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.
Fair value with imperfect 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's share price has been volatile over the past 3 months.
7 Day Return
IN Renewable Energy
1 Year Return
IN Renewable Energy
Return vs Industry: GREENPOWER underperformed the Indian Renewable Energy industry which returned 12.3% over the past year.
Return vs Market: GREENPOWER underperformed the Indian Market which returned 10% over the past year.
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
2 weeks ago | Simply Wall StIs Orient Green Power Company Limited's (NSE:GREENPOWER) CEO Paid Enough Relative To Peers?
1 month ago | Simply Wall StEasy Come, Easy Go: How Orient Green Power (NSE:GREENPOWER) Shareholders Got Unlucky And Saw 86% Of Their Cash Evaporate
2 months ago | Simply Wall StOrient Green Power (NSE:GREENPOWER) Use Of Debt Could Be Considered Risky
Is Orient Green Power undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GREENPOWER (₹2) is trading below our estimate of fair value (₹23.33)
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 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 (0.3x) compared to the IN Renewable Energy industry average (0.5x).
How is Orient Green Power forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine whether Orient Green Power is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Orient Green Power competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Utilities industry.
How has Orient Green Power performed over the past 5 years?
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 44.4% 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 (30.9%).
Return on Equity
High ROE: GREENPOWER has a negative Return on Equity (-0.49%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Orient Green Power's financial position?
Financial Position Analysis
Short Term Liabilities: GREENPOWER's short term assets (₹2.9B) do not cover its short term liabilities (₹4.1B).
Long Term Liabilities: GREENPOWER's short term assets (₹2.9B) do not cover its long term liabilities (₹13.3B).
Debt to Equity History and Analysis
Debt Level: GREENPOWER's debt to equity ratio (252.9%) is considered high.
Reducing Debt: GREENPOWER's debt to equity ratio has increased from 180.3% to 252.9% over the past 5 years.
Inventory Level: GREENPOWER has a high level of physical assets or inventory.
Debt Coverage by Assets: GREENPOWER's debt is not covered by short term assets (assets are 0.2x debt).
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 23.5% per year.
What is Orient Green Power's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate GREENPOWER's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate GREENPOWER's dividend yield against the top 25% of dividend payers, as the company has not reported any 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Venkatachalam Ayyar (60yo)
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 ($USD111.26K) is above average for companies of similar size in the Indian market ($USD50.21K).
Compensation vs Earnings: Venkatachalam's compensation has increased whilst the company is unprofitable.
|CEO, MD and Executive & Non- Independent Director||6.4yrs||₹8.00m||no data|
|Chief Financial Officer||4.7yrs||₹7.20m||no data|
|Compliance Officer & Company Secretary||6.5yrs||₹4.00m||0.00011% ₹1.7k|
|Senior Vice President of Projects||11.8yrs||₹1.80m||no data|
|Vice President Erection & Commissioning||11yrs||₹2.00m||no data|
|Senior Vice President||0yrs||no data||no data|
|Chief Executive Officer of Wind - Bharath Wind Farm Limited||13.1yrs||₹2.21m||no data|
Experienced Management: GREENPOWER's management team is seasoned and experienced (8.8 years average tenure).
|CEO, MD and Executive & Non- Independent Director||6.4yrs||₹8.00m||no data|
|Non-Executive & Non-Independent Director||10.1yrs||₹145.00k||0.0086% ₹129.7k|
|Non-Executive & Independent Director||1yrs||no data||no data|
|Non-Executive Chairman||9.9yrs||₹90.00k||no data|
|Non-Executive Non Independent Director||11.7yrs||no data||0.0040% ₹60.1k|
|Non-Executive Independent Director||12yrs||₹200.00k||0.0027% ₹41.0k|
|Non Executive Independent Director||11.7yrs||₹120.00k||no data|
|Non-Executive Vice Chairman||9.9yrs||no data||0.018% ₹267.0k|
Experienced Board: GREENPOWER's board of directors are seasoned and experienced ( 10 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Orient Green Power Company Limited's company bio, employee growth, exchange listings and data sources
- Name: Orient Green Power Company Limited
- Ticker: GREENPOWER
- Exchange: NSEI
- Founded: 2006
- Industry: Renewable Electricity
- Sector: Utilities
- Market Cap: ₹1.501b
- Shares outstanding: 750.72m
- Website: https://www.orientgreenpower.com
- Orient Green Power Company Limited
- Sigappi Achi Building
- 4th Floor
- Tamil Nadu
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GREENPOWER||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Oct 2010|
|533263||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Oct 2010|
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 425 MW of wind energy across Tamil Nadu, Andhra Pradesh, Gujarat, and Karnataka, as well as 10.5 MW wind power plant in Croatia. The company was incorporated in 2006 and is headquartered in Chennai, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/21 13:14|
|End of Day Share Price||2020/02/20 00:00|
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.