Butterfly Gandhimathi Appliances Ltd. News and Updates

Name: Latest research reports of Butterfly Gandhimathi Appliances Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Butterfly Gandhimathi Appliances Ltd.
Rating: 5
Author: ICICI Securities Limited

Keep track of all breaking news on Butterfly Gandhimathi Appliances Ltd. from all sources in a single place.

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Butterfly Gandhimathi Appliances Ltd.

24 Feb 2022

619.80

-0.01%

Butterfly Gandhimathi Appliances

Buy: Butterfly Gandhimathi Appl...

ICICI Securities Limited

Butterfly Gandhimathi (BGAL) has approved sale of 55% stake held by promoter for a consideration of | 1410 crore (including trademark cost of | 30 crore) to Crompton Greaves Consumer (CGCEL). The deal values the company at | 2526 crore (1.7x FY24E EV/sales, 25x FY24E earnings) CGCEL will also have to launch mandatory open offer to the public shareholders of Butterfly, for acquiring up to 26% stake in Butterfly at a price of | 1,433.90 per equity share, aggregating up to | 667 crore. The total acquisition cost (including open offer) would be up to | 2,077 crore...

Butterfly Gandhimathi Appliances Ltd. has lost -44.13% in the last 6 Months

Butterfly Gandhimathi Appliances Ltd.

23 Feb 2022

619.80

-0.01%

Crompton Greaves shares surge post Butterfly Gandhimathi acquisition. Should you buy?

livemint

With 26% correction in stock price over past 6 months, the brokerage has maintained Buy' rating on Crompton Greaves shares

Butterfly Gandhimathi Appliances Ltd. is trading below its 50 day SMA of 633.1

Butterfly Gandhimathi Appliances Ltd.

15 Feb 2022

619.80

-0.01%

Butterfly Gandhimathi Appliances

Buy: Butterfly Gandhimathi Appl...

Target

ICICI Securities Limited

BGAL has shown consistent improvement in financial performance parameters with working capital days, return ratios getting significantly enhanced in FY21. We expect it to maintain RoCE of ~30%+ in FY23E Expect sustained revenue growth and improved margin, going ahead. We...

Butterfly Gandhimathi Appliances Ltd. is trading above its 30 day SMA of 600.6

Butterfly Gandhimathi Appliances Ltd.

07 Feb 2022

619.80

-0.01%

to see Rapid results content

Butterfly Gandhimathi Appliances Ltd.

29 Oct 2021

619.80

-0.01%

Butterfly Gandhimathi Appliances

Buy: Butterfly Gandhimathi Appl...

Target

ICICI Securities Limited

The company is a market leader in India for SS LPG stoves & table top wet grinders and major supplier of mixer grinders & pressure cookers Over the last three years BGAL has enhanced its focus on modern trade/online distribution channels to capture higher revenue growth Q2FY22 Results: BGAL reported strong revenue growth, which led the company...

Butterfly Gandhimathi Appliances Ltd. is trading below its 50 day SMA of 633.1

Butterfly Gandhimathi Appliances Ltd.

28 Oct 2021

619.80

-0.01%

to see Rapid results content

Butterfly Gandhimathi Appliances Ltd.

24 May 2021

619.80

-0.01%

Butterfly Gandhimathi Appliances rallies 45% in a week on strong Q4 results

Business Standard

The company reported a profit after tax (PAT) of Rs 9.9 crore in Q4FY21, on the back of healthy revenue growth, against loss of Rs 7.6 crore in Q4FY20

Butterfly Gandhimathi Appliances Ltd. has gained 10.44% in the last 1 Week

Butterfly Gandhimathi shares surge 19% to hit all-time high; ICICI Direct raises target price

Moneycontrol | 24 May 2021

Butterfly Gandhimathi Appliances Ltd.

05 Feb 2021

619.80

-0.01%

Butterfly Gandhimathi Appliances

Buy: Butterfly Gandhimathi Appl...

Recommendation Target

ICICI Securities Limited

Butterfly Gandhimathi (BGAL) reported strong revenue growth of 70% YoY to | 298 crore in Q3FY21. The healthy growth was on the back of enhanced customer interest in kitchen appliances due to accentuated preference for home cooked food. Revenue growth was visible across all channels except gas dealers. Though gross margins were lower (change in product, channel mix) by 400 bps YoY to 41.7%, EBITDA margins expanded 480 bps YoY to 12% due to positive operating leverage. On the back of strong operational...

Butterfly Gandhimathi Appliances Ltd. has lost -21.63% in the last 3 Months

Butterfly Gandhimathi Appliances Ltd.

17 Nov 2020

619.80

-0.01%

Hold Butterfly Gandhimathi; target of Rs 390: ICICI Direct

Moneycontrol

ICICI Direct recommended hold rating on Butterfly Gandhimathi with a target price of Rs 390 in its research report dated November 13, 2020.

Butterfly Gandhimathi Appliances Ltd. is trading below its 50 day SMA of 633.1

Butterfly Gandhimathi Appliances Ltd.

13 Nov 2020

619.80

-0.01%

Butterfly Gandhimathi Appliances

Hold: Butterfly Gandhimathi Appl...

Target

ICICI Securities Limited

Butterfly Gandhimathi (BGAL) reported healthy revenue growth of 20% YoY to | 288.9 crore in Q2FY21. The strong growth was on the back of channel filling owing to lower trade inventory levels and renewed customer interest in in kitchen appliances as majority of people preferred home cooked food. EBITDA margins expanded 310 bps YoY to 11.9% owing to positive operating leverage and better gross margins (up 240 bps YoY). On the back...

Butterfly Gandhimathi Appliances Ltd. has gained 10.44% in the last 1 Week

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Is Butterfly Gandhimathi Appliances Ltd. worth buying?

111 Votes:

Buy 70.27%

Sell 18.92%

Hold 10.81%

50.42% Fall from 52W High

Butterfly Gandhimathi Appliances Ltd. News and Updates

Keep track of all breaking news on Butterfly Gandhimathi Appliances Ltd. from all sources in a single place.