Slide 1: Your Partner Beyond Products
£L;„ YOUR PARTNER BEYOND PRODUCTS November 10, 2025 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.J. Towers, Bandra (E), Mumbai -400 051
Slide 2: Q2FY26 & H1FY26 Earnings Presentation
Elin Electronics Limited Q2FY26 & H1FY26 Earnings Presentation November 2025
Slide 3: Disclaimer
Disclaimer This investor presentation has been prepared for informational purposes only. This Presentation does not constitute a prospectus or offering memorandum and is not an offer or initiation to buy or sell any securities, nor shall part or all of this presentation form the basis of, or to be r
Slide 4: Agenda
Agenda S No Description 1 Company Overview 2 Q2 FY26 & H1 FY26 Financial Performance & Business Discussion 3 Guidance & Future Outlook
Slide 5: Elin Electronics at a Glance
Elin Electronics at a Glance Who We Are • We are a leading EMS company, manufacturing end-to end product solutions for both international and domestic brands of lighting, fans, and home appliances in India, and are one of the largest fractional horsepower motors manufacturers in India • Serve custom
Slide 6: Key Business Segments
Key Business Segments EMS Products Components Particulars LED Moulded Medical Lighting, Home FHP and Sheet Diagnostic Fans and Appliances Motors Metal Cartridges Switches Component • LED lighting – • Dry and steam FHP motors used in • Medical • Plastic moulded Battens, irons – diagnostic and sheet m
Slide 7: Manufacturing Locations
Manufacturing Locations Ghaziabad, Uttar Pradesh Verna, Goa Baddi, Himachal Pradesh Commenced Operations in 1970 Commenced Operations in 1995 Commenced Operations in 2004 Products manufactured • Fractional horsepower motors • Medical diagnostic cartridges • Home appliances – Small appliances & • LED
Slide 8: Manufacturing Facilities
Manufacturing Facilities EMS FACILITY PAD PRINTING SMT lines, Capacity: 600K CPH TOOL ROOM PRESS SHOP ASSEMBLY LINES COATING – 15 T to 350 T POWDER COATING, TESTING LAB AL DIECASTING 150T - 650 T MOULDING SHOP LIQUID PAINTING 50T - 700 T MOTORS MANUFACTURING METALLIZING 4
Slide 9: Agenda
Agenda S No Description 1 Company Overview 2 Q2 FY26 & H1 FY26 Financial Performance & Business Discussion 3 Guidance & Future Outlook
Slide 10: Q2FY26 & H1FY26 Snapshot
Q2FY26 & H1FY26 Snapshot Operating Revenue EBITDA Profit After Tax INR 3,745 million INR 204 million INR103 million up ~23% YoY from up ~80% YoY from up ~115% YoY from INR 3,046 million INR 113 million INR 48 million Net Cash / (Debt) Net WC Days INR 942 million ~53 days from from INR 1,036 million
Slide 11: Q2FY26 & H1FY26 Snapshot
Q2FY26 & H1FY26 Snapshot INR million Q2-FY25 Q2-FY26 Q1-FY26 Q2-FY26 H1FY25 H1FY26 Revenue 3,046 3,745 2,955 3,745 5,981 6,700 EBITDA 113 204 176 204 246 379 Margin % 3.7% 5.4% 5.9% 5.4% 4.1% 5.7% PAT 48 103 94 103 107 197 Revenue grew ~23% on a YoY basis: YoY growth was robust largely on accoun
Slide 12: Revenue Breakdown
Revenue Breakdown INR million Q2-FY25 Q2-FY26 Q1-FY26 Q2-FY26 H1-FY25 H1-FY26 Lighting, Fans & Switches 666 724 801 724 1,560 1,525 Home Appliances 829 1,406 686 1,406 1,465 2,092 FHP Motors 741 735 614 735 1,398 1,349 Other EMS 111 101 154 101 250 255 Total EMS 2,347 2,966 2,255 2,966 4,674 5,221 P
Slide 13: Expenditure Analysis
Expenditure Analysis Q2-FY25 Q2-FY26 Q1-FY26 Q2-FY26 H1FY25 H1FY26 Cost of Material Consumed 75.2% 76.0% 72.0% 76.0% 74.4% 74.2% Employee Benefits 14.1% 12.0% 14.5% 12.0% 14.4% 13.1% Other Expenses 7.0% 6.6% 7.5% 6.6% 7.2% 7.0% EBITDA w/o Other income 3.7% 5.4% 5.9% 5.4% 4.1% 5.7% Finance Costs 0.7%
Slide 14: Lighting, Fans & Switches
Lighting, Fans & Switches INR million Q2-FY25 Q2-FY26 Q1-FY26 Q2-FY26 H1-FY25 H1-FY26 Lighting 500 475 395 475 1,135 870 Flashlights 61 64 94 64 166 158 Fans 87 152 278 152 213 430 Switches 18 33 34 33 47 67 Total 666 724 801 724 1,560 1,525 Lighting revenue declined ~5% YoY led by volume decline
Slide 15: Home Appliances
Home Appliances INR million Q2-FY25 Q2-FY26 Q1-FY26 Q2-FY26 H1-FY25 H1-FY26 Kitchen & Home Care 494 977 424 977 888 1,401 Personal Care 336 429 262 429 577 691 Total 829 1,406 686 1,406 1,465 2,092 Kitchen & home care revenue grew by ~98% YoY due to new product launches (particularly OFR), new cus
Slide 16: Fractional Horsepower Motors
Fractional Horsepower Motors INR million Q2-FY25 Q2-FY26 Q1-FY26 Q2-FY26 H1-FY25 H1-FY26 Consumer Durables 612 660 479 660 1,084 1,139 Fans 68 54 74 54 187 128 Others 61 20 62 20 127 82 Total 741 735 614 735 1,398 1,349 Motors of Consumer durables comprise mixer grinders, hand blenders and chimney
Slide 17: Capex Overview
Capex Overview INR million Ghaziabad Baddi Goa Total (H1FY26) Land & Building 0.0 0.0 0.0 0.0 Plant & Machinery 67.9 7.2 7.8 82.9 Electrical Installation 1.2 0.3 0.0 1.5 Tools, Dies & Moulds 12.1 23.6 11.8 47.5 Others 7.5 4.5 0.3 12.1 Total 88.7 35.6 20.0 144.2 Capex in H1FY26 was INR 144 million,
Slide 18: Agenda
Agenda S No Description 1 Company Overview 2 Q2 FY26 & H1 FY26 Financial Performance & Business Discussion 3 Guidance & Future Outlook
Slide 19: FY26 Guidance & Outlook
FY26 Guidance & Outlook Description Remarks • We started off the year with a revenue guidance of 15% or INR 1,350cr • As on completion of H1FY26, we are at INR 670cr which is ~50% of guidance Revenue • However, the guidance did include some revenue from exports to USA which is at risk given the unce
Slide 20: Future Growth Drivers
Future Growth Drivers Make in India thrust Government Policy BIS norms & Regulations PLI benefits Higher disposable & Cost leadership achieved discretionary income Favourable Cost Leadership & through economies of Rising urbanization levels Demographics Scale scale, focus on R&D and auto
Slide 21: Thank You
Zlin Thank You