| Management target | Revenue FY27 |
|---|
| Revenue growth | 23% YoY |
|---|---|
| Margins | Down to 1.1% from 5.9%; hoping for recovery in Q2 |
| Demand visibility | Strong across categories except motors |
| Management confidence | Moderate; prioritizing margins over revenue |
Growth
Revenue grew 23% YoY; volume growth high single to low double-digits. EBITDA plummeted to ₹4 Cr (1.1% margin).
Outlook
FY27 revenue guidance of ₹1375 Cr; Bhiwadi plant starting Q2; focus on margin recovery over volume.
Risks
Fire at Ghaziabad plant; 25% minimum wage hike; high commodity/PCB costs; irrational competition in lighting battens.
Last quarter's promises, checked
Delivered
- Bhiwadi plant ready for Q2 → delivered Q2 start (= BEAT)
- Double-digit lighting growth FY27 → delivered Q1 growth (= BEAT)
Partly delivered
- Pass on 100% cost hikes by June → delivered partial recovery (= PARTIAL)
Missed
- Maintain margins via price hikes → delivered 1.1% margin (= MISS)
- FY27 revenue growth 15% → delivered 23% but guidance cut (= MISS)
Earnings Call Transcript filed with BSE, NSE: ELIN. Summary written with AI assistance from the document.
Elin Electronics Ltd: key numbers
- Share price
- ₹83.97
- Market cap
- ₹417.4 Cr
- Revenue (annual)
- ₹1,288 Cr
- Net profit (annual)
- ₹22.59 Cr
- P/E (TTM)
- -26.6×Sector 44.3×
- Promoter holding
- 32.97%+0.00% QoQ
- FII holding
- 0.60%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Elin Electronics Ltd
All →Elin Electronics Earnings Call Transcript: Key Takeaways
Q2 revenue rose 10% to ₹413.2 Cr, but EBITDA margin fell to 3.4% from 5.4% on input and wage inflation. Management was cautious on margins. FY27 revenue is guided at about ₹1,400 Cr.
Elin Electronics Q2 FY27 Results: Net Profit ₹2.9 Cr, Down 71.8% YoY
Elin Electronics Ltd reported revenue from operations of ₹413.4 Cr (+10.4% YoY) and net profit of ₹2.9 Cr (-71.8% YoY) for Q2 FY27.
- Key figure
- Net profit ₹2.9 Cr · -71.8% YoY
Elin Electronics Promoter Reclassification
Elin Electronics' promoter entity Kamexim Pvt Ltd requests reclassification to the public category under Regulation 31A. The company will seek exchange no-objection following an internal ownership change.
Elin Electronics Board Meeting Date
ELIN Electronics will hold a board meeting on 5 November 2026 to consider unaudited standalone and consolidated quarterly financial results for the period ended September 2026. The trading window is closed from 1 October to 10 November 2026.
Elin Electronics Annual General Meeting
Elin Electronics filed minutes of its 44th AGM held on 28 September 2026. Shareholders approved financials, re-appointed directors and cost auditors.
Elin Electronics Other Announcement
Elin Electronics Limited submitted the Reconciliation of Share Capital Audit Report for the quarter ended September 30, 2026, as required under SEBI regulations.