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IndiaPulse

Onida Electronics Limited (ONIDA)

Small Cap

Industrials stocks · Small cap · NSE

Onida Electronics Limited operates in Defence Electronics, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹32.89
+0.60 · +1.86%
Quote20 Sept, 03:07 pm IST
Fundamentals18 Jun 2026 · screener
Score20 Sept, 03:56 pm IST · v4.3-runtime-valuation
Tags20 Sept 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.5 (n=546)
Data confidence
Verify one data layer
Stock analysis snapshot

Onida Electronics Limited (ONIDA) share analysis

Onida Electronics Limited is a small-cap NSE-listed company in Defence Electronics. Its latest recorded share price is ₹32.89. IndiaPulse assigns it a U-Score of 18/100 and classifies its valuation as overvalued.

Current reported fundamentals include P/B of 6.5, ROE of -26.4%, ROCE of -3.5%, and debt/equity of 1.45. Review these figures alongside the company's growth, cash-flow, balance-sheet and peer evidence below.

For the quarter ended 31 Mar 2026, the result was classified as bad with a score of 0/100; revenue changed -28.4% year on year and PAT changed -4800.0%. See the quarterly result breakdown.

Market cap
Rs 1,394 Cr
ROE
-26.4%
Debt/equity
1.45
U-Score
18/100
Latest result
Bad 0/100

Compare with MIC Electronics Limited (MICEL), M & B Engineering Limited (MBEL) and Salzer Electronics Limited (SALZERELEC) or open the complete peer comparison.

Investor decision lenses

One read, four checks

75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.

Weak fundamentals, management trust needs verification, price trend is neutral, and recent execution is weak.

Suggested next step
Verify management risk first
Do not let cheap valuation override weak Trust or governance evidence.
U-Score
OVERVALUED
18

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Trust
Weak Trust
48

low confidence · 0/0 claims checked

Technical
Neutral
48

Timing lens: price trend and sector relative strength.

Result consistency
weak
31

Rolling lens: recent quarterly delivery, not the latest single-result score.

Latest result

Quarter ended 31 Mar 2026

Bad · 0/100

Rev -28% YoY · PAT -4800% YoY · margin compression

Filed 20 May 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹144 Cr-28.4%-32.1%
EBITDA₹-15 CrNDF-87.5%
Operating margin-11.0%-1100 bps-700 bps
PAT₹-47 Cr-4800.0%NDF
PAT margin-32.6%-3314 bps-2651 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Business & thesis

Growth engines, tailwinds/headwinds, and risk radar from management commentary

Business and thesis

Issuer presentation review pending

Onida Electronics Limited operates in Defence Electronics, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Management accountability

What management said, and what results must prove

Technical timing lens

Trend score and candlestick chart

48Neutral

SMA20 -6.8% / mo · MACD −

Stock trend: 43
Sector RS: 57
Sector 3M: -0.1% vs Nifty 500 -0.6%

Technical chart

ONIDAweekly · 3Y · AUTO+29.5%
Latest close ₹32.89 on 2026-09-14
Bar
+2.8%
RSI
48
MACD hist
-0.95
52W pos
41%
2026-09-14O ₹32.00H ₹34.70L ₹31.77C ₹32.89Vol 43.5L sh
₹9.15₹19.65₹30.14₹40.64₹51.1452H52L32.892024-092024-122025-032025-062025-092025-122026-03VolRSIMACD2024-092025-032025-082026-022026-09
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal

Weekly technical trend read

Mixed signals

Signals are conflicting — long-term trend unclear. RSI 48. Wait for confirmation.

  • SMA20 rising (~4.5% over last month) — short-term momentum positive.
  • RSI(14) at 48 — falling, no extreme reading.
  • MACD below signal, histogram expanding negatively — bearish momentum building.
  • 33% off 52W high · 53% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Valuation & score drivers

U-Score 18 · OVERVALUED · pillar breakdown, sector model, fair-value anchor

18U-SCORE
OVERVALUED

Fundamental score breakdown

OVERVALUED
Valuation2/30
Growth9/25
Quality0/20
Balance Sheet0/15
Cash Flow6/10
Piotroski
3/9 (+1)
Penalties
0
Raw sum
18

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

18/100 · OVERVALUED

Positive drivers

  • Cash flow contributes 6/10 to the score.
  • Growth contributes 9/25 to the score.
  • Valuation contributes 2/30 to the score.

Main drags

  • Promoter pledge is 28.4%.
  • Quality is weaker at 0/20; verify the latest quarterly trend.
  • Balance sheet is weaker at 0/15; verify the latest quarterly trend.
Sector valuation model

Execution business valuation: EV/EBITDA plus order and working-capital risk

Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.

Execution EV/EBITDA
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
PB
6.5
EV/EBITDA
177.1
ROE
-26.4%
ROCE
-3.5%
FCF Yield
2.9%
Debt/Equity
1.4
MoS
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 20 Sept 2026
v4.3-runtime-valuation
Final score
18
Previous: 18
Verdict
OVERVALUED
Previous: OVERVALUED
Margin of safety
No stored baseline yet

Score history

12 stored score snapshots. Latest stored move: +0 points.

20 Sept 2026
v4.3-runtime-valuation
18
18
18
18
18
18
18
18
18
18
18
18

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
Growth-justified P/E
39.8
Growth-justified Value
— MoS
PEG

Trust score

Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth

Trust Score
48Weak Trust · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Weak Trust: Claim history is still being built. It ranks around the 5th percentile of the scored universe and 4th percentile within Industrials. Main check: promoter alignment is weak at 28/100.

Mixed Trust Lite: FCF yield is positive at 2.9%. Key concern: Promoter pledge is elevated at 28.4%.

Computed 05 Sept 2026
management-trust-v1
7 docs text-extracted · 0 concalls text-extracted
Score band
Weak Trust

Management or financial behaviour needs caution. Demand stronger valuation compensation.

Relative rank
5th percentile

overall median 67 · Industrials: 4th pctile, median 68 · Small: 6th pctile, median 66

Evidence depth
Financial-only

7 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Weak Trust · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
28
weak · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
61
acceptable · leverage and solvency
Discipline
30
weak · capital discipline
Results
31
weak · quarterly consistency

Trust positives

  • FCF yield is positive at 2.9%.
  • 10 years of positive FCF.

Trust risks

  • Promoter pledge is elevated at 28.4%.
  • Promoter holding fell 12.9%.
  • 3 latest quarters had PAT decline worse than 25% YoY.
  • Debt/equity is 1.45.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Financials

Full fundamentals table and 10-year revenue / profit / ROE history

Fundamentals

Valuation

P/E
P/B
6.53
EV/EBITDA
177.11
Market Cap
1394.00Cr

Profitability

ROE
-26.40%
ROCE
-3.46%
ROA
-3.23%
Dividend Y

Growth (CAGR)

Revenue 5Y
-17.00%
EPS 5Y
18.00%
Revenue 3Y
-17.00%
EPS 3Y
-8.00%

Balance Sheet

Debt/Equity
1.45
Interest Coverage
-0.10×
Altman Z
3.49
Book Value
5.77

Cash Flow

FCF Yield
2.94%
FCF Positive Y
10/5
OCF
20.00 Cr
EPS TTM
-0.82

Shareholding

Promoter Hold
40.51%
Promoter Pledge
28.40%
Momentum 52W
68%

Financial History

Updated 20/9/2026

Revenue

₹ Cr
Latest: 660-11.6% vs prev
01192Mar 2017: 729Mar 2018: 728Mar 2019: 644Mar 2020: 604Mar 2021: 766Mar 2022: 1,192Mar 2023: 1,110Mar 2024: 968Mar 2025: 747Mar 2026: 660FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Net Profit

₹ Cr
Latest: -75.0-3650.0% vs prev
-75.0023.0Mar 2017: -19.0Mar 2018: 23.0Mar 2019: -4.0Mar 2020: -11.0Mar 2021: 2.0Mar 2022: -20.0Mar 2023: -12.0Mar 2024: -62.0Mar 2025: -2.0Mar 2026: -75.0FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Return on Equity

%
Latest: -31.5-1881.8% vs prev
-48.409.7Mar 2017: -15.3%Mar 2018: 9.7%Mar 2019: -1.7%Mar 2020: -5.0%Mar 2021: 0.9%Mar 2022: -9.8%Mar 2023: -6.3%Mar 2024: -48.4%Mar 2025: -1.6%Mar 2026: -31.5%FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Peers

Business-comparable names in Industrials, ranked by similarity

Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.