Financials Orient Electric Limited

Equities

ORIENTELEC

INE142Z01019

Appliances, Tools & Housewares

Market Closed - NSE India S.E. 07:43:52 2024-05-28 am EDT 5-day change 1st Jan Change
224.2 INR +0.38% Intraday chart for Orient Electric Limited -1.84% -1.21%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 32,348 41,673 66,085 68,165 57,498 47,837 - -
Enterprise Value (EV) 1 33,274 42,545 63,662 66,807 55,957 41,653 46,334 45,849
P/E ratio 46.6 x 53.1 x 55.3 x 54 x 75.9 x 54.7 x 38.1 x 28.4 x
Yield 0.66% 0.59% 0.64% 0.62% 0.55% 0.78% 0.99% 1.3%
Capitalization / Revenue 1.74 x 2.02 x 3.25 x 2.78 x 2.27 x 1.47 x 1.48 x 1.3 x
EV / Revenue 1.78 x 2.06 x 3.13 x 2.73 x 2.21 x 1.48 x 1.44 x 1.24 x
EV / EBITDA 23.6 x 24.1 x 29 x 28.9 x 37.1 x 28.9 x 19.3 x 15.3 x
EV / FCF 34.1 x 55.5 x 16.3 x -214 x 73.7 x -73.6 x 37 x 27 x
FCF Yield 2.93% 1.8% 6.15% -0.47% 1.36% -1.36% 2.71% 3.7%
Price to Book 10.6 x 11.6 x 14.5 x 12.6 x 9.85 x 6.45 x 6.71 x 5.91 x
Nbr of stocks (in thousands) 212,186 212,186 212,186 212,186 212,719 213,366 - -
Reference price 2 152.4 196.4 311.4 321.2 270.3 224.2 224.2 224.2
Announcement Date 4/30/19 6/1/20 5/12/21 5/10/22 5/17/23 5/9/24 - -
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 28,121 32,278 36,853
EBITDA 1 1,413 1,764 2,195 2,313 1,510 1,443 2,397 3,000
EBIT 1 1,182 1,363 1,764 1,842 974.8 853 1,739 2,297
Operating Margin 6.34% 6.61% 8.68% 7.53% 3.85% 3.03% 5.39% 6.23%
Earnings before Tax (EBT) 1 1,049 1,143 1,619 1,698 1,019 962.6 1,658 2,235
Net income 1 693.1 786.2 1,197 1,266 758.5 752.7 1,251 1,683
Net margin 3.72% 3.81% 5.89% 5.17% 3% 2.68% 3.88% 4.57%
EPS 2 3.270 3.700 5.630 5.950 3.560 3.530 5.886 7.893
Free Cash Flow 1 975.1 766 3,914 -312.9 758.8 -566.2 1,253 1,696
FCF margin 5.23% 3.72% 19.25% -1.28% 3% -2.01% 3.88% 4.6%
FCF Conversion (EBITDA) 69.02% 43.42% 178.29% - 50.26% 5.11% 52.29% 56.54%
FCF Conversion (Net income) 140.69% 97.43% 326.85% - 100.04% 9.66% 100.2% 100.79%
Dividend per Share 2 1.000 1.150 2.000 2.000 1.500 1.500 2.227 2.919
Announcement Date 4/30/19 6/1/20 5/12/21 5/10/22 5/17/23 5/9/24 - -
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 7,888 7,936
EBITDA 1 841.9 968.1 184.2 618.8 664.6 806.4 381.5 116.1 548.6 463.6 440 324 531.4 577.3 525
EBIT - - - - 546.2 687.4 - - - - - 79 442 522 360
Operating Margin - - - - 8.05% 9.12% - - - - - 1.39% 5.8% 6.62% 4.54%
Earnings before Tax (EBT) 1 - 844.8 68.1 465.5 509.3 654.7 253.9 1.3 435.8 - 266 53 358.5 375.7 338
Net income 1 - 626.7 50.1 347.7 380.8 487.8 189.5 -2.8 325.6 246.2 196.9 126.8 301 306.7 253
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% 3.89% 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 1/29/21 5/12/21 7/29/21 10/23/21 1/20/22 5/10/22 7/25/22 11/3/22 1/30/23 5/17/23 8/2/23 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 926 872 - - - 453 - -
Net Cash position 1 - - 2,423 1,358 1,541 711 1,503 1,988
Leverage (Debt/EBITDA) 0.6554 x 0.4944 x - - - 0.3135 x - -
Free Cash Flow 1 975 766 3,914 -313 759 -566 1,253 1,696
ROE (net income / shareholders' equity) 24.3% 23.6% 29.4% 25.4% 13.5% 12.3% 18.2% 22.3%
ROA (Net income/ Total Assets) - 8.5% 11.3% 10.8% 6.19% 5.54% 9.8% 14.9%
Assets 1 - 9,249 10,614 11,749 12,260 13,587 12,765 11,293
Book Value Per Share 2 14.40 16.90 21.50 25.50 27.40 29.90 33.40 37.90
Cash Flow per Share 2 - - - - 8.900 5.550 8.810 11.30
Capex 1 345 526 359 427 1,139 1,749 594 537
Capex / Sales 1.85% 2.55% 1.77% 1.74% 4.5% 6.22% 1.84% 1.46%
Announcement Date 4/30/19 6/1/20 5/12/21 5/10/22 5/17/23 5/9/24 - -
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
224.2 INR
Average target price
248.5 INR
Spread / Average Target
+10.85%
Consensus
  1. Stock Market
  2. Equities
  3. ORIENTELEC Stock
  4. Financials Orient Electric Limited