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 ₹ 3,694 Cr.
- Current Price ₹ 1,926
- High / Low ₹ 2,984 / 305
- Stock P/E 68.1
- Book Value ₹ 76.2
- Dividend Yield 0.00 %
- ROCE 37.5 %
- ROE 61.0 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 58.5%
Cons
- Stock is trading at 25.3 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Working capital days have increased from 60.7 days to 106 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
Sector: Power Infrastructure Industry: Engineering - Turnkey Services
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 | |
---|---|---|---|---|---|
21 | 34 | 124 | 135 | 383 | |
19 | 30 | 112 | 115 | 302 | |
Operating Profit | 2 | 3 | 12 | 19 | 81 |
OPM % | 9% | 10% | 10% | 14% | 21% |
0 | 0 | 1 | 1 | 3 | |
Interest | 0 | 1 | 2 | 3 | 6 |
Depreciation | 0 | 0 | 1 | 1 | 2 |
Profit before tax | 2 | 2 | 11 | 16 | 76 |
Tax % | 55% | 69% | 35% | 34% | 28% |
1 | 1 | 7 | 11 | 54 | |
EPS in Rs | 21.35 | 2.35 | 11.30 | 15.74 | 28.33 |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 125% |
TTM: | 184% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 322% |
TTM: | 414% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 498% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 59% |
Last Year: | 61% |
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 | 42 | 80 | |
Total Liabilities | 13 | 43 | 75 | 144 | 410 |
6 | 19 | 28 | 29 | 135 | |
CWIP | -0 | -0 | -0 | 46 | 52 |
Investments | -0 | 0 | 3 | 6 | 11 |
7 | 24 | 45 | 63 | 212 | |
Total Assets | 13 | 43 | 75 | 144 | 410 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
2 | 1 | 9 | 16 | 3 | |
-6 | -14 | -16 | -41 | -117 | |
4 | 15 | 7 | 27 | 134 | |
Net Cash Flow | 0 | 2 | -0 | 1 | 21 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 76 | 148 | 72 | 99 | 75 |
Inventory Days | |||||
Days Payable | |||||
Cash Conversion Cycle | 76 | 148 | 72 | 99 | 75 |
Working Capital Days | -4 | 9 | 30 | 46 | 106 |
ROCE % | 23% | 38% | 26% | 38% |
Documents
Announcements
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Bagging/Receiving of orders/contracts
16 October 2024 - Oriana Power Limited has informed about Bagging/Receiving of orders/contracts
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
10 October 2024 - Oriana Power Limited has informed regarding Submission of the Compliance Report on Corporate Governance for the Q2 FY 2024-25
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
10 October 2024 - Oriana Power Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018
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General Updates
30 September 2024 - Oriana Power Limited has informed about incorporation of wholly ownedsubsidiary of the Company
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Shareholders meeting
29 September 2024 - Oriana Power Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting 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.