Oriana Power (NSE:ORIANA) ROIC %: 17.18% (As of Mar. 2026)

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NSE:ORIANA Oriana Power Ltd NSE:ORIANA
77 GF Score
Price ₹1,192.05
GF Value ₹4,893.15
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Oriana Power ROIC %?

Oriana Power NSE:ORIANA -0.20% 77 ROIC % is 17.18% as of Mar. 2026. GuruFocus rates NSE:ORIANA with a GF Score™ of 77/100 and a GF Value™ of ₹4,893.15 (Significantly Undervalued). The stock has 5 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Oriana Power's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 17.18%.

As of today (2026-08-22), Oriana Power's WACC % is 18.26%. Oriana Power's ROIC % is 18.56% (calculated using TTM income statement data). Oriana Power generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Oriana Power  (NSE:ORIANA) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Oriana Power's WACC % is 18.26%. Oriana Power's ROIC % is 18.56% (calculated using TTM income statement data). Oriana Power generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Oriana Power ROIC % Related Terms


Oriana Power ROIC % Historical Data

* Premium members only.

The historical data trend for Oriana Power's ROIC % 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 ROIC % Chart

Oriana Power Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROIC %
Get a 7-Day Free Trial 19.93 15.21 28.45 24.76 17.71

Oriana Power Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROIC % Get a 7-Day Free Trial Premium Member Only 34.58 22.40 27.15 21.59 17.18

Oriana Power ROIC % Competitor Comparison

For the Utilities - Renewable subindustry, Oriana Power's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Oriana Power ROIC % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Oriana Power's ROIC % distribution charts can be found below:

* The bar in red indicates where Oriana Power's ROIC % falls into.


NSE:ORIANA
77GF Score
Oriana Power Ltd NSE:ORIANA
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Oriana Power ROIC % Calculation

Oriana Power's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROIC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=3822.591 * ( 1 - 27.29% )/( (10770.786 + 20623.891)/ 2 )
=2779.4059161/15697.3385
=17.71 %

where

Invested Capital(A: Mar. 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))
=13629.378 - 2173.346 - ( 685.246 - max(0, 6242.383 - 9149.622+685.246))
=10770.786

Invested Capital(A: 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

Oriana Power's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (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. The tax rate is limited to between 0% and 100%.

* 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 ROIC % →
What does a ROIC % of 17.18% mean?
Oriana Power (NSE:ORIANA) has a ROIC % of 17.18% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Oriana Power and its competitors.
Is Oriana Power's ROIC % too high?
Oriana Power's current ROIC % is 17.18%. The Utilities - Independent Power Producers industry median ROIC % is 2.33. Oriana Power's value of 17.18% is 638.9% above this industry median. Overall, Oriana Power has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Oriana Power's ROIC % compare to competitors?
Oriana Power's ROIC % of 17.18% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROIC % is 2.33. Oriana Power's value of 17.18% is 638.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for an Utilities - Independent Power Producers company?
The median ROIC % among Utilities - Independent Power Producers companies is 2.33, based on 436 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Oriana Power's current ROIC % of 17.18% is 638.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Oriana Power and its competitors. For the Utilities - Independent Power Producers industry, the median ROIC % is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oriana Power's current ROIC % is 17.18%. 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 ₹4,893.15, compared to a current price of ₹1,192.05 — trading 75.6% below its estimated fair value. The current ROIC % is 17.18% and 638.9% above the Utilities - Independent Power Producers industry median of 2.33. Oriana Power's overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Oriana Power (NSE:ORIANA), the current ROIC % is 17.18% 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 ₹1,192.05 is trading 75.6% below its estimated GF Value™ of ₹4,893.15. GuruFocus considers Oriana Power to be Significantly Undervalued.

Key valuation signals for NSE:ORIANA:

  • ROIC %: 17.18%
  • GF Value™: ₹4,893.15 vs. price of ₹1,192.05 (75.6% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 638.9% above the Utilities - Independent Power Producers median

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.
77GF Score

Get the complete analysis for NSE:ORIANA

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

₹1,192.05
Price
₹4,893.15
GF Value