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 ₹ 2,463 Cr.
- Current Price ₹ 1,212
- High / Low ₹ 3,064 / 1,180
- Stock P/E 9.79
- Book Value ₹ 376
- Dividend Yield 0.00 %
- ROCE 39.6 %
- ROE 39.6 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 223% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 44.2%
Cons
- 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
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Part of Nifty SME Emerge
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 21 | 34 | 124 | 135 | 383 | 987 | 1,814 | |
| 19 | 30 | 112 | 115 | 302 | 753 | 1,416 | |
| Operating Profit | 2 | 3 | 12 | 19 | 81 | 235 | 398 |
| OPM % | 9% | 10% | 10% | 14% | 21% | 24% | 22% |
| 0 | 0 | 1 | 1 | 3 | 11 | 27 | |
| Interest | 0 | 1 | 2 | 3 | 6 | 25 | 63 |
| Depreciation | 0 | 0 | 1 | 1 | 2 | 8 | 16 |
| Profit before tax | 2 | 2 | 11 | 16 | 76 | 212 | 347 |
| Tax % | 55% | 69% | 35% | 34% | 28% | 25% | 27% |
| 1 | 1 | 7 | 11 | 54 | 159 | 252 | |
| EPS in Rs | 21.35 | 2.35 | 11.30 | 15.74 | 28.33 | 78.03 | 124.19 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 122% |
| 3 Years: | 138% |
| TTM: | 84% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 223% |
| 3 Years: | 188% |
| TTM: | 59% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 62% |
| 1 Year: | -47% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 44% |
| 3 Years: | 44% |
| Last Year: | 40% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.37 | 3 | 6 | 7 | 19 | 20 | 20 |
| Reserves | 1 | 2 | 9 | 25 | 127 | 489 | 743 |
| 4 | 17 | 28 | 71 | 184 | 271 | 509 | |
| 7 | 22 | 32 | 42 | 80 | 583 | 1,291 | |
| Total Liabilities | 13 | 43 | 75 | 144 | 410 | 1,363 | 2,563 |
| 6 | 19 | 28 | 29 | 135 | 269 | 313 | |
| CWIP | 0 | 0 | 0 | 46 | 52 | 50 | 146 |
| Investments | 0 | 0 | 3 | 6 | 11 | 11 | 16 |
| 7 | 24 | 45 | 63 | 212 | 1,033 | 2,087 | |
| Total Assets | 13 | 43 | 75 | 144 | 410 | 1,363 | 2,563 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 2 | 1 | 9 | 16 | 2 | 290 | 337 | |
| -6 | -14 | -16 | -41 | -117 | -522 | -506 | |
| 4 | 15 | 7 | 27 | 135 | 270 | 185 | |
| Net Cash Flow | 0 | 2 | -0 | 1 | 21 | 38 | 16 |
| Free Cash Flow | -4 | -13 | -1 | -32 | -111 | 150 | 184 |
| CFO/OP | 80% | 16% | 90% | 81% | 10% | 144% | 100% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 76 | 148 | 72 | 99 | 75 | 146 | 135 |
| Inventory Days | 11 | ||||||
| Days Payable | 58 | ||||||
| Cash Conversion Cycle | 76 | 148 | 72 | 99 | 75 | 146 | 89 |
| Working Capital Days | -8 | -7 | 9 | 7 | 10 | 81 | 59 |
| ROCE % | 23% | 38% | 26% | 38% | 42% | 40% |
Insights
In beta| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Cumulative Solar Projects Delivered MWp |
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| Land Bank Acres |
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| Order Book INR Crore |
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| Solar Capacity Under Execution MWp |
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| BESS Capacity Pipeline MWh |
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| BESS Projects Under Execution MWh |
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| Green Ammonia Capacity Allocated MTPA |
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| Solar Capacity Pipeline MWp |
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Extracted by Screener AI
Documents
Announcements
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General Updates
- Oriana Power Limited has informed about EPC Contract
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Shareholders meeting
- Shareholders approved stock split, MOA alteration, and higher borrowing limits via postal ballot.
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General Updates
- Oriana Power incorporated wholly owned subsidiary TRUERE PRITHVI RENEWABLES PRIVATE LIMITED on August 5, 2026.
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General Updates
- Oriana Power signs MoU with Maharashtra for ₹4,500 crore integrated green hydrogen project on 5 August 2026.
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General Updates
- Oriana Power incorporated TRUERE SURYAGRID ENERGY PRIVATE LIMITED as wholly owned subsidiary on August 4, 2026.
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.