Butterfly Gandhimathi Appliances Ltd. Announces its Results for Q2 FY26

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Ravindra Kirti Founder GGF
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Butterfly Gandhimathi Appliances Ltd. (‘Company’), South-India’s leading kitchen appliances player, reported its standalone financials for the quarter and half-year ended 30th September 2025.
 

Operational Highlights for Q2 FY26

  • All core categories delivered double-digit growth, supported by sustained volume growth and new product launches

  • Idea First Series, a premium range introduced last quarter, gained traction across categories

  • Premium offerings led to disproportionate growth in E-com, Modern Trade and Regional Chain Stores

  • GST reduction coupled with festivities led to buoyancy in kitchen categories, with products such as pressure cookers benefitting the most  

 

Financial Highlights for Q2 FY26

  • Revenue stood at Rs. 293 Cr; growth of 14% YoY led by growth in key channels

  • EBITDA of Rs. 28 Cr, grew by 21% YoY driven by gross margin improvement & spend optimization; EBITDA margin expanded by 60 bps YoY to 9.5%

 

Commenting on the performance, Swetha Sagar, Manager & Chief Business Officer, Butterfly Gandhimathi Appliances Ltd. said, “We delivered a strong performance this quarter, recording a revenue of 14% YoY and a robust EBITDA growth of 21% YoY. This was driven by consistent momentum month-on-month, improved gross margins, and disciplined cost management. Launch of new products under the Idea First Series across channels and regions fueled the growth. The brand refresh launched in Q1 has been well-received, further strengthening our product portfolio and market presence.”

BGMAL Financials

Particulars (Rs. Cr)

Q2 FY26

Q2 FY25

Y-o-Y

Q1 FY26

Q-o-Q

Revenue

293

258

14%

187

56%

Material Margin

111

96

15%

77

44%

Material Margin (%)

37.8%

37.3%

+50 bps

41.0%

-320 bps

EBITDA

28

23

21%

13

117%

EBITDA Margin (%)

9.5%

8.9%

 +60 bps

6.8%

+270 bps

PAT

17

13

34%

6

165%

PAT Margin (%)

5.8%

4.9%

+90 bps

3.4%

+240 bps

 

About Butterfly Gandhimathi Appliances Ltd.

‘Butterfly’ is amongst the Top 3 Brands in India in kitchen and small domestic appliances. It is a reputed brand with high consumer recall in South, known for Aesthetics and Product Quality. It has diverse product portfolio, with variants adapted to meeting consumer needs. It has 4 core products – Mixer Grinders, Pressure Cookers, Gas Stove, Wet Grinders and backed by a full suite of small domestic appliances. It has state of art in-house manufacturing setup with strong backward integration.

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Ravindra Kirti Founder GGF
Ravindra Kirti is a well-rounded Marketing professional with an impressive academic and professional portfolio. He is IIM Calcutta alumnus & holds a PhD in Commerce, having written an insightful thesis on consumer behavior and psychology, which informs his deep understanding of market dynamics and client engagement strategies. His academic journey includes an MBA in Marketing, where he specialized in strategic management, international marketing, and luxury retail management, equipping him with a global perspective and a strategic edge in high-end market segments. In addition to his business expertise, Ravindra is also academically trained in law, holding a Master’s in Law with specializations in law of patents, IT & IPR, police law and administration, white-collar crime, and corporate crime. This legal knowledge complements his role as the Chief at Jurislaw Partners, where he applies a blend of legal acumen and strategic marketing. With such a rich educational background, Ravindra excels across a range of fields, from legal marketing to luxury retail, and event design. His ability to interlace disciplines—commerce, marketing, and law—enables him to drive successful outcomes in every venture he undertakes, whether as Chief at Jurislaw Partners, Editor at Mojo Patrakar and Global Growth Forum, Founder of CircusINC, or Chief Designer at Byaah by CircusINC. On a personal note, Ravindra Kirti is not only a devoted pawrent to his pet, Kattappa, but also an enthusiast of Mixed Martial Arts (MMA) and holds a Taekwondo Dan 1. This active lifestyle complements his multifaceted career, reflecting his discipline, resilience, and commitment—qualities he brings into his professional relationships. His bond with Kattappa adds a warm, grounded side to his profile, showcasing his nurturing and compassionate nature, which shines through in his connections with clients and colleagues. Ravindra’s career exemplifies versatility, intellectual depth, and excellence. Whether through his contributions to media, law, events, or design, he remains a dynamic and influential presence, continually innovating and leaving a lasting impact across industries. His ability to balance these diverse roles is a testament to his strategic vision and dedication to making a difference in every field he enters.
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