Orient Green Power Company Ltd

Q1 FY27Power

Orient Green Power Company Ltd Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book

Q1 FY27 earnings call: what management guided on revenue, margins and order book.

Price₹9

Market cap₹1.1K Cr

P/E20.9

Updated25 Aug 2026

Read5 min read

What the Q1 FY27 call signalled

2 of 4 strong

RevenueRank 4

MarginRank 3

CapexYes

FundraiseYes

Not discussed on this call: order book.

The short version

Revenue and EBITDA for the current year are expected to be equal to or better than the previous year, although this is conservative due to unpredictability in wind availability and monsoon conditions. Revenue and EBITDA for the current year are expected to be equal to or better than last year, subject to wind and monsoon conditions.

From Orient Green Power Company Ltd's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.

Revenue & Sales Performance

Rank 4

Revenue and EBITDA for the current year are expected to be equal to or better than the previous year, although this is conservative due to unpredictability in wind availability and monsoon conditions.
Capacity expansion plans include adding approximately 17.5 MW of solar and about 7.8 MW of wind in FY27, with an additional 15-20 MW of repowered assets planned for FY28.
Growth is constrained by dependency on weather (monsoon and wind) and available capital; funding and strategic triggers are required to accelerate expansion.
The company aims to grow towards a 1 GW operation through a combination of organic capacity addition and inorganic acquisitions, with inorganic likely skewed towards wind.
Opportunities exist in both industrial and government sectors due to increasing demand for renewables; however, challenges remain in securing adequate funding.
Battery storage and hybrid projects are being explored but require regulatory clarity and cost reductions to be viable growth drivers.

Profitability & Margins

Revenue and EBITDA for the current year are expected to be equal to or better than last year, subject to wind and monsoon conditions.
Wind availability in FY27 is forecasted to be similar to two years ago but supported by increased capacity, leading to overall growth in generation and revenue.
Capacity additions planned: approximately 11 MW wind and 15-17.5 MW solar in FY27, with potential 15-20 MW repowered assets in FY28.
Profitability may improve in H2 FY27 due to better wind availability and commissioning of new greenfield solar and repowering projects.
PAT in Q1 FY27 was lower due to wind shortfall and increased depreciation; improvement expected as new capacities become fully operational.
Long-term growth depends on strategic triggers, capital availability ("Vitamin M"), and successful fund-raising or partnerships.
Management remains focused on expanding capacity organically and through acquisitions, aiming towards a 1GW portfolio, although timelines may shift.

See what Orient Green Power Company Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Yes

FY27 planned capacity additions: 17.5 MW solar and about 7.8 MW wind; plus 3.3 MW wind already added, totaling ~11 MW wind and ~15 MW solar this fiscal.
FY28 (next fiscal) plan includes 15-20 MW of repowered assets; specifics depend on evolving conditions, with clarity expected by mid-Q3.
Focus on repowering wind assets, targeting 28 MW by FY28 (7.8 MW currently underway, 17.5 MW next year).
Exploring battery storage integration for solar projects; regulatory clarity pending, expected progress next year.
Expansion strategy involves organic growth and inorganic acquisitions, primarily wind assets due to availability and relative cost.
Capital constraints noted; several fund-raising and partnership discussions ongoing to enable expansion.
Hybrid projects (wind + solar) explored, contingent on economics and regulatory scenarios.
Promoter share unpledging expected soon, potentially aiding capital raising capacity.

Top-ranked in Power

Ranked on what management guided this quarter

5x potential

1Insolation Ener₹2.0K Cr

Rev 1Mar 1

2ACME Solar Hold.₹28.4K Cr

Rev 1Mar 3

3₹16.8K Cr

Rev 1Mar 3

4₹4.0L Cr

Rev 2Mar 3

5₹1.7L Cr

Rev 2Mar 3

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

The company is actively evaluating various fund-raising options but has not finalized any at this stage.
Conversations with potential investors, including private equity, are ongoing, with interest in both listed and unlisted entities.
Promoters have taken a Rs. 400 crore loan; about Rs. 150 crore has been repaid, with the balance expected to be cleared by financial year-end.
Additional debt taken includes Rs. 70 crore for repowering projects and new loans for a 17-megawatt solar project.
The company can only add about 20-25 MW capacity through debt leveraging existing assets; further expansion will require equity infusion.
Promoters may consider increasing their stake via rights or preferential issues, but nothing is confirmed yet.
The company is working strategically to secure equity and strategic partners to support growth and capacity addition.

See what Orient Green Power Company Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The company is currently working on expanding capacity in both wind and solar but is awaiting strategic triggers to proceed.
Capacity additions planned for FY27 include approximately 17.5 MW of solar and about 7.8 MW of wind, plus 3.3 MW of wind already added.
For FY28, plans include adding 15 to 20 MW of repowered assets, but exact capacity additions remain uncertain due to multiple moving parts.
Repowering projects are underway: 7.8 MW expected to commission by September, followed by another phase of around 17.5 MW next year.
The company is evaluating inorganic (acquisition) and organic growth opportunities, particularly in wind assets, but no firm orders or acquisitions are finalized yet.
Multiple conversations and options for funding and partnerships are ongoing but not yet concluded.
Overall, the orderbook/pipeline depends heavily on monsoon conditions, regulatory approvals, and capital availability.

Orient Green Power Company Ltd — Quarterly revenue & net profit

Revenue Net profit Net loss

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹39 Cr, net loss ₹17 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What Orient Green Power Company Ltd's management said in earlier quarters

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Frequently Asked Questions

What were Orient Green Power Company Ltd Q1 FY27 results?

What is Orient Green Power Company Ltd share price analysis?

Orient Green Power Company Ltd currently shows a neutral. The stock trades at a P/E of 20.9 with a market cap of ₹1,118 Cr. Investors should review the full earnings analysis for detailed insights.

Is Orient Green Power Company Ltd planning capital expenditure?

FY27 planned capacity additions: 17.5 MW solar and about 7.8 MW wind; plus 3.3 MW wind already added, totaling ~11 MW wind and ~15 MW solar this fiscal.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.