The current study was undertaken to evaluate the phytochemicals (qualitative and quantitative) and antioxidant activity of leaf, bulb, and root extracts of Eria lasiopetala. The qualitative analysis was determined by standard methods and the results confirmed the presence of terpenoids, coumarins, quinines, flavonoids, phenols, and saponins in all the three extracts of this orchid species. Quantitative estimation of total phenol, flavonoid, and tannin contents were ascertained by using standard methods. The maximum amount of phenol, flavonoid, and tannin contents were found in the leaf methanolic extracts as 54.81±7.7 mg GAEg-1, 108±1.70 mg QEg-1 and 80±5.49 mg TAg-1 respectively. DPPH (1,1-diphenyl-2-picryl hydrazyl) radical scavenging assay was used for determining the antioxidant activity of both methanolic crude extracts and four fractions [DCM (Dichloromethane), n-Hexane, Methanol, and Butanol] of leaf and root. The percentage of scavenging of DPPH free radical was found to be concentration dependent. Amongst all the samples, the most significant antioxidant activity was found in Butanol-1 and DCM extracts of bulb (IC50 value of 19.22 µgml and 23.68 µgml-1 respectively). However, the present investigation showed that the Eria lasiopetala is a reservoir of the phytochemicals and it can be utilized for the development of phyto-therapeutics.