Olectra Greentech Ltd
NSE: OLECTRA BSE: 532439
Olectra Greentech Limited was incorporated in 2000 . The Company is primarily engaged in the manufacturing of composite polymer insulators and electrical buses. Its registered office is in Hyderabad. [1] [2]
₹1,208
52W: ₹867 — ₹1714
PE 67.7 · Book ₹137 · +782% vs bookMarket Cap₹9,916 Cr
Stock P/E67.7Price to Earnings
ROCE21%Return on Capital
ROE14.2%Return on Equity
Div. Yield0.03%Face Value ₹4
Strengths
- +Company has delivered good profit growth of 70.2% CAGR over last 5 years
- +Company's median sales growth is 45.1% of last 10 years
Weaknesses
- −Stock is trading at 8.63 times its book value
- −Company has a low return on equity of 10.6% over last 3 years.
Shareholding Pattern
Promoters50.02%
FIIs7.11%
DIIs0.68%
Public42.2%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 50.02% | 50.02% | 50.02% | 50.02% | 50.02% | 50.02% | 50.02% | 50.02% |
| FIIs | 7.61% | 5.64%▼2.0 | 5.69%▲0.1 | 5.38%▼0.3 | 5.66%▲0.3 | 7.04%▲1.4 | 6.9%▼0.1 | 7.11%▲0.2 |
| DIIs | 0.19% | 0.28%▲0.1 | 0.31%▲0.0 | 0.45%▲0.1 | 0.48%▲0.0 | 0.69%▲0.2 | 0.82%▲0.1 | 0.68%▼0.1 |
| Public | 42.19% | 44.08%▲1.9 | 44%▼0.1 | 44.16%▲0.2 | 43.84%▼0.3 | 42.25%▼1.6 | 42.28%▲0.0 | 42.2%▼0.1 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 298 | 332 | 278 | 304 | 514 | 507 | 438 | 338 | 647 | 654 |
| Expenses | 257 | 285 | 247 | 264 | 434 | 430 | 386 | 294 | 559 | 566 |
| Operating Profit | 41 | 47 | 31 | 41 | 80 | 77 | 52 | 44 | 88 | 89 |
| OPM % | 14% | 14% | 11% | 13% | 16% | 15% | 12% | 13% | 14% | 14% |
| Net Profit | 21 | 22 | 12 | 21 | 48 | 46 | 24 | 22 | 53 | 47 |
| EPS ₹ | 2.56 | 2.71 | 1.42 | 2.53 | 5.87 | 5.64 | 2.96 | 2.73 | 6.43 | 5.74 |
AI Insights
Revenue Trend
TTM revenue at ₹2,077Cr, up 17.8% YoY. OPM at 13%.
Debt Position
Borrowings at ₹319Cr. Debt-to-equity ratio: 0.29x. Healthy balance sheet.
Capex Cycle
CWIP at ₹207Cr (61% of fixed assets). Significant capex underway — growth runway building.
Institutional Flow
DIIs: 0.68% (+0.57pp change). FIIs: 7.11% (-1.44pp change). Promoters hold 50.02%.
Margin & Efficiency
ROCE improving from 8% (Mar 2014) to 21% (Mar 2025). Working capital days: 95.
Valuation
PE 67.7x with 21% ROCE. Price is 782% above book value of ₹137. Dividend yield: 0.03%.
Recent Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 29 Apr - Olectra Greentech says it is not a Large Corporate; long-term borrowings were Rs 199.59 crore as of March 31, 2026.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Regulation 74(5) compliance certificate filed for quarter ended March 31, 2026.
- Closure of Trading Window 30 Mar - Trading window closed from 01 Apr 2026 until 48 hours after audited results for quarter/year ended 31 Mar 2026.
- Announcement under Regulation 30 (LODR)-Change in Management 20 Mar - Appointment of Rajesh Sharma as Vice President-Sales, Marketing & Communications (Mobility), effective March 20, 2026.
- Clarification On Movement In Volume 20 Mar - Clarifies BSE query: no undisclosed price-sensitive information; volume increase market-driven, no pending Regulation 30 disclosures.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse