Olectra Greentech Limited (OLECTRA) AI Stock Analysis

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Olectra Greentech Limited

(NSE:OLECTRA)

Select Model

Rating:59Neutral

Price Target:INR 994.00▼(-5.01% Downside)

Action:downgraded

Date:10/03/26

The overall score reflects a fundamentally strong, fast-growing manufacturer with improving profitability and a robust balance sheet, but weighed down by strained cash flows and thinning margins that increase execution and liquidity risk. Rich valuation and weak, oversold technicals further cap the rating, as the share price is under pressure and offers limited income support despite high expectations embedded in the P/E multiple. Offsetting these risks, recent earnings and corporate events highlight solid revenue growth, a sizable order book, and upgraded credit quality, which support the medium-term growth story but do not yet justify a higher score in light of current cash conversion and margin trends.[2][3][7][9][13]

Positive Factors

Revenue Growth Re-accelerationThe rebound in revenue growth indicates renewed demand or shipment momentum after a weak prior year. Sustained expansion would improve operating scale, support customer and market positioning, and provide a foundation for compounding earnings if profitability remains resilient.

Negative Factors

Weak Cash ConversionDeeply negative free cash flow and very low operating-cash coverage indicate that reported profits are not currently translating into usable cash. If this persists, the company may need more external funding, face greater execution pressure, and have less capacity to self-finance growth.

Olectra Greentech Limited (OLECTRA) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 85.15B
Dividend Yield: 0.06%
Average Volume (3M): 28.37K
Price to Earnings (P/E): 47.4
Beta (1Y): 1.70
Revenue Growth: 30.62%
EPS Growth: 26.52%
Country: India
Employees: 801
Sector: General
Sector Strength: 55
Industry: Auto - Manufacturers

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 founded...

Olectra Greentech Limited Financial Statement Overview

Summary

Financial performance is solid overall, with strong multi-year revenue and profit growth, improving returns on equity, and a conservative but expanding balance sheet, partially offset by weaker cash conversion, declining gross margins, and volatile, recently negative free cash flow.

Income Statement

78Positive

Balance Sheet

82Very Positive

Cash Flow

55Neutral

Financial statement breakdown
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	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	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

Technical Analysis SentimentNeutral

Last Price1046.40

Price Trends

50DMA1110.23Negative

100DMA1246.92Negative

200DMA1186.29Negative

Market Momentum

MACD-16.84Negative

RSI48.99Neutral

STOCH74.09Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:OLECTRA, the sentiment is Neutral. The current price of 1046.40 is above the 20-day moving average (MA) of 1017.74, below the 50-day MA of 1110.23, and below the 200-day MA of 1186.29, indicating a neutral trend. The MACD of -16.84 indicates Negative momentum. The RSI at 48.99 is Neutral, neither overbought nor oversold. The STOCH value of 74.09 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:OLECTRA.

Olectra Greentech Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:OLECTRA against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:SONACOMS	68Neutral	INR 577.48B	77.17	―	0.37%	42.13%	21.66%
IN:MOTHERSON	68Neutral	INR 1.80T	37.02	―	0.36%	18.64%	44.93%
IN:BHARATFORG	64Neutral	INR 852.24B	123.25	―	0.48%	20.38%	-36.88%
IN:OLECTRA	59Neutral	INR 86.45B	47.44	―	0.06%	30.62%	26.52%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:JBMA	48Neutral	INR 118.52B	51.60	―	0.17%	15.91%	10.45%
IN:EXIDEIND	44Neutral	INR 327.89B	30.89	―	0.53%	13.46%	32.62%

* General Sector Average

Performance Comparison

IN:OLECTRA and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:OLECTRA	Olectra Greentech Limited	1046.40	-361.29	-25.67%
IN:BHARATFORG	Bharat Forge Ltd	1759.00	381.11	27.66%
IN:EXIDEIND	Exide Industries Limited	380.65	-0.08	-0.02%
IN:JBMA	JBM Auto Limited	502.65	-138.01	-21.54%
IN:MOTHERSON	Samvardhana Motherson International Limited	165.00	55.58	50.80%
IN:SONACOMS	Sona BLW Precision Forgings Ltd.	924.10	441.18	91.36%

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, issued b...

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.

Date of analysis: Oct 03, 2026

Olectra Greentech Limited AI Stock Analysis