Synopsis:
Orient Technologies Limited has secured a Rs. 30.81 crore, 3-year AMC order from The New India Assurance Company Limited, strengthening its managed services expertise in network, backup, and storage infrastructure.
During Tuesday’s trading session, shares of a leading provider of end-to-end digital transformation and IT infrastructure services are in focus on the stock exchanges, after securing a purchase order worth Rs. 30.8 crores from The New India Assurance Company Limited.
At 11:42 a.m., the shares of Orient Technologies Limited were trading in the green at Rs. 312.3 on BSE, up by nearly 0.6 percent, as against its previous closing price of Rs. 310.55, with a market cap of Rs. 1,300.5 crores. The stock has delivered positive returns of over 2 percent in the last one year, and has gained by about 0.3 percent in the last one month.
What’s the News
According to the latest regulatory filings on the stock exchanges, Orient Technologies Limited has been awarded a purchase order from The New India Assurance Company Limited for the Annual Maintenance Contract (AMC) of Network, Backup and Storage Devices at NIA Data Centres.
The engagement, valued at around Rs. 30.81 crores over a three-year period, further consolidates the company’s position in delivering managed services for network, backup, and storage infrastructure, while reinforcing its capabilities in the services domain.
Financials & more
Orient Technologies reported a significant growth in its revenue from operations, showing a year-on-year increase of around 43 percent from Rs. 149 crores in Q1 FY25 to Rs. 213 crores in Q1 FY26. Similarly, its net profit increased during the same period from Rs. 9 crores to Rs. 10 crores, representing a marginal rise of about 11 percent YoY.
In Q1 FY26, the revenue contribution across business verticals was as follows: Telecommunication – 17.89 percent, BFSI – 11.08 percent, Government & PSU – 15.88 percent, ITeS – 10.45 percent, and Mid-Market & Others – 45 percent.
The Mid-Market & Others segment comprises diverse industries, including healthcare, manufacturing, infrastructure, real estate, logistics, education, e-commerce, conglomerates, energy, and services. The company also maintains a robust order book of Rs. 414.4 crore for the remainder of FY26, with Rs. 178.72 crore scheduled for billing by 30th September 2025.
Orient Technologies Limited is an IT solutions and services provider specialising in innovative cloud and data management solutions for enterprises, and offers scalable services designed to enhance operational efficiency and business resilience.
The company remains focused on expanding its footprint across key sectors, with Device-as-a-Service (DaaS), cloud infrastructure and services, total outsourcing, application development and management, and cybersecurity forming the core of its growth strategy
Written by Shivani Singh
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