BSEBoard Meeting3d ago · 15 Oct 2026, 02:04 pm
Please find enclosed Limited Reviewed Un-Audited Standalone Financial Results for the second quarter and half year ended September 30, 2026.
Orient Electric Ltd · 541301
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Orient Electric Ltd has released its un-audited financial results for the second quarter and half year ended September 30, 2026. The results were subjected to a limited review by the statutory auditors, Price Waterhouse Chartered Accountants LLP. The review report did not contain any material misstatements and the results were found to be in accordance with the applicable accounting standards.
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Orient Electric Ltd - 541301 - Board Meeting Outcome for Un-Audited Standalone Financial Results For The Second Quarter And Half Year Ended September 30, 2026.
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CKA Birla Group ori~nt
electric
Ref: OEL/BSE-NSE/2026-27/54 October 15, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers
Plot No. C/1, G Block Fort, Dalal Street
Bandra Kurla Complex Mumbai – 400001
Bandra (E), Mumbai 400051
Symbol: ORIENTELEC Scrip Code: 541301
Dear Sir/ Madam,
Sub.: Outcome of the Board Meeting held on Thursday, October 15, 2026.
Ref: Regulation 33 read with Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 ("SEBI Listing Regulations").
This is to inform you that the Board of Directors of the Company at their meeting held today, i.e.,
October 15, 2026, inter-alia, considered and approved the Un-audited Financial Results of the
Company for the quarter and half year ended September 30, 2026. These Financial Results were
subjected to Limited Review by the Statutory Auditors of the Company. Pursuant to applicable
provisions of SEBI Listing Regulations, please find enclosed the Un-audited Financial Results along
with Limited Review Report of M/s. Price Waterhouse Chartered Accountants LLP, (Firm Registration
Number is 012754N/N500016), Statutory Auditors of the Company.
The meeting of Board of Directors commenced at 01:00 p.m. and concluded at 01:55 p.m.
The above details will also be available on the website of the Company at
https://orientelectric.com/pages/notice-stock-exchange-disclosures .
We request you to take the aforesaid information on your records.
Thanking you,
For Orient Electric Limited
Diksha Singh
Company Secretary
Encl.: as above
Orient Electric Limited - a CKA Birla Group Company CIN No.: L31100OR2016PLC025892
240, Okhla Industrial Estate, Phase III, New Delhi 110020, India Tel: +91 011-41325060
Regd. Office: Unit VIII, Plot No.7, Bhoinagar, Bhubaneswar, Odisha 751012 investor@orientelectric.com www.orientelectric.com
Price Waterhouse Chartered Accountants LLP
Review Report
The Board of Directors
Orient Electric Limited
Unit VIII, Plot 7, Bhoinagar,
Bhubaneswar-751012 (Odisha)
1. We have reviewed the unaudited financial results of Orient Electric Limited (the "Company") for the
quarter ended September 30, 2026 and the year to date results for the period April 1, 2026 to
September 30, 2026, and the notes that include the Statement of Assets and Liabilities as on that date
and the Statement of Cash Flows for the half-year ended on that date which are included in the
accompanying 'Statement of Financial Results for the Quarter and Half-year ended September 30,
2026' (the "Statement"). The Statement has been prepared by the Company pursuant to Regulation 33
of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the
"Listing Regulations, 2015"), which has been initialled by us for identification purposes. The Statement
is the responsibility of the Company's Management and has been approved by the Board of Directors.
Our responsibility is to issue a report on the Statement based on our review.
2. We conducted our review of the Statement in accordance with the Standard on Review Engagements
(SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the
Entity" issued by the Institute of Chartered Accountants of India. This Standard requires that we plan
and perform the review to obtain moderate assurance as to whether the Statement is free of material
misstatement.
3. A review is limited primarily to inquiries of company personnel and analytical procedures applied to
financial data and thus provides less assurance than an audit. We have not performed an audit and
accordingly, we do not express an audit opinion.
4. Based on our review conducted as above, nothing has come to our attention that causes us to believe
that the Statement has not been prepared in all material respects in accordance with the applicable
Accounting Standards prescribed under Section 133 of the Companies Act, 2013 and other recognised
accounting practices and policies and has not disclosed the information required to be disclosed in
terms of Regulation 33 of the Listing Regulations, 2015 including the manner in which it is to be
disclosed, or that it contains any material misstatement.
5. (a) The financial results of the Company for the quarters ended June 30, 2026 and September 30,
2025 and the year to date results for the period April 1, 2025 to September 30, 2025 were reviewed by
anoth,:r firm of chartered accountants who issued their unmodified conclusion, vide their reports dated
July 22, 2026 and October 17, 2025, respectively.
(b) The financial statements of the Company for the year ended March 31, 2026 were audited by
another firm of chartered accountants, who issued an unmodified opinion vide their report dated May
8, 2026.
Our conclusion is not modified in respect of these matters.
For Price Waterhouse Chartered Accountants LLP
Firm Registration Nut.er: 012754N/N500016
~Ja-lr> -·
Anurag Khandelwal
Partner
Membership Number: 078571
UDIN: 26078571FENAKH4304
Place: New Delhi
Date: October 15, 2026
Price Waterhouse Chartered Accountants LLP, Building No. 8, 8th Floor, Tower -B, DLF Cyber City, Gurugram -122 002
T: +91 (124) 6169910
Registered office and Head office: 11-A. Vishnu Digamber Marg, Sucheta Bhawan, New Delhi -110002
Price Waterhouse (a Partnership Firm) converted into Price Waterhouse Chartered Accountants LLP (a Limited Liability Partnership with LLP identity no: LLPIN MC-5001)
with effect from July 25, 2014. Post its conversion to Price Waterhouse Chartered Accountants LLP, its !CAI registration number is 012754N/NS00016 (!CAI registration
number before conversion was 012754N)
CKA Birla Group orient
ORIENT ELECTRIC LIMITED
(Regd. Office: Unit VIII, Plot 7, Bhoinagar, Bhubaneswar -751012 (Odisha)]
Tel:(0674)2396930, E-mail:investor@orientelectric.com
CIN: L311 00OR2016PLC025892
Statement of Financial Results for the Quarter and Half-year ended September 30, 2026
(All amounts in Rupees Crores, unless otherwise stated)
SI. Quarter ended Half-year ended Year ended
No. Particulars 30-Sep-26 30-June-26 30-Sep-25 30-Sep-26 30-Sep-25 31-March-26
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)
1 Income
(a) Revenue from operations 879.34 949.76 702.61 1,829.10 1,471.69 3,326.39
(b) Other income 3.92 4.36 2.50 8.28 4.98 10.01
Total income (a+b) 883.26 954.12 705.11 1,837.38 1,476.67 3,336.40
2 Expenses
(a) Cost of raw materials and components 262.97 297.13 166.12 560.10 379.42 851.73
consumed
(b) Purchase of traded goods 353.65 444.66 338.01 798.31 643.34 1,417.68
(c) Changes in inventories of finished goods, 7.51 (75.14) (23.05) (67.63) (23.17) 20.83
work-in-progress and traded goods
(d) Employee benefits expense 83.38 84.48 75.76 167.86 152.04 307.95
(e) Finance costs 4.98 5.74 5.03 10.72 10.48 22.56
(f) Depreciation and amortisation expense 19.26 18.80 19.10 38.06 38.55 77.06
(g) Other expenses 115.04 132.03 107.84 247.07 236.05 499.14
Total expenses 846.79 907.70 688.81 1,754.49 1,436.71 3,196.95
3 Profit before exceptional item and tax for
the period/year(1-2) 36.47 46.42 16.30 82.89 39.96 139.45
4 Exceptional item (Refer note 4) . 3.96 . 3.96 . 10.16
5 Profit before tax for the period/year (3-4) 36.47 42.46 16.30 78.93 39.96 129.29
6 Income tax expenses
a) Current tax 9.52 12.67 5.02 22.19 12.79 42.28
b) Deferred tax (0.11) (1.70) (0.78) (1.81) (2.41) (8.83)
Total tax expenses 9.41 10.97 4.24 20.38 10.38 33.45
7 Profit for the period/year (5-6) 27.06 31.49 12.06 58.55 29.58 95.84
8 Other comprehensive income after tax
Re-measurement gain/(loss) on defined 0.08 0.08 0.15 0.16 0.20 0.32
benefit plans
Income tax related to the above item (0.02) (0.02) (0.04) (0.04) (0.05) (0.08)
Other comprehensive income (net of tax) 0.06 0.06 0.11 0.12 0.15 0.24
9 Total comprehensive income for the 27.12 31.55 12.17 58.67 29.73 96.08
period/year (7+8)
10 Paid-up equity share capital (Face value 21.34 21.34 21.34 21.34 21.34 21.34
per share : Re.1/-each)
11 Other
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