Ola Electric Mobility Ltd

544225

Summary

Fair Value Assessment
Undervalued (35% Discount)
Fair ValueQ84.17UncertaintyVery High
Close Price54.15Mar 25, 2025
Market Closed
51.76
Price Down by 2.39 | 4.41 %
Previous Close
54.15
Day Range
51.36 – 54.98
Year Range
46.32 – 157.53
Bid / Ask
Market Cap
216.1 Bil
Volume / Average
6.7 Mil / 3.7 Mil
Beta
Shares Outstanding
4,175.78 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
Ola Electric Mobility Ltd is a pure EV player in India and is building vertically integrated technology and manufacturing capabilities for EVs and EV components, including cells. The company manufactures EVs and certain core EV components like battery packs, motors and vehicle frames at the Ola Futurefactory. Its business focuses on capturing the opportunity arising out of electrification of mobility in India and it also seeks opportunities to export its EVs in select international markets in the future.
Contact
Hosur Road, Municipal Ward No.67 Wing C Star Tech, Bengaluru, KA 560 095
T +91 8035440050
www.olaelectric.com opens in a new tab
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Most Recent Earnings
Dec 31, 2024
Fiscal Year End
Mar 31, 2024
Employees
7,369

Key Metrics

Income Statement (in Mil, except ratios)
12/31/2024
03/2023
03/2022
03/2021
03/2020
03/2019
Revenue
52,889.74 26,004.76 3,679.93 8.55
Revenue Growth %
606.66% 42,940.12%
Gross Profit
7,172.76 105.03 -1,207.25 8.55
Gross Profit Margin %
13.56% 0.40% -32.81%
Operating Income
-18,119.65 -13,925.54 -8,171.33 -2,967.20
Operating Margin %
-34.26% -53.55% -222.05% -34,704.09%
EBIT
-16,146.62 -14,636.68 -8,244.34 -2,960.29
EBIT Margin %
-30.53% -56.28% -224.04% -34,623.27%
EBITDA
-11,030.20 -12,966.04 -7,754.54 -2,764.09
EBITDA Margin %
-20.86% -49.86% -210.73% -32,328.54%
Net Income
-18,224.00 -14,720.79 -7,841.50 -1,992.32
Net Profit Margin %
-34.46% -56.61% -213.09% -23,301.99%
Basic EPS
-4.39 -3.34 -1.78 -0.45
Diluted EPS
-4.39 -3.34 -1.78 -0.45
Normalized EPS
-4.09
Total Dividends per Share
Balance Sheet (in Bil, except ratios)
09/30/2024
03/2023
03/2022
03/2021
03/2020
03/2019
Total Assets
125.71 55.73 53.96 21.13
Total Liabilities
59.98 32.17 17.34 1.42
Total Debt
33.55 16.96 8.04 0.42
Total Equity
65.73 23.56 36.61 19.71
Cash And Cash Equivalents
15.79 2.43 12.35 3.58
Working Capital
47.54 10.99 29.07 17.32
Shares Outstanding (Mil)
Book Value Per Share
Total Debt To Equity
0.51 0.72 0.22 0.02
Cash Flow Statement (in Mil, except ratios)
09/30/2024
03/2023
03/2022
03/2021
03/2020
03/2019
Cash From Operating Activities
-18,930.87 -15,072.71 -8,849.54 -2,520.25
Cash From Investing Activities
-31,702.76 -3,185.50 -13,218.25 5,489.40
Cash From Financing Activities
62,119.61 6,587.04 30,848.27 31.50
Capital Expenditures
8,426.12 8,872.80 1,085.30
Free Cash Flow
-21,500.95 -16,660.61 -3,468.57
Change in Cash
11,485.98 -11,671.17 8,780.48 3,000.65

Profile

There is no Key Executive Team data available.
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership

Name
% Total
Shares Held
% Total
Assets
Trend
Prev. 8 Qtrs
Change Amount
Change %
Date
Mirae Asset Large & Midcap Gr 0.66 0.47 27,657,681
-5,997,224
17.82%
Feb 28, 2025
SBI Contra Reg IDCW-P Not Rated 0.43 0.26 18,105,908
-3,727,267
17.07%
Feb 28, 2025
Mirae Asset ELSS Tax Saver Reg Gr 0.43 0.45 17,854,318
-4,529,368
20.24%
Feb 28, 2025
Nippon India Multi Cap Gr 0.27 0.18 11,424,664
Feb 28, 2025
Mirae Asset Midcap Reg Gr 0.26 0.44 10,813,139
-2,653,994
19.71%
Feb 28, 2025
Total (for Top 5) 2.06 85,855,710
-16,907,853

© Copyright 2025 Morningstar, Inc. All rights reserved.
Terms of Use    Privacy Policy
© Copyright 2025 Morningstar, Inc. All rights reserved. Please read our Terms of Use above. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
As of December 1st, 2023, the ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar/Sustainalytics accepts no responsibility or liability whatsoever for the actions of third parties in this respect.
Company: Morningstar India Private Limited; Regd. Office: 9th floor, Platinum Technopark, Plot No. 17/18, Sector 30A, Vashi, Navi Mumbai – 400705, Maharashtra, India; CIN: U72300MH2004PTC245103; Telephone No.: +91-22-61217100; Fax No.: +91-22-61217200; Contact: Morningstar India Help Desk (e-mail: helpdesk.in@morningstar.com) in case of queries or grievances.
Top