Financials Orient Electric Limited Bombay S.E.

Equities

ORIENTELEC

INE142Z01019

Appliances, Tools & Housewares

Market Closed - Bombay S.E. 06:00:48 2024-05-10 EDT 5-day change 1st Jan Change
208.5 INR -2.84% Intraday chart for Orient Electric Limited -9.19% -8.05%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 32,348 41,673 66,085 68,165 57,498 44,540 - -
Enterprise Value (EV) 1 33,274 42,545 63,662 66,807 55,957 43,830 43,167 42,538
P/E ratio 46.6 x 53.1 x 55.3 x 54 x 75.9 x 50.1 x 35 x 26.2 x
Yield 0.66% 0.59% 0.64% 0.62% 0.55% 0.94% 1.16% 1.36%
Capitalization / Revenue 1.74 x 2.02 x 3.25 x 2.78 x 2.27 x 1.57 x 1.37 x 1.21 x
EV / Revenue 1.78 x 2.06 x 3.13 x 2.73 x 2.21 x 1.55 x 1.33 x 1.15 x
EV / EBITDA 23.6 x 24.1 x 29 x 28.9 x 37.1 x 25.2 x 17.7 x 14.1 x
EV / FCF 34.1 x 55.5 x 16.3 x -214 x 73.7 x 491 x 36.5 x 25 x
FCF Yield 2.93% 1.8% 6.15% -0.47% 1.36% 0.2% 2.74% 4%
Price to Book 10.6 x 11.6 x 14.5 x 12.6 x 9.85 x 7.02 x 6.34 x 5.52 x
Nbr of stocks (in thousands) 212,186 212,186 212,186 212,186 212,719 213,366 - -
Reference price 2 152.4 196.4 311.4 321.2 270.3 208.8 208.8 208.8
Announcement Date 19-04-30 20-06-01 21-05-12 22-05-10 23-05-17 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 18,644 20,618 20,326 24,484 25,292 28,337 32,406 36,841
EBITDA 1 1,413 1,764 2,195 2,313 1,510 1,736 2,440 3,017
EBIT 1 1,182 1,363 1,764 1,842 974.8 1,164 1,783 2,316
Operating Margin 6.34% 6.61% 8.68% 7.53% 3.85% 4.11% 5.5% 6.29%
Earnings before Tax (EBT) 1 1,049 1,143 1,619 1,698 1,019 1,197 1,682 2,257
Net income 1 693.1 786.2 1,197 1,266 758.5 943.2 1,270 1,684
Net margin 3.72% 3.81% 5.89% 5.17% 3% 3.33% 3.92% 4.57%
EPS 2 3.270 3.700 5.630 5.950 3.560 4.165 5.961 7.970
Free Cash Flow 1 975.1 766 3,914 -312.9 758.8 89.27 1,184 1,703
FCF margin 5.23% 3.72% 19.25% -1.28% 3% 0.32% 3.65% 4.62%
FCF Conversion (EBITDA) 69.02% 43.42% 178.29% - 50.26% 5.14% 48.51% 56.46%
FCF Conversion (Net income) 140.69% 97.43% 326.85% - 100.04% 9.46% 93.22% 101.13%
Dividend per Share 2 1.000 1.150 2.000 2.000 1.500 1.956 2.414 2.843
Announcement Date 19-04-30 20-06-01 21-05-12 22-05-10 23-05-17 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 6,183 8,017 4,223 5,944 6,784 7,533 6,216 5,106 7,390 6,579 7,056 5,675 7,615 7,920 7,936
EBITDA 1 841.9 968.1 184.2 618.8 664.6 806.4 381.5 116.1 548.6 463.6 440 324 531.4 590.5 525
EBIT - - - - 546.2 687.4 - - - - - 79 442 522 360
Operating Margin - - - - 8.05% 9.12% - - - - - 1.39% 5.8% 6.59% 4.54%
Earnings before Tax (EBT) 1 - 844.8 68.1 465.5 509.3 654.7 253.9 1.3 435.8 - 266 53 358.5 409.5 338
Net income 1 - 626.7 50.1 347.7 380.8 487.8 189.5 -2.8 325.6 246.2 196.9 126.8 301 316.5 253
Net margin - 7.82% 1.19% 5.85% 5.61% 6.48% 3.05% -0.05% 4.41% 3.74% 2.79% 2.23% 3.95% 4% 3.19%
EPS 2 - - 0.2400 1.640 1.790 2.290 0.8900 -0.0100 1.530 1.160 0.9200 0.4667 1.268 1.400 1.200
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 21-01-29 21-05-12 21-07-29 21-10-23 22-01-20 22-05-10 22-07-25 22-11-03 23-01-30 23-05-17 23-08-02 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 926 872 - - - - - -
Net Cash position 1 - - 2,423 1,358 1,541 711 1,373 2,002
Leverage (Debt/EBITDA) 0.6554 x 0.4944 x - - - - - -
Free Cash Flow 1 975 766 3,914 -313 759 89.3 1,184 1,703
ROE (net income / shareholders' equity) 24.3% 23.6% 29.4% 25.4% 13.5% 13.8% 18.7% 22.4%
ROA (Net income/ Total Assets) - 8.5% 11.3% 10.8% 6.19% 6.2% 9.8% 14.9%
Assets 1 - 9,249 10,614 11,749 12,260 15,213 12,955 11,305
Book Value Per Share 2 14.40 16.90 21.50 25.50 27.40 29.70 32.90 37.80
Cash Flow per Share 2 - - - - 8.900 5.460 8.510 11.10
Capex 1 345 526 359 427 1,139 1,007 591 523
Capex / Sales 1.85% 2.55% 1.77% 1.74% 4.5% 3.55% 1.82% 1.42%
Announcement Date 19-04-30 20-06-01 21-05-12 22-05-10 23-05-17 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
208.8 INR
Average target price
250.9 INR
Spread / Average Target
+20.17%
Consensus
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