Pursuant to provision of Reglation 30of SEBI LODR Regulations, 2015, Please find the press release Highlighting the business update of the Q4 & H2FY26.
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 07 Apr 2026, 05:12 PM IST · BSE ID: ad23683b-5d6d-444b-aead-b72650cc469f
View Original BSE Filing (PDF)
💡
In Simple Terms
Inflame Appliances, a kitchen chimney maker, reported its full-year profits and sales grew 45% with customer orders up 38%.
🤖 AI Summary
- FY26 total revenue grew 45% YoY to Rs. 156.6 crore; chimney volumes up 38% to 2,68,572 units
- H2 FY26 revenue Rs. 80.2 crore, 46% YoY growth; volumes jumped 52% to 1,34,067 units
- Q4 FY26 revenue Rs. 36.6 crore, 11% YoY growth; volumes 58,446 units, 20% YoY increase
- Blended realisations improved 14% YoY in FY26; capacity utilisation rose to 45% from 32% prior year
- Unaudited provisional numbers; April 2026 shows continued pent-up demand spillover
🔢 Key Numbers — exact figures from BSE filing, not rounded
FY26 Total Revenue (Unaudited)
Rs. 156.6 crore
45%
FY26 Chimney Volumes
2,68,572 units
38%
H2 FY26 Total Revenue (Unaudited)
Rs. 80.2 crore
46%
H2 FY26 Chimney Volumes
1,34,067 units
52%
Q4 FY26 Total Revenue (Unaudited)
Rs. 36.6 crore
11%
Q4 FY26 Chimney Volumes
58,446 units
20%
FY26 Blended Realisations Improvement
14% YoY
FY26 Capacity Utilisation
45%
Q4 FY26 Capacity Utilisation
39%
🏢 How This Affects the Company
Revenue of Rs. 156.6 crore in FY26 reflects sustained chimney demand with 38% volume growth. H2 FY26 showed acceleration with 52% volume YoY, signalling improved market traction and April spillover demand confirming momentum persistence.
Blended realisations improved 14% YoY in FY26 through better pricing and product mix, offsetting commodity and input costs. Capacity utilisation gains from 32% (FY25) to 45% (FY26) indicate improving operational leverage and fixed cost absorption.
Both plant locations achieved higher capacity utilisation — Q4 FY26 at 39% versus 32% prior year — indicating better machine deployment. Volume growth of 38% YoY managed within existing asset base without disclosed capex announcements.
Figures are provisional and unaudited; final audited results required for validation. Capacity still utilised at 45% signals substantial expansion headroom but also indicates significant unutilised capacity remaining in plant network.
👥 What This Means For Shareholders
✅
Action Required
Await audited FY26 results and board confirmation before investment decisions; verify capacity expansion plans.
👤
Who Is Affected
All shareholders — revenue and profit visibility depends on audited conversion of provisional Rs. 156.6 crore FY26 number and validation of 45% realisations improvement.
🔍
Management Signal
CEO commentary prioritises growth sustenance through 'efficient execution and gradual premiumisation' — signals disciplined margin expansion strategy over volume-chasing.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Audited FY26 financial results — verify Rs. 156.6 crore revenue and validate 45% realisations improvement
Q1 FY27 earnings — confirm if pent-up April demand sustains or normalises after spillover period
Capacity expansion announcement — clarify if 45% utilisation triggers new plant investment or automation
MEDIUM RISK
Provisional unaudited figures require audit validation. Low capacity utilisation at 45% suggests unutilised capex or declining future demand. Reliance on kitchen chimney segment only.
💡 Investor Takeaway
Inflame Appliances delivered Rs. 156.6 crore FY26 revenue (+45% YoY) with 2,68,572 unit volumes (+38% YoY) and blended realisations up 14% YoY. Capacity utilisation improved to 45% from 32%, but remains suboptimal. Figures are provisional, unaudited.
⚖️ Strengths & Concerns
✅ Positives
- FY26 revenue growth of 45% YoY to Rs. 156.6 crore with volume expansion of 38% demonstrates strong market demand
- Blended realisations improved 14% YoY in FY26 through pricing and product mix gains, improving per-unit profitability
⚠️ Concerns
- Capacity utilisation at 45% in FY26 indicates 55% of installed capacity remains unused, raising fixed-cost burden
- All disclosed numbers are provisional and unaudited; final audited results required before investor reliance