Orient Electric
- Market cap
- ₹ 3,871 Cr.
- P/E
- 29.1x
- P/B
- 5.3x
- 52-week range
- 149.05 – 217.51
- ROE
- 14%
- ROCE
- 20%
- Dividend yield
- 0.8%
- Debt / equity
- 0.12
- Sector
- Consumer Durables
- Industry
- Household Appliances
- Listed on
- NSE, BSE
About
Orient Electric Limited is an India-based lifestyle electrical solutions company. It is engaged in the manufacture/purchase and sale of electrical consumer durables, lighting and switchgear products. The Company's segments include Electrical Consumer Durables and Lighting & Switchgear. The Electrical Consumer Durables segment consists of the manufacture/purchase and sale of electric fans ceiling, portable and airflow, along with components and accessories thereof, and appliances-coolers, geysers and home appliances. The Lighting & Switchgear segment consists of the manufacture/purchase and sale of lights and luminaries, including light-emitting diode (LED), streetlights and switchgears, including switches and miniature circuit breakers (MCB), and wires. Its small appliances products include mixer grinder, electric kettle, juicer mixer grinder, room heaters, coffee machines, and others. It has manufacturing facilities in Noida, Faridabad, Hyderabad and Kolkata.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Household Appliances: 26 companies →Orient Electric against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)29.1 against a typical 33.3: cheaper than most peers (1st = cheapest).10th of 26
- Sales growth+25% against a typical +16.3% from a year earlier.8th of 26
- Profit growth+125% against a typical +39.1% from a year earlier.4th of 25
- Share price, 3 months+6.7% against a typical −13%.7th of 26
- Size₹ 3,871.1 Cr. market value against a typical ₹ 3,242.3 Cr. (1st = largest).10th of 23
Latest announcements
Exchange filings and their impact on the company.
- Small ESOP grant aids retention with negligible near-term financial impact.
Orient Electric on October 15, 2026 granted stock options under its Employee Stock Option Scheme-2019 to an eligible employee. The filing does not disclose the number of options, exercise price or vesting terms. It is a routine retention incentive with no material near-term dilution or cost expected.
- Board approved Q2/H1 FY27 results but detailed numbers were not available in the filing text.
Orient Electric's board on October 15, 2026 approved the unaudited financial results for the quarter and half year ended September 30, 2026, reviewed by Price Waterhouse. The meeting lasted from 1:00 pm to 1:55 pm. The detailed result numbers were not available in the extracted filing text, so no change to the business outlook can be quantified from this disclosure.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE AA / CARE A1+ | Stable | 6 Oct 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 6 Oct 2026 | Reaffirmed | CARE AA / CARE A1+ | — | CARE | ₹ 573.3 Cr. | |
| 8 Sep 2025 | Reaffirmed | CARE AA / CARE A1+ | — | CARE | ₹ 573.3 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 15 Oct 2026 | Financial Results | To consider and approve the Un-audited financial results for the period ended September 30, 2026 |
| 22 Jul 2026 | Financial Results | To consider and approve the Un-audited Financial Results for the period ended Jun 30, 2026 |
| 8 May 2026 | Financial Results/Dividend | To consider and approve the Audited Financial Results for the period ended March 31, 2026 and Final Dividend |
| 22 Jan 2026 | Financial Results/Dividend | To consider and approve the Un-Audited Financial Results for the quarter and nine months ended December 31, 2025 and declaration of Interim Dividend, if any. |
| 17 Oct 2025 | Financial Results | To consider and approve the unaudited financial results for the quarter and half-year ended September 30, 2025 |
| 25 Jul 2025 | Financial Results | To consider and approve the un-audited financial results for the period ended June 30, 2025 |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 752 | 788 | 755 | 660 | 817 | 862 | 769 | 703 | 906 | 948 | 950 | 879 |
| Expenses | 703 | 757 | 715 | 624 | 756 | 795 | 723 | 665 | 839 | 871 | 883 | 823 |
| Operating Profit | 49 | 31 | 40 | 36 | 61 | 67 | 46 | 38 | 68 | 77 | 67 | 57 |
| OPM % | 7% | 3.9% | 5% | 5% | 7% | 8% | 6% | 5% | 7% | 8% | 7% | 6% |
| Other Income | 4 | 5 | 2 | 4 | 2 | 3 | 2 | 2 | −7 | 2 | 0 | 4 |
| Interest | 5 | 7 | 6 | 6 | 6 | 6 | 5 | 5 | 7 | 5 | 6 | 5 |
| Depreciation | 15 | 15 | 18 | 20 | 20 | 22 | 19 | 19 | 19 | 20 | 19 | 19 |
| Profit before tax | 33 | 13 | 19 | 14 | 37 | 42 | 24 | 16 | 35 | 54 | 42 | 36 |
| Tax % | 26% | 5% | 26% | 27% | 26% | 26% | 26% | 26% | 26% | 26% | 26% | 26% |
| Net Profit | 24 | 13 | 14 | 10 | 27 | 31 | 18 | 12 | 26 | 40 | 31 | 27 |
| EPS in Rs | 1.14 | 0.6 | 0.67 | 0.49 | 1.27 | 1.47 | 0.82 | 0.57 | 1.22 | 1.89 | 1.48 | 1.27 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 10%
- 3 Years
- 10%
- TTM
- 17%
- 10 Years
- —
- 5 Years
- −3%
- 3 Years
- 11%
- TTM
- 53%
- 10 Years
- —
- 5 Years
- −9%
- 3 Years
- −3%
- TTM
- —
- 10 Years
- 18%
- 5 Years
- 15%
- 3 Years
- 12%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Orient Electric | ₹ 187.30 | ₹ 3,871 Cr. | 29.1x | 5.3x | 14% | — |
| LG Electronics India | ₹ 1,623.00 | ₹ 1,12,853 Cr. | 63.7x | 14x | 24.7% | 6.9% |
| Honeywell Automation India | ₹ 31,460.00 | ₹ 27,754 Cr. | 64.3x | 7.7x | 12.4% | 11.2% |
| Whirlpool Of India | ₹ 789.00 | ₹ 10,012 Cr. | 31.1x | 2.4x | 7.2% | 3.7% |
| IFB Industries | ₹ 1,053.70 | ₹ 4,288 Cr. | 34.7x | 5.4x | 15.6% | 2.6% |
| Electronics Mart India | ₹ 153.45 | ₹ 5,904 Cr. | 48.6x | 3.1x | 6.8% | 1.5% |
Management
- Ravindra Singh Negi
- Chief Executive Officer, Managing Director, Executive Director
- Arvind Kumar Vats
- Chief Financial Officer
- Diksha Singh
- Company Secretary, Compliance Officer
Prices are delayed and for information only. Nothing on this page is investment advice.