Oriana Power (NSE:ORIANA) Operating Income: ₹3,823 Mil (TTM As of Mar. 2026)

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NSE:ORIANA Oriana Power Ltd NSE:ORIANA
76 GF Score
Price ₹1,221.90
GF Value ₹4,922.97
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Oriana Power Operating Income?

Oriana Power NSE:ORIANA -1.47% 76 Operating Income is ₹3,823 Mil as of Mar. 2026. GuruFocus rates NSE:ORIANA with a GF Score™ of 76/100 and a GF Value™ of ₹4,922.97 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Oriana Power's Operating Income for the six months ended in Mar. 2026 was ₹2,079 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹3,823 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Oriana Power's Operating Income for the six months ended in Mar. 2026 was ₹2,079 Mil. Oriana Power's Revenue for the six months ended in Mar. 2026 was ₹10,325 Mil. Therefore, Oriana Power's Operating Margin % for the quarter that ended in Mar. 2026 was 20.13%.

Good Sign:

Oriana Power Ltd operating margin is expanding. Margin expansion is usually a good sign.

Oriana Power's 5-Year average Growth Rate for Operating Margin % was 20.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Oriana Power's annualized ROC % for the quarter that ended in Mar. 2026 was 17.18%. Oriana Power's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 81.99%.

Oriana Power  (NSE:ORIANA) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Oriana Power's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=4157.048 * ( 1 - 29.45% )/( (13525.733 + 20623.891)/ 2 )
=2932.797364/17074.812
=17.18 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=16949.235 - 1432.041 - ( 1991.461 - max(0, 8380.005 - 12914.925+1991.461))
=13525.733

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=25632.686 - 2095.391 - ( 2913.404 - max(0, 14594.042 - 20385.68+2913.404))
=20623.891

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Oriana Power's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4551.798/( ( (3293.924 + max(2168.538, 0)) + (4583.746 + max(1057.48, 0)) )/ 2 )
=4551.798/( ( 5462.462 + 5641.226 )/ 2 )
=4551.798/5551.844
=81.99 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4413.763 + 416.44 + 4669.979) - (1432.041 + 0 + 5899.603)
=2168.538

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6711.436 + 411.748 + 6727.206) - (2095.391 + 0 + 10697.519)
=1057.48

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Oriana Power's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=2078.524/10324.882
=20.13 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.

Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.

Oriana Power Operating Income Related Terms

Oriana Power Operating Income Historical Data

* Premium members only.

The historical data trend for Oriana Power's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Oriana Power Operating Income Chart

Oriana Power Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial 115.89 182.53 786.78 2,260.02 3,822.59

Oriana Power Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Operating Income Get a 7-Day Free Trial Premium Member Only 682.90 720.35 1,539.67 1,744.07 2,078.52
NSE:ORIANA
76GF Score
Oriana Power Ltd NSE:ORIANA
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Oriana Power Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹3,823 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of ₹3,823 Mil mean?
Oriana Power (NSE:ORIANA) has a Operating Income of ₹3,823 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Oriana Power and its competitors.
Is Oriana Power's Operating Income too high?
Oriana Power's current Operating Income is ₹3,823 Mil. Overall, Oriana Power has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Oriana Power's Operating Income compare to competitors?
Oriana Power's Operating Income of ₹3,823 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for an Utilities - Independent Power Producers company?
A good Operating Income depends on the Utilities - Independent Power Producers industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Oriana Power and its competitors. Oriana Power's current Operating Income is ₹3,823 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oriana Power stock overvalued right now?
Based on GuruFocus' analysis, Oriana Power (NSE:ORIANA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹4,922.97, compared to a current price of ₹1,221.90 — trading 75.2% below its estimated fair value. The current Operating Income is ₹3,823 Mil. Oriana Power's overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Oriana Power (NSE:ORIANA), the current Operating Income is ₹3,823 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Oriana Power (NSE:ORIANA) Overvalued in 2026?

Based on GuruFocus' analysis, Oriana Power stock appears to be undervalued. The current stock price of ₹1,221.90 is trading 75.2% below its estimated GF Value™ of ₹4,922.97. GuruFocus considers Oriana Power to be Significantly Undervalued.

Key valuation signals for NSE:ORIANA:

  • Operating Income: ₹3,823 Mil
  • GF Value™: ₹4,922.97 vs. price of ₹1,221.90 (75.2% below fair value)
  • GF Score™: 76/100 with 5 warning signs

No single metric tells the full story. See the NSE:ORIANA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Oriana Power Business Description

Address Sector 125, Third Floor, Plot No 19 and 20, Gautam Buddha Nagar, Amity University Dadri, Noida, UP, IND, 201313
Oriana Power Ltd is engaged across the renewable energy value chain, including solar power projects engineering, procurement, and construction (EPC), power generation, compressed bio-gas, battery energy storage systems (BESS), green hydrogen, and e-fuels, as well as leasing, operation, and maintenance services. It also undertakes the construction, installation, and maintenance of related power infrastructure, such as power stations, cables, and lines. Its business operations are mainly divided into two segments: EPC Segment includes Engineering, Procurement and Construction of renewable energy projects; and Resco Segment comprises the Generation and sale of power under the Renewable Energy Service Company model. The group generates the majority of revenue from the EPC Segment.
76GF Score

Get the complete analysis for NSE:ORIANA

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,221.90
Price
₹4,922.97
GF Value