| 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 | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 22-01-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 14-01-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Third 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 | Unaudited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 22-01-2026 12:40:00 |
| End date and time of board meeting | 22-01-2026 14:15:00 |
| 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 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 | |
| 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 | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | 90,645.00 | 2,37,814.00 | |
| Other income | 156.00 | 654.00 | |
| Total income | 90,801.00 | 2,38,468.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 19,242.00 | 57,184.00 |
| (b) | Purchases of stock-in-trade | 41,109.00 | 1,05,443.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 3,259.00 | 942.00 |
| (d) | Employee benefit expense | 7,702.00 | 22,906.00 |
| (e) | Finance costs | 675.00 | 1,723.00 |
| (f) | Depreciation, depletion and amortisation expense | 1,889.00 | 5,744.00 |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 12,566.00 | 36,171.00 |
| Total other expenses | 12,566.00 | 36,171.00 | |
| Total expenses | 86,442.00 | 2,30,113.00 | |
| 3 | Total profit before exceptional items and tax | 4,359.00 | 8,355.00 |
| 4 | Exceptional items | (865.00) | (865.00) |
| 5 | Total profit before tax | 3,494.00 | 7,490.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 1,216.00 | 2,495.00 |
| 8 | Deferred tax | (320.00) | (561.00) |
| 9 | Total tax expenses | 896.00 | 1,934.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 2,598.00 | 5,556.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 2,598.00 | 5,556.00 |
| 17 | Other comprehensive income net of taxes | 15.00 | 30.00 |
| 18 | Total Comprehensive Income for the period | 2,613.00 | 5,586.00 |
| 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 | 2,134.00 | 2,134.00 | |
| Face value of equity share capital | 1 | 1 | |
| 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 | 1.22 | 2.6 | |
| Diluted earnings (loss) per share from continuing operations | 1.22 | 2.6 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 1.22 | 2.6 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 1.22 | 2.6 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| 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 January 22, 2026. 2.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). 3.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. 4.On November 21, 2025, the Government of India notified the four Labour Codes - the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 - consolidating 29 existing labour laws.The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations.The Company has assessed and disclosed the incremental impact of these changes on the basis of the best information available, consistent with the guidance provided by the Institute of Chartered Accountants of India.Considering the materiality and regulatory-driven, non-recurring nature of this impact, the same is disclosed as Impact of new Labour Codes under Exceptional Item. 5.During the previous year, the Company had received show cause notices from Excise and Taxation Officer-cum-Assessing Authority under Haryana Tax on Entry of Goods into Local Areas Act, 2008 for FY 2015-16, 2016-17 and 2017-18 amounting to Rs 33.75 crores in respect to goods brought into Haryana for consumption/ use /sale in the said period. The Company had filed a writ petition before High Court of Punjab and Haryana against the said show cause notices which is pending for adjudication before Hon'ble High Court. Based on advice from legal expert, the Company believes that it has strong case on merits and hence no provision has been made there against. 6.During the current quarter, in respect to ongoing Litigation where Anti-Evasion Wing of the GST and Central Excise Department GST alleged wrong HSN classification, the Company has received favourable orders from the States of Kerala of Rs 4.48 crore and Jammu of Rs 0.22 crore whereby the Show cause notice have been dropped with Nil demand. However, the state of Andhra Pradesh has confirmed the demand of Rs 5.74 crores in respect of show cause notice issued earlier.In respect to pending ongoing demand orders aggregating to Rs.64.31 crores, Company has already filed appeals/writ petitions and are pending adjudication. Based on advice of legal expert, the Company believes that it has a strong case on merits and hence no provision has been made there against. 7.During the current quarter, the Company has received a favourable rectification order from the GST and Central Excise Department, Chennai, in respect of a demand raised in the previous quarter for FY 2021-22 on account of alleged non-reversal of input tax credit pertaining to outstanding inter-unit balances beyond 180 days. Pursuant to the said rectification order, the demand has been reduced from Rs.51,59,48,406 to Rs.31,904. 8.The Board of Directors at their meeting held on January 22, 2026 declared a interim dividend of Rs. 0.75 (@75%) per equity share of Re. 1 each of the Company. |
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| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| 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 | 01-10-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 31-12-2025 | 31-12-2025 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Electrical Consumer Durables | 64,672.00 | 1,63,263.00 | ||||
| 2 | Lighting & Switchgear | 25,973.00 | 74,551.00 | ||||
| Total Segment Revenue | 90,645.00 | 2,37,814.00 | |||||
| Less: Inter segment revenue | 0.00 | 0.00 | |||||
| Revenue from operations | 90,645.00 | 2,37,814.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Electrical Consumer Durables | 7,655.00 | 14,978.00 | ||||
| 2 | Lighting & Switchgear | 2,477.00 | 9,790.00 | ||||
| Total Profit before tax | 10,132.00 | 24,768.00 | |||||
| i. Finance cost | 540.00 | 1,371.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | 6,098.00 | 15,907.00 | |||||
| Profit before tax | 3,494.00 | 7,490.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Electrical Consumer Durables | 94,727.00 | 94,727.00 | ||||
| 2 | Lighting & Switchgear | 42,862.00 | 42,862.00 | ||||
| Total Segment Asset | 1,37,589.00 | 1,37,589.00 | |||||
| Un-allocable Assets | 22,087.00 | 22,087.00 | |||||
| Net Segment Asset | 1,59,676.00 | 1,59,676.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Electrical Consumer Durables | 47,021.00 | 47,021.00 | ||||
| 2 | Lighting & Switchgear | 25,016.00 | 25,016.00 | ||||
| Total Segment Liabilities | 72,037.00 | 72,037.00 | |||||
| Un-allocable Liabilities | 14,123.00 | 14,123.00 | |||||
| Net Segment Liabilities | 86,160.00 | 86,160.00 | |||||
| Disclosure of notes on segments | Textual Information(2) | ||||||
| Textual Information(2) | Other un-allocable expenditure net of un-allocable income includes Exceptional Item of Rs.8.65 Cr (Note 4 of Notes on Financial Results) as there is no specific tab for that in segment reporting. |
|---|
| 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 | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | 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 | 20.00 | 40.00 |
| 2 | Income Tax effect [(charge)/credit] | (5.00) | (10.00) |
| Total Amount of items that will not be reclassified to profit and loss | 15.00 | 30.00 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 0.00 | 0.00 |
| 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 | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | 15.00 | 30.00 |