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 ₹ 23,307 Cr.
- Current Price ₹ 52.8
- High / Low ₹ 102 / 39.6
- Stock P/E
- Book Value ₹ 11.7
- Dividend Yield 0.00 %
- ROCE -28.1 %
- ROE -108 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 4.53 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 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 1 | 373 | 2,631 | 5,010 | 4,514 | 3,698 | |
| 278 | 1,174 | 3,883 | 6,276 | 6,249 | 5,469 | |
| Operating Profit | -277 | -800 | -1,252 | -1,266 | -1,735 | -1,771 |
| OPM % | -32,228% | -214% | -48% | -25% | -38% | -48% |
| 98 | 83 | 55 | 226 | 391 | 412 | |
| Interest | 1 | 18 | 108 | 187 | 366 | 393 |
| Depreciation | 20 | 49 | 167 | 358 | 566 | 605 |
| Profit before tax | -199 | -784 | -1,472 | -1,584 | -2,276 | -2,357 |
| Tax % | 0% | 0% | 0% | 0% | 0% | |
| -199 | -784 | -1,472 | -1,584 | -2,276 | -2,357 | |
| EPS in Rs | -199,230.00 | -4.01 | -7.53 | -8.10 | -5.16 | -5.34 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 130% |
| TTM: | -32% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -44% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -34% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | -108% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 1,955 | 1,955 | 1,955 | 4,411 |
| Reserves | 1,971 | -98 | -1,409 | -2,909 | 732 |
| 42 | 2,608 | 3,505 | 5,684 | 3,556 | |
| 100 | 931 | 1,521 | 3,006 | 2,376 | |
| Total Liabilities | 2,113 | 5,396 | 5,573 | 7,735 | 11,075 |
| 104 | 1,025 | 1,219 | 2,491 | 3,154 | |
| CWIP | 43 | 83 | 507 | 713 | 702 |
| Investments | 455 | 1,102 | 276 | 64 | 40 |
| 1,510 | 3,186 | 3,571 | 4,468 | 7,179 | |
| Total Assets | 2,113 | 5,396 | 5,573 | 7,735 | 11,075 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -252 | -885 | -1,507 | -633 | -2,391 | |
| 549 | -1,322 | -319 | -1,136 | -2,864 | |
| 3 | 3,085 | 659 | 1,590 | 5,429 | |
| Net Cash Flow | 300 | 878 | -1,167 | -179 | 174 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 161 | 15 | 12 | 12 | 1 |
| Inventory Days | 216 | 83 | 58 | 77 | |
| Days Payable | 271 | 98 | 112 | 94 | |
| Cash Conversion Cycle | 161 | -40 | -4 | -43 | -16 |
| Working Capital Days | -37,922 | -249 | -93 | -120 | -33 |
| ROCE % | -24% | -30% | -32% | -28% |
Documents
Announcements
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Board Meeting Intimation for To Consider And Approve The Proposal For Raising Of Funds.
1d - Board meeting Oct 25, 2025 to consider raising funds via equity or other securities (private placement, QIP, preferential).
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Clarification /Confirmation On News Item Appearing In Media/Publication
21 Oct - Oct 20 media: FIR over employee suicide; no chargesheet, company challenged FIR, protective orders granted.
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Clarification sought from Ola Electric Mobility Ltd
20 Oct - Exchange has sought clarification from Ola Electric Mobility Ltd on October 20, 2025, with reference to news appeared in www.business-standard.com dated October 20, 2025 quoting …
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Compliances-Certificate Under Reg. 74 (5) Of SEBI (DP) Regulations, 2018
17 Oct - Ola Electric Mobility Limited has informed about certificate under regulation 74 of SEBI (Depositories and Participants) Regulation, 2018 for the quarter ended September 30, 2025
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Pursuant To Regulation 30 Read With Schedule-III Of The SEBI (LODR) Regulations, 2015.
16 Oct - Launched Ola Shakti residential BESS Oct 16, 2025; prices ₹29,999–₹1,59,999; deliveries Makar Sankranti 2026.
Concalls
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Jul 2025Transcript PPT
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May 2025Transcript PPT REC
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May 2025TranscriptNotesPPTREC
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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]
Ola is the largest electric two-wheeler (E2W) manufacturer in India, with a market share of 19.6% in Q1 FY26 and deliveries of 68,192 units during the quarter.