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Oriana Power (NSE:ORIANA) 3-Year RORE % : 52.30% (As of Mar. 2023)


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What is Oriana Power 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Oriana Power's 3-Year RORE % for the quarter that ended in Mar. 2023 was 52.30%.

The industry rank for Oriana Power's 3-Year RORE % or its related term are showing as below:

NSE:ORIANA's 3-Year RORE % is ranked better than
77.1% of 393 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.29 vs NSE:ORIANA: 52.30

Oriana Power 3-Year RORE % Historical Data

The historical data trend for Oriana Power's 3-Year RORE % 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.

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Oriana Power 3-Year RORE % Chart

Oriana Power Annual Data
Trend Mar21 Mar22 Mar23
3-Year RORE %
- - 52.30

Oriana Power Semi-Annual Data
Mar21 Mar22 Mar23
3-Year RORE % - - 52.30

Competitive Comparison of Oriana Power's 3-Year RORE %

For the Utilities - Renewable subindustry, Oriana Power's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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's 3-Year RORE % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Oriana Power's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Oriana Power's 3-Year RORE % falls into.



Oriana Power 3-Year RORE % Calculation

Oriana Power's 3-Year RORE % for the quarter that ended in Mar. 2023 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 5.698-0.539 )/( 9.864-0 )
=5.159/9.864
=52.30 %

* 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.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2023 and 3-year before.


Oriana Power  (NSE:ORIANA) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Oriana Power 3-Year RORE % Related Terms

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Oriana Power (NSE:ORIANA) Business Description

Traded in Other Exchanges
N/A
Address
First Floor C-103 Sector-2, Noida Gautam Buddha Nagar, Noida, Ghaziabad, UP, IND, 201301
Oriana Power Ltd is a company that specializes in providing solar energy solutions to industrial and commercial customers. It offers low-carbon energy solutions by installing on-site solar projects such as rooftop and ground-mounted systems, as well as off-site solar farms i.e. Open access. Its business operations are primarily divided into two segments: Capital Expenditure (CAPEX) and Renewable Energy Service Company (RESCO). Under the CAPEX model, it offers Engineering, Procurement, construction, and operation of solar projects. Under CAPEX Model it has delivered projects with a capacity exceeding 100 MWp across various locations across India.

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