Good morning :)
Place Order
Add to Watchlist

Olectra Greentech Ltd

OLECTRA

Olectra Greentech Ltd

OLECTRA
IndustrialsElectrical Components & Equipments
SmallcapWith a market cap of ₹12,259 cr, stock is ranked 467
High RiskStock is 3.09x as volatile as Nifty
1,517.001.57% (+23.40)
1,517.001.57% (+23.40)

Price Chart

High
Low
Returns
1D
1W
1M
1Y
5Y
Max
SIP
Loading...
1D
1W
1M
1Y
5Y
Max
SIP
IndustrialsElectrical Components & Equipments
SmallcapWith a market cap of ₹12,259 cr, stock is ranked 467
High RiskStock is 3.09x as volatile as Nifty
Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

IndustrialsElectrical Components & Equipments
SmallcapWith a market cap of ₹12,259 cr, stock is ranked 467
High RiskStock is 3.09x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
109.2113.370.03%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
47.916.730.56%

Forecast & Ratings

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 1 analyst

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Olectra Greentech is engaged in manufacturing polymer insulators

Get more out of Tickertape, Go Pro!

Customise key metrics, see detailed forecasts, download stock data and more

Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 44.7%, vs industry avg of 9.15%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 0.34% to 1.32%

Loading...

Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue94.67106.09168.83185.02244.28292.90602.081,103.461,173.741,495.25
Raw Materialssubtract56.0866.80157.84114.91119.89156.72414.10845.94854.791,260.11
Power & Fuel Costsubtract2.222.953.174.205.123.663.704.788.64
Employee Costsubtract9.1510.0115.7426.3232.4430.2533.2652.6469.07
Selling & Administrative Expensessubtract3.612.9813.4820.2821.8111.4615.3926.1026.22
Operating & Other expensessubtract4.212.03-42.6419.5716.2259.1144.7320.0329.50
Depreciation/Amortizationsubtract5.472.463.226.7817.5213.3229.3233.1136.6837.59
Interest & Other Itemssubtract5.745.736.1315.0013.947.509.2831.4343.0546.92
Taxes & Other Itemssubtract2.394.703.00-6.233.812.8016.9523.8428.9438.37
EPS1.612.342.06-2.441.680.984.317.999.3613.68
DPS0.000.000.000.000.000.000.400.400.400.40
Payout ratio0.000.000.000.000.000.000.090.050.040.03

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

Sep 6PDF
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsElectrical Components & Equipments

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Olectra Greentech Ltd159.5313.370.03%
Havells India Ltd84.4214.410.53%
Polycab India Ltd57.9412.540.44%
Apar Industries Ltd47.3610.080.52%

Price Comparison

Compare OLECTRA with any stock or ETF
Compare OLECTRA with any stock or ETF
OLECTRA
Loading...

Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Increased Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has increased by 1.67%

Decreased Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has decreased by 1.97%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding50.02%0.18%0.09%5.64%44.08%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep8.55%8.01%7.79%8.58%7.61%5.64%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Olectra Greentech Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Nippon India Nifty Smallcap 250 Index Fund - Growth - Direct Plan

Growth
0.0540%0.35%-0.03%198/294 (-3)
SBI Nifty Smallcap 250 Index Fund - Direct Plan - Growth

Growth
0.0333%0.35%-0.03%118/294 (-1)
Motilal Oswal Nifty Smallcap 250 Index Fund - Growth - Direct Plan

Growth
0.0235%0.35%-0.03%201/294 (-3)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Loading...

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateSep 19, 2024

Final
Final | Div/Share: ₹0.40

Dividend/Share

0.40

Ex DateEx Date

Sep 19, 2024

Cash Dividend

Ex DateEx DateSep 21, 2023

Final
Final | Div/Share: ₹0.40

Dividend/Share

0.40

Ex DateEx Date

Sep 21, 2023

Cash Dividend

Ex DateEx DateSep 20, 2022

Final
Final | Div/Share: ₹0.40

Dividend/Share

0.40

Ex DateEx Date

Sep 20, 2022

Cash Dividend

Ex DateEx DateSep 20, 2012

Final
Final | Div/Share: ₹0.20

Dividend/Share

0.20

Ex DateEx Date

Sep 20, 2012

Cash Dividend

Ex DateEx DateSep 22, 2011

Final
Final | Div/Share: ₹0.20

Dividend/Share

0.20

Ex DateEx Date

Sep 22, 2011

News & Opinions
Spotlight
Olectra Greentech gains as Q2 PAT zooms to Rs 48 cr

Profit before tax in second quarter of FY25 stood at Rs 64.82 crore, marking a growth of 144.05% from Rs 26.56 crore in Q2 FY24. Total expenses spiked 62.49% YoY to Rs 463.28 crore in Q2 FY25. Cost of material consumed was at Rs 412.52 crore (up 88.82% YoY) and employee benefits expenses stood at Rs 24.67 crore (up 49.33% YoY) during the period under review. Segment-wise, the Insulator division generated revenue of Rs 41.20 crore, marking a 26.60% increase YoY. In contrast, the e-bus division reported revenue of Rs 482.46 crore, up 75.21% YoY for the same period. On half year basis, the company's consolidated net profit soared 98.03% to Rs 71.55 crore on 60.09% increase in revenue to Rs 837.61 crore in H1 FY25 over H1 FY24. Olectra Greentech is engaged in the manufacturing of composite polymer insulators, electric buses and electric trucks.Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Olectra Greentech consolidated net profit rises 163.34% in the September 2024 quarter

Net profit of Olectra Greentech rose 163.34% to Rs 47.56 crore in the quarter ended September 2024 as against Rs 18.06 crore during the previous quarter ended September 2023. Sales rose 70.49% to Rs 523.67 crore in the quarter ended September 2024 as against Rs 307.16 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales523.67307.16 70 OPM %15.5213.20 - PBDT74.4835.36 111 PBT64.8326.57 144 NP47.5618.06 163 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Olectra Greentech to declare Quarterly Result

Olectra Greentech will hold a meeting of the Board of Directors of the Company on 22 October 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Olectra Greentech to conduct AGM

Olectra Greentech announced that the Annual General Meeting (AGM) of the company will be held on 26 September 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Olectra Greentech to hold AGM

Olectra Greentech announced that the Annual General Meeting (AGM) of the company will be held on 26 September 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Earnings
Olectra Greentech consolidated net profit rises 32.74% in the June 2024 quarter

Net profit of Olectra Greentech rose 32.74% to Rs 24.00 crore in the quarter ended June 2024 as against Rs 18.08 crore during the previous quarter ended June 2023. Sales rose 45.33% to Rs 313.94 crore in the quarter ended June 2024 as against Rs 216.02 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales313.94216.02 45 OPM %13.9818.66 - PBDT40.9234.27 19 PBT31.8525.26 26 NP24.0018.08 33 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Olectra Greentech to announce Quarterly Result

Olectra Greentech will hold a meeting of the Board of Directors of the Company on 12 August 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live

Olectra Greentech Hits Life High After Winning Order Worth Rs 4,000 Crore

9 months agoBloomberg Quint

Olectra Greentech Receives Rs 62.8 Crore Order For E-Bus Supply

11 months agoBloomberg Quint

SBI To LTIMindtree Limited, Experts Recommend 5 Shares To Buy - News18

1 year agoNews18