Orient Technologies Announces 1:10 Bonus Share Issue and Reports Strong Q2 FY26 Results

2 min read     Updated on 11 Nov 2025, 08:26 PM
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Reviewed by
Jubin VergheseScanX News Team
Overview

Orient Technologies Limited has approved a 1:10 bonus share issue and reported robust Q2 FY26 financial results. Revenue from operations grew 22.25% year-on-year to Rs. 272.80 crores, with EBITDA increasing by 5.98%. The company secured several key projects, including a VAT Automation Solution for Maharashtra Government and a Regulatory Reporting Module for a foreign bank. Segmental revenue shows diverse contributions, with Mid-Market & Others leading at 47.40%. The company's focus remains on expanding cloud offerings and data security solutions.

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*this image is generated using AI for illustrative purposes only.

Orient Technologies Limited , a leading end-to-end IT infrastructure services player in India, has announced a series of significant developments, including a bonus share issue and strong financial results for the second quarter of fiscal year 2026.

Bonus Share Issue

The company's Board of Directors has approved the issuance of bonus equity shares in a 1:10 ratio, subject to shareholder approval through postal ballot. For every 10 existing shares of Rs. 10 each, shareholders will receive 1 additional share. The bonus shares will be issued from the company's securities premium account, requiring Rs. 4.16 crores for implementation.

Key Details of the Bonus Issue:

  • Ratio: 1:10 (1 bonus share for every 10 existing shares)
  • Source: Securities premium account as of March 31, 2025
  • Pre-Bonus Paid-up Share Capital: Rs. 41,64,17,420 divided into 4,16,41,742 equity shares
  • Post-Bonus Paid-up Share Capital: Rs. 45,80,59,162 divided into 4,58,05,942 equity shares
  • Estimated Credit/Dispatch Date: On or before January 11, 2025 (subject to approvals)

Q2 FY26 Financial Highlights

Orient Technologies has reported robust financial performance for the quarter ended September 30, 2025:

Metric Q2 FY26 Q2 FY25 Y-o-Y Growth
Revenue from Operations 272.80 223.14 22.25%
EBITDA 21.96 20.72 5.98%
Profit After Tax 14.17 - -
EPS 3.40 - -

H1 FY26 Performance

The company's performance for the first half of FY26 also showed significant growth:

Metric H1 FY26 H1 FY25 Y-o-Y Growth
Revenue from Operations 485.37 371.99 30.48%
EBITDA 39.29 34.37 14.31%
Profit After Tax 24.20 - -
EPS 5.81 - -

Segmental Revenue Contribution (Q2 FY26)

  • Telecommunication: 13.11%
  • BSFI: 14.90%
  • Govt & PSU: 19.65%
  • ITeS: 4.94%
  • Mid-Market & Others: 47.40%

Strategic Wins and Future Outlook

Orient Technologies has secured several key projects and contracts:

  1. Implementation of VAT Automation Solution for the Government of Maharashtra (Rs. 18.69 Crores over five years)
  2. Delivery and management of Regulatory Reporting Module on Cloud for a prominent foreign bank (TCV of approximately Rs. 25 Crores over three years)
  3. Implementation of high-availability technology infrastructure for a global pharmaceutical company (deal value over Rs. 3.75 Crores)
  4. Technology refresh program for a Big Four consulting firm (order valued at Rs. 30 Crores)
  5. Multi-year order from New India Assurance Company Ltd. for network, backup, and storage services (Rs. 30.81 Crores for a three-year contract)

Management Commentary

Mr. Ajay Sawant, Chairman & Managing Director of Orient Technologies Ltd., stated, "We are pleased to report yet another quarter of consistent growth driven by our strong execution capabilities and deep customer partnerships. The 22% year-on-year growth in Q2 underscores the success of our strategic shift towards a services-led model while continuing to strengthen our traditional IT infrastructure business."

Other Developments

The company has announced the resignation of Ms. Nayana Akhil Nair (ACS- 65753) from the position of Company Secretary & Compliance Officer, effective November 30, 2025.

Orient Technologies continues to focus on expanding its cloud offerings and bolstering data security solutions, positioning itself for sustained growth in the rapidly evolving IT services landscape.

Historical Stock Returns for Orient Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-1.80%-10.33%-20.49%+2.79%-18.03%+22.54%
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Orient Technologies Reports 22% Revenue Growth in Q2 FY26, Announces Bonus Share Issue

2 min read     Updated on 11 Nov 2025, 08:24 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Orient Technologies Limited reported a 22.25% year-on-year increase in Q2 FY26 revenue to Rs. 272.80 crore. EBITDA rose to Rs. 21.96 crore, and PAT stood at Rs. 14.17 crore. The company secured several significant projects across various sectors. The board approved a 1:10 bonus share issue, with 41,64,200 new shares to be issued from the securities premium account. Management highlighted consistent growth driven by execution capabilities and customer partnerships, focusing on cloud offerings and data security solutions for future growth.

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*this image is generated using AI for illustrative purposes only.

Orient Technologies Limited , a leading end-to-end IT infrastructure services player in India, has reported a strong financial performance for the second quarter of fiscal year 2026, along with announcing a bonus share issue.

Financial Highlights

Orient Technologies demonstrated robust growth in Q2 FY26:

  • Revenue from operations increased by 22.25% year-on-year to Rs. 272.80 crore, up from Rs. 223.14 crore in Q2 FY25.
  • EBITDA rose to Rs. 21.96 crore, compared to Rs. 20.72 crore in the same quarter last year.
  • Profit After Tax (PAT) stood at Rs. 14.17 crore.
  • Earnings Per Share (EPS) for the quarter was Rs. 3.40.

Half-Year Performance

For the first half of FY26, the company reported:

  • Revenue growth of 30.48% year-on-year, reaching Rs. 485.37 crore.
  • EBITDA of Rs. 39.29 crore, up from Rs. 34.37 crore in H1 FY25.
  • PAT of Rs. 24.20 crore.
  • EPS of Rs. 5.81 for H1 FY26.

Segment-wise Revenue Contribution

The company's revenue for Q2 FY26 was diversified across various sectors:

Sector Contribution
Mid-Market & Others 47.40%
Government & PSU 19.65%
BSFI 14.90%
Telecommunication 13.11%
ITeS 4.94%

Strategic Wins and Project Highlights

Orient Technologies secured several significant projects:

  1. Completed Phase 1 of a VAT Automation Solution for the Government of Maharashtra, valued at Rs. 18.69 crore over five years.
  2. Won a three-year contract with a foreign bank for Regulatory Reporting Module on Cloud, with a Total Contract Value of approximately Rs. 25 crore.
  3. Secured a Rs. 3.75 crore deal with a global pharmaceutical company for implementing high-availability technology infrastructure.
  4. Received a Rs. 30 crore order from a Big Four consulting firm for a technology refresh program.
  5. Awarded a three-year contract worth Rs. 30.81 crore by New India Assurance Company Ltd. for data centre services.

Bonus Share Issue

The company's board has approved a bonus share issue in the ratio of 1:10, meaning shareholders will receive one new equity share for every ten shares held. Key details include:

  • Total number of new shares to be issued: 41,64,200
  • Pre-bonus paid-up share capital: Rs. 41,64,17,420
  • Post-bonus paid-up share capital: Rs. 45,80,59,162
  • The bonus shares will be issued from the company's securities premium account.

Management Commentary

Ajay Sawant, Chairman & Managing Director of Orient Technologies Ltd., stated, "We are pleased to report yet another quarter of consistent growth driven by our strong execution capabilities and deep customer partnerships. The 22% year-on-year growth in Q2 underscores the success of our strategic shift towards a services-led model while continuing to strengthen our traditional IT infrastructure business."

Outlook

Orient Technologies remains focused on innovation, operational excellence, and expanding its footprint across India to sustain growth momentum. The company is particularly emphasizing cloud offerings and data security solutions to address evolving business needs in the rapidly changing IT landscape.

As Orient Technologies continues to pivot towards service and application-oriented businesses, its recent project wins in digital transformation and cloud services indicate a strong positioning in high-growth areas of the IT sector.

The bonus share issue may be seen as a move to reward shareholders and potentially improve stock liquidity. However, investors should note that while bonus shares increase the number of shares held, they do not directly impact the company's fundamental value.

With its diverse client base across various sectors and a growing portfolio of high-value projects, Orient Technologies appears well-positioned to capitalize on the increasing demand for IT infrastructure and digital transformation services in India.

Historical Stock Returns for Orient Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-1.80%-10.33%-20.49%+2.79%-18.03%+22.54%
Orient Technologies
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