About Onida Electronics Limited
Data last updated:
Onida Electronics Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 01 January 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L32300MH1981PLC023637. Its GSTIN is 27AAACM8055A1ZR (Maharashtra). The company holds 32 GST registrations, of which 23 are active. Its shares are listed on BSE: 500279 and NSE: MIRCELECTR.
The company has an authorised share capital of ₹67.9 Cr and a paid-up capital of ₹36.94 Cr. It was formerly known as Mirc Electronics Private Limited. It is led by directors including Vijay Jaikrishin Mansukhani (Managing Director) and Kaval Gulu Mirchandani (Managing Director).
Its last annual general meeting (AGM) was held on 18 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹660.01 Cr, a decline of 11.6% compared to the previous year. For the same year it recorded a net loss of ₹62.56 Cr (net margin -9.5%) and EBITDA of -₹62.68 Cr (EBITDA margin -9.5%). The net worth stands at ₹237.78 Cr (up 89.1% YoY). Total assets are valued at ₹323.76 Cr (up 36.8% YoY).
The company has about 397 employees on its provident fund (EPFO) records.
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. Court records list 1,137 cases involving the company, including 855 filed by the company and 282 filed against it; 346 cases are pending.
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
Name history
Onida Electronics 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.
| Company Name | Status |
|---|---|
| Onida Electronics Limited | Current |
| Mirc Electronics Private Limited | Previous |
Contact details
Onida Electronics Limited's registered office is in Mumbai, Maharashtra. Its website is onida.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOnida House G – 1 MIDC, Mahakali Caves Road Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Onida Electronics Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Onida Electronics is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Onida Electronics Limited, buy the company report.
Financials of Onida Electronics Limited
FY 2025-26 filings availableOnida Electronics Limited reported revenue of ₹660.01 Cr (down 11.6% YoY) for FY 2025-26.
Financial Highlights
FY 2015-16 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 | FY 2011-12 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 772 | 1,074 | 1,303 | 1,316 | 1,674 |
| Revenue growth | -28.1% | -17.6% | -1.0% | -21.4% | - |
| EBITDA | (2.88) | 36.85 | (9.86) | 4.45 | 15.00 |
| EBITDA margin | -0.4% | +3.4% | -0.8% | +0.3% | +0.9% |
| Profit before tax | (23.13) | (1.93) | (62.13) | (49.42) | (41.36) |
| Net profit | (38.13) | (11.50) | (62.87) | (31.21) | (33.76) |
| Net profit margin | -4.9% | -1.1% | -4.8% | -2.4% | -2.0% |
| EPS (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Balance sheet | |||||
| Total assets | 341 | 370 | 403 | 483 | 383 |
| Net worth | 138 | 151 | 129 | 191 | 222 |
| Total debt | 200 | 217 | 274 | 292 | 159 |
| Cash & bank | 18.45 | 18.81 | 27.99 | 33.47 | 30.52 |
| Net working capital | 174 | 195 | 198 | 268 | 182 |
| Cash flow | |||||
| Cash from operations | 20.27 | 42.77 | 56.24 | 24.83 | 26.98 |
| Cash from investing | 20.52 | 8.39 | (2.52) | (13.60) | (4.57) |
| Cash from financing | (41.22) | (58.29) | (57.62) | (10.49) | (48.93) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 660 | 747 | 968 | 1,110 | 1,192 | 766 | 604 |
| Revenue growth | -11.6% | -22.9% | -12.8% | -6.9% | +55.7% | +26.7% | - |
| EBITDA | (62.68) | 8.14 | (45.66) | 5.04 | (3.54) | 13.50 | 4.58 |
| EBITDA margin | -9.5% | +1.1% | -4.7% | +0.5% | -0.3% | +1.8% | +0.8% |
| Profit before tax | (74.74) | (2.30) | (62.20) | (12.46) | (20.06) | 1.89 | (11.46) |
| Net profit | (62.56) | (2.30) | (65.33) | (13.32) | (6.70) | (5.98) | (11.48) |
| Net profit margin | -9.5% | -0.3% | -6.8% | -1.2% | -0.6% | -0.8% | -1.9% |
| EPS (₹) | (2.02) | (0.10) | (2.69) | (0.54) | (0.87) | 0.08 | (0.50) |
| Balance sheet | |||||||
| Total assets | 324 | 237 | 240 | 280 | 279 | 319 | 307 |
| Net worth | 238 | 126 | 128 | 191 | 203 | 224 | 222 |
| Total debt | 77.62 | 102 | 104 | 81.74 | 68.33 | 85.35 | 79.60 |
| Cash & bank | 37.27 | 23.21 | 15.24 | 10.60 | 17.78 | 28.91 | 6.14 |
| Net working capital | 181 | 124 | 106 | 138 | 147 | 196 | 159 |
| Cash flow | |||||||
| Cash from operations | (107) | 22.97 | (4.54) | (8.76) | 24.48 | 15.30 | (4.21) |
| Cash from investing | (26.19) | (7.75) | (2.21) | 7.50 | 3.32 | (0.88) | 0.00 |
| Cash from financing | 142 | (16.00) | 8.00 | (0.52) | (30.30) | (7.19) | (2.02) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 182 | 144 | 212 | 163 | 141 | 201 | 167 | 151 |
| Revenue growth (YoY) | +29.5% | -28.4% | +27.1% | +7.9% | -38.2% | - | - | - |
| Other income | 2.41 | 4.90 | 3.45 | 22.39 | 0.64 | 6.08 | 2.58 | 1.24 |
| Total expenses | 194 | 191 | 223 | 181 | 149 | 201 | 169 | 146 |
| EBITDA | (11.43) | (47.07) | (10.83) | (17.30) | (8.04) | (0.44) | (1.79) | 5.66 |
| EBITDA margin | -6.3% | -32.7% | -5.1% | -10.6% | -5.7% | -0.2% | -1.1% | +3.7% |
| Depreciation | 1.70 | 1.70 | 1.53 | 1.64 | 1.62 | 1.51 | 1.58 | 1.67 |
| Interest | 3.46 | 3.49 | 4.20 | 5.23 | 3.47 | 2.95 | 4.48 | 3.88 |
| Profit before tax | (14.18) | (47.36) | (13.11) | (1.78) | (12.49) | 1.18 | (5.27) | 1.35 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 | FY 2011-12 |
|---|---|---|---|---|---|
| Revenue | 772 | 1,074 | 1,303 | 1,316 | 1,674 |
| Revenue growth | -28.1% | -17.6% | -1.0% | -21.4% | - |
| Other income | 21.81 | 10.45 | 1.99 | 2.32 | 2.85 |
| Total expenses | 775 | 1,037 | 1,313 | 1,312 | 1,659 |
| Employee cost | 71.12 | 76.73 | 85.40 | 80.90 | 96.24 |
| EBITDA | (2.88) | 36.85 | (9.86) | 4.45 | 15.00 |
| EBITDA margin | -0.4% | +3.4% | -0.8% | +0.3% | +0.9% |
| Depreciation | 12.46 | 15.33 | 15.83 | 17.28 | 23.03 |
| Interest | 29.60 | 33.90 | 38.43 | 38.91 | 36.18 |
| Profit before tax | (23.13) | (1.93) | (62.13) | (49.42) | (41.36) |
| Tax | (3.68) | 2.64 | 0.00 | (18.24) | (2.64) |
| Net profit | (38.13) | (11.50) | (62.87) | (31.21) | (33.76) |
| Net profit margin | -4.9% | -1.1% | -4.8% | -2.4% | -2.0% |
| EPS (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 | FY 2011-12 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 19.64 | 19.64 | 14.19 | 14.19 | 14.19 |
| Reserves & surplus | 112 | 132 | 115 | 177 | 208 |
| Shareholders' funds (net worth) | 138 | 151 | 129 | 191 | 222 |
| Minority interest | 0.00 | 0.01 | 0.02 | 0.02 | 0.02 |
| Secured loans | 199 | 217 | 242 | 292 | 97.65 |
| Unsecured loans | 0.95 | 0.00 | 32.00 | 0.00 | 61.00 |
| Total debt | 200 | 217 | 274 | 292 | 159 |
| Total liabilities | 341 | 370 | 403 | 483 | 383 |
| Assets | |||||
| Gross block | 400 | 434 | 440 | 419 | 416 |
| Net block | 124 | 139 | 166 | 159 | 171 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 14.14 | 2.73 |
| Investments | 0.00 | 0.00 | 0.19 | 0.17 | 0.19 |
| Inventories | 242 | 285 | 238 | 255 | 312 |
| Sundry debtors | 132 | 127 | 128 | 136 | 132 |
| Cash & bank balances | 18.45 | 18.81 | 27.99 | 33.47 | 30.52 |
| Loans & advances | 30.64 | 59.79 | 70.40 | 82.92 | 86.35 |
| Total current assets | 423 | 490 | 465 | 508 | 561 |
| Total current liabilities | 249 | 296 | 267 | 240 | 379 |
| Net working capital | 174 | 195 | 198 | 268 | 182 |
| Total assets | 341 | 370 | 403 | 483 | 383 |
| Particulars | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 | FY 2011-12 |
|---|---|---|---|---|---|
| Opening cash | 18.29 | 25.42 | 29.32 | 28.58 | 53.76 |
| Net cash from operating activities | 20.27 | 42.77 | 56.24 | 24.83 | 26.98 |
| Net cash from investing activities | 20.52 | 8.39 | (2.52) | (13.60) | (4.57) |
| Net cash from financing activities | (41.22) | (58.29) | (57.62) | (10.49) | (48.93) |
| Net change in cash | (0.43) | (7.13) | (3.90) | 0.74 | (26.52) |
| Closing cash | 18.45 | 18.81 | 27.99 | 33.47 | 30.52 |
| Particulars | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 | FY 2011-12 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | -28.1% | -17.6% | -1.0% | -21.4% | - |
| EBITDA growth | -107.8% | +473.7% | -321.6% | -70.3% | - |
| PBT growth | -1098.5% | +96.9% | -25.7% | -19.5% | +9997.0% |
| Net income growth | -231.6% | +81.7% | -101.4% | +7.6% | - |
| Revenue CAGR (3Y) | -16.3% | -13.8% | - | - | - |
| EBITDA CAGR (3Y) | - | +34.9% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | -2.5% | -0.4% | -4.8% | -2.4% | -2.3% |
| Return on capital employed | 0.0% | 0.0% | -5.4% | -2.4% | -0.1% |
| Return on net worth | 0.0% | 0.0% | -38.8% | -15.1% | -14.0% |
| Debt / equity | 1.45 | 1.75 | 1.77 | 1.09 | 0.65 |
| Long-term debt / equity | 0.03 | 0.01 | 0.01 | 0.04 | 0.13 |
| Interest cover | -192.96 | 157.53 | -149.59 | -303.27 | -450.56 |
| Efficiency & per share | |||||
| Fixed asset turnover | 1.96 | 2.58 | 3.21 | 3.33 | 4.08 |
| Inventory turnover | 3.10 | 4.32 | 5.60 | 4.90 | 5.31 |
| Debtors turnover | 6.29 | 8.83 | 10.44 | 10.37 | 11.67 |
| EPS (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 6.71 | 7.70 | 9.08 | 13.46 | 15.64 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 182 | 144 | 212 | 163 | 141 | 201 | 167 | 151 |
| Revenue growth (YoY) | +29.5% | -28.4% | +27.1% | +7.9% | -38.2% | - | - | - |
| Other income | 2.41 | 4.90 | 3.45 | 22.39 | 0.64 | 6.08 | 2.58 | 1.24 |
| Total expenses | 194 | 191 | 223 | 181 | 149 | 201 | 169 | 146 |
| EBITDA | (11.43) | (47.07) | (10.83) | (17.30) | (8.04) | (0.44) | (1.79) | 5.66 |
| EBITDA margin | -6.3% | -32.7% | -5.1% | -10.6% | -5.7% | -0.2% | -1.1% | +3.7% |
| Depreciation | 1.70 | 1.70 | 1.53 | 1.64 | 1.62 | 1.51 | 1.58 | 1.67 |
| Interest | 3.46 | 3.49 | 4.20 | 5.23 | 3.47 | 2.95 | 4.48 | 3.88 |
| Profit before tax | (14.18) | (47.36) | (13.11) | (1.78) | (12.49) | 1.18 | (5.27) | 1.35 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 660 | 747 | 968 | 1,110 | 1,192 | 766 | 604 |
| Revenue growth | -11.6% | -22.9% | -12.8% | -6.9% | +55.7% | +26.7% | - |
| Other income | 10.82 | 10.73 | 6.49 | 2.44 | 5.33 | 10.02 | 2.55 |
| Total expenses | 723 | 739 | 1,014 | 1,105 | 1,196 | 752 | 600 |
| Employee cost | 54.39 | 60.55 | 61.92 | 66.04 | 60.68 | 51.09 | 60.77 |
| EBITDA | (62.68) | 8.14 | (45.66) | 5.04 | (3.54) | 13.50 | 4.58 |
| EBITDA margin | -9.5% | +1.1% | -4.7% | +0.5% | -0.3% | +1.8% | +0.8% |
| Depreciation | 6.49 | 6.57 | 7.98 | 9.04 | 7.77 | 6.69 | 6.61 |
| Interest | 16.39 | 14.60 | 15.05 | 10.90 | 14.08 | 14.94 | 11.98 |
| Profit before tax | (74.74) | (2.30) | (62.20) | (12.46) | (20.06) | 1.89 | (11.46) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (62.56) | (2.30) | (65.33) | (13.32) | (6.70) | (5.98) | (11.48) |
| Net profit margin | -9.5% | -0.3% | -6.8% | -1.2% | -0.6% | -0.8% | -1.9% |
| EPS (₹) | (2.02) | (0.10) | (2.69) | (0.54) | (0.87) | 0.08 | (0.50) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 36.96 | 23.11 | 23.11 | 23.11 | 23.11 | 23.11 | 23.11 |
| Reserves & surplus | 201 | 103 | 105 | 168 | 180 | 200 | 199 |
| Shareholders' funds (net worth) | 238 | 126 | 128 | 191 | 203 | 224 | 222 |
| Secured loans | 73.89 | 82.38 | 94.55 | 79.36 | 78.51 | 85.35 | 79.60 |
| Unsecured loans | 3.73 | 19.35 | 9.36 | 2.38 | (10.18) | 0.00 | 0.00 |
| Total debt | 77.62 | 102 | 104 | 81.74 | 68.33 | 85.35 | 79.60 |
| Total liabilities | 324 | 237 | 240 | 280 | 279 | 319 | 307 |
| Assets | |||||||
| Gross block | 330 | 328 | 351 | 353 | 351 | 338 | 348 |
| Net block | 71.87 | 72.01 | 78.01 | 86.93 | 92.13 | 86.54 | 95.55 |
| Capital work in progress | 0.48 | 0.04 | 0.13 | 0.46 | 0.41 | 5.23 | 0.30 |
| Investments | 44.52 | 1.63 | 1.53 | 1.43 | 1.36 | 1.04 | 4.33 |
| Inventories | 141 | 190 | 238 | 273 | 424 | 354 | 329 |
| Sundry debtors | 137 | 152 | 162 | 89.57 | 102 | 115 | 78.72 |
| Cash & bank balances | 37.27 | 23.21 | 15.24 | 10.60 | 17.78 | 28.91 | 6.14 |
| Loans & advances | 64.78 | 49.89 | 20.79 | 14.50 | 27.48 | 44.40 | 15.09 |
| Total current assets | 381 | 416 | 436 | 387 | 572 | 543 | 429 |
| Total current liabilities | 200 | 291 | 330 | 249 | 425 | 346 | 270 |
| Net working capital | 181 | 124 | 106 | 138 | 147 | 196 | 159 |
| Total assets | 324 | 237 | 240 | 280 | 279 | 319 | 307 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4.34 | 5.11 | 3.87 | 5.64 | 8.13 | 0.90 | 7.13 |
| Net cash from operating activities | (107) | 22.97 | (4.54) | (8.76) | 24.48 | 15.30 | (4.21) |
| Net cash from investing activities | (26.19) | (7.75) | (2.21) | 7.50 | 3.32 | (0.88) | 0.00 |
| Net cash from financing activities | 142 | (16.00) | 8.00 | (0.52) | (30.30) | (7.19) | (2.02) |
| Net change in cash | 9.13 | (0.77) | 1.25 | (1.78) | (2.49) | 7.24 | (6.23) |
| Closing cash | 37.27 | 23.21 | 15.24 | 10.60 | 17.78 | 28.91 | 6.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -11.6% | -22.9% | -12.8% | -6.9% | +55.7% | +26.7% | - |
| EBITDA growth | -870.0% | +117.8% | -1006.0% | +242.4% | -126.2% | +194.8% | - |
| PBT growth | -3149.6% | +96.3% | -399.2% | +37.9% | - | +9998.0% | -161.1% |
| Net income growth | -2620.0% | +96.5% | -390.5% | -98.8% | -12.0% | +47.9% | - |
| Revenue CAGR (3Y) | -15.9% | -14.4% | +8.1% | +22.5% | +22.8% | +1.7% | -6.1% |
| EBITDA CAGR (3Y) | - | - | - | +3.2% | - | -31.7% | -22.4% |
| Profitability & leverage | |||||||
| Net income margin | -11.3% | -0.3% | -6.4% | -1.1% | -1.7% | +0.3% | -1.9% |
| Return on capital employed | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | +2.7% | 0.0% |
| Return on net worth | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -2.5% | 0.0% |
| Debt / equity | 0.49 | 0.81 | 0.58 | 0.38 | 0.36 | 0.37 | 0.33 |
| Long-term debt / equity | 0.15 | 0.12 | 0.17 | 0.17 | 0.08 | 0.05 | 0.07 |
| Interest cover | -23.70 | 929.94 | -28.06 | -272.50 | -124.49 | 219.38 | -590.15 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.01 | 2.20 | 2.75 | 3.15 | 3.46 | 2.23 | 1.73 |
| Inventory turnover | 3.98 | 3.49 | 3.80 | 3.19 | 3.06 | 2.24 | 2.22 |
| Debtors turnover | 4.56 | 4.76 | 7.70 | 11.58 | 10.99 | 7.92 | 6.09 |
| EPS (₹) | (2.02) | (0.10) | (2.69) | (0.54) | (0.87) | 0.08 | (0.50) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 6.43 | 5.44 | 5.56 | 8.26 | 8.79 | 9.67 | 9.60 |
To see the full year-wise statements and ratios of Onida Electronics Limited, buy the company report.
Board of directors of Onida Electronics Limited
Onida Electronics has 9 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohita Arora | Director | 26 Jun 2020 | 6 Years 3 Months | Current |
| Shirish Mohanbhai Suvagia | Whole-Time Director | 04 Apr 2023 | 3 Years 6 Months | Current |
| Vijay Jaikrishin Mansukhani Also directs: Malabar Fund Managers LLP, Adino Tele Services Limited, Adino Research Foundation and 1 more | Managing Director | 01 Jan 1981 | 45 Years 9 Months | Current |
| Kaval Gulu Mirchandani Also directs: MSL Driveline Systems Limited, Iwai Electronics Pvt Ltd, Gulita Wealth Advisors Private Limited and 2 more | Managing Director | 26 May 2016 | 10 Years 4 Months | Current |
| Arvind Rajkishore Sharma Also directs: Ivalley Iretail LLP, Good Brands for A Healthy Life Private Limited, Cheetahsoft Technologies Private Limited and 1 more | Director | 14 Nov 2016 | 9 Years 11 Months | Current |
| Sasha Gulu Mirchandani Also directs: Kavya Advisory Services LLP, Startup Diaries LLP, Kine Advisory Services LLP and 5 more | Director | 20 May 2025 | 1 Years 5 Months | Current |
Auditor
Onida Electronics Limited is audited by ASA & Associates LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASA & Associates LLP | FY 2025 | 009571N/N500006 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 40.50%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 59.40%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 40.50% | 40.50% | 40.50% | 53.40% |
| Public | 59.50% | 59.50% | 59.50% | 46.60% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jul 2025 | 101209988 | Others | ₹60 Cr | Open | |
| 23 Aug 2021 | 100492753 | Canara Bank | ₹9.2 Cr | Open | |
| 09 Aug 2021 | 100491110 | Idbi Bank Limited | ₹1.12 Cr | Open | |
| 03 Aug 2021 | 100473057 | State Bank of India | ₹6.7 Cr | Open | |
| 20 Nov 2018 | 100222666 | State Bank of India | ₹115 Cr | Open |
To see the full charge records of Onida Electronics Limited, buy the company report.
Total charge records: 49 View all charges
Legal cases
Onida Electronics Limited has 1,137 court cases on record: 855 filed by Onida Electronics, 282 filed against it. 346 cases are pending and 791 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 867 | 161 | 309 |
| High courts | 261 | 117 | 35 |
| Supreme Court | 9 | 4 | 2 |
Cases on record (5 of 1,137)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against R R Enterprises | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Smart Solutions | Pending |
| Supreme Court | Appeal | Filed by the company against (Ns-V) and 1 other | Pending |
| High Court, TELANGANA | Revision petition | Filed against the company by Next Education India Private Limited | Pending |
| High Court, Kerala | Appeal | Filed against the company by Saj Flight Services Pvt.Ltd. | Pending |
To see the full case history of Onida Electronics Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Onida Electronics Limited was last rated by Care on 04 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 04 Mar 2022 |
To see the full credit ratings and regulatory alerts of Onida Electronics Limited, buy the company report.
MSME payment delays
Onida Electronics Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 1,418 overdue payments to 78 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 78)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Industrial Enginnering and Services | |||
| Krishna Corrugators Private Limited | |||
| an individual supplier | |||
| Parkar Communications Private Limited | |||
| Majha Transport LLP |
To see the full MSME payment records of Onida Electronics Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Onida Electronics Limited has a workforce of 397 employees on its EPFO records as of Feb 09, 2026, across 1 active EPFO establishment.
GST
Onida Electronics has 32 GST registrations: 23 active and 9 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM8055A1ZR | Maharashtra | Active | 01 Jul 2017 |
| 27AAACM8055A2ZQ | Maharashtra | Active | 01 Feb 2025 |
| 04AAACM8055A1ZZ | Chandigarh | Active | 01 Jul 2017 |
| 05AAACM8055A1ZX | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Onida Electronics Limited, buy the company report.
Recent activity
Onida Electronics Limited has 42 board changes on record since 1981: 26 appointments and 16 cessations. The latest: Manish Khodidas Desai was appointed as Additional Director on 04 Jul 2026.
142 earlier events are in the company report.
News
Frequently asked questions
Onida Electronics is an active public limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 01 January 1981 (45+ years old) and is registered under CIN L32300MH1981PLC023637. Listed on BSE: 500279 and NSE: MIRCELECTR.
Onida Electronics reported revenue of ₹660.01 Cr for FY 2025-26 (down 11.6% YoY) based on standalone financials.
Onida Electronics has 9 current directors:
- Vijay Jaikrishin Mansukhani - Managing Director
- Kaval Gulu Mirchandani - Managing Director
- Shirish Mohanbhai Suvagia - Whole-Time Director
- Mohita Arora - Director
- Arvind Rajkishore Sharma - Director
- Sasha Gulu Mirchandani - Director
- Milind Chandrakant Pokle - Director
- Nandini Mansinghka - Director
- Manish Khodidas Desai - Additional Director
The latest financial statements of Onida Electronics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Onida Electronics is 27AAACM8055A1ZR, registered in Maharashtra. The company has 32 GST registrations in all, of which 23 are active and 9 are cancelled or inactive. Other active GSTINs include 27AAACM8055A2ZQ (Maharashtra), 04AAACM8055A1ZZ (Chandigarh), 05AAACM8055A1ZX (Uttarakhand).
The CIN (Corporate Identification Number) of Onida Electronics is L32300MH1981PLC023637. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Onida Electronics is listed on both BSE (code: 500279) and NSE (symbol: MIRCELECTR).
Onida Electronics has 1,137 court cases on record: 855 filed by the company and 282 filed against it. 346 are pending. Most are in the district courts.
Onida Electronics was incorporated on 01 January 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
Manish Khodidas Desai was appointed as Additional Director on 04 Jul 2026. Gulu Lalchand Mirchandani ceased to be Managing Director on 20 May 2025. Sasha Gulu Mirchandani was appointed as Director on 20 May 2025. Onida Electronics has 42 board changes on record in total.
Onida Electronics has 12 MSME Form 1 returns on record between 2019 and 2023, listing 1,418 overdue payments to 78 micro and small suppliers. The latest return was filed on 27 Oct 2023.