Butterfly Gandhimathi Appliances has delivered impressive Q3FY26 financial results, showcasing robust operational performance across multiple key metrics. The home appliances manufacturer demonstrated significant improvements in profitability, operational efficiency, and margin expansion during the quarter ended December 31, 2025.

Comprehensive Financial Performance

The company's Q3FY26 results reflect strong year-on-year growth across all major financial indicators:

Profitability and Margin Expansion

The standout performance came from the company's bottom line, with net profit reaching ₹107.68 crore in Q3FY26, marking a substantial increase of 29.64% compared to ₹83.06 crore in the same quarter of the previous year. Excluding exceptional items related to New Labour Code provisions of ₹1.59 crore, the adjusted net profit grew by an impressive 44% year-on-year.

Operational Efficiency Improvements

The company's EBITDA margin expanded significantly to 8.20% from 7.20% in the previous year, indicating enhanced operational efficiency and improved cost management. This 100 basis points improvement in margin demonstrates the company's ability to optimize its operational structure while maintaining competitive positioning in the home appliances market. Material margin improved substantially by 300 basis points year-on-year to 38.80%, driven by strategic pricing actions and favorable product mix.

Revenue Performance and Strategic Initiatives

On the revenue front, Butterfly Gandhimathi Appliances achieved steady growth with total revenue reaching ₹244.58 crore in Q3FY26, compared to ₹238.24 crore in the corresponding quarter of the previous year. The revenue growth of 2.66% provided a stable foundation for significant improvements in profitability metrics. Cookers and gas stoves emerged as primary growth drivers during the quarter, supported by GST reduction benefits and premiumization initiatives.

Nine-Month Performance Overview

For the nine months ended December 31, 2025, the company delivered strong performance with revenue of ₹724.98 crore compared to ₹677.86 crore in the previous year, representing growth of 6.95%. Net profit for the nine-month period stood at ₹341.98 crore, up from ₹235.01 crore, marking a robust 45.52% increase.

Butterfly Gandhimathi Appliances Limited has received reaffirmation of its credit ratings from CRISIL Ratings Limited on January 27, 2026. The company disclosed this development under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Credit Rating Details

CRISIL has reaffirmed both long-term and short-term credit ratings for the company's bank facilities. The rating agency maintained its assessment of the company's creditworthiness across different facility types.

Facility-wise Rating Breakdown

The reaffirmed ratings cover both long-term and short-term bank loan facilities with specific amounts and ratings for each category.

Facility Amount Changes

Both facility amounts have been reduced from the previous level of Rs. 225 crores to Rs. 100 crore each. This represents a significant reduction in the total facility size while maintaining the same credit rating levels.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 and other applicable provisions of the Securities and Exchange Board of India Listing Regulations, 2015. Company Secretary and Compliance Officer Jayant Barde signed the regulatory filing on January 27, 2026.

The reaffirmation of credit ratings indicates CRISIL's continued confidence in the company's financial strength and ability to meet its debt obligations across both long-term and short-term facilities.