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OESXNASDAQMarket closedOpens 9:30am ET

Orion Energy Systems, Inc.

$30.43Last updated
-$0.04 (0.11%)Past day
Timezone

Orion Energy Systems, Inc. (NASDAQ: OESX) is trading at $30.43, about ₹2,923 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 0.11% today. Indian residents can buy Orion Energy Systems from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$30.94
Previous close:$30.46
Volume:61.46K

Today's low

$29.22

Today's high

$31.00

52 week low

$7.84

52 week high

$31.32

OESX opened at $30.94, closed previously at $30.46, and has traded between $7.84 and $31.32 over the past 52 weeks.

About

Orion Energy Systems, Inc. specializes in the comprehensive development, manufacturing, and implementation of energy management solutions, catering to commercial offices, retail spaces, industrial facilities, and exterior lighting needs throughout North America. Its operations are structured across three key segments: Orion Services Group, Orion Distribution Services, and Orion U.S. Markets. The company's product range includes interior LED high-bay luminaires, sophisticated smart building control systems that provide both lighting management and valuable data analytics for facility operators, and LED troffer door retrofits designed for grid ceilings in office and retail environments. Additionally, Orion supplies a diverse portfolio of LED and High-Intensity Fluorescent (HIF) lighting solutions addressing needs in agribusiness, parking lots, roadways, general retail, mezzanines, and various outdoor settings, also serving the private label market. Complementing its product offerings, Orion provides comprehensive maintenance, repair, and component replacement services. It also delivers a wide array of energy management services: site evaluations, on-site field verification, assistance with securing utility incentives and government subsidies, detailed engineering design, project oversight, installation coordination, facility commissioning, and environmentally responsible recycling initiatives. Furthermore, the company actively supplies the aftermarket with replacement lamps and fixture parts. Orion reaches its clientele through a multifaceted distribution network, including direct sales, independent sales agencies, third-party distributors, national and regional account end-users, federal and state government contracts, electrical distributors, electrical contractors, and energy service providers. Founded in 1996, Orion Energy Systems, Inc. maintains its headquarters in Manitowoc, Wisconsin.

Country
US
CEO
Sally A. Washlow
Exchange listed on
NASDAQ
Industry
Electrical Equipment & Parts
Base currency
USD
Full Time Employees
174
Sector
Industrials
IPO date
19/12/2007

Key statistics

Avg. volume

78.02K

Market cap

$123.42M

P/E Ratio

-874.28

Price-to-sales ratio

1.33

Enterprise value

-$3.23B

Free cash flow yield

-3.74%

Debt-to-equity ratio

0.35

Return on equity

-19.02%

ROIC

-6.32%

Beta

0.79

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

$86.31M

Earnings per share

-$0.89

Free cash flow

-$1.17M

Net profit margin

0.04%

Gross margin

33.63%

EBITDA

-$536.00K

Revenue growth

8.26%

Similar securities

This is not an investment recommendation

How to buy Orion Energy Systems from India

Indian residents can buy Orion Energy Systems shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.

  3. Search for Orion Energy Systems and place an order

    Find Orion Energy Systems by name or by its ticker, OESX, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Orion Energy Systems trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Orion Energy Systems position in USD and INR. Orion Energy Systems pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.

Read the full guide: how to invest in Orion Energy Systems from India

Trading and taxes when buying Orion Energy Systems from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
NoneOrion Energy Systems does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy Orion Energy Systems stock?

Yes. Orion Energy Systems (OESX) has been listed on NASDAQ since 2007, in the Electrical Equipment & Parts industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one Orion Energy Systems share cost in rupees?

One Orion Energy Systems share is $30.43 — about ₹2,923 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Orion Energy Systems price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying Orion Energy Systems from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Can I buy whole shares of Orion Energy Systems?

Yes. One Orion Energy Systems share is $30.43, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Orion Energy Systems.

How are gains on Orion Energy Systems shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Orion Energy Systems price. Paasa issues a capital-gains statement for your return.

Does Orion Energy Systems pay a dividend?

No. Orion Energy Systems does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.

When can I trade Orion Energy Systems from India?

NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on Orion Energy Systems shares held from India?

US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

Do I have to declare Orion Energy Systems shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Orion Energy Systems holding, its cost and its closing value.

How do I sell Orion Energy Systems and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.