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:

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.

Orient Technologies Limited has announced a strategic move to potentially acquire stakes in three private companies, marking a significant expansion in its IT and telecommunications portfolio. The board of directors approved the proposal during a meeting held on October 16, 2025, as disclosed in a regulatory filing.

Acquisition Details

The proposed acquisition involves three target companies:

The total acquisition cost amounts to ₹971.00 crores, to be paid in cash consideration.

Strategic Alignment

The acquisition aligns with Orient Technologies' strategic goal of expanding its presence in key areas:

• IT Hardware & Networking Solutions
• Telecommunications & IT Infrastructure Services
• Software Development & IT Services

By leveraging the expertise of the acquired companies, Orient Technologies aims to enhance its security service offerings and strengthen its market position.

Target Companies' Profiles

Athena IT & Telecom Private Limited

• Business: Sale of hardware products, Meraki licenses, consulting, and business services
• Incorporation Date: June 29, 2009
• Recent Turnover (2024-25): ₹23.43 crores

AIT Internet Services Private Limited

• Business: Erection, Commission and Installation, Internet Telecommunication Service, IT Software Service
• Incorporation Date: July 21, 2014
• Recent Turnover (2024-25): ₹10.11 crores

Red Hut Innovation Technology Private Limited

• Business: Software publishing, consultancy, and supply of ready-made software
• Incorporation Date: October 10, 2013
• Recent Turnover (2024-25): ₹8.33 crores

Transaction Timeline

The acquisition is expected to be completed within 30 days, subject to mutual agreement on definitive terms between the parties involved.

Regulatory Compliance

Orient Technologies has stated that the acquisition does not fall under related party transactions and does not require any governmental or regulatory approvals.

This strategic move by Orient Technologies demonstrates the company's commitment to expanding its technological capabilities and market reach in the IT and telecommunications sectors. The successful completion of these acquisitions may position the company for enhanced growth and competitiveness in the rapidly evolving tech landscape.