Orient Electric (ORIENTELEC) investor relations material

Executive summary

• Q1 FY27 revenue reached ₹950 crore, up 23.5% year-over-year, driven by robust demand recovery, especially in cooling products, and strong summer sales.

• EBITDA expanded 44.5% year-over-year to ₹67 crore, with margin improvement to 7.0%.

• PAT rose 79.7% year-over-year to ₹31.5 crore, with EPS at ₹1.48.

• Growth was supported by premiumization, innovation, diversification, and new product launches.

• Board approved consolidation of manufacturing facilities, resulting in an exceptional loss of ₹3.96 crore.

Financial highlights

• Revenue grew 23.5% year-over-year to ₹950 crore, with total income at ₹954.12 crore.

• Gross margin was 29.8%, down 277 bps year-over-year due to commodity inflation.

• EBITDA margin improved to 7%, up 102 bps year-over-year.

• PAT at ₹31.5 crore, up 79.7% year-over-year; EPS at ₹1.48.

• Working capital days at 25; net cash position of ₹133 crore at quarter end.

Outlook and guidance

• Focus remains on premiumization, innovation, diversification, and expanding digital and export channels.

• Targeting gross margin range of 32%-34% under normal conditions, but commodity volatility may impact near-term margins.

• Committed to double-digit EBITDA margins over time, with improvement dependent on inflation trends.

• Ongoing operational restructuring with consolidation of manufacturing facilities at Noida.