Mirc Electronics Limited · NSE:MIRCELECTR
Mirc Electronics — Onida Electronics — Q2 FY27 Earnings Presentation
20 slides from Mirc Electronics's earnings presentation, Nov 4, 2026
Slide 1: Exchange intimation letter for press release and investor presentation
November 04, 2026 Ref. No. 57/2026-27 To, 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 S
Slide 2: Press release: Stellar growth in brand revenue, quarter ended September 2026
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 hom
Slide 3: CEO comments and about Onida Electronics
• 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, w
Slide 4: Investor Presentation November 2026
OWNERS PRIDE |: : : INVESTOR PRESENTATION November 2026 a
Slide 5: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by the management of Onida Electronics Limited (the “Company”), solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any secur
Slide 6: Company Overview
Company Overview Brand Revenue Onida Electronics Limited (formerly MIRC Electronics Ltd.) is a 45- 581 year legacy Indian consumer durables company built around the 509 496 iconic ONIDA brand; renamed from MIRC Electronics in May 2026 to align with the brand's strong recall. 325 Engaged in categ
Slide 7: Operational Updates
Operational Updates What went well What could have been better…. Q2 Brand turnover growth at 65%, H1 growth AREAS OF CONCERN |Situation Geo-Political ACTION NEEDED resulted in increased stands at 48%. component Cost across product categories. Sell out growth exceeding primary value growth. Gr
Slide 8: Business Overview
BUSINESS OVERVIEW
Slide 9: Journey So Far
JOURNEY SO FAR 1981 1993 2004 2008 2018 2021 2024 Onida Electronics Ltd. Listed on BSE; Crossed 250,000 Set up Roorkee plant; Launched UIC Series Entered new Launched QLED Smart established; began crossed 1 Mn CTV CTVs/month; Wada ISO certified; LCD – Google-certified AI categories: TVs (Elite segme
Slide 10: Awards & Recognition
AWARDS & RECOGNITION ELCINA CETMA ELCINA ELECTRONIC OUTSTANDING MAN OF ELECTRONICS INDUSTRIES ASSOCIATION OF AWARD-2004 CITIZEN AWARD-2008 INDIA ELECTRONICS MAN OF THE YEAR 2004-05 MR GULU MIRCHANDANI RECEIVING THE LIFETIME ACHIEVEMENT INDIA’S LIFETIME ACHIEVEMENT AWARD 2019 GREATEST BRAND BUILDERS
Slide 11: Televisions — LED / QLED
TELEVISIONS — LED / QLED At a Glance 38% 54% of H1FY27 revenue LED/Panel growth, H1FY27 Key Technology Features Highlights • LED emerged as the key growth driver, 52% QoQ growth, supported by new product launches & promotional schemes. Quantum Dot Dolby Vision™ Dolby Atmos ® Google TV / Fire Display
Slide 12: Air Conditioners
AIR CONDITIONERS At a Glance 46% 63% of H1FY27 revenue AC segment growth,H1 FY27 Key Technology Features Highlights • Category recorded 239% QoQ growth on account of second summer across major parts of the Country. 9-in-1 1100mm Indoor AI Performance Wi-Fi / Smart Convertible Unit Optimization Contr
Slide 13: Washing Machines
WASHING MACHINES At a Glance 14% 23% of H1FY27 revenue WM segment growth, H1FY27 Key Technology Features Highlights • Category achieving 41% QoQ growth in sale with higher sub-category Hydrologic Quick Dry Spin Sen somatic Wash Eco-Friendly mix of Semi and Top Load washing machine. Pulsator Technolo
Slide 14: Master Product Launch Roadmap
MASTER PRODUCT LAUNCH ROADMAP Unified Category Rollout Plan across Washing Machines, LED TVs, and Air Conditioners Washing Machines LED Televisions Air Conditioners Q2 ‘2026 Q3 ‘2026 Q2 ‘2026 Semi Auto: 7.5 Kg, 8.5 Kg, 10 Kg Fighter QLED Series Series Portfolio: Fully Auto: 7.5 Kg Hero, 9 Kg Hero-02
Slide 15: Financial Performance
FINANCIAL PERFORMANCE
Slide 16: Q2 and H1 FY27 – Branded vs Total Turnover
Q2 FY’27 – BRANDED VS TOTAL TURNOVER Turnover Gross Margin % Highlights for Q2. *2,656 *2683 19,864 16,331 15,038 1,158 1,223 Total Brand turnover registered a 9,140 stellar growth of 65% over previous year. Total revenue Branded Total Branded Total growth stands at 22%.. Q2FY27 Q2FY26 Q2FY27 Q2FY26
Slide 17: P&L – Q2 & H1FY27
P&L – Q2 & H1FY27 Particulars Consolidated (INR Lakhs) Consolidated (INR Lakhs) Q2FY27 Q2FY26 YoY% H1FY27 H1FY26 YoY% Revenue 19,864 16,331 22% 38,105 30,416 25% COGS 17,573 15,108 16% 32,664 26,893 21% Gross Margin 2,291 1,223 87% 5,441 3,523 54% GM % 11.53% 7.49% 54% 14.28% 11.58% 23% Operating Ex
Slide 18: Balance Sheet
Balance Sheet Particulars (INR Lakhs) H1FY27 H1FY26 Mar’26 I. Assets Non-Current Assets 9,835 10,756 9,856 Property, Plant & Equipment 7,207 7,290 7,236 Others 2,628 3,466 2,621 Current Assets 45,086 37,597 42,506 Inventories 21,304 18,461 14,117 Investments - 169 4,452 Trade Receivables 13,756 9,98
Slide 19: Cash Flow
Cash Flow Particulars (INR Lakhs) H1'FY27 H1'FY26 Mar-26 PBT (5,402) (1,394) (7,475) Depreciation & Amortisation 348 326 649 Finance Expenses(Net) 649 875 1,639 Working Capital Change (1,026) (4,173) (5,920) Gain/loss on disposal of property, plant and equipment (4) (2,060) (2,060) Others 783 508 2,
Slide 20: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by the management of Onida Electronics Ltd. (the “Company”), solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securiti