Elin Electronics achieved a 1% year-over-year revenue growth to Rs 295.00 crores in Q1 FY2026. Despite challenges in the Lighting segment, the company saw improvements in profitability with consolidated EBITDA rising to Rs 17.60 crores and PAT increasing to Rs 9.40 crores. The Home Appliances segment grew, while FHP Motors remained flat. Elin is expanding into medium appliances and constructing a new plant in Bhiwandi. The company maintains its FY2026 revenue guidance of Rs 1,350.00 crores, representing 15% growth, with an EBITDA margin target of 6-6.5%.
07Aug 25
Elin Electronics Reports Robust Q1 Performance with 59% Profit Surge
Elin Electronics Limited announced its Q1 financial results, reporting a consolidated revenue of ₹2,887.62 crore, a 1% year-on-year increase. The company's net profit jumped 59% to ₹93.92 crore, while EBITDA grew 33% to ₹176 crore. EBITDA margin expanded to 5.94% from 4.51% in the previous year. The Board of Directors approved the appointment of Mr. Varun Surolia as Assistant General Manager and Senior Management Personnel.
23Jul 25
CRISIL Reaffirms Elin Electronics' Credit Ratings at CRISIL A/A1 with Stable Outlook
CRISIL Ratings Ltd. has reaffirmed Elin Electronics' credit ratings, maintaining CRISIL A (long-term) and CRISIL A1 (short-term) for bank loan facilities worth Rs. 134.00 Crore. The outlook on the long-term rating remains stable. These ratings indicate adequate safety for timely debt servicing and very strong safety for timely payment of financial obligations, respectively. Elin Electronics, an electronics manufacturing company based in New Delhi, disclosed this information to stock exchanges in compliance with SEBI regulations.
26May 25
Elin Electronics Projects 15-18% Revenue Growth for FY26
Elin Electronics Limited has announced its financial projections for FY26, targeting a 15-18% revenue growth. The company also expects an EBITDA margin between 6.00-6.50%. These projections indicate a strong growth trajectory and the company's aim to maintain operational efficiency while expanding.
26May 25
Elin Electronics Reports Impressive 391% Surge in Q4 Net Profit
Elin Electronics announced impressive Q4 financial results, with consolidated net profit soaring 391% year-over-year to ₹172.00 million. Revenue increased by 14.8% to ₹3.10 billion. The company's profit growth significantly outpaced revenue growth, indicating improved operational efficiency and cost management.
14Apr 25
Elin Electronics Begins Phase 1 Construction of New Rajasthan Plant
Elin Electronics has initiated construction of a new manufacturing facility in Bhiwadi, Rajasthan. The project, spanning 4 acres with a potential built-up area of 220,000 sq ft, will be developed in two phases. Phase 1 is set to complete by March 2026, with a total estimated investment of INR 90-100 crores. The facility will expand Elin's product line to include medium and large appliances, air coolers, kitchen chimneys, air fryers, and OTGs. Funding will come from the company's cash reserves and internal accruals.
Elin Electronics Limited's subsidiary, Elin Appliances Pvt Ltd (EAPL), has sold a 1.57% stake (7,79,000 shares) in the parent company for approximately ₹9.2 crore. The sale occurred on March 10th and 11th, 2025, with shares absorbed by company insiders, including promoters and employees. Additionally, Alok Sethia HUF acquired 0.36% (1,80,000 shares) of Elin Electronics. The company views this as a step towards simplifying its shareholding structure.