EMS
24 recent notes from companies in this sector. 9 companies tracked.
Dixon's export head retires; no successor named
Kishore Kumar Kaul, Business Head for EXIM and New Business, stepped down on 30 June upon superannuation. The departure is orderly and the role is not C-suite, so the event is unlikely to move the stock.
EPACK Durable lands ₹1,084 cr Andhra Pradesh incentives
The state approves a 50% capital subsidy and land allotment for a combined investment by EPACK and its subsidiary, boosting the company's expansion plans.
Merritronix signs manufacturing pacts with Analinear, Stuam; no financials disclosed
Non-binding MOUs make Merritronix the preferred partner for PCB assemblies and production runs, but without order commitments or revenue visibility.
Syrma SGS, Kaga Electronics to set up EMS plant for Japanese clients
The 60:40 joint venture with Kaga Electronics India targets a new customer segment. Initial investment of ₹15 cr from Syrma SGS; execution is conditional.
Amber eyes 8M Oppo phones in FY26 at 1.5-2% EBITDA margins
The EMS player targets 30-35% ROCE on the mobile business with an asset-light model. Commercial output starts Q1 FY26.
Virtuoso lands ₹85 cr from Malabar Fund, promoters via preferential issue
Malabar India Fund puts in ₹50 cr, India Insight Value Fund ₹10 cr; promoter group takes ₹25 cr in warrants. Allotments await shareholder nod on July 12.
Amber Enterprises signs Oppo to make phones for OnePlus, Realme
No upfront investment required. Amber pairs its manufacturing scale with Oppo's product expertise in a deal that opens a new vertical.
Amber subsidiary IL JIN buys out minority in Ascent Circuits for ₹336.75 cr
IL JIN Electronics is raising its stake in the PCB maker from 60% to 98.5%, paying ₹336.75 crore in cash. The deal consolidates control over a ₹401.87 crore-turnover subsidiary at 1.2% of Amber's market cap.
Virtuoso gets NSE nod for mainboard migration
The BSE SME-listed firm can move **3.18 crore** shares to NSE mainboard within **45 days**, unlocking broader investor access.
EPACK's tax demand cut to ₹5.89 cr from ₹29.03 cr after IT dept rectification
The Income Tax Department reduces a previous demand, but the dispute isn't closed. The remaining ₹5.89 cr is 33% of FY26 PAT, a notable overhang for the small-cap EMS firm.
Dixon will build optical transceivers with Taiwan's Gemtek
A binding term sheet locks in a 60:40 JV to make data-centre hardware, marking Dixon's first step into optical connectivity.
Amber's subsidiary starts a joint venture for medical and defence electronics
IL JIN Electronics, Amber's subsidiary, owns 60% of a new venture targeting higher-margin sectors. The initial investment is ₹1 crore.
EPACK Durable reverses ₹32.4 cr in PLI income after missing targets
Revenue fell 8% to ₹591 crore as the company struggled with inventory overhang and unseasonal weather. A new incentive scheme partially offsets the hit.
Elin's Ghaziabad plant shuts after fire, insurer to assess damage
A section of the factory is temporarily closed, though other operations continue. The company says assets are adequately insured.
ICICI Prudential quietly bought its way to 5% in PG Electroplast.
One of India's largest asset managers has crossed a regulatory disclosure threshold in the mid-cap electronics manufacturer.
Elin's EBITDA crumbled to ₹6 cr as input costs surged; recovery hinges on price hikes
A Middle East-driven cost shock swung Q4 to a net loss. The company is passing 10-18% price increases to customers but won't forecast full-year EBITDA.
Elin's Q4 profit vanished as polymer costs surged
Revenue grew 3% to ₹3,242 million, but EBITDA dropped 50% to ₹60 million, erasing a ₹172 million profit and leaving an ₹8 million loss.
Elin Electronics profit drops 23% as costs outpace revenue
The electronics maker's full-year revenue grew 9.3%, but consolidated net profit shrank by a quarter. The final quarter swung to a net loss.
Amber Enterprises earnings transcript adds nothing new
Management's recent call transcript contains no material information beyond what the market already processed on May 18.
Centum Electronics misses FY26 margin targets as international restructuring drags
Standalone revenue climbed 25% to ₹973 crore, but margin headwinds from the EMS business leave the company shy of its annual goals.
EPACK Durable E-pavo profitability delayed to FY28, revenue slips 12.7%
Management flags EBITDA margin contraction and PLI reversal in FY26 concall
EPACK's RAC sales drop 24.7%; SDA and components fill the gap
Revenue fell 8.1% YoY but segment mix shifted dramatically. SDA & LDA up 32.1%, components up 50.1%. Five new customers added.
EPACK Durable's audited FY26 results confirm steep PAT drop, no fresh surprise
Standalone PAT fell 70% YoY to ₹17.6 crore, with a qualified audit opinion on disputed receivables. Numbers were already disclosed; the audited filing adds only routine governance changes.
EPACK Durable PAT crashes 70% on disputed receivables, PLI reversal
Standalone PAT fell to ₹17.60 cr from ₹58.23 cr; consolidated PAT nearly vanished at ₹3.26 cr. The auditor flagged ₹19.61 cr in disputed trade receivables, and the company reversed ₹32.42 cr in PLI income.