Oriana Power Ltd

Oriana Power Ltd

₹ 2,388 3.51%
16 Jul - close price
About

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]

Key Points

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.

  • Market Cap 4,582 Cr.
  • Current Price 2,388
  • High / Low 2,984 / 272
  • Stock P/E 84.5
  • Book Value 76.2
  • Dividend Yield 0.00 %
  • ROCE 79.4 %
  • ROE 169 %
  • Face Value 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 110%
  • Debtor days have improved from 48.4 to 19.2 days.
  • Company's working capital requirements have reduced from 29.0 days to 15.0 days

Cons

  • Stock is trading at 31.3 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company might be capitalizing the interest cost

* 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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Half Yearly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2023 Mar 2024
64 319
53 249
Operating Profit 11 69
OPM % 18% 22%
1 2
Interest 3 3
Depreciation 1 1
Profit before tax 9 67
Tax % 33% 28%
6 49
EPS in Rs 2.99 25.35
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
21 34 124 136 383
19 30 112 116 302
Operating Profit 2 3 12 20 81
OPM % 9% 10% 10% 15% 21%
0 0 1 1 3
Interest 0 1 2 4 6
Depreciation 0 0 1 1 2
Profit before tax 2 2 11 16 76
Tax % 55% 69% 35% 31% 28%
1 1 7 11 54
EPS in Rs 21.35 2.35 11.30 16.29 28.33
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 125%
TTM: 181%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 322%
TTM: 390%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 110%
Last Year: 169%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 0 3 6 7 19
Reserves 1 2 9 25 127
4 17 28 71 184
7 22 32 25 80
Total Liabilities 13 43 75 127 410
6 19 28 29 135
CWIP 0 0 0 46 52
Investments 0 0 3 7 11
7 24 45 45 212
Total Assets 13 43 75 127 410

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
2 1 9 17 3
-6 -14 -16 -53 -117
4 15 7 38 134
Net Cash Flow 0 2 -0 1 20

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 76 148 72 54
Inventory Days
Days Payable
Cash Conversion Cycle 76 148 72 54
Working Capital Days -4 9 30 42
ROCE % 23% 38% 27%

Shareholding Pattern

Numbers in percentages

Sep 2023Mar 2024
61.41% 61.41%
2.75% 1.17%
3.95% 1.94%
31.89% 35.48%
No. of Shareholders 1,3024,024

* 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