India · Delayed Price · Currency is INR Elin Electronics Earnings Call Transcripts
Fiscal Year 2026
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Q4 FY26 saw revenue growth but a sharp EBITDA decline due to raw material and labor cost spikes from geopolitical disruptions. Price hikes are being implemented, with full margin recovery expected by June 2026, and FY27 revenue is guided to grow 15% YoY.
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Q3 FY26 saw 10% YoY revenue growth and 57% EBITDA growth, led by strong appliances and fan segments, despite margin pressure from high raw material costs. New customer additions and product launches support a positive outlook, with the Bhiwandi plant expected to drive future growth.
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Q2 FY26 saw 23% revenue growth and 80% EBITDA growth year-over-year, led by strong appliance and fan sales. Export revenue is at risk due to US tariffs, but domestic momentum remains robust, with new capacity and product launches planned.
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Q1 FY26 saw a 1% YoY revenue increase to INR 295 crores, with adjusted EBITDA up 40% and strong margin improvement. New customer additions and product launches are expected to drive growth, with FY26 revenue guidance at INR 1,350 crores and a new plant set to boost future capacity.
Fiscal Year 2025
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Q4 FY25 saw record revenue and margin growth, driven by operational efficiencies and strong performance in fans and home appliances. FY26 guidance targets 15–18% revenue growth and 6–6.5% EBITDA margin, with major CapEx for the new Bhiwadi plant and continued focus on higher-value medium appliances.