oriana power reported a consolidated revenue of INR 1,814 crore for the financial year ended March 31, 2026 (FY26), representing an increase of 83.7% year-over-year. The renewable energy company achieved a profit after tax (PAT) of INR 252.34 crore, which grew 59.1% from the previous year, while maintaining a healthy PAT margin of 13.91%. The financial performance was supported by the delivery of 835+ MW of solar projects and the execution of 1000+ MWh of Battery Energy Storage System (BESS) projects.

Financial Performance

The company's EBITDA stood at INR 425.37 crore, a rise of 73.4% year-over-year. Basic earnings per share (EPS) increased to 124.13 for FY26 from 79.53 in the previous year. On the balance sheet, total assets grew to INR 2,56,326.86 lakh, driven by capital work in progress and inventory expansion. The debt-to-equity ratio stood at 0.67 times for FY26, compared to 0.53 times in FY25, while the current ratio was recorded at 1.4 times.

Strategic Developments

During the year, Oriana Power signed a 10-year binding Green Ammonia Purchase Agreement (GAPA) with the Solar Energy Corporation of India (SECI) for a capacity of 60,000 tonnes per annum. The total contract value for this agreement is estimated to be approximately INR 3,135 crore. Additionally, the company secured Viability Gap Funding (VGF) worth INR 150 crore to strengthen revenue visibility in the BESS segment.

The company entered a strategic partnership with Actis GP LLP for the development of 1 GW of renewable energy assets. This includes a proposed divestment of 238 MW of operational solar assets to Heliact Power India 1 Pvt. Ltd., a group entity of Actis, at an enterprise value of approximately USD 108 million. Oriana Power also signed Memoranda of Understanding (MoU) with the governments of Rajasthan, Madhya Pradesh, and Assam for integrated renewable energy solutions worth INR 10,000 crore, INR 5,000 crore, and INR 500 crore respectively.

Operational Highlights

Oriana Power expanded its global footprint by entering Latin America for a solar project at an international airport in Guyana. The company commissioned its first Inter-State Transmission System (ISTS)-connected solar project at Prayagraj, Uttar Pradesh. It also secured one of the world's largest floating solar installations at Maithon Dam, Jharkhand. The company’s credit rating was upgraded by CRISIL from BBB/Stable to A-/Stable during the year.

Oriana Power Limited will host a virtual analysts and investors meet on June 10, 2026, to engage with the investment community. The session is scheduled to take place between 1:00 PM and 2:00 PM IST. This interaction provides a platform for the company's officials to discuss business updates and operational performance directly with market participants.

The meeting will be conducted virtually, and participants can join via the provided Zoom link. The schedule remains subject to change due to exigencies on the part of the analysts, investors, or the company. Oriana Power clarified that no unpublished price-sensitive information will be shared during these discussions.

Meeting Details

The following table outlines the specific schedule for the upcoming interaction:

The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Tanvi Singh, Company Secretary & Compliance Officer, signed the filing on behalf of Oriana Power Limited.