Oneindig Technologies Ltd
Incorporated in November 2016, Oneindig Technologies Limited is a renewable energy company engaged in providing Engineering, Procurement and Commissioning services
for solar power projects across India.[1]
- Market Cap ₹ 150 Cr.
- Current Price ₹ 138
- High / Low ₹ 158 / 120
- Stock P/E 24.2
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 32.9 %
- ROE 34.9 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 39.3%
Cons
- Promoter holding is low: 37.8%
- Company has high debtors of 152 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 19.32 | 43.58 | 46.01 | 69.21 | |
| 17.94 | 38.25 | 38.94 | 58.38 | |
| Operating Profit | 1.38 | 5.33 | 7.07 | 10.83 |
| OPM % | 7.14% | 12.23% | 15.37% | 15.65% |
| 0.00 | 0.06 | 0.09 | 0.23 | |
| Interest | 1.12 | 1.12 | 1.39 | 2.65 |
| Depreciation | 0.12 | 0.17 | 0.20 | 0.17 |
| Profit before tax | 0.14 | 4.10 | 5.57 | 8.24 |
| Tax % | 28.57% | 28.05% | 25.13% | 24.51% |
| 0.11 | 2.95 | 4.17 | 6.21 | |
| EPS in Rs | 0.55 | 6.50 | 5.18 | 7.72 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 53% |
| TTM: | 50% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 284% |
| TTM: | 48% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 39% |
| Last Year: | 35% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 2.00 | 4.54 | 8.04 | 8.04 |
| Reserves | 0.74 | 2.95 | 6.64 | 12.85 |
| 7.45 | 8.08 | 6.80 | 23.78 | |
| 3.44 | 11.58 | 13.84 | 15.60 | |
| Total Liabilities | 13.63 | 27.15 | 35.32 | 60.27 |
| 1.39 | 1.65 | 1.61 | 1.83 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.02 | 0.02 |
| 12.24 | 25.50 | 33.69 | 58.42 | |
| Total Assets | 13.63 | 27.15 | 35.32 | 60.27 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| -3.80 | 1.01 | -0.30 | -10.54 | |
| -1.47 | -0.30 | -2.63 | -3.67 | |
| 5.69 | 1.43 | 0.67 | 14.53 | |
| Net Cash Flow | 0.42 | 2.15 | -2.25 | 0.31 |
| Free Cash Flow | -4.77 | 0.57 | -0.49 | -10.93 |
| CFO/OP | -266% | 27% | -1% | -83% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 47.04 | 69.43 | 88.29 | 152.20 |
| Inventory Days | 160.87 | 85.63 | 144.61 | 134.27 |
| Days Payable | 52.83 | 87.48 | 108.38 | 93.07 |
| Cash Conversion Cycle | 155.08 | 67.58 | 124.53 | 193.41 |
| Working Capital Days | 54.79 | 19.01 | 73.06 | 54.48 |
| ROCE % | 40.53% | 37.73% | 32.93% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
- Entered MOU with Amritdev Renewable for 4.8 MW solar project in Fatehpur, subject to due diligence.
-
Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Emergence As L1 Bidder In E-Tender Id No 2026_NHPC_903395_1
- Declared L1 bidder for NHPC rooftop solar tender in Haryana, estimated at Rs 140 crore.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper publication with respect of 10th Annual General Meeting of the Company ( Post -dispatch Advertisement)
-
In Terms Of The Requirements Of Regulation 30 Of The Listing Regulations,
- Oneindig Technologies schedules 10th AGM on 28 September 2026, shares annual report link, and requests KYC updates.
- Reg. 34 (1) Annual Report.
Business Profile[1]
Oneindig Technologies Ltd is a solar Engineering, Procurement and Commissioning (EPC) company offering end-to-end renewable energy solutions. The company undertakes turnkey solar power projects across residential, commercial and industrial (C&I), utility-scale ground-mounted projects and solar water pumps. It also provides Operations & Maintenance (O&M) services and operates as an Independent Power Producer (IPP) through Power Purchase Agreements (PPAs).