Orient Bell FY26 net profit jumps 337%; dividend declared

Orient Bell Ltd has reported its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors, which met on May 19, 2026, approved the results and recommended a dividend of ₹1 per equity share of ₹10 each for the financial year 2025-26, subject to shareholder approval.

Financial Performance

For the financial year ended March 31, 2026, the company reported a standalone net profit of ₹1,115.75 lakh, a significant increase from ₹248.03 lakh in the previous year. Revenue from operations for the year stood at ₹68,320.69 lakh compared to ₹66,002.89 lakh in FY25. For the quarter ended March 31, 2026, standalone net profit was ₹611.81 lakh, while revenue from operations was ₹21,257.50 lakh, compared to ₹240.38 lakh and ₹18,851.60 lakh respectively in the same quarter of the previous year.

On a consolidated basis, net profit for the year rose to ₹1,242.55 lakh from ₹284.33 lakh in the prior year. Consolidated revenue from operations for FY26 was ₹69,145.25 lakh, up from ₹66,976.58 lakh in FY25. The quarterly consolidated net profit was ₹622.15 lakh on revenue of ₹21,464.18 lakh.

Q4 EBITDA Performance

Orient Bell's operational profitability showed notable improvement in Q4, with EBITDA rising to ₹150M from ₹86M in the same quarter of the previous year. The EBITDA margin expanded significantly to 7.10% from 4.56% year-on-year, reflecting improved cost efficiencies and operating leverage during the quarter.

Metric:	Q4 FY26	Q4 FY25
Standalone Net Profit:	₹61M	₹24M
Revenue:	₹2.1B	₹2B
EBITDA:	₹150M	₹86M
EBITDA Margin:	7.10%	4.56%

Annual Financial Summary

The following table presents the full-year financial performance on both standalone and consolidated bases:

Metric:	Standalone FY26 (₹ in lakh)	Standalone FY25 (₹ in lakh)	Consolidated FY26 (₹ in lakh)	Consolidated FY25 (₹ in lakh)
Revenue from Operations:	68,320.69	66,002.89	69,145.25	66,976.58
Total Income:	68,616.31	66,273.78	69,443.06	67,247.47
Total Expenses:	66,985.77	65,935.04	67,783.86	66,899.35
Net Profit for the period:	1,115.75	248.03	1,242.55	284.33

Operational Highlights

The company achieved a volume growth of 4.4% for the full year, reaching 247 lakh square meters compared to 237 lakh square meters in FY25. For Q4 FY26, volume increased by 7.0% to 76 lakh square meters. The Cost of Production (COP) was lower by 3.2% year-on-year on a like-for-like basis at constant product mix and energy costs. The company maintained a negative net debt position of ₹29.7 crore as of March 31, 2026, compared to a net debt of ₹9.6 crore in the previous year.

Key Metrics and Dividend

The company's earnings per share (EPS) on a standalone basis for the year ended March 31, 2026, was ₹7.60 basic and ₹7.57 diluted, compared to ₹1.70 and ₹1.69 respectively in the previous year. The Board has recommended a dividend of ₹1 per share. The statutory auditors, M/s. S.R. Dinodia & Co. LLP, have issued an audit report with an unmodified opinion on the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.48%	-7.91%	-10.97%	+11.72%	+24.12%	-3.75%

Orient Bell Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the standalone and consolidated results during a meeting held on May 19, 2026. The statutory auditors, M/s. S.R. Dinodia & Co. LLP, issued an unmodified opinion on the financial results.

The Board approved and recommended a dividend of Re. 1 per equity share for the financial year ended March 31, 2026. This dividend is subject to the approval of shareholders at the upcoming Annual General Meeting. If declared, the payment will be made within thirty days from the date of declaration, subject to tax deduction at source.

Board Appointments and Re-appointments

In addition to the financial results, the Board approved several key director appointments. Mr. Mahendra K. Daga has been recommended for re-appointment as Chairman & Whole Time Director for a term of three years, effective from April 1, 2027, to March 31, 2030. Ms. Bindiya Shyam Agrawal was approved for re-appointment as a Non-Executive Non-Independent Director for a one-year term from October 28, 2026, to October 27, 2027.

Mr. K.M. Pai was approved for re-appointment as an Independent Director for a second and final term of five years, running from April 1, 2027, to March 31, 2032. Furthermore, the Board appointed Mr. Sreeji Kamala Gopinathan as an Additional Director in the category of Non-Executive-Independent Director. His initial term runs from May 19, 2026, until the date of the ensuing Annual General Meeting, with a potential extension until May 18, 2029, upon shareholder approval.

Director Profiles and Terms

The following table summarizes the details of the approved appointments and re-appointments:

Director Name	Category	Term Start Date	Term End Date	Duration
Mr. Mahendra K. Daga	Chairman & Whole Time Director	01 April 2027	31 March 2030	3 years
Ms. Bindiya Shyam Agrawal	Non-Executive Non-Independent Director	28 October 2026	27 October 2027	1 year
Mr. K.M. Pai	Independent Director	01 April 2027	31 March 2032	5 years
Mr. Sreeji Kamala Gopinathan	Additional Director (Non-Executive-Independent)	19 May 2026	Date of ensuing AGM	Up to AGM
Mr. Sreeji Kamala Gopinathan	Non-Executive-Independent Director (Post AGM)	19 May 2026	18 May 2029	3 years

All appointments were made following the recommendations of the Nomination and Remuneration Committee. The company confirmed that the appointed directors are not debarred from holding the office of Director pursuant to any SEBI order or other authority. The Board meeting commenced at 12:52 p.m. and concluded at 03:10 p.m. on May 19, 2026.