Olectra Greentech share price, P/E, ROE & financials

As of 6 Nov 2026, Olectra Greentech trades at 47.5× trailing earnings, above the industry P/E of 20.4×, and the shares are 34% below their 52-week high. It earns ROCE of 19% and ROE of 16%, and sales and net profit grew 28% and 39% a year over 3 years. Its dividend yield is 0.1%, and debt is 0.31× equity. It is a small-cap company with a market cap of ₹8,424 Cr, ranked 4th of 24 Farm & Heavy Construction Machinery companies by market cap; the shares fell 31% 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: ₹1,046.05
Day high: ₹1,046.05
Day low: ₹1,007.55
Prev. close: ₹1,049.50
Volume: 5.4 L

Health check

1 good · 2 fair · 3 to check

ReturnsBehind
−30.9% over a year, better than 2 of 7 peers.
Price tagPricier
P/E 47.5 vs industry 20.4.
GrowthStrong
Sales +28.4%, profit +39.3% a year over 3 years.
ProfitabilityAverage
ROCE 19.4% vs peer median 21.4%.
Balance sheetFair
Debt 0.31× equity, interest covered 7.5×, Piotroski 5 of 9.
Red flags2 to check
P/E of 47.5 against an industry P/E of 20.4.

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

Farm & Heavy Construction Machinery

23 listed peers. Screen the industry

Small cap

₹8,424 Cr, #4 of 24 in its industry by size.

Defensive

Beta 0.38 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹2,540 Cr · profit ₹177 Cr

Market cap: ₹8,424 Cr; Small cap
P/E: 47.5; Industry 20.4
Price to book: 6.87; Peers 4.57
Dividend yield: 0.06%
ROE: 15.6%; Peers 18.0%
ROCE: 19.4%; Peers 21.4%
Debt to equity: 0.31; Debt ₹380 Cr
EPS (TTM): ₹21.61; Face value ₹4
OPM (TTM): 13.8%; Net margin 7.0%
Sales growth: +65.7%; Latest quarter vs a year ago
Profit growth: −0.3%; Latest quarter vs a year ago
Price to sales: 3.32; EV/EBITDA 24.9

Strengths

Quarterly sales up 65.7% on a year ago.

Risks to check

P/E of 47.5 against an industry P/E of 20.4.
34% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Olectra Greentech

Olectra Greentech Limited manufactures and sells electric buses and trucks in India. It operates in two segments, Energy Division and Mobility Division. The company offers electric tippers. It also provides 1200KV, 330-420KV, 220-245KV, 110-132KV, 52-77KV, 33-36KV, 22-28KV, and 10-15KV composite polymer insulators for transmission and distribution; and tonne, bracket tube, and stay arm insulators for railways. The company serves state and central…

Headquarters: Hyderabad
Employees: 331
Sector: Industrials
ISIN: INE260D01016
Website: olectra.com

Price range

52 weeks

₹866.60₹1,556.00

Today

₹1,007.55₹1,046.05

Avg volume (3M): 3.7 L
1-year return: minus 30.9%
From 52-week high: minus 34.0%

Peers · Farm & Heavy Construction Machinery

Compare with peers Screen the whole industry

Company
ASHOKLEYAshok Leyland	172.09	plus 1.10%	1,01,083	29.1	7.10	14.5%	26.2%	21.5%	10.6%	41.0%	2.03%	plus 21.2%
ESCORTSEscorts Kubota	2,443.40	minus 0.67%	26,888	20.4	2.13	14.4%	10.7%	11.5%	11.3%	55.5%	1.35%	minus 35.6%
ACEAction Construction Equipment	1,167.70	plus 3.55%	13,900	31.8	6.91	28.5%	22.9%	15.6%	15.0%	34.2%	0.17%	plus 2.8%
OLECTRAOlectra Greentech	1,026.35	minus 2.21%	8,424	47.5	6.87	19.4%	15.6%	13.8%	28.4%	39.3%	0.06%	minus 30.9%
AJAXENGGAjax Engineering	556.65	minus 1.24%	6,369	28.1	4.57	21.4%	17.7%	12.5%	22.2%	18.3%	0.00%	minus 5.8%
SWARAJENGSwaraj Engines	3,495.30	minus 1.97%	4,247	20.0	9.01	52.8%	49.3%	12.6%	12.2%	13.7%	3.15%	minus 9.6%
VSTTILLERSV.S.T Tillers Tractors	3,941.70	minus 2.48%	3,411	31.4	3.12	12.4%	10.0%	13.3%	7.2%	4.3%	0.62%	minus 33.8%
UNIPARTSUniparts India	704.60	minus 1.75%	3,179	17.7	3.65	22.0%	18.0%	22.3%	−4.8%	−8.2%	2.11%	plus 41.4%
Median of 7 peers	–	−1.24%	6,369	28.1	4.57	21.4%	18.0%	13.3%	11.3%	18.3%	1.35%	−5.8%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
347	657	664	645	576
299	567	570	545	507
47.8	89.2	93.2	99.6	68.2
13.8%	13.6%	14.0%	15.5%	11.9%
8.1	3.8	3.9	6.6	4.7
12	13.8	20.2	15.4	23.6
10.2	10.7	12.9	11	14.6
33.8	68.5	64.1	79.8	34.7
23.0%	27.8%	27.2%	28.1%	23.1%
26	49.5	46.4	55.5	25.9
3.17	6.04	5.65	6.76	3.16

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +28.4%
Profit CAGR 3Y: +39.3%
EPS CAGR 3Y: +39.3%
ROE: 15.6%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
1,090	1,154	1,798	2,308
–	+5.9%	+55.8%	+28.3%
937	983	1,534	1,977
153	172	264	330
14.0%	14.9%	14.7%	14.3%
0.2	19.6	−3.3	−1.2
18.9	43.1	32.8	37.7
33.1	36.7	37.3	44.8
−11.5	−5.7	−2.9	−0.4
89.4	106	188	246
25.2%	25.6%	25.9%	27.1%
65.6	76.8	139	177
–	+17.1%	+80.8%	+27.8%
7.99	9.36	16.92	21.62

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
32.8	32.8	32.8	32.8
807	881	1,016	1,195
134	121	255	380
583	554	867	959
1,557	1,589	2,171	2,567
347	391	546	667
14.1	82.3	205	103
36.4	10.8	26.5	59.7
6.4	6.9	219	9.6
1,153	1,098	1,175	1,728
1,557	1,589	2,171	2,567

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−10.3	143	141	104
−37.8	−86.5	−225	−167
35.2	−56	82.9	67.4
−12.9	0.5	−1.2	4
−64.5	−79	−177	−159
−74.8	64	−36.3	−55.3

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 5.3% (Yahoo estimate).

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you