# Domestic Appliances — company-by-company sector analysis

> Domestic Appliances: IFB Industries Ltd owns the largest revenue base; Hawkins Cookers Ltd has the fastest current growth.

Sector Alpha — machine-written from the numbers. Data as of 2026-08-05. Not investment advice.

## Bottom line

Domestic Appliances has underperformed NIFTY 500 by 12.7% over 52 weeks and 15.4% over 13 weeks. 4 of 6 covered companies beat NIFTY on Mansfield relative strength, while 3 of 6 beat the sector itself. IFB Industries Ltd leads with revenue of ₹5,619 crore, based on 6 of 6 comparable companies through Mar 2026.

## Sector relative strength

Domestic Appliances has underperformed NIFTY 500 by 12.7% over the last 52 weeks. Over 13 weeks the gap is a lead of 15.4%. 4 of 6 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Hawkins Cookers Ltd is the strongest against the sector itself at +17.7%. Readings are as of 2026-07-19.

13-week sector return versus NIFTY 500: 15%
52-week sector return versus NIFTY 500: -13%
Stocks leading NIFTY: 4/6
Stocks leading sector: 3/6

Central tension: The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Companies: 6
Combined market value: ₹26.3K Cr

## 4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

1. Butterfly Gandhimathi Appliances Ltd (BUTTERFLY): 63/100 — Mixed-positive evidence; evidence 83%
   - Growth & earnings 22.8/35 | Capital efficiency 12.8/25 | Valuation 13.3/20 | Relative strength 14.1/20
   - Price stage: BREAKING OUT — Ahead of the benchmark five weeks or more running, with its lead holding or widening.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 8 of the last 12 weeks
   - Exact sum: 22.8 + 12.8 + 13.3 + 14.1 = 63
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2. Hawkins Cookers Ltd (HAWKINCOOK): 59/100 — Mixed-positive evidence; evidence 94%
   - Growth & earnings 18.3/35 | Capital efficiency 19.4/25 | Valuation 6.8/20 | Relative strength 14.8/20
   - Price stage: TURNING — Ahead of the benchmark for one to four weeks, after a stretch of being behind.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 3 of 10 weeks with a reading, within the last 12
   - Exact sum: 18.3 + 19.4 + 6.8 + 14.8 = 59.3
   - Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.
3. Stove Kraft Ltd (STOVEKRAFT): 55/100 — Mixed-positive evidence; evidence 90%
   - Growth & earnings 12.1/35 | Capital efficiency 15.8/25 | Valuation 13.9/20 | Relative strength 13.6/20
   - Price stage: TURNING — Ahead of the benchmark for one to four weeks, after a stretch of being behind.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 10 of 10 weeks with a reading, within the last 12
   - Exact sum: 12.1 + 15.8 + 13.9 + 13.6 = 55.4
   - Decision use: Price leads the evidence: RS versus the benchmark is 25%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
4. TTK Prestige Ltd (TTKPRESTIG): 50/100 — Mixed-positive evidence; evidence 94%
   - Growth & earnings 27.8/35 | Capital efficiency 10.7/25 | Valuation 2.2/20 | Relative strength 9.7/20
   - Price stage: TURNING — Ahead of the benchmark for one to four weeks, after a stretch of being behind.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 6 of 10 weeks with a reading, within the last 12
   - Exact sum: 27.8 + 10.7 + 2.2 + 9.7 = 50.4
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5. IFB Industries Ltd (IFBIND): 47/100 — Mixed-negative evidence; evidence 83%
   - Growth & earnings 20.2/35 | Capital efficiency 14.5/25 | Valuation 8.2/20 | Relative strength 3.6/20
   - Price stage: TURNING — Ahead of the benchmark for one to four weeks, after a stretch of being behind.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 8 of 10 weeks with a reading, within the last 12
   - Exact sum: 20.2 + 14.5 + 8.2 + 3.6 = 46.5
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6. Bajaj Electricals Ltd (BAJAJELEC): 21/100 — Adverse evidence; evidence 70%
   - Growth & earnings 4.4/35 | Capital efficiency 2.8/25 | Valuation 10.0/20 | Relative strength 4.2/20
   - Price stage: ASLEEP — Neither ahead of the benchmark nor yet turning up against it.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 1 of 10 weeks with a reading, within the last 12
   - Exact sum: 4.4 + 2.8 + 10 + 4.2 = 21.4
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

## Market action

Stove Kraft Ltd has the strongest one-year price move in Domestic Appliances at +35.7%. It also leads on Mansfield relative strength against NIFTY at +25%. 4 of 6 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-31.

### Strongest one-year price performers
1. Stove Kraft Ltd (STOVEKRAFT): 36%
2. TTK Prestige Ltd (TTKPRESTIG): 1.7%
3. Butterfly Gandhimathi Appliances Ltd (BUTTERFLY): -2.7%
4. IFB Industries Ltd (IFBIND): -5.6%
5. Hawkins Cookers Ltd (HAWKINCOOK): -9.5%

### Strongest relative strength versus NIFTY 500
1. Stove Kraft Ltd (STOVEKRAFT): 25%
2. TTK Prestige Ltd (TTKPRESTIG): 7.3%
3. Butterfly Gandhimathi Appliances Ltd (BUTTERFLY): 5.8%
4. Hawkins Cookers Ltd (HAWKINCOOK): 3.6%
5. IFB Industries Ltd (IFBIND): -5.6%

## Revenue Scale & Growth Durability

What the numbers say: IFB Industries Ltd is the scale leader at ₹5,619 crore, 25.9% ahead of Bajaj Electricals Ltd. Hawkins Cookers Ltd's growth is 18% from a ₹1,331 crore base, with 20 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

Investor read: IFB Industries Ltd is the scale benchmark; Hawkins Cookers Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: IFB Industries Ltd's growth falls below Hawkins Cookers Ltd's for two consecutive comparable reports while operating margin also compresses.

Evidence: IFB Industries Ltd · ₹5,619 crore | 25.9% versus #2 · Bajaj Electricals Ltd | 8/8 recent comparable periods | 6/6 companies · 111 observations

Definition: Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.

### Revenue — largest
1. IFB Industries Ltd (IFBIND): ₹5.6K Cr
2. Bajaj Electricals Ltd (BAJAJELEC): ₹4.5K Cr
3. TTK Prestige Ltd (TTKPRESTIG): ₹3.2K Cr
4. Stove Kraft Ltd (STOVEKRAFT): ₹1.5K Cr
5. Hawkins Cookers Ltd (HAWKINCOOK): ₹1.3K Cr

### Revenue growth — fastest growers
1. Hawkins Cookers Ltd (HAWKINCOOK): 18%
2. TTK Prestige Ltd (TTKPRESTIG): 16%
3. IFB Industries Ltd (IFBIND): 10%
4. Butterfly Gandhimathi Appliances Ltd (BUTTERFLY): 9.0%
5. Stove Kraft Ltd (STOVEKRAFT): 3.0%

### 20-quarter Revenue history
- TTKPRESTIG: Sep 2021 ₹859 Cr | Dec 2021 ₹765 Cr | Mar 2022 ₹698 Cr | Jun 2022 ₹629 Cr | Sep 2022 ₹842 Cr | Dec 2022 ₹695 Cr | Mar 2023 ₹611 Cr | Jun 2023 ₹588 Cr | Sep 2023 ₹729 Cr | Dec 2023 ₹738 Cr | Mar 2024 ₹623 Cr | Jun 2024 ₹588 Cr | Sep 2024 ₹750 Cr | Dec 2024 ₹727 Cr | Mar 2025 ₹650 Cr | Jun 2025 ₹609 Cr | Sep 2025 ₹834 Cr | Dec 2025 ₹801 Cr | Mar 2026 ₹729 Cr | Jun 2026 ₹814 Cr
- IFBIND: Sep 2021 ₹990 Cr | Dec 2021 ₹953 Cr | Mar 2022 ₹900 Cr | Jun 2022 ₹1.1K Cr | Sep 2022 ₹1.1K Cr | Dec 2022 ₹999 Cr | Mar 2023 ₹1.0K Cr | Jun 2023 ₹1.1K Cr | Sep 2023 ₹1.1K Cr | Dec 2023 ₹1.2K Cr | Mar 2024 ₹1.1K Cr | Jun 2024 ₹1.3K Cr | Sep 2024 ₹1.2K Cr | Dec 2024 ₹1.3K Cr | Mar 2025 ₹1.3K Cr | Jun 2025 ₹1.3K Cr | Sep 2025 ₹1.4K Cr | Dec 2025 ₹1.4K Cr | Mar 2026 ₹1.5K Cr | Jun 2026 —
- HAWKINCOOK: Sep 2021 ₹266 Cr | Dec 2021 ₹269 Cr | Mar 2022 ₹272 Cr | Jun 2022 ₹198 Cr | Sep 2022 ₹297 Cr | Dec 2022 ₹257 Cr | Mar 2023 ₹254 Cr | Jun 2023 ₹203 Cr | Sep 2023 ₹272 Cr | Dec 2023 ₹272 Cr | Mar 2024 ₹277 Cr | Jun 2024 ₹228 Cr | Sep 2024 ₹296 Cr | Dec 2024 ₹286 Cr | Mar 2025 ₹307 Cr | Jun 2025 ₹239 Cr | Sep 2025 ₹316 Cr | Dec 2025 ₹332 Cr | Mar 2026 ₹365 Cr | Jun 2026 ₹318 Cr
- BAJAJELEC: Sep 2021 ₹1.3K Cr | Dec 2021 ₹1.3K Cr | Mar 2022 ₹1.3K Cr | Jun 2022 ₹1.2K Cr | Sep 2022 ₹1.2K Cr | Dec 2022 ₹1.3K Cr | Mar 2023 ₹1.3K Cr | Jun 2023 ₹1.1K Cr | Sep 2023 ₹1.1K Cr | Dec 2023 ₹1.2K Cr | Mar 2024 ₹1.2K Cr | Jun 2024 ₹1.2K Cr | Sep 2024 ₹1.1K Cr | Dec 2024 ₹1.3K Cr | Mar 2025 ₹1.3K Cr | Jun 2025 ₹1.1K Cr | Sep 2025 ₹1.1K Cr | Dec 2025 ₹1.1K Cr | Mar 2026 ₹1.2K Cr | Jun 2026 —
- STOVEKRAFT: Sep 2021 ₹363 Cr | Dec 2021 ₹298 Cr | Mar 2022 ₹261 Cr | Jun 2022 ₹275 Cr | Sep 2022 ₹406 Cr | Dec 2022 ₹325 Cr | Mar 2023 ₹278 Cr | Jun 2023 ₹298 Cr | Sep 2023 ₹380 Cr | Dec 2023 ₹362 Cr | Mar 2024 ₹325 Cr | Jun 2024 ₹314 Cr | Sep 2024 ₹418 Cr | Dec 2024 ₹404 Cr | Mar 2025 ₹313 Cr | Jun 2025 ₹340 Cr | Sep 2025 ₹474 Cr | Dec 2025 ₹378 Cr | Mar 2026 ₹415 Cr | Jun 2026 —
- BUTTERFLY: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 ₹248 Cr | Mar 2023 ₹187 Cr | Jun 2023 ₹219 Cr | Sep 2023 ₹308 Cr | Dec 2023 ₹238 Cr | Mar 2024 ₹166 Cr | Jun 2024 ₹182 Cr | Sep 2024 ₹258 Cr | Dec 2024 ₹238 Cr | Mar 2025 ₹187 Cr | Jun 2025 ₹187 Cr | Sep 2025 ₹293 Cr | Dec 2025 ₹245 Cr | Mar 2026 ₹218 Cr | Jun 2026 —

### 20-quarter Revenue growth history
- TTKPRESTIG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 57% | Sep 2022 -2.0% | Dec 2022 -9.2% | Mar 2023 -12% | Jun 2023 -6.5% | Sep 2023 -13% | Dec 2023 6.2% | Mar 2024 2.0% | Jun 2024 0.0% | Sep 2024 2.9% | Dec 2024 -1.5% | Mar 2025 4.3% | Jun 2025 3.6% | Sep 2025 11% | Dec 2025 10% | Mar 2026 12% | Jun 2026 34%
- IFBIND: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 87% | Sep 2022 13% | Dec 2022 4.8% | Mar 2023 12% | Jun 2023 1.8% | Sep 2023 -1.5% | Dec 2023 16% | Mar 2024 7.9% | Jun 2024 17% | Sep 2024 11% | Dec 2024 9.4% | Mar 2025 22% | Jun 2025 5.4% | Sep 2025 12% | Dec 2025 11% | Mar 2026 12% | Jun 2026 —
- HAWKINCOOK: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 31% | Sep 2022 12% | Dec 2022 -4.5% | Mar 2023 -6.6% | Jun 2023 2.5% | Sep 2023 -8.4% | Dec 2023 5.8% | Mar 2024 9.1% | Jun 2024 12% | Sep 2024 8.8% | Dec 2024 5.2% | Mar 2025 11% | Jun 2025 4.8% | Sep 2025 6.8% | Dec 2025 16% | Mar 2026 19% | Jun 2026 33%
- BAJAJELEC: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 43% | Sep 2022 -5.8% | Dec 2022 -0.8% | Mar 2023 -3.2% | Jun 2023 -9.5% | Sep 2023 -9.2% | Dec 2023 -6.2% | Mar 2024 -8.1% | Jun 2024 3.9% | Sep 2024 0.5% | Dec 2024 5.1% | Mar 2025 6.5% | Jun 2025 -7.8% | Sep 2025 -1.0% | Dec 2025 -19% | Mar 2026 -2.0% | Jun 2026 —
- STOVEKRAFT: Sep 2021 — | Dec 2021 1.0% | Mar 2022 11% | Jun 2022 29% | Sep 2022 12% | Dec 2022 8.9% | Mar 2023 6.5% | Jun 2023 8.3% | Sep 2023 -6.5% | Dec 2023 11% | Mar 2024 17% | Jun 2024 5.6% | Sep 2024 10% | Dec 2024 12% | Mar 2025 -3.8% | Jun 2025 8.2% | Sep 2025 13% | Dec 2025 -6.4% | Mar 2026 33% | Jun 2026 —
- BUTTERFLY: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 -4.0% | Mar 2024 -11% | Jun 2024 -17% | Sep 2024 -16% | Dec 2024 0.0% | Mar 2025 13% | Jun 2025 2.8% | Sep 2025 14% | Dec 2025 2.9% | Mar 2026 17% | Jun 2026 —

## Operating Economics & Margin Trend

What the numbers say: Hawkins Cookers Ltd leads opm at 13%; TTK Prestige Ltd leads margin change at +3 percentage points.

Investor read: Hawkins Cookers Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Evidence: Hawkins Cookers Ltd · 13% | 30% versus #2 · TTK Prestige Ltd | 1/8 recent comparable periods | 6/6 companies · 116 observations

Definition: Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.

### OPM — highest
1. Hawkins Cookers Ltd (HAWKINCOOK): 13%
2. TTK Prestige Ltd (TTKPRESTIG): 10%
3. Butterfly Gandhimathi Appliances Ltd (BUTTERFLY): 9.0%
4. IFB Industries Ltd (IFBIND): 5.0%
5. Stove Kraft Ltd (STOVEKRAFT): 4.4%

### Margin change — fastest expanders
1. TTK Prestige Ltd (TTKPRESTIG): +3.0 pp
2. IFB Industries Ltd (IFBIND): +0.8 pp
3. Butterfly Gandhimathi Appliances Ltd (BUTTERFLY): 0.0 pp
4. Hawkins Cookers Ltd (HAWKINCOOK): −2.0 pp
5. Bajaj Electricals Ltd (BAJAJELEC): −3.8 pp

### 20-quarter OPM history
- TTKPRESTIG: Sep 2021 17% | Dec 2021 17% | Mar 2022 16% | Jun 2022 13% | Sep 2022 14% | Dec 2022 12% | Mar 2023 13% | Jun 2023 10% | Sep 2023 11% | Dec 2023 12% | Mar 2024 12% | Jun 2024 9.0% | Sep 2024 10% | Dec 2024 11% | Mar 2025 8.0% | Jun 2025 7.0% | Sep 2025 12% | Dec 2025 9.0% | Mar 2026 9.0% | Jun 2026 10%
- IFBIND: Sep 2021 7.1% | Dec 2021 2.8% | Mar 2022 -1.2% | Jun 2022 3.3% | Sep 2022 6.2% | Dec 2022 3.0% | Mar 2023 2.6% | Jun 2023 2.8% | Sep 2023 6.0% | Dec 2023 5.0% | Mar 2024 3.9% | Jun 2024 6.0% | Sep 2024 5.0% | Dec 2024 7.0% | Mar 2025 4.2% | Jun 2025 4.6% | Sep 2025 7.0% | Dec 2025 5.0% | Mar 2026 5.0% | Jun 2026 —
- HAWKINCOOK: Sep 2021 14% | Dec 2021 10% | Mar 2022 11% | Jun 2022 17% | Sep 2022 15% | Dec 2022 10% | Mar 2023 13% | Jun 2023 14% | Sep 2023 18% | Dec 2023 10% | Mar 2024 17% | Jun 2024 15% | Sep 2024 15% | Dec 2024 10% | Mar 2025 15% | Jun 2025 15% | Sep 2025 14% | Dec 2025 14% | Mar 2026 15% | Jun 2026 13%
- BAJAJELEC: Sep 2021 7.3% | Dec 2021 7.0% | Mar 2022 4.7% | Jun 2022 6.5% | Sep 2022 7.8% | Dec 2022 8.0% | Mar 2023 7.0% | Jun 2023 6.0% | Sep 2023 7.0% | Dec 2023 4.7% | Mar 2024 4.2% | Jun 2024 7.0% | Sep 2024 4.6% | Dec 2024 7.0% | Mar 2025 7.0% | Jun 2025 3.1% | Sep 2025 5.0% | Dec 2025 0.8% | Mar 2026 3.2% | Jun 2026 —
- STOVEKRAFT: Sep 2021 9.9% | Dec 2021 4.3% | Mar 2022 3.9% | Jun 2022 5.5% | Sep 2022 9.5% | Dec 2022 7.8% | Mar 2023 2.1% | Jun 2023 8.1% | Sep 2023 11% | Dec 2023 8.3% | Mar 2024 7.6% | Jun 2024 10% | Sep 2024 12% | Dec 2024 10% | Mar 2025 9.4% | Jun 2025 10% | Sep 2025 12% | Dec 2025 9.1% | Mar 2026 4.4% | Jun 2026 —
- BUTTERFLY: Sep 2021 12% | Dec 2021 7.9% | Mar 2022 -9.2% | Jun 2022 10% | Sep 2022 11% | Dec 2022 9.0% | Mar 2023 4.2% | Jun 2023 9.0% | Sep 2023 8.0% | Dec 2023 1.0% | Mar 2024 -12% | Jun 2024 5.0% | Sep 2024 9.0% | Dec 2024 7.0% | Mar 2025 9.0% | Jun 2025 7.0% | Sep 2025 9.0% | Dec 2025 8.0% | Mar 2026 9.0% | Jun 2026 —

### 20-quarter Margin change history
- TTKPRESTIG: Sep 2021 +2.5 pp | Dec 2021 +0.8 pp | Mar 2022 −2.3 pp | Jun 2022 +1.7 pp | Sep 2022 −2.7 pp | Dec 2022 −4.9 pp | Mar 2023 −2.7 pp | Jun 2023 −2.7 pp | Sep 2023 −3.1 pp | Dec 2023 0.0 pp | Mar 2024 −1.0 pp | Jun 2024 −1.0 pp | Sep 2024 −1.0 pp | Dec 2024 −1.0 pp | Mar 2025 −4.0 pp | Jun 2025 −2.0 pp | Sep 2025 +2.0 pp | Dec 2025 −2.0 pp | Mar 2026 +1.0 pp | Jun 2026 +3.0 pp
- IFBIND: Sep 2021 −4.1 pp | Dec 2021 −8.4 pp | Mar 2022 −7.7 pp | Jun 2022 +8.8 pp | Sep 2022 −0.9 pp | Dec 2022 +0.2 pp | Mar 2023 +3.8 pp | Jun 2023 −0.5 pp | Sep 2023 −0.2 pp | Dec 2023 +2.0 pp | Mar 2024 +1.3 pp | Jun 2024 +3.2 pp | Sep 2024 −1.0 pp | Dec 2024 +2.0 pp | Mar 2025 +0.3 pp | Jun 2025 −1.4 pp | Sep 2025 +2.0 pp | Dec 2025 −2.0 pp | Mar 2026 +0.8 pp | Jun 2026 —
- HAWKINCOOK: Sep 2021 −4.7 pp | Dec 2021 −3.9 pp | Mar 2022 −1.8 pp | Jun 2022 +0.8 pp | Sep 2022 +0.8 pp | Dec 2022 −0.2 pp | Mar 2023 +1.6 pp | Jun 2023 −2.9 pp | Sep 2023 +3.3 pp | Dec 2023 0.0 pp | Mar 2024 +4.0 pp | Jun 2024 +1.0 pp | Sep 2024 −3.0 pp | Dec 2024 0.0 pp | Mar 2025 −2.0 pp | Jun 2025 0.0 pp | Sep 2025 −1.0 pp | Dec 2025 +4.0 pp | Mar 2026 0.0 pp | Jun 2026 −2.0 pp
- BAJAJELEC: Sep 2021 −1.4 pp | Dec 2021 −2.9 pp | Mar 2022 −1.0 pp | Jun 2022 +6.4 pp | Sep 2022 +0.6 pp | Dec 2022 +1.0 pp | Mar 2023 +2.3 pp | Jun 2023 −0.5 pp | Sep 2023 −0.8 pp | Dec 2023 −3.3 pp | Mar 2024 −2.8 pp | Jun 2024 +1.0 pp | Sep 2024 −2.4 pp | Dec 2024 +2.3 pp | Mar 2025 +2.8 pp | Jun 2025 −3.9 pp | Sep 2025 +0.4 pp | Dec 2025 −6.2 pp | Mar 2026 −3.8 pp | Jun 2026 —
- STOVEKRAFT: Sep 2021 −3.8 pp | Dec 2021 −10.7 pp | Mar 2022 −7.1 pp | Jun 2022 −2.0 pp | Sep 2022 −0.4 pp | Dec 2022 +3.5 pp | Mar 2023 −1.8 pp | Jun 2023 +2.6 pp | Sep 2023 +1.0 pp | Dec 2023 +0.5 pp | Mar 2024 +5.5 pp | Jun 2024 +2.0 pp | Sep 2024 +1.2 pp | Dec 2024 +1.7 pp | Mar 2025 +1.8 pp | Jun 2025 +0.4 pp | Sep 2025 +0.3 pp | Dec 2025 −1.0 pp | Mar 2026 −5.0 pp | Jun 2026 —
- BUTTERFLY: Sep 2021 −0.1 pp | Dec 2021 −4.2 pp | Mar 2022 −15.3 pp | Jun 2022 +4.8 pp | Sep 2022 −0.6 pp | Dec 2022 +1.1 pp | Mar 2023 +13.4 pp | Jun 2023 −1.2 pp | Sep 2023 −3.2 pp | Dec 2023 −8.0 pp | Mar 2024 −16.2 pp | Jun 2024 −4.0 pp | Sep 2024 +1.0 pp | Dec 2024 +6.0 pp | Mar 2025 +21.0 pp | Jun 2025 +2.0 pp | Sep 2025 0.0 pp | Dec 2025 +1.0 pp | Mar 2026 0.0 pp | Jun 2026 —

## Profit Scale & Acceleration

What the numbers say: TTK Prestige Ltd leads with ₹190 crore of TTM profit, 31.9% above IFB Industries Ltd. TTK Prestige Ltd shows ≥100% on the scoring scale (104.3% uncapped) growth from a ₹190 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

Investor read: TTK Prestige Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Evidence: TTK Prestige Ltd · ₹190 crore | 31.9% versus #2 · IFB Industries Ltd | 2/8 recent comparable periods | 6/6 companies · 111 observations

Definition: Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.

### Net profit — largest
1. TTK Prestige Ltd (TTKPRESTIG): ₹190 Cr
2. IFB Industries Ltd (IFBIND): ₹144 Cr
3. Hawkins Cookers Ltd (HAWKINCOOK): ₹136 Cr
4. Butterfly Gandhimathi Appliances Ltd (BUTTERFLY): ₹45 Cr
5. Stove Kraft Ltd (STOVEKRAFT): ₹37 Cr

### Profit growth — fastest growers
1. TTK Prestige Ltd (TTKPRESTIG): 100%
2. Butterfly Gandhimathi Appliances Ltd (BUTTERFLY): 36%
3. IFB Industries Ltd (IFBIND): 21%
4. Hawkins Cookers Ltd (HAWKINCOOK): 18%
5. Stove Kraft Ltd (STOVEKRAFT): -5.9%

### 20-quarter Net profit history
- TTKPRESTIG: Sep 2021 ₹104 Cr | Dec 2021 ₹91 Cr | Mar 2022 ₹80 Cr | Jun 2022 ₹53 Cr | Sep 2022 ₹84 Cr | Dec 2022 ₹58 Cr | Mar 2023 ₹58 Cr | Jun 2023 ₹47 Cr | Sep 2023 ₹59 Cr | Dec 2023 ₹62 Cr | Mar 2024 ₹57 Cr | Jun 2024 ₹41 Cr | Sep 2024 ₹52 Cr | Dec 2024 ₹57 Cr | Mar 2025 ₹-42 Cr | Jun 2025 ₹26 Cr | Sep 2025 ₹63 Cr | Dec 2025 ₹32 Cr | Mar 2026 ₹36 Cr | Jun 2026 ₹59 Cr
- IFBIND: Sep 2021 ₹25 Cr | Dec 2021 ₹-3 Cr | Mar 2022 ₹-28 Cr | Jun 2022 ₹2 Cr | Sep 2022 ₹24 Cr | Dec 2022 ₹-1 Cr | Mar 2023 ₹-10 Cr | Jun 2023 ₹-1 Cr | Sep 2023 ₹22 Cr | Dec 2023 ₹17 Cr | Mar 2024 ₹12 Cr | Jun 2024 ₹38 Cr | Sep 2024 ₹31 Cr | Dec 2024 ₹31 Cr | Mar 2025 ₹19 Cr | Jun 2025 ₹26 Cr | Sep 2025 ₹51 Cr | Dec 2025 ₹24 Cr | Mar 2026 ₹43 Cr | Jun 2026 —
- HAWKINCOOK: Sep 2021 ₹26 Cr | Dec 2021 ₹19 Cr | Mar 2022 ₹21 Cr | Jun 2022 ₹23 Cr | Sep 2022 ₹31 Cr | Dec 2022 ₹18 Cr | Mar 2023 ₹23 Cr | Jun 2023 ₹21 Cr | Sep 2023 ₹35 Cr | Dec 2023 ₹20 Cr | Mar 2024 ₹34 Cr | Jun 2024 ₹25 Cr | Sep 2024 ₹34 Cr | Dec 2024 ₹21 Cr | Mar 2025 ₹34 Cr | Jun 2025 ₹26 Cr | Sep 2025 ₹32 Cr | Dec 2025 ₹34 Cr | Mar 2026 ₹40 Cr | Jun 2026 ₹30 Cr
- BAJAJELEC: Sep 2021 ₹63 Cr | Dec 2021 ₹48 Cr | Mar 2022 ₹39 Cr | Jun 2022 ₹41 Cr | Sep 2022 ₹62 Cr | Dec 2022 ₹61 Cr | Mar 2023 ₹52 Cr | Jun 2023 ₹37 Cr | Sep 2023 ₹27 Cr | Dec 2023 ₹37 Cr | Mar 2024 ₹29 Cr | Jun 2024 ₹28 Cr | Sep 2024 ₹13 Cr | Dec 2024 ₹33 Cr | Mar 2025 ₹59 Cr | Jun 2025 ₹1 Cr | Sep 2025 ₹10 Cr | Dec 2025 ₹-34 Cr | Mar 2026 ₹-68 Cr | Jun 2026 —
- STOVEKRAFT: Sep 2021 ₹23 Cr | Dec 2021 ₹11 Cr | Mar 2022 ₹9 Cr | Jun 2022 ₹8 Cr | Sep 2022 ₹26 Cr | Dec 2022 ₹8 Cr | Mar 2023 ₹-6 Cr | Jun 2023 ₹8 Cr | Sep 2023 ₹17 Cr | Dec 2023 ₹7 Cr | Mar 2024 ₹3 Cr | Jun 2024 ₹8 Cr | Sep 2024 ₹17 Cr | Dec 2024 ₹12 Cr | Mar 2025 ₹1 Cr | Jun 2025 ₹10 Cr | Sep 2025 ₹21 Cr | Dec 2025 ₹4 Cr | Mar 2026 ₹6 Cr | Jun 2026 —
- BUTTERFLY: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 ₹12 Cr | Mar 2023 ₹2 Cr | Jun 2023 ₹15 Cr | Sep 2023 ₹15 Cr | Dec 2023 ₹-2 Cr | Mar 2024 ₹-20 Cr | Jun 2024 ₹3 Cr | Sep 2024 ₹13 Cr | Dec 2024 ₹8 Cr | Mar 2025 ₹9 Cr | Jun 2025 ₹6 Cr | Sep 2025 ₹17 Cr | Dec 2025 ₹11 Cr | Mar 2026 ₹11 Cr | Jun 2026 —

### 20-quarter Profit growth history
- TTKPRESTIG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 71% | Sep 2022 -19% | Dec 2022 -36% | Mar 2023 -28% | Jun 2023 -11% | Sep 2023 -30% | Dec 2023 6.9% | Mar 2024 -1.7% | Jun 2024 -13% | Sep 2024 -12% | Dec 2024 -8.1% | Mar 2025 -174% | Jun 2025 -37% | Sep 2025 21% | Dec 2025 -44% | Mar 2026 — | Jun 2026 127%
- IFBIND: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 -4.0% | Dec 2022 — | Mar 2023 — | Jun 2023 -150% | Sep 2023 -8.3% | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 41% | Dec 2024 82% | Mar 2025 58% | Jun 2025 -32% | Sep 2025 65% | Dec 2025 -23% | Mar 2026 126% | Jun 2026 —
- HAWKINCOOK: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 35% | Sep 2022 19% | Dec 2022 -5.3% | Mar 2023 9.5% | Jun 2023 -8.7% | Sep 2023 13% | Dec 2023 11% | Mar 2024 48% | Jun 2024 19% | Sep 2024 -2.9% | Dec 2024 5.0% | Mar 2025 0.0% | Jun 2025 4.0% | Sep 2025 -5.9% | Dec 2025 62% | Mar 2026 18% | Jun 2026 15%
- BAJAJELEC: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 -1.6% | Dec 2022 27% | Mar 2023 33% | Jun 2023 -9.8% | Sep 2023 -56% | Dec 2023 -39% | Mar 2024 -44% | Jun 2024 -24% | Sep 2024 -52% | Dec 2024 -11% | Mar 2025 103% | Jun 2025 -96% | Sep 2025 -23% | Dec 2025 -203% | Mar 2026 -215% | Jun 2026 —
- STOVEKRAFT: Sep 2021 — | Dec 2021 -67% | Mar 2022 -53% | Jun 2022 -43% | Sep 2022 13% | Dec 2022 -29% | Mar 2023 -167% | Jun 2023 2.5% | Sep 2023 -36% | Dec 2023 -13% | Mar 2024 — | Jun 2024 0.0% | Sep 2024 1.2% | Dec 2024 80% | Mar 2025 -45% | Jun 2025 27% | Sep 2025 28% | Dec 2025 -66% | Mar 2026 314% | Jun 2026 —
- BUTTERFLY: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 -117% | Mar 2024 -1,100% | Jun 2024 -80% | Sep 2024 -13% | Dec 2024 — | Mar 2025 — | Jun 2025 100% | Sep 2025 31% | Dec 2025 38% | Mar 2026 22% | Jun 2026 —

## Return On Capital Employed

What the numbers say: Hawkins Cookers Ltd leads ROCE at 40.9%, 9.1 percentage points above Stove Kraft Ltd. Butterfly Gandhimathi Appliances Ltd has the strongest latest improvement at +2.2 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

Investor read: Hawkins Cookers Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

Evidence: Hawkins Cookers Ltd · 40.9% | 28.6% versus #2 · Stove Kraft Ltd | 1/8 recent comparable periods | 6/6 companies · 89 observations

Definition: ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.

### ROCE — highest
1. Hawkins Cookers Ltd (HAWKINCOOK): 41%
2. Stove Kraft Ltd (STOVEKRAFT): 32%
3. IFB Industries Ltd (IFBIND): 20%
4. Butterfly Gandhimathi Appliances Ltd (BUTTERFLY): 17%
5. TTK Prestige Ltd (TTKPRESTIG): 12%

### ROCE change — fastest improvers
1. Butterfly Gandhimathi Appliances Ltd (BUTTERFLY): +2.2 pp
2. Stove Kraft Ltd (STOVEKRAFT): +1.6 pp
3. IFB Industries Ltd (IFBIND): +1.2 pp
4. TTK Prestige Ltd (TTKPRESTIG): 0.0 pp
5. Hawkins Cookers Ltd (HAWKINCOOK): −0.1 pp

### 20-quarter ROCE history
- TTKPRESTIG: Sep 2021 22% | Dec 2021 — | Mar 2022 21% | Jun 2022 — | Sep 2022 20% | Dec 2022 — | Mar 2023 15% | Jun 2023 — | Sep 2023 12% | Dec 2023 16% | Mar 2024 11% | Jun 2024 14% | Sep 2024 11% | Dec 2024 14% | Mar 2025 9.1% | Jun 2025 8.0% | Sep 2025 9.4% | Dec 2025 7.4% | Mar 2026 9.1% | Jun 2026 —
- IFBIND: Sep 2021 9.0% | Dec 2021 — | Mar 2022 -6.2% | Jun 2022 — | Sep 2022 0.6% | Dec 2022 — | Mar 2023 4.4% | Jun 2023 — | Sep 2023 4.2% | Dec 2023 8.4% | Mar 2024 9.8% | Jun 2024 16% | Sep 2024 14% | Dec 2024 12% | Mar 2025 15% | Jun 2025 17% | Sep 2025 15% | Dec 2025 15% | Mar 2026 16% | Jun 2026 —
- HAWKINCOOK: Sep 2021 58% | Dec 2021 — | Mar 2022 44% | Jun 2022 — | Sep 2022 47% | Dec 2022 — | Mar 2023 42% | Jun 2023 — | Sep 2023 42% | Dec 2023 47% | Mar 2024 40% | Jun 2024 48% | Sep 2024 40% | Dec 2024 48% | Mar 2025 35% | Jun 2025 42% | Sep 2025 36% | Dec 2025 46% | Mar 2026 35% | Jun 2026 —
- BAJAJELEC: Sep 2021 15% | Dec 2021 — | Mar 2022 12% | Jun 2022 — | Sep 2022 15% | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 9.9% | Dec 2023 16% | Mar 2024 7.9% | Jun 2024 12% | Sep 2024 6.9% | Dec 2024 12% | Mar 2025 9.5% | Jun 2025 11% | Sep 2025 7.7% | Dec 2025 5.4% | Mar 2026 2.0% | Jun 2026 —
- STOVEKRAFT: Sep 2021 30% | Dec 2021 — | Mar 2022 19% | Jun 2022 — | Sep 2022 17% | Dec 2022 — | Mar 2023 14% | Jun 2023 — | Sep 2023 10% | Dec 2023 12% | Mar 2024 12% | Jun 2024 14% | Sep 2024 12% | Dec 2024 14% | Mar 2025 12% | Jun 2025 14% | Sep 2025 15% | Dec 2025 13% | Mar 2026 14% | Jun 2026 —
- BUTTERFLY: Sep 2021 31% | Dec 2021 — | Mar 2022 17% | Jun 2022 — | Sep 2022 19% | Dec 2022 — | Mar 2023 27% | Jun 2023 — | Sep 2023 18% | Dec 2023 13% | Mar 2024 3.1% | Jun 2024 0.0% | Sep 2024 -2.1% | Dec 2024 3.7% | Mar 2025 13% | Jun 2025 17% | Sep 2025 15% | Dec 2025 18% | Mar 2026 15% | Jun 2026 —

### 20-quarter ROCE change history
- TTKPRESTIG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −2.1 pp | Dec 2022 — | Mar 2023 −6.5 pp | Jun 2023 — | Sep 2023 −8.8 pp | Dec 2023 — | Mar 2024 −3.9 pp | Jun 2024 — | Sep 2024 −0.7 pp | Dec 2024 −1.7 pp | Mar 2025 −1.6 pp | Jun 2025 −6.2 pp | Sep 2025 −1.4 pp | Dec 2025 −6.7 pp | Mar 2026 0.0 pp | Jun 2026 —
- IFBIND: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −8.4 pp | Dec 2022 — | Mar 2023 +10.6 pp | Jun 2023 — | Sep 2023 +3.6 pp | Dec 2023 — | Mar 2024 +5.4 pp | Jun 2024 — | Sep 2024 +9.6 pp | Dec 2024 +3.4 pp | Mar 2025 +4.8 pp | Jun 2025 +1.3 pp | Sep 2025 +0.7 pp | Dec 2025 +3.2 pp | Mar 2026 +1.2 pp | Jun 2026 —
- HAWKINCOOK: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −10.7 pp | Dec 2022 — | Mar 2023 −2.7 pp | Jun 2023 — | Sep 2023 −4.8 pp | Dec 2023 — | Mar 2024 −1.9 pp | Jun 2024 — | Sep 2024 −1.9 pp | Dec 2024 +1.3 pp | Mar 2025 −4.4 pp | Jun 2025 −5.6 pp | Sep 2025 −4.4 pp | Dec 2025 −2.3 pp | Mar 2026 −0.1 pp | Jun 2026 —
- BAJAJELEC: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +0.7 pp | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 −5.4 pp | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 −3.0 pp | Dec 2024 −4.5 pp | Mar 2025 +1.6 pp | Jun 2025 −0.7 pp | Sep 2025 +0.8 pp | Dec 2025 −6.3 pp | Mar 2026 −7.5 pp | Jun 2026 —
- STOVEKRAFT: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −13.0 pp | Dec 2022 — | Mar 2023 −4.6 pp | Jun 2023 — | Sep 2023 −6.7 pp | Dec 2023 — | Mar 2024 −1.7 pp | Jun 2024 — | Sep 2024 +2.0 pp | Dec 2024 +2.0 pp | Mar 2025 +0.1 pp | Jun 2025 −0.2 pp | Sep 2025 +3.0 pp | Dec 2025 −1.0 pp | Mar 2026 +1.6 pp | Jun 2026 —
- BUTTERFLY: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −12.4 pp | Dec 2022 — | Mar 2023 +10.5 pp | Jun 2023 — | Sep 2023 −0.5 pp | Dec 2023 — | Mar 2024 −24.0 pp | Jun 2024 — | Sep 2024 −20.1 pp | Dec 2024 −9.7 pp | Mar 2025 +9.6 pp | Jun 2025 +17.1 pp | Sep 2025 +16.7 pp | Dec 2025 +14.1 pp | Mar 2026 +2.2 pp | Jun 2026 —

## Valuation Against Growth & Quality

What the numbers say: Stove Kraft Ltd has the lowest comparable PEG at 0.72×, 62.3% below IFB Industries Ltd. Only 4 of 6 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

Evidence: Stove Kraft Ltd · 0.72× | 62.3% versus #2 · IFB Industries Ltd | 0/8 recent comparable periods | 4/6 companies · 29 observations

Definition: PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.

### PEG — lowest PEG
1. Stove Kraft Ltd (STOVEKRAFT): 0.7
2. IFB Industries Ltd (IFBIND): 1.9
3. Hawkins Cookers Ltd (HAWKINCOOK): 2.2
4. TTK Prestige Ltd (TTKPRESTIG): 5.3

### P/E — lowest P/E
1. Butterfly Gandhimathi Appliances Ltd (BUTTERFLY): 30.8
2. Stove Kraft Ltd (STOVEKRAFT): 31.7
3. Hawkins Cookers Ltd (HAWKINCOOK): 33.4
4. IFB Industries Ltd (IFBIND): 36.9
5. TTK Prestige Ltd (TTKPRESTIG): 42.5

### 20-quarter PEG history
- TTKPRESTIG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 1.1 | Sep 2022 1.5 | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 5.3 | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 —
- IFBIND: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 0.8 | Jun 2025 — | Sep 2025 3.0 | Dec 2025 1.8 | Mar 2026 1.9 | Jun 2026 —
- HAWKINCOOK: Sep 2021 0.9 | Dec 2021 0.8 | Mar 2022 1.0 | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 4.4 | Jun 2023 2.8 | Sep 2023 — | Dec 2023 — | Mar 2024 5.9 | Jun 2024 2.4 | Sep 2024 1.7 | Dec 2024 2.6 | Mar 2025 2.1 | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 3.2 | Jun 2026 2.2
- BAJAJELEC: Sep 2021 4.9 | Dec 2021 — | Mar 2022 1.8 | Jun 2022 — | Sep 2022 — | Dec 2022 2.4 | Mar 2023 1.5 | Jun 2023 1.1 | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 —
- STOVEKRAFT: Sep 2021 2.0 | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 1.2 | Mar 2025 — | Jun 2025 0.9 | Sep 2025 1.4 | Dec 2025 0.7 | Mar 2026 — | Jun 2026 —

### 20-quarter P/E history
- TTKPRESTIG: Sep 2021 48.0 | Dec 2021 46.5 | Mar 2022 39.3 | Jun 2022 37.0 | Sep 2022 40.6 | Dec 2022 36.1 | Mar 2023 35.3 | Jun 2023 40.9 | Sep 2023 43.6 | Dec 2023 45.8 | Mar 2024 40.6 | Jun 2024 47.7 | Sep 2024 53.6 | Dec 2024 51.8 | Mar 2025 38.6 | Jun 2025 51.9 | Sep 2025 57.9 | Dec 2025 53.0 | Mar 2026 39.3 | Jun 2026 43.6
- IFBIND: Sep 2021 74.2 | Dec 2021 76.4 | Mar 2022 73.0 | Jun 2022 -727.6 | Sep 2022 -676.4 | Dec 2022 — | Mar 2023 — | Jun 2023 220.2 | Sep 2023 294.2 | Dec 2023 373.7 | Mar 2024 214.8 | Jun 2024 131.8 | Sep 2024 82.6 | Dec 2024 77.7 | Mar 2025 48.1 | Jun 2025 52.9 | Sep 2025 64.6 | Dec 2025 51.3 | Mar 2026 29.6 | Jun 2026 —
- HAWKINCOOK: Sep 2021 35.9 | Dec 2021 35.3 | Mar 2022 32.2 | Jun 2022 31.6 | Sep 2022 33.9 | Dec 2022 35.1 | Mar 2023 34.9 | Jun 2023 35.7 | Sep 2023 39.6 | Dec 2023 41.4 | Mar 2024 32.6 | Jun 2024 37.9 | Sep 2024 40.3 | Dec 2024 42.4 | Mar 2025 33.3 | Jun 2025 37.5 | Sep 2025 40.1 | Dec 2025 38.9 | Mar 2026 31.9 | Jun 2026 32.3
- BAJAJELEC: Sep 2021 82.9 | Dec 2021 68.9 | Mar 2022 71.9 | Jun 2022 70.3 | Sep 2022 62.5 | Dec 2022 64.0 | Mar 2023 53.5 | Jun 2023 61.5 | Sep 2023 59.6 | Dec 2023 61.7 | Mar 2024 65.5 | Jun 2024 89.5 | Sep 2024 89.4 | Dec 2024 81.1 | Mar 2025 60.4 | Jun 2025 67.6 | Sep 2025 65.6 | Dec 2025 60.2 | Mar 2026 107.7 | Jun 2026 —
- STOVEKRAFT: Sep 2021 38.1 | Dec 2021 38.9 | Mar 2022 25.3 | Jun 2022 20.3 | Sep 2022 26.0 | Dec 2022 20.3 | Mar 2023 15.0 | Jun 2023 17.4 | Sep 2023 21.9 | Dec 2023 18.0 | Mar 2024 16.8 | Jun 2024 23.8 | Sep 2024 35.9 | Dec 2024 34.0 | Mar 2025 28.2 | Jun 2025 23.5 | Sep 2025 26.8 | Dec 2025 23.1 | Mar 2026 19.1 | Jun 2026 —
- BUTTERFLY: Sep 2021 37.1 | Dec 2021 38.1 | Mar 2022 55.7 | Jun 2022 95.9 | Sep 2022 86.1 | Dec 2022 80.8 | Mar 2023 58.0 | Jun 2023 39.3 | Sep 2023 42.6 | Dec 2023 43.6 | Mar 2024 47.5 | Jun 2024 195.8 | Sep 2024 192.4 | Dec 2024 382.3 | Mar 2025 182.4 | Jun 2025 40.5 | Sep 2025 34.1 | Dec 2025 29.0 | Mar 2026 24.6 | Jun 2026 —


## What can make this comparison misleading?
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- 1 company draws at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; it is marked unverified wherever that figure appears.

## Every company
- TTK Prestige Ltd (TTKPRESTIG) — market value ₹8.8K Cr; latest fundamentals Jun 2026
- IFB Industries Ltd (IFBIND) — market value ₹5.3K Cr; latest fundamentals Mar 2026
- Hawkins Cookers Ltd (HAWKINCOOK) — market value ₹4.5K Cr; latest fundamentals Jun 2026
- Bajaj Electricals Ltd (BAJAJELEC) — market value ₹3.8K Cr; latest fundamentals Mar 2026
- Stove Kraft Ltd (STOVEKRAFT) — market value ₹2.6K Cr; latest fundamentals Mar 2026
- Butterfly Gandhimathi Appliances Ltd (BUTTERFLY) — market value ₹1.3K Cr; latest fundamentals Mar 2026; includes UNVERIFIED second-feed figures

## Source standing of each company

Cross-checked: 5. Unverified: 1. Withheld: 0. Graded companies: 6.

1 of 6 companies draws at least one figure from a second data feed that could not be cross-checked against the primary source, because the two do not share enough reported history to compare. Those figures are marked unverified wherever they appear.

- UNVERIFIED | BUTTERFLY | Butterfly Gandhimathi Appliances Ltd | too little overlapping reported history to cross-check the second feed

## Methodology and freshness

Fundamentals through Jun 2026; prices through 2026-07-31.
Up to 20 quarters per company. Reported history is normalized to Indian rupees crore. Missing values are not interpolated. Derived metrics are calculated only when their inputs are comparable.

## Frequently asked questions

### Is the Domestic Appliances sector outperforming NIFTY 500?

Domestic Appliances has underperformed NIFTY 500 by 12.7% over 52 weeks and 15.4% over 13 weeks. 4 of 6 covered companies beat NIFTY on Mansfield relative strength, while 3 of 6 beat the sector itself.

### Which Domestic Appliances company is largest by revenue?

IFB Industries Ltd leads with revenue of ₹5,619 crore, based on 6 of 6 comparable companies through Mar 2026.

### Which Domestic Appliances company is growing fastest?

Hawkins Cookers Ltd has the fastest current revenue growth at 18%, across 6 of 6 comparable companies.

### Which Domestic Appliances company has the strongest 4-Factor Sector Score?

Butterfly Gandhimathi Appliances Ltd ranks first at 63/100 with 82.8% evidence confidence. The score prioritizes research; it is not a buy recommendation.

### Which Domestic Appliances company has the lowest comparable PEG?

Stove Kraft Ltd has the lowest comparable PEG at 0.72, among 4 of 6 companies whose earnings and growth are steady enough for the ratio to mean anything.

### How much history does this Domestic Appliances comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

### How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

### What is the Nifty Domestic Appliances index?

The Nifty Domestic Appliances index tracks India's listed Domestic Appliances companies as a single basket. This page follows the same 6 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Domestic Appliances sector rather than to its largest constituent. Figures are as of Jun 2026.

### Which are the best Domestic Appliances stocks in India?

Ranked by this page's four-factor score, Butterfly Gandhimathi Appliances Ltd places first among 6 listed Domestic Appliances companies, followed by Hawkins Cookers Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

### How many Domestic Appliances stocks are listed in India?

This comparison covers 6 listed Domestic Appliances companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.

### Which Domestic Appliances company is the biggest?

IFB Industries Ltd is the largest, with trailing-twelve-month revenue of ₹5,619 crore, ahead of Bajaj Electricals Ltd at ₹4,463 crore. That covers 6 of 6 companies with comparable reporting through Mar 2026.

### Which Domestic Appliances company has the best profit margins?

Hawkins Cookers Ltd has the highest operating margin at 13%, from 6 of 6 comparable companies. TTK Prestige Ltd shows the biggest recent improvement, at +3 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

### Which Domestic Appliances company makes the most profit?

TTK Prestige Ltd earns the most, at ₹190 crore of trailing-twelve-month net profit, from 6 of 6 comparable companies. TTK Prestige Ltd has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.

### Which Domestic Appliances company earns the highest return on capital?

Hawkins Cookers Ltd leads on return on capital employed at 40.9%, across 6 of 6 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

### Which Domestic Appliances stock is the cheapest?

On PEG — where a LOWER number is cheaper — Stove Kraft Ltd screens cheapest at 0.72×. Only 4 of 6 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

### Is the Domestic Appliances sector beating the market?

Domestic Appliances has underperformed NIFTY 500 by 12.7% over the last 52 weeks and 15.4% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 4 of 6 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

### Which Domestic Appliances stock has the strongest price momentum?

Stove Kraft Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

### Which Domestic Appliances company scores highest for research priority?

Butterfly Gandhimathi Appliances Ltd scores 63 out of 100 with 82.8% evidence confidence, from 22.8 points on growth and earnings, 12.8 on capital efficiency, 13.3 on valuation and 14.1 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

### How many Domestic Appliances companies does this comparison cover, and over what period?

It compares 6 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

### What is the total market cap of the Domestic Appliances sector?

The 6 Domestic Appliances companies on this page carry ₹26,347 crore of combined market value. TTK Prestige Ltd is the largest at ₹8,788 crore, about 33% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-05.

### What is the Domestic Appliances sector's P/E ratio?

The median price-to-earnings ratio across the 6 Domestic Appliances companies on this page is 33.4×, measured on the 5 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-08-05.

### How is the Domestic Appliances sector performing?

4 of the 6 covered Domestic Appliances companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 12.7% behind NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-05.

### Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

### Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.