Elin Electronics Limited has informed the Exchange regarding 'Notice of 43rd AGM'.
ELIN · price
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Awaiting price reaction for this filing.
Elin Electronics has filed the Notice of its 43rd AGM, scheduled for Saturday, August 30, 2025, at 10:30 AM IST via video conferencing, along with the Annual Report for FY2024-25. The company reported operating revenue of ₹1,180 Crores in FY24-25, with PAT rising to ₹29.2 Crores (from ₹13.9 Cr in FY23-24) and EBITDA at ₹70.7 Crores, reflecting margin recovery in the second half. Management has guided FY25-26 revenue of ₹1,350–1,400 Crores (15–18% growth) and EBITDA margin improvement to 6–6.5%. A major strategic highlight is the upcoming ₹90–100 Crore greenfield facility in Bhiwadi, expected to be operational by March 2026 with revenue potential of ₹550–600 Crores at full capacity. The company also flagged a near-term headwind in its Lighting segment, where a major customer entered a JV with a competing manufacturer, potentially reducing FY26 lighting revenue by ₹30–35 Crores.
This is a routine AGM-related regulatory filing, but the embedded annual report provides clear forward visibility on revenue growth, margin expansion roadmap, and capacity build-out that should support investor sentiment. The company's strong net cash position of ₹75 Crores and low debt-equity ratio of 0.04 offer solid financial flexibility to fund the Bhiwadi expansion without strain.