Butterfly Gandhimathi Appliances share price today

Butterfly Gandhimathi Appliances Ltd's share price was ₹580.70 at the close on 4 November 2026. It has been falling for 6 weeks. That is 9.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹546 and ₹776, and at that close it sat 15% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Butterfly Gandhimathi Appliances Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 12 weeks running.

Over the last 11 years the share price moved +229% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 14 August 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: best operating margin in 16 quarters, profit up on a year earlier for 8 quarters in a row and revenue up on a year earlier for 7 quarters in a row.

1. Best operating margin in 16 quarters

   Operating margin was 10% in the September 2026 quarter, against 9% a year earlier.

2. Profit up on a year earlier for 8 quarters in a row

   In the September 2026 quarter profit was ₹20 crore, +17.6% on a year earlier.

3. Revenue up on a year earlier for 7 quarters in a row

   In the September 2026 quarter revenue was ₹331 crore, +13% on a year earlier.

For July to September 2026 (the quarter ended 30 September 2026), Butterfly Gandhimathi Appliances reported revenue of ₹331 crore, up 13.0% from ₹293 crore a year earlier, and a profit of ₹20.0 crore, up 17.6% from ₹17.0 crore.

Butterfly Gandhimathi Appliances results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Butterfly Gandhimathi Appliances closed at ₹580.70 on 4 November 2026, down 22.4% from ₹748.30 a year earlier (7 November 2025) and down 42.4% over five years. Its highest weekly close since March 2016 was ₹1,814.30 on 14 October 2022.

Butterfly Gandhimathi Appliances share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Butterfly Gandhimathi Appliances closed at ₹580.70, up 3.7% on the week and up 4.8% on the month. Results for July to September 2026: Revenue up 13.0% and profit up 17.6% on a year earlier.

Earlier

• Our read, 19 Jul 2026: Early stage earnings-driven compression with deleveraging balance sheet, but requires margin inflection to sustain.

Our read of the business

Latest quarter: Steady margins on flat revenue.

Our read after the latest results, written 19 July 2026.

Butterfly Gandhimathi Appliances paid no dividend in the 12 months to 5 November 2026. The last was an interim dividend of ₹3 a share, ex-date 2 November 2021.

Butterfly Gandhimathi Appliances dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Not in its latest year. Butterfly Gandhimathi Appliances Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 3 of its last 13 reported years, so there is a history but no current dividend.

From the NSE corporate-actions record, read 5 November 2026.

What is changing at Butterfly Gandhimathi Appliances, from the latest results and calls: deleveraging via free cash flow.

• Deleveraging via Free Cash Flow. Consistent cash conversion driving debt reduction. ⚠ estimate

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.

Our read after the latest results, written 19 July 2026.

A drop in operating margin below the normalized historical level coupled with negative free cash flow for two consecutive quarters would invalidate the deleveraging and cash-conversion thesis.

Each change stops working if

• Deleveraging via Free Cash Flow: Working capital cycle elongates, absorbing operational cash flow.

The main risks

• Top-line stagnation: Revenue growth is flat, indicating potential market share loss or demand weakness. ✓ fact

Our read after the latest results, written 19 July 2026.

When Butterfly Gandhimathi Appliances reports October to December 2026, these are the check that show whether the story is still on course. First: April to June 2026 revenue on a year earlier growth.

Butterfly Gandhimathi Appliances is not on any of our India lists this week.

Butterfly Gandhimathi Appliances Ltd earned ₹20.0 Cr of net profit in the Sep 2026 quarter, +17.6% on the same quarter a year earlier. That is the 6th quarter in a row of profit growth. Full-year FY26 profit was ₹46.0 Cr. Over 10 years profit has grown 14.4% a year on average. That is 6.0% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹17.0 Cr. 2 of the last 12 reported quarters were loss-making.

For the full year, FY26 profit was ₹46.0 Cr (+39.4% on the year before).

Why profit moved: revenue changed +13.0% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +31.8% and revenue +11.7%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

FY26-Q3. Revenue and operating margin were consistent with historical averages. The performance indicates stable execution in a potentially soft demand environment, with working capital metrics continuing to support cash flow generation.

Why-sources: our stock research file (19 July 2026) and the company’s own results for those quarters.

Butterfly Gandhimathi Appliances Ltd reported ₹331 Cr of revenue in the Sep 2026 quarter, +13.0% on the same quarter a year earlier. That is the 7th quarter in a row with growth on the year before. Over 10 years it has grown 0.5% a year on average. The last full year, FY26, came in at ₹943 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,008 Cr.

FY26 revenue was ₹943 Cr, +9.0% on the year before.

Recent pace: the last four quarters grew +11.7% on average, against 0.5% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +11.4%, against +9.3% a year over the last 8 quarters (stabilising).

FY26-Q3. Revenue and operating margin were consistent with historical averages. The performance indicates stable execution in a potentially soft demand environment, with working capital metrics continuing to support cash flow generation.

Why-sources: our stock research file (19 July 2026) and the company’s own results for those quarters.

Butterfly Gandhimathi Appliances Ltd's operating margin was 10.0% in the Sep 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 13 years it has been between −4.9% and 9.0%. The latest quarter is above every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why this happened. The company has demonstrated a structural ability to convert profits into cash, generating healthy free cash flow over multiple years. This cash is being actively deployed to pay down debt, strengthening the balance sheet and reducing interest burden.

Why the margin moved: operating margin changed +0.0 percentage points on the year while gross margin changed −1.6 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead.

FY26-Q3. Revenue and operating margin were consistent with historical averages. The performance indicates stable execution in a potentially soft demand environment, with working capital metrics continuing to support cash flow generation.

Why-sources: our stock research file (19 July 2026) and the company’s own results for those quarters.

Over the last 3 years, 185% of Butterfly Gandhimathi Appliances Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹88.0 Cr of operating cash against ₹46.0 Cr of profit. After ₹14.0 Cr of spending on assets, ₹74.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 185% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

Butterfly Gandhimathi Appliances Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 48 days in FY26, up from 42 days in FY21. It spent ₹51.0 Cr on assets over the last 3 years. Customers take 23 days to pay, and stock sits for 91 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹943 Cr, each day of that cycle ties up about ₹2.6 Cr, so roughly ₹124 Cr is tied up in the business at any time.

FY26: customers took 23 days to pay and stock sat for 91 days, about 3.0 months of sales sitting as stock, for a full cycle of 48 days, longer than FY21's 42.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 91 days. Customers pay about 23 days after that. Suppliers are paid at 67 days. Together that makes the 48-day cycle.

Spending on assets: ₹51.0 Cr over the last 3 years, against ₹65.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹4.0 Cr (FY26): assets paid for that are not earning yet.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

Butterfly Gandhimathi Appliances Ltd's P/E is 19.8×, near the low end of its own history: it has been lower only 4% of the time. Its usual P/E (the middle reading) is 39.5×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹28.68.

Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks.