ONIDA
ONIDA financials
- Market cap
- ₹1.3k Cr
- Sector
- Consumer Durables
- Calls analysed
- 1
ONIDA Q1 FY27
What went well
- Branded business recorded 35.8% year-on-year growth, reaching ₹175 crores, primarily driven by strong performance in LED TV and AC categories.
- Revenue from operations for the quarter stood at ₹182.4 crores, registering a 29.5% year-on-year growth compared to ₹140.9 crores in Q1 FY26.
- Gross margin improved to 17.3%, an increase of 100 basis points from 16.3% in Q1 FY26, supported by a better sales mix and improved realizations in AC and LED.
What to watch
- The company reported a loss of ₹14.2 crores for the quarter, compared to a loss of ₹12.5 crores in Q1 FY26.
- Washing machine business declined marginally by 1.8% year-on-year, mainly due to product mix.
Guidance record · Q1 FY27
updates from the last two tracked quarters 4 tracked 0 delivered 0 missed 4 open- Retail Reach open said Q1 FY27 Promised: Doubling reach in the next 6 to 12 months Q1 FY27: Management stated an objective to double retail reach in the next 6 to 12 months.
All 4 tracked — see the targets, revisions and supporting evidence.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 29.1%, net profit down 16.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 151 | 167 | 201 | 141 | 163 +8% | 212 +27% | 144 −28% | 182 +29% |
| EBITDA | 6 | -2 | 0 | -8 | -17 −383% | -8 −300% | -15 | -11 −37% |
| Net profit | 1 | -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 +13.7% 1Y
1Y: ₹29.07 on 15 Sept 2025 → ₹33.05. High ₹46.12 (14 May 2026), low ₹21.8 (8 Dec 2025).
How the price took the results
close before → close after
- Q1 FY27
- +1.5%
- 10 Aug
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
Revenue fell 17.4% a year over 2 years, FY24 to FY26. Operating margin narrowed to -7.3%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹968 Cr | ₹747 Cr | ₹660 Cr |
| Operating profit | ₹-45 Cr | ₹9 Cr | ₹-48 Cr |
| Operating margin | -4.6% | 1.2% | -7.3% |
| Interest | ₹15 Cr | ₹14 Cr | ₹15 Cr |
| Depreciation | ₹8 Cr | ₹8 Cr | ₹8 Cr |
| Net profit | ₹-61 Cr | ₹-3 Cr | ₹-74 Cr |
| Net margin | -6.3% | -0.4% | -11.2% |
| ROCE | -20.0% | 5.0% | -16.0% |
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 ending | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | ₹23 Cr | ₹23 Cr | ₹23 Cr | ₹23 Cr | ₹23 Cr | ₹37 Cr |
| Reserves | ₹200 Cr | ₹180 Cr | ₹168 Cr | ₹105 Cr | ₹103 Cr | ₹201 Cr |
| Borrowings | ₹85 Cr | ₹68 Cr | ₹82 Cr | ₹104 Cr | ₹102 Cr | ₹78 Cr |
| Other liabilities | ₹357 Cr | ₹433 Cr | ₹257 Cr | ₹338 Cr | ₹301 Cr | ₹208 Cr |
| Total liabilities | ₹665 Cr | ₹704 Cr | ₹529 Cr | ₹570 Cr | ₹528 Cr | ₹524 Cr |
| Fixed assets | ₹87 Cr | ₹92 Cr | ₹87 Cr | ₹78 Cr | ₹72 Cr | ₹72 Cr |
| Capital work in progress | ₹5 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 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 | ₹454 Cr | ₹407 Cr |
| Total assets | ₹665 Cr | ₹704 Cr | ₹529 Cr | ₹570 Cr | ₹528 Cr | ₹524 Cr |
How to read this
As filed on each reporting date, including interim balance sheets. 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.
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 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.
- Sspl Securities Private Limited +0.26 pp 2.70% held
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 above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Authum Investment And Infrastructure Limited NBFC / DFI | 21.25% | 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
Guides on how to read this kind of business and the numbers that matter.