NSE: BUTTERFLY · BSE: 517421 · ISIN INE295F01017
Butterfly Gandhimathi Appliances Limited stock analysis
Butterfly Gandhimathi Appliances Limited ranks #1840 in the TickerSutra evidence-ranked universe with a score of 50/100 and 95% data confidence. The latest captured fundamentals show ROCE of 16.8%, quarterly sales growth of 14.1% and quarterly profit growth of 38.3%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Low debt/equity of 0.02×
- Strong CFO/EBITDA of 1.09×
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- No calculated threshold risk in the current snapshot.
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹960cr | ₹59cr | ₹16cr | 6.0% |
| 2023 | ₹1,057cr | ₹97cr | ₹52cr | 9.0% |
| 2024 | ₹931cr | ₹28cr | ₹7cr | 3.0% |
| 2025 | ₹865cr | ₹66cr | ₹33cr | 8.0% |
| 2026 | ₹943cr | ₹81cr | ₹46cr | 9.0% |
| TTM | ₹970cr | ₹82cr | ₹48cr | 9.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
MANAGEMENT COMMENTARY
Signals from filed documents
State of the affairs of the Company Against a macro backdrop where the Indian economy preserved overall momentum, the Company recorded consistent growth across all quarters, driven by the innovation-led 'Idea First Series' launch and targeted market initiatives. All core categories achieved growth, while both retail and online channels expanded steadily, positioning the Company for continued revenue and margin improv
During the year, we achieved India’s first five-star certification for cooktops, reflecting our focus on combining performance with responsible energy consumption. Manufacturing and Innovation 12 Lakh → 18 Lakh Planned cooker capacity expansion Building Capacity for the Next Phase With plant consolidation completed and manufacturing optimisation underway, our next phase focuses on automation and capacity readiness. O
In September 2025, a GST rationalisation simplified the tax structure and reduced the rate on smaller appliances, such as pressure cookers, from 12% to 5%, improving affordability and supporting demand. However, elevated global commodity prices, a weakening rupee, and geopolitical tensions increased input costs, pressured margins, and led to gradual price increases in Q4. The government's focus on capital expenditure
During the year, we improved planning visibility, embedded quality across processes and strengthened coordination across operations. Prioritising consumer-centric product innovation, we strive to translate ideas into differentiated products and scalable manufacturing outcomes. J100+ Crore Monthly production sustained during peak months 19 Annual Report 2025-2618 Butterfly Gandhimathi Appliances Limited Corporate Over
On the channel front, offline sales grew 4%, driven by double-digit momentum in LFRs. Online also grew in double digits, aided by entry into q -commerce and market-share gains across core categories, while alternate channels continued to deliver robust performance. All core categories grew by double digit and auxiliary categories saw re-bound with Chimney and Flask launch.
Designed to make service faster, smarter and more customer-centric, Butterfly Assist+ reflects our belief that trust is built not only through product performance, but also through how we respond when customers need us most. 2 Empowered customer experience Focuses on transparency, self- service and informed ownership through tools such as e-manuals, FAQs, how-to and installation videos, product registration and feedb
1 Head office 11 Branches 22,000 Retail outlets 448+ Distributors International Revenue Division (%) 73 10 9 62 MENA Asia-Pacific SAARC Europe & UKNorth America Our Presence We are among the top three brands in the kitchen and small domestic appliances segment in India, with a strong legacy in South India and a steadily growing presence across the country. Alongside strengthening our footprint in India, we are also e
• Channel fragmentation and promotional intensity on online marketplaces compressing margins and increasing volatility. • Regulatory requirements (energy labelling, safety, environmental norms) and supply chain volatility increasing compliance cost and lead times. Global Economy The global economy remained broadly stable in FY 2025–26, but growth was slow due to shifting trade policies, geopolitical tensions and unev
The RPTs entered into during the previous quarter are reviewed in subsequent quarter. RPTs in which directors are concerned or interested are additionally pre-approved by the Board of Directors and the interested director abstain from discussion and voting when such transaction is being considered. During the financial year, the Company did not enter into any material RPT and there was no material significant transac
Terms of reference for Stakeholders’ Relationship Committee The terms of reference of the SRC inter alia includes: • Resolving the grievances of the security holders including complaints related to transfer/ transmission of shares, non-receipt of annual report, non-receipt of declared dividends, issue of new/ duplicate certificates, general meetings, etc.; • Review adherence to service standards and standard operatin
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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