Ola Electric Mobility Limited
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.
Price performance
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 confidenceAt a glance
Key highlights
- Revenue compounding 368% a year
- Loss-making — no meaningful P/E
- Loss-making in some of the last 5 years
Growth
Financials
Technicals
Peers
News
Forecasts
About the company
More data
Filings, corporate actions and ownership detail — opened on demand.
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Ola Electric Mobility Limited peers in Automobile and Auto Components
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