ORIENTELEC

Orient Electric Share PriceOrient Electric

₹216.2
-0.65 (-0.3%)
  • Advice
  • Hold
As on 29 November, 2023 | 16:29 BSE: 541301 NSE: ORIENTELECISIN: INE142Z01019

Orient Electric Performance

Day Range

  • Low 215.8
  • High 217.8
216.2

52 Week Range

  • Low 207.7
  • High 291
216.2
  • Open Price216
  • Previous Close216.85
  • Volume142270

Start SIP in Orient Electric

Start SIP

Orient Electric Share Price

  • Over 1 Month -0.3%
  • Over 3 Month -7.45%
  • Over 6 Month -8.7%
  • Over 1 Year -24.43%

Orient Electric Key Statistics

P/E Ratio 48.4
PEG Ratio -5
Market Cap Cr 4,613
Price to Book Ratio 7.9
EPS 3.6
Dividend 0.7
Relative Strength Index 46.61
Money Flow Index 32.74
MACD Signal -1.28
Average True Range 4.74

Orient Electric Investment Rating

  • Master Rating:
  • Orient Electric has an operating revenue of Rs. 2,669.48 Cr. on a trailing 12-month basis. An annual revenue growth of 4% is not great, Pre-tax margin of 4% needs improvement, ROE of 12% is good. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 81 which is a GOOD score indicating consistency in earnings, a RS Rating of 8 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at D which indicates heavy supply, Group Rank of 147 indicates it belongs to a poor industry group of Hsehold-Appliances/Wares and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Orient Electric Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 567706658739511622753
Operating Expenses Qtr Cr 546662612684499583673
Operating Profit Qtr Cr 21444655123881
Depreciation Qtr Cr 14141414131312
Interest Qtr Cr 5666556
Tax Qtr Cr 578110617
Net Profit Qtr Cr 1820253301949
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 2,5562,454
Operating Expenses Annual Cr 2,3782,217
Operating Profit Annual in Cr 151231
Depreciation Cr 5447
Interest Annual Cr 2220
Tax Annual Cr 2643
Net Profit Annual Cr 76127
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 19011
Cash from Investing Activity Annual Cr -11078
Cash from Financing Annual Activity Cr -66-80
Net Cash Flow Annual Cr 1410
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 585541
Fixed Assets Annual Cr 312215
Total Non Current Assets Annual Cr 395292
Total Current Assets Annual Cr 870895
Total Assets Annual Cr 1,2651,187
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 2726
ROE Annual % 1323
ROCE Annual % 1831
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 710
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Orient Electric Technicals

EMA & SMA

Current Price
₹216.2
-0.65 (-0.3%)
pointer
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 16
  • 20 Day
  • ₹217.8
  • 50 Day
  • ₹221.21
  • 100 Day
  • ₹226.88
  • 200 Day
  • ₹237.41
  • 20 Day
  • ₹217.55
  • 50 Day
  • ₹219.78
  • 100 Day
  • ₹229.08
  • 200 Day
  • ₹238.01

Orient Electric Resistance and Support

PIVOT
₹217.52
Resistance
First Resistance ₹221.44
Second Resistance ₹226.02
Third Resistance ₹229.94
RSI 46.61
MFI 32.74
MACD Single Line -1.28
MACD -1.18
Support
First Resistance ₹212.94
Second Resistance ₹209.02
Third Resistance ₹204.44

Orient Electric Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 393,523 11,813,560 30.02
Week 196,677 8,590,830 43.68
1 Month 215,912 8,930,126 41.36
6 Month 369,154 21,052,869 57.03

Orient Electric Result Highlights

Orient Electric Synopsis

NSE-Hsehold-Appliances/Wares

Orient Electric is involved in the business activities of Manufacture of domestic appliances. Company’s Total Operating Revenue is Rs. 2529.17 Cr. and Equity Capital is Rs. 21.28 Cr. for the Year ended 31/03/2023. Orient Electric Ltd. is a Public Limited Listed company incorporated on 10/10/2016 and has its registered office in the State of Orissa, India. Company’s Corporate Identification Number(CIN) is L31100OR2016PLC025892 and registration number is 025892.
Market Cap 4,609
Sales 2,669
Shares in Float 13.23
No of funds 111
Yield 0.69
Book Value 7.89
U/D Vol ratio 0.6
LTDebt / Equity
Alpha -0.1
Beta 0.34

Orient Electric

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 38.31%38.31%38.41%38.42%
Mutual Funds 29.16%26.91%26.53%25.64%
Insurance Companies 0.71%0.67%0.67%0.67%
Foreign Portfolio Investors 5.69%5.5%5.75%6.13%
Financial Institutions/ Banks 0.07%0.07%0.07%0.07%
Individual Investors 11.07%12.61%12.28%12%
Others 14.99%15.93%16.29%17.07%

Orient Electric Management

Name Designation
Mr. Chandra Kant Birla Non Executive Chairman
Mr. Desh Deepak Khetrapal Non Executive Vice Chairman
Mr. Rajan Gupta Managing Director & CEO
Ms. Alka Marezban Bharucha Independent Director
Mr. K Pradeep Chandra Independent Director
Mr. TCA Ranganathan Independent Director

Orient Electric Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Orient Electric Corporate Action

Date Purpose Remarks
2023-11-03 Quarterly Results
2023-08-02 Quarterly Results
2023-05-12 Audited Results & Final Dividend
2023-01-30 Quarterly Results & Interim Dividend
2022-11-03 Quarterly Results
Date Purpose Remarks
2023-02-09 INTERIM Rs.0.75 per share(75%)Interim Dividend
2022-02-02 INTERIM Rs.0.75 per share(75%)Interim Dividend
2021-02-10 INTERIM Rs.0.75 per share(75%)Interim Dividend

Orient Electric MF Shareholding

Name Amount(cr)
Nippon India Small Cap Fund - Growth 37319
Nippon India Growth Fund - Growth 19082
Axis Small Cap Fund Regular Growth 16369
Kotak Balanced Advantage Fund Regular Growth 14740
Kotak Small Cap Growth 12163

Orient Electric FAQs

What is Share Price of Orient Electric ?

Orient Electric share price is ₹216 As on 29 November, 2023 | 16:15

What is the Market Cap of Orient Electric ?

The Market Cap of Orient Electric is ₹4613 Cr As on 29 November, 2023 | 16:15

What is the P/E ratio of Orient Electric ?

The P/E ratio of Orient Electric is 48.4 As on 29 November, 2023 | 16:15

What is the PB ratio of Orient Electric ?

The PB ratio of Orient Electric is 7.9 As on 29 November, 2023 | 16:15

Q2FY23