Elin Electronics Limited — PPTs, 25-05-2026: Investor Presentation
Elin Electronics saw Q4 FY26 operating revenue grow 3% year-over-year to INR 324.2 Cr. However, Q4 EBITDA significantly declined by 70% to INR 6 Cr, and the company reported a PAT loss of INR 0.8 Cr, mainly due to a sharp surge in polymer prices and INR depreciation. For the full year FY26, revenue increased to INR 1287.7 Cr, but PAT dipped to INR 22.6 Cr, also impacted by one-time gains in the prior year.
Growth was driven by a 67% YoY jump in fans revenue (especially BLDC) and 32% growth in personal care appliances. Lighting is at an inflection point with 5 new customer additions and recent price hikes.
Key strategies include backward integration, R&D focus, and cost optimization. The new Bhiwadi facility is set to manufacture medium-sized home appliances. The company aims for 15% revenue growth in FY27, primarily from Home Appliances and Fans. Management expects working capital days to improve to ~50 days, with capex plans including INR 45 Cr for Bhiwadi and INR 25 Cr for existing business scaling.
