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 ₹ 45,264 Cr.
- Current Price ₹ 103
- High / Low ₹ 158 / 76.0
- Stock P/E
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE -0.54 %
- ROE -0.99 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -3.83% over last 3 years.
* 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
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 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0 | 0 | 0 | 1,955 | 1,955 | |
| Reserves | 280 | 2,130 | 2,069 | 561 | 683 | |
| 0 | 0 | 3 | 1,804 | 1,810 | ||
| 35 | 49 | 80 | 152 | 262 | ||
| Total Liabilities | 315 | 2,179 | 2,152 | 4,472 | 4,711 | |
| 22 | 40 | 35 | 33 | 29 | ||
| CWIP | 0 | 9 | 41 | 32 | 105 | |
| Investments | 91 | 20 | 589 | 1,962 | 2,614 | |
| 202 | 2,109 | 1,487 | 2,445 | 1,962 | ||
| Total Assets | 315 | 2,179 | 2,152 | 4,472 | 4,711 |
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 | |
| Inventory Days | 150 | 84 | ||||
| Days Payable | 975 | 165 | ||||
| Cash Conversion Cycle | 0 | 4 | 34 | -677 | -46 | |
| Working Capital Days | -120,888 | 716 | -11,638 | 1,551 | 415 | |
| ROCE % | -3% | -5% | -7% | -1% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Registered Office Address
6m - Change in registered office location of the company.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
27 Sep - Ola Electric to double service network to 1,000 centres by December 2024.
- Closure of Trading Window 27 Sep
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
27 Sep - Ola Electric's S1 X 2 kWh receives PLI certification.
-
Intimation Pursuant To Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations') Regarding The Receipt Of Certification For Compliance With The Eligibility Assessment Requirements As Per The Production Linked Incentive (PLI) Scheme For The Automobile And Auto Component Industry.
26 Sep - Received certification under PLI Scheme for Ola S1 X scooter.
Concalls
-
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]