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Ola Electric Mobility Limited

OLAELEC·NSE·
₹34.98▼ -0.19 (-0.54%)
Market Cap17500.38 Cr
PE Ratio-10.40
Volume1,65,59,941
Day High - Low35.46 - 34.86
52W High-Low57.95 - 22.25

Ola Electric Mobility Limited (OLAELEC): company summary

The company's business is deteriorating, with annual revenue falling 50.1% to ₹2,253 crore.

Ola Electric Mobility Limited (OLAELEC) is a small-cap Automobile and Auto Components company valued at ₹17,500 crore operating in 2/3 Wheelers on the NSE and BSE.

Recent price move
Ola Electric Mobility Limited last traded at ₹34.98, modestly down 0.54% on the day.
Recent developments
On 2026-09-25, Ola Electric shares fell 9% after news of a planned rights issue came to light. On 2026-08-10, shares dropped over 6% following Q1 results that showed continued losses. On 2026-07-02, the company reported a nearly doubling of vehicle registrations in Q1 FY27 to 43,719 units, driven by strong demand and operational improvements.
Financial performance
The company's business is deteriorating, with annual revenue falling 50.1% to ₹2,253 crore. The latest quarter saw revenue drop 45.0% year-over-year to ₹455 crore, while the net loss narrowed slightly from ₹428 crore to ₹336 crore. Margins have worsened, with the net profit margin at -81.4%, down 30.9 percentage points from the prior year. Returns remain negative, with return on equity at -54.7% and return on capital employed at -24.0%.
Valuation multiples
A price-to-earnings ratio is not meaningful here because the company is loss-making; the stock trades at 4.39 times book value.
Things to watch
The company is still reporting a net loss of ₹1,833 crore, with the net profit margin at -81.4%. The stock is 36.0% below its 52-week high. Promoter holding fell by 1.62 percentage points in the quarter. The net loss has widened over the past three years, from ₹1,472 crore to ₹1,833 crore.
Where it stands
Ola Electric Mobility Ltd ended the quarter with a net loss of ₹336 crore, while revenue fell 45.0% year-over-year to ₹455 crore. The stock is 36.0% below its 52-week high, and the net profit margin has worsened to -81.4%. The company's losses have widened over the past three years, and promoter holding has declined.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.

DocStoX Score
2.5/10
Poor
Fair Value
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ROE
-54.70%
Weak
P/E
-10.40x
Loss-making
Debt / Equity
0.82
Moderate
Industry
Automobile and Auto Components
2/3 Wheelers
Overall View
Mixed

Price performance

NIFTY 500NIFTY SMALLCAP 250
Day₹34.86
₹35.46
52W₹22.25
₹57.95
DocStoX take

Supported by growth (7.5) and risk (6.7), but held back by quality (0.3). Growth looks strong at 7.5, but that is offset by quality at 0.3 and valuation at 1.5 and momentum at 3.0. We are calling it Mixed rather than resolving the conflict for you.

DocStoX score

Low confidence
2.5
/10
Poor
Quality
Weak
ROE -54.7%
Valuation
Expensive
P/B 4.4× on assets (no earnings to value)
Growth
Strong
Revenue +368.3% 5Y CAGR
Risk
Moderate
D/E 0.82
Momentum
Soft
36% of 52-week range

At a glance

Market Cap
₹17,500 Cr
52W High / Low
₹58 / ₹22
Dividend Yield
0.00%
Promoter Holding
32.97%
EPS (TTM)
₹-4.16
Book Value
₹7.60

Key highlights

  • Revenue compounding 368% a year
  • Loss-making — no meaningful P/E
  • Loss-making in some of the last 5 years
1 Positive4 Watchouts

Growth

Financials

Shareholding

Technicals

Peers

News

Forecasts

About the company

More data

Filings, corporate actions and ownership detail — opened on demand.

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