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 ₹ 3,428 Cr.
- Current Price ₹ 160
- High / Low ₹ 255 / 149
- Stock P/E 37.1
- Book Value ₹ 33.2
- Dividend Yield 0.94 %
- 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: | -13% |
| 3 Years: | -16% |
| 1 Year: | -24% |
| 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 |
| Free Cash Flow | 53 | 66 | 98 | 77 | 391 | -31 | 76 | -22 | 33 |
| CFO/OP | 246% | 84% | 113% | 100% | 213% | 27% | 149% | 85% | 60% |
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 | -2 | 26 | 15 | 13 | 23 |
| ROCE % | 29% | 29% | 29% | 35% | 34% | 19% | 14% | 18% |
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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| 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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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
4h - Orient Electric launches Aero O2, oxygen-enriching fan; raises oxygen up to 90% in eight hours.
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Announcement under Regulation 30 (LODR)-Change in Management
26 Mar - Board approved Price Waterhouse CA LLP as statutory auditors from 10th AGM (FY2026-27) to 15th AGM (FY2031-32).
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Board Meeting Outcome for Appointment Of Statutory Auditors
26 Mar - Appointment of Price Waterhouse Chartered Accountants LLP as statutory auditors for five years from post-10th AGM (FY2026-27 to FY2031-32).
- Closure of Trading Window 25 Mar
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Clarification On Increase In Volume
27 Feb - 27 Feb 2026: Orient Electric states no undisclosed price-sensitive information regarding volume increase.
Annual reports
Concalls
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Jan 2026Transcript PPT REC
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Oct 2021TranscriptAI 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.