Oriental Rail Infrastructure share price today

Oriental Rail Infrastructure Ltd's share price was ₹115.16 at the close on 5 November 2026. It has been falling for 89 weeks. That is 11.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹107 and ₹173, and at that close it sat 13% 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 Oriental Rail Infrastructure 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 7 weeks in a row.

Over the last 11 years the share price moved +23% while the NIFTY 500 moved +251%, 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.

Three changes stood out: highest quarterly profit in 16 quarters, profit up on a year earlier for 5 quarters in a row and revenue up on a year earlier for 4 quarters in a row.

1. Highest quarterly profit in 16 quarters

   Profit of ₹15 crore in the September 2026 quarter is the highest of the last 16 quarters.

   Why: Profit rose because the company had a better mix of work, made more of its own parts, and kept costs under control.

   Next results: check whether wagon output reaches about 600 in Q3.

   From the earnings call on 24 Oct 2026.

2. Profit up on a year earlier for 5 quarters in a row

   In the September 2026 quarter profit was ₹15 crore, +36.4% on a year earlier.

   Why: Profit kept rising on a year earlier because the company had a better mix of work, made more of its own parts, and kept costs under control.

   From the earnings call on 24 Oct 2026.

3. Revenue up on a year earlier for 4 quarters in a row

   In the September 2026 quarter revenue was ₹172 crore, +29.3% on a year earlier.

   Why: Revenue rose because the company built more wagons in the quarter, 390 versus 300 in Q1, and had better output and volumes.

   From the earnings call on 24 Oct 2026.

For July to September 2026 (the quarter ended 30 September 2026), Oriental Rail Infrastructure reported revenue of ₹172 crore, up 29.3% from ₹133 crore a year earlier, and a profit of ₹15.0 crore, up 36.4% from ₹11.0 crore.

Oriental Rail Infrastructure 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).

Oriental Rail Infrastructure's management discussed these results on a call held on 24 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.

Oriental Rail Infrastructure closed at ₹115.16 on 5 November 2026, down 29.6% from ₹163.50 a year earlier (7 November 2025) and up 7.2% over five years. Its highest weekly close since March 2016 was ₹415.70 on 19 July 2024.

Oriental Rail Infrastructure share price: then and now

Weekly closing prices. Each change is the move from that price to the 5 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

541 weekly closes from 11 March 2016 to 5 November 2026.

5 Nov 2026: Oriental Rail Infrastructure closed at ₹115.16, up 5.3% on the week and down 0.2% on the month. 24 Oct 2026: Oriental Rail Infrastructure held its results call for July to September 2026. Management guided: At least about 600 wagons in Q3 continuing in Q4 including backlog cover plus at least 30-35% next-quarter growth over last quarter.

Earlier

• Results for July to September 2026: Revenue up 29.3% and profit up 36.4% on a year earlier.
• 1 Sep 2026: ex-date for a dividend of ₹0.10 a share.

Oriental Rail Infrastructure paid ₹0.10 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.09% at the ₹115.16 close on 5 November 2026. The last was a dividend of ₹0.10 a share, ex-date 1 September 2026.

Oriental Rail Infrastructure 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. The record date is the same day as the ex-date for every payment here.

Yes. Oriental Rail Infrastructure Ltd paid out 2% of its profit as dividends in FY26, and it paid a dividend in 9 of its last 12 reported years.

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

On the call for July to September 2026, held on 24 October 2026, Oriental Rail Infrastructure's management guided: At least about 600 wagons in Q3 continuing in Q4 including backlog cover plus at least 30-35% next-quarter growth over last quarter.

“We intend to reach at least about 600 wagons from Q3, and that should continue in Q4 as well”Saleh Mithiborwala, on the call for July to September 2026

What management guided

• Interiors at least about 100% growth over next 4-5 quarters on a year earlier; refurbishment toward ₹200 crore next year ex seats; Vande chair-car completion by June 2027 quarter.
• Refurbishment ₹400 crore quoted by Dec for ₹130 crore wins at 30% strike; about ₹100 crore orderbook by Mar 2027.
• 25T bogie design filing before Dec; prototype clearance in 6-9 months; regular supply orders from FY28 onward.
• Smart monitoring minimum 200 units by mid-Nov from developmental tender.

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, 24 October 2026.

When Oriental Rail Infrastructure reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Q3 wagon build at flagged catch-up run-rate including backlog cover after completed changes - per coming-quarter confidence.

Oriental Rail Infrastructure is not on any of our India lists this week.

Oriental Rail Infrastructure Ltd earned ₹15.0 Cr of net profit in the Sep 2026 quarter, +36.4% on the same quarter a year earlier. That is the 5th quarter in a row of profit growth. Full-year FY26 profit was ₹42.0 Cr. Over 10 years profit has grown 30.2% a year on average. That is 8.7% 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 ₹11.0 Cr.

For the full year, FY26 profit was ₹42.0 Cr (+44.8% on the year before).

Why profit moved: revenue changed +29.3% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +83.7% and revenue +16.5%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Oriental Rail Infrastructure Ltd reported ₹172 Cr of revenue in the Sep 2026 quarter, +29.3% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 10 years it has grown 21.0% a year on average. The last full year, FY26, came in at ₹573 Cr.

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

The last four reported quarters add to ₹632 Cr.

FY26 revenue was ₹573 Cr, −4.8% on the year before.

Recent pace: the last four quarters grew +16.5% on average, against 21.0% 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 +16.2%, against +0.3% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +73.3%, against +25.5% a year (accelerating).

Oriental Rail Infrastructure Ltd's operating margin was 16.0% in the Sep 2026 quarter, about the same as the same quarter a year ago. Across 12 years it has been between 4.3% and 18.0%. 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.

In the latest quarter it moved +0.0 percentage points on the same quarter a year ago.

Why the margin moved: operating margin changed −0.1 percentage points on the year while gross margin changed −3.3 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years Oriental Rail Infrastructure Ltd's operations used more cash than they brought in, so cash conversion was −48%, a gap worth watching. In FY26 its operations used ₹30.0 Cr of cash, against ₹42.0 Cr of profit. After ₹24.0 Cr of spending on assets, free cash was −₹54.0 Cr: it spent more than its operations brought in.

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 −48% of profit came in as cash: the cash cycle got 147 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: less of the profit turns into cash than it should, and the cash cycle is 147 days longer. The next section looks at where the cash is stuck.

Oriental Rail Infrastructure Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 334 days in FY26, up from 187 days in FY21. It spent ₹46.0 Cr on assets over the last 3 years. Customers take 119 days to pay, and stock sits for 266 days on average.

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.

At FY26 sales of ₹573 Cr, each day of that cycle ties up about ₹1.6 Cr, so roughly ₹524 Cr is tied up in the business at any time.

FY26: customers took 119 days to pay and stock sat for 266 days, about 8.8 months of sales sitting as stock, for a full cycle of 334 days, longer than FY21's 187.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 266 days. Customers pay about 119 days after that. Suppliers are paid at 51 days. Together that makes the 334-day cycle.

Spending on assets: ₹46.0 Cr over the last 3 years, against ₹26.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹13.0 Cr (FY26): assets paid for that are not earning yet.

In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit.

Oriental Rail Infrastructure Ltd's P/E is 14.9×, near the low end of its own history: it has been lower only 13% of the time. Its usual P/E (the middle reading) is 34.9×, over 11 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.