Stove Kraft Stock Price Analysis and Quick Research Report. Is Stove Kraft an attractive stock to invest in?

The Consumer Durable sector in India has attracted significant investments over the years which resulted in increasing demand and also facilitated by the rise in disposable income. Indian Appliance and Consumer Electronics Industry’s market size was 21.49 billion USD in FY17 and is expected to be at 48.37 billion USD by FY22. The unorganized markets will provide scope for the rural markets to grow in fast paces because of the increase in the shift to organized markets.

The key growth drivers for the consumer durables sector are modernization, changing lifestyles, increasing awareness, rising incomes, convenient shopping options, etc. the relaxation by the government for FDI will also boost the sector.

Stove Kraft is India’s famous brand in the consumer durable segment nationally and globally. Stove Kraft stock price today is Rs 580.05. Let's study some key parameters of the company:

• The net sales of the company is Rs 1364.33 Cr. It has increased from the previous year sales of Rs 1283.847 Cr. The sales growth of the company was poor at 6.2689 %.
   
• The sales figure can be matched with inventory turnover to check whether it's justifiable or not. The turnover ratio for Stove Kraft is 4.8408 times. Stove Kraft poorly manages its assets.
   
• The PAT growth rate of -4.5709 % is poor for the company. The net profit compared to the % of sales is known as PAT margin which is 2.502 %.
   
• The growth of EPS should ideally be around the PAT growth rate. For Stove Kraft EPS growth rate is -4.6424 % which is quite far from the PAT growth rate . The Earning per share for the latest quarter is 3.1543 Rs.
   
• Share Price: - The current share price of Stove Kraft is Rs 580.05. One can use valuation calculators of ticker to know if Stove Kraft share price is undervalued or overvalued.
   
• Company’s assets have given an average return of 5.42954587094883 % for the 3 years and equity gave an average return of 11.4771688085117 % for the 3 years.
   
• Stove Kraft has a Debt to equity ratio of 0.473 which is an indicative measure of financial risk when compared to its peers.