Olectra Greentech Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹7,809 Cr
- P/E
- 44.02
- ROE
- 15.59%
- PEG
- 1.12
- Price to sales
- 3.09
- Debt to equity
- 0.31
- 52W high / low
- ₹1,548 / ₹880
- Sales growth (5Y)
- 52.39%
- EBITDA margin
- 13.77%
- Net profit margin
- 7.76%
- Promoter holding
- 50.02%
- Sales (last year)
- ₹2,540 Cr
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]
Guidance scorecard · Q1 FY27 call
What Olectra Greentech Ltd's management guided
and where it ranks in Automobiles
Automobiles
RevenueQ1 FY27 call
20–40%Ask what Olectra Greentech Ltd said on revenue →
Full Q1 FY27 analysisMarginsQ1 FY27 call
FlatSee what Olectra Greentech Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- INR 450 crores investment planned for new generation bus and truck platforms over 18 months for prototyping, design, testing, validation, and production.
- Additional INR 100 crores investment in building and equipment for new products (bus and truck).
- INR 50 crores investment planned in Insulator division building and equipment over next 18 months.
- New building worth INR 30-35 crores and equipment worth around INR 15 crores approved and underway for capacity expansion and new product development.
- Capex aimed at supporting 5x revenue growth in Insulator division and capacity expansion for Mobility division to reach higher production targets.
2 more points from Olectra Greentech Ltd's call on capex
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FundraisingQ1 FY27 call
PlannedAsk what Olectra Greentech Ltd said on fundraising →
Full Q1 FY27 analysisOrder bookQ1 FY27 call
Rising- Current order book stands at about 8,000 electric buses to be delivered over the next 2 years.
- Includes 1,085 vehicles from Telangana CESL tender.
- Recently qualified as L1 for 155 buses in Rajasthan.
- 4,000 vehicles ordered for MSRTC and approximately 2,000 for BEST.
- BEST first order of 1,400 plus 50% variation (approx. 2,100) under discussion, neither canceled nor accepted yet.
- BEST second order is 2,400 plus 25% variation (up to 3,000 buses); pending order is confirmed at 2,000 buses.
- No new deliveries for disputed BEST order until resolution.
2 more points from Olectra Greentech Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Automobiles
on management's own guidance
- Strong growth2
- Strong growth1
- M & MGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Automobiles companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Flat | ₹58,318 Cr | — | |
| 2 | 40%+ | Flat | ₹2,339 Cr | 83.8 | |
| 3 | M & M | 20–40% | Flat | ₹3.63L Cr | 18.9 |
| 4 | 20–40% | Flat | ₹2.00L Cr | 34.4 | |
| 5 | 20–40% | Flat | ₹1.95L Cr | 56.2 | |
| 6 | 20–40% | Flat | ₹17,491 Cr | — |
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Pro shows every company guiding 40%+ revenue growth →Full Automobiles rankingFinancials of Olectra Greentech Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Olectra Greentech Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 256 | 376 | 216 | 307 | 342 | 289 | 314 | 524 | 515 | 449 | 347 | 657 | 664 |
| Expenses + | 221 | 326 | 176 | 267 | 293 | 254 | 270 | 442 | 436 | 395 | 299 | 568 | 570 |
| Operating Profit | 35 | 50 | 40 | 41 | 49 | 34 | 44 | 81 | 79 | 54 | 48 | 89 | 93 |
| OPM % | 14% | 13% | 19% | 13% | 14% | 12% | 14% | 16% | 15% | 12% | 14% | 14% | 14% |
| Other Income + | 2 | 2 | 1 | 5 | 7 | 8 | 7 | 4 | 3 | 5 | 8 | 4 | 4 |
| Interest | 8 | 8 | 7 | 10 | 13 | 13 | 10 | 11 | 11 | 20 | 12 | 14 | 20 |
| Depreciation | 8 | 9 | 9 | 9 | 9 | 10 | 9 | 10 | 9 | 10 | 10 | 11 | 13 |
| Profit before tax | 20 | 35 | 25 | 27 | 34 | 20 | 32 | 65 | 62 | 29 | 34 | 68 | 64 |
| Tax % | 25% | 22% | 28% | 30% | 20% | 26% | 24% | 26% | 25% | 29% | 23% | 28% | 27% |
| Net Profit + | 15 | 28 | 18 | 19 | 27 | 15 | 24 | 48 | 47 | 21 | 26 | 49 | 47 |
| EPS in Rs | 1.75 | 3.29 | 2.20 | 2.20 | 3.29 | 1.67 | 2.92 | 5.79 | 5.64 | 2.56 | 3.17 | 6.04 | 5.65 |
Financials of Olectra Greentech Ltd
Profit & Loss
Annual income statement trend
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 80 | 92 | 93 | 105 | 161 | 170 | 201 | 281 | 593 | 1,091 | 1,154 | 1,802 | 2,116 |
| Expenses + | 69 | 75 | 75 | 85 | 148 | 185 | 195 | 261 | 509 | 949 | 988 | 1,540 | 1,833 |
| Operating Profit | 11 | 17 | 18 | 20 | 14 | -15 | 5 | 20 | 85 | 141 | 166 | 262 | 284 |
| OPM % | 14% | 18% | 20% | 19% | 9% | -9% | 3% | 7% | 14% | 13% | 14% | 15% | 13% |
| Other Income + | 0 | 1 | 1 | 1 | 7 | 15 | 44 | 11 | 6 | 13 | 20 | 14 | 21 |
| Interest | 6 | 6 | 6 | 6 | 6 | 15 | 14 | 8 | 9 | 31 | 43 | 51 | 66 |
| Depreciation | 2 | 6 | 5 | 2 | 3 | 7 | 18 | 13 | 29 | 33 | 37 | 37 | 43 |
| Profit before tax | 3 | 6 | 8 | 13 | 12 | -22 | 17 | 11 | 52 | 89 | 106 | 188 | 196 |
| Tax % | 31% | 23% | 29% | 36% | 25% | -28% | 22% | 26% | 32% | 25% | 26% | 26% | |
| Net Profit + | 2 | 5 | 6 | 8 | 9 | -16 | 14 | 8 | 35 | 67 | 79 | 139 | 143 |
| EPS in Rs | 0.59 | 1.37 | 1.61 | 2.33 | 1.77 | -1.99 | 1.65 | 0.98 | 4.31 | 7.99 | 9.36 | 16.92 | 17.42 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 9% | 5% | 4% | 2% |
Financials of Olectra Greentech Ltd
Balance Sheet
Capital structure and asset base
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 20 | 32 | 33 | 33 | 33 | 33 | 33 | 33 | 33 |
| Reserves | 62 | 66 | 72 | 52 | 178 | 671 | 700 | 708 | 744 | 807 | 881 | 1,016 | 1,089 |
| Borrowings + | 52 | 45 | 55 | 65 | 72 | 24 | 30 | 8 | 67 | 134 | 121 | 255 | 366 |
| Other Liabilities + | 30 | 38 | 33 | 32 | 45 | 136 | 219 | 185 | 346 | 583 | 554 | 867 | 876 |
| Total Liabilities | 158 | 164 | 174 | 163 | 315 | 863 | 981 | 934 | 1,190 | 1,557 | 1,589 | 2,171 | 2,364 |
| Fixed Assets + | 84 | 79 | 76 | 61 | 72 | 173 | 151 | 290 | 325 | 356 | 330 | 355 | 402 |
| CWIP | 19 | 19 | 19 | 11 | 6 | 0 | 0 | 0 | 3 | 4 | 72 | 187 | 207 |
| Investments | 0 | 0 | 0 | 0 | 0 | 102 | 0 | 0 | 0 | 2 | 11 | 73 | 92 |
| Other Assets + | 55 | 66 | 79 | 91 | 237 | 589 | 831 | 645 | 862 | 1,195 | 1,175 | 1,557 | 1,664 |
| Total Assets | 158 | 164 | 174 | 163 | 315 | 863 | 981 | 934 | 1,190 | 1,557 | 1,589 | 2,171 | 2,364 |
Financials of Olectra Greentech Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 0 | 5 | -14 | -9 | -107 | -130 | -219 | 209 | 121 | -10 | 143 | 141 |
| Cash from Investing Activity + | 0 | 5 | 5 | -6 | -19 | -307 | 199 | -177 | -164 | -38 | -86 | -225 |
| Cash from Financing Activity + | 0 | -6 | 10 | 15 | 126 | 457 | 0 | -22 | 50 | 35 | -56 | 83 |
| Net Cash Flow | 0 | 3 | 0 | 0 | 0 | 20 | -19 | 10 | 7 | -13 | 1 | -1 |
| Free Cash Flow | 0 | 8 | -11 | -14 | -116 | -231 | -206 | 49 | 54 | -75 | 64 | -36 |
| CFO/OP | 0% | 32% | -62% | -23% | -724% | 843% | -4,288% | 1,043% | 146% | 6% | 103% | 59% |
Financials of Olectra Greentech Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 119 | 137 | 175 | 126 | 199 | 195 | 658 | 342 | 225 | 211 | 162 | 140 |
| Inventory Days | 123 | 106 | 107 | 128 | 209 | 319 | 274 | 127 | 51 | 63 | 96 | 79 |
| Days Payable | 114 | 142 | 123 | 72 | 90 | 339 | 645 | 284 | 235 | 195 | 172 | 181 |
| Cash Conversion Cycle | 127 | 101 | 158 | 183 | 317 | 175 | 288 | 185 | 40 | 79 | 86 | 38 |
| Working Capital Days | 2 | -9 | 79 | -86 | 198 | 544 | 871 | 399 | 157 | 105 | 115 | 85 |
| ROCE % | 8% | 10% | 11% | 14% | 9% | -1% | 2% | 2% | 8% | 13% | 15% | 21% |
Guidance history
How Olectra Greentech Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 20–40% | Flat | Planned | Planned | Rising |
| Q3 FY26 call → | 20–40% | Flat | Planned | Planned | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
7 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −37.9% | 15% |
| Last 6 months | −23.6% | 15% |
| Last 3 months | −28.2% | 8% |
The price is 53.2% below its all-time high of ₹2,033.5 (23 Feb 2024). Stocks more than 20% below their peak have their score halved, so 14 became 7.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Olectra Greentech Ltd: 0.4 × 15 + 0.4 × 15 + 0.2 × 8 = 14, halved to 7 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Olectra Greentech Ltd's management said in earlier quarters
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