Onida Electronics Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN L32300MH1981PLC023637 Incorporated 01 January 1981 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: MIRCELECTR · BSE: 500279 Public Limited Company consumer electronics and durables
Data last updated
Revenue · FY 2024
₹968.04 Cr
▼ 12.81% YoY
Computed EBITDA · FY 2024
-₹39.18 Cr
▼ 624.5% YoY
Net profit · FY 2024
-₹62.21 Cr
▼ 398.88% YoY
Authorised capital
₹67.9 Cr
Registered with MCA
Paid-up capital
₹36.94 Cr
Issued & subscribed
Open charges
₹836.91 Cr
Satisfied ₹1,101.42 Cr
Company age
45 yrs
Est. 1981
Employees · EPFO
397
Latest available

About Onida Electronics Limited

Data last updated: 15 July 2026

Onida Electronics Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in electronics manufacturing, a part of the broader consumer electronics and durables sector. Incorporated on 01 January 1981, the company has been in operation for over 45 years.

Registered with ROC Mumbai under CIN L32300MH1981PLC023637. Listed on BSE: 500279 and NSE: MIRCELECTR.

Capital: an authorised share capital of ₹67.9 Cr and a paid-up capital of ₹36.94 Cr. Formerly known as Mirc Electronics Private Limited and Onida Electronics Limited. It is led by directors including Mohita Arora and Shirish Mohanbhai Suvagia.

Last AGM: 18 August 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.

As per NSE-filed standalone financials for FY 2024, the company reported a revenue of ₹968.04 Cr, a decline of 12.81% compared to the previous year. The net worth stands at ₹128.44 Cr (down 32.7% YoY). Total assets are valued at ₹569.85 Cr (up 7.66% YoY).

The company has a workforce of approximately 397 employees as per the latest available data.

The company is associated with 1 brand - Onida. As per MCA filings, the company has open charges of ₹836.91 Cr and satisfied charges of ₹1,101.42 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website onida.com.

Company Details of Onida Electronics Limited
CIN L32300MH1981PLC023637
Registration Number 023637
Incorporation Date 01 January 1981
ROC Mumbai
Listing Status Listed (BSE: 500279, NSE: MIRCELECTR)
Company Status Active
Date of Last AGM 18 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    Onida House G – 1 Midc, Mahakali Caves Road Andheri (East), Mumbai, Maharashtra, India – 400093
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Onida Electronics Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Onida Electronics Limited

Onida Electronics Limited has undergone 2 name changes throughout its history. The company was previously known as Mirc Electronics Private Limited, and Onida Electronics Limited. The current legal name is Onida Electronics Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Onida Electronics Limited Current
Mirc Electronics Private Limited Previous

Associated Brands with Onida Electronics Limited

Onida Electronics Limited operates one associated brand: Onida. These brands represent Onida Electronics Limited's diversified market presence and brand portfolio.

Brand Description Website
Consumer electronics including appliances and TVs are manufactured by Onida. onida.com

Business Activity of Onida Electronics Limited

Onida Electronics Limited is engaged in the principal business activity of manufacturing, with detailed activities including computer, electronic, communication and scientific measuring & control equipment.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C9 Computer, electronic, Communication and scientific measuring & control equipment Locked
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Auditor Details of Onida Electronics Limited

Onida Electronics Limited is audited by ASA & Associates LLP for the financial year 2025. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
ASA & Associates LLP Locked Locked Locked
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Complete auditor history for Onida Electronics Limited

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Board of Directors of Onida Electronics Limited

Onida Electronics Limited is currently managed by 9 directors, with 23 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Mohita Arora Director 26 Jun 2020 6 Years 1 Months Current
Shirish Mohanbhai Suvagia Whole-Time Director 04 Apr 2023 3 Years 4 Months Current
Vijay Jaikrishin Mansukhani Managing Director 01 Jan 1981 45 Years 7 Months Current
Kaval Gulu Mirchandani Managing Director 26 May 2016 10 Years 2 Months Current
Arvind Rajkishore Sharma Director 14 Nov 2016 9 Years 9 Months Current
Sasha Gulu Mirchandani Director 20 May 2025 1 Years 3 Months Current
Showing 6 of 9 current directors. View all directors

Financials of Onida Electronics Limited FY 2024 filings available

Onida Electronics Limited reported revenue of ₹968.04 Cr (down 12.81% YoY) for FY 2024.

Revenue · FY 2024
₹968.04 Cr ▼ 12.81%
Profit · FY 2024
-₹62.21 Cr ▼ 398.88%
Computed EBITDA · FY 2024
-₹39.18 Cr ▼ 624.5%
Revenue₹ Cr · Standalone05001,0001,500FY 2020: ₹604 Cr604FY 2020FY 2021: ₹766 Cr · +26.7% YoY766+26.7%FY 2021FY 2022: ₹1,192 Cr · +55.7% YoY1,192+55.7%FY 2022FY 2023: ₹1,110 Cr · -6.9% YoY1,110-6.9%FY 2023FY 2024: ₹968 Cr · -12.8% YoY968-12.8%FY 2024
Net Profit₹ Cr · Standalone-75-50-25025FY 2020: ₹11 Cr (loss)-11.5FY 2020FY 2021: ₹2 Cr · +116.4% YoY1.9+116.4%FY 2021FY 2022: ₹20 Cr (loss) · -1167.6% YoY-20.1FY 2022FY 2023: ₹12 Cr (loss) · +37.9% YoY-12.5FY 2023FY 2024: ₹62 Cr (loss) · -398.9% YoY-62.2FY 2024
Quarterly Revenue₹ Cr · vs same quarter last year0100200300Q4'23: ₹225 Cr · -8.7% YoY225-8.7%Q4'23Q1'24: ₹183 Cr · -46.8% YoY183-46.8%Q1'24Q2'24: ₹193 Cr · -28.1% YoY193-28.1%Q2'24Q3'24: ₹295 Cr · +8.5% YoY295+8.5%Q3'24Q4'24: ₹297 Cr · +31.9% YoY297+31.9%Q4'24Q1'25: ₹228 Cr · +24.2% YoY228+24.2%Q1'25Q2'25: ₹151 Cr · -21.7% YoY151-21.7%Q2'25Q3'25: ₹167 Cr · -43.4% YoY167-43.4%Q3'25
Metrics FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹968.04 Cr ₹1,110.22 Cr ₹1,192.17 Cr ₹765.84 Cr ₹604.31 Cr
Other Income ₹6.49 Cr ₹2.44 Cr ₹5.33 Cr ₹2.19 Cr ₹2.55 Cr
Total Income ₹974.53 Cr ₹1,112.66 Cr ₹1,197.5 Cr ₹768.03 Cr ₹606.86 Cr
Cost of Materials Consumed ₹462.19 Cr ₹646.13 Cr ₹863.25 Cr ₹460.46 Cr ₹219.72 Cr
Purchases of Stock-in-Trade ₹454.88 Cr ₹242.03 Cr ₹199.13 Cr ₹122.68 Cr ₹311.6 Cr
Changes in Inventories -₹32.48 Cr ₹71.51 Cr -₹18.8 Cr ₹57.47 Cr -₹73.86 Cr
Employee Benefit Expense ₹61.92 Cr ₹66.04 Cr ₹60.68 Cr ₹51.09 Cr ₹60.77 Cr
Finance Costs ₹15.05 Cr ₹10.9 Cr ₹14.08 Cr ₹14.94 Cr ₹11.98 Cr
Depreciation & Amortisation ₹7.98 Cr ₹9.04 Cr ₹7.77 Cr ₹6.69 Cr ₹6.61 Cr
Other Expenses ₹67.2 Cr ₹79.48 Cr ₹74.34 Cr ₹60.66 Cr ₹81.5 Cr
Total Expenses ₹1,036.74 Cr ₹1,125.13 Cr ₹1,200.45 Cr ₹773.99 Cr ₹618.32 Cr
Profit Before Exceptional Items & Tax -₹62.21 Cr -₹12.47 Cr -₹2.95 Cr -₹5.96 Cr -₹11.46 Cr
Exceptional Items ₹0 ₹0 -₹17.12 Cr ₹7.84 Cr ₹0
Profit Before Tax -₹62.21 Cr -₹12.47 Cr -₹20.07 Cr ₹1.88 Cr -₹11.46 Cr
Total Tax Expense ₹0 ₹0 ₹0 ₹0 ₹0
Net Profit -₹62.21 Cr -₹12.47 Cr -₹20.07 Cr ₹1.88 Cr -₹11.46 Cr
  attributable to Owners - - ₹0 - ₹0
  attributable to NCI - - ₹0 - ₹0
Other Comprehensive Income -₹19 Lakh ₹7 Lakh -₹19 Lakh -₹30 Lakh -₹18 Lakh
Total Comprehensive Income -₹62.4 Cr -₹12.4 Cr -₹20.26 Cr ₹1.58 Cr -₹11.64 Cr
EBITDA (computed) -₹39.18 Cr ₹7.47 Cr ₹18.9 Cr ₹15.67 Cr ₹7.13 Cr
Basic EPS ₹-2.69 ₹-0.54 ₹-0.87 ₹0.08 ₹-0.50
Diluted EPS ₹-2.69 ₹-0.54 ₹-0.87 ₹0.08 ₹-0.50
Metrics FY 2024 FY 2023
Total Assets ₹569.85 Cr ₹529.32 Cr
Non-current Assets ₹129.57 Cr ₹139.01 Cr
Current Assets ₹440.28 Cr ₹390.31 Cr
Property, Plant & Equipment ₹77.92 Cr ₹86.77 Cr
Inventories ₹237.5 Cr ₹272.59 Cr
Trade Receivables ₹161.99 Cr ₹89.57 Cr
Cash & Equivalents ₹5.11 Cr ₹3.87 Cr
Equity (Net Worth) ₹128.44 Cr ₹190.84 Cr
Equity Share Capital ₹23.11 Cr ₹23.11 Cr
Borrowings (Non-current) ₹15.57 Cr ₹11.66 Cr
Borrowings (Current) ₹87.15 Cr ₹67.7 Cr
Total Debt (computed) ₹102.72 Cr ₹79.36 Cr
Current Liabilities ₹417.94 Cr ₹318.11 Cr
Total Liabilities ₹441.41 Cr ₹338.48 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2024 FY 2023 FY 2022
Operating Cash Flow -₹4.55 Cr -₹8.76 Cr ₹24.48 Cr
Investing Cash Flow -₹2.21 Cr ₹7.5 Cr ₹3.12 Cr
Financing Cash Flow ₹8 Cr -₹51 Lakh -₹30.09 Cr
Capital Expenditure ₹2.42 Cr ₹48 Lakh ₹8.98 Cr
Free Cash Flow (computed) -₹6.97 Cr -₹9.24 Cr ₹15.5 Cr
Dividends Paid ₹0 ₹0 ₹0
Net Change in Cash ₹1.24 Cr -₹1.77 Cr -₹2.49 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24 Q4 FY23 Q3 FY23 Q2 FY23 Q1 FY23 Q4 FY22
Revenue from Operations ₹166.81 Cr ₹151.37 Cr ₹227.79 Cr ₹296.83 Cr ₹294.51 Cr ₹193.23 Cr ₹183.47 Cr ₹224.98 Cr ₹271.47 Cr ₹268.58 Cr ₹345.19 Cr ₹246.37 Cr
Other Income ₹2.58 Cr ₹1.24 Cr ₹3.06 Cr ₹68 Lakh ₹51 Lakh ₹2.81 Cr ₹2.49 Cr ₹17 Lakh ₹1.45 Cr ₹26 Lakh ₹56 Lakh ₹35 Lakh
Total Income ₹169.39 Cr ₹152.61 Cr ₹230.85 Cr ₹297.51 Cr ₹295.02 Cr ₹196.04 Cr ₹185.96 Cr ₹225.15 Cr ₹272.92 Cr ₹268.84 Cr ₹345.75 Cr ₹246.72 Cr
Cost of Materials Consumed ₹53.92 Cr ₹67.83 Cr ₹38.86 Cr ₹96.62 Cr ₹178.59 Cr ₹102.97 Cr ₹84.01 Cr ₹75.33 Cr ₹185.19 Cr ₹155.26 Cr ₹230.35 Cr ₹90.78 Cr
Purchases of Stock-in-Trade ₹94.97 Cr ₹34.47 Cr ₹87.74 Cr ₹182.65 Cr ₹129.14 Cr ₹79.41 Cr ₹63.68 Cr ₹94.35 Cr ₹55.96 Cr ₹18.02 Cr ₹73.7 Cr ₹56.98 Cr
Changes in Inventories -₹17.34 Cr ₹12.59 Cr ₹62.32 Cr ₹30 Cr -₹52.69 Cr -₹18.58 Cr ₹8.79 Cr ₹23.08 Cr -₹6.56 Cr ₹55.51 Cr -₹52 Lakh ₹60.94 Cr
Employee Benefit Expense ₹15.93 Cr ₹15.28 Cr ₹14.7 Cr ₹14.04 Cr ₹16.23 Cr ₹16.12 Cr ₹15.53 Cr ₹14.66 Cr ₹18.19 Cr ₹16.71 Cr ₹16.48 Cr ₹14.97 Cr
Finance Costs ₹4.48 Cr ₹3.88 Cr ₹3.29 Cr ₹3.93 Cr ₹3.76 Cr ₹4.05 Cr ₹3.31 Cr ₹4.19 Cr ₹2.25 Cr ₹2.65 Cr ₹1.81 Cr ₹2.78 Cr
Depreciation & Amortisation ₹1.58 Cr ₹1.67 Cr ₹1.81 Cr ₹1.86 Cr ₹1.91 Cr ₹2.04 Cr ₹2.17 Cr ₹2.91 Cr ₹2.02 Cr ₹2.07 Cr ₹2.04 Cr ₹1.98 Cr
Other Expenses ₹21.12 Cr ₹15.54 Cr ₹19.46 Cr ₹19.52 Cr ₹16.53 Cr ₹16.46 Cr ₹14.69 Cr ₹17.95 Cr ₹18.43 Cr ₹21.64 Cr ₹21.46 Cr ₹22.7 Cr
Total Expenses ₹174.66 Cr ₹151.26 Cr ₹228.18 Cr ₹348.62 Cr ₹293.47 Cr ₹202.47 Cr ₹192.18 Cr ₹232.47 Cr ₹275.48 Cr ₹271.86 Cr ₹345.32 Cr ₹251.13 Cr
Profit Before Exceptional Items & Tax -₹5.27 Cr ₹1.35 Cr ₹2.67 Cr -₹51.11 Cr ₹1.55 Cr -₹6.43 Cr -₹6.22 Cr -₹7.32 Cr -₹2.56 Cr -₹3.02 Cr ₹43 Lakh -₹4.41 Cr
Exceptional Items ₹0 ₹0 -₹2.23 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 -₹17.12 Cr
Profit Before Tax -₹5.27 Cr ₹1.35 Cr ₹44 Lakh -₹51.11 Cr ₹1.55 Cr -₹6.43 Cr -₹6.22 Cr -₹7.32 Cr -₹2.56 Cr -₹3.02 Cr ₹43 Lakh -₹21.53 Cr
Total Tax Expense ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Net Profit -₹5.27 Cr ₹1.35 Cr ₹44 Lakh -₹51.11 Cr ₹1.55 Cr -₹6.43 Cr -₹6.22 Cr -₹7.32 Cr -₹2.56 Cr -₹3.02 Cr ₹43 Lakh -₹21.53 Cr
  attributable to Owners - - - - - - - - - - - ₹0
  attributable to NCI - - - - - - - - - - - ₹0
Other Comprehensive Income -₹5 Lakh -₹5 Lakh -₹5 Lakh -₹24 Lakh ₹2 Lakh ₹1 Lakh ₹2 Lakh ₹21 Lakh -₹5 Lakh -₹4 Lakh -₹5 Lakh ₹3 Lakh
Total Comprehensive Income -₹5.32 Cr ₹1.3 Cr ₹39 Lakh -₹51.35 Cr ₹1.57 Cr -₹6.42 Cr -₹6.2 Cr -₹7.11 Cr -₹2.61 Cr -₹3.06 Cr ₹38 Lakh -₹21.5 Cr
EBITDA (computed) ₹79 Lakh ₹6.9 Cr ₹7.77 Cr -₹45.32 Cr ₹7.22 Cr -₹34 Lakh -₹74 Lakh -₹22 Lakh ₹1.71 Cr ₹1.7 Cr ₹4.28 Cr ₹35 Lakh
Basic EPS ₹-0.23 ₹0.06 ₹0.02 ₹-2.21 ₹0.07 ₹-0.28 ₹-0.27 ₹-0.32 ₹-0.11 ₹-0.13 ₹0.02 ₹-0.93
Diluted EPS ₹-0.23 ₹0.06 ₹0.02 ₹-2.21 ₹0.07 ₹-0.28 ₹-0.27 ₹-0.32 ₹-0.11 ₹-0.13 ₹0.02 ₹-0.93
Latest 12 quarters shown of 19 on record.
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Ownership and Shareholding of Onida Electronics Limited

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Charges & Borrowings of Onida Electronics Limited

Open charges
₹836.91 Cr
Satisfied charges
₹1,101.42 Cr
Breakdown by lending institutions
State Bank of India₹632.20 Cr
Axis Bank Limited₹120.00 Cr
Others₹60.00 Cr
The Industrial Credit & Investment Corporation of India Ltd.₹11.85 Cr
Canara Bank₹9.20 Cr
Others₹3.66 Cr
Latest charge details
DateLenderAmountStatus
07 Jul 2025 Others ₹60 Cr Open
23 Aug 2021 Canara Bank ₹9.2 Cr Open
09 Aug 2021 Idbi Bank Limited ₹1.12 Cr Open
03 Aug 2021 State Bank of India ₹6.7 Cr Open
20 Nov 2018 State Bank of India ₹115 Cr Open

Total charge records: 49 View all charges

Employees and EPFO Compliance at Onida Electronics Limited

Onida Electronics Limited has a workforce of 397 employees as of Feb 09, 2026.

Employee count
397
Active EPFO establishments
1
Employee growth
-23.36%
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Employee and EPFO history for Onida Electronics Limited

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GST Compliance of Onida Electronics Limited

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GST registrations and filing compliance for Onida Electronics Limited

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Credit Ratings, Litigation & Regulatory Alerts for Onida Electronics Limited

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Credit ratings, litigation, and regulatory alerts for Onida Electronics Limited

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MSME Payment Delays by Onida Electronics Limited

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MSME payment history for Onida Electronics Limited

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Subsidiaries & Group Companies of Onida Electronics Limited

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MCA Filings & Documents of Onida Electronics Limited

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Recent Activity on Onida Electronics Limited

Directors
07 Jul 2026
Manish Khodidas Desai was appointed as a Cfo on 07 Jul 2026 & has been associated with this company since 1 month 13 days.
Directors
04 Jul 2026
Manish Khodidas Desai was appointed as a Additional Director on 04 Jul 2026 & has been associated with this company since 1 month 16 days.
Directors
19 Feb 2026
Gunjan Kumar Srivastava was appointed as a Ceo on 19 Feb 2026 & has been associated with this company since 6 months 1 day.
Charges
15 Sep 2025
A charge registered on 13 Aug 2018 via Charge ID 100206183 with Others was fully satisfied on 15 Sep 2025.
Activity
18 Aug 2025
Onida Electronics Limited last Annual general meeting of members was held on 18 Aug 2025 as per latest MCA records.
Charges
30 Jul 2025
A charge with Others of Rs. 23.33 Cr registered on 13 Aug 2018 with Charge ID 100206183 was modified on 30 Jul 2025.

Frequently Asked Questions about Onida Electronics Limited

Onida Electronics Limited is an active public limited company in the consumer electronics and durables sector based in Mumbai, Maharashtra, India. It was incorporated on 01 January 1981 (45+ years old) and is registered under CIN L32300MH1981PLC023637. Listed on BSE: 500279 and NSE: MIRCELECTR. The company has 397 employees.

Onida Electronics Limited reported revenue of ₹968.04 Cr for FY 2024 (down 12.81% YoY) based on standalone NSE filings.

The current directors of Onida Electronics Limited are:

The primary industry of Onida Electronics Limited is consumer electronics and durables. The company specifically operates in electronics manufacturing. The company is currently active in this sector.

Yes. Onida Electronics Limited is listed on both BSE (code: 500279) and NSE (symbol: MIRCELECTR).

Onida Electronics Limited can be reached at the registered office: Onida House G – 1 Midc, Mahakali Caves Road Andheri East, Mumbai, Maharashtra, India – 400093, or through the website onida.com.

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