| 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 | 25-07-2025 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 15-07-2025 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| 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 | 25-07-2025 12:40:00 |
| End date and time of board meeting | 25-07-2025 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 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 | 01-04-2025 | 01-04-2025 |
| B | Date of end of reporting period | 30-06-2025 | 30-06-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | 76,908.00 | 76,908.00 | |
| Other income | 248.00 | 248.00 | |
| Total income | 77,156.00 | 77,156.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 21,330.00 | 21,330.00 |
| (b) | Purchases of stock-in-trade | 30,533.00 | 30,533.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (12.00) | (12.00) |
| (d) | Employee benefit expense | 7,628.00 | 7,628.00 |
| (e) | Finance costs | 545.00 | 545.00 |
| (f) | Depreciation, depletion and amortisation expense | 1,945.00 | 1,945.00 |
| (f) | Other Expenses | ||
| 1 | Other Epenses | 12,821.00 | 12,821.00 |
| Total other expenses | 12,821.00 | 12,821.00 | |
| Total expenses | 74,790.00 | 74,790.00 | |
| 3 | Total profit before exceptional items and tax | 2,366.00 | 2,366.00 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 2,366.00 | 2,366.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 777.00 | 777.00 |
| 8 | Deferred tax | (163.00) | (163.00) |
| 9 | Total tax expenses | 614.00 | 614.00 |
| 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 | 1,752.00 | 1,752.00 |
| 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 | 1,752.00 | 1,752.00 |
| 17 | Other comprehensive income net of taxes | 4.00 | 4.00 |
| 18 | Total Comprehensive Income for the period | 1,756.00 | 1,756.00 |
| 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 | 0.82 | 0.82 | |
| Diluted earnings (loss) per share from continuing operations | 0.82 | 0.82 | |
| 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 | 0.82 | 0.82 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 0.82 | 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) | |
| 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. 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. 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. 5. 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. 6. 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. |
|---|
| 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 | 01-04-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 30-06-2025 | 30-06-2025 | |||||
| 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 | 54,500.00 | 54,500.00 | ||||
| 2 | Lighting & Switchgear | 22,408.00 | 22,408.00 | ||||
| Total Segment Revenue | 76,908.00 | 76,908.00 | |||||
| Less: Inter segment revenue | 0.00 | 0.00 | |||||
| Revenue from operations | 76,908.00 | 76,908.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Electrical Consumer Durables | 3,693.00 | 3,693.00 | ||||
| 2 | Lighting & Switchgear | 3,896.00 | 3,896.00 | ||||
| Total Profit before tax | 7,589.00 | 7,589.00 | |||||
| i. Finance cost | 416.00 | 416.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | 4,807.00 | 4,807.00 | |||||
| Profit before tax | 2,366.00 | 2,366.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Electrical Consumer Durables | 85,045.00 | 85,045.00 | ||||
| 2 | Lighting & Switchgear | 38,158.00 | 38,158.00 | ||||
| Total Segment Asset | 1,23,203.00 | 1,23,203.00 | |||||
| Un-allocable Assets | 22,682.00 | 22,682.00 | |||||
| Net Segment Asset | 1,45,885.00 | 1,45,885.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Electrical Consumer Durables | 41,240.00 | 41,240.00 | ||||
| 2 | Lighting & Switchgear | 23,457.00 | 23,457.00 | ||||
| Total Segment Liabilities | 64,697.00 | 64,697.00 | |||||
| Un-allocable Liabilities | 9,952.00 | 9,952.00 | |||||
| Net Segment Liabilities | 74,649.00 | 74,649.00 | |||||
| Disclosure of notes on segments | |||||||
| 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 | 01-04-2025 | 01-04-2025 |
| B | Date of end of reporting period | 30-06-2025 | 30-06-2025 |
| 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 | 5.00 | 5.00 |
| 2 | Income Tax effect [(charge)/credit] | (1.00) | (1.00) |
| Total Amount of items that will not be reclassified to profit and loss | 4.00 | ||
| 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 | 4.00 | 4.00 |