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Orica Limited
(Sydney:ORI)
Orica Limited (ORI) vs. iShares MSCI Australia ETF (EWA)
Orica Limited Business Overview & Revenue Model
Orica Limited Earnings Call Summary
Orica Limited Financial Statement Overview
| Breakdown | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 8.14B | 7.69B | 7.95B | 7.10B | 5.21B |
| Gross Profit | 4.44B | 4.08B | 1.22B | 969.80M | 2.76B |
| EBITDA | 1.12B | 1.35B | 906.10M | 722.90M | 276.80M |
| Net Income | 162.30M | 524.60M | 295.70M | 60.10M | -173.80M |
Balance Sheet | |||||
| Total Assets | 9.95B | 9.60B | 8.88B | 8.47B | 7.46B |
| Cash, Cash Equivalents and Short-Term Investments | 746.70M | 580.70M | 1.15B | 1.26B | 551.00M |
| Total Debt | 3.00B | 2.52B | 2.37B | 2.46B | 2.32B |
| Total Liabilities | 5.69B | 5.05B | 4.72B | 4.64B | 4.67B |
| Stockholders Equity | 4.18B | 4.46B | 3.99B | 3.69B | 2.73B |
Cash Flow | |||||
| Free Cash Flow | 534.70M | 372.20M | 459.60M | 13.00M | 295.70M |
| Operating Cash Flow | 949.20M | 807.50M | 898.70M | 362.30M | 618.90M |
| Investing Cash Flow | -397.20M | -1.71B | -664.70M | -229.20M | -195.90M |
| Financing Cash Flow | -407.70M | 377.40M | -350.90M | 515.50M | -748.60M |
Orica Limited Technical Analysis
Orica Limited Peers Comparison
Orica Limited Corporate Events
Orica Limited has an ongoing on‑market share buy‑back program involving its ordinary fully paid shares traded under the ASX code ORI. The company has been progressively reducing its share count through this program as part of its broader capital management strategy.
As of this latest update dated 10 February 2026, Orica reports that it has repurchased a cumulative total of 20,999,668 shares prior to the previous trading day. It also confirms that a further 167,457 shares were bought back on the previous day, with this daily notification serving as an update to its ongoing buy‑back disclosures to the market.
The most recent analyst rating on (AU:ORI) stock is a Buy with a A$28.00 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
Orica Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for ordinary fully paid shares under code ORI. The update, dated 9 February 2026, reports that a total of 20,923,663 shares had been repurchased prior to the previous trading day, with an additional 76,005 shares bought back on that previous day.
The disclosure, which follows earlier notifications first lodged in March 2025, confirms the continuation of Orica’s capital management strategy via daily on-market buy-backs. This steady reduction in shares on issue is likely to support earnings per share over time and may signal management’s confidence in the company’s outlook and valuation to investors and other market participants.
The most recent analyst rating on (AU:ORI) stock is a Buy with a A$28.00 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
Orica Limited has disclosed a change in the interests of director Sanjiv Kumar Gandhi, who received an allocation of 156,302 performance rights under the company’s 2026 Long Term Incentive Plan at a valuation of $23.80 per right. Following this award, Gandhi’s holding increased to 587,904 performance rights, while his ordinary shareholding and deferred rights remain unchanged, underscoring Orica’s ongoing use of equity-based incentives to align executive remuneration with long-term shareholder value without any trades occurring during a closed period.
The most recent analyst rating on (AU:ORI) stock is a Buy with a A$28.00 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
Orica Limited has notified the market that it will issue 292,335 unquoted performance rights under its employee incentive scheme, with the securities not intended to be quoted on the ASX. The new performance rights grant forms part of Orica’s ongoing remuneration and retention framework for staff, aligning employees’ interests with shareholders and potentially affecting future dilution levels, while signalling continued use of equity-based incentives to support its long-term operational and strategic goals.
The most recent analyst rating on (AU:ORI) stock is a Buy with a A$28.00 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
Orica Limited has provided an update on its on-market share buy-back program, lodging a daily buy-back notification with the ASX for its ordinary fully paid shares. As of this latest update on 6 February 2026, the company has repurchased a cumulative total of 20,865,201 shares prior to the previous day and a further 58,462 shares on the prior trading day, indicating ongoing execution of its previously announced capital management initiative and a continued reduction in shares on issue that may influence earnings per share and capital structure for existing shareholders.
The most recent analyst rating on (AU:ORI) stock is a Buy with a A$28.00 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
Orica Limited has cancelled 243,847 fully paid ordinary shares as part of an on-market share buy-back, effective 23 January 2026. The reduction in issued capital marginally increases the ownership stake of remaining shareholders and reflects ongoing capital management initiatives aimed at optimising Orica’s balance sheet and capital structure.
The most recent analyst rating on (AU:ORI) stock is a Buy with a A$28.00 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
Orica Limited has provided an updated daily notification to the ASX on the progress of its on‑market share buy-back program for its ordinary fully paid shares. As of 21 January 2026, the company reported that it had repurchased a cumulative total of 20,765,060 shares prior to the previous trading day and bought back a further 100,141 shares on the previous day, signalling continued execution of its capital management strategy that can support earnings per share accretion and potentially enhance shareholder value over time.
The most recent analyst rating on (AU:ORI) stock is a Buy with a A$29.00 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
Orica Limited has notified the market that 223,578 performance rights (ASX code ORIAB) have lapsed as of 31 December 2025 after the conditions attached to these rights were not met or became incapable of being satisfied. The cessation of these performance rights represents an adjustment to Orica’s issued capital structure and indicates that specific performance or vesting hurdles tied to these rights were not achieved, which can influence management and employee equity incentives as well as dilute fewer existing shareholders than initially anticipated.
The most recent analyst rating on (AU:ORI) stock is a Buy with a A$26.00 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
Orica Limited has notified the market of the cessation of 5,417 performance rights (security code ORIAB) effective 31 December 2025, as disclosed in an Appendix 3H filing to the ASX. The adjustment reflects a minor change in Orica’s issued capital structure and may be related to the expiry, lapse or settlement of incentive securities, signalling routine housekeeping in its equity-based remuneration arrangements rather than a fundamental shift in its capital management strategy.
The most recent analyst rating on (AU:ORI) stock is a Buy with a A$26.00 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
Orica Limited has notified the market of the issue of 1,094,808 new ordinary fully paid shares following the exercise or conversion of previously unquoted equity securities, effective 31 December 2025. The additional shares modestly expand Orica’s issued capital base, reflecting ongoing utilisation of its equity-based incentive or financing arrangements and resulting in a small dilution for existing shareholders while further aligning stakeholders participating in these instruments with the company’s long-term performance.
The most recent analyst rating on (AU:ORI) stock is a Buy with a A$26.00 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
Orica Limited has provided an update on its on-market share buy-back program for its ordinary fully paid shares, confirming that a total of 20,621,354 shares had been repurchased prior to the most recent trading day, with an additional 143,706 shares bought back on the previous day. The ongoing buy-back, first notified in March 2025 and now reported in a daily update, reflects the company’s continued capital management strategy, which can support earnings per share through a reduced share count and signals confidence in Orica’s financial position to investors.
The most recent analyst rating on (AU:ORI) stock is a Hold with a A$26.00 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
Orica Limited has outlined its key corporate dates for the 2026 calendar year, including the release of half-year results on 7 May, interim dividend key dates in May and July, the deadline for director nominations on 14 October, full-year results and annual report release on 12 November, and final dividend and associated dates through November and December. The company also confirmed its 2026 annual general meeting will be held on 16 December and noted that any changes to the timetable will be communicated to the ASX, while its dividend reinvestment plan remains suspended pending a future decision by the board, providing investors and other stakeholders with clear visibility on Orica’s reporting, dividend and governance timetable for the year.
The most recent analyst rating on (AU:ORI) stock is a Hold with a A$26.00 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
Orica Limited has notified the market that 266,973 ordinary fully paid shares have been cancelled following completion of an on-market share buy-back. The reduction in issued capital is part of the company’s active capital management, which may enhance earnings per share and signal confidence in its financial position to investors.
The most recent analyst rating on (AU:ORI) stock is a Hold with a A$26.00 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
Orica Limited has reported an update on its on‑market share buy-back of ordinary fully paid shares, as disclosed to the ASX. The company has now repurchased a cumulative 20,451,461 shares before the previous trading day and bought back an additional 169,893 shares on the previous day, signalling continued execution of its capital management program and a focus on returning value to shareholders through reducing the number of shares on issue.
The most recent analyst rating on (AU:ORI) stock is a Hold with a A$26.00 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
At the 2025 Annual General Meeting, Orica Limited shareholders approved all resolutions, including the election and re-election of directors and the adoption of the Remuneration Report. Key approvals included granting performance rights to the CEO and reinstating proportional takeover provisions for three years, reflecting strong shareholder support and strategic alignment.
The most recent analyst rating on (AU:ORI) stock is a Hold with a A$26.00 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
Orica Limited, during its Annual General Meeting in 2025, acknowledged the Traditional Custodians of the lands and waters where it operates, emphasizing the importance of respecting and preserving cultural traditions. This acknowledgment highlights Orica’s commitment to cultural sensitivity and community engagement, which may positively influence its reputation and stakeholder relations.
The most recent analyst rating on (AU:ORI) stock is a Hold with a A$26.00 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
Orica Limited reported a significant achievement in 2025, with its highest earnings before interest and taxes in 13 years, reflecting a 23% increase from the previous year. The company is also making strides in sustainability, with a 51% reduction in Scope 1 and Scope 2 emissions since 2019, and is on track to achieve a 45% net emissions reduction by 2030. Additionally, Orica is undergoing leadership changes with Vik Bansal set to become the new Chairman, bringing extensive experience in global industrial operations.
The most recent analyst rating on (AU:ORI) stock is a Hold with a A$26.00 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
Orica Limited has announced an update on its ongoing share buy-back program, indicating a daily buy-back of 97,080 ordinary fully paid securities, bringing the total number of securities bought back to over 20 million. This buy-back initiative is part of Orica’s strategy to optimize its capital structure and enhance shareholder value, reflecting confidence in its financial position and future prospects.
The most recent analyst rating on (AU:ORI) stock is a Hold with a A$26.00 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
Orica Limited has announced an update regarding its ongoing share buy-back program, with a total of 20,232,113 securities bought back before the previous day and an additional 122,268 securities bought back on the previous day. This buy-back initiative is part of Orica’s strategy to optimize its capital structure and return value to shareholders, potentially enhancing its market position and financial stability.
The most recent analyst rating on (AU:ORI) stock is a Buy with a A$25.35 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
Orica Limited has announced an update on its ongoing share buy-back program, reporting the acquisition of 64,934 ordinary fully paid securities on the previous day, bringing the total number of shares bought back to 20,167,179. This buy-back initiative is part of Orica’s strategy to optimize its capital structure and deliver value to shareholders, reflecting the company’s confidence in its financial health and future prospects.
The most recent analyst rating on (AU:ORI) stock is a Buy with a A$25.35 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
Orica Limited has announced an update on its ongoing share buy-back program, revealing that a total of 20,167,179 ordinary fully paid securities have been repurchased as of December 4, 2025. This buy-back initiative is part of Orica’s strategy to optimize its capital structure and return value to shareholders, potentially impacting its market positioning and shareholder relations positively.
The most recent analyst rating on (AU:ORI) stock is a Buy with a A$25.35 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
Orica Limited announced a change in the director’s interest, with Sanjiv Kumar Gandhi acquiring an additional 55,744 ordinary shares as part of the Orica Short Term Incentive Plan. This change reflects the company’s ongoing commitment to aligning executive interests with shareholder value, potentially impacting stakeholder confidence and market perception positively.
The most recent analyst rating on (AU:ORI) stock is a Buy with a A$25.35 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
Orica Limited has announced an update on its ongoing share buy-back program, reporting the purchase of 155,850 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 19,796,568. This buy-back initiative is part of Orica’s strategy to optimize its capital structure and enhance shareholder value, reflecting confidence in its financial position and future growth prospects.
The most recent analyst rating on (AU:ORI) stock is a Buy with a A$25.35 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
Orica Limited announced a change in director’s interest notice for Mr. Sanjeev Gandhi and a notification regarding unquoted securities for key management personnel. The late lodgement of these notices was due to an administrative error, which has been addressed by updating the company’s reporting and notification processes to ensure future compliance with ASX listing rules.
The most recent analyst rating on (AU:ORI) stock is a Buy with a A$26.00 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.
Orica Limited has announced a change in the director’s interest, with Vikas Bansal acquiring 4,366 ordinary shares through an on-market trade. This transaction reflects a strategic move by the director, potentially indicating confidence in the company’s future performance and aligning with Orica’s ongoing commitment to strengthening its leadership and market position.
The most recent analyst rating on (AU:ORI) stock is a Buy with a A$26.00 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.