Power Generation/Distribution

Orient Green Power Share Price Target for 2025, 2026, 2027, 2028, 2029

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Orient Green Power Company Limited is an India-based company incorporated in December 2006, focusing on generation of power from renewable energy sources, primarily wind energy. Their portfolio consists of over 400 megawatt (MW) of wind assets spread across India in states like Tamil Nadu, Andhra Pradesh, Gujarat, and Karnataka. They also have a 10.5 MW wind farm in Croatia, Europe.

Here’s a quick summary about the company:

  • Founded: 2006
  • Headquarters: Chennai, Tamil Nadu, India
  • Industry: Power Generation and Supply
  • Focus: Renewable energy (wind)
  • Wind asset portfolio: Over 400 MW spread across India and Croatia

Orient Green Power Products

Here’s a breakdown of their renewable energy sources:

  • Wind Energy: This is their primary focus with over 400 MW of wind assets spread across India.
  • Biomass & Biogas: They also invest in some biogas and biomass projects.
  • Small Hydroelectric Projects: While their portfolio includes some small hydroelectric projects, the details aren’t publicly available.

Orient Green Power Revenue and Net Profit

  • Revenue: Orient Green Power’s revenue has been declining over the past few years. In FY2022-23, their revenue was Rs 2,916 crore, which is a decrease of 7.5% compared to the previous year.
  • Net Profit: Their net profit has also been volatile. In FY2022-23, they reported a net profit of Rs 351 crore, which is down 24.6% compared to FY2021-22. However, Q3 of FY2023-24 showed a net loss of Rs 20.64 crore.

Orient Green Power Shareholding Patterns

  • Foreign Portfolio Investors (FPI): 1.29%
  • Institutions (Banks, Financial Institutions, Insurance Companies, Body Corporate): 4.02%
  • Non-Resident Indians (NRI): 1.67%
  • Retail Investors (Individuals, Public): 60.66%

Orient Green Power Share Price Target for 2025, 2026, 2027, 2028, 2029

YearTarget Price
2025₹30
2026₹50
2027₹100
2028₹150
2029₹200

Orient Green Power Share Price Target for 2025

Orient Green Power Share Price Target for 2025 is 30.

Orient Green Power Share Price Target for 2026

Orient Green Power Share Price Target for 2026 is 50.

Orient Green Power Share Price Target for 2027

Orient Green Power Share Price Target for 2027 is 100.

Orient Green Power Share Price Target for 2028

Orient Green Power Share Price Target for 2028 is 150.

Orient Green Power Share Price Target for 2029

Orient Green Power Share Price Target for 2029 is 200.

Future Outlook of Orient Green Power

Positive Indicators:

  • Government Focus on Renewables: The Indian government’s strong push for clean energy with ambitious renewable energy targets is a major tailwind for companies like Orient Green Power.
  • Expansion Plans: The company’s ambitious expansion plans to reach 1 GW capacity in renewable energy within the next few years could significantly boost its revenue and market share.
  • Strong Financials: Orient Green Power has shown good financial performance with consistent revenue and profit growth, indicating a healthy financial foundation for future expansion.

Risks Associated With Investing in Orient Green Power

Challenges to Consider:

  • Competition: The renewable energy sector in India is becoming increasingly competitive. Orient Green Power will need to maintain its efficiency and cost-effectiveness to stay ahead.
  • Policy and Regulatory Uncertainty: Changes in government policies or regulations related to renewable energy tariffs or project approvals could impact the sector’s growth.
  • Debt Levels: Managing debt levels will be crucial for Orient Green Power as it expands its project portfolio.

Read more: Bharat Dynamics Share Price Target

Orient Green Power Competitors

Orient Green Power (ORIENTGREEN) faces competition from several companies in the Indian renewable energy sector. Here’s a breakdown of their competitor landscape:

Major Competitors:

  • Adani Green Energy Ltd (ADANIGREEN): A leading renewable energy player in India, with a strong focus on solar and wind power generation. They have a larger project portfolio and a well-established presence in the market.
  • ReNew Power Ltd (RENEW): Another major player in the sector, with a diversified portfolio of renewable energy projects including wind, solar, and hydro power. They have a strong track record of project execution and financial performance.
  • Tata Power Renewable Energy Ltd (TATA POWER): A subsidiary of the Tata Group, with a significant presence in solar and wind power generation. They leverage the resources and brand recognition of the Tata Group.

Other Notable Competitors:

  • Sprng Energy: A fast-growing renewable energy company with a focus on solar power solutions.
  • Greenko Group: A renewable energy developer with a focus on wind and solar power projects, along with energy storage solutions.
  • Hero Future Energies: A diversified renewable energy company with projects in wind, solar, and hydro power.
  • Bharat Light & Power Ltd (BLP): A provider of renewable energy generation and retail services, focusing on wind and solar power.

Orient Green Power FAQs

Company & Background

  • What is Orient Green Power?

Orient Green Power is a company based in India that generates electricity from renewable sources like wind energy. They also have a small portfolio of projects in biomass, biogas, and small hydroelectric.

  • What are Orient Green Power’s main projects?

Orient Green Power operates a portfolio of wind farms across several states in India. They also have plans to expand into other renewable energy sources like solar and hydro power.

Products & Services

  • What is Orient Green Power’s capacity?

As of March 31, 2023, Orient Green Power’s total installed capacity was 402.3 MW. They aim to reach 1 GW capacity within the next few years.

  • Who does Orient Green Power sell electricity to?

Orient Green Power sells electricity to both state-owned utilities and commercial and industrial consumers through power purchase agreements.

Financials

  • Where can I find information about Orient Green Power’s financial performance?

Orient Green Power’s website likely has a section for investors where you can find their annual reports and financial statements. Financial news websites might also feature analysis of Orient Green Power’s financials.

  • How has Orient Green Power performed financially in recent years?

Orient Green Power has shown some positive financial results with consistent revenue growth in recent years. However, their profitability has fluctuated, and they have a relatively high debt-to-equity ratio.

Investment & Shareholding

  • Is Orient Green Power a publicly traded company?

Yes, Orient Green Power is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).

  • Who are the major shareholders of Orient Green Power?

Promoter groups hold a significant portion of the shares, but the majority is held by public shareholders, including retail investors, institutions, and foreign investors. You can find the latest shareholding pattern on the company website or financial websites like Trendlyne.

Future Outlook

  • What is the future outlook for Orient Green Power?

The future outlook for Orient Green Power appears promising due to the Indian government’s focus on renewable energy and the company’s ambitious expansion plans. However, competition, policy changes, and managing debt levels are key challenges to consider.

  • Where can I learn more about Orient Green Power’s future prospects?

Orient Green Power’s investor relations section likely provides updates and outlooks. Industry reports and analysis from financial news websites can offer additional insights.

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Lester Marble

Lester Marble is an Austin-based novelist who writes espionage thrillers set against historical backdrops. His books fuse high-tech spycraft with meticulous research to create gripping reads. When he's not writing, Lester enjoys traveling, photography, and chess.

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