Butterfly Gandhimathi Appliances Limited
NSE: BUTTERFLYHousehold Appliances
Share price
₹538.30
-1.23% close of 8 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 8 Oct 2026.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
70
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹969 Cr
P/E ratio
20.1
P/B ratio
2.6
ROCE
16.8%
ROE
13.2%
Dividend yield
0.0%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Sales grew 11.4% over the past year, and 15.6% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 5.2% to 8.4% over the last four years.
Whether it grew faster than its sector
It grew 15.6% a year against a sector median of 11.3% — 4.3 percentage points faster.
Room to re-rate, or risk of de-rating
At 20.1× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 58.8×, across 5 companies. It is against its own five-year median of 41.8×, the 0th percentile of its own range.
Whether growth justifies the valuation
Its earnings are falling, so growth cannot justify the price.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Butterfly Gandhimathi Appliances Limited — this one | -7%/yr | 20.1× | — |
| Voltas Limited | 17%/yr | 72.9× | ₹4.3 |
| Blue Star Limited | 27%/yr | 58.8× | ₹2.2 |
| Amber Enterprises India Limited | 8%/yr | 111.9× | ₹14.0 |
| Crompton Greaves Consumer Electricals Limited | -10%/yr | 29.2× | — |
| V-Guard Industries Limited | 20%/yr | 33.9× | ₹1.7 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Household Appliances), it ranks 9 of 21 on returns, 8 of 21 on growth, 9 of 21 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A narrow advantage: it earns 16.8% on capital, ahead of 57% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
Yes — Over the last five years it made ₹260 crore of cash from the business, spent ₹64 crore on plant and equipment, and returned ₹80 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 433 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
9 of 9 checks clear · 100%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Announced 3 Aug 2026 · Standalone · Unaudited
Revenue
₹214 Cr
Revenue vs last year
+14.1%
Revenue vs last quarter
-2.0%
Net profit
₹9 Cr
Profit vs last year
+38.2%
Profit vs last quarter
-22.3%
Net margin
4.2%
EPS
₹4.97
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹969 Cr
- Prev close
- ₹538.30
- 52w High
- ₹824
- 52w Low
- ₹522
- Enterprise value
- ₹972 Cr
- Beta
- 0.4
- Price CAGR 1y
- -22.0%
- Price CAGR 3y
- -24.0%
- Price CAGR 5y
- -12.0%
- Price CAGR 10y
- 10.0%
Ratios
- Return on assets
- 8.2%
- PEG ratio
- -2.8
- P/E ratio
- 20.1
- P/B ratio
- 2.6
- EV / EBITDA
- 12.0
- Industry P/E
- 33.9
- ROCE
- 16.8%
- ROCE 5y average
- 16.8%
- ROE
- 13.2%
- Debt / Equity
- 0.0
- Interest coverage
- 31.5
- Dividend yield
- 0.0%
- ROE 3y average
- 8.0%
- ROE last year
- 12.0%
Annual P&L
- Annual revenue
- ₹943 Cr
- Annual profit
- ₹46 Cr
- Operating margin
- 9.0%
- Net profit margin
- 4.9%
- EBITDA margin
- 8.6%
- Sales growth 3y
- -3.7%
- Sales growth 5y
- 1.8%
- Profit growth 3y
- -7.0%
- Profit growth 5y
- 3.0%
- EPS
- ₹25.5
- Sales growth TTM
- 11.0%
- Profit growth TTM
- 35.0%
- Dividend payout
- 0.0%
Quarter P&L
- Sales latest quarter
- ₹214 Cr
- Profit latest quarter
- ₹9 Cr
- YoY quarterly sales growth
- 14.1%
- YoY quarterly profit growth
- 38.3%
- OPM latest quarter
- 7.0%
Balance Sheet
- Book Value
- ₹207
- Face Value
- ₹10.0
- Total debt
- ₹8 Cr
- Total cash
- ₹14 Cr
- Borrowings
- ₹8 Cr
- Reserves / Equity
- 19.7
Cash Flow
- Operating cash flow
- ₹88 Cr
- Free cash flow
- ₹76 Cr
- FCF yield
- 7.7%
- Net cash flow
- ₹3 Cr
Shareholding
- Promoter holding
- 75.0%
- FII holding
- 0.0%
- DII holding
- 0.4%
- Public holding
- 24.6%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| LG Electronics | 1,780.30 | 66.3 | 1,20,890 | 0.00 | 652.9 | 27.2 | 7,233.4 | 15.5 | 32.3 |
| Voltas | 1,056.80 | 74.8 | 34,945 | 0.38 | 212.8 | 52.2 | 4,673.5 | 18.7 | 9.0 |
| Blue Star | 1,530.10 | 59.7 | 31,610 | 0.56 | 102.5 | -21.0 | 3,377.9 | 13.3 | 21.2 |
| Amber Enterp. | 6,925.00 | 118.5 | 24,455 | 0.00 | 3.1 | -3.4 | 3,887.7 | 12.7 | 10.3 |
| Crompton Gr. Con | 210.70 | 29.8 | 13,547 | 1.42 | 140.3 | 12.1 | 2,022.5 | 11.2 | 19.0 |
| V-Guard Industri | 302.15 | 34.7 | 13,199 | 0.50 | 130.3 | 76.4 | 1,810.7 | 23.5 | 18.4 |
| Whirlpool India | 845.50 | 39.3 | 10,725 | 0.59 | 102.9 | -29.4 | 2,726.8 | 12.1 | 10.7 |
| Butterfly Gan Ap | 545.00 | 19.8 | 976 | 0.00 | 8.9 | 38.3 | 213.9 | 14.1 | 16.8 |
| Median | 517.85 | 34.5 | 3,828 | 0.38 | 32.1 | 29.3 | 886.0 | 17.1 | 10.9 |
Competes with: Amber Enterprises India Limited, Blue Star Limited, Crompton Greaves Consumer Electricals Limited, LG Electronics India Limited, V-Guard Industries Limited, Voltas Limited, Whirlpool of India Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 219 | 308 | 238 | 166 | 182 | 258 | 238 | 187 | 187 | 293 | 245 | 218 | 214 |
| Expenses | 199 | 283 | 236 | 186 | 173 | 235 | 221 | 171 | 175 | 265 | 224 | 199 | 199 |
| Material Cost | 84 | 100 | 141 | 132 | 112 | 130 | |||||||
| Change in Inventories | 10 | -8.93 | 5.63 | -15 | -9.33 | -38 | |||||||
| Purchases of Stock-in-Trade | 20 | 19 | 35 | 33 | 32 | 34 | |||||||
| Employee Cost | 23 | 27 | 31 | 32 | 31 | 32 | |||||||
| Other Expenses | 34 | 37 | 52 | 43 | 33 | 41 | |||||||
| Operating Profit | 20 | 25 | 2.36 | -20 | 9.18 | 23 | 17 | 16 | 13 | 28 | 20 | 20 | 15 |
| OPM % | 8.99 | 8.15 | 0.99 | -12 | 5.05 | 8.87 | 7.24 | 8.70 | 6.84 | 9.48 | 8.24 | 8.95 | 7.03 |
| Other Income | 1.11 | 1.29 | 1.38 | -1.04 | 2.04 | 1.63 | 0.93 | 2.06 | 1.92 | 1.33 | 0.83 | 2.64 | 3.20 |
| Exceptional items (within Other Income) | 0 | 0 | 0 | -1.59 | 0 | 0 | |||||||
| Interest | 1.34 | 1.79 | 1.93 | 1.37 | 1.57 | 1.52 | 1.13 | 0.97 | 0.72 | 0.45 | 0.33 | 0.29 | 0.21 |
| Depreciation | 3.80 | 5.13 | 4.59 | 4.54 | 6.13 | 6.08 | 5.52 | 5.37 | 5.34 | 5.95 | 6.15 | 6.51 | 6.09 |
| Profit before tax | 16 | 19 | -2.78 | -27 | 3.52 | 17 | 12 | 12 | 8.67 | 23 | 15 | 15 | 12 |
| Tax % | 5.94 | 25 | -22 | -26 | 28 | 25 | 28 | 25 | 26 | 25 | 26 | 26 | 25 |
| Net Profit | 15 | 15 | -2.16 | -20 | 2.52 | 13 | 8.31 | 9.03 | 6.43 | 17 | 11 | 11 | 8.89 |
| EPS in Rs | 8.24 | 8.16 | -1.21 | -11 | 1.41 | 7.09 | 4.65 | 5.05 | 3.60 | 9.51 | 6.02 | 6.40 | 4.97 |
| Diluted EPS in Rs | 5.05 | 3.60 | 9.51 | 6.02 | 6.40 | 4.97 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 526 | 898 | 401 | 538 | 650 | 676 | 862 | 960 | 1,057 | 931 | 865 | 943 | 970 |
| Expenses | 487 | 838 | 421 | 504 | 605 | 636 | 782 | 901 | 959 | 903 | 799 | 863 | 887 |
| Material Cost | 443 | 486 | |||||||||||
| Change in Inventories | 20 | -28 | |||||||||||
| Purchases of Stock-in-Trade | 79 | 120 | |||||||||||
| Employee Cost | 104 | 119 | |||||||||||
| Other Expenses | 154 | 166 | |||||||||||
| Operating Profit | 40 | 60 | -20 | 35 | 46 | 41 | 80 | 59 | 97 | 28 | 66 | 81 | 82 |
| OPM % | 8 | 7 | -4.90 | 6 | 7 | 6 | 9 | 6 | 9 | 3 | 8 | 9 | 9 |
| Other Income | 4 | 5 | 2 | 2 | 2 | 1 | 2 | -5 | 7 | 3 | 6 | 7 | 8 |
| Exceptional items (within Other Income) | 0 | -1.59 | |||||||||||
| Interest | 30 | 34 | 23 | 18 | 22 | 24 | 17 | 14 | 7 | 7 | 6 | 1.79 | 1 |
| Depreciation | 10 | 12 | 12 | 12 | 13 | 14 | 16 | 15 | 16 | 18 | 23 | 24 | 25 |
| Profit before tax | 4 | 19 | -53 | 6 | 12 | 4 | 48 | 25 | 80 | 6 | 44 | 61 | 65 |
| Tax % | 33 | 35 | -3 | 18 | 23 | 4 | 25 | 35 | 36 | -31 | 26 | 26 | |
| Net Profit | 3 | 12 | -52 | 5 | 10 | 4 | 36 | 16 | 52 | 7 | 33 | 46 | 48 |
| EPS in Rs | 1.58 | 6.93 | -29 | 2.69 | 5.35 | 2.23 | 20 | 9.02 | 29 | 4.13 | 18 | 26 | 27 |
| Diluted EPS in Rs | 18 | 26 | |||||||||||
| Dividend Payout % | 0 | 18 | 0 | 0 | 0 | 0 | 15 | 33 | 0 | 0 | 0 | 0 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- 0%
- 5 years
- 2%
- 3 years
- -4%
- TTM
- 11%
Compounded profit growth
- 10 years
- 13%
- 5 years
- 3%
- 3 years
- -7%
- TTM
- 35%
Stock price CAGR
- 10 years
- 10%
- 5 years
- -12%
- 3 years
- -24%
- 1 year
- -22%
Return on equity
- 10 years
- 6%
- 5 years
- 11%
- 3 years
- 8%
- Last year
- 12%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
| Reserves | 208 | 217 | 157 | 162 | 172 | 175 | 206 | 217 | 268 | 274 | 307 | 354 |
| Borrowings | 190 | 205 | 158 | 208 | 154 | 170 | 29 | 53 | 5 | 4 | 12 | 8 |
| Other Liabilities | 153 | 147 | 85 | 79 | 121 | 129 | 235 | 230 | 212 | 195 | 132 | 179 |
| Total Liabilities | 569 | 587 | 418 | 468 | 464 | 492 | 489 | 518 | 503 | 491 | 470 | 559 |
| Fixed Assets | 172 | 170 | 167 | 166 | 167 | 169 | 163 | 164 | 163 | 157 | 151 | 149 |
| CWIP | 3 | 3 | 4 | 2 | 7 | 3 | 3 | 6 | 4 | 8 | 12 | 4 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32 | 84 | 127 |
| Other Assets | 394 | 415 | 247 | 300 | 290 | 320 | 322 | 348 | 336 | 293 | 222 | 279 |
| Total Assets | 569 | 587 | 418 | 468 | 464 | 492 | 489 | 518 | 503 | 491 | 470 | 559 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 45 | 24 | 145 | -35 | 82 | 17 | 207 | -21 | 122 | 37 | 34 | 88 |
| Cash from Investing Activity | -21 | -9 | -10 | -9 | -19 | -13 | -11 | -18 | -29 | -21 | -55 | -77 |
| Cash from Financing Activity | -28 | -17 | -116 | 32 | -77 | -7 | -164 | 7 | -61 | -8 | -10 | -8 |
| Net Cash Flow | -5 | -2 | 18 | -12 | -13 | -2 | 32 | -32 | 31 | 8 | -31 | 3 |
| Free Cash Flow | 23 | 15 | 134 | -43 | 63 | 4 | 196 | -39 | 115 | 18 | 26 | 76 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 134 | 105 | 80 | 89 | 66 | 63 | 31 | 35 | 43 | 34 | 34 | 23 |
| Inventory Days | 204 | 76 | 161 | 147 | 136 | 162 | 128 | 120 | 68 | 82 | 74 | 91 |
| Days Payable | 143 | 65 | 88 | 66 | 95 | 83 | 118 | 79 | 68 | 76 | 45 | 67 |
| Cash Conversion Cycle | 195 | 116 | 152 | 170 | 107 | 142 | 42 | 76 | 43 | 40 | 64 | 48 |
| Working Capital Days | 77 | 41 | 26 | 21 | 25 | 21 | 10 | 22 | 23 | 22 | 30 | 22 |
| ROCE % | 8 | 13 | -8 | 7 | 10 | 8 | 21 | 17 | 30 | 5 | 15 | 17 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
FY revenue / permanent employees + workers, same basis (calc)
89,55,366inr
2026-03-31
News
News and filings about Butterfly Gandhimathi Appliances Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
Uses as raw material
- ABS / PP plastics
- Aluminium
- Brass (burners)
- CRCA sheet steel
- Copper (motor windings)
- Stainless steel
Depends on the price of
- aluminium
- copper
- steel
Buys from
- Beardsell Limited · EPS packaging for appliances — List of Customers logo wall (butterfly.png)
Sells to
- Bharat Petroleum Corporation · LPG stoves (OMC new-connection / dealer channel; legacy relationship)
- Canteen Stores Department (CSD) · Kitchen & electrical appliances (defence canteen channel)
- Hindustan Petroleum Corporation Limited · LPG stoves (OMC new-connection / dealer channel; legacy relationship)
- Indian Oil Corporation · LPG stoves (OMC new-connection / dealer channel; legacy relationship)
- Tamil Nadu Civil Supplies Corporation · Mixer grinders / kitchen appliances (state free-distribution scheme)
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Consumer Durables
- Industry
- Household Appliances
- Classification
- Consumer Durables › Household Appliances
- ISIN
- INE295F01017
Plants
- Butterfly Pudupakkam Integrated Plant
News impact
Big market events that reach Butterfly Gandhimathi Appliances Limited, and how the effect spreads.
10 Apr, 18:14 IST · Market event · high impact
LPG Crunch — Govt Preps 30-40% Demand Spike for Induction Cookers
Who it hits first
- Induction cooker demand to surge 30-40% as government prepares for LPG shortage contingency
Who may gain
- Havells, Stove Kraft, Crompton, Dixon as direct induction makers/manufacturers
- V-Guard benefits from stabilizer demand
Along the supply chain
Downstream
LPG distributors see reduced consumer segment demand over time
Upstream
Copper and glass-ceramic suppliers see demand uptick; PG Electroplast benefits
Where demand moves
Business
LPG shortage → consumers shift to induction cooking → appliance demand surges → supply chains for coils, glass-ceramic tops ramp up
Capital
Consumer durables sector gets demand catalyst → money flows from oil/gas to consumer electricals
How it spreads across sectors
Oil & Gas
LPG demand reduction accelerates energy transition
Power
More induction cooking = higher household electricity demand
When it plays out
Immediate
Appliance stocks rally on government demand signal; retail stocking begins
Medium term
If sustained, India's cooking energy mix shifts structurally
Short term
Component supply constraints may cause short-term price inflation
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 2 Nov 2021 | interim | ₹3 |
|---|---|---|
| 2 Mar 2021 | interim | ₹1.5 |
| 11 Nov 2020 | interim | ₹1.5 |
| 28 Jul 2016 | unspecified | ₹1.25 |
Splits, bonuses & buybacks
- daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016
Bulk & block deals
| Date | Who | Bought / sold | Shares | Price |
|---|---|---|---|---|
| 13 May 2026 | NK SECURITIES RESEARCH PRIVATE LIMITED | BUY | 1,08,708 | ₹731.84 |
| 13 May 2026 | NK SECURITIES RESEARCH PRIVATE LIMITED | SELL | 1,08,708 | ₹732.63 |
| 12 May 2026 | NK SECURITIES RESEARCH PRIVATE LIMITED | SELL | 3,15,444 | ₹709.22 |
| 12 May 2026 | NK SECURITIES RESEARCH PRIVATE LIMITED | BUY | 3,15,444 | ₹708.67 |
| 12 May 2026 | BLITZQUANT RESEARCH LLP | BUY | 1,12,135 | ₹706.81 |
| 12 May 2026 | BLITZQUANT RESEARCH LLP | SELL | 1,12,135 | ₹707.23 |
| 12 May 2026 | JUNOMONETA FINSOL PRIVATE LIMITED | SELL | 97,567 | ₹708.41 |
| 12 May 2026 | JUNOMONETA FINSOL PRIVATE LIMITED | BUY | 97,343 | ₹708.00 |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Annual report · 2025-269 Jul 2026
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.