General Updates

YOUR PARTNER BEYOND PRODUCTS September 03, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Corporate Relationship Department, plot NO. cn, G Block, 2nd Floor, New Trading Wing, Bandra - Kurla Complex Rotunda Building, P.J. Towers, Bandra (E), Mumbai -400 051 Dalal Street, Mumbai - 400 001 Symbol: ELIN Scrip Code: 543725 ISIN: INE050401020 Dear Sir/Ma'am, Sub: Annual Report and AGM Notice for 44th Annual General Meeting (AGM) of the Elin Electronics Limited to be held on Monday, the September 28, 2026. Pursuant to Regulation 34(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith a copy Of the Annual Report being sent to the shareholders through electronic mode along with the Notice of the Annual General Meeting containing the businesses to be transacted at the AGM. Please note that the 44th Annual General Meeting of members of the Company will be held on Monday, the September 28, 2026 at 10.30 a.in. (IST) through Video Conferencing (``VC'')/ Other Audio Visual Means (``OAVM,,). As per Section 108 of the Companies Act, 2013 read with the Rule 20 of the Companies (Management and Administration) Rules, 2014 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company is pleased to provide to its members the facility to cast their vote(s) on all resolutions set forth in the Notice by electronic means ("remote e-voting/ e-voting during the AGM"). The iustructious for remote e-voting/e-voting during the AGM are mentioned in the Notice attached. We request you to take the above information on record. Thanking You . For Elin Electronics Limited Lata Rani Pawa Company Secretary & Compliance Officer M. No.: A30540 cs@elinindia.com ELIN ELE8ik8REBSVEiMiTED CIN : L29304DL1982PLC428372 N®w D®lhl Ghazlabad Coa Baddl Bhlwadl 24 NR 37 ee 7 wg D1i a, Ds rt ee B y lr a hhe g iad -ar a n& 1t j , R 0C 0ao m 2rp o Rr oa ate d ,Office GIC B n hu d- al u1 a zs4 n t ir a2 d i bas, l a1 h dAa4 h r 3 (ea Ua, r1 , R P4 So .4 i )ta , e -d1 N4 014 o 0./ 1 01 9,144/2 GEL s- o8 t aa4 4t, e 0V V 3e 7em 2rna 2a I ,n d Su as lt cr eia tel V T DeI jsl hl ta i rlg i- cNe t- :aB Sle oal g li ak a nh r ,ho ,l, CC El l- c u2 i s, n a eC - M S3 Pa& n Lu C -f 1a5 ,c - tC Sur6 ai ln ag rpur Himachalpradesh-174101 Industrial Area Bhiwadj. District.. AIwa r &011-43000400 &0120-2701519 @ 08326690939 & 9816036987 Rajasthan-301019 Annual Report 2025-26 Built to Last. WIRED TO GROW. ELIN ELECTRONICS LIMITED Contents CORPORATE OVERVIEW 01. Built to last. Wired to grow. 12. Message from the MD’s desk 14. Company overview 16. Journey 18. Certifications 20. Awards 22. Business Model 24. Capabilities STATUTORY REPORTS 26. Manufacturing Locations 50. Management Discussion and Analysis 28. Offerings 58. Directors’ Report 32. Market position 78. Report on Corporate Governance 36. Key performance indicators 38. ESG - Environment FINANCIAL STATEMENTS 42. ESG - Social 96. Standalone Financial Statements 44. ESG - Governance 159. Consolidated Financial Statements 46. Risk Management 48. The Board NOTICE 49. Corporate Information 223. Notice of 44th Annual General Meeting CAUTIONARY STATEMENT This Management Discussion and Analysis contains forward-looking statements based on the current expectations, assumptions and estimates of the management of Elin Electronics Limited. Actual results may differ materially from those expressed or implied due to various factors, including changes in macroeconomic conditions, customer demand, raw material prices, supply chain disruptions, foreign exchange movements, capacity utilisation, Bhiwadi ramp-up timelines, technological changes, regulatory developments and competitive intensity. The Company assumes no obligation to update or revise these statements except as required by applicable laws and regulations. Contents Built to Last CORPORATE OVERVIEW Made It Through the Test. Wired to Grow 01. Built to last. Wired to grow. 12. Message from the MD’s desk is What Happens Next. 14. Company overview 16. Journey One component made in one plant becomes 18. Certifications part of a finished product made in another - sold 20. Awards to a partner who first came to Elin for something 22. Business Model else entirely. One capability leading to another. One relationship opening the door to the next. 24. Capabilities STATUTORY REPORTS 26. Manufacturing Locations That is the architecture Elin Electronics has 50. Management Discussion and Analysis constructed across five decades. FY26 was the 28. Offerings 58. Directors’ Report year it proved itself twice: once in acceleration, 32. Market position 78. Report on Corporate Governance once under pressure. 36. Key performance indicators Three consecutive quarters of improving returns. 38. ESG - Environment FINANCIAL STATEMENTS Then a single quarter where polymer prices, 42. ESG - Social 96. Standalone Financial Statements currency shifts and a wage revision converged 44. ESG - Governance within weeks. The same system that delivered 159. Consolidated Financial Statements 46. Risk Management the first result absorbed the second. 48. The Board NOTICE One plant becomes a platform. Five partners 49. Corporate Information reshape the revenue base. New segments 223. Notice of 44th Annual General Meeting rewrite the earnings profile. CAUTIONARY STATEMENT This Management Discussion and Analysis contains forward-looking statements based on the current expectations, assumptions and estimates of the management of Elin Electronics Limited. Actual results may differ materially from those expressed or implied due to various factors, including changes in macroeconomic conditions, customer demand, raw material prices, supply chain disruptions, foreign exchange movements, capacity utilisation, Bhiwadi ramp-up timelines, technological changes, regulatory developments and competitive intensity. The Company assumes no obligation to update or revise these statements except as required by applicable laws and regulations. From Ghaziabad to Bhiwadi: Extending the Value Chain 02 Annual Report 2025-26 Corporate Overview Bhiwadi was engineered to assemble chimneys, coolers, OFR, Ceiling Fans, OTGs and air fryers under one roof. Every one of these products runs on a fractional horsepower motor that Elin already makes at Ghaziabad, as India’s largest FHP motor producer. The new site creates an internal buyer for an existing product line, at a higher-value endpoint. Rs 100 crore invested, funded entirely from internal accruals. Steady-state output potential: Rs 550-600 crore in turnover. Targeted return on capital employed: 20%. Targeted EBITDA: 7-7.5%. When commissioning moved from March to July-August 2026, Elin initiated assembly of three key lines (chimneys, OFRs and OTGs) at the existing Ghaziabad unit. Design approvals and customer sampling were completed before the Bhiwadi handover. FIVE CUSTOMERS NEW CATEGORIES Five new lighting brands joined during the Chimneys, air coolers, OTGs and OFR heaters year, drawn by a diversified competence set join the portfolio alongside BLDC fans. The refined over five decades. By year-end, they medium-appliance shift carries a distinct contributed half of monthly lighting turnover. financial signature. The combined share of anchor accounts fell For chimneys, Elin makes the motors, the sheet from a historical 50-56% to approximately 43%. metal and the electronics assembly in-house: a Each new relationship opens cross-selling structural price advantage of at least 5% over into fans, appliances and motor systems: competitors assembling from purchased parts. verticals already inside Elin’s industrial base. For OFR heaters, Elin is the only company in Contribution from these accounts is expected India performing complete local fin assembly, to reach Rs 150-170 crore in FY27. The best securing a 6-8% edge over imports. hedge is the one laid before the risk arrives. Higher-realisation product [Showing first 8,000 characters — download PDF for full document]