Hawkins Cookers Limited
7,510.40
INR
-114.45
(-1.50%)
Hawkins Cookers Limited
BSE:HAWKINCOOK
(Bombay Stock Exchange)
Recent
price
7,510.40
P/E
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div
yld
- -
ROIC.AI
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- Hawkins Cookers Limited Hawkins Cookers Limited manufactures pressure cookers and cookware in India. The company offers an extensive range of pressure cookers in approximately 88 models across 13 types, including Hawkins Classic, Futura, Contura, Instaa, Hevibase, Ceramic Nonstick, Miss Mary, Big Boy, and Ventura; it also provides cookware such as stainless steel tri-ply products, anodized nonstick items, cast iron tavas, and cooking accessories; additionally, Hawkins Cookers Limited sells electrical appliances like the Futura Smart Electronic Kettle and offers cooking sets under its primary Hawkins and Futura brands. Founded in 1959 as Pressure Cookers and Appliances Ltd in technical collaboration with L G Hawkins & Co Ltd of England and renamed Hawkins Cookers Limited in 1986, the company maintains its headquarters in Mumbai, Maharashtra, with three manufacturing plants in Thane, Hoshiarpur, and Jaunpur. Hawkins Cookers Limited operates primarily in the Indian kitchenware market, serving household consumers through retail channels, and exports to over 65 countries. In recent developments, the company launched 55 to 58 new products in fiscal year 2023-24 at a rate of nearly one per week, including innovations in design, quality improvements, and cost reductions; it commenced commercial operations at a new factory and reported record-high sales of Rs.1,024 crores and profit after tax of Rs.110 crores for the year; further, Hawkins Cookers Limited reappointed key executives including Tej Paul Sharma as Executive Director-Sales and Neil Vasudeva as Executive Director-Marketing for three-year terms effective October 1, 2023, appointed new independent directors Shyamak Ramyar Tata and Sanjay Khatau Asher effective February 1, 2024, and proposed a final dividend of Rs.120 per share. Hawkins Cookers Limited emphasizes research and development with a DSIR-recognized unit, investing Rs.7.68 crores in 2023-24 on materials, processes, and new product introductions, holding 130 valid patents and designs; it maintains strong financial health with net worth growing to Rs.305 crores and cash reserves of Rs.183 crores as of March 31, 2024.