Orient Electric Ltd
About
Orient Electric Limited is a part of the CK Birla Group that offers consumer electrical products in India. Its products include ceiling and table fans, outdoor and decorative lighting, air coolers, water heaters, small appliances like irons and kettles, and switchgears like sockets and plugs, among others. Technology, automotive, home, building, and healthcare are some of the sectors that Orient operates in. Through its 52 manufacturing facilities across India, Orient Electric is able to cater to consumers all over the world in countries like the US, Australia, and China. The company has been recognised as one of the ‘most trusted brands of India’ in 2022 and 2023 by Team Marksmen. ET Edge awarded OEL as one of India’s best brands in 2021 as well.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 3033 13.6% | 2670 2.5% | 2604 24.9% | 2085 -4.7% | 2188 10.8% | 1975 18.5% | 1667 754.6% | 195 - |
| Net Operating Income (INR Cr) | 2991 11.76% | 2676 5.27% | 2542 20.29% | 2113 -1.71% | 2150 11.57% | 1927 17.90% | 1634 655.11% | 216 0.00% |
| Profit (INR Cr) | 75 -0.8% | 76 -40.1% | 127 5.8% | 120 52.3% | 79 13.4% | 69 8.3% | 64 441.7% | 12 - |
| Assets (INR Cr) | 780 9.6% | 712 10.3% | 645 19.5% | 540 -0.5% | 542 19.3% | 454 -0.2% | 455 6.6% | 427 - |
| Net Worth (INR Cr) | 639 9.3% | 585 8.0% | 541 18.8% | 456 26.8% | 359 17.2% | 307 16.5% | 263 23.6% | 213 0.0% |
| Employee Cost (INR Cr) | 259 34.4% | 193 1.1% | 190 6.3% | 179 -9.7% | 198 14.3% | 174 21.6% | 143 - | 0 - |
| Interest Cost (INR Cr) | 23 | 22 | 20 | 21 | 26 | 23 | 24 | 3 |
| Cash & Bank Balance (INR Cr) | 66 | 164 | 151 | 258 | 7 | 32 | 31 | 23 |
| Total Debt (INR Cr) | 112 | 97 | 68 | 61 | 155 | 135 | 186 | 211 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 2.5% | 2.8% | 4.9% | 5.7% | 3.6% | 3.5% | 3.8% | 6.1% |
| Profit As % Of Assets | 9.7% | 10.7% | 19.6% | 22.2% | 14.5% | 15.3% | 14.1% | 2.8% |
| Profit As % Of Networth | 11.8% | 13.0% | 23.4% | 26.3% | 21.9% | 22.6% | 24.3% | 5.6% |
| Interest Cost to EBITDA % | 16.1% | 14.7% | 8.8% | 9.4% | 14.8% | 16.2% | 17.9% | 11.4% |
| Debt to Equity Ratio | 0.17 | 0.17 | 0.12 | 0.13 | 0.43 | 0.44 | 0.71 | 0.99 |
| RONW | 10.3% | 13.5% | 25.4% | 29.4% | 23.6% | 24.3% | 26.9% | 5.6% |
| ROCE | 13.7% | 18.3% | 32.1% | 33.8% | 28.2% | 28.1% | 27.7% | 5.4% |