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 ₹ 3,912 Cr.
- Current Price ₹ 183
- High / Low ₹ 218 / 149
- Stock P/E 29.1
- Book Value ₹ 37.7
- Dividend Yield 0.82 %
- ROCE 19.9 %
- ROE 14.2 %
- 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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 216 | 1,600 | 1,864 | 2,062 | 2,033 | 2,448 | 2,529 | 2,812 | 3,094 | 3,326 | 3,684 | |
| 193 | 1,461 | 1,721 | 1,885 | 1,813 | 2,217 | 2,378 | 2,667 | 2,889 | 3,097 | 3,415 | |
| Operating Profit | 24 | 139 | 143 | 177 | 220 | 231 | 151 | 145 | 204 | 229 | 268 |
| OPM % | 11% | 9% | 8% | 9% | 11% | 9% | 6% | 5% | 7% | 7% | 7% |
| 1 | 3 | 8 | 4 | 6 | 6 | 27 | 33 | 11 | -0 | -1 | |
| Interest | 3 | 24 | 23 | 26 | 21 | 20 | 22 | 23 | 24 | 23 | 23 |
| Depreciation | 2 | 20 | 23 | 40 | 43 | 47 | 54 | 59 | 79 | 77 | 77 |
| Profit before tax | 20 | 98 | 105 | 114 | 162 | 170 | 102 | 96 | 112 | 129 | 168 |
| Tax % | 41% | 35% | 34% | 31% | 26% | 25% | 26% | 22% | 26% | 26% | |
| 12 | 64 | 69 | 79 | 120 | 127 | 76 | 75 | 83 | 96 | 125 | |
| EPS in Rs | 3.02 | 3.27 | 3.71 | 5.64 | 5.97 | 3.56 | 3.53 | 3.90 | 4.49 | 5.86 | |
| Dividend Payout % | 0% | 33% | 31% | 31% | 35% | 34% | 42% | 43% | 38% | 33% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 10% |
| TTM: | 17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -3% |
| 3 Years: | 11% |
| TTM: | 53% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -12% |
| 3 Years: | -5% |
| 1 Year: | -12% |
| 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 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.05 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 |
| Reserves | 192 | 242 | 285 | 338 | 434 | 520 | 563 | 618 | 673 | 739 | 783 |
| 211 | 186 | 135 | 155 | 61 | 68 | 97 | 112 | 86 | 93 | 108 | |
| 344 | 359 | 447 | 446 | 645 | 579 | 583 | 700 | 774 | 813 | 778 | |
| Total Liabilities | 747 | 808 | 889 | 960 | 1,162 | 1,187 | 1,265 | 1,451 | 1,555 | 1,667 | 1,691 |
| 0 | 106 | 117 | 190 | 186 | 212 | 226 | 236 | 440 | 406 | 399 | |
| CWIP | 0 | 5 | 4 | 10 | 11 | 3 | 86 | 225 | 5 | 10 | 13 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37 | 14 | 60 | 35 |
| 747 | 698 | 768 | 760 | 965 | 972 | 953 | 953 | 1,096 | 1,190 | 1,243 | |
| Total Assets | 747 | 808 | 889 | 960 | 1,162 | 1,187 | 1,265 | 1,451 | 1,555 | 1,667 | 1,691 |
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/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 246% | 84% | 113% | 100% | 213% | 27% | 149% | 85% | 60% | 64% |
Ratios
| 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 | 28 |
| 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Countries exported to count |
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| Retail outlets count |
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| Service network pin codes covered count |
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| Spark Sanchay cost savings ₹ Crore |
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| Luminaires share in consumer lighting portfolio % of lighting revenue |
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| Premium mix in domestic ceiling fans % of revenue |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
- Transcript of Earnings Call held for 2nd Quarter FY27.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Copies of Newspaper Publication w.r.t un-audited Q2FY27 Financial Results.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Audio recording of Q2 and H1 FY27 earnings call for September 30, 2026 results available online.
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Announcement under Regulation 30 (LODR)-Investor Presentation
- Investor Presentation / Investor Release on Q2 FY27 Financial Results.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Orient Electric Q2 FY27 revenue rose 25.2% to ₹879 crore; PAT jumped 124.4% to ₹27 crore.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
from bse
Concalls
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Oct 2026Transcript PPT REC
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Jul 2026Transcript PPT
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May 2026Transcript PPT
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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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May 2024PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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May 2023Transcript PPT
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Nov 2022Transcript PPT
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Jan 2022Transcript PPT
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Oct 2021PPT
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Jul 2021PPT
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May 2021PPT
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Jan 2021PPT
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Oct 2020PPT
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Jul 2020PPT
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Jun 2020PPT
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Jan 2020PPT
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Oct 2019PPT
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Aug 2019PPT
Business Overview:[1]
Orient Electric, part of CKA Birla Group, operates
in fans, home appliances, lighting and switches.
The company handles product development, manufacturing, and distribution in-house and
serves consumers through retail, digital channels,
B2B institutional buyers, and exports.