Butterfly Gandhimathi Q2 net profit up 19% YoY to ₹20.18 crore
- Net profit rose 18.7% YoY to ₹20.18 crore in Q2FY27
- Revenue from operations grew 13.1% YoY to ₹33.15 crore
- EBITDA increased to ₹31.5 crore with margin at 9.5%
- Operating cash flow turned negative due to working capital pressures
*this image is generated using AI for illustrative purposes only.
Butterfly Gandhimathi Appliances Limited reported a 18.7% year-on-year increase in net profit for the quarter ended September 30, 2026, reaching ₹20.18 crore. The Chennai-based appliance manufacturer also clocked revenue from operations of ₹33.15 crore, marking a 13.1% YoY growth.
The board meeting held on October 15, 2026, approved these unaudited financial results alongside the re-appointment of two independent directors for second consecutive terms. The company operates in the single segment of domestic appliances and reported no exceptional items for the current quarter.
Financial Performance Highlights
The company demonstrated robust top-line growth in the second quarter of FY27. Total income rose to ₹33.41 crore from ₹29.43 crore in the corresponding period last year. Profit before tax expanded to ₹26.93 crore, up from ₹22.72 crore in Q2FY26. EBITDA stood at ₹31.5 crore, compared to ₹27.8 crore in the year-ago period.
| Metric | Q2FY27 | Q2FY26 | Change |
|---|---|---|---|
| Revenue from operations | ₹33.15 crore | ₹29.30 crore | +13.1% |
| Total Income | ₹33.41 crore | ₹29.43 crore | +13.5% |
| EBITDA | ₹31.50 crore | ₹27.80 crore | +13.3% |
| EBITDA Margin | 9.50% | 9.49% | +1 bps |
| Profit Before Tax | ₹26.93 crore | ₹22.72 crore | +18.5% |
| Net Profit | ₹20.18 crore | ₹17.00 crore | +18.7% |
| EPS (Basic, ₹) | 11.29 | 9.51 | +18.7% |
Note: Figures converted from lakhs/millions to crores where necessary for headline clarity; table retains source units.
What the Numbers Show
A divergence between profit growth and cash flow efficiency is evident in the H1FY27 data. While net profit for the half-year grew 24.0% YoY to ₹29.07 crore, operating cash flow swung to a negative ₹70.97 crore from a positive ₹11.57 crore in the prior year period. This shift was primarily driven by a significant increase in trade receivables, which rose by ₹97.43 crore during the half-year, alongside a ₹53.14 crore build-up in inventory. These working capital pressures absorbed the operational profits generated during the period.
Corporate Governance Updates
The Board approved the re-appointment of Mr. P. M. Murty and Ms. Smita Anand as Non-Executive Independent Directors. Both appointments are subject to shareholder approval via postal ballot.
- Mr. P. M. Murty: Former Managing Director of Asian Paints, appointed for a second three-year term from April 1, 2027, to March 31, 2030.
- Ms. Smita Anand: Former Asia Head at Korn Ferry, appointed for a second three-year term from April 1, 2027, to March 31, 2030.
The Postal Ballot Notice for these appointments will be circulated to members in due course.
Historical Stock Returns for Butterfly Gandhimathi Appliances
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +6.97% | +11.58% | +3.73% | -2.71% | -13.17% | -38.81% |
How does Butterfly Gandhimathi plan to resolve the sharp swing to negative operating cash flow caused by the ₹97 crore surge in trade receivables?
What specific strategies will management implement to reduce the ₹53 crore inventory build-up and restore working capital efficiency in H2FY27?
Will the re-appointment of independent directors with FMCG and HR expertise influence future capital allocation or market expansion plans?
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