Orient Electric Limited share price

Key numbers

Market cap

₹ 3,462 Cr

Current price

₹ 162.26

52-week high / low

₹ 218 / 149

Stock P/E

31.5

Book value

₹ 35.6

Dividend yield

0.92%

ROCE

17.7%

ROE

13.2%

Debt to equity

0.12

Sales growth (3 yrs)

9.6%

Profit growth (3 yrs)

8.1%

1-year return

-20.8%

About Orient Electric Limited

Orient Electric Limited manufactures, purchases, and sells lifestyle electrical products in India and internationally. It operates in two segments, Electrical Consumer Durables, and Lighting and Switchgear. The company offers table, stand, wall, lifestyle, exhaust, personal, and silent fans; ceiling fans, including BLDC, high speed, smart, under light, remote controllable, and chandelier fans; mixer and juicer mixer grinders, electric kettles, room heaters, coffee machines, stand mixers, irons, and induction cooktops; desert, tower, personal, window, industrial, and portable coolers; and storage, instant, immersion water heaters. It also provides retail lighting products, such as ceiling, wall, outdoor, and decorative lights, as well as LED bulbs; LED consumer luminaries comprising LED strip lights, street lights, spot lights, panels, flood lights, down lighters, and battens, as well as desk lamps; LED lamps and tubes; switchgears, which include multi and smart plugs, plug tops, extension and distribution boards, door bells, MCBs, RCCBs, isolators, sockets, lamp holders, switches, and other switch and switchgear products; and flame retardant wires and communication cables. The…

Quarterly results

Consolidated figures in ₹ crores

Concall summary (2026-07-28)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

• Looking ahead, we remain confident in the momentum of our growth story anchored in the One Orient approach and our 3 -wall strategy.
• With our consumer -led thinking getting deeply rooted in our ways of working, we are confident that we will continue to improve our brand value proposition, enhance our customer preference.

Growth & demand

• Lighting and Switchgear remained a structural growth engine, delivering 25.4% year-on-year revenue growth, driven by distribution expansion, portfolio premiumization and steady market share gains in consumer lighting.
• Wires grew more than 200% year -on-year, although on a small base, while switches and switchgears sustained growth momentum with double -digit growth as we accelerated our electrician engagement initiatives and continue to leverage our fans and lighting distribution ecosystem for effective cross-sell.

Margins & costs

• Orient Electric Limited July 22, 2026 Gross margin for the quarter moderated to 29.8%, impacted by commodity price inflation.
• Despite this pressure, our operating leverage and disciplined cost management helped us deliver an improvement in EBITDA margin to 7%, an improvement of 102 basis points year - on-year.

Capex & expansion

• Despite the challenging environment, Orient Electric delivered a strong performance with a revenue growth of 23.5% year -on-year and continued expansion in profitability.
• Building distribution as a sustained competitive moat remains central through DTM expansion, our fast -growing e-comm and quickcom presence and a stronger service and digital ecosystem.

Balance sheet & cash

• We closed the quarter with working capital days at 25 days and a net cash position of INR133 crores, reflecting continued balance sheet discipline.
• While I understand that it's not possible to give the guidance, but any range that if you would like to indicate compared to last year, where should we see the margins, operating leverage will play out this year due to strong growth.

Peers in Furnishings, Fixtures & Appliances

• Voltas Limited
• Amber Enterprises India Limited
• Crompton Greaves Consumer Electricals Limited
• Whirlpool of India Limited
• Cello World Limited
• TTK Prestige Limited
• Eureka Forbes Limited
• Sheela Foam Limited
• Stylam Industries Limited
• IFB Industries Limited