Orient Technologies Schedules Post-Results Conference Call for February 19, 2026

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Key Highlights

Orient Technologies Limited has scheduled a post-results conference call for February 19, 2026 to discuss Q3FY26 financial performance, which showed mixed results with revenue decline to Rs. 19,823.03 crore and net loss of Rs. 1,495.60 crore. The company also announced significant corporate developments including CEO resignation and IPO proceeds extension plans.

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Orient Technologies Limited announced its unaudited financial results for the quarter ended December 31, 2025, alongside significant corporate developments including CEO resignation and plans for IPO proceeds extension timeline. The company has now scheduled a post-results conference call to discuss these developments with investors and analysts.

Q3FY26 Financial Performance

The company reported mixed financial performance for the quarter, with revenue declining compared to the previous quarter but showing growth year-over-year:

Metric: Q3FY26 Q2FY26 Q3FY25 Change (YoY)
Revenue from Operations: Rs. 19,823.03 crore Rs. 27,280.46 crore Rs. 20,685.63 crore -4.17%
Net Loss: Rs. 1,495.60 crore Rs. 1,417.37 crore profit Rs. 1,265.61 crore profit Loss
Basic EPS: Rs. (3.27) Rs. 3.09 Rs. 3.01 Negative

For the nine-month period ended December 31, 2025, the company achieved revenue of Rs. 68,359.76 crore with a net profit of Rs. 924.45 crore, compared to Rs. 57,884.75 crore revenue and Rs. 3,698.92 crore profit in the corresponding period last year.

Post-Results Conference Call Details

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company will host a post-results conference call to discuss the Q3FY26 financial performance:

Parameter: Details
Date and Time: Thursday, February 19, 2026 at 05:00 PM IST
Primary Dial-in: +91 22 6280 1341/ +91 22 7115 8242
USA Toll Free: 18667462133
UK Toll Free: 08081011573
Singapore Toll Free: 8001012045
Hong Kong Toll Free: 800964448

The conference call will be represented by Mr. Ajay Sawant (Chairman & Managing Director), Mr. Shrihari Bhat (Chief Executive Officer), and Mr. Gaurav Modi (Chief Financial Officer).

Exceptional Items Impact

The company reported exceptional items totaling Rs. 1,923.53 crore during the quarter, comprising:

Component: Amount (Rs. Crore) Reason
Customer Loss Impact: Rs. 1,515.09 Unamortized cloud marketplace costs
Labour Code Compliance: Rs. 334.97 Gratuity impact
Compensated Absences: Rs. 73.47 Long-term benefit changes

The customer loss relates to significant cloud-based marketplace support costs that were expected to be amortized over revenue cycles but became unrecoverable after relationship discontinuation.

Leadership Changes and Corporate Developments

The Board of Directors approved several key decisions during their meeting held on February 13, 2026:

Development: Details
CEO Resignation: Mr. Shrihari Kishor Bhat resigns effective April 29, 2026
Interim Appointment: Ms. Renuka Patel appointed as Company Secretary
IPO Extension: Postal ballot notice for proceeds utilization extension to March 31, 2027
Bonus Shares: 1:10 bonus share ratio approved for January 5, 2026 record date

IPO Proceeds Utilization Status

The company's IPO proceeds utilization shows significant pending deployment:

Object: Allocated (Rs. Crore) Utilized (Rs. Crore) Remaining (Rs. Crore)
Capital Expenditure: 79.65 18.41 61.24
Office Premise Acquisition: 10.35 10.35 0.00
General Corporate Purposes: 17.93 17.93 0.00
Issue Expenses: 12.07 7.73 4.34
Total: 120.00 54.42 65.58

The unutilized funds of Rs. 65.58 crore are deployed in fixed deposits with Citi Bank (Rs. 35.00 crore at 4.00%) and ICICI Bank (Rs. 30.00 crore at 5.85%), with remaining amounts in monitoring accounts.

Historical Stock Returns for Orient Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+0.33%+3.18%-6.45%-14.58%-45.99%-15.04%

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1 Year Returns:-45.99%