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Earnings Call

Ola Electric Mobility Earnings Call: Key Takeaways

Ola Electric Q4 FY26 results show a reset year with consolidated revenue at ₹265 Cr and a record gross margin of 38.5%. Strategic shift to vertical integration and own-cell manufacturing.

Why this was an Alfa AlertNot a filter event. Q4 was a low volume quarter; guidance for Q1 FY27 is forward-looking and does not constitute a prior-period beat.
Highlights
Revenue growthFY26 revenue ₹2,253 Cr; Q4 ₹265 Cr.
MarginsConsolidated gross margin expanded to 38.5% in Q4 FY26.
Demand visibilityQ1 FY27 orders expected to double Q4 levels to 40k-45k.
Management confidenceHigh; citing 'V-shaped sales recovery' and service stabilization.

Growth

Q4 FY26 revenue ₹265 Cr; FY26 total revenue ₹2,253 Cr. Deliveries reached 173,794 units in FY26.

Outlook

Q1 FY27 guidance: ₹500-₹550 Cr revenue and 40k-45k orders. Ramping Gigafactory to 6 GWh commercial production.

Risks

Geopolitical uncertainties and commodity inflation may moderate Q1/Q2 FY27 margins. Historical service issues impacted brand trust.

Source

Earnings Call filed with BSE, NSE: OLAELEC. Summary written with AI assistance from the document.

Read the document ↗

Ola Electric Mobility Ltd: key numbers

Share price
₹35.85
Market cap
₹17,389 Cr
Revenue (annual)
₹2,253 Cr
Net profit (annual)
₹-1,833 Cr
P/E (TTM)
-10.0×Sector 32.5×
Promoter holding
32.49%-0.48% QoQ
FII holding
4.56%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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