MarketFriction

Butterfly Gandhimathi Appliances Ltd

NSE BUTTERFLY · BSE 517421 · Household Appliances
₹550.50 -0.41%
NSE close2026-10-01
52 week range551.55 - 823.85
Market cap₹1,011 Cr.
P/E20.5
Price band 20% Delivery 58.1%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales307.97237.95166.38181.70257.70238.24187.18187.41292.99244.58218.17213.87
Expenses282.86235.59186.15172.52234.84221.00170.89174.60265.20224.42198.65198.84
Operating Profit25.112.36-19.779.1822.8617.2416.2912.8127.7920.1619.5215.03
OPM %8.15%0.99%-11.88%5.05%8.87%7.24%8.70%6.84%9.48%8.24%8.95%7.03%
Other Income1.291.38-1.042.041.630.932.061.921.330.832.643.20
Interest1.791.931.371.571.521.130.970.720.450.330.290.21
Depreciation5.134.594.546.136.085.525.375.345.956.156.516.09
Profit before tax19.48-2.78-26.723.5216.8911.5212.018.6722.7214.5115.3611.93
Tax %25.10%-22.30%-26.01%28.41%24.99%27.95%24.81%25.84%25.22%25.71%25.52%25.48%
Net Profit14.59-2.16-19.762.5212.688.319.036.4317.0010.7711.448.89
EPS in Rs8.16-1.21-11.051.417.094.655.053.609.516.026.404.97
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales8984015386506768629601,057931865943970
Expenses838421504605636782901959903799863887
Operating Profit60-2035464180599728668182
OPM %7%-4.9%6%7%6%9%6%9%3.0%8%9%9%
Other Income522212-573678
Interest3423182224171477621
Depreciation121212131416151618232425
Profit before tax19-5361244825806446165
Tax %35%-3%18%23%4%25%35%36%-31%26%26%
Net Profit12-5251043616527334648
EPS in Rs6.93-28.952.695.352.2320.229.0228.904.1318.1925.5326.90
Dividend Payout %18%0%0%0%0%15%33%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth0%2%-4%11%
Compounded Profit Growth13%3%-7%35%
Stock Price CAGR11%-10%-24%-18%
Return on Equity6%11%8%12%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital181818181818181818181818
Reserves208217157162172175206217268274307354
Borrowings190205158208154170295354128
Other Liabilities1531478579121129235230212195132179
Total Liabilities569587418468464492489518503491470559
Fixed Assets172170167166167169163164163157151149
CWIP3342733648124
Investments0000000003284127
Other Assets394415247300290320322348336293222279
Total Assets569587418468464492489518503491470559
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity4524145-358217207-21122373488
Cash from Investing Activity-21-9-10-9-19-13-11-18-29-21-55-77
Cash from Financing Activity-28-17-11632-77-7-1647-61-8-10-8
Net Cash Flow-5-218-12-13-232-32318-313
Free Cash Flow2315134-43634196-39115182676
CFO/OP118%46%-732%-98%188%49%267%-22%144%167%59%132%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days13410580896663313543343423
Inventory Days2047616114713616212812068827491
Days Payable14365886695831187968764567
Cash Conversion Cycle195116152170107142427643406448
Working Capital Days774126212521102223223022
ROCE %8%13%-8%7%10%8%21%17%30%5%15%17%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%
FIIs0.00%0.00%0.00%0.00%0.01%0.00%0.01%0.00%0.04%0.02%0.01%0.01%
DIIs6.52%6.47%6.33%5.09%4.49%3.55%2.46%1.39%0.43%0.43%0.43%0.43%
Public18.48%18.53%18.67%19.90%20.50%21.45%22.52%23.61%24.52%24.54%24.56%24.55%
No. of Shareholders19,34215,25816,02417,04316,91516,92716,96617,30917,80317,21218,90219,110

Fundamentals

Market Cap₹ 1,011 Cr.
Current Price₹ 561
Stock P/E20.5
Book Value₹ 208
ROCE16.8 %
ROE12.0 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)11%
Compounded Profit Growth (TTM)35%
Standalone figures.
Valuation
Market capRs 984 Cr
Enterprise valueRs 978 Cr
P/E (TTM)20.46x
Price to book2.64x
Price to sales1.02x
EV / EBITDA10.81x
EV / EBIT14.86x
EV / sales1.01x
Price to cash flow11.14x
Earnings yield4.89%
P/E, 3-year average80.21x
P/B, 3-year average3.60x
P/E, 5-year average87.31x
P/B, 5-year average5.79x
Profitability
Operating margin (excl. other income)8.54%
Operating margin (incl. other income)9.25%
EBITDA margin9.33%
Pre-tax margin6.65%
Net profit margin4.96%
Net margin, latest quarter4.16%
ROE13.09%
ROCE17.64%
ROA8.87%
ROE, 3-year average8.73%
ROCE, 3-year average12.55%
ROA, 3-year average5.71%
ROE, 5-year average10.61%
ROCE, 5-year average16.43%
ROA, 5-year average6.09%
ROIC (approx.)13.39%
Tax rate25.50%
Other income / net worth1.81%
Growth
Sales growth (latest year)9.03%
Profit growth (latest year)40.30%
Sales CAGR, 3 years-3.71%
Sales CAGR, 5 years1.82%
Profit CAGR, 3 years-4.05%
Profit CAGR, 5 years4.77%
Sales growth QoQ-1.97%
Profit growth QoQ-22.29%
Sales growth YoY (latest quarter)14.12%
Profit growth YoY (latest quarter)38.26%
Per share
EPS (TTM)Rs 26.90
EPS (latest year)Rs 25.53
EPS (latest quarter)Rs 4.97
EPS, 3-year averageRs 15.95
EPS, 5-year averageRs 17.15
Book value per shareRs 208.20
Sales per shareRs 542.30
Cash flow per shareRs 49.43
Free cash flow per shareRs 42.51
Dividend per share, 5-year averageRs 3.00
Dividends
Dividend payout, 5-year average33.23%
Efficiency
Asset turnover1.69x
Fixed asset turnover6.33x
Inventory turnover4.14x
Inventory days88 days
Debtor days23 days
Debtors turnover15.58x
Creditor days67 days
Cash conversion cycle48 days
Working capital days22 days
Leverage
Total debtRs 8 Cr
Cash and bankRs 14 Cr
Net debtRs -6 Cr
Debt to equity0.02x
Net debt / EBITDA-0.07x
Interest coverage51.41x
Current ratio (filing 2026-03-31)2.10x
Quick ratio (filing 2026-03-31)1.30x
Trade payables (filing 2026-03-31)Rs 106 Cr
Owners' fund to total sources66.57%
Debt to assets1.37%
Cash flow
Cash from Operating Activity (latest year)Rs 88 Cr
Cash from Investing Activity (latest year)Rs -77 Cr
Cash from Financing Activity (latest year)Rs -8 Cr
Net Cash Flow (latest year)Rs 3 Cr
Free cash flow (latest year)Rs 76 Cr
FCFE (approx.: FCF + change in debt)Rs 71 Cr
Cash from ops / profit, 5 years1.69x
Sales to cash flow10.67x
Statement figures
Net sales (TTM)Rs 970 Cr
Net sales (latest year)Rs 943 Cr
Sales (latest quarter)Rs 214 Cr
Operating profit excl. other income (latest year)Rs 81 Cr
Operating profit (latest quarter)Rs 15 Cr
Other income (TTM)Rs 8 Cr
EBITDA (TTM)Rs 90 Cr
PBDT (TTM)Rs 89 Cr
Profit before tax (TTM)Rs 65 Cr
Tax (latest year)Rs 16 Cr
Net profit (TTM)Rs 48 Cr
Net profit (latest year)Rs 46 Cr
Net profit (latest quarter)Rs 9 Cr
Depreciation (TTM)Rs 25 Cr
Depreciation (latest quarter)Rs 6 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 597 Cr
Total expenditure (latest year)Rs 863 Cr
Total income (latest year)Rs 950 Cr
Share capitalRs 18 Cr
ReservesRs 354 Cr
Shareholders' fundsRs 372 Cr
Total assetsRs 559 Cr
Net blockRs 149 Cr
Capital work in progressRs 4 Cr
InvestmentsRs 127 Cr
ReceivablesRs 61 Cr
InventoryRs 144 Cr
Other liabilitiesRs 179 Cr
Shares outstanding (crore)1.79
Ownership
Promoter holding75.00% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 20.5 is at the 2th percentile of its own 8.4-year range (median 57.0, low 17.9, high 352.1).
P/B 2.64 is at the 23th percentile (median 4.24).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodBUTTERFLYNifty 50Difference
1 week-3.1%-2.8% -0.4 pts
1 month-11.8%-6.8% -5.0 pts
3 months-22.8%-7.6% -15.1 pts
6 months-6.9%+0.4% -7.3 pts
1 year-21.6%-9.9% -11.7 pts
2 years-50.7%-13.6% -37.2 pts
3 years-56.5%+14.2% -70.7 pts
5 years-42.3%+27.9% -70.2 pts
7 mutual fund schemes hold about ₹3 Cr. Over three months 1 bought more and 6 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Bandhan Small Cap Fund0.01%3 +6%
Sundaram LT Micro Cap Tax Adv Fund-Sr IV0.00%0 -100%
Sundaram LT Micro Cap Tax Adv Fund-Sr III-0.00%0 -100%
Sundaram LT Micro Cap Tax Adv Fund-Sr V-0.00%0 -100%
Sundaram LT Tax Adv Fund-Sr III0.00%0 -100%
Sundaram LT Micro Cap Tax Adv Fund-Sr VI-0.00%0 -100%
Sundaram LT Tax Adv Fund-Sr IV0.00%0 -100%

Red flags

F-score 7 of 8
lookAuditor change Auditor change 2026-05-11: Butterfly Gandhimathi Appliances Limited has informed the Exchange regarding Change in Auditors of the company.
lookRegulator order or action Regulator order or action 2026-04-28: Butterfly Gandhimathi Appliances Limited has informed the Exchange about Action(s) taken or orders passed
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹214 Cr +14.1% vs Jun 2025. Net profit ₹9 Cr +38.3%.
Against our estimate for Jun 2026: sales +4.1%, profit -10.3% in line. Our estimate for Sep 2026: sales Rs 338 Cr, profit Rs 16 Cr (how).

Activity

Compare
CompanyMcap (Cr)P/EROCE
LG Electronics India Ltd118,05264.732.3 %
Voltas Ltd36,06677.29.04 %
Blue Star Ltd31,44959.421.2 %
Amber Enterprises India Ltd23,30011310.3 %
Crompton Greaves Consumer Electricals Ltd13,61030.019.0 %
V-Guard Industries Ltd13,41535.318.4 %
Whirlpool of India Ltd11,26941.310.7 %
TTK Prestige Ltd7,31135.312.1 %
Eureka Forbes Ltd7,02235.15.86 %
Bosch Home Comfort India Ltd5,2602614.78 %
IFB Industries Ltd4,86631.118.2 %
Symphony Ltd3,9931,02620.6 %
Bajaj Electricals Ltd3,5742.89 %
Orient Electric Ltd3,34028.019.9 %
Carysil Ltd3,00627.918.0 %
No bulk or block deals on record.
Ex-dateActionFactor
2021-11-02 Interim Dividend - Rs 3 Per Share
2021-07-20 Annual General Meeting
2021-03-02 Interim Dividend - Rs 1.50 Per Share
2020-11-11 Interim Dividend - Rs 1.50 Per Share
2020-08-11 Annual General Meeting
2019-07-29 Annual General Meeting
2018-09-03 Annual General Meeting
2017-08-30 Annual General Meeting
2016-07-28 Annual General Meeting/ Dividend - Rs 1.25/- Per Share
2015-08-13Annual General Meeting
2014-07-24Annual General Meeting
DateTypeWhat it says
2026-08-05Shareholder meetingVoting results.
2026-08-04Shareholder meetingProceedings of Annual General Meeting held on August 04, 2026
2026-08-03Press ReleaseA press release dated August 03, 2026, titled "Press Release Q1FY26".
2026-08-03Board meeting outcomeButterfly Gandhimathi Appliances Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-13General UpdatesGeneral Updates
2026-07-09Shareholder meetingNotice of Annual General Meeting to be held on August 04, 2026
2026-06-19UpdatesReceipt of the Golden Peacock Award for Exo-Innovation for the year 2026 by the Instituteof Directors, India.
2026-05-29Clarification - Financial ReThe Exchange has sought clarification from Butterfly Gandhimathi Appliances Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of...
2026-05-11Press ReleaseA press release dated May 11, 2026, titled "Press Release".
2026-05-11Change in AuditorsChange in Auditors of the company.
2026-05-11Board meeting outcomeButterfly Gandhimathi Appliances Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-04-28Regulatory actionAction(s) taken or orders passed
2026-04-26Regulatory actionAction(s) initiated or orders passed
2026-04-23Disclosure under SEBI TakeovCrompton Greaves Consumer Electricals Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange...
2026-02-27Regulatory actionAction(s) taken or orders passed
2026-02-19CessationCessation of Senthil Kumar Raja S as Other of the company w.e.f. February 27, 2026.
2026-02-04AppointmentAppointment of Ramesh S as Other of the company w.e.f. April 03, 2026.
2026-02-04Board meeting outcomeButterfly Gandhimathi Appliances Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2026-02-04Press ReleaseA press release dated February 04, 2026, titled "Press Release".
2026-02-04Board meeting outcomeBoard meeting held on February 04, 2026.
2026-01-27Credit Rating- NewCredit Rating- New
2026-01-05ResignationResignation of Mr. Shantanu Khosla as Non- Executive Director of the company w.e.f. December 31, 2025.
2025-12-31Regulatory actionAction(s) taken or orders passed
2025-12-23General UpdatesGeneral Updates
2025-12-12Regulatory actionAction(s) taken or orders passed
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Butterfly Gandhimathi Appliances Ltd?

Butterfly Gandhimathi Appliances Ltd (BUTTERFLY) has a market capitalisation of Rs 1,011 Cr. at the 2026-10-01 close.

What is the P/E ratio of Butterfly Gandhimathi Appliances Ltd?

Butterfly Gandhimathi Appliances Ltd trades at a P/E of 20.5 on trailing twelve-month profit, at the 2026-10-01 close.

What were Butterfly Gandhimathi Appliances Ltd's latest quarterly results?

In the Jun 2026 quarter, Butterfly Gandhimathi Appliances Ltd sales was Rs 214 Cr (+14.1% vs Jun 2025) and net profit was Rs 9 Cr.

What is the 52-week high and low of Butterfly Gandhimathi Appliances Ltd?

The 52-week high is Rs 823.85 and the 52-week low is Rs 551.55.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03