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 ₹ 18,340 Cr.
- Current Price ₹ 41.6
- High / Low ₹ 158 / 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 3.64 times its book value
- Company has low interest coverage ratio.
- Company might be capitalizing the interest cost
- Working capital days have increased from 31.7 days to 89.8 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 2/3 Wheelers
Part of BSE 500 Nifty 500 BSE MidCap Nifty Midcap 100 BSE IPO
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 | 6,276 | 6,253 | 5,469 | |
Operating Profit | -277 | -800 | -1,252 | -1,266 | -1,739 | -1,771 |
OPM % | -32,228% | -214% | -48% | -25% | -39% | -48% |
98 | 83 | 55 | 226 | 395 | 412 | |
Interest | 1 | 18 | 108 | 187 | 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 | |
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10 Years: | % |
5 Years: | % |
3 Years: | 130% |
TTM: | -32% |
Compounded Profit Growth | |
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10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -44% |
Stock Price CAGR | |
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10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
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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 | 3,006 | 2,376 | |
Total Liabilities | 2,113 | 5,396 | 5,573 | 7,735 | 11,075 |
104 | 1,025 | 1,219 | 2,491 | 3,602 | |
CWIP | 43 | 83 | 507 | 713 | 254 |
Investments | 455 | 1,102 | 276 | 64 | 40 |
1,510 | 3,186 | 3,571 | 4,468 | 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 | -21,055 | -23 | 40 | -34 | 90 |
ROCE % | -24% | -30% | -32% | -28% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
2d - Ola Electric reports Q1 FY26 EBITDA positivity, Gen 3 ramp-up, 4680 cell launch, and 5 GWh Gigafactory progress.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Ola Electric Mobility Limited has submitted the copies of the newspaper advertisement
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
2d - Ola Electric's Q1 FY2026 monitoring report shows IPO proceeds used as planned; minor capex delay noted.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2d - Ola Electric Mobility Limited has filed with the the exchange certificate under Regulation 74 of SEBI (DP) Regulations, 2018 for the quarter ended June 30, …
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Announcement Under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
14 Jul - Audio recording of Q1 FY26 earnings call uploaded on company website.
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] Co. is the largest E-Scooter Manufacturing company in India, with 31% market share in the E2W sector, selling 329,618 scooters in FY24.[2]