| Revenue growth | Q2 consolidated +22%; brand +65%; H1 +25% |
|---|---|
| Margins | Consolidated GM 11.53% vs 7.49%; EBITDA -14.05% |
| Demand visibility | Festive push; AC 2027 ranges finalised |
Growth
Brand revenue +65% YoY in Q2 (Rs150.4 Cr); +48% in H1 (Rs325.7 Cr). Consolidated revenue +22% Q2, +25% H1 (Rs381.1 Cr). Brand margin 17.7%, up 470 bps ex one-off.
Outlook
No numeric guidance given. Focus on scaling, SmartHub expansion in Tier 2/3 cities, festive portfolio, and finalised 2027 AC ranges.
Risks
Geopolitical component cost inflation, gross margin below expectations, slower washing machine growth, slow service improvement, widening losses (H1 PAT -Rs54 Cr).
Last quarter's promises, checked
Delivered
- 100-inch QD Mini-LED 'going to market as we speak' → launched in Q2 (= BEAT)
Partly delivered
- Growth momentum sustained → consolidated YoY +29.5% in Q1, +22% in Q2 (= PARTIAL)
- Much stronger WM range by Diwali → WM +23% H1, but slower WM growth flagged as risk (= PARTIAL)
Missed
- Borrowings ~Rs38 Cr, repaid over 18 months → Rs45.2 Cr borrowings in Q2 (= MISS)
- ~30% further revenue step-up from Q1 Rs182.4 Cr to reach PAT-positive scale → Q2 Rs198.6 Cr; PAT -Rs39.8 Cr (= MISS)
Investor Presentation filed with BSE, NSE: ONIDA. Summary written with AI assistance from the document.
Onida Electronics Ltd: key numbers
- Share price
- ₹26.83
- Market cap
- ₹991.5 Cr
- Revenue (annual)
- ₹660.0 Cr
- Net profit (annual)
- ₹-74.74 Cr
- P/E (TTM)
- -8.7×Sector 44.4×
- Promoter holding
- 40.50%-0.01% QoQ
- FII holding
- 0.19%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Onida Electronics Ltd
All →Onida Electronics Earnings Call Transcript: Key Takeaways
Q2 brand revenue rose 65% to ₹150.4 Cr at a 17.7% brand margin; total revenue ₹198.6 Cr (+22%). Management is upbeat on festive demand but cautious on input costs and the unresolved West Asia situation, and is winding down OEM business.
Onida Electronics Employee Stock Options
Onida Electronics allotted 22,060 equity shares under its ESOP/ESPS scheme on 3 November 2026. The share count rose from 369,527,844 to 369,549,904.
Onida Electronics Management Change
Onida Electronics appointed Rajan Keshav Vaidya as Non-Executive Independent Director for 60 months, effective 14 November 2026. The appointment was approved at the 3 November 2026 board meeting.
- Execution
- 60 months (Independent Director term, effective 14-11-2026)
Onida Electronics Q2 FY27 Results: Net Loss of ₹39.8 Cr, Loss Widens
Onida Electronics Ltd reported revenue from operations of ₹198.6 Cr (+21.6% YoY) and a net loss of ₹39.8 Cr for Q2 FY27.
- Key figure
- Net loss ₹39.8 Cr
Onida Electronics Board Meeting Date
Onida Electronics schedules a 3 November 2026 board meeting for Q2 and half-year results and ESOP share allotment. Trading window stays closed until 48 hours post-results.
Onida Electronics Other Announcement
Onida Electronics Ltd has filed its quarterly shareholding pattern as mandated under Regulation 31 of SEBI Listing Regulations. This disclosure provides the current shareholding breakdown.