INFLAME
Inflame Appliances financials
- Market cap
- ₹190 Cr
Quarterly results
Q4 FY26: revenue up 51.0%, net profit up 100.0% against the same quarter last year.
| Line item | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 37 | 41 | 43 | 49 | 53 +43% | 53 +29% | 76 +77% | 74 +51% |
| EBITDA | 2 | 8 | 3 | 5 | 5 +150% | 7 −12% | 9 +200% | 10 +100% |
| Net profit | 0 | 3 | 0 | 1 | 1 | 2 −33% | 4 | 2 +100% |
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 −3.2% 1Y
1Y: ₹237.5 on 10 Sept 2025 → ₹229.85. High ₹343.25 (12 Jan 2026), low ₹207.3 (12 Aug 2026).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹6 Cr | ₹7 Cr | ₹7 Cr | ₹7 Cr | ₹7 Cr | ₹7 Cr |
| Reserves | ₹-2 Cr | ₹8 Cr | ₹34 Cr | ₹40 Cr | ₹52 Cr | ₹54 Cr |
| Borrowings | ₹19 Cr | ₹14 Cr | ₹27 Cr | ₹38 Cr | ₹48 Cr | ₹53 Cr |
| Other liabilities | ₹15 Cr | ₹11 Cr | ₹14 Cr | ₹19 Cr | ₹39 Cr | ₹31 Cr |
| Total liabilities | ₹38 Cr | ₹39 Cr | ₹83 Cr | ₹104 Cr | ₹146 Cr | ₹146 Cr |
| Fixed assets | ₹11 Cr | ₹10 Cr | ₹13 Cr | ₹33 Cr | ₹35 Cr | ₹38 Cr |
| Capital work in progress | ₹0 Cr | ₹1 Cr | ₹13 Cr | ₹2 Cr | ₹5 Cr | ₹3 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹27 Cr | ₹27 Cr | ₹57 Cr | ₹69 Cr | ₹106 Cr | ₹105 Cr |
| Total assets | ₹38 Cr | ₹39 Cr | ₹83 Cr | ₹104 Cr | ₹146 Cr | ₹146 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 Mar 2026
Since Mar 2025, the public added +6.36 pp while FIIs trimmed −5.12 pp. The shareholder count grew 4% to 1,923.
- Promoters
- 44.7%
- FIIs
- 0.2%
- DIIs
- 0.2%
- Public
- 54.9%
Since Mar 2025
- Public +6.36 pp
- FIIs −5.12 pp
- DIIs −1.25 pp
How it drifted, 12 quarters
Over this window promoters fell from 70.0% to 44.7% — −25.3 pp.
Ownership split by quarter, oldest first. Sep '20: Promoters 70.0%, Public 30.0%.Mar '21: Promoters 53.3%, Public 46.7%.Sep '21: Promoters 50.8%, Public 49.2%.Mar '22: Promoters 48.1%, Public 51.9%.Sep '22: Promoters 43.8%, Public 56.2%.Mar '23: Promoters 43.6%, FIIs 1.1%, DIIs 2.2%, Public 53.0%.Sep '23: Promoters 43.6%, FIIs 3.4%, DIIs 2.6%, Public 50.4%.Mar '24: Promoters 43.6%, FIIs 5.1%, DIIs 1.4%, Public 49.9%.Sep '24: Promoters 43.6%, FIIs 5.5%, DIIs 1.4%, Public 49.4%.Mar '25: Promoters 44.7%, FIIs 5.3%, DIIs 1.4%, Public 48.6%.Sep '25: Promoters 44.7%, FIIs 5.3%, DIIs 1.4%, Public 48.6%.Mar '26: Promoters 44.7%, FIIs 0.2%, DIIs 0.2%, Public 54.9%.
Who bought this quarter
since Sep 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Lalit Kumar Bansal newly disclosed 1.84% held
- Flamecraft Industries LLP newly disclosed 0.00% held
The same filing shows 0 holders trimming and 4 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of Inflame Appliances Limited above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Aditya Kaushik | 22.60% | unchanged |
| Anita Kaushik | 17.73% | unchanged |
| Amit Kaushik | 4.11% | unchanged |
| Ashish Kacholia | 4.11% | unchanged |
| Lalit Kumar Bansal | 1.84% | newly disclosed |
| Sagar Kantilal Jain | 1.32% | unchanged |
| Nikhil Kishorchandra Vora | 1.21% | unchanged |
| Nikhil Vora Huf | 1.03% | unchanged |
| Ruchi Kaushik | 0.10% | unchanged |
| Usha Kaushik | 0.10% | unchanged |
| Aneesha Kaushik | 0.10% | unchanged |
| Flamecraft Industries LLP | 0.00% | newly disclosed |
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 Inflame Appliances Limited
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