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 margin decline due to input cost spikes from geopolitical disruptions, resulting in a net loss. FY27 revenue is guided to grow 15% YoY, with margin recovery expected as price hikes are passed through by June 2026.
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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.