Butterfly Gandhimathi Appliances Limited (BUTTERFLY) AI Stock Analysis

• Market Cap: ₹10.86B
• Dividend Yield: N/A
• Average Volume (3M): 961.00
• Price to Earnings (P/E): 26.6
• Beta (1Y): 0.87
• Revenue Growth: 7.32%
• EPS Growth: N/A
• Country: IN
• Employees: 1,217
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): 9.51
• Shares Outstanding: 17,879,553
• 10 Day Avg. Volume: 594
• 30 Day Avg. Volume: 961
• PEG Ratio: 0.10
• Price to Book (P/B): 3.34
• Price to Sales (P/S): 1.26
• P/FCF Ratio: 46.44
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: ₹657.00 ▲(3.10% Upside)

The overall stock score is primarily driven by a strong financial performance, highlighted by a robust balance sheet and efficient cost management. However, the high P/E ratio and overbought technical indicators suggest caution. The absence of a dividend yield and declining revenue further weigh on the stock's attractiveness.

Positive Factors

Balance Sheet Strength

Very high equity share and minimal debt give the company durable financial flexibility. Low leverage reduces bankruptcy risk, supports capital allocation for capex or working capital, and makes the firm resilient to cyclical demand swings over the next 2-6 months.

Margin Improvement

Sustained EBIT margin improvement signals structural cost control and operational leverage in manufacturing and distribution. Higher operating profitability enhances cash generation potential and cushions earnings against modest revenue volatility going forward.

Free Cash Flow Growth

Material FCF growth indicates improving conversion of earnings into spendable cash. Strong cash generation supports reinvestment, debt servicing and shareholder returns, and provides buffer for working capital needs during industry cycles.

Negative Factors

Revenue Decline

A tangible revenue decline raises concerns about demand, market share or channel execution. If persistent, it limits operating leverage benefits, constrains absolute profit growth, and forces management to rely on margin gains rather than top-line expansion.

Low Net Profit Margin

Thin net margins reduce earnings resilience and limit retained earnings for reinvestment. Even with strong EBIT, low bottom-line conversion leaves less room to absorb cost shocks, higher input prices, or increased SG&A, affecting long-term earnings durability.

Cash Conversion Limits

While cash generation grew, sub-1 FCF/net income and only moderate operating cash conversion suggest working capital or capex needs still consume earnings. This may constrain sustainable cash available for growth investments or distributions.

Butterfly Gandhimathi Appliances Limited Business Overview & Revenue Model

Company Description

Butterfly Gandhimathi Appliances Limited manufactures and sells domestic kitchen and electrical appliances under the Butterfly brand name in India and internationally. The company's kitchen appliances comprise LPG stoves, mixer grinders, electric rice cookers, pressure cookers, wet grinders, chimneys, power hobs, and built in hobs; non-stick cookware; and breakfast appliances, such as hand blenders and mixers, pop up toaster, sandwich makers, juicer mixer grinder, flasks, vegetable choppers, and water bottles. It also offers electrical appliances, including iron box, air coolers, washers, tower fans, electric kettles, and egg boilers. The company was formerly known as Gandhimathi Appliances Limited and changed its name to Butterfly Gandhimathi Appliances Limited in October 2011. The company was incorporated in 1986 and is based in Navalur, India. Butterfly Gandhimathi Appliances Limited is a subsidiary of Crompton Greaves Consumer Electricals Limited.

How the Company Makes Money

Butterfly Gandhimathi Appliances Limited generates revenue primarily through the sale of its wide array of kitchen and home appliances. The company's revenue model is based on direct sales to consumers through various channels, including retail stores, e-commerce platforms, and its own distribution network. Key revenue streams include the sale of mixer grinders, pressure cookers, and cooking ranges. Additionally, Butterfly has established partnerships with various retail chains and online marketplaces, enhancing its reach and visibility in the market. The company also benefits from brand loyalty and repeat customers, which contribute to steady sales growth. Seasonal promotions and product launches further bolster its revenue, allowing Butterfly to capitalize on consumer demand in a competitive landscape.

Butterfly Gandhimathi Appliances Limited Financial Statement Overview

Summary

Butterfly Gandhimathi Appliances Limited demonstrates a robust balance sheet with low leverage and strong equity, coupled with efficient cost management reflected in improving EBIT margins. However, declining revenue and moderate net profit margins indicate potential growth challenges. The company's cash flow position has improved but requires monitoring to ensure continued financial health.

Income Statement

Butterfly Gandhimathi Appliances Limited shows a stable gross profit margin with a strong EBIT margin improvement to 25.32% in the latest year, indicating efficient cost management. However, there is a recent decline in total revenue by 7.18% from the previous year, and net profit margin is relatively low at 3.76%, suggesting challenges in translating revenue into profit.

Balance Sheet

The company's balance sheet reflects strong equity with an equity ratio of 69.23%, indicating a solid capital structure. The debt-to-equity ratio is low at 0.04, signifying low financial leverage. Return on equity has improved to 10.00%, but there is room for growth in asset utilization and profitability.

Cash Flow

Free cash flow has grown by 31.21% compared to the previous year, showing positive cash generation. However, the operating cash flow to net income ratio is moderate at 1.03, and the free cash flow to net income ratio stands at 0.72, suggesting potential challenges in sustaining cash flow levels.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	8.70B	8.65B	9.31B	10.57B	9.97B	8.66B
Gross Profit	3.31B	3.23B	3.28B	2.57B	3.64B	3.59B
EBITDA	757.44M	652.52M	273.73M	1.03B	505.59M	812.73M
Net Income	364.48M	325.33M	73.90M	516.66M	161.27M	361.58M
Balance Sheet
Total Assets	0.00	4.70B	5.36B	5.03B	5.18B	4.89B
Cash, Cash Equivalents and Short-Term Investments	941.48M	984.71M	730.81M	576.88M	12.05M	329.98M
Total Debt	0.00	122.36M	37.35M	49.34M	533.20M	293.85M
Total Liabilities	-3.25B	1.45B	2.44B	2.17B	2.83B	2.65B
Stockholders Equity	3.25B	3.25B	2.92B	2.86B	2.35B	2.24B
Cash Flow
Free Cash Flow	0.00	234.02M	178.38M	1.11B	-393.33M	1.98B
Operating Cash Flow	0.00	336.40M	368.47M	1.22B	-210.77M	2.11B
Investing Cash Flow	0.00	-547.38M	-211.13M	-293.77M	-179.47M	-124.53M
Financing Cash Flow	0.00	-101.47M	-75.13M	-607.30M	73.78M	-1.66B

Butterfly Gandhimathi Appliances Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 637.25
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BUTTERFLY, the sentiment is Negative. The current price of 637.25 is above the 20-day moving average (MA) of 612.91, below the 50-day MA of 651.37, and below the 200-day MA of 700.66, indicating a bearish trend. The MACD of -15.57 indicates Negative momentum. The RSI at 43.35 is Neutral, neither overbought nor oversold. The STOCH value of 21.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BUTTERFLY.

Butterfly Gandhimathi Appliances Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BUTTERFLY	66 Neutral	₹10.86B	26.65	―	―	7.32%	―
TTKPRESTIG	63 Neutral	₹80.75B	97.13	―	0.97%	4.48%	-49.18%
IFBIND	63 Neutral	₹45.43B	37.94	―	―	12.08%	28.97%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
ORIENTELEC	60 Neutral	₹38.44B	44.27	―	0.82%	6.63%	42.16%
BAJAJELEC	57 Neutral	₹47.73B	46.24	―	0.62%	0.80%	-4.31%
STOVEKRAFT	55 Neutral	₹16.34B	43.68	―	0.50%	7.89%	32.07%

Butterfly Gandhimathi Appliances Limited Corporate Events

Butterfly Gandhimathi Announces Director Resignation

Butterfly Gandhimathi Appliances Limited has announced the resignation of Mr. Shantanu Khosla as a Non-Executive, Non-Independent Director, effective December 31, 2025. His departure is due to the end of his tenure on the board of Crompton Greaves Consumer Electricals Limited, the holding company of Butterfly Gandhimathi. This change will also see Mr. Khosla stepping down from his roles in the Risk Management Committee and as Chairperson of the Corporate Social Responsibility Committee. The company has clarified that there are no material reasons for his resignation beyond the stated conclusion of his tenure.