Board of Directors of the Company at its meeting held today i.e. 08th May 2026, inter alia considered and approved the Audited Standalone Financial Results along with the Auditors Reports ....
ORIENTELEC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Orient Electric Limited reported audited financial results for Q4 and FY ended March 2026. Revenue from operations grew 7.5% to Rs 3,326.39 crore from Rs 3,093.68 crore in the previous year. Profit after tax increased 15.2% to Rs 95.84 crore from Rs 83.21 crore. Q4 standalone revenue was Rs 948.25 crore with PAT of Rs 40.28 crore. Basic and diluted EPS for FY26 stood at Rs 4.49. The Board recommended a final dividend of Rs 0.75 per share, making total dividend of Rs 1.50 per share (150%) for FY26, including Rs 0.75 interim dividend already paid. Exceptional items of Rs 10.16 crore were recognized - Rs 8.65 crore for new labour code implementation and Rs 1.51 crore for write-down of assets at Noida facility being consolidated. Statutory auditors S.R. Batliboi & Co. LLP issued an unmodified (clean) opinion. Deloitte and Mr. Somnath Mukherjee were re-appointed as Internal Auditor and Cost Auditor respectively for FY27.
The 15% PAT growth and strong 150% dividend payout signal positive operational performance. The clean audit opinion removes any concerns about financial statement integrity. Shareholders can expect dividend payment post-AGM approval. The facility consolidation and labour code adjustments represent one-time items that don't affect underlying business momentum.