Orient Electric (ORIENTELEC) Q4 25/26 earnings summary

Executive summary

• Q4 FY26 revenue grew 10% year-on-year to ₹948 crore, with broad-based momentum across Fans, Appliances, Lighting, Switchgear, and Wires.

• PAT for Q4 stood at ₹40.28 crore, up 28.9% year-on-year, reflecting operating leverage and cost efficiencies.

• Full-year FY26 revenue reached ₹3,326.39 crore, up 7.5% year-on-year, with double-digit growth in Lighting & Switchgear and robust performance in ECD.

• FY26 net profit was ₹95.84 crore, with EPS at ₹4.49, both up over the previous year.

• Growth was driven by premiumization, innovation, and diversification, despite commodity inflation and supply disruptions.

Financial highlights

• Q4 FY26 EBITDA margin improved to 8.2%, with EBITDA at ₹77 crore, up 15.8% year-on-year.

• Gross margin for Q4 was 31%, impacted by commodity inflation.

• FY26 PAT stood at ₹95.84 crore, with total comprehensive income at ₹96.08 crore.

• Sanchay/cost efficiency program delivered ₹68 crore in cost savings for FY26.

• Net cash from operating activities for FY26 was ₹110.02 crore; net cash position improved to ₹67 crore.

Outlook and guidance

• Focus remains on scaling diversification engines, premiumization, innovation, and disciplined execution.

• Expecting demand improvement in Q1 FY27 due to forecasted hotter, prolonged summer.

• Calibrated price hikes implemented to address commodity inflation; further actions will be evaluated as needed.

• Final dividend of ₹1.50 per share for FY26 recommended, subject to shareholder approval.

• Commitment to double-digit EBITDA margin remains, contingent on normalization of commodity and supply conditions.