Orient Technologies FY26 profit falls 94% to ₹279 lakh
Orient Technologies Limited reported a 94% decline in net profit to ₹278.81 lakh for FY26, impacted by exceptional items of ₹2,368.33 lakh. Revenue from operations increased to ₹86,493.19 lakh from ₹83,953.06 lakh in the previous year. The company secured strategic wins across BFSI and public sectors, with an FY27 order book of ₹400 crore.

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Orient Technologies Limited reported a 94% decline in its net profit for the financial year ended March 31, 2026, primarily due to exceptional items and increased costs. The company's board approved the audited standalone and consolidated financial results for the year during a meeting held on May 27, 2026. The statutory auditors, Kirtane & Pandit LLP, issued an unmodified opinion on the results.
The standalone financial results show a net profit of ₹278.81 lakh for FY26, a significant decrease from ₹5,043.65 lakh in the previous year. Revenue from operations for the year rose to ₹86,493.19 lakh from ₹83,953.06 lakh in FY25. However, the company recorded exceptional items amounting to ₹2,368.33 lakh, largely attributed to the loss of a major customer and provisions for new labour codes. For the quarter ended March 31, 2026, the company reported a net loss of ₹645.63 lakh compared to a profit of ₹1,343.73 lakh in the same period last year.
Key Financial Metrics
| Metric | FY26 (₹ in lakh) | FY25 (₹ in lakh) |
|---|---|---|
| Revenue from Operations | 86,493.19 | 83,953.06 |
| Total Income | 87,066.56 | 84,628.66 |
| Total Expenses | 84,190.95 | 77,827.01 |
| Net Profit for the Year | 278.81 | 5,043.65 |
| Basic EPS | 0.61 | 11.01 |
Strategic Wins and Order Book
During FY26, Orient Technologies secured strategic customer wins across BFSI, public sector, and enterprise segments. The order book for FY27 stands at approximately ₹400 crore. Key engagements include a public sector storage and data infrastructure project valued at approximately ₹26 crore, an enterprise technology infrastructure engagement in the BFSI sector worth approximately ₹22 crore, and a Device-as-a-Service (DaaS) engagement valued at approximately ₹15 crore. Additionally, the company secured an enterprise infrastructure modernization project in the aviation sector valued between ₹8.5 crore and ₹9 crore.
Segmental Revenue
The contribution to revenue from operations for each vertical for FY26 is as follows:
- Telecommunication: 13.3%
- BSFI: 20.9%
- Govt & PSU: 18.0%
- ITeS: 19.3%
- Mid-Market & Others: 28.5%
The board also approved the re-appointment of M/s Santosh Ghag & Co. as the internal auditors for the financial year 2026-27. In a significant management change, Mr. Gourav Modi, Chief Financial Officer, resigned from his position effective June 25, 2026, due to personal reasons. The board accepted his resignation and recorded its appreciation for his contributions.
The company's assets stood at ₹56,442.33 lakh as of March 31, 2026, compared to ₹52,500.51 lakh in the previous year. Cash and cash equivalents decreased to ₹6,250.66 lakh from ₹11,407.55 lakh, primarily due to investing and financing activities. The trading window for designated persons will reopen on May 30, 2026.
Historical Stock Returns for Orient Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.37% | -3.94% | -17.64% | -16.02% | -22.26% | -7.84% |
How does Orient Technologies plan to mitigate the financial impact of the lost major customer and prevent similar revenue concentration risks in the future?
What is the expected timeline for the new CFO appointment, and how will the leadership transition affect the execution of the ₹400 crore order book?
Will the provisions for new labour codes result in recurring operational cost increases, or are they one-time adjustments for FY26?


































