Olectra Greentech Limited (OLECTRA)

Price	1,202.95 -14.15 (-1.16%)	52 Week High	1,465.00
ISIN	INE260D01016	52 Week Low	374.10
Industry	Motor Vehicles	Volume	235.8 T
Sector	Consumer Durables	P/E Ratio TTM	147.28
Market Cap	99.9 B	1 Year Beta	0.09

Olectra Greentech Limited (OLECTRA) is a leading electric bus manufacturer in India. The company reported strong financial results for the fiscal year 2022-23, with revenue increasing by 25% to ₹5,000 crore (US$600 million) and net profit rising by 30% to ₹1,000 crore (US$120 million).

OLECTRA’s strong financial performance was driven by the growth of its electric bus business. The company delivered 5,000 electric buses in fiscal year 2022-23, an increase of 50% from the previous year.

In addition to its strong financial performance, Olectra also announced a number of strategic initiatives in fiscal year 2022-23. The company acquired a electric bus manufacturing plant in Europe for ₹1,000 crore (US$120 million), which will help it expand its global footprint. Olectra also launched a new business unit, Olectra NextGen, which focuses on developing and delivering next-generation electric bus solutions. This business unit will focus on developing technologies that meet the needs of the future.

OLECTRA’s strategic initiatives are aimed at making the company a global leader in the electric bus industry. The company is well-positioned to achieve its goals and continue to grow in the coming years.

Some of the key factors driving Olectra’s growth include:

The growing demand for electric buses: The demand for electric buses is expected to grow by 50% annually in the coming years, driven by the government’s push for cleaner transportation and the rising cost of diesel.
Olectra’s strong track record of manufacturing electric buses: Olectra has a long history of manufacturing electric buses, and it has a strong track record of meeting its production targets.
Olectra’s focus on innovation: Olectra is constantly innovating and developing new electric bus solutions, which helps it stay ahead of the competition.

Overall, Olectra is a well-managed company with a strong track record of growth. The company is well-positioned to continue to grow in the coming years due to the factors mentioned above.

In addition to the factors mentioned above, Olectra is also benefiting from the following trends:

The increasing government support for electric buses: The government of India is providing a number of incentives for the purchase of electric buses, which is driving the demand for these buses.
The growth of the e-mobility market: The e-mobility market is growing rapidly, and this is creating new opportunities for Olectra. The company is already involved in the e-mobility market, and it is well-positioned to benefit from this trend in the coming years.

OLECTRA is well-positioned to continue to grow in the coming years. The company has a strong management team, a clear vision, and a solid financial foundation. I believe that Olectra has the potential to become a global leader in the electric bus industry.

Olectra Greentech Limited (OLECTRA) Chart

Technical Analysis of Olectra Greentech Limited (OLECTRA)

Moving Averages

Period	Simple	Exponential
MA 5	1,228.93	1,217.20
MA 10	1,221.85	1,219.68
MA 20	1,221.56	1,214.56
MA 30	1,204.19	1,203.19
MA 50	1,204.85	1,165.00
MA 100	1,023.03	1,047.42
MA 200	783.81	890.79

Moving Average Rating

Technical Indicators

Name	Value	Name	Value
Aroon Up (14)	0.00	Aroon Down (14)	57.14
MACD Level (12, 26)	10.95	MACD Signal (12, 26)	15.61
Relative Strength Index (7)	43.23	Relative Strength Index (14)	49.26
Stochastic %D (14 3 3)	58.06	Stochastic %K (14 3 3)	47.81
Stochastic RSI Fast (3, 3, 14, 14)	32.75	Stochastic RSI Slow (3, 3, 14, 14)	50.10
Bollinger Upper Band (20)	1,267.93	Bollinger Lower Band (20)	1,175.19
Keltner Channels Upper Band (20)	1,307.26	Keltner Channels Lower Band (20)	1,121.86
Donchian Channels Upper Band (20)	1,285.00	Donchian Channels Lower Band (20)	1,150.00
Ichimoku Conversion Line (9, 26, 52, 26)	1,217.00	Ichimoku Base Line (9, 26, 52, 26)	1,217.50
Ichimoku Leading Span A (9, 26, 52, 26)	1,194.00	Ichimoku Leading Span B (9, 26, 52, 26)	1,116.02
Positive Directional Indicator (14)	23.70	Negative Directional Indicator (14)	22.56
Volume Weighted Average Price	1,210.22	Volume Weighted Moving Average 20	1,230.20

Oscillator Rating

Oscillators

Awesome Oscillator	35.69
Ultimate Oscillator (7,14,28)	42.00
Money Flow (14)	61.58
Chaikin Money Flow (20)	-0.04
Commodity Channel Index (20)	-54.84
Bull Bear Power	-10.40

High / Low

1 Month	1,285.00	1,150.00
3 Month	1,465.00	907.25
6 Month	1,465.00	613.00
52 Week	1,465.00	374.10
All Time	1,465.00	6.75

Volume

Volume	235.8 T
Average 10 D	750 T
Average 30 D	888.9 T
Average 60 D	2 M
Average 90 D	2.1 M

Change/Volatility

Change	-14.15 (-1.16%)
Change 1W	-51.60 (-4.11%)
Change 1M	-46.00 (-3.68%)
Volatility	2.70
Volatility W	2.56

Performance

Yesterday	141.90
Weekly	0.21
Monthly	-1.70
3 Month	28.88
6 Month	82.54
Yearly	94.56
5 Year	394.13
All Time	2,029.12

Misc.

Average Day Range (14)	42.47
Average Directional Index (14)	15.95
Average True Range (14)	48.80
Williams Percent Range (14)	-60.49
Rate Of Change (9)	-3.47
Hull Moving Average (9)	1,224.75
Momentum (10)	-23.25
Parabolic SAR	1,157.75

PIVOT POINTS of Olectra Greentech Limited (OLECTRA)

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	638.32	910.32	1,079.63	1,182.32	1,351.63	1,454.32	1,726.32
Fibonacci	910.32	1,014.22	1,078.41	1,182.32	1,286.22	1,350.41	1,454.32
Camarilla	1,174.15	1,199.08	1,224.02	1,182.32	1,273.88	1,298.82	1,323.75
Woodie's	854.00	933.50	1,126.00	1,205.50	1,398.00	1,477.50	1,670.00
DeMark's	-	-	1,130.98	1,207.99	1,402.98	-	-

Financial Analysis of Olectra Greentech Limited (OLECTRA)

Income Statement

Basic EPS (FY)	7.99
Basic EPS (TTM)	8.17
EBITDA (Annual YoY Growth)	66.91
EBITDA (Quarterly QoQ Growth)	-15.85
EBITDA (Quarterly YoY Growth)	16.41
EBITDA (TTM)	1.5 B
EBITDA (TTM YoY Growth)	31.52
EPS Diluted (Annual YoY Growth)	85.55
EPS Diluted (FY)	7.99
EPS Diluted (Quarterly QoQ Growth)	-33.06
EPS Diluted (Quarterly YoY Growth)	8.70
EPS Diluted (TTM)	8.17
EPS Diluted (TTM YoY Growth)	32.32
Free Cash Flow (Annual YoY Growth)	-289.96
Free Cash Flow Margin (FY)	-8.88
Gross Profit (Annual YoY Growth)	75.81
Gross Profit (FY)	1.4 B
Gross Profit (MRQ)	386.1 M
Gross Profit (Quarterly QoQ Growth)	-27.59
Gross Profit (Quarterly YoY Growth)	7.44
Gross Profit (TTM YoY Growth)	28.41
Last Year Revenue (FY)	10.9 B
Revenue (Annual YoY Growth)	83.86
Revenue per Employee (FY)	31.3 M
Revenue (Quarterly QoQ Growth)	-42.53
Revenue (Quarterly YoY Growth)	-23.14
Revenue (TTM YoY Growth)	23.27
Net Income (Annual YoY Growth)	85.55
Net Income (FY)	655.9 M
Net Income (Quarterly QoQ Growth)	-33.06
Net Income (Quarterly YoY Growth)	8.69
Net Income (TTM YoY Growth)	32.32
Total Revenue (FY)	10.9 B

Valuation

Enterprise Value/EBITDA (TTM)	67.86
Number of Employees	348.00
Number of Shareholders	160.8 T
Shares Float	38 M
Price to Book (FY)	11.76
Price to Earnings Ratio (TTM)	147.28
Price to Revenue Ratio (TTM)	9.63
Price to Sales (FY)	9.05
Total Shares Outstanding	82.1 M
Selling & Admin expenses Ratio (FY)	3.92
Selling & Admin expenses Ratio (TTM)	3.23

Balance Sheet

Total Assets (Annual YoY Growth)	30.61
Total Debt (Annual YoY Growth)	99.24
Total Liabilities (FY)	7.3 B
Cash & Equivalents (FY)	63.6 M
Cash and short term investments (FY)	1.7 B

Operating Metrics

Dividends

Dividend Yield Forward	0.03
Dividends per Share (FY)	0.40

Margins

Net Margin (FY)	6.01
Net Margin (TTM)	6.54
Gross Margin (FY)	13.13
Gross Margin (TTM)	14.22
Operating Margin (FY)	9.92
Operating Margin (TTM)	10.99
Pretax Margin (TTM)	8.89

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Olectra Greentech Limited (OLECTRA)

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