EE

Elin Electronics Ltd

Q1 FY27Consumer Durables

Elin Electronics Q1 FY27: Capex ₹7.5 Cr

Q1 FY27 earnings call: what management guided on revenue, margins and order book.

Price₹78
Market cap₹387 Cr
P/E22.6
Updated16 Oct 2026
Read4 min read

What the Q1 FY27 call signalled

2 of 3 strong

RevenueSlow growth
MarginMargins slightly up
CapexCapex planned

The short version

Demand has been reasonably good with volume growth in most product categories in high single to low double digits (Page 15). - Lighting segment facing pricing pressure, especially in battens; focus shifting to better-margin products and expanding customer base (Pages 14-15). - Bhiwadi plant commercial operations starting, expected revenue of Rs. Management acknowledges a tough period with current low margins but is focused on improving profitability and scaling up operations.

From Elin Electronics Ltd's Q1 FY27 earnings-call transcript · updated 16 Oct 2026.

Revenue & Sales Performance

Slow growth
  • Demand has been reasonably good with volume growth in most product categories in high single to low double digits (Page 15).
  • Lighting segment facing pricing pressure, especially in battens; focus shifting to better-margin products and expanding customer base (Pages 14-15).
  • Bhiwadi plant commercial operations starting, expected revenue of Rs. 70-90 crore in FY27, with peak revenue 550-600 crore projected (Pages 9, 13).
  • Fans business showing strong growth, especially BLDC ceiling fans with 75% YoY growth; expected to improve in Q3 and Q4 (Page 14).
  • Home appliances and personal care segments showing double-digit volume growth and 43-70% YoY revenue increases (Page 14).
  • Price hikes underway in motors segment but some customers deferring orders due to increased pricing (Page 9).

2 more points from Elin Electronics Ltd's call on revenue

Pro opens every point from 15K+ earnings calls

Profitability & Margins

See what Elin Electronics Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • The Bhiwadi factory is a key current capex project, with most of the investment concluded.
  • The plant is ready and has started commercial production in Q2 FY27, beginning with OFR and chimneys soon after.
  • Capital expenditure for Q1 FY27 was ₹7.5 crores.
  • Total investment in Bhiwadi is around ₹62-68 crores, with expected peak revenue of ₹550-600 crores and ₹70-90 crores revenue guidance for FY27.
  • Focus now is on ramping up commercial production and utilization at Bhiwadi.

2 more points from Elin Electronics Ltd's call on capex

Pro opens every point from 15K+ earnings calls

Top-ranked in Consumer Durables

Ranked on what management guided this quarter

Guidance-ranked
Rev 1Mar 1
Rev 1Mar 2
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 2Mar 2
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Elin Electronics Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The transcript does not provide explicit details about the current or expected order book or pending orders. However, the following points related to demand and production can be summarized: - Demand is generally strong across most product categories, with volume growth in the high single to low double digits. - The Bhiwadi plant has commenced commercial production, expected to contribute revenues of Rs. 70-90 crores in FY27 and peak revenue potential of Rs. 550-600 crores. - Despite pricing challenges in lighting (particularly battens), the company is expanding its customer base in lighting with 9 customers including Signify.

2 more points from Elin Electronics Ltd's call on order book

Pro opens every point from 15K+ earnings calls

Elin Electronics Ltd — Quarterly revenue & net profit

Revenue Net profit Net loss
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹324 Cr, net loss ₹1 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Others in Consumer Durables this season

  • Global Surfaces Ltd (Q1 FY27)

    EBITDA margins improved to ~13% in Q1 FY27 due to cost management and operational efficiencies. Key concall takeaways from Global Surfaces's Q1 FY27 earnings…

  • Sonam Ltd (Q1 FY27)

    50 crores, contingent on monsoon and market conditions in tier two and three cities. Key concall takeaways from Sonam Ltd's Q1 FY27 earnings call — and how it…

  • Deepa Jewellers Ltd (Q1 FY27)

    Q1-FY27 Revenue from Operations: INR 4,311 Mn, up 39.0% YoY from INR 3,101 Mn in Q1-FY26 (Page 13, 11) . Key investor presentation takeaways from Deepa Jeweller

  • Priority Jewels Ltd (Q1 FY27)

    Revenue from Operations for 3 months ended June 30, 2026 (3M27): ₹1,250 million (page 18). Key investor presentation takeaways from Priority Jewels Ltd's Q1 FY2

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Arthneeti Pro · Annual

Elin Electronics Ltd and 15K+ more earnings calls,
for less than your morning chai

a day

Every earnings call, ranking and concall Q&A across all four results seasons.

Secure Razorpay payment · instant access

Frequently Asked Questions

What were Elin Electronics Ltd Q1 FY27 results?

Demand has been reasonably good with volume growth in most product categories in high single to low double digits (Page 15). - Lighting segment facing pricing pressure, especially in battens; focus shifting to better-margin products and expanding customer base (Pages 14-15). - Bhiwadi plant commercial operations starting, expected revenue of Rs. Management acknowledges a tough period with current low margins but is focused on improving profitability and scaling up operations.

What is Elin Electronics Ltd share price analysis?

Elin Electronics Ltd currently shows a neutral. The stock trades at a P/E of 22.6 with a market cap of ₹387 Cr. Investors should review the full earnings analysis for detailed insights.

Is Elin Electronics Ltd planning capital expenditure?

The Bhiwadi factory is a key current capex project, with most of the investment concluded.

Keep Elin Electronics Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.