Olectra Greentech Share Price: Olectra Greentech, a prominent player in the electric vehicle (EV) sector, has captured the attention of both consumers and industry analysts. With a strong commitment to innovation and sustainability, the company has established itself as a frontrunner in India’s rapidly growing EV market.
This comprehensive analysis explores Olectra Greentech’s projected stock performance from 2024 to 2030, examining key factors such as earnings per share (EPS) and price-to-earnings (P/E) ratio that could influence its stock value.
Olectra Greentech Company Overview
As part of the Megha Engineering & Infrastructures Limited (MEIL) Group, Olectra Greentech primarily focuses on manufacturing electric buses and tippers. The company has been at the forefront of promoting eco-friendly transportation solutions, aligning with global efforts to reduce carbon emissions.
Olectra’s dedication to sustainability, combined with its technological expertise, has positioned it as a major contender in the EV industry.
| Company Name | Olectra Greentech Ltd. |
| Founded | 2000 |
| Headquarters | Balanagar, Hyderabad |
| Industry | Electrical buses and trucks, and composite polymer insulators |
| Chairman | Venkateswara Pradeep Karumuru |
| Stock Exchange Listing | NSE & BSE |
| Official Website | olectra.com |
Olectra Greentech Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹13,019.65 Cr. |
| ROE | 8.33% |
| ROCE | 14.87% |
| P/E | 126.52 |
| P/B | 13.22 |
| Div. Yield | 0.03% |
| Book Value | ₹119.98 |
| Face Value | ₹4 |
| EPS (TTM) | ₹12.54 |
| 52 Week High | ₹2,222 |
| 52 Week Low | ₹1,182.05 |
Also Read: IndusInd Bank Share Price Target
Olectra Greentech Financials
Income Statement
| (INR) | 2024 | Y/Y change |
|---|---|---|
| Revenue | 11.54B | 5.81% |
| Operating expense | 1.97B | 22.81% |
| Net income | 768.33M | 17.13% |
| Net profit margin | 6.66 | 10.82% |
| Earnings per share | 9.36 | 17.15% |
| EBITDA | 1.64B | 17.86% |
| Effective tax rate | 25.64% | — |
Balance Sheet
| (INR) | 2024 | Y/Y change |
|---|---|---|
| Cash and short-term investments | 68.71M | 7.98% |
| Total assets | 15.89B | 2.03% |
| Total liabilities | 6.72B | -6.13% |
| Total equity | 9.17B | — |
| Shares outstanding | 82.08M | — |
| Price to book | 14.25 | — |
| Return on assets | 5.14% | — |
| Return on capital | 8.03% | — |
Cash Flow
| (INR) | 2024 | Y/Y change |
|---|---|---|
| Net income | 768.33M | 17.13% |
| Cash from operations | 1.43B | 1,491.94% |
| Cash from investing | -864.87M | -128.60% |
| Cash from financing | -560.04M | -259.24% |
| Net change in cash | 5.08M | 103.92% |
| Free cash flow | -226.36M | 81.99% |
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Olectra Greentech Share Price Target From 2024 to 2030
Based on current market trends and the company’s strategic initiatives, ARC Finance’s share price is projected to witness significant growth from 2024 to 2030. Below is a detailed year-by-year forecast of the share price target:
| Year | Target Price |
|---|---|
| Olectra Greentech Share Price Target 2024 | ₹1760 |
| Olectra Greentech Share Price Target 2025 | ₹1859 |
| Olectra Greentech Share Price Target 2026 | ₹1902 |
| Olectra Greentech Share Price Target 2027 | ₹2005 |
| Olectra Greentech Share Price Target 2028 | ₹2197 |
| Olectra Greentech Share Price Target 2029 | ₹2220 |
| Olectra Greentech Share Price Target 2030 | ₹2375 |
Olectra Greentech Shareholding Pattern
- Retail & Other: 44.08%
- Promoters: 50.02%
- Foreign Institutions: 5.64%
- Mutual Funds: 0.18%
- Other Domestic Institutions: 0.09%
Also Read: Apollo Tyres Share Price Target
Olectra Greentech Competitors/Peer Companies
- Ashok Leyland
- Tata Motors
- SML Isuzu
- Force Motors
Also Read: ARC Finance Share Price Target
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FAQs
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What is the Olectra Greentech Ltd Share Price Prediction 2025?
1859 INR.
-
What is the Olectra Greentech Ltd Share Price Prediction 2026?
1902 INR.
-
What is the Olectra Greentech Ltd Share Price Prediction 2027?
2005 INR.
-
What is the Olectra Greentech Ltd Share Price Prediction 2029?
2220 INR.
-
What is the Olectra Greentech Ltd Share Price Prediction 2030?
2375 INR.
Disclaimer: The information in this blog is for educational purposes only, and the targets mentioned in it are given as suggestions by market analysts. Therefore, before investing your money in any company, it is mandatory to get complete information about the company and consult your financial advisor.
