Butterfly Gandhimathi Appliances LtdQ3 FY21

Butterfly Gandhimathi Appliances Ltd Q3 FY21 Earnings Call Analysis

Revenue, margin, capex, fundraise and order book outlook from management commentary.

Price: ₹563P/E: 20.6Market Cap: ₹1.0K CrSector: Consumer Durables

Management growth scorecard

Revenue

Category 2

Margin

Category 1

Fundraise

N/A

Order

N/A

Capex

Yes

2 of 3 growth signals are positive.

Full analysis

Revenue guidance

Category 2
  • The company targets to reach Rs. 1000 crores in revenue within 12-24 months, with internal targets aiming for the faster end of this range.
  • Medium-term growth expectations are around 15-20% annually, based on past sustained growth of approximately 15% over 7-8 years and recent acceleration to about 20%.
  • Growth is driven by new product launches, entry into new product categories (e.g., vegetable choppers, induction cookers, rice cookers, electric chimneys, vacuum flasks, non-stick cookware), and expansion into newer geographies supported by strong supply chain and ecommerce.
  • Ecommerce and modern trade channels, less seasonal than traditional retail, are expected to contribute to more balanced sales across quarters.
  • The company foresees multi-fold growth in exports, particularly targeting markets with large Indian populations such as the Middle East and the US.
  • Capacity expansions with investments of Rs. 20-30 crores are planned to support scaling up revenue to Rs. 1400-1500 crores.

See what Butterfly Gandhimathi Appliances Ltd management said on margin guidance — free account, 30 seconds.

Fundraise plans

  • There is no mention of any current or planned new fundraising through debt or equity.
  • The company has significantly reduced its debt, with net debt around Rs. 3-3.6 crores as of December.
  • They have prepaid a high-cost term loan of Rs. 12.5 crores and are negotiating to close another high-cost term loan.
  • Negotiations are ongoing to reduce interest rates by 1-1.5% with banks.
  • The company aims to maintain low debt levels going forward.
  • Bill discounting facility (limit Rs. 70 crores, utilized about Rs. 40 crores) is used for working capital but is not new debt raising.
  • Capex plans of Rs. 20-30 crores annually for expansion are funded internally, no external fundraising mentioned.

See what Butterfly Gandhimathi Appliances Ltd management said on order book — free account, 30 seconds.

Capex plans

Yes
  • Current capacity is running close to 100%, with existing setup supporting Rs.1000-1100 crores revenue.
  • Planned capex of Rs.20-30 crores to expand capacity up to Rs.1400-1500 crores revenue.
  • Annual maintenance capex of about Rs.10-12 crores ongoing.
  • Investments aimed at supporting growth and improving margins through scale and efficiency.
  • No immediate plans to bring outsourced product categories in-house until achieving huge scale.
  • Exploring new product categories and channels like ecommerce and modern trade as part of growth strategy.
  • Focus on maintaining a strong balance sheet while investing in growth.
  • Export expansion, especially in Middle East and US, seen as a strategic growth area.
  • Expect capex to drive capacity expansion over next 12-24 months aligned with revenue target of Rs.1000 crores.

Track Butterfly Gandhimathi Appliances Ltd — get its next earnings analysis in your feed

How does Butterfly Gandhimathi Appliances Ltd rank vs peers in Consumer Durables?

Pro feature
ThisButterfly Gandhimathi Appliances Ltd
Rev 2Mar 1

How does Butterfly Gandhimathi Appliances Ltd rank in Consumer Durables?

Compare Butterfly Gandhimathi Appliances Ltd against every Consumer Durables company (Q3 FY21) on revenue, margins and earnings-call signals.

View Consumer Durables leaderboard →

Others in Consumer Durables this season

  • Priority Jewels Ltd (Q1 FY27)

    Revenue from Operations for 3 months ended June 30, 2026 (3M27): ₹1,250 million (page 18). Key investor presentation takeaways from Priority Jewels Ltd's Q1 FY2

  • KD Green Industries Ltd (Q1 FY27)

    Green AAC Blocks manufacturing capacity: 1.2 lakh CM per annum (owned 75% by KD Green Industries). Key concall takeaways from KD Green Industries Ltd's Q1 FY27…

  • Hardwyn India Ltd (Q4 FY26)

    Q4FY26 Operating Revenue: ₹5715.13 Lakhs vs ₹4564.19 Lakhs in Q4FY25, a 25.22% YoY increase (Page 16). Key concall takeaways from Hardwyn India Ltd's Q4 FY26…

  • KDDL Ltd (Q3 FY25)

    472.0 Cr, up 27% YoY from Rs. Key concall takeaways from KDDL Ltd's Q3 FY25 earnings call — and how it ranks against sector peers.

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →