Synopsis:
Small-cap Solar power stock is in focus today after receiving an order from the Guyana Energy Agency.
A Small-cap company that is engaged in two main business verticals, providing EPC and operations of solar power projects, is in the spotlight after receiving a solar photovoltaic system at Cheddi Jagan International Airport worth $2.5 million.
With the market capitalization of Rs. 5,362.22 crore, the shares of Oriana Power Limited are trading at Rs. 2,645, up by 0.94 percent from its previous day’s close price of Rs. 2,620.30. It has touched an intraday high of Rs. 2,661.95 in today’s trading session, implying up by 1.59 percent from previous close price.
What’s the News?
Oriana Power Ltd has secured an international Letter of Award (LOA) from the Guyana Energy Agency for the Design, Supply, Installation & Commissioning of a 3.0 MW (AC) grid-tied solar photovoltaic system at Cheddi Jagan International Airport (CJIA), Timehri, Guyana. The project, valued at US$ 2,487,170, will be executed within 36 months from the receipt of the LOA.
This marks a key milestone for the company as its first major international project in the region, strengthening its global presence and supporting its long-term goal of delivering efficient and sustainable solar energy solutions worldwide.
About the Company
Oriana Power Ltd., founded in 2013, is a renewable energy company specializing in innovative solar solutions for industrial and commercial clients through rooftop and ground-mounted projects. Operating under both the CAPEX and RESCO/BOOT models, the company delivers low-carbon, on-site solar installations and has executed over 200 MW of projects across 21 Indian states, while also expanding internationally to regions like Kenya. With capabilities spanning EPC services and long-term solar project operations, Oriana aims to play a key role in the global transition toward sustainable energy.
A return on equity (ROE) of about 48.4 percent, a return on capital employed (ROCE) of about 42.3 percent and debt to equity ratio of 0.50 demonstrate the company’s financial position. At the moment, the company’s P/E ratio is 23.1x lower as compared to its industry P/E 34.7x.
Oriana Power Limited reported Rs. 781 crore in revenue for the H1 FY26, an 116.94 percent increase over the Rs. 360 crore for the same period in FY25. It increased by 24.6 percent as compared to Rs. 628 crore in H2 FY25.
The consolidated net profit for the H1 FY26 was Rs. 122 crore, which was 10.91 percent higher than the Rs. 110 crore reported in H1 FY25 and increased by 148.98 percent from Rs. 49 in H2 FY25.
Written by Akshay Sanghavi
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