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Olectra Greentech (532439) investor relations material
Olectra Greentech Q1 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Achieved steady growth in consolidated revenue and profitability in Q1 FY26, with over 2,879 electric vehicles delivered and a strong order book exceeding 10,000 units.
State-of-the-art Hyderabad plant with scalable capacity up to 10,000 units per year, supporting expansion into electric tippers and adjacent EV markets.
Board approved unaudited standalone and consolidated Q1 FY26 results, with auditors issuing unqualified review reports.
Professional management, robust financial performance, and established relationships with state transport undertakings drive growth.
Unveiled new Blade Battery Technology, with commercialization planned from Q3.
Financial highlights
Q1 FY26 consolidated revenue reached ₹34,722.35 lakhs, up 11% year-over-year; EBITDA for Q1 was ₹5,597 lakhs, up 11% YoY.
Q1 FY26 consolidated net profit after tax was ₹2,602.77 lakhs, compared to ₹2,068.68 lakhs in Q1 FY25.
FY25 revenue from operations was ₹180,190 lakhs, up 56% YoY; adjusted EBITDA for FY25 was ₹27,632 lakhs, up 49%.
Interest costs decreased due to lower discounting rates and quantum.
Standalone basic and diluted EPS for Q1 FY26: ₹2.73; consolidated EPS: ₹3.17.
Outlook and guidance
Targeting delivery of 2,000 electric buses in FY26, with significant ramp-up expected in H2.
Production capacity expansion to 5,000 buses by Q4 FY26, scalable to 10,000.
Focus on leveraging technology and R&D to expand product portfolio and enter new geographies.
Confident in meeting order book execution within 24 months, barring major supply chain disruptions.
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