BSEResult4d ago · 7 Aug 2026, 07:59 pm

Please find attached herewith unaudited financial results for Q1 ended 30.06.2026.

Onida Electronics Ltd · 500279

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Onida Electronics Ltd has announced its unaudited financial results for Q1 ended 30.06.2026, with the Board of Directors approving the same at its meeting held on August 07, 2026. The company has also allotted 1,35,480 Equity Shares pursuant to the exercise of vested Employee Stock Options.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10

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Onida Electronics Ltd - 500279 - Unaudited Financial Results For Q1 30.06.2026

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OWNER'S PRIDE August 07,2026 Ref. No. 36/2026-27 BSE Limited National Stock Exchange of India P.J. Towers, Dalal Street. Limited Mumbai-400 001. Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (East), Mumbai — 400051 Scrip Code —500279 Symbol - ONIDA Through: BSE Listing Centre Through: NEAPS Respected Sir/Madam, Sub: Outcome of the Meeting of the Board of Directors held on August 07, 2026 Ref: Regulations 30, 33 and other applicable regulations of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI LODR’ / 'SEBI Listing Regulations'). Pursuant to Regulation 30, 33 and other applicable provisions of the SEBI Listing Regulations, we hereby inform you that the Board of Directors of the Company at its Meeting held today i.e. Friday August 07, 2026 at Raheja Artesia, Worli, Mumbai, Maharashtra 400030, inter alia, considered and approved the following matters: 1. Unaudited Financial Results for the first quarter ended June 30, 2026 along with the Limited Review Report by M/s. M M Nissim & Co LLP, Statutory Auditors of the Company are enclosed herewith as Annexure A. 2. Allotment of 1,35,480 Equity Shares of Re. 1/- each pursuant to the exercise of vested Employee Stock Options by the eligible employee(s) under the Onida Electronics Employee Stock Option Plan, 2023, at an exercise price of Rs. 14.10 per Equity Share. Consequent to the aforesaid allotment, the paid-up Equity Share Capital of the Company stands increased to Rs. 36,95,27,844/- divided into 36,95,27,844 Equity Shares of Re. 1/- each. Details required under Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 and Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is enclosed as Annexure B. OWNER'S PRIDE The meeting commenced at 3:45 pm and concluded at 7:10 pm. The above information is also available on the Company's website i.e. https://www.onida.com/. You are requested to kindly take the same on record. Thanking you. for Onida Electronics Limited (formerly known as MIRC Electronics Limited) Vijay Mansukhani Chairman & Managing Director DIN: 01041809 Encl: - As above M M NISSIM & CO LLP Annexure -A Regd Office - Barodawala Mansion, Woia CHARTERED ACCOUNTANTS 8-Wing, 3rd Floor, 81, 0r. Annie Besant Road, Worli, Mumbai - 400 018 Tel 191 22 6987 9900 15113710/23/25/28 LLPIN ART - 7548 Website WWw.mmnissim.corm Limited Review Report on the unaudited financial results of ONIDA ELECTRONICS LIMITED (formerly known as MIRC Electronics Limited) for the Quarter ended 30th June 2026 The Board of Directors ONIDA Electronics Limited 1. We have reviewed the accompanying Statement of unaudited standalone financial results (“the Statement”) of ONIDA ELECTRONICS LIMITED (formerly known as MIRC Electronics Limited) (“the Company”) for the quarter ended 30t June 2026, attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended. This Statement which is the responsibility of the Company’s Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsxbxhty is to issue a report on the Statement based on our review. 3. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making enquires, primarily of persons responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we could become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. M M NISSIM & CO LLP Continuation Sheet o4 CHARTERED ACCOUNTANTS 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement prepared in accordance with applicable accounting standards, as notified under the Companies (Indian Accounting Standards) Rules, 2015 as specified in Section 133 of the Companies Act, 2013, read with relevant rules issued thereunder and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. Other Matter The Financial results for the quarter ended 30t June 2025 had been reviewed by another auditor who had expressed an unmodified opinion on those results based on their review. For M M Nissim & Co LLP Chartered Accountants Firm Registration No: 107122W /W100672 Ankur Shah Partner Membership No. 114771 UDIN: 26 \15 771 VS QATQ 88713 Place: Mumbai Date: August 7, 2026 ONIDA ELECTRONICS LIMITED (Formerly known as Mirc Electronics Limited) Regd. Office : Onida House, G-1, MIDC, Mahakali Caves Road, Andheri (East), Mumbai - 400093 CIN No. : L32300MH1981PLC023637. Web: site : www.onida.com Unaudited Financial Results for the Quarter ended 30th June, 2026 T Quarter ended Sr. No. Particulars ;50;&@ A:H]].ZDZS 30.06.2025 “ 31.03.2026 ‘ | Unaudited Audited Audited | (Rofor nota 3) | ‘ fncome 1 Revenue from operations 18,241 14,381 14,085 | 66,001 2 | Other Income 241 490 64 1082 : 3 Total Income (1+2) 18,482 14,871 BETRYTY s1,€e'f‘ | Expenses ‘ | & Cost of raw materials and components consumed 1,917 1,661 1,854 8675 | ; b. Purchase of Contract Manufactured goods 19,707 5,833 7375 36,169 | i ¢. (Increase) / decrease in inventories of finished goods, (7,048)] 2,764 2,255 (1,791). | workin-progress and Contract Manufactured goods | 6. Project bought outs and other direct costs 515 1,568 301 14372 . Employee benefits expense (refer note 5) 1,924 1,245 1373 5439 | . Finance cost 346 349 347 1639 | ‘ 9. Depreciation and amortisation expense 170 170 162 649 | | | h.Ctherexpenses 2,369 283 1731 8033 4 | Total Expenses 19,900 16,428 15,398 73,185 5 Profit/ (Loss) before tax (34) (1,418), (1,557). (1,249) (6,102); | 6 | Exceptional items - (3,179). - (1.372)] |7 Profit/ (Loss) after exceptional item and before tax (5+6) (1,418) (4,736) (1,249) (7,474) [ 1 Tax Expense B - . - 9 \Profit/ (Loss) after tax (7-8) (1,418) (4,738). (1,249) (7,474) } 10 ‘\ Other Comprehensive Income | [fems that villnot be reclassifed fo Proft or Loss 7 (3) (@) 2% 1 11 Total Comprehensive Profit/ (Loss) (9+10) (1,411), (4,749)! (1,276), (7,448) } 12 | Paid Up Equity Share Capital (face value of Re.1/- each) 369 36% 2311 36% } 13 | Other equity 20,082 14 Earnings Per Share* (face value of Re.1/- each) - in Rupees Basic and Diluted - before exceptional item (0.38); (0.42)’ (0.54) (2.00); "Basm and Diluted - after exceptional item (0.38) (1.28)] (0.54)] (2.45)| g Not annualised for the quarters. Notes 1. The above results as reviewed by the Audit Commiltee and have bean taken on record al the meeling of the Board of Diactors held on 7ih August, 2026. These financial resulls have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2016 (as amended)(nd AS) prescribed under Section 133 of the Companies Act, 2013 an [Showing first 8,000 characters — download PDF for full document]