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 ₹ 32,768 Cr.
- Current Price ₹ 74.3
- High / Low ₹ 158 / 70.5
- Stock P/E
- Book Value ₹ 14.9
- Dividend Yield 0.00 %
- ROCE -0.52 %
- ROE -1.12 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 4.99 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
- 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.
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 | |
|---|---|---|---|---|---|---|
| 0 | 2 | 1 | 28 | 170 | 82 | |
| 8 | 129 | 194 | 328 | 327 | 221 | |
| Operating Profit | -8 | -127 | -193 | -300 | -157 | -139 |
| OPM % | -7,870% | -7,083% | -22,193% | -1,068% | -92% | -170% |
| 2 | 129 | 99 | 85 | 126 | 121 | |
| Interest | 0 | 1 | 0 | 0 | 0 | 2 |
| Depreciation | 0 | 6 | 9 | 7 | 7 | 6 |
| Profit before tax | -6 | -4 | -104 | -223 | -39 | -26 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% |
| -6 | -5 | -104 | -223 | -39 | -26 | |
| EPS in Rs | -6,080.00 | -4,510.00 | -103,690.00 | -1.14 | -0.20 | -0.13 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| 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 | 1,955 | 1,955 | 4,411 |
| Reserves | 280 | 2,130 | 2,069 | 561 | 683 | 64 | 2,162 |
| 0 | 0 | 3 | 1,804 | 1,810 | 2,711 | 3,355 | |
| 35 | 49 | 80 | 152 | 262 | 3,005 | 2,643 | |
| Total Liabilities | 315 | 2,179 | 2,152 | 4,472 | 4,711 | 7,735 | 12,571 |
| 22 | 40 | 35 | 33 | 29 | 2,785 | 3,287 | |
| CWIP | 0 | 9 | 41 | 32 | 105 | 419 | 99 |
| Investments | 91 | 20 | 589 | 1,962 | 2,614 | 64 | 40 |
| 202 | 2,109 | 1,487 | 2,445 | 1,962 | 4,467 | 9,145 | |
| Total Assets | 315 | 2,179 | 2,152 | 4,472 | 4,711 | 7,735 | 12,571 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| -110 | -184 | -312 | -87 | |||
| -1,760 | 468 | -1,292 | -1,066 | |||
| 1,852 | -1 | 2,454 | 56 | |||
| Net Cash Flow | -18 | 283 | 851 | -1,097 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 0 | 4 | 34 | 148 | 35 | 703 |
| Inventory Days | 150 | 84 | 3,619 | |||
| Days Payable | 975 | 165 | 7,034 | |||
| Cash Conversion Cycle | 0 | 4 | 34 | -677 | -46 | -2,712 |
| Working Capital Days | -120,888 | 716 | -11,638 | 1,551 | 415 | -1,994 |
| ROCE % | -3% | -5% | -7% | -1% | -1% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
2d - Transcript of Q2 FY25 earnings conference call.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Nov - Newspaper Publication of Unaudited Financial Results (Standalone and Consolidated) for the Quarter and Half Year Ended September 30, 2024.
-
Announcement under Regulation 30 (LODR)-Investor Presentation
8 Nov - Shareholders' letter for Q2 FY25 earnings call.
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
8 Nov - Monitoring Agency Report for Q2 FY2025 submitted.
-
Statement Of Deviation Or Variation In Utilisation Of Funds Raised Through Initial Public Offer (''IPO'') For The Quarter Ended September 30, 2024
8 Nov - No deviation in IPO fund utilization for Q3 2024.
Concalls
-
Nov 2024Transcript PPT
-
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]