Orient Electric has submitted copies of the newspaper advertisements published on June 12, 2026, regarding its 10th Annual General Meeting (AGM). The notices were published in the Financial Express (English) and Odisha Bhaskar (Odiya) to provide intimation of the meeting. This disclosure was made to the National Stock Exchange of India Limited and BSE Limited pursuant to Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company has previously fixed Friday, July 10, 2026, as the record date for the payment of a final dividend of ₹0.75 per share. The Board of Directors recommended this dividend, which amounts to 75% of the face value of ₹1 each, for the financial year ended March 31, 2026. The payout is scheduled to be made through electronic bank transfer on or before Friday, August 21, 2026, subject to approval by members at the AGM.

The 10th AGM is scheduled to be held on Wednesday, July 22, 2026, at 3:30 p.m. IST via Video Conferencing (VC) or Other Audio Visual Means (OAVM). To determine eligibility for electronic voting on the resolutions, the company has established Wednesday, July 15, 2026, as the cut-off date. Members whose names appear in the Register of Members or as Beneficial Owners on this date will be entitled to cast their votes.

Pursuant to Section 393(1) of the Income-Tax Act, 2025, dividends are taxable in the hands of shareholders. The company will deduct tax at source (TDS) at the time of payment if the dividend is approved. No TDS will be deducted if the aggregate dividend does not exceed ₹10,000, provided the shareholder's PAN is not inoperative. Non-resident members may avail beneficial tax treaty rates by submitting necessary documents, such as a Tax Residency Certificate, by July 10, 2026.

The company has also informed shareholders about a Special Window for the transfer and dematerialisation of physical securities. This window is open from February 5, 2026, to February 4, 2027, facilitating the transfer of shares sold or purchased prior to April 1, 2019. Securities transferred under this scheme will be mandatorily credited in demat mode and subject to a one-year lock-in from the date of registration.

Key AGM and Dividend Details

Orient Electric Limited reported its audited financial results for the quarter and financial year ended March 31, 2026, approved at the Board of Directors meeting held on May 8, 2026. The results were subsequently published as a newspaper advertisement in Financial Express (National English Daily) and Odisha Bhaskar (Odisha daily) on May 9, 2026, under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company delivered a strong full-year performance, with net profit rising to ₹95.84 crores from ₹83.21 crores in the previous year, while revenue from operations grew to ₹3,326.39 crores from ₹3,093.68 crores. The Board recommended a final dividend of ₹0.75 (@ 75%) per equity share of face value ₹1 each for FY2025-26, subject to shareholder approval. Including the interim dividend of ₹0.75 (@ 75%) per share declared earlier, the total dividend for FY2025-26 stands at ₹1.50 (@ 150%) per equity share. In continuation to its earlier filing dated May 4, 2026, the company also informed exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that the audio recording of the earnings call held on Friday, May 8, 2026 at 4:00 PM (IST) is now available on the company's website.

Financial Performance Overview

The company's audited financial results reflect consistent growth across key metrics. Q4 FY26 saw net profit rise to ₹40.28 crores from ₹31.26 crores YoY, while EBITDA grew to ₹77.40 crores from ₹66.80 crores YoY, with EBITDA margin improving to 8.2% from 7.8% YoY. Revenue for Q4 FY26 stood at ₹948.25 crores compared to ₹861.85 crores in the same period last year. Gross profit for Q4 stood at ₹293.70 crores against ₹271.00 crores in Q4 FY25, with gross margin at 31.0%. The working capital cycle stood at 31 days, while net cash improved to ₹67 crores. The following table summarises the key financial highlights:

*Before Exceptional items

Management Commentary

Commenting on the results, Ravindra Singh Negi, MD & CEO, Orient Electric Limited, said, "In a quarter shaped by geopolitical uncertainties leading to supply chain disruptions, cost escalations and softer demand, we delivered a strong Q4 performance with improved revenue and profitability, reflecting disciplined execution in a challenging environment. Our 10% topline growth underscores our ability to sustain momentum despite these headwinds. This was driven by robust execution of our multi-engine growth strategy, with Consumer Lighting, Switchgear and Wires leading the growth, and our Fans business performing better than the market. We also took timely pricing actions to mitigate cost pressures, supported by focused cost optimisation, enabling EBITDA growth of 15.8% and PAT growth of 28.9% YoY."

Negi further added, "Innovation remains the bedrock of our strategy, with market first launches such as Aero O2 and increasing premiumisation in Lighting, with a higher mix of LUM products driving portfolio quality. We close the year with consistent progress on our 'One Orient' strategy. Over the year, we have demonstrated our ability to outperform in a challenging operating environment by strengthening our core, scaling emerging businesses, and improving profitability in a disciplined manner."

Segment-Wise Performance

Orient Electric operates through two reportable segments — Electrical Consumer Durables (ECD) and Lighting & Switchgear. Both segments recorded revenue growth for the full year, with the Lighting & Switchgear segment demonstrating particularly strong growth of 16% YoY in Q4 FY26. In the ECD segment, BLDC fans grew more than 50% YoY, premium products accounted for approximately 35% of domestic ceiling fan mix, and DTM states delivered double-digit growth. The Lighting & Switchgear segment saw overall EBIT margins expand by 160 bps, with wires revenue doubling and Switchgear & Switches sustaining double-digit growth. The following table details segment-wise performance:

The segment EBIT margins for Q4 FY26 further reflect the operational momentum across both divisions. The following table presents the quarterly EBIT and EBIT margin trajectory:

Strategy & Innovation Highlights

Orient Electric's multi-engine growth strategy continued to drive diversification across categories during Q4 FY26. The Sanchay cost-efficiency program delivered ₹68 crores in savings for FY26, while cumulative pricing actions of approximately 4% were taken across categories to partially offset input-cost inflation. New Product Development (NPD) contributed approximately 23% to fans revenues, with BLDC fans growing more than 50% YoY. Luminaires mix stood at 68% (+500 bps YoY), driven by premiumisation and new product launches. On the distribution front, approximately 2,800 new retailers were added under the DTM expansion initiative, while e-commerce and exports maintained double-digit growth momentum. The company also scaled up its presence on Bigbasket and enhanced its Samvad service platform with AI-led capabilities under deployment. Reflecting its design excellence, Orient Electric received the Red Dot Winner 2026 recognition for three award-winning product designs in a single year — Aerosilent, Ecotech Slim, and Instaflo Neo.

New Product Launches

The company introduced several new products across categories during the period. Key launches included the following:

Balance Sheet, Cash Flow & Key Ratios

As at March 31, 2026, total assets stood at ₹1,666.61 crores compared to ₹1,554.68 crores as at March 31, 2025. Total equity improved to ₹760.10 crores from ₹694.30 crores. Net cash improved to ₹67 crores from ₹52 crores, with cash and bank balance at ₹93 crores and borrowings at ₹26.41 crores. On the cash flow front, net cash flow from operating activities for FY26 was ₹110.02 crores, up from ₹85.91 crores in FY25. Key financial ratios for FY26 reflect improved operational efficiency, as detailed below:

Shareholding Pattern

As at March 31, 2026, the shareholding pattern of Orient Electric was as follows:

The total number of shares outstanding stood at 21.34 crores, with a market capitalisation of ₹3,335 crores as at March 31, 2026.

Exceptional Items & Other Developments

During the year, two exceptional items were recognised. Pursuant to the notification issued by the Ministry of Labour and Employment consolidating multiple labour legislations into four Labour Codes effective November 21, 2025, an incremental liability of ₹8.65 crores was recognised as an exceptional item in Q3 FY26. Additionally, pursuant to Board approval for consolidation of manufacturing facilities at Noida (U.P.), a loss of ₹1.51 crores was recognised in Q4 FY26 arising from write-down of capital assets to their Net Realizable Value (NRV), disclosed as an exceptional item, with these assets classified as 'Asset held for sale' in the balance sheet as at March 31, 2026. The total exceptional items for FY26 amounted to ₹10.16 crores. The Board also approved the re-appointment of M/s Deloitte Touche Tohmatsu India LLP as Internal Auditor and Mr. Somnath Mukherjee (Membership No. 5343) as Cost Auditor of the Company for FY 2026-27. The statutory auditors S.R. Batliboi & Co. LLP issued an audit report with an unmodified opinion on the audited financial results.