NSEInvestor Presentation2d ago · 4 Nov 2026, 03:43 pm
Investor Presentation
Onida Electronics Limited · ONIDA
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Onida Electronics Limited has announced its unaudited financial results for the quarter and half yearly ended September 30, 2026, showing a 65% year-on-year growth in branded business revenue and a 48% year-on-year growth in branded business margin.
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Onida Electronics Limited has informed the Exchange about Investor Presentation
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November 04, 2026 Ref. No. 57/2026-27
BSE Limited National Stock Exchange of India Limited
P.J. Towers, Dalal Street. Exchange Plaza, C-1, Block G,
Mumbai-400 001. Bandra Kurla Complex, Bandra (East),
Mumbai – 400051
Scrip Code – 500279 Symbol – ONIDA
Through: BSE Listing Centre Through: NEAPS
Sub: Intimation of Press Release and Investor Presentation under Regulation 30
read with Regulation 33 of SEBI (LODR) Regulations, 2015
Respected Sir/Madam,
Pursuant to Regulation 30 read with Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, we hereby enclose a copy of the press
release titled "Onida Electronics Ltd (formerly known as MIRC Electronics
Limited) registered a Stellar Growth in Brand Revenue for the Quarter Ended
September 2026" along with Investor Presentation that is being issued by the Company
today, i.e., Wednesday November 04, 2026.
The contents of the press release are self-explanatory and are being submitted for your
information and for dissemination on your website.
We request you to kindly take the same on record.
Thanking you
for Onida Electronics Limited
(formerly known as MIRC Electronics Limited)
Vijay Mansukhani
Chairman and Managing Director
DIN: 01041809
ONIDA ELECTRONICS LIMITED
(Formerly known as MIRC Electronics Limited)
Regd. Office: Onida House, G-1, M.I.D.C, Mahakali Caves Road, Andheri (East), Mumbai-400 093.
Tel.: +91-22-6697 5777
CIN No.: L32300MH1981PLC023637. Website: www.onida.com
Onida Electronics Ltd (formerly known as MIRC Electronics Limited) registered
a Stellar Growth in Brand Revenue for the Quarter Ended September 2026.
Mumbai, 4th November 2026: Onida Electronics Limited (formerly known as MIRC Electronics
Limited), one of India's leading consumer electronics and home appliances companies,
announced its unaudited financial results for the quarter and half yearly ended September 30,
2026.
Particulars (INR Cr) Q2FY27 Q2FY26 H1FY27 H1FY26
Brand Revenue 150.4 91.4 325.7 220.5
Gross Margin* 26.5 11.5 57.9 33.5
*setting aside one-off
Particulars (INR Cr) Q2FY27 Q2FY26 H1FY27 H1FY26
Total Income 199.5 165.1 384.4 306.6
PAT (39.8) (1.8) (54) (14.3)
Key Financial Highlights (Brand):
• Branded business revenue stood at Rs.150.4 crores in Q2 FY27, up 65% year-on-year,
and at Rs. 325.7 crores in H1 FY27, up 48% year-on-year.
• Branded business margin stood at 17.7% in Q2 FY27, setting aside one-off, an increase
of 470 bps over previous year.
Key Operational Highlights:
• The air conditioner business registered a growth of 239% year-on-year for Q2 FY27,
while the LED TV business grew 52% year-on-year.
• The e-commerce channel grew 169% year-on-year in H1 FY27, led by air conditioners
and washing machines.
• Based on Sell-out data, Onida air conditioners gained market share in in E-com channel
for the month of September 2026.
• Onida SmartHub exclusive brand outlets are now operational, strengthening Onida’s
own retail presence.
• Newly added distributors and dealers have begun contributing incrementally to the
Company’s overall revenue.
• The Company has entered an exclusive tie-up with rural distribution partner extending
Onida’s reach beyond urban markets.
• The flagship 100-inch QD Mini-LED television has been launched, adding to the
premium large-screen portfolio.
• The washing machine portfolio is being revamped, and the air conditioner range for
the upcoming season has been finalised.
Mr. Gunjan Srivastava, Managing Director & CEO, Onida Electronics Limited (formerly
known as MIRC Electronics Limited), adds:
"Q2 of FY27 has seen strong momentum for Onida, with robust growth in air conditioners and
LED televisions and a sharp scale-up in our e-commerce channel. As we enter the second half,
we are well positioned to capitalise on festive demand with a refreshed portfolio across
televisions, air conditioners and washing machines. Consumer preferences are clearly shifting
towards larger screens, smarter features and energy-efficient appliances, and Onida Rewired
is designed to capture this premiumisation opportunity. Input cost inflation and competitive
intensity remain near-term headwinds for the industry. We are addressing them through
calibrated pricing, a richer product mix and tighter cost discipline. Our focus for the second
half will be to scale the business, while steadily improving operational efficiency and
productivity. In the coming quarters, we will expand our SmartHub footprint across Tier 2 and
Tier 3 cities, improve product availability and quality of service, as we build a stronger and
more agile Onida."
About Onida Electronics Limited (formerly known as MIRC Electronics Limited)
Onida Electronics Limited, (formerly known as MIRC Electronics Limited), is one of India’s most
recognised homegrown consumer electronics and appliances brands. It was established in
1981 and is headquartered in Mumbai. The company’s portfolio spans air conditioners,
televisions and washing machines, sold through an offline retail network and a growing e-
commerce presence. Its guiding philosophy is “Made in India, Made for India”.
The company is now in the next phase of its transformation, called Onida Rewired. This phase
focuses on affordable premiumisation, innovation-led product development, superior
customer experience, and sustainable, profitable growth. Onida Electronics Limited is listed
on the National Stock Exchange (NSE: ONIDA) and BSE (BSE: 500279).
For Further Information: For Public Relations Queries:
Concept PR
Mr. Prasad Oak
(Company Secretary & Compliance Officer) Manish Kadam / Dhwani Desai
manish@conceptpr.cpm / Dhwani@conceptpr.com
Onida Electronics Ltd
(formerly known as MIRC Electronics Limited)
For Investor Relations Queries:
Email: investors@onida.com
Concept PR
Chintan Sudhir Kotak/Pawan Sachdev
Chintan@conceptpr.com / Pawan@conceptpr.com
November 2026
Disclaimer
This presentation and the accompanying slides (the “Presentation”), which have been prepared by the management of Onida Electronics Limited (the
“Company”), solelyfor informationpurposes and donot constitute any offer, recommendationorinvitation to purchaseor subscribe for any securitiesand
shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will
bemadeexceptbymeansofastatutoryofferingdocumentcontainingdetailedinformationabouttheCompany.
This Presentation has been prepared by the Company based on information and datawhich the Company considers reliable, but the Companymakes no
representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and
reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may
considermaterial.Anyliabilityinrespectofthecontentsof,oranyomissionfrom,thisPresentationisexpresslyexcluded.
This presentation contains certain forward-looking statements concerning the Company’s future business prospects and business profitability, which are
subject to a number of risks and uncertainties, and the actual results could materially differ from those in such forward-looking statements. The risks and
uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage
growth, competition (both domestic and international), economic growth in India and abroad, ability to attract and retain highly skilled professionals, time
and cost over runs on contracts, our ability to manage our international operations, government policies and actions regulations, interest and other fiscal
costsgenerallyprevailing inthe economy. The Companydoesnot undertaketomakeanyannouncement incase anyofthese forward-looking statements
becomemateriallyincorrectinfutureorupdateanyforward-lookingstatementsmadefromtimetotimebyoronbehalfoftheCompany.
Company Overview
Bran
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