Synopsis:
Orbit Exports hit 5% upper circuit after reporting 127% net profit growth on a quarterly basis, followed by a 32% growth in revenue during the same period. On a yearly basis, revenue grew 27% and net profit grew by 53 percent.
The shares of this leading textile manufacturer are in focus after it reported a stellar financial performance in this quarter. In this article, we will dive more into the details.
With a market capitalisation of Rs 611 crore, the shares of Orbit Exports Ltd are currently trading at Rs 230.50 per share, representing a 25 percent decline from its 52-week high of Rs 306.40 per share. Over the past five years, the stock has delivered a robust return of 294 percent.
Q1 Highlights
The company reported an operating revenue of Rs 67 crore in Q1 FY26, up by 27 percent from its Q1 FY25 revenue of Rs 52.84 crore. On a quarterly basis, it surged by 32 percent from Rs 50.78 crore. As of FY24, the company derived 55 percent of its revenue from the international markets. The company is yet to publish FY25 data.
Coming to its profitability, it reported a net profit of Rs 15 crore in Q1 FY26, up by 53 percent from its Q1 FY25 profit of Rs 9.81 crore. On a quarterly basis, it surged by 127 percent from Rs 6.61 crore.
Coming to its revenue segmentation, it derived 67.89 crore from its Textile business, followed by Rs 2.97 crore from its investment division. It is to be noted that its investments increased by 597 percent from its previous year of the same quarter.
Orbit Exports Limited specialises in creating and exporting unique fabrics, with a presence that stretches across India, the United States, Latin America, Africa, Europe, and the Far East.
The company operates through two main divisions: Textile Manufacturing and Windmill Power Generation. Their textile offerings include everyday home essentials like cushions and table linens, as well as seasonal decorative items such as ribbons, ornaments, tree skirts, and stockings. Additionally, they provide a variety of fashion fabrics, featuring silky textures, stylish jacquards, tailoring materials, and fabrics perfect for casual wear.
Written by Satyajeet Mukherjee
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
