Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 24 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Orient Green Power Company Ltd

About the Company - Orient Green Power Company Ltd

Orient Green Power Company Ltd. is a Public Limited Listed company incorporated on 06/12/2006 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L40108TN2006PLC061665 and registration number is 061665. Currently Company is involved in the business activities of Repair and maintenance of engines and turbines excluding aircraft, vehicle and cycle engines. Company’s Total Operating Revenue is Rs. 29.78 Cr. and Equity Capital is Rs. 750.72 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Power - Generation/DistributionBascon Futura SV, 4th Floor, Chennai (Madras) Tamil Nadu 600017complianceofficer@orientgreenpower.com
http://www.orientgreenpower.com
Management
NamePosition Held
Mr. K S SripathiChairman
Mr. T ShivaramanManaging Director & CEO
Ms. Chandra RameshDirector
Mr. P Krishna KumarDirector
Mr. R GanapathiDirector
Mr. R SundararajanDirector
Ms. Sannovanda Swathi MachaiahDirector

Orient Green Power Company Ltd. Share Price Update

Share PriceValue
Today₹26.90
Previous Day₹28.31

Basic Stock Data of Orient Green Power Company Ltd

Market Cap 2,329 Cr.
Current Price 23.8
High / Low34.6/7.09
Stock P/E80.0
Book Value 8.52
Dividend Yield0.00 %
ROCE7.19 %
ROE1.82 %
Face Value 10.0

Data Source: screener.in

Competitors of Orient Green Power Company Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Rattanindia Power Ltd 5,531 Cr. 10.312.3/2.80 10.60.00 %8.62 %% 10.0
Adani Power Ltd 2,13,674 Cr. 554589/1329.17 1050.00 %15.8 %44.8 % 10.0
KKV Agro Powers Ltd 68.0 Cr. 1,2001,201/54354.9 3820.42 %12.2 %5.89 % 10.0
SJVN Ltd 47,216 Cr. 120170/30.452.8 36.51.49 %9.27 %10.3 % 10.0
Jaiprakash Power Ventures Ltd 13,330 Cr. 19.424.0/5.1527.3 15.60.00 %5.16 %0.57 % 10.0
Industry Average27 Cr140.9428.83109.940.38%10.21%12.31%10

NHPC Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales104513875115833878108284479122
Expenses26242822222221242119232122
Operating Profit78271054936017548792258100
OPM %75%53%26%71%81%73%44%69%80%31%49%74%82%
Other Income165320-113-6479-715
Interest34323532313028282726282120
Depreciation23232222222222212121212121
Profit before tax22-21-432606-3293410-19975
Tax %0%0%0%0%0%0%0%0%0%0%0%0%0%
Net Profit22-21-432606-3293410-19975
EPS in Rs0.22-0.21-0.440.010.630.06-0.340.090.350.10-0.210.090.76

Orient Green Power Company Ltd Quarterly Chart

Orient Green Power Company Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales251422413340296380357323369257311258274
Expenses1902352259810010613310712393878785
Operating Profit61187188242195274224216246164224171189
OPM %24%44%46%71%66%72%63%67%67%64%72%66%69%
Other Income32389-83-158-64242198225364
Interest10819026626222522521119315413812210895
Depreciation661101431431531371241149291898383
Profit before tax-80-75-212-245-341-93-69-4920-57363375
Tax %-2%-9%2%1%0%-3%-3%-0%0%0%0%0%
Net Profit-82-82-208-244-340-96-71-4920-57363375
EPS in Rs-1.13-1.14-2.53-3.14-3.48-0.97-0.75-0.500.24-0.590.360.330.74
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Orient Green Power Company Ltd Profit & Loss Yearly Chart

Adani Power Ltd Growth

Compounded Sales Growth
10 Years:-5%
5 Years:-6%
3 Years:-11%
TTM:11%
Compounded Profit Growth
10 Years:8%
5 Years:16%
3 Years:-20%
TTM:340%
Stock Price CAGR
10 Years:11%
5 Years:54%
3 Years:131%
1 Year:217%
Return on Equity
10 Years:-11%
5 Years:-3%
3 Years:-3%
Last Year:2%

Orient Green Power Company Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital468468568568740740751751751751751751981
Reserves7217734882581-145-219-255-239-295-261-227-145
Borrowings1,3461,9432,2272,1582,0591,9601,5891,5081,3541,3251,2381,091845
Other Liabilities1,0223512302812332842522322211131037879
Total Liabilities3,5563,5363,5133,2653,0332,8392,3732,2362,0871,8951,8311,6921,760
Fixed Assets1,8702,0262,9202,8532,5492,3451,8811,7621,7311,6391,5431,4631,425
CWIP951983718356600059
Investments00001000020010
Other Assets736527521404481488485468357254289224315
Total Assets3,5563,5363,5133,2653,0332,8392,3732,2362,0871,8951,8311,6921,760

Orient Green Power Company Ltd Reserves and Borrowings Chart

Orient Green Power Company Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 162-46192324215306324262265187220229
Cash from Investing Activity -763-525-293-1-692348-192861213
Cash from Financing Activity 45859061-323-143-331-371-243-294-243-246-229
Net Cash Flow-14219-4013-210-15-53

Orient Green Power Company Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days10469909812811299110106147194159
Inventory Days
Days Payable
Cash Conversion Cycle10469909812811299110106147194159
Working Capital Days-1,447-329-211-275-287-526-76-51-1394133166
ROCE %1%4%2%3%2%5%6%7%9%4%8%7%

Orient Green Power Company Ltd Financial Efficiency Indicators Chart

Orient Green Power Company Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters48.73%48.73%48.73%48.73%48.06%34.53%34.53%34.53%32.53%32.53%32.48%32.48%
FIIs1.60%1.60%0.00%0.00%0.00%0.49%1.06%0.98%0.20%0.01%0.00%0.82%
DIIs6.10%6.10%6.10%6.10%4.96%4.19%4.17%4.17%3.97%3.58%3.58%2.74%
Public43.57%43.57%45.17%45.17%46.98%60.79%60.24%60.33%63.30%63.88%63.95%63.96%
No. of Shareholders56,82265,66383,0041,10,5352,09,8984,00,6214,22,8574,23,5324,12,5194,06,7103,94,3214,74,006

Orient Green Power Company Ltd Shareholding Pattern Chart

No. of Orient Green Power Company Ltd Shareholders

This stock is not held by any mutual fund

Orient Green Power Company Ltd ROCE Trend

Orient Green Power Company Ltd EPS Trend

Orient Green Power Company Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)0.430.58-0.770.31-0.65
Diluted EPS (Rs.)0.430.58-0.770.31-0.65
Cash EPS (Rs.)1.551.660.451.560.86
Book Value[Excl.RevalReserv]/Share (Rs.)6.866.395.946.686.51
Book Value[Incl.RevalReserv]/Share (Rs.)6.866.395.946.686.51
Revenue From Operations / Share (Rs.)3.444.143.424.914.73
PBDIT / Share (Rs.)2.703.042.263.733.64
PBIT / Share (Rs.)1.601.861.052.522.13
PBT / Share (Rs.)0.460.62-0.780.47-0.44
Net Profit / Share (Rs.)0.440.47-0.750.26-0.64
NP After MI And SOA / Share (Rs.)0.460.46-0.760.30-0.65
PBDIT Margin (%)78.5673.5466.2176.0077.00
PBIT Margin (%)46.4545.0130.7751.2044.97
PBT Margin (%)13.5814.98-23.039.61-9.30
Net Profit Margin (%)12.9011.51-22.205.38-13.69
NP After MI And SOA Margin (%)13.5811.26-22.416.25-13.76
Return on Networth / Equity (%)6.707.14-12.614.50-9.86
Return on Capital Employeed (%)8.088.784.8510.258.22
Return On Assets (%)2.071.90-3.031.10-2.18
Long Term Debt / Equity (X)1.812.232.542.412.76
Total Debt / Equity (X)2.052.482.582.462.81
Asset Turnover Ratio (%)0.010.020.020.040.01
Current Ratio (X)1.030.980.680.870.79
Quick Ratio (X)1.010.980.670.870.78
Interest Coverage Ratio (X)1.881.881.231.831.42
Interest Coverage Ratio (Post Tax) (X)1.111.150.571.230.82
Enterprise Value (Cr.)1731.252111.421309.221348.491697.79
EV / Net Operating Revenue (X)6.706.805.103.654.78
EV / EBITDA (X)8.539.247.704.816.21
MarketCap / Net Operating Revenue (X)2.642.960.610.290.90
Price / BV (X)1.301.880.340.210.65
Price / Net Operating Revenue (X)2.642.960.610.290.90
EarningsYield0.050.03-0.360.21-0.15

Orient Green Power Company Ltd Profitability Ratios (%)

Orient Green Power Company Ltd Liquidity Ratios

Orient Green Power Company Ltd Liquidity Ratios (%)

Orient Green Power Company Ltd Interest Coverage Ratios (%)

Orient Green Power Company Ltd Valuation Ratios

Fair Value / Intrinsic Value of Orient Green Power Company Ltd

Fair Value: ₹12.65

The stock is overvalued by 46.84% compared to the current price ₹23.8

*Investments are subject to market risks

Strength and Weakness of Orient Green Power Company Ltd

StrengthWeakness
  1. The stock is trading at a low valuation with an average P/B ratio of 1.83 and average Dividend Yield of 43.68%.
  2. The stock has a low average Working Capital Days of -114.67, which is a positive sign.
  1. The stock has a low average ROCE of 4.83%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 118.00, which may not be favorable.
  3. The company has higher borrowings (1,587.92) compared to reserves (35.00), which may suggest financial risk.
  4. The company has not shown consistent growth in sales (327.00) and profit (-81.31).

Should I Buy Adani Power Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Orient Green Power Company Ltd:
    1. Net Profit Margin: 12.90%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 8.08% (Industry Average ROCE: 8.77%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. Interest Coverage Ratio (Post Tax): 1.11
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    4. Quick Ratio: 1.01
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    5. ✗ Stock P/E: 86.2 (Industry average Stock P/E: 31.38)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    6. ✗ Total Debt / Equity: 2.05
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Orient Green Power Company Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE