Elin Electronics Limited has announced that its board of directors will convene on February 6, 2026, to review and approve the company's unaudited standalone and consolidated financial results for the third quarter of fiscal year 2026, which ended on December 31, 2025.

Board Meeting Details

The company has formally notified both the National Stock Exchange of India Limited and BSE Limited about the upcoming board meeting, as required under SEBI regulations. The meeting is scheduled in accordance with Regulation 29 read with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Closure

Elin Electronics Limited has informed that the trading window for insiders will continue to remain closed until February 10, 2026. This closure is in compliance with the company's code of conduct for regulating, monitoring and reporting of trading by insiders in the company's shares.

Regulatory Compliance

The company has assured that it will communicate the unaudited standalone and consolidated financial results to the stock exchanges immediately upon the conclusion of the board meeting. This notification was signed by Lata Rani Pawa, Company Secretary and Compliance Officer, on January 21, 2026.

Company Information

Elin Electronics Limited operates with its registered and corporate office located at 4771, Bharat Ram Road, Daryaganj, New Delhi. The company maintains manufacturing facilities across multiple locations including Ghaziabad, Goa, Baddi, and Bhiwadi, reflecting its pan-India operational presence in the electronics manufacturing sector.

Elin Electronics Limited , a prominent player in the Indian electronics manufacturing sector, has reported a robust 23% year-on-year growth in operating revenue for Q2 FY26, reaching INR 375.00 crores. The company's performance was driven by strong growth in its appliance and fan business, attributed to new product launches and customer acquisitions.

Financial Highlights

• Revenue: INR 375.00 crores (up 23% YoY)
• EBITDA: INR 20.40 crores (up 80% YoY)
• PAT: INR 10.30 crores (up from INR 4.80 crores YoY)
• Net Cash Position: INR 94.00 crores as of September 2025
• Working Capital: Improved to net 53 days

Segment Performance

The fan business showed particularly strong growth, nearly doubling year-on-year, primarily driven by the BLDC ceiling fan business. The Home Appliance segment saw significant growth, with revenue increasing from INR 83.00 crores to INR 140.00 crores.

Challenges and Outlook

Despite the strong performance, Elin Electronics faced some challenges:

1. Elevated power costs due to unseasonal rain, leading to higher diesel consumption and lower solar power generation.
2. Higher international air freight charges to accommodate increased customer demand.
3. Export business to the USA has been stalled since August 2025 due to tariff situation uncertainty.

The company is constructing a new facility at Rewari with a total project cost of INR 100.00 crores, expected to be operational by March-April 2026. This expansion aims to cater to medium-sized appliances, including air coolers, chimneys, and ovens.

Future Strategy

Elin Electronics is positioning itself as a one-stop shop for high-volume home appliances and durables for OEMs. The company plans to:

1. Expand into medium appliances such as air coolers, chimneys, and ovens.
2. Explore opportunities in washing machine motors and air conditioner motors, anticipating potential growth due to upcoming BIS regulations.
3. Gradually increase ODM (Original Design Manufacturing) share in its business.

Management Commentary

Sanjeev Sethia, Director of Elin Electronics, stated, "We remain optimistic about our business going forward, supported by the government's push for Make in India and disincentivizing imports via BIS and QCO regulations."

The company maintains its revenue guidance for FY26, targeting 15% growth, although it cautions that the ongoing export challenges to the USA may impact revenues by up to 3%.

As Elin Electronics continues to diversify its product portfolio and expand its manufacturing capabilities, it appears well-positioned to capitalize on the growing demand for domestically manufactured electronic appliances in India.