Onida Electronics Limited (ONIDA)
₹28.29 -1.77% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Onida Electronics' revenue was ₹182 Cr (+29.4% year on year, +26.7% on the previous quarter), and net profit ₹-14.2 Cr (a bigger loss than a year earlier); the operating margin was -6.3%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹182 | +29.4% | +26.7% |
| Operating profit | ₹-11.4 | loss widened | loss narrowed |
| Net profit | ₹-14.2 | loss widened | loss narrowed |
| EPS (₹) | -0.38 | loss narrowed | loss narrowed |
| Operating margin | -6.3% | — | — |
ONIDA delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 66.36% of the ONIDA shares traded on NSE were taken to delivery, against the stock's own 20-session average of 61.17%. That is close to its usual level. It closed at a price band (circuit) on 2 sessions in about the last 20.
Delivery in the last 5 sessions: 73.6% · 50.5% · 53.5% · 64.2% · 66.4%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Onida Electronics Limited (formerly MIRC Electronics Limited) has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The certificate was issued by Registrar and Share Transfer Agent MUFG Intime India Private Limited for the quarter ended September 30, 2026. It confirms that share certificates received for dematerialisation during the quarter were processed, verified, and cancelled within prescribed timelines. This is a mandatory, recurring procedural disclosure with no operational or financial impact.
- Compliance certificate filed for the quarter ended 30th September, 2026
- Issued under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
- Certificate received from RTA MUFG Intime India Private Limited dated 6 October 2026
- BSE Scrip Code referenced is 500279 and NSE Symbol is ONIDA
Onida Electronics Limited has submitted the Scrutinizer's Report for its 45th Annual General Meeting (AGM) held on September 23, 2026. The Scrutinizer, M/s. Nilesh Shah & Associates, confirmed that all resolutions put to vote were passed by the members with the requisite majority via remote e-voting and e-voting during the meeting. This is a routine statutory disclosure completing the company's annual governance cycle. Operationally, the company recorded revenue of Rs 182.41 cr with a net loss of Rs 14.18 cr in its most recent June 2026 quarter.
- 45th Annual General Meeting held on Wednesday, September 23, 2026, at 3:30 p.m. (IST)
- Scrutinizer's report submitted confirming all resolutions passed with requisite majority
- Voting conducted via remote e-voting and e-voting during the 45th AGM
- Filing follows Jun 2026 quarterly revenue of Rs 182.41 cr and net loss of Rs 14.18 cr
Onida Electronics Limited has approved the allotment of 73,86,362 convertible warrants on a preferential basis at an issue price of ₹35.20 per warrant, aggregating to ₹26.00 crore. The company received 25% upfront subscription money amounting to ₹6.50 crore (₹8.80 per warrant) from three public investors: Resonance Opportunities Fund, Nexta Enterprises LLP, and Aamara Capital. The warrants are exercisable into equity shares within an 18-month window. Assuming full conversion, total outstanding equity shares will expand from 36.95 crore to 37.69 crore.
- Allotment of 73,86,362 warrants convertible into equal equity shares at ₹35.20 per warrant
- Upfront receipt of 25% issue price aggregating to ₹6,49,99,985.60 (₹8.80 per warrant)
- Total potential fundraise of ₹25,99,99,942.40 upon complete exercise within 18 months
- Warrants allotted to 3 non-promoter public investors, led by Nexta Enterprises LLP (42.61 lakh warrants)
- Post full conversion, total share base expands from 36,95,27,844 to 37,69,14,206 shares
Onida Electronics Limited has issued its Annual Report and Notice for the 45th AGM scheduled on September 23, 2026. For FY 2025-26, the company reported an expanded net loss after exceptional items of Rs 74.74 crore compared to a loss of Rs 2.30 crore in FY 2024-25. The results were impacted by exceptional items including an inventory write-down of Rs 29.39 crore, rationalization costs of Rs 2.40 crore, offset by a Rs 20.56 crore gain on property monetization. During the year, the company completed multiple capital raises totaling over Rs 250 crore across NCDs, rights issue, and preferential allotment to fund working capital.
- 45th Annual General Meeting scheduled for September 23, 2026; book closure from September 16 to 23, 2026
- Net loss after exceptional items widened to Rs 7,474.49 lakhs (Rs 74.74 cr) in FY26 from Rs 230.07 lakhs (Rs 2.30 cr) in FY25
- Exceptional items included inventory write-down of Rs 2,939 lakhs and property sale profit of Rs 2,056 lakhs
- Completed capital raises including Rs 14,952 lakhs via preferential issue, Rs 4,048 lakhs via rights issue, and Rs 6,000 lakhs via NCDs
Onida Electronics Limited (formerly MIRC Electronics Limited) has issued a communication under Regulation 36(1)(b) of SEBI LODR to shareholders without registered email addresses. The letter provides web access to the FY2025-26 Annual Report and notice for the 45th Annual General Meeting (AGM). The AGM is scheduled to be held virtually on Wednesday, September 23, 2026, at 3:30 p.m. IST. The communication also reminds shareholders to complete mandatory KYC updates and dematerialise physical shares.
- 45th Annual General Meeting scheduled for Wednesday, September 23, 2026, at 3:30 p.m. IST via VC/OAVM
- Cut-off date for member communication dispatch was Friday, August 28, 2026
- Annual Report for FY 2025-26 made accessible via the official company web-link
- Mandatory KYC updation and dematerialisation reminder issued pursuant to SEBI circular dated May 07, 2024
Onida Electronics Limited (formerly MIRC Electronics) has convened its 45th Annual General Meeting for September 23, 2026, via video conferencing. The accompanying Annual Report reveals an expanded net loss of ₹74.74 crore for FY26 compared to ₹2.30 crore in FY25, impacted by an exceptional inventory write-down of ₹29.39 crore and organizational restructuring costs of ₹2.40 crore, offset by a ₹20.56 crore gain on property sale. To bolster liquidity, the company completed fundraises totaling ₹249.52 crore during the year through NCDs (₹60.00 crore), a Rights Issue (₹40.48 crore), and a Preferential Allotment (₹149.52 crore).
- 45th AGM scheduled for September 23, 2026; cut-off date for remote e-voting set as September 16, 2026
- Net loss after exceptional items widened to ₹74.74 crore in FY26 from ₹2.30 crore in FY25
- Completed capital raises including ₹149.52 crore via preferential allotment, ₹60.00 crore via 12% NCDs, and ₹40.48 crore through a rights issue
- Recorded exceptional inventory write-down of ₹29.39 crore and a ₹20.56 crore profit on sale of MIDC property in FY26
Onida Electronics Limited has reached a mutual settlement with the workers' union representing the majority of permanent workers at its factory in Kudus, Wada (Palghar District). Following this understanding, the majority of permanent workmen have tendered their resignations. While this workforce restructuring may lower recurring employee costs, financial terms and one-time settlement expenses were not disclosed.
- Mutual settlement reached with the union representing majority of permanent workers at the Kudus, Wada plant.
- Majority of permanent workmen at the Wada factory have resigned pursuant to the settlement terms.
- Settlement financial outlay and severance costs were not disclosed in the filing.
- Company posted revenue of Rs 182.41 cr and a net loss of Rs 14.18 cr in Q1 Jun 2026.
Onida Electronics reported a 29.5% YoY increase in total revenue to Rs 182.4 cr for Q1-FY27, led by strong growth in LED TVs (56.8%) and Air Conditioners (39.2%). Despite a 100 bps improvement in gross margins to 17.3%, the company posted a net loss of Rs 14.2 cr, slightly higher than the Rs 12.5 cr loss in the previous year. Management highlighted that ACs have now become their largest business segment. The balance sheet is described as "slightly stressed," with the company targeting a net working capital cycle of 30-45 days to improve liquidity.
- Branded business revenue grew 35.8% YoY to Rs 175 cr, driven by LED and AC segments.
- LED TV business saw a 56.8% YoY growth, supported by the launch of a 100-inch QD Mini-LED TV.
- Air Conditioner business grew 39.2% YoY, reflecting strong seasonal demand and becoming the largest category.
- Gross margins improved by 100 basis points to 17.3% from 16.3% in the previous year.
- Net loss for the quarter widened to Rs 14.2 cr from Rs 12.5 cr in Q1-FY26.
Onida Electronics Limited has released the audio recording of its investor conference call held on August 10, 2026. The call focused on the company's operational and financial performance for the quarter ended June 30, 2026. This disclosure follows the initial schedule notification sent on August 6, 2026. The recording is now publicly accessible via the company's website as per SEBI regulatory requirements.
- Conference call held on August 10, 2026, to discuss quarterly performance
- Covers the financial results for the quarter ended June 30, 2026
- Follows a prior intimation of the meeting schedule dated August 6, 2026
- Recording made available under Regulation 30 of SEBI LODR Regulations
Onida Electronics reported a 29.5% YoY increase in revenue from operations to ₹182.4 crore for Q1 FY27, led by strong demand in LED TVs and Air Conditioners. Despite the robust top-line growth and a 100 bps improvement in gross margins to 17.3%, the company remains loss-making. Net loss for the quarter widened to ₹14.2 crore compared to a loss of ₹12.5 crore in the same period last year. The company also completed its formal name change from MIRC Electronics to Onida Electronics Limited.
- Revenue from operations grew 29.5% YoY to ₹182.4 crore from ₹140.9 crore.
- LED television segment registered a significant 56.8% YoY growth driven by new launches.
- Air Conditioner business recorded 39.2% YoY growth reflecting seasonal demand recovery.
- Overall Gross Margin improved to 17.3% from 16.3% in Q1 FY26 due to better product mix.
- Net loss widened to ₹14.2 crore from ₹12.5 crore in the year-ago period.
Onida Electronics (formerly MIRC Electronics) reported a 26.8% YoY revenue growth to ₹182.41 crore for Q1 FY27. The company significantly narrowed its net loss to ₹14.18 crore, compared to a loss of ₹47.38 crore in the same quarter last year. Alongside the results, the company allotted 1,35,480 equity shares under its 2023 ESOP plan at an exercise price of ₹14.10. A substantial grant of 3.11 crore new ESOPs was also recorded during the quarter, which will impact future employee benefit expenses.
- Revenue from operations increased to ₹182.41 crore in Q1 FY27 from ₹143.81 crore in Q1 FY26.
- Net loss narrowed by 70% YoY to ₹14.18 crore from ₹47.38 crore.
- Allotted 1,35,480 equity shares at ₹14.10 per share, representing a significant discount to the current market price of ₹38.4.
- Granted 3.11 crore new ESOPs during the quarter, which will be expensed over the vesting period.
- Total paid-up equity share capital increased to ₹36.95 crore divided into 36.95 crore shares.
Onida Electronics (formerly MIRC Electronics) reported a 26.8% YoY increase in revenue from operations to 18,241 (in lakhs) for Q1 FY27. The company narrowed its net loss to 1,418 (in lakhs) from a loss of 4,738 in the same period last year, though the prior year included a 3,179 exceptional item. Operating expenses remain high, driven by 19,707 (in lakhs) in contract manufacturing purchases. Additionally, the company granted 3.11 crore new ESOPs during the quarter, which will impact future employee benefit expenses.
- Revenue from operations grew 26.8% YoY to 18,241 (in lakhs) from 14,381.
- Net loss narrowed to 1,418 (in lakhs) compared to a loss of 4,738 in Q1 FY26.
- Allotted 1,35,480 equity shares at an exercise price of ₹14.10 per share under ESOP 2023.
- Granted 3,11,00,000 new Employee Stock Options (ESOPs) during the quarter.
- Total paid-up equity share capital increased to ₹36,95,27,844 divided into 36.95 crore shares.
Onida Electronics (formerly MIRC Electronics) reported a 29.5% YoY increase in revenue to ₹182.41 crore for the quarter ended June 30, 2026. Despite the top-line growth, the company remains loss-making, with a net loss of ₹14.18 crore compared to a loss of ₹12.49 crore in the same quarter last year. The board also approved the allotment of 1,35,480 shares under its ESOP plan and noted the grant of 3.11 crore new options during the quarter. The company has officially completed its name change to Onida Electronics Limited.
- Revenue from operations increased to ₹182.41 crore from ₹140.85 crore in the year-ago period.
- Net loss for the quarter stood at ₹14.18 crore, widening from a loss of ₹12.49 crore YoY.
- Total expenses reached ₹199.00 crore, driven by a significant increase in purchase of contract manufactured goods to ₹197.07 crore.
- Allotted 1,35,480 equity shares at an exercise price of ₹14.10 per share, a 63% discount to the current market price of ₹38.4.
- Granted 3,11,00,000 new ESOPs during the quarter, which will lead to higher employee benefit expenses in coming periods.
Onida Electronics Limited has scheduled its Q1 FY 2026-27 earnings conference call for Monday, August 10, 2026, at 11:00 AM IST. The management will discuss the unaudited financial results for the quarter ended June 30, 2026. Key leadership including the MD & CEO, Gunjan Srivastava, and CFO, Manish Desai, will be present to interact with analysts and investors. This is a standard regulatory filing following the conclusion of the first quarter of the fiscal year.
- Earnings conference call scheduled for August 10, 2026, at 11:00 AM IST
- Discussion will cover unaudited financial results for the quarter ended June 30, 2026
- Management participation includes MD & CEO Gunjan Srivastava and CFO Manish Desai
- Universal dial-in numbers provided are +91 22 6280 1341 and +91 22 7115 8242
Onida Electronics Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The filing confirms that all securities received for dematerialization during the quarter ended June 30, 2026, were processed, mutilated, and cancelled as per regulatory timelines. The registrar, MUFG Intime India Private Ltd, reported that no requests for rematerialization were received during this period. This is a standard administrative filing required for all listed companies in India.
- Compliance certificate issued for the quarter ended June 30, 2026
- Registrar MUFG Intime India Private Ltd confirmed zero (0) rematerialization requests
- Securities received for dematerialization were processed and listed on stock exchanges within prescribed timelines
- Filing dated July 14, 2026, following the end of the Q1 FY27 period
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