Order Book (Q4 FY26)
₹200 Cr
N/A
Includes infrastructure deployment, cloud, and managed services contracts.
ORIENTTECHNOLOGIES
Information Technology
15 Feb 2026
Orient Technologies Ltd — Q3 FY26
Orient Technologies reported a weak Q3 FY26 with revenue of ₹200.10 Cr (down 4.17% YoY) and a net loss of ₹14.96 Cr, driven by semiconductor shortages, supply chain disruptions, and the loss of a large telecom client.
✓ Verified against BSE filing
2-Min Summary
Orient Technologies reported a weak Q3 FY26 with revenue of ₹200.10 Cr (down 4.17% YoY) and a net loss of ₹14.96 Cr, driven by semiconductor shortages, supply chain disruptions, and the loss of a large telecom client. EBITDA margin compressed sharply to 1.51% as the company honored fixed-price contracts despite rising component costs. Positively, the company secured a ₹15 Cr/quarter three-year managed services contract from Digital India Corporation and other deals totaling ~₹14 Cr. Management expects supply-side challenges to persist through FY27, but margins should normalize as old contracts expire and customers accept higher prices. The order book stands at ₹200 Cr for Q4. Key risk: continued semiconductor shortages and pricing pressure could delay margin recovery.
Key Numbers
Digital India Corporation Contract (ARR)
₹60 Cr/year
N/A
Three-year annuity contract for managing UMANG and Digilocker platforms.
Segment Mix - Midmarket & Others
31.78%
N/A
Largest segment; includes healthcare, manufacturing, real estate, etc.
Debt
₹52.5 Cr
N/A
Net debt position as of Q3 FY26; debt-to-equity ratio ~0.15.
Management Guidance
Supply chain challenges to persist through FY27
Semiconductor shortages and price increases will continue throughout FY27, impacting hardware availability and margins.
otherMargin normalization expected in FY27
As old fixed-price contracts expire and customers accept new pricing, margins should recover in the coming fiscal year.
marginsNOC/SOC to reach full utilization in 24-36 months
The new service delivery center in Turbhe is operational; full utilization expected as enterprise contracts ramp up.
expansionKey Risks
Semiconductor shortage and pricing pressure
Supply chain disruptions and component price increases are expected to persist through FY27, pressuring margins.
high · management_commentaryLoss of large telecom client
The client moved entirely to a hyperscaler, resulting in a one-time revenue and margin hit; recovery unlikely.
high · analyst_questionInability to pass on price increases to customers
Fixed-price contracts force Orient to absorb cost increases, compressing margins until contracts expire.
medium · data_observationNotable Quotes
With a heavy heart I'm saying this this will continue throughout the year.
I see this as a big big opportunity and that is where we are all getting ourselves skilled for and this is where we are trying to take this opportunity with both hands.
From a GTM perspective we are working on the various front new hyperscalers or the people who are trying to build hyperscalers in India is one of the focus.