Integrated Filing — IndAS



General information about company
Scrip Code 541301
NSE Symbol ORIENTELEC
MSEI Symbol NOTLISTED
ISIN INE142Z01019
Name of company ORIENT ELECTRIC LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 25-Jul-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 15-Jul-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 25-Jul-2025   12:40:00
End date and time of board meeting 25-Jul-2025   13:45:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party?
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.
Whether the company is a high value debt listed entity according to regulation 15 (1A)?
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 7690800000
Other income 24800000
Total income 7715600000
2 Expenses
(a) Cost of materials consumed 2133000000
(b) Purchases of stock-in-trade 3053300000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -1200000
(d) Employee benefit expense 762800000
(e) Finance costs 54500000
(f) Depreciation, depletion and amortisation expense 194500000
(f) Other Expenses
1 Other Epenses 1282100000 1282100000
Total other expenses 1282100000
Total expenses 7479000000
3 Total profit before exceptional items and tax 236600000
4 Exceptional items 0
5 Total profit before tax 236600000
6 Tax expense
7 Current tax 77700000
8 Deferred tax -16300000
9 Total tax expenses 61400000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations 175200000
12 Profit (loss) from discontinued operations before tax 0
13 Tax expense of discontinued operations 0
14 Net profit (loss) from discontinued operation after tax 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0
16 Total profit (loss) for period 175200000
17 Other comprehensive income net of taxes 400000
18 Total Comprehensive Income for the period 175600000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 213400000
Face value of equity share capital 0
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.82
Diluted earnings (loss) per share from continuing operations 0.82
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0
Diluted earnings (loss) per share from discontinued operations 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.82
Diluted earnings (loss) per share from continuing and discontinued operations 0.82
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1. The above financial results of the Company were reviewed by the Audit Committee and taken on record by the Board of Directors of the Company at their respective meetings held on July 25, 2025. n n2. These financial results have been prepared in accordance with Indian Accounting Standards (IND-AS) as prescribed under section 133 of Companies Act 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules 2015 (as amended). n n3. As per IND AS 108 - Operating Segments, the Company has two reportable segments namely Electrical Consumer Durables and Lighting & Switchgear. The financial information for these segments are accompanying the financial results as per IND AS 108 - Operating Segments. n n4. The figures for the quarter ended March 31, 2025 are the balancing figures between audited figures in respect of full financial year upto March 31, 2025 and unaudited published year to date figures upto December 31, 2024, being the date of the end of the third quarter of the financial year which were subjected to limited review. n n5. The managerial remuneration paid/payable to Managing Director and Chief Executive Officer of the Company for financial year ended March 31,2025 exceeded the prescribed limits under section 197 read with Schedule V to the Companies Act, 2013 by Rs 0.81 crores. As per the provisions of the Act, the excess remuneration is subject to approval of the shareholders which the Company is in process to obtain in the upcoming Annual General Meeting. As per the management’s assessment the approval from shareholders for excess remuneration is probable. n n6. During previous year, the Company received three demand orders amounting to Rs 58.50 crores from Anti Evasion section of GST and Central Excise Department from the state of Maharashtra, Madhya Pradesh and Andhra Pradesh where department had alleged import of goods at higher rate of GST and sales at lower rate of GST on account of wrong HSN/misclassification of goods and other matters. The Company filed an appeal against the demand order in Andhra Pradesh in the previous year and has also filed writ petitions against the demand order received from the state of Madhya Pradesh and Maharashtra during the current quarter. Further, the Company also received show cause notice from state of Jammu and Kashmir and Kerala amounting to Rs. 4.70 crores in the current quarter. Based on advice from legal expert, Company believes that it has strong case on merits and hence no provision has been made there against.



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether accounts are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Electrical Consumer Durables 5450000000 5450000000
2 Lighting & Switchgear 2240800000 2240800000
Total Segment Revenue 7690800000
Less: Inter segment revenue 0 0
Revenue from operations 7690800000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Electrical Consumer Durables 369300000 369300000
2 Lighting & Switchgear 389600000 389600000
Total Profit before tax 758900000
i. Finance cost 41600000 41600000
ii. Other Unallocable Expenditure net off Unallocable income 480700000 480700000
Profit before tax 236600000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Electrical Consumer Durables 8504500000 8504500000
2 Lighting & Switchgear 3815800000 3815800000
Total Segment Asset 12320300000 12320300000
Un-allocable Assets 2268200000 2268200000
Net Segment Asset 14588500000 14588500000
4 Segment Liabilities
Segment Liabilities
1 Electrical Consumer Durables 4124000000 4124000000
2 Lighting & Switchgear 2345700000 2345700000
Total Segment Liabilities 6469700000 6469700000
Un-allocable Liabilities 995200000 995200000
Net Segment Liabilities 7464900000 7464900000
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurement gain / (losses) on defined benefit plans 500000 500000
2 Income Tax effect [(charge)/credit] -100000 -100000
Total Amount of items that will not be reclassified to profit and loss 400000
2 Income tax relating to items that will not be reclassified to profit or loss 0
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0
5 Total Other comprehensive income 400000