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As of 6 Nov 2026, Ola Electric Mobility is loss-making on a trailing 12-month basis, with a net loss of ₹1,741 Cr, so it has no P/E ratio. The share price is ₹34.21, 30% below its 52-week high. Sales fell 7.5% a year over 3 years. Debt is 0.82× equity. It is a small-cap company with a market cap of ₹16,383 Cr, ranked 13th of 20 Auto Manufacturers companies by market cap; the shares fell 30% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹34.85
Day high
₹35.15
Day low
₹33.90
Prev. close
₹35.09
Volume
4.1 Cr

Health check

6 to check
  • ReturnsBehind

    −29.9% over a year, better than 0 of 7 peers.

  • Price tagLoss-making

    Earnings were negative over the last 12 months.

  • GrowthShrinking

    Sales −7.5% a year over 3 years.

  • ProfitabilityNegative

    ROCE -29.7% vs peer median 26.1%.

  • Balance sheetStretched

    Debt 0.82× equity, operating profit doesn’t cover interest, Piotroski 3 of 9.

  • Red flags5 to check

    Loss-making over the last twelve months.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Auto Manufacturers

19 listed peers. Screen the industry

Small cap

₹16,383 Cr, #13 of 20 in its industry by size.

High beta

Beta 1.30 vs the NIFTY 50: swings more than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹1,880 Cr · profit ₹−1,741 Cr
Market cap
₹16,383 Cr
Small cap
P/E
n/a
Industry 33.1
Price to book
4.52
Peers 8.38
Dividend yield
0.00%
ROE
−43.2%
Peers 24.1%
ROCE
−29.7%
Peers 26.1%
Debt to equity
0.82
Debt ₹2,763 Cr
EPS (TTM)
−₹3.86
Face value ₹10
OPM (TTM)
−64.2%
Net margin −92.6%
Sales growth
−45.0%
Latest quarter vs a year ago
Profit growth
n/a
Year-ago quarter not reported
Price to sales
8.71
EV/EBITDA −21.2

Strengths and risks

Risks to check

  • Loss-making over the last twelve months.
  • Return on equity is low at −43.2%.
  • Quarterly sales down 45.0% on a year ago.
  • 30% below its 52-week high.
  • Interest coverage of only −2.6×.

No standout strengths in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Ola Electric Mobility

Ola Electric Mobility Limited develops, manufactures, and sells electric vehicles in India. It operates through the Automotive and Cell segments. The company provides electric scooters; and electric vehicle components, such as battery packs, motors and vehicle frames, and cells. It also operates charging stations and service centers. Ola Electric Mobility Limited was incorporated in 2017 and is based in Bengaluru, India.

Headquarters
Bengaluru
Employees
6,139
Sector
Consumer Cyclical
ISIN
INE0LXG01040
Website
olaelectric.com

Price range

52 weeks

₹22.25₹49.05

Today

₹33.90₹35.15
Avg volume (3M)
7.6 Cr
1-year return
minus 29.9%
From 52-week high
minus 30.3%

Analyst consensus

8 analysts
No consensusMean target ₹27.64 minus 19.2%

The mean target is below today’s price.

Target range, with today’s price

Low ₹20.00High ₹35.00

Consensus from Yahoo Finance. Not a recommendation.

Peers · Auto Manufacturers

Compare with peersScreen the whole industry
Company
MARUTIMaruti Suzuki India12,750.00plus 0.77%4,00,86329.83.6817.2%12.9%10.2%15.9%21.1%1.10%minus 17.7%
M&MMahindra & Mahindra3,287.20plus 5.11%3,94,71519.03.7517.1%20.1%18.2%17.5%18.5%1.00%minus 12.7%
BAJAJ-AUTOBajaj Auto10,900.00plus 1.32%2,99,53623.38.2126.1%35.6%21.0%19.5%21.0%1.38%plus 22.9%
TVSMOTORTVS Motor Company4,491.70plus 0.94%2,13,45755.818.8128.8%37.2%14.5%20.2%31.4%0.27%plus 28.1%
EICHERMOTEicher Motors7,669.50minus 0.56%2,10,54436.58.3826.4%23.8%25.2%17.5%23.7%1.07%plus 11.3%
HYUNDAIHyundai Motor India2,130.00plus 0.42%1,73,07137.88.5032.6%24.1%10.3%5.5%4.9%0.99%minus 11.4%
TMCVTata Motors425.50minus 0.83%1,56,70424.810.2625.5%26.0%10.4%––0.94%plus 29.2%
OLAELECOla Electric Mobility34.21minus 2.51%16,383–4.52−29.7%−43.2%−47.3%−7.5%–0.00%minus 29.9%
Median of 7 peers–0.77%2,13,45729.88.3826.1%24.1%14.5%17.5%21.1%1.00%11.3%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrMar 25Jun 25Sep 25Dec 25Mar 26Jun 26
611828–470265455
––––minus 56.6%minus 45.0%
1,3061,065–741546620
−695−237–−271−281−165
−113.7%−28.6%–−57.7%−106.0%−36.3%
11768–343929
12294–807773
170165–170177127
−870−428–−487−496−336
––––−0.8%–
−870−428–−487−500−336
–-0.95-0.93-1.08-1.11-0.74

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
−7.5%
ROE
−43.2%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
2,6004,7983,9982,061
–+84.5%minus 16.7%minus 48.4%
3,8266,0085,6673,012
−1,225−1,210−1,669−951
−47.1%−25.2%−41.7%−46.1%
103167369163
108186366360
167358566684
−75.13−443
−1,472−1,584−2,276−1,829
–––−0.2%
−1,472−1,584−2,276−1,833
-3.28-3.53-5.38-4.09

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
3,7654,9284,4114,411
−3,218−5,882732−1,060
1,6962,7113,5642,763
3,3315,9782,3681,674
5,5737,73511,0757,788
1,2362,5243,0853,011
226563454698
158179197144
1,0859193,698842
2,8693,5503,6413,093
5,5737,73511,0757,788

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−1,507−633−2,391−775
−319−1,136−2,8642,002
6591,5905,429−1,201
−1,167−17917426
−843−1,214−977−718
−2,350−1,847−3,368−1,493

Shareholding pattern

Source: NSE filings
33.0%
promoters
  • Promoters32.97%
  • Public62.52%
  • Employee trusts4.51%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202632.97%62.52%0.00
30 Jun 202632.97%62.52%0.00
4 Jun 202632.97%62.50%minus 1.62
31 Mar 202634.59%60.65%0.00
31 Dec 202534.59%60.58%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you