Orbit exports Limited has announced the establishment of its wholly owned subsidiary in Dubai, marking a significant expansion into the UAE market. The company disclosed this development through a regulatory filing dated March 06, 2026, pursuant to SEBI listing regulations.

Subsidiary Incorporation Details

The new subsidiary, Orbit Elegance Trading L.L.C., has been incorporated in Dubai with specific operational parameters:

Capital Structure and Investment

Orbit Exports has committed to a 100% equity stake in the subsidiary through cash subscription. The capital structure reflects a focused investment approach:

Business Operations and Industry Focus

The subsidiary will operate in the textile and apparel trading industry, directly aligning with Orbit Exports' main line of business. This strategic alignment ensures operational synergies and leverages the parent company's existing expertise in textile operations.

Key operational aspects include:

• Primary focus on textile and apparel trading
• Operations based in Dubai, UAE
• Commercial operations yet to commence as of the disclosure date
• No turnover recorded for FY 2024-2025 due to recent incorporation

Regulatory Compliance and Timeline

The incorporation process followed a structured timeline with key regulatory milestones. The Memorandum of Association was executed on December 24, 2025, followed by the issuance of the trade license on January 10, 2026. The company has fulfilled all disclosure requirements under Regulation 30 of SEBI listing regulations.

Strategic Implications

This subsidiary establishment represents Orbit Exports' strategic expansion into the UAE market, providing direct access to Middle Eastern trading opportunities. The investment amount of AED 10,000 reflects a measured approach to international expansion while maintaining full operational control through 100% ownership.

Orbit Exports Limited has published its Q3FY26 quarterly results for the quarter and nine months ended December 31, 2025, under Regulation 33 of SEBI LODR Regulations, 2015. The company's board meeting held on January 30, 2026, resulted in the approval of unaudited financial statements showing steady performance with revenue growth and improved EBITDA.

Q3FY26 Financial Performance

The company delivered mixed results with revenue expansion and EBITDA growth while maintaining consistent profit levels. The consolidated financial statements reflect the company's operational performance across its business segments.

Revenue and EBITDA Analysis

Orbit Exports achieved a revenue increase of ₹23M compared to the same quarter in the previous year, representing a 4.3% year-on-year growth. The company's EBITDA improved to ₹118M from ₹116M in the corresponding quarter last year, marking a growth of ₹2M.

However, the EBITDA margin experienced a slight decline from 21.95% to 21.32%, indicating marginally higher operational costs relative to revenue growth. Despite this compression, the company maintained healthy profitability metrics.

Regulatory Compliance and Publication

The financial results were formally considered and approved during the board meeting held on January 30, 2026. Following regulatory requirements under SEBI LODR Regulations, 2015, the company has published the unaudited financial results in newspapers including Business Standard and Mumbai Lakshadeep.

Document Submission and Transparency

The company has submitted newspaper clippings of the publication to both National Stock Exchange of India Limited and BSE Limited, maintaining transparency and regulatory compliance. The complete financial results along with limited review reports are available on the company's website and stock exchange platforms for investor access.

The announcement maintains the company's commitment to transparent financial reporting and regulatory compliance, providing stakeholders with comprehensive access to financial performance data including operational metrics and governance updates.