Oriana Power Ltd

Oriana Power Ltd

₹ 2,478 -1.95%
23 Dec - 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 5,035 Cr.
  • Current Price 2,478
  • High / Low 2,984 / 450
  • Stock P/E 50.9
  • Book Value 202
  • Dividend Yield 0.00 %
  • ROCE 67.0 %
  • ROE 58.9 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 56.0%

Cons

  • Stock is trading at 12.3 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -3.44%
  • Working capital days have increased from 51.3 days to 72.8 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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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2023 Mar 2024 Sep 2024
62 316 351
52 249 281
Operating Profit 9 67 71
OPM % 15% 21% 20%
1 2 3
Interest 1 2 3
Depreciation 0 0 0
Profit before tax 8 67 70
Tax % 0% 30% 26%
8 47 52
EPS in Rs 4.32 24.42 25.63
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
34 101 133 377 667
30 92 115 301 529
Operating Profit 4 9 18 76 138
OPM % 12% 9% 14% 20% 21%
0 1 1 3 5
Interest 0 0 1 3 5
Depreciation 0 0 0 0 0
Profit before tax 4 9 18 76 137
Tax % 26% 26% 30% 27%
3 7 12 55 99
EPS in Rs 9.19 11.30 18.61 28.74 50.05
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 124%
TTM: 184%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 169%
TTM: 341%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 394%
Return on Equity
10 Years: %
5 Years: %
3 Years: 56%
Last Year: 59%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 3 6 7 19 20
Reserves 5 12 29 132 390
1 8 15 33 36
21 30 27 115 393
Total Liabilities 30 56 78 298 839
0 0 1 2 3
CWIP 0 0 0 0 0
Investments 7 12 31 89 194
23 44 46 207 641
Total Assets 30 56 78 298 839

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024
2 1 13 14
-5 -6 -15 -60
3 5 8 57
Net Cash Flow -0 -0 6 11

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 170 87 85 84
Inventory Days
Days Payable
Cash Conversion Cycle 170 87 85 84
Working Capital Days 15 46 35 73
ROCE % 57% 50% 67%

Shareholding Pattern

Numbers in percentages

Sep 2023Mar 2024Sep 2024
61.41% 61.41% 61.41%
2.75% 1.17% 0.19%
3.95% 1.94% 0.00%
31.89% 35.48% 38.40%
No. of Shareholders 1,3024,0249,857

* 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