Orient Electric（541301）株式概要オリエント・エレクトリック社は、耐久消費財、照明・開閉器製品の製造、購入、販売をインド国内外で行っている。 詳細541301 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長3/6過去の実績4/6財務の健全性5/6配当金3/6報酬収益は年間21.76%増加すると予測されています 過去1年間で収益は15.2%増加しました アナリストらは、株価が26.3%上昇するだろうとほぼ一致している。 リスク分析不安定な配当実績 すべてのリスクチェックを見る541301 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value₹Current Price₹187.9021.7% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture053b2016201920222025202620282031Revenue ₹53.2bEarnings ₹1.5bAdvancedSet Fair ValueView all narrativesOrient Electric Limited 競合他社Hawkins CookersSymbol: BSE:508486Market cap: ₹38.1bIFB IndustriesSymbol: NSEI:IFBINDMarket cap: ₹46.5bTTK PrestigeSymbol: BSE:517506Market cap: ₹70.2bStove KraftSymbol: NSEI:STOVEKRAFTMarket cap: ₹18.7b価格と性能株価の高値、安値、推移の概要Orient Electric過去の株価現在の株価₹187.9052週高値₹238.2052週安値₹149.50ベータ0.291ヶ月の変化1.95%3ヶ月変化7.31%1年変化-20.13%3年間の変化-22.26%5年間の変化-37.53%IPOからの変化33.12%最新ニュースReported Earnings • May 09Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: ₹4.49 (up from ₹3.90 in FY 2025). Revenue: ₹33.4b (up 7.8% from FY 2025). Net income: ₹958.4m (up 15% from FY 2025). Profit margin: 2.9% (up from 2.7% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.8%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • May 06Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 6.8% to ₹184. The fair value is estimated to be ₹151, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 10.0% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.お知らせ • May 02Orient Electric Limited to Report Q4, 2026 Results on May 08, 2026Orient Electric Limited announced that they will report Q4, 2026 results on May 08, 2026Buy Or Sell Opportunity • Apr 06Now 20% overvaluedOver the last 90 days, the stock has fallen 7.6% to ₹161. The fair value is estimated to be ₹134, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 25% per annum over the same time period.Buy Or Sell Opportunity • Mar 18Now 24% overvaluedOver the last 90 days, the stock has fallen 5.4% to ₹169. The fair value is estimated to be ₹137, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 25% per annum over the same time period.Declared Dividend • Jan 24Dividend of ₹0.75 announcedDividend of ₹0.75 is the same as last year. Ex-date: 29th January 2026 Payment date: 21st February 2026 Dividend yield will be 0.8%, which is higher than the industry average of 0.5%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.0% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 114% over the next 3 years, which should provide support to the dividend and adequate earnings cover.最新情報をもっと見るRecent updatesReported Earnings • May 09Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: ₹4.49 (up from ₹3.90 in FY 2025). Revenue: ₹33.4b (up 7.8% from FY 2025). Net income: ₹958.4m (up 15% from FY 2025). Profit margin: 2.9% (up from 2.7% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.8%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • May 06Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 6.8% to ₹184. The fair value is estimated to be ₹151, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 10.0% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.お知らせ • May 02Orient Electric Limited to Report Q4, 2026 Results on May 08, 2026Orient Electric Limited announced that they will report Q4, 2026 results on May 08, 2026Buy Or Sell Opportunity • Apr 06Now 20% overvaluedOver the last 90 days, the stock has fallen 7.6% to ₹161. The fair value is estimated to be ₹134, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 25% per annum over the same time period.Buy Or Sell Opportunity • Mar 18Now 24% overvaluedOver the last 90 days, the stock has fallen 5.4% to ₹169. The fair value is estimated to be ₹137, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 25% per annum over the same time period.Declared Dividend • Jan 24Dividend of ₹0.75 announcedDividend of ₹0.75 is the same as last year. Ex-date: 29th January 2026 Payment date: 21st February 2026 Dividend yield will be 0.8%, which is higher than the industry average of 0.5%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.0% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 114% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jan 23Orient Electric Limited Approves Interim Dividend for the Financial Year 2025-26Orient Electric Limited at its Board of Directors meetings held on January 22, 2026 approved the payment of Interim Dividend of 0.75 per equity share of face value of INR 1 each for the financial year 2025-26 and have fixed January 29, 2026, as the 'Record Date' for determining the shareholders who will be entitled to the said Dividend. The Interim Dividend will be paid to the entitled shareholders within 30 days from the date of declaration.Reported Earnings • Jan 23Third quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2026 results: EPS: ₹1.22 (down from ₹1.27 in 3Q 2025). Revenue: ₹9.06b (up 11% from 3Q 2025). Net income: ₹259.8m (down 4.4% from 3Q 2025). Profit margin: 2.9% (down from 3.3% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) missed analyst estimates by 4.7%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.お知らせ • Jan 15Orient Electric Limited to Report Q3, 2026 Results on Jan 22, 2026Orient Electric Limited announced that they will report Q3, 2026 results on Jan 22, 2026Buy Or Sell Opportunity • Dec 11Now 22% overvaluedOver the last 90 days, the stock has fallen 12% to ₹179. The fair value is estimated to be ₹146, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has declined by 7.2%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 26% per annum over the same time period.New Risk • Nov 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.0% average weekly change).Buy Or Sell Opportunity • Nov 25Now 36% overvaluedOver the last 90 days, the stock has fallen 5.5% to ₹201. The fair value is estimated to be ₹147, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has declined by 7.2%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 26% per annum over the same time period.Valuation Update With 7 Day Price Move • Nov 24Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₹167, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 36x in the Consumer Durables industry in India. Total loss to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹148 per share.Reported Earnings • Oct 20Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: ₹0.57 (up from ₹0.49 in 2Q 2025). Revenue: ₹7.05b (up 6.8% from 2Q 2025). Net income: ₹120.6m (up 16% from 2Q 2025). Profit margin: 1.7% (up from 1.6% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 27%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 8% per year.お知らせ • Oct 08Orient Electric Limited to Report Q2, 2026 Results on Oct 17, 2025Orient Electric Limited announced that they will report Q2, 2026 results on Oct 17, 2025お知らせ • Jul 15Orient Electric Limited to Report Q1, 2026 Results on Jul 25, 2025Orient Electric Limited announced that they will report Q1, 2026 results on Jul 25, 2025Upcoming Dividend • Jul 11Upcoming dividend of ₹0.75 per shareEligible shareholders must have bought the stock before 18 July 2025. Payment date: 24 August 2025. Payout ratio is a comfortable 38% and the cash payout ratio is 99%. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.2%). Higher than average of industry peers (0.4%).Reported Earnings • Jul 05Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ₹3.90 (up from ₹3.53 in FY 2024). Revenue: ₹30.9b (up 10.0% from FY 2024). Net income: ₹832.1m (up 11% from FY 2024). Profit margin: 2.7% (in line with FY 2024). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 3.6%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.New Risk • Jul 04New major risk - Revenue and earnings growthEarnings have declined by 5.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.3% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (99% cash payout ratio).Declared Dividend • Jun 26Final dividend of ₹0.75 announcedDividend of ₹0.75 is the same as last year. Ex-date: 18th July 2025 Payment date: 24th August 2025 Dividend yield will be 0.7%, which is higher than the industry average of 0.5%. Sustainability & Growth Dividend is covered by earnings (38% earnings payout ratio) but not adequately covered by cash flows (99% cash payout ratio). The dividend has increased by an average of 6.0% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 99% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jun 25Orient Electric Limited, Annual General Meeting, Jul 25, 2025Orient Electric Limited, Annual General Meeting, Jul 25, 2025, at 15:30 Indian Standard Time.Reported Earnings • Apr 27Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ₹3.90 (up from ₹3.53 in FY 2024). Revenue: ₹30.9b (up 10.0% from FY 2024). Net income: ₹832.1m (up 11% from FY 2024). Profit margin: 2.7% (in line with FY 2024). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 3.6%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.お知らせ • Apr 25+ 1 more updateOrient Electric Limited Proposes Final Dividend for the Financial Year Ended March 31, 2025Orient Electric Limited announced the Board of Directors at their meeting held on April 25, 2025, inter-alia, considered and: Recommended a final dividend of INR 0.75/- (75%) per equity share of face value of INR 1 each for the financial year ended March 31, 2025, which is subject To Approve the shareholders at the upcoming Annual General Meeting (AGM) of the Company. The Final dividend shall be paid to the shareholders within 30 days from the date of AGM post approval by the shareholders. The Company had declared and paid an interim dividend of INR 0.75 (75%) per equity share during the previous quarter of the financial year 2024-25, thereby making a total dividend of INR 1.50 (150 %) per equity share of INR 1/- each for the financial year 2024-25. Date of the AGM along with Record Date /Book Closure shall be communicated in due course.お知らせ • Apr 21Orient Electric Limited to Report Q4, 2025 Results on Apr 25, 2025Orient Electric Limited announced that they will report Q4, 2025 results on Apr 25, 2025お知らせ • Mar 07Orient Electric Limited Approves Designating Dipti Mishra as the Compliance OfficerOrient Electric Limited announced that the Board of Directors of the Company, on the recommendation of the Nomination & Remuneration Committee, approved designating Ms. Dipti Mishra as the Compliance Officer of the Company with effect from March 7, 2025. Terms of appointment: on existing terms as per the appointment letter. Ms. Dipti Mishra, a qualified Company Secretary (ACS -45381) having over 9 years of experience in Listing Compliance, RBI regulation and corporate governance. She has assisted in fundraising initiatives including Qualified Institutional Placements (QIP), Rights Issues and merger activities in her previous company.お知らせ • Jan 30Orient Electric Limited Announces Resignation of Bhagirath Singh Galgat, Head-Manufacturing Excellence & Special ProjectsOrient Electric Limited announced that Mr. Bhagirath Singh Galgat, Head-Manufacturing Excellence & Special Projects, a Senior Management Personnel of the company, has resigned from the services of the company vide resignation letter dated January 30, 2025. Date of cessation is January 30, 2025.Reported Earnings • Jan 30Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: ₹1.27 (up from ₹1.14 in 3Q 2024). Revenue: ₹8.19b (up 8.9% from 3Q 2024). Net income: ₹271.7m (up 12% from 3Q 2024). Profit margin: 3.3% (up from 3.2% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.お知らせ • Jan 22Orient Electric Limited to Report Nine Months, 2025 Results on Jan 29, 2025Orient Electric Limited announced that they will report nine months, 2025 results on Jan 29, 2025New Risk • Jan 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (2.1% net profit margin).お知らせ • Dec 18Orient Electric Limited Announces Chief Financial Officer ChangesOrient Electric Limited announced that the board of directors in its meeting held on December 17, 2024 approved that Mr. Saibal Sengupta will be retiring from the office of Chief Financial Officer of the Company on attaining the superannuation with effect from the close business hours on December 31, 2024. Mr. Arvind Vats has been appointed as the Chief Financial Officer of the Company with effect from January 1, 2025. Mr. Arvind Vats joined the Company on December 17, 2024 as Chief Financial Officer - Designate. Mr. Arvind Vats is a Chartered Accountant, CWA and MBA with 30 years of post-qualification experience in the field of Accounting, Financial Planning & Analysis, Business Strategy formation & implementation, Automation, Business Transformation, IPO & Listing, Investors Relations, Corporate Governance, Funding & Treasury, Taxation, MIS, Budgeting or AOP, Establishing Process and Controls, Enterprise Risk Management, Audits & Investigations, matters relating to commercial & business operations. He has worked with varied industries like FMCG, Modern Retail, QSR-Food Retail, Telecommunication and Textile. He has enabled the growth and turnaround of organizations by active participation in strategy formation & implementation and decision-making process.お知らせ • Dec 17Orient Electric Limited Announces Executive ChangesOrient Electric Limited announced that the board of directors in its meeting held on December 17, 2024 approved that Mr. Saibal Sengupta will be retiring from the office and cease to be the Key Managerial Personnel and Chief Risk Officer of the Company. Mr. Arvind Vats has been appointed as Key Managerial Personnel of the Company with effect from January 1, 2025. He is also being designated as Chief Risk Officer of the Company with effect from that date. Mr. Arvind Vats joined the Company on December 17, 2024 as Chief Financial Officer - Designate. Mr. Hitesh Kumar Jain has resigned from the position of Company Secretary and Compliance Officer as well as Key Managerial Personnel of the Company, submitted vide his resignation letter dated December 17, 2024 to be effective from the close of business hours on December 20, 2024. Mr. Arvind Vats is a Chartered Accountant, CWA and MBA with 30 years of post qualification experience in the field of Accounting, Financial Planning & Analysis, Business Strategy formation & implementation, Automation, Business Transformation, IPO & Listing, Investors Relations, Corporate Governance, Funding & Treasury, Taxation, MIS, Budgeting or AOP, Establishing Process and Controls, Enterprise Risk Management, Audits & Investigations, matters relating to commercial & business operations. He has worked with varied industries like FMCG, Modern Retail, QSR-Food Retail, Telecommunication and Textile. He has enabled the growth and turnaround of organizations by active participation in strategy formation & implementation and decision-making process. Mr. Hitesh Kumar Jain, to pursue career opportunity outside the Company, has resigned from the position of Company Secretary & Compliance Officer of the Company vide his resignation letter dated December 17, 2024, to be effective from the close of business hours on December 20, 2024 and accordingly will ceased to be the Key Managerial Personnel of the Company.Reported Earnings • Oct 26Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: ₹0.49 (down from ₹0.86 in 2Q 2024). Revenue: ₹6.60b (up 16% from 2Q 2024). Net income: ₹104.4m (down 43% from 2Q 2024). Profit margin: 1.6% (down from 3.3% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.1%. Earnings per share (EPS) also surpassed analyst estimates by 8.9%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.お知らせ • Oct 19Orient Electric Limited to Report Q2, 2025 Results on Oct 25, 2024Orient Electric Limited announced that they will report Q2, 2025 results on Oct 25, 2024お知らせ • Sep 12Orient Electric Limited Announces Resignation of Sakti Parida as VP - Chief Procurement OfficerOrient Electric Limited announced that Mr. Sakti Parida, VP - Chief Procurement Officer, a Senior Management Personnel of the Company, has resigned from the services of the Company vide resignation letter dated September 12, 2024 due to personal reason.Price Target Changed • Aug 05Price target increased by 8.9% to ₹280Up from ₹257, the current price target is an average from 15 analysts. New target price is 7.7% above last closing price of ₹260. Stock is up 7.8% over the past year. The company is forecast to post earnings per share of ₹5.43 for next year compared to ₹3.53 last year.お知らせ • Aug 03Orient Electric Limited Approves Final Dividend for the Financial Year Ended March 31, 2024Orient Electric Limited announced that at its AGM held on August 1, 2024, the shareholders approved final dividend of INR 0.75 (75%) per equity share of face value of INR 1 each for the financial year ended March 31, 2024.お知らせ • Jul 18Orient Electric Limited to Report Q1, 2025 Results on Aug 01, 2024Orient Electric Limited announced that they will report Q1, 2025 results on Aug 01, 2024Upcoming Dividend • Jul 18Upcoming dividend of ₹0.75 per shareEligible shareholders must have bought the stock before 25 July 2024. Payment date: 31 August 2024. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.1%). Higher than average of industry peers (0.3%).Reported Earnings • Jul 10Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₹3.53 (down from ₹3.57 in FY 2023). Revenue: ₹28.1b (up 11% from FY 2023). Net income: ₹752.7m (flat on FY 2023). Profit margin: 2.7% (down from 3.0% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Declared Dividend • Jul 04Final dividend of ₹0.75 announcedDividend of ₹0.75 is the same as last year. Ex-date: 25th July 2024 Payment date: 31st August 2024 Dividend yield will be 0.5%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.0% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 105% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jul 02Orient Electric Limited, Annual General Meeting, Aug 01, 2024Orient Electric Limited, Annual General Meeting, Aug 01, 2024, at 15:30 Indian Standard Time.お知らせ • May 31+ 1 more updateOrient Electric Limited Announces Resignation of Desh Deepak Khetrapal as Managing DirectorOrient Electric Limited at its board meeting held on May 30, 2024, announced resignation of Mr. Desh Deepak Khetrapal as Managing Director of the Company, to be effective from the close of business hours on May 30, 2024.Reported Earnings • May 10Full year 2024 earnings released: EPS: ₹3.53 (vs ₹3.57 in FY 2023)Full year 2024 results: EPS: ₹3.53 (down from ₹3.57 in FY 2023). Revenue: ₹28.3b (up 12% from FY 2023). Net income: ₹752.7m (flat on FY 2023). Profit margin: 2.7% (down from 3.0% in FY 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.お知らせ • May 10Orient Electric Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024Orient Electric Limited at its board meeting held on May 09, 2024, recommended a final dividend of INR 0.75 (@75%) per equity share of face value of INR 1 each for the financial year ended March 31, 2024, which is subject To Approve the shareholders at the upcoming Annual General Meeting (AGM) of the Company. The Final dividend shall be paid to the shareholders within 30 days from the date of AGM post approval by the shareholders. The Company had declared and paid an interim dividend of INR 0.75 (75%) per equity share during the previous quarter of financial year 2023-24, thereby making a total dividend of INR 1.50 (150 %) per equity share of INR 1/- each for the financial year 2023-24. Date of the AGM along with Record Date /Book Closure shall be communicated in due course.お知らせ • May 05Orient Electric Limited to Report Q4, 2024 Results on May 09, 2024Orient Electric Limited announced that they will report Q4, 2024 results on May 09, 2024Upcoming Dividend • Feb 06Upcoming dividend of ₹0.75 per share at 0.7% yieldEligible shareholders must have bought the stock before 13 February 2024. Payment date: 02 March 2024. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.1%). Higher than average of industry peers (0.5%).Reported Earnings • Feb 02Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: ₹1.14 (down from ₹1.53 in 3Q 2023). Revenue: ₹7.56b (up 2.3% from 3Q 2023). Net income: ₹243.3m (down 25% from 3Q 2023). Profit margin: 3.2% (down from 4.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.お知らせ • Jan 23Orient Electric Limited to Report Nine Months, 2024 Results on Feb 01, 2024Orient Electric Limited announced that they will report nine months, 2024 results on Feb 01, 2024お知らせ • Dec 22Orient Electric Limited Announces Puneet Dhawan, Executive Vice President Resigned from the Services of the CompanyOrient Electric Limited announced that Mr. Puneet Dhawan, Executive Vice President & BU Head Lighting, Switchgear, Wiring Accessories and Senior Management Personnel of the Company has resigned from the services of the Company vide resignation letter dated December 22, 2023. His last working day will be December 31, 2023 from the close of business hours.Recent Insider Transactions • Dec 10Insider recently sold ₹1.4m worth of stockOn the 5th of December, Puneet Dhawan sold around 6k shares on-market at roughly ₹220 per share. This transaction amounted to 7.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹79m more than they bought in the last 12 months.Reported Earnings • Nov 04Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: ₹0.86 (up from ₹0.013 loss in 2Q 2023). Revenue: ₹5.70b (up 12% from 2Q 2023). Net income: ₹184.5m (up ₹187.3m from 2Q 2023). Profit margin: 3.2% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 84%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Oct 28Orient Electric Limited to Report Q2, 2024 Results on Nov 03, 2023Orient Electric Limited announced that they will report Q2, 2024 results on Nov 03, 2023お知らせ • Oct 10Orient Electric Limited Approves Appointment of Mr. Raju Lal as an Additional Director in the Category of Independent Director, Effective October 11, 2023Orient Electric Limited informed that the Board of Directors of the Company through resolution by circulation passed on 7 October, 2023 on the recommendation of the Nomination & Remuneration Committee, approved the appointment of Mr. Raju Lal as an Additional Director in the category of Independent Director of the Company for a period of 5 years. His appointment will be effective from the date of obtaining of Director Identification Number from Ministry of Corporate Affairs or October 11, 2023, whichever is later.Mr. Lal is a Chartered Accountant by qualification. He is a versatile and communicative professional with over 30 years of experience in capturing profitable business opportunities and motivating talented, cross-functional team of large number of employees. He has done various certification programmes.お知らせ • Oct 05Orient Electric Limited Appoints Jyotsna Balasubramanian as Head - Internal AuditOrient Electric Limited announced that the Board of Directors of the Company through resolution by circulation passed on 04th October, 2023 on the recommendation of the Nomination & Remuneration Committee, approved the appointment of Ms. Jyotsna Balasubramanian for the position of Head - Internal Audit in the Company. Her appointment is effective from October 04, 2023. Ms. Jyotsna Balasubramanian is carrying over 15 years of experience in Controllership, Financial Accounting & Reporting, Enterprise Risk Management, Assurance, Internal Controls and SOX Compliance. She is a Chartered Accountant and CPA from Colorado Board of Accountancy, USA. She has the experience of leading the Risk and Controls function across Global Business Service locations of her previous organization in APAC (including India and China), US and Europe.お知らせ • Aug 03Orient Electric Limited Approves Final Dividend for the Financial Year Ended March 31, 2023Orient Electric Limited at its AGM held on August 02, 2023 approved final dividend of INR 0.75 (75%) per equity share of face value of INR 1 each for the financial year ended March 31, 2023.お知らせ • Jul 26Orient Electric Limited to Report Q1, 2024 Results on Aug 02, 2023Orient Electric Limited announced that they will report Q1, 2024 results on Aug 02, 2023Board Change • Jul 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Non-Executive Vice Chairman Desh Khetrapal was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Jul 19Upcoming dividend of ₹0.75 per share at 0.6% yieldEligible shareholders must have bought the stock before 26 July 2023. Payment date: 01 September 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.5%). In line with average of industry peers (0.5%).お知らせ • Jul 15+ 1 more updateOrient Electric Limited Announces Resignation of Mr. Rajan Gupta as Managing Director and Chief Executive OfficerOrient Electric Limited approved resignation of Mr. Rajan Gupta from the position of Managing Director & Chief Executive Officer of the Company, to be effective from the close of business hours on July 14, 2023. Pursuant to Sub-para (7C) of Para A of Part A of Regulation 30 of Listing Regulations, the copy of his resignation letters as submitted to the Company are enclosed herewith as Annexure 1a.Reported Earnings • Jul 08Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: ₹3.57 (down from ₹5.97 in FY 2022). Revenue: ₹25.3b (up 3.3% from FY 2022). Net income: ₹758.5m (down 40% from FY 2022). Profit margin: 3.0% (down from 5.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) also missed analyst estimates by 22%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 12% per year.Recent Insider Transactions • Jul 04Insider recently sold ₹1.6m worth of stockOn the 30th of June, Sunil Singh sold around 7k shares on-market at roughly ₹235 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹4.9m. Insiders have been net sellers, collectively disposing of ₹88m more than they bought in the last 12 months.Recent Insider Transactions • Jun 10Insider recently sold ₹2.4m worth of stockOn the 6th of June, Rakesh Khanna sold around 10k shares on-market at roughly ₹240 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹5.5m. Insiders have been net sellers, collectively disposing of ₹76m more than they bought in the last 12 months.Recent Insider Transactions • May 26Insider recently sold ₹2.1m worth of stockOn the 24th of May, John Benzon sold around 9k shares on-market at roughly ₹222 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹14m. Insiders have been net sellers, collectively disposing of ₹74m more than they bought in the last 12 months.Reported Earnings • May 23Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: ₹3.57 (down from ₹5.97 in FY 2022). Revenue: ₹25.6b (up 4.4% from FY 2022). Net income: ₹758.5m (down 40% from FY 2022). Profit margin: 3.0% (down from 5.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) also missed analyst estimates by 22%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 10% per year.お知らせ • May 23Orient Electric Limited, Annual General Meeting, Jul 25, 2023Orient Electric Limited, Annual General Meeting, Jul 25, 2023. Agenda: To approve the re-appointment of Mr. Rakesh Khanna as the Managing Director of the Company for a period of two years effective January 23, 2022.Price Target Changed • May 16Price target decreased by 11% to ₹271Down from ₹304, the current price target is an average from 13 analysts. New target price is 22% above last closing price of ₹222. Stock is down 21% over the past year. The company is forecast to post earnings per share of ₹4.58 for next year compared to ₹5.97 last year.お知らせ • May 13Orient Electric Limited Recommends Final Dividend for the Year Ended March 31, 2023Orient Electric Limited at Board meeting held on May 12, 2023 the company recommended a final dividend of INR 0.75 (75 %) per equity share of face value of INR 1 each for the financial year ended March 31, 2023, which is subject To Approve the shareholders at the upcoming Annual General Meeting (AGM) of the Company, which shall be paid to the shareholders with 30 days of declaration by the shareholders. The Company had declared and paid an interim dividend of INR 0.75 (75%) per equity share during the previous quarter of fiscal year 2023, thereby making a total dividend of INR 1.50 (150 %) per equity share of INR 1 each for the fiscal year 2023. Date of the AGM along with Record Date Book Closure shall be communicated in due course.お知らせ • May 06Orient Electric Limited to Report Q4, 2023 Results on May 12, 2023Orient Electric Limited announced that they will report Q4, 2023 results on May 12, 2023Recent Insider Transactions • Mar 08MD, CEO & Executive Director recently sold ₹5.5m worth of stockOn the 1st of March, Rakesh Khanna sold around 20k shares on-market at roughly ₹275 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Rakesh has been a net seller over the last 12 months, reducing personal holdings by ₹8.6m.Recent Insider Transactions • Feb 14Insider recently sold ₹1.4m worth of stockOn the 9th of February, Atul Jain sold around 5k shares on-market at roughly ₹274 per share. This transaction amounted to 5.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹14m more than they bought in the last 12 months.Recent Insider Transactions • Feb 09Insider recently sold ₹1.4m worth of stockOn the 3rd of February, Atul Jain sold around 5k shares on-market at roughly ₹274 per share. This transaction amounted to 5.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹13m more than they bought in the last 12 months.Upcoming Dividend • Feb 02Upcoming dividend of ₹0.75 per share at 0.7% yieldEligible shareholders must have bought the stock before 09 February 2023. Payment date: 01 March 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.6%). In line with average of industry peers (0.6%).お知らせ • Jan 31Orient Electric Limited Approves Interim Dividend for the Financial Year 2022-23Orient Electric Limited at the Board of Directors meeting held on January 30, 2023, approved the payment of Interim Dividend of INR 0.75 (75%) per equity share of face value of INR 1 each for the financial year 2022-23 and have fixed February 09, 2023 as the 'Record Date' for determining the shareholders who will be entitled to the said Dividend. The Interim Dividend will be paid to the entitled shareholders within 30 days from the date of declaration.Reported Earnings • Jan 31Third quarter 2023 earnings released: EPS: ₹1.53 (vs ₹1.79 in 3Q 2022)Third quarter 2023 results: EPS: ₹1.53 (down from ₹1.79 in 3Q 2022). Revenue: ₹7.48b (up 10% from 3Q 2022). Net income: ₹325.6m (down 14% from 3Q 2022). Profit margin: 4.4% (down from 5.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Nov 26VP & Head of Manufacturing – Fans recently sold ₹1.2m worth of stockOn the 24th of November, Arvind Singh sold around 4k shares on-market at roughly ₹278 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹2.7m. Insiders have been net sellers, collectively disposing of ₹12m more than they bought in the last 12 months.Major Estimate Revision • Nov 16Consensus EPS estimates fall by 25%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from ₹27.8b to ₹26.4b. EPS estimate also fell from ₹6.71 per share to ₹5.02 per share. Net income forecast to grow 28% next year vs 39% growth forecast for Consumer Durables industry in India. Consensus price target down from ₹341 to ₹306. Share price was steady at ₹265 over the past week.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Non-Executive Vice Chairman Desh Khetrapal was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Major Estimate Revision • Nov 10Consensus EPS estimates fall by 27%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from ₹27.8b to ₹26.4b. EPS estimate also fell from ₹6.71 per share to ₹4.90 per share. Net income forecast to grow 34% next year vs 37% growth forecast for Consumer Durables industry in India. Consensus price target down from ₹341 to ₹315. Share price fell 3.0% to ₹260 over the past week.Price Target Changed • Nov 09Price target decreased to ₹316Down from ₹341, the current price target is an average from 14 analysts. New target price is 20% above last closing price of ₹263. Stock is down 30% over the past year. The company is forecast to post earnings per share of ₹5.16 for next year compared to ₹5.97 last year.Reported Earnings • Nov 06Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: ₹0.013 loss per share (down from ₹1.64 profit in 2Q 2022). Revenue: ₹5.11b (down 14% from 2Q 2022). Net loss: ₹2.80m (down 101% from profit in 2Q 2022). Revenue missed analyst estimates by 12%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Sep 30Insider recently sold ₹2.7m worth of stockOn the 27th of September, Sunil Singh sold around 10k shares on-market at roughly ₹272 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹9.7m more than they bought in the last 12 months.Recent Insider Transactions • Sep 14VP & Head of Manufacturing – Fans recently sold ₹2.6m worth of stockOn the 12th of September, Arvind Singh sold around 10k shares on-market at roughly ₹259 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹3.7m more than they bought in the last 12 months.お知らせ • Sep 13Orient Appoints Anika Agarwal as Chief Marketing/ Customer Experience OfficerOrient Electric Limited has strengthened its leadership team with the appointment of Anika Agarwal as Chief Marketing and Customer Experience Officer. Anika comes with a rich experience of more than two decades in marketing, digital transformation, and direct-to-consumer business across industries including retail, telecom, and insurance. She has previously been associated with reputed companies like Nokia Corporation, Niva Bupa Health Insurance and her last assignment was with MMTC-PAMP as President-Consumer Business. Prior to that, Anika was associated with Niva Bupa Health Insurance for close to adecade as their Chief Marketing Officer and Director-Digital SBU. At Orient Electric, Anika will be responsible for all aspects of the Orient brand, driving the overall brand and Go-to-Market strategy. She will be supporting the growth and market expansion for all Business Units of the company including Fans, Home Appliances, Lighting and Switchgear as well as scale up the digital footprint of the business. Anika will be based at the company's Head Office in New Delhi.Recent Insider Transactions • Sep 07VP & Head of Manufacturing – Fans recently sold ₹1.1m worth of stockOn the 2nd of September, Arvind Singh sold around 4k shares on-market at roughly ₹256 per share. This transaction amounted to 7.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Major Estimate Revision • Aug 01Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from ₹28.4b to ₹27.8b. EPS estimate also fell from ₹7.66 per share to ₹6.76 per share. Net income forecast to grow 11% next year vs 38% growth forecast for Consumer Durables industry in India. Consensus price target down from ₹375 to ₹354. Share price fell 9.6% to ₹260 over the past week.お知らせ • Jul 27Orient Electric Limited Final Dividend for the Financial Year Ended March 31, 2022Orient Electric Limited announced that at its AGM held on July 25, 2022, shareholders approved the final dividend of INR 1.25 per equity share of face value of INR 1 each for the financial year ended March 31, 2022 and confirmation of the interim dividend of INR 0.75 per equity share, already paid during the financial year 2021-22.Upcoming Dividend • Jul 08Upcoming dividend of ₹1.25 per shareEligible shareholders must have bought the stock before 15 July 2022. Payment date: 23 August 2022. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.8%). Higher than average of industry peers (0.5%).Reported Earnings • Jul 03Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₹5.97 (up from ₹5.64 in FY 2021). Revenue: ₹24.5b (up 21% from FY 2021). Net income: ₹1.27b (up 5.8% from FY 2021). Profit margin: 5.2% (down from 5.9% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) also missed analyst estimates by 5.7%. Over the next year, revenue is forecast to grow 16%, compared to a 28% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 02+ 3 more updatesOrient Electric Limited to Report Q3, 2023 Results on Feb 14, 2023Orient Electric Limited announced that they will report Q3, 2023 results on Feb 14, 2023お知らせ • Jun 29Orient Electric Limited, Annual General Meeting, Jul 25, 2022Orient Electric Limited, Annual General Meeting, Jul 25, 2022, at 15:30 Indian Standard Time. Agenda: To consider the payment of final dividend to the shareholders of the Company for the financial year ended on March 31, 2022 at the rate of Re. 1.25 (125%) per share of Re. 1 each.お知らせ • May 12Orient Electric Limited Recommends Final Dividend for the Financial Year Ended March 31, 2022Orient Electric Limited recommended a final dividend of INR 1.25 (@125%) per equity share of face value of INR 1 each for the financial year ended March 31, 2022, which is subject To Approve the shareholders at the upcoming Annual General Meeting (AGM) of the Company, making a total dividend of INR 2 (@200%) per equity share of INR 1 each for the financial year 2021-22, including interim dividend of INR 0.75 (@75%) per equity share declared earlier during the financial year 2021-22.Reported Earnings • May 11Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₹5.97 (up from ₹5.64 in FY 2021). Revenue: ₹24.5b (up 21% from FY 2021). Net income: ₹1.27b (up 5.8% from FY 2021). Profit margin: 5.2% (down from 5.9% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) also missed analyst estimates by 5.7%. Over the next year, revenue is forecast to grow 19%, compared to a 27% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 25% per year.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Non-Executive Vice Chairman Desh Khetrapal was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.株主還元541301IN Consumer DurablesIN 市場7D-0.9%2.5%2.2%1Y-20.1%-20.6%0.06%株主還元を見る業界別リターン: 541301過去 1 年間で-20.6 % のリターンをもたらしたIndian Consumer Durables業界と一致しました。リターン対市場: 541301は、過去 1 年間で0.1 % のリターンを上げたIndian市場を下回りました。価格変動Is 541301's price volatile compared to industry and market?541301 volatility541301 Average Weekly Movement6.0%Consumer Durables Industry Average Movement7.4%Market Average Movement7.2%10% most volatile stocks in IN Market10.3%10% least volatile stocks in IN Market4.8%安定した株価: 541301 、 Indian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 541301の 週次ボラティリティ ( 6% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト20161,267Ravindra Negiwww.orientelectric.comオリエント・エレクトリック社は、耐久消費財、照明器具、開閉器製品の製造、仕入、販売をインド国内外で行っている。2つのセグメントで事業展開：耐久消費財事業、照明・開閉器事業。天井扇、ポータブル扇、送風扇、天井扇、壁掛け扇、生活扇、台座扇、テーブル扇、換気扇、マルチユーティリティ扇、および関連部品と付属品、エアクーラー、ルームヒーター、給湯器、オイル式ラジエーター、ヒートコンベクター、スチームアイロン、ドライアイロン、ミキサーグラインダー、ジューサーミキサー、ナッツリーミキサー、ハンドブレンダー、ウェットグラインダー、電気ケトル、炊飯器、IHクッキングヒーター、電気トースター、電気ハンドミキサーなどの家電製品、健康器具を提供している。また、LED電球・照明器具、LEDランプ・管球、業務用照明製品、蛍光管ライト、白熱灯、装飾用・従来型継手などの照明製品、小型・残留電流ブレーカー、分電盤、アイソレーター、モジュラースイッチ・ソケット・プレートなどの開閉器、配線アクセサリーを提供している。また、スマートショップによるフランチャイズも行っている。同社は販売/流通ネットワークとオンラインを通じて製品を販売している。オリエント・エレクトリック社は2016年に設立され、インドのニューデリーに本社を置いている。もっと見るOrient Electric Limited 基礎のまとめOrient Electric の収益と売上を時価総額と比較するとどうか。541301 基礎統計学時価総額₹40.09b収益（TTM）₹958.40m売上高(TTM)₹33.26b41.8xPER（株価収益率1.2xP/Sレシオ541301 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計541301 損益計算書（TTM）収益₹33.26b売上原価₹22.90b売上総利益₹10.36bその他の費用₹9.40b収益₹958.40m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）4.49グロス・マージン31.15%純利益率2.88%有利子負債／自己資本比率3.5%541301 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.8%現在の配当利回り33%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/26 20:40終値2026/05/26 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Orient Electric Limited 13 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。19 アナリスト機関Dhruv JainAmbit CapitalManish ValechaAnand Rathi Shares and Stock Brokers Limitednull nullAsian Markets Securities Private Limited16 その他のアナリストを表示
Reported Earnings • May 09Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: ₹4.49 (up from ₹3.90 in FY 2025). Revenue: ₹33.4b (up 7.8% from FY 2025). Net income: ₹958.4m (up 15% from FY 2025). Profit margin: 2.9% (up from 2.7% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.8%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • May 06Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 6.8% to ₹184. The fair value is estimated to be ₹151, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 10.0% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.
お知らせ • May 02Orient Electric Limited to Report Q4, 2026 Results on May 08, 2026Orient Electric Limited announced that they will report Q4, 2026 results on May 08, 2026
Buy Or Sell Opportunity • Apr 06Now 20% overvaluedOver the last 90 days, the stock has fallen 7.6% to ₹161. The fair value is estimated to be ₹134, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 25% per annum over the same time period.
Buy Or Sell Opportunity • Mar 18Now 24% overvaluedOver the last 90 days, the stock has fallen 5.4% to ₹169. The fair value is estimated to be ₹137, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 25% per annum over the same time period.
Declared Dividend • Jan 24Dividend of ₹0.75 announcedDividend of ₹0.75 is the same as last year. Ex-date: 29th January 2026 Payment date: 21st February 2026 Dividend yield will be 0.8%, which is higher than the industry average of 0.5%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.0% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 114% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 09Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: ₹4.49 (up from ₹3.90 in FY 2025). Revenue: ₹33.4b (up 7.8% from FY 2025). Net income: ₹958.4m (up 15% from FY 2025). Profit margin: 2.9% (up from 2.7% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.8%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • May 06Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 6.8% to ₹184. The fair value is estimated to be ₹151, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 10.0% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.
お知らせ • May 02Orient Electric Limited to Report Q4, 2026 Results on May 08, 2026Orient Electric Limited announced that they will report Q4, 2026 results on May 08, 2026
Buy Or Sell Opportunity • Apr 06Now 20% overvaluedOver the last 90 days, the stock has fallen 7.6% to ₹161. The fair value is estimated to be ₹134, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 25% per annum over the same time period.
Buy Or Sell Opportunity • Mar 18Now 24% overvaluedOver the last 90 days, the stock has fallen 5.4% to ₹169. The fair value is estimated to be ₹137, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 25% per annum over the same time period.
Declared Dividend • Jan 24Dividend of ₹0.75 announcedDividend of ₹0.75 is the same as last year. Ex-date: 29th January 2026 Payment date: 21st February 2026 Dividend yield will be 0.8%, which is higher than the industry average of 0.5%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.0% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 114% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jan 23Orient Electric Limited Approves Interim Dividend for the Financial Year 2025-26Orient Electric Limited at its Board of Directors meetings held on January 22, 2026 approved the payment of Interim Dividend of 0.75 per equity share of face value of INR 1 each for the financial year 2025-26 and have fixed January 29, 2026, as the 'Record Date' for determining the shareholders who will be entitled to the said Dividend. The Interim Dividend will be paid to the entitled shareholders within 30 days from the date of declaration.
Reported Earnings • Jan 23Third quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2026 results: EPS: ₹1.22 (down from ₹1.27 in 3Q 2025). Revenue: ₹9.06b (up 11% from 3Q 2025). Net income: ₹259.8m (down 4.4% from 3Q 2025). Profit margin: 2.9% (down from 3.3% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) missed analyst estimates by 4.7%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.
お知らせ • Jan 15Orient Electric Limited to Report Q3, 2026 Results on Jan 22, 2026Orient Electric Limited announced that they will report Q3, 2026 results on Jan 22, 2026
Buy Or Sell Opportunity • Dec 11Now 22% overvaluedOver the last 90 days, the stock has fallen 12% to ₹179. The fair value is estimated to be ₹146, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has declined by 7.2%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 26% per annum over the same time period.
New Risk • Nov 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.0% average weekly change).
Buy Or Sell Opportunity • Nov 25Now 36% overvaluedOver the last 90 days, the stock has fallen 5.5% to ₹201. The fair value is estimated to be ₹147, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has declined by 7.2%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 26% per annum over the same time period.
Valuation Update With 7 Day Price Move • Nov 24Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₹167, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 36x in the Consumer Durables industry in India. Total loss to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹148 per share.
Reported Earnings • Oct 20Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: ₹0.57 (up from ₹0.49 in 2Q 2025). Revenue: ₹7.05b (up 6.8% from 2Q 2025). Net income: ₹120.6m (up 16% from 2Q 2025). Profit margin: 1.7% (up from 1.6% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 27%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 8% per year.
お知らせ • Oct 08Orient Electric Limited to Report Q2, 2026 Results on Oct 17, 2025Orient Electric Limited announced that they will report Q2, 2026 results on Oct 17, 2025
お知らせ • Jul 15Orient Electric Limited to Report Q1, 2026 Results on Jul 25, 2025Orient Electric Limited announced that they will report Q1, 2026 results on Jul 25, 2025
Upcoming Dividend • Jul 11Upcoming dividend of ₹0.75 per shareEligible shareholders must have bought the stock before 18 July 2025. Payment date: 24 August 2025. Payout ratio is a comfortable 38% and the cash payout ratio is 99%. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.2%). Higher than average of industry peers (0.4%).
Reported Earnings • Jul 05Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ₹3.90 (up from ₹3.53 in FY 2024). Revenue: ₹30.9b (up 10.0% from FY 2024). Net income: ₹832.1m (up 11% from FY 2024). Profit margin: 2.7% (in line with FY 2024). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 3.6%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
New Risk • Jul 04New major risk - Revenue and earnings growthEarnings have declined by 5.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.3% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (99% cash payout ratio).
Declared Dividend • Jun 26Final dividend of ₹0.75 announcedDividend of ₹0.75 is the same as last year. Ex-date: 18th July 2025 Payment date: 24th August 2025 Dividend yield will be 0.7%, which is higher than the industry average of 0.5%. Sustainability & Growth Dividend is covered by earnings (38% earnings payout ratio) but not adequately covered by cash flows (99% cash payout ratio). The dividend has increased by an average of 6.0% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 99% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 25Orient Electric Limited, Annual General Meeting, Jul 25, 2025Orient Electric Limited, Annual General Meeting, Jul 25, 2025, at 15:30 Indian Standard Time.
Reported Earnings • Apr 27Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ₹3.90 (up from ₹3.53 in FY 2024). Revenue: ₹30.9b (up 10.0% from FY 2024). Net income: ₹832.1m (up 11% from FY 2024). Profit margin: 2.7% (in line with FY 2024). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 3.6%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 25+ 1 more updateOrient Electric Limited Proposes Final Dividend for the Financial Year Ended March 31, 2025Orient Electric Limited announced the Board of Directors at their meeting held on April 25, 2025, inter-alia, considered and: Recommended a final dividend of INR 0.75/- (75%) per equity share of face value of INR 1 each for the financial year ended March 31, 2025, which is subject To Approve the shareholders at the upcoming Annual General Meeting (AGM) of the Company. The Final dividend shall be paid to the shareholders within 30 days from the date of AGM post approval by the shareholders. The Company had declared and paid an interim dividend of INR 0.75 (75%) per equity share during the previous quarter of the financial year 2024-25, thereby making a total dividend of INR 1.50 (150 %) per equity share of INR 1/- each for the financial year 2024-25. Date of the AGM along with Record Date /Book Closure shall be communicated in due course.
お知らせ • Apr 21Orient Electric Limited to Report Q4, 2025 Results on Apr 25, 2025Orient Electric Limited announced that they will report Q4, 2025 results on Apr 25, 2025
お知らせ • Mar 07Orient Electric Limited Approves Designating Dipti Mishra as the Compliance OfficerOrient Electric Limited announced that the Board of Directors of the Company, on the recommendation of the Nomination & Remuneration Committee, approved designating Ms. Dipti Mishra as the Compliance Officer of the Company with effect from March 7, 2025. Terms of appointment: on existing terms as per the appointment letter. Ms. Dipti Mishra, a qualified Company Secretary (ACS -45381) having over 9 years of experience in Listing Compliance, RBI regulation and corporate governance. She has assisted in fundraising initiatives including Qualified Institutional Placements (QIP), Rights Issues and merger activities in her previous company.
お知らせ • Jan 30Orient Electric Limited Announces Resignation of Bhagirath Singh Galgat, Head-Manufacturing Excellence & Special ProjectsOrient Electric Limited announced that Mr. Bhagirath Singh Galgat, Head-Manufacturing Excellence & Special Projects, a Senior Management Personnel of the company, has resigned from the services of the company vide resignation letter dated January 30, 2025. Date of cessation is January 30, 2025.
Reported Earnings • Jan 30Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: ₹1.27 (up from ₹1.14 in 3Q 2024). Revenue: ₹8.19b (up 8.9% from 3Q 2024). Net income: ₹271.7m (up 12% from 3Q 2024). Profit margin: 3.3% (up from 3.2% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
お知らせ • Jan 22Orient Electric Limited to Report Nine Months, 2025 Results on Jan 29, 2025Orient Electric Limited announced that they will report nine months, 2025 results on Jan 29, 2025
New Risk • Jan 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (2.1% net profit margin).
お知らせ • Dec 18Orient Electric Limited Announces Chief Financial Officer ChangesOrient Electric Limited announced that the board of directors in its meeting held on December 17, 2024 approved that Mr. Saibal Sengupta will be retiring from the office of Chief Financial Officer of the Company on attaining the superannuation with effect from the close business hours on December 31, 2024. Mr. Arvind Vats has been appointed as the Chief Financial Officer of the Company with effect from January 1, 2025. Mr. Arvind Vats joined the Company on December 17, 2024 as Chief Financial Officer - Designate. Mr. Arvind Vats is a Chartered Accountant, CWA and MBA with 30 years of post-qualification experience in the field of Accounting, Financial Planning & Analysis, Business Strategy formation & implementation, Automation, Business Transformation, IPO & Listing, Investors Relations, Corporate Governance, Funding & Treasury, Taxation, MIS, Budgeting or AOP, Establishing Process and Controls, Enterprise Risk Management, Audits & Investigations, matters relating to commercial & business operations. He has worked with varied industries like FMCG, Modern Retail, QSR-Food Retail, Telecommunication and Textile. He has enabled the growth and turnaround of organizations by active participation in strategy formation & implementation and decision-making process.
お知らせ • Dec 17Orient Electric Limited Announces Executive ChangesOrient Electric Limited announced that the board of directors in its meeting held on December 17, 2024 approved that Mr. Saibal Sengupta will be retiring from the office and cease to be the Key Managerial Personnel and Chief Risk Officer of the Company. Mr. Arvind Vats has been appointed as Key Managerial Personnel of the Company with effect from January 1, 2025. He is also being designated as Chief Risk Officer of the Company with effect from that date. Mr. Arvind Vats joined the Company on December 17, 2024 as Chief Financial Officer - Designate. Mr. Hitesh Kumar Jain has resigned from the position of Company Secretary and Compliance Officer as well as Key Managerial Personnel of the Company, submitted vide his resignation letter dated December 17, 2024 to be effective from the close of business hours on December 20, 2024. Mr. Arvind Vats is a Chartered Accountant, CWA and MBA with 30 years of post qualification experience in the field of Accounting, Financial Planning & Analysis, Business Strategy formation & implementation, Automation, Business Transformation, IPO & Listing, Investors Relations, Corporate Governance, Funding & Treasury, Taxation, MIS, Budgeting or AOP, Establishing Process and Controls, Enterprise Risk Management, Audits & Investigations, matters relating to commercial & business operations. He has worked with varied industries like FMCG, Modern Retail, QSR-Food Retail, Telecommunication and Textile. He has enabled the growth and turnaround of organizations by active participation in strategy formation & implementation and decision-making process. Mr. Hitesh Kumar Jain, to pursue career opportunity outside the Company, has resigned from the position of Company Secretary & Compliance Officer of the Company vide his resignation letter dated December 17, 2024, to be effective from the close of business hours on December 20, 2024 and accordingly will ceased to be the Key Managerial Personnel of the Company.
Reported Earnings • Oct 26Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: ₹0.49 (down from ₹0.86 in 2Q 2024). Revenue: ₹6.60b (up 16% from 2Q 2024). Net income: ₹104.4m (down 43% from 2Q 2024). Profit margin: 1.6% (down from 3.3% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.1%. Earnings per share (EPS) also surpassed analyst estimates by 8.9%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
お知らせ • Oct 19Orient Electric Limited to Report Q2, 2025 Results on Oct 25, 2024Orient Electric Limited announced that they will report Q2, 2025 results on Oct 25, 2024
お知らせ • Sep 12Orient Electric Limited Announces Resignation of Sakti Parida as VP - Chief Procurement OfficerOrient Electric Limited announced that Mr. Sakti Parida, VP - Chief Procurement Officer, a Senior Management Personnel of the Company, has resigned from the services of the Company vide resignation letter dated September 12, 2024 due to personal reason.
Price Target Changed • Aug 05Price target increased by 8.9% to ₹280Up from ₹257, the current price target is an average from 15 analysts. New target price is 7.7% above last closing price of ₹260. Stock is up 7.8% over the past year. The company is forecast to post earnings per share of ₹5.43 for next year compared to ₹3.53 last year.
お知らせ • Aug 03Orient Electric Limited Approves Final Dividend for the Financial Year Ended March 31, 2024Orient Electric Limited announced that at its AGM held on August 1, 2024, the shareholders approved final dividend of INR 0.75 (75%) per equity share of face value of INR 1 each for the financial year ended March 31, 2024.
お知らせ • Jul 18Orient Electric Limited to Report Q1, 2025 Results on Aug 01, 2024Orient Electric Limited announced that they will report Q1, 2025 results on Aug 01, 2024
Upcoming Dividend • Jul 18Upcoming dividend of ₹0.75 per shareEligible shareholders must have bought the stock before 25 July 2024. Payment date: 31 August 2024. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.1%). Higher than average of industry peers (0.3%).
Reported Earnings • Jul 10Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₹3.53 (down from ₹3.57 in FY 2023). Revenue: ₹28.1b (up 11% from FY 2023). Net income: ₹752.7m (flat on FY 2023). Profit margin: 2.7% (down from 3.0% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Declared Dividend • Jul 04Final dividend of ₹0.75 announcedDividend of ₹0.75 is the same as last year. Ex-date: 25th July 2024 Payment date: 31st August 2024 Dividend yield will be 0.5%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.0% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 105% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jul 02Orient Electric Limited, Annual General Meeting, Aug 01, 2024Orient Electric Limited, Annual General Meeting, Aug 01, 2024, at 15:30 Indian Standard Time.
お知らせ • May 31+ 1 more updateOrient Electric Limited Announces Resignation of Desh Deepak Khetrapal as Managing DirectorOrient Electric Limited at its board meeting held on May 30, 2024, announced resignation of Mr. Desh Deepak Khetrapal as Managing Director of the Company, to be effective from the close of business hours on May 30, 2024.
Reported Earnings • May 10Full year 2024 earnings released: EPS: ₹3.53 (vs ₹3.57 in FY 2023)Full year 2024 results: EPS: ₹3.53 (down from ₹3.57 in FY 2023). Revenue: ₹28.3b (up 12% from FY 2023). Net income: ₹752.7m (flat on FY 2023). Profit margin: 2.7% (down from 3.0% in FY 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
お知らせ • May 10Orient Electric Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024Orient Electric Limited at its board meeting held on May 09, 2024, recommended a final dividend of INR 0.75 (@75%) per equity share of face value of INR 1 each for the financial year ended March 31, 2024, which is subject To Approve the shareholders at the upcoming Annual General Meeting (AGM) of the Company. The Final dividend shall be paid to the shareholders within 30 days from the date of AGM post approval by the shareholders. The Company had declared and paid an interim dividend of INR 0.75 (75%) per equity share during the previous quarter of financial year 2023-24, thereby making a total dividend of INR 1.50 (150 %) per equity share of INR 1/- each for the financial year 2023-24. Date of the AGM along with Record Date /Book Closure shall be communicated in due course.
お知らせ • May 05Orient Electric Limited to Report Q4, 2024 Results on May 09, 2024Orient Electric Limited announced that they will report Q4, 2024 results on May 09, 2024
Upcoming Dividend • Feb 06Upcoming dividend of ₹0.75 per share at 0.7% yieldEligible shareholders must have bought the stock before 13 February 2024. Payment date: 02 March 2024. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.1%). Higher than average of industry peers (0.5%).
Reported Earnings • Feb 02Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: ₹1.14 (down from ₹1.53 in 3Q 2023). Revenue: ₹7.56b (up 2.3% from 3Q 2023). Net income: ₹243.3m (down 25% from 3Q 2023). Profit margin: 3.2% (down from 4.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
お知らせ • Jan 23Orient Electric Limited to Report Nine Months, 2024 Results on Feb 01, 2024Orient Electric Limited announced that they will report nine months, 2024 results on Feb 01, 2024
お知らせ • Dec 22Orient Electric Limited Announces Puneet Dhawan, Executive Vice President Resigned from the Services of the CompanyOrient Electric Limited announced that Mr. Puneet Dhawan, Executive Vice President & BU Head Lighting, Switchgear, Wiring Accessories and Senior Management Personnel of the Company has resigned from the services of the Company vide resignation letter dated December 22, 2023. His last working day will be December 31, 2023 from the close of business hours.
Recent Insider Transactions • Dec 10Insider recently sold ₹1.4m worth of stockOn the 5th of December, Puneet Dhawan sold around 6k shares on-market at roughly ₹220 per share. This transaction amounted to 7.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹79m more than they bought in the last 12 months.
Reported Earnings • Nov 04Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: ₹0.86 (up from ₹0.013 loss in 2Q 2023). Revenue: ₹5.70b (up 12% from 2Q 2023). Net income: ₹184.5m (up ₹187.3m from 2Q 2023). Profit margin: 3.2% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 84%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Oct 28Orient Electric Limited to Report Q2, 2024 Results on Nov 03, 2023Orient Electric Limited announced that they will report Q2, 2024 results on Nov 03, 2023
お知らせ • Oct 10Orient Electric Limited Approves Appointment of Mr. Raju Lal as an Additional Director in the Category of Independent Director, Effective October 11, 2023Orient Electric Limited informed that the Board of Directors of the Company through resolution by circulation passed on 7 October, 2023 on the recommendation of the Nomination & Remuneration Committee, approved the appointment of Mr. Raju Lal as an Additional Director in the category of Independent Director of the Company for a period of 5 years. His appointment will be effective from the date of obtaining of Director Identification Number from Ministry of Corporate Affairs or October 11, 2023, whichever is later.Mr. Lal is a Chartered Accountant by qualification. He is a versatile and communicative professional with over 30 years of experience in capturing profitable business opportunities and motivating talented, cross-functional team of large number of employees. He has done various certification programmes.
お知らせ • Oct 05Orient Electric Limited Appoints Jyotsna Balasubramanian as Head - Internal AuditOrient Electric Limited announced that the Board of Directors of the Company through resolution by circulation passed on 04th October, 2023 on the recommendation of the Nomination & Remuneration Committee, approved the appointment of Ms. Jyotsna Balasubramanian for the position of Head - Internal Audit in the Company. Her appointment is effective from October 04, 2023. Ms. Jyotsna Balasubramanian is carrying over 15 years of experience in Controllership, Financial Accounting & Reporting, Enterprise Risk Management, Assurance, Internal Controls and SOX Compliance. She is a Chartered Accountant and CPA from Colorado Board of Accountancy, USA. She has the experience of leading the Risk and Controls function across Global Business Service locations of her previous organization in APAC (including India and China), US and Europe.
お知らせ • Aug 03Orient Electric Limited Approves Final Dividend for the Financial Year Ended March 31, 2023Orient Electric Limited at its AGM held on August 02, 2023 approved final dividend of INR 0.75 (75%) per equity share of face value of INR 1 each for the financial year ended March 31, 2023.
お知らせ • Jul 26Orient Electric Limited to Report Q1, 2024 Results on Aug 02, 2023Orient Electric Limited announced that they will report Q1, 2024 results on Aug 02, 2023
Board Change • Jul 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Non-Executive Vice Chairman Desh Khetrapal was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Jul 19Upcoming dividend of ₹0.75 per share at 0.6% yieldEligible shareholders must have bought the stock before 26 July 2023. Payment date: 01 September 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.5%). In line with average of industry peers (0.5%).
お知らせ • Jul 15+ 1 more updateOrient Electric Limited Announces Resignation of Mr. Rajan Gupta as Managing Director and Chief Executive OfficerOrient Electric Limited approved resignation of Mr. Rajan Gupta from the position of Managing Director & Chief Executive Officer of the Company, to be effective from the close of business hours on July 14, 2023. Pursuant to Sub-para (7C) of Para A of Part A of Regulation 30 of Listing Regulations, the copy of his resignation letters as submitted to the Company are enclosed herewith as Annexure 1a.
Reported Earnings • Jul 08Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: ₹3.57 (down from ₹5.97 in FY 2022). Revenue: ₹25.3b (up 3.3% from FY 2022). Net income: ₹758.5m (down 40% from FY 2022). Profit margin: 3.0% (down from 5.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) also missed analyst estimates by 22%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 12% per year.
Recent Insider Transactions • Jul 04Insider recently sold ₹1.6m worth of stockOn the 30th of June, Sunil Singh sold around 7k shares on-market at roughly ₹235 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹4.9m. Insiders have been net sellers, collectively disposing of ₹88m more than they bought in the last 12 months.
Recent Insider Transactions • Jun 10Insider recently sold ₹2.4m worth of stockOn the 6th of June, Rakesh Khanna sold around 10k shares on-market at roughly ₹240 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹5.5m. Insiders have been net sellers, collectively disposing of ₹76m more than they bought in the last 12 months.
Recent Insider Transactions • May 26Insider recently sold ₹2.1m worth of stockOn the 24th of May, John Benzon sold around 9k shares on-market at roughly ₹222 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹14m. Insiders have been net sellers, collectively disposing of ₹74m more than they bought in the last 12 months.
Reported Earnings • May 23Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: ₹3.57 (down from ₹5.97 in FY 2022). Revenue: ₹25.6b (up 4.4% from FY 2022). Net income: ₹758.5m (down 40% from FY 2022). Profit margin: 3.0% (down from 5.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) also missed analyst estimates by 22%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 10% per year.
お知らせ • May 23Orient Electric Limited, Annual General Meeting, Jul 25, 2023Orient Electric Limited, Annual General Meeting, Jul 25, 2023. Agenda: To approve the re-appointment of Mr. Rakesh Khanna as the Managing Director of the Company for a period of two years effective January 23, 2022.
Price Target Changed • May 16Price target decreased by 11% to ₹271Down from ₹304, the current price target is an average from 13 analysts. New target price is 22% above last closing price of ₹222. Stock is down 21% over the past year. The company is forecast to post earnings per share of ₹4.58 for next year compared to ₹5.97 last year.
お知らせ • May 13Orient Electric Limited Recommends Final Dividend for the Year Ended March 31, 2023Orient Electric Limited at Board meeting held on May 12, 2023 the company recommended a final dividend of INR 0.75 (75 %) per equity share of face value of INR 1 each for the financial year ended March 31, 2023, which is subject To Approve the shareholders at the upcoming Annual General Meeting (AGM) of the Company, which shall be paid to the shareholders with 30 days of declaration by the shareholders. The Company had declared and paid an interim dividend of INR 0.75 (75%) per equity share during the previous quarter of fiscal year 2023, thereby making a total dividend of INR 1.50 (150 %) per equity share of INR 1 each for the fiscal year 2023. Date of the AGM along with Record Date Book Closure shall be communicated in due course.
お知らせ • May 06Orient Electric Limited to Report Q4, 2023 Results on May 12, 2023Orient Electric Limited announced that they will report Q4, 2023 results on May 12, 2023
Recent Insider Transactions • Mar 08MD, CEO & Executive Director recently sold ₹5.5m worth of stockOn the 1st of March, Rakesh Khanna sold around 20k shares on-market at roughly ₹275 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Rakesh has been a net seller over the last 12 months, reducing personal holdings by ₹8.6m.
Recent Insider Transactions • Feb 14Insider recently sold ₹1.4m worth of stockOn the 9th of February, Atul Jain sold around 5k shares on-market at roughly ₹274 per share. This transaction amounted to 5.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹14m more than they bought in the last 12 months.
Recent Insider Transactions • Feb 09Insider recently sold ₹1.4m worth of stockOn the 3rd of February, Atul Jain sold around 5k shares on-market at roughly ₹274 per share. This transaction amounted to 5.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹13m more than they bought in the last 12 months.
Upcoming Dividend • Feb 02Upcoming dividend of ₹0.75 per share at 0.7% yieldEligible shareholders must have bought the stock before 09 February 2023. Payment date: 01 March 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.6%). In line with average of industry peers (0.6%).
お知らせ • Jan 31Orient Electric Limited Approves Interim Dividend for the Financial Year 2022-23Orient Electric Limited at the Board of Directors meeting held on January 30, 2023, approved the payment of Interim Dividend of INR 0.75 (75%) per equity share of face value of INR 1 each for the financial year 2022-23 and have fixed February 09, 2023 as the 'Record Date' for determining the shareholders who will be entitled to the said Dividend. The Interim Dividend will be paid to the entitled shareholders within 30 days from the date of declaration.
Reported Earnings • Jan 31Third quarter 2023 earnings released: EPS: ₹1.53 (vs ₹1.79 in 3Q 2022)Third quarter 2023 results: EPS: ₹1.53 (down from ₹1.79 in 3Q 2022). Revenue: ₹7.48b (up 10% from 3Q 2022). Net income: ₹325.6m (down 14% from 3Q 2022). Profit margin: 4.4% (down from 5.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Nov 26VP & Head of Manufacturing – Fans recently sold ₹1.2m worth of stockOn the 24th of November, Arvind Singh sold around 4k shares on-market at roughly ₹278 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹2.7m. Insiders have been net sellers, collectively disposing of ₹12m more than they bought in the last 12 months.
Major Estimate Revision • Nov 16Consensus EPS estimates fall by 25%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from ₹27.8b to ₹26.4b. EPS estimate also fell from ₹6.71 per share to ₹5.02 per share. Net income forecast to grow 28% next year vs 39% growth forecast for Consumer Durables industry in India. Consensus price target down from ₹341 to ₹306. Share price was steady at ₹265 over the past week.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Non-Executive Vice Chairman Desh Khetrapal was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Major Estimate Revision • Nov 10Consensus EPS estimates fall by 27%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from ₹27.8b to ₹26.4b. EPS estimate also fell from ₹6.71 per share to ₹4.90 per share. Net income forecast to grow 34% next year vs 37% growth forecast for Consumer Durables industry in India. Consensus price target down from ₹341 to ₹315. Share price fell 3.0% to ₹260 over the past week.
Price Target Changed • Nov 09Price target decreased to ₹316Down from ₹341, the current price target is an average from 14 analysts. New target price is 20% above last closing price of ₹263. Stock is down 30% over the past year. The company is forecast to post earnings per share of ₹5.16 for next year compared to ₹5.97 last year.
Reported Earnings • Nov 06Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: ₹0.013 loss per share (down from ₹1.64 profit in 2Q 2022). Revenue: ₹5.11b (down 14% from 2Q 2022). Net loss: ₹2.80m (down 101% from profit in 2Q 2022). Revenue missed analyst estimates by 12%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Sep 30Insider recently sold ₹2.7m worth of stockOn the 27th of September, Sunil Singh sold around 10k shares on-market at roughly ₹272 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹9.7m more than they bought in the last 12 months.
Recent Insider Transactions • Sep 14VP & Head of Manufacturing – Fans recently sold ₹2.6m worth of stockOn the 12th of September, Arvind Singh sold around 10k shares on-market at roughly ₹259 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹3.7m more than they bought in the last 12 months.
お知らせ • Sep 13Orient Appoints Anika Agarwal as Chief Marketing/ Customer Experience OfficerOrient Electric Limited has strengthened its leadership team with the appointment of Anika Agarwal as Chief Marketing and Customer Experience Officer. Anika comes with a rich experience of more than two decades in marketing, digital transformation, and direct-to-consumer business across industries including retail, telecom, and insurance. She has previously been associated with reputed companies like Nokia Corporation, Niva Bupa Health Insurance and her last assignment was with MMTC-PAMP as President-Consumer Business. Prior to that, Anika was associated with Niva Bupa Health Insurance for close to adecade as their Chief Marketing Officer and Director-Digital SBU. At Orient Electric, Anika will be responsible for all aspects of the Orient brand, driving the overall brand and Go-to-Market strategy. She will be supporting the growth and market expansion for all Business Units of the company including Fans, Home Appliances, Lighting and Switchgear as well as scale up the digital footprint of the business. Anika will be based at the company's Head Office in New Delhi.
Recent Insider Transactions • Sep 07VP & Head of Manufacturing – Fans recently sold ₹1.1m worth of stockOn the 2nd of September, Arvind Singh sold around 4k shares on-market at roughly ₹256 per share. This transaction amounted to 7.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Major Estimate Revision • Aug 01Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from ₹28.4b to ₹27.8b. EPS estimate also fell from ₹7.66 per share to ₹6.76 per share. Net income forecast to grow 11% next year vs 38% growth forecast for Consumer Durables industry in India. Consensus price target down from ₹375 to ₹354. Share price fell 9.6% to ₹260 over the past week.
お知らせ • Jul 27Orient Electric Limited Final Dividend for the Financial Year Ended March 31, 2022Orient Electric Limited announced that at its AGM held on July 25, 2022, shareholders approved the final dividend of INR 1.25 per equity share of face value of INR 1 each for the financial year ended March 31, 2022 and confirmation of the interim dividend of INR 0.75 per equity share, already paid during the financial year 2021-22.
Upcoming Dividend • Jul 08Upcoming dividend of ₹1.25 per shareEligible shareholders must have bought the stock before 15 July 2022. Payment date: 23 August 2022. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.8%). Higher than average of industry peers (0.5%).
Reported Earnings • Jul 03Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₹5.97 (up from ₹5.64 in FY 2021). Revenue: ₹24.5b (up 21% from FY 2021). Net income: ₹1.27b (up 5.8% from FY 2021). Profit margin: 5.2% (down from 5.9% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) also missed analyst estimates by 5.7%. Over the next year, revenue is forecast to grow 16%, compared to a 28% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 02+ 3 more updatesOrient Electric Limited to Report Q3, 2023 Results on Feb 14, 2023Orient Electric Limited announced that they will report Q3, 2023 results on Feb 14, 2023
お知らせ • Jun 29Orient Electric Limited, Annual General Meeting, Jul 25, 2022Orient Electric Limited, Annual General Meeting, Jul 25, 2022, at 15:30 Indian Standard Time. Agenda: To consider the payment of final dividend to the shareholders of the Company for the financial year ended on March 31, 2022 at the rate of Re. 1.25 (125%) per share of Re. 1 each.
お知らせ • May 12Orient Electric Limited Recommends Final Dividend for the Financial Year Ended March 31, 2022Orient Electric Limited recommended a final dividend of INR 1.25 (@125%) per equity share of face value of INR 1 each for the financial year ended March 31, 2022, which is subject To Approve the shareholders at the upcoming Annual General Meeting (AGM) of the Company, making a total dividend of INR 2 (@200%) per equity share of INR 1 each for the financial year 2021-22, including interim dividend of INR 0.75 (@75%) per equity share declared earlier during the financial year 2021-22.
Reported Earnings • May 11Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₹5.97 (up from ₹5.64 in FY 2021). Revenue: ₹24.5b (up 21% from FY 2021). Net income: ₹1.27b (up 5.8% from FY 2021). Profit margin: 5.2% (down from 5.9% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) also missed analyst estimates by 5.7%. Over the next year, revenue is forecast to grow 19%, compared to a 27% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 25% per year.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Non-Executive Vice Chairman Desh Khetrapal was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
