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 ₹ 3,335 Cr.
- Current Price ₹ 1,641
- High / Low ₹ 3,064 / 1,500
- Stock P/E 12.6
- Book Value ₹ 387
- Dividend Yield 0.00 %
- ROCE 50.6 %
- ROE 40.4 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 148% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 44.5%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 58.3 days to 83.6 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
Part of Nifty SME Emerge
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 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 34 | 101 | 133 | 377 | 1,019 | 1,789 | |
| 30 | 92 | 115 | 301 | 797 | 1,413 | |
| Operating Profit | 4 | 9 | 18 | 76 | 221 | 376 |
| OPM % | 12% | 9% | 14% | 20% | 22% | 21% |
| 0 | 1 | 1 | 3 | 11 | 31 | |
| Interest | 0 | 0 | 1 | 3 | 10 | 46 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | 4 | 9 | 18 | 76 | 222 | 359 |
| Tax % | 26% | 26% | 30% | 27% | 26% | 27% |
| 3 | 7 | 12 | 55 | 163 | 264 | |
| EPS in Rs | 9.19 | 11.30 | 18.61 | 28.74 | 80.39 | 129.78 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 121% |
| 3 Years: | 138% |
| TTM: | 76% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 148% |
| 3 Years: | 176% |
| TTM: | 61% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -25% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 45% |
| 3 Years: | 45% |
| Last Year: | 40% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 3 | 6 | 7 | 19 | 20 | 20 |
| Reserves | 5 | 12 | 29 | 132 | 500 | 766 |
| 1 | 8 | 15 | 33 | 33 | 261 | |
| 21 | 30 | 27 | 115 | 579 | 1,275 | |
| Total Liabilities | 30 | 56 | 78 | 298 | 1,133 | 2,322 |
| 0 | 0 | 1 | 2 | 3 | 17 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 34 |
| Investments | 7 | 12 | 31 | 89 | 114 | 126 |
| 23 | 44 | 46 | 207 | 1,015 | 2,145 | |
| Total Assets | 30 | 56 | 78 | 298 | 1,133 | 2,322 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 2 | 1 | 13 | 13 | 226 | 229 | |
| -5 | -6 | -15 | -60 | -392 | -404 | |
| 3 | 5 | 8 | 58 | 199 | 191 | |
| Net Cash Flow | -0 | -0 | 6 | 11 | 33 | 16 |
| Free Cash Flow | 2 | 1 | 11 | 12 | 225 | 185 |
| CFO/OP | 74% | 35% | 69% | 31% | 124% | 77% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 170 | 87 | 85 | 84 | 139 | 143 |
| Inventory Days | 11 | |||||
| Days Payable | 57 | |||||
| Cash Conversion Cycle | 170 | 87 | 85 | 84 | 139 | 96 |
| Working Capital Days | 7 | 26 | 7 | 1 | 91 | 84 |
| ROCE % | 57% | 50% | 67% | 63% | 51% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Cumulative Solar Projects Delivered MW |
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| Employee Strength Count |
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| Geographical Presence (States) Count |
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| Land Secured Acres |
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| Solar Project Pipeline MW |
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| Solar Projects Under Execution MW |
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| BESS Capacity Pipeline MWh |
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| BESS Projects Won/Under Execution MWh |
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| Green Ammonia Allocation MTPA |
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Extracted by Screener AI
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
17 June 2026 - Submitted transcript of June 10, 2026 investor meet covering FY26 results, pipeline, Actis deferment, and growth plans.
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Analysts/Institutional Investor Meet/Con. Call Updates
11 June 2026 - Oriana Power submits video recording of its 10 June 2026 analyst/investor meet.
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Analysts/Institutional Investor Meet/Con. Call Updates
10 June 2026 - Submitted audio recording of analyst/investor meet held on 10 June 2026.
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Analysts/Institutional Investor Meet/Con. Call Updates
10 June 2026 - FY26 investor presentation: revenue rose 83.7% to ₹1,813.67 crore, with Actis, BESS and green ammonia updates.
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Analysts/Institutional Investor Meet/Con. Call Updates
6 June 2026 - Oriana Power to hold a virtual analysts/investors meet on 10 June 2026, 1:00–2:00 PM IST.
Annual reports
Concalls
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Jun 2026Transcript PPT REC
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May 2026TranscriptAI SummaryPPT
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Dec 2025Transcript PPT REC
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Nov 2025TranscriptAI SummaryPPT
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Jun 2025Transcript PPT REC
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May 2025TranscriptAI SummaryPPT
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Nov 2024TranscriptAI SummaryPPT
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Aug 2024TranscriptAI SummaryPPT
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Jul 2024TranscriptAI SummaryPPT
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May 2024TranscriptAI SummaryPPT
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Nov 2023TranscriptAI SummaryPPT
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.