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Ola Electric Mobility Ltd

NSE: OLAELEC BSE: 544225Auto

Founded in 2017, Ola Electric Mobility Limited is an electric vehicle company that primarily manufactures electric vehicles and core components for electric vehicles. These components include battery packs, motors, and vehicle frames, all produced at the Ola Futurefactory.[1]

35
52W: ₹21.2 — ₹71.2
PE 0 · Book ₹25 · +40% vs book
Market Cap₹15,416 Cr
Stock P/EPrice to Earnings
ROCE0.59%Return on Capital
ROE0.58%Return on Equity
Div. Yield0%Face Value ₹10

Strengths

  • +Company has reduced debt.
  • +Company is almost debt free.

Weaknesses

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 10.9% over past five years.
  • Company has a low return on equity of -0.87% over last 3 years.
  • Company has high debtors of 608 days.
  • Company's cost of borrowing seems high
  • Working capital days have increased from 13,842 days to 39,055 days

Shareholding Pattern

Promoters34.59%
FIIs4%
DIIs7.01%
Public49.64%
CategorySep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters36.78%36.78%36.78%36.78%36.78%34.59%2.234.59%
FIIs4.18%2.11%2.12.89%0.84.47%1.63.24%1.24.08%0.84%0.1
DIIs5.16%4.55%0.62.93%1.62.87%0.16.78%3.97.28%0.57.01%0.3
Public48.41%51.25%2.852.14%0.950.7%1.448.33%2.449.21%0.949.64%0.4

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales9061110101
Expenses43426114392078161424
Operating Profit-34-42-55-13-38-19-78-15-14-23
OPM %-378%0%-917%-1300%-3800%-1900%0%-1500%0%-2300%
Net Profit-7-14-14-6-1133-56-11-14-32
EPS ₹-0.04-0.07-0.07-0.03-0.020.07-0.13-0.02-0.03-0.07

AI Insights

Revenue Trend

TTM revenue at ₹2Cr, down 33.3% YoY. OPM at -6500%.

Debt Position

Borrowings at ₹474Cr. Debt-to-equity ratio: 0.07x. Healthy balance sheet.

Institutional Flow

DIIs: 7.01% (+1.85pp change). FIIs: 4% (-0.18pp change). Promoters hold 34.59%.

Margin & Efficiency

ROCE improving from 0% (Mar 2018) to 1% (Mar 2025). Working capital days: 39055.

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