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Elin Electronics Ltd
NSE:ELIN

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Elin Electronics Ltd
NSE:ELIN
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Price: 173.49 INR -1.5% Market Closed
Market Cap: 8.6B INR

Elin Electronics Ltd
Investor Relations

Elin Electronics Ltd. engages in the provision of electronics manufacturing services (EMS). The company is headquartered in New Delhi, Delhi. The company went IPO on 2022-12-30. The firm offers various products and services to its original equipment manufacturer (OEM) customers. The firm is a one-stop solution provider, offers electronic manufacturing services, universal motors and induction motors, design & manufacturing of tools/molds/dies, domestic kitchen appliances, personal care products, lighting products & automotive components. The Company’s products include motors, fans, automotive components, appliances, light-emitting diode (LED) lighting and medical diagnostic cartridges.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Nov 10, 2025
AI Summary
Q2 2026

Strong Revenue Growth: Q2 operating revenue grew 23% YoY to INR 375 crores, driven by robust appliance and fan business performance and timing of Diwali sales.

Profitability Surge: Consolidated EBITDA jumped 80% YoY to INR 20.4 crores and PAT more than doubled to INR 10.3 crores.

Export Setback: Exports to the USA halted since August 2025 due to tariff uncertainty, potentially impacting full-year revenue guidance by up to 3%.

Guidance Update: FY26 revenue guidance of INR 1,350 crores remains, but management notes a potential 3% downside if exports do not resume.

EBITDA Margin Outlook: Full-year margin expected between 5.5% and 6%, slightly lower than original due to higher margin exports being stalled and some one-off costs.

Bhiwadi Facility Progress: New plant construction is on track to open by March/April 2026, aiming for INR 140 crores revenue in FY27 and INR 250 crores in FY28.

Business Diversification: Significant progress in diversifying customer base and product mix, with new customer additions in lighting and strong BLDC fan growth.

Strong Liquidity: Net cash position of INR 94 crores and improved working capital efficiency noted.

Key Financials
Operating Revenue
INR 375 crores
EBITDA
INR 20.4 crores
PAT
INR 10.3 crores
Net Cash
INR 94 crores
Working Capital Days
53 days
CapEx (H1 FY26)
INR 14.5 crores
Cash Flow from Operations (H1 FY26)
INR 36 crores
EBITDA Margin
5.7% (H1 FY26)
Revenue (Lighting, Fans and Switch segment)
INR 72.4 crores
Revenue (Home Appliance segment)
INR 140 crores
Revenue (FHP Motor Segment)
INR 74 crores
Other Earnings Calls
2025

Management

Mr. Mangi Lall Sethia
Chairman of the Board
No Bio Available
Mr. Raj Karan Chhajer
Chief Financial Officer
No Bio Available
Mr. Kishore Sethia
Director of Operations
No Bio Available
Mr. Kamal Sethia
MD & Director
No Bio Available
Mr. Sumit Sethia
Whole-Time Director
No Bio Available
Mr. Akash Sethia
Head of Strategy
No Bio Available
Mr. Praveen Tandon
Chief Executive Officer
No Bio Available
Ms. Lata Rani Pawa
Company Secretary & Compliance Officer
No Bio Available

Contacts

Address
DELHI
New Delhi
4771, Bharatram Road, 23, Daryaganj,
Contacts
+911143000400
www.elinindia.com