Analysts/Institutional Investor Meet/Con. Call Updates

YOUR PARTNER BEYOND PRODUCTS August 10, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Corporate Relationship Department, Plot No. C/1, G Block, 2nd Floor, New Trading Wing, Bandra - Kurla Complex Rotunda Building, P.I. Towers, Bandra (E), Mumbai - 400 051 Dalal Street, Mumbai - 400 001 Symbol: ELIN Scrip Code: 543725 ISIN: INE050401020 Dear sir/ Ma'am, Subject: Submission of Transcript of conference call held on August 06, 2026. Pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we are enclosing herewith the transcript of an earnings conference call for the QIFY2027 held on Thursday, August 06, 2026. The above information is being uploaded on the website of the Company at w,,ww.ei We request you to take the above information on record. Thanking You Yours faithfully, For Elin Electronics Limited Lat; Rahi Pawa Company Secretary & Compliance Officer M. No.: A30540 cs'l(i;'ejinimciia.com Encl: As Above ELIN ELECTRONICS LIMITED CIN : L29304DL1982PLC428372 N®w D®Ihl Ghazlabad Goa Badd[ Bhlwadl Registered & Corporate Office 4 2 N37 D1 D, a r eB y lhah g ia -a 1r na 1jt 0, R 00a 2m Road, GC B Inu hd- al1 ua zs4 n t ir a2 d i bas, l a1 h dAa4 h r 3 (ea U, ar1 , 4 So .4 i )ta , e -d1 N4 014 o 0./ 1 1 9,144/2 GEL- s o8 t aa4 4t, e 0V 3Ve 7em 2ra 2n aIn , d Su as lt cr eia tel V T Dei il shl ta i rlg i- ce N t- :B a Sle oal g li ak a nh r ,ho ,l, CC El l- c u2 i s, n tC a r- M 3 a P& n Lu C -f 1a5 ,c- t C u Sr6 ai ln ag rpur Himachalpradesh-174101 Industrial Area Bhiwadi. District: Alwa r &01143000400 &0120-2701519 & 08326690939 & 9816036987 Rajasthan-301019 Elin Electronics Limited Q1 FY27 Earnings Conference Call Event Date / Time : 06/08/2026, 17:00 Hrs. Event Duration : 48 mins 21 secs CORPORATE PARTICIPANTS: Mr. Kamal Sethia Managing Director Mr. Akash Sethia Head of Strategies Mr. Sanjeev Sethia Director Mr. Devansh: Sunidhi Securities Q&A PARTICIPANTS LIST: 1. Zaki Naseer : Individual Investor 2. Sahil Doshi : Systematic Wealth 3. Saket Kapoor : Kapoor & Co. Moderator: Good evening, ladies and gentlemen. I am Madhuri, moderator for the conference call. Welcome to Elin Electronics Limited Q1 FY27 conference call. As a reminder, all participants will be in listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star and then zero on your touchtone telephone. Please note that this conference is recorded. I would now like to hand over the floor to Mr. Devansh. Over to you, sir. Devansh: Thank you, ma'am. Good evening and a very warm welcome to everyone. On behalf of Sunidhi Securities, I welcome you all to Elin Electronics Limited Q1 FY27 earnings conference call. Today we have with us from the management represented by Mr. Kamal Sethia, Managing Director; Mr. Aakash Sethia, Head of Strategy; and Mr. Sanjeev Sethia, Director. We thank Elin Electronics Limited for giving us the opportunity to host the call. I would now like to hand over the floor to the management for their opening remarks, post which we will open the floor for Q&A. Thank you, and over to you, Aakash sir. Sanjeev Sethia: Thank you very much, Devansh. This is Sanjeev Sethia here. Good evening, ladies and gentlemen. I also have on call today our Managing Director, Mr. Kamal Sethia, and our Strategy Head, Mr. Aakash Sethia. Thank you for joining our earnings call for the first quarter of fiscal year March 2027. Coming to our overall performance for the quarter, operating revenues for the quarter was at Rupees 362.8 crores against Rupees 295.5 crores in the same period last year, up 23% on year-on-year basis. Our revenue growth was driven primarily by material led inflation across our portfolio with high single-digit to low double-digit volume growth across categories. Consolidated EBITDA for the quarter was Rupees 4 crores against Rupees 17.6 crores in the same period last year. The decline in EBITDA margin is primarily because of the following factors: sudden and massive increase in commodity prices primarily led by plastic resins due to crude oil prices because of the conflict in Middle East region. Prices of plastic rose up to 40 to 50% in selected categories. Similarly, metals, especially aluminum, saw a sharp up of around 40 to 45% during the quarter, although of course it has cooled off partially. Again, sharp depreciation of INR against USD, CNY affecting pricing of imports, especially electronics and some key components. We also had a large unanticipated minimum wage increase of almost 25% in Ghaziabad region of Uttar Pradesh where our largest factory is situated with effect from 1st April 2026. Change in product mix with decline in motor and select lighting products which were at higher value addition which got replaced with products at lower value add led to impact on gross margin and therefore EBITDA margins. Therefore, our EBITDA margin declined from 5.9% last quarter to 1.1% in the current quarter. Excluding extraordinary items, consolidated PAT loss for the quarter was Rupees 2.8 crore against a profit of Rupees 9.4 crores in the same period last year. Our liquidity position is at net cash of 6 crores at June 2026. Our capex spend in quarter one FY27 was at Rupees 7.5 crores. This was probably one of the most challenging quarters in my experience with both macro and micro disruptions affecting operation. In addition to the war and conflict led surge raw material prices, sharp depreciation of rupee, we also had a major fire in our Ghaziabad plant in the end of May 2026, which I would like you like to update you about. Firstly, there was no casualty or loss of life. Our assets are adequately insured. We have provided for loss arising from the fire amounting to Rupees 24.6 crores. It has had an impact on both production and working capital. Filing of claim is in the final stage and we expect to recover this loss from insurance within 4 to 5 months. Now I would like to share with you the performance of each of our business verticals. In lighting, fans and switch segment, the revenue of the quarter was Rupees 106 crores against Rupees 80 crores in the same quarter last year. This was driven by both fans category and new customer ramping up in the LED lighting category. LED lighting exclusive of flashlights increased from 39.5 crores last quarter to 51.4 crores in the current quarter. This was primarily driven by new customer ramping up capacity with us. While overall volumes have grown, change in the product mix has impacted us with downlights being replaced by battens. Further in the batten category, we could not increase customer prices despite substantial increase in input due to irrational competition keeping margins under severe pressure. With effect from August, we have decided to scale down battens till the pricing situation improves. Moving to our fans business now, our fans business grew from Rupees 27.8 crores to Rupees 43 crores this quarter. Our BLDC ceiling fan business has done well on a year-on-year basis with 75% growth. While margins were under pressure in Q1, they have come back to normal in Q2 with the quarterly pricing settlement kicking in. While Q2 is seasonally weak for fans, we expect this to pick up strongly again in Q3 and continue to do well in Q4 as well. Moving on to the home appliance segment, revenues increased from Rupees 68.6 crores last quarter to Rupees 110.6 crore this quarter. Kitchen and home care revenues increased by 70% year-on-year basis. This was on the back of growth of revenue from mixer grinder and irons. We have seen sustained volume growth across categories. Personal care segment was up 43% year-on-year driven by strong volume growth in hair dryers and sterilizers. In this entire category margin pressure has been severe as commodity price moved up sharply. This has been adjusted with effect from Jul [Showing first 8,000 characters — download PDF for full document]