Orient Technologies EBITDA rises 45.6% as services mix grows

Orient Technologies Limited reported consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) of Rs 22.45 crore in Q2 FY27, up 45.6% from Q1 FY27, as services represented 59.60% of revenue for the quarter ended September 30, 2026. The EBITDA margin increased 263 basis points to 10.20%.

How did Orient Technologies’ Q2 FY27 consolidated profitability change?

Orient Technologies’ consolidated profitability increased sequentially in Q2 FY27, with EBITDA rising to Rs 22.45 crore from Rs 15.42 crore in Q1 FY27. Total income rose 7.99% to Rs 220.06 crore from Rs 203.77 crore, while EBITDA increased 45.59%, faster than income growth. The EBITDA margin moved to 10.20% from 7.57%, a gain of 263 basis points, where one basis point is one-hundredth of a percentage point.

Profit before tax (PBT) increased 124.14% to Rs 14.74 crore in Q2 FY27 from Rs 6.58 crore in Q1 FY27. Profit after tax (PAT) rose 126.66% to Rs 11.72 crore from Rs 5.17 crore, while earnings per share (EPS) increased to Rs 2.56 from Rs 1.13. The Board also approved an interim FY27 dividend of Rs 2 per equity share.

What drove Orient Technologies’ Q2 FY27 margin expansion?

Orient Technologies attributed the Q2 FY27 margin increase to a greater contribution from managed services, an improved revenue mix and operational execution. Services revenue increased 24.95% sequentially to Rs 130.99 crore from Rs 104.83 crore in Q1 FY27, while product revenue declined to Rs 88.78 crore from Rs 97.09 crore. Based on the company’s revenue-mix figures, services contributed 59.60% in Q2 FY27, compared with 51.92% in Q1 FY27.

The shift in mix coincided with Rs 7.03 crore of sequential EBITDA growth, from Rs 15.42 crore to Rs 22.45 crore, despite total income increasing by Rs 16.29 crore. Services revenue increased by Rs 26.16 crore over the period, while product revenue decreased by Rs 8.31 crore. Orient Technologies said its services-led portfolio covers infrastructure management, cloud operations, cybersecurity and technology lifecycle management, with an emphasis on long-term customer relationships and recurring-revenue opportunities.

How did Orient Technologies’ standalone results compare with Q1 FY27?

Orient Technologies’ standalone results also improved in Q2 FY27, with EBITDA rising 43.39% to Rs 21.02 crore from Rs 14.66 crore in Q1 FY27. Standalone total income increased 8.09% to Rs 217.64 crore from Rs 201.34 crore, and EBITDA margin expanded by 238 basis points to 9.66% from 7.28%.

Standalone PBT rose 124.05% to Rs 13.65 crore from Rs 6.09 crore, while standalone PAT rose 126.86% to Rs 10.18 crore from Rs 4.49 crore. Standalone EPS reached Rs 2.22 in Q2 FY27, compared with Rs 0.98 in Q1 FY27. Orient Technologies linked the standalone outcome to stronger execution and a growing contribution from its services portfolio.

What did Orient Technologies report for H1 FY27?

Orient Technologies reported consolidated total income of Rs 423.83 crore, EBITDA of Rs 37.87 crore and PAT of Rs 16.90 crore for H1 FY27. The six-month EBITDA margin was 8.94%, below the 10.20% recorded in Q2 FY27, showing that the September-quarter margin was above the half-year average.

Q2 FY27 EBITDA of Rs 22.45 crore was higher than the Rs 15.42 crore recorded in Q1 FY27 and accounted for more than half of H1 FY27 EBITDA of Rs 37.87 crore. Q2 PAT of Rs 11.72 crore similarly exceeded Q1 PAT of Rs 5.17 crore and made up a substantial share of the H1 FY27 PAT total of Rs 16.90 crore. These figures explain the difference between the half-year result and the second-quarter operating outcome.

What are Orient Technologies’ disclosed FY27 priorities and order book?

Orient Technologies said its order book stood at Rs 331.61 crore as of September 30, 2026, representing business expected to be billed up to March 31, 2027. For the second half of FY27, management identified profitable growth, services-led expansion, operational execution and working-capital efficiency among its priorities.

The company said it will seek to strengthen managed services and enterprise customer relationships across cloud, cybersecurity, infrastructure management and digital transformation. It also cited its Amazon Web Services Managed Service Provider recognition and its OHMS 2.0, or Orient Hosted Managed Services, framework. OHMS 2.0 is structured around four pillars: operate, hedge, modernise and scale, covering infrastructure management, cyber resilience, technology modernisation and scalable managed technology services.

Conclusion

Orient Technologies’ Q2 FY27 figures show that a revenue-mix shift occurred alongside higher sequential profitability. Consolidated EBITDA rose 45.6% to Rs 22.45 crore and PAT rose 126.66% to Rs 11.72 crore, while services’ reported revenue share increased from 51.92% in Q1 FY27 to 59.60% in Q2 FY27 and the EBITDA margin reached 10.20%.

The next disclosed measure to watch is conversion of the Rs 331.61 crore order book, which the company expects to bill up to March 31, 2027. Management’s stated second-half FY27 plan focuses on managed-services expansion, operating margins, working-capital efficiency and capabilities in cloud, cybersecurity, infrastructure management and digital transformation.