ALFA Finder| Revenue growth | Revenue ₹413.2 Cr, +10% YoY; mostly price-led, Diwali-delayed. |
|---|---|
| Margins | EBITDA margin 3.4% vs 5.4% YoY; up from 1.1% in Q1. |
| Order book | No order book system; Bhiwadi visibility ~₹150 Cr non-binding. |
| Demand visibility | Diwali spillover expected into Q3; volumes low single-digit. |
| Management confidence | Balanced; declined margin assurances, cited macro volatility. |
Growth
Revenue +10% YoY to ₹413.2 Cr, mostly price-led with low single-digit volume growth. EBITDA ₹14.1 Cr vs ₹20.3 Cr.
Outlook
FY27 revenue ~₹1,400 Cr ±3%. FY27 EBITDA margin ~2.5-3.5%. Bhiwadi FY28 revenue ~₹150 Cr.
Risks
Polymer +30%, steel +12-15%, Ghaziabad wages +25% then further hike. Pass-through is slow, and about 4% more price is needed.
Last quarter's promises, checked
Delivered
- Q1 call: margin to rise in Q2 from 1.1% → 3.4% (= BEAT)
- Battens scale-down → cut from August (= BEAT)
Partly delivered
- FY27 revenue ₹1375 Cr → ~₹1,400 Cr ±3% (= PARTIAL)
- Bhiwadi FY27 ₹70-90 Cr → not disclosed (= PARTIAL)
Missed
- Bhiwadi commercial output 'this month' (Aug) → mid-Sep (= MISS)
- Price hikes recovered by Sep → ~4% more still needed (= MISS)
- Bulk Bhiwadi capex concluded → ₹12-14 Cr more capex (= 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 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.
Elin Electronics Credit Rating
Elin Electronics Limited received a credit rating reaffirmation from CRISIL Ratings Ltd., maintaining the long-term bank loan facility rating at CRISIL A with a Stable outlook.