Stock to Watch: OLECTRA 🚍⚡
OLECTRA: India’s leading EV bus manufacturer with robust growth momentum.
📈 Q2 FY25 Highlights:
Net Profit: ₹47.7 Cr, up 156% YoY
Revenue: ₹523.7 Cr, up 70.5% YoY
EBITDA Margin: 15.5%
EPS: ₹5.79, up from ₹2.20 YoY
📦 Strong Order Book:
Secured a ₹10,000 Cr contract with MSRTC for 5,150 e-buses
🚀 Growth Outlook:
Revenue projected to grow at 49% annually over the next two years
ROE forecasted around 21%
📊 Stock Performance:
Delivered over 117% return in the past year
Promoter holding stable at 50%; increasing FII interest indicates growing institutional confidence
🧠 Solid financials, strategic contracts, and alignment with the EV megatrend position Olectra Greentech as a compelling long-term investment.
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