ELIN2023-01-012023-03-31 ELIN2023-01-012023-03-31 ELIN2023-01-012023-03-31in-bse-fin:OneOperatingExpenses01Member ELIN2023-01-012023-03-31in-bse-fin:FourOperatingExpenses01Member ELIN2023-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543725 ELIN NOTLISTED Elin Electronics Limited Equity 2022-04-01 2023-03-31 2023-05-30 2023-05-19 INR Millions Yearly 11:00:00 13:50:00 2023-05-30 2023-05-30 true Cash Flow Indirect Declaration of unmodified opinion Single segment Single segment of manufacturing of Electronics Manufacturing Services 2023-01-01 2023-03-31 Audited Consolidated 2687230000.00 18370000.00 2705600000.00 1875290000.00 109880000.00 23840000.00 341630000.00 25450000.00 58570000.00 248230000.00 2682890000.00 22710000.00 0.00 22710000.00 7220000.00 -510000.00 6710000.00 0.00 16000000.00 0.00 0.00 0.00 0.00 16000000.00 -1480000.00 14520000.00 16000000.00 0.00 14520000.00 0.00 239630000.00 5 0.38 0.38 0.00 0.00 0.38 0.38 1. The above Audited Standalone Financial Results of the Company for the fourth quarter and year ended March 31, 2023 have been reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on May 30, 2023. The figures of the quarter ended March 31. 2023 is the balancing figures between audited figures in respect of the full financial years and the published unaudited year to date figures upto the third quarter of the current financial year, which were subject to limited review by the Auditors. The financial results for the quarter ended March 31, 2022 have not been subjected to audit. However, the management has exercised necessary due diligence to ensure that the financial results for this period provide a true and fair view of the company's affairs. 2. The above Results are in compliance with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules, 2015 (as amended). 3. The Company has completed Initial Public Offer (IPO) of 1,92,30,746 equity shares comprising a fresh issue of 70,85,020 equity shares and offer for sale by selling shareholders of 1,21,45,726 equity shares of face value of INR 5 each at premium of INR 242 per share aggregating to INR 4,750.00 million. Pursuant to the IPO, the equity shares of the Company are listed on BSE Limited (BSE) and National Stock Exchange of India Limited (NSE) witl1 effect from December 30 2022. Details of Utilisation of IPO Proceeds is as under: Rs. in Millions Item Head Estimated net proceeds Revised Net Utilized upto Unutilized as on as per Prospectus Proceeds March 31, 2023 March 31, 2023 Repayment 880.00 880.00 295.88 584.12 /prepayment, in full or part, of certain borrowings availed of by company Funding capital expenditure towards upgrading 375.89 375.89 - 375.89 and expanding our existing facilities at (i) Ghaziabad, Uttar Pradesh and (ii) Verna, Goa General corporate purposes @ 390.24 395.63 390.24 5.39 @adjusted based on the final share of company's issue expenses IPO proceeds which were unutilized as at March 31. 2023 were temporarily retained in the Monitoring Agency & Escrow Account and Fixed Deposits 4. The Company is engaged in single segment of manufacturing of Electronics Manufacturing Services as reviewed by the Chief Operating Decision Maker (CODM). 5. Earnings per Share (EPS) is not annualised for the quarter ended March 31, 2023, quarter ended December 31, 2022 and quarter ended March 31, 2022. 6. The Board has recommended a Dividend @ 20 %. i.e., Rs. 1 per equity share of face value of Re.5/- each, for the financial year ended March 31, 2023, subject to the approval of shareholders at the ensuing Annual General Meeting (AGM) of the Company. The Dividend for the financial year ended 31st March, 2023, if declared at the ensuing AGM, will be paid to the shareholders within 30 days from the date of declaration. 7. The figures of the previous periods have been re-grouped/ re-arranged wherever considered necessary. Single segment 2022-04-01 2023-03-31 Audited Consolidated 10754280000.00 22670000.00 10776950000.00 7800600000.00 184460000.00 -17730000.00 1288410000.00 130620000.00 186100000.00 847470000.00 10419930000.00 357020000.00 0.00 357020000.00 79910000.00 9090000.00 89000000.00 0.00 268020000.00 0.00 0.00 0.00 0.00 268020000.00 6960000.00 274980000.00 268020000.00 0.00 274980000.00 0.00 239630000.00 5 4691350000.00 6.29 6.29 0.00 0.00 6.29 6.29 Other Expenses 248230000.00 Other Expenses 847470000.00 2308740000.00 910000.00 0.00 3850000.00 11150000.00 0.00 0.00 0.00 740000.00 0.00 0.00 358320000.00 359060000.00 0.00 45950000.00 2729660000.00 1234270000.00 264700000.00 1974110000.00 3940000.00 992700000.00 1600000.00 25020000.00 3262070000.00 14940000.00 100790000.00 4612070000.00 7341730000.00 239630000.00 4691350000.00 4930980000.00 4930980000.00 395910000.00 5090000.00 401000000.00 9740000.00 103590000.00 514330000.00 382560000.00 1269060000.00 132810000.00 1784430000.00 84830000.00 24780000.00 2380000.00 0.00 1896420000.00 0.00 0.00 2410750000.00 7341730000.00 130620000.00 -37120000.00 -200710000.00 0.00 12640000.00 42390000.00 -113750000.00 0.00 0.00 276670000.00 0.00 72650000.00 0.00 186100000.00 -2000000.00 25680000.00 0.00 0.00 0.00 0.00 15250000.00 0.00 0.00 -4910000.00 0.00 330000.00 0.00 0.00 0.00 373340000.00 730360000.00 0.00 0.00 0.00 107160000.00 0.00 623200000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 15960000.00 512520000.00 -248230000.00 0.00 0.00 0.00 0.00 0.00 0.00 11130000.00 0.00 0.00 0.00 0.00 1600000.00 0.00 0.00 0.00 40000.00 15210000.00 0.00 -1224700000.00 0.00 -1966970000.00 0.00 0.00 1750000000.00 0.00 0.00 0.00 0.00 0.00 250000000.00 494870000.00 0.00 0.00 40840000.00 130460000.00 70000.00 -26190000.00 1307570000.00 -36200000.00 0.00 -36200000.00 40140000.00 3940000.00 -2090000.00 9080000.00 -530000.00 2280000.00 -80000.00 -160000.00