Orient Technologies profit rises, approves interim dividend

Orient Technologies reported higher quarterly profit, approved an interim dividend of ₹2 per share and disclosed an order book of ₹331.61 crore.

Consolidated total income for the second quarter rose to ₹220.06 crore. EBITDA increased to ₹22.45 crore from ₹15.42 crore in the previous quarter, while profit before tax climbed to ₹14.74 crore from ₹6.58 crore and profit after tax to ₹11.72 crore from ₹5.17 crore.

EBITDA margin improved to 10.20% from 7.57% in the first quarter, an increase of 263 basis points. Earnings per share rose to ₹2.56 from ₹1.13.

For the first half, consolidated total income stood at ₹423.83 crore. EBITDA for the six-month period was ₹37.87 crore, while profit after tax came in at ₹16.90 crore.

A shift in revenue mix contributed to stronger margins. Services revenue increased to ₹130.99 crore in the quarter from ₹104.83 crore in the preceding three months, a sequential rise of about 24.95%.

Services accounted for 59.60% of revenue, up from 51.92% in the previous quarter. Product revenue, by contrast, fell to ₹88.78 crore from ₹97.09 crore.

Standalone performance also improved in the quarter. Standalone total income rose to ₹217.64 crore from ₹201.34 crore, while EBITDA increased to ₹21.02 crore from ₹14.66 crore.

Standalone EBITDA margin expanded to 9.66% from 7.28%. Standalone profit before tax reached ₹13.65 crore from ₹6.09 crore, and profit after tax rose to ₹10.18 crore from ₹4.49 crore.

Services mix

Managed services played a larger role in the quarter's results, according to the company's financial disclosure. Orient Technologies said it continued to build its services business across infrastructure management, cloud operations, cybersecurity and technology lifecycle management.

Its order book as of September 30, 2026 stood at ₹331.61 crore, representing business expected to be billed by the end of March 2027. The board also approved an interim dividend of ₹2 per equity share, equal to 20% of face value.

The group has also been expanding its cloud and managed services operations. It highlighted its recognition as an Amazon Web Services Managed Service Provider and pointed to OHMS 2.0, its managed services framework structured around operations, cyber resilience, modernisation and scale.

Orient Technologies said it was continuing to invest in cloud architecture, modernisation and related technologies. It also identified cybersecurity, end-user computing and digital transformation as focus areas in its wider portfolio.

"Q2 FY27 marks an encouraging improvement in our operating performance, with consolidated EBITDA growing by 45.6% sequentially and EBITDA margins expanding by 263 basis points to 10.20%. A key driver of this performance has been the increased contribution from our managed services business, which continues to strengthen the quality of our revenue mix and support improved profitability. This reflects our strategic focus on building long-term customer relationships and expanding our services-led portfolio. Our AWS Managed Service Provider recognition and continued investments in OHMS 2.0, cybersecurity and digital transformation further strengthen our capabilities to address evolving enterprise technology requirements. As we move into the second half of FY27, our priorities remain focused on profitable growth, operational efficiency, working capital discipline and expanding our managed services business. We remain committed to creating sustainable long-term value for our customers, employees and shareholders," Ajay Sawant, Chairman and Managing Director of Orient Technologies, said.