Inflame Appliances Ltd
Incorporated in 2017, Inflame Appliances Ltd manufactures kitchen appliances and sheet metal components[1]
- Market Cap ₹ 162 Cr.
- Current Price ₹ 216
- High / Low ₹ 510 / 170
- Stock P/E 51.6
- Book Value ₹ 74.8
- Dividend Yield 0.00 %
- ROCE 8.46 %
- ROE 6.08 %
- Face Value ₹ 10.0
Pros
- Promoter holding has increased by 1.13% over last quarter.
Cons
- Stock is trading at 2.89 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 7.10% over last 3 years.
- Promoter holding has decreased over last 3 years: -3.40%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Durables Consumer Durables Houseware
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| 9 | 55 | 15 | 20 | 40 | 77 | 92 | 106 | |
| 8 | 52 | 19 | 22 | 38 | 67 | 84 | 94 | |
| Operating Profit | 1 | 3 | -4 | -2 | 2 | 10 | 8 | 12 |
| OPM % | 6% | 6% | -25% | -10% | 4% | 13% | 9% | 11% |
| 0 | 1 | 1 | 0 | -0 | -1 | 1 | 0 | |
| Interest | 0 | 0 | 1 | 1 | 2 | 2 | 3 | 4 |
| Depreciation | 0 | 1 | 2 | 2 | 2 | 2 | 4 | 5 |
| Profit before tax | 0 | 3 | -6 | -5 | -2 | 4 | 2 | 4 |
| Tax % | 23% | -27% | -26% | -26% | -25% | 27% | 31% | 22% |
| 0 | 4 | -4 | -3 | -2 | 3 | 1 | 3 | |
| EPS in Rs | 0.50 | 6.07 | -7.10 | -5.60 | -2.48 | 4.41 | 1.43 | 4.18 |
| Dividend Payout % | 0% | 8% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 47% |
| 3 Years: | 39% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 60% |
| TTM: | 195% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 24% |
| 3 Years: | -16% |
| 1 Year: | -49% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | 7% |
| Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 6 | 6 | 6 | 7 | 7 | 7 | 7 |
| Reserves | 6 | 6 | 2 | -2 | 8 | 34 | 40 | 49 |
| 1 | 4 | 10 | 19 | 14 | 27 | 38 | 42 | |
| 8 | 18 | 15 | 15 | 11 | 14 | 19 | 30 | |
| Total Liabilities | 19 | 34 | 32 | 38 | 39 | 83 | 104 | 128 |
| 3 | 13 | 12 | 11 | 10 | 13 | 33 | 35 | |
| CWIP | 1 | 0 | 0 | 0 | 1 | 13 | 2 | 6 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 16 | 20 | 20 | 27 | 27 | 57 | 69 | 88 | |
| Total Assets | 19 | 34 | 32 | 38 | 39 | 83 | 104 | 128 |
Cash Flows
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| -4 | 8 | 0 | -3 | -5 | -2 | 4 | 2 | |
| -5 | -10 | 0 | -3 | -1 | -24 | -11 | -7 | |
| 10 | 1 | -0 | 6 | 5 | 26 | 8 | 4 | |
| Net Cash Flow | 1 | -1 | -0 | 0 | -0 | 0 | 1 | -1 |
Ratios
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 285 | 63 | 203 | 238 | 109 | 108 | 90 | 91 |
| Inventory Days | 134 | 69 | 212 | 172 | 82 | 107 | 155 | 236 |
| Days Payable | 430 | 111 | 294 | 249 | 108 | 73 | 81 | 126 |
| Cash Conversion Cycle | -11 | 21 | 121 | 161 | 83 | 143 | 164 | 201 |
| Working Capital Days | 144 | 24 | 111 | 182 | 114 | 151 | 160 | 178 |
| ROCE % | 24% | -30% | -17% | -1% | 17% | 6% | 8% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Investor Presentation
29 May - Investors Presentation on the Performance of the company for the half year and year ended on March 31, 2025
-
Statement Of Deviation/Variation In Utilization Of Funds Raised Through Preferential Issue Of Equity
Shares Upon Conversion Of Fully Convertible Warrants For The Half Year And Year Ended March 31
2025.
28 May - No deviation in utilization of Rs.591.75 lakh raised via preferential equity issue.
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
28 May - Inflame Appliances confirms non-applicability of SEBI Large Corporate framework as of FY 2025.
- Outcome Of Board Meeting Held On Today I.E. On Wednesday, May 28, 2025, In Terms Of Second Proviso To Regulation 30(6) Of SEBI (LODR) Regulations, 2015. 28 May
-
Board Meeting Outcome for Outcome Of Board Meeting Held On Today I.E. On Wednesday, May 28, 2025, In Terms Of Second Proviso To
Regulation 30(6) Of SEBI (LODR) Regulations, 2015.
28 May - Audited FY25 standalone results approved; Rs. 591.75L preferential issue fully utilized; unmodified audit opinion.
Business Overview:[1]
IAL is an ISO 9001:2015 certified company which markets and sells its products through its brand Inflame in domestic & overseas markets. It is a manufacturer of Electrical Chimneys/Range Hoods, Built-in Gas
Hobs and LPG Gas Stove/ Cooktops
(Metal & Glass Cooktops), etc.
Product Profile:
a) Pyramid Chimneys:[2]
Electric Kitchen Hood Ava 60 PB BK, Electric Kitchen Hood Ava 60 PB HAC BK, Electric Kitchen Hood Viva 60 PB BK
b) Curved Glass Chimneys:[3]
Electric Kitchen Hood Curve 60 PB BK, Electric Kitchen Hood Dove 60 PB PF HAC BK, etc.
c) Straight T-Shaped Chimneys:[4]
Electric Kitchen Hood Jade 60 MS HAC BK, Electric Kitchen Hood Phoenix 60 MS PF HAC BK, etc.
d) Vertical Chimneys:[5]
Electric Kitchen Hood Daisy 60 MS HAC BK, Electric Kitchen Hood Lilly 60 MS HAC BK
e) Island Chimneys:[6]
Electric Kitchen Hood Orian 90 MS HAC BK
f) Built-in Hobs:[7]
Alexis 75 RDPS 3Burner Brass Built-in Gas Hob, Alicia60 SQPS 4 Burner Brass Built-in Gas Hob, etc.
g) OTG:[8]
company has developed 6 models of a new product namely OTG (Oven Toaster Grill)