Oriental Rail Infrastructure Ltd (ORIRAIL)

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Oriental Rail Infrastructure Ltd (ORIRAIL) · mywealthgrid

About

Oriental Rail Infrastructure manufactures railway wagons within India's rail infrastructure supply chain. Market cap ₹737.76 Cr. Operates in the Industrials sector as a rail wagon manufacturing component supplier.

Face value: ₹1

Market cap

₹833 Cr

P/E

71.5×

P/B

2.3×

Dividend yield

0.1%

ROE

9.2%

ROCE

16.2%

Debt / equity

0.77

OPM

11.6%

EPS (TTM)

₹1.8

Book value

₹53.7

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Revenue fell 54% from ₹58.11 Cr (Mar 2020) to ₹26.92 Cr (Mar 2021); underlying demand weakness or temporary disruption unclear
Operating margin compressed to 11.63% from historical 13–21% range; verify if structural shift or cyclical weakness
PE 63.33 with stock down 31.64% over 1 year; market implies near-term earnings recovery is uncertain
Quarterly revenue volatile (₹9.8–₹58 Cr range); order visibility and forward pipeline appear weak

Generated analysis · source review pending

Growth drivers

Dividend history (2020–2026) shows periodic cash generation; verify sustainability at current ₹26.92 Cr quarterly revenue
OPM reached 21.55% (Mar 2021) vs. current 11.63%; verify drivers of historical recovery and potential for margin stabilization
Rail infrastructure capex is primary demand driver; verify Government spending plans and wagon procurement pipelines
Wagon replacement cycles depend on fleet age and regulatory requirements; verify Indian railway fleet modernization timelines

Generated analysis · source review pending

1,936 historical price candles were omitted because the exchange source has not been verified.

₹124.2+1.1%1Y

Quick read

rule-based

Pros

+Revenue CAGR of 17.7% over the last 5 years

Cons

−Low return on equity of 9.2% (3-yr avg)
−Expensive at 71.5× trailing earnings
−Low dividend payout of 5.8% of profit

Research score

Structured signal from quality, growth, valuation and momentum.

53/100

Business quality: 30
Growth: 89
Valuation: 39

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Mazagon Dock Shipbuilders LimitedMAZDOCKMAZDOCK	₹83,262 Cr	₹83,702 Cr	₹13,323 Cr	₹2,571 Cr	17.4%	₹2,854 Cr	19.8%	32.3%	29.2%	-21
Indo-Mim LimitedINDOMIMINDOMIM	₹62,891 Cr	₹63,981 Cr	₹4,193 Cr	₹1,071 Cr	25.5%	₹534 Cr	12.7%	29.6%	21.3%	—
Aditya Infotech LimitedCPPLUSCPPLUS	₹44,797 Cr	₹44,910 Cr	₹4,883 Cr	₹709 Cr	13.4%	₹477 Cr	8.7%	33.8%	25.5%	61
Cochin Shipyard LimitedCOCHINSHIPCOCHINSHIP	₹33,861 Cr	₹34,960 Cr	₹5,047 Cr	₹763 Cr	16.2%	₹680 Cr	14.3%	17.2%	12.5%	250
Syrma Sgs Technology LimitedSYRMASYRMA	₹33,121 Cr	₹33,474 Cr	₹5,464 Cr	₹610 Cr	11.3%	₹402 Cr	7.2%	18.7%	15%	48
Honeywell Automation India LimitedHONAUTHONAUT	₹29,454 Cr	₹29,454 Cr	₹4,703 Cr	₹637 Cr	12.9%	₹551 Cr	11.2%	16.7%	12.4%	-12
Jyoti Cnc Automation LimitedJYOTICNCJYOTICNC	₹23,470 Cr	₹24,320 Cr	₹2,191 Cr	₹535 Cr	25.2%	₹322 Cr	16.1%	25.3%	18.2%	359
Kaynes Technology India LimitedKAYNESKAYNES	₹22,773 Cr	₹23,648 Cr	₹3,899 Cr	₹609 Cr	15.8%	₹346 Cr	10%	15.4%	9.6%	193
Lmw LimitedLMWLMW	₹17,706 Cr	₹17,706 Cr	₹3,374 Cr	₹219 Cr	5.3%	₹175 Cr	4.1%	6.4%	4.6%	23
Tega Industries LimitedTEGATEGA	₹15,721 Cr	₹16,039 Cr	₹3,059 Cr	₹231 Cr	13.7%	₹21 Cr	8.4%	8.5%	5.9%	153
Lloyds Engineering Works LimitedLLOYDSENGGLLOYDSENGG	₹14,553 Cr	₹14,587 Cr	₹1,611 Cr	₹229 Cr	14.5%	₹163 Cr	15.2%	17.5%	16.4%	184
Swan Defence And Heavy Industries LimitedSWANDEFSWANDEF	₹14,325 Cr	₹17,050 Cr	₹312 Cr	₹-299 Cr	-109.8%	₹-237 Cr	-80.1%	-7.9%	-123.7%	725

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2017	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	104	133	267	220	173	325	526	602
COGS	75	92	194	156	102	246	394	456
Gross profit	29	41	72	64	71	79	132	146
	13	22	29	32	41	54	65	76
Operating profit (EBITDA)	16	19	44	31	30	25	67	70
OPM %	15%	14.4%	16.3%	14.3%	17.5%	7.7%	12.7%	11.6%
Depreciation	3	3	4	5	5	7	8	9
Interest	3	3	10	8	6	16	22	23
	2	2	2	2	2	2	3	6
Profit before tax	12	16	32	20	21	4	39	44
Tax	4	5	8	5	5	1	9	15
Tax %	33.9%	28.2%	23.8%	23.3%	25.1%	25.6%	23.9%	34.2%
	8	12	24	15	16	3	30	29
PAT margin %	7.4%	8.8%	9.1%	7%	9%	1%	5.7%	4.9%
EPS (₹)	—	—	—	—	—	—	—	—
EPS adjusted (₹)	1.4	2.2	4.5	2.9	2.9	0.6	4.9	4.5
Annual report	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity capital	5	5	5	5	5	5	5	6	6
Reserves	27	37	47	70	85	99	102	280	340
	85	124	159	187	158	171	287	276	266
	29	49	56	52	59	65	83	84	98
Total equity & liabilities	146	216	268	315	308	340	478	646	711
	—	—	—	—	74	107	106	125	124
CWIP	14	35	45	14	21	0	20	0	7
Investments	0	0	0	0	0	0	0	0	0
	133	180	222	301	213	233	351	521	580
Total assets	146	216	268	315	308	340	478	646	711

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2017	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Margins
Gross margin %	27.9%	30.7%	27.2%	28.9%	41.1%	24.3%	25.1%	24.2%
EBITDA margin %	15%	14.4%	16.3%	14.3%	17.5%	7.7%	12.7%	11.6%
EBIT margin %	12.6%	12.5%	14.8%	11.9%	14.5%	5.6%	11.1%	10.2%
PAT margin %	7.4%	8.8%	9.1%	7%	9%	1%	5.7%	4.9%
Working capital
Receivable days	102	108	87	98	105	78	91	87
Inventory days	150	197	172	161	396	274	188	214
Payable days	80	131	56	72	101	38	29	35
NWC days	172	175	203	187	400	314	250	266
Leverage
Current ratio	1.52	1.55	1.33	1.49	1.72	1.38	2.07	1.88
Debt to EBITDA	5.45	6.49	4.29	5.03	5.66	11.45	4.14	3.79
Debt to equity	2.65	2.94	2.47	1.76	1.64	2.66	0.96	0.77
Interest coverage	4.5	7	4.2	3.5	4.3	1.3	2.8	3
Asset turnover	0.71	0.62	0.85	0.72	0.51	0.68	0.81	0.85
Return ratios
Return on assets %	5.3%	5.4%	7.7%	5%	4.6%	0.7%	4.6%	4.1%
Return on capital employed %	18.3%	18.1%	28.2%	16.2%	13.5%	8.7%	18.8%	16.2%
Return on equity %	24%	27.6%	32.1%	17.1%	14.9%	3%	10.5%	8.4%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	57.85%	57.85%	54.81%	54.81%	54.81%	56.05%	56.05%	56.39%	57.69%	57.69%	57.69%	57.69%
	0%	0.02%	0.02%	0.33%	0.33%	0.42%	0.36%	0.35%	0.3%	0.15%	0.15%	0.11%
DII	0%	0%	0%	0.01%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	42.15%	42.13%	45.17%	44.85%	44.86%	43.53%	43.59%	43.26%	42.01%	42.16%	42.16%	42.2%
No. of shareholders	—	—	—	—	—	—	—	—	35,645	34,066	33,137	32,289

Promoter holding down 0.16 percentage points since Sep 2023.

7 deals · 24 Jul 2023 – 14 Dec 2023

Date	Client	Type	Venue	Side	Quantity	Price	Value
14 Dec 2023	SETU SECURITIES PVT LTD	Bulk	BSE	Sell	3,79,201	₹166.10	₹6.30 Cr
6 Dec 2023	SETU SECURITIES PVT LTD	Bulk	BSE	Buy	7,50,000	₹152.40	₹11.43 Cr
6 Dec 2023	MANSI SHARE & STOCK ADVISORS PRIVATE LIMITED	Bulk	BSE	Sell	6,94,982	₹151.76	₹10.55 Cr
30 Oct 2023	MANSI SHARE & STOCK ADVISORS PRIVATE LIMITED	Bulk	BSE	Buy	2,90,000	₹120.43	₹3.49 Cr
26 Sept 2023	FIROZ FAKHRUDDIN KARIMI	Bulk	BSE	Sell	2,93,720	₹83.64	₹2.46 Cr
18 Sept 2023	SHARMIN NASSER	Bulk	BSE	Buy	3,45,000	₹81.03	₹2.80 Cr
24 Jul 2023	FIROZ FAKHRUDDIN KARIMI	Bulk	BSE	Sell	5,00,000	₹68.79	₹3.44 Cr

1–7 of 7

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. Saleh Najmuddin MithiborwalaExecutive Director-Chairperson
Mr. Vali N. MithiborwalaExecutive Director
Mr. Karim N. MithiborwalaExecutive Director-MD
Mrs. Sheetal Bhavin NagdaNon-Executive - Independent Director
Mr. Dattaprasad UgrankarNon-Executive - Independent Director
Mr. Latif Abdulmalik PiraniNon-Executive - Independent Director
Mr. Amitabh SinhaExecutive Director
Mr. Nilesh Vinodchandra ParikhNon-Executive - Independent Director
Mrs. Hemali RachhCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Oriental Rail Infrastructure Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Aug 2026Transcript AI Summary PPT REC

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

9

Final dividend1 Sept 2026 · ex-date₹0.1
Final dividend28 Aug 2025 · ex-date₹0.1
Dividend dividend19 Sept 2024 · ex-date₹0.1
Dividend dividend19 Sept 2022 · ex-date₹0.25
Final dividend6 Sept 2021 · ex-date₹0.2
Dividend dividend15 Sept 2020 · ex-date₹0.2
Dividend dividend9 Sept 2019 · ex-date₹0.2
Final dividend14 Aug 2018 · ex-date₹2
Final dividend19 Sept 2017 · ex-date₹2

1

Board meeting to consider results11 Aug 2026

1

Face value ₹10 → ₹114 Nov 2018 · ex-date

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

44 announcementsExport CSV

1 Oct 2026, 5:28 pmCompany Update

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

Award of Order / Receipt of Order PDF

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Ratio	Mar 2017	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Margins
Gross margin %	27.9%	30.7%	27.2%	28.9%	41.1%	24.3%	25.1%	24.2%
EBITDA margin %	15%	14.4%	16.3%	14.3%	17.5%	7.7%	12.7%	11.6%
EBIT margin %	12.6%	12.5%	14.8%	11.9%	14.5%	5.6%	11.1%	10.2%
PAT margin %	7.4%	8.8%	9.1%	7%	9%	1%	5.7%	4.9%
Working capital
Receivable days	102	108	87	98	105	78	91	87
Inventory days	150	197	172	161	396	274	188	214
Payable days	80	131	56	72	101	38	29	35
NWC days	172	175	203	187	400	314	250	266
Leverage
Current ratio	1.52	1.55	1.33	1.49	1.72	1.38	2.07	1.88
Debt to EBITDA	5.45	6.49	4.29	5.03	5.66	11.45	4.14	3.79
Debt to equity	2.65	2.94	2.47	1.76	1.64	2.66	0.96	0.77
Interest coverage	4.5	7	4.2	3.5	4.3	1.3	2.8	3
Asset turnover	0.71	0.62	0.85	0.72	0.51	0.68	0.81	0.85
Return ratios
Return on assets %	5.3%	5.4%	7.7%	5%	4.6%	0.7%	4.6%	4.1%
Return on capital employed %	18.3%	18.1%	28.2%	16.2%	13.5%	8.7%	18.8%	16.2%
Return on equity %	24%	27.6%	32.1%	17.1%	14.9%	3%	10.5%	8.4%

Date	Category	Subject	Filing
1 Oct 2026, 5:28 pm	Company Update Award of Order / Receipt of Order	Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order	PDF
28 Sept 2026, 3:58 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
28 Sept 2026, 2:56 pm	Company Update Award of Order / Receipt of Order	Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order	PDF
21 Sept 2026, 5:15 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF
11 Sept 2026, 12:09 pm	Company Update Award of Order / Receipt of Order	Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order	PDF
10 Sept 2026, 3:20 pm	AGM/EGM Postal Ballot	Oriental Rail Infrastructure Ltd - 531859 - Shareholder Meeting / Postal Ballot-Scrutinizer"s Report	PDF
10 Sept 2026, 1:15 pm	AGM/EGM Postal Ballot	Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot	PDF
10 Sept 2026, 1:13 pm	AGM/EGM Postal Ballot	Oriental Rail Infrastructure Ltd - 531859 - Shareholder Meeting / Postal Ballot-Scrutinizer"s Report	PDF

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	-9	-25	-9	56	2	-44	6	-24
	-24	-10	-14	-6	-16	-24	-4	-9
	35	30	17	-38	5	70	98	-2
Net cash flow	2	-4	-7	11	-8	2	100	-34
Free cash flow	-36	-36	-26	47	-15	-70	-1	-38
CFO / Operating profit %	-48.3%	—	-21.5%	176.4%	8.1%	-175.6%	8.7%	-33.6%

Oriental Rail Infrastructure Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Events

Dividends9

Board meetings1

Stock splits1

Announcements

Dividends9

Board meetings1

Stock splits1

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

9

1

1

9

1

1