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Butterfly Gandhimathi Appliances Results: Latest Quarterly Results & Analysis

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Butterfly Gandhimathi Appliances Ltd. 03 Aug 2026 15:43 PM
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Q1FY27 Quarterly Result Announced for Butterfly Gandhimathi Appliances Ltd.

Household Appliances company Butterfly Gandhimathi Appliances announced Q1FY27 results

Financial Highlights:

  • The Revenue from Operations for the Company stood at Rs 21,387.27 lakh in Q1FY27, representing a YoY growth of 14.12% compared to Rs 18,740.68 lakh in Q1FY26 and a marginal QoQ decrease of 1.97% from Rs 21,816.90 lakh in Q4FY26.
  • The Total Income reached Rs 21,707.22 lakh during Q1FY27, marking a YoY increase of 14.66% against Rs 18,932.35 lakh in Q1FY26 and a QoQ decline of 1.70% from Rs 22,081.36 lakh in Q4FY26.
  • Profit before tax (PBT) for Q1FY27 was reported at Rs 1,192.59 lakh, reflecting a significant YoY rise of 37.50% from Rs 867.31 lakh in Q1FY26, but a QoQ decrease of 22.35% compared to Rs 1,535.87 lakh in Q4FY26.
  • The Net Profit for the period stood at Rs 888.73 lakh in Q1FY27, showcasing a YoY increase of 38.14% from Rs 643.34 lakh in Q1FY26 and a QoQ decline of 22.31% against Rs 1,143.97 lakh in Q4FY26.
  • Total Comprehensive Income for Q1FY27 was recorded at Rs 798.86 lakh, exhibiting a YoY growth of 28.39% from Rs 622.21 lakh in Q1FY26 and a QoQ decrease of 33.99% from Rs 1,210.17 lakh in Q4FY26.
  • The Basic and Diluted Earnings Per Share (EPS) for Q1FY27 was reported at Rs 4.97, compared to Rs 3.60 in Q1FY26 and Rs 6.40 in Q4FY26.

Business Highlights:

  • Segment Performance: The Company operates in a single reportable segment, which is Domestic Appliances. During Q1FY27, this segment generated a revenue of Rs 36,566.36 lakh (before eliminations/adjustments as per segment data) and a segment profit before tax of Rs 2,399.94 lakh.
  • Subsidiary Status: As of June 30, 2026, the Company has no Subsidiary, Associate, or Joint venture Company.
  • Labour Code Impact: During the financial year FY26, the company reassessed its employee benefit obligations due to the consolidation of 29 labour regulations into 4 New Labour Codes and recognized an incremental liability of Rs 159.18 lakh under Exceptional items. No such exceptional item was reported in Q1FY27.
  • Audit Review: The limited review of financial results for Q1FY27 has been carried out by the Statutory Auditors of the Company, and they have issued an unmodified report.

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Household Appliances company Butterfly Gandhimathi Appliances announced Q4FY26 & FY26 results

Financial Highlights:

  • Revenue from Operations: The company reported a net revenue of Rs 21,816.90 lakh in Q4FY26, showing a YoY growth of 16.56% compared to Rs 18,717.60 lakh in Q4FY25, though it declined by 10.80% QoQ from Rs 24,458.29 lakh in Q3FY26. For FY26, revenue stood at Rs 94,315.30 lakh, up 9.03% YoY from Rs 86,503.09 lakh in FY25.
  • Total Income: Total income for Q4FY26 was Rs 22,081.36 lakh, an increase of 16.69% YoY from Rs 18,923.17 lakh in Q4FY25 and a decrease of 10.60% QoQ from Rs 24,699.83 lakh in Q3FY26. For FY26, total income reached Rs 95,146.22 lakh, up 9.18% YoY from Rs 87,147.73 lakh in FY25.
  • Profit Before Tax (PBT): For Q4FY26, the company reported a PBT (before exceptional items) of Rs 1,535.87 lakh, a YoY growth of 27.89% from Rs 1,200.97 lakh and a QoQ decline of 4.57% from Rs 1,609.41 lakh in Q3FY26. For FY26, PBT was Rs 6,125.89 lakh, up 39.39% YoY from Rs 4,394.68 lakh in FY25.
  • Net Profit: Net Profit for Q4FY26 stood at Rs 1,143.97 lakh, growing 26.65% YoY from Rs 903.25 lakh in Q4FY25 and increasing 6.24% QoQ from Rs 1,076.78 lakh in Q3FY26. For FY26, the company achieved a Net Profit of Rs 4,563.78 lakh, marking a 40.28% YoY increase from Rs 3,253.31 lakh in FY25.
  • Earnings Per Share (EPS): Basic and diluted EPS for Q4FY26 was Rs 6.40, compared to Rs 5.05 in Q4FY25 and Rs 6.02 in Q3FY26. For FY26, the EPS stood at Rs 25.53 compared to Rs 18.20 in FY25.

Business Highlights:

  • Segment Performance: The company operates exclusively in a single reportable segment, which is "Domestic Appliances."
  • Dividend: The Board of Directors has recommended a final dividend of Rs 10/- per equity share (100%) of face value of Rs 10/- each for FY26, subject to shareholder approval.
  • Exceptional Item: During FY26, the company reassessed its employee benefit obligations following the consolidation of 29 labor regulations into 4 New Labour Codes effective November 21, 2025. This resulted in an incremental liability of Rs 159.18 lakh, which has been recognized as an exceptional item.
  • Company Structure: As of March 31, 2026, the company reported that it has no subsidiary, associate, or joint venture companies; therefore, the standalone results represent the complete financial position of the entity.
  • Auditor Re-appointments: The company has appointed/re-appointed M/s. S. Mahadevan & Co as Cost Auditors, M/s. Ernst & Young as Internal Auditors, and M/s. ASA & Associates LLP as Tax Auditors for FY27.

Result PDF

Household Appliances company Butterfly Gandhimathi Appliances announced Q3FY26 results

  • Revenue: Rs 245 million against Rs 238 million during Q3FY25, change 3%.
  • EBITDA: Rs 20 million against Rs 17 million during Q3FY25, change 18%.
  • EBITDA Margin: 8.2% for Q3FY26.
  • PAT: Rs 11 million against Rs 8 million during Q3FY25, change 38%.
  • PAT Margin: 4.4% for Q3FY26.

Swetha Sagar, Manager & Chief Business Officer, Butterfly Gandhimathi Appliances, said: “We delivered revenue of Rs 245 crore, reflecting a 3% YoY growth, and a robust EBITDA margin of 100 bps YoY to 8.2%. Performance was driven by strong momentum in cookers aided by GST reduction and premiumization across categories. Strong execution across markets and channels supported improved sell-out trends and a recovery across product categories. The Company’s growth strategy remains anchored in premiumization supported by a strong innovation pipeline and deeper channel penetration.”

Result PDF

Household Appliances company Butterfly Gandhimathi Appliances announced Q2FY26 results

  • Revenue stood at Rs. 293 crore; growth of 14% YoY led by growth in key channels.
  • EBITDA of Rs. 28 crore, grew by 21% YoY driven by gross margin improvement & spend optimization.
  • EBITDA margin expanded by 60 bps YoY to 9.5%.
  • PAT: Rs 17 crore compared to Rs 13 crore during Q2FY25, change 34%.
  • PAT Margin: 5.8% for Q2FY26.

Swetha Sagar, Manager & Chief Business Officer, Butterfly Gandhimathi Appliances, said: “We delivered a strong performance this quarter, recording a revenue of 14% YoY and a robust EBITDA growth of 21% YoY. This was driven by consistent momentum month-on-month, improved gross margins, and disciplined cost management. Launch of new products under the Idea First Series across channels and regions fueled the growth. The brand refresh launched in Q1 has been well-received, further strengthening our product portfolio and market presence.”

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Household Appliances company Butterfly Gandhimathi Appliances announced Q1FY26 results

  • Revenue stood at Rs 187 crore; growth of 3% YoY, despite challenging environment and subdued demand situation.
  • EBITDA of Rs 13 crore, grew by 39% YoY driven by pricing and product mix actions; EBITDA margin expanded by 170 bps to 6.8%.
  • EBIT more than doubled over last year to Rs 7 crore, growth of 144% YoY.

Swetha Sagar, Manager & Chief Business Officer, Butterfly Gandhimathi Appliances, said: “Amidst a subdued consumer demand, we continue to deliver revenue growth and robust EBITDA growth. This quarter we began a new journey with the refreshed brand positioning, ‘Celebrating Change’ reinforcing our commitment to innovation and relevance in a dynamic market. Staying true to our new positioning, we have introduced industry first solutions across key categories through the ‘Idea First Series’ as a thoughtful response to evolving lifestyles in the kitchen industry.

We are committed to delivering strong performance by leveraging the strength of our brand and the ongoing revamp of our product portfolio to drive growth, enhance consumer engagement, and strengthen our market position.”

Result PDF

Household Appliances company Butterfly Gandhimathi Appliances announced Q3FY25 results

  • Revenue stood at Rs 238 crore, in line with last year amidst slowdown in consumer spends.
  • EBITDA: Rs 17 crore compared to Rs 2 crore during Q3FY24, change 34.3%.
  • EBITDA margin: 7.2% for Q3FY25.
  • PAT:  Rs 8 crore compared to Rs -2 crore during Q3FY24.
  • PAT margin: 3.5% for Q3FY25.

Swetha Sagar, Manager & Chief Business Officer, Butterfly Gandhimathi Appliances, said: “Interventions over the last few quarters have helped us to drive sustainable revenue and better profitability. This performance comes amidst subdued consumer demand, reinforcing our brand and channel strengths. We are focusing on building our capabilities across areas to drive consumer centricity and operational efficiencies. We expect the momentum to continue in our key categories aided by premiumization and expansion into emerging channels.”

Result PDF

Household Appliances company Butterfly Gandhimathi Appliances announced Q2FY25 results

Financial Highlights:

  • Revenue: Rs 258 crore compared to Rs 308 crore during Q2FY24, change -16%.
  • EBITDA: Rs 23 crore compared to Rs 25 crore during Q2FY24, change -9%.
  • EBITDA margin: 8.9% for Q2FY25.
  • PAT: Rs 13 crore compared to Rs 15 crore during Q2FY24 change -13%.
  • PAT margin: 4.9% for Q2FY25.

Other Highlights:

  • Revenue stood at Rs 258 crore wherein retail channel continued its growth momentum and maintained market share in key categories.
  • Successfully executed pricing actions amidst heightened competitive intensity.
  • Strong sequential growth of 42% across categories and channels led by ongoing festive season.
  • Driving profitable growth in Ecom has helped in improving margins while revenue has dropped due to base corrections.

Swetha Sagar, Manager & Chief Business Officer, Butterfly Gandhimathi Appliances, said: “Interventions in previous quarter including product restructuring and pricing actions helped us deliver good sequential growth coupled with margin improvement to 8.9%. Leveraging the festive season, the trade channel continued its growth momentum supported by alternate channels except Ecom. In Ecom, our focus would be on growing revenues with sustainable margins.”

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Household Appliances company Butterfly Gandhimathi Appliances announced Q4FY24 results:

  • Revenue at Rs 166 crore (-11% YoY) and EBITDA at Rs -22 crore. This is not comparable with previous period/s due to the following:
  • Standardisation of operating procedures between Butterfly and croreompton and certain one-time settlements with channel partners
  • Full year liability of Extended Producer Responsibility (EPR) of Rs 1.2 crore, crystalised in Q4
  • Reorganisation of bottles and flasks sourcing resulted in impact of Rs 2.1 crore in Q4. This would be margin accretive on an ongoing basis.
  • Stepped up investments in marketing; incurred Rs 24 crore during the quarter as against Rs 10 crore last year

Commenting on the business development, Swetha Sagar said, “I am glad to be associated with Butterfly, an organization which has a strong brand equity and enjoys market leadership across many categories in kitchen appliances. At Butterfly, we will continue to focus on channel development, capability building and investments behind brand. Also, going forward, we plan to progressively address pricing gaps between channels to raise realisations. We are optimistic about the outlook for the year in the context of impending new product introductions, emphasis on channel engagement and productivity improvements.” 

Result PDF

Household Appliances company Butterfly Gandhimathi Appliances announced Q2FY24 results:

1. Financial Highlights:
- Revenue at Rs 308 crore, a decrease of 16% YoY.
- Material Margin at 37.0%, a YoY increase of 170 bps.
- EBITDA at Rs 25 crore, with an EBITDA Margin of 8.2%.
- PAT at Rs 15 crore, with a PAT Margin of 4.7%.

2. Operational Highlights:
- Investments in capability building, brand strengthening, operations optimization, and R&D.
- Retail and Modern Trade channel growth during industry slowdown.
- Shift in festive season impacting sales phasing.
- Focus on improving distribution reach and customer engagement.
- Recognition of the 'Butterfly' brand as an Iconic Brand of India.

3. Update on the Merger Process:
- Scheme for merger with Crompton Greaves Consumer Electricals Ltd. is underway.
- NOC received from BSE and NSE.
- The NCLT approval process is in progress with a shareholders' meeting scheduled.
- Favorable voting recommendation by proxy advisory firms.

Commenting on the performance, Rangarajan Sriram, Managing Director, of Butterfly Gandhimathi Appliances said, “We continue to focus on balancing and growing our core channels. The sales phasing of online channels has been reorganised across platforms & categories. Despite an industry-wide slowdown, our retail channel continued to grow, and we registered growth in the Kerala region, boosted by Onam festivities. EBITDA Margin stood at 8.2% for the quarter, post investments in marketing and people.

With the shift in the festive season this year, we anticipate an uptick in demand in Q3. Premium segments continue to grow across categories as we invest in brand awareness and introducing new products across markets & channels to drive higher sales.”

 

 

Result PDF

Household Appliances company Butterfly Gandhimathi Appliances announced Q1FY24 results:

  • Revenue at Rs 219 crore (-14% YoY). Continued the strategic restructuring of the channel mix in favour of Trade. This led to strong double-digit growth in B2C channels such as Retail, Modern Trade, and Chain stores across categories while de-risking Corporate channels.
  • Online channels faced subdued growth due to conscious phasing aligned to secondary offtakes.
  • Share of business from new products at 14% of Total Q1 Sales.
  • Material Margin at 42%, expansion of 650 bps YoY. Significant improvement in Material Margins driven by a rebound in Trade channel along with value engineering.
  • EBITDA at Rs 20 crore EBITDA Margin at 9.0% post investments in marketing and people
  • PAT at Rs 15 crore ( 11% YoY). PAT Margin at 6.7%, expansion of 150 bps YoY

Commenting on the performance, Rangarajan Sriram, Managing Director, Butterfly Gandhimathi Appliances said, “Through our strategic focus on channel restructuring, we continue to drive sustainable growth in B2C channels such as retail outlets, modern trade, chain stores, and e-commerce, while de-risking non-core channels. This led to Revenue of Rs 219 crore for the quarter amidst a challenging demand situation and strong Material Margins of ~42% ( 650 bps YoY) on account of improvement in channel mix and value engineering. EBITDA Margin stood at 9.0% for the quarter.

With the merger of Butterfly and Crompton underway, there is an opportunity to start realizing Go-to-Market synergies as we endeavor to improve Butterfly’s reach in the Western and Northern markets. Our focus on new premium product launches continues in addition to driving improvements in non-retail channels, especially e-commerce, through product, pricing, and marketing interventions.”

 

 

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