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.
INDUSTRY
ADDRESS
CONTACT
Power - Generation/Distribution
Bascon Futura SV, 4th Floor, Chennai (Madras) Tamil Nadu 600017
Orient Green Power Company Ltd Profit & Loss Yearly Chart
Orient Green Power Company Ltd Growth
Compounded Sales Growth
10 Years:
-4%
5 Years:
-3%
3 Years:
2%
TTM:
5%
Compounded Profit Growth
10 Years:
8%
5 Years:
22%
3 Years:
35%
TTM:
158%
Stock Price CAGR
10 Years:
5%
5 Years:
44%
3 Years:
93%
1 Year:
78%
Return on Equity
10 Years:
-8%
5 Years:
0%
3 Years:
3%
Last Year:
4%
Last Updated: July 25, 2024, 10:02 am
Orient Green Power Company Ltd Balance Sheet
Last Updated: July 10, 2024, 8:22 pm
Month
Mar 2012
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Sep 2023
Equity Capital
468
468
568
568
740
740
751
751
751
751
751
751
981
Reserves
721
773
488
258
1
-145
-219
-255
-239
-295
-261
-227
-145
Borrowings
1,346
1,943
2,227
2,158
2,059
1,960
1,589
1,508
1,354
1,325
1,238
1,091
845
Other Liabilities
1,022
351
230
281
233
284
252
232
221
113
103
78
79
Total Liabilities
3,556
3,536
3,513
3,265
3,033
2,839
2,373
2,236
2,087
1,895
1,831
1,692
1,760
Fixed Assets
1,870
2,026
2,920
2,853
2,549
2,345
1,881
1,762
1,731
1,639
1,543
1,463
1,425
CWIP
951
983
71
8
3
5
6
6
0
0
0
5
9
Investments
0
0
0
0
1
0
0
0
0
2
0
0
10
Other Assets
736
527
521
404
481
488
485
468
357
254
289
224
315
Total Assets
3,556
3,536
3,513
3,265
3,033
2,839
2,373
2,236
2,087
1,895
1,831
1,692
1,760
Orient Green Power Company Ltd Reserves and Borrowings Chart
Orient Green Power Company Ltd Cash Flow
Month
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Cash from Operating Activity
-46
192
324
215
306
324
262
265
187
220
229
250
Cash from Investing Activity
-525
-293
-1
-69
23
48
-19
28
61
21
3
-2
Cash from Financing Activity
590
61
-323
-143
-331
-371
-243
-294
-243
-246
-229
-189
Net Cash Flow
19
-40
1
3
-2
1
0
-1
5
-5
3
58
Orient Green Power Company Ltd Financial Efficiency Indicators
Month
Mar 2012
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Debtor Days
104
69
90
98
128
112
99
110
106
147
194
159
Inventory Days
Days Payable
Cash Conversion Cycle
104
69
90
98
128
112
99
110
106
147
194
159
Working Capital Days
-1,447
-329
-211
-275
-287
-526
-76
-51
-13
94
133
166
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
Month
Sep 2021
Dec 2021
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Promoters
48.73%
48.06%
34.53%
34.53%
34.53%
32.53%
32.53%
32.48%
32.48%
29.42%
29.42%
29.42%
FIIs
0.00%
0.00%
0.49%
1.06%
0.98%
0.20%
0.01%
0.00%
0.82%
1.29%
0.48%
0.51%
DIIs
6.10%
4.96%
4.19%
4.17%
4.17%
3.97%
3.58%
3.58%
2.74%
2.73%
2.73%
2.73%
Public
45.17%
46.98%
60.79%
60.24%
60.33%
63.30%
63.88%
63.95%
63.96%
66.55%
67.36%
67.33%
No. of Shareholders
1,10,535
2,09,898
4,00,621
4,22,857
4,23,532
4,12,519
4,06,710
3,94,321
4,74,006
5,70,680
7,37,750
7,71,564
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
Month
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
FaceValue
10.00
10.00
10.00
10.00
10.00
Basic EPS (Rs.)
0.41
0.43
0.58
-0.77
0.31
Diluted EPS (Rs.)
0.41
0.43
0.58
-0.77
0.31
Cash EPS (Rs.)
1.23
1.55
1.66
0.45
1.56
Book Value[Excl.RevalReserv]/Share (Rs.)
7.97
6.86
6.39
5.94
6.68
Book Value[Incl.RevalReserv]/Share (Rs.)
7.97
6.86
6.39
5.94
6.68
Revenue From Operations / Share (Rs.)
2.76
3.44
4.14
3.42
4.91
PBDIT / Share (Rs.)
2.00
2.70
3.04
2.26
3.73
PBIT / Share (Rs.)
1.16
1.60
1.86
1.05
2.52
PBT / Share (Rs.)
0.39
0.46
0.62
-0.78
0.47
Net Profit / Share (Rs.)
0.39
0.44
0.47
-0.75
0.26
NP After MI And SOA / Share (Rs.)
0.37
0.46
0.46
-0.76
0.30
PBDIT Margin (%)
72.44
78.56
73.54
66.21
76.00
PBIT Margin (%)
42.05
46.45
45.01
30.77
51.20
PBT Margin (%)
14.27
13.58
14.98
-23.03
9.61
Net Profit Margin (%)
14.17
12.90
11.51
-22.20
5.38
NP After MI And SOA Margin (%)
13.48
13.58
11.26
-22.41
6.25
Return on Networth / Equity (%)
4.63
6.70
7.14
-12.61
4.50
Return on Capital Employeed (%)
7.98
8.08
8.78
4.85
10.25
Return On Assets (%)
2.25
2.07
1.90
-3.03
1.10
Long Term Debt / Equity (X)
0.79
1.81
2.23
2.54
2.41
Total Debt / Equity (X)
0.93
2.05
2.48
2.58
2.46
Asset Turnover Ratio (%)
0.16
0.01
0.02
0.02
0.04
Current Ratio (X)
1.08
1.03
0.98
0.68
0.87
Quick Ratio (X)
1.06
1.01
0.98
0.67
0.87
Interest Coverage Ratio (X)
2.45
1.88
1.88
1.23
1.83
Interest Coverage Ratio (Post Tax) (X)
1.42
1.11
1.15
0.57
1.23
Enterprise Value (Cr.)
2502.49
1731.25
2111.42
1309.22
1348.49
EV / Net Operating Revenue (X)
9.23
6.70
6.80
5.10
3.65
EV / EBITDA (X)
12.75
8.53
9.24
7.70
4.81
MarketCap / Net Operating Revenue (X)
6.80
2.64
2.96
0.61
0.29
Price / BV (X)
2.34
1.30
1.88
0.34
0.21
Price / Net Operating Revenue (X)
6.80
2.64
2.96
0.61
0.29
EarningsYield
0.01
0.05
0.03
-0.36
0.21
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
Fair Value: 26.33
Calculation basis:
Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.
Undervalued: 22.44% compared to the current price 21.5
Intrinsic Value: 29.58
Calculation basis:
Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.
This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.
Undervalued: 37.59% compared to the current price 21.5
Last 5 Year EPS CAGR: 12.37%
*Investments are subject to market risks
Strength and Weakness of Orient Green Power Company Ltd
Strength
Weakness
The stock is trading at a low valuation with an average P/B ratio of 1.64 and average Dividend Yield of 43.10%.
The stock has a low average Working Capital Days of -114.67, which is a positive sign.
The stock has a low average ROCE of 4.83%, which may not be favorable.
The stock has a high average Cash Conversion Cycle of 118.00, which may not be favorable.
The company has higher borrowings (1,600.50) compared to reserves (-26.17), which may suggest financial risk.
The company has not shown consistent growth in sales (327.38) and profit (-83.62).
Should I Buy Orient Green Power Company Ltd?
Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Orient Green Power Company Ltd:
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.
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.
✓ ROE%: 4.63% (Industry Average ROE: 12.43%)
ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
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.
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.
✗ Stock P/E: 72.3 (Industry average Stock P/E: 61.26)
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.
✓ Total Debt / Equity: 0.93
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 is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions. Stock Rating:★★★☆☆
FAQ
What is the latest fair value of Orient Green Power Company Ltd?
The latest fair value of Orient Green Power Company Ltd is ₹26.33.
What is the Market Cap of Orient Green Power Company Ltd?
The Market Cap of Orient Green Power Company Ltd is 2,104 Cr..
What is the current Stock Price of Orient Green Power Company Ltd as on 27 July 2024?
The current stock price of Orient Green Power Company Ltd as on 27 July 2024 is 21.5.
What is the High / Low of Orient Green Power Company Ltd stocks in FY 2024?
In FY 2024, the High / Low of Orient Green Power Company Ltd stocks is 34.6/11.8.
What is the Stock P/E of Orient Green Power Company Ltd?
The Stock P/E of Orient Green Power Company Ltd is 72.3.
What is the Book Value of Orient Green Power Company Ltd?
The Book Value of Orient Green Power Company Ltd is 8.04.
What is the Dividend Yield of Orient Green Power Company Ltd?
The Dividend Yield of Orient Green Power Company Ltd is 0.00 %.
What is the ROCE of Orient Green Power Company Ltd?
The ROCE of Orient Green Power Company Ltd is 6.97 %.
What is the ROE of Orient Green Power Company Ltd?
The ROE of Orient Green Power Company Ltd is 4.44 %.
What is the Face Value of Orient Green Power Company Ltd?
The Face Value of Orient Green Power Company Ltd is 10.0.
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
