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 ₹ 4,957 Cr.
- Current Price ₹ 232
- High / Low ₹ 297 / 177
- Stock P/E 59.6
- Book Value ₹ 32.5
- Dividend Yield 0.65 %
- ROCE 17.8 %
- ROE 12.5 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company has been maintaining a healthy dividend payout of 41.0%
Cons
- Stock is trading at 7.14 times its book value
- The company has delivered a poor sales growth of 8.45% over past five years.
- Company has a low return on equity of 12.1% 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
Sector: Consumer Durables Industry: Domestic Appliances
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 | |
---|---|---|---|---|---|---|---|---|---|
216 | 1,600 | 1,864 | 2,062 | 2,033 | 2,448 | 2,529 | 2,812 | 3,094 | |
193 | 1,461 | 1,721 | 1,885 | 1,813 | 2,217 | 2,378 | 2,667 | 2,890 | |
Operating Profit | 24 | 139 | 143 | 177 | 220 | 231 | 151 | 145 | 204 |
OPM % | 11% | 9% | 8% | 9% | 11% | 9% | 6% | 5% | 7% |
1 | 3 | 8 | 4 | 6 | 6 | 27 | 33 | 12 | |
Interest | 3 | 24 | 23 | 26 | 21 | 20 | 22 | 23 | 24 |
Depreciation | 2 | 20 | 23 | 40 | 43 | 47 | 54 | 59 | 79 |
Profit before tax | 20 | 98 | 105 | 114 | 162 | 170 | 102 | 96 | 112 |
Tax % | 41% | 35% | 34% | 31% | 26% | 25% | 26% | 22% | 26% |
12 | 64 | 69 | 79 | 120 | 127 | 76 | 75 | 83 | |
EPS in Rs | 3.02 | 3.27 | 3.71 | 5.64 | 5.97 | 3.56 | 3.53 | 3.90 | |
Dividend Payout % | 0% | 33% | 31% | 31% | 35% | 34% | 42% | 43% | 38% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 8% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 1% |
3 Years: | -13% |
TTM: | 32% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | -10% |
1 Year: | 6% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 12% |
Last Year: | 12% |
Balance Sheet
Figures in Rs. Crores
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.05 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 |
Reserves | 192 | 242 | 285 | 338 | 434 | 520 | 563 | 618 | 673 |
211 | 186 | 135 | 155 | 61 | 68 | 97 | 112 | 86 | |
344 | 359 | 447 | 446 | 645 | 579 | 583 | 700 | 774 | |
Total Liabilities | 747 | 808 | 889 | 960 | 1,162 | 1,187 | 1,265 | 1,451 | 1,555 |
0 | 106 | 117 | 190 | 186 | 212 | 226 | 236 | 440 | |
CWIP | 0 | 5 | 4 | 10 | 11 | 3 | 86 | 225 | 5 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37 | 14 |
747 | 698 | 768 | 760 | 965 | 972 | 953 | 953 | 1,096 | |
Total Assets | 747 | 808 | 889 | 960 | 1,162 | 1,187 | 1,265 | 1,451 | 1,555 |
Cash Flows
Figures in Rs. Crores
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
59 | 91 | 132 | 129 | 427 | 11 | 190 | 118 | 88 | |
4 | -22 | -31 | -51 | -151 | 78 | -110 | -171 | -29 | |
-40 | -62 | -100 | -103 | -144 | -80 | -66 | -46 | -72 | |
Net Cash Flow | 23 | 7 | 1 | -24 | 133 | 10 | 14 | -98 | -13 |
Ratios
Figures in Rs. Crores
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 609 | 88 | 77 | 64 | 64 | 58 | 51 | 60 | 60 |
Inventory Days | 516 | 73 | 76 | 74 | 64 | 67 | 57 | 59 | 75 |
Days Payable | 1,462 | 97 | 101 | 86 | 133 | 93 | 91 | 101 | 104 |
Cash Conversion Cycle | -337 | 65 | 52 | 53 | -6 | 33 | 18 | 17 | 31 |
Working Capital Days | 1,016 | 58 | 49 | 48 | 2 | 30 | 20 | 19 | 29 |
ROCE % | 29% | 29% | 29% | 35% | 34% | 19% | 14% | 18% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 26 Apr
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Contact Details Of Key Managerial Personnel Authorized For Determining Materiality Of Events/ Information.
26 Apr - Updated contact details of key managerial personnel authorized for materiality determination.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
25 Apr - Audio recording of Orient Electric's Q4 and FY 2025 earnings call available online.
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Announcement under Regulation 30 (LODR)-Investor Presentation
25 Apr - Investor Release/Presentation - Audited Financial Results - 31 March, 2025
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
25 Apr - Q4 FY25 revenue ₹862 Cr up 9.4%, EBITDA ₹67 Cr up 117%, FY25 revenue ₹3,094 Cr up 10%.
Annual reports
Concalls
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Apr 2025TranscriptNotesPPT REC
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Nov 2024Transcript PPT
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Oct 2021TranscriptNotesPPT
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Oct 2020TranscriptNotesPPT
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Jan 2020TranscriptNotesPPT
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Oct 2019TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
Parentage[1]
Orient Electric is part of CK Birla Group of companies.