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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Earnings Impact5/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment6/10

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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 [Showing first 8,000 characters — download PDF for full document]