Orient Green Power Company Ltd

₹ 10.0 -0.99%
31 Jan - close price
About

Orient Green Power Company Limited is an Independent Producer of Renewable Power, it is engaged in developing, owning, and operating a diversified portfolio of Wind Energy Power Plants. [1][2]

Key Points

Geographical Split (FY22)
India - 94%
Others - 6% [1]

  • Market Cap 751 Cr.
  • Current Price 10.0
  • High / Low 16.8 / 6.80
  • Stock P/E 33.6
  • Book Value 7.07
  • Dividend Yield 0.00 %
  • ROCE 8.03 %
  • ROE 1.54 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -1.99%
  • The company has delivered a poor sales growth of -3.94% over past five years.
  • Promoter holding is low: 32.5%
  • Company has a low return on equity of -2.73% over last 3 years.
  • Promoters have pledged 99.8% of their holding.
  • Company has high debtors of 189 days.
  • Working capital days have increased from 69.9 days to 129 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

Consolidated Figures in Rs. Crores / View Standalone

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
41.67 53.87 63.76 103.80 51.39 37.80 75.31 115.01 82.53 37.78 77.69 107.82 28.37
21.40 52.17 21.02 26.00 23.94 28.04 21.72 22.09 22.50 22.85 23.97 21.10 19.45
Operating Profit 20.27 1.70 42.74 77.80 27.45 9.76 53.59 92.92 60.03 14.93 53.72 86.72 8.92
OPM % 48.64% 3.16% 67.03% 74.95% 53.42% 25.82% 71.16% 80.79% 72.74% 39.52% 69.15% 80.43% 31.44%
6.64 62.20 1.86 1.20 6.45 4.88 2.86 20.49 -1.33 2.52 3.31 -5.58 47.15
Interest 37.78 37.25 36.57 34.18 32.48 34.93 31.87 31.45 30.21 28.08 27.56 26.57 25.69
Depreciation 28.60 5.96 22.74 23.06 22.84 22.35 22.38 22.31 22.21 21.72 20.71 20.77 20.64
Profit before tax -39.47 20.69 -14.71 21.76 -21.42 -42.64 2.20 59.65 6.28 -32.35 8.76 33.80 9.74
Tax % -0.56% -1.06% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Profit -39.69 20.91 -14.71 21.76 -21.42 -42.64 2.20 59.65 6.28 -32.35 8.76 33.80 9.74
EPS in Rs -0.51 0.30 -0.20 0.28 -0.28 -0.58 0.01 0.82 0.08 -0.45 0.12 0.45 0.13
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
209 251 422 413 340 296 380 357 323 369 257 311 252
120 190 235 225 98 100 106 133 107 123 93 87 87
Operating Profit 89 61 187 188 242 195 274 224 216 246 164 224 164
OPM % 43% 24% 44% 46% 71% 66% 72% 63% 67% 67% 64% 72% 65%
31 32 38 9 -83 -158 -6 42 42 19 8 22 47
Interest 58 108 190 266 262 225 225 211 193 154 138 122 108
Depreciation 42 66 110 143 143 153 137 124 114 92 91 89 84
Profit before tax 19 -80 -75 -212 -245 -341 -93 -69 -49 20 -57 36 20
Tax % 53% -2% -9% 2% 1% 0% -3% -3% -0% 0% 0% 0%
Net Profit 9 -82 -82 -208 -244 -340 -96 -71 -49 20 -57 36 20
EPS in Rs 0.23 -1.48 -1.49 -3.30 -4.10 -4.55 -1.27 -0.97 -0.65 0.31 -0.77 0.47 0.25
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 2%
5 Years: -4%
3 Years: -1%
TTM: -19%
Compounded Profit Growth
10 Years: 8%
5 Years: 16%
3 Years: 29%
TTM: 2617%
Stock Price CAGR
10 Years: -2%
5 Years: -2%
3 Years: 72%
1 Year: -39%
Return on Equity
10 Years: -12%
5 Years: -6%
3 Years: -3%
Last Year: 2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
468 468 468 568 568 740 740 751 751 751 751 751 751
Reserves 790 721 621 488 258 1 -145 -219 -255 -239 -295 -261 -220
810 1,346 1,943 2,227 2,158 2,059 1,960 1,589 1,508 1,354 1,325 1,216 1,176
387 1,022 503 231 281 233 284 252 232 221 113 127 123
Total Liabilities 2,454 3,556 3,536 3,513 3,265 3,033 2,839 2,373 2,236 2,087 1,895 1,832 1,830
899 1,870 2,026 2,920 2,853 2,549 2,345 1,881 1,762 1,731 1,639 1,543 1,500
CWIP 741 951 983 71 8 3 5 6 6 0 0 0 0
Investments 293 0 0 0 0 1 0 0 0 0 2 0 10
521 736 527 521 404 481 488 485 468 357 254 290 320
Total Assets 2,454 3,556 3,536 3,513 3,265 3,033 2,839 2,373 2,236 2,087 1,895 1,832 1,830

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-102 162 -46 192 324 215 306 324 262 265 187 220
-983 -763 -525 -293 -1 -69 23 48 -19 28 61 21
1,226 458 590 61 -323 -143 -331 -371 -243 -294 -243 -246
Net Cash Flow 141 -142 19 -40 1 3 -2 1 0 -1 5 -5

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 73 104 69 90 98 128 112 99 110 106 147 189
Inventory Days
Days Payable
Cash Conversion Cycle 73 104 69 90 98 128 112 99 110 106 147 189
Working Capital Days -617 -1,447 -329 -211 -275 -287 -526 -76 -51 -13 94 129
ROCE % 4% 1% 4% 2% 3% 2% 5% 6% 7% 9% 4% 8%

Shareholding Pattern

Numbers in percentages

8 recently
Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
48.73 48.73 48.73 48.73 48.73 48.73 48.73 48.06 34.53 34.53 34.53 32.53
1.67 1.60 1.60 1.60 1.60 0.00 0.00 0.00 0.49 1.06 0.98 0.20
6.10 6.10 6.10 6.10 6.10 6.10 6.10 4.96 4.19 4.17 4.17 3.97
43.50 43.57 43.57 43.57 43.57 45.17 45.17 46.98 60.79 60.24 60.33 63.30

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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