
About Oriental Rail Infrastructure Limited
Data last updated:
Oriental Rail Infrastructure Limited is a public limited company based in Thane, Maharashtra, India. It operates in the railway equipment and supply segment of the transport and logistics sector. It was incorporated on 08 March 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L35100MH1991PLC060686. Its GSTIN is 27AAACO0490M1Z9 (Maharashtra). Its shares are listed on BSE: 531859 and NSE: ORIRAIL.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.71 Cr. It was formerly known as Oriental Veneer Products Limited and Oriental Veneer Products Private Limited. It is led by directors including Karim Nuruddin Mithiborwala (Managing Director) and Saleh Najmuddin Mithiborwala (Whole-Time Director).
Its last annual general meeting (AGM) was held on 04 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Survey No – 49 Aghai (Via)Kalyan Railway Station, Thane, Maharashtra, India – 421301.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹573.35 Cr, a decline of 4.8% compared to the previous year. For the same year it recorded a net profit of ₹42.25 Cr (net margin 7.4%) and EBITDA of ₹85.36 Cr (EBITDA margin 14.9%). The net worth stands at ₹420.15 Cr (up 21.1% YoY). Total assets are valued at ₹739.89 Cr (up 17.4% YoY).
Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Oriental Veneer Products and Oriental Rail. As per MCA filings, the company has open charges of ₹568.99 Cr and satisfied charges of ₹122.53 Cr on record. Court records list 82 cases involving the company, including 62 filed by the company and 20 filed against it; 14 cases are pending. The company has 8 deals on record (7 market trades, 1 funding round), with disclosed funding of ₹212.2 Cr; the latest was in February 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ovpl.co.in.
Company details
Name history
Oriental Rail Infrastructure has undergone 2 name changes throughout its history. The company was previously known as Oriental Veneer Products Limited, and Oriental Veneer Products Private Limited. The current legal name is Oriental Rail Infrastructure Limited.
| Company Name | Status |
|---|---|
| Oriental Rail Infrastructure Limited | Current |
| Oriental Veneer Products Limited | Previous |
| Oriental Veneer Products Private Limited | Previous |
CIN history
Oriental Rail Infrastructure has one previous CIN (Corporate Identification Number): L02005MH1991PLC060686. The current CIN is L35100MH1991PLC060686, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L35100MH1991PLC060686 | Current |
| L02005MH1991PLC060686 | Previous |
Contact details
Oriental Rail Infrastructure Limited's registered office is in Thane, Maharashtra. Its website is ovpl.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No – 49 Aghai (Via)Kalyan Railway Station, Thane, Maharashtra, India – 421301
- IndustryTransport and Logistics, Railway Equipment & Supply
To see the full contact details of Oriental Rail Infrastructure Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Oriental Rail Infrastructure operates two associated brands: Oriental Veneer Products and Oriental Rail. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| OVPL engages in potato farming, grain marketing, and equipment services. | ovpl.co.in | |
| Railway rolling stock components and freight cars are manufactured. | orientalrail.com |
Business activity
The main business activities of Oriental Rail Infrastructure are manufacturing and trade. 6 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | |
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Oriental Rail Infrastructure Limited, buy the company report.
Financials of Oriental Rail Infrastructure Limited
FY 2025-26 filings availableOriental Rail Infrastructure Limited reported revenue of ₹573.35 Cr (down 4.8% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 573 | 602 | 526 | 325 | 173 | 220 | 267 |
| Revenue growth | -4.8% | +14.5% | +61.8% | +88.4% | -21.6% | -17.4% | - |
| EBITDA | 85.36 | 70.06 | 66.70 | 25.06 | 30.23 | 31.47 | 43.58 |
| EBITDA margin | +14.9% | +11.6% | +12.7% | +7.7% | +17.5% | +14.3% | +16.3% |
| Profit before tax | 56.96 | 44.41 | 39.43 | 4.29 | 20.80 | 20.09 | 31.95 |
| Net profit | 42.25 | 29.22 | 30.00 | 3.18 | 15.58 | 15.43 | 24.34 |
| Net profit margin | +7.4% | +4.9% | +5.7% | +1.0% | +9.0% | +7.0% | +9.1% |
| EPS (₹) | 6.30 | 4.53 | 4.88 | 0.59 | 2.89 | 2.86 | 4.51 |
| Balance sheet | |||||||
| Total assets | 740 | 630 | 581 | 422 | 283 | 256 | 267 |
| Net worth | 420 | 347 | 287 | 108 | 104 | 90.05 | 75.71 |
| Total debt | 319 | 282 | 294 | 314 | 178 | 165 | 191 |
| Cash & bank | 84.66 | 89.02 | 123 | 23.57 | 21.17 | 29.41 | 17.93 |
| Net working capital | 521 | 475 | 438 | 267 | 153 | 141 | 148 |
| Cash flow | |||||||
| Cash from operations | (29.73) | (23.52) | 5.78 | (44.01) | 2.45 | 55.52 | (9.35) |
| Cash from investing | (19.12) | (9.10) | (3.70) | (23.91) | (15.79) | (5.99) | (14.43) |
| Cash from financing | 44.49 | (1.64) | 97.65 | 70.31 | 5.10 | (38.04) | 16.73 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 138 | 153 | 169 | 133 | 118 | 140 | 153 | 186 |
| Revenue growth (YoY) | +16.7% | +9.5% | +10.3% | -28.3% | -4.2% | - | - | - |
| Other income | 1.49 | 2.37 | 1.56 | 1.05 | 1.51 | 2.92 | 1.25 | 1.24 |
| EBITDA | 20.95 | 23.68 | 25.43 | 21.66 | 14.58 | 17.49 | 17.23 | 21.40 |
| EBITDA margin | +15.2% | +15.4% | +15.1% | +16.2% | +12.4% | +12.5% | +11.3% | +11.5% |
| Depreciation | 2.57 | 2.40 | 2.44 | 2.34 | 2.30 | 2.20 | 2.27 | 2.22 |
| Interest | 5.40 | 7.55 | 6.23 | 6.15 | 5.49 | 6.22 | 5.96 | 6.18 |
| Profit before tax | 14.47 | 16.10 | 18.32 | 14.22 | 8.30 | 11.99 | 10.25 | 14.24 |
| Tax | 3.72 | 4.22 | 4.50 | 3.57 | 2.43 | 6.62 | 2.73 | 3.79 |
| Net profit | 10.75 | 11.88 | 13.82 | 10.65 | 5.87 | 5.37 | 7.52 | 10.45 |
| EPS (₹) | 1.60 | 1.77 | 2.06 | 1.59 | 0.91 | 0.83 | 1.22 | 1.70 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 172 | 153 | 172 | 135 | 113 | 95.91 | 171 |
| Revenue growth | +12.6% | -10.7% | +27.5% | +19.2% | +17.7% | -43.9% | - |
| EBITDA | 18.71 | 15.90 | 19.67 | 6.64 | 18.49 | 15.70 | 27.88 |
| EBITDA margin | +10.9% | +10.4% | +11.5% | +4.9% | +16.4% | +16.4% | +16.3% |
| Profit before tax | 16.64 | 14.40 | 16.19 | 3.18 | 17.71 | 14.42 | 25.27 |
| Net profit | 12.26 | 10.28 | 11.99 | 2.30 | 13.01 | 10.71 | 18.80 |
| Net profit margin | +7.1% | +6.7% | +7.0% | +1.7% | +11.5% | +11.2% | +11.0% |
| EPS (₹) | 1.83 | 1.59 | 1.95 | 0.43 | 2.42 | 1.99 | 3.49 |
| Balance sheet | |||||||
| Total assets | 407 | 353 | 308 | 140 | 127 | 97.82 | 109 |
| Net worth | 338 | 295 | 253 | 92.57 | 90.05 | 78.33 | 68.71 |
| Total debt | 68.30 | 57.31 | 54.19 | 47.31 | 36.64 | 19.03 | 39.87 |
| Cash & bank | 63.02 | 72.22 | 114 | 20.32 | 19.10 | 26.59 | 16.37 |
| Net working capital | 121 | 119 | 220 | 51.43 | 84.89 | 55.27 | 58.88 |
| Cash flow | |||||||
| Cash from operations | (39.95) | (40.45) | (53.82) | 37.87 | (23.00) | 32.64 | 4.71 |
| Cash from investing | (5.69) | (30.37) | 1.00 | (42.53) | 1.12 | 1.70 | (5.21) |
| Cash from financing | 36.44 | 28.84 | 147 | 5.88 | 14.39 | (24.12) | (3.47) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 32.85 | 41.25 | 54.14 | 42.61 | 34.49 | 41.21 | 25.10 | 45.79 |
| Revenue growth (YoY) | -4.8% | +0.1% | +115.7% | -6.9% | -16.0% | - | - | - |
| Other income | 1.14 | 1.86 | 1.16 | 0.82 | 1.27 | 2.23 | 1.14 | 1.15 |
| Total expenses | 29.18 | 40.20 | 46.28 | 36.48 | 30.82 | 36.93 | 22.74 | 40.97 |
| EBITDA | 3.67 | 1.05 | 7.86 | 6.13 | 3.67 | 4.28 | 2.36 | 4.82 |
| EBITDA margin | +11.2% | +2.5% | +14.5% | +14.4% | +10.6% | +10.4% | +9.4% | +10.5% |
| Depreciation | 0.55 | 0.50 | 0.45 | 0.41 | 0.38 | 0.32 | 0.34 | 0.32 |
| Interest | 1.28 | 1.57 | 1.39 | 1.36 | 1.12 | 1.40 | 1.27 | 1.53 |
| Profit before tax | 2.98 | 0.84 | 7.18 | 5.18 | 3.44 | 4.79 | 1.89 | 4.12 |
| Tax | 0.78 | 0.04 | 1.83 | 1.31 | 1.21 | 1.57 | 0.52 | 1.07 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 138 | 153 | 169 | 133 | 118 | 140 | 153 | 186 |
| Revenue growth (YoY) | +16.7% | +9.5% | +10.3% | -28.3% | -4.2% | - | - | - |
| Other income | 1.49 | 2.37 | 1.56 | 1.05 | 1.51 | 2.92 | 1.25 | 1.24 |
| EBITDA | 20.95 | 23.68 | 25.43 | 21.66 | 14.58 | 17.49 | 17.23 | 21.40 |
| EBITDA margin | +15.2% | +15.4% | +15.1% | +16.2% | +12.4% | +12.5% | +11.3% | +11.5% |
| Depreciation | 2.57 | 2.40 | 2.44 | 2.34 | 2.30 | 2.20 | 2.27 | 2.22 |
| Interest | 5.40 | 7.55 | 6.23 | 6.15 | 5.49 | 6.22 | 5.96 | 6.18 |
| Profit before tax | 14.47 | 16.10 | 18.32 | 14.22 | 8.30 | 11.99 | 10.25 | 14.24 |
| Tax | 3.72 | 4.22 | 4.50 | 3.57 | 2.43 | 6.62 | 2.73 | 3.79 |
| Net profit | 10.75 | 11.88 | 13.82 | 10.65 | 5.87 | 5.37 | 7.52 | 10.45 |
| EPS (₹) | 1.60 | 1.77 | 2.06 | 1.59 | 0.91 | 0.83 | 1.22 | 1.70 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 573 | 602 | 526 | 325 | 173 | 220 | 267 |
| Revenue growth | -4.8% | +14.5% | +61.8% | +88.4% | -21.6% | -17.4% | - |
| Other income | 6.50 | 5.98 | 2.73 | 2.09 | 2.08 | 2.17 | 2.49 |
| Total expenses | 488 | 532 | 460 | 300 | 142 | 189 | 223 |
| Employee cost | 34.90 | 30.07 | 22.84 | 17.50 | 13.29 | 10.30 | 17.25 |
| EBITDA | 85.36 | 70.06 | 66.70 | 25.06 | 30.23 | 31.47 | 43.58 |
| EBITDA margin | +14.9% | +11.6% | +12.7% | +7.7% | +17.5% | +14.3% | +16.3% |
| Depreciation | 9.48 | 8.88 | 8.01 | 6.82 | 5.23 | 5.35 | 4.17 |
| Interest | 25.42 | 22.75 | 21.99 | 16.04 | 6.28 | 8.20 | 9.95 |
| Profit before tax | 56.96 | 44.41 | 39.43 | 4.29 | 20.80 | 20.09 | 31.95 |
| Tax | 14.71 | 15.19 | 9.40 | 1.10 | 5.21 | 4.67 | 7.61 |
| Net profit | 42.25 | 29.22 | 30.00 | 3.18 | 15.58 | 15.43 | 24.34 |
| Net profit margin | +7.4% | +4.9% | +5.7% | +1.0% | +9.0% | +7.0% | +9.1% |
| EPS (₹) | 6.30 | 4.53 | 4.88 | 0.59 | 2.89 | 2.86 | 4.51 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 6.71 | 6.46 | 6.15 | 5.39 | 5.39 | 5.39 | 5.39 |
| Reserves & surplus | 413 | 330 | 259 | 102 | 98.90 | 84.66 | 70.32 |
| Shareholders' funds (net worth) | 420 | 347 | 287 | 108 | 104 | 90.05 | 75.71 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 319 | 251 | 213 | 223 | 95.24 | 90.33 | 116 |
| Unsecured loans | 0.00 | 31.49 | 80.97 | 90.80 | 82.65 | 74.84 | 74.87 |
| Total debt | 319 | 282 | 294 | 314 | 178 | 165 | 191 |
| Total liabilities | 740 | 630 | 581 | 422 | 283 | 256 | 267 |
| Assets | |||||||
| Gross block | 194 | 175 | 168 | 141 | 135 | 96.81 | 95.93 |
| Net block | 133 | 124 | 125 | 106 | 107 | 73.68 | 78.10 |
| Capital work in progress | 13.02 | 6.79 | 0.00 | 20.45 | 0.00 | 21.11 | 13.89 |
| Investments | 1.19 | 0.38 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 |
| Inventories | 297 | 267 | 203 | 184 | 110 | 68.90 | 91.60 |
| Sundry debtors | 186 | 143 | 132 | 69.84 | 49.62 | 59.29 | 49.81 |
| Cash & bank balances | 84.66 | 89.02 | 123 | 23.57 | 21.17 | 29.41 | 17.93 |
| Loans & advances | 52.44 | 46.65 | 39.66 | 41.12 | 26.10 | 32.15 | 34.20 |
| Total current assets | 621 | 546 | 497 | 319 | 207 | 190 | 194 |
| Total current liabilities | 99.97 | 70.08 | 58.87 | 51.83 | 53.68 | 49.00 | 45.46 |
| Net working capital | 521 | 475 | 438 | 267 | 153 | 141 | 148 |
| Total assets | 740 | 630 | 581 | 422 | 283 | 256 | 267 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 89.02 | 123 | 23.57 | 21.17 | 29.41 | 17.93 | 24.98 |
| Net cash from operating activities | (29.73) | (23.52) | 5.78 | (44.01) | 2.45 | 55.52 | (9.35) |
| Net cash from investing activities | (19.12) | (9.10) | (3.70) | (23.91) | (15.79) | (5.99) | (14.43) |
| Net cash from financing activities | 44.49 | (1.64) | 97.65 | 70.31 | 5.10 | (38.04) | 16.73 |
| Net change in cash | (4.36) | (34.27) | 99.72 | 2.39 | (8.24) | 11.48 | (7.05) |
| Closing cash | 84.66 | 89.02 | 123 | 23.57 | 21.17 | 29.41 | 17.93 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -4.8% | +14.5% | +61.8% | +88.4% | -21.6% | -17.4% | - |
| EBITDA growth | +21.8% | +5.0% | +166.2% | -17.1% | -3.9% | -27.8% | - |
| PBT growth | +28.3% | +12.6% | +819.1% | -79.4% | +3.5% | -37.1% | +100.4% |
| Net income growth | +44.6% | -2.6% | +843.4% | -79.6% | +1.0% | -36.6% | - |
| Revenue CAGR (3Y) | +20.8% | +51.7% | +33.7% | +6.8% | +7.4% | +18.9% | +39.9% |
| EBITDA CAGR (3Y) | +50.5% | +32.3% | +28.5% | -16.8% | +14.4% | +18.0% | +40.8% |
| Profitability & leverage | |||||||
| Net income margin | +7.4% | +4.9% | +5.7% | +1.0% | +9.0% | +7.0% | +9.1% |
| Return on capital employed | +12.0% | +11.1% | +12.3% | +5.8% | +10.1% | +10.8% | +17.4% |
| Return on net worth | +11.0% | +9.2% | +15.2% | +3.0% | +16.0% | +18.6% | +37.9% |
| Debt / equity | 0.78 | 0.91 | 1.54 | 2.32 | 1.77 | 2.15 | 2.74 |
| Long-term debt / equity | 0.08 | 0.22 | 0.51 | 0.97 | 0.95 | 1.07 | 1.43 |
| Interest cover | 33.50 | 37.19 | 37.47 | 87.94 | 25.12 | 31.39 | 25.25 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.11 | 3.51 | 3.41 | 2.35 | 1.49 | 2.28 | 3.71 |
| Inventory turnover | 2.03 | 2.56 | 2.72 | 2.21 | 1.93 | 2.74 | 3.20 |
| Debtors turnover | 3.48 | 4.39 | 5.23 | 5.44 | 3.17 | 4.04 | 6.29 |
| EPS (₹) | 6.30 | 4.53 | 4.88 | 0.59 | 2.89 | 2.86 | 4.51 |
| Dividend per share (₹) | 0.10 | 0.10 | 0.10 | 0.00 | 0.25 | 0.20 | 0.20 |
| Book value per share (₹) | 62.65 | 52.09 | 43.18 | 19.98 | 19.35 | 16.71 | 14.05 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 32.85 | 41.25 | 54.14 | 42.61 | 34.49 | 41.21 | 25.10 | 45.79 |
| Revenue growth (YoY) | -4.8% | +0.1% | +115.7% | -6.9% | -16.0% | - | - | - |
| Other income | 1.14 | 1.86 | 1.16 | 0.82 | 1.27 | 2.23 | 1.14 | 1.15 |
| Total expenses | 29.18 | 40.20 | 46.28 | 36.48 | 30.82 | 36.93 | 22.74 | 40.97 |
| EBITDA | 3.67 | 1.05 | 7.86 | 6.13 | 3.67 | 4.28 | 2.36 | 4.82 |
| EBITDA margin | +11.2% | +2.5% | +14.5% | +14.4% | +10.6% | +10.4% | +9.4% | +10.5% |
| Depreciation | 0.55 | 0.50 | 0.45 | 0.41 | 0.38 | 0.32 | 0.34 | 0.32 |
| Interest | 1.28 | 1.57 | 1.39 | 1.36 | 1.12 | 1.40 | 1.27 | 1.53 |
| Profit before tax | 2.98 | 0.84 | 7.18 | 5.18 | 3.44 | 4.79 | 1.89 | 4.12 |
| Tax | 0.78 | 0.04 | 1.83 | 1.31 | 1.21 | 1.57 | 0.52 | 1.07 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 172 | 153 | 172 | 135 | 113 | 95.91 | 171 |
| Revenue growth | +12.6% | -10.7% | +27.5% | +19.2% | +17.7% | -43.9% | - |
| Other income | 5.11 | 4.97 | 2.23 | 1.94 | 1.93 | 2.04 | 2.24 |
| Total expenses | 154 | 137 | 152 | 128 | 94.41 | 80.21 | 143 |
| Employee cost | 19.90 | 16.55 | 14.23 | 11.39 | 9.65 | 7.40 | 13.30 |
| EBITDA | 18.71 | 15.90 | 19.67 | 6.64 | 18.49 | 15.70 | 27.88 |
| EBITDA margin | +10.9% | +10.4% | +11.5% | +4.9% | +16.4% | +16.4% | +16.3% |
| Depreciation | 1.73 | 1.30 | 1.27 | 1.08 | 0.97 | 1.16 | 1.00 |
| Interest | 5.45 | 5.17 | 4.44 | 4.32 | 1.74 | 2.16 | 3.85 |
| Profit before tax | 16.64 | 14.40 | 16.19 | 3.18 | 17.71 | 14.42 | 25.27 |
| Tax | 4.38 | 4.12 | 4.17 | 0.87 | 4.67 | 3.71 | 6.47 |
| Net profit | 12.26 | 10.28 | 11.99 | 2.30 | 13.01 | 10.71 | 18.80 |
| Net profit margin | +7.1% | +6.7% | +7.0% | +1.7% | +11.5% | +11.2% | +11.0% |
| EPS (₹) | 1.83 | 1.59 | 1.95 | 0.43 | 2.42 | 1.99 | 3.49 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 6.71 | 6.46 | 6.15 | 5.39 | 5.39 | 5.39 | 5.39 |
| Reserves & surplus | 331 | 278 | 226 | 87.18 | 84.66 | 72.94 | 63.32 |
| Shareholders' funds (net worth) | 338 | 295 | 253 | 92.57 | 90.05 | 78.33 | 68.71 |
| Secured loans | 68.30 | 57.31 | 48.91 | 46.57 | 36.37 | 19.03 | 39.87 |
| Unsecured loans | 0.00 | 0.00 | 5.28 | 0.74 | 0.27 | 0.00 | 0.00 |
| Total debt | 68.30 | 57.31 | 54.19 | 47.31 | 36.64 | 19.03 | 39.87 |
| Total liabilities | 407 | 353 | 308 | 140 | 127 | 97.82 | 109 |
| Assets | |||||||
| Gross block | 40.41 | 29.97 | 25.21 | 24.33 | 19.31 | 18.80 | 18.46 |
| Net block | 24.22 | 15.23 | 11.76 | 11.93 | 8.03 | 8.19 | 9.01 |
| Capital work in progress | 0.00 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 85.36 | 85.26 | 54.75 | 54.75 | 15.05 | 15.05 | 15.05 |
| Inventories | 40.10 | 34.48 | 21.86 | 29.89 | 23.61 | 10.53 | 19.79 |
| Sundry debtors | 72.16 | 56.05 | 56.74 | 37.71 | 39.73 | 37.24 | 39.44 |
| Cash & bank balances | 63.02 | 72.22 | 114 | 20.32 | 19.10 | 26.59 | 16.37 |
| Loans & advances | 10.09 | 6.06 | 71.68 | 6.54 | 37.65 | 11.29 | 11.74 |
| Total current assets | 185 | 169 | 264 | 94.46 | 120 | 85.65 | 87.34 |
| Total current liabilities | 64.10 | 49.95 | 44.67 | 43.03 | 35.20 | 30.38 | 28.46 |
| Net working capital | 121 | 119 | 220 | 51.43 | 84.89 | 55.27 | 58.88 |
| Total assets | 407 | 353 | 308 | 140 | 127 | 97.82 | 109 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 72.22 | 114 | 20.32 | 19.10 | 26.59 | 16.37 | 20.34 |
| Net cash from operating activities | (39.95) | (40.45) | (53.82) | 37.87 | (23.00) | 32.64 | 4.71 |
| Net cash from investing activities | (5.69) | (30.37) | 1.00 | (42.53) | 1.12 | 1.70 | (5.21) |
| Net cash from financing activities | 36.44 | 28.84 | 147 | 5.88 | 14.39 | (24.12) | (3.47) |
| Net change in cash | (9.20) | (41.99) | 93.89 | 1.22 | (7.49) | 10.22 | (3.97) |
| Closing cash | 63.02 | 72.22 | 114 | 20.32 | 19.10 | 26.59 | 16.37 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +12.6% | -10.7% | +27.5% | +19.2% | +17.7% | -43.9% | - |
| EBITDA growth | +17.7% | -19.2% | +196.2% | -64.1% | +17.8% | -43.7% | - |
| PBT growth | +15.6% | -11.1% | +409.1% | -82.0% | +22.8% | -42.9% | +91.3% |
| Net income growth | +19.3% | -14.3% | +421.3% | -82.3% | +21.5% | -43.0% | - |
| Revenue CAGR (3Y) | +8.6% | +10.7% | +21.4% | -7.7% | +3.1% | -6.2% | +22.7% |
| EBITDA CAGR (3Y) | +41.2% | -4.9% | +7.8% | -38.0% | +8.0% | -3.3% | +29.4% |
| Profitability & leverage | |||||||
| Net income margin | +7.1% | +6.7% | +7.0% | +1.7% | +11.6% | +11.2% | +11.0% |
| Return on capital employed | +5.8% | +5.9% | +9.2% | +5.6% | +17.3% | +16.0% | +29.2% |
| Return on net worth | +3.9% | +3.8% | +6.9% | +2.5% | +15.5% | +14.6% | +31.4% |
| Debt / equity | 0.20 | 0.20 | 0.29 | 0.46 | 0.33 | 0.40 | 0.65 |
| Long-term debt / equity | 0.04 | 0.05 | 0.05 | 0.01 | 0.00 | 0.00 | 0.00 |
| Interest cover | 32.10 | 35.41 | 24.13 | 77.70 | 9.93 | 14.86 | 14.32 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.90 | 5.55 | 6.93 | 6.17 | 5.92 | 5.15 | 9.56 |
| Inventory turnover | 4.63 | 5.44 | 6.63 | 5.03 | 6.61 | 6.33 | 6.29 |
| Debtors turnover | 2.69 | 2.72 | 3.63 | 3.47 | 2.93 | 2.50 | 5.28 |
| EPS (₹) | 1.83 | 1.59 | 1.95 | 0.43 | 2.42 | 1.99 | 3.49 |
| Dividend per share (₹) | 0.10 | 0.10 | 0.10 | 0.00 | 0.25 | 0.20 | 0.20 |
| Book value per share (₹) | 50.42 | 44.03 | 37.79 | 17.17 | 16.71 | 14.53 | 12.75 |
To see the full year-wise statements and ratios of Oriental Rail Infrastructure Limited, buy the company report.
Board of directors of Oriental Rail Infrastructure Limited
Oriental Rail Infrastructure has 8 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saleh Najmuddin Mithiborwala Also directs: Abor Projects LLP, Gen-Wood Products Private Limited, Industrial Laminates (India) Private Limited and 5 more | Whole-Time Director | 29 Oct 1997 | 28 Years 11 Months | Current |
| Sheetal Bhavin Nagda Also directs: Oriental Foundry Private Limited, Azad India Mobility Limited | Director | 14 Dec 2021 | 4 Years 10 Months | Current |
| Vali Najmuddin Mithiborwala Also directs: Oriental Foundry Private Limited, Exim Trade Links (India) Private Limited, Oriental Technocraft Private Limited and 5 more | Whole-Time Director | 18 Aug 2017 | 9 Years 2 Months | Current |
| Karim Nuruddin Mithiborwala Also directs: V K Mithiborwala and Company Private Limited | Managing Director | 29 Oct 1999 | 26 Years 11 Months | Current |
| Nileshkumar Vinod Parikh Also directs: Starteck Finance Limited | Director | 09 Jun 2025 | 1 Years 4 Months | Current |
| Latif Abdul Malik Pirani Also directs: Aga Khan Health Services India | Director | 14 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Oriental Rail Infrastructure Limited is audited by Anil Bansal & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Anil Bansal & Associates | FY 2023 | 100421W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 57.70%, foreign institutional investors hold 0.10%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 42.20%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 57.70% | 57.70% | 57.70% | 57.70% |
| Public | 42.30% | 42.30% | 42.30% | 42.30% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Mar 2026 | 101266983 | Others | ₹11.29 Lakh | Open | |
| 31 Jan 2026 | 101244157 | Others | ₹13.75 Lakh | Open | |
| 05 Jan 2026 | 101231478 | Others | ₹401 Cr | Open | |
| 31 Oct 2025 | 101177306 | Others | ₹29.22 Lakh | Open | |
| 11 Aug 2025 | 101149292 | Others | ₹22 Lakh | Open |
To see the full charge records of Oriental Rail Infrastructure Limited, buy the company report.
Total charge records: 79 View all charges
Deals & funding
Oriental Rail Infrastructure Limited has 8 deals on record (7 market trades, 1 funding round), with disclosed funding of ₹212.2 Cr; the latest was in February 2024.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Funding round | ₹212.2 Cr | Investors: Nexta Enterprises LLP , Paragraph Securities Private Limited , Ang Corporate Services Private Limited , an individual |
| Dec 2023 | Market trade | ₹6.3 Cr | Seller: Setu Securities Private Limited |
| Dec 2023 | Market trade | ₹11.43 Cr | Buyer: Setu Securities Private Limited Seller: Mansi Share and Stock Broking Private Limited |
| Oct 2023 | Market trade | ₹3.49 Cr | Buyer: Mansi Share and Stock Broking Private Limited |
| Sep 2023 | Market trade | ₹2.46 Cr | Seller: an individual |
To see the full deal history of Oriental Rail Infrastructure Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Oriental Rail Infrastructure Limited has 82 court cases on record: 62 filed by Oriental Rail Infrastructure, 20 filed against it. 14 cases are pending and 68 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 60 | 16 | 6 |
| District courts | 20 | 3 | 8 |
| Supreme Court | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 82)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalandhar, Punjab | Civil miscellaneous application | Filed by the company against Atam Valves Pvt. Ltd. | Pending |
| District court, Jalandhar, Punjab | Arbitration matter | Filed by the company against Atam Valves Pvt Ltd. | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Gamin Automation System LLP | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Union of India Through Ministry of Railway and Anr | Pending |
| District court, Lucknow, Uttar Pradesh | Arbitration matter | Filed by the company against Union of India | Pending |
To see the full case history of Oriental Rail Infrastructure Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Oriental Rail Infrastructure Limited was last rated by Care on 27 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 27 Oct 2020 |
To see the full credit ratings and regulatory alerts of Oriental Rail Infrastructure Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Oriental Rail Infrastructure Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Oriental Rail Infrastructure has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Oriental Foundry Private Limited | U27310MH2014PTC256609 |
To see the full group structure of Oriental Rail Infrastructure Limited, buy the company report.
GST
Oriental Rail Infrastructure has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACO0490M1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Oriental Rail Infrastructure Limited, buy the company report.
Recent activity
Oriental Rail Infrastructure Limited has 24 board changes on record since 1997: 16 appointments and 8 cessations. The latest: Suresh Govind Mane ceased to be Director on 12 Jun 2025.
149 earlier events are in the company report.
News
Frequently asked questions
Oriental Rail Infrastructure is an active public limited company based in Thane, Maharashtra, India. The company works in railway equipment and supply, within the transport and logistics industry. It was incorporated on 08 March 1991 (35+ years old) and is registered under CIN L35100MH1991PLC060686. Listed on BSE: 531859 and NSE: ORIRAIL.
Oriental Rail Infrastructure reported revenue of ₹573.35 Cr for FY 2025-26 (down 4.8% YoY) based on consolidated financials.
Oriental Rail Infrastructure has 8 current directors:
- Karim Nuruddin Mithiborwala - Managing Director
- Saleh Najmuddin Mithiborwala - Whole-Time Director
- Vali Najmuddin Mithiborwala - Whole-Time Director
- Amitabh Sinha - Whole-Time Director
- Sheetal Bhavin Nagda - Director
- Nileshkumar Vinod Parikh - Director
- Latif Abdul Malik Pirani - Director
- Dattaprasad Ugrankar - Director
The latest financial statements of Oriental Rail Infrastructure on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 04 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Oriental Rail Infrastructure is 27AAACO0490M1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Oriental Rail Infrastructure is L35100MH1991PLC060686. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Oriental Rail Infrastructure is listed on both BSE (code: 531859) and NSE (symbol: ORIRAIL).
Oriental Rail Infrastructure has 82 court cases on record: 62 filed by the company and 20 filed against it. 14 are pending. Most are in the high courts.
Oriental Rail Infrastructure was incorporated on 08 March 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Oriental Rail Infrastructure has 8 deals on record (7 market trades, 1 funding round), with disclosed funding of ₹212.2 Cr; the latest was in February 2024.