By FMTeam Sure, Onida Electronics is an Indian company, but it is right now famous in many different countries around the globe, and yes, mainly for their consumer electronics and home appliances products. That’s why we saw fit that it is the right time to talk about them a little bit and go over things like Onida Electronics Net Worth, Owner, CEO, Head Office, etc.
| Company name | Onida Electronics |
| Establishment year | 1981 |
| Head Office | Mumbai |
| Owner/Founder | Founded by G.L. Mirchandani and Vijay Mansukhani |
| CEO Name | Gunjan Srivastava |
| Industry | Consumer electronics and home appliances manufacturing |
| Number of employees | N/A |
| Net worth | ₹125.7 crore |
| Total revenue in 2025 | ₹15,284.6 million |
Company Profile
Talking about how it all got going for this company, see, in 1981, G.L. Mirchandani with Vijay Mansukhani started Onida in Mumbai. They registered the company as Mirc Electronics on 11 January 1981. Assembling of TV sets was started in Andheri, Mumbai in 1982 and their head office is still there in Mumbai. But yes, later down the line, the company branched out into various categories of home appliances over the course of time. The brand was very well-known for the line “Neighbour’s Envy, Owner’s Pride,” and the devil mascot, which was dropped in 2009.
Onida Electronics Net Worth (Market Cap)
Because it is not a publicly listed company yet, we can’t tell you the market cap number, but there is a good estimate of its net worth available, which is around ₹125.7 crore as of late.
Current Status & Recent Updates
Talking about how things are going with them, for the financial year ended March 31, 2025, the company has posted its revenue from operations at ₹746.69 crore and loss at ₹2.30 crore. The board gave its nod to a rights issue for raising up to ₹50 crore, and the company has been engaged in the process of completing the same within the stipulated time. Besides that, Gunjan Srivastava was made the Chief Executive Officer (Key Managerial Personnel) from 1 February 2026.