Orient Technologies Limited (ORIENTTECH)
₹230.76 +0.63% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Orient Technologies' revenue was ₹202 Cr (-5.0% year on year, +9.7% on the previous quarter), and net profit ₹5.2 Cr (-48.4% year on year); the operating margin was 6.7%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹202 | -5.0% | +9.7% |
| Operating profit | ₹13.6 | -11.9% | +203.6% |
| Net profit | ₹5.2 | -48.4% | from loss |
| EPS (₹) | 1.13 | -48.4% | from loss |
| Operating margin | 6.7% | — | — |
EPS restated for the 1:10 bonus of Jan 2026: Q1 FY26 ₹2.41 to ₹2.19.
ORIENTTECH delivery percentage and bulk deals
NSE end-of-day data for
On Fri, 16 Oct 2026, 41.55% of the ORIENTTECH shares traded on NSE were taken to delivery, against the stock's own 20-session average of 38.07%. That is close to its usual level. Volume was 0.1 times its average, well below normal. 12 bulk or block deals were reported in ORIENTTECH in the last 60 days: ₹61 Cr bought and ₹61 Cr sold.
Delivery in the last 5 sessions: 32.8% · 34.4% · 34.5% · 44.7% · 41.5%
| Date | Side | Counterparty | Value | Price | Quantity | Type |
|---|---|---|---|---|---|---|
| 7 Oct | Sell | Qe Securities Llp | ₹14.68 Cr | ₹250.29 | 586,587 | Bulk |
| 7 Oct | Buy | Qe Securities Llp | ₹14.60 Cr | ₹250.02 | 583,976 | Bulk |
| 7 Oct | Sell | Junomoneta Finsol Private Limited | ₹11.56 Cr | ₹249.27 | 463,848 | Bulk |
| 7 Oct | Buy | Junomoneta Finsol Private Limited | ₹11.54 Cr | ₹249.09 | 463,350 | Bulk |
| 7 Oct | Sell | Nk Securities Research Private Limited | ₹9.93 Cr | ₹249.37 | 398,168 | Bulk |
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
Orient Technologies 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 was issued by MUFG Intime India Private Limited, the company's Registrar and Share Transfer Agent. It confirms that share certificates received for dematerialisation during the quarter were duly processed, confirmed or rejected, and cancelled within prescribed timelines. This is a standard administrative compliance filing with no operational or financial impact.
- Compliance certificate filed under Regulation 74(5) for the quarter ended September 30, 2026
- Issued by Registrar and Share Transfer Agent MUFG Intime India Private Limited on October 03, 2026
- Confirmed processing and mutilation/cancellation of physical share certificates received for dematerialisation
Orient Technologies Limited has scheduled an analyst and investor interaction on September 29, 2026, at 11:00 AM IST. The management will be attending the Bharat Connect Conference organized virtually by Arihant Capital Markets Limited. The company confirmed that no unpublished price sensitive information (UPSI) will be discussed during the group meeting. This comes as the company navigates a transition toward managed services, reporting TTM revenue of Rs 794 Cr with an annual loss of Rs -9.92 Cr in FY26.
- Analyst/Investor meeting scheduled for September 29, 2026, at 11:00 a.m.
- Participation in the Bharat Connect Conference organised by Arihant Capital Markets Limited
- Meeting format confirmed as a virtual group interaction
- Company confirmed no unpublished price sensitive information will be shared
Orient Technologies has signed a 3-year contract worth USD 3.15 million (~Rs 26 crore) with Securonix to act as its exclusive Value-Added Distributor (VAD) and joint go-to-market partner in India. The company plans total investments of approximately USD 5 million (~Rs 42 crore) over the expansion course. The initiative includes hiring ~100 cybersecurity professionals and aims for a 12% expansion in Orient's cybersecurity customer base. The partnership also authorizes Orient to sell Securonix solutions in both India and the United States.
- Signed a USD 3.15 million, three-year contract with Securonix
- Total planned investment to reach approximately USD 5 million over the expansion course
- Plans to hire approximately 100 cybersecurity professionals
- Targeting a 12% expansion in Orient's cybersecurity customer base
- Certified and authorized to sell Securonix solutions across India and the United States
Orient Technologies has scheduled its 29th Annual General Meeting (AGM) for September 23, 2026, via video conferencing, and circulated its FY25-26 Annual Report. In the report, the company highlighted that Standalone Total Income reached ₹870.67 crore in FY26, driven by a 33% increase in services revenue to ₹446.56 crore (51% of total revenue). Standalone EBITDA declined to ₹47.53 crore from ₹74.35 crore in FY25 due to upfront investments and shift to annuity contracts, entering FY27 with an order book of approximately ₹400 crore (~50.4% of TTM revenue).
- 29th AGM scheduled for Wednesday, September 23, 2026, at 3:00 PM IST via Video Conferencing.
- Services revenue rose 33% YoY to ₹446.56 crore, making up nearly 51% of FY26 revenue.
- Opening order book for FY27 stands at approximately ₹400 crore, weighted toward multi-year managed services engagements.
- FY26 Standalone EBITDA stood at ₹47.53 crore compared to ₹74.35 crore in FY25, with Standalone PAT at ₹2.79 crore.
Orient Technologies released its Q1 FY27 earnings call transcript detailing a sequential operational turnaround. Consolidated revenue rose 9.7% QoQ to ₹201.92 crore, while EBITDA surged 161% QoQ to ₹15.42 crore with margins expanding 438 bps to 7.57%. Profit after tax turned positive at ₹5.17 crore (EPS ₹1.13) compared to a net loss of ₹4.99 crore in Q4 FY26. The executable order book reached ₹375.43 crore (~47.3% of TTM revenue of ₹794 crore), supported by recent insurance contract wins of ₹20 crore and ₹24 crore.
- Q1 FY27 revenue from operations grew 9.70% QoQ to ₹201.92 crore compared to ₹184.07 crore in Q4 FY26.
- EBITDA increased 161% QoQ to ₹15.42 crore, with EBITDA margin rising by 438 bps to 7.57%.
- Net profit rebounded to ₹5.17 crore against a net loss of ₹4.99 crore in Q4 FY26.
- Order book stood at ₹375.43 crore (comprising infra, cloud, and managed services) vs ~₹200 crore guided previously.
- Secured key contracts including a ₹20 crore PSU insurance engagement and a ₹24 crore general insurance cloud deal.
Orient Technologies has released the audio recording of its Q1 FY26 earnings conference call held on August 13, 2026. The company reported a recovery in the June 2026 quarter with a net profit of 4.50 crore, reversing a loss of 4.99 crore in the previous quarter. Revenue for Q1 FY26 stood at 199.49 crore, contributing to a TTM revenue of 794 crore. The call likely details the company's strategic pivot toward a services-led model and the operationalization of its Security Operating Center (SOC).
- Audio recording of the Q1 FY26 earnings call held on August 13, 2026, is now publicly available.
- Company reported Q1 FY26 revenue of 199.49 crore, approximately 25% of TTM revenue.
- Net profit for Q1 FY26 reached 4.50 crore, a significant recovery from the 4.99 crore loss in March 2026.
- Management is targeting a 22% expected growth rate through high-margin annuity contracts.
- Security Operating Center (SOC) commercialization is expected by the end of Q3 FY26 or early Q4 FY26.
Orient Technologies Limited has submitted its quarterly statement confirming zero deviation or variation in the utilization of IPO proceeds for the quarter ended June 30, 2026. Out of the ₹120.00 crore raised through the fresh issue in August 2024, the company has utilized ₹81.09 crore to date. Significant spending includes ₹45.05 crore towards capital expenditure and ₹10.35 crore for office acquisition in Navi Mumbai. The monitoring agency, CARE Rating Limited, has reviewed these figures, ensuring funds are used as per the original prospectus.
- Total IPO proceeds raised on August 28, 2024, amounted to ₹214.76 crore, including a ₹120.00 crore fresh issue.
- Cumulative utilization of fresh issue proceeds stands at ₹81.09 crore as of June 30, 2026.
- ₹45.05 crore has been deployed for capital expenditure against an original allocation of ₹79.65 crore.
- The ₹10.35 crore allocation for the Navi Mumbai office premise has been fully utilized.
- General corporate purposes and issue expenses accounted for ₹17.93 crore and ₹7.76 crore respectively.
Orient Technologies reported a sequential recovery in Q1 FY27, with revenue growing 9.7% QoQ to ₹201.92 crore. The company successfully turned profitable with an EPS of ₹1.13, compared to a loss of ₹1.09 in Q4 FY26, driven by a 438 bps expansion in EBITDA margins to 7.57%. A robust order book of ₹375.43 crore as of August 12, 2026, provides strong revenue visibility, representing approximately 44% of TTM revenue. Key contract wins in the insurance sector totaling ₹44 crore highlight the company's strengthening position in BFSI and cloud services.
- Revenue from operations increased 9.7% sequentially to ₹201.92 crore in Q1 FY27.
- EBITDA margins expanded significantly by 438 bps QoQ to reach 7.57%.
- Order book stands at ₹375.43 crore as of August 12, 2026, all billable within the current fiscal year.
- Secured two major insurance sector engagements worth ₹20 crore and ₹24 crore respectively.
- Employee base grew to 1,681 professionals as of June 30, 2026.
Orient Technologies reported a strong sequential recovery in Q1 FY27, with revenue growing 9.7% QoQ to ₹201.92 crore. Operating profitability saw a sharp rebound as EBITDA rose 161% QoQ to ₹15.42 crore, expanding margins by 438 bps to 7.57%. The company returned to profitability with an EPS of ₹1.13, reversing a loss of ₹1.09 in the previous quarter. A robust order book of ₹375.43 crore, representing approximately 44% of TTM revenue, provides significant visibility for the remainder of FY27.
- EBITDA surged 161% QoQ to ₹15.42 crore from ₹5.91 crore in Q4 FY26
- Order book stands at ₹375.43 crore as of August 12, 2026, all billable within FY27
- Secured two major insurance sector wins totaling ₹44 crore (₹20 cr PSU and ₹24 cr Cloud engagement)
- EBITDA margins expanded by 438 basis points to reach 7.57% compared to 3.19% in the previous quarter
- EPS turned positive at ₹1.13, a sequential improvement of ₹2.22 per share
Orient Technologies has appointed Mr. Shailesh Mandani as Chief Financial Officer and Ms. Sayli Munj as Company Secretary, effective August 12, 2026. This follows the resignation of the interim CS, Ms. Renuka Patel, as the company moves toward permanent leadership. The board also approved the unaudited financial results for the quarter ended June 30, 2026. These appointments are critical as the company seeks to recover from a loss-making FY26, where it reported a net loss of ₹9.92 cr.
- Mr. Shailesh Mandani appointed as CFO with over 15 years of experience in corporate finance and strategy.
- Ms. Sayli Munj appointed as Company Secretary and Compliance Officer with 10+ years of experience.
- Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.
- The company is transitioning from an interim CS back to a permanent leadership structure.
- The 29th Annual General Meeting (AGM) is scheduled for September 23, 2026.
Orient Technologies has announced a significant leadership transition, appointing Shailesh Mandani as CFO and Sayli Munj as Company Secretary effective August 12, 2026. Mr. Mandani, a CA with 15 years of experience, previously led the company's IPO and ERP implementation. This change occurs as the company attempts to recover from a net loss of ₹9.92 Cr in FY26 and pivots toward a higher-margin services-led model. The board also approved Q1 FY27 results and scheduled the 29th AGM for September 23, 2026.
- Appointment of Shailesh Mandani as Chief Financial Officer effective August 12, 2026, with 15+ years of experience.
- Appointment of Sayli Munj as Company Secretary and Compliance Officer with 10+ years of legal and secretarial experience.
- 29th Annual General Meeting (AGM) scheduled for September 23, 2026, via video conferencing.
- Approval of Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.
- Transition of Renuka Patel from Interim Company Secretary back to Deputy Company Secretary effective August 11, 2026.
Orient Technologies has scheduled its post-results conference call for August 13, 2026, to discuss Q1 FY27 performance. This follows a difficult FY26 where the company reported a net loss of ₹9.92 crore against a ₹50.44 crore profit in FY25. Investors will be looking for updates on the Security Operating Center (SOC) commercialization, which is critical for the company's pivot to a higher-margin services model. The current TTM Operating Profit Margin stands at 4.8%, down from 8.28% in FY25.
- Earnings conference call scheduled for August 13, 2026, at 10:00 a.m. IST
- Discussion to cover financial results for the quarter ended June 30, 2026
- Company reported a net loss of ₹9.92 crore for the full year FY26
- TTM revenue stands at ₹856 crore with a low OPM of 4.8%
- Management representation led by Chairman & Managing Director Ajay Baliram Sawant
Orient Technologies has secured a ₹76.20 crore purchase order from the National Payments Corporation of India (NPCI) for the supply of servers. The contract includes a 7-year warranty support period, which aligns with the company's strategy to increase service-led annuity revenue. This order represents approximately 8.9% of the company's TTM revenue of ₹856 crore and is scheduled for completion within 18 weeks. Given the company's recent quarterly losses, this high-profile win provides critical revenue visibility and strengthens its position in the BFSI technology infrastructure segment.
- Order value of ₹76.20 Crores (exclusive of GST)
- Execution timeline of 18 weeks from the date of the order
- Includes 7 years of warranty support with back-to-back OEM support
- Client is National Payments Corporation of India (NPCI), a key domestic financial infrastructure entity
Orient Technologies Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The document, issued by the Registrar and Share Transfer Agent (RTA), MUFG Intime India Private Limited, covers the quarter ended June 30, 2026. It confirms that share certificates received for dematerialization were processed, and the names of depositories were updated in the register of members within prescribed timelines. This is a standard administrative filing required for all listed entities in India.
- Compliance certificate issued for the quarter ended June 30, 2026
- Issued by Registrar and Share Transfer Agent MUFG Intime India Private Limited
- Confirms dematerialization requests were processed within prescribed timelines
- Verification that security certificates were mutilated and cancelled after dematerialization
Orient Technologies reported a marginal revenue growth of 2.9% YoY to ₹870.67 crore for FY26, though Profit Before Tax (PBT) declined significantly from ₹68.02 crore to ₹28.76 crore. Despite the profit contraction, the company secured major strategic wins totaling over ₹72 crore across BFSI, Public Sector, and Aviation segments. The company maintains a healthy order book of approximately ₹400 crore for FY27, providing revenue visibility. The management is pivoting towards high-value managed services and recurring revenue models to improve long-term sustainability.
- FY26 Total Revenue grew to ₹870.67 crore compared to ₹846.29 crore in FY25.
- Profit Before Tax (PBT) saw a sharp decline of 57.7% YoY, falling to ₹28.76 crore from ₹68.02 crore.
- Secured significant new orders including a ₹26 crore Public Sector project and a ₹22 crore BFSI infrastructure deal.
- Order book for FY27 stands at approximately ₹400 crore, ensuring a strong start for the next fiscal year.
- Revenue mix is well-diversified with Mid-Market (28.5%), BFSI (20.9%), and ITeS (19.3%) as top contributors.
Financial Performance
Revenue Growth by Segment
Revenue contribution for Q2 FY26 was led by Mid-market & Others at 47.40%, followed by Government & PSU at 19.65%, BFSI at 14.90%, Telecommunication at 13.11%, and ITES at 4.94%. Overall revenue from operations grew 22.25% YoY to Rs. 272.80 crores.
Geographic Revenue Split
The company is currently 100% domestic-focused, concentrating its operations and growth strategy entirely within the Indian market.
Profitability Margins
Revenue grew 22.25% YoY in Q2 FY26. Management expects margins to gradually improve in Q4 FY26 as setup costs for new initiatives taper and higher-margin services-led revenues scale up.
EBITDA Margin
Not explicitly disclosed as a percentage, but management indicates a positive trend with expected improvement in the latter half of FY26 as services-led revenue scales.
Capital Expenditure
Significant historical investment has been made in capability building, particularly in the Security Operating Center (SOC) infrastructure and tools, though specific INR Cr values for total CapEx were not disclosed.
Operational Drivers
Raw Materials
IT infrastructure components including servers, storage devices, networking hardware, and software licenses.
Import Sources
Primarily sourced through the domestic arms of global technology partners located in India.
Key Suppliers
Dell International Services India Pvt. Ltd. is identified as a significant OEM partner and primary supplier.
Capacity Expansion
The Security Operating Center (SOC) is in advanced stages of operational readiness, moving toward 24x7 monitoring. Commercial revenue generation is expected to start by the end of Q3 FY26 or early Q4 FY26.
Raw Material Costs
Raw material costs are primarily driven by hardware procurement from OEMs. The company is shifting toward a services-led model to reduce the impact of hardware costs on total revenue and improve gross margins.
Manufacturing Efficiency
Efficiency is being driven by transitioning the SOC to 24x7 operations to maximize asset utilization and service delivery capacity.
Strategic Growth
Expected Growth Rate
22%
Growth Strategy
Orient Technologies is executing a strategic pivot from traditional IT infrastructure to a services-led model, targeting higher-margin annuity revenue. Key to this is the commercialization of its Security Operating Center (SOC) in late FY26 and the expansion of its 'Device as a Service' (DaaS) offering. The company is also capitalizing on large-scale government automation projects and technology refresher programs for 'Big Four' firms, supported by its strong partnership with Dell Technologies.
Products & Services
IT infrastructure solutions, Cloud services, Managed services, Digital transformation projects, Security Operating Center (SOC) services, and Device as a Service (DaaS).
Brand Portfolio
Orient Technologies
New Products/Services
Security Operating Center (SOC) services and enhanced Cloud/Digital Transformation offerings are expected to contribute to revenue starting from the latter half of Q3 FY26.
Market Expansion
The company is focused on expanding its footprint across India to sustain growth momentum, leveraging the domestic digital transformation push.
Strategic Alliances
Maintains a strong alliance with Dell Technologies, recently receiving the CSG Business Champion Award for Client Solutions.
External Factors
Industry Trends
The Indian IT market is shifting toward digitalization and OpEx-based models like DaaS. Orient is positioning itself as a 'one-stop-shop' for IT transformation to capture this trend, which is currently driving double-digit industry growth.
Competitive Landscape
Competes with IT infrastructure providers but differentiates through its 'Device as a Service' model and localized service delivery for large-scale government projects.
Competitive Moat
The moat is built on deep-rooted OEM partnerships and a high proportion of annuity contracts providing revenue visibility. This is sustainable due to the high switching costs associated with mission-critical IT infrastructure and managed services.
Macro Economic Sensitivity
Highly sensitive to Indian GDP growth, as digital transformation demand across mid-market and government sectors is a primary driver of the company's 22.25% YoY growth.
Consumer Behavior
Enterprises are shifting from capital-intensive IT setups to managed service models to improve operational flexibility and security.
Geopolitical Risks
Low direct risk due to domestic focus, though global supply chain disruptions for IT hardware could indirectly impact procurement timelines.
Regulatory & Governance
Industry Regulations
Operations are governed by SEBI Listing Obligations and Disclosure Requirements (LODR) 2015 and SEBI ICDR Regulations 2018. The company undergoes quarterly Secretarial Audits to ensure share capital reconciliation and adherence to corporate governance standards.
Legal Contingencies
The company reported a non-compliance regarding the delayed submission of Related Party Transaction disclosures for the half-year ended September 30, 2024, under SEBI Regulation 23(9). No other major pending court case values were disclosed.
Risk Analysis
Key Uncertainties
Key risks include the timing of revenue realization from the SOC investment and the ability to scale talent for 24x7 operations, which could impact short-term margins by 2-3%.
Geographic Concentration Risk
100% of revenue is concentrated in the Indian domestic market.
Third Party Dependencies
Significant dependency on Dell Technologies for hardware solutions and Client Solutions business growth.
Technology Obsolescence Risk
High risk due to the rapid pace of IT evolution, mitigated by continuous investment in Cloud, SOC, and Digital Transformation capabilities.
Credit & Counterparty Risk
Exposure to Government & PSU (19.65% of revenue) and Mid-market clients, which may involve longer receivable cycles.
