ONIDAConsumer Discretionary

Onida Electronics Limited

Consumer Electronics · ISIN INE831A01028 · BSE 500279 · NSE EQ · FV ₹1
Last price
₹32
-2.30%today
What this company does

Onida Electronics Limited operates in Consumer Electronics, part of the Consumer Discretionary sector. It booked ₹182 cr of revenue in its latest quarter (Q1 FY27) and kept -7.8% of sales as profit. It is the 5th largest of 9 Consumer Electronics companies we track, by market value.

In the report:
25out of 100
Equitytale Health Score
Fragile

Healthier than 25% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 69–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
32

At close. Not part of the score.

Profitability & returns6

How much profit it earns on the money it employs

Balance sheet35

How much it owes, and whether earnings cover the interest

Cash quality40

Whether reported profit actually arrives as cash

Growth & consistency15

Whether sales and profit have grown, and how steadily

Valuation11

What today's price implies, against our models or its peers

Governance & risk68

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Some things to watch
Strengths
Sales up 30% vs last year
Promoters hold 41%
Watch-outs
! Currently loss-making
! Thin -7.8% net margin
! 28.4% of promoter stake pledged
! Low -23.9% return on equity
! Operating cash flow is negative

What if I invest in ONIDA?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹32 -2.30%
latest close · 2026-09-17
1-year return
+95.7%
52-wk low ₹1152-wk high ₹41
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio5.02High
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-23.9%Loss
WeakFairStrong ▸15%
Return on capital-15.0%Loss
WeakFairStrong
Net margin-7.8%Loss
ThinDecentStrong
EBITDA margin-4.9%Loss
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.31Comfortable
LowModerateHigh ▸1
Interest cover-3.1×Risky
RiskyOkayStrong ▸5×
Current ratio1.78Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹1,193 cr
Book value
₹6
EPS
₹-0.38
latest quarter
Net debt
₹60 cr
owes more than its cash
Enterprise value
₹1,254 cr
EBITDA
₹-36 cr
annualised
EBIT
₹-43 cr
annualised
Operating margin
-5.9%
Return on assets
-10.8%
Earnings yield
P/S
1.64
Sales / share
₹19.7
Tax rate
Face value
₹1
Shares
37.0 cr
Working capital
₹187 cr
Current assets
₹425 cr
Current liabilities
₹238 cr
Delivery %
65.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹182 cr
Other Income₹2 cr
Total Income₹185 cr
Cost of Materials₹19 cr
Purchases of Stock-in-Trade₹197 cr
Inventory Change (±)₹-70 cr
Employee Benefit Expense₹19 cr
Finance Costs₹3 cr
Depreciation & Amortisation₹2 cr
Other Expenses₹29 cr
Total Expenses₹199 cr
Profit before Tax₹-14 cr
Tax Expense₹0 cr
Net Profit₹-14 cr
Net margin on total income-7.7%
Where the money goes · Q1 FY27
% of total spend
Materials + stock-in-trade₹146 cr73.2%
Employee benefit expense₹19 cr9.7%
Finance costs₹3 cr1.7%
Depreciation & amortisation₹2 cr0.9%
Other expenses₹29 cr14.5%
Total income ₹185 cr

The company made a net loss of ₹14 cr this quarter — income covered only 93 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue212 cr144 cr182 cr
Total income215 cr149 cr185 cr
Expenses226 cr164 cr199 cr
Profit before tax-13 cr-47 cr-14 cr
Tax0 cr0 cr0 cr
Net profit (owners' share)-13 cr-47 cr-14 cr
Net margin (owners' share, on revenue)-6.2%-32.9%-7.8%
EPS (₹)-0.36-1.28-0.38
YoY (latest quarter): total income +30.6% · net profit
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹524 cr
Shareholder equity
₹238 cr
parent shareholders
Total debt
₹74 cr
Cash
₹13 cr
Cash flow · H1 FY26
Operating
₹-61 cr
Investing
₹27 cr
Financing
₹31 cr
Peer comparison
Consumer Electronics · by market value
CompanyPriceMarket capP/E
Dixon Technologies (India) Limited₹13,290₹81,202 cr28.2
Havells India Limited₹1,092₹68,534 cr59.0
PG Electroplast Limited₹529₹15,118 cr49.6
IKIO Technologies Limited₹206₹1,591 cr36.8
Onida Electronics Limitedthis company₹32₹1,193 cr
Universus Photo Imagings Limited₹614₹672 cr3.7
Veto Switchgears And Cables Limited₹133₹253 cr10.7
BPL Limited₹46₹225 cr
Khaitan (India) Limited₹155₹74 cr7.6
Same industry · latest reported numbers · not a recommendation.
Corporate actions
ActionDetailEx-date
Rights issue14:330 Jun 2025
Rights issue13:518 Sep 2014
Who owns it · 2026-06-30
28.4% pledged
Promoter
40.5%
FII / Foreign
0.0%
DII / Domestic
0.1%
Retail / others
59.4%
Promoter stake down 12.9% over the last 12 quarters.
Smart-money activity
Insider trades
SoldGita Mirchandani · Promoter Group5.37 cr14 Mar 24
BoughtGulu Mirchandani Trustee · Promoters5.37 cr14 Mar 24
SoldVijay Mansukhani · Promoters1.30 cr · ₹26.6 cr13 Mar 24
Promoter pledges
PledgedState Bank of India11.23 L · 0.00% held8 Sep 15
PledgedState Bank of India2.72 cr · 0.00% held8 Sep 15
PledgedState Bank of India1.42 cr · 0.00% held7 Sep 15
Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 10 named members
owning 40.5% between them · as of 2026-06-30
GLM Family Trust (Gulu Lalchand Mirchandani-in the capacity of Trustee)17.65%
Gulita Securities Ltd8.95%
Marissa Vijay Mansukhani8.54%
360 One Investment Adviser And Trustee Services Limited4.66%
Gita Gulu Mirchandani0.41%
Adino Electronics Limited0.16%
Vijay Mansukhani0.12%
G L Mirchandani0.03%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹150 cr raised in Oct 2025 by selling shares to selected investors

As of Mar 2026, the company says it has spent 100% of what it set aside. Acuite Ratings & Research watches the spending on the exchange’s behalf.

Working Capital
100%
₹113 cr of ₹113 cr
General Corporate Purpose
100%
₹37 cr of ₹37 cr
Spent by quarter: 70%100% (to Mar 2026)
₹49 cr raised in Aug 2025 by offering new shares to existing shareholders

As of Sep 2025, the company says it has spent 100% of what it set aside.

Working Capital
100%
₹38 cr of ₹38 cr
General Corporate Purpose
100%
₹7 cr of ₹7 cr
Issue Related Expense
100%
₹4 cr of ₹4 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.