Olectra Greentech Share Price Target; Olectra Greentech Ltd, a subsidiary of Megha Engineering & Infrastructures Ltd, is a leading player in India’s electric vehicle (EV) sector, specializing in electric buses and trolleys. With a strong focus on sustainable transportation solutions, the company has witnessed significant growth in recent years. This article provides a comprehensive analysis of Olectra Greentech’s financial performance, growth drivers, and share price targets from 2025 to 2030.
Olectra Greentech Share Price Target 2025 to 2030
| Year | Minimum Target Price (₹) | Maximum Target Price (₹) |
|---|---|---|
| 2025 | 1,350 | 1,450 |
| 2026 | 1,500 | 1,600 |
| 2027 | 1,650 | 1,800 |
| 2028 | 1,850 | 2,100 |
| 2029 | 2,200 | 2,500 |
| 2030 | 2,500 | 2,800 |
Olectra Greentech Company Overview
Established in 2000, Olectra Greentech Ltd has emerged as a pioneer in the EV segment in India. The company manufactures electric buses and trolleys, contributing to the country’s push towards cleaner and sustainable transportation. With a robust order book and expanding manufacturing capabilities, Olectra is well-positioned to capitalize on the growing demand for electric mobility solutions.
Financial Performance
In the fiscal year ending March 31, 2025, Olectra Greentech reported impressive financial results:
- Revenue: ₹1,801.9 crore, a 56% increase year-on-year.
- EBITDA: ₹276.32 crore, up by 49%.
- Profit Before Tax (PBT): ₹187.88 crore, a 78% rise.
- Profit After Tax (PAT): ₹139.21 crore, marking a 77% increase.
In Q4 FY25 alone, the company achieved a revenue of ₹448.92 crore, up by 55% compared to the same quarter in the previous year. The PAT for the quarter stood at ₹20.69 crore, reflecting a 39% growth
Growth Drivers
Several factors contribute to Olectra Greentech’s optimistic outlook:
- Government Initiatives: India’s focus on reducing carbon emissions has led to increased support for electric mobility, benefiting companies like Olectra.
- Robust Order Book: The company has an active order book of 10,022 electric buses, indicating strong future revenue streams .
- Technological Advancements: Continuous investment in R&D ensures that Olectra remains at the forefront of EV technology.
- Strategic Partnerships: Collaborations with state transport corporations and other stakeholders enhance market penetration.
Risks and Challenges
While the future appears promising, potential investors should be aware of certain risks:
- Market Competition: The EV sector is becoming increasingly competitive, with new entrants and existing automakers expanding their electric offerings.
- Regulatory Changes: Alterations in government policies or subsidies can impact profitability.
- Supply Chain Disruptions: Dependence on specific components or suppliers may pose risks in case of disruptions.
Investment Perspective
Olectra Greentech’s consistent financial growth, strong order book, and alignment with national sustainability goals make it an attractive option for long-term investors. However, it’s essential to monitor market dynamics and company performance regularly.
What products does Olectra Greentech manufacture?
Olectra specializes in manufacturing electric buses and trolleys, catering to the public transportation sector.
How has the company’s financial performance been in recent years?
The company has shown robust financial growth, with significant increases in revenue and profit margins year-on-year.
What is the company’s current order book status?
Olectra has an active order book of 10,022 electric buses, indicating strong future business prospects.
