Oriana Power Ltd
Incorporated in 2013, Oriana Power Limited is engaged in two main business verticals: providing of EPC and operations of solar power projects, and offering solar energy solutions on a BOOT (build, own, operate, transfer) basis.[1]
- Market Cap ₹ 3,629 Cr.
- Current Price ₹ 1,786
- High / Low ₹ 2,984 / 1,000
- Stock P/E 22.2
- Book Value ₹ 256
- Dividend Yield 0.00 %
- ROCE 63.0 %
- ROE 48.6 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 50.6%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 102 to 139 days.
- Working capital days have increased from 69.9 days to 102 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
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 34 | 101 | 133 | 377 | 1,019 | |
| 30 | 92 | 115 | 301 | 797 | |
| Operating Profit | 4 | 9 | 18 | 76 | 221 |
| OPM % | 12% | 9% | 14% | 20% | 22% |
| 0 | 1 | 1 | 3 | 11 | |
| Interest | 0 | 0 | 1 | 3 | 10 |
| Depreciation | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | 4 | 9 | 18 | 76 | 222 |
| Tax % | 26% | 26% | 30% | 27% | 26% |
| 3 | 7 | 12 | 55 | 163 | |
| EPS in Rs | 9.19 | 11.30 | 18.61 | 28.74 | 80.39 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 116% |
| TTM: | 170% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 186% |
| TTM: | 197% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -19% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 51% |
| Last Year: | 49% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 3 | 6 | 7 | 19 | 20 |
| Reserves | 5 | 12 | 29 | 132 | 500 |
| 1 | 8 | 15 | 33 | 33 | |
| 21 | 30 | 27 | 115 | 579 | |
| Total Liabilities | 30 | 56 | 78 | 298 | 1,133 |
| 0 | 0 | 1 | 2 | 3 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 7 | 12 | 31 | 89 | 114 |
| 23 | 44 | 46 | 207 | 1,015 | |
| Total Assets | 30 | 56 | 78 | 298 | 1,133 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 2 | 1 | 13 | 14 | 226 | |
| -5 | -6 | -15 | -60 | -392 | |
| 3 | 5 | 8 | 57 | 199 | |
| Net Cash Flow | -0 | -0 | 6 | 11 | 33 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 170 | 87 | 85 | 84 | 139 |
| Inventory Days | 10 | ||||
| Days Payable | 88 | ||||
| Cash Conversion Cycle | 170 | 87 | 85 | 84 | 61 |
| Working Capital Days | 15 | 46 | 35 | 73 | 102 |
| ROCE % | 57% | 50% | 67% | 63% |
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
31 May 2025 - Investor conference call scheduled for June 3, 2025, with joining link provided.
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Structural Digital Database
30 May 2025 - Submission of SDD Compliance Certificate for FY ended March 31, 2025 by Oriana Power.
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Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
30 May 2025 - ORIANA POWER LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
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Analysts/Institutional Investor Meet/Con. Call Updates
29 May 2025 - Oriana Power schedules virtual Analysts/Investors meeting on June 3, 2025, 3:30-4:30 PM IST.
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Updates
29 May 2025 - Oriana Power reports FY25 audited results: 2.58x revenue growth, EPS 79.52, and INR 15,500 Cr MoUs secured.
Business Profile[1] Oriana Power offers low-carbon energy solutions, which involve on-site solar project installations i.e., rooftop and ground-mounted systems, and off-site solar farms i.e. Open access.