Orient Technologies has secured a purchase order valued at ₹76,20,00,000 from the National Payments Corporation of India for the supply of servers. The deal, announced on July 24, 2026, reinforces the company's standing in the IT infrastructure sector and its ability to execute large-scale technology projects. This order adds substantial revenue visibility and validates the firm's capabilities in delivering enterprise-grade hardware solutions to major financial market utilities.

The company disclosed the award pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was submitted to both the Bombay Stock Exchange and the National Stock Exchange of India Limited. The details were further aligned with Clause 08 of Para B of Part A of Schedule III of the Listing Regulations, read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Contract Specifications

The agreement is classified as a domestic order with no related-party involvement. The National Payments Corporation of India awarded the contract to Orient Technologies Limited, confirming that neither the promoter group nor any group companies have an interest in the entity awarding the order. The following table outlines the key terms of the contract:

Execution and Support Terms

The scope of work involves the provision of servers accompanied by End of Sale support. A key feature of this contract is the inclusion of a seven-year warranty period, supported by back-to-back warranty coverage from the Original Equipment Manufacturer (OEM). The company is required to complete the execution of this order within 18 weeks from the date of award. Ajay Baliram Sawant, Chairman and Managing Director of Orient Technologies Limited, signed the disclosure on behalf of the company.

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

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.