OLECTRA GREENTECH LIMITED
₹951.15-₹26.00 (-2.7%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹9,271 Cr
- P/E
- 63.6x
- EV / EBITDA
- 54.1x
- Revenue
- ₹1,763 Cr
- Net margin
- 6.6%
- ROCE
- 16.0%
Price chart
Technical chartScreen technicals →-37.8% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -16.1%
- 3M
- -28.4%
- 6M
- -23.6%
- 1Y
- -37.8%
- 5Y
- +50.7%
52-week range
Day change -₹26.00 (-2.7%) from ₹977 to ₹951 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in OLECTRA, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 23.0%
Concerns1
- Low return on equity of 8.1%
Rule-based from financial data. Not advice.
About the company
Olectra Greentech Limited manufactures and sells electric buses and trucks in India. It operates in two segments, Composite Polymer Insulators and E-Vehicle. The company offers electric tippers. It also provides 1200KV, 330-420KV, 220-245KV, 110-132KV, 52-77KV, 33-36KV, 22-28KV, and 10-15KV composite polymer insulators for transmission and distribution; and tonne, bracket tube, and stay arm insulators for railways.
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Olectra Greentech Limited manufactures and sells electric buses and trucks in India. It operates in two segments, Composite Polymer Insulators and E-Vehicle. The company offers electric tippers. It also provides 1200KV, 330-420KV, 220-245KV, 110-132KV, 52-77KV, 33-36KV, 22-28KV, and 10-15KV composite polymer insulators for transmission and distribution; and tonne, bracket tube, and stay arm insulators for railways. It serves state and central government bodies, and power generation and distribution corporations; private power generation companies; and multinational infrastructure companies. The company was formerly known as Goldstone Infratech Limited and changed its name to Olectra Greentech Limited in July 2018. Olectra Greentech Limited was incorporated in 2000 and is headquartered in Hyderabad, India.
- Sector
- Technology
- Shares outstanding
- 8.2 Cr shares
- ISIN
- INE260D01016
- BSE code
- 532439
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹9,271 Cr
- P/E
- 63.6x
- P/B
- 8.2x
- EV / EBITDA
- 54.1x
- EV / Sales
- 8.2x
- P/S
- 8.3x
- Earnings yield
- 1.6%
- 52-week high
- ₹1,548.45
- 52-week low
- ₹880.15
Profitability
- Operating margin
- 14.0%
- Net margin
- 6.6%
- EBITDA margin
- 15.1%
- ROE
- 8.1%
- ROCE
- 16.0%
- ROA
- 4.8%
- Dividend payout
- 4.0%
- Tax rate
- 25.0%
- Other income, % of PBT
- 12.1%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,763 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 58.3%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 23.0%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹168 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 13.5%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 89.2%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 46.4%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹127 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 6250.0%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 1.7%
Solvency and efficiency
- Current ratio
- 2.18
- Debt / Equity
- 0.06
- Debt / Assets
- 0.04
- Debt / EBITDA
- 0.35
- Interest coverage
- 3.71
- Financial leverage
- 1.66
- CFO / Net profit
- 1.72
- Cash / Market cap
- 12.5%
- Cash per share
- ₹141.27
- Asset turnover
- 0.73
- Fixed asset turnover
- 4.37
- Capital intensity
- 0.23
- Debtor days
- 167 days
- Inventory turnover
- 3.80
- Cash conversion cycle
- 91 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹8 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹1,511 Cr |
| Sales | Operating profit | ₹252 Cr |
| Operating profit | Interest | ₹47 Cr |
| Operating profit | Depreciation | ₹29 Cr |
| Operating profit | Profit before tax | ₹176 Cr |
| Other income | Profit before tax | ₹10 Cr |
| Profit before tax | Tax and other | ₹46 Cr |
| Profit before tax | Net profit | ₹140 Cr |
Revenue and net profit
Revenue grew 58.3% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹277 Cr | ₹12 Cr |
| FY2022 | ₹585 Cr | ₹36 Cr |
| FY2023 | ₹1,134 Cr | ₹71 Cr |
| FY2024 | ₹1,114 Cr | ₹74 Cr |
| FY2025 | ₹1,763 Cr | ₹140 Cr |
Cash flows
FY2025: ₹129 Cr from operations, -₹102 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹240 Cr | ₹31 Cr |
| FY2022 | ₹120 Cr | -₹42 Cr |
| FY2023 | ₹2 Cr | ₹15 Cr |
| FY2024 | ₹127 Cr | ₹51 Cr |
| FY2025 | ₹129 Cr | -₹102 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹1,763 Cr+58.3%1Y
- Net profit
- ₹140 Cr+89.2%1Y
- Cash from operations
- ₹129 Cr
- Free cash flow
- -₹102 Cr-300.0%1Y
- Revenue CAGR, 5Y
- 23.0%
- EBITDA CAGR, 5Y
- 36.1%
- Net profit CAGR, 5Y
- 46.4%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹1,763 Cr | ₹252 Cr | — | ₹140 Cr | ₹129 Cr | -₹102 Cr | 13.3% | +58.3% | +89.2% |
Monthly returns
Month-by-month returns of OLECTRA across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹2,125 Cr |
| Equity capital | ₹33 Cr |
| Reserves | ₹1,023 Cr |
| Borrowings | ₹208 Cr |
| Other liabilities | ₹862 Cr |
| Assets | ₹2,125 Cr |
| Fixed assets | ₹288 Cr |
| Capital work in progress | ₹187 Cr |
| Investments | ₹105 Cr |
| Other assets | ₹1,545 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
OLECTRA trades at 63.6x earnings against a peer median of 52.1x (a 22% premium).
Not shown (no positive earnings and no EV / Sales): Tata Teleservices (Maharashtra) Ltd.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| OLECTRA GREENTECH LIMITEDOLECTRAthis companyP/E ↑ premium | ₹9,271 Cr | 63.6x | 8.2x | 8.1% | 54.1x |
| WAAREE RENEWABLE TECHNOLOGIES LIMITEDWAAREERTL | ₹10,499 Cr | 29.6x | 15.9x | 58.5% | 49.4x |
| Lumax Auto Technologies Ltd.LUMAXTECH | ₹10,225 Cr | 109.0x | 12.0x | 13.8% | 59.6x |
| Sonata Software Ltd.SONATSOFTW | ₹9,856 Cr | 51.0x | 12.3x | 50.8% | 24.0x |
| Nazara Technologies LimitedNAZARA | ₹9,793 Cr | 370.0x | 4.4x | -6.1% | -109.2x |
| HFCL LIMITEDHFCL | ₹9,582 Cr | 383.0x | 2.3x | 8.1% | 16.1x |
| Tata Teleservices (Maharashtra) Ltd.TTML | ₹9,130 Cr | — | -0.5x | 6.4% | 53.6x |
| BLACK BOX LIMITEDBBOX | ₹8,803 Cr | 402.0x | 18.8x | -4.8% | 628.6x |
| C.E. Info Systems LimitedMAPMYINDIA | ₹8,564 Cr | 57.0x | 10.0x | 20.9% | 45.5x |
| Peer median | — | 52.1x | 7.8x | 14.5% | 34.2x |
Year-to-date ROI
OLECTRA since 1 January, against earlier years.
Historical volatility
OLECTRA's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 8.0% |
| FY2022 | 14.0% |
| FY2023 | 12.0% |
| FY2024 | 14.0% |
| FY2025 | 14.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹1,763 Cr |
| Costs | |
| Interest | ₹47 Cr |
| Expenses | ₹1,511 Cr |
| Operating profitOperating Profit | ₹252 Cr |
| Other income and charges | |
| Profit before tax | ₹186 Cr |
| Tax | |
| Net profitNet Profit | ₹140 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹2,125 Cr |
| Equity capitalEquity Capital | ₹33 Cr |
| Reserves | ₹1,023 Cr |
| Borrowings | ₹208 Cr |
| Other liabilitiesOther Liabilities | ₹862 Cr |
| AssetsTotal Assets | ₹2,125 Cr |
| Fixed assetsFixed Assets | ₹288 Cr |
| Capital work in progressCWIP | ₹187 Cr |
| Investments | ₹105 Cr |
| Other assetsOther Assets | ₹1,545 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹129 Cr |
| Investing cash flowCash from Investing Activity | -₹231 Cr |
| Financing cash flowCash from Financing Activity | ₹102 Cr |
| Change in cashNet Cash Flow | ₹0 Cr |
Learn while you research
Academy chapters picked for OLECTRA GREENTECH LIMITED and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 63.6, learn when high multiples are justified.6 min read
- 04 Growth Investing58% revenue growth is in the top tier, learn how to value growth.7 min read
- 05 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read