In this article, we will discuss the Orient Technologies share price target for 2024 to 2035, fundamentals, future plans, and challenges depending on the various reports from research and brokerage firms and research analysts.
Quarter 2 Results
Here are the financial performance highlights for Orient Technologies for Q2 FY25:
- Net Profit: It’s up by 62.52% year-on-year from Rs 9.26 crore in the same quarter last year to Rs 15.05 crore.
- Revenue from Operations: Up by Rs 49.35 crore to Rs 223.14 crore compared to Rs 149.40 crore for Q2 of FY 2023-24.
- EBITDA: Consolidated EBITDA was at Rs 20.72 crore, up by 51.76% YoY for Rs 13.65 crore in the corresponding Q1 of FY24.
| Financial Metric | Q2 FY25 | Q2 FY24 | % Change |
| Net Profit | 15.05 crore | 9.26 crore | +62.52% |
| Revenue from Operations | 223.14 crore | 149.40 crore | +49.35% |
| EBITDA | 20.72 crore | 13.65 crore | +51.76% |
Stock Performance
After the announcement of the result of its Q2, the stock of Orient Technologies went up by 15.50% during intra-day trading on November 12, 2024, and touched a high of Rs 449.65 on the NSE. These positive market effects can be explained by the high profitability and forecasted performance of the company.
This is because Orient Technologies has recently begun to be actively appreciated by investors as a rather promising stock within the IT market.
Industry Overview
Specialising Specialized in IT-enabled services, Orient Technologies anticipates high growth as a result of the digital transformation agenda across numerous industries within the economy. Organizations are now using IT to up their competitive advantage by improving organizational workflows, customer satisfaction, and much more.
Key trends influencing the industry include:
- Cloud Computing: The changing client preferences towards cloud solutions is an essential factor that is creating the need for IT solutions that underlie cloud environments and goods.
- Data Management: Organizations are increasingly realizing the importance of data as they are creating massive data sets from their operations.
- Cybersecurity: As the threat of cyber attacks rises, companies are investing more in cybersecurity—a realm of growth for IT service firms.
- Remote Work Solutions: Thanks to the emergence of the remote work model, various IT solutions that help facilitate communication have been in high demand.
All these trends are very promising, especially for companies like Orient Technologies that are likely to satisfy market needs in the future.
Financials
Below is the following financial performance for Orient Technologies for Q2 FY25:
- Total Income: Quarterly up by Rs 75.75 crore, that is 50.74% year on year, to Rs 225.07 crore as against Rs 149.31 crore in Q1 FY25.
- Revenue from Operations: Increased by Rs 74.29 crore, or 49.92%, to Rs 223.14 crore from Rs 148.85 crore in Q1 FY 25.
- EBITDA: Consolidated EBITDA at Rs 20.72 crore, up by 51.76% to Rs 13.65 crore in Q1 FY25.
- Profit After Tax (PAT): Stepping up to Rs 15.06 crore, Q1 FY26, up from Rs 28 crore as in Q1 FY25.
- Earnings Per Share (EPS): Rising to Rs 4.15 million, up from Rs 2.59 million in Q1 FY25, an increase of 60.25 percent.
| Financial Metric | Q2 FY25 | Q1 FY25 | % Change |
| Total Income | 225.07 crore | 149.31 crore | +50.74% |
| Revenue from Operations | 223.14 crore | 148.85 crore | +49.92% |
| EBITDA | 20.72 crore | 13.65 crore | +51.76% |
| Net Profit | 15.06 crore | 9.28 crore | +62.20% |
| Earnings Per Share (EPS) | 4.15 | 2.59 | +60.25% |
Orient Technologies share price target for next 10 years
Orient Technologies is a small cap company with Market cap of Rs 1,760 crore. Company’s 52.19% revenue comes from IT infrastructure products, 25.6% revenue from Cloud and Data Management services and rest 22.21% revenue from ITES services. 52 week low share price was Rs 247 and 52 week high share price was Rs 449. Currently the share of Orient technologies is trading at near to 52 week high.
| Year | Minimum share price | Maximum share price |
|---|---|---|
| 2024 | 235 | 540 |
| 2025 | 380 | 720 |
| 2026 | 422 | 830 |
| 2027 | 488 | 910 |
| 2028 | 537 | 1,055 |
| 2029 | 650 | 1,104 |
| 2030 | 785 | 1,250 |
| 2031 | 850 | 1,345 |
| 2032 | 1,020 | 1,530 |
| 2033 | 1,294 | 1,846 |
| 2034 | 1,455 | 2,035 |
| 2035 | 1,580 | 2,590 |
Orient Technologies share price target for 2025
Orient Technologies share price target for 2025 is in bullish trend according to research analysts and brokerage firms, it may touch highest share price target Rs 720 and lowest price target Rs 380 in FY 2025.
Based on current data, the share price target of Orient Technologies in 2025 is positive, and the stock has potential to grow. This should be a good investment recommendation for long-term investors.
Orient Technologies share price target for 2030
The share price of Orient Technologies is expected to witness a bullish trend in the year 2030, with the maximum share price Rs 1250 and the minimum share price Rs 785 in 2030.
Based on current data, the share price target of Orient Technologies in 2030 is positive, and the stock has potential to grow. This should be a good investment recommendation for long-term investors.
Orient Technologies share price target for 2035
Orient Technologies share price target for 2035 is in bullish trend according to research analysts and brokerage firms, it may touch highest share price target Rs 2,590 and lowest price target 1,580 in FY 2035.
| Join our WhatsApp Channel for latest updates | Stockmoodys |
Strengths
- Strong Revenue Growth: Total Income and Total Operation Income reveal the sustained demand for the services of Orient Technologies and, thus, remarkable growth.
- Effective Cost Management: The sharp rise in EBITDA testifies to the efficient financial cost control in order to improve the enterprise’s profitability.
- Positive Market Sentiment: With regard to opinions, it is receiving better than other securities after earning announcements, which shows investors have confidence in the future of the stock.
Weaknesses
- Market Dependence: Like so many other companies in the IT sphere, Orient Technologies might face fluctuations in the market that would affect its revenues.
- Competitive Landscape: The IT-enabled service industry is a competitive one; to sustain and defend market share, some form of differentiation is inevitable.
Future Plans
In the future, Orient Technologies intends to leverage a robust pipeline filled with many more promising projects after the company enters Q3 FY25. Key focus areas include:
- Expansion of Service Offerings: To continue delivering on client needs, especially in service areas such as cloud computing and data analytics, the company intends to expand its service offering.
- Investment in Technology: To achieve these objectives, Orient Technologies aims to increase its investment in technology that will improve service delivery, which is crucial in globalization competition.
- Strengthening Client Relationships: Ensuring that future sales are maintained through repeat business, which is becoming increasingly crucial for the continuous growth of the industry, customer relations will prove vital; as such, the company needs to improve the customer interaction channel.
Conclusion
In the most recent earnings release, we have seen Orient Technologies offering an attractive investment proposition to its investors with sound financial performance and an upward trajectory recorded by the business. Being future-thinking and focusing on the growth of the IT-enabled services space, the firm is well placed to deliver sustainable value for its shareholders.
As more businesses adapt to digital transformation, markets that Orient Technologies operates in are likely going to be increasingly lucrative for the company.
| Hindalco share price target 2024 to 2035 | Read More… |
| Zen Technologies share price target 2024 to 2035 | Read More… |
Disclaimer: I am not a SEBI-registered investment adviser or research analyst. The information shared is only for educational purposes. This is not investment advice.
FAQs
Is Orient Technologies an excellent stock to buy?
Overall, the analysts have a favorable opinion of Orient Technologies, buoyed by its latest financial numbers, expansion prospects in the IT services sub-sector, and the positive market sentiment after the release of the latest earnings figures.
Is Orient Technologies a multi-bagger?
Though it has recently manifested reasonable growth, its capacity to generate multiple returns will depend on consistent growth and overall favorable market conditions in the future.
Who is the owner of Orient Technologies?
Ajay Baliram Sawant is the Chairman and Managing Director of Orient Technologies.
Is Orient Technologies debt-free?
The above figure shows that the company has almost no debt of about 1%, which means that it is not free of debts but controls the debts appropriately for equity.
What exactly is Orient Technologies, and what solutions does Orient Technology offer?
Orient Technologies offers a wide range of products and services across three main verticals: information technology solutions, business process outsourcing (BPO), knowledge process outsourcing (KPO), and cloud and data management services across a broad range of clients’ requirements.