ORIENTCEMNSEOrient Cement LimitedHighNeutral
Announced Tue, 28 Apr · 20:44 IST

Orient Cement Limited has informed the Exchange that Record date for the purpose of Dividend is 12-Jun-2026.

Pat Growth 25pctExceptional ItemAuditor Mid Year ChangeResults View source PDF

ORIENTCEM · price

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Price reaction · full curve 14 horizons · vs prior close
-2.2%1-day move
₹147.70
prior close
₹150.79
base price
After-mkt
timing
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-0.6-1.5-1.0-2.4-2.2-3.6-4.7-2.9-2.5-6.7-7.6-4.2-9.6
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AI summary

Orient Cement Limited reported audited FY2025-26 results with total income of Rs. 2,81,619.37 lakhs vs Rs. 2,72,869.72 lakhs in FY2024-25, a marginal 3.1% increase. However, profit after tax surged to Rs. 33,768.61 lakhs from Rs. 9,124.64 lakhs — a 270% PAT growth — driven largely by deferred tax reversal of Rs. 8,118.28 lakhs following the company's adoption of Section 115BAA of the Income Tax Act. EBITDA improved as finance costs fell to Rs. 1,272.34 lakhs vs Rs. 2,268.59 lakhs. The Board recommended a dividend of Rs. 0.50 per share (50%) for FY2025-26, payable on or after July 1, 2026, with June 12, 2026 as the Record Date. Statutory auditors G.K. Choksi & Co. issued an unmodified opinion. The company also changed its internal auditor from Mr. Shobhit Dwivedi to Grant Thornton Bharat LLP due to organizational restructuring. Note: Ambuja Cements acquired a controlling 72.66% stake in the company in April 2025, making it a subsidiary.

Likely market impact

PAT growth of 270% year-on-year is a strong positive signal, though heavily aided by one-time tax benefits. Revenue growth was modest at ~3%, reflecting challenging cement sector conditions. The change of control to Ambuja Cements and the internal auditor change are notable governance developments. Shareholders can expect a dividend payout.