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 ₹ 23,982 Cr.
- Current Price ₹ 54.4
- High / Low ₹ 102 / 39.6
- Stock P/E
- Book Value ₹ 25.0
- Dividend Yield 0.00 %
- ROCE 0.59 %
- ROE -0.58 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 10.9% over past five years.
- Company has a low return on equity of -0.87% over last 3 years.
- Earnings include an other income of Rs.204 Cr.
- Company has high debtors of 608 days.
- Working capital days have increased from 13,842 days to 39,055 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|
0 | 0 | 2 | 1 | 28 | 170 | 82 | 3 | 3 | |
0 | 8 | 129 | 194 | 328 | 327 | 221 | 140 | 153 | |
Operating Profit | -0 | -8 | -127 | -193 | -300 | -157 | -139 | -137 | -150 |
OPM % | -7,870% | -7,083% | -22,193% | -1,068% | -92% | -170% | -4,567% | -5,000% | |
0 | 2 | 129 | 99 | 85 | 126 | 120 | 192 | 204 | |
Interest | 0 | 0 | 1 | 0 | 0 | 0 | 2 | 92 | 96 |
Depreciation | 0 | 0 | 6 | 9 | 7 | 7 | 6 | 3 | 3 |
Profit before tax | -0 | -6 | -4 | -104 | -223 | -39 | -27 | -40 | -45 |
Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
-0 | -6 | -5 | -104 | -223 | -39 | -27 | -40 | -45 | |
EPS in Rs | -10.00 | -6,080.00 | -4,510.00 | -103,690.00 | -1.14 | -0.20 | -0.14 | -0.09 | -0.10 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | -53% |
TTM: | -81% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -2% |
3 Years: | 22% |
TTM: | -10% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -34% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -3% |
3 Years: | -1% |
Last Year: | -1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 1,955 | 1,955 | 1,955 | 4,411 |
Reserves | -0 | 280 | 2,130 | 2,069 | 561 | 683 | 745 | 6,606 |
0 | 0 | 0 | 3 | 1,804 | 1,810 | 3,378 | 566 | |
0 | 35 | 49 | 80 | 152 | 262 | 119 | 61 | |
Total Liabilities | 0 | 315 | 2,179 | 2,152 | 4,472 | 4,711 | 6,197 | 11,644 |
0 | 22 | 40 | 35 | 33 | 29 | 27 | 27 | |
CWIP | 0 | 0 | 9 | 41 | 32 | 105 | 118 | 4 |
Investments | 0 | 91 | 20 | 589 | 1,962 | 2,614 | 4,024 | 9,012 |
0 | 202 | 2,109 | 1,487 | 2,445 | 1,962 | 2,028 | 2,601 | |
Total Assets | 0 | 315 | 2,179 | 2,152 | 4,472 | 4,711 | 6,197 | 11,644 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
-110 | -184 | -312 | -87 | -312 | -117 | |||
-1,760 | 468 | -1,292 | -1,066 | -1,313 | -5,294 | |||
1,852 | -1 | 2,454 | 56 | 1,566 | 5,410 | |||
Net Cash Flow | -18 | 283 | 851 | -1,097 | -59 | -1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 4 | 34 | 148 | 35 | 392 | 608 | |
Inventory Days | 150 | 84 | 16 | 0 | ||||
Days Payable | 975 | 165 | 177 | |||||
Cash Conversion Cycle | 0 | 4 | 34 | -677 | -46 | 230 | 608 | |
Working Capital Days | -121,728 | 3,919 | -12,003 | 1,551 | 415 | 2,056 | 39,055 | |
ROCE % | -5% | -3% | -5% | -7% | -1% | -0% | 1% |
Documents
Announcements
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Compliances-Certificate Under Reg. 74 (5) Of SEBI (DP) Regulations, 2018
2d - Ola Electric Mobility Limited has informed about certificate under regulation 74 of SEBI (Depositories and Participants) Regulation, 2018 for the quarter ended September 30, 2025
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Pursuant To Regulation 30 Read With Schedule-III Of The SEBI (LODR) Regulations, 2015.
16 Oct - Launched Ola Shakti residential BESS Oct 16, 2025; prices ₹29,999–₹1,59,999; deliveries Makar Sankranti 2026.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
16 Oct - Ola launches Ola शक्ति BESS; enters ₹1 Lakh Cr market, targets 5 GWh, reservations ₹999, deliveries Makar Sankranti 2026
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General Updates
15 Oct - Ola to unveil energy product 'Ola Shakti'; launch moved to Oct 16, 2025 10:00 AM IST.
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General Updates
14 Oct - Promoter/CMD tweeted first non-vehicle product launch this Diwali; teaser for Oct 17.
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.