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Olectra Greentech Ltd (OLECTRA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532439 NSE: OLECTRA Automobiles-Trucks/Lcv | Small Cap | Olectra Greentech Share Price

₹1,289.05 -31.60 (-2.39%)

As on 05-Jun'26 16:59

Olectra Greentech Ltd (OLECTRA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532439 NSE: OLECTRA Automobiles-Trucks/Lcv | Small Cap | Olectra Greentech Share Price

₹1,289.05 -31.60 (-2.39%)

As on 05-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹10,840 Cr.
Current Price
₹1,289.1
52-Week Low / High
₹868 / 1,713
TTM EPS
₹21.6
TTM Sales
₹2,312 Cr.
Book Value per Share
₹149.6
P/E Ratio
61.07
Lower than its 5-year historical median
Industry PE
31.1
Price to Book (P/B)
8.83
Lower than its 5-year historical median
Price to Sales (P/S)
4.69
Lower than its 5-year historical median
EV/EBITDA
32.10
Lower than its 5-year historical median
Dividend Yield
0.03%
Profitability Efficiency
Return on Equity (ROE)
14.19%
Outperforms industry median
Return on Capital Employed (ROCE)
20.45%
Outperforms industry median
Return on Assets (ROA)
7.40%
Operating Profit Margin
14.6%
Net Profit Margin
7.73%
Gross Profit Margin
12.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
56.12%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
59.74%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
77%
Asset Quality
Promoter Holding
50.02%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹1,195 Cr.
Equity
₹32.8 Cr.
Face Value
₹4
All Time Low / High
₹3.10 / 2222.00

Olectra Greentech stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Olectra Greentech Ltd a good quality company?
Olectra Greentech Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Olectra Greentech Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Olectra Greentech Ltd vs industry peers?
Olectra Greentech Ltd revenue CAGR is 55.14%, compared to the industry median CAGR of 21.25%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Olectra Greentech Ltd?
Promoters hold 50.02% of the Olectra Greentech Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Olectra Greentech Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 52.3% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Olectra Greentech Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 10.9%14.1%9%-1.4%4.2%2.4%7.7%13.3%14.8%20.5%-
Value Creation
Index
-0.20.0-0.4-1.1-0.7-0.8-0.4-0.10.10.5-

Growth Parameters

Sales 931051611702012815931,0911,1541,8022,312
Sales YoY Gr.-12.8%54%5.3%17.9%40.3%110.8%83.9%5.8%56.1%-
Adj EPS 1.82.31.7-2-00.94.47.99.117.121.6
YoY Gr.-33.1%-29.2%-220.6%NANA377.4%78.8%14.9%87.6%-
BVPS (₹) 23.918.437.482.984.490.294.7102.3111.3127.8149.6
Adj Net
Profit
6.38.48.3-15.8-0.47.636.565.174.9140177
Cash Flow from Ops. -14.1-8.7-107-130-219209121-10.3143141-
Debt/CF from Ops. -3.5-7.5-0.7-0.2-0.100.6-130.81.8-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 39%55.1%44.8%56.1%
Adj EPS 28.8%NA56.8%87.6%
BVPS20.5%8.7%10.5%14.9%
Share Price 53.5% 49.8% 18.5% 5.5%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
7.611.16.3-3.5-0.114.88.18.514.315.6
Op. Profit
Mgn %
19.819.28.6-8.92.57.214.312.214.114.614.3
Net Profit
Mgn %
6.885.1-9.3-0.22.76.26.16.67.87.7
Debt to
Equity
0.610.40000.10.20.10.20.1
Working Cap
Days
2282323196751,038824372283321242114
Cash Conv.
Cycle
1031231822313032728965875042

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales931051611702012815931,0911,1541,802
Operating Expenses + 75851481851952615099589911,541
Manufacturing Costs4558303324405865
Material Costs57661111281081794228198241,341
Employee Cost 9101626323033536993
Other Costs 541623261929463943
Operating Profit 182014-1552085133163261
Operating Profit Margin (%) 19.8%19.2%8.6%-8.9%2.5%7.2%14.3%12.2%14.1%14.5%
Other Income + 2171524118191412
Exceptional Items -1000190-3000
Interest 666151489314351
Depreciation 5237181329333737
Profit Before Tax 81312-2217115289106188
Tax 253-64317232749
Profit After Tax 689-16148356779139
PAT Margin (%) 6.2%8.0%5.5%-9.3%6.8%2.9%6.0%6.1%6.8%7.7%
Adjusted EPS (₹)1.62.31.8-2.01.71.04.38.09.416.9
Dividend Payout Ratio (%)0%0%0%0%0%0%9.30%5%4.30%2.40%

Valuation of Olectra Greentech - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 86661886586937417778409131,049
Share Capital 14142032333333333333
Reserves 72521676266607087448078811,016
Debt +5064712322866129121251
Long Term Debt274103345299142
Short Term Debt2260622019414119112109
Minority Interest000-00-00133
Trade Payables191327119190139272438389666
Others Liabilities 19152553693975149162201
Total Liabilities 1741583118539739271,1901,5571,5892,171

Fixed Assets

Net Fixed Assets +766172173151290325356330355
Gross Block1016377185176326389453464517
Accumulated Depreciation26261225376497134162
CWIP 191160003472187
Investments 00010200021173
Inventories172363112816259142216290
Trade Receivables45368891362264366630513694
Cash Equivalents 911221609989199167175170
Others Assets 91660215281222239256271403
Total Assets 1741583118539739271,1901,5571,5892,171

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -14-9-107-130-219209121-10143141
PBT 81312-2217115289106188
Adjustment -1777-121033557178
Changes in Working Capital -18-25-120-113-22119038-137-6-110
Tax Paid -3-4-6-2-2-2-2-18-28-15
Cash Flow From Investing Activity + 5-6-19-307199-177-164-38-86-225
Capex 3-5-9-10112-160-68-65-79-177
Net Investments 0-2-11-11843-28-10317-16-58
Others 211-881451179911
Cash Flow From Financing Activity + 10151264570-225035-5683
Net Proceeds from Shares 001245211600000
Net Proceeds from Borrowing 1416-6-1148-43-0133
Interest Paid 0-6-6-15-14-8-9-31-43-51
Dividend Paid 0000000000
Others -5203-42-1-1511109-132
Net Cash Flow 00020-19107-131-1

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)6.9611.057.01-3.7421.134.668.278.9714.19
ROCE (%)10.8814.138.97-1.414.222.447.7313.314.8320.45
Asset Turnover Ratio0.60.690.70.290.220.30.560.790.730.96
PAT to CFO Conversion(x)-2.33-1.13-11.89N/A-15.6426.133.46-0.151.811.01
Working Capital Days
Receivable Days142.30129.20138.10191.80411.80405.60193.60166.70180.90122.20
Inventory Days60.2063.7096.20188.40175.6092.8037.2033.6056.6051.30
Payable Days133.708966.50208.50524.20335.60177.80158.20183.20143.60

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Olectra Greentech Ltd FAQs

The current trading price of Olectra Greentech on 05-Jun-2026 16:59 is ₹1,289.1.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Jun-2026 the market cap of Olectra Greentech stood at ₹10,840 Cr

The latest P/E ratio of Olectra Greentech as of 04-Jun-2026 is 62.70.

The latest P/B ratio of Olectra Greentech as of 04-Jun-2026 is 8.84.

The 52-week high of Olectra Greentech is ₹1,712.5 and the 52-week low is ₹867.9.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Olectra Greentech is ₹2,274 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Olectra Greentech Ltd is a below average quality company.

The key valuation ratios of Olectra Greentech Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Olectra Greentech Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Olectra Greentech Ltd

Olectra Greentech Limited (Formerly known as Goldstone Infratech Limited) is a Public Limited Company incorporated in India, having its registered office at Hyderabad, India. It was founded in 1992 in Hyderabad with major interests in Electric Buses, Composite Insulators, Amorphous core-distribution transformers, Data Analysis and IT consulting.

The company name has been changed from Goldstone Teleservices Limited to Goldstone Infratech limited in February 2008. Later on the company changed its name to “Olectra Greentech Limited” from “Goldstone Infratech Limited” effective from July 06, 2018, after obtaining the approval of Shareholders by way of passing of Special Resolution, through postal ballot.

The company is currently traded on the Bombay Stock Exchange (BSE), the National Stock Exchange (NSE). It is an ISO-9001:2008 certified company and its R & D Center is recognized by the Department of Scientific and Industrial Research, Govt. of India.

Business area of the company

The company is primarily engaged in the manufacturing of composite polymer insulators and electrical buses. It is a market leader through creative technologies and commitment to excellence. It is the largest manufacturer and suppliers of Composite Insulators in India. Composite Insulators are well used across the globe as a significant technology breakthrough.

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