

Orient Electric Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 21.34 Cr
- Company Age 8 Year, 7 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 seven months 4 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%.


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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 Limited
Raju Lal is a mutual person
- Aditya Birla Sun Life Amc Limited
Alka Bharucha is a mutual person
- Hindalco Industries Limited
Alka Bharucha is a mutual person
- Seshasayee Paper And Boards Limited
Tirumalai Ranganathan is a mutual person
- Adi Chitragupta Finance Limited
Tirumalai 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.
Latest Updates, News, and FAQs on Orient Electric
Recent activity within the organization
- Annual General Meeting
Orient Electric Limited last Annual general meeting of members was held on 01 Aug 2024 as per latest MCA records.
- Director Appointment
Ravindra Singh Negi was appointed as a Ceo was appointed as a Ceo on 13 Jun 2024 & has been associated with this company since 11 months 1 day .
- Director Appointment
Ravindra Singh Negi was appointed as a Managing Director was appointed as a Managing Director on 13 Jun 2024 & has been associated with this company since 11 months 1 day .
- Charges
A charge with Others of Rs. 175.00 Cr registered on 04 Jul 2022 with Charge ID 100590842 was modified on 28 May 2024.
- Balance Sheet
Orient Electric Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
- Charges
A charge registered on 15 Mar 2019 via Charge ID 100249247 with State Bank Of India was fully satisfied on 10 Nov 2022.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Orient Electric Limited?
Orient Electric Limited was incorporated on 10 Oct 2016.
What is authorized share capital and paid-up capital of Orient Electric Limited?
The authorized share capital of Orient Electric Limited is ₹ 25.00 Cr and paid-up capital is ₹ 21.34 Cr.
Who are the current board members & directors of Orient Electric Limited?
Currently 9 directors are associated with Orient Electric Limited.
- Alka Marezban Bharucha
- Pradeep Chandra Kathi
- Ravindra Singh Negi
- Saibal Sengupta
- Hitesh Kumar Jain
- Ravindra Singh Negi
- Raju Lal
- Tirumalai Cunnavakaum Anandanpillai Ranganathan
- Chandrakant Birla
What is the registered address of Orient Electric Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Orient Electric Limited is Unit Viii, Plot No. 7 Bhoinagar India, Bhubaneswar, Orissa, 751012.
What is the corporate identification number (CIN) and company number of Orient Electric Limited?
The corporate identification number (CIN) of Orient Electric Limited is L31100OR2016PLC025892 and the company number is 025892 as per Ministry of Corporate Affairs (MCA).
Is Orient Electric Limited registered with any stock exchange in India?
Yes, Orient Electric Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): ORIENTELEC.
What is the official website of Orient Electric Limited?
The Official website of Orient Electric Limited is https://www.orientelectric.com
What has been the recent revenue trend for Orient Electric Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Orient Electric Limited has risen by 4.14%.
How many employees does Orient Electric Limited currently have?
As Per 2023 financial reports, 1112 employees are currently employed by Orient Electric Limited.
What change has been observed in the net worth of Orient Electric Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Orient Electric Limited has experienced an upsurge of 8.00%.
What are the total open charges for Orient Electric Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Orient Electric Limited amount to ₹ 523.30 Cr.
When was the last Balance Sheet of Orient Electric Limited filed with the ROC?
The most recent Balance Sheet for Orient Electric Limited was filed with the ROC on 31 Mar 2024.
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