Orient Green Power Company Ltd
- Market Cap ₹ 1,520 Cr.
- Current Price ₹ 13.0
- High / Low ₹ 19.4 / 10.8
- Stock P/E 99.4
- Book Value ₹ 10.1
- Dividend Yield 0.00 %
- ROCE 0.74 %
- ROE 0.79 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
Cons
- The company has delivered a poor sales growth of -16.5% over past five years.
- Promoter holding is low: 24.4%
- Company has a low return on equity of 0.22% over last 3 years.
- Contingent liabilities of Rs.811 Cr.
- Promoters have pledged or encumbered 100.0% of their holding.
- Company has high debtors of 333 days.
- Promoter holding has decreased over last 3 years: -10.1%
- Working capital days have increased from 176 days to 352 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.
Peer comparison
Utilities Power Power Power Generation
Part of BSE SmallCap BSE Allcap BSE Utilities
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 33.99 | 0.00 | 0.00 | 0.00 | 0.00 | 1.02 | 74.17 | 31.47 | 29.78 | 23.43 | 21.62 | 30.03 | 31.14 | |
| 53.91 | 20.03 | 23.53 | 19.65 | 117.75 | 26.65 | 37.66 | 37.94 | 36.37 | 32.46 | 28.28 | 29.56 | 28.19 | |
| Operating Profit | -19.92 | -20.03 | -23.53 | -19.65 | -117.75 | -25.63 | 36.51 | -6.47 | -6.59 | -9.03 | -6.66 | 0.47 | 2.95 |
| OPM % | -58.61% | -2,512.75% | 49.22% | -20.56% | -22.13% | -38.54% | -30.80% | 1.57% | 9.47% | ||||
| -59.83 | -172.50 | -119.52 | -62.19 | 28.12 | 53.87 | -0.99 | 3.99 | -0.08 | 15.94 | 2.68 | -22.00 | 3.12 | |
| Interest | 48.42 | 44.98 | 19.33 | 30.37 | 41.92 | 34.72 | 5.36 | 4.98 | 15.03 | 3.74 | 1.70 | 0.00 | 0.00 |
| Depreciation | 8.50 | 1.12 | 0.97 | 0.15 | 0.03 | 0.01 | 0.83 | 0.51 | 0.03 | 0.03 | 0.01 | 0.01 | 0.01 |
| Profit before tax | -136.67 | -238.63 | -163.35 | -112.36 | -131.58 | -6.49 | 29.33 | -7.97 | -21.73 | 3.14 | -5.69 | -21.54 | 6.06 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| -136.66 | -238.63 | -163.35 | -112.36 | -131.58 | -6.49 | 29.33 | -7.97 | -21.73 | 3.14 | -5.69 | -21.54 | 6.06 | |
| EPS in Rs | -1.54 | -2.69 | -1.41 | -0.97 | -1.12 | -0.06 | 0.25 | -0.07 | -0.19 | 0.03 | -0.05 | -0.18 | 0.06 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -17% |
| 3 Years: | 0% |
| TTM: | 33% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | -27% |
| 3 Years: | 34% |
| TTM: | 2736% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 48% |
| 3 Years: | 22% |
| 1 Year: | -27% |
| Return on Equity | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | -1% |
| 3 Years: | 0% |
| Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 568.08 | 568.08 | 739.80 | 739.80 | 750.72 | 750.72 | 750.72 | 750.72 | 750.72 | 750.72 | 980.72 | 1,173.03 | 1,173.03 |
| Reserves | 557.24 | 319.42 | 233.08 | 120.35 | -8.63 | -15.14 | 13.10 | 5.18 | -16.52 | -13.57 | -21.10 | 12.10 | 9.35 |
| 495.47 | 388.76 | 303.42 | 473.37 | 358.67 | 255.72 | 237.76 | 283.25 | 289.64 | 283.75 | 82.43 | 59.06 | 50.99 | |
| 54.20 | 102.22 | 77.43 | 120.69 | 132.48 | 112.36 | 102.57 | 10.08 | 6.21 | 3.62 | 5.61 | 5.76 | 9.35 | |
| Total Liabilities | 1,674.99 | 1,378.48 | 1,353.73 | 1,454.21 | 1,233.24 | 1,103.66 | 1,104.15 | 1,049.23 | 1,030.05 | 1,024.52 | 1,047.66 | 1,249.95 | 1,242.72 |
| 260.44 | 243.72 | 135.76 | 121.92 | 0.01 | 0.01 | 0.57 | 0.06 | 0.03 | 0.02 | 0.01 | 0.93 | 0.93 | |
| CWIP | 0.19 | 0.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 996.59 | 950.16 | 559.93 | 777.16 | 706.31 | 676.65 | 667.72 | 667.72 | 667.72 | 667.72 | 669.16 | 667.77 | 668.18 |
| 417.77 | 184.50 | 658.04 | 555.13 | 526.92 | 427.00 | 435.86 | 381.45 | 362.30 | 356.78 | 378.49 | 581.25 | 573.61 | |
| Total Assets | 1,674.99 | 1,378.48 | 1,353.73 | 1,454.21 | 1,233.24 | 1,103.66 | 1,104.15 | 1,049.23 | 1,030.05 | 1,024.52 | 1,047.66 | 1,249.95 | 1,242.72 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -14.60 | -7.21 | -10.44 | 6.54 | -60.45 | -7.96 | 19.89 | 13.72 | -5.49 | -1.79 | -18.86 | -15.01 | |
| -103.97 | 143.73 | -74.65 | -160.67 | 134.80 | 114.72 | 4.43 | 0.10 | 5.45 | 3.73 | 4.08 | -219.37 | |
| 117.71 | -132.74 | 83.86 | 152.74 | -75.21 | -107.18 | -24.08 | -13.87 | -0.06 | -1.41 | 32.49 | 223.72 | |
| Net Cash Flow | -0.86 | 3.78 | -1.23 | -1.39 | -0.86 | -0.42 | 0.24 | -0.05 | -0.10 | 0.53 | 17.71 | -10.66 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 50.79 | 186.08 | 121.85 | 91.39 | 29.78 | 21.97 | 118.68 | 333.40 | ||||
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 50.79 | 186.08 | 121.85 | 91.39 | 29.78 | 21.97 | 118.68 | 333.40 | ||||
| Working Capital Days | -619.29 | 8,352.06 | 234.34 | 57.76 | -38.00 | 2.80 | 172.37 | 352.36 | ||||
| ROCE % | -0.85% | -0.75% | -1.10% | -0.37% | -7.37% | 2.70% | 4.65% | -0.26% | -0.46% | 0.64% | -0.35% | 0.74% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
12 Nov - Transcript of Investors/Analysts call held on November 07, 2025
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Intimation Under Regulation 30 Of The SEBI [LODR] Regulations, 2015
8 Nov - Allotted 5,13,333 Delta shares on Nov 8, 2025 for Rs.51,33,330; holding remains 70%.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
7 Nov - Investor/Analyst call audio for Q2 and H1 FY26 results posted November 07, 2025.
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
6 Nov - CRISIL monitoring report: Rs250 crore rights issue utilization for quarter ended Sep 30, 2025; no deviations.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
6 Nov - Newspaper Advertisement - Disclosure under Regulation 30 and Regulation 47 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations")
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Concalls
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Nov 2025TranscriptPPTREC
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Aug 2025TranscriptPPT
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Jun 2020Transcript PPT
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Feb 2020Transcript PPT
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Nov 2019Transcript PPT
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Aug 2019Transcript PPT
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May 2019Transcript PPT
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Jan 2019Transcript PPT
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Nov 2018Transcript PPT
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Nov 2018TranscriptNotesPPT
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Aug 2018Transcript PPT
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May 2018TranscriptNotesPPT
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May 2018TranscriptNotesPPT
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Jan 2018Transcript PPT
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Nov 2017Transcript PPT
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Nov 2017TranscriptNotesPPT
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Aug 2017Transcript PPT
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Jun 2017Transcript PPT
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Feb 2017Transcript PPT
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Nov 2016Transcript PPT
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Aug 2016TranscriptNotesPPT
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May 2016TranscriptNotesPPT
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Feb 2016TranscriptNotesPPT
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Nov 2015TranscriptNotesPPT
Revenue Mix
1. Sale of Power (97% in FY25 vs 93% in FY23): The company earns revenue mainly from power sales, based on monthly joint meter readings and agreed rates.
2. REC & Other (3% in FY25 vs 7% in FY23): Company sells REC and generates revenue from generation-based incentives and windmill O&M revenue. [1] [2] [3]