Orient Electric Ltd
Orient Electric is one of the leading consumer electrical brands in India with a diverse portfolio of fans, lighting, home appliances and switch-gears. The company takes pride in its R&D capabilities, spirit of continuous innovation and commitment to manufacturing cutting-edge lifestyle electrical products that meet the needs and expectations of modern consumers. [1]
- Market Cap ₹ 4,015 Cr.
- Current Price ₹ 188
- High / Low ₹ 249 / 149
- Stock P/E 39.1
- Book Value ₹ 35.6
- Dividend Yield 0.80 %
- ROCE 19.8 %
- ROE 14.1 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 38.1%
Cons
- The company has delivered a poor sales growth of 10.4% over past five years.
- Company has a low return on equity of 12.4% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Durables Consumer Durables Household Appliances
Part of BSE Consumer Discretionary BSE 1000
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2017 6m | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 216 | 1,600 | 1,864 | 2,062 | 2,033 | 2,448 | 2,529 | 2,812 | 3,094 | 3,326 | |
| 193 | 1,461 | 1,721 | 1,885 | 1,813 | 2,217 | 2,378 | 2,667 | 2,889 | 3,097 | |
| Operating Profit | 24 | 139 | 143 | 177 | 220 | 231 | 151 | 145 | 204 | 229 |
| OPM % | 11% | 9% | 8% | 9% | 11% | 9% | 6% | 5% | 7% | 7% |
| 1 | 3 | 8 | 4 | 6 | 6 | 27 | 33 | 11 | -0 | |
| Interest | 3 | 24 | 23 | 26 | 21 | 20 | 22 | 23 | 24 | 23 |
| Depreciation | 2 | 20 | 23 | 40 | 43 | 47 | 54 | 59 | 79 | 77 |
| Profit before tax | 20 | 98 | 105 | 114 | 162 | 170 | 102 | 96 | 112 | 129 |
| Tax % | 41% | 35% | 34% | 31% | 26% | 25% | 26% | 22% | 26% | 26% |
| 12 | 64 | 69 | 79 | 120 | 127 | 76 | 75 | 83 | 96 | |
| EPS in Rs | 3.02 | 3.27 | 3.71 | 5.64 | 5.97 | 3.56 | 3.53 | 3.90 | 4.49 | |
| Dividend Payout % | 0% | 33% | 31% | 31% | 35% | 34% | 42% | 43% | 38% | 33% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 10% |
| TTM: | 8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -3% |
| 3 Years: | 10% |
| TTM: | 23% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -8% |
| 3 Years: | -5% |
| 1 Year: | -22% |
| Return on Equity | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 15% |
| 3 Years: | 12% |
| Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.05 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 |
| Reserves | 192 | 242 | 285 | 338 | 434 | 520 | 563 | 618 | 673 | 739 |
| 211 | 186 | 135 | 155 | 61 | 68 | 97 | 112 | 86 | 93 | |
| 344 | 359 | 447 | 446 | 645 | 579 | 583 | 700 | 774 | 813 | |
| Total Liabilities | 747 | 808 | 889 | 960 | 1,162 | 1,187 | 1,265 | 1,451 | 1,555 | 1,667 |
| 0 | 106 | 117 | 190 | 186 | 212 | 226 | 236 | 440 | 408 | |
| CWIP | 0 | 5 | 4 | 10 | 11 | 3 | 86 | 225 | 5 | 8 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37 | 14 | 60 |
| 747 | 698 | 768 | 760 | 965 | 972 | 953 | 953 | 1,096 | 1,190 | |
| Total Assets | 747 | 808 | 889 | 960 | 1,162 | 1,187 | 1,265 | 1,451 | 1,555 | 1,667 |
Cash Flows
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 59 | 91 | 132 | 129 | 427 | 11 | 190 | 118 | 88 | 110 | |
| 4 | -22 | -31 | -51 | -151 | 78 | -110 | -171 | -29 | -73 | |
| -40 | -62 | -100 | -103 | -144 | -80 | -66 | -46 | -72 | -57 | |
| Net Cash Flow | 23 | 7 | 1 | -24 | 133 | 10 | 14 | -98 | -13 | -20 |
| Free Cash Flow | 53 | 66 | 98 | 77 | 391 | -31 | 76 | -22 | 33 | 77 |
| CFO/OP | 246% | 84% | 113% | 100% | 213% | 27% | 149% | 85% | 60% | 64% |
Ratios
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 609 | 88 | 77 | 64 | 64 | 58 | 51 | 60 | 60 | 68 |
| Inventory Days | 516 | 73 | 76 | 74 | 64 | 67 | 57 | 59 | 75 | 68 |
| Days Payable | 1,462 | 97 | 101 | 86 | 133 | 93 | 91 | 97 | 104 | 96 |
| Cash Conversion Cycle | -337 | 65 | 52 | 53 | -6 | 33 | 18 | 22 | 31 | 40 |
| Working Capital Days | 1,016 | 28 | 29 | 29 | -2 | 26 | 15 | 13 | 23 | 35 |
| ROCE % | 29% | 29% | 29% | 35% | 34% | 19% | 14% | 18% | 20% |
Insights
In beta| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Number of Retail Outlets Count |
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| Advertisement and Sales Promotion Expense as % of Sales % |
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| Export Presence (Number of Countries) Count |
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| Number of Dealers/Distributors Count |
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| Revenue Mix - Electrical Consumer Durables (ECD) % |
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| Service Network Coverage (Cities) Cities |
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| Premium & Decorative Mix Contribution in Domestic Ceiling Fan % |
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Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 9 May
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
8 May - Audio recording of FY26 and Q4 earnings call available after May 8, 2026 call.
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Re-Appointment Of Internal Auditor And Cost Auditor For The FY 2026-27
8 May - Orient Electric approved FY26 audited results, recommended ₹0.75 final dividend, and reappointed internal and cost auditors.
- Announcement under Regulation 30 (LODR)-Investor Presentation 8 May
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
8 May - Orient Electric reported Q4 FY26 revenue of ₹948 Cr, PAT up 28.9%, and FY26 revenue of ₹3,326.4 Cr.
Annual reports
Concalls
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May 2026TranscriptAI SummaryPPT
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Oct 2019TranscriptAI SummaryPPT
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Aug 2019TranscriptAI SummaryPPT
Parentage[1]
Orient Electric is part of CK Birla Group of companies.