Ola Electric Mobility Ltd
Founded in 2017, Ola Electric Mobility Limited is an electric vehicle company that primarily manufactures electric vehicles and core components for electric vehicles. These components include battery packs, motors, and vehicle frames, all produced at the Ola Futurefactory.[1]
- Market Cap ₹ 27,330 Cr.
- Current Price ₹ 62.0
- High / Low ₹ 124 / 39.6
- Stock P/E
- Book Value ₹ 11.7
- Dividend Yield 0.00 %
- ROCE -28.1 %
- ROE -108 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 5.31 times its book value
- Company has low interest coverage ratio.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Automobile and Auto Components Automobiles 2/3 Wheelers
Part of BSE 500 Nifty 500 BSE MidCap Nifty Midcap 100 Nifty 200
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|
1 | 373 | 2,631 | 5,010 | 4,514 | 3,698 | |
278 | 1,174 | 3,883 | 6,275 | 6,249 | 5,469 | |
Operating Profit | -277 | -800 | -1,252 | -1,265 | -1,735 | -1,771 |
OPM % | -32,228% | -214% | -48% | -25% | -38% | -48% |
98 | 83 | 55 | 225 | 391 | 412 | |
Interest | 1 | 18 | 108 | 186 | 366 | 393 |
Depreciation | 20 | 49 | 167 | 358 | 566 | 605 |
Profit before tax | -199 | -784 | -1,472 | -1,584 | -2,276 | -2,357 |
Tax % | 0% | 0% | 0% | 0% | 0% | |
-199 | -784 | -1,472 | -1,584 | -2,276 | -2,357 | |
EPS in Rs | -199,230.00 | -4.01 | -7.53 | -8.10 | -5.16 | -5.34 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 130% |
TTM: | -32% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -44% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -45% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | -108% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
Equity Capital | 0.01 | 1,955 | 1,955 | 1,955 | 4,411 |
Reserves | 1,971 | -98 | -1,409 | -2,909 | 732 |
42 | 2,608 | 3,505 | 5,684 | 3,556 | |
100 | 931 | 1,521 | 3,005 | 2,376 | |
Total Liabilities | 2,113 | 5,396 | 5,573 | 7,735 | 11,075 |
104 | 1,025 | 1,219 | 2,492 | 3,154 | |
CWIP | 43 | 83 | 507 | 712 | 702 |
Investments | 455 | 1,102 | 276 | 64 | 40 |
1,510 | 3,186 | 3,571 | 4,467 | 7,179 | |
Total Assets | 2,113 | 5,396 | 5,573 | 7,735 | 11,075 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
-252 | -885 | -1,507 | -633 | -2,391 | |
549 | -1,322 | -319 | -1,136 | -2,864 | |
3 | 3,085 | 659 | 1,590 | 5,429 | |
Net Cash Flow | 300 | 878 | -1,167 | -179 | 174 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
Debtor Days | 161 | 15 | 12 | 12 | 1 |
Inventory Days | 216 | 83 | 58 | 77 | |
Days Payable | 271 | 98 | 112 | 94 | |
Cash Conversion Cycle | 161 | -40 | -4 | -43 | -16 |
Working Capital Days | -37,922 | -249 | -93 | -120 | -33 |
ROCE % | -24% | -30% | -32% | -28% |
Documents
Announcements
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Schedule Of Proposed Participation In Investor / Analyst Meetings
30 Aug - Investor/analyst meetings Sep 3-5 and Sep 12, 2025 in Bengaluru, Hong Kong and Pochampalli (site visit).
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
26 Aug - PLI-certified Gen2/Gen3 scooters; eligible for 13–18% DSV incentives until 2028; profitability to improve from Q2 FY26.
- Shareholder Meeting / Postal Ballot-Voting Results 23 Aug
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Appointment Of Secretarial Auditor
23 Aug - Appointed BMP & Co. LLP as secretarial auditors Apr 1, 2025–Mar 31, 2030; approved Aug 22, 2025.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 22 Aug
Concalls
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Jul 2025Transcript PPT
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May 2025Transcript PPT REC
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May 2025TranscriptNotesPPTREC
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Apr 2025TranscriptNotesPPT
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT REC
Market Leadership[1]
Ola is the largest electric two-wheeler (E2W) manufacturer in India, with a market share of 19.6% in Q1 FY26 and deliveries of 68,192 units during the quarter.