| Announced on | Meeting on |
| May 02, 2024 | May 09, 2024 |
| Audited Results & Final Dividend | |
| Jan 23, 2024 | Feb 01, 2024 |
| Quarterly Results & Interim Dividend | |
| Oct 27, 2023 | Nov 03, 2023 |
| Quarterly Results | |
| Jul 25, 2023 | Aug 02, 2023 |
| Quarterly Results | |
| May 05, 2023 | May 12, 2023 |
| Audited Results & Final Dividend | |
Orient Electric Share Price
NSE
- Open279.00
- High281.15
- Low274.10
- Prev Close279.45
- Volume7,97,997
- VWAP(₹)276.15
Orient Electric share price insights
Rank 478 - ET 5002021 ranking
Employee & Interest Expense
Company has spent less than 1% of its operating revenues towards interest expenses and 9.21% towards employee cost in the year ending 31 Mar, 2024. (Source: Standalone Financials)Stock Returns vs Nifty Smallcap 100
Stock gave a 3 year return of -7.33% as compared to Nifty Smallcap 100 which gave a return of 80.38%. (as of last trading session)Stock Returns vs BSE Capital Goods
Stock generated -7.33% return as compared to BSE Capital Goods which gave investors 199.04% return over 3 year time period. (as of last trading session)Orient Electric Share Price Update
Orient Electric Ltd. share price moved down by -1.35% from its previous close of Rs 279.45. Orient Electric Ltd. stock last traded price is 275.70
Share Price Value Today/Current/Last 275.70 Previous Day 279.45
Orient Electric Share Price Returns
| 1 Day | -1.35% |
| 1 Month | 23.38% |
| 3 Months | 29.74% |
| 1 Year | 16.06% |
| 3 Years | -12.93% |
| 5 Years | 72.1% |
Key Metrics
| PE Ratio(x) | 78.15 |
| EPS - TTM(₹) | 3.53 |
| MCap(₹ Cr.) | 5,882.50 |
| MCap Rank | 18 |
| PB Ratio(x) | 9.33 |
| Div Yield(%) | 0.00 |
| Face Value(₹) | 1.00 |
| 52W High(₹) | 287.05 |
| 52W Low(₹) | 189.00 |
| MCap/Sales | 1.46 |
| Beta(1 Month) | 1.43 |
| BV/Share(₹) | 29.95 |
Orient Electric Share Recommendations
Mean recosCurrent
BUY
17 Analysts
Strong
SellSellHoldBuyStrong
Buy
SellSellHoldBuyStrong
Buy
Analyst Trends
| Ratings | Current | 1W Ago | 1M Ago | 3M Ago |
|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 2 |
| Buy | 7 | 7 | 7 | 9 |
| Hold | 6 | 6 | 6 | 5 |
| Sell | 1 | 1 | 1 | 1 |
| Strong Sell | - | - | - | - |
| # Analysts | 17 | 17 | 17 | 17 |
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Orient Electric News & Analysis
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Orient Electric Financials
Consolidated
Mar 2024 Dec 2023 Sep 2023 Jun 2023 Mar 2023 Total Income 792.70 756.21 570.26 708.49 664.25 Total Income Growth (%) 4.83 32.61 -19.51 6.66 -11.15 Total Expenses 772.40 718.05 541.73 675.96 625.29 Total Expenses Growth (%) 7.57 32.55 -19.86 8.10 -10.42 EBIT 20.30 38.16 28.53 32.53 38.96 EBIT Growth (%) -46.80 33.75 -12.30 -16.50 -21.47 Profit after Tax (PAT) 12.80 24.33 18.45 19.69 24.62 PAT Growth (%) -47.39 31.87 -6.30 -20.02 -24.39 EBIT Margin (%) 2.56 5.05 5.00 4.59 5.87 Net Profit Margin (%) 1.61 3.22 3.24 2.78 3.71 Basic EPS (₹) 0.60 1.14 0.86 0.92 1.16 All figures in Rs Cr, unless mentioned otherwise
InsightsEmployee & Interest Expense
Company has spent less than 1% of its operating revenues towards interest expenses and 9.21% towards employee cost in the year ending 31 Mar, 2024. (Source: Standalone Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Total Assets 1,450.99 1,264.63 1,187.37 1,162.36 960.44 Total Assets Growth (%) 14.74 6.51 2.15 21.02 8.06 Total Liabilities 812.06 679.99 646.06 706.70 601.05 Total Liabilities Growth (%) 19.42 5.25 -8.58 17.58 3.24 Total Equity 638.93 584.64 541.31 455.66 359.39 Total Equity Growth (%) 9.29 8.00 18.80 26.79 17.23 Current Ratio (x) 1.28 1.49 1.56 1.37 1.32 Total Debt to Equity (x) 0.03 0.02 0.03 0.03 0.26 Contingent Liabilities 0.00 150.36 100.47 127.38 127.71 All figures in Rs Cr, unless mentioned otherwise
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Net Cash flow from Operating Activities 118.26 189.73 11.37 427.28 129.24 Net Cash used in Investing Activities -170.52 -109.94 78.20 -150.63 -50.83 Net Cash flow from Financing Activities -45.69 -66.13 -79.65 -143.65 -102.86 Net Cash Flow -97.95 13.66 9.92 133.00 -24.45 Closing Cash & Cash Equivalent 65.69 163.64 149.98 140.06 7.06 Closing Cash & Cash Equivalent Growth (%) -59.86 9.11 7.08 1,883.85 -77.59 Total Debt/ CFO (x) 0.18 0.05 1.29 0.04 0.73 All figures in Rs Cr, unless mentioned otherwise
InsightsIncrease in Cash from Investing
Company has used Rs 170.52 cr for investing activities which is an YoY increase of 55.1%. (Source: Standalone Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Return on Equity (%) 11.78 12.97 23.39 26.27 21.87 Return on Capital Employed (%) 13.75 18.21 30.89 35.61 32.65 Return on Assets (%) 5.18 5.99 10.66 10.30 8.18 Interest Coverage Ratio (x) 6.87 8.02 11.69 10.89 5.37 Asset Turnover Ratio (x) 2.07 2.06 2.08 1.92 214.67 Price to Earnings (x) 54.95 76.34 54.05 55.25 53.48 Price to Book (x) 6.44 9.84 12.61 14.49 11.66 EV/EBITDA (x) 25.47 31.53 28.21 28.16 23.71 EBITDA Margin (%) 5.68 7.02 9.68 11.10 8.75
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Peer Comparison
NAME 1D 1W 1M 3M 1Y 3Y 5Y Orient Electric Stock Performance -1.35 21.48 28.41 34.36 12.53 -8.57 66.59 V-Guard Stock Performance 1.13 25.80 35.87 35.27 81.37 77.81 91.20 R R Kabel Stock Performance -1.39 3.43 11.51 25.48 0.00 0.00 0.00 Bajaj Elec. Stock Performance 2.88 19.57 18.25 10.75 -5.07 4.41 112.04 Symphony Ltd Stock Performance -1.63 6.27 21.09 30.50 30.28 7.97 -14.23 All values in %
Insights
Stock Returns vs Nifty Smallcap 100
Stock gave a 3 year return of -7.33% as compared to Nifty Smallcap 100 which gave a return of 80.38%. (as of last trading session)Stock Returns vs BSE Capital Goods
Stock generated -7.33% return as compared to BSE Capital Goods which gave investors 199.04% return over 3 year time period. (as of last trading session)
Mutual Funds Ownership
No Data Available
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Corporate Actions
Final
75%
May 09, 2024
Board Meeting
Audited Results & Final Dividend
May 02, 2024
Interim Dividend
75%
Feb 01, 2024
Announced on Ex-Date Dividend% May 09, 2024 Jul 25, 2024 75% Feb 01, 2024 Feb 13, 2024 75% May 12, 2023 Jul 26, 2023 75% Jan 30, 2023 Feb 09, 2023 75% May 10, 2022 Jul 15, 2022 125% No Data Available
No Data Available
No Data Available
Announced on Meeting on Nov 10, 2023 Dec 12, 2023 - Jun 30, 2023 Aug 02, 2023 Rs.0.7500 per share(75%)Final Dividend & A.G.M. May 22, 2023 Jun 23, 2023 - Jun 28, 2022 Jul 25, 2022 Book closure from 19 Jul, 2022 to 25 Jul, 2022 Jan 28, 2022 Mar 01, 2022 -
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About
Orient Electric Ltd., incorporated in the year 2016, is a Mid Cap company (having a market cap of Rs 5,962.51 Crore) operating in Consumer Durables sector.
Orient Electric Ltd. key Products/Revenue Segments include Electrical Equipment, Scrap, Export Incentives for the year ending 31-Mar-2022.
For the quarter ended 31-03-2024, the company has reported a Standalone Total Income of Rs 792.70 Crore, up 4.83 % from last quarter Total Income of Rs 756.21 Crore and up 19.34 % from last year same quarter Total Income of Rs 664.25 Crore. Company has reported net profit after tax of Rs 12.80 Crore in latest quarter.
The company’s top management includes Mr.Chandra Kant Birla, Mr.Desh Deepak Khetrapal, Mr.Rajan Gupta, Ms.Alka Marezban Bharucha, Mr.K Pradeep Chandra, Mr.TCA Ranganathan, Mr.Saibal Sengupta, Mr.Hitesh Kumar Jain. Company has S R Batliboi & Co. LLP as its auditors. As on 31-03-2024, the company has a total of 21.34 Crore shares outstanding.
About Orient Electric
Orient Electric Ltd., incorporated in the year 2016, is a Mid Cap company (having a market cap of Rs 5,962.51 Crore) operating in Consumer Durables sector. Orient Electric Ltd. key Products/Revenue Segments include Electrical Equipment, Scrap, Export Incentives for the year ending 31-Mar-2022.For the quarter ended 31-03-2024, the company has reported a Standalone Total Income of Rs 792.70 Crore, up 4.83 % from last quarter Total Income of Rs 756.21 Crore and up 19.34 % from last year same quarter Total Income of Rs 664.25 Crore. Company has reported net profit after tax of Rs 12.80 Crore in latest quarter.The company’s top management includes Mr.Chandra Kant Birla, Mr.Desh Deepak Khetrapal, Mr.Rajan Gupta, Ms.Alka Marezban Bharucha, Mr.K Pradeep Chandra, Mr.TCA Ranganathan, Mr.Saibal Sengupta, Mr.Hitesh Kumar Jain. Company has S R Batliboi & Co. LLP as its auditors. As on 31-03-2024, the company has a total of 21.34 Crore shares outstanding.
Industry
Key Indices Listed On
BSE SmallCap, BSE Consumer Discretionary, BSE AllCap, Nifty Microcap 250, NIFTY 500 Multicap 50:25:25 Index
Address
Unit - VIII, Plot No. 7,Bhoinagar,Bhubaneshwar, Orissa - 751012
Executive Leadership
CK
Chandra Kant Birla
Non Executive ChairmanDD
Desh Deepak Khetrapal
Non Executive Vice ChairmanRG
Rajan Gupta
Managing Director & CEOAM
Alka Marezban Bharucha
Independent DirectorShow More
Auditors
S R Batliboi & Co. LLP
FAQs about Orient Electric share
- 1. What's the Orient Electric share price today?Orient Electric share price was Rs 275.70 as on 04 Jul, 2024, 03:58 PM IST. Orient Electric share price was down by 1.35% based on previous share price of Rs. 274.25. In last 1 Month, Orient Electric share price moved up by 23.38%.
- 2. What are the returns for Orient Electric share?Return Performance of Orient Electric Shares:
- 1 Week: Orient Electric share price moved down by 0.70%
- 1 Month: Orient Electric share price moved up by 23.38%
- 3 Month: Orient Electric share price moved up by 29.74%
- 6 Month: Orient Electric share price moved up by 17.72%
- 3. What are the key metrics to analyse Orient Electric Share Price?Key Metrics for Orient Electric are:
- PE Ratio of Orient Electric is 78.15
- Price/Sales ratio of Orient Electric is 1.46
- Price to Book ratio of Orient Electric is 9.33
- 4. What is 52 week high/low of Orient Electric share price?In last 52 weeks Orient Electric share had a high price of Rs 287.05 and low price of Rs 189.00
- 5. Should I buy, sell or hold Orient Electric?As per Refinitiv (erstwhile Thomson Reuters), overall mean recommendation by 17 analysts for Orient Electric stock is to Buy. Recommendation breakup is as follows
- 3 analysts are recommending Strong Buy
- 7 analysts are recommending to Buy
- 6 analysts are recommending to Hold
- 1 analyst is recommending to Sell
- 6. What is the PE & PB ratio of Orient Electric?The PE ratio of Orient Electric stands at 79.51, while the PB ratio is 9.37.
- 7. What is the CAGR of Orient Electric?The CAGR of Orient Electric is 8.45.
- 8. Who are the key owners of Orient Electric stock?
- Promoter holding has not changed in last 9 months and holds 38.31 stake as on 31 Mar 2024
- Domestic Institutional Investors holding have gone down from 27.8 (30 Jun 2023) to 27.11 (31 Mar 2024)
- Foreign Institutional Investors holding has gone up from 5.5 (30 Jun 2023) to 6.52 (31 Mar 2024)
- Other investor holding have gone down from 28.39 (30 Jun 2023) to 28.06 (31 Mar 2024)
- 9. Who is the Chief Executive Officer of Orient Electric?Rajan Gupta is the Managing Director & CEO of Orient Electric
- 10. What are the Orient Electric quarterly results?Total Revenue and Earning for Orient Electric for the year ending 2024-03-31 was Rs 2827.66 Cr and Rs 75.27 Cr on Standalone basis. Last Quarter 2024-03-31, Orient Electric reported an income of Rs 792.70 Cr and profit of Rs 12.80 Cr.
- 11. Is Orient Electric giving dividend?Orient Electric Ltd. announced an equity dividend of 75% on a face value of 1.0 amounting to Rs 0.75 per share on 09 May 2024. The ex dividend date is 25 Jul 2024.
- 12. Who is the chairman of Orient Electric?Chandra Kant Birla is the Non Executive Chairman of Orient Electric
- 13. Which are the key peers to Orient Electric?Within Consumer Durables sector Orient Electric, IFB Industries Ltd., Symphony Ltd., HPL Electric & Power Ltd., Swelect Energy Systems Ltd., Wonder Electricals Ltd., BPL Ltd., MIRC Electronics Ltd., Bajaj Electricals Ltd., V-Guard Industries Ltd. and R R Kabel Ltd. are usually compared together by investors for analysis.
- 14. What is the market cap of Orient Electric?Market Capitalization of Orient Electric stock is Rs 5,882.50 Cr.
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