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 ₹ 32,278 Cr.
- Current Price ₹ 73.2
- High / Low ₹ 158 / 66.6
- Stock P/E
- Book Value ₹ 14.9
- Dividend Yield 0.00 %
- ROCE -32.1 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 4.92 times its book value
- Company has low interest coverage ratio.
- Company might be capitalizing the interest cost
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 1 | 373 | 2,631 | 5,010 | |
| 278 | 1,174 | 3,883 | 6,276 | |
| Operating Profit | -277 | -800 | -1,252 | -1,266 |
| OPM % | -32,228% | -214% | -48% | -25% |
| 98 | 83 | 55 | 226 | |
| Interest | 1 | 18 | 108 | 187 |
| Depreciation | 20 | 49 | 167 | 358 |
| Profit before tax | -199 | -784 | -1,472 | -1,584 |
| Tax % | 0% | 0% | 0% | 0% |
| -199 | -784 | -1,472 | -1,584 | |
| EPS in Rs | -199,230.00 | -4.01 | -7.53 | -8.10 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 1699% |
| TTM: | 90% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -14% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 1,955 | 1,955 | 1,955 | 4,411 |
| Reserves | 1,971 | -98 | -1,409 | -2,909 | 2,162 |
| 42 | 2,608 | 3,505 | 5,684 | 3,355 | |
| 100 | 931 | 1,521 | 3,006 | 2,643 | |
| Total Liabilities | 2,113 | 5,396 | 5,573 | 7,735 | 12,571 |
| 104 | 1,025 | 1,219 | 2,491 | 3,287 | |
| CWIP | 43 | 83 | 507 | 713 | 99 |
| Investments | 455 | 1,102 | 276 | 64 | 40 |
| 1,510 | 3,186 | 3,571 | 4,468 | 9,145 | |
| Total Assets | 2,113 | 5,396 | 5,573 | 7,735 | 12,571 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| -252 | -885 | -1,507 | -633 | |
| 549 | -1,322 | -319 | -1,136 | |
| 3 | 3,085 | 659 | 1,590 | |
| Net Cash Flow | 300 | 878 | -1,167 | -179 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 161 | 15 | 12 | 12 |
| Inventory Days | 216 | 83 | 58 | |
| Days Payable | 271 | 98 | 112 | |
| Cash Conversion Cycle | 161 | -40 | -4 | -43 |
| Working Capital Days | -21,055 | -23 | 40 | -34 |
| ROCE % | -24% | -30% | -32% |
Documents
Announcements
-
Disclosure Pursuant To Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('Sebi Listing Regulations').
10 Jan - Disclosure of information request from CCPA.
-
Disclosure Pursuant To Regulation 30 Of The SEBI ('SEBI') (LODR) Regulations, 2015.
7 Jan - Extension granted by Karnataka High Court for CCPA response.
-
Dissemination Of Administrative Warning Received From The SEBI
7 Jan - Administrative warning received from SEBI regarding disclosure violations.
-
Intimation For Change In The Name Of Registrar And Transfer Agent.
3 Jan - Change of name of Registrar and Share Transfer Agent.
-
Closure of Trading Window
31 Dec - Trading window closure effective January 1, 2025.
Concalls
-
Nov 2024Transcript PPT REC
-
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]