ONIDA · Onida Electronics Ltd · Audio & Video Equipment
ONIDA · Onida Electronics Ltd · Audio & Video Equipment
As of 05 Nov close
52-week range
45.5% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹182 Cr
Revenue YoY
PAT YoY
-13.5%
Operating margin
Revenue, last 6 quarters
P/E (TTM)
P/B
5.1
P/S (TTM)
1.7
Sector P/E
33.8
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| ONIDA (this stock) | Not meaningful (earnings negative over the last 12 months) | 5.1 | -10.9% | -32.1% | 0.33 | 0.0% |
| Dixon Technologies (India) | 57.8 | 17.5 | Not available from data source | Not available from data source | Not available from data source | Not available from data source |
| Purple Wave Infocom | 28 | 6.5 | Not available from data source | Not available from data source | Not available from data source | Not available from data source |
| Videocon Industries | Not available from data source | Not available from data source | Not available from data source | Not available from data source | Not available from data source | Not available from data source |
Promoter
stable
FII
stable
MF
Not available from data source
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
| date | canonicalSymbol | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| 2026-09-17 | ONIDA | 0 | 0 | STRONG | BULK |
News timeline
- loweconomictimes.indiatimes.com· 18 Sept 2026, 06:00 amStocks in news: Tata Group, Wipro, BEL, HAL, Petronet LNG and Bharat Forge
Concalls & investor presentations
AI-generatedKey takeaway: Onida Electronics Limited held its Q1 FY27 Earnings Conference Call on August 10, 2026, where management provided an overview of the company's performance and strategic direction. Management reported a 35.8% year-on-year growth in branded business, driven by strong sales in LED TVs and air conditioners, while washing machines saw a slight decline. Revenue from operations reached Rs. 182.4 crores, a 29.5% increase from the previous year. The gross margin improved to 17.3%, attributed to a favorable sales mix. Despite these gains, the company reported a loss of Rs. 14.2 crores, which was higher than the previous year's loss. Management emphasized a focus on affordable premiumization and innovation-led product development, aiming to strengthen market presence and capitalize on growth opportunities in India's consumer durables market. The call concluded with management expressing commitment to improving operational performance and profitability.
The document presented both positive growth metrics and ongoing challenges related to profitability.
Sourced from an exchange-filed transcript, dated 14 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedOnida Electronics Limited (ONIDA) reported a net loss of ₹1,246.79 lakhs for FY2022-23, with basic earnings per share at ₹-0.54. The company faces significant contingent liabilities, including income tax demands, excise duty, service tax, VAT, and custom duty disputes, with appeals pending. Additionally, a ₹1,720 lakh GST audit deposit was made, with ₹144 lakh pre-deposited. The company has no defaults in loan repayments or interest, and no regulatory actions were noted beyond minor fines for delayed disclosures. The auditor highlighted revenue recognition and inventory valuation as key audit matters.
- Net loss of ₹1,246.79 lakhs in FY2022-23 with EPS of ₹-0.54.
- Contingent liabilities include pending tax disputes (income tax, excise duty, service tax, VAT, custom duty) and GST audit deposits.
- No defaults in loan repayments or interest, and no wilful defaulter status.
- Minor regulatory fines for delayed disclosures to stock exchanges (₹25,000 each to NSE and BSE).
- Key audit matters: revenue recognition and inventory valuation adjustments.
Key takeaway: ONIDA reported a net loss and faces unresolved tax disputes and contingent liabilities, though no immediate defaults or regulatory penalties beyond minor fines.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (1 item); Regulatory Action (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
1 occurrenceRecent (last 12 months)
The auditor expresses a modified opinion on the adequacy and operating effectiveness of the Company’s internal financial controls with reference to Financial Statements.
Regulatory Action
1 occurrenceEarlier (1-3 years ago)
The company was fined 25,000 by NSE and BSE each for delayed submission of related party disclosures for the half year ended March 2022 under Regulation 23(9) of the SEBI (LODR) Regulations, 2015.
Routine disclosures
Internal Control Weakness
1 occurrenceRecent (last 12 months)
The auditor identified material weaknesses in MIRC ELECTRONICS LIMITED's internal financial controls related to its B2G business, specifically in confirmation, reconciliation, monitoring of balances, and documentation of significant contracts.
Contingent Liability
2 occurrencesRecent (last 12 months)
The company has contingent liabilities including guarantees given by Bank against Performance and Customs amounting to Rs.434.01 lakhs as of 31st March 2026, and income tax, excise duty, service tax, VAT, and custom duty demands with appeals filed.
Earlier (1-3 years ago)
MIRC Electronics Limited has a contingent liability related to a GST audit for FY 2017-2018 to FY 2021-2022, with a deposition letter of ₹1,720 lakhs (including interest of ₹697 lakhs) raised by GST authorities. The company has paid a pre-deposit of ₹173 lakhs.
Statutory dues in dispute
1 occurrenceRecent (last 12 months)
The company has statutory dues that have not been deposited as of 31st March 2026 due to disputes, with amounts listed in lakhs.
Management & Board Governance
2 occurrencesRecent (last 12 months)
Mr. Gulu Mirchandani, the Chairman & Managing Director of the company, resigned effective May 20, 2025.
Earlier (1-3 years ago)
Mr. Lokesh Sikka, a Non-Promoter Whole-Time Director, resigned from the directorship of MIRC Electronics Limited effective April 03, 2023. Mr. Rafique Malik, an Independent & Non-Executive Director, also resigned from the directorship effective November 02, 2023.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
13.38% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).