Orient Green Power Company Limited — Investor Meet, 15-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Orient Green Power reported a record PAT of INR 72 Cr (+70% YoY) for FY26, with total income at INR 316 Cr (+13%). This was driven by strong wind patterns and a 21% reduction in interest costs. Q4 FY26, however, saw weaker performance due to lower wind availability, resulting in INR 46 Cr revenue and a loss of INR 16.4 Cr.

The company commissioned 7 MW solar and added 9.9 MW wind capacity, bringing total operating capacity to 399 MW. An additional 17.6 MW solar capacity is under construction, and 7.8 MW of older wind turbines are being repowered. Management maintains its 1 GW growth target, exploring external equity and acquisitions due to limited internal resources for large-scale expansion. While focusing on operational excellence and wind expansion, the company is cautious on solar expansion, potentially exploring battery storage. Management believes the asset is undervalued compared to peers.