Inflame Appliances FY26: Growth Meets Scale as Chimneys Lead the Story

FY26 consolidated revenue from operations was INR 1505.8 million, EBITDA was INR 194.4 million (12.9% margin), and reported PAT was INR 58.8 million (3.9% margin).

The company attributed growth to strong chimney demand, volume growth across Panchkula and Hyderabad facilities, and premiumisation that improved realizations and profitability.

The presentation states chimneys contribute 90-95% of FY26 revenue, while other products contribute 5-10%.

Post expansion, total capacity is stated as 600,000 chimneys, 120,000 hobs and 300,000 gas stoves across Panchkula and Hyderabad plants.

Tricoe Machmatrix Private Limited is an associate company in which Inflame holds a 34% equity stake, focused on electronics and embedded systems such as IoT devices and control modules used in appliances, aligned with backward integration and technology enhancement.

Management highlighted input cost pressures from INR depreciation, geopolitical supply chain disruptions and raw material price increases, and stated it is discussing price revisions with customers to mitigate the impact.