Elin Electronics Limited — Investor Meet, 10-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Elin Electronics reported strong Q3 FY26 financials: Revenue up 10% YoY to INR 294 Cr, EBITDA jumped 57% to INR 11.9 Cr, and PAT significantly higher. Gross margins faced pressure from surging raw material costs. Growth was fueled by appliances and fan segments, with lighting also adding 5 new customers. The new Bhiwadi plant is slated for May 2026, targeting INR 140 Cr revenue in FY27 from new medium appliances like chimneys and OFRs. Management expects FY26-27 double-digit growth for lighting and 50% for fans, and is optimistic about resolving US export tariffs. Working capital is expected to normalize soon.