Orient Electric Limited Earnings Summary — Q1 FY2027
Orient Electric Reports Robust 79.7% Profit Growth and Significant Revenue Surge in Q1 FY2027
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue has increased for 4 consecutive quarters.
- Revenue of ₹950 Cr is 23.5% higher year-on-year.
- Revenue has compounded at 8.7% annualised over the last 10 quarters.
- Revenue is at its highest level in 10 quarters.
- Net profit of ₹31 Cr is 79.7% above the same quarter last year.
- Profit growth is outpacing revenue growth, pointing to positive operating leverage.
- Net profit has compounded at 49.2% annualised across the period.
- Operating margin stands at 7.0% in Q1 FY2027.
- Operating margin expanded by 102 bps year-on-year.
- Over the last two years operating margin has expanded by 170 bps.
- PBT margin is 4.5%.
- Expense growth of 22.2% remained below revenue growth of 23.5%.
- Operating profit of ₹67 Cr is 44.5% higher year-on-year.
- Operating leverage continues to improve.
- 6 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 67/100 (Healthy) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Accelerating | 950 | 948 | 906 | 703 | 769 | 862 | 817 | 660 | 755 | 788 |
| Expenses | Stable | 883 | 871 | 839 | 665 | 723 | 795 | 756 | 625 | 715 | 757 |
| Operating Profit | Accelerating | 67 | 77 | 68 | 38 | 46 | 67 | 61 | 36 | 40 | 31 |
| Operating Margin | Improving | 7.0% | 8.2% | 7.5% | 5.4% | 6.0% | 7.8% | 7.5% | 5.4% | 5.3% | 3.9% |
| Other Income | Volatile | 0 | 2 | -7 | 3 | 2 | 3 | 2 | 4 | 2 | 5 |
| Interest | Stable | 6 | 5 | 7 | 5 | 5 | 6 | 6 | 6 | 6 | 7 |
| Depreciation | Stable | 19 | 20 | 19 | 19 | 19 | 22 | 20 | 20 | 18 | 15 |
| Profit Before Tax | Volatile | 42 | 54 | 35 | 16 | 24 | 42 | 37 | 14 | 19 | 13 |
| Tax | Volatile | 11 | 14 | 9 | 4 | 6 | 11 | 9 | 4 | 5 | 1 |
| Net Profit | Volatile | 31 | 40 | 26 | 12 | 18 | 31 | 27 | 10 | 14 | 13 |
| Net Margin | Volatile | 3.3% | 4.3% | 2.9% | 1.7% | 2.3% | 3.6% | 3.3% | 1.6% | 1.9% | 1.6% |
Key Takeaways
- Revenue grew by 23.5% year-on-year, reaching ₹949.76 crore, driven by strong performance in both core segments.
- The Electrical Consumer Durables (ECD) segment remains the largest contributor, with revenue increasing to ₹668.74 crore from ₹545.00 crore YoY.
- Lighting & Switchgear segment showed healthy growth, contributing ₹281.02 crore to revenue vs ₹224.08 crore in the same quarter last year.
- Net Profit saw a sharp 79.7% YoY increase to ₹31.49 crore, showcasing strong operational leverage despite seasonal sequential variations.
- An exceptional item of ₹3.96 crore was recorded due to the consolidation of manufacturing facilities at Noida, involving asset write-downs.
- Operating margins improved significantly on a year-on-year basis, although they remain under pressure sequentially due to seasonality and material costs.
Management Guidance
Management is focused on a 'Direct-to-Market' strategy to enhance channel control and is implementing the 'Spark Sanchay' cost-saving program to mitigate inflationary pressures and improve margins.
Sentiment Shift
Improving
The substantial year-on-year jump in profitability and revenue suggests the company is effectively navigating competition and improving its operating leverage.
Outlook
The company maintains a strong strategic focus on premiumization, particularly in the domestic ceiling fan category, and expects margin stability through operational efficiency and a deepening distribution reach.
From the Annual Report (Key Quotes)
“The Company has successfully transitioned from a legacy industrial brand to a modern consumer-centric entity.”
“The focus remains on cost-saving initiatives like 'Spark Sanchay' to mitigate inflationary pressures.”
“Pursuant to approval of Board of directors relating to consolidation of manufacturing facilities at Noida (U.P), the Company has recognised a loss of Rs 3.96 crores.”
Official Quarterly Documents
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This summary is AI-generated from Orient Electric Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.