- Decline in EBITDA and PAT due to negative operating leverage, driven by a marginal fall in revenue and rising costs.
- Challenges posed by the current macroeconomic environment for consumer durables and FMEG.
- Stiff competition from affordable Chinese imports.
- Potential stagnation or decline within the industry.
- Client concentration risk.
- Inability to comply with industry regulations and legal requirements.
- Shortage of skilled labor and competition from established players like China and Vietnam.
ELIN ELECTRONICS LIMITED
Greenhouse gas emissions & sustainability report data
In its 2023-24 reporting, ELIN ELECTRONICS LIMITED disclosed greenhouse gas emissions of 1.0K tCO2e. By scope: Scope 1: 176 tCO2e; Scope 2: 873 tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
1.0K tCO2e
2023-24
Water Usage
8.7K KL/year
2023-24
๐ Emissions by Scope (2023-24)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 176 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 873 tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
๐ Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023-24 | 1.0K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
โ Reported Environmental Achievements
- Reduced fresh water withdrawal from 11,015 KL in 2019 to 8,700 KL in 2023.
- Substituted non-biodegradable packaging with biodegradable options.
- Received residual waste disposal authorisation from Himachal Pradesh Pollution Control Board.
- Installed solar daylight pipe/light systems to reduce electricity consumption and carbon emissions.
- Total CO2 emissions in 2023-24: 10,49,000 kgs; Carbon offset by tree plantations: 12,93,600 kgs.
๐ฏ Climate & Sustainability Targets
๐ Short-term
- Expand customer base and deepen relationships through strategic cross-selling and product development initiatives.
- Increase R&D competence in engineering, product, die and mould designing, electronic circuit designing, and prototype designing.
- Enhance ODM share of the business.
- Establish as a one-stop-shop facility with increased backward integration.
๐ Medium-term
- Achieve robust growth in the fan segment, driven by both TPW and ceiling fans, including BLDC models.
๐ญ Long-term
- Become the leading and most preferred manufacturing company in its product line.
๐ฑ ESG Focus Areas
EnvironmentSocialGovernance