Orient Electric Q2 FY27 PAT Surges 124%, Revenue up 25% YoY
Orient Electric Limited [NSE: ORIENTELEC, BOM: 541301], a major Indian Fast Moving Electric Goods (FMEG) manufacturer, has announced its financial results for Q2 of FY27.
Orient Electric Q2 FY27 Financial Figures
YoY Comparison of Orient Electric’s Financials: Q2 FY27 vs. Q2 FY26
Orient clocked revenue of ₹879.34 crore in Q2 FY27, exhibiting an increase of 25.15% Year-over-Year (YoY) from Q2 FY26’s revenue of ₹702.61. Company’s Q2 FY27 Profit After Tax (PAT) of ₹27.06 crore showed a remarkable growth of 124.38% YoY from Q2 FY26’s PAT of ₹12.06 crore.
The company’s Earnings Per Share (EPS) for Q2 FY27 stood at ₹1.27, increasing 122.80% from ₹0.57 reported in Q2 FY26.
Cost Optimisation Mainly behind the Profit Growth
The company’s management attributed this 2-fold profit increase to a combination of factors. Primarily, Project Sanchay, the company’s cost optimisation programme, generated savings of approximately ₹13 crore in Q2 FY27 and ₹23 crore in H1 of FY27. Other factors attributed by the company include: an increase in prices across product categories (3% to 6%) to mitigate global uncertainties, a shift towards higher-margin premium products, and the quarter’s top-line revenue growth itself.
QoQ Analysis of Orient Electric’s Financials: Q2 FY27 vs. Q1 FY27
Quarter-over-Quarter (QoQ) analysis of company’s revenue in Q2 FY27 highlights a decline of 7.41% in revenue from ₹949.76 crore earned in Q1 FY27. Meanwhile, company’s Q2 FY27 PAT went down by 14.07% from Q1 FY27’s PAT of ₹31.49 crore.
Orient Electric’s Segment-Wise Performance: Q2 FY27 vs. Q2 FY26
Electrical Consumer Durables (ECD): Orient’s ECD segment brought in revenue of ₹550.50 crore in Q2 FY27, increasing 24.86% YoY against Q2 FY26’s revenue of ₹440.91 crore.
While not giving specific numbers, the company stated in its investor presentation for Q2 FY27 that its Fans product category grew by a high double-digit. In the fans category, premium products contributed around 41% of fans mix, and Brushless Direct Current (BLDC) fans grew 26% YoY led by new premium launches. Appliances product category also delivered double-digit growth, led by water heaters and garment care segment.
Lighting & Switchgear: Company’s Lightning & Switchgear segment gathered a revenue of ₹328.84 crore, highlighting a 25.66% YoY increase from Q2 FY26’s revenue of ₹261.70 crore.
Commenting on this segment’s growth, Orient’s management said that Lighting consumer products delivered double-digit growth, supported by continued traction in premium products. High-value luminaries remain consistent at 66% of the lighting mix. Further, the company stated that in emerging product categories, Wire grew 2 fold whereas Switchgear & Switches grew by high double digits.
About Orient Electric Limited: Orient Electric Ltd. is a part of the C.K. Birla Group and is a manufacturer of lighting products, switchgear, and FMEG products. The company has a presence in 35 countries
