Onida Electronics Limited
Momentum (92/100) does the heavy lifting; financial trend (0/100) is the drag.
ExpensiveOvervaluedStocksWizard rates Onida Electronics Limited a Strong Sell, scoring 29/100 on our blended model. At ₹37.66 it trades above our blended DCF and relative-multiples fair value of ₹18.83, about 50% downside to that estimate — we read it as overvalued by 50%. It's sitting close to its 52-week low of ₹37.48. Financial health scores 86/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 1/9. It clears 2 of 9 investability checks, with durability 31, valuation 9 and momentum 92 on our 0–100 scales.
Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.
With a 20% margin of safety, our buy-below price is ₹15.06. Low-confidence estimate — limited data.
1-year price
EOD · 2026-07-3152-week range
-3.90% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Strong Sell29Piotroski F-score 1/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- No data: ROE above 15%
- Pass: Low debt (D/E < 0.5): 0.33x
- Fail: Positive free cash flow
- Fail: Revenue growth > 10%: -28%
- No data: Earnings growing
- Fail: Net margin ≥ 10%: 2.5%
- Fail: Current ratio > 1.5: 1.03
- Fail: Below our fair value
- Fail: Margin of safety ≥ 20%
- No data: Above 200-day average
- No data: Above 50-day average
- No data: Positive 1-year return
- Pass: Altman Z in safe zone: Z 4.43
- Fail: Piotroski ≥ 7: 1/9
Annual financials
Shareholding
- Promoter42.1%
- Institutions25.9%
- Public & other31.9%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Strengths
- Lightly leveraged balance sheet.
- Financially solid — Altman Z 4.43.
Bear case
Weaknesses
- Weak Piotroski score (1/9).
Threats
- Rich valuation versus sector peers.
- Trades ~50% above our estimated fair value.
About Onida Electronics Limited
Onida Electronics manufactures and sells consumer electronics and durables in India under the Onida brand, including televisions (LED, LCD, and colour models), air conditioners, washing machines, microwave ovens, refrigerators, mobile phones, air coolers, LED light speaker systems, and HD media players. The company also exports its products.
Onida Electronics Limited — frequently asked questions
Is Onida Electronics Limited a buy, hold or sell?
StocksWizard currently rates Onida Electronics Limited (MIRCELECTR) a Strong Sell, based on a blended score of 29/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.
What is Onida Electronics Limited's fair value?
Our blended DCF and relative-valuation model estimates Onida Electronics Limited's fair value at about ₹18.83, versus a current price of ₹37.66 — roughly 50% downside. On that basis the stock looks overvalued by 50%.
Is Onida Electronics Limited financially healthy?
Onida Electronics Limited scores 86/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 1/9.
More in Consumer Cyclical
View allOur verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.