Company type | Public company |
---|---|
BSE: 508486 | |
Industry | Consumer Product Manufacturers |
Founded | 1959 as Pressure Cookers and Appliances Ltd. Changed to Hawkins Cookers Ltd in 1986. [1] |
Founder | H. D. Vasudeva [2] in partnership with L. G. Hawkins & Co. Ltd. (founded in 1921 by Lawrence George Hawkins [3] ) |
Headquarters | Mumbai, Maharashtra, India |
Key people | |
Products | Pressure Cookers, Futura Cookware |
Brands | Hawkins |
Services | Utensils |
Revenue | ₹4.57 billion (US$55 million) [5] |
₹570 million (US$6.8 million) | |
₹382.8 million (US$4.6 million) | |
Total assets | ₹1.695 billion (US$20 million) |
Total equity | ₹548 million (US$6.6 million) |
Number of employees | 969 [5] |
Website | www |
Hawkins Cookers Limited Inc and formerly known as Pressure Cookers and Appliances Ltd, [1] is an Indian company which manufactures pressure cookers and cookware. [6] The company is based in Mumbai and has three manufacturing plants at Thane, Hoshiarpur and Jaunpur. It manufactures under brand names of Hawkins, Futura, Contura, Hevibase, Big Boy, Miss Mary and Ventura. Hawkins is one of the largest pressure cooker manufacturers in India and exports its products to more than 65 countries. [7]
Hawkins Cookers was started in 1959 by H. D. Vasudeva as Pressure Cookers and Appliances Ltd, in technical collaboration with L G Hawkins & Co Ltd of England. [8] L G Hawkins and Company Limited was founded by Leonard George Hawkins in 1913 and manufactured home appliances. [9] [10]
The company was initially known as Pressure Cookers and Appliances Ltd and manufactured and marketed of Hawkins pressure cooker under agreement with L G Hawkins & Co Ltd of England. In 1986, the company acquired the present name. [1]
L G Hawkins and Company Limited was bought by Pye Ltd. in 1939. [9] [11] In 1962, Pye acquired Ekco & Co Ltd and L G Hawkins was merged with similar Ekco activities to form Ekco Hawkins and later Ekco Hastings. [9] Pye was later acquired by Philips in 1986. [12] Ekco-Hawkins later became Philips Small Domestic Appliances Product Division and products were rebadged as Philips, but was closed down in the late 1998, due to overseas competition and Philips global rationalization. [10] The Hawkins Universal trademark was acquired by Hawkins Cookers Ltd in 1986 [13] [14] and company name was changed from Pressure Cookers & Appliances Ltd to Hawkins Cookers Ltd. [1] [14]
The company is traded on the Bombay Stock Exchange under the symbol HWKN. It has raised funds through "fixed deposits", a term for high-interest term deposits issued by industrial companies rather than banks.
Hawkins has sold over 110 million pressure cookers worldwide. Today, it makes 88 different models of pressure cookers in 13 different types. All Hawkins pressure cookers are listed by Underwriters Laboratories Inc., USA, an independent institution testing products for public safety. Hawkins pressure cookers feature an inside-fitting lid, which cannot be opened until the steam pressure inside the cooker falls to a safe level. Hawkins was listed as India's most trusted kitchen appliances brand by The Brand Trust Report 2015. [15]
Koninklijke Philips N.V., commonly shortened to Philips, is a Dutch multinational conglomerate corporation that was founded in Eindhoven in 1891. Since 1997, its world headquarters have been situated in Amsterdam, though the Benelux headquarters is still in Eindhoven. The company gained its royal honorary title in 1998.
Electrolux AB is a Swedish multinational home appliance manufacturer, headquartered in Stockholm. It is consistently ranked the world's second largest appliance maker by units sold, after Whirlpool.
LG Electronics Inc. is a South Korean multinational major appliance and consumer electronics corporation headquartered in Yeouido-dong, Seoul, South Korea. LG Electronics is a part of LG Corporation, the fourth largest chaebol in South Korea, and often considered as the pinnacle of LG Corp with the group's chemical and battery division LG Chem. It comprises four business units: home entertainment, mobility, home appliances & air solutions, and business solutions. LG Electronics acquired Zenith in 1995 and is the largest shareholder of LG Display, the world's largest display company by revenue in 2020. LG Electronics is also the world's second largest television manufacturer behind Samsung Electronics. The company has 128 operations worldwide, employing 83,000 people.
A teasmade is a machine for making tea automatically, which was once common in the United Kingdom and some Commonwealth countries. Teasmades generally include an analogue alarm clock and are designed to be used at the bedside, to ensure tea is ready first thing in the morning. Although crude versions existed in Victorian times, they only became practical with the availability of electric versions in the 1930s. They reached their peak in popularity in the 1960s and 1970s. Since then their use has declined, but they started to boast a partial revival in the 2000s, partly as a novelty retro item.
Pye Ltd was an electronics company founded in 1896 in Cambridge, England, as a manufacturer of scientific instruments. The company merged with EKCO in 1960. Philips of the Netherlands acquired a majority shareholding in 1967, and later gained full ownership.
Arçelik A.Ş. is a Turkish multinational household appliances manufacturer.
Corelle Brands, LLC is an American kitchenware products maker and distributor based in Downers Grove, Illinois.
AGA Rangemaster is a British manufacturer of range cookers, kitchen appliances, and interior furnishings owned by Middleby Corporation in September 2015 after it received a takeover approach from Whirlpool. It employs just over 2,500 people worldwide. AGA stands for Aktiebolaget Gas Accumulator.
Versuni is a privately-owned Dutch company, headquartered in Amsterdam, which produces consumer electronics and small appliances. Formerly a subsidiary of Dutch electronics conglomerate Philips, it was sold to Chinese private equity firm Hillhouse Investment in 2021. Versuni sells their products under the Philips brand name, as well as under the brands Preethi, Gaggia and Saeco, Senseo and L'Or.
Breville Group Limited, or simply Breville, is an Australian multinational manufacturer and marketer of home appliances, headquartered in Alexandria, an inner suburb of Sydney, New South Wales, Australia. The company's brands include Breville, Sage, Kambrook, Baratza, and LELIT. Breville markets its products worldwide using its namesake Breville brand, except in the UK and Europe, where the Sage brand is used.
EKCO was a British electronics company founded by Eric Kirkham Cole CBE in Southend-on-Sea during 1924. The company started out by making radio sets, before progressing onto television sets and lighting. The company's knowledge of radio saw it expand into developing radar before and during World War II. The company expanded into making its own plastic bodies for radio sets, with EKCO Plastics later becoming a manufacturer of domestic wares. The company merged in 1960 with Pye to become British Electronic Industries Ltd, which was purchased by Dutch firm Philips in 1967, with the EKCO brand disappearing from brown goods during the 1970s.
Havells India Limited is an Indian multinational electrical equipment company, based in Noida. The company manufactures home appliances, lighting for domestic, commercial and industrial applications, LED lighting, fans, modular switches and wiring accessories, water heaters, industrial and domestic circuit protection switchgear, industrial and domestic cables and wires, induction motors, and capacitors among others. Havells owns brands like Havells, Lloyd, Crabtree, Standard Electric, Reo and Promptec.
Dynatron Radio Ltd was the trade name used by H.Hacker & Sons for their wireless products. The firm started trading in 1927 and operated independently until being bought by Ekco in 1955. The rights to the Dynatron name are currently held by Roberts Radio. Dynatron was also a successful business with making record players; most of them were made in the sixties and seventies. Priced in the pro-sumer market sector, the average household would have had to save the equivalent of three weeks salary to buy one.
Bulpitt & Sons Ltd was an electrical goods manufacturer and limited company in Birmingham, England, established as a brass founder in the late 19th century.
Tube Investments of India Limited is an Indian engineering and manufacturing company that specializes in bicycles, metal formed products, and chains. It is based in Chennai and a part of Murugappa Group. It was incorporated as TI Cycles of India Limited in 1949, as a joint venture company.
Danby is the brand name of a line of appliances marketed by Danby Appliances Inc. and Danby Appliances Ltd., led by President and CEO Jim Estill. Danby specializes in designing, manufacturing, and distributing small appliances through national and independent retailers in Canada, the US, UK, and Mexico. It is a privately held Canadian and US company headquartered in Guelph, Ontario, and Findlay, Ohio. While the company is well-established in Canada, more than half of its sales are outside the country. The company has additional locations in Tolleson, Arizona; Saraland, Alabama; and Foxboro, Massachusetts, as well as a location in Guangzhou, China. It is affiliated with manufacturers in China, Mexico, Turkey, Thailand, India and the United States.
LG Corporation, formerly known as Lucky-Goldstar, is a South Korean multinational conglomerate founded by Koo In-hwoi and managed by successive generations of his family. It is the fourth-largest chaebol in South Korea. Its headquarters are in the LG Twin Towers building in Yeouido-dong, Yeongdeungpo District, Seoul. LG makes electronics, chemicals, household appliances, and telecommunications products and operates subsidiaries such as LG Electronics, Zenith, LG Display, LG Uplus, LG Innotek, LG Chem, and LG Energy Solution in over 80 countries. According to the “Top 500 Global Brands” released by British consulting firm Brand finance, LG's brand value ranking rose from 90th to 83rd from the previous year.
TTK Prestige Limited is an Indian company that manufactures kitchen appliances and cookware, under the "Prestige" and "Judge" brand. The company is best known for its pressure cookers.
Instant Pot is a brand of multicookers manufactured by Instant Pot Brands. The multicookers are electronically controlled, combined pressure cookers and slow cookers.
L G Hawkins & Co Ltd was an England based company which manufactured small electrical domestic appliances. The company was founded by Leonard George Hawkins in 1913 in London. Initially Leonard George Hawkins imported domestic electrical products from the USA under the ‘Universal’ brand name.