Orient Electric Limited
Orient Electric is one of the leading consumer electrical brands in India with a diverse portfolio of fans, lighting, home appliances and switch-gears. The company takes pride in its R&D capabilities, spirit of continuous innovation and commitment to manufacturing cutting-edge lifestyle electrical products that meet the needs and expectations of modern consumers.
What Orient files
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Orient Electric Limited has appointed Mr. Deepankar Bhattacharjee as the new Head of Internal Audit and designated him as a Senior Management Personnel. With over 15 years of post-qualification experience in internal audit, risk-based internal control design, compliance assurance, and business process reviews, his appointment strengthens the company's internal governance...
Orient Electric's Crisil ESG Rating improved to "62 (Strong)" for FY25-26, up from "58 (Adequate)" in FY24-25. This positive shift highlights the company's enhanced sustainability performance.
Orient Electric's shareholders approved Price Waterhouse Chartered Accountants LLP as new Statutory Auditors for five years, replacing M/s. S. R. Batliboi & Co. LLP whose tenure concluded.
Orient Electric reported robust Q1 FY27 results with revenue up 23.5% to ₹949.8 Cr and PAT surging 79.7%. EBITDA margins expanded to 7.0% (up 102 bps), driven by multi-segment growth, strong BLDC fan sales, and disciplined cost management.
Orient Electric's ESG rating improved to 74 for FY26 (vs 72.3 FY25). This signals stronger environmental, social, and governance practices, attractive to conscious investors.