Orient Electric Limited

Founded in 2016 and headquartered in Orissa, India.

2016 | Khorda, Odisha (India) | Active
Last Updated:

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 15 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

Consumer Electronics & Durables

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.

Company report

Orient Electric Limited

Explore comprehensive data for Orient Electric Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Orient Electric?

Executive Team (3)

NameDesignationAppointment DateStatus
Hitesh Jain Country flag representing In Company Secretary19-Dec-2017Current
Ravindra Negi CEO13-Jun-2024Current
Saibal Sengupta Country flag representing In CFO27-Apr-2018Current

Board Members (5)

NameDesignationAppointment DateStatus
Alka Bharucha Country flag representing In Director 19-Jan-2018Current
Pradeep Kathi Country flag representing In Director 19-Jan-2018Current
Raju Lal Country flag representing In Director Current
Tirumalai Ranganathan Country flag representing In Director 19-Jan-2018Current
Chandrakant Birla Country flag representing In Director 19-Jan-2018Current

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%.

Orient Electric revenue growth over time
Orient Electric profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
4.14%
Revenue from Operations
3.30%
Total Assets
6.51%
Profit or Loss
-40.11%
Net Worth
8.00%
EBITDA
-34.73%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹523.30 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
23 Jul 2022Hdfc Bank Limited₹95.00 CrOpen
04 Jul 2022Others₹175.00 CrOpen
01 Jul 2022State Bank Of India₹200.80 CrOpen
15 Jun 2022Others₹52.50 CrOpen
03 Aug 2020Hdfc Bank Limited₹95.00 CrSatisfied

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.

Employee growth trends for Orient Electric Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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 12 days .

  • 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 12 days .

  • 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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