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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.
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Q1 25/26 earnings summary13 Aug, 2025

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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Q2 25/2614 Nov, 2025
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