Inflame Appliances Ltd — Important, 18-11-2025: Company Update

Inflame Appliances achieved over 40% growth and strong profit after tax in H1 FY26, hitting target gross margins of 28-30%. With Panchkula near peak capacity and Hyderabad at 50% utilization, a INR9-10 crore CapEx is planned for Panchkula to expand capacity and launch new built-in products. Two to three "first-in-India" products are also in the pipeline. BIS regulations are creating significant opportunities, as Inflame displaces imports. The company expects continued 15% year-on-year growth, aiming for INR400-500 crore revenue and over 30% market share by FY28. Current debt includes INR19.2 Cr long-term and INR28.5 Cr short-term.