MoneyWorks4Me

Orient Green Power Company Ltd (GREENPOWER)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533263 NSE: GREENPOWER Power Generation/Distribution | Small Cap | Orient Green Power Share Price

₹9.36 -0.01 (-0.11%)

As on 11-Sep'26 16:01

Orient Green Power Company Ltd (GREENPOWER)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533263 NSE: GREENPOWER Power Generation/Distribution | Small Cap | Orient Green Power Share Price

₹9.36 -0.01 (-0.11%)

As on 11-Sep'26 16:01

Key Metrics
Valuation Multiples
Market Cap
₹1,120 Cr.
Current Price
₹9.4
52-Week Low / High
₹8 / 15
TTM EPS
₹0.5
TTM Sales
₹287 Cr.
Book Value per Share
₹10
P/E Ratio
17.52
Lower than its 3-year historical median
Industry PE
26.5
Price to Book (P/B)
0.93
Lower than its 5-year historical median
Price to Sales (P/S)
3.90
Lower than its 5-year historical median
EV/EBITDA
7.50
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
6.45%
Outperforms industry median
Return on Capital Employed (ROCE)
7.94%
Outperforms industry median
Return on Assets (ROA)
4.24%
Operating Profit Margin
61.5%
Net Profit Margin
24.54%
Gross Profit Margin
50.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-16.35%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
7.04%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
113.13%
Asset Quality
Promoter Holding
24.38%
Pledged shares (%) of Promoter's holding (%)
99.99%
Reserves
₹3 Cr.
Equity
₹1,195 Cr.
Face Value
₹10
All Time Low / High
₹1.02 / 40.30

Orient Green Power Company stock performance

Key Ratios
mw4me loader

Check Before You Invest

Quality

Somewhat Good

Valuation

Fair

Price Trend

Weak
Q.1 Is Orient Green Power Company Ltd a good quality company?
Orient Green Power Company Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Orient Green Power Company Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Orient Green Power Company Ltd vs industry peers?
Orient Green Power Company Ltd revenue CAGR is -3.14%, compared to the industry median CAGR of 0%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Orient Green Power Company Ltd?
Promoters hold 24.38% of the Orient Green Power Company Ltd, with 99.99% of their stake pledged, indicating high pledge risk.
Q.1 Stock return of Orient Green Power Company Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 1.1% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Orient Green Power Company Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % -6.3%-6.1%2.9%3.9%-0.2%-0.5%0.6%-0.4%0.7%0%-
Value Creation
Index
-1.5-1.4-0.8-0.7-1.0-1.0-1.0-1.0-1.0NA-

Growth Parameters

Sales 00128.429.529.823.421.63025.126
Sales YoY Gr.-NANA2,683.3%3.8%1.1%-21.3%-7.7%38.9%-16.4%-
Adj EPS -1.3-0.9-00.4-0.1-0.20-0.10.10-0
YoY Gr.-NANANA-123.7%NANA-350%NA-71.4%-
BVPS (₹) 9.98.48.48.78.68.38.49.110.11010.1
Adj Net
Profit
-111-75.6-3.633.3-8.3-19.51.7-5.68.12.6-2
Cash Flow from Ops. 6.5-60.5-819.913.7-5.5-1.8-18.9-15-15.2-
Debt/CF from Ops. 72.4-5.9-32.11220.6-53.2-158.4-4.4-3.9-3.4-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NA-3.1%2.4%-16.4%
Adj EPS NANA0%-71.4%
BVPS0.1%3.2%6.3%-0.6%
Share Price 1% 29.6% -11.2% -32.7%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
-12.1-9.4-0.54.5-1.1-2.60.2-0.70.80.2-0.2
Op. Profit
Mgn %
00-1934.6-35.5-28.7-20.8-38.5-30.81.6-33.7-29.8
Net Profit
Mgn %
00-356.9117.4-28.1-65.67.2-25.72710.5-9.4
Debt to
Equity
0.60.50.40.30.40.40.40.10.10-
Working Cap
Days
001,70,5235,5435,0564,5465,5756,0114,8256,765776
Cash Conv.
Cycle
0015765119371447188338745

Valuation of Orient Green Power - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *99.9299.9259.693.503.503.5099.9999.9999.9999.99
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales448387323327255311258259260293
Operating Expenses + 1681311061189387898592113
Manufacturing Costs78675256525353525457
Material Costs0000000000
Employee Cost 23171413121113141517
Other Costs 67464050282323192338
Operating Profit 281256218209162224170175168180
Operating Profit Margin (%) 62.6%66.2%67.3%63.8%63.6%72.1%65.7%67.4%64.6%61.5%
Other Income + 134647648533101925
Exceptional Items 480028282316210
Interest 268235200163138122108807257
Depreciation 16913711492918983828486
Profit Before Tax -95-69-4920-514735393472
Tax 12000000-01
Profit After Tax -96-71-4920-514735383472
PAT Margin (%) -21.4%-18.5%-15.1%6.1%-19.9%15.0%13.6%14.8%13.0%24.5%
Adjusted EPS (₹)-1.1-0.8-0.60.3-0.70.40.40.30.30.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 5955324965124564895247881,0751,152
Share Capital 7407517517517517517519811,1731,173
Reserves -145-219-255-239-295-261-227-193-98-21
Debt +1,3861,4991,3931,2581,1781,112971630433412
Long Term Debt1,3131,4811,3671,2331,1561,090949630433412
Short Term Debt73182625222222000
Minority Interest26-7-11-10-9-9-7-42
Trade Payables732330282119128710
Others Liabilities 783313325300249221194198150155
Total Liabilities 2,8392,3732,2362,0871,8951,8311,6921,6181,6621,732

Fixed Assets

Net Fixed Assets +2,3451,8811,7621,7311,6391,5431,4631,3931,3291,365
Gross Block2,7632,2762,2662,3252,3252,2942,3012,3072,2392,377
Accumulated Depreciation4183955035946877528389149101,012
CWIP 5660005111079
Investments 00002000142
Inventories15332225467
Trade Receivables1179697107103165113818181
Cash Equivalents 141610816131273171126
Others Assets 34237035823913210994565272
Total Assets 2,8392,3732,2362,0871,8951,8311,6921,6181,6621,732
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 306324262265187220229250169195
PBT -96-71-4920-573633394372
Adjustment 390353284262240195141152138123
Changes in Working Capital 104426-174-105260-130
Tax Paid 1-2011-03-1-1-0
Cash Flow From Investing Activity + 2348-192861223-2-153-97
Capex -1381-021420-31-9-193
Net Investments 606-0-4063-15278
Others 30-33-24265120-6818
Cash Flow From Financing Activity + -331-371-243-294-243-246-229-189-56-64
Net Proceeds from Shares 014000002302504
Net Proceeds from Borrowing -91-171-88-143-127-128-125-288-209-26
Interest Paid -232-192-162-149-112-117-104-77-69-46
Dividend Paid 0000000000
Others -8-228-2-5-1-0-54-285
Net Cash Flow -210-15-4258-4034
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)-14.36-12.69-9.473.94-10.479.856.935.853.626.45
ROCE (%)6.477.097.339.444.89.658.77.616.737.94
Asset Turnover Ratio0.150.150.140.150.130.170.150.160.160.17
PAT to CFO Conversion(x)N/AN/AN/A13.25N/A4.686.546.584.972.71
Working Capital Days
Receivable Days89.70100.50109.30114.10151157.80196.50136.50113.50100.60
Inventory Days11.708.5032.502.702.104.405.906.908.10
Payable Days0000000000

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Orient Green Power Company Ltd FAQs

The current trading price of Orient Green Power on 11-Sep-2026 16:01 is ₹9.36.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 10-Sep-2026 the market cap of Orient Green Power stood at ₹1,119.7 Cr

The latest P/E ratio of Orient Green Power as of 10-Sep-2026 is 0.00.

The latest P/B ratio of Orient Green Power as of 10-Sep-2026 is 0.93.

The 52-week high of Orient Green Power is ₹14.76 and the 52-week low is ₹7.99.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Orient Green Power is ₹25.51 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Orient Green Power Company Ltd is a average quality company.

The key valuation ratios of Orient Green Power Company Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Orient Green Power Company Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Orient Green Power Company Ltd

Orient Green Power Company was incorporated under the Companies Act on December 6, 2006 in Chennai, Tamil Nadu. It was granted the certificate for commencement of business on January 8, 2007 by the RoC. There has been no change in the activities being carried out by the company since its incorporation. The company is not operating under any injunction or restraining order.

The company has grown its business by acquiring operating and development renewable energy assets from third parties and by developing greenfield projects. The company has the ability to identify assets where it can improve performance, acquire them at beneficial rates and improve operating performance. It has a diverse customer base with a mixture of off-take arrangements. The company’s customers include SEBs, distribution companies, private commercial and industrial consumers and a power trading company.

The company enters into PPAs with varying pricing arrangements depending on the type of customer, available tariffs, location and term of PPA. As a result of its renewable energy focus, it is able to avail of long-term contracted renewable energy tariff rates that, in general, are higher than long-term contracted tariffs for conventional energy and other incentives aimed at encouraging the renewable energy industry.

Business area of the company

The company is a leading Indian independent renewable energy-based power generation company focused on developing, owning and operating a diversified portfolio of renewable energy power plants. It is the largest independent operator and developer of renewable energy power plants in India based on aggregate installed capacity according to the CRISIL Report dated as of March, 2010. Currently the company’s portfolio includes biomass, biogas, wind energy and small hydroelectric projects at various stages of development.

Wind Energy Business

The company is one of the top two independent operators and developers of wind farms in India based on aggregate installed capacity according to the CRISIL Report. The wind energy business focuses on the development and operation of wind farms in India, Europe and South Asia. The company’s currently operating wind farms are located in the states of Tamil Nadu and Andhra Pradesh, which are among the top four Indian states with the highest wind potential according to the CRISIL Report and which have favorable incentives for renewable energy companies. The company is currently expanding its presence in Tamil Nadu and developing projects in other locations in India, including the states of Gujarat and Maharashtra, and also internationally, including in Sri Lanka, Croatia, the Czech Republic and Hungary. As at July 31, 2010, its total wind portfolio including operating, committed and development projects was comprised of an estimated aggregate capacity of 815.53 MW. Its wind energy business is housed in its Subsidiaries BWFPL and GGPL.

Biomass Power Business

The company’s biomass power business focuses primarily on the development and operation of multi-fuel biomass-based power plants that generate electricity from agri-residues and waste from agriculture crops, forestry and related industries, such as rice, mustard and soya bean husks, straw, cotton and maize stalks, coconut and ground nut shells, wood chips, poultry litter, and bagasse. The company target regions with sufficient availability of biomass, favorable incentives for renewable energy companies, attractive tariff structures and a shortage of electricity supply. It currently operates five biomass plants and one biogas plant with an aggregate installed capacity of 40.5 MW in Tamil Nadu, Maharashtra and Rajasthan. It also currently has biomass power projects in the committed and development stages in the states of Andhra Pradesh, Gujarat, Madhya Pradesh, Punjab and West Bengal in addition to expanding its presence in Maharashtra, Tamil Nadu and Rajasthan.

Other Businesses

The company is developing its capabilities in a small hydroelectric power plant that would serve small communities or industrial and commercial consumers. The company is currently co-developing a 15.0 MW mini-hydroelectric power project in Orissa through its 51% ownership in a joint venture company. It is also evaluating opportunities in solar and other renewable sources including waste-to-energy.

Subsidiaries of the company

  • Amrit Environmental Technologies Private Limited
  • Beta Wind Farm Private Limited
  • Bharath Wind Farm Limited
  • Clarion Wind Farm Private Limited
  • Gamma Green Power Limited
  • Gayatri Green Power Limited
  • Global Powertech Equipments Limited
  • Orient Biopower Limited
  • Orient ECO Energy Limited
  • Orient Green Power Company (Rajasthan) Private Limited
  • Orient Green Power Europe BV
  • Pallavi Power and Mines Limited
  • PSR Green Power Projects Private Limited
  • Sanjog Sugars & Eco Power Private Limited
  • Shriram Non-Conventional Energy Limited
  • Shriram Powergen Limited
  • SM Environmental Technologies Private Limited
  • Vjetroelektrana Crno Brdo doo

Group Companies

  • Haldia Coke and Chemicals Private Limited
  • Hamon Shriram Cottrell Private Limited
  • Leitner Shriram Manufacturing Limited
  • Shriram SEPL Composites Private Limited
  • Blackstone Group Technologies India Private Limited

Milestone

  • September 28, 2007: Investment by Bessemer Venture Partners Trust
  • February 29, 2008: Investment by Orient Green Power Pte. Limited, Singapore
  • April 3, 2008: Acquisition of Amrit Environmental Technologies Private Limited
  • December 8, 2008: Investment by Orient Green Power Pte. Limited, Singapore
  • January 29, 2009: Investment by Orient Green Power Pte. Limited, Singapore
  • December 23, 2009: Investment by Shriram EPC Limited, Bessemer India Capital Holding II Ltd and AEP Investment (Mauritius) Limited
  • December 28, 2009: Acquisition of Shriram Powergen Limited by way of share purchase agreement
  • January 25, 2010: Acquisition of 50.25% of shares of Bharath Wind Farm Limited
  • January 29, 2010: Acquisition of remaining 49.75% of shares of Bharath Wind Farm Limited by way of gift from Orient Green Power Pte. Limited, Singapore
You have 49 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now