Oriana Power Investor Presentation Summary May'24

Oriana Power: A Bright Future Ahead

Stellar Financial Performance

1- FY 2023-24 Highlights

• Revenue from Operations: Oriana Power saw its revenue skyrocket from ₹13,471.72 million last year to ₹38,287.49 million this year—a remarkable growth of 184.21%.
• Total Revenue: Including other income, total revenue jumped to ₹38,579.52 million, up by 184.01%.
• EBITDA: The company's EBITDA soared by 311.75%, reaching ₹8,278.67 million, with the EBITDA margin improving to 21.62%.
• Profit Before Tax (PBT): PBT shot up by 373.53%, amounting to ₹7,557.23 million.
• Net Profit (PAT): PAT grew by 413.91% to ₹5,428.35 million, with the PAT margin increasing to 14.18%.
• Diluted EPS: Diluted EPS surged from ₹16.91 to ₹33.41.

Finding multibagger stocks is important for building wealth. Discover potential multibaggers at Sovrenn Discovery 

2- Strengthening the Balance Sheet

a)- Assets

• Non-Current Assets: Investments in property, plant, and equipment grew from ₹2,904.79 million to ₹13,534.80 million. Total non-current assets now stand at ₹20,337.48 million.
• Current Assets: With increased inventories, trade receivables, and cash reserves, total current assets reached ₹20,681.24 million.

b)- Liabilities

• Shareholders’ Funds: Share capital and reserves increased significantly, totaling ₹14,619.91 million.
• Non-Current Liabilities: Long-term borrowings rose to ₹13,272.47 million.
• Current Liabilities: Short-term borrowings and trade payables increased, bringing total current liabilities to ₹10,217.93 million.

Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at Sovrenn Education 

3- Strategic Moves and Growth Plans

a)- Land Acquisition and Development

• Smart Land Acquisition: Oriana Power is strategically acquiring land near power infrastructure to maximize project efficiency and reduce transmission losses.
• Development Plans: The company plans to develop 920 acres across three states into solar farms or Green Hydrogen plants.

b)- Market Expansion

• High-Growth Areas: Oriana is targeting regions with strong renewable energy policies and high solar potential within India.
• Rajasthan Focus: Leveraging government initiatives for large-scale solar projects in Rajasthan.

c)- Innovative Partnerships and Projects

• Module Manufacturer Collaborations: Partnerships to ensure high-quality and reliable solar modules.
• Agro-Voltaic Projects: Combining agriculture with solar energy production to diversify revenue streams.
• Green Hydrogen Initiatives: Engaging with existing clients to promote Green Hydrogen for energy security.

4- Looking Ahead

a)- Ambitious Capacity Goals

• 1 GW by 2026: Oriana Power aims to reach 1 GW capacity by 2026, becoming a key player in the renewable energy sector.
• Larger Projects: The company is gearing up for larger projects, boosting its market presence and financial strength.

b)- Sustainable Practices

• Green Hydrogen and CBG: Increased efforts in Green Hydrogen and Compressed Biogas (CBG) to stay at the forefront of renewable energy innovations.
• Employee Incentives: Expanding stock ownership plans to attract top talent and foster a culture of accountability and innovation.

Conclusion

Oriana Power's impressive financial growth and strategic initiatives highlight its commitment to sustainability and expansion. With a focus on optimizing operations, entering new markets, and pioneering green technologies, Oriana Power is set for a bright and promising future.

Also Read: KPI Green Energy Investor Presentation Summary Jun-24