Elin Electronics Q2 FY27: revenue up 10.4% to ₹413 Cr, net profit down 72.4% to ₹3 Cr
Results · Finvezto · 5 Nov 2026 · Elin Electronics (ELIN)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 413 | - | +10.4% |
| Operating profit | 14 | - | -30.8% |
| Net profit | 3 | - | -72.4% |
| Operating margin | 3.4% | - | -2.0 pp |
| Net margin | 0.7% | - | -2.1 pp |
YoY is the company's own figure. QoQ shows where our quarterly series matches the filing.
Key points
- Elin Electronics reported Q2 FY27 operating revenue of ₹413.2 crores, up 10% year-on-year, while consolidated EBITDA declined to ₹14.1 crores and PAT fell to ₹3.8 crores. Earnings call
- EBITDA margins dropped 200 bps year-on-year to 3.4% due to higher raw material costs, adverse foreign exchange, and a 25% minimum wage hike in Ghaziabad. Earnings call
- Home appliance revenue grew 25% year-on-year to ₹175.8 crores driven by mixer grinders and irons, while lighting, fans, and switch revenue rose to ₹77.8 crores. Earnings call
What to watch
- Management on full year revenue: We estimate revenues to be in the range of rupees 1400 crores with a variation of plus-minus 3% for full FY 2027.
- Management on bhiwadi revenue: So we should be in the vicinity of 50-odd crore rupees in six months, 45 to 50 crores, and for the next fiscal, which is fiscal '28 Uh we should be in the vicinity of uh about uh 150 odd crores.
Links
Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.