MarketFriction

Orient Electric Ltd

NSE ORIENTELEC · BSE 541301 · Household Appliances
₹154.46 -2.31%
NSE close2026-10-01
52 week range149.05 - 217.51
Market cap₹3,340 Cr.
P/E28.0
Price band 20% Delivery 49.3%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales567752788755660817862769703906948950
Expenses546703757715624756795723665839871883
Operating Profit214931403661674638687767
OPM %3.6%7%3.9%5%5%7%8%6%5%7%8%7%
Other Income2245242322-720
Interest557666655756
Depreciation141515182020221919192019
Profit before tax233313191437422416355442
Tax %21%26%5%26%27%26%26%26%26%26%26%26%
Net Profit182413141027311812264031
EPS in Rs0.861.140.600.670.491.271.470.820.571.221.891.48
Mar 2017 6mMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2161,6001,8642,0622,0332,4482,5292,8123,0943,3263,507
Expenses1931,4611,7211,8851,8132,2172,3782,6672,8893,0973,257
Operating Profit24139143177220231151145204229250
OPM %11%9%8%9%11%9%6%5%7%7%7%
Other Income138466273311-0-2
Interest324232621202223242323
Depreciation220234043475459797776
Profit before tax209810511416217010296112129148
Tax %41%35%34%31%26%25%26%22%26%26%
Net Profit1264697912012776758396110
EPS in Rs3.023.273.715.645.973.563.533.904.495.16
Dividend Payout %0%33%31%31%35%34%42%43%38%33%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%10%10%13%
Compounded Profit Growth%-3%11%38%
Stock Price CAGR%-14%-11%-20%
Return on Equity18%15%12%14%
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.05212121212121212121
Reserves192242285338434520563618673739
Borrowings2111861351556168971128693
Other Liabilities344359447446645579583700774813
Total Liabilities7478088899601,1621,1871,2651,4511,5551,667
Fixed Assets0106117190186212226236440406
CWIP0541011386225510
Investments0000000371460
Other Assets7476987687609659729539531,0961,190
Total Assets7478088899601,1621,1871,2651,4511,5551,667
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity59911321294271119011888110
Cash from Investing Activity4-22-31-51-15178-110-171-29-73
Cash from Financing Activity-40-62-100-103-144-80-66-46-72-57
Net Cash Flow2371-241331014-98-13-20
Free Cash Flow53669877391-3176-223377
CFO/OP246%84%113%100%213%27%149%85%60%64%
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days609887764645851606068
Inventory Days516737674646757597568
Days Payable1,462971018613393919710496
Cash Conversion Cycle-337655253-63318223140
Working Capital Days1,016282929-22615132328
ROCE %29%29%29%35%34%19%14%18%20%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters38.30%38.30%38.30%38.30%38.30%38.30%38.30%38.30%38.30%38.30%38.30%38.30%
FIIs5.69%5.94%6.52%6.56%6.99%7.09%6.92%6.88%6.34%3.60%3.42%3.28%
DIIs29.98%29.23%27.19%27.73%27.89%27.86%27.95%28.11%29.30%31.90%32.52%32.49%
Government0.00%0.00%0.00%0.05%0.05%0.07%0.07%0.08%0.08%0.08%0.08%0.00%
Public26.04%26.54%27.97%27.36%26.76%26.67%26.76%26.65%26.00%26.12%25.71%25.94%
No. of Shareholders87,59894,6751,02,70891,12188,89986,06884,77281,82381,89182,10881,08679,599

Fundamentals

Market Cap₹ 3,340 Cr.
Current Price₹ 157
Stock P/E28.0
Book Value₹ 35.6
ROCE19.9 %
ROE14.2 %
Dividend Yield0.96 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)13%
Compounded Profit Growth (TTM)38%
Standalone figures.
Valuation
Market capRs 3,296 Cr
Enterprise valueRs 3,356 Cr
P/E (TTM)30.01x
Price to book4.34x
Price to sales0.94x
EV / EBITDA13.57x
EV / EBIT19.63x
EV / sales0.96x
Price to cash flow29.95x
Earnings yield3.33%
Dividend yield0.97%
P/E, 3-year average47.63x
P/B, 3-year average5.74x
P/E, 5-year average54.51x
P/B, 5-year average7.93x
Profitability
Operating margin (excl. other income)6.90%
Operating margin (incl. other income)6.88%
EBITDA margin7.05%
Pre-tax margin4.22%
Net profit margin3.13%
Net margin, latest quarter3.32%
ROE13.18%
ROCE18.58%
ROA5.95%
ROE, 3-year average12.65%
ROCE, 3-year average17.70%
ROA, 3-year average5.68%
ROE, 5-year average15.37%
ROCE, 5-year average21.22%
ROA, 5-year average6.80%
ROIC (approx.)15.44%
Tax rate25.87%
Other income / net worth-0.06%
Growth
Sales growth (latest year)7.52%
Profit growth (latest year)15.18%
Sales CAGR, 3 years9.56%
Sales CAGR, 5 years10.35%
Profit CAGR, 3 years8.11%
Profit CAGR, 5 years-4.36%
Sales growth QoQ0.16%
Profit growth QoQ-21.82%
Sales growth YoY (latest quarter)23.49%
Profit growth YoY (latest quarter)79.74%
Per share
EPS (TTM)Rs 5.15
EPS (latest year)Rs 4.49
EPS (latest quarter)Rs 1.48
EPS, 3-year averageRs 3.97
EPS, 5-year averageRs 4.29
Book value per shareRs 35.62
Sales per shareRs 164.37
Cash flow per shareRs 5.16
Free cash flow per shareRs 3.61
Dividend per share (latest year)Rs 1.50
Dividend per share, 3-year averageRs 1.50
Dividend per share, 5-year averageRs 1.60
Dividends
Dividend payout33.40%
Dividend payout, 3-year average38.13%
Dividend payout, 5-year average38.00%
Efficiency
Asset turnover2.00x
Fixed asset turnover8.19x
Inventory turnover5.45x
Inventory days67 days
Debtor days68 days
Debtors turnover5.37x
Creditor days96 days
Cash conversion cycle40 days
Working capital days28 days
Leverage
Total debtRs 93 Cr
Cash and bankRs 33 Cr
Net debtRs 61 Cr
Debt to equity0.12x
Net debt / EBITDA0.25x
Interest coverage7.48x
Current ratio (filing 2026-03-31)1.42x
Quick ratio (filing 2026-03-31)0.91x
Trade payables (filing 2026-03-31)Rs 601 Cr
Owners' fund to total sources45.61%
Debt to assets5.60%
Cash flow
Cash from Operating Activity (latest year)Rs 110 Cr
Cash from Investing Activity (latest year)Rs -73 Cr
Cash from Financing Activity (latest year)Rs -57 Cr
Net Cash Flow (latest year)Rs -20 Cr
Free cash flow (latest year)Rs 77 Cr
FCFE (approx.: FCF + change in debt)Rs 84 Cr
Cash from ops / profit, 5 years1.13x
Sales to cash flow30.23x
Statement figures
Net sales (TTM)Rs 3,507 Cr
Net sales (latest year)Rs 3,326 Cr
Sales (latest quarter)Rs 950 Cr
Operating profit excl. other income (latest year)Rs 229 Cr
Operating profit (latest quarter)Rs 67 Cr
Other income (TTM)Rs -2 Cr
EBITDA (TTM)Rs 247 Cr
PBDT (TTM)Rs 224 Cr
Profit before tax (TTM)Rs 148 Cr
Tax (latest year)Rs 33 Cr
Net profit (TTM)Rs 110 Cr
Net profit (latest year)Rs 96 Cr
Net profit (latest quarter)Rs 31 Cr
Depreciation (TTM)Rs 76 Cr
Depreciation (latest quarter)Rs 19 Cr
Interest (TTM)Rs 23 Cr
Cost of goods sold (latest year)Rs 2,318 Cr
Total expenditure (latest year)Rs 3,097 Cr
Total income (latest year)Rs 3,326 Cr
Share capitalRs 21 Cr
ReservesRs 739 Cr
Shareholders' fundsRs 760 Cr
Total assetsRs 1,667 Cr
Net blockRs 406 Cr
Capital work in progressRs 10 Cr
InvestmentsRs 60 Cr
ReceivablesRs 619 Cr
InventoryRs 426 Cr
Other liabilitiesRs 813 Cr
Shares outstanding (crore)21.34
Ownership
Promoter holding38.30% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 30.0 is the lowest in its own 8.5-year history (median 55.9, low 30.0, high 234.8).
P/B 4.34 is the lowest in 8.5 years (median 10.60).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodORIENTELECNifty 50Difference
1 week-5.8%-2.8% -3.0 pts
1 month-13.1%-6.8% -6.3 pts
3 months-13.1%-7.6% -5.5 pts
6 months-1.2%+0.4% -1.6 pts
1 year-23.8%-9.9% -13.9 pts
2 years-39.1%-13.6% -25.5 pts
3 years-30.4%+14.2% -44.6 pts
5 years-53.3%+27.9% -81.2 pts
30 mutual fund schemes hold about ₹1,313 Cr. Over three months 22 bought more and 5 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Nippon India Small Cap Fund0.41%343 +35%
Kotak Small Cap Fund0.72%142 +12%
Axis Small Cap Fund0.39%121 +10%
Mirae Asset Focused Fund1.79%121 +6%
Mirae Asset Focused Fund1.79%119 +6%
Tata Flexi Cap Fund1.60%59 +20%
Mirae Asset Multicap Fund0.98%55 +23%
ICICI Pru Housing Opp Fund1.96%53 +15%
Bandhan Large & Mid Cap Fund0.17%36 +5%
ICICI Pru Small Cap Fund0.35%35 +4%
ICICI Pru Small Cap Fund0.35%34 +4%
Sundaram Small Cap Fund0.69%29 +10%
Aditya Birla SL Small Cap Fund0.42%26 +9%
Bandhan Small Cap Fund0.07%25 +105%
Aditya Birla SL Conglomerate Fund1.31%21 +19%
Tata Multicap Fund0.58%21 +14%
HDFC Multi Asset Allocation Fund0.27%16 +15%
Mirae Asset Small Cap Fund0.24%14 -0%
Tata Housing Opportunities Fund2.43%12 +19%
Bajaj Finserv Consumption Fund1.79%11 +17%
ICICI Pru Bharat Consumption Fund0.32%10 +15%
HDFC Housing Opp Fund0.81%9 +21%
Quantum Ethical Fund0.86%1 +16%
Groww Value Fund(M0.99%1 +100%
Motilal Oswal BSE 1000 Index Fund0.01%0 +15%

Red flags

F-score 7 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹950 Cr +23.5% vs Jun 2025. Net profit ₹31 Cr +72.2%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-10Dividend - Rs 0.75 Per Share
2026-01-29Interim Dividend - Re 0.75 Per Share
2025-07-18Dividend - Rs 0.75 Per Share
2025-02-04Interim Dividend - Re 0.75 Per Sh
2024-07-25Annual General Meeting/Dividend - Re 0.75 Per Share
2024-02-13Interim Dividend - Re 0.75 Per Share
2023-07-26Annual General Meeting/Dividend - Re 0.75 Per Share
2023-02-09Interim Dividend - Re 0.75 Per Share
2022-07-15Annual General Meeting/Dividend - Rs 1.25 Per Share
2022-02-01Interim Dividend - Rs 0.75 Per Share
2021-07-20 Annual General Meeting/Dividend - Rs 1.25 Per Share
2021-02-09 Interim Dividend - Rs 0.75 Per Sh
2020-07-30 Annual General Meeting/Dividend - Rs 0.50 Per Share
2020-02-06 Interim Dividend - Rs 0.65 Per Share
2019-07-11 Annual General Meeting/Dividend - Rs 0.50 Per Share
2019-02-06 Interim Dividend - Re 0.50 Per Share
2018-07-10 Annual General Meeting/Dividend- Re 0.50 Per Share
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Orient Electric Ltd?

Orient Electric Ltd (ORIENTELEC) has a market capitalisation of Rs 3,340 Cr. at the 2026-10-01 close.

What is the P/E ratio of Orient Electric Ltd?

Orient Electric Ltd trades at a P/E of 28.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Orient Electric Ltd's latest quarterly results?

In the Jun 2026 quarter, Orient Electric Ltd sales was Rs 950 Cr (+23.5% vs Jun 2025) and net profit was Rs 31 Cr.

What is the 52-week high and low of Orient Electric Ltd?

The 52-week high is Rs 217.51 and the 52-week low is Rs 149.05.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03