Consumer Electronics company Orient Electric announced Q1FY26 results Revenue: Rs 769.1 crore compared to Rs 754.9 crore during Q1FY25, change 1.9%. Gross Profit: Rs 250.6 crore compared to Rs 250.2 crore during Q1FY25, change 0.2%. EBITDA: Rs 46.1 crore compared to Rs 40.1 crore during Q1FY25, change 15% EBITDA Margin: 6.0% for Q1FY26. PBT: Rs 23.7 crore compared to Rs 19.3 crore during Q1FY25, change 22.8%. PAT: Rs 17.6 crore compared to Rs 14.4 crore during Q1FY25, change 21.8%. Ravindra Singh Negi, MD & CEO, Orient Electric, said: “Despite seasonal headwinds, we delivered a resilient performance in Q1, with improvements in EBITDA margins and marginal growth in our topline. Our strategic focus on premiumization and portfolio balancing continues to guide our efforts, especially as we expand our presence in high potential categories. The Lighting and Switchgear businesses remain strong growth drivers, and we are taking focused steps to scale them further. We are also seeing encouraging traction in Electrical Consumer Durables, particularly with our new premium BLDC fan offerings. We believe that in relative terms our performance would be better than market given our market share gains during the quarter in both Fans and Lighting. With improving consumer sentiment and festive stocking expected in Q2, we remain optimistic about demand revival in the coming months.” Result PDF
Conference Call with Orient Electric Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Consumer Electronics company Orient Electric announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue from Operations: Rs 862 crore compared to Rs 788 crore during Q4FY24, a 9.4% YoY increase, with strong performance in Lighting & Switchgear. Gross Margin: Expands by 67 bps, driven by premiumisation and mix improvement. EBITDA: Margin improves to 7.8%, a 385 bps YoY increase; EBITDA at Rs 67 crore, up 117% YoY. Profit Before Tax: Rs 42.1 crore compared to Rs 14 crore during Q4FY24, a 212% YoY increase. Profit after tax: Rs 31.6 crore compared to Rs 14.0 crore during Q4FY24, change 125%. FY25 Financial Highlights: Revenue from Operations: Rs 3,094 crore compared to Rs 2,812 crore during FY24, a 10.0% YoY increase, with thrust towards NPDs and growth categories. Gross Margin: Expands by 172 bps to 32.1%. EBITDA: Margin improves to 6.6%, a 145 bps YoY increase; EBITDA at Rs 204 crore, up 41% YoY. Profit Before Tax: Rs 112 crore compared to Rs 96.3 crore during FY24, a 17% YoY increase. Profit after tax: Rs 83.8 crore compared to Rs 76.5 crore during FY24, change 9.4%. Ravindra Singh Negi, MD & CEO, Orient Electric, said: “We are happy to share that we have delivered secular growth across segments and improvement in EBITDA margins in this quarter, driven by strategic initiatives focused on premiumization, operational excellence, and a customer-first approach. Our investments in building organisational capabilities and enhancing efficiency are yielding results, with improved profit margins, positioning us to deliver sustainable long-term value growth across the business. Our Lighting business continues to outpace industry growth, delivering double-digit volume gains driven by strong momentum in both consumer and B2B segments. Premiumization continues to be a key lever of our growth across segments, with BLDC fan sales growing over 50% YoY in Q4. I am also happy to announce that we have consistently delivered double-digit growth for two consecutive years. In FY25, our topline reached Rs 3,094 crore, growing at a robust 10% compared to the previous year. EBITDA rose by 41% YoY to Rs 204 crore and Profit Before Tax stood at Rs 112 crore, a 17% increase over the previous year.” Result PDF
Consumer Electronics company Orient Electric announced Q3FY25 results Gross Margin expansion by 184bps YoY; expected to sustain at ~31-33% range, with improvement in product mix, channel optimization with DTM, and premiumization thrust EBITDA Margin improved to 7.5% (+98bps YoY, +209 bps QoQ), with Spark Sanchay and other cost optimization initiatives; operating leverage to improve further EBITDA at Rs 61 crore has grown by 25% on YoY and 72% on QoQ basis Working Capital Cycle improved to 16 days in Q3 FY25 (vs 24 days in Q3 FY24); Net Cash at Rs 93 crore (Q3 FY24 at Rs 44 crore Result PDF
Conference Call with Orient Electric Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Consumer Electronics company Orient Electric announced Q1FY25 results: Revenue growth at 7.0% YoY, with switchgear & lighting, and summer product categories leading the growth. Gross Margin improves appreciably to 33.1%, with strategic measures undertaken, despite the commodity inflation and regulatory transitions; gross margin expansion to translate into bottom line as the operating leverage starts kicking in. EBITDA Margin at 5.3%, with continued investments in human capital, marketing spends, and expansion of services infrastructure. McKinsey project cost ends this quarter. Continued improvement in Working Capital Cycle - 10 days in Q1FY25 (vs 13 days in Q1FY24). Capital expenditure of Rs 31 crore during the quarter. Result PDF