NSE: ORIENTELEC · BSE: 541301 · ISIN INE142Z01019
Orient Electric Limited stock analysis
Orient Electric Limited ranks #1426 in the TickerSutra evidence-ranked universe with a score of 53/100 and 95% data confidence. The latest captured fundamentals show ROCE of 19.9%, quarterly sales growth of 23.5% and quarterly profit growth of 95.6%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Low debt/equity of 0.12×
- Institutional ownership is rising
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- CFO/EBITDA is below 0.6×
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹2,448cr | ₹231cr | ₹127cr | 9.0% |
| 2023 | ₹2,529cr | ₹151cr | ₹76cr | 6.0% |
| 2024 | ₹2,812cr | ₹145cr | ₹75cr | 5.0% |
| 2025 | ₹3,094cr | ₹204cr | ₹83cr | 7.0% |
| 2026 | ₹3,326cr | ₹229cr | ₹96cr | 7.0% |
| TTM | ₹3,507cr | ₹250cr | ₹110cr | 7.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Please refer the enclosed attachment.
RoutineTrading WindowBSE · 23 Sept 2026Orient Electric Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
RoutineAppointmentBSE · 14 Sept 2026Orient Electric Limited has informed the Exchange regarding Appointment of Ms. Sandhya Biswas as Chief Marketing and Customer Experience Officer - Senior Management Personnel w.e.f. September 14, 2026.
RoutineAppointmentBSE · 10 Sept 2026Orient Electric Limited has informed the Exchange regarding Appointment of Mr. Deepankar Bhattacharjee as Head - Internal Audit & Senior Management Personnel of the company w.e.f. September 10, 2026.
MANAGEMENT COMMENTARY
Signals from filed documents
Orient Electric Limited July 22, 2026 Page 3 of 15 Importantly, our emerging growth engines continue to scale, improving the quality and resilience of growth across lighting, switchgear and wires portfolio. Lighting and Switchgear remained a structural growth engine, delivering 25.4% year-on-year revenue growth, driven by distribution expansion, portfolio premiumization and steady market share gains in consumer light
But structurally, I think on the B2C side, I can be very confident that we've done better than mark-to-market performance. And this is not only for this quarter for about last 10, 12 quarters, we've been much sharper, much better than the industry, while the industry was going through price erosions led decline, we were the only ones who were swimming against the tide. So we continue to focus on lighting, and that's
FY 2025-26 marked meaningful progress across capability and capacity. During FY 2025-26, the Company strengthened its manufacturing and operational capabilities through targeted investments in backward integration, digitalisation, and sustainability initiatives to enhance efficiency, quality, and operational resilience. At the Faridabad facility, initiatives included commissioning of a backward integrated paint shop,
Our approach is to build brand strength through consistent, connected interventions, enabling us to extend trust from our core business into newer categories. 7.5% Revenue growth 15.2% Growth in Profit After Tax 23% Export Growth Strengthening international footprint Orient Electric Limited Annual Report 2025-26 14 15 STATUTORY REPORTSCORPORATE OVERVIEW FINANCIAL STATEMENTS Expanding Reach Through Multiple Channels M
Orient Electric Limited July 22, 2026 Page 4 of 15 Gross margin for the quarter moderated to 29.8%, impacted by commodity price inflation. Despite this pressure, our operating leverage and disciplined cost management helped us deliver an improvement in EBITDA margin to 7%, an improvement of 102 basis points year - on-year. PBT after exceptional item was INR42.5 crores, up 79.4% year -on-year, while PAT stood at INR31
Building distribution as a sustained competitive moat remains central through DTM expansion, our fast -growing e-comm and quickcom presence and a stronger service and digital ecosystem. With our consumer -led thinking getting deeply rooted in our ways of working, we are confident that we will continue to improve our brand value proposition, enhance our customer preference. With the festive buildup ahead, improving co
Ravindra Singh Negi: Keshav, thank you. As I said, we've taken calibrated cost price increases. Yes, the inflation has been much higher than what increases we've taken and we've taken slightly higher than the industry.
Our e-com business scaled, delivering double -digit growth, supported by a stronger assortment and healthy consumer traction. Our export business also grew by double digit, expanding deeper into international markets. Operational discipline remained central to our approach.
Its focus on design led innovation received global validation during the year, with its ceiling fan designs being recognised with the prestigious Red Dot Design Award, reinforcing the increasing role of aesthetics and user centric design in consumer purchase decisions. Continued investments in R&D and industrial design remain central to the Company’s strategy, supporting the launch of energy efficient, feature led an
Operational discipline remained central to our approach. In the context of commodity inflation, we implemented calibrated price actions during the quarter across all segments and categories. Our Project Sanchay program continued to deliver tangible benefits, translating into INR10 crores of cost saving in Q1.
Management expects continued momentum across categories, backed by distribution deepening, digital push, and new product launches. Premiumisation and energy efficient offerings should drive margin improvement as demand recovers across urban and semi-urban markets. Risk Description Risk Mitigation Market Risk Shifts in consumer demand and competitive pressures continue to weigh on margins, compounded by raw material p
While the India story remains supported by strong structural drivers such as urbanisation, infrastructure development and rising aspirational consumption, the operating landscape remained dynamic and, at times, challenging. The year was marked by geopolitical uncertainties, volatility in commodity and energy prices and regulatory transitions. These factors exerted pressure across the sector, particularly on input cos
MANAGEMENT PROMISE LEDGER
Quantified statements on the clock
“We've been mitigating them, and that's what is reflecting in our gross margin. Moving forward, I had already given a guidance of saying ideally, we would like to be in the 32% to 34% gross margin range. But it all depends, and this is on a BAU condition, but the times that we're dealing in or right now managing the business, they are extremely volatile.”
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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