---
title: "Inflame Appliances Ltd (541083) — Share Price, Financials & Analysis"
symbol: "541083"
company: "Inflame Appliances Ltd"
canonical: "https://tapetide.com/stocks/541083"
isin: "INE464Z01017"
nse_symbol: "INFLAMELTD"
bse_code: "541083"
sector: "Consumer Goods"
industry: "Houseware"
market_cap_cr: 172.3
generated_at: "2026-09-13T18:52:16.584Z"
---

# Inflame Appliances Ltd (541083)

Canonical page: https://tapetide.com/stocks/541083

## Company

- **NSE Symbol:** INFLAMELTD
- **BSE Code:** 541083
- **ISIN:** INE464Z01017
- **Sector:** Consumer Goods
- **Industry:** Houseware
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2018-03-16
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** inflameindia.com

## About

Inflame Appliances Ltd is an integrated kitchen-appliance manufacturer focused predominantly on OEM/ODM supply to Indian consumer brands, alongside its own Inflame brand. It manufactures electrical chimneys, built-in hobs, gas stoves, cooktops, and premium built-in appliances at facilities in Panchkula and Hyderabad.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:54:18.102093Z.

- **Market Cap:** ₹172.3 Cr
- **Classification:** SME
- **P/E (reported):** 29.3
- **EPS (reported):** ₹1.44
- **Book Value:** ₹82.59
- **Price to Book:** 2.78
- **Dividend Yield:** 0%
- **ROE:** 9.48%
- **ROCE:** 15.99%
- **Debt to Equity:** 0.87
- **Revenue (yearly):** ₹150.6 Cr
- **Net Income:** ₹5.9 Cr
- **EBITDA:** ₹19.4 Cr
- **52-Week High:** ₹358.95
- **52-Week Low:** ₹201.2
- **RSI (14):** 51.44

## Tapetide Score

- **Score:** 42 / 100
- **Score date:** 2026-09-04
- **Archetype:** Expensive and Under Pressure
- **What it means:** The multiple is demanding and the trend has turned against it, without the financial strength that would justify paying up. What matters is whether the de-rating stops at the multiple or starts showing up in the numbers.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Falling
- **Percentile:** 19.7 (of 4473 scored stocks)
- **Confidence:** 88%
- **Data coverage:** 76%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 33.83 | 9% |
| growth | 88.32 | 9% |
| momentum | 28.97 | 12% |
| ownership | 27.27 | 24% |
| quality | 58.44 | 22% |
| valuation | 35.17 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Weaknesses

- Stock is trading at 2.78 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 6.44% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 590.96% | 29.02% | — |
| ebitda margin growth | 9.87% | — | — |
| net income growth | 90.32% | 8% | 30% |
| revenue growth | 41.28% | 25% | 50% |
| roce | 56.76% | — | — |
| roe | 69.89% | — | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 6 | 14 | 14 | 25 | 37 | 41 | 43 | 49 | 53 | 53 | 76 | 76 |
| Expenses | 6 | 16 | 16 | 22 | 35 | 33 | 40 | 44 | 48 | 46 | 67 | 66 |
| Operating Profit | -1 | -1 | -1 | 3 | 2 | 8 | 3 | 5 | 5 | 7 | 9 | 10 |
| OPM % | -12 | -9 | -10 | 11 | 6 | 20 | 6 | 10 | 10 | 13 | 12 | 13 |
| Other Income | 0 | 0 | 0 | 0 | 0 | -2 | 0 | 1 | 0 | 0 | 0 | 0 |
| Interest | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 3 |
| Depreciation | 2 | 0 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 3 | 4 |
| Profit before tax | -3 | -2 | -2 | 0 | 0 | 4 | 0 | 1 | 1 | 3 | 4 | 4 |
| Tax % | -26 | -25 | -26 | 28 | 16 | 28 | 100 | 24 | 25 | 21 | 12 | 43 |
| Net Profit | -2 | -1 | -2 | 0 | 0 | 3 | 0 | 1 | 1 | 2 | 4 | 2 |
| EPS in Rs | -3.42 | -2.18 | -2.89 | 0.26 | 0.57 | 3.83 | 0.01 | 1.42 | 1.1 | 3.08 | 4.7 | 3.04 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 9 | 55 | 15 | 20 | 40 | 77 | 92 | 106 | 151 |
| Expenses | 8 | 52 | 19 | 22 | 38 | 67 | 84 | 94 | 132 |
| Operating Profit | 1 | 3 | -4 | -2 | 2 | 10 | 8 | 12 | 19 |
| OPM % | 6 | 6 | -25 | -10 | 3.8 | 13 | 9 | 11 | 13 |
| Other Income | 0 | 1 | 1 | 0 | 0 | -1 | 1 | 0 | 0 |
| Interest | 0 | 0 | 1 | 1 | 2 | 2 | 3 | 4 | 5 |
| Depreciation | 0 | 1 | 2 | 2 | 2 | 2 | 4 | 5 | 6 |
| Profit before tax | 0 | 3 | -6 | -5 | -2 | 4 | 2 | 4 | 8 |
| Tax % | 23 | -27 | -26 | -26 | -25 | 27 | 31 | 22 | 28 |
| Net Profit | 0 | 4 | -4 | -3 | -2 | 3 | 1 | 3 | 6 |
| EPS in Rs | 0.5 | 6.07 | -7.1 | -5.6 | -2.48 | 4.41 | 1.43 | 4.18 | 7.74 |
| Dividend Payout % | 0 | 8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 4 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 7 |
| Reserves | 6 | 6 | 2 | -2 | 8 | 34 | 40 | 49 | 54 |
| Borrowings | 1 | 4 | 10 | 19 | 14 | 27 | 38 | 42 | 53 |
| Other Liabilities | 8 | 18 | 15 | 15 | 11 | 14 | 19 | 30 | 31 |
| Total Liabilities | 19 | 34 | 32 | 38 | 39 | 83 | 104 | 128 | 145 |
| Fixed Assets | 3 | 13 | 12 | 11 | 10 | 13 | 33 | 35 | 38 |
| CWIP | 1 | 0 | 0 | 0 | 1 | 13 | 2 | 6 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 16 | 20 | 20 | 27 | 27 | 57 | 69 | 88 | 104 |
| Total Assets | 19 | 34 | 32 | 38 | 39 | 83 | 104 | 128 | 145 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -4 | 8 | 0 | -3 | -5 | -2 | 4 | 2 | 12 |
| Cash from Investing Activity | -5 | -10 | 0 | -3 | -1 | -24 | -11 | -7 | -7 |
| Cash from Financing Activity | 10 | 1 | 0 | 6 | 5 | 26 | 8 | 4 | -5 |
| Net Cash Flow | 1 | -1 | 0 | 0 | 0 | 0 | 1 | -1 | 0 |
| Free Cash Flow | -7 | -3 | 0 | -4 | -6 | -19 | -10 | -8 | 5 |
| CFO/OP | -698 | 256 | -3 | 146 | -301 | -21 | 49 | 14 | 61 |

### Ratios

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 285 | 63 | 203 | 238 | 109 | 108 | 90 | 91 | 68 |
| Inventory Days | 134 | 69 | 212 | 172 | 82 | 107 | 155 | 236 | 216 |
| Days Payable | 430 | 111 | 294 | 249 | 108 | 73 | 81 | 126 | 89 |
| Cash Conversion Cycle | -11 | 21 | 121 | 161 | 83 | 143 | 164 | 201 | 195 |
| Working Capital Days | 144 | 12 | -47 | 0 | 25 | 62 | 78 | 102 | 85 |
| ROCE % | — | 24 | -30 | -17 | -1 | 17 | 6 | 9 | 12 |

## Shareholding Pattern

### Quarterly

| Category | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 48.12% | 48.12% | 43.77% | 43.77% | 43.59% | 43.59% | 43.59% | 43.59% | 44.72% | 44.72% | 44.72% | 44.72% |
| FIIs | 0% | 0% | 0% | 0% | 1.12% | 3.41% | 5.07% | 5.53% | 5.2% | 5.3% | 5.31% | 0.19% |
| DIIs | 0% | 0% | 0% | 0% | 2.24% | 2.62% | 1.42% | 1.44% | 1.41% | 1.4% | 1.4% | 0.16% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 37.59% | 37.65% | 42.55% | 41.51% | 38.99% | 42.39% | 41.02% | 37.69% | 40.51% | 41.17% | 41.68% | 46.39% |
| Others | 14.29% | 14.23% | 13.68% | 14.72% | 14.06% | 8% | 8.9% | 11.74% | 8.16% | 7.41% | 6.88% | 8.54% |
| No. of Shareholders | 642 | 691 | 773 | 911 | 1072 | 1686 | 1954 | 2045 | 1964 | 1853 | 1838 | 1924 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 6 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 230.96 | Sell |
| EMA (10) | 230.17 | Sell |
| SMA (20) | 228.42 | Buy |
| EMA (20) | 228.85 | Buy |
| SMA (50) | 229.55 | Sell |
| EMA (50) | 230.14 | Sell |
| SMA (100) | 237.51 | Sell |
| EMA (100) | 239.54 | Sell |
| SMA (200) | 270.25 | Sell |
| EMA (200) | 249.87 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 50.95 | Neutral |
| MACD (12,26,9) | 1.49 | Sell |
| Stochastic (14,3,3) | 37.79 | Neutral |
| ADX (14) | 24.25 | Neutral |
| Williams %R (14) | -71.26 | Neutral |
| ATR (14) | 10.64 | High Volatility |
| ROC (12) | -0.67 | Sell |
| Stoch RSI (14) | 17.35 | Buy |
| UO (7,14,28) | 52.35 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=86c6488a-8868-4cba-9932-1c07f74acc0c.pdf) |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e387378a-a652-4038-8372-cdca63df05ac.pdf) |
| 2026-09-07 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bdef903a-1439-4fe3-96b3-a32985332055.pdf) |
| 2026-08-17 | [Letter Sent To Members](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=197e3d7e-986c-41eb-b3ff-893477c9e2b9.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6cd2da7d-08f3-4383-8951-4ea3d3624122.pdf) |
| 2026-08-13 | [Appointment Of Cost Auditor](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3b6c79e2-c42e-4b6e-8341-27c300d9f75c.pdf) |
| 2026-08-12 | [Board Meeting Outcome for Outcome Of Board Meeting Held On Today I.E. On August 12 2026 In Terms Of Second Proviso To Regulation 30(6) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a8852248-9812-43ca-9f50-f8d16fea5bc6.pdf) |
| 2026-08-12 | [Submission Of Notice Of 9Th Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8cf96c87-e11a-4b3a-aec6-d766abf44d3c.pdf) |
| 2026-08-12 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=76caae90-af3c-4124-b616-2ae55b647b44.pdf) |
| 2026-07-16 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=927c6bb6-5c85-4db9-ba0d-7cf9e69f40cf.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-06-05 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fca78f7b-debe-4f70-beb3-2e56d2e1ff9c.pdf) |
| 2025-11-18 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4e8ab088-670c-4906-9cc9-6ce580ef2b5b.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4e8ab088-670c-4906-9cc9-6ce580ef2b5b.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/98114be8-10d7-48d7-86ac-b176aad71010.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/1d4e30d5-34db-44d6-a2db-bf733ad148ae.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1d0944ac-c255-4d51-9f45-d60eb02c0ede.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f06606fa-aa1d-41a8-9925-b26c86c54a22.pdf) |
| Mar 2023 | [Concall - Mar 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0762885b-79ad-4bbd-a9d3-bfa0442f9813.pdf) |
| Jun 2026 | [Concall - Jun 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1d4e30d5-34db-44d6-a2db-bf733ad148ae.pdf) |
| Jun 2024 | [Concall - Jun 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/56738ac8-45c5-4f92-9759-7e0134cf2c62.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-06-01 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8de89ddd-eef1-4abd-b85a-5560e9c49a45.pdf) |
| 2025-11-15 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dade8ba3-89c5-4409-926c-efce06bac678.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-05-30 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1d4e30d5-34db-44d6-a2db-bf733ad148ae.pdf) |
| 2025-11-15 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1afd95cf-e0c9-4546-9a99-9fa79c02f496.pdf) |
| 2025-05-29 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1d0944ac-c255-4d51-9f45-d60eb02c0ede.pdf) |
| 2024-06-04 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=56738ac8-45c5-4f92-9759-7e0134cf2c62.pdf) |
| 2023-05-26 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f06606fa-aa1d-41a8-9925-b26c86c54a22.pdf) |
| 2023-03-31 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0762885b-79ad-4bbd-a9d3-bfa0442f9813.pdf) |
| 2021-11-02 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=98114be8-10d7-48d7-86ac-b176aad71010.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-28 | [Outcome Of Board Meeting Held Today I.E. On Thursday May 28 2026 In Terms Of Second Proviso To Regulation 30(6) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=57ddb646-68a6-4c01-8cca-9d91ae866232.pdf) |
| 2025-11-14 | [Outcome Of Board Meeting Held On Today I.E. On Friday November 14 2025 In Terms Of Second Proviso To Regulation 30(6) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bb23ff80-d41c-4f45-a371-ca15e4e28495.pdf) |
| 2025-05-28 | [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 (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=96c4604b-95b9-42f6-b0f7-c13c10906f00.pdf) |
| 2024-11-13 | [Outcome Of Board Meeting Held On Today I.E. On Wednesday, November 13, 2024, In Terms Of Second Proviso To Regulation 30(6) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a8e2624d-b16c-44ad-ba9c-6a702e9cfb40.pdf) |
| 2024-05-29 | [Outcome Of Board Meeting Held On Today I.E. May 29, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d7904956-cff0-452f-ad1e-012909ccc242.pdf) |
| 2023-11-11 | [Results- Financial Result For September 30, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=77d40863-4e6f-4cfe-bed8-1f5b0cf4d113.pdf) |
| 2023-05-24 | [Board Meeting Outcome for Outcome Of Board Meeting Held On Today I.E. On May 24, 2023, In Terms Of Second Proviso To Regulation 30(6) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8b530b33-812c-4ee1-ac77-9618de947945.pdf) |
| 2023-05-24 | [Submission Of Audited Financial Result Of The Company For The Half Year And Year Ended On March 31, 2023 Along With Auditor Report (Unmodified Opinion) And Declaration For The Auditor'S Report With Unmodified Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d3502d22-f55b-45b7-b63b-2fdf01a8af4a.pdf) |
| 2022-11-14 | [Submission Of Unaudited Financial Results For The Half Year Ended On 30Th September, 2022.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d0cb5f60-6596-431e-a79d-f93d13657f42.pdf) |
| 2022-05-27 | [Submission Of Audited Financial Result Of The Company For The Half Year And Year Ended On March 31, 2022 Along With Auditor Report (Unmodified Opinion) And Declaration For The Auditor'S Report With Unmodified Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fb5c16fb-40bb-4df0-9d6a-5f19047cd9a6.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 Mar - Board appointed Mittal V. Kothari & Associates (secretarial) and Mukesh K. Sharma (internal) for FY2025-26. | [Appointment Of Secretarial And Internal Auditor For The FY 2025-26 7 Mar - Board appointed Mittal V. Kothari & Associates (secretarial) and Mukesh K. Sharma (internal) for FY2025-26.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/28fd5ad6-3d49-45a4-bcf2-0020c6537c7b.pdf) |
| 7 Mar - Appointed Mittal V. Kothari & Associates as Secretarial Auditor and Mukesh Kumar Sharma as Internal Auditor for FY2025-26. | [Board Meeting Outcome for Appointment Of Secretarial And Internal Auditor For The FY 2025-26 7 Mar - Appointed Mittal V. Kothari & Associates as Secretarial Auditor and Mukesh Kumar Sharma as Internal Auditor for FY2025-26.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/241071ed-402f-49ac-a08a-98a91b809134.pdf) |
| 7 Apr - Inflame Appliances reported FY26 revenue up 45% to ₹156.6 crore and volumes up 38%. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 7 Apr - Inflame Appliances reported FY26 revenue up 45% to ₹156.6 crore and volumes up 38%.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2748d13a-a89c-4e72-b3f1-7ac394b0af22.pdf) |
| 28 Feb - Management to attend Arihant Capital virtual conference March 6, 2026, 1:00–2:00 PM; no UPSI. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 28 Feb - Management to attend Arihant Capital virtual conference March 6, 2026, 1:00–2:00 PM; no UPSI.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5bcb8a00-9252-4a4c-880c-9d92c841fb74.pdf) |
| 21 Jan - Analyst/institutional investor meeting Jan 29, 2026 at 03:30 PM, virtual via Goldman Sachs. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 21 Jan - Analyst/institutional investor meeting Jan 29, 2026 at 03:30 PM, virtual via Goldman Sachs.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dfbeedc4-1d17-4547-b26e-e1a796a7f3cf.pdf) |
| 15 Apr - On April 15, 2026, Ashwani Kumar Goel resigned as whole-time director; Amit Kaushik appointed additional director and CEO. | [Announcement under Regulation 30 (LODR)-Change in Management 15 Apr - On April 15, 2026, Ashwani Kumar Goel resigned as whole-time director; Amit Kaushik appointed additional director and CEO.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9158c289-0152-4839-b40e-32f09ff1a5e9.pdf) |
| 15 Apr - Board on April 15, 2026 noted Ashwani Kumar Goel’s resignation and appointed Amit Kaushik as additional director and CEO. | [Announcement under Regulation 30 (LODR)-Resignation of Director 15 Apr - Board on April 15, 2026 noted Ashwani Kumar Goel’s resignation and appointed Amit Kaushik as additional director and CEO.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ca684ec2-0c06-4ff2-8102-a1f0e5f97569.pdf) |
| 15 Apr - Ashwani Kumar Goel resigned as Whole-time Director; Amit Kaushik appointed Additional Director and CEO on April 15, 2026. | [Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. On Wednesday, April 15, 2026 In Pursuant To The Provision Of Regulation 30 Of SEBI(LODR) Regulations, 2015 15 Apr - Ashwani Kumar Goel resigned as Whole-time Director; Amit Kaushik appointed Additional Director and CEO on April 15, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5032b979-d3cb-44bd-8bf5-087d49cb2909.pdf) |
| 13 Jan - Certificate provided by RTA under Regulation 74(5) of SEBI (DP) Regulation, 2018. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Jan - Certificate provided by RTA under Regulation 74(5) of SEBI (DP) Regulation, 2018.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8083cb29-9dd0-4b5c-b741-fbca69ae9c70.pdf) |
| 12 Mar - Inflame Appliances to attend Kaptify Investor Conference March 18, 2026; group in-person meeting, no UPSI. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 12 Mar - Inflame Appliances to attend Kaptify Investor Conference March 18, 2026; group in-person meeting, no UPSI.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b15e7e3f-3427-49ac-9274-fd9d0613f3e2.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_PIONDIST_2010_2011_25102011052525.zip) |
| from nse | [Financial Year 2010 from nse](https://archives.nseindia.com/annual_reports/AR_PIONDIST_2009_2010_01092010120000.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/76caae90-af3c-4124-b616-2ae55b647b44.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e85f13e4-0c31-4a6c-b77a-15b4a058924e.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b536a6f4-b925-47f7-bbde-a64c50cd595f.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/038838e7-fccc-42a5-b2a6-0a6c4fff843b.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/541083/74206541083.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport//76482531879.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/541083/71076541083.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport//70911531879.pdf) |

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