Orient Electric Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Orient Electric reported Q1 FY27 revenue growth of 23.5% year-on-year, with EBITDA margin improving to 7%, up 102 basis points year-on-year, while gross margin moderated to 29.8% due to commodity inflation. Lighting and Switchgear revenue grew 25.4% and ECD segment revenue grew 22.7% to Rs 669 crore, with BLDC fans growing 36% year-on-year. PBT after exceptional items rose 79.4% to Rs 42.5 crore and PAT rose 79.7% to Rs 31.5 crore, with the company closing the quarter at 25 working capital days and a net cash position of Rs 133 crore.
Orient Electric reported Q4FY26 revenue of Rs 948 crore, up 10% year-on-year, with EBITDA margin improving to 8.2% and PAT rising 28.9% to Rs 40 crore. Management attributed the quarter's performance to growth in Lighting and Switchgear, wires and switchgear scaling, and premiumization in fans, while citing commodity inflation, labour shortages, and gas supply disruptions from the West Asia crisis as operating headwinds. For the full year, revenue grew 7.5% to Rs 3,326 crore and EBITDA rose 12.4% to Rs 229 crore, with management describing calibrated price increases taken through the year to offset cost inflation.