BUTTERFLY
Butterfly Gandhimathi Appliances share price & financials
- Price
- ₹649.6
- Market cap
- ₹1.1k Cr
- Sector
- Consumer Durables
What Butterfly Gandhimathi Appliances Limited does
Butterfly Gandhimathi Appliances manufactures and markets domestic kitchen and electrical appliances under the 'Butterfly' brand, with its strongest foothold in South India across LPG gas stoves, mixer grinders, table-top wet grinders, pressure cookers and stainless-steel/non-stick cookware. It has since expanded into adjacent categories such as air fryers, chimneys, irons, fans, kettles and food processors, and is extending distribution beyond South India. It earns by selling through a distributor-and-retail network plus e-commerce, manufacturing in-house at its own plant. Following a 2023 merger scheme, it became a subsidiary of Crompton Greaves Consumer Electricals, which now integrates its go-to-market and manufacturing infrastructure with Butterfly's.
Segments
- Kitchen appliances
- Other home appliances
- Distributors
- 590+
- Retail outlets
- 24,000+
- Branch offices
- 15 (across Tamil Nadu, Kerala, Karnataka, Bhubaneswar, Telangana, Andhra Pradesh, Delhi, Mumbai, Ahmedabad, Kolkata)
- Manufacturing plants
- 1 main plant (BGMAL-Pudhupakkam factory), after FY25 consolidation of operations
- Regional warehouses
- 5 (Kolkata, Bhubaneshwar, Jhajjar, Ahmedabad, Mumbai)
- Product SKUs
- 350+
Quarterly results
Q1 FY27: revenue up 14.1%, net profit up 38.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 258 | 238 | 187 | 187 | 293 +14% | 245 +3% | 218 +17% | 214 +14% |
| EBITDA | 23 | 17 | 16 | 13 | 28 +22% | 20 +17% | 20 +20% | 15 +17% |
| Net profit | 13 | 8 | 9 | 6 | 17 +34% | 11 +30% | 11 +27% | 9 +38% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −16.8% 1Y
1Y: ₹704.75 on 10 Sept 2025 → ₹586.25. High ₹780.2 (13 Jul 2026), low ₹583.7 (17 Mar 2026).
Financials, as filed
Revenue fell 3.7% a year over 3 years, FY23 to FY26. Operating margin narrowed to 8.5%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹1.1k Cr | ₹931 Cr | ₹865 Cr | ₹943 Cr |
| Operating profit | ₹97 Cr | ₹27 Cr | ₹66 Cr | ₹80 Cr |
| Operating margin | 9.2% | 2.9% | 7.6% | 8.5% |
| Interest | ₹7 Cr | ₹6 Cr | ₹5 Cr | ₹2 Cr |
| Depreciation | ₹16 Cr | ₹18 Cr | ₹23 Cr | ₹24 Cr |
| Net profit | ₹52 Cr | ₹7 Cr | ₹33 Cr | ₹46 Cr |
| Net margin | 4.9% | 0.8% | 3.8% | 4.8% |
| Cash from operations | ₹122 Cr | ₹37 Cr | ₹34 Cr | ₹88 Cr |
| Free cash flow | ₹115 Cr | ₹18 Cr | ₹26 Cr | ₹76 Cr |
| ROCE | 30.0% | 5.0% | 15.0% | 17.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹18 Cr | ₹18 Cr | ₹18 Cr | ₹18 Cr | ₹18 Cr | ₹18 Cr |
| Reserves | ₹206 Cr | ₹217 Cr | ₹268 Cr | ₹274 Cr | ₹331 Cr | ₹354 Cr |
| Borrowings | ₹29 Cr | ₹53 Cr | ₹5 Cr | ₹4 Cr | ₹11 Cr | ₹8 Cr |
| Other liabilities | ₹235 Cr | ₹230 Cr | ₹212 Cr | ₹195 Cr | ₹198 Cr | ₹179 Cr |
| Total liabilities | ₹489 Cr | ₹518 Cr | ₹503 Cr | ₹491 Cr | ₹558 Cr | ₹559 Cr |
| Fixed assets | ₹163 Cr | ₹164 Cr | ₹163 Cr | ₹157 Cr | ₹155 Cr | ₹149 Cr |
| Capital work in progress | ₹3 Cr | ₹6 Cr | ₹4 Cr | ₹8 Cr | ₹6 Cr | ₹4 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹32 Cr | ₹90 Cr | ₹127 Cr |
| Other assets | ₹322 Cr | ₹348 Cr | ₹336 Cr | ₹293 Cr | ₹307 Cr | ₹279 Cr |
| Total assets | ₹489 Cr | ₹518 Cr | ₹503 Cr | ₹491 Cr | ₹558 Cr | ₹559 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, DIIs trimmed −0.96 pp while the public added +0.94 pp. The shareholder count grew 10% to 19,110.
- Promoters
- 75.0%
- FIIs
- 0.0%
- DIIs
- 0.4%
- Public
- 24.6%
Since Jun 2025
- DIIs −0.96 pp
- Public +0.94 pp
- FIIs +0.01 pp
How it drifted, 12 quarters
Over this window DIIs fell from 6.5% to 0.4% — −6.1 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 75.0%, DIIs 6.5%, Public 18.5%.Dec '23: Promoters 75.0%, DIIs 6.5%, Public 18.5%.Mar '24: Promoters 75.0%, DIIs 6.3%, Public 18.7%.Jun '24: Promoters 75.0%, DIIs 5.1%, Public 19.9%.Sep '24: Promoters 75.0%, FIIs 0.0%, DIIs 4.5%, Public 20.5%.Dec '24: Promoters 75.0%, DIIs 3.5%, Public 21.4%.Mar '25: Promoters 75.0%, FIIs 0.0%, DIIs 2.5%, Public 22.5%.Jun '25: Promoters 75.0%, DIIs 1.4%, Public 23.6%.Sep '25: Promoters 75.0%, FIIs 0.0%, DIIs 0.4%, Public 24.5%.Dec '25: Promoters 75.0%, FIIs 0.0%, DIIs 0.4%, Public 24.5%.Mar '26: Promoters 75.0%, FIIs 0.0%, DIIs 0.4%, Public 24.6%.Jun '26: Promoters 75.0%, FIIs 0.0%, DIIs 0.4%, Public 24.6%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Butterfly Gandhimathi Appliances Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Crompton Greaves Consumer Electricals Limited | 75.00% | unchanged |
| V. M. L. Shenbaga Lakshmi | 1.22% | unchanged |
| V. M. G. Sivakami | 1.09% | unchanged |
| Viswanathan Murugesachettiar Seshadri | 1.08% | −0.14 pp |
| V. M. B. Unnamalai | 1.04% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Butterfly Gandhimathi Appliances Limited
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