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About Us
Stovekraft has emerged as India’s largest kitchen appliances brand serving the needs of every homemaker in the country. Stovekraft’s design philosophy is founded on a pioneering spirit and a culture of innovation. We’ve built our heritage with a futuristic vision that stays true to the elemental of sustainable design. We believe in innovation which consistently connects people with food and design.
- 600+ of product portfolio
- 3700+ of human capital
- Around 61000+ dealers are spread across India
- We have our Global presence in 12+ countries
Stovekraft Limited is an ISO 9001:2008 certified company, which is India’s largest kitchen appliances industry. Over the years, Stovekraft has evolved as an organization by creating wonders consistently with the technology to make the dull household work in the kitchen, a pleasant and delightful experience.
Our flagship brands are Pigeon & Gilma, each has an exclusive consumer proposition and tough marketing strategies. We are present across the country with over 34K+ dealers. With our brands, we offer premium kitchen solutions over a wide range of products which include a pressure cooker, non-stick cookware, gas and induction cooktops, mixer grinders, chimneys, and hobs. Our commitment to safety is deeply rooted in our thinking, as well as social welfare and providing equal employment opportunities. We have around 2000 dedicated employees currently.
We are embedded in the products we design, manufacture, and the way they are delivered to our customers. In this fastest-growing world, our responsibility is to reduce the impact of our manufacturing footprint on the environment.
Over our rigorous efforts, we have reached a long way for our customers in the overseas markets. With an extensive global presence across Middle east countries, Kenya, Uganda, Sri Lanka, Fiji, Bahrain, Kuwait, Oman, and Tanzania. Our prestigious clients also include Walmart, Big Lots, and Belk in the USA.
Stovekraft has the largest manufacturing facility for kitchen appliances in the Harohalli Industrial Area, Near Bangalore, and the second manufacturing unit at Baddi, Himachal Pradesh.
It is our constant endeavor to provide the best services using ultramodern technology for our valued customers.
Our Vision
Is to be recognized as a leading kitchen appliances company across the globe by creating an impact on the environment using sustainable products while reducing the carbon footprint for our clients around the world.
Our Mission
Our mission is to set up the next generation of products with the highest quality standards through a qualified team. We provide a unique experience for our customers in the field of integrated kitchen appliances. Also, to enhance our customer experience & satisfaction by supplying the best products and services.
Started by manufacturing kerosene wick stoves
Became the largest manufacturer of LPG stoves in India
Became an ‘incorporated’ company, with brands like BPL, Marlex & Inalsa as our OEMs
Granted trademark registrations for Gilma
Granted trademark registrations for Pigeon
Commenced manufacturing at Baddi Unit Himachal Pradesh
Inaugurated the 50th exclusive Gilma store, owned by the company
Tied-up with leading petroleum marketing companies like IOCL, BPCL & HPCL
Moved to India's largest single-location manufacturaing facility, in Bangalore
Investments by SIDBI, Received factory licence for Unit 1 of the Bengaluru facility
Had a private equity infusion by Sequoia Capital to fuel the next stage of our growth
Crossed ₹ 5000 Mn in revenues.
Setting up of automated Italian Plant to manufacture non-stick cookware, with annual capacity of 7.2 Mn units
Commenced exports to USA
Granted certificate of registration of design for our product 'pressure cooker'
Entered into an exclusive brand licensing agreement with Stanley Black & Decker Inc. and The Black and Decker Corporation.
Shifted to a world-class corporate office
Achieved sales of 9.1 Mn units
Commenced the manufacturing of Pigeon LED products in Bengaluru and inner lid cookers in Baddi.
Automated our Roller Coating Unit. Commenced production of handy chopper, thermometer and PCB for LED bulbs and batten.
Increased production capacity for induction cooktop, LED bulbs and pressure cooker.
IPO with listing on NSE and BSE with valuation of over ₹ 1500 Cr. Initiated investments in renewable energy for captive power consumption.
Enriching Life and Liveability
A village nearby our factory was facing a shortage of water, which is essential for all lives. So, Stovekraft came up with an initiative to solve the problem by digging a borewell for the village in order to meet the water crisis of the villagers. The new borewell is used by more than 250 families for drinking and domestic use. Local governing authorities have taken the access to supply the water to the village with a scheme. The village community is extremely happy as Stovekraft cleared the water crisis as well as let them use the water effectively in their livelihood activities.
Scaling Up the Infrastructure
We are focused on balancing economic prosperity, environmental responsibility and social benefits for the community. With that goal, Stovekraft decided to build a concrete pathway in front of our factory, where it was washed away during the rains. The pathway stretches over 500 feet in length. After the construction of the pathway, it enabled our factory employees to park their vehicles at their convenience. Even, we helped the local farmers to sell their fresh vegetables directly to the thousands of employees of the factory, as they left the premises after their shifts.
CSR Interventions in Primary Education
Stovekraft believes that every individual is entitled to the Right to Education. We aim to accomplish this through various projects designed around educating the marginalized and backward sections of society. Our projects in education started with sponsoring the construction of raw materials and renovating the local government primary school buildings. We also placed the benches and tables inside the classrooms, so that students should not sit on the floor. We came up with the initiative in 2010 to supply books and stationery for the academic year and later on we continued every year.
Quality
Stovekraft Limited is a certified company under an ISO 9001-2015. We design, engineer & manufacture world-class kitchen appliances. All our products come with the distinguished ISI certification. We have tied-up with local vendors to supply the raw materials and parts. We implement automated statistical process control systems to make sure that the products meet the high and reliable quality. We follow the kaizen method to improve the quality of the product.
We at Stovekraft are committed to improve the product quality and meet customer satisfaction. Quality assurance team ensures & confirms that all our products meet customer’s expectations. This typically involves planning, observation and inspection. All our products are designed and manufactured with the highest-quality standards.
- Safety
- Product durability
- User-friendly features
- Product efficiency
Innovation
Stovekraft stands for continuous innovation. We are a fully integrated manufacturing facility to deliver all product & categories we work in. The process includes high quality checks that ensure every product released to the market is manufactured perfectly. We have already achieved innovation as a basis for improvements in every product and guaranteeing a value for money. We launch new products every year with latest updates & features to delight our consumers.
We encourage our workforce to think creatively and are prepared to tackle even the most difficult technological challenges. Our decentralised corporate structure puts us in a position to react flexibly to competition in global market areas and to transform ideas rapidly into effective results. We are the leaders in anti-scratch, induction-based cookware. Stovekraft has also won the prestigious IDESIGN award for the Pigeon super storm mixer grinder.
Process
Stovekraft is aiming for maximum quality which is a key focus of our 100% Made in India cookware production. With no detail is overlooked and the technologies used are constantly evolving. Our highly automated plant is among the most advanced ones within the industry and can produce any type of cookware with non-stick coating. Quality and innovation are accompanied by a careful choice of our raw material suppliers, all of which are ISI standards.
All our non-stick pans and cookware are made of aluminium and shaped to perfection, using cutting-edge presses & technology.
- Deep Drawing
- Friction Press
- Polishing and Grinding
- Packing
With strict quality controls complete the production cycle, from raw materials to the finished product, ensuring a 100% quality standard compliance for all end products which is reflected by our product return numbers.
Technology
Stovekraft’s latest technology provides solutions to your concerns: safety and durability. We offer a unique combination of the best attributes of non-stick, with the best of stainless steel. Our state-of-the-art technology uses exceptionally durable, safe non-stick, combined with strong and beautiful steel peaks that radiate out in circles across the pan, protecting the surface from scratches. We’re so confident in our cookware not scratching, we even provide our own metal utensils. And best of all when you’re finished cooking, the cleaning will be a dream.
Our cookware cooks like steel but cleans like non-stick. Now you can transform the way you cook. We’ve pioneered major advances in cookware so you can cook with complete confidence. Our innovations set the standard & engineered for the most demanding kitchenware and built to last a lifetime.
MR. RAJENDRA GANDHI
Managing Director
Mr. Rajendra Gandhi is the founder of our company and has over 21 years of industry experience. With his entrepreneurial acumen, he has built stove kraft to become one of the leading brands for kitchen appliances in India and has been on the Board since 1999. He continues to be closely involved in the day-to-day affairs of the company and is instrumental in promoting Stove Kraft’s culture of innovation.
MRS. SUNITA RAJENDRA GANDHI
Non-Executive Director Mrs. Sunita Rajendra Gandhi is promoter of the Company. She was appointed as an additional non- executive director of the Company w.e.f. 2 nd February 2023. She completed her senior secondary certificate examination from SS Jain V High School, Secunderabad. She was also director of the Company from 10 July 2004 till 30 September 2016. She has contributed towards the growth of Company since inception with her support to Mr. Gandhi.
MS. NEHA GANDHI
Executive Director
Ms. Neha Gandhi holds a Bachelor’s degree in Business Administration from Christ University, Bengaluru and has completed a Postgraduate certificate programme in Sales and Marketing Management from MICA (formerly Mudra Institute of Communications, Ahmedabad). She has served as a Graduate trainee at Viacom 18 Media Private Limited.
MR. ANUP S SHAH
Independent Director
Mr. Anup Shah holds a bachelor’s degree in commerce from HR College, Mumbai, and a degree in law from Government Law College, Mumbai. He has over 36 years of experience in the field of law, specifically real estate law. Since founding his own firm in 1993, he has advised developers, builders and foreign and domestic investors in structuring real estate transactions, leases, development agreements and joint ventures. He specialises in commercial and property documentation, corporate and commercial litigation, property related issues, land laws and arbitration and alternative dispute resolutions. He is the Founder Partner of Anup S Shah Law Firm in Bangalore
Mr. Natrajan Ramakrishna
Independent Director
A qualified Chartered Accountant, Mr. Natrajan Ramakrishna (holding DIN 06597041) has an experience of over forty years in the accounting profession focusing mainly on Generally Accepted Accounting Principles (GAAP), IFRS, IndAS and Auditing. His areas of core competencies include Board and Corporate Governance Consulting, Financial Reporting, laying down Culture & Values Frameworks, Risk Management frameworks and Operational Excellence. He has extensive knowledge and experience in handling cultural integration. Having worked with some large International Accounting firms he has gained immense experience with boards and committees as to laying down policy frameworks relating to Business Resilience and Continuity Planning. He has a proven track record of work spread over various sectors focusing on Information Technology, Financial Services, FMCG Companies and Telecom. He has been a speaker at several conferences and professional forums.
MRS. SHUBA RAO MAYYA
Independent Director
Mrs. Shuba Rao Mayya holds a Bachelor’s degree in Commerce from the University of Mumbai and is a Chartered Accountant with the Institute of Chartered Accountants of India. She has previously worked with ICICI Limited, ICICI Prudential Life Insurance Company Limited and Tata Consultancy Services Limited. She also serves as a Director on the board of Ace Manufacturing System Limited and Happiest minds Technologies Limited.
Mr. Avinash Gupta
Independent Director
Mr. Avinash Gupta, (holding DIN 02783217), is a highly experienced, execution-focused senior leader with a strong, global background and brings more than 3 decades of experience and a vast network of business relationships. Avinash has worked extensively in financial services including M&A, equity and debt financing, private equity placement and advisory across the EMENA and Asia. Prior to joining Dun & Bradstreet in 2021, he worked with Rabo Equity Advisors where he was the Managing Director since 2018. Over the years, he has held various leadership positions including recently as Head of Deloitte India's Financial Advisory Services business. He has worked in senior positions across geographies and products in various institutions such as HSBC, UBS, Barings, Citibank, Falcon Capital, and Alpen Capital. In his initial years in the USA, he also worked as an equity analyst covering the Oil Services sector at Wedbush Morgan Securities (Los Angeles) and Howard Weil (New Orleans). Mr. Gupta has an MBA from the A.B. Freeman School of Business, Tulane University (Deans List with full fellowship) and a B.Tech. in Mechanical Engineering from the Indian Institute of Technology, BHU Varanasi. He is member of the National Executive Committees of Federation of Indian Chambers of Commerce and Industry (FICCI) and Associated Chambers of Commerce and Industry of India (ASSOCHAM).
