BSE:517421

Stock Analysis Report

Butterfly Gandhimathi Appliances

Executive Summary

Butterfly Gandhimathi Appliances Limited manufactures and sells domestic kitchen and electrical appliances under the Butterfly brand name in India.


Snowflake Analysis

Solid track record with imperfect balance sheet.


Similar Companies

Share Price & News

How has Butterfly Gandhimathi Appliances's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 517421's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-6.0%

517421

-2.5%

IN Consumer Durables

-3.5%

IN Market


1 Year Return

5.5%

517421

30.5%

IN Consumer Durables

5.2%

IN Market

Return vs Industry: 517421 underperformed the Indian Consumer Durables industry which returned 31.8% over the past year.

Return vs Market: 517421 matched the Indian Market which returned 6.4% over the past year.


Shareholder returns

517421IndustryMarket
7 Day-6.0%-2.5%-3.5%
30 Day-26.7%1.9%-3.9%
90 Day-9.4%13.5%-2.1%
1 Year5.5%5.5%31.5%30.5%7.2%5.2%
3 Year9.2%9.2%46.6%44.1%18.9%12.4%
5 Year-11.6%-12.2%99.4%93.9%29.4%17.7%

Price Volatility Vs. Market

How volatile is Butterfly Gandhimathi Appliances's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Butterfly Gandhimathi Appliances undervalued compared to its fair value and its price relative to the market?

27.39x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 517421 (₹190.65) is trading above our estimate of fair value (₹95.82)

Significantly Below Fair Value: 517421 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 517421 is poor value based on its PE Ratio (27.4x) compared to the Consumer Durables industry average (24x).

PE vs Market: 517421 is poor value based on its PE Ratio (27.4x) compared to the Indian market (13x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 517421's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 517421 is overvalued based on its PB Ratio (1.8x) compared to the IN Consumer Durables industry average (1.4x).


Next Steps

Future Growth

How is Butterfly Gandhimathi Appliances forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.1%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Butterfly Gandhimathi Appliances has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Butterfly Gandhimathi Appliances performed over the past 5 years?

9.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 517421 has high quality earnings.

Growing Profit Margin: 517421's current net profit margins (1.8%) are higher than last year (1.5%).


Past Earnings Growth Analysis

Earnings Trend: 517421's earnings have grown by 9.8% per year over the past 5 years.

Accelerating Growth: 517421's earnings growth over the past year (42.6%) exceeds its 5-year average (9.8% per year).

Earnings vs Industry: 517421 earnings growth over the past year (42.6%) exceeded the Consumer Durables industry 15.6%.


Return on Equity

High ROE: 517421's Return on Equity (6.4%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Butterfly Gandhimathi Appliances's financial position?


Financial Position Analysis

Short Term Liabilities: 517421's short term assets (₹4.0B) exceed its short term liabilities (₹3.3B).

Long Term Liabilities: 517421's short term assets (₹4.0B) exceed its long term liabilities (₹373.0M).


Debt to Equity History and Analysis

Debt Level: 517421's debt to equity ratio (85.5%) is considered high.

Reducing Debt: 517421's debt to equity ratio has increased from 80.9% to 85.5% over the past 5 years.

Debt Coverage: 517421's debt is not well covered by operating cash flow (16%).

Interest Coverage: 517421's interest payments on its debt are not well covered by EBIT (2.1x coverage).


Balance Sheet

Inventory Level: 517421 has a high level of physical assets or inventory.

Debt Coverage by Assets: 517421's debt is covered by short term assets (assets are 2.3x debt).


Next Steps

Dividend

What is Butterfly Gandhimathi Appliances's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.7%industryaverage0.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 517421's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 517421's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 517421's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 517421's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 517421 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 517421's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.4yrs

Average management tenure


CEO

V. Lakshminarayanan (71yo)

8.2yrs

Tenure

₹5,940,000

Compensation

Mr. V. M. Lakshminarayanan has been the Managing Director at Butterfly Gandhimathi Appliances Ltd. since December 1, 2011. Mr. Lakshminarayanan is an Industrialist and is expertise in Home Appliances. He h ...


CEO Compensation Analysis

Compensation vs Market: V.'s total compensation ($USD82.70K) is above average for companies of similar size in the Indian market ($USD49.94K).

Compensation vs Earnings: V.'s compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
V. Lakshminarayanan
Chairman & MD8.2yrs₹5.94m5.6% 191.7m
V. Balasubramaniam
Vice Chairman & MD0yrs₹5.84m3.19% 109.2m
V. Seshadri
MD & Director8.7yrs₹5.74m7% 239.7m
Viswanathan Kumaresan
Executive Director of Technical & Director12.7yrs₹5.54m2.73% 93.4m
Rajamani Viswanathan
Senior Vice President of Sales & Marketing0yrsno datano data
V. Gangadharam
Executive Director25.3yrs₹5.54m2.76% 94.6m
V. M. Viswanathan
Senior Vice President of Materials Management0yrsno data0.090% 3.1m
V. M. Karthikeyan
Senior Vice President of Marketing8.7yrsno data0.50% 17.0m
R. Nagarajan
Chief Financial Officer0yrs₹2.23mno data
K. Ramakrishnan
Compliance Officer3.6yrs₹2.63mno data

8.4yrs

Average Tenure

60yo

Average Age

Experienced Management: 517421's management team is seasoned and experienced (8.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
V. Lakshminarayanan
Chairman & MD8.2yrs₹5.94m5.6% 191.7m
V. Balasubramaniam
Vice Chairman & MD0yrs₹5.84m3.19% 109.2m
V. Seshadri
MD & Director8.7yrs₹5.74m7% 239.7m
Viswanathan Kumaresan
Executive Director of Technical & Director12.7yrs₹5.54m2.73% 93.4m
V. Gangadharam
Executive Director25.3yrs₹5.54m2.76% 94.6m
M. Padmanabhan
Independent Non-Executive Director21.1yrs₹510.00kno data
K. Ganesan
Independent Non-Executive Director21.1yrs₹510.00kno data
G. Samuel
Independent Non-Executive Director7.8yrs₹165.00kno data
A. Balasubramanian
Independent Non-Executive Director8.3yrs₹345.00kno data
T. Srinivasan
Independent Non-Executive Director6.7yrs₹135.00kno data

8.7yrs

Average Tenure

69.5yo

Average Age

Experienced Board: 517421's board of directors are considered experienced (8.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 517421 insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Butterfly Gandhimathi Appliances Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Butterfly Gandhimathi Appliances Limited
  • Ticker: 517421
  • Exchange: BSE
  • Founded: 1986
  • Industry: Household Appliances
  • Sector: Consumer Durables
  • Market Cap: ₹3.424b
  • Shares outstanding: 17.88m
  • Website: https://www.butterflyindia.com

Number of Employees


Location

  • Butterfly Gandhimathi Appliances Limited
  • E-34, Rajiv Gandhi Salai
  • Second Floor
  • Navalur
  • Tamil Nadu
  • 600130
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
517421BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 2005
BUTTERFLYNSEI (National Stock Exchange of India)YesEquity SharesININRMay 2005

Biography

Butterfly Gandhimathi Appliances Limited manufactures and sells domestic kitchen and electrical appliances under the Butterfly brand name in India. The company’s kitchen appliances comprise mixer grinders, LPG stoves, pressure cookers, electric rice cookers, table top wet grinders, juicers, hand blenders, chimneys, power hobs, pop-up toasters, sandwich makers, and water kettles. It also offers home appliances, including air coolers, electric fans, water heaters, and electric irons; and stainless steel and non-stick cookware, as well as washing machines. Butterfly Gandhimathi Appliances Limited also exports its products the United States, Mauritius, Sri Lanka, Japan, and the United Arab Emirates. The company was formerly known as Gandhimathi Appliances Limited and changed its name to Butterfly Gandhimathi Appliances Limited in October 2011. Butterfly Gandhimathi Appliances Limited was founded in 1986 and is headquartered in Navalur, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 12:33
End of Day Share Price2020/02/26 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.