Orient Green Power Company Ltd
₹ 9.97
0.40%
24 Feb
- close price
- Market Cap ₹ 1,170 Cr.
- Current Price ₹ 9.97
- High / Low ₹ 15.8 / 9.68
- Stock P/E 141
- 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.
- Stock is trading at 0.99 times its book value
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 100.0% of their holding.
- Company has high debtors of 333 days.
- Promoter holding has decreased over last 3 years: -8.15%
- 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.
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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 | 24.69 | |
| 53.91 | 20.03 | 23.53 | 19.65 | 117.75 | 26.65 | 37.66 | 37.94 | 36.37 | 32.46 | 28.28 | 29.56 | 27.84 | |
| 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 | -3.15 |
| OPM % | -58.61% | -2,512.75% | 49.22% | -20.56% | -22.13% | -38.54% | -30.80% | 1.57% | -12.76% | ||||
| -59.83 | -172.50 | -119.52 | -62.19 | 28.12 | 53.87 | -0.99 | 3.99 | -0.08 | 15.94 | 2.68 | -22.00 | -1.93 | |
| 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 | -5.09 |
| 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 | -5.09 | |
| 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 | -0.04 |
| 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: | -18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | -27% |
| 3 Years: | 34% |
| TTM: | 48% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 41% |
| 3 Years: | 13% |
| 1 Year: | -21% |
| 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
18 Feb - Transcript of Investors/ Analysts Call held on February 16,2026.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
16 Feb - Audio recording of Q3 & 9M FY26 unaudited results investor call available on company website (Feb 16, 2026)
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
10 Feb - CRISIL monitoring report: Rs250 crore rights issue utilization as of Dec 31, 2025; no deviations.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
10 Feb - Investors/Analysts call on Feb 16, 2026 at 12:00 Noon for Q3 & 9M FY26 results.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
5 Feb - Newspaper Advertisement - Disclosure under Regulation 30 and Regulation 47 of SEBI (LODR) Regulations, 2015
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
from nse
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Financial Year 2012
from bse
Concalls
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Feb 2026TranscriptPPT
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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 2018TranscriptAI SummaryPPT
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Aug 2018Transcript PPT
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May 2018TranscriptAI SummaryPPT
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May 2018TranscriptAI SummaryPPT
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Jan 2018Transcript PPT
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Nov 2017Transcript PPT
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Nov 2017TranscriptAI SummaryPPT
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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 2016TranscriptAI SummaryPPT
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May 2016TranscriptAI SummaryPPT
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Feb 2016TranscriptAI SummaryPPT
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Nov 2015TranscriptAI SummaryPPT
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]