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 19.4
- Book Value ₹ 10.2
- Dividend Yield 0.00 %
- ROCE 6.65 %
- ROE 3.84 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.98 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -6.52% over past five years.
- Promoter holding is low: 24.4%
- Tax rate seems low
- Company has a low return on equity of 3.14% over last 3 years.
- Promoters have pledged 100.0% of their holding.
- Promoter holding has decreased over last 3 years: -8.15%
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 413 | 340 | 296 | 380 | 357 | 323 | 369 | 257 | 311 | 258 | 259 | 263 | 296 | |
| 225 | 98 | 100 | 106 | 133 | 107 | 107 | 93 | 87 | 87 | 84 | 94 | 107 | |
| Operating Profit | 188 | 242 | 195 | 274 | 224 | 216 | 262 | 164 | 224 | 171 | 175 | 169 | 189 |
| OPM % | 46% | 71% | 66% | 72% | 63% | 67% | 71% | 64% | 72% | 66% | 68% | 64% | 64% |
| 9 | -83 | -158 | -6 | 42 | 42 | 3 | 8 | 22 | 53 | 26 | 30 | 32 | |
| Interest | 266 | 262 | 225 | 225 | 211 | 193 | 154 | 138 | 122 | 108 | 80 | 72 | 61 |
| Depreciation | 143 | 143 | 153 | 137 | 124 | 114 | 92 | 91 | 89 | 83 | 82 | 84 | 85 |
| Profit before tax | -212 | -245 | -341 | -93 | -69 | -49 | 20 | -57 | 36 | 33 | 39 | 43 | 74 |
| Tax % | -2% | -1% | -0% | 3% | 3% | 0% | 0% | 0% | 0% | 0% | 1% | 3% | |
| -208 | -244 | -340 | -96 | -71 | -49 | 20 | -57 | 36 | 33 | 38 | 42 | 73 | |
| EPS in Rs | -2.11 | -2.62 | -2.91 | -0.81 | -0.62 | -0.42 | 0.20 | -0.49 | 0.30 | 0.28 | 0.31 | 0.33 | 0.61 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | -7% |
| 3 Years: | -5% |
| TTM: | 16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 11% |
| 3 Years: | 73% |
| TTM: | 161% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 41% |
| 3 Years: | 13% |
| 1 Year: | -21% |
| Return on Equity | |
|---|---|
| 10 Years: | -6% |
| 5 Years: | 0% |
| 3 Years: | 3% |
| Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 568 | 740 | 740 | 751 | 751 | 751 | 751 | 751 | 751 | 981 | 1,173 | 1,173 |
| Reserves | 488 | 258 | 1 | -145 | -219 | -255 | -239 | -295 | -261 | -227 | -193 | -98 | 18 |
| 2,227 | 2,158 | 2,059 | 1,960 | 1,589 | 1,508 | 1,353 | 1,327 | 1,238 | 1,091 | 754 | 552 | 490 | |
| 230 | 281 | 233 | 284 | 252 | 232 | 222 | 111 | 103 | 78 | 76 | 34 | 41 | |
| Total Liabilities | 3,513 | 3,265 | 3,033 | 2,839 | 2,373 | 2,236 | 2,087 | 1,895 | 1,831 | 1,692 | 1,618 | 1,662 | 1,721 |
| 2,920 | 2,853 | 2,549 | 2,345 | 1,881 | 1,762 | 1,731 | 1,639 | 1,543 | 1,463 | 1,393 | 1,331 | 1,308 | |
| CWIP | 71 | 8 | 3 | 5 | 6 | 6 | 0 | 0 | 0 | 5 | 11 | 10 | 8 |
| Investments | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 14 | 14 |
| 521 | 404 | 481 | 488 | 485 | 468 | 356 | 254 | 289 | 224 | 214 | 307 | 391 | |
| Total Assets | 3,513 | 3,265 | 3,033 | 2,839 | 2,373 | 2,236 | 2,087 | 1,895 | 1,831 | 1,692 | 1,618 | 1,662 | 1,721 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 192 | 324 | 215 | 306 | 324 | 262 | 267 | 187 | 220 | 229 | 250 | 169 | |
| -293 | -1 | -69 | 23 | 48 | -19 | 25 | 61 | 21 | 3 | -2 | -153 | |
| 61 | -323 | -143 | -331 | -371 | -243 | -294 | -243 | -246 | -229 | -189 | -56 | |
| Net Cash Flow | -40 | 1 | 3 | -2 | 1 | 0 | -1 | 5 | -5 | 3 | 58 | -40 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 90 | 98 | 128 | 112 | 99 | 110 | 106 | 147 | 194 | 159 | 114 | 112 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 90 | 98 | 128 | 112 | 99 | 110 | 106 | 147 | 194 | 159 | 114 | 112 |
| Working Capital Days | -270 | -333 | -387 | -596 | -94 | -79 | -38 | -146 | -18 | -8 | 1 | 11 |
| ROCE % | 2% | 3% | 2% | 5% | 6% | 7% | 10% | 4% | 8% | 7% | 6% | 7% |
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
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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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
from bse
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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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]