1. At a Glance
Orbit Exports is that underrated cousin who shows up in festive wear and balance sheet formals. Q1 FY26 net profit jumped 53% YoY to ₹15 Cr on ₹67 Cr revenue (+26.8%). Margins still solid at 28%, P/E chilling at 13.5, and debt lower than your phone battery after Instagram Reels. But where’s the dividend, boss?
2. Introduction with Hook
Imagine a company that sells glitzy Christmas fabrics, sparkly wedding wear, and also quietly makes power from windmills. Sounds like Santa’s sustainable cousin went MBA?
Well, Orbit Exports is:
- Posting 42% profit growth TTM
- Trading at P/E of 13.5, cheaper than a Mumbai vada pav
- Rocking 20% ROCE while the rest of the textile crowd is still sorting cotton from polyester
If Raymond is the C-suite uncle, Orbit is the indie startup kid in ethnic wear.
3. Business Model (WTF Do They Even Do?)
Orbit Exports operates in two moods:
- Textiles: Fancy fabrics for bridalwear, fashion garments, festive home décor, and even Christmas crafts (yes, that’s a vertical).
- Wind Power: Just to feel woke and green.
They manufacture high-margin custom fabrics in batches—like Zara, but in sarees. Oh, and some sales go through Group companies because… why not?
Basically, they do “occasion-specific fashion” like your local tailor but with exports and board approvals.
4. Financials Overview
| Metric | FY25 (TTM) | YoY Growth |
|---|---|---|
| Revenue | ₹232 Cr | +19% |
| EBITDA | ₹58 Cr | +12% |
| PAT | ₹44 Cr | +29% |
| EPS | ₹16.7 | +30% |
| OPM | 25% | Holding steady like a Gujarati wedding menu |
Margins are strong, profits are growing, and yet… still no dividend. Orbit’s idea of “sharing the wealth” is showing you the financials and walking away.
5. Valuation
Current Price: ₹225
P/E: 13.5
Book Value: ₹103 → P/B: 2.17
Fair Value RANGE Estimate:
- P/E Method (12x–18x on FY26E EPS ₹18): ₹215 – ₹325
- EV/EBITDA Method (8x–10x on FY26E EBITDA ₹65 Cr): ₹210 – ₹265
This stock is cheaper than your D-Mart grocery run. The real question is—can it stay fancy without burning cash?
6. What’s Cooking – News, Triggers, Drama
Latest developments? Not much drama, but here’s the masala:
- Q1 FY26 net profit up 53% — that’s not a typo, it’s a textile miracle
- New auditors and AGM on Sept 2, 2025 — cue minor boardroom gossip
- Still no dividend — someone needs to stage an intervention
- Wind power ops quietly generating green creds (and a few rupees)
More boring than a family WhatsApp group, but surprisingly profitable.
7. Balance Sheet
| Item | FY25 |
|---|---|
| Equity Capital | ₹26 Cr |
| Reserves | ₹247 Cr |
| Borrowings | ₹15 Cr |
| Total Liabilities | ₹331 Cr |
| Fixed Assets | ₹134 Cr |
| Investments | ₹81 Cr |
Debt is down, reserves are up, and investments are finally showing up like that long-lost NRI cousin. Orbit is financially disciplined—maybe a bit too disciplined.
8. Cash Flow – Sab Number Game Hai
| Year | CFO | CFI | CFF | Net Cash Flow |
|---|---|---|---|---|
| FY23 | ₹49 Cr | ₹(18) Cr | ₹(31) Cr | ₹0 Cr |
| FY24 | ₹42 Cr | ₹(9) Cr | ₹(31) Cr | ₹2 Cr |
| FY25 | ₹33 Cr | ₹(26) Cr | ₹(10) Cr | ₹(2) Cr |
Operating cash flows are slowing, investing outflows are rising, and financing outflows look like someone took a silent oath to avoid dividends.
9. Ratios – Sexy or Stressy?
| Ratio | Value |
|---|---|
| ROE | 15.4% |
| ROCE | 19.8% |
| OPM | 25% |
| P/E | 13.5x |
| D/E | 0.06x |
These ratios aren’t Insta-worthy, but they’re clean and honest. Just like Orbit’s designs.
10. P&L Breakdown – Show Me the Money
| Year | Revenue | EBITDA | PAT |
|---|---|---|---|
| FY23 | ₹197 Cr | ₹55 Cr | ₹34 Cr |
| FY24 | ₹200 Cr | ₹52 Cr | ₹34 Cr |
| FY25 | ₹218 Cr | ₹54 Cr | ₹39 Cr |
Trend:
Steady as a Netflix subscription fee. Margins strong. Growth stable. But that dividend button seems broken.
11. Peer Comparison
| Company | P/E | ROE | OPM | Rev (TTM) | PAT (TTM) |
|---|---|---|---|---|---|
| KPR Mill | 53x | 17% | 19.5% | ₹6,388 Cr | ₹797 Cr |
| Vardhman | 16.4x | 9.3% | 12.6% | ₹9,861 Cr | ₹852 Cr |
| Welspun Living | 20.9x | 13.7% | 12.3% | ₹10,545 Cr | ₹639 Cr |
| Orbit Exports | 13.5x | 15.4% | 25% | ₹232 Cr | ₹44 Cr |
Verdict:
Orbit looks like a small-town topper in a metro exam—doesn’t have the volume, but sure knows how to squeeze profit from every thread.
12. Miscellaneous – Shareholding, Promoters
| Category | Jun 2025 |
|---|---|
| Promoters | 66.05% |
| FIIs | 0.02% |
| Public | 33.93% |
No FII interest (they’re still waiting for a textile “AI pivot”), and promoters seem committed. Also, no buzz on IPOs, demergers, or M&As—just pure business, baby.
13. EduInvesting Verdict™
Orbit Exports is the kind of company that quietly scales, pays no dividends, keeps margins juicy, and makes wedding and holiday fabric for the world. It’s niche, it’s stable, and it’s weirdly charming.
Final Take:
A festive profit machine with wind in its turbines. Just don’t expect fireworks unless they finally start sharing the profits.
Metadata:
Written by EduInvesting Team | 23 July 2025
Tags: Orbit Exports, Textile Stocks, Fancy Fabric, EduInvesting Premium, ROCE, Dividend Drought
