Is Olectra Greentech Ltd (OLECTRA) a good quality company?

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

Is Olectra Greentech Ltd (OLECTRA) undervalued or overvalued?

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

What is Olectra Greentech Ltd (OLECTRA) share price return in the past 10 years?

Olectra Greentech Ltd share price has appreciated 52.5% annually (CAGR) over the past ten years.

Is Olectra Greentech Ltd (OLECTRA) a good buy now?

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

What is the share price of Olectra Greentech Ltd (OLECTRA)?

Company share prices are keep on changing according to the market conditions. The current trading price of Olectra Greentech Ltd (OLECTRA) on 10-Apr-2026 16:59:59 at 16:59 is 1184.45.

What is the market cap of Olectra Greentech Ltd (OLECTRA)?

Market capitalization is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 10-Apr-2026 at 16:59, the market cap of Olectra Greentech stood at Rs. 9722.05 Cr.

What is the P/E ratio of Olectra Greentech?

The latest standalone P/E ratio of Olectra Greentech as of 10-Apr-2026 is 66.31.

What is the P/B ratio of Olectra Greentech Ltd (OLECTRA)?

The latest standalone P/B ratio of Olectra Greentech Ltd (OLECTRA) as of 10-Apr-2026 is 8.27.

What is the 52-week high and low of Olectra Greentech Ltd (OLECTRA)?

The 52-week high of Olectra Greentech Ltd (OLECTRA) is Rs. 1712.50 and the 52-week low is Rs. 867.85.

What is the TTM revenue of Olectra Greentech Ltd (OLECTRA)?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Olectra Greentech is Rs. 2076.98 (Cr.).

Olectra Greentech Ltd (OLECTRA) Share Analysis – Cycle Position, Quality & Valuation Zone & DeciZen Rating

Name: Olectra Greentech Ltd (OLECTRA)
Brand: Olectra Greentech

10 Year X-Ray :

Analysis of Financial Track Record

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	10.9%	14.1%	9%	-1.4%	4.2%	2.4%	7.7%	13.3%	14.8%	20.5%	-
Value Creation Index ⓘ	-0.2	0.0	-0.4	-1.1	-0.7	-0.8	-0.4	-0.1	0.1	0.5	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	93	105	161	170	201	281	593	1,091	1,154	1,802	2,116
Sales YoY Gr.	-	12.8%	54%	5.3%	17.9%	40.3%	110.8%	83.9%	5.8%	56.1%	-
Adj EPS ⓘ	1.8	2.3	1.7	-2	-0	0.9	4.4	7.9	9.1	17.1	17.4
YoY Gr.	-	33.1%	-29.2%	-220.6%	NA	NA	377.4%	78.8%	14.9%	87.6%	-
BVPS (₹) ⓘ	23.9	18.4	37.4	82.9	84.4	90.2	94.7	102.3	111.3	127.8	142.4
Adj Net Profit ⓘ	6.3	8.4	8.3	-15.8	-0.4	7.6	36.5	65.1	74.9	140	143
Cash Flow from Ops. ⓘ	-14.1	-8.7	-107	-130	-219	209	121	-10.3	143	141	-
Debt/CF from Ops. ⓘ	-3.5	-7.5	-0.7	-0.2	-0.1	0	0.6	-13	0.8	1.8	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	39%	55.1%	44.8%	56.1%
Adj EPS ⓘ	28.8%	NA	56.8%	87.6%
BVPSⓘ	20.5%	8.7%	10.5%	14.9%
Share Price	52.5%	41.5%	23%	2.6%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	7.6	11.1	6.3	-3.5	-0.1	1	4.8	8.1	8.5	14.3	12.9
Op. Profit Mgn % ⓘ	19.8	19.2	8.6	-8.9	2.5	7.2	14.3	12.2	14.1	14.6	13.6
Net Profit Mgn % ⓘ	6.8	8	5.1	-9.3	-0.2	2.7	6.2	6.1	6.6	7.8	6.8
Debt to Equity ⓘ	0.6	1	0.4	0	0	0	0.1	0.2	0.1	0.2	-
Working Cap Days ⓘ	228	232	319	675	1,038	824	372	283	321	242	129
Cash Conv. Cycle ⓘ	103	123	182	231	303	272	89	65	87	50	49

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.90%

Sales growth is growing at healthy rate in last 3 years 44.82%

Net Profit is growing at healthy rate in last 3 years 56.78%

Sales growth is good in last 4 quarters at 30.05%

No data to display

	Standalone	Consolidated
TTM EPS (₹)	17.9	17.4
TTM Sales (₹ Cr.)	2,077	2,116
BVPS (₹) ⓘ	143.2	142.4
Reserves (₹ Cr.) ⓘ	1,143	1,136
P/BV ⓘ	8.27	8.32
PE ⓘ	66.31	68.00

From the Market
52 Week Low / High (₹)	867.85 / 1712.50
All Time Low / High (₹)	3.10 / 2222.00
Market Cap (₹ Cr.)	9,722
Equity (₹ Cr.)	32.8
Face Value (₹)	4
Industry PE ⓘ	29.6

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	93	105	161	170	201	281	593	1,091	1,154	1,802
Operating Expenses ⓘ +	75	85	148	185	195	261	509	958	991	1,541
Manufacturing Costs	4	5	5	8	30	33	24	40	58	65
Material Costs	57	66	111	128	108	179	422	819	824	1,341
Employee Cost	9	10	16	26	32	30	33	53	69	93
Other Costs ⓘ	5	4	16	23	26	19	29	46	39	43
Operating Profit ⓘ	18	20	14	-15	5	20	85	133	163	261
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 ⓘ +	2	1	7	15	24	11	8	19	14	12
Exceptional Items ⓘ	-1	0	0	0	19	0	-3	0	0	0
Interest ⓘ	6	6	6	15	14	8	9	31	43	51
Depreciation ⓘ	5	2	3	7	18	13	29	33	37	37
Profit Before Tax ⓘ	8	13	12	-22	17	11	52	89	106	188
Tax ⓘ	2	5	3	-6	4	3	17	23	27	49
Profit After Tax	6	8	9	-16	14	8	35	67	79	139
PAT Margin (%)	6.2%	8.0%	5.5%	-9.3%	6.8%	2.9%	6.0%	6.1%	6.8%	7.7%
Adjusted EPS (₹)	1.6	2.3	1.8	-2.0	1.7	1.0	4.3	8.0	9.4	16.9
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	9%	5%	4%	2%

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	86	66	188	658	693	741	777	840	913	1,049
Share Capital ⓘ	14	14	20	32	33	33	33	33	33	33
Reserves ⓘ	72	52	167	626	660	708	744	807	881	1,016
Debt +	50	64	71	23	22	8	66	129	121	251
Long Term Debt	27	4	10	3	3	4	52	9	9	142
Short Term Debt	22	60	62	20	19	4	14	119	112	109
Minority Interest	0	0	0	-0	0	-0	0	1	3	3
Trade Payables	19	13	27	119	190	139	272	438	389	666
Others Liabilities ⓘ	19	15	25	53	69	39	75	149	162	201
Total Liabilities ⓘ	174	158	311	853	973	927	1,190	1,557	1,589	2,171
Fixed Assets
Net Fixed Assets ⓘ +	76	61	72	173	151	290	325	356	330	355
Gross Block	101	63	77	185	176	326	389	453	464	517
Accumulated Depreciation	26	2	6	12	25	37	64	97	134	162
CWIP ⓘ	19	11	6	0	0	0	3	4	72	187
Investments ⓘ	0	0	0	102	0	0	0	2	11	73
Inventories	17	23	63	112	81	62	59	142	216	290
Trade Receivables	45	36	88	91	362	264	366	630	513	694
Cash Equivalents	9	11	22	160	99	89	199	167	175	170
Others Assets ⓘ	9	16	60	215	281	222	239	256	271	403
Total Assets ⓘ	174	158	311	853	973	927	1,190	1,557	1,589	2,171

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	-14	-9	-107	-130	-219	209	121	-10	143	141
PBT ⓘ	8	13	12	-22	17	11	52	89	106	188
Adjustment ⓘ	-1	7	7	7	-12	10	33	55	71	78
Changes in Working Capital ⓘ	-18	-25	-120	-113	-221	190	38	-137	-6	-110
Tax Paid ⓘ	-3	-4	-6	-2	-2	-2	-2	-18	-28	-15
Cash Flow From Investing Activity ⓘ +	5	-6	-19	-307	199	-177	-164	-38	-86	-225
Capex	3	-5	-9	-101	12	-160	-68	-65	-79	-177
Net Investments	0	-2	-11	-118	43	-28	-103	17	-16	-58
Others ⓘ	2	1	1	-88	145	11	7	9	9	11
Cash Flow From Financing Activity ⓘ +	10	15	126	457	0	-22	50	35	-56	83
Net Proceeds from Shares ⓘ	0	0	124	521	16	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	14	1	6	-6	-1	1	48	-43	-0	133
Interest Paid ⓘ	0	-6	-6	-15	-14	-8	-9	-31	-43	-51
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-5	20	3	-42	-1	-15	11	109	-13	2
Net Cash Flow ⓘ	0	0	0	20	-19	10	7	-13	1	-1

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	6.96	11.05	7.01	-3.74	2	1.13	4.66	8.27	8.97	14.19
ROCE (%)	10.88	14.13	8.97	-1.41	4.22	2.44	7.73	13.3	14.83	20.45
Asset Turnover Ratio	0.6	0.69	0.7	0.29	0.22	0.3	0.56	0.79	0.73	0.96
PAT to CFO Conversion(x)	-2.33	-1.13	-11.89	N/A	-15.64	26.13	3.46	-0.15	1.81	1.01
Working Capital Days
Receivable Days	142	129	138	192	412	406	194	167	181	122
Inventory Days	60	64	96	188	176	93	37	34	57	51
Payable Days	134	89	66	209	524	336	178	158	183	144

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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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
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Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
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Olectra Greentech Ltd (OLECTRA) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Olectra Greentech Share Price