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 ₹ 26,862 Cr.
- Current Price ₹ 60.9
- High / Low ₹ 158 / 58.5
- 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 4.09 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 | TTM | |
|---|---|---|---|---|---|
| 1 | 373 | 2,631 | 5,010 | 5,501 | |
| 278 | 1,174 | 3,883 | 6,276 | 6,857 | |
| Operating Profit | -277 | -800 | -1,252 | -1,266 | -1,356 |
| OPM % | -32,228% | -214% | -48% | -25% | -25% |
| 98 | 83 | 55 | 226 | 351 | |
| Interest | 1 | 18 | 108 | 187 | 305 |
| Depreciation | 20 | 49 | 167 | 358 | 512 |
| Profit before tax | -199 | -784 | -1,472 | -1,584 | -1,822 |
| Tax % | 0% | 0% | 0% | 0% | |
| -199 | -784 | -1,472 | -1,584 | -1,822 | |
| EPS in Rs | -199,230.00 | -4.01 | -7.53 | -8.10 | -5.98 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 1699% |
| TTM: | 90% |
| Compounded Profit Growth | |
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| 5 Years: | % |
| 3 Years: | % |
| TTM: | -14% |
| Stock Price CAGR | |
|---|---|
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| Return on Equity | |
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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
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Schedule Of Proposed Participation In Investor / Analyst Meeting / Conferences
15h - Participation in investor/analyst meetings scheduled.
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Disclosure Pursuant To Regulation 30 Of The SEBI (LODR) Regulations, 2015 ("SEBI Listing Regulations").
2d - Disclosure of information to CCPA compliance.
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PURSUANT TO REGULATION 30 READ WITH SCHEDULE-III OF THE SEBI (LODR) REGULATIONS, 2015 ('SEBI LISTING REGULATIONS').
19 Feb - Renegotiating agreements affecting vehicle registration process.
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Schedule Of Proposed Participation In Investor / Analyst Meeting / Conferences
17 Feb - Participation in investor/analyst meetings scheduled.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
10 Feb - Transcript of the conference call of with analyst / Investors conducted on Friday, February 07, 2025 of Ola Electric Mobility Limited
Concalls
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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]