Orient Electric Limited Share Price and Company Fundamentals



Price
₹274.3
Change
2.250 (0.827%)
52 week
244.0 - 408.0

Last traded: Last Friday at 9:59 AM

Orient Electric Limited manufactures/purchases and sells electrical consumer durables, and lighting and switchgear products in India. The company operates in two segments, Electrical Consumer Durables, and Lighting and Switchgear segments. It offers ceiling, portable, airflow, wall, lifestyle, stand, table, exhaust, and multi-utility fans, as well as related components and accessories; and home appliances, such as air coolers, room and water heaters, oil filled radiators, heat convectors, dry irons, mixer grinders, juicer mixer grinders, wet grinders, electric kettles and rice cookers, induction cooktops, electric choppers and toasters, and electric hand mixers. The company also provides lighting products comprising LED bulbs and luminaires, LED lamps and tubes, professional lighting products, CFLs, fluorescent tube lights, incandescent lamps, and conventional fittings; and switchgears, including miniature and residual current circuit breakers, distribution boards, isolators, and modular switches and plates, as well as wiring accessories. Orient Electric Limited also exports its products to approximately 35 countries. The company sells its products through a sales/distribution network, as well as online. It also franchises smart shops. Orient Electric Limited was incorporated in 2016 and is headquartered in New Delhi, India.

Key Metrics

PE ratio

44.68

PB ratio

10.42

Dividend yield

0.74%

Beta

0.18

Market cap

-

Enterprise value

-

Company profile

Industry / SectorFurnishings, Fixtures & Appliances / Consumer Cyclical
Websitehttps://www.orientelectric.com
Mailing address240, Okhla Industrial Estate Phase III 1st Floor Okhla New Delhi 110020 India
Phone / Fax91 11 4050 7000 / 91 11 4050 7004

Dividends

Dividend yield

0.74%

Dividend amount

₹2.00

Payout ratio

33.61%

Orient Electric Limited paid ₹2.00 dividend and the ex-dividend date was 15 July 2022.The dividend payout ratio is 33.61%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.ORIENTELEC dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

ORIENTELEC's forward dividend amount is ₹2.5 and the forward dividend yield is 0.92%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Orient Electric Limited.

NameTitleAgeTotal Pay
Mr. Rakesh KhannaMD, CEO & Exec. Director5933.1M
Mr. Saibal SenguptaChief Financial Officer5617.9M
Mr. Hitesh Kumar JainCompliance Officer & Company Sec.4.7M
Mr. Ravi ChopraVP of HR46
Mr. Arvind Kumar SinghVP & Head of Manufacturing – Fans55
Mr. Puneet DhawanExec. VP of Lighting BU & Switchgear - Wiring Accessories53
Mr. Atul JainExec. VP of Fans BU & International Bus.54
Mr. Srihari Madhava RaoSr. VP of Innovation49
Ms. Avani BirlaPres of Strategy
Mr. Salil KapoorBus. Head of Appliances52

Profitability and management effectiveness

Profit margin

5.17%

Operating margin

7.52%

Return on assets

9.80%

Return on equity

25.41%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Orient Electric Limited is and its enterprise value is .

The ORIENTELEC's stocks Beta value is 0.18 making it 82% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Orient Electric Limited (NSE:ORIENTELEC) Frequently Asked Questions

1. What is Orient Electric Limited's Stock Symbol?

Orient Electric Limited trades on NSE under the ticker symbol "ORIENTELEC".

2. What is Orient Electric Limited's stock price today?

One share of ORIENTELEC stock can currently be purchased for approximately ₹274.3.

3. How can I contact Orient Electric Limited?

Orient Electric Limited's mailing address is 240, Okhla Industrial Estate Phase III 1st Floor Okhla New Delhi 110020 India. The company can be reached via phone at 91 11 4050 7000.

4. What is Orient Electric Limited's official website?

The official website of Orient Electric Limited is https://www.orientelectric.com.