Elin Electronics

Elin Electronics reported a weak Q4 FY26 with revenue of ₹324 croreCurrent reported value: ₹324 crore. No comparable prior figure is available in the source record. (+3Current 3 crore vs previous available quarter 10 crore.% YoY) but EBITDA collapsed to ₹6 croreCurrent ₹6 crore vs previous available quarter ₹11.9 crore. (1.85% margin) from ₹20.2 crore last year, resulting in a net loss of ₹8 croreCurrent reported value: net loss of ₹8 crore. No comparable prior figure is available in the source record.. The sharp margin compression was driven by a 390 bps gross margin declineCurrent reported value: 390 bps gross margin decline. No comparable prior figure is available in the source record. due to surging polymer and aluminum prices from Middle East tensions, a weak INR, and a 26% minimum wage hike in UP. Price increases of 10-18% are being implemented but full pass-through is expected only by June 2026. Management guided for 15% revenue growthCurrent reported value: 15% revenue growth. No comparable prior figure is available in the source record. in FY27 but deferred EBITDA guidance due to volatility. The Bhiwadi facility is delayed, now starting commercial production in August 2026 with FY27 revenue of ₹80 crore (vs earlier ₹140 crore). Key risk: demand destruction from steep price hikes in a discretionary product basket.