Olectra Greentech Ltd

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

Olectra Greentech Ltd

₹ 1,194 -0.75%
04 Oct - close price
olectra.com BSE: 532439 NSE : OLECTRA
About

Olectra Greentech Limited was incorporated in 1992. 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]
As on FY22,
Electric Bus (82% of the revenue)
Composite Polymer Insulators (18% of the revenue)

Website BSE NSE
  • Market Cap ₹ 9,801 Cr.
  • Current Price ₹ 1,194
  • High / Low ₹ 1,465 / 374
  • Stock P/E 147
  • Book Value ₹ 102
  • Dividend Yield 0.03 %
  • ROCE 13.3 %
  • ROE 8.11 %
  • Face Value ₹ 4.00
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Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 49.1% CAGR over last 5 years
  • Company's working capital requirements have reduced from 239 days to 147 days

Cons

  • Stock is trading at 11.7 times its book value
  • Company has a low return on equity of 4.84% over last 3 years.
  • Company has high debtors of 211 days.
  • Company's cost of borrowing seems high
  • Promoter holding has decreased over last 3 years: -11.5%

* 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

Sector: Automobile Industry: Automobiles - LCVs / HCVs

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023
22 50 61 148 42 71 208 271 281 177 256 376 216
29 47 55 130 33 56 180 239 245 157 221 326 176
Operating Profit -6 3 6 18 9 15 29 32 36 20 35 50 40
OPM % -29% 6% 10% 12% 21% 21% 14% 12% 13% 11% 14% 13% 19%
4 3 3 2 2 -1 2 4 3 6 2 2 1
Interest 2 2 2 2 2 1 2 4 8 7 8 8 7
Depreciation 3 3 3 5 7 7 7 8 8 8 8 9 9
Profit before tax -7 1 4 13 2 6 21 24 23 11 20 35 25
Tax % 32% 40% 28% 27% 26% 37% 39% 26% 27% 33% 25% 22% 28%
-5 1 3 10 1 4 13 18 17 7 15 28 18
EPS in Rs -0.62 0.06 0.36 1.18 0.16 0.44 1.54 2.16 2.03 0.92 1.75 3.29 2.20
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
60 70 80 92 93 105 161 170 201 281 593 1,091 1,026
51 59 69 75 75 85 148 185 195 261 509 949 880
Operating Profit 9 11 11 17 18 20 14 -15 5 20 85 141 145
OPM % 15% 15% 14% 18% 20% 19% 9% -9% 3% 7% 14% 13% 14%
1 1 0 1 1 1 7 15 44 11 6 13 11
Interest 5 6 6 6 6 6 6 15 14 8 9 31 30
Depreciation 3 2 2 6 5 2 3 7 18 13 29 33 35
Profit before tax 2 3 3 6 8 13 12 -22 17 11 52 89 92
Tax % 20% 34% 31% 23% 29% 36% 25% 28% 22% 26% 32% 25%
2 2 2 5 6 8 9 -16 14 8 35 67 68
EPS in Rs 0.53 0.56 0.59 1.37 1.61 2.33 1.77 -1.99 1.65 0.98 4.31 7.99 8.16
Dividend Payout % 38% 0% 0% 0% 0% 0% 0% 0% 0% 0% 9% 5%
Compounded Sales Growth
10 Years: 32%
5 Years: 47%
3 Years: 76%
TTM: 23%
Compounded Profit Growth
10 Years: 41%
5 Years: 49%
3 Years: 200%
TTM: 28%
Stock Price CAGR
10 Years: 61%
5 Years: 42%
3 Years: 166%
1 Year: 100%
Return on Equity
10 Years: 3%
5 Years: 3%
3 Years: 5%
Last Year: 8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
14 14 14 14 14 14 20 32 33 33 33 33
Reserves 59 60 62 66 72 52 167 626 660 708 744 807
38 39 52 45 55 65 72 24 30 8 67 134
35 35 30 38 33 32 55 181 259 185 346 583
Total Liabilities 146 148 158 164 174 163 315 863 981 934 1,190 1,557
82 82 84 79 76 61 72 173 151 290 325 356
CWIP 19 20 19 19 19 11 6 0 0 0 3 4
Investments 0 0 0 0 0 0 0 102 0 0 0 2
45 46 55 66 79 91 237 589 831 645 862 1,195
Total Assets 146 148 158 164 174 163 315 863 981 934 1,190 1,557

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
20 -3 0 5 -14 -9 -107 -130 -219 209 121 -10
-25 2 0 5 5 -6 -19 -307 199 -177 -164 -38
9 -1 0 -6 10 15 126 457 0 -22 50 35
Net Cash Flow 3 -2 0 3 0 0 0 20 -19 10 7 -13

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 117 96 119 137 175 126 199 195 658 342 225 211
Inventory Days 125 137 123 106 107 128 209 319 274 127 51 63
Days Payable 147 128 114 142 123 72 90 339 645 284 235 195
Cash Conversion Cycle 95 105 127 101 158 183 317 175 288 185 40 79
Working Capital Days 100 102 115 96 166 122 340 588 906 404 166 147
ROCE % 6% 8% 8% 10% 11% 14% 9% -2% 2% 2% 8% 13%

Shareholding Pattern

Numbers in percentages

33 Recently
Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023
61.31% 59.02% 55.67% 55.61% 51.74% 51.62% 50.02% 50.02% 50.02% 50.02% 50.02% 50.02%
3.06% 3.16% 3.01% 3.13% 8.65% 9.13% 8.75% 9.02% 10.41% 9.44% 9.03% 8.55%
0.04% 0.05% 0.04% 0.80% 0.08% 0.03% 0.04% 0.03% 0.04% 0.09% 0.11% 0.11%
35.59% 37.77% 41.28% 40.46% 39.53% 39.22% 41.20% 40.93% 39.54% 40.45% 40.85% 41.33%
No. of Shareholders 19,55525,81742,20446,26459,58394,0181,18,7171,29,4481,32,5671,43,7071,60,7961,98,035

* 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.

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