Elin Electronics Limited has informed the Exchange regarding 'Annual Report for the FY 2024-2025'.
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Awaiting price reaction for this filing.
Elin Electronics has filed its Annual Report for FY 2024-25 along with the notice for its 43rd AGM, scheduled for Saturday, August 30, 2025 at 10:30 AM via video conferencing. The company reported operating revenue of ₹1,180 Crores (up from ₹1,042 Cr in FY24), EBITDA of ₹52 Crores, and PAT of ₹29.2 Crores, which more than doubled year-on-year from ₹13.9 Crores. The company ended the year with a net cash position of ₹75 Crores and spent ₹40 Crores on capex, while guiding FY26 revenue of ₹1,350–1,400 Crores (15–18% growth) and EBITDA margins of 6–6.5%. A major strategic highlight is the new greenfield Bhiwadi manufacturing facility requiring ₹90–100 Crores investment, expected to be operational by March 2026 with steady-state revenue potential of ₹550–600 Crores. The company is shifting its product mix toward higher-realization products like air fryers, OTGs, chimneys, and coolers, though the lighting segment faces a ₹30–35 Crore revenue hit in FY26 due to a major customer entering a joint venture with a competitor.
This is primarily a routine regulatory filing (Annual Report + AGM Notice) with no immediate price-moving action, but the strong PAT doubling, positive FY26 guidance, and large Bhiwadi capex commitment signal management confidence in future growth. Shareholders should review the report for details on the Bhiwadi project execution timeline and the lighting segment customer risk before the AGM on August 30.