Olectra Greentech Limited (OLECTRA) AI Stock Analysis

• Market Cap: ₹120.69B
• Dividend Yield: 0.03%
• Average Volume (3M): 127.62K
• Price to Earnings (P/E): 85.6
• Beta (1Y): 1.58
• Revenue Growth: 46.57%
• EPS Growth: 70.30%
• Country: IN
• Employees: 492
• Sector: Services
• Sector Strength: N/A
• Industry: Auto - Parts
• EPS (TTM): 3.17
• Shares Outstanding: 82,080,734
• 10 Day Avg. Volume: 70,455
• 30 Day Avg. Volume: 127,619
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹1,670.00
• Price Target Upside: 13.58% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 68 Neutral
• Price Target: ₹1,670.00 ▲(13.58% Upside)

Olectra Greentech Limited presents a mixed investment profile. The company's strong financial performance is a key strength, driven by significant revenue growth and profitability. However, technical indicators point to overbought conditions, and the stock's high valuation raises concerns about potential overpricing. Investors should weigh these factors carefully, especially considering the absence of recent earnings call and corporate event insights.

Olectra Greentech Limited Business Overview & Revenue Model

Company Description

Olectra Greentech Limited (OLECTRA) is a leading Indian company specializing in the manufacture of electric buses and composite polymer insulators. As a part of the MEIL Group, the company is a key player in the electric mobility sector, offering sustainable public transportation solutions. Olectra's electric buses are designed to reduce carbon emissions and provide efficient urban transport solutions. Additionally, the company produces composite polymer insulators that are crucial for electrical infrastructure, enhancing its presence in the energy sector.

How the Company Makes Money

Olectra Greentech Limited generates revenue primarily through the sale of its electric buses to government and private transportation operators. The company benefits from contracts and tenders from various state and city transport departments in India, which are investing in electric mobility solutions. Another revenue stream comes from the sale of composite polymer insulators, which are supplied to power utilities and infrastructure projects. Olectra's earnings are further supported by strategic partnerships with global technology firms for the development of advanced electric vehicles and components. Government incentives and policies promoting electric mobility also contribute to the company's financial performance.

Olectra Greentech Limited Financial Statement Overview

Summary

Olectra Greentech Limited exhibits strong financial health with impressive revenue growth and improving profitability metrics. The company's balance sheet is solid with a stable debt-to-equity ratio. However, fluctuations in cash flow and increased capital expenditures suggest challenges in maintaining liquidity despite the growth focus.

Income Statement

Olectra Greentech Limited has demonstrated a robust revenue growth trajectory, increasing from INR 2.8 billion in 2021 to INR 18 billion in 2025. This growth is supported by strong gross and net profit margins, which have improved over the years, reflecting efficient cost management and enhanced profitability. The EBIT and EBITDA margins also show positive trends, indicating operational efficiency. However, maintaining these growth rates may present challenges as the company scales.

Balance Sheet

The company's balance sheet shows a solid equity base with a stable debt-to-equity ratio, indicating prudent financial management and limited reliance on debt financing. The return on equity is strong, reflecting effective utilization of shareholder funds to generate profits. However, the equity ratio has slightly declined, suggesting increased leverage over time, which could pose risks if not managed carefully.

Cash Flow

Olectra's cash flow from operations remains positive, but free cash flow has fluctuated, with a negative figure in the latest year due to significant capital expenditures. The operating cash flow to net income ratio is fairly stable, indicating that net income is well-supported by cash operations. The free cash flow to net income ratio shows variability, highlighting potential challenges in converting earnings to cash, which could affect future liquidity.

Breakdown	Mar 2025	Mar 2024	Mar 2022	Mar 2023	Mar 2021
Income Statement
Total Revenue	18.02B	11.54B	5.92B	10.91B	2.81B
Gross Profit	4.47B	3.27B	1.51B	2.72B	747.88M
EBITDA	2.61B	1.69B	897.96M	1.51B	316.58M
Net Income	1.39B	768.33M	353.51M	655.95M	80.75M
Balance Sheet
Total Assets	21.71B	15.89B	11.90B	15.57B	9.34B
Cash, Cash Equivalents and Short-Term Investments	1.70B	68.71M	193.01M	2.12B	124.96M
Total Debt	2.55B	1.21B	671.04M	1.34B	80.94M
Total Liabilities	11.19B	6.72B	4.13B	7.16B	1.94B
Stockholders Equity	10.49B	9.13B	7.77B	8.40B	7.41B
Cash Flow
Free Cash Flow	-363.05M	639.63M	535.41M	-747.80M	489.20M
Operating Cash Flow	1.41B	1.43B	1.21B	-102.73M	2.09B
Investing Cash Flow	-2.25B	-864.87M	-1.64B	-378.33M	-1.77B
Financing Cash Flow	829.46M	-560.04M	497.35M	351.68M	-216.45M

Olectra Greentech Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1470.35
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:OLECTRA, the sentiment is Positive. The current price of 1470.35 is above the 20-day moving average (MA) of 1413.75, above the 50-day MA of 1285.79, and above the 200-day MA of 1318.80, indicating a bullish trend. The MACD of 49.44 indicates Positive momentum. The RSI at 63.05 is Neutral, neither overbought nor oversold. The STOCH value of 69.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:OLECTRA.

Olectra Greentech Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VRLLOG	71 Outperform	₹49.08B	22.36		7.13%	8.04%	221.22%
FORCEMOT	70 Outperform	₹259.23B	30.09		0.11%	14.81%	97.91%
OLECTRA	68 Neutral	₹120.69B	85.64		0.03%	46.57%	70.30%
Sector *	67 Neutral	€4.44B	26.62	21.72%	4.79%	3.30%	3.56%
TCI	63 Neutral	₹86.78B	20.32		0.88%	11.32%	20.27%
IONEXCHANG	59 Neutral	₹63.28B	24.18		0.35%	12.99%	1.85%
MMTC	45 Neutral	₹93.10B	95.52		―	―	-53.64%

Olectra Greentech Limited Corporate Events

Olectra Greentech Ensures Regulatory Compliance for Q1 2025

Olectra Greentech Limited has announced compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ending March 31, 2025. This compliance, confirmed by Aarthi Consultants Private Limited, ensures that the company’s securities are properly dematerialized and listed on stock exchanges, reflecting Olectra’s commitment to regulatory adherence and operational transparency.