MIRCELECTR

Onida Electronics share price & financials

Price
₹40.1
Market cap
₹1.4k Cr
Sector
Consumer Durables

What Onida Electronics Limited does

MIRC Electronics manufactures and markets consumer electronics under its legacy Onida brand, spanning LED televisions/panels, air conditioners and washing machines. Alongside its own branded sales, it runs non-captive (contract/OEM) manufacturing, using spare plant capacity to produce electronics for other companies. Production is carried out at three company-owned plants — two in Maharashtra (Wada; Lote-Parshuram, Chiplun) and one in Uttarakhand (Roorkee-II) — with the Wada plant in commercial production since 1994 and Roorkee-II since 2009. Operations are entirely India-focused with no export business.

Segments

  • Television & Panels
  • Air Conditioners
  • Washing Machines
  • Non-captive manufacturing
Manufacturing plants
3
Plant locations
Wada (Maharashtra), Lote-Parshuram/Chiplun (Maharashtra), Roorkee-II (Uttarakhand)
Core brand
Onida
Product categories
LED TVs/panels, air conditioners, washing machines
Manufacturing model
Captive (in-house) plus non-captive (contract/OEM) manufacturing for third parties
Oldest plant operating since
Wada plant, commercial production started July 1994
Founded 1981Headquarters Mumbai, Maharashtra Company website

Quarterly results

Q1 FY27: revenue up 29.1%, net profit down 16.7% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue151 167 201 141 163 +8%212 +27%144 −28%182 +29%
EBITDA6 -2 0 -8 -17 −383%-8 −300%-15 -11 −37%
Net profit1 -5 1 -12 -2 −300%-13 −160%-47 −4800%-14 −17%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +10.0% 1Y

₹20.0₹30.0₹40.0Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹29.48 on 10 Sept 2025 → ₹32.42. High ₹46.78 (11 May 2026), low ₹21.8 (8 Dec 2025).

Financials, as filed

Revenue fell 15.9% a year over 3 years, FY23 to FY26. Operating margin narrowed to -7.3%.

Year endingFY23FY24FY25FY26
Revenue₹1.1k Cr₹968 Cr₹747 Cr₹660 Cr
Operating profit₹5 Cr₹-45 Cr₹9 Cr₹-48 Cr
Operating margin0.5%-4.6%1.2%-7.3%
Interest₹11 Cr₹15 Cr₹14 Cr₹15 Cr
Depreciation₹9 Cr₹8 Cr₹8 Cr₹8 Cr
Net profit₹-13 Cr₹-61 Cr₹-3 Cr₹-74 Cr
Net margin-1.2%-6.3%-0.4%-11.2%
Cash from operations₹-9 Cr₹-5 Cr₹23 Cr₹-107 Cr
Free cash flow₹-8 Cr₹-4 Cr₹23 Cr₹-91 Cr
ROCE-1.0%-20.0%5.0%-17.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹23 Cr₹23 Cr₹23 Cr₹23 Cr₹28 Cr₹37 Cr
Reserves₹200 Cr₹180 Cr₹168 Cr₹105 Cr₹129 Cr₹201 Cr
Borrowings₹85 Cr₹68 Cr₹82 Cr₹104 Cr₹49 Cr₹78 Cr
Other liabilities₹357 Cr₹433 Cr₹257 Cr₹338 Cr₹278 Cr₹208 Cr
Total liabilities₹665 Cr₹704 Cr₹529 Cr₹570 Cr₹484 Cr₹524 Cr
Fixed assets₹87 Cr₹92 Cr₹87 Cr₹78 Cr₹71 Cr₹72 Cr
Capital work in progress₹5 Cr₹0 Cr₹0 Cr₹0 Cr₹2 Cr₹0 Cr
Investments₹1 Cr₹1 Cr₹1 Cr₹2 Cr₹2 Cr₹45 Cr
Other assets₹573 Cr₹611 Cr₹440 Cr₹490 Cr₹409 Cr₹407 Cr
Total assets₹665 Cr₹704 Cr₹529 Cr₹570 Cr₹484 Cr₹524 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, promoters trimmed −12.86 pp while the public added +12.75 pp. The shareholder count shrank 6% to 73,126.

Promoters
40.5%
FIIs
0.0%
DIIs
0.1%
Public
59.4%

Since Jun 2025

  • Promoters −12.86 pp
  • Public +12.75 pp
  • DIIs +0.07 pp

How it drifted, 12 quarters

Over this window the public went from 45.7% to 59.4% — +13.7 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 53.4%, FIIs 1.0%, Public 45.7%.Dec '23: Promoters 53.4%, FIIs 1.0%, DIIs 0.0%, Public 45.6%.Mar '24: Promoters 53.4%, FIIs 0.0%, Public 46.6%.Jun '24: Promoters 53.4%, Public 46.6%.Sep '24: Promoters 53.4%, Public 46.6%.Dec '24: Promoters 53.4%, FIIs 0.1%, DIIs 0.0%, Public 46.6%.Mar '25: Promoters 53.4%, FIIs 0.2%, DIIs 0.0%, Public 46.4%.Jun '25: Promoters 53.4%, DIIs 0.0%, Public 46.6%.Sep '25: Promoters 53.4%, FIIs 0.0%, DIIs 0.0%, Public 46.6%.Dec '25: Promoters 40.5%, FIIs 0.1%, Public 59.4%.Mar '26: Promoters 40.5%, FIIs 0.1%, Public 59.4%.Jun '26: Promoters 40.5%, FIIs 0.0%, DIIs 0.1%, Public 59.4%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 1 holder trimming and 0 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Onida Electronics Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Authum Investment And Infrastructure Limited NBFC / DFI21.25%unchanged
GLM Family Trust (Gulu Lalchand Mirchandani-in the capacity of Trustee) 17.65%unchanged
Gulita Securities Ltd 8.95%unchanged
Marissa Vijay Mansukhani 8.54%unchanged
360 One Investment Adviser And Trustee Services Limited 4.66%unchanged
Sspl Securities Private Limited 2.70%+0.26 pp
Vikram Kotak Huf 2.02%unchanged
Mona Laroia 1.16%−0.19 pp
Gita Gulu Mirchandani 0.41%unchanged
Adino Electronics Limited 0.16%unchanged
Vijay Mansukhani 0.12%unchanged
G L Mirchandani 0.03%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse Onida Electronics Limited

Guides on how to read this kind of business and the numbers that matter.