Oriana Power Ltd (ORIANA)

FairStock Score: 62/100 — STEADY

Score breakdown: P/E: 2/3 · ROCE: 2/2 · Growth: 2/2 · Dividend: 0/1

Key Financials

Strengths

• Sales up 117.27% and profit up 149.88% show exceptional momentum.
• ROCE of 42.31% indicates very efficient capital deployment.
• Piotroski F-Score of 7/9 points to improving financial health.
• P/E of 16.58 with PEG of 0.12 suggests the growth is not fully priced in.
• Promoter holding of 57.97% aligns owner interest.

Concerns

• Zero dividend yield means investors rely solely on capital appreciation.
• Book value, ROE, and debt/equity are not available, limiting analytical visibility.
• Wide 52-week range of ₹1290–₹3064 and current price 32% below high show volatility.
• Triple-digit growth rates are prone to mean reversion; valuation offers little safety if growth slows.

AI Analysis

Oriana Power is not a typical business I'd normally park my money in, because I like certainty and a margin of safety. But when I see sales up 117.27% and profit up 149.88%, I am obligated to look closer. At ₹2073, the market cap is ₹3,838 Cr and the P/E is 16.58. With that profit growth, the PEG is 0.12. That is an astonishing gap; either the market doesn't believe the growth, or it is mispricing the company. ROCE at 42.31% is exceptional, far above what most Indian manufacturers earn on capital. The Piotroski F-Score of 7 out of 9 also suggests the company's financial position has been improving. Yet I must be cautious. There is no dividend, which means all value must come from reinvestment and eventual earnings power. P/B, ROE, and debt/equity are unavailable, and as Graham said, you can't evaluate what you can't see. The recent quarterly profit of ₹122 Cr on sales of ₹781 Cr gives a net margin of roughly 15.6%, respectable, but one quarter doesn't make a compounder. The share price has swung from ₹1290 to ₹3064 in 52 weeks; today at ₹2073, it is 32% below its high. That volatility suggests cyclicality or sentiment. I wouldn't call this a moat business yet. It is a fast grower with excellent current economics, but I need sustained evidence: continued high ROCE, healthy cash conversion, and transparent disclosures. If growth slows, the P/E may no longer look cheap. Promoter holding of 57.97% is good, but minority investors should watch for related-party behavior. In short, a potentially wonderful growth machine, but not yet a proven stalwart. I'd put it in the 'too hard' pile unless the balance sheet becomes visible and growth durability is demonstrated.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer