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 ₹ 3,514 Cr.
- Current Price ₹ 165
- High / Low ₹ 255 / 155
- Stock P/E 39.9
- Book Value ₹ 33.2
- Dividend Yield 0.91 %
- ROCE 17.9 %
- ROE 12.5 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 41.0%
Cons
- 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
Consumer Discretionary Consumer Durables Consumer Durables Household 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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 216 | 1,600 | 1,864 | 2,062 | 2,033 | 2,448 | 2,529 | 2,812 | 3,094 | 3,150 | |
| 193 | 1,461 | 1,721 | 1,885 | 1,813 | 2,217 | 2,378 | 2,667 | 2,889 | 2,938 | |
| Operating Profit | 24 | 139 | 143 | 177 | 220 | 231 | 151 | 145 | 204 | 212 |
| OPM % | 11% | 9% | 8% | 9% | 11% | 9% | 6% | 5% | 7% | 7% |
| 1 | 3 | 8 | 4 | 6 | 6 | 27 | 33 | 11 | 10 | |
| Interest | 3 | 24 | 23 | 26 | 21 | 20 | 22 | 23 | 24 | 23 |
| Depreciation | 2 | 20 | 23 | 40 | 43 | 47 | 54 | 59 | 79 | 80 |
| Profit before tax | 20 | 98 | 105 | 114 | 162 | 170 | 102 | 96 | 112 | 119 |
| Tax % | 41% | 35% | 34% | 31% | 26% | 25% | 26% | 22% | 26% | |
| 12 | 64 | 69 | 79 | 120 | 127 | 76 | 75 | 83 | 88 | |
| EPS in Rs | 3.02 | 3.27 | 3.71 | 5.64 | 5.97 | 3.56 | 3.53 | 3.90 | 4.13 | |
| Dividend Payout % | 0% | 33% | 31% | 31% | 35% | 34% | 42% | 43% | 38% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | 8% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | -13% |
| TTM: | 42% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -7% |
| 3 Years: | -15% |
| 1 Year: | -28% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 12% |
| Last Year: | 13% |
Balance Sheet
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.05 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 |
| Reserves | 192 | 242 | 285 | 338 | 434 | 520 | 563 | 618 | 673 | 688 |
| 211 | 186 | 135 | 155 | 61 | 68 | 97 | 112 | 86 | 121 | |
| 344 | 359 | 447 | 446 | 645 | 579 | 583 | 700 | 774 | 625 | |
| Total Liabilities | 747 | 808 | 889 | 960 | 1,162 | 1,187 | 1,265 | 1,451 | 1,555 | 1,455 |
| 0 | 106 | 117 | 190 | 186 | 212 | 226 | 236 | 440 | 423 | |
| CWIP | 0 | 5 | 4 | 10 | 11 | 3 | 86 | 225 | 5 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37 | 14 | 0 |
| 747 | 698 | 768 | 760 | 965 | 972 | 953 | 953 | 1,096 | 1,030 | |
| Total Assets | 747 | 808 | 889 | 960 | 1,162 | 1,187 | 1,265 | 1,451 | 1,555 | 1,455 |
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 | 97 | 104 |
| Cash Conversion Cycle | -337 | 65 | 52 | 53 | -6 | 33 | 18 | 22 | 31 |
| Working Capital Days | 1,016 | 28 | 29 | 29 | -3 | 26 | 15 | 13 | 23 |
| ROCE % | 29% | 29% | 29% | 35% | 34% | 19% | 14% | 18% |
Documents
Announcements
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Board Meeting Intimation for To Consider The Unaudited Financial Results Of Orient Electric Limited ("The Company") For The Quarter And Nine Months Ended December 31, 2025 And Declaration Of Interim Dividend For The Financial Year 2025-26, If Any.
22h - Board meeting Jan 22, 2026 to consider Q3/9M results (Dec 31, 2025); trading window closed till Jan 24, 2026.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Jan
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Announcement Under Regulation 30 (LODR)- Updates
30 Dec - Kochi (₹4,48,49,003) and Jammu (₹21,58,364) GST proceedings dropped on Dec 30 and Dec 29, 2025.
- Closure of Trading Window 24 Dec
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
22 Dec - Dec 26, 2025 one-on-one virtual meeting with TATA Mutual Fund at 3:30 PM.
Annual reports
Concalls
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Oct 2025Transcript PPT REC
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May 2024TranscriptAI SummaryPPT
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Oct 2021TranscriptAI SummaryPPT
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Oct 2020TranscriptAI SummaryPPT
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Jul 2020TranscriptAI SummaryPPT
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Jun 2020TranscriptAI SummaryPPT
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Jan 2020TranscriptAI 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.