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 ₹ 3,974 Cr.
- Current Price ₹ 2,072
- High / Low ₹ 2,984 / 281
- Stock P/E 72.1
- Book Value ₹ 78.8
- Dividend Yield 0.00 %
- ROCE 154 %
- ROE 152 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 98.6%
- Debtor days have improved from 67.2 to 29.8 days.
- Company's working capital requirements have reduced from 38.1 days to 17.7 days
Cons
- Stock is trading at 26.4 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Sector: Power Infrastructure Industry: Engineering - Turnkey Services
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 | |
|---|---|---|---|---|
| 34 | 101 | 133 | 377 | |
| 30 | 92 | 114 | 301 | |
| Operating Profit | 4 | 9 | 19 | 76 |
| OPM % | 12% | 9% | 14% | 20% |
| 0 | 1 | 1 | 3 | |
| Interest | 0 | 0 | 2 | 3 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 4 | 9 | 17 | 76 |
| Tax % | 26% | 26% | 27% | 27% |
| 3 | 7 | 13 | 55 | |
| EPS in Rs | 9.19 | 11.30 | 18.91 | 28.74 |
| Dividend Payout % | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 124% |
| TTM: | 184% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 169% |
| TTM: | 328% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 510% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 99% |
| Last Year: | 152% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Equity Capital | 3 | 6 | 7 | 19 |
| Reserves | 5 | 12 | 30 | 132 |
| 1 | 8 | 15 | 33 | |
| 21 | 30 | 27 | 115 | |
| Total Liabilities | 30 | 56 | 78 | 298 |
| 0 | 0 | 1 | 2 | |
| CWIP | -0 | -0 | -0 | -0 |
| Investments | 7 | 12 | 31 | 89 |
| 23 | 44 | 46 | 207 | |
| Total Assets | 30 | 56 | 78 | 298 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 2 | 1 | 13 | 14 | |
| -5 | -6 | -20 | -60 | |
| 3 | 5 | 7 | 57 | |
| Net Cash Flow | -0 | -0 | 0 | 12 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 170 | 87 | 85 | |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 170 | 87 | 85 | |
| Working Capital Days | 15 | 46 | 50 | |
| ROCE % | 57% | 51% |
Documents
Announcements
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Updates
9 September 2024 - Oriana Power Limited has informed regarding 'Intimation of receiving new order of 128 MW solar power plant under Open Access Captive Power Plant segment'.
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Updates
7 September 2024 - Oriana Power Limited has informed regarding ' Oriana Power Limited has informed regarding ''.incorporation of wholly owned subsidiary of theCompany in the name of Majestic …
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Notice Of Shareholders Meetings-XBRL
5 September 2024 - ORIANA POWER LIMITED has informed about Notice of Shareholders Meeting for Annual General Meeting to be held on 27-Sep-2024
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Copy of Newspaper Publication
5 September 2024 - Oriana Power Limited has informed about Copy of Newspaper Publication
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Shareholders meeting
4 September 2024 - Oriana Power Limited has informed regarding Notice of Annual General Meeting to be held on September 27, 2024
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.