ELIN NSE filing

Elin Electronics Q3FY26 Results: Revenue Up 10% YoY to ₹293.5 Crore, PAT Soars 162%

The RealCase readHigh impact Positive

Elin Electronics reported Q3FY26 results with revenue up 10% YoY to ₹293.5 crore and PAT soaring 162% YoY to ₹3.8 crore. The appliances business drove growth, while cost savings improved EBITDA by 57% YoY to ₹11.9 crore. The company expects FY26 revenue growth of 9-10% and EBITDA margins of 5.3-5.8%.

Why it matters

The double-digit revenue growth and more than doubling of PAT are material financial results that will positively impact investor sentiment and the company's valuation.

The market read

The company reported significant year-on-year growth in revenue and a substantial increase in Profit After Tax, indicating strong financial performance.

Elin Electronics Limited has announced its unaudited financial results for the third quarter and nine months period ended December 31, 2025. The company reported a consolidated operating revenue of ₹2,935 million (₹293.5 crore), marking a year-on-year growth of approximately 10% from ₹2,663 million (₹26.63 crore) in the same period last year.

EBITDA for the quarter stood at ₹119 million (₹11.9 crore), an increase of about 57% YoY from ₹76 million (₹7.6 crore). Profit After Tax (PAT) saw a significant jump of approximately 162% YoY, reaching ₹38 million (₹3.8 crore) compared to ₹14 million (₹1.4 crore) in the corresponding quarter of the previous fiscal.

The revenue growth was primarily driven by a strong performance in the appliances business, which was partially offset by a decline in the lighting segment. The non-EMS precision components business experienced a marginal decline due to planned maintenance. EBITDA improvement is attributed to cost-saving initiatives in employee and other expenses. Gross margins were marginally impacted by rising raw material costs, with repricing efforts underway.

Detailed segment-wise performance shows Lighting, Fans & Switches revenue at ₹623 million (₹62.3 crore), a slight decrease YoY. Small Appliances revenue surged to ₹1,028 million (₹102.8 crore), driven by strong volumes in OFR heaters. Fractional Horsepower (FHP) Motors revenue was ₹456 million (₹45.6 crore), with growth in chimney motors offset by a decline in mixer grinder motors.

Capital expenditure includes ₹182 million (₹18.2 crore) for Ghaziabad, ₹37 million (₹3.7 crore) for Baddi, and ₹26 million (₹2.6 crore) for Goa. The Bhiwadi facility's construction, which commenced in July 2025, is expected to be ready by May 2026, with a slight delay due to pollution control restrictions in the NCR region. The company is targeting a revenue growth of 9-10% over FY25, with an EBITDA margin of 5.3-5.8% and working capital days targeted between 45-50 days.

Filing to action

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Elin Electronics Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Elin Electronics Limited. Read the original for the full detail.

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