Reported Earnings • Jul 12
Full year 2026 earnings released: EPS: ₹25.53 (vs ₹18.20 in FY 2025) Full year 2026 results: EPS: ₹25.53 (up from ₹18.20 in FY 2025). Revenue: ₹9.43b (up 9.0% from FY 2025). Net income: ₹456.4m (up 40% from FY 2025). Profit margin: 4.8% (up from 3.8% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹740, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 36x in the Consumer Durables industry in India. Total loss to shareholders of 39% over the past three years. Announcement • May 12
Butterfly Gandhimathi Appliances Limited, Annual General Meeting, Aug 04, 2026 Butterfly Gandhimathi Appliances Limited, Annual General Meeting, Aug 04, 2026. New Risk • May 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.6% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). Reported Earnings • May 12
Full year 2026 earnings released: EPS: ₹25.53 (vs ₹18.20 in FY 2025) Full year 2026 results: EPS: ₹25.53 (up from ₹18.20 in FY 2025). Revenue: ₹9.51b (up 10% from FY 2025). Net income: ₹456.4m (up 40% from FY 2025). Profit margin: 4.8% (up from 3.8% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Announcement • Apr 29
Butterfly Gandhimathi Appliances Limited to Report Q4, 2026 Results on May 11, 2026 Butterfly Gandhimathi Appliances Limited announced that they will report Q4, 2026 results on May 11, 2026 Buy Or Sell Opportunity • Apr 01
Now 20% overvalued Over the last 90 days, the stock has fallen 6.0% to ₹602. The fair value is estimated to be ₹501, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Earnings per share has declined by 11%. New Risk • Mar 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.5% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹695, the stock trades at a trailing P/E ratio of 28.8x. Average trailing P/E is 39x in the Consumer Durables industry in India. Total loss to shareholders of 44% over the past three years. Buy Or Sell Opportunity • Mar 10
Now 21% overvalued Over the last 90 days, the stock has fallen 11% to ₹606. The fair value is estimated to be ₹500, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Earnings per share has declined by 11%. Reported Earnings • Feb 05
Third quarter 2026 earnings released: EPS: ₹6.02 (vs ₹4.65 in 3Q 2025) Third quarter 2026 results: EPS: ₹6.02 (up from ₹4.65 in 3Q 2025). Revenue: ₹2.47b (up 3.7% from 3Q 2025). Net income: ₹107.7m (up 30% from 3Q 2025). Profit margin: 4.4% (up from 3.5% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. Announcement • Jan 09
Butterfly Gandhimathi Appliances Limited to Report Q3, 2026 Results on Feb 04, 2026 Butterfly Gandhimathi Appliances Limited announced that they will report Q3, 2026 results on Feb 04, 2026 Announcement • Jan 05
Butterfly Gandhimathi Appliances Limited Announces the Resignation of Shantanu Khosla, Non-Executive, Non-Independent Director of the Company, Effective December 31, 2025 Butterfly Gandhimathi Appliances Limited announced the resignation of Mr. Shantanu Khosla, Non-Executive, Non-Independent Director of the Company (DIN: 00059877), who was appointed as the authorised representative of Crompton Greaves Consumer Electricals Limited ("Crompton"), the holding company of the Company and whose tenure on the Board of Crompton ended on December 31, 2025 and has tendered his resignation from the Board of the Company as well on December 09, 2025 with effect from the close of business hours on December 31, 2025. Reported Earnings • Nov 05
Second quarter 2026 earnings released: EPS: ₹9.51 (vs ₹7.09 in 2Q 2025) Second quarter 2026 results: EPS: ₹9.51 (up from ₹7.09 in 2Q 2025). Revenue: ₹2.94b (up 14% from 2Q 2025). Net income: ₹170.0m (up 34% from 2Q 2025). Profit margin: 5.8% (up from 4.9% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 22% per year. Announcement • Oct 09
Butterfly Gandhimathi Appliances Limited to Report Q2, 2026 Results on Nov 04, 2025 Butterfly Gandhimathi Appliances Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 04, 2025 Reported Earnings • Aug 05
First quarter 2026 earnings released: EPS: ₹3.60 (vs ₹1.41 in 1Q 2025) First quarter 2026 results: EPS: ₹3.60 (up from ₹1.41 in 1Q 2025). Revenue: ₹1.87b (up 3.1% from 1Q 2025). Net income: ₹64.3m (up 156% from 1Q 2025). Profit margin: 3.4% (up from 1.4% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Announcement • Jul 22
Butterfly Gandhimathi Appliances Limited to Report Q1, 2026 Results on Aug 04, 2025 Butterfly Gandhimathi Appliances Limited announced that they will report Q1, 2026 results on Aug 04, 2025 Reported Earnings • Jul 04
Full year 2025 earnings released: EPS: ₹18.20 (vs ₹4.13 in FY 2024) Full year 2025 results: EPS: ₹18.20 (up from ₹4.13 in FY 2024). Revenue: ₹8.65b (down 7.2% from FY 2024). Net income: ₹325.3m (up 340% from FY 2024). Profit margin: 3.8% (up from 0.8% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Reported Earnings • May 15
Full year 2025 earnings released: EPS: ₹18.20 (vs ₹4.13 in FY 2024) Full year 2025 results: EPS: ₹18.20 (up from ₹4.13 in FY 2024). Revenue: ₹8.71b (down 6.4% from FY 2024). Net income: ₹325.3m (up 340% from FY 2024). Profit margin: 3.7% (up from 0.8% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Announcement • May 14
Butterfly Gandhimathi Appliances Limited, Annual General Meeting, Aug 05, 2025 Butterfly Gandhimathi Appliances Limited, Annual General Meeting, Aug 05, 2025. New Risk • Feb 11
New major risk - Revenue and earnings growth Earnings have declined by 0.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.8% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (0.4% net profit margin). Reported Earnings • Nov 12
Second quarter 2025 earnings released: EPS: ₹7.09 (vs ₹8.16 in 2Q 2024) Second quarter 2025 results: EPS: ₹7.09 (down from ₹8.16 in 2Q 2024). Revenue: ₹2.59b (down 16% from 2Q 2024). Net income: ₹126.8m (down 13% from 2Q 2024). Profit margin: 4.9% (up from 4.7% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Jul 31
Butterfly Gandhimathi Appliances Limited Announces Board and Committee Cessation Butterfly Gandhimathi Appliances Limited announced that the second term of 5 (five) years of Mr. A Balasubramanian, Mr. M Padmanabhan (DIN:00101997), Mr. G S Samuel (DIN: 05284689) and Mr. T R Srinivasan (DIN: 00367302), Independent Directors of the Company, shall come to an end w.e.f. July 31, 2024, and consequently they shall cease to be the Independent Directors and Chairman/Member of the Committee(s) of the Company from end of the day i.e. July 31, 2024. Reported Earnings • Jul 25
First quarter 2025 earnings released: EPS: ₹1.41 (vs ₹8.24 in 1Q 2024) First quarter 2025 results: EPS: ₹1.41 (down from ₹8.24 in 1Q 2024). Revenue: ₹1.82b (down 17% from 1Q 2024). Net income: ₹25.2m (down 83% from 1Q 2024). Profit margin: 1.4% (down from 6.7% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Jul 24
Butterfly Gandhimathi Appliances Limited Announces Executive Changes Butterfly Gandhimathi Appliances Limited announced Mr. Vinayak Raj Anandaram, currently overseeing Category Marketing and a designated Senior Management Personnel of the Company shall cease to be a Senior Management Personnel with effect from July 24, 2024, due to transitioning to a new role within the Holding Company. Mr. Kavin Malan R has been appointed as Head of Consumer Marketing and designated as a Senior Management Personnel, effective from July 24, 2024, by the Board of Directors based on the recommendation of the Nomination & Remuneration Committee. Mr. Kavin Malan R holds a Bachelor of Engineering in Electrical and Electronics Engineering. Additionally, he has completed Postgraduate Diploma in Digital Business from MIT Sloan and Columbia Business School and MBA from VIT Business School. Mr. Kavin Malan R has over 16 years of experience in various areas including brand management, trade marketing and digital marketing. Previously, he was associated with Versuni India Home Solutions Limited. Prior to that, he had worked with companies such as VVD and Sons Pvt. Ltd., Cavin Kare Pvt. Ltd. Reported Earnings • Jun 25
Full year 2024 earnings released: EPS: ₹4.13 (vs ₹28.90 in FY 2023) Full year 2024 results: EPS: ₹4.13 (down from ₹28.90 in FY 2023). Revenue: ₹9.31b (down 12% from FY 2023). Net income: ₹73.9m (down 86% from FY 2023). Profit margin: 0.8% (down from 4.9% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Jun 14
Butterfly Gandhimathi Appliances Limited Approves Resignation of Rangarajan Sriram as Managing Director Butterfly Gandhimathi Appliances Limited at its board meeting held on June 13, 2024 approved resignation of Mr. Rangarajan Sriram as the Managing Director, and as a Key Managerial Personnel of the Company, effective from the close of business hours of June 14, 2024, to pursue career options outside the organisation. To ensure a seamless transition, he shall continue to be an employee till August 7, 2024. Reason for change: Resignation of Mr. Rangarajan Sriram as the Managing Director of the Company. Announcement • May 17
Butterfly Gandhimathi Appliances Limited, Annual General Meeting, Jul 19, 2024 Butterfly Gandhimathi Appliances Limited, Annual General Meeting, Jul 19, 2024, at 15:00 Indian Standard Time. Announcement • May 15
Butterfly Gandhimathi Appliances Limited Announces Elevation of Swetha Sagar G as Chief Business Officer Butterfly Gandhimathi Appliances Limited at its board meeting held on May 14, 2024, announced Ms. Swetha Sagar G currently Product Line Head Kitchen Appliances is elevated as the Chief Business Officer of the Company with effect from May 14, 2024. There are no changes in the other terms and conditions of her appointment. Ms. Swetha holds a Bachelor of Engineering in Electronics & Communication Engineering from TEC, Madras University. Additionally, she has completed the Advanced Program for Marketing Professionals from IIM Calcutta and holds an MBA in Marketing and HR from the Indian Institute of Planning & Management. Ms. Swetha has over 19 years of experience in various areas including P&L Management, Strategic Planning, New Market Assessment, Brand Management, and Channel Management. Previously, she was associated with Versuni India Home Solutions Limited. Prior to that, she had worked with notable companies such as Hindustan Coca-Cola, Hutchison Essar, EID Parry, and Lavazza India etc. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹885, the stock trades at a trailing P/E ratio of 55.1x. Average trailing P/E is 42x in the Consumer Durables industry in India. Total returns to shareholders of 69% over the past three years. Reported Earnings • Feb 06
Third quarter 2024 earnings released: ₹1.21 loss per share (vs ₹6.57 profit in 3Q 2023) Third quarter 2024 results: ₹1.21 loss per share (down from ₹6.57 profit in 3Q 2023). Revenue: ₹2.39b (down 3.7% from 3Q 2023). Net loss: ₹21.6m (down 118% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Jan 28
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive & Non-Independent Director Promeet Ghosh was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 09
Butterfly Gandhimathi Appliances Limited Appoints V A Joseph as the Chief Financial Officer Butterfly Gandhimathi Appliances Limited at its board meeting held on November 9, 2023, announced that upon recommendation of Nomination and Remuneration Committee and Audit Committee considered and approved the appointment of Mr. V A Joseph as the Chief Financial Officer of the Company with effect from November 9, 2023 and is designated as Key Managerial Personnel of the Company. Mr. V A Joseph is a qualified Chartered Accountant having more than Three (3) decades of industry experience. He held senior positions in various spectrum of Finance handling accounting, corporate finance, taxation, sale finance, treasury, factory operations, cost saving initiatives and audit. Currently Mr. Joseph is Vice President - Finance of M/s. Crompton Greaves Consumer Electricals, Holding Company of the Company. During his 20 years of successful journey in Crompton, Mr. Joseph handled various roles in business units and corporate including special projects viz, acquisitions, demerger, fund raising, listing etc. Mr. Joseph is regarded as a go-to person, and he believes in collaborative approach. Announcement • Nov 02
Non-Institutional Investors of Butterfly Gandhimathi Defeat Merger Proposal Shareholders of Butterfly Gandhimathi Appliances Limited (BSE:517421) have rejected the company's merger proposal with Crompton Greaves Consumer Electricals Limited (NSEI:CROMPTON). In the shareholders' meeting held on October 28, about 96% of the non-institutional public shareholders voted against the resolutions, even though 63% of institutional investors favoured it."While the approval to the scheme from the majority in number representing three-fourths in value of the equity shareholders (including public shareholders) of Butterfly was obtained at the meeting, approval of a majority of the public shareholders of the Butterfly was not received in favour of the scheme at the said meeting of the shareholders," Butterfly said in an exchange filing. The special resolution required votes to be in favour of not less than three times the number of the votes cast against. Shares of Butterfly Gandhimathi Appliances fell nearly 7% to close at INR 1,088.10, while CG Consumer Electricals declined 0.5% to close at INR 281.95. In an exchange filing, CG Consumer and Butterly said the development will not significantly change their growth strategy. Reported Earnings • Oct 20
Second quarter 2024 earnings released: EPS: ₹8.16 (vs ₹14.05 in 2Q 2023) Second quarter 2024 results: EPS: ₹8.16 (down from ₹14.05 in 2Q 2023). Revenue: ₹3.09b (down 16% from 2Q 2023). Net income: ₹145.9m (down 42% from 2Q 2023). Profit margin: 4.7% (down from 6.8% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 05
Butterfly Gandhimathi Appliances Limited to Report Q2, 2024 Results on Oct 20, 2023 Butterfly Gandhimathi Appliances Limited announced that they will report Q2, 2024 results on Oct 20, 2023 Announcement • Oct 01
Butterfly Gandhimathi Appliances Limited Announces Resignation of Ananda Shalini as Chief Financial Officer and Key Managerial Personnel, Effective October 20, 2023 Butterfly Gandhimathi Appliances Limited informed that Ms. Ananda Shalini, Chief Financial Officer and Key Managerial Personnel, has tendered her resignation vide her email dated September 29, 2023 in order to pursue opportunities outside the company and will be relieved from her duties effective close of business hours of October 20, 2023. Ms. Ananda Shalini will also cease to be a Key Managerial Personnel under the provision of section 203 and other applicable provisions, if any, of the Companies Act, 2013 and regulation 30(5) of the SEBI (LODR) Regulations for determining materiality of any event or transaction for making required disclosure to the Stock Exchanges effective close of business hours of October 20, 2023. Announcement • Aug 12
Butterfly Gandhimathi Appliances Limited Announces Launch of Products The Board of Directors of Butterfly Gandhimathi Appliances Limited (SEBI LODR) details with respect to the product launch, as required under Regulation 30 of the SEBI LODR read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023. Blueline Thermal Cooker 1 Kg; Date of launch: June 25, 2023; Category of the product: Pressure Cookers; Market: Domestic. Blueline Thermal Cooker 1.5 Kg: Date of launch: July 01, 2023; Category of the product: Pressure Cookers; Market: Domestic. Matchless Multi Kettle 1.2 Ltrs: Date of launch: July 01, 2023; Category of the product: Electric Kettle; Market: Domestic. Magnum Lite 1.5L: Date of launch: July 30, 2023; Category of the product: Table Top Wet Grinder; Market: Domestic. Magnum Plus 2L: Date of launch: August 01, 2023; Category of the product: Table Top Wet Grinder; Market: Domestic. Juice Master-900W: Date of launch: August 04, 2023; Category of the product: Juicer Mixer Grinder; Market: Domestic. Bolt Shakti 3b: Date of launch: July 30, 2023; Category of the product: LPG Stoves SS; Market: Domestic. Magnum 2b: Date of launch: July 30, 2023; Category of the product: LPG Stoves SS; Market: Domestic. Magnum 3b: Date of launch: July 30, 2023; Category of the product: LPG Stoves SS; Market: Domestic. Magnum 4b: Date of launch: July 30, 2023; Category of the product: LPG Stoves SS; Market: Domestic. Reported Earnings • Aug 01
First quarter 2024 earnings released: EPS: ₹8.24 (vs ₹7.40 in 1Q 2023) First quarter 2024 results: EPS: ₹8.24 (up from ₹7.40 in 1Q 2023). Revenue: ₹2.20b (down 13% from 1Q 2023). Net income: ₹147.3m (up 11% from 1Q 2023). Profit margin: 6.7% (up from 5.2% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 113% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 24
Full year 2023 earnings released: EPS: ₹28.90 (vs ₹9.02 in FY 2022) Full year 2023 results: EPS: ₹28.90 (up from ₹9.02 in FY 2022). Revenue: ₹10.6b (up 10% from FY 2022). Net income: ₹516.7m (up 220% from FY 2022). Profit margin: 4.9% (up from 1.7% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 103% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Jun 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Additional Non-Executive & Non-Independent Director Promeet Ghosh was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 13
Full year 2023 earnings released: EPS: ₹28.90 (vs ₹9.02 in FY 2022) Full year 2023 results: EPS: ₹28.90 (up from ₹9.02 in FY 2022). Revenue: ₹10.6b (up 5.8% from FY 2022). Net income: ₹516.7m (up 220% from FY 2022). Profit margin: 4.9% (up from 1.6% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 124% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 13
Butterfly Gandhimathi Appliances Limited, Annual General Meeting, Jul 19, 2023 Butterfly Gandhimathi Appliances Limited, Annual General Meeting, Jul 19, 2023. Agenda: To appoint Promeet Ghosh as an Additional Director ( Non-Executive Non-Independent) of the Company with effect from May 12, 2023. Announcement • Feb 04
Butterfly Gandhimathi Appliances Limited Announces Resignation of Priya Varshinee V M as Company Secretary & Compliance Officer Butterfly Gandhimathi Appliances Limited announced that Ms. Priya Varshinee V M, company secretary & compliance officer has tendered her resignation to pursue other opportunities outside the company with effect from close of business hour of February 3, 2023. Reported Earnings • Jan 24
Third quarter 2023 earnings released: EPS: ₹6.57 (vs ₹5.08 in 3Q 2022) Third quarter 2023 results: EPS: ₹6.57 (up from ₹5.08 in 3Q 2022). Revenue: ₹2.50b (down 3.1% from 3Q 2022). Net income: ₹117.4m (up 29% from 3Q 2022). Profit margin: 4.7% (up from 3.5% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 80% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 16
Butterfly Gandhimathi Appliances Limited to Report Q3, 2023 Results on Jan 23, 2023 Butterfly Gandhimathi Appliances Limited announced that they will report Q3, 2023 results on Jan 23, 2023 Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Chairman Pangulury Murty was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 10
Butterfly Gandhimathi Appliances Limited Announces Resignation of P. R. Ramesh as Independent Director Butterfly Gandhimathi Appliances Limited announced that Mr. P. R. Ramesh, vide his e-mail dated 9 November 2022 has tendered his resignation from the office of independent director on the Board of the company with effect from the close of business hours of 9 November 2022. Mr. P. R. Ramesh has resigned from his position of independent Director on account of realignment of his portfolio of directorships held and confirmed that, there are no other material reasons for him to resign from the company as an Independent Director. Mr. P. R. Ramesh would continue to be on the board of the Holding Company, Crompton Greaves Consumer Electricals Limited as an Independent Director. Reported Earnings • Oct 17
Second quarter 2023 earnings released: EPS: ₹14.05 (vs ₹14.24 in 2Q 2022) Second quarter 2023 results: EPS: ₹14.05 (down from ₹14.24 in 2Q 2022). Revenue: ₹3.71b (down 7.9% from 2Q 2022). Net income: ₹251.3m (down 1.3% from 2Q 2022). Profit margin: 6.8% (up from 6.3% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 130% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 09
Butterfly Gandhimathi Appliances Limited to Report Q2, 2023 Results on Oct 15, 2022 Butterfly Gandhimathi Appliances Limited announced that they will report Q2, 2023 results at 12:15 PM, Indian Standard Time on Oct 15, 2022 Announcement • Jul 07
Butterfly Gandhimathi Appliances Limited to Report Q1, 2023 Results on Jul 14, 2022 Butterfly Gandhimathi Appliances Limited announced that they will report Q1, 2023 results at 12:15 PM, Indian Standard Time on Jul 14, 2022 Reported Earnings • Jun 24
Full year 2022 earnings released: EPS: ₹9.02 (vs ₹20.22 in FY 2021) Full year 2022 results: EPS: ₹9.02 (down from ₹20.22 in FY 2021). Revenue: ₹10.1b (up 16% from FY 2021). Net income: ₹161.3m (down 55% from FY 2021). Profit margin: 1.6% (down from 4.2% in FY 2021). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has increased by 83% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 23
Butterfly Gandhimathi Appliances Limited, Annual General Meeting, Jul 14, 2022 Butterfly Gandhimathi Appliances Limited, Annual General Meeting, Jul 14, 2022, at 15:00 Indian Standard Time. Location: E-34 Second Floor, Rajiv Gandhi Salai, Egattur Village, Navalur Channai Tamil Nadu India Agenda: To receive, consider and adopt audited financial statements of the company for the financial year ended March 31, 2022 together with the report of the Board of Directors and the Auditors thereon; to consider confirmation of the payment of the Interim Dividend; to consider re-appointment of M/s. ASA & Associates LLP, Chartered Accountants as Statutory Auditors of the company and to fix their remuneration; and to consider other matters of the business. Board Change • Jun 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Executive Chairman Pangulury Murty was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 13
Full year 2022 earnings released: EPS: ₹9.02 (vs ₹20.22 in FY 2021) Full year 2022 results: EPS: ₹9.02 (down from ₹20.22 in FY 2021). Revenue: ₹10.1b (up 16% from FY 2021). Net income: ₹161.3m (down 55% from FY 2021). Profit margin: 1.6% (down from 4.2% in FY 2021). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has increased by 100% per year, which means it is tracking significantly ahead of earnings growth. Board Change • May 02
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Executive Chairman Pangulury Murty was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Price Target Changed • Apr 27
Price target increased to ₹1,620 Up from ₹285, the current price target is provided by 1 analyst. New target price is 15% above last closing price of ₹1,409. The company posted earnings per share of ₹20.22 last year. Announcement • Apr 03
Butterfly Gandhimathi Appliances Limited Announces Board and Committees Appointments Butterfly Gandhimathi Appliances Limited announced that the board of directors of the company at their meeting held April 1, 2022 has approved the following appointments with immediate effect. Mr. P. M. Murty as Additional and Independent Director, Ms. Smita Anand as Additional and Independent Director, and Mr. P R Ramesh as Additional and Independent Director. Audit Committee: Mr. P.R. Ramesh as Chairman of Audit Committee, Mr. P. M. Murty as Member, Ms. Smita Anand as Member, Mr. Shantanu Khosla as Member of audit committee. Nomination and Remuneration Committee: Ms. Smita Anand as Chairperson of Nomination and Remuneration Committee, Mr. P. M. Murty as Member, Mr. P. R. Ramesh as Member, Mr. Shantanu Khosla as Member. Stakeholders Relationship Committee: Mr. Mathew Job as Chairman of Stakeholders Relationship Committee, Mr. R. Sriram as Member, Ms. Smita Anand as Member, Mr. M. Padmanabhan as Member, and Mr. T. R. Srinivasan as Member. Risk Management Committee: Mr. P. R. Ramesh as Chairman of Risk Management Committee, Mr. P. M. Murty as Member, Ms. Smita Anand as Member, Mr. Shantanu Khosla as Member, Mr. A. Balasubramanian as Member, Mr. M. Padmanabhan as Member, Mr. G. S. Samuel as Member Corporate Social Responsibility Committee: Mr. Shantanu Khosla as Chairman of Corporate Social Responsibility Committee, Mr. P. M. Murty as Member, Ms. Smita Anand as Member, Mr. R. Sriram as Member, Mr. T. R. Srinivasan as Member, Mr. G. S. Samuel as Member, and Ms. Maheshwari Mohan as Member. Announcement • Mar 06
Butterfly Gandhimathi Appliances Limited Announces Resignation of K. Ganesan as Independent Director Butterfly Gandhimathi Appliances Limited inform that Mr. K. Ganesan, Independent Director vide his letter dated March 03, 2022 has tendered his resignation from the office of Independent Director of the company with effect from close of business hours on March 03, 2022. Mr. K. Ganesan has resigned from his position of an Independent Director owing to his advancing age and health issues. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improved over the past week After last week's 19% share price gain to ₹1,396, the stock trades at a trailing P/E ratio of 56.3x. Average trailing P/E is 36x in the Consumer Durables industry in India. Total returns to shareholders of 706% over the past three years. Reported Earnings • Feb 09
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹5.08 (down from ₹10.37 in 3Q 2021). Revenue: ₹2.58b (down 13% from 3Q 2021). Net income: ₹90.9m (down 51% from 3Q 2021). Profit margin: 3.5% (down from 6.3% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has increased by 82% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improved over the past week After last week's 16% share price gain to ₹1,251, the stock trades at a trailing P/E ratio of 41.4x. Average trailing P/E is 39x in the Consumer Durables industry in India. Total returns to shareholders of 512% over the past three years. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 16% share price gain to ₹1,276, the stock trades at a trailing P/E ratio of 42.3x. Average trailing P/E is 38x in the Consumer Durables industry in India. Total returns to shareholders of 392% over the past three years. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment improved over the past week After last week's 20% share price gain to ₹1,049, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 35x in the Consumer Durables industry in India. Total returns to shareholders of 360% over the past three years. Reported Earnings • Oct 29
Second quarter 2022 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹4.03b (up 40% from 2Q 2021). Net income: ₹254.7m (up 48% from 2Q 2021). Profit margin: 6.3% (up from 6.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment improved over the past week After last week's 15% share price gain to ₹973, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 38x in the Consumer Durables industry in India. Total returns to shareholders of 271% over the past three years. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 15% share price gain to ₹843, the stock trades at a trailing P/E ratio of 33x. Average trailing P/E is 37x in the Consumer Durables industry in India. Total returns to shareholders of 186% over the past three years. Reported Earnings • Jul 02
Full year 2021 earnings released: EPS ₹20.22 (vs ₹2.23 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹8.70b (up 28% from FY 2020). Net income: ₹361.6m (up ₹321.8m from FY 2020). Profit margin: 4.2% (up from 0.6% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Executive Departure • May 28
Compliance Officer, Company Secretary & GM of Legal has left the company On the 18th of May, K. Ramakrishnan's tenure as Compliance Officer, Company Secretary & GM of Legal ended after 4.9 years in the role. We don't have any record of a personal shareholding under Ramakrishnan's name. Ramakrishnan is the only executive to leave the company over the last 12 months. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improved over the past week After last week's 23% share price gain to ₹784, the stock trades at a trailing P/E ratio of 38.8x. Average trailing P/E is 40x in the Consumer Durables industry in India. Total returns to shareholders of 77% over the past three years. Reported Earnings • May 22
Full year 2021 earnings released: EPS ₹20.22 (vs ₹2.23 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹8.71b (up 28% from FY 2020). Net income: ₹361.6m (up ₹321.8m from FY 2020). Profit margin: 4.2% (up from 0.6% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 19% per year. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improved over the past week After last week's 15% share price gain to ₹635, the stock trades at a trailing P/E ratio of 55.7x. Average trailing P/E is 43x in the Consumer Durables industry in India. Total returns to shareholders of 24% over the past three years. Upcoming Dividend • Feb 23
Upcoming Dividend of ₹1.50 Per Share Will be paid on the 21st of March to those who are registered shareholders by the 2nd of March. The trailing yield of 0.5% is below the top quartile of Indian dividend payers (1.9%), but it is higher than industry peers (0.4%). Reported Earnings • Feb 04
Third quarter 2021 earnings released: EPS ₹10.37 (vs ₹0.43 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹2.98b (up 71% from 3Q 2020). Net income: ₹187.2m (up ₹176.0m from 3Q 2020). Profit margin: 6.3% (up from 0.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 04
New 90-day high: ₹585 The company is up 71% from its price of ₹343 on 05 November 2020. The Indian market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 35% over the same period. Announcement • Jan 19
Butterfly Gandhimathi Appliances Limited to Report Q3, 2021 Results on Feb 03, 2021 Butterfly Gandhimathi Appliances Limited announced that they will report Q3, 2021 results on Feb 03, 2021 Is New 90 Day High Low • Jan 06
New 90-day high: ₹482 The company is up 71% from its price of ₹282 on 08 October 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 32% over the same period. Recent Insider Transactions • Dec 18
Senior Vice President of Marketing recently bought ₹430k worth of stock On the 10th of December, V. M. Karthikeyan bought around 1k shares on-market at roughly ₹430 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₹5.1m more in shares than they bought in the last 12 months. Is New 90 Day High Low • Dec 08
New 90-day high: ₹430 The company is up 112% from its price of ₹203 on 09 September 2020. The Indian market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 18% over the same period. Reported Earnings • Nov 05
Second quarter 2021 earnings released: EPS ₹9.52 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹2.89b (up 20% from 2Q 2020). Net income: ₹172.0m (up 105% from 2Q 2020). Profit margin: 5.9% (up from 3.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Nov 04
New 90-day high: ₹327 The company is up 162% from its price of ₹125 on 06 August 2020. The Indian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 9.0% over the same period. Announcement • Oct 28
Butterfly Gandhimathi Appliances Limited to Report Q2, 2021 Results on Nov 04, 2020 Butterfly Gandhimathi Appliances Limited announced that they will report Q2, 2021 results on Nov 04, 2020 Is New 90 Day High Low • Oct 19
New 90-day high: ₹299 The company is up 143% from its price of ₹123 on 21 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 5.0% over the same period. Is New 90 Day High Low • Sep 30
New 90-day high: ₹280 The company is up 106% from its price of ₹136 on 02 July 2020. The Indian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 11% over the same period. 
