Elin Electronics Limited — PPTs, 06-08-2026: Investor Presentation

Elin Electronics’ Q1 FY27 operating revenue surged ~23% YoY to ₹362.8 Cr, largely driven by strong volume growth in Small Appliances (+70% in Kitchen & Home Care, +43% in Personal Care) and Lighting, Fans & Switches (+32%, with Fans up ~75%). However, FHP Motors saw a revenue decline. Profitability took a hit, with EBITDA plummeting ~77% YoY to ₹4.0 Cr (from ₹17.6 Cr), resulting in a loss of ₹3.8 Cr, versus a ₹12.7 Cr profit last year.

Margins were severely impacted by sharp increases in polymer and metal prices, INR depreciation, an unexpected ~25% minimum wage hike, and a shift towards lower-margin products. To address this, commodity price adjustments were made from July. The company is strategically expanding its Bhiwadi facility with ₹62.0 Cr investment (ex-land) for new medium-sized home appliances, capitalizing on favorable government policies like 'Make in India' and aiming for cost leadership through R&D and automation. Despite margin pressures, customer demand remains robust in key segments.