Orient Technologies Reports 22.25% Revenue Growth in Q2 FY26, Eyes SOC Commercialization

2 min read     Updated on 18 Nov 2025, 08:13 PM
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Ashish ThakurScanX News Team
Overview

Orient Technologies Limited reported robust Q2 FY26 results with revenue of Rs. 272.80 crores, up 22.25% YoY. H1 FY26 revenue grew 30.48% to Rs. 485.37 crores. The company secured significant deals across sectors, including a Rs. 30.81 crore contract from New India Assurance. Their Security Operations Center is nearing commercialization. Orient Technologies expects continued double-digit revenue growth and announced a 1:10 bonus share issue.

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

Orient Technologies Limited has reported a strong financial performance for the second quarter of fiscal year 2026, with significant revenue growth and strategic wins across various sectors. The company is also on track to commercialize its Security Operations Center (SOC) in the near future.

Financial Highlights

Orient Technologies delivered robust financial results for Q2 FY26:

Metric Q2 FY26 YoY Growth
Revenue Rs. 272.80 crores 22.25%
EBITDA Rs. 22.27 crores -
Profit Before Tax Rs. 19.18 crores -
Profit After Tax Rs. 14.16 crores -
EPS Rs. 3.40 -

For the first half of FY26, the company reported:

Metric H1 FY26 YoY Growth
Revenue Rs. 485.37 crores 30.48%
EBITDA Rs. 39.29 crores -
Profit Before Tax Rs. 33.31 crores -
Profit After Tax Rs. 24.20 crores -
EPS Rs. 5.81 -

Segmental Revenue Mix (Q2 FY26)

  • Telecommunication: 13.11%
  • BFSI: 14.90%
  • Government/PSU: 19.65%
  • ITES: 4.94%
  • Mid-market and others: 47.40%

Strategic Wins and Operational Highlights

Orient Technologies secured several notable deals during the quarter:

  1. A Rs. 3.75 crore contract from a global pharmaceutical company for implementing high-availability technology infrastructure using Dell's Azure Stack.
  2. A Rs. 30.00 crore order from a Big Four consulting firm for a technology refresher program.
  3. A multi-year contract worth Rs. 30.81 crores from New India Assurance for network, backup, and storage solutions across its data centers.
  4. Successful completion of phase one of the VAT automation solution for the Government of Maharashtra, valued at Rs. 18.69 crores over five years.
  5. Partnership with a prominent foreign bank to deliver and manage its regulatory reporting module on the cloud.

Security Operations Center (SOC) Update

The company's SOC is in advanced stages of operational readiness, with core infrastructure, tools, and monitoring framework fully deployed. Orient Technologies expects to begin commercializing the SOC and generating revenues from the latter half of Q3 or early Q4 of FY26.

Future Outlook

Orient Technologies remains confident about maintaining strong double-digit revenue growth for FY26, driven by robust demand across digital, cloud, and managed services. The company anticipates gradual margin improvement in Q4 as set-up costs taper and services-led revenues scale up.

Bonus Share Issue

In a separate development, Orient Technologies has announced a bonus share issue in the ratio of 1:10, subject to shareholder approval. This move aims to reward shareholders, increase liquidity, and expand the company's member base.

Orient Technologies continues to focus on digital transformation, offering solutions in cloud services, cybersecurity, managed IT services, financial management, and business intelligence. The company is well-positioned to capitalize on the growing demand for IT services in India's rapidly digitalizing economy.

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 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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