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Orient Green Power Company Ltd (IN:GREENPOWER)
:GREENPOWER
India Market
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Orient Green Power Company Ltd (GREENPOWER) AI Stock Analysis

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IN:GREENPOWER

Orient Green Power Company Ltd

(GREENPOWER)

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Neutral 54 (OpenAI - 5.2)
Rating:54Neutral
Price Target:
₹9.50
▼(-0.42% Downside)
Action:Reiterated
Date:08/17/26
The score is driven primarily by improving financial stability (notably deleveraging and recovered profitability) but is held back by major fundamental volatility (sharp 2026 revenue decline and negative 2026 free cash flow). Technical indicators are meaningfully bearish with the stock trading below key moving averages and negative MACD, while valuation is only moderately supportive at a ~17.3 P/E with no dividend yield provided.
Positive Factors
Material Deleveraging
Substantial deleveraging and equity growth have strengthened the balance sheet, reducing financial risk and interest pressure. This improves the company’s capacity to withstand operating volatility and support renewable asset operations over the medium term.
Negative Factors
Sharp Revenue Decline
A roughly 48% annual revenue contraction highlights material top-line instability in the power portfolio. Persistent volatility could weaken earnings visibility, reduce funds available for reinvestment and make financial performance more dependent on asset-level conditions.
Read all positive and negative factors
Positive Factors
Negative Factors
Material Deleveraging
Substantial deleveraging and equity growth have strengthened the balance sheet, reducing financial risk and interest pressure. This improves the company’s capacity to withstand operating volatility and support renewable asset operations over the medium term.
Read all positive factors

Orient Green Power Company Ltd (GREENPOWER) vs. iShares MSCI India ETF (INDA)

Orient Green Power Company Ltd Business Overview & Revenue Model

Company Description
Orient Green Power Company Limited, an independent power producer of renewable power, engages in the generation and sale of wind energy in India and Croatia. As of March 31, 2025, it had an aggregate installed capacity of 402.3 megawatt. The compa...
How the Company Makes Money
GREENPOWER primarily makes money by generating electricity from its renewable energy assets (mainly wind farms) and selling that electricity to off-takers. Key revenue streams typically include: (1) Sale of electricity under long-term power purcha...

Orient Green Power Company Ltd Financial Statement Overview

Summary
Financials show improvement in stability from significant deleveraging and a recovery to solid profitability after 2021. However, top-line volatility is a key risk, with a sharp ~48% revenue decline in 2026, and free cash flow turned negative in 2026 despite positive operating cash flow.
Income Statement
62
Positive
Balance Sheet
70
Positive
Cash Flow
55
Neutral
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue2.87B2.93B2.63B2.59B2.58B3.11B
Gross Profit1.78B1.34B2.10B2.20B1.11B2.59B
EBITDA2.10B1.83B1.92B2.01B2.25B2.56B
Net Income639.10M691.90M388.10M365.30M338.10M349.80M
Balance Sheet
Total Assets0.0017.32B16.62B16.18B16.92B18.31B
Cash, Cash Equivalents and Short-Term Investments675.30M1.28B1.85B728.00M122.70M129.20M
Total Debt0.005.24B5.52B7.54B10.91B12.38B
Total Liabilities-11.55B5.77B5.90B8.36B11.77B13.51B
Stockholders Equity11.55B11.52B10.75B7.88B5.24B4.89B
Cash Flow
Free Cash Flow542.70M-270.90M1.59B2.32B2.18B2.18B
Operating Cash Flow826.40M1.66B1.69B2.50B2.29B2.20B
Investing Cash Flow-226.50M-1.14B-1.53B-17.00M30.70M220.00M
Financing Cash Flow-753.90M-178.50M-555.60M-1.89B-2.29B-2.46B

Orient Green Power Company Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price9.54
Price Trends
50DMA
9.74
Negative
100DMA
10.53
Negative
200DMA
10.60
Negative
Market Momentum
MACD
-0.14
Negative
RSI
43.67
Neutral
STOCH
31.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GREENPOWER, the sentiment is Negative. The current price of 9.54 is above the 20-day moving average (MA) of 9.36, below the 50-day MA of 9.74, and below the 200-day MA of 10.60, indicating a bearish trend. The MACD of -0.14 indicates Negative momentum. The RSI at 43.67 is Neutral, neither overbought nor oversold. The STOCH value of 31.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:GREENPOWER.

Orient Green Power Company Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
69
Neutral
₹30.78B6.192.05%23.78%147.63%
58
Neutral
₹6.95B60.450.70%10.10%64.96%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
54
Neutral
₹10.93B16.98-0.14%8.27%
53
Neutral
₹458.63M51.823.18%5.75%-28.47%
37
Underperform
₹1.45B183.20-1.42%-63.44%
33
Underperform
₹703.48M-18.754.58%16.63%96.11%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:GREENPOWER
Orient Green Power Company Ltd
9.32
-4.71
-33.57%
IN:DPSCLTD
India Power Corp. Ltd.
7.14
-5.00
-41.19%
IN:ENERGYDEV
Energy Development Co. Ltd.
14.81
-5.00
-25.24%
IN:GIPCL
Gujarat Industries Power Co. Ltd.
198.30
13.98
7.58%
IN:INDOWIND
Indowind Energy Limited
9.02
-7.74
-46.18%
IN:KARMAENG
Karma Energy Limited
39.64
-12.25
-23.61%

Orient Green Power Company Ltd Corporate Events

Orient Green Power Sets July 2026 AGM to Approve Accounts, Board Reappointments and RPTs
Jun 26, 2026
Orient Green Power Company Ltd has scheduled its 19th Annual General Meeting for July 22, 2026, to be held via video conferencing and other audio-visual means, where shareholders will consider and adopt the audited standalone and consolidated fina...
Orient Green Power Sets July 22, 2026 Virtual AGM and E-Voting Schedule
Jun 26, 2026
Orient Green Power Company Ltd has scheduled its nineteenth annual general meeting for July 22, 2026, at 11:00 a.m. IST, to be conducted via video conferencing and other audio-visual means, reflecting the company’s continued use of virtual f...
Orient Green Power files assured sustainability report for FY 2025-26
Jun 26, 2026
Orient Green Power Company Ltd has submitted its Business Responsibility and Sustainability Report for the financial year 2025-26 in compliance with updated SEBI listing regulations on ESG and sustainability reporting. The report includes identifi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 17, 2026