Olectra greentech share

Olectra Greentech Ltd.: Share Price, Stock Analysis, Annual Report | Value Research Olectra Greentech Ltd.: Share Price, Stock Analysis, Annual Report | Value Research https://www.valueresearchonline.com/stocks/42229/olectra-greentech-ltd/ Get Olectra Greentech Ltd.'s stock analysis, price valuation, corporate actions, and financials from India's independent mutual fund research house. Business Olectra Greentech Limited manufactures and supplies composite polymer insulators in India. The company operates through Composite Polymer Insulators and Electric Buses segments. It manufactures 1200KV, 330-420KV, 220-245KV, 110-132KV, 52-77KV, 33-36KV, 22-28KV, and 10-15KV insulators for transmission and distribution; and tonne, bracket tube, and stay arm insulators for railways. It also manufactures and sells electrical buses. The company was formerly known as Goldstone Infratech Limited and changed its name to Olectra Greentech Limited in July 2018. Olectra Greentech Limited was incorporated in 2000 and is headquartered in Hyderabad, India.

Synopsis Electric bus manufacturer Olectra Greentech reported a 52% YoY rise in consolidated net profit to INR27.01 crore ($3.6m) for Q4 FY23. The firm's earnings were announced on Friday and sent its stock up over 10% during Monday's session. Olectra Greentech also reported that its consolidated revenue for the quarter stood at INR375.91 crore, up 39% YoY from INR271.3 crore in the same period a year ago. The EV firm's stock has given investors more than 330% returns over the past five years, but despite market ups and downs, its shares have traded with relatively low volatility. Its consolidated revenue for the quarter stood at Rs 375.91 crore, up 39% YoY from Rs 271.3 crore in the same period a year ago. The consolidated net profit for FY23 was up 86% at Rs 65.59 crore as against Rs 35.35 crore in FY22. For FY23, the consolidated revenue increased 84% to Rs 1,090.76 crore compared to Rs 593.26 crore in the year-ago period. "We are pleased to report strong growth in both our standalone and consolidated revenue and profitability for the year ended March 31, 2023," Olectra Greentech Chairman and Managing Director K V Pradeep said in the statement. Although there continue to be supply chain and other macro risks, the focus remains on increasing the manufacturing capacity and enhancing the technology capabilities, he said, adding that this has helped the company maintain its leadership position in the electric bus segment. (Inputs from PTI) (Disclaimer: Recommendations, sugg...

STOCK SUMMARY • Face Value (₹) 4.00 • Beta 0.58 • 52-Week Low (₹) 374.10 • 52-Week High (₹) 965.10 • Price-to-Book (X)* 9.33 • Dividend Yield (%) 0.00 • Price-to-Earnings (P/E) (X)* 119.49 • Earnings Per Share (₹) 7.99 • Sector Price Earning (X)* 32.36 • Market Cap (₹ Cr.)* 7,832.96 • * Vaues as of last close price Olectra Greentech Ltd, incorporated in the year 2000, has its registered office in S-22 3rd Floor Industrial, Esatate Balanagar, Hyderabad, Telangana, 500037, 91-040-46989999/27807640/0742/1910, 91-040-39120023 / 39100012. The main industry in which Olectra Greentech Ltd operates is Automobiles - LCVs / HCVs. Auditor/Auditors for Olectra Greentech Ltd is/are Sarath & Associates/PCN & Associates. In the main management, VENKATESWARA PRADEEP KARUMURU is chairman and Paritalal Hanuman Prasad is the company secretary for Olectra Greentech Ltd. • MG M Gopalakrishna Independent Director • BAR B Appa Rao Independent Director • PHP Paritalal Hanuman Prasad Company Sec. & Compli. Officer • GSM Gyan Sudha Misra Independent Director • VPK VENKATESWARA PRADEEP KARUMURU Chairman & Managing Director • LRC Laxmi Rajam Chilappagari Director • PRR Paketi Rajesh Reddy Director • CLK Chintalapudi Lakshmi Kumari Independent Director • Go First’s insolvency is IndiGo’s gain as India’s largest carrier acquires brute 61% market share • Cyclone Biparjoy updates: Landfall process starts at Gujarat's Jakhau Port; CM holds review meeting • ‘Don’t let your ego come in between': Unacademy’s...

• Olectra Greentech is the largest electric bus maker in India. • It is a Hyderabad-based company and had recently announced setting up a massive 150-acre manufacturing facility to fulfill its growing order book. • Over the next year, the company says it plans to start manufacturing electric trucks, in addition to three-wheelers and buses. Hyderabad-based Olectra Greentech has quietly made its shareholders rich over the past year. An investment of ₹10,000 in the company exactly 12 months ago is now worth ₹67,000, which is a handsome return regardless of any other factor. Shares of Olectra Greentech were marginally up today (January 4) as of 12:30 p.m. Olectra Greentech share price over the past 12 months BSE / Business Insider India / Flourish What does Olectra Greentech do? Olectra Greentech is the largest manufacturer of electric buses in India, with a market share of around 40%. It has been making electric buses in partnership with BYD, China’s largest electric vehicle maker. In December 2020, the company At the time of the announcement, Olectra also revealed that it is currently in the process of fulfilling orders for 2,000 electric buses, which is worth ₹3,000-3,500 crore. Why is Olectra Greentech’s share price surging? Electric vehicles are the buzzword today, and there’s more than one reason for this. For the government, it’s about reducing the reliance on crude oil imports and pollution, and for the common man, it’s about reducing the impact of perennially rising p...

• The company has shown a good profit growth of 66.6672101436002% for the Past 3 years. • The company has shown a good revenue growth of 26.3396251453353% for the Past 3 years. • Company is virtually debt free. • Company’s PEG ratio is 0.575959707792843. • The company has an efficient Cash Conversion Cycle of 84.0347384425193 days. • Company has a healthy liquidity position with current ratio of 2.55517053421071. • The company has a high promoter holding of 50.02%. • The company has a strong degree of Operating leverage, Average Operating leverage stands at 6.67994361711906. Quarterly Result (All Figures in Cr.) PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Net Sales 268.1 304.67 212.7 248.64 368.4 Total Expenditure 237.1 267.86 190.77 218.18 320.42 Operating Profit 31 36.81 21.93 30.46 47.99 Other Income 3.22 2.8 6.33 1.48 0.83 Interest 4.22 8.41 6.98 8.07 7.72 Depreciation 6.47 6.49 6.6 6.58 6.68 Exceptional Items 0 0 0 0 0 Profit Before Tax 23.52 24.71 14.68 17.3 34.42 Tax 6.05 5.9 3.57 4.32 6.61 Profit After Tax 17.47 18.81 11.11 12.98 27.81 Adjusted EPS (Rs) 2.13 2.29 1.35 1.58 3.39 Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.) PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Net Sales 161.49 290.3 395.53 277.22 585.43 Total Expenditure 147.58 304.09 386.44 256.35 504.57 Operating Profit 13.91 -13.78 9.09 20.88 80.86 Other Income 7.34 15.13 26.39 11.43 7.87 Interest 6.13 14.93 13.79 7.43 9.27 Depreciation 3.22 6.22 8.83 8.89 24.85 Excepti...

Summary Mar 2023 Dec 2022 Sep 2022 Jun 2022 Mar 2022 Dec 2021 Sep 2021 Jun 2021 Mar 2021 Dec 2020 Sep 2020 Jun 2020 50.0% 50.0% 50.0% 50.0% 50.0% 51.6% 51.7% 55.6% 55.7% 59.0% 61.3% 61.5% Holding 50.0% 50.0% 50.0% 50.0% 50.0% 51.6% 51.7% 55.6% 55.7% 59.0% 61.3% 61.5% Pledged 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 2.52% 2.68% 14.58% Locked 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 9.0% 9.4% 10.4% 9.0% 8.8% 9.1% 8.7% 3.1% 3.0% 3.2% 3.1% 3% 0.1% 0.1% 0.0% 0.0% 0.0% 0.0% 0.1% 0.8% 0.0% 0.0% 0.0% 0.0% 40.9% 40.5% 39.5% 40.9% 41.2% 39.2% 39.5% 40.5% 41.3% 37.8% 35.6% 35.5% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0.0% Name Holding Mar 2023 No of holders History % shares Individual share capital in excess of Rs. 2 Lacs 9.00 7,390,186 59 Individual share capital upto Rs. 2 Lacs 24.55 20,149,099 158,269 0.13 106,404 81 0.11 88,704 - 0.02 17,700 - 6.00 4,926,767 529 1.32 1,080,000 - 1.20 981,000 - Non Resident Indians (NRIs) 0.88 722,097 1,788 Investor Education and Protection Fund (IEPF) 0.29 240,704 1