Oriana Power

Quick check

The five things to look at first. Open one for more.

• DebtAdequate safetyRated A- by CRISIL.
• ResultsGrowingIn the Mar 2026 quarter, sales rose 224% and profit rose 165% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersPromoters sellingThe promoters (founders or parent) own 58%, down from 61% in Mar 2024.
• ValuationCheap vs its pastThe share trades at 9.4 times its yearly earnings (P/E), cheaper than 100% of the time in the last 3 years. Its usual P/E is about 35.

Oriana Power against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)9.4 against a typical 25.4: cheaper than most peers (1st = cheapest).10th of 80
• Sales growth+223.5% against a typical +32% from a year earlier.4th of 69
• Profit growth+165.3% against a typical +15.9% from a year earlier.11th of 64
• Share price, 3 months−13.6% against a typical −11%.41st of 74
• Size₹ 2,438.3 Cr. market value against a typical ₹ 553.8 Cr. (1st = largest).19th of 77

Exchange filings and their impact on the company.

• 28 Oct 2026General UpdatesLow impactPositive
  Oriana Power formed a new green-energy subsidiary, a small positive for future growth with no near-term financial impact.

  Oriana Power Limited has incorporated a wholly owned subsidiary, TRUERE OPL New Energies Private Limited, on October 27, 2026 in India. The subsidiary will focus on power generation, renewable energy, green hydrogen, green fuels and energy storage. Oriana will hold 100% of the subsidiary via cash subscription to its equity, with the amount not disclosed, implying no material near-term financial impact but a new vehicle for clean-energy growth.

  Full analysisFiling
• 6 Oct 2026Giving guarantees/indemnity/ becoming a surety for third partyHigh impactPositivePrice −0.1% on 7 Oct
  Oriana raised its guarantee to 100% of Rs 460 cr for its subsidiary's 234 MW floating solar project, backing major growth but adding large contingent leverage.

  Oriana Power's board on 6 Oct 2026 revised its corporate guarantee for subsidiary Oriana Usolar Joint Venture to 100% of a Rs 460 crore SBI working capital facility, up from 74%. The facility funds the 234 MW AC floating solar plant on DVC's Maithon Dam reservoir in Jharkhand awarded by Damodar Valley Corporation. The guarantee is contingent, valid initially for 12 months and effective after shareholder approval, and enables execution of a large marquee project while increasing the company's contingent exposure.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Shivam Aggarwal

Chief Financial Officer

Tanvi Singh

Compliance Officer, Company Secretary

Rupal Gupta

Managing Director, Executive Director

Parveen Kumar

Executive Director

Anirudh Saraswat

Executive Director