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Market Cap

₹2.4b

Last Updated

2021/09/17 15:42 UTC

Data Sources

Company Financials

Executive Summary

Orient Green Power Company Limited, an independent renewable energy power producing company, develops, owns, and operates a portfolio of wind energy power plants in India. More Details


Snowflake Analysis

Fair value with mediocre balance sheet.

Share Price & News

How has Orient Green Power's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GREENPOWER is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: GREENPOWER's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

5.0%

GREENPOWER

5.6%

IN Renewable Energy

2.0%

IN Market


1 Year Return

65.8%

GREENPOWER

83.2%

IN Renewable Energy

60.1%

IN Market

Return vs Industry: GREENPOWER underperformed the Indian Renewable Energy industry which returned 83.2% over the past year.

Return vs Market: GREENPOWER exceeded the Indian Market which returned 60.1% over the past year.


Shareholder returns

GREENPOWERIndustryMarket
7 Day5.0%5.6%2.0%
30 Day1.6%11.2%7.8%
90 Day10.5%13.1%13.2%
1 Year65.8%65.8%91.9%83.2%62.4%60.1%
3 Year-56.3%-56.3%42.5%25.5%56.1%48.5%
5 Year-68.2%-68.2%47.9%24.0%97.8%82.8%

Long-Term Price Volatility Vs. Market

How volatile is Orient Green Power's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Orient Green Power undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GREENPOWER (₹3.15) is trading below our estimate of fair value (₹26.1)

Significantly Below Fair Value: GREENPOWER is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: GREENPOWER is unprofitable, so we can't compare its PE Ratio to the Indian Renewable Energy industry average.

PE vs Market: GREENPOWER is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GREENPOWER's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GREENPOWER is good value based on its PB Ratio (0.5x) compared to the IN Renewable Energy industry average (0.9x).


Future Growth

How is Orient Green Power forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.9%

Forecasted Utilities industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Orient Green Power has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Orient Green Power performed over the past 5 years?

33.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GREENPOWER is currently unprofitable.

Growing Profit Margin: GREENPOWER is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GREENPOWER is unprofitable, but has reduced losses over the past 5 years at a rate of 33.3% per year.

Accelerating Growth: Unable to compare GREENPOWER's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GREENPOWER is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-11.2%).


Return on Equity

High ROE: GREENPOWER has a negative Return on Equity (-7.66%), as it is currently unprofitable.


Financial Health

How is Orient Green Power's financial position?


Financial Position Analysis

Short Term Liabilities: GREENPOWER's short term assets (₹1.8B) do not cover its short term liabilities (₹2.7B).

Long Term Liabilities: GREENPOWER's short term assets (₹1.8B) do not cover its long term liabilities (₹11.8B).


Debt to Equity History and Analysis

Debt Level: GREENPOWER's debt to equity ratio (264.1%) is considered high.

Reducing Debt: GREENPOWER's debt to equity ratio has reduced from 274.5% to 264.1% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable GREENPOWER has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: GREENPOWER is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 6.6% per year.


Dividend

What is Orient Green Power current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GREENPOWER's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GREENPOWER's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GREENPOWER's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GREENPOWER's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GREENPOWER's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.0yrs

Average management tenure


CEO

Venkatachalam Ayyar (62 yo)

8yrs

Tenure

₹6,500,020

Compensation

Mr. Venkatachalam Sesha Ayyar has been the Managing Director, Chief Executive Officer and Executive & Non- Independent Director at Orient Green Power Company Limited since September 23, 2013. Mr. Ayyar was...


CEO Compensation Analysis

Compensation vs Market: Venkatachalam's total compensation ($USD88.32K) is above average for companies of similar size in the Indian market ($USD39.46K).

Compensation vs Earnings: Venkatachalam's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: GREENPOWER's management team is seasoned and experienced (8 years average tenure).


Board Members

Experienced Board: GREENPOWER's board of directors are seasoned and experienced ( 11.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Orient Green Power Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Orient Green Power Company Limited
  • Ticker: GREENPOWER
  • Exchange: NSEI
  • Founded: 2006
  • Industry: Renewable Electricity
  • Sector: Utilities
  • Market Cap: ₹2.365b
  • Shares outstanding: 750.72m
  • Website: https://www.orientgreenpower.com

Number of Employees


Location

  • Orient Green Power Company Limited
  • Bascon Futura SV
  • 4th Floor
  • Chennai
  • Tamil Nadu
  • 600017
  • India

Listings


Biography

Orient Green Power Company Limited, an independent renewable energy power producing company, develops, owns, and operates a portfolio of wind energy power plants in India. It has a portfolio of 421 MW of w...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 15:42
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.