Olectra Greentech Ltd.

NSE: OLECTRA BSE: 532439 SECTOR: Electronics - Components  59k   401   73

499.90
-12.00 (-2.34%)
NSE: Today, 03:58 PM

Price Summary

Today's High

₹ 514.5

Today's Low

₹ 499

52 Week High

₹ 941.2

52 Week Low

₹ 457.1

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

4103.22 Cr.

Enterprise Value

3971.45 Cr.

No. of Shares

8.21 Cr.

P/E

68.53

P/B

5.08

Face Value

₹ 4

Div. Yield

0.08 %

Book Value (TTM)

₹  98.41

CASH

197.74 Cr.

DEBT

65.97 Cr.

Promoter Holding

50.02 %

EPS (TTM)

₹  7.29

Sales Growth

111.18%

ROE

4.68 %

ROCE

7.67%

Profit Growth

192.43 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year111.18%
3 Year26.34%
5 Year41.04%

Profit Growth

1 Year192.43%
3 Year66.67%
5 Year33.5%

ROE%

1 Year4.68%
3 Year2.65%
5 Year2.35%

ROCE %

1 Year7.67%
3 Year4.81%
5 Year4.49%

Debt/Equity

0.0845

Price to Cash Flow

34.1

Interest Cover Ratio

6.6173465534541

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2022 50.02 0
Jun 2022 50.02 0
Mar 2022 50.02 0
Dec 2021 51.62 0
Sep 2021 51.74 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 66.6672101436002% for the Past 3 years.
  • The company has shown a good revenue growth of 26.3396251453353% for the Past 3 years.
  • Company is virtually debt free.
  • Company’s PEG ratio is 0.356134820232921.
  • The company has an efficient Cash Conversion Cycle of 84.0347384425193 days.
  • Company has a healthy liquidity position with current ratio of 2.55517053421071.
  • The company has a high promoter holding of 50.02%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 6.67994361711906.

 Limitations

  • Company has a poor ROE of 2.65453916844263% over the past 3 years.
  • Company has a poor ROCE of 4.81247818774357% over the past 3 years
  • Company has high debtor days of 195.541356709843.
  • The company is trading at a high PE of 68.53.
  • The company is trading at a high EV/EBITDA of 30.4236.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
Net Sales 69.06 207.13 268.1 304.67 212.7
Total Expenditure 54.92 180.11 237.1 267.86 190.77
Operating Profit 14.13 27.02 31 36.81 21.93
Other Income 1.42 1.56 3.22 2.8 6.33
Interest 1.3 2.14 4.22 8.41 6.98
Depreciation 6.02 6.33 6.47 6.49 6.6
Exceptional Items -2.55 0 0 0 0
Profit Before Tax 5.69 20.11 23.52 24.71 14.68
Tax 1.98 7.62 6.05 5.9 3.57
Profit After Tax 3.71 12.49 17.47 18.81 11.11
Adjusted EPS (Rs) 0.45 1.52 2.13 2.29 1.35

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 161.49 290.3 395.53 277.22 585.43
Total Expenditure 147.58 304.09 386.44 256.35 504.57
Operating Profit 13.91 -13.78 9.09 20.88 80.86
Other Income 7.34 15.13 26.39 11.43 7.87
Interest 6.13 14.93 13.79 7.43 9.27
Depreciation 3.22 6.22 8.83 8.89 24.85
Exceptional Items 0 0 0.5 0 -2.55
Profit Before Tax 11.89 -19.8 13.35 15.99 52.07
Tax 3 -6.23 2.65 3.78 16.37
Net Profit 8.89 -13.58 10.7 12.21 35.7
Adjusted EPS (Rs.) 1.77 -1.71 1.3 1.49 4.35

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 20.07 31.75 32.83 32.83 32.83
Total Reserves 178.28 673.47 699.16 711.43 748.22
Borrowings 9.73 3.48 2.83 3.93 52.46
Other N/C liabilities -1.28 -6.32 8.52 5.92 33.61
Current liabilities 104.46 153.91 146.34 143.72 299.41
Total Liabilities 311.26 856.28 889.68 897.83 1166.54
Assets
Net Block 71.61 101.72 105.88 249.25 288.86
Capital WIP 6.49 0 0 0 1.27
Intangible WIP 0 0 0 0 0
Investments 0 5.01 0.01 32.24 32.25
Loans & Advances 19.22 11.8 12.71 14.45 14.02
Other N/C Assets 0.14 0.11 0.07 47.89 65.11
Current Assets 213.8 737.64 771 554.01 765.03
Total Assets 311.26 856.28 889.68 897.83 1166.54
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 11.89 -19.8 13.35 15.99 52.07
Adjustment 7.37 6.32 -3.98 5.66 28.7
Changes in Assets & Liabilities -120.04 -186.76 -192.28 221.34 41.86
Tax Paid -6.05 -0.76 -2.63 -3.22 -2.29
Operating Cash Flow -106.82 -201 -185.54 239.77 120.34
Investing Cash Flow -19.07 -236.45 165.84 -209.24 -161.78
Financing Cash Flow 126.3 457.55 0.41 -21.57 48.61
Net Cash Flow 0.42 20.1 -19.29 8.96 7.17

Corporate Actions

Investors Details

PARTICULARS Sep 2021% Dec 2021% Mar 2022% Jun 2022% Sep 2022%
Promoters 51.74 51.62 50.02 50.02 50.02
meil holdings limi... - - - - -
trinity infraventu... 35.42 35.42 35.42 35.42 23.18
meil holdings limi... - - - - 34.56
goldstone power pr... - - - - -
l p sashikumar 1.06 - - 1.06 -
l p sashi kumar - 1.06 1.06 - 0.70
sashikumar paul lam - - - - -
lam paul sashikumar - - - - -
p s parthasarathy 0.07 0.07 0.07 0.07 0.05
PARTICULARS Sep 2021% Dec 2021% Mar 2022% Jun 2022% Sep 2022%
Investors 48.26 48.38 49.98 49.98 49.98
gyanmay investment... 22.32 22.32 22.32 - -
gyanmay investment... - - - - 14.61
malav j shah 2.78 2.78 2.78 2.78 1.82
jupiter india fund - - - - -
national westminst... 1.29 - - - -
indianivesh capita... 1.59 - 2.09 - 1.33
national westminis... - - - - -
rohit kothari 1.99 1.99 1.99 1.99 1.30
jayant hiralal shah 1.97 1.97 1.97 1.97 1.29
naresh kumar rawal - - - - -
indianivesh capita... - 1.59 - - -
samit r. bhartia 1.40 - - - -
samita bhartia - 1.39 1.39 1.39 -
heena jayant shah - 1.07 1.06 1.06 -
indianivesh securi... 1.06 - - - -
indiaivesh capital... - - - - -
iepf 0.29 - 0.22 0.29 0.26

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Olectra Greentech - Quaterly Results28 Oct 2022, 6:17PM Olectra Greentech - Quaterly Results28 Oct 2022, 6:17PM Olectra Greentech, Evey Trans receive Letter of Award for 123 Electric Buses 19 Sep 2022, 3:51PM Olectra Greentech receives Letter of Award for supply of 100 Electric Buses 3 Sep 2022, 10:00AM Olectra Greentech gets approval to raise up to Rs 800 crore2 Sep 2022, 11:59AM Olectra Greentech - Quaterly Results28 Jul 2022, 1:32PM Olectra Greentech - Quaterly Results28 Jul 2022, 1:32PM Olectra Greentech - Quaterly Results28 Jul 2022, 1:32PM Olectra Greentech’s arm gets LoA for 300 Electric Buses 22 Jul 2022, 5:46PM Olectra Greentech’s arm gets LoA for 2,100 Electric Buses23 May 2022, 4:00PM Olectra Greentech informs about outcome of board meeting2 May 2022, 4:29PM Olectra Greentech - Quaterly Results2 May 2022, 1:34PM Olectra Greentech - Quaterly Results2 May 2022, 1:34PM Olectra Greentech begins heavy-duty electric tipper trials16 Apr 2022, 11:46AM Olectra Greentech informs about updates16 Mar 2022, 2:59PM Olectra Greentech acquires 34% stake in Evey Trans9 Mar 2022, 2:18PM Olectra Greentech adds 150 more electric buses to its fleet in Pune7 Mar 2022, 6:04PM Olectra Greentech acquires 26% stake in Evey Trans11 Feb 2022, 10:19AM Olectra Greentech gets LoA for 50 e-buses 4 Jan 2022, 2:23PM Olectra Greentech informs about analyst call16 Dec 2021, 4:36PM Olectra Greentech informs about analyst meet15 Dec 2021, 3:34PM Olectra Greentech acquires 34% stake in Evey Trans2 Dec 2021, 4:45PM Olectra Greentech, Evey Trans get LoA from KTCL2 Dec 2021, 4:12PM Olectra Greentech, Evey Trans get LoA worth Rs 250 crore10 Nov 2021, 10:09AM Olectra Greentech informs about updates8 Nov 2021, 3:16PM Olectra Greentech, Evey Trans get LoA for 100 Electric Buses8 Nov 2021, 2:25PM Olectra Greentech supplies new electric buses to Evey Trans14 Oct 2021, 4:51PM Olectra Greentech informs about compliance certificate 12 Oct 2021, 1:23PM Olectra Greentech informs bout analyst meet14 Sep 2021, 4:50PM Olectra Greentech informs about disclosure25 Aug 2021, 1:06PM Olectra Greentech wins 50 EV bus order from GSRTC17 Aug 2021, 12:42PM Olectra Greentech, Evey Trans get LoA for 50 Electric Buses16 Aug 2021, 4:29PM Olectra Greentech informs about updates2 Aug 2021, 4:12PM Olectra Greentech informs about disclosure27 Jul 2021, 11:01AM Olectra Greentech informs about disclosure of related party transactions15 Jul 2021, 12:25PM Olectra Greentech informs about disclosure19 Jun 2021, 2:53PM Olectra Greentech emerges as least quoted bidder for supply of 100 electric buses25 May 2021, 11:47AM Olectra Greentech informs about disclosure24 May 2021, 12:46PM Olectra Greentech bags Rs 30 crore orders for insulators26 Apr 2021, 3:14PM Olectra Greentech incorporates subsidiary Company 13 Apr 2021, 10:57AM Olectra Greentech receives LoA for 50 Electric Buses5 Apr 2021, 10:28AM Olectra Greentech informs about investor conference17 Mar 2021, 4:12PM Olectra Greentech informs about certificate16 Jan 2021, 10:35AM Olectra Greentech, Evey Trans win 150 EV bus order 31 Dec 2020, 12:52PM Dehradun adds electric bus footprint with Olectra Greentech11 Dec 2020, 2:28PM Olectra Greentech informs about disclosure of related party transactions28 Nov 2020, 2:18PM Olectra Greentech informs about disclosure23 Nov 2020, 1:56PM Olectra Greentech informs about outcome of board meeting31 Oct 2020, 3:10PM Olectra Greentech acquires 26% stake in EVEY16 Jun 2020, 2:03PM Olectra Greentech informs about resumption of operations7 May 2020, 10:38AM

Olectra Greentech Stock Price Analysis and Quick Research Report. Is Olectra Greentech an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Olectra Greentech has a PE ratio of 68.5329640952524 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Olectra Greentech has ROA of 3.45849521873918 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Olectra Greentech has a Current ratio of 2.55517053421071 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Olectra Greentech has a ROE of 4.68073952802522 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Olectra Greentech has a D/E ratio of 0.0845 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Olectra Greentech has an Inventory turnover ratio of 9.67658544043571 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Olectra Greentech has reported revenue growth of 111.177684310769 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Olectra Greentech for the current financial year is 13.8122853077476 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Olectra Greentech is Rs 0.4 and the yield is 0.0798 %.

Brief about Olectra Greentech

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