Inflame Appliances has reported a robust performance for the first half of fiscal year 2026, with over 40% growth and significant improvements in profitability. The company, known for its kitchen appliances manufacturing, is now setting its sights on further expansion to capitalize on the growing demand in the Indian market.

Strong Performance and Operational Highlights

Inflame Appliances has achieved a remarkable milestone, operating at a monthly run rate of over 30,000 chimney units across its two manufacturing plants. This surge in production capacity has been accompanied by a substantial improvement in the company's profit after tax, indicating enhanced operational efficiency.

Expansion Plans

To meet the increasing demand and strengthen its market position, Inflame Appliances has announced plans for a debt-funded expansion at its Panchkula facility. The company intends to invest INR 9.00-10.00 crore to add an additional monthly capacity of 15,000 units. This expansion is expected to be operational by April 1, 2026, significantly boosting the company's production capabilities.

Diversification Strategy

Alongside expanding its chimney production, Inflame Appliances is diversifying its product portfolio by venturing into built-in appliances. This strategic move aims to reduce dependency on Chinese imports, particularly in light of the implementation of Bureau of Indian Standards (BIS) regulations.

Market Share Aspirations

With these expansion and diversification initiatives, Inflame Appliances is targeting a 30% market share in the kitchen appliances segment. The company's management expressed confidence in achieving this goal, citing the growing preference for domestically manufactured products and the company's established relationships with major brands in the industry.

Financial Outlook

While specific financial figures were not disclosed, the company's management indicated that the gross profit margins have reached their target range of 28.00% to 30.00%. The increased production capacity and diversification into higher-margin products are expected to contribute positively to the company's financial performance in the coming quarters.

Industry Dynamics

The implementation of BIS standards is reshaping the Indian kitchen appliances market, creating opportunities for domestic manufacturers like Inflame Appliances. The company is well-positioned to benefit from this shift, given its established manufacturing capabilities and ongoing expansion efforts.

Inflame Appliances' CEO, Amit Kaushik, commented on the company's performance and outlook: "We are in a good driving situation. The momentum is created, customers are coming, and we are responding well in time. We are very progressive in nature and striving for good growth and good numbers."

As Inflame Appliances continues to expand its capacity and diversify its product range, it appears well-positioned to capitalize on the evolving dynamics of the Indian kitchen appliances market. Investors and industry observers will be keenly watching the company's progress in executing its expansion plans and achieving its ambitious market share targets in the coming years.

Inflame Appliances , a leading manufacturer of kitchen appliances, has reported strong financial results for the first half of fiscal year 2026, showcasing significant growth across key metrics.

Financial Highlights

The company's performance for H1FY26 demonstrates substantial year-over-year improvements:

Operational Performance

Inflame Appliances has shown robust growth in its core product segment:

• Chimney volumes increased by 27% year-over-year
• Combined monthly production rate from Panchkula and Hyderabad facilities reached 30,000 units

Strategic Developments

The company's growth strategy has been supported by several key factors:

1. Capacity Expansion: The Hyderabad facility, which commenced production in the latter half of H1FY24, has quickly ramped up to benchmark production levels, contributing significantly to the overall performance.

2. Product Mix Improvement: Inflame Appliances has been focusing on premiumization, which has led to a gradual increase in average realization for chimneys.

3. Customer-Centric Approach: The company has been working closely with customers to offer end-to-end solutions and quality products, strengthening its market position.

4. Make in India Initiative: Inflame Appliances continues to position itself as the largest OEM/ODM manufacturer of kitchen appliances in India, particularly in the chimney segment, aligning with the government's 'Make in India' initiative.

Future Outlook

Inflame Appliances maintains its revenue growth guidance of 40-50% for FY26 and FY27, indicating confidence in its business model and market opportunities.

Management Commentary

Amit Kaushik, CEO of Inflame Appliances, commented on the results: "I am happy to share that after continuous efforts over the last 2-3 years where we faced several challenges and hardships, true to our grit and determination at Inflame, we have delivered a strong performance on all fronts including Revenue, EBITDA and Net Profit. This is also our highest and best performance ever for a half year period."

Inflame Appliances' strong H1FY26 results reflect the company's resilience and strategic initiatives in the competitive kitchen appliances market. With its focus on innovation, capacity expansion, and customer-centric approach, the company appears well-positioned for continued growth in the coming quarters.