Orient Electric (NSE:ORIENTELEC) Operating Income: ₹1,732 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:ORIENTELEC Orient Electric Ltd NSE:ORIENTELEC
82 GF Score
Price ₹170.74
GF Value ₹274.98
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Orient Electric Operating Income?

Orient Electric NSE:ORIENTELEC -2.06% 82 Operating Income is ₹1,732 Mil as of Jun. 2026. GuruFocus rates NSE:ORIENTELEC with a GF Score™ of 82/100 and a GF Value™ of ₹274.98 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Orient Electric's Operating Income for the three months ended in Jun. 2026 was ₹478 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ₹1,732 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Orient Electric's Operating Income for the three months ended in Jun. 2026 was ₹478 Mil. Orient Electric's Revenue for the three months ended in Jun. 2026 was ₹9,498 Mil. Therefore, Orient Electric's Operating Margin % for the quarter that ended in Jun. 2026 was 5.03%.

Warning Sign:

Orient Electric Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -14.1%.

Orient Electric's 5-Year average Growth Rate for Operating Margin % was -14.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Orient Electric's annualized ROC % for the quarter that ended in Jun. 2026 was 16.09%. Orient Electric's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 26.72%.


Orient Electric  (NSE:ORIENTELEC) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Orient Electric's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=1912 * ( 1 - 25.84% )/( (8813.8 + 0)/ 1 )
=1417.9392/8813.8
=16.09 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Orient Electric's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1928/( ( (4111.1 + max(3103.6, 0)) + (0 + max(0, 0)) )/ 1 )
=1928/( ( 7214.7 + 0 )/ 1 )
=1928/7214.7
=26.72 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6194.3 + 4255.6 + 375.1) - (6930.8 + 0 + 790.6)
=3103.6

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Orient Electric's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=478/9497.6
=5.03 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Orient Electric Operating Income Related Terms


Orient Electric Operating Income Historical Data

* Premium members only.

The historical data trend for Orient Electric's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Orient Electric Operating Income Chart

Orient Electric Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,872.60 1,016.40 865.00 1,277.90 1,538.30

Orient Electric Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 266.30 188.30 487.80 577.60 478.00
NSE:ORIENTELEC
82GF Score
Orient Electric Ltd NSE:ORIENTELEC
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Orient Electric Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,732 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of ₹1,732 Mil mean?
Orient Electric (NSE:ORIENTELEC) has a Operating Income of ₹1,732 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Orient Electric and its competitors.
Is Orient Electric's Operating Income too high?
Orient Electric's current Operating Income is ₹1,732 Mil. Overall, Orient Electric has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Orient Electric's Operating Income compare to SN and SGI?
Orient Electric's Operating Income of ₹1,732 Mil can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Furnishings, Fixtures & Appliances company?
A good Operating Income depends on the Furnishings, Fixtures & Appliances industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Orient Electric and its competitors. Orient Electric's current Operating Income is ₹1,732 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orient Electric stock overvalued right now?
Based on GuruFocus' analysis, Orient Electric (NSE:ORIENTELEC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹274.98, compared to a current price of ₹170.74 — trading 37.9% below its estimated fair value. The current Operating Income is ₹1,732 Mil. Orient Electric's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Orient Electric (NSE:ORIENTELEC), the current Operating Income is ₹1,732 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Orient Electric (NSE:ORIENTELEC) Overvalued in 2026?

Based on GuruFocus' analysis, Orient Electric stock appears to be undervalued. The current stock price of ₹170.74 is trading 37.9% below its estimated GF Value™ of ₹274.98. GuruFocus considers Orient Electric to be Significantly Undervalued.

Key valuation signals for NSE:ORIENTELEC:

  • Operating Income: ₹1,732 Mil
  • GF Value™: ₹274.98 vs. price of ₹170.74 (37.9% below fair value)
  • GF Score™: 82/100 with 2 warning signs

No single metric tells the full story. See the NSE:ORIENTELEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Orient Electric Business Description

Other Exchanges 541301:India
Address 240, Okhla Industrial Estate, Phase - III, Okhla, New Delhi, IND, 110 020
Orient Electric Ltd is a consumer electrical manufacturer. The company's operating segment includes Electrical Consumer Durables and Lighting & Switchgear. It generates maximum revenue from the Electrical Consumer Durables segment, which consists of the manufacture/purchase and sale of Electric Fans; ceiling, portable, and airflow, along with components and accessories, and Appliances; coolers, geysers, home appliances, and others. Geographically, the company generates a majority of its revenue within India and the rest from other regions.
82GF Score

Get the complete analysis for NSE:ORIENTELEC

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹170.74
Price
₹274.98
GF Value