Orient Electric Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 21.34 Cr
- Company Age 8 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 523.30 Cr
- Satisfied Charges ₹ 743.30 Cr
- Revenue Growth 4.14%
- Profit Growth -40.11%
- Ebitda -34.73%
- Net Worth 8.00%
- Total Assets 6.51%
About Orient Electric
Orient Electric Limited (OEL) is a Public Limited Indian Non-Government Company incorporated in India on 10 October 2016 (Eight years and four months 12 days old ). Its registered office is in Khorda, Odisha, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 541301 and on the National Stock Exchange(NSE) under ORIENTELEC.
The Company is engaged in the Consumer Electronics & Durables Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 21.34 Cr.
The company currently has active open charges totaling ₹523.30 Cr. The company has closed loans amounting to ₹743.30 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Orient Electric Limited India are Ravindra Negi as Ceo, Saibal Sengupta as Cfo, and Hitesh Jain as Company Secretary. Alka Bharucha, Pradeep Kathi, Ravindra Negi, and Three other members serve as directors at the Company.
Company Details
- Location
Khorda, Odisha, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L31100OR2016PLC025892
- Company No.
025892
- Stock Symbol
BSE : 541301 NSE : ORIENTELEC
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
10 Oct 2016
- Date of AGM
01 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Cuttack
Industry
What products or services does Orient Electric Limited offer?
Orient Electric Limited offers a wide range of products and services, including LED Downlight, Orient Downlights, LED Bulb, Orient LED Bulb, Room Heaters, Electric Room Heater, Cook Top Stove, Induction Cooktop, Table Fan, Electric Table Fans.
Who are the key members and board of directors at Orient Electric?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hitesh Jain  | Company Secretary | 19-Dec-2017 | Current |
| Ravindra Negi | CEO | 13-Jun-2024 | Current |
| Saibal Sengupta | CFO | 27-Apr-2018 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Alka Bharucha | Director | 19-Jan-2018 | Current |
| Pradeep Kathi | Director | 19-Jan-2018 | Current |
| Raju Lal | Director | Current | |
| Tirumalai Ranganathan | Director | 19-Jan-2018 | Current |
| Chandrakant Birla | Director | 19-Jan-2018 | Current |
Financial Performance of Orient Electric.
Orient Electric Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.14% increase. The company also saw a substantial fall in profitability, with a 40.11% decrease in profit. The company's net worth moved up by a moderate rise of 8%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Orient Electric?
In 2023, Orient Electric had a promoter holding of 38.41% and a public holding of 61.58%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Lt Foods LimitedRaju Lal is a mutual person
Aditya Birla Sun Life Amc LimitedAlka Bharucha is a mutual person
Hindalco Industries LimitedAlka Bharucha is a mutual person
Seshasayee Paper And Boards LimitedTirumalai Ranganathan is a mutual person
Adi Chitragupta Finance LimitedTirumalai Ranganathan is a mutual person
Orient Paper And Industries Ltd.Chandrakant Birla is a mutual person
Charges (Loans)
₹523.30 Cr
₹743.30 Cr
Charges Breakdown by Lending Institutions
- Others : 227.50 Cr
- State Bank Of India : 200.80 Cr
- Hdfc Bank Limited : 95.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jul 2022 | Hdfc Bank Limited | ₹95.00 Cr | Open |
| 04 Jul 2022 | Others | ₹175.00 Cr | Open |
| 01 Jul 2022 | State Bank Of India | ₹200.80 Cr | Open |
| 15 Jun 2022 | Others | ₹52.50 Cr | Open |
| 03 Aug 2020 | Hdfc Bank Limited | ₹95.00 Cr | Satisfied |
How Many Employees Work at Orient Electric?
Orient Electric has a workforce of 1112 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Orient Electric, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Orient Electric's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
