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HomeMarket NewsButterfly Gandhimathi shares surge 15% after strong Q4
Butterfly Gandhimathi reported double-digit growth across product categories, with pressure cookers and gas stoves emerging as key growth drivers.
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Shares of Butterfly Gandhimathi Appliances Ltd. surged more than 15% on Tuesday, May 12, after the company reported a healthy set of March quarter (Q4FY26) earnings that were largely in-line with Street expectations.
The company's revenue growth during the quarter was supported by strong demand for induction cooktops and electric cookers, amid higher LPG prices and supply concerns.
Butterfly Gandhimathi reported double-digit growth across product categories, with pressure cookers and gas stoves emerging as key growth drivers.
Its core product portfolio includes mixer grinders, pressure cookers, gas stoves and wet grinders.
Despite the strong demand environment, gross margins declined 110 basis points year-on-year to 38.1%. EBITDA margin also contracted marginally by 20 basis points to 8.9%, broadly in line with analyst expectations of 9%.
For FY26, the company reported revenue growth of 9% year-on-year. EBITDA margin improved by 90 basis points to 8.5%, while profit after tax increased 40% compared to the previous year.
Butterfly Gandhimathi Appliances currently has a market capitalisation of nearly ₹1,273 crore.
