Ticker >

Olectra Greentech share price

Olectra Greentech Ltd.

NSE: OLECTRA BSE: 532439 SECTOR: Automobiles-Trucks/Lcv  281k   960   152

1745.30
-62.50 (-3.46%)
NSE: Today, 03:32 PM

Price Summary

Today's High

₹ 1769

Today's Low

₹ 1591.65

52 Week High

₹ 2221.95

52 Week Low

₹ 622.25

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

14325.55 Cr.

Enterprise Value

14228.83 Cr.

No. of Shares

8.21 Cr.

P/E

159.58

P/B

15.79

Face Value

₹ 4

Div. Yield

0.02 %

Book Value (TTM)

₹  110.54

CASH

165.72 Cr.

DEBT

69 Cr.

Promoter Holding

50.02 %

EPS (TTM)

₹  10.94

Sales Growth

93.77%

ROE

8.68 %

ROCE

13.86%

Profit Growth

98.06 %

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

Your Added Ratios

Please login to Add & View your own added ratios.

Login

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

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

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year93.77%
3 Year42.08%
5 Year47.68%

Profit Growth

1 Year98.06%
3 Year87.64%
5 Year51.38%

ROE%

1 Year8.68%
3 Year5.02%
5 Year2.69%

ROCE %

1 Year13.86%
3 Year8.21%
5 Year5.46%

Debt/Equity

0.0813

Price to Cash Flow

8876.36

Interest Cover Ratio

3.92227778187615

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 50.02 0
Dec 2023 50.02 0
Sep 2023 50.02 0
Jun 2023 50.02 0
Mar 2023 50.02 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 87.6369989273652% for the Past 3 years.
  • The company has shown a good revenue growth of 42.0784539559338% for the Past 3 years.
  • Company is virtually debt free.
  • The company has an efficient Cash Conversion Cycle of 51.0403864426703 days.
  • The company has a high promoter holding of 50.02%.

 Limitations

  • Company has a poor ROE of 5.01912159188719% over the past 3 years.
  • The company is trading at a high PE of 159.58.
  • The company is trading at a high EV/EBITDA of 81.405.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 368.4 206.02 297.87 331.95 278.13
Total Expenditure 320.42 168.92 257.08 284.81 247.37
Operating Profit 47.99 37.1 40.79 47.14 30.77
Other Income 0.83 1.51 3.4 2.71 4.61
Interest 7.72 7.13 9.35 13.07 12.68
Depreciation 6.68 6.64 6.77 6.85 6.82
Exceptional Items 0 0 0 0 0
Profit Before Tax 34.42 24.84 28.07 29.92 15.88
Tax 6.61 6.14 7.08 7.64 4.2
Profit After Tax 27.81 18.7 20.99 22.28 11.68
Adjusted EPS (Rs) 3.39 2.28 2.56 2.71 1.42

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 290.3 395.53 277.22 585.43 1134.41
Total Expenditure 304.09 386.44 256.35 504.57 1005.75
Operating Profit -13.78 9.09 20.88 80.86 128.65
Other Income 15.13 26.39 11.43 7.87 19.97
Interest 14.93 13.79 7.43 9.27 31.18
Depreciation 6.22 8.83 8.89 24.85 26.34
Exceptional Items 0 0.5 0 -2.55 0
Profit Before Tax -19.8 13.35 15.99 52.07 91.11
Tax -6.23 2.65 3.78 16.37 20.41
Net Profit -13.58 10.7 12.21 35.7 70.7
Adjusted EPS (Rs.) -1.71 1.3 1.49 4.35 8.61

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 31.75 32.83 32.83 32.83 32.83
Total Reserves 673.47 699.16 711.43 748.22 815.79
Borrowings 3.48 2.83 3.93 52.08 9.25
Other N/C liabilities -6.32 8.52 5.92 33.61 42.99
Current liabilities 153.91 146.34 143.72 299.79 601.77
Total Liabilities 856.28 889.68 897.83 1166.54 1502.63
Assets
Net Block 101.72 105.88 249.25 288.86 273.89
Capital WIP 0 0 0 1.27 3.82
Intangible WIP 0 0 0 0 0
Investments 5.01 0.01 32.24 32.25 34.59
Loans & Advances 11.8 12.71 14.45 13.63 21.73
Other N/C Assets 0.11 0.07 47.89 65.11 34.4
Current Assets 737.64 771 554.01 765.42 1134.19
Total Assets 856.28 889.68 897.83 1166.54 1502.63
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations -19.8 13.35 15.99 52.07 91.11
Adjustment 6.32 -3.98 5.66 28.7 46.94
Changes in Assets & Liabilities -186.76 -192.28 221.34 41.86 -119.3
Tax Paid -0.76 -2.63 -3.22 -2.29 -17.14
Operating Cash Flow -201 -185.54 239.77 120.34 1.61
Investing Cash Flow -236.45 165.84 -209.24 -161.78 13.49
Financing Cash Flow 457.55 0.41 -21.57 48.61 -28.15
Net Cash Flow 20.1 -19.29 8.96 7.17 -13.05

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 50.02 50.02 50.02 50.02 50.02
meil holdings limited 50.02 50.02 50.02 - 50.02
meil holdings limited - - - 50.02 -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 49.98 49.98 49.98 49.98 49.98
investor education and pr... - 0.29 0.29 - 0.29
nomura india investment f... 2.54 2.42 1.60 1.48 1.20
investor education and pr... 0.29 - - 0.29 -
ujwal kumar pagariya - - 1.10 1.10 -
goldstone power private l... 1.32 1.09 - - -
jupiter india fund 1.72 1.72 - - -
chartered finance & leasi... 1.20 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Olectra Greentech - Quaterly Results25 Apr 2024, 5:47PM Olectra Greentech informs about board meeting19 Apr 2024, 6:09PM Olectra Greentech extends cooperation agreement with BYD Auto Industry3 Apr 2024, 4:47PM Olectra Greentech informs about closure of trading window28 Mar 2024, 4:47PM Olectra Greentech gets LoA from Assam State Transport Corporation19 Mar 2024, 4:00PM Olectra Greentech's consortium gets LoA for 2,400 Electric Buses22 Feb 2024, 3:36PM Olectra Greentech informs about issuance of letter of confirmation21 Feb 2024, 2:16PM Olectra Greentech - Quaterly Results27 Jan 2024, 2:14PM Olectra Greentech - Quaterly Results27 Jan 2024, 2:14PM Olectra Greentech - Quaterly Results27 Jan 2024, 2:14PM Olectra Greentech receives LoA from Vasai Virar City Municipal Corporation8 Dec 2023, 9:24AM Olectra Greentech - Quaterly Results4 Nov 2023, 5:49PM Olectra Greentech - Quaterly Results4 Nov 2023, 5:49PM Olectra Greentech - Quaterly Results4 Nov 2023, 5:49PM Olectra Greentech acquires 34% stake in Evey Trans (MSR)12 Sep 2023, 11:09AM Olectra Greentech reports 8% rise in Q1 consolidated net profit8 Aug 2023, 12:30PM Olectra Greentech - Quaterly Results7 Aug 2023, 5:19PM Olectra Greentech - Quaterly Results7 Aug 2023, 5:19PM Olectra Greentech - Quaterly Results7 Aug 2023, 5:19PM Olectra Greentech submits board meeting intimation29 Jul 2023, 2:53PM Olectra Greentech awards contract to Megha Engineering & Infrastructures19 Jul 2023, 6:17PM Olectra Greentech informs about compliance certificate18 Jul 2023, 4:53PM Olectra Greentech's consortium gets LOI from MSRTC7 Jul 2023, 2:57PM Olectra Greentech informs about newspaper advertisement24 Jun 2023, 3:34PM Olectra Greentech informs about loss of share certificates25 May 2023, 3:10PM Olectra Greentech submits analyst meet intimation23 May 2023, 5:00PM Olectra Greentech informs about transcript of audio recording of call16 May 2023, 5:11PM Olectra Greentech informs about analyst meet10 May 2023, 5:04PM Olectra Greentech informs about conference call8 May 2023, 4:58PM Olectra Greentech - Quaterly Results5 May 2023, 5:28PM Olectra Greentech - Quaterly Results5 May 2023, 5:28PM Olectra Greentech - Quaterly Results5 May 2023, 5:28PM Olectra Greentech informs about receipt of order6 Mar 2023, 9:48AM Olectra Greentech’s arm bags order from TSRTC for electric buses6 Mar 2023, 9:18AM Olectra Greentech unveils hydrogen bus23 Feb 2023, 4:13PM Olectra Greentech - Quaterly Results25 Jan 2023, 12:45PM Olectra Greentech - Quaterly Results25 Jan 2023, 12:45PM Olectra Greentech - Quaterly Results25 Jan 2023, 12:45PM Olectra Greentech informs about analyst meet5 Dec 2022, 12:14PM 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 Stock Price Analysis and Quick Research Report. Is Olectra Greentech an attractive stock to invest in?

 

The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?
We can look into more details and dig a little deeper into the analysis of the stock of this sector. Let’s look at how Olectra Greentech is performing and if it is the right time to buy the stock of Olectra Greentech with detailed analysis.

  • The mainstream of revenue for Auto Sector is their sales, Olectra Greentech has reported outstanding sales growth of 93.7729126062678 % and in the latest quarter sales was Rs 278.134 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 11.3029862963061 times for Olectra Greentech . It is managing its inventory poorly
     
  • Olectra Greentech reported Profit growth of 98.0575997041859 % over the year, where the latest year profit is Rs 70.7028 Cr compared to the previous year of Rs 35.6981 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
     
  • The operating profit of Olectra Greentech in the latest quarter is Rs 30.765 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
     
  • Olectra Greentech has a poor ROE of 8.67689042871346 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. Olectra Greentech has a low Debt to Equity ratio of 0.0813.
     
  • Olectra Greentech pays a dividend of 0.4 Rs per share. It tells us that a company dislikes to share profits with its shareholders. The dividend yield is low at 0.0221 %.
     
  • The share of promoter in Olectra Greentech is high at 50.02 %, where the pledging is 0 %.
     
  • What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Olectra Greentech is 165.293638965338 compared to the 5 year average PE of 81.350131421102 .
     
  • Share Price: - The current share price of Olectra Greentech is Rs 1807.8. One can use valuation calculators of ticker to know if Olectra Greentech share price is undervalued or overvalued.
Last Updated on:
Brief about Olectra Greentech

Olectra Greentech Ltd. Financials: Check Share price, Balance Sheet, Annual report and Quarterly Results for company analysis

Welcome to the Olectra Greentech Ltd. Share Analysis Page! As a long-term stock investor, you'll find comprehensive analysis of Olectra Greentech Ltd.'s stock here. In this article, we will delve into various aspects of the company's stock, including the stock price, balance sheet, annual report, dividend, quarterly results, share price movement, price chart, news, concall transcripts, investor presentations, promoters, and shareholders. Our aim is to provide you with the necessary information to make well-informed investment decisions.

Olectra Greentech Ltd. Stock Price Analysis

Analyzing the historical trends of Olectra Greentech Ltd.'s stock price is essential for long-term investors. By using our pre-built screening tools, you can track and analyze the stock's price trend. Evaluating the stock price trend over time provides valuable insights into the company's performance, helping you make more informed investment decisions. A stock's share price is determined by a range of factors such as market sentiment, financial performance, and general economic conditions.

Olectra Greentech Ltd. Balance Sheet Analysis

To understand the financial stability of Olectra Greentech Ltd., analyzing the company's balance sheet is paramount. As a long-term investor, it is crucial to thoroughly evaluate the company's assets, liabilities, and equity. By assessing the balance sheet, you can gain insights into the company's financial health and its ability to generate future profits. Our platform provides detailed analysis of Olectra Greentech Ltd.'s balance sheet, assisting you in making well-informed investment decisions.

Olectra Greentech Ltd. Annual Report Analysis

Olectra Greentech Ltd.'s annual report serves as a comprehensive source of information for investors like you. You can download copies of the company's annual reports from our website. By exploring these reports, you can gain valuable insights into the company's revenues, projects, and future prospects. Analyzing the annual report is a crucial step in planning your investment strategies accordingly.

Olectra Greentech Ltd. Dividend Analysis

For long-term investors seeking consistent income, understanding Olectra Greentech Ltd.'s dividend policy and history is crucial. Our platform offers a detailed analysis of the company's dividend policy and history, enabling you to make informed decisions. By studying the company's dividend history, you can assess its ability to generate consistent income. This analysis allows you to make well-informed investment decisions regarding Olectra Greentech Ltd.'s stock.

Olectra Greentech Ltd. Quarterly Result Analysis

Analyzing Olectra Greentech Ltd.'s quarterly results provides insights into the company's performance over the short-to-medium term. Our platform presents details on the company's revenue, profit, and key financial ratios. By thoroughly analyzing the company's quarterly reports, you can gain a comprehensive understanding of its performance. Our pre-built screening tools can assist you in conducting a thorough analysis of the company's quarterly results, helping you make more informed investment decisions.

Olectra Greentech Ltd. Share Price Movement Analysis

The movement of Olectra Greentech Ltd.'s share price directly impacts its growth potential and presents investment opportunities. By studying the stock price trend, long-term investors like yourself can gain insights into potential future performance. Our platform offers an interactive price chart that allows you to evaluate the historical movement of the company's shares. Evaluating the stock price trends can help you identify potential risks and opportunities associated with Olectra Greentech Ltd.

Olectra Greentech Ltd. Price Chart Analysis

Analyzing Olectra Greentech Ltd.'s price chart helps long-term investors visualize the stock price movement over time. Our platform features a comprehensive price chart that enables you to study trends and patterns, aiding in investment decision-making. By examining the chart, you can identify key inflection points, technical support and resistance levels, and other important factors. This evaluation facilitates the identification of potential risks and opportunities associated with Olectra Greentech Ltd. Our website provides pre-built screening tools to help investors analyze stock price and performance.

??Olectra Greentech Ltd. News Analysis

Staying updated with the latest news and developments related to Olectra Greentech Ltd. is crucial for long-term investors. Our platform aggregates news articles from various sources, providing comprehensive coverage about the company. Analyzing the news helps investors understand the company's performance, potential challenges, and areas for improvement. This information enables investors like you to make informed decisions regarding whether to hold, sell, or buy Olectra Greentech Ltd. shares.

Olectra Greentech Ltd. Concall Transcripts Analysis

Olectra Greentech Ltd.'s concall transcripts provide direct insights into the company's performance and management's views on future prospects. These transcripts offer valuable information about management's strategies, responses to analyst queries, and future outlook. Analyzing the concall transcripts enables investors to understand the company's management principles and make informed investment decisions. You can access Olectra Greentech Ltd.'s concall transcripts on our platform.

Olectra Greentech Ltd. Investor Presentations Analysis

Olectra Greentech Ltd.'s investor presentations offer deeper insights into the company's business strategy, financial performance, and growth prospects. Our platform features the company's investors presentations, enabling you to gain a better understanding of its plans and future trajectory. Evaluating this information allows investors to make informed decisions, such as investing in additional shares or selling existing ones when appropriate.

Olectra Greentech Ltd. Promoters Analysis

Understanding the background and holdings of Olectra Greentech Ltd.'s promoters is crucial for gauging management's alignment with shareholder interests. Analyzing the promoter shareholding provides an indicator of potential growth and management commitment to the company's success. Our platform provides detailed analysis of Olectra Greentech Ltd.'s promoters to assist you in making well-informed investment decisions.

Olectra Greentech Ltd. Shareholders Analysis

Understanding the shareholder base of Olectra Greentech Ltd. is essential for investors. Our platform offers insights into the prominent shareholders of the company, allowing you to assess investor sentiment and popularity among institutional and retail investors. Analyzing the shareholders helps investors make more informed decisions about Olectra Greentech Ltd.'s stock. You can access this analysis on our platform.

Olectra Greentech Ltd. Premium Features and Tools Analysis

In addition to our pre-built screening tools, our platform provides access to premium features and tools, such as DCF (Discounted Cash Flow) Analysis, BVPS (Book Value Per Share) Analysis, Earnings multiple approaches, and DuPont analysis. These premium tools offer a comprehensive evaluation of Olectra Greentech Ltd.'s intrinsic value and financial performance, enabling investors to make informed decisions. You can take advantage of these tools to gain deeper insights into Olectra Greentech Ltd.'s stock.

On our platform, you can download copies of Olectra Greentech Ltd.'s annual reports and quarterly results, enabling thorough analysis of the latest financial information.

Explore our Olectra Greentech Ltd. Share Analysis Page and start analyzing the stock with confidence. Our platform provides you with the necessary tools and information to make well-informed investment decisions.

Read More
X