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Butterfly Gandhimathi Appliances Ltd. share price target and research reports

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

Latest analyst research reports with target prices and PDF download for BUTTERFLY, BSE:517421 Butterfly Gandhimathi Appliances Ltd.

Butterfly Gandhimathi Appliances Ltd.

30 May 2018

713.20

0.37%

Butterfly Gandhimathi Appliances

Buy: Butterfly Gandhimathi Appl...

Target

ICICI Securities Limited

BGAL reported a strong performance with topline growth of 30% YoY to | 110.4 crore. On the segmental front, kitchen appliances grew 6.8% YoY to | 83.5 crore whereas cooker/cookware segment grew robustly by 50.3% YoY to | 18.6 crore BGAL reported EBITDA of | 9.3 crore compared to EBITDA loss of | 10.5 crore in Q4FY17. Gross margins improved significantly by 120 bps YoY to 44.1%. Furthermore, a decline in other expenses by 16% YoY to | 25.6 crore, boosted EBITDA margins. The resultant EBITDA...

Butterfly Gandhimathi Appliances Ltd. is trading above its 200 day SMA of 699.1

Butterfly Gandhimathi Appliances Ltd.

14 Feb 2018

713.20

0.37%

Butterfly Gandhimathi Appliances

Buy: Butterfly Gandhimathi Appl...

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Butterfly Gandhimathi Appliances (BGAL) reported a robust set of Q3FY18 numbers with a significant recovery on both revenue and profitability front. Low base effect of demonetisation also kicked in Revenues grew robustly by 76% YoY to | 141.0 crore. In the segment per se, kitchen appliances and cooker/cookware grew 46% and 125.6% YoY to | 109 crore and | 24 crore, respectively BGAL reported EBITDA of | 8.7 crore vs. EBITDA loss of | 19.4 crore...

Butterfly Gandhimathi Appliances Ltd. has lost -35.71% in the last 1 Year

Butterfly Gandhimathi Appliances Ltd.

10 Nov 2017

713.20

0.37%

Butterfly Gandhimathi Appliances

Buy: Butterfly Gandhimathi Appl...

Recommendation Target

ICICI Securities Limited

Butterfly Gandhimathi Appliances (BGAL) reported strong set of Q2FY18 results. Revenues for the quarter grew by 29.6% YoY to | 201.0 crore. The growth was supported by healthy traction in cooker/cookware and appliances segment. EBITDA margins for the quarter expanded by 250 bps YoY to 8.4%. The margin expansion was driven by improvement in gross margins (up 136 bps YoY) and positive operating leverage owing to strong topline growth (employee expenses down 139 bps YoY)....

Butterfly Gandhimathi Appliances Ltd. has lost -35.71% in the last 1 Year

Butterfly Gandhimathi Appliances Ltd.

01 Jun 2017

713.20

0.37%

Butterfly Gandhimathi Appliances

Hold: Butterfly Gandhimathi Appl...

Target

ICICI Securities Limited

The company reported a loss at the EBITDA level of | 15.1 crore vs. EBITDA profit of | 13.6 crore in Q4FY16. EBITDA loss was primarily on account of higher employee expense as percentage of sales (12.3% vs. 8.5% in Q4FY16) and higher other expenses as a percentage of sales (34.9% vs. 19.8% in Q4FY16) owing to negative operating leverage as utilisation levels remained low Owing to a disappointing operational performance, BGAL reported a net loss of | 20.9 crore vs. net profit of | 0.6 crore in Q4FY16...

Butterfly Gandhimathi Appliances Ltd. is trading above its 200 day SMA of 699.1

Butterfly Gandhimathi Appliances Ltd.

14 Feb 2017

713.20

0.37%

Butterfly Gandhimathi Appliances

Hold: Butterfly Gandhimathi Appl...

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Butterfly Gandhimathi Appliances (BGAL) reported a disappointing set of Q3FY17 numbers performance on account of absence of...

Butterfly Gandhimathi Appliances Ltd. has lost -35.71% in the last 1 Year

Butterfly Gandhimathi Appliances Ltd.

18 Nov 2016

713.20

0.37%

Butterfly Gandhimathi Appliances

Hold: Butterfly Gandhimathi Appl...

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Butterfly Gandhimathi Appliances (BGAL) reported a disappointing performance on account of absence of government orders and a decline in the branded institutional business on account of release of lower LPG connections during the quarter Revenues de-grew 50% YoY to | 155 crore. The decline in topline was owing to absence of government order execution, which in Q2FY16 was to the tune of | 164 crore. Branded sales declined 4%...

Butterfly Gandhimathi Appliances Ltd. is trading below its 30 day SMA of 717.7

Butterfly Gandhimathi Appliances Ltd.

25 Oct 2016

713.20

0.37%

Butterfly Gandhimathi Appliances

Butterfly Gandhimathi Appl...

Edelweiss

Butterfly Gandhimati Appliance Ltd (BGAL) is a leading manufacturer and marketer of domestic kitchen and domestic electrical appliance.

Butterfly Gandhimathi Appliances Ltd. is trading above its 200 day SMA of 699.1

Butterfly Gandhimathi Appliances Ltd.

17 Aug 2016

713.20

0.37%

Butterfly Gandhimathi Appliances

Hold: Butterfly Gandhimathi Appl...

Target

ICICI Securities Limited

Butterfly Gandhimathi Appliances (BGAL) reported a disappointing performance on account of the absence of government orders and decline in branded institutional business on account of release of lower LPG connections during the quarter BGAL reported an EBITDA loss of | 1.1 crore in Q1FY17 vs. profit of...

Butterfly Gandhimathi Appliances Ltd. is trading below its 30 day SMA of 717.7

Butterfly Gandhimathi Appliances Ltd.

06 Jun 2016

713.20

0.37%

Butterfly Gandhimathi Appliances

Hold: Butterfly Gandhimathi Appl...

Recommendation Target

ICICI Securities Limited

Butterfly Gandhimathi Appliances' (BGAL) Q4FY16 revenues grew 4.7% YoY to | 156.3 crore on the back of Tamil Nadu Civil Supplies order execution (| 57.31 crore) in Q4FY16...

Butterfly Gandhimathi Appliances Ltd. has lost -35.71% in the last 1 Year

Butterfly Gandhimathi Appliances Ltd.

18 Nov 2015

713.20

0.37%

Butterfly Gandhimathi Appliances

Buy: Butterfly Gandhimathi Appl...

ICICI Securities Limited

Butterfly Gandhimathi Appliances Ltd. is trading above its 200 day SMA of 699.1

Is Butterfly Gandhimathi Appliances Ltd. worth buying?

111 Votes:

Buy 70.27%

Sell 18.92%

Hold 10.81%