Key Financial Figures (Standalone)

Q2 FY27 Performance (YoY)

  • Revenue: ₹331 Cr (vs. ₹293 Cr in Q2 FY26), growth of 13.1%
  • Material Margin: ₹120 Cr (vs. ₹111 Cr), growth of 8.5%
  • Material Margin (%): 36.2% (vs. 37.8%), contraction of 160 bps
  • EBITDA: ₹32 Cr (vs. ₹28 Cr), growth of 13.3%
  • EBITDA Margin (%): 9.5% (vs. 9.5%), flat
  • PAT: ₹20 Cr (vs. ₹17 Cr), growth of 18.7%
  • PAT Margin (%): 6.1% (vs. 5.8%), expansion of 30 bps

H1 FY27 Performance (YoY)

  • Revenue: ₹545 Cr (vs. ₹480 Cr), growth of 13.5%
  • Material Margin: ₹208 Cr (vs. ₹187 Cr), growth of 10.8%
  • Material Margin (%): 38.1% (vs. 39.0%), contraction of 90 bps
  • EBITDA: ₹47 Cr (vs. ₹41 Cr), growth of 14.6%
  • EBITDA Margin (%): 8.5% (vs. 8.5%), flat
  • PAT: ₹29 Cr (vs. ₹23 Cr), growth of 24.1%
  • PAT Margin (%): 5.3% (vs. 4.9%), expansion of 50 bps

Operational Highlights for Q2 FY27

  • Sustained double-digit growth momentum for the third consecutive quarter.
  • Core categories delivered robust growth; induction cooktops emerged as a promising new growth engine.
  • Highest ever quarterly revenue delivered in Retail Channels.
  • Idea First series gained consumer acceptance and improved share of business.
  • Commodity-driven inflation impacted material margins, partially offset by pricing actions.
  • Successfully launched India's first 5-star rated cooktop 'RENZ PRO COOKTOP'.
  • Won 'India's best design award' for Unicurve Triply Pressure Cooker.

Management Commentary

Swetha Sagar, Manager & Chief Business Officer, commented that the growth was achieved on the back of broad-based growth across categories in the right channels. The company continues to invest strongly in building brand strength through media investments, trade activations, and influencer-led campaigns. The festive season started robustly with Onam. The company remains focused on sustaining a healthy growth trajectory backed by investments in the brand, consumer-centric innovation, premiumisation strategy, and improved geographic reach.

Additional Context

Butterfly revenue growth excluding Crompton manufacturing grew at 15.9% YoY.