OPG Power Ventures (OPG) AI Stock Analysis

• Market Cap: £21.64M
• Dividend Yield: N/A
• Average Volume (3M): 2.62M
• Price to Earnings (P/E): 15.0
• Beta (1Y): -0.02
• Revenue Growth: 0.68%
• EPS Growth: -64.71%
• Country: UK
• Employees: 339
• Sector: Utilities
• Sector Strength: 65
• Industry: Independent Power Producers
• EPS (TTM): N/A
• Shares Outstanding: 400,733,500
• 10 Day Avg. Volume: 3,958,057
• 30 Day Avg. Volume: 2,615,151
• PEG Ratio: -0.22
• Price to Book (P/B): 0.12
• Price to Sales (P/S): 0.13
• P/FCF Ratio: 1.07
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 56 Neutral
• Price Target: 6.00p ▲(11.11% Upside)

The overall stock score of 56 reflects a challenging financial performance with declining revenue and profitability, offset by strong cash flow generation and a stable balance sheet. Technical analysis indicates bearish momentum, while valuation is reasonable. Positive corporate events, such as a new power supply agreement and share buyback, provide some optimism, but increased coal costs pose a risk.

Positive Factors

Cash Generation Ability

Strong cash generation enhances financial flexibility, enabling the company to invest in new projects and manage debt effectively.

Balance Sheet Health

Low leverage indicates conservative financial management, reducing risk and providing stability in volatile market conditions.

Strategic Partnerships

Partnerships provide competitive advantages in securing favorable regulatory conditions and financing, supporting long-term growth.

Negative Factors

Declining Revenue

Declining revenue growth indicates potential challenges in market demand or competitive pressures, impacting future profitability.

Low Profitability Margins

Low profitability margins suggest operational inefficiencies, which could hinder the company's ability to reinvest in growth.

Operational Inefficiencies

Declining EBIT and EBITDA margins indicate inefficiencies that may reduce competitiveness and long-term financial health.

OPG Power Ventures Business Overview & Revenue Model

Company Description

OPG Power Ventures Plc, together with its subsidiaries, develops, owns, operates, and maintains private sector power projects in India. It operates thermal and solar power plants. The company primarily sells electric power to public sector undertakings and heavy industrial companies. OPG Power Ventures Plc was incorporated in 2008 and is based in Chennai, India.

How the Company Makes Money

OPG generates revenue primarily through the sale of electricity produced from its power generation assets. The company operates a diversified portfolio of power plants, which allows it to capitalize on various energy markets. Key revenue streams include long-term power purchase agreements (PPAs) with utility companies and commercial consumers, which ensure stable cash flows. Additionally, OPG may benefit from selling excess electricity on the spot market when demand exceeds supply. Strategic partnerships with other energy firms and participation in government-sponsored renewable energy initiatives also contribute to revenue growth, as they provide access to funding, technology, and resources that enhance operational capacity.

OPG Power Ventures Financial Statement Overview

Summary

OPG Power Ventures shows a mixed financial performance. The income statement indicates declining revenue and low profitability margins, with a negative revenue growth rate and reduced gross and net profit margins. However, the balance sheet is stable with low leverage, and cash flow generation is strong, showing significant growth and efficient cash conversion.

Income Statement

The income statement shows declining revenue growth with a negative rate of -9.24% in the latest period, indicating a challenging market environment. Gross profit margin has decreased to 15.44%, and net profit margin is low at 0.90%, reflecting reduced profitability. EBIT and EBITDA margins have also declined, suggesting operational inefficiencies.

Balance Sheet

The balance sheet reflects a stable financial position with a low debt-to-equity ratio of 0.064, indicating conservative leverage. However, return on equity is modest at 0.86%, suggesting limited profitability from equity investments. The equity ratio is strong, highlighting a solid capital structure.

Cash Flow

Cash flow analysis reveals a strong free cash flow growth rate of 43.66%, indicating improved cash generation capabilities. The operating cash flow to net income ratio is healthy at 0.65, and free cash flow to net income ratio is robust at 0.84, demonstrating efficient cash conversion.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	156.74M	156.74M	155.69M	155.69M	58.68M	80.07M
Gross Profit	24.20M	24.20M	27.67M	22.15M	10.72M	18.23M
EBITDA	17.03M	17.04M	17.65M	18.40M	19.53M	23.30M
Net Income	1.41M	1.41M	4.11M	4.11M	7.25M	5.99M
Balance Sheet
Total Assets	229.47M	229.47M	272.94M	253.78M	256.06M	255.50M
Cash, Cash Equivalents and Short-Term Investments	15.35M	15.35M	21.61M	8.11M	25.96M	22.17M
Total Debt	10.48M	10.48M	28.64M	32.60M	43.29M	46.61M
Total Liabilities	64.61M	64.61M	102.46M	82.15M	85.99M	93.93M
Stockholders Equity	164.85M	164.85M	170.47M	170.76M	169.19M	160.69M
Cash Flow
Free Cash Flow	20.47M	18.77M	17.27M	-2.33M	12.80M	39.66M
Operating Cash Flow	24.03M	22.33M	20.83M	-1.22M	16.33M	40.17M
Investing Cash Flow	9.19M	9.19M	-229.71K	13.37M	-9.22M	-29.55M
Financing Cash Flow	-24.25M	-24.25M	-9.53M	-16.61M	-8.44M	-11.77M

OPG Power Ventures Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 5.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:OPG, the sentiment is Neutral. The current price of 5.4 is above the 20-day moving average (MA) of 5.35, below the 50-day MA of 5.61, and below the 200-day MA of 6.15, indicating a neutral trend. The MACD of -0.11 indicates Negative momentum. The RSI at 49.50 is Neutral, neither overbought nor oversold. The STOCH value of 69.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:OPG.

OPG Power Ventures Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
AMP	58 Neutral	£21.68M	-1.13	-68.06%	―	-60.76%	-230.39%
OPG	56 Neutral	£21.64M	15.00	0.86%	―	0.68%	-64.71%

OPG Power Ventures Corporate Events

OPG Power Ventures Secures 160 MW Power Supply Agreement

OPG Power Ventures has announced the execution of a power purchase agreement with Tamil Nadu Power Distribution Corporation Limited for the supply of 160 MW of electricity at a tariff of Rs 5.558 per kWh over a five-year term. This agreement, approved by the Tamil Nadu Electricity Regulatory Commission, is expected to commence electricity supply from February 2026, enhancing OPG’s operational footprint in the Indian power sector.

OPG Power Ventures Passes AGM Resolutions and Announces Share Buyback Details

OPG Power Ventures plc announced that all resolutions proposed at its Annual General Meeting were passed, including those related to share buyback and capital reduction. The company reminded shareholders of the upcoming deadlines for the Share Buyback Offer, which closes on December 12, 2025, and provided a detailed timetable for the buyback process and the cancellation of its shares from trading on AIM.

OPG Power Ventures Updates Share Buyback Offer Ahead of AGM

OPG Power Ventures plc has announced an update on its Share Buyback Offer, which is part of a series of proposals to be discussed at the upcoming Annual General Meeting. The company plans to return up to £9.9 million to shareholders by buying back up to 157.7 million shares, representing 39.4% of existing shares. This move is intended to avoid a potential concentration of ownership by the Family Concert Party. The Board recommends shareholders vote in favor of the proposals, which they believe are in the best interests of the company.

Talisman 37 Limited Sells Entire Stake in OPG Power Ventures

OPG Power Ventures Plc announced that Talisman 37 Limited has sold its entire shareholding of 40,100,000 Ordinary Shares, representing 10% of the company’s issued share capital. This transaction leaves Talisman with no remaining shares in OPG, which could impact the company’s shareholder structure and market perception.

OPG Power Ventures Secures Potential 160MW Power Supply Deal in Tamil Nadu

OPG Power Ventures plc has received a letter of award from Tamil Nadu Power Distribution Corporation Limited for a potential power purchase agreement to supply 160MW of electricity over five years. The agreement is pending regulatory approval and is expected to commence in February 2026, marking a significant step in OPG’s operational expansion.

OPG Power Ventures Announces £11.41 Million Share Buyback and AIM Delisting

OPG Power Ventures has announced a proposed share buyback offer worth approximately £11.41 million, targeting up to 45.42% of its existing ordinary shares. The company also plans to cancel the admission of its ordinary shares to trading on AIM and adopt new articles of association. The buyback offer is conditional on shareholder approval at the upcoming Annual General Meeting, and the company has recommended shareholders vote in favor of the resolutions. The move is seen as a strategic decision to return cash to shareholders and streamline the company’s operations.

OPG Power Ventures Faces Increased Costs Due to GST Rate Hike on Coal

OPG Power Ventures plc announced a significant change in the GST rate on coal in India, which will increase from 5% to 18% effective 22 September 2025. This change, along with the abolishment of the ₹400 per tonne compensation cess, is expected to increase the annual coal costs for OPG by approximately £2.5 million. The increase in GST will affect thermal power plants using imported coal, as they will see a rise in generation costs, impacting the company’s operational expenses and potentially affecting its market positioning.