Market closed · data as of 27 Aug 2026 · source NSE via Alphave. Open the live chart →
Olectra Greentech, part of the MEIL (Megha Engineering) group, manufactures electric buses in technology partnership with China's BYD, supplying state transport undertakings and city bus programmes across India, with a large order book from tenders such as those of Maharashtra (BEST) and other STUs. It also has a legacy composite polymer insulators business for power transmission. Revenue is driven by e-bus deliveries against tendered orders, with execution pace and charging/depot infrastructure the key variables.
It is one of India's leading electric bus suppliers by orders and deployments.
Olectra Greentech Ltd. is a constituent of NIFTY 500, NIFTY SMALLCAP 250. See where it sits on the market heatmap →
Consolidated annual figures taken from Olectra Greentech Ltd.'s own filed statements — not estimates, and not restated by us. The most recent period shown is FY26 (year ended 31 Mar 2026).
| Metric | FY26 | FY25 | FY24 |
|---|---|---|---|
| EPS (basic, ₹) | 21.62 | 16.92 | 9.36 |
| Book value / share (₹) | 150.23 | 128.25 | 111.67 |
| Return on equity | 14.6% | 13.2% | 9.4% |
| Return on capital employed | 19.4% | 17.9% | 13.3% |
| Operating margin | 12.3% | 12.4% | 11.2% |
| Net margin | 7.8% | 7.7% | 7.5% |
| EBITDA | ₹330 Cr | ₹261 Cr | ₹166 Cr |
| Free cash flow | ₹-55 Cr | ₹-36 Cr | ₹64 Cr |
| Total debt | ₹380 Cr | ₹255 Cr | ₹121 Cr |
| Debt to equity | 0.31 | 0.24 | 0.13 |
| Interest coverage | 4.7 | 4.4 | 3.0 |
| Current ratio | 1.58 | 1.64 | 1.88 |
| Shares outstanding | 8,20,80,750 | 8,20,83,250 | 8,20,80,750 |
Open the full income statement, balance sheet and cash flow for OLECTRA →
As disclosed for the quarter ended 30 Jun 2026.
Institutional ownership changes quarter to quarter. See daily FII and DII flows across the market →
Companies Alphave classifies in the same sub-sector, closest by market capitalisation.