Company Orient Electric Limited

Equities

ORIENTELEC

INE142Z01019

Appliances, Tools & Housewares

Market Closed - NSE India S.E. 12:43:49 10/05/2024 BST 5-day change 1st Jan Change
208.8 INR -2.77% Intraday chart for Orient Electric Limited -9.04% -8.02%

Business Summary

Orient Electric Limited is an India-based lifestyle electrical solutions company. The Company is primarily engaged in manufacture/purchase and sale of electrical consumer durables, lighting and switchgear products. The Company operates through two segments: Electrical Consumer Durables and Lighting and Switchgear. Electrical Consumer Durables segment consists of the manufacture / purchase and sale of electric fans ceiling, portable and airflow, along with components and accessories thereof, and appliances- coolers, geysers and home appliances. Lighting and Switchgear segment consists of manufacture / purchase and sale of lights and luminaires, including light-emitting diode (LED), streetlights and switchgears, including switches and miniature circuit breakers (MCB). Its home appliances products include air-cooler, water heater, room heater, dry iron, steam iron, juicer mixer grinder, mixer grinder and more. The Company has manufacturing facilities at Faridabad, Noida and Kolkata.

Number of employees: 1,001

Sales per Business

INR in Million2022Weight2023Weight Delta
Electrical Consumer Durables
69.3 %
17,993 73.5 % 17,518 69.3 % -2.64%
Lighting & Switchgear
30.7 %
6,491 26.5 % 7,774 30.7 % +19.77%

Sales per region

INR in Million2022Weight2023Weight Delta
India
95.5 %
23,104 94.4 % 24,147 95.5 % +4.52%
International
4.5 %
1,380 5.6 % 1,144 4.5 % -17.09%

Managers

Managers TitleAgeSince
Director of Finance/CFO 59 01/04/18
Compliance Officer 46 18/12/17
Director/Board Member 68 18/01/18

Members of the board

Members of the board TitleAgeSince
Chairman 69 18/01/18
Director/Board Member 68 18/01/18
Director/Board Member 70 18/01/18
Director/Board Member 67 18/01/18
Director/Board Member 67 18/01/18
Director/Board Member 61 10/10/23

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 213,365,899 114,446,043 ( 53.64 %) 0 53.64 %

Shareholders

NameEquities%Valuation
Central India Industries Ltd.
24.63 %
52,559,648 24.63 % 122 M ₹
Shekhavati Investments & Traders Ltd.
6.021 %
12,845,895 6.021 % 30 M ₹
Mirae Asset Investment Managers (India) Pvt Ltd.
4.920 %
10,496,738 4.920 % 24 M ₹
Nippon Life India Asset Management Ltd. (Invt Mgmt)
4.675 %
9,974,228 4.675 % 23 M ₹
Axis Asset Management Co. Ltd.
3.174 %
6,771,482 3.174 % 16 M ₹
Kotak Mahindra Asset Management Co. Ltd.
2.980 %
6,358,527 2.980 % 15 M ₹
Birla Institute of Tech & Science Endowment
1.650 %
3,519,850 1.650 % 8 M ₹
3,485,893 1.634 % 8 M ₹
Rukmani-Birla-Educational-Society-Holdings
1.627 %
3,472,140 1.627 % 8 M ₹
3,396,410 1.592 % 8 M ₹

Company contact information

Orient Electric Ltd.

240, Okhla Industrial Estate Phase - III

110020, New Delhi

+91 11 4050 7000

http://www.orientelectric.com
address Orient Electric Limited(ORIENTELEC)
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