Orient Electric share price today

Orient Electric Ltd's share price was ₹188.62 at the close on 4 November 2026. It has been falling for 67 weeks. That is 4.3% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹154 and ₹212, and at that close it sat 59% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Orient Electric Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 4 weeks in a row.

Over the last 8.5 years the share price moved +53% while the NIFTY 500 moved +141%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

One change stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare).

1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the September 2026 quarter revenue was ₹879 crore, +25% on a year earlier.

   Why: Fans sold more than the rest of the industry, and appliances, lighting, wires and switchgear all grew.

   Next results: check whether festive buying turns the higher share of premium fans and lights into more units sold.

   From the earnings call on 15 Oct 2026.

For July to September 2026 (the quarter ended 30 September 2026), Orient Electric reported revenue of ₹879 crore, up 25.0% from ₹703 crore a year earlier, and a profit of ₹27.0 crore, up 125.0% from ₹12.0 crore.

Orient Electric results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Orient Electric's management discussed these results on a call held on 15 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Orient Electric closed at ₹188.62 on 4 November 2026, down 11.0% from ₹211.96 a year earlier (7 November 2025) and down 50.9% over five years. Its highest weekly close since May 2018 was ₹384.00 on 4 November 2021.

Orient Electric share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

449 weekly closes from 18 May 2018 to 4 November 2026.

4 Nov 2026: Orient Electric closed at ₹188.62, up 4.4% on the week and up 22.1% on the month. 15 Oct 2026: Orient Electric held its results call for July to September 2026. Management guided: Revenue yearly growth above 15 percent over medium term.

Earlier

• Results for July to September 2026: Revenue up 25.0% and profit up 125.0% on a year earlier.
• 10 Jul 2026: ex-date for a dividend of ₹0.75 a share.
• 29 Jan 2026: ex-date for an interim dividend of ₹0.75 a share.

Orient Electric paid ₹1.50 a share in regular dividends in the 12 months to 5 November 2026 (2 payments), a yield of 0.80% at the ₹188.62 close on 4 November 2026. The last was a dividend of ₹0.75 a share, ex-date 10 July 2026.

Orient Electric dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Orient Electric Ltd paid out 33% of its profit as dividends in FY26, and it paid a dividend in 9 of its last 10 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 15 October 2026, Orient Electric's management guided: Revenue yearly growth above 15 percent over medium term.

“To mitigate these pressures, we took price increases of 3-6% across various categories in Q2 and another increase of approximately 3% in October in some categories.”Ravindra Singh Negi, on the call for July to September 2026

What management guided

• Long-term gross margin around 32 percent.
• Double-digit operating margin trending closer from H2 over next 4-6 quarters.
• Project Sanchay FY27 savings to exceed around ₹70 crore prior-year level.
• Hyderabad utilization benefit around 20-30 basis points at steady state.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 15 October 2026.

When Orient Electric reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Gross recovery pace as October hikes and premium mix catch up with continued commodity inflation - per pricing commentary.

Orient Electric is on one of our India lists: Momentum stocks.

Orient Electric Ltd earned ₹27.0 Cr of net profit in the Sep 2026 quarter, +125.0% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY26 profit was ₹96.0 Cr. Over 9 years profit has grown 26.0% a year on average. That is 3.1% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹12.0 Cr.

For the full year, FY26 profit was ₹96.0 Cr (+15.7% on the year before).

Why profit moved: revenue changed +25.0% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +55.6% and revenue +17.4%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Orient Electric Ltd reported ₹879 Cr of revenue in the Sep 2026 quarter, +25.0% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 9 years it has grown 35.5% a year on average. The last full year, FY26, came in at ₹3,326 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹3,683 Cr.

FY26 revenue was ₹3,326 Cr, +7.5% on the year before.

Recent pace: the last four quarters grew +17.4% on average, against 35.5% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +16.9%, against +11.6% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +40.9%, against +42.6% a year (stabilising).

Orient Electric Ltd's operating margin was 6.0% in the Sep 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Across 10 years it has been between 5.0% and 11.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +1.1 percentage points on the year while gross margin changed −2.5 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 124% of Orient Electric Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹110 Cr of operating cash against ₹96.0 Cr of profit. After ₹48.0 Cr of spending on assets, ₹62.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Orient Electric Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹3,326 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹319 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Averaged over those years that is 3.2% of FY26 revenue a year.

Spending on assets: ₹319 Cr over the last 3 years, against ₹215 Cr of depreciation (the yearly wear and tear on existing assets). So it is building a little beyond replacing what wears out. Work still in progress is ₹10.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Orient Electric Ltd's P/E is 29.9×, about the lowest it has ever been. Its usual P/E (the middle reading) is 51.6×, over 8.4 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹5.86.

Why the multiple is where it is: over the past year earnings per share moved +15.1% while the price moved −11.0%. Earnings did better than the price, which pulled the multiple down within its own range.

Where the price move came from: over 5 years the price moved −13.3% a year; about −2.9% a year came from earnings growth and about −10.4 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Orient Electric Ltd's business is getting better. Profit growth hit its low 7 quarters ago at −26.4% and has recovered to +40.9%, with ROCE rising at 22.7%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: a lasting rise from a low is what this page is built to show.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Orient Electric Ltd earned a ROCE of 20% in FY26. That is up from a low of 14% in FY24. Its return on capital used (ROIC) is 5.7 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 2.9% net margin and 2.00× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 2.9% net margin × 2.00× asset turnover × 2.19× leverage (assets divided by equity) ≈ 12.7% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 17.7% − 12.0% = +5.7 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value.

The 17.7% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 15.3%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

Orient Electric Ltd has total debt of ₹108 Cr against shareholder equity of ₹805 Cr as of Sep 2026, so its debt is 0.13× its equity, which is very little. Year by year, that ratio went from 0.13 in FY22 to 0.12 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.