Orient Electric
174.31
+0.19(+0.11%)
Market Cap₹3,719.18 Cr
PE Ratio42.81
Company Performance:
1D+0.11%
1M+5.93%
6M-17.00%
1Y-22.38%
5Y-38.54%
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More news about Orient Electric
04Nov 25
Orient Electric Grants 8.57 Lakh Stock Options to Employees Under ESOP Scheme
Orient Electric Limited has announced a grant of 8,57,200 employee stock options under its Employee Stock Option Scheme-2019. The options have a face value of Re. 1.00 and an exercise price of Rs. 213.52 per option. The vesting schedule is 40% after one year and 60% after two years from the grant date, with a four-year exercise period from respective vesting dates. This move aims to incentivize and retain talent, aligning employee interests with shareholders.
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04Nov 25
Orient Electric Strengthens Leadership with New Senior Management Appointments
Orient Electric Limited has announced changes to its senior management team. Ajay Saraf has been appointed as BU Head - Switchgear and Wires, Aadarsh Rohira as Chief Digital & Information Officer, and Rakesh Sorout as Head Manufacturing Operations. These appointments were approved by the Board of Directors on the recommendation of the Nomination and Remuneration Committee. The new appointees bring extensive experience in their respective fields, including management, digital transformation, manufacturing operations, and process improvement.
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27Oct 25
Orient Electric Reports 6.4% Revenue Growth in Q2 FY26, Led by Lighting and Switchgear Segment
Orient Electric Limited reported a 6.4% year-on-year increase in consolidated revenue to INR 703.00 crores for Q2 FY26. The Lighting and Switchgear segment led with 18.6% growth. EBITDA rose 6.4% to INR 38.00 crores, maintaining a 5.4% margin. Profit after tax increased by 15.5% to INR 12.00 crores. The company expanded its direct-to-market footprint and service network. Premium products, especially in lighting and fans, drove growth. BLDC fans grew 40% year-on-year, contributing to 30% of domestic ceiling fan sales. The company remains optimistic about future growth, citing festive season demand and regulatory changes favoring energy-efficient products.
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20Oct 25
Orient Electric Maintains Margin Target Despite Q2 Dip, Plans Fan Price Hike
Orient Electric reported a Q2 gross margin of 31.50%, slightly below its 32-34% target range. Despite this, the company maintains its margin target. To address new BEE Star Rating requirements, Orient Electric plans to increase fan prices by 3-4%. This move aims to adapt to regulatory changes and potentially protect profit margins.
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17Oct 25
Orient Electric Focuses on Premium Products and Emerging Categories for Growth
Orient Electric Limited reported a 6.4% year-on-year increase in revenue to ₹703.00 crore for Q2 FY26. Profit After Tax rose by 15.5% to ₹12.10 crore. The Lighting and Switchgear segment grew by 18.6%, while Electrical Consumer Durables remained flat. The company focused on premium products, cost efficiency, digital channels, and distribution expansion. The 'Spark Sanchay' program yielded ₹24.00 crore in savings for H1 FY26. New product developments contributed over 34% to fan sales.
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17Oct 25
Orient Electric Reports 6.4% Revenue Growth in Q2 FY26, Lighting Segment Shines
Orient Electric Limited announced Q2 FY26 results with revenue of Rs 702.61 crore, up 6.4% YoY. Net profit increased by 15.5% to Rs 12.06 crore. The Lighting and Switchgear segment grew by 18.6%. For H1 FY26, revenue grew 4% to Rs 1,471.69 crore, with net profit up 19.4% to Rs 29.58 crore. The company faced challenges from GST reforms and unfavorable weather but remains confident about future growth. A GST demand of Rs 51.59 crore is being contested.
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05Aug 25
Orient Electric Faces Arbitration Proceedings from Comfort and Flora
Orient Electric Limited has received notices initiating arbitration proceedings from Comfort Intech Limited and Flora Fountain Properties Limited. The arbitration, invoked on August 4, 2025, is based on an alleged breach of terms in the Vendors Agreement dated April 20, 2024. Orient Electric does not expect material financial impact and is taking steps to protect its interests. The quantum of claims is yet to be determined.
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31Jul 25
Orient Electric Reports 2% Revenue Growth to ₹769 Crores in Q1 Despite Weather Headwinds
Orient Electric achieved a 2% year-on-year revenue growth to ₹769.00 crores in Q1, despite weather-related disruptions. EBITDA increased by 15% to ₹46.00 crores, with margins expanding to 6.00%. The Lighting & Switchgear segment grew by 7%, while the Electrical Consumer Durables segment remained stable. BLDC fan sales grew over 50%, offsetting declines in cooler sales. The company expanded its retail network and remains optimistic about future growth.
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25Jul 25
Orient Electric Reports 22% Jump in Q1 Profit, Appoints Deloitte as Internal Auditor
Orient Electric Limited announced its Q1 FY2026 results, showing a 1.9% increase in revenue to ₹769.08 crore and a 22% rise in net profit to ₹17.52 crore compared to Q1 FY2025. The company's earnings per share improved from ₹0.67 to ₹0.82. The Electrical Consumer Durables segment generated ₹545.00 crore, while the Lighting & Switchgear segment reported ₹224.08 crore in revenue. The company faces ongoing GST disputes totaling ₹63.20 crores across multiple states but believes it has a strong case.
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28Apr 25
Orient Electric Reports 9.4% Revenue Growth in Q4, Lighting and Switchgears Segment Shines
Orient Electric's Q4 revenue increased by 9.40% year-over-year to Rs 8.60 billion. The Lighting and Switchgears segment grew by 12.50%, while the Fans segment achieved high single-digit growth. The company gained approximately 200 basis points in B2C lighting market share, accompanied by high double-digit volume growth.
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25Apr 25
Orient Electric Reports 144% Surge in Q4 Net Profit, Driven by Strong Fan and Air Cooler Demand
Orient Electric Limited reported a significant boost in its Q4 FY2024-25 financial performance. Net profit more than doubled to 31.26 crore rupees, a 144% increase year-on-year. Revenue from operations grew by 9.4% to 862.00 crore rupees. EBITDA improved by 18.2% to 62.90 crore rupees. For the full fiscal year 2024-25, total revenue increased by 10% and net profit by 10.5%. The company declared a final dividend of 0.75 rupees per share, bringing the total annual dividend to 1.50 rupees per share.
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Orient Electric
174.31
+0.19
(+0.11%)
1 Year Returns:-22.38%
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