ORIENTCER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Orient Ceratech reported strong FY26 results with standalone revenue of ₹405.39 crore, up 22% from ₹332.63 crore in FY25. Net profit nearly doubled to ₹18.68 crore (standalone) and ₹21.86 crore (consolidated). The Board recommended a 35% dividend (₹0.35 per share). Key governance changes include the sale of the Thermal Power Station at Porbandar for ₹3.75 crore to SS Fabrication (non-related party), reappointment of Mr. Ketan Shrimankar as Independent Director, and appointment of Mr. Krupal Upadhyay as Company Secretary from June 1, 2026. The auditor issued an unmodified opinion on the financial statements.
The near-doubling of net profit and maiden/solid dividend signals strong operational performance. Sale of the captive power station (running at loss) removes a drag on profitability and could be positive for focus on core refractories business. The power division segment reported a loss of ₹4.33 crore for FY26.