Orient Green Power Company Ltd

Orient Green Power Company Ltd

₹ 17.0 -0.88%
22 Nov - close price
About

Orient Green Power Company Limited is an Independent Producer of Renewable Power, it is engaged in developing, owning, and operating a diversified portfolio of Wind Energy Power Plants. [1][2]

Key Points

Product and Services
Company is in the business of generating and selling power through wind energy sources. Its wind energy plants are located in Tamilnadu, Karnataka, Gujarat etc. [1]

  • Market Cap 1,989 Cr.
  • Current Price 17.0
  • High / Low 32.0 / 16.6
  • Stock P/E
  • Book Value 10.0
  • Dividend Yield 0.00 %
  • ROCE -0.35 %
  • ROE -0.63 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -2.53%
  • Promoter holding is low: 26.9%
  • Company has a low return on equity of -1.04% over last 3 years.
  • Contingent liabilities of Rs.850 Cr.
  • Promoters have pledged 59.7% of their holding.
  • Debtor days have increased from 56.8 to 119 days.
  • Working capital days have increased from 62.7 days to 148 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
7.82 7.05 7.31 6.75 6.16 5.27 5.25 5.30 5.35 5.49 5.48 6.93 5.52
9.85 8.81 9.07 10.89 8.81 5.23 5.90 7.01 8.02 5.91 7.17 7.43 6.50
Operating Profit -2.03 -1.76 -1.76 -4.14 -2.65 0.04 -0.65 -1.71 -2.67 -0.42 -1.69 -0.50 -0.98
OPM % -25.96% -24.96% -24.08% -61.33% -43.02% 0.76% -12.38% -32.26% -49.91% -7.65% -30.84% -7.22% -17.75%
-0.18 0.27 -0.35 0.07 -0.10 13.15 1.19 0.35 0.34 1.38 0.44 -29.34 0.49
Interest 1.12 0.99 11.70 3.78 3.91 -1.67 -2.28 0.82 0.58 0.30 0.00 0.00 0.00
Depreciation 0.01 0.00 0.01 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.01 0.00 0.00
Profit before tax -3.34 -2.48 -13.82 -7.86 -6.67 14.85 2.82 -2.18 -2.91 0.66 -1.26 -29.84 -0.49
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-3.34 -2.48 -13.82 -7.86 -6.67 14.85 2.82 -2.18 -2.91 0.66 -1.26 -29.84 -0.49
EPS in Rs -0.03 -0.02 -0.12 -0.07 -0.06 0.13 0.02 -0.02 -0.02 0.01 -0.01 -0.25 -0.00
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
41 34 0 0 0 0 1 74 31 30 23 22 23
56 54 20 24 20 118 27 38 38 36 32 28 27
Operating Profit -15 -20 -20 -24 -20 -118 -26 37 -6 -7 -9 -7 -4
OPM % -37% -59% -2,513% 49% -21% -22% -39% -31% -15%
20 -60 -172 -120 -62 28 54 -1 4 -0 16 3 -27
Interest 18 48 45 19 30 42 35 5 5 15 4 2 0
Depreciation 4 8 1 1 0 0 0 1 1 0 0 0 0
Profit before tax -17 -137 -239 -163 -112 -132 -6 29 -8 -22 3 -6 -31
Tax % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
-17 -137 -239 -163 -112 -132 -6 29 -8 -22 3 -6 -31
EPS in Rs -0.23 -1.54 -2.69 -1.41 -0.97 -1.12 -0.06 0.25 -0.07 -0.19 0.03 -0.05 -0.25
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -4%
5 Years: 84%
3 Years: -12%
TTM: 11%
Compounded Profit Growth
10 Years: 7%
5 Years: 3%
3 Years: 10%
TTM: -105%
Stock Price CAGR
10 Years: 1%
5 Years: 57%
3 Years: 35%
1 Year: -20%
Return on Equity
10 Years: -3%
5 Years: 0%
3 Years: -1%
Last Year: -1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 468 568 568 740 740 751 751 751 751 751 751 981 1,173
Reserves 794 557 319 233 120 -9 -15 13 5 -17 -14 -21 3
350 495 389 303 473 359 256 238 283 290 284 82 68
30 54 102 77 121 132 112 103 10 6 4 6 21
Total Liabilities 1,642 1,675 1,378 1,354 1,454 1,233 1,104 1,104 1,049 1,030 1,025 1,048 1,266
62 260 244 136 122 0 0 1 0 0 0 0 0
CWIP 204 0 0 0 0 0 0 0 0 0 0 0 0
Investments 296 997 950 560 777 706 677 668 668 668 668 669 669
1,078 418 184 658 555 527 427 436 381 362 357 378 596
Total Assets 1,642 1,675 1,378 1,354 1,454 1,233 1,104 1,104 1,049 1,030 1,025 1,048 1,266

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-185 -15 -7 -10 7 -60 -8 20 14 -5 -2 -19
-81 -104 144 -75 -161 135 115 4 0 5 4 4
255 118 -133 84 153 -75 -107 -24 -14 -0 -1 32
Net Cash Flow -10 -1 4 -1 -1 -1 -0 0 -0 -0 1 18

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 12 51 186 122 91 30 22 119
Inventory Days
Days Payable
Cash Conversion Cycle 12 51 186 122 91 30 22 119
Working Capital Days -669 -569 8,352 252 110 30 10 148
ROCE % -0% -1% -1% -1% -0% -7% 3% 5% -0% -0% 1% -0%

Shareholding Pattern

Numbers in percentages

3 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
48.06% 34.53% 34.53% 34.53% 32.53% 32.53% 32.48% 32.48% 29.42% 29.42% 29.42% 26.89%
0.00% 0.49% 1.06% 0.98% 0.20% 0.01% 0.00% 0.82% 1.29% 0.48% 0.51% 0.62%
4.96% 4.19% 4.17% 4.17% 3.97% 3.58% 3.58% 2.74% 2.73% 2.73% 2.73% 1.35%
46.98% 60.79% 60.24% 60.33% 63.30% 63.88% 63.95% 63.96% 66.55% 67.36% 67.33% 71.14%
No. of Shareholders 2,09,8984,00,6214,22,8574,23,5324,12,5194,06,7103,94,3214,74,0065,70,6807,37,7507,71,5648,43,329

* 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

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