Olectra Greentech Ltd

Olectra Greentech Ltd

₹ 1,592 0.64%
04 Dec 2:04 p.m.
About

Olectra Greentech Limited was incorporated in 2000 . The Company is primarily engaged in the manufacturing of composite polymer insulators and electrical buses. Its registered office is in Hyderabad. [1] [2]

Key Points

Business segments - FY24[1]
Electric Bus - 87.5%
Composite Polymer Insulators - 12.5%

  • Market Cap 13,067 Cr.
  • Current Price 1,592
  • High / Low 2,222 / 1,177
  • Stock P/E 127
  • Book Value 120
  • Dividend Yield 0.03 %
  • ROCE 14.9 %
  • ROE 8.33 %
  • Face Value 4.00

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 48.8% CAGR over last 5 years

Cons

  • Stock is trading at 13.3 times its book value
  • Company has a low return on equity of 7.38% over last 3 years.
  • Company has high debtors of 167 days.
  • Company's cost of borrowing seems high

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
69 207 268 305 213 249 368 206 298 332 278 304 514
55 180 237 268 191 218 320 169 257 285 247 264 434
Operating Profit 14 27 31 37 22 30 48 37 41 47 31 41 80
OPM % 20% 13% 12% 12% 10% 12% 13% 18% 14% 14% 11% 13% 16%
-1 2 3 3 6 1 1 2 3 3 5 3 3
Interest 1 2 4 8 7 8 8 7 9 13 13 9 11
Depreciation 6 6 6 6 7 7 7 7 7 7 7 7 7
Profit before tax 6 20 24 25 15 17 34 25 28 30 16 28 65
Tax % 35% 38% 26% 24% 24% 25% 19% 25% 25% 26% 26% 26% 26%
4 12 17 19 11 13 28 19 21 22 12 21 48
EPS in Rs 0.45 1.52 2.13 2.29 1.35 1.58 3.39 2.28 2.56 2.71 1.42 2.53 5.87
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
70 80 92 93 105 161 290 396 277 585 1,134 1,114 1,428
59 69 75 75 85 148 304 386 256 505 997 958 1,229
Operating Profit 11 11 17 18 20 14 -14 9 21 81 137 156 199
OPM % 15% 14% 18% 20% 19% 9% -5% 2% 8% 14% 12% 14% 14%
1 0 1 1 1 7 15 27 11 5 11 12 13
Interest 6 6 6 6 6 6 15 14 7 9 31 42 46
Depreciation 2 2 6 5 2 3 6 9 9 25 26 27 28
Profit before tax 3 3 6 8 13 12 -20 13 16 52 91 99 139
Tax % 34% 31% 23% 29% 36% 25% -31% 20% 24% 31% 22% 25%
2 2 5 6 8 9 -14 11 12 36 71 74 103
EPS in Rs 0.56 0.59 1.36 1.61 2.33 1.77 -1.71 1.30 1.49 4.35 8.61 8.97 12.53
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 9% 5% 4%
Compounded Sales Growth
10 Years: 30%
5 Years: 31%
3 Years: 59%
TTM: 27%
Compounded Profit Growth
10 Years: 41%
5 Years: 49%
3 Years: 82%
TTM: 28%
Stock Price CAGR
10 Years: 61%
5 Years: 57%
3 Years: 24%
1 Year: 33%
Return on Equity
10 Years: 5%
5 Years: 5%
3 Years: 7%
Last Year: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 14 14 14 14 14 20 32 33 33 33 33 33 33
Reserves 60 62 66 72 52 178 673 699 711 748 816 886 952
37 50 45 55 65 72 24 30 8 66 69 58 133
33 27 34 29 32 45 137 137 153 320 585 551 880
Total Liabilities 144 154 160 170 163 315 867 899 906 1,167 1,503 1,528 1,997
82 84 79 76 61 72 102 106 249 289 274 255 248
CWIP 10 9 9 9 11 6 0 0 0 1 4 72 121
Investments 6 6 6 6 0 0 107 0 32 32 35 42 57
46 55 66 79 91 237 658 793 624 844 1,190 1,159 1,571
Total Assets 144 154 160 170 163 315 867 899 906 1,167 1,503 1,528 1,997

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-3 -4 3 -14 -9 -107 -201 -186 240 120 2 127
2 0 5 5 -6 -19 -236 166 -209 -162 13 -76
-1 5 -5 10 15 126 458 0 -22 49 -28 -53
Net Cash Flow -2 1 3 0 0 0 20 -19 9 7 -13 -2

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 96 119 137 175 126 199 233 331 343 229 202 167
Inventory Days 137 123 106 107 128 209 173 102 127 51 59 96
Days Payable 111 100 120 101 72 90 183 134 211 209 182 173
Cash Conversion Cycle 122 142 122 181 183 317 223 299 259 70 79 91
Working Capital Days 115 126 111 181 122 340 436 503 430 176 137 152
ROCE % 9% 8% 10% 11% 14% 9% -1% 4% 3% 8% 14% 15%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
51.62% 50.02% 50.02% 50.02% 50.02% 50.02% 50.02% 50.02% 50.02% 50.02% 50.02% 50.02%
9.13% 8.75% 9.02% 10.41% 9.44% 9.03% 8.55% 8.01% 7.78% 8.58% 7.61% 5.64%
0.03% 0.04% 0.03% 0.04% 0.09% 0.11% 0.11% 0.14% 0.15% 0.18% 0.19% 0.28%
39.22% 41.20% 40.93% 39.54% 40.45% 40.85% 41.33% 41.84% 42.04% 41.24% 42.19% 44.08%
No. of Shareholders 94,0181,18,7171,29,4481,32,5671,43,7071,60,7961,98,0353,42,9553,59,0834,33,0124,83,1625,01,280

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls