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 ₹ 3,740 Cr.
- Current Price ₹ 175
- High / Low ₹ 255 / 155
- Stock P/E 40.4
- Book Value ₹ 33.2
- Dividend Yield 0.86 %
- 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
Part of BSE Allcap BSE Consumer Discretionary
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 | 3,240 | |
| 193 | 1,461 | 1,721 | 1,885 | 1,813 | 2,217 | 2,378 | 2,667 | 2,889 | 3,021 | |
| Operating Profit | 24 | 139 | 143 | 177 | 220 | 231 | 151 | 145 | 204 | 218 |
| OPM % | 11% | 9% | 8% | 9% | 11% | 9% | 6% | 5% | 7% | 7% |
| 1 | 3 | 8 | 4 | 6 | 6 | 27 | 33 | 11 | 1 | |
| Interest | 3 | 24 | 23 | 26 | 21 | 20 | 22 | 23 | 24 | 24 |
| Depreciation | 2 | 20 | 23 | 40 | 43 | 47 | 54 | 59 | 79 | 79 |
| Profit before tax | 20 | 98 | 105 | 114 | 162 | 170 | 102 | 96 | 112 | 117 |
| Tax % | 41% | 35% | 34% | 31% | 26% | 25% | 26% | 22% | 26% | |
| 12 | 64 | 69 | 79 | 120 | 127 | 76 | 75 | 83 | 87 | |
| EPS in Rs | 3.02 | 3.27 | 3.71 | 5.64 | 5.97 | 3.56 | 3.53 | 3.90 | 4.08 | |
| 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: | 43% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -8% |
| 3 Years: | -14% |
| 1 Year: | -18% |
| 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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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
9 Feb - Analyst/institutional investor meeting Feb 12, 2026 at Axis 'Advantage India' conference, Mumbai, in-person.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
30 Jan - Transcript of the Earning Call held on January 22, 2026.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 27 Jan
- Announcement under Regulation 30 (LODR)-Newspaper Publication 24 Jan
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Announcement under Regulation 30 (LODR)-Newspaper Publication
23 Jan - Newspaper Publication copies w.r.t Un-Audited Financials for the quarter and nine months ended December 31, 2025.
Annual reports
Concalls
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Jan 2026Transcript PPT REC
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Oct 2025Transcript PPT REC
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Aug 2025Transcript PPT REC
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May 2025Transcript PPT REC
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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May 2024TranscriptAI SummaryPPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Jan 2022Transcript PPT
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Oct 2021TranscriptAI SummaryPPT
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Jul 2021TranscriptAI SummaryPPT
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May 2021TranscriptAI SummaryPPT
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Jan 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.