Want to see IN:OLECTRA full AI Analyst Report?
Top Page
Olectra Greentech Limited
(OLECTRA)
Select Model
Select Model
Rating:53Neutral
Price Target:
₹965.00
▼(-19.27% Downside)
Action:Reiterated
Date:10/03/26
The score is held back primarily by weak cash-flow quality (negative free cash flow and poor cash conversion) and a bearish technical setup with the stock below key moving averages. These risks outweigh solid multi-year growth and improved returns, while a high P/E and minimal dividend yield limit valuation support.
Positive Factors
Revenue Reacceleration
The sharp recovery in revenue growth indicates renewed demand and shipment momentum in the electric-bus business. If sustained, stronger volumes can improve operating leverage, reinforce customer relationships, and support continued expansion across public transport and institutional markets.
Negative Factors
Weak Cash Conversion
Deeply negative free cash flow and very weak conversion of earnings into operating cash raise concerns about the quality and timing of reported profits. Persistent weakness could increase reliance on external funding and constrain investment flexibility during continued expansion.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Reacceleration
The sharp recovery in revenue growth indicates renewed demand and shipment momentum in the electric-bus business. If sustained, stronger volumes can improve operating leverage, reinforce customer relationships, and support continued expansion across public transport and institutional markets.
Read all positive factors
Olectra Greentech Limited (OLECTRA) vs. iShares MSCI India ETF (INDA)
Market Cap
₹78.07B
Dividend Yield0.06%
Average Volume (3M)23.13K
Price to Earnings (P/E)44.0
Beta (1Y)1.88
Revenue Growth38.43%
EPS Growth25.90%
CountryIN
Employees801
SectorGeneral
Sector StrengthN/A
IndustryAuto - Manufacturers
Share Statistics
EPS (TTM)21.61
Shares Outstanding82,080,734
10 Day Avg. Volume17,001
30 Day Avg. Volume23,129
Financial Highlights & Ratios
PEG Ratio1.61
Price to Book (P/B)6.46
Price to Sales (P/S)3.43
P/FCF Ratio-75.20
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)43.3
Revenue Forecast (FY)₹38.20B
Olectra Greentech Limited Business Overview & Revenue Model
Company Description
Olectra Greentech Ltd. is a holding company, which engages in the manufacturing of composite polymer insulators and electrical buses. It operates through the Composite Polymer Insulators Division and Vehicle Division segments. The company was foun...
Olectra Greentech Limited Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
74
Positive
Cash Flow
42
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 25.40B | 23.12B | 18.03B | 11.54B | 10.91B | 5.93B |
| Gross Profit | 4.12B | 3.26B | 4.58B | 3.27B | 2.69B | 1.70B |
| EBITDA | 3.65B | 3.52B | 2.63B | 1.66B | 1.41B | 820.81M |
| Net Income | 1.77B | 1.77B | 1.39B | 768.33M | 655.95M | 353.51M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 25.67B | 21.71B | 15.89B | 15.57B | 11.90B |
| Cash, Cash Equivalents and Short-Term Investments | 1.72B | 1.72B | 1.70B | 68.71M | 63.63M | 193.01M |
| Total Debt | 0.00 | 3.80B | 2.55B | 1.21B | 1.34B | 671.04M |
| Total Liabilities | -12.33B | 13.34B | 11.19B | 6.72B | 7.16B | 4.13B |
| Stockholders Equity | 12.33B | 12.28B | 10.49B | 9.13B | 8.40B | 7.77B |
Cash Flow | ||||||
| Free Cash Flow | -1.19B | -1.05B | -363.05M | 639.63M | -747.80M | 535.41M |
| Operating Cash Flow | -309.70M | 536.09M | 1.41B | 1.43B | -102.73M | 1.21B |
| Investing Cash Flow | -500.92M | -1.78B | -2.25B | -864.87M | -378.33M | -1.64B |
| Financing Cash Flow | 856.16M | 1.29B | 829.46M | -560.04M | 351.68M | 497.35M |
Olectra Greentech Limited Technical Analysis
Negative
1195.35
Price Trends
1153.27
Negative
1268.42
Negative
1190.35
Negative
Market Momentum
-56.61
Positive
26.58
Positive
23.85
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:OLECTRA, the sentiment is Negative. The current price of 1195.35 is above the 20-day moving average (MA) of 1030.05, above the 50-day MA of 1153.27, and above the 200-day MA of 1190.35, indicating a bearish trend. The MACD of -56.61 indicates Positive momentum. The RSI at 26.58 is Positive, neither overbought nor oversold. The STOCH value of 23.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:OLECTRA.
Olectra Greentech Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | ₹555.70B | 74.21 | ― | 0.38% | 42.13% | 21.66% | |
63 Neutral | ₹843.45B | 116.45 | ― | 0.49% | 17.54% | -31.63% | |
63 Neutral | ₹1.67T | 37.71 | ― | 0.38% | 14.02% | 32.06% | |
56 Neutral | ₹285.39B | 30.64 | ― | 0.60% | 7.61% | 9.87% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
53 Neutral | ₹78.07B | 44.01 | ― | 0.06% | 38.43% | 25.90% | |
48 Neutral | ₹110.61B | 48.01 | ― | 0.18% | 15.91% | 10.45% |
* General Sector Average
IN:OLECTRA
Olectra Greentech Limited
951.15
-561.73
-37.13%
IN:BHARATFORG
Bharat Forge Ltd
1,726.00
390.73
29.26%
IN:EXIDEIND
Exide Industries Limited
335.75
-45.72
-11.99%
IN:JBMA
JBM Auto Limited
467.70
-190.29
-28.92%
IN:MOTHERSON
Samvardhana Motherson International Limited
156.55
51.31
48.76%
IN:SONACOMS
Sona BLW Precision Forgings Ltd.
890.30
412.05
86.16%
Olectra Greentech Limited Corporate Events
Olectra Greentech Confirms SEBI Dematerialization Compliance for Q2 FY2026
Oct 9, 2026
Olectra Greentech Limited has submitted a compliance certificate to BSE and NSE confirming adherence to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate, issue...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.