Orbit Exports Limited (ORBTEXP)
₹263.55 +1.72% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Orbit Exports' revenue was ₹77.0 Cr (+14.9% year on year, +56.2% on the previous quarter), and net profit ₹25.0 Cr (+66.7% year on year); the operating margin was 32.5%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹77.0 | +14.9% | +56.2% |
| Operating profit | ₹25.0 | +31.6% | +233.8% |
| Net profit | ₹25.0 | +66.7% | — |
| EPS (₹) | 9.29 | +64.1% | — |
| Operating margin | 32.5% | — | — |
ORBTEXP delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 81.36% of the ORBTEXP shares traded on NSE were taken to delivery, against the stock's own 20-session average of 60.27%. That is higher than usual for this stock. Turnover was only ₹22 lakh, so a handful of trades can move this figure.
Delivery in the last 5 sessions: 77.4% · 64.3% · 64.3% · 70.9% · 81.4%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Orbit Exports Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate from Registrar and Transfer Agent MUFG Intime India confirms that all share certificates received for dematerialisation during the period were processed and mutilated as per rules. This is a recurring administrative filing confirming statutory share reconciliation. There is no impact on operations or financial performance.
- Regulation 74(5) certificate submitted for the quarter ended September 30, 2026
- Issued by RTA MUFG Intime India Private Limited dated October 03, 2026
- Filing submitted to BSE and NSE on October 07, 2026 confirming demat compliance
Orbit Exports Limited announced the voting results and Scrutinizer's Report for its 43rd Annual General Meeting held on September 29, 2026. All 5 resolutions were approved by shareholders with overwhelming majorities (>99.8% of polled votes in favour). Key resolutions passed included the adoption of financial statements, re-appointment of Executive Director Mrs. Anisha Seth, cost auditor remuneration ratification, material related-party transactions with Dubai associate Rainbow Line Trading L.L.C, and approval of promoter executive directors' remuneration. Total valid votes cast across general resolutions were 8,811,196, representing 34.34% of outstanding shares.
- All 5 resolutions passed with over 99.89% approval among votes polled
- Material RPT with Dubai-based Rainbow Line Trading L.L.C approved with 99.89% public votes in favour (159,401 votes)
- Special resolution approving remuneration to promoter Executive Directors passed with 99.998% approval
- Total shareholder turnout represented 8,811,196 votes or 34.34% of outstanding equity shares
- AGM attended by 35 shareholders (3 promoter group, 32 public) via video conferencing
Orbit Exports Limited has submitted its Annual Report for FY 2025-26 and issued notice for its 43rd Annual General Meeting (AGM) to be held on September 29, 2026, via Video Conferencing. In the leadership message, the company highlighted FY26 revenue of ₹230.96 crore (up 6% YoY) and profit of ₹32.61 crore (down from ₹39.01 crore in FY25), citing US tariff headwinds and Middle East disruptions. Additionally, the company noted that Phase 1 of its process house rebalancing project at Sarigam was operationalized at a capex of ₹13.43 crore.
- 43rd Annual General Meeting scheduled for Tuesday, September 29, 2026, at 05:00 PM IST via VC/OAVM
- FY26 revenue reported at ₹230.96 crore, up 6% YoY, while net profit stood at ₹32.61 crore compared to ₹39.01 crore in FY25
- Volume grew by approximately 6% for the financial year despite export tariff and regional challenges
- Phase 1 of process house rebalancing at Sarigam commissioned at a capex of ₹13.43 crore
Orbit Exports Limited has completed the extinguishment of 8,90,822 equity shares on August 10, 2026, pursuant to its buyback offer at ₹250 per share (outlay of ~₹22.27 Cr). Following the extinguishment, the company's paid-up equity base decreased from 2,65,11,152 shares (₹26.51 Cr) to 2,56,20,330 shares (₹25.62 Cr). Promoter and promoter group holding has correspondingly increased from 66.05% to 68.35%. A total of 8,90,822 shares were accepted and extinguished against the original offer size of up to 11,04,000 shares.
- Extinguished 8,90,822 equity shares (3.36% of pre-buyback equity) on August 10, 2026
- Buyback executed at a fixed price of ₹ 250/- per equity share
- Total paid-up share capital reduced from ₹ 26.51 Cr to ₹ 25.62 Cr
- Promoter shareholding increased from 66.05% pre-buyback to 68.35% post-buyback
Orbit Exports reported a strong Q1 FY27 with revenue from operations growing 19.3% YoY to ₹75.15 Cr. Net profit surged 75.8% to ₹25.06 Cr, significantly aided by a 182.6% jump in other income to ₹10.82 Cr. The company declared an interim dividend of ₹0.50 per share and highlighted a post-quarter buyback of 11.04 lakh shares at ₹250. Operating efficiency improved as EBITDA from operations grew 38% YoY, outpacing revenue growth.
- Revenue from operations increased 19.3% YoY to ₹75.15 Cr in Q1 FY27
- Net Profit After Tax (PAT) rose 75.8% YoY to ₹25.06 Cr
- Other Income jumped 182.6% to ₹10.82 Cr, contributing ~33% of Profit Before Tax
- Board declared an interim dividend of ₹0.50 per equity share
- Post-quarter buyback announced for 11.04 lakh shares at ₹250 per share
Orbit Exports reported a strong Q1 FY27 with consolidated revenue growing 24% YoY to Rs 87.91 Cr. Profit Before Tax (PBT) surged 65% YoY to Rs 31.79 Cr, driven by growth in the core textile business and a sharp increase in investment segment results (Rs 9.64 Cr vs Rs 2.93 Cr YoY). The board declared a 5% interim dividend (Rs 0.50 per share) with a record date of August 31, 2026. Additionally, the company confirmed the successful acceptance of 8,90,822 shares in its recent buyback program.
- Consolidated Revenue for Q1 FY27 rose 24% YoY to Rs 87.91 Cr from Rs 70.87 Cr.
- Profit Before Tax (PBT) increased 65% YoY to Rs 31.79 Cr compared to Rs 19.27 Cr in the previous year.
- Declared 1st Interim Dividend of Rs 0.50 per share (5% of face value) for FY 2026-27.
- Textile segment revenue grew 15% YoY to Rs 78.19 Cr from Rs 67.89 Cr.
- Buyback of 8,90,822 equity shares completed through the stock exchange settlement mechanism.
Orbit Exports reported a strong start to FY27 with consolidated revenue reaching ₹87.91 Cr, a 24% increase from ₹70.87 Cr in the same quarter last year. Profit Before Tax (PBT) surged 65% YoY to ₹31.79 Cr, significantly rebounding from the ₹1.42 Cr reported in the preceding March 2026 quarter. The board declared a ₹0.50 per share interim dividend with a record date of August 31, 2026. Additionally, the company confirmed the acceptance of 8.90 lakh shares in its recent buyback program.
- Consolidated revenue for Q1 FY27 reached ₹87.91 Cr, which is approximately 40% of the total TTM revenue of ₹221 Cr.
- Profit Before Tax (PBT) increased to ₹31.79 Cr from ₹19.27 Cr in the year-ago period, a 65% growth.
- Textile segment revenue contributed ₹78.19 Cr, showing strong core business performance compared to ₹67.89 Cr in the previous quarter.
- Declared 1st Interim Dividend of ₹0.50 per equity share (5% of face value) for FY 2026-27.
- Buyback of 8,90,822 equity shares completed through the stock exchange settlement mechanism.
Orbit Exports Limited has completed its buyback of 8,90,822 equity shares through the tender offer route. The buyback was executed at a price of ₹250 per share, involving a total cash outlay of ₹22.27 Cr. This amount represents approximately 7.9% of the company's net worth (₹283 Cr) and 3.4% of its current market capitalization. The record date for the offer was July 15, 2026, and this filing confirms the post-buyback public announcement in national newspapers.
- Buyback of 8,90,822 fully paid-up equity shares of face value ₹10 each completed
- Buyback price of ₹250 per share is nearly identical to the current market price of ₹249.9
- Total aggregate value of the buyback stands at ₹22,27,05,500 (₹22.27 Cr)
- The record date for determining eligibility was Wednesday, July 15, 2026
Orbit Exports is executing a buyback of up to 11,04,000 equity shares at a price of ₹250 per share via the tender offer route. The total outlay is capped at ₹27.60 crore, which represents approximately 9.7% of the company's net worth (₹283 Cr) and 4.7% of its current market capitalization. This specific filing is a corrigendum to the Letter of Offer dispatched on July 17, 2026, ensuring regulatory compliance for the ongoing process.
- Buyback of up to 11,04,000 equity shares at a fixed price of ₹250 per share.
- Total buyback size is ₹27.60 crore, representing 9.7% of the company's net worth.
- The buyback price of ₹250 is a 12.6% premium over the current market price of ₹222.
- Letter of Offer was dispatched on July 17, 2026, with the corrigendum published on July 20, 2026.
- The buyback is being conducted on a proportionate basis through the tender offer route.
Orbit Exports has finalized the schedule for its ₹27.60 crore share buyback via the tender offer route. The company will repurchase up to 11,04,000 shares (4.16% of total equity) at a fixed price of ₹250 per share. The buyback size represents 9.16% of the company's consolidated net worth as of March 2026. The record date was July 15, 2026, and the tendering window is set for July 21 to July 27, 2026.
- Buyback of 11,04,000 equity shares at a fixed price of ₹250 per share
- Total buyback size of ₹27.60 Cr represents 9.16% of consolidated net worth
- Small shareholder entitlement ratio set at approximately 16.9% (61 shares for every 361 held)
- General category entitlement ratio set at approximately 11.7% (11 shares for every 94 held)
- Tendering period opens on July 21, 2026, and closes on July 27, 2026
Orbit Exports Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by MUFG Intime India Private Limited, confirms that all securities received for dematerialization during the quarter ended June 30, 2026, were processed within prescribed timelines. This is a standard administrative filing required for all listed companies to ensure the integrity of shareholding records. It has no impact on the company's financial performance or its TTM revenue of ₹221 Cr.
- Compliance certificate submitted for the quarter ended June 30, 2026.
- Issued by Registrar and Transfer Agent MUFG Intime India Private Limited (formerly Link Intime).
- Confirms that share certificates received for dematerialization were mutilated and cancelled after verification.
- Confirms the name of depositories has been substituted in the register of members as the registered owner.
Orbit Exports Limited has formally submitted the board resolution for a buyback of up to 11,04,000 equity shares at a price of Rs 250 per share. The total buyback size is approximately Rs 27.6 crore, which represents about 9.75% of the company's net worth (Rs 283 Cr). The buyback will be conducted through the tender offer route, providing a proportionate exit or participation opportunity for existing shareholders. This move follows the board's approval on July 7, 2026, and utilizes the company's strong balance sheet (Debt/Equity of 0.06).
- Buyback of up to 11,04,000 fully paid-up equity shares of face value Rs 10 each
- Offer price fixed at Rs 250 per share, representing a total outlay of Rs 27.6 crore
- Buyback represents approximately 9.75% of the company's total Net Worth of Rs 283 Cr
- The process will follow the tender offer route as per SEBI Buyback Regulations
- Board resolution was officially passed on July 7, 2026
Orbit Exports has formally announced a buyback of up to 11,04,000 equity shares through a tender offer route. The buyback price is set at ₹250 per share, involving a total outlay of up to ₹27.60 crore. This represents 4.07% of the total equity shares and approximately 9.72% of the company's consolidated net worth as of March 31, 2025. The company maintains a strong balance sheet with a low debt-to-equity ratio of 0.06, facilitating this capital return.
- Buyback price fixed at ₹250 per share, to be executed via the tender offer route.
- Maximum buyback size of ₹27.60 crore, representing 9.72% of consolidated net worth.
- Up to 11,04,000 shares to be repurchased, accounting for 4.07% of total equity.
- Buyback is within the 10% limit of paid-up capital and free reserves, requiring only Board approval (obtained July 7, 2026).
- Company's TTM EPS stands at ₹11.56, and the buyback will lead to a reduction in share capital, potentially improving future EPS.
Orbit Exports has approved a buyback of up to 11,04,000 equity shares (4.16% of total equity) at a price of ₹250 per share. The total buyback size is ₹27.60 crore, representing 9.16% of the company's consolidated net worth and reserves as of March 31, 2026. Crucially, the promoter group, which holds 66.05% of the company, has decided not to participate in the buyback, which typically increases the acceptance ratio for retail shareholders. The company has set July 15, 2026, as the record date to determine eligibility.
- Buyback price of ₹250 per share approved via tender offer route
- Total buyback size capped at ₹27.60 crore, representing 9.16% of consolidated reserves
- Up to 11,04,000 shares to be repurchased, totaling 4.16% of paid-up capital
- Promoters holding 66.05% will not participate, benefiting public shareholders
- Record date for eligibility is July 15, 2026
Orbit Exports has approved a buyback of up to 11,04,000 equity shares at a price of ₹250 per share. The total buyback size is ₹27.60 crore, representing 9.16% of the company's consolidated net worth and free reserves as of March 2026. The process will follow the tender offer route, and the record date is set for July 15, 2026. Significantly, the promoters (holding 66.05%) have opted not to participate, which typically increases the acceptance ratio for retail shareholders.
- Buyback price of ₹250 per share represents a significant premium to recent trading levels.
- Total buyback size capped at ₹27.60 crore, excluding taxes and transaction costs.
- Represents 4.16% of the total paid-up equity share capital of the company.
- Promoters holding 66.05% will not participate in the tender offer.
- Record date for eligibility is fixed as July 15, 2026.
Financial Performance
Revenue Growth by Segment
The Textile Business segment grew 7.04% YoY in H1 FY26, reaching INR 131.17 Cr compared to INR 122.55 Cr in H1 FY25. The Investment segment saw a significant growth of 97.27% YoY, increasing from INR 1.39 Cr to INR 2.73 Cr in the same period.
Geographic Revenue Split
The company has an export-dominated revenue profile, with a significant presence in the US market through its subsidiary, Orbit Inc. Orbit Inc generated revenues of INR 10.85 Cr in H1 FY26, contributing approximately 8.8% to the consolidated revenue of INR 123.06 Cr.
Profitability Margins
Profit Before Tax (PBT) margin for H1 FY26 was 24.39% (INR 32.66 Cr on INR 133.91 Cr total income), a decline from 27.89% in H1 FY25. Net profit for the US subsidiary Orbit Inc was INR 0.51 Cr for H1 FY26.
EBITDA Margin
Operating profit before changes in operating assets and liabilities was INR 35.83 Cr for H1 FY26, representing a 11.72% increase YoY from INR 32.08 Cr in H1 FY25.
Capital Expenditure
The company has planned a partially debt-funded capital expenditure of INR 30 Cr for FY2026. Additionally, maintenance capex is projected at approximately INR 10 Cr in the medium term.
Credit Rating & Borrowing
Orbit Exports Limited maintains an [ICRA]A (Stable) credit rating. Borrowing costs are managed through low utilization of working capital limits, which averaged 12% during the 12-month period ended July 2025.
Operational Drivers
Raw Materials
The company primarily uses textile fabrics and yarn as raw materials. Specific raw material cost percentages were not disclosed, but profitability is noted to be susceptible to volatility in raw material prices.
Capacity Expansion
Planned capex of INR 30 Cr in FY2026 is intended for expansion and maintenance, though specific capacity in MT or units is not disclosed.
Raw Material Costs
Raw material costs are a significant driver of the textile business; however, the exact percentage of revenue was not disclosed. Profitability remains susceptible to global price volatility in these inputs.
Strategic Growth
Growth Strategy
Growth is targeted through the liquidation of fabric inventory in the US subsidiary (Orbit Inc) and the execution of confirmed orders in the made-ups segment, where 80% of orders were already fulfilled by YTD FY26. The company is also leveraging steady offtake from other global regions.
Products & Services
The company sells fabrics and made-ups (textile products) to global and domestic customers.
Brand Portfolio
Orbit Exports Limited, Orbit Inc (US Subsidiary).
Market Expansion
The company is focusing on liquidating inventory in the US market and maintaining steady offtake in other international regions to support FY2026 revenues.
Strategic Alliances
The company appointed Girik Wealth Advisors Private Limited as its Portfolio Manager, a related party transaction involving Director Mr. Varun Daga.
External Factors
Industry Trends
The textile industry is currently influenced by festive season demand and shifts in global consumer preferences. OEL is positioning itself by expanding its made-ups segment and strengthening its US distribution through Orbit Inc.
Competitive Moat
The company's moat is built on established distribution in the US and a comfortable debt coverage profile ([ICRA]A). Sustainability is supported by the ability to pass on cost increases to customers.
Macro Economic Sensitivity
The company is sensitive to global discretionary consumer spending; a downturn in key markets like the US would directly impact export volumes.
Consumer Behavior
Demand is driven by discretionary spending in key markets, which is subject to shifts in consumer confidence and festive season cycles.
Geopolitical Risks
Trade barriers and tariff burdens are managed by passing costs to customers, but global trade instability remains a risk for the US-based subsidiary.
Regulatory & Governance
Industry Regulations
The company complies with SEBI Listing Regulations (17 to 27) and Section 133 of the Companies Act, 2013. It also operates under state government policies for power and interest subsidies.
Taxation Policy Impact
Current tax liabilities (net) were INR 3.84 Cr as of September 30, 2025, compared to INR 0.17 Cr as of March 31, 2025.
Legal Contingencies
There were no strictures or penalties imposed by SEBI or Stock Exchanges in the last three financial years, except for observations mentioned in the Secretarial Audit Report (values not specified).
Risk Analysis
Key Uncertainties
Key risks include the high working capital intensity (35-39% of revenue) due to inventory holding and the potential for a significant decline in global textile demand.
Geographic Concentration Risk
High concentration in export markets, particularly the US, which is served by the subsidiary Orbit Inc.
Credit & Counterparty Risk
Trade receivables increased by INR 8.82 Cr in H1 FY26, indicating a need for careful monitoring of counterparty credit quality.