Orient Technologies Limited
Incorporated in July 1997, Orient Technologies Limited is a rapidly expanding IT solutions provider based in Mumbai, Maharashtra, with deep expertise in creating specialized products and solutions within its business verticals.
What Orient files
- Others62
- Investor Meet21
- Updates15
- Important14
- Board Meeting10
- Dividend/Bonus4
Orient Technologies' CEO, Mr. Shrihari Kishor Bhat, acquired 2.60% shares (11.83 lakh) via off-market transfer from four sellers. Total equity capital remains Rs 45.81 Cr. This internal ownership shift sees the CEO increasing his stake.
ORIENTTECH reports Q3 FY26 revenue at ₹200.1 Cr (down YoY), with EBITDA falling significantly to ₹3.95 Cr, leading to an ₹0.81 Cr loss before tax. Positive developments include securing a 3-year Digital India Corp mandate (₹15+ Cr/quarter), new enterprise deals, and a 1:10 bonus issue.
Orient Technologies has announced a board meeting on the financial results for the quarter and half-year. FY25 revenue jumped 39.45% YoY to ₹846.29 Cr, with EBITDA up 22.71% to ₹74.35 Cr, led by cloud and data management now contributing 24% of sales. PAT grew 21.69% to ₹50.44 Cr, supported by...
The proposed acquisition of a 60% stake in eProtect 360 Solutions Private Limited by Orient Technologies has been mutually terminated after the companies were unable to agree on revised terms during due diligence. Despite initial approval from the Board for the acquisition, the lack of consensus on key terms has...
The company has disclosed a deviation in the utilization of funds raised through its IPO, which amounted to ₹214.76 crore. A significant portion of the funds was accurately utilized for the acquisition of office premises but there was an oversight related to issue expenses. Specifically, the company incurred costs that...