Any current/future new fundraising through debt or equity?

The promoter group is committed to supporting the company’s growth and is open to infusing funds, which would help reduce interest costs by 250 to 300 basis points, improving bottom-line by about Rs. 25 to 30 crore. Discussions with various investors have been ongoing, but many are in a wait-and-watch mode due to sector challenges like low tariffs and project setbacks. Loan-to-equity conversion by promoters is being considered, though it has challenges such as breaching the 75% limit, with proposals at various stages. Efforts are underway to reduce interest costs and extend loan terms, with ac

Any current/future capex/capital investment/strategic investment?

Promoters are committed to future growth and have waived interest on promoter loans worth Rs. 30-35 crore over the last two years to support the company. The company is exploring various proposals, including converting loans to equity, although this has challenges such as breaching the 75% ownership threshold. There is ongoing discussion with various investors to infuse funds, which could help reduce interest costs by 250-300 basis points, adding Rs. 25-30 crore to the bottom line. Plans include repowering wind assets, particularly 50-60 MW requiring replacement in the next few years, awaiting

Future growth expectations in earnings/operating earnings/profits/EPS?

Management is optimistic about sustaining and improving earnings year-on-year despite challenges such as wind variability and COVID-19. The company reported a net profit in FY20 with a hope to continue profitability every quarter, barring external challenges. EBITDA potential is estimated between Rs. 250-300 crore, indicating significant operating earnings capacity. Interest reduction by 250-300 basis points through promoter fund infusion could add Rs. 25-30 crore to the bottom line. Depreciation expected stable at around Rs. 91 crore annually due to extended machine life. Interest c

Orient Green Power Company LtdQ4 FY20Power

Orient Green Power Company Ltd Q4 FY20 Earnings Call Analysis

Revenue, margin, capex, fundraise and order book outlook from management commentary.

Price: ₹8.34P/E: 18.3Market Cap: ₹978 CrSector: Power

Management growth scorecard

Revenue

Category 4

Margin

Category 3

Fundraise

Yes

Order

N/A

Capex

Yes

2 of 4 growth signals are positive.

Full analysis

Revenue guidance

Category 4

- The company experienced a 15% increase in total income for FY20 compared to the prior year, indicating positive growth momentum. - Despite a soft start to the wind season affecting revenues, the outlook supports a potential good wind year ahead, which could drive higher volumes. - REC (Renewable Energy Certificate) trading is expected to grow, with at least 3 lakh RECs targeted for sale annually, adding to revenue. - Management remains cautiously optimistic for sustained profitability despite challenges like COVID-19 and regulatory hurdles. - EBITDA potential is estimated between Rs. 250 to 300 crore, reflecting stable operational cash flow prospects. - Repowering of wind assets planned within 3-4 years aims to enhance capacity and output, supporting future volume growth. - The company is exploring strategic options, including possible mergers, which could accelerate growth. Overall, the company is hopeful of strengthening revenues and volumes in the coming years backed by wind season recovery, REC sales, and asset repowering.

Margin guidance

Category 3

Management is optimistic about sustaining and improving earnings year-on-year despite challenges such as wind variability and COVID-19.
The company reported a net profit in FY20 with a hope to continue profitability every quarter, barring external challenges.
EBITDA potential is estimated between Rs. 250-300 crore, indicating significant operating earnings capacity.
Interest reduction by 250-300 basis points through promoter fund infusion could add Rs. 25-30 crore to the bottom line.
Depreciation expected stable at around Rs. 91 crore annually due to extended machine life.
Interest costs are projected to reduce gradually, with potential for Rs. 13 crore reduction per 100 basis points drop in interest rates.
Promoters are committed to growth, including converting loans to equity to strengthen financials.
Continuous efforts to lower debt and optimize costs aim to enhance shareholder value over time.

See what Orient Green Power Company Ltd management said on margin guidance — free account, 30 seconds.

Fundraise plans

Yes

The promoter group is committed to supporting the company’s growth and is open to infusing funds, which would help reduce interest costs by 250 to 300 basis points, improving bottom-line by about Rs. 25 to 30 crore.
Discussions with various investors have been ongoing, but many are in a wait-and-watch mode due to sector challenges like low tariffs and project setbacks.
Loan-to-equity conversion by promoters is being considered, though it has challenges such as breaching the 75% limit, with proposals at various stages.
Efforts are underway to reduce interest costs and extend loan terms, with active talks with banks to lower rates in the next few years.
No specific finalized new fundraising announced yet; options including mergers and investor engagement continue to be explored.

Order book

The transcript does not explicitly mention the current or expected order book or pending orders for Orient Green Power Limited. However, relevant points from the discussion include: - The company is exploring merger opportunities with various companies, including IL&FS and ORIX, to improve shareholder value. - COVID-19 pandemic has caused delays and subdued trading activities, but management remains confident about the growth potential. - Replacement of around 50-60 MW capacity assets is expected within the next few years. - The focus is on improving cash flow, reducing debt, and managing working capital effectively. - Power sales and collections have seen some impact due to lockdowns but are expected to normalize in the second half of the year. - Capital reduction and corporate restructuring processes are underway but delayed slightly due to COVID-19. No direct data on order book size or pending orders is disclosed in the provided transcript pages.

See what Orient Green Power Company Ltd management said on order book — free account, 30 seconds.

Capex plans

Yes

Promoters are committed to future growth and have waived interest on promoter loans worth Rs. 30-35 crore over the last two years to support the company.
The company is exploring various proposals, including converting loans to equity, although this has challenges such as breaching the 75% ownership threshold.
There is ongoing discussion with various investors to infuse funds, which could help reduce interest costs by 250-300 basis points, adding Rs. 25-30 crore to the bottom line.
Plans include repowering wind assets, particularly 50-60 MW requiring replacement in the next few years, awaiting a clear government policy to proceed.
The company continues to explore strategic options such as potential mergers (e.g., with ORIX) but discussions are at preliminary stages.
Land parcels from stalled projects (e.g., Andhra Pradesh) can be monetized or utilized in future.

Track Orient Green Power Company Ltd — get its next earnings analysis in your feed

How does Orient Green Power Company Ltd rank vs peers in Power?

Pro feature

ThisOrient Green Power Company Ltd

Rev 4Mar 3

See where Orient Green Power Company Ltd sits in PowerSee which companies these are, and every other name in the sector.Open rankings

How does Orient Green Power Company Ltd rank in Power?

Compare Orient Green Power Company Ltd against every Power company (Q4 FY20) on revenue, margins and earnings-call signals.

View Power leaderboard →

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

Others in Power this season

Vedanta Power (Q2 FY27)
Quarterly Revenue:** ₹2,908 crore, up 38% YoY (Page 22, 27, 9, 26) . Key investor presentation takeaways from Vedanta Power Ltd's Q2 FY27 investor presentation
ACME Solar Holdings Ltd (Q2 FY27)
Q2 FY27 Revenue from operations (Standalone): INR 887 Cr vs. Key investor presentation takeaways from ACME Solar Holdings Ltd's Q2 FY27 investor presentation —
Sustainable Energy Infra Trust (Q2 FY27)
EBITDA Margin for Q2 FY2027 is strong at 82.6%, indicating operational efficiency (Page 49). Key investor presentation takeaways from Sustainable Energy Infra T
JSW Energy Ltd (Q2 FY27)
Total Revenue for Q2 FY27: ₹6,658 Cr, up 24% YoY from ₹5,361 Cr in Q2 FY26 (Page 12). Key investor presentation takeaways from JSW Energy Ltd's Q2 FY27 investor

Compare:vs Adani Power Ltd vs NTPC vs Power Grid Corpn

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →