# Olectra Greentech share price today (Olectra Greentech Ltd, NSE: OLECTRA)

> Olectra Greentech share price today: ₹1,008.65 at the NSE close on 3 November 2026, down 34.9% in a year. Olectra Greentech (NSE: OLECTRA) is worth ₹8,280 crore, trades at a P/E of 46.7 and has closed between ₹880.45 and ₹1,520.30 over the past 52 weeks. > Olectra Greentech Ltd's earnings have grown faster than its share price. Earnings per share grew +27.8% in a year while the price moved −34.9%. OLECTRA · Auto - Bus/LCVs · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/olectra-greentech-ltd

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## Key numbers

- Business trend: Growing steadily, from the last 12 quarters
- Price: ₹1,008.65 (−34.9% in a year)
- P/E: 46.7× (lower than 84% of the last 11 years)
- Revenue (Jun 2026): ₹576 Cr (+66.0% on a year ago)
- Profit (Jun 2026): ₹27.0 Cr (+3.8% on a year ago)
- Operating margin: 12.0% (−2.0 points on a year ago)
- ROCE: 21%, FY26
- ROIC: 15.2%, against a 12.0% cost of capital: +3.2 points

The main question: yearly earnings per share moved +27.8% while the share price moved −34.9%. ## What is the 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. 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. ## What changed at Olectra Greentech this quarter? 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. ## What are Olectra Greentech's latest quarterly results? 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

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹576 crore | ₹347 crore | +66.0% |
| Profit | ₹27.0 crore | ₹26.0 crore | +3.8% |
| Earnings per share | ₹3.16 | ₹3.17 | −0.3% |
| Operating margin | 12.0% | 14.0% | −2.0 points |

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.)

## What is the Olectra Greentech share price history? 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

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹955.70 | +5.5% |
| 1 month ago · 1 Oct 2026 | ₹1,096.20 | −8.0% |
| 6 months ago · 30 Apr 2026 | ₹1,245.60 | −19.0% |
| 1 year ago · 31 Oct 2025 | ₹1,548.50 | −34.9% |
| 3 years ago · 3 Nov 2023 | ₹1,176.70 | −14.3% |
| 5 years ago · 4 Nov 2021 | ₹629.50 | +60.2% |
| 10 years ago · 4 Nov 2016 | ₹24.65 | +3,991.9% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹17.45 | +5,680.2% |
| Highest weekly close since March 2016 · 23 Feb 2024 | ₹2,034.20 | −50.4% |
| Lowest weekly close since March 2016 · 1 Apr 2016 | ₹16.65 | +5,958.0% |
| 52-week high (weekly close) · 19 Jun 2026 | ₹1,520.30 | −33.7% |
| 52-week low (weekly close) · 13 Mar 2026 | ₹880.45 | +14.6% |

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.)

## What is the latest news on Olectra Greentech? 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. ## What dividend does Olectra Greentech pay? 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

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 18 Sep 2026 | ₹0.60 | Dividend | 19 Sep 2026 |
| 19 Sep 2025 | ₹0.40 | Dividend | 20 Sep 2025 |
| 19 Sep 2024 | ₹0.40 | Dividend | same day |
| 21 Sep 2023 | ₹0.40 | Dividend | same day |
| 20 Sep 2022 | ₹0.40 | Dividend | n/a |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 4 of 5 Of the last 5 financial years, years with an NSE dividend record

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.)

## What did Olectra Greentech management say on the latest results call? 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](https://files.tijoristack.ai/concall/transcript/4430-17-Aug-2026.pdf). (From the call for April to June 2026, 17 August 2026.)

## What to watch in Olectra Greentech's next results? 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. - What to check (from the call)
- Mobility delivery ramp - check higher quarterly output against market absorption, depot readiness and the annual delivery commitment. - Energy recovery - check raw-material normalization, export mix and segment-margin improvement in the next print. - Rajasthan L1 and BEST resolution - check whether discussions convert into signed orders and scheduled deployment. - New-generation bus and own-truck launch readiness - check localization, regulatory compliance, export configuration and commercialization timing. ## Which stock lists is Olectra Greentech on? Olectra Greentech is not on any of our India lists this week. ## Is Olectra Greentech profitable? 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. 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. ## How much revenue does Olectra Greentech make, and is it growing? 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. 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). ## How much of every ₹100 of sales does Olectra Greentech keep? 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. 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. ## Is Olectra Greentech's profit turning into cash? 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. 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. ## Where does Olectra Greentech's cash go? 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. 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. ## What is Olectra Greentech's P/E ratio, and how does it compare with its own history? 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. Why the multiple is where it is: over the past year earnings per share moved +27.8% while the price moved −34.9%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +9.9% a year; about +65.1% a year came from earnings growth and about −55.2 percentage points from the multiple (the market paying less); over 10 years the price moved +44.9% a year; about +28.7% a year came from earnings growth and about +16.2 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Olectra Greentech business getting better or worse? Olectra Greentech Ltd's business is growing steadily. Revenue, profit and EPS growth have stayed positive throughout, and ROCE is steady at 23.6%. This is based on 12 quarters of 4 measures. Why it matters: steady growth with healthy returns is how a business compounds over time. ## How much does Olectra Greentech earn on its capital? Olectra Greentech Ltd earned a ROCE of 21% in FY26. That is up from a low of −1% in FY19. Its return on capital used (ROIC) is 3.2 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 7.8% net margin and 0.90× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 7.8% net margin × 0.90× asset turnover × 2.09× leverage (assets divided by equity) ≈ 14.7% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 15.2% − 12.0% = +3.2 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. ## Does Olectra Greentech have too much debt? Olectra Greentech Ltd has total debt of ₹380 Cr against shareholder equity of ₹1,233 Cr as of Jun 2026, so its debt is 0.31× its equity. Year by year, that ratio went from 0.09 in FY22 to 0.31 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Olectra Greentech shareholding pattern? Foreign institutions raised their stake in Olectra Greentech Ltd by 1.7 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 7.3% of the company. Domestic institutions moved +0.3 points over the same period, to 0.6%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: +1.7 points over 8 quarters, to 7.3%; Domestic institutions: +0.3 points over 8 quarters, to 0.6%; Promoters: +0.0 points over 8 quarters, to 50.0%. Why the owners changed: foreign institutions drove it (+1.7 points). They raised their stake step by step. ## How far is Olectra Greentech from balance-sheet trouble? For Olectra Greentech Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Olectra Greentech rank in its industry? 55.9 out of 100, rank 1 of 4 in Auto - Bus/LCVs, with 78% of the evidence available. Olectra Greentech Ltd scores 55.9 out of 100 against the 4 companies it is compared with in Auto - Bus/LCVs, ranking 1. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 23.1 + 18 + 7.3 + 7.5 = 55.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Olectra Greentech compared with? Olectra Greentech ranks 1 of 4 Auto - Bus/LCVs companies on the 4-Factor Sector Score, with 55.9 out of 100. 1. Olectra Greentech Ltd this page OLECTRA · quiet · Evidence leans up · 78% evidence 55.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.1/35 · Revenue 38.5% · Profit 26.8% · Operating margin change -2 points · 88% evidence Capital efficiency 18.0/25 · ROCE 21% · Operating margin 12% · 100% evidence Valuation 7.3/20 · P/E 44× · PEG 6.79 · 85% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -16.9% · 1 year -38.6% · 25% evidence · 2 of 12 weeks ahead Exact sum: 23.1 + 18 + 7.3 + 7.5 = 55.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Force Motors Ltd](https://www.sectoralpha.in/stocks/force-motors-ltd) FORCEMOT · turning · Evidence leans up · 97% evidence 55.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.7/35 · Revenue 16.5% · Profit 11.1% · Operating margin change -2 points · 100% evidence Capital efficiency 19.1/25 · ROCE 36% · Operating margin 15% · 100% evidence Valuation 11.9/20 · P/E 21.9× · PEG 1.57 · 85% evidence Relative strength 9.9/20 · Lead over its industry -0.7% · Lead over NIFTY 500 -5% · 1 year -1.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 14.7 + 19.1 + 11.9 + 9.9 = 55.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [SML Mahindra Ltd](https://www.sectoralpha.in/stocks/sml-mahindra-ltd) SMLMAH · losing its lead · Evidence leans down · 75% evidence 46.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.1/35 · Revenue 22.4% · Profit 4.2% · Operating margin change -3.7 points · 100% evidence Capital efficiency 18.4/25 · ROCE 30.9% · Operating margin 4.3% · 100% evidence Valuation 5.0/20 · P/E 46.5× · PEG 6.07 · 50% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 12.6% · 1 year 55.4% · 25% evidence · 11 of 12 weeks ahead Exact sum: 10.1 + 18.4 + 5 + 12.5 = 46 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 4. [JBM Auto Ltd](https://www.sectoralpha.in/stocks/jbm-auto-ltd) JBMA · quiet · Evidence leans down · 79% evidence 43.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.0/35 · Revenue 15.9% · Profit 12.2% · Operating margin change 0 points · 95% evidence Capital efficiency 14.1/25 · ROCE 15.1% · Operating margin 11% · 76% evidence Valuation 9.2/20 · P/E 46.8× · PEG n/a · 35% evidence Relative strength 0.0/20 · Lead over its industry -15.3% · Lead over NIFTY 500 -19.3% · 1 year -29.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 20 + 14.1 + 9.2 + 0 = 43.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Auto - Bus/LCVs](https://www.sectoralpha.in/sectors/auto-bus-lcvs), all 4 compared on one page. ## Which companies are close to Olectra Greentech in size? Olectra Greentech is the 3rd largest of 4 Auto - Bus/LCVs companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Force Motors and JBM Auto. Just below it: SML Mahindra. ### Auto - Bus/LCVs companies close in size

1. [Force Motors Ltd](https://www.sectoralpha.in/stocks/force-motors-ltd) ₹22,867 crore
2. [JBM Auto Ltd](https://www.sectoralpha.in/stocks/jbm-auto-ltd) ₹11,060 crore
3. Olectra Greentech Ltd ₹7,807 crore
4. [SML Mahindra Ltd](https://www.sectoralpha.in/stocks/sml-mahindra-ltd) ₹6,836 crore

[All 4 Auto - Bus/LCVs companies, largest first](https://www.sectoralpha.in/sectors/auto-bus-lcvs#all-companies)

### Companies close in size in other industries

1. [Time Technoplast Ltd](https://www.sectoralpha.in/stocks/time-technoplast-ltd) ₹7,838 crore · Cylinder
2. [HEG Advanced Materials Ltd](https://www.sectoralpha.in/stocks/heg-advanced-materials-ltd) ₹7,836 crore
3. Olectra Greentech Ltd ₹7,807 crore
4. [Jupiter Wagons Ltd](https://www.sectoralpha.in/stocks/jupiter-wagons-ltd) ₹7,769 crore · Railways
5. [Steel Strips Wheels Ltd](https://www.sectoralpha.in/stocks/steel-strips-wheels-ltd) ₹7,763 crore · Auto Ancillaries - Wheels

## What else do people ask about Olectra Greentech? ### What is Olectra Greentech's share price today? Olectra Greentech Ltd's share price is ₹1,008.65, −34.9% over the past year. The whole company is worth ₹8,280 Cr on the market. In the last 52 weeks it traded between ₹880 to ₹1,520; today it is 20% of the way up from the low, 17.7% below its 200-day average (as of 3 November 2026). ### What were Olectra Greentech's latest quarterly results? Olectra Greentech Ltd reported revenue of ₹576 Cr and net profit of ₹27.0 Cr for the Jun 2026 quarter. Revenue rose 66.0% and profit rose 3.8% compared with a year earlier. Earnings per share were ₹3.16. The operating margin was 12.0%, 2.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Olectra Greentech's market cap? Olectra Greentech Ltd's market capitalisation is ₹8,280 Cr at a share price of ₹1,008.65. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Olectra Greentech performing? Olectra Greentech Ltd's share price has been falling for 4 weeks. In its latest quarter, revenue rose 66.0% and profit rose 3.8% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 13 weeks running (as of 3 November 2026). ### Will Olectra Greentech's share price go up? This page does not forecast Olectra Greentech Ltd's share price. What it shows instead: the share price is ₹1,008.65, and it has been falling for 4 weeks. Its P/E of 46.7× is higher than 16% of its own last 11 years (as of 3 November 2026). ### Who owns Olectra Greentech? Promoters own 50.0% of Olectra Greentech Ltd, foreign institutions 7.3%, domestic institutions 0.6% and the public 42.0% (latest quarter). The biggest change over the last two years: Foreign institutions raised their stake by 1.7 percentage points over 8 quarters (as of 3 November 2026). ### Does Olectra Greentech have too much debt? Olectra Greentech Ltd has a moderate amount of debt: its debt is 0.31× its equity, and its operating profit is 5 times its interest bill. FY26 borrowings were ₹380 Cr against equity of ₹1,228 Cr. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is Olectra Greentech in its business cycle? Olectra Greentech Ltd's FY26 operating margin was 14.0%, against a 13-year range of −9.0% to 20.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 12.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Olectra Greentech story? The main question: yearly earnings per share moved +27.8% while the share price moved −34.9%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Olectra Greentech a stock worth studying right now? What the numbers show: Olectra Greentech Ltd's earnings have grown faster than its share price. Earnings per share grew +27.8% in a year while the price moved −34.9%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Olectra Greentech share price forecast for 2026? What management itself 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%. This is research, not advice. We’re not SEBI-registered.