Orient Green Power Company Ltd
₹ 10.3
-5.42%
02 Feb
- close price
- Market Cap ₹ 1,212 Cr.
- Current Price ₹ 10.3
- High / Low ₹ 15.8 / 9.68
- Stock P/E 21.7
- 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 1.01 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- 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
Upcoming result date: 4 February 2026
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 | 294 | |
| 225 | 98 | 100 | 106 | 133 | 107 | 107 | 93 | 87 | 87 | 84 | 94 | 108 | |
| Operating Profit | 188 | 242 | 195 | 274 | 224 | 216 | 262 | 164 | 224 | 171 | 175 | 169 | 186 |
| OPM % | 46% | 71% | 66% | 72% | 63% | 67% | 71% | 64% | 72% | 66% | 68% | 64% | 63% |
| 9 | -83 | -158 | -6 | 42 | 42 | 3 | 8 | 22 | 53 | 26 | 30 | 37 | |
| Interest | 266 | 262 | 225 | 225 | 211 | 193 | 154 | 138 | 122 | 108 | 80 | 72 | 65 |
| 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 | 73 |
| 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 | 72 | |
| 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 | 0.60 |
| 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: | 137% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 34% |
| 3 Years: | 10% |
| 1 Year: | -33% |
| 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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Intimation Regarding Expansion Of Installed Capacity Through An EPC Contract With M/S. Renfra Energy India Limited (Formerly Renfra Energy India Private Limited) (Renfra) For Setting Up Of 3 (Three) Wind Turbine Generators (Wtgs) Of 3.3 MW Each, Aggregating To 9.9 MW As Required Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
14m - Gamma (subsidiary) signed Rs.85.05 Cr EPC to install 9.9 MW (3×3.3MW) WTGs in Tamil Nadu by Apr 30, 2026.
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Board Meeting Intimation for Unaudited Standalone And Consolidated Financial Results For The Quarter And Nine Months Ended December 31, 2025 Under Regulation 29 Of The SEBI (LODR) Regulations, 2015
29 Jan - Board meeting Feb 4, 2026 to approve unaudited Q3 and nine-month results.
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Intimation Regarding Contract With M/S. Suzlon Energy Limited For Supply Of 6.3 MW Wind Energy Generators As Required Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
29 Jan - Clarion signed Jan 28, 2026 with Suzlon for 3×2.1MW (6.3MW) turbines worth ~Rs32.87 Crore, delivery by June 30, 2026.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
13 Jan - Certificate under Regulation 74(5) of SEBI(Depositories and Participants) Regulation, 2018 for the Quarter ended December 31, 2025
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Closure of Trading Window
31 Dec 2025 - Trading window closed Jan 1, 2026 until 48 hours after Q3/9M Dec 31, 2025 results publication.
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 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]