Inflame Appliances Ltd

INFLAME Stock Summary · June 2026

Strong FY26 results highlighted robust top‑line and margin expansion alongside active capacity and localization moves tempered by near‑term input‑cost pressure. Revenue rose roughly 41–42% year‑over‑year and EBITDA climbed about 55%, while chimney production reached ~270,000 units and management reconfirmed a 400,000‑unit chimney target for the year. The tone emphasized operational execution: phased capacity additions (a new floor adding ~12–15k chimney units and Panchkula expansion with ~INR10 crore CapEx), backward integration via a 34%‑owned associate to localize BLDC motors and electronics, and automation/AI inspection expected to lift output 15–20% once live. Management also acknowledged tensions from raw‑material consumption rising from ~70% to ~75% of sales, FX volatility (an INR 70–80 lakh variance) and a three‑week gas disruption, saying they expect to mitigate cost pressure in ~1.5–2 months through pass‑throughs and alternate sourcing. Near term they cited strong order momentum with 40–50% month‑on‑month growth, a built‑in revenue target of INR 450–500 crore next year, and no immediate change to listing or promoter stake plans.