Olectra Greentech Ltd

Olectra Greentec Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Olectra Greentech Ltd

₹ 1,180 -3.89%
29 May - close price
olectra.com BSE: 532439 NSE: OLECTRA
About

Olectra Greentech Limited was incorporated in 2000 . The Company is primarily engaged in the manufacturing of composite polymer insulators and electrical buses. Its registered office is in Hyderabad. [1] [2]

Key Points

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]

Website BSE NSE
  • Market Cap ₹ 9,686 Cr.
  • Current Price ₹ 1,180
  • High / Low ₹ 1,714 / 867
  • Stock P/E 56.0
  • Book Value ₹ 149
  • Dividend Yield 0.03 %
  • ROCE 20.9 %
  • ROE 15.2 %
  • Face Value ₹ 4.00
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Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 69.8% CAGR over last 5 years
  • Company's median sales growth is 45.1% of last 10 years
  • Company's working capital requirements have reduced from 102 days to 76.0 days

Cons

  • Stock is trading at 7.90 times its book value
  • Company has a low return on equity of 12.9% over last 3 years.
  • Company has high debtors of 157 days.

* 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 Passenger Cars & Utility Vehicles

Part of BSE 500 Nifty 500 Nifty500 Shariah BSE Consumer Discretionary BSE 250 SmallCap Index

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
368 206 298 332 278 304 514 507 438 338 647 654 635
320 169 257 285 247 264 434 430 386 294 559 566 537
Operating Profit 48 37 41 47 31 41 80 77 52 44 88 89 99
OPM % 13% 18% 14% 14% 11% 13% 16% 15% 12% 13% 14% 14% 16%
1 2 3 3 5 3 3 2 4 5 4 3 1
Interest 8 7 9 13 13 9 11 11 16 11 13 19 16
Depreciation 7 7 7 7 7 7 7 7 8 8 9 9 11
Profit before tax 34 25 28 30 16 28 65 61 32 30 71 64 72
Tax % 19% 25% 25% 26% 26% 26% 26% 24% 25% 26% 26% 26% 30%
28 19 21 22 12 21 48 46 24 22 53 47 51
EPS in Rs 3.39 2.28 2.56 2.71 1.42 2.53 5.87 5.64 2.96 2.73 6.43 5.74 6.16
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
92 93 105 161 290 396 277 585 1,134 1,114 1,763 2,274
75 75 85 148 304 386 256 505 997 958 1,511 1,954
Operating Profit 17 18 20 14 -14 9 21 81 137 156 252 320
OPM % 18% 20% 19% 9% -5% 2% 8% 14% 12% 14% 14% 14%
1 1 1 7 15 27 11 5 11 12 10 14
Interest 6 6 6 6 15 14 7 9 31 42 47 59
Depreciation 6 5 2 3 6 9 9 25 26 27 29 37
Profit before tax 6 8 13 12 -20 13 16 52 91 99 186 237
Tax % 23% 29% 36% 25% -31% 20% 24% 31% 22% 25% 25% 27%
5 6 8 9 -14 11 12 36 71 74 140 173
EPS in Rs 1.36 1.61 2.33 1.77 -1.71 1.30 1.49 4.35 8.61 8.97 17.00 21.06
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 9% 5% 4% 2% 0%
Compounded Sales Growth
10 Years: 38%
5 Years: 52%
3 Years: 26%
TTM: 29%
Compounded Profit Growth
10 Years: 39%
5 Years: 70%
3 Years: 35%
TTM: 23%
Stock Price CAGR
10 Years: 52%
5 Years: 47%
3 Years: 16%
1 Year: -4%
Return on Equity
10 Years: 8%
5 Years: 11%
3 Years: 13%
Last Year: 15%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 14 14 14 20 32 33 33 33 33 33 33 33
Reserves 66 72 52 178 673 699 711 748 816 886 1,023 1,193
45 55 65 72 24 30 8 66 69 58 208 348
34 29 32 45 137 137 153 320 585 551 862 950
Total Liabilities 160 170 163 315 867 899 906 1,167 1,503 1,528 2,125 2,524
79 76 61 72 102 106 249 289 274 255 288 514
CWIP 9 9 11 6 0 0 0 1 4 72 187 82
Investments 6 6 0 0 107 0 32 32 35 42 105 123
66 79 91 237 658 793 624 844 1,190 1,159 1,545 1,804
Total Assets 160 170 163 315 867 899 906 1,167 1,503 1,528 2,125 2,524

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
3 -14 -9 -107 -201 -186 240 120 2 127 129
5 5 -6 -19 -236 166 -209 -162 13 -76 -231
-5 10 15 126 458 0 -22 49 -28 -53 102
Net Cash Flow 3 0 0 0 20 -19 9 7 -13 -2 0
Free Cash Flow 7 -11 -14 -116 -231 -191 80 55 -12 51 -48
CFO/OP 23% -62% -23% -724% 1,453% -2,012% 1,162% 152% 14% 100% 57%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 137 175 126 199 233 331 343 229 202 167 143 157
Inventory Days 106 107 128 209 173 102 127 51 59 96 79 51
Days Payable 120 101 72 90 183 134 211 209 182 173 181 153
Cash Conversion Cycle 122 181 183 317 223 299 259 70 79 91 41 56
Working Capital Days 7 94 -86 198 410 485 425 167 118 135 95 76
ROCE % 10% 11% 14% 9% -1% 4% 3% 8% 14% 15% 21% 21%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Electric Vehicles Sold (Buses & Tippers)
Numbers

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EV Order Book (Buses)
Numbers
Insulators Sales Volume
Nos.
Cumulative Distance Covered (E-Buses)
Crore Kms
Annual EV Assembly Capacity
Units per year

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
50.02% 50.02% 50.02% 50.02% 50.02% 50.02% 50.02% 50.02% 50.02% 50.02% 50.02% 50.02%
8.55% 8.01% 7.78% 8.58% 7.61% 5.64% 5.69% 5.38% 5.66% 7.04% 6.90% 7.11%
0.11% 0.14% 0.15% 0.18% 0.19% 0.28% 0.31% 0.45% 0.48% 0.69% 0.82% 0.68%
41.33% 41.84% 42.04% 41.24% 42.19% 44.08% 44.00% 44.16% 43.84% 42.25% 42.28% 42.20%
No. of Shareholders 1,98,0353,42,9553,59,0834,33,0124,83,1625,01,2804,99,7365,24,7835,22,2814,60,1344,53,1104,56,911

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls