Olectra Greentech share price today

Olectra Greentech Ltd's share price was ₹1,008.65 at the close on 3 November 2026. It has been falling for 4 weeks. That is 17.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹880 and ₹1,520, and at that close it sat 20% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Olectra Greentech Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 13 weeks running.

Over the last 11 years the share price moved +5,680% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 7 August 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

One change stood out: revenue up on a year earlier for 9 quarters in a row.

1. Revenue up on a year earlier for 9 quarters in a row

   In the June 2026 quarter revenue was ₹576 crore, +66% on a year earlier.

   Why: Revenue rose because the company delivered more electric buses than a year earlier.

   Next results: check whether the company can hand over more buses as depots and power connections become ready.

   From the earnings call on 17 Aug 2026.

For April to June 2026 (the quarter ended 30 June 2026), Olectra Greentech reported revenue of ₹576 crore, up 66.0% from ₹347 crore a year earlier, and a profit of ₹27.0 crore, up 3.8% from ₹26.0 crore.

Olectra Greentech results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Olectra Greentech's management discussed these results on a call held on 17 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Olectra Greentech closed at ₹1,008.65 on 3 November 2026, down 34.9% from ₹1,548.50 a year earlier (31 October 2025) and up 60.2% over five years. Its highest weekly close since March 2016 was ₹2,034.20 on 23 February 2024.

Olectra Greentech share price: then and now

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

560 weekly closes from 11 March 2016 to 3 November 2026.

3 Nov 2026: Olectra Greentech closed at ₹1,008.65, up 5.5% on the week and down 8.0% on the month. 18 Sep 2026: ex-date for a dividend of ₹0.60 a share, record date 19 Sep 2026.

Earlier

• 17 Aug 2026: Olectra Greentech held its results call for April to June 2026. Management guided: FY27 bus TIV about 8,000 and Olectra deliveries 2,000-plus to 2,500; next-year bus adoption growth predicted at 30%-50%.
• Results for April to June 2026: Revenue up 66.0% and profit up 3.8% on a year earlier.

Olectra Greentech paid ₹0.60 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.06% at the ₹1,008.65 close on 3 November 2026. The last was a dividend of ₹0.60 a share, ex-date 18 September 2026.

Olectra Greentech dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Olectra Greentech Ltd paid out 3% of its profit as dividends in FY26, and it paid a dividend in 5 of its last 13 reported years.

From the NSE corporate-actions record, read 4 November 2026.

On the call for April to June 2026, held on 17 August 2026, Olectra Greentech's management guided: FY27 bus TIV about 8,000 and Olectra deliveries 2,000-plus to 2,500; next-year bus adoption growth predicted at 30%-50%.

“What we are saying is that margins will lie between 12% and 15% on a given day, and that is the nature of the market.”Mahesh Babu, on the call for April to June 2026

What management guided

• Mobility production close to 500 vehicles in Q2, rising to 600-700 in the final quarter.
• Energy revenue planned at 5x over three years; Energy capital spending includes a ₹30-35 crore building, ₹15 crore equipment this FY and about ₹50 crore over 18 months.
• Energy exports expected at 35%-40% of topline, while market share is planned above 30%.
• Consolidated margins framed around 12% stabilization and 12%-15% depending on mix; Energy gross margins expected at 40%-45% near term.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 17 August 2026.

When Olectra Greentech reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Mobility delivery ramp - check higher quarterly output against market absorption, depot readiness and the annual delivery commitment.

Olectra Greentech is not on any of our India lists this week.

Olectra Greentech Ltd earned ₹27.0 Cr of net profit in the Jun 2026 quarter, +3.8% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹180 Cr. Over 10 years profit has grown 40.5% a year on average. That is 4.7% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹26.0 Cr.

For the full year, FY26 profit was ₹180 Cr (+29.5% on the year before).

Why profit moved: revenue changed +66.0% on a year earlier and the margin moved −2.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +44.3% and revenue +41.0%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Olectra Greentech Ltd reported ₹576 Cr of revenue in the Jun 2026 quarter, +66.0% on the same quarter a year earlier. That is the 9th quarter in a row with growth on the year before. Over 10 years it has grown 37.9% a year on average. The last full year, FY26, came in at ₹2,312 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹2,542 Cr.

FY26 revenue was ₹2,312 Cr, +28.3% on the year before.

Recent pace: the last four quarters grew +41.0% on average, against 37.9% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +38.5%, against +42.5% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +26.8%, against +45.5% a year (rolling over).

Olectra Greentech Ltd's operating margin was 12.0% in the Jun 2026 quarter, 2.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between −9.0% and 20.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −1.9 percentage points on the year while gross margin changed −4.0 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 97% of Olectra Greentech Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹104 Cr of operating cash against ₹180 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹159 Cr of spending on assets, free cash was −₹55.0 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 97% of profit came in as cash: the cash cycle got 131 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 3.5× depreciation over three years. The next section checks what that spending is building.

Olectra Greentech Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 54 days in FY26, down from 185 days in FY21. It spent ₹415 Cr on assets over the last 3 years. Customers take 156 days to pay, and stock sits for 51 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹2,312 Cr, each day of that cycle ties up about ₹6.3 Cr, so roughly ₹342 Cr is tied up in the business at any time.

FY26: customers took 156 days to pay and stock sat for 51 days, about 1.7 months of sales sitting as stock, for a full cycle of 54 days, shorter than FY21's 185.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 51 days. Customers pay about 156 days after that. Suppliers are paid at 153 days. Together that makes the 54-day cycle.

Spending on assets: ₹415 Cr over the last 3 years, against ₹119 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹82.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Olectra Greentech Ltd's P/E is 46.7×, near the low end of its own history: it has been lower only 16% of the time. Its usual P/E (the middle reading) is 95.5×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.