Orient Electric Limited — Investor Meet, 01-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Orient Electric reported Q4 revenue at INR862 Cr, up 9.4% YoY and 5.5% QoQ, with FY25 revenue rising 10% to INR3,094 Cr. Lighting & Switchgear grew 13.3% to INR248 Cr, led by strong B2C and 20%+ B2B growth. ECD segment rose 7.9%, with BLDC fans up 50% and air coolers surging ~33%. EBITDA margin expanded 385 bps to 7.8%, driving EBITDA up 117% to ~INR67 Cr; PAT doubled to INR32 Cr. Management is focused on premiumization, portfolio diversification, DTM expansion across 11 states, and digital channel growth. Key growth drivers include BLDC fan penetration, operational efficiencies, and cost savings from Project Sanchay. Strong Q1 demand is expected amid summer heatwaves, with a target of double-digit EBITDA margins within two years. Sentiment remains confident on sustained growth and margin improvement.