Slides
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EARNINGS PRESENTATION Q2 FY27 Oct 15th, 2026
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Strategy in Action | Q2 FY27 Key Updates Strong performance across categories, emerging businesses continue to scale Portfolio & Category Performance • Lighting: Revenue grew by double-digit; steady B2B growth; enquiry pipeline remains strong • Switchgear & Wires: Wires grew >2X, Switchgear grew high double-digit • Fans: Strong double-digit, driven by growth across MD & DTM states, significant market share gain • Appliances: Delivered double-digit growth Innovation & Premiumisation • Luminaires: 66% mix driven by premiumisation and focused NPDs • Premium mix: 41% contribution in fans driven by innovation led launches • NPD: Contributed ~30% to fans revenue • BLDC fans: Grew 26% driven by new premium launches Market Access, Brand & Service • ECOM: High double-digit growth • DTM expansion: MP, Chhattisgarh, Jharkhand added • Brand visibility: Reaching premium audiences through airports, outdoor & digital; strengthening tech image • Samvad 1: Sharper consumer insights; faster resolution through AI-led capabilities Operational Discipline • Pricing: Calibrated pricing across the portfolio • Sanchay: ~Rs 13 Cr saved in Q2 FY27 through focused cost actions • Fans-lighting distribution synergies yielding tangible gains for Switchgears & Wires • Margin resilience: EBITDA margin expansion YoY driven by operating leverage & cost optimisation initiatives 1) Customer Service enhancement initiative 2
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Key Highlights | Q2 FY27 3 Strong topline growth with sustained EBITDA expansion Revenue Rs 879 crore up 25.2% YoY Gross Margin 29.0% EBITDA 6.5% margin EBITDA grew by 49.7% YoY to Rs 57 crore PAT Rs 27 Cr up 124.4% YoY 34 days Working Capital Cycle Net Cash Rs 23 Cr
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Financial Snapshot | Q2 FY27 4 SALES Rs 879 Cr ECD Rs 550 Cr +24.9% YoY | -17.7% QoQ LIGHTING & SWITCHGEAR Rs 329 Cr +25.7% YoY | +17.0% QoQ GROSS PROFIT Rs 255 Cr +15.2% YoY | -9.9% QoQ 29.0% margin -251 bps YoY | -79 bps QoQ EBITDA Rs 57 Cr +49.7% YoY | -14.7% QoQ 6.5% margin +106 bps YoY | -55 bps QoQ PBT Rs 36 Cr +123.7% YoY | -14.1% QoQ 4.1% margin +183 bps YoY | -32 bps QoQ +25.2% YoY | -7.4% QoQ One Orient : Accelerating Multi-Engine growth portfolio
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Financial Snapshot | H1 FY27 5 SALES Rs 1,829 Cr ECD Rs 1,219 Cr +23.7% YoY LIGHTING & SWITCHGEAR Rs 610 Cr +25.5% YoY GROSS PROFIT Rs 538 Cr +14.0% YoY 29.4% margin -265 bps YoY EBITDA Rs 123 Cr +46.9% YoY 6.7% margin +104 bps YoY PBT Rs 79 Cr +97.5% YoY 4.3% margin +160 bps YoY +24.3% YoY One Orient : Accelerating Multi-Engine growth portfolio
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Electrical Consumer Durables
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Q2 FY27 Segment Highlights | ECD 7 Sustainable market share gains driven by growth across channels Key Business Drivers • Fans grew by high double-digit, outperforming the industry and driving market share gains • Both DTM & MD markets delivered double-digit growth • BLDC fans grew ~26% YoY, driven by new premium launches • Premium products contribute ~41% of fans mix, driven by innovation led launches • Appliances delivered double-digit growth, led by Water Heaters and Garment care segment • E-COM and Exports grew by double- digit, strengthening our share on marketplaces and expanding global presence EBIT (Rs Cr) & Margins 8.2% 8.7% 9.5% Revenue (₹ Cr) 36 58 52 Q2 FY26 Q1 FY27 Q2 FY27 441 669 550 Q2 FY26 Q1 FY27 Q2 FY27 +24.9% -17.7%
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Lighting & Switchgear
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• Lighting grew by double-digit, driven by new product launches and distribution expansion • Premium mix stable at 66%, reflecting sustained premiumisation momentum • Emerging categories continued acceleration: Wires grew >2X, while Switchgear & Switches grew by high double-digit • Electrician programs deepened channel reach, lifting cross-selling across fans and lighting networks 9 Q2 FY27 Segment Highlights | Lighting & Switchgear Emerging categories continue to fuel growth momentum Key Business Drivers EBIT (Rs Cr) & Margins 13.1% 15.0% 12.4% Revenue (Rs Cr) 34 42 41 Q2 FY26 Q1 FY27 Q2 FY27 262 281 329 Q2 FY26 Q1 FY27 Q2 FY27 +25.7% +17.0%
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New Product Launches
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New Product Launches I Float Neu Proton UL Ecotech SwiftEcotech Air Enamour Classic Neo (35L/50L) NIXA Shield MCB & Isolator Green Series Halogen Free Flame Retardant (HFFR) Wire Nixa Modular Switches
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v New Product Launches | Lighting Deco Ring Light Recess Nova Panel COB Track 3CCT 20W/30W Grace Sunlight 100W Surface Twist 7W/10W/15W Lighting Portfolio
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v New Product Launches | D2C Category Elfie Orbis Linea Tower Fan Lumo Pooch Pico Litpac Litpod
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Marketing Initiatives
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v v Key Marketing Campaigns INDEPENDENCE DAY CAMPAIGN “Chalta Hai, Ab Nai Chalega” D I G I T A L P H Y S I C A L Hero asset Brand Film Outdoor in electrical markets Digital OOH + Physical OOH Campaign stands to question the attitude of “Chalta Hai” and if this is what we want as tomorrow’s culture ECOTECH VOLT: SOCIAL EXPERIMENT FORMAT “Yeh Fan Chal Kaise Raha Hai?” Video 1 Intrigue Builder Video 2 Reveal Digital Amplification with 5 Local Influencers On ground activation was intended to showcase Ecotech Volt’s battery backup USP in an innovative and interesting way
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Financial Summary
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Profit & Loss Statement 17 *Loss on account of consolidation of manufacturing facilities at Noida (U.P) arising from write-down of capital assets to their Net Realizable Value (NRV) Particulars (in ₹ Crore) Q2 FY27 Q2 FY26 YoY% Q1 FY27 QoQ% H1 FY27 H1 FY26 YoY% Revenue from Operations 879.3 702.6 25.2% 949.8 -7.4% 1,829.1 1,471.7 24.3% COGS 624.1 481.1 29.7% 666.7 -6.4% 1,290.8 999.6 29.1% Gross Profit 255.2 221.5 15.2% 283.1 -9.9% 538.3 472.1 14.0% Gross Margin % 29.0% 31.5% -251 bps 29.8% -79 bps 29.4% 32.1% -265 bps Employee Expenses 83.4 75.8 10.1% 84.5 -1.3% 167.9 152.0 10.4% Other Expenses 115.0 107.8 6.7% 132.0 -12.9% 247.1 236.1 4.7% EBITDA 56.8 37.9 49.7% 66.6 -14.7% 123.4 84.0 46.9% EBITDA Margin % 6.5% 5.4% 106 bps 7.0% -55 bps 6.7% 5.7% 104 bps Depreciation 19.3 19.1 0.8% 18.8 2.4% 38.1 38.6 -1.3% Financial Cost 5.0 5.0 -1.0% 5.7 -13.2% 10.7 10.5 2.3% Other Income 3.9 2.5 56.8% 4.4 -10.1% 8.3 5.0 66.3% PBT before Exceptional Items 36.5 16.3 123.7% 46.4 -21.4% 82.9 40.0 107.4% Exceptional Items* 0.0 0.0 - 4.0 0.0% 4.0 0.0 0.0% PBT 36.5 16.3 123.7% 42.5 -14.1% 78.9 40.0 97.5% Tax 9.4 4.2 121.9% 11.0 -14.2% 20.4 10.4 96.3% Profit After Tax (PAT) 27.1 12.1 124.4% 31.5 -14.1% 58.5 29.6 97.9% PAT Margin % 3.1% 1.7% 136 bps 3.3% -24 bps 3.2% 2.0% 119 bps Earning Per Share in ₹ 1.27 0.57 124.4% 1.48 -14.1% 2.74 1.39 97.9%
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Balance Sheet 18 Particulars (in ₹ Crore) As on Sep 30th, 2026 As on Mar 31st 2026 Assets Non-Current Assets Property, Plant and Equipment 329.9 339.7 Capital Work in Progress 13.2 8.4 Intangible Assets 6.0 8.3 Intangible assets under development 1.4 1.3 Right of Use Asset 62.1 58.3 Trade Receivables 0.9 1.9 Other Financial Assets 15.5 15.2 Deferred Tax Assets (net) 44.7 42.9 Non-Current Tax Assets 1.5 5.4 Other Non-Current Assets 8.5 8.1 Total Non-Current Assets 483.7 489.4 Current Assets Inventories 517.7 425.6 Investments 35.0 60.2 Trade Receivables 570.4 619.4 Cash & Bank Balance 25.9 32.7 Other Financial Assets 8.2 8.1 Other Current Assets 48.4 28.3 Total Current Assets 1,205.5 1,174.4 Asset Held for Sale 1.4 2.8 Total Assets 1,690.6 1,666.6 Particulars (in ₹ Crore) As on Sep 30th, 2026 As on Mar 31st, 2026 Equities & Liabilities Equity and Share Capital 21.3 21.3 Other Equity 783.3 738.8 Total Equity 804.6 760.1 Non-Current Liabilities Lease Liabilities 39.2 40.1 Long Term Provisions 46.2 39.2 Other Non-Current Liabilities 1.6 1.8 Total Non-Current Liabilities 87.0 81.1 Current Liabilities Borrowings 37.9 26.4 Lease Liabilities 31.4 26.8 Trade Payables 582.7 600.7 Other Current Financial Liabilities 52.5 66.6 Short Term Provisions 41.2 41.7 Other Current Liabilities 52.1 56.5 Current tax liabilities 1.2 6.6 Total Current Liabilities 799.0 825.4 Total Liabilities 886.0 906.5 Total Equity & Liabilities 1,690.6 1,666.6
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Shareholder Information 19 Stock Data Shareholding Pattern (September 30th, 2026) Bloomberg Ticker ORIENTEL IN BSE Ticker 541301 NSE Ticker ORIENTELEC Market Capitalization (Rs Crore) – September 30th, 2026 3,369 No. of Shares Outstanding (In Crores) 21.34 Promoters 38.3% Others 26.3% Mutual Funds 30.3% FIIs 3.8% Other DIIs 1.2%
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Thank You DISCLAIMER: Cautionary statement regarding forward-looking statements This presentation may contain certain forward-looking statements relating to Orient Electric Limited. (“OEL”, or “Company”) and its future business, development and economic performance. These statements include descriptions regarding the intent, belief or current expectations of the Company, its subsidiaries and associates and their respective directors and officers with respect to the results of operations and financial condition of the Company, subsidiary or associate, as the case may be. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to: (1) competitive pressures; (2) legislative and regulatory developments; (3) global, macroeconomic and political trends; (4) fluctuations in currency exchange rates and general financial market conditions; (5) delay or inability in obtaining approvals from authorities; (6) technical developments; (7) litigation; (8) adverse publicity and news coverage, which could cause actual development and results to differ materially from the statements made in this presentation. Company assumes no obligation to update or alter forward-looking statements whether as a result of new information, future events or otherwise. Any forward-looking statements and projections made by third parties included in this presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections. This presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this presentation. This presentation may not be all inclusive and may not contain all the information that you may consider material. Any liability in respect of the contents of, or any omission from, this presentation is expressly excluded. This presentation and its contents are confidential and should not be distributed, published or reproduced, in whole or in part, or disclosed by recipients directly or indirectly to any other person.