Elin Electronics Limited has informed the Exchange about Presentation
ELIN · price
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Awaiting price reaction for this filing.
Elin Electronics shared its Q1 FY26 investor presentation reporting revenue of INR 2,955 million, up about 1% YoY from INR 2,936 million. EBITDA grew strongly at ~32% YoY to INR 176 million with margins improving ~140 bps to 5.9%, aided by a better sales mix and procurement efficiency. Profit after tax rose ~59% YoY to INR 94 million, while net cash strengthened to INR 1,036 million from INR 748 million. Revenue growth was muted due to heavier-than-expected rains hitting fans and AC motors, and a key lighting customer shifting volumes to its new JV, though fans revenue nearly doubled YoY and the non-EMS (precision components and medical cartridges) business grew well. Management guided for 15-18% FY26 revenue growth, EBITDA margins of 6.0-6.5%, capex of INR 105-125 crore (including a new Bhiwadi facility by April 2026), and working capital days of 45-50.
A weak top-line print offset by sharp profit growth and margin expansion; the upbeat FY26 revenue and margin guidance, along with new customer additions in lighting, signals confidence in a recovery and capacity-led growth, which is mildly positive for the stock.