Olectra Greentech Ltd
₹ 1,239
-0.33%
03 Jun
- close price
- Market Cap ₹ 10,172 Cr.
- Current Price ₹ 1,239
- High / Low ₹ 1,960 / 974
- Stock P/E 72.9
- Book Value ₹ 129
- Dividend Yield 0.03 %
- ROCE 20.8 %
- ROE 14.1 %
- Face Value ₹ 4.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 69.9% CAGR over last 5 years
- Company's median sales growth is 36.2% of last 10 years
Cons
- Stock is trading at 9.64 times its book value
- Company has a low return on equity of 10.6% over last 3 years.
- Company's cost of borrowing seems high
* 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.
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Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
80 | 92 | 93 | 105 | 161 | 290 | 396 | 277 | 585 | 1,134 | 1,114 | 1,763 | |
69 | 75 | 75 | 85 | 148 | 304 | 386 | 256 | 505 | 997 | 958 | 1,513 | |
Operating Profit | 11 | 17 | 18 | 20 | 14 | -14 | 9 | 21 | 81 | 137 | 156 | 250 |
OPM % | 14% | 18% | 20% | 19% | 9% | -5% | 2% | 8% | 14% | 12% | 14% | 14% |
0 | 1 | 1 | 1 | 7 | 15 | 27 | 11 | 5 | 11 | 12 | 12 | |
Interest | 6 | 6 | 6 | 6 | 6 | 15 | 14 | 7 | 9 | 31 | 42 | 47 |
Depreciation | 2 | 6 | 5 | 2 | 3 | 6 | 9 | 9 | 25 | 26 | 27 | 29 |
Profit before tax | 3 | 6 | 8 | 13 | 12 | -20 | 13 | 16 | 52 | 91 | 99 | 186 |
Tax % | 31% | 23% | 29% | 36% | 25% | -31% | 20% | 24% | 31% | 22% | 25% | 25% |
2 | 5 | 6 | 8 | 9 | -14 | 11 | 12 | 36 | 71 | 74 | 140 | |
EPS in Rs | 0.59 | 1.36 | 1.61 | 2.33 | 1.77 | -1.71 | 1.30 | 1.49 | 4.35 | 8.61 | 8.97 | 17.00 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 9% | 5% | 4% | 2% |
Compounded Sales Growth | |
---|---|
10 Years: | 34% |
5 Years: | 35% |
3 Years: | 44% |
TTM: | 58% |
Compounded Profit Growth | |
---|---|
10 Years: | 39% |
5 Years: | 70% |
3 Years: | 55% |
TTM: | 89% |
Stock Price CAGR | |
---|---|
10 Years: | 56% |
5 Years: | 80% |
3 Years: | 25% |
1 Year: | -24% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 8% |
3 Years: | 11% |
Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14 | 14 | 14 | 14 | 20 | 32 | 33 | 33 | 33 | 33 | 33 | 33 |
Reserves | 62 | 66 | 72 | 52 | 178 | 673 | 699 | 711 | 748 | 816 | 886 | 1,023 |
50 | 45 | 55 | 65 | 72 | 24 | 30 | 8 | 66 | 69 | 58 | 208 | |
27 | 34 | 29 | 32 | 45 | 137 | 137 | 153 | 320 | 585 | 551 | 862 | |
Total Liabilities | 154 | 160 | 170 | 163 | 315 | 867 | 899 | 906 | 1,167 | 1,503 | 1,528 | 2,125 |
84 | 79 | 76 | 61 | 72 | 102 | 106 | 249 | 289 | 274 | 255 | 288 | |
CWIP | 9 | 9 | 9 | 11 | 6 | 0 | 0 | 0 | 1 | 4 | 72 | 187 |
Investments | 6 | 6 | 6 | 0 | 0 | 107 | 0 | 32 | 32 | 35 | 42 | 105 |
55 | 66 | 79 | 91 | 237 | 658 | 793 | 624 | 844 | 1,190 | 1,159 | 1,545 | |
Total Assets | 154 | 160 | 170 | 163 | 315 | 867 | 899 | 906 | 1,167 | 1,503 | 1,528 | 2,125 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-4 | 3 | -14 | -9 | -107 | -201 | -186 | 240 | 120 | 2 | 127 | 129 | |
0 | 5 | 5 | -6 | -19 | -236 | 166 | -209 | -162 | 13 | -76 | -231 | |
5 | -5 | 10 | 15 | 126 | 458 | 0 | -22 | 49 | -28 | -53 | 102 | |
Net Cash Flow | 1 | 3 | 0 | 0 | 0 | 20 | -19 | 9 | 7 | -13 | -2 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 119 | 137 | 175 | 126 | 199 | 233 | 331 | 343 | 229 | 202 | 167 | 143 |
Inventory Days | 123 | 106 | 107 | 128 | 209 | 173 | 102 | 127 | 51 | 59 | 96 | 79 |
Days Payable | 100 | 120 | 101 | 72 | 90 | 183 | 134 | 211 | 209 | 182 | 173 | 181 |
Cash Conversion Cycle | 142 | 122 | 181 | 183 | 317 | 223 | 299 | 259 | 70 | 79 | 91 | 41 |
Working Capital Days | 126 | 111 | 181 | 122 | 340 | 436 | 503 | 430 | 176 | 137 | 152 | 109 |
ROCE % | 8% | 10% | 11% | 14% | 9% | -1% | 4% | 3% | 8% | 14% | 15% | 21% |
Documents
Announcements
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Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirement) Regulations, 2015 About Reduction In Number Of Buses Which Have Been Awarded By TSRTC.
31 May - TSRTC reduces inter-city bus order from 50 to 10; 40 buses withdrawn, 10 delivered.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
28 May - Audio recording of FY25 audited financial results conference call released.
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Announcement under Regulation 30 (LODR)-Investor Presentation
28 May - Olectra Greentech Limited has submitted the Investor Presentation to be made to Analyst/Investors on the Audited Financial Results of the company for the year ended …
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Compliances-Reg.24(A)-Annual Secretarial Compliance
27 May - Annual Secretarial Compliance Report for FY ended 31 March 2025 submitted; no violations or actions reported.
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Rumour verification - Regulation 30(11)
27 May - Olectra denies cancellation of Rs 10,000-cr Maharashtra e-bus order; SPV has no cancellation notice.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
from bse
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Financial Year 2019
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from nse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2012
from nse
Concalls
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May 2025TranscriptNotesPPT
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Feb 2025TranscriptPPTREC
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Oct 2024Transcript PPT REC
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Aug 2024Transcript PPT REC
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May 2024Transcript PPT REC
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Feb 2024Transcript PPT REC
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT REC
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May 2023Transcript PPT
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Jan 2023TranscriptPPT
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Nov 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Sep 2021TranscriptNotesPPT
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Sep 2021TranscriptNotesPPT
Business Segments
1) E-Vehicle Division (91% in 9M FY25 vs 82% in FY22): [1] The company is India’s largest pure electric bus manufacturer, offering e-bus models like 7m, 9m, and 12m, including inter-city coach variants. It is broadening its product portfolio in the e-mobility sector by introducing electric trucks and tippers. [2] [3] As of 9M FY25, the company has delivered about 2,448 electric buses and 51 electric tippers, covering 30+ Cr km across the length and breadth of the country. [4] It serves state and central government bodies across cities like Pune, Mumbai, Hyderabad, and others, including MSRTC, BEST, PMPML, and TSRTC, etc. [3] [5]