Ola Electric Mobility Ltd
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]
- Market Cap ₹ 23,845 Cr.
- Current Price ₹ 54.1
- High / Low ₹ 158 / 46.3
- Stock P/E 11,922
- Book Value ₹ 14.9
- Dividend Yield 0.00 %
- ROCE -0.52 %
- ROE -1.12 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.65 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -3.99% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.200 Cr.
- Company has high debtors of 703 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Automobile Industry: Automobiles - Motorcycles / Mopeds
Part of BSE Allcap BSE Consumer Discretionary Nifty LargeMidcap 250 Nifty Midcap 150 Nifty MidSmallcap 400
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|
0.10 | 1.79 | 0.87 | 28.13 | 170.15 | 82.00 | 9.00 | |
7.97 | 128.58 | 193.95 | 328.48 | 327.00 | 221.00 | 134.00 | |
Operating Profit | -7.87 | -126.79 | -193.08 | -300.35 | -156.85 | -139.00 | -125.00 |
OPM % | -7,870.00% | -7,083.24% | -22,193.10% | -1,067.72% | -92.18% | -169.51% | -1,388.89% |
2.04 | 128.56 | 99.23 | 84.62 | 125.61 | 121.00 | 200.00 | |
Interest | 0.00 | 0.51 | 0.44 | 0.18 | 0.10 | 2.00 | 69.00 |
Depreciation | 0.25 | 5.76 | 9.40 | 6.98 | 7.40 | 6.00 | 4.00 |
Profit before tax | -6.08 | -4.50 | -103.69 | -222.89 | -38.74 | -26.00 | 2.00 |
Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
-6.08 | -4.51 | -103.69 | -222.89 | -38.74 | -26.00 | 2.00 | |
EPS in Rs | -6,080.00 | -4,510.00 | -103,690.00 | -1.14 | -0.20 | -0.13 | -0.05 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 283% |
3 Years: | 355% |
TTM: | -52% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 20% |
TTM: | 33% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -4% |
3 Years: | -4% |
Last Year: | -1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 0.01 | 0.01 | 0.01 | 1,955.45 | 1,955.45 | 1,955.00 | 4,411.00 |
Reserves | 279.99 | 2,130.02 | 2,068.58 | 560.79 | 683.33 | 64.00 | 2,162.00 |
0.23 | 0.01 | 3.30 | 1,804.12 | 1,809.70 | 2,711.00 | 3,355.00 | |
34.54 | 48.92 | 79.92 | 151.59 | 262.06 | 3,005.00 | 2,643.00 | |
Total Liabilities | 314.77 | 2,178.96 | 2,151.81 | 4,471.95 | 4,710.54 | 7,735.00 | 12,571.00 |
21.96 | 40.13 | 35.07 | 32.96 | 29.05 | 2,785.00 | 3,287.00 | |
CWIP | 0.00 | 9.22 | 40.57 | 31.98 | 105.42 | 419.00 | 99.00 |
Investments | 91.21 | 20.21 | 588.71 | 1,961.82 | 2,613.98 | 64.00 | 40.00 |
201.60 | 2,109.40 | 1,487.46 | 2,445.19 | 1,962.09 | 4,467.00 | 9,145.00 | |
Total Assets | 314.77 | 2,178.96 | 2,151.81 | 4,471.95 | 4,710.54 | 7,735.00 | 12,571.00 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
-109.85 | -183.71 | -311.50 | -87.47 | |||
-1,759.95 | 467.88 | -1,291.90 | -1,065.75 | |||
1,851.61 | -1.01 | 2,454.44 | 56.50 | |||
Net Cash Flow | -18.19 | 283.16 | 851.04 | -1,096.72 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 0.00 | 4.08 | 33.56 | 148.05 | 35.14 | 703.29 |
Inventory Days | 150.38 | 84.37 | 3,618.71 | |||
Days Payable | 975.48 | 165.39 | 7,034.07 | |||
Cash Conversion Cycle | 0.00 | 4.08 | 33.56 | -677.06 | -45.89 | -2,712.06 |
Working Capital Days | -120,888.00 | 715.73 | -11,638.05 | 1,551.09 | 415.00 | -1,994.15 |
ROCE % | -2.98% | -4.59% | -6.96% | -0.88% | -0.52% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
45s - Ola Electric Mobility Limited has informed regarding Press Release dated April 3, 2025
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Intimation Of Investors Presentation
1d - Investor presentation shared with stock exchanges.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
2d - Ola Electric registers 3,44,005 units, maintains 30% market share.
-
Intimation Of Monthly Business Update Of March 2025
2d - Ola Electric reports strong vehicle registrations in March 2025.
- Closure of Trading Window 2d
Concalls
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Apr 2025TranscriptNotesPPT
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT REC
Market Leadership[1] Co. is the largest E-Scooter Manufacturing company in India, with 31% market share in the E2W sector, selling 329,618 scooters in FY24.[2]