The Central Pivot by Vineet Saxena (SEBI RA) ยท 1st Sep
OLECTRA
powers ahead!๐
Olectra Greentech
OLECTRA
has delivered strong growth momentum on the back of rising EV adoption. In Q4 FY25, revenue jumped 55% YoY to โน449 crore with a 39% rise in profit at โน21 crore, driven by higher EV deliveries. For the full year, revenue surged 56% and PAT rose 77%, supported by robust demand and new tech launches like its Blade Battery.
In Q1 FY26, the company maintained steady growth with revenue up ~11% YoY to โน347 crore and PAT rising 7% YoY to โน26 crore, showing a healthy recovery QoQ. Fundamentals remain strong with low debt, improving ROE/ROCE, and expanding profitability, though valuations are expensive with a P/E near 87x. Olectra is well-placed for the EV boom, but investors need to weigh growth potential against rich pricing.