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Onida Electronics Ltd (ONIDA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500279 NSE: ONIDA Consumer Durables - Electronics | Small Cap | Onida Electronics Share Price

₹33.51 0.30 (0.90%)

As on 25-Sep'26 16:59

Onida Electronics Ltd (ONIDA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500279 NSE: ONIDA Consumer Durables - Electronics | Small Cap | Onida Electronics Share Price

₹33.51 0.30 (0.90%)

As on 25-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹1,238 Cr.
Current Price
₹33.5
52-Week Low / High
₹22 / 49
TTM EPS
₹-2.1
TTM Sales
₹702 Cr.
Book Value per Share
₹6
P/E Ratio
0.00
Industry PE
63.3
Price to Book (P/B)
5.56
Higher than its 5-year historical median
Price to Sales (P/S)
1.76
Higher than its 5-year historical median
EV/EBITDA
-32.07
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
-41.32%
Underperforms industry median
Return on Capital Employed (ROCE)
-21.66%
Underperforms industry median
Return on Assets (ROA)
-14.21%
Operating Profit Margin
-7.3%
Net Profit Margin
-11.32%
Gross Profit Margin
-8.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
-11.61%
Operating Profit Growth (1 Year)
-
-716.71%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
40.51%
Pledged shares (%) of Promoter's holding (%)
28.42%
Reserves
₹186 Cr.
Equity
₹37 Cr.
Face Value
₹1
All Time Low / High
₹1.81 / 60.03

Onida Electronics stock performance

Key Ratios
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Check Before You Invest

Valuation

Overvalued

Price Trend

Semi Strong
Q.1 Is Onida Electronics Ltd a good quality company?
Onida Electronics Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Onida Electronics Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Onida Electronics Ltd vs industry peers?
Onida Electronics Ltd revenue CAGR is -2.93%, compared to the industry median CAGR of 0.00%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Onida Electronics Ltd?
Promoters hold 40.51% of the Onida Electronics Ltd, with 28.42% of their stake pledged, indicating high pledge risk.
Q.1 Stock return of Onida Electronics Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 9.8% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Onida Electronics Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ0.4%13%3.5%0.2%5.5%-2.1%-0.6%-18.8%5.4%-21.7%-
Value Creation
Index ⓘ
-1.0-0.1-0.8-1.0-0.6-1.2-1.0-2.3-0.6-2.6-

Growth Parameters ⓘ

Sales ⓘ7297286446047661,1921,110968747660702
Sales YoY Gr.--0.1%-11.5%-6.2%26.7%55.7%-6.9%-12.8%-22.9%-11.6%-
Adj EPS ⓘ-0.11.1-0.1-0.3-0.2-0.9-0.5-2.6-0.1-1.8-2.1
YoY Gr.-NA-113%NANANANANANANA-
BVPS (₹) ⓘ5.48.88.78.998.27.75.256.46
Adj Net
Profit ⓘ
-1.926.8-3.4-8.4-4.3-21.5-11.8-64.1-1.4-65.7-76
Cash Flow from Ops. ⓘ5047.2-15.1-4.215.324.5-8.8-4.523-107-
Debt/CF from Ops. ⓘ3.41.1-4.6-18.85.62.8-9.1-22.64.4-0.7-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ-1.1%-2.9%-15.9%-11.6%
Adj EPS ⓘNANANANA
BVPSⓘ1.8%-6.5%-5.8%27.7%
Share Price 9.8% 15.7% 19.2% 37.5%

Key Financial Parameters ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ
-1.414.8-1.4-3.7-1.9-10.1-6-40.2-1.1-36.2-33.3
Op. Profit
Mgn % ⓘ
4.86.62.61.51.80.60.5-4.71.2-7.3-7.5
Net Profit
Mgn % ⓘ
-0.33.7-0.5-1.4-0.6-1.8-1.1-6.6-0.2-10-10.9
Debt to
Equity ⓘ
1.40.20.30.40.40.30.40.80.80.3-
Working Cap
Days ⓘ
195196228261242174168171222221118
Cash Conv.
Cycle ⓘ
808910411960585160507246

Valuation of Onida Electronics - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *34.5134.5134.5134.5134.5134.5128.4228.4228.4228.42
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales7297286446047661,1921,110968747660
Operating Expenses ⓘ + 6956866286007521,1891,1071,014739709
Manufacturing Costs91011109810749152
Material Costs5335204734576411,044960885561431
Employee Cost 72706861516166626154
Other Costs ⓘ 82857671527771606972
Operating Profit ⓘ 34421751333-468-49
Operating Profit Margin (%) 4.6%5.8%2.6%0.8%1.8%0.3%0.3%-4.8%1.1%-7.4%
Other Income ⓘ + 2543216471111
Exceptional Items ⓘ -240-208-17000-14
Interest ⓘ 21141512151411151516
Depreciation ⓘ 10987789876
Profit Before Tax ⓘ -1923-4-112-20-12-62-2-75
Tax ⓘ 0000000000
Profit After Tax -1923-4-112-20-12-62-2-75
PAT Margin (%) -2.6%3.2%-0.7%-1.9%0.3%-1.7%-1.1%-6.4%-0.3%-11.3%
Adjusted EPS (₹)-0.80.9-0.2-0.50.1-0.8-0.5-2.5-0.1-2.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 124219216222224203191128125237
Share Capital ⓘ 21.1923.1123.1123.1123.1123.1123.1123.1123.1136.96
Reserves ⓘ 103196192199200180168105102200
Debt +165486575785751798148
Long Term Debt53181381512161437
Short Term Debt160454861694240636711
Minority Interest0000000000
Trade Payables173216179248324383214299264162
Others Liabilities ⓘ 55595333416273645977
Total Liabilities ⓘ 517543513577666705529571528524

Fixed Assets

Net Fixed Assets ⓘ +11410610196879287787272
Gross Block400364352348338351353351328330
Accumulated Depreciation286258250253252259266273256259
CWIP ⓘ 0100500000
Investments ⓘ 23441112245
Inventories206225215329354424273238190141
Trade Receivables1251341207911510290162152137
Cash Equivalents 1924136291811152337
Others Assets ⓘ 51506063756768768991
Total Assets ⓘ 517543513577666705529571528524
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + 5047-15-41524-9-523-107
PBT ⓘ -1923-4-112-20-12-62-2-75
Adjustment ⓘ 53251720154018281430
Changes in Working Capital ⓘ 16-1-28-13-16-14308-59
Tax Paid ⓘ -0-0-0-0-1-1-0-13-4
Cash Flow From Investing Activity ⓘ + -15-220-138-2-8-26
Capex 11-12-115-711-016
Net Investments -260-11-1695-4-9-47
Others ⓘ 0-011012115
Cash Flow From Financing Activity ⓘ + -37-432-2-7-30-18-16142
Net Proceeds from Shares ⓘ 16720000000186
Net Proceeds from Borrowing ⓘ -2-215-4-1914-0647
Interest Paid ⓘ -21-14-15-12-14-12-11-15-15-16
Dividend Paid ⓘ -0000000000
Others ⓘ -30-982148-27-423-7-75
Net Cash Flow ⓘ -23-11-67-2-21-19
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)-14.5713.67-2.02-5.240.85-9.41-6.33-38.97-1.82-41.32
ROCE (%)0.4112.973.520.175.52-2.07-0.58-18.815.37-21.66
Asset Turnover Ratio1.381.391.221.111.231.741.81.761.361.26
PAT to CFO Conversion(x)N/A2.04N/AN/A7.5N/AN/AN/AN/AN/A
Working Capital Days
Receivable Days61.2064.2071.9059.9046.1033.2031.5047.4076.8080
Inventory Days106.30106.70124.50164.30162.90119.20114.6096.20104.6091.70
Payable Days102.20105.90117.50147.30141.30107.70102.3097.40160.30159.20

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Onida Electronics Ltd FAQs

The current trading price of Onida Electronics on 25-Sep-2026 16:59 is ₹33.51.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 24-Sep-2026 the market cap of Onida Electronics stood at ₹1,238.3 Cr

The latest P/E ratio of Onida Electronics as of 24-Sep-2026 is 0.00.

The latest P/B ratio of Onida Electronics as of 24-Sep-2026 is 5.56.

The 52-week high of Onida Electronics is ₹49.12 and the 52-week low is ₹21.50.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Onida Electronics is ₹702 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Onida Electronics Ltd is a below average quality company.

The key valuation ratios of Onida Electronics Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Onida Electronics Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Onida Electronics Ltd

Mirc Electronics Limited commenced its journey in 1981. Starting with a goal of manufacturing televisions sets, it transformed into a complete consumer durable company with a wide product portfolio including Flat panel TVs (LED LCD TVs), Air Conditioners, Washing Machines, Microwave Ovens, DVD Home Theatre systems, Mobile phones, Projector systems and LED lights. The company markets its products under the brand name ‘ONIDA’.

Onida has been an enduring brand in the Indian Consumer Durable space, and has won the trust of millions of consumers with its high quality products. Being an Indian company, the company understands the unique requirements of the Indian consumer - more than any other company does. This has found expression in so many of the innovative products that have been launched over the years. This understanding of the consumer is one of the core strengths of the company that has enabled it to compete in the market.

In the annals of Indian advertising, Onida enjoys a storied past. The advertisements that Onida brought out broke all conventions and are a defining feature of the organisation. The company created amongst the most powerful icons in advertising, the Onida Devil, and amongst the most memorable taglines, ‘Neighbour’s envy. Owner’s pride.’

With a Maverick leadership team, Onida has become a torch-bearer for consumer-centric innovations and unconventional communication. Onida has often been voted as the top most trusted consumer durable brand in India - a reflection of its continued success.

Business area of the company

The Company is engaged in the business of manufacture and marketing of consumer electronics goods primarily under the brand named ‘Onida’ and ‘IGO’. The Company has three manufacturing plants viz, Wada (Maharashtra), Lote-Parshuram, Chiplun (Maharashtra) and Roorkee-II (Uttarakhand).

Product categories

  • Television
  • Washing Machine
  • Air Conditioner
  • Microwave Ovens

Milestones

  • 1981: MIRC Electronics was established as a private limited company.
  • 1982: Company started the production of CTV at Nand Bhavan, Mumbai.
  • 1983: The company entered into a technical collaboration with JVC, Japan for CTV.
  • 1985: Company set up an in-house R&D unit.
  • 1986: IRC Electronics expanded its production capacity and unit was shifted to Kalina.
  • 1990: Company started the production of Tuner.
  • 1991: Akasaka, PCB plant commences its operation. Company established manufacturing plant for CTV in Vasai.
  • 1992: Company crossed 1 million CTV sales mark.
  • 1995: Company received ISO 9001 certification for its quality management.
  • 1998: Company was awarded for excellence in electronics by ministry of IT.
  • 1999: It became first company in India to develop Internet enabled CTV.
  • 2000: Company launched the KY Thunder, Profile Series.
  • 2001: Company won AV Max award for best CTV. It launched Onida Black, flat CTV range. The same year it launched multimedia projectors. Company commenced project to increase CTV capacity to 1 million
  • 2002: It completed project of expanding capacity from 600K CTVs to 1.2 million CTV's per year. Company launched 'KY Theatre'- its first complete Home Theatre package with circle surround sound. Company launched its economy brand-'Igo'. Company also launched VCD player.
  • 2003: It launched world's first LCD remote 'i-Control'. The same year it launched air-conditioners, rear projection TV, plasma TV and DVD players and fully automatic front loading washing machines. Company started its operation in Russia.
  • 2004: Company launched its 'Oxygen Series' CTV. The same year it microwave oven.
  • 2005: Company launched its 'POISON' range of CTV's.
  • 2006: Ranked 2nd as per Total Income in the Consumer Durables / Domestic Appliances Sector by Dun and Bradstreet's India's Top 500 Companies 2006.
  • 2009: 'Star Performer Certificate' awarded to the Company from Urjavaran Foundation for the most Energy Efficient Air Conditioners.
  • 2012: ONIDA ranked 38th position in The Brand Trust Report, India Study 2012' and 2nd in the Sub- Category of Appliances Onida Launched Projectors in India.
  • 2013: Won an award from MICE Travel Mart Corporate Star Awards 2013 for 'Best Incentive program for Distributors/Dealers Onida ranked 27th position in the The Brand Trust Report, India Study 2013.
  • 2014: The Company was appointed as the authorised national distributor for Vivitek range of Data Projectors.
  • 2015: The Company launched the I-genius Smart Air Conditioners. This AC is based on the Internet of Things (IOT) technology and can be completely controlled from the owner’s Smart Phone through Wi-Fi.
  • 2016: Regalio Invertor AC Launched - Taking Artificial Intelligence to the next level, Introducing Smart Wi-Fi AC with Inverter technology which caters to the taste of evolving Indian consumers.
  • 2018: Launched the KY Super thunder reloaded, maximum impact maximum sound powered by Android 7.0.
  • 2018: Launched The UIC SERIES, A google certified artificial Intelligence 4k UHD TV powered by Android 8.0
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