ALFA Finder| Management target | Revenue FY28 |
|---|
| Revenue growth | Automotive revenue grew 72% sequentially due to delivery volume doubling. |
|---|---|
| Margins | Strong automotive gross margins maintained at 30.5% despite commodity volatility. |
| Order book | Orders reached ~44,000 units, outpacing historical sequential growth trends. |
| Demand visibility | Strong; market share rose from 5.1% to 8.4% this quarter. |
| Management confidence | High; emphasizing structural cost improvements and in-house cell technology superiority. |
Growth
Automotive revenue surged 72% QoQ to ₹455 Crores; deliveries nearly doubled to 39,200 units.
Outlook
Targeting 6 GWh cell capacity by September and ₹400-500Cr service revenue by FY28.
Risks
Service bottlenecks due to spare part shortages and high ASP volatility remain key execution hurdles.
Last quarter's promises, checked
Delivered
- Guided 40k-45k orders for Q1 FY27 → delivered ~44k (= BEAT)
- Guided 500-550Cr revenue for Q1 FY27 → delivered 455Cr (Automotive) + ~100Cr (Other) (= BEAT)
- Guided 6 GWh installation by end of quarter → delivered 6 GWh installed (= BEAT)
Partly delivered
- Guided OpEx reduction to 100-120Cr/month → delivered 428Cr/quarter (~142Cr/month) (= PARTIAL)
Earnings Call Transcript filed with BSE, NSE: OLAELEC. Summary written with AI assistance from the document.
Ola Electric Mobility Ltd: key numbers
- Share price
- ₹34.65
- Market cap
- ₹16,807 Cr
- Revenue (annual)
- ₹2,253 Cr
- Net profit (annual)
- ₹-1,833 Cr
- P/E (TTM)
- -10.0×Sector 33.1×
- 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.
More from Ola Electric Mobility Ltd
All →Ola Electric Mobility Earnings Call Transcript: Key Takeaways
Q2 revenue of ₹421 Cr fell ~7% QoQ and the loss widened to ₹362 Cr. Management emphasises demand, dealers and stabilisation over the widening losses.
Ola Electric Mobility Results Update
Ola Electric filed its Q2 FY27 Key Performance Indicator Data Book with segment financials. The databook covers deliveries, automotive and cell segment results, and consolidated figures.
Ola Electric Mobility Business Update
Ola Electric's Q2 FY27 shareholders' letter reports dealer network growth to 319 stores. Management says supply, not demand, is now the constraint.
Ola Electric Mobility Investor Presentation: Key Takeaways
Q2 FY27 consolidated revenue ₹421 Cr (down 39% YoY), PAT loss ₹362 Cr, gross margin 29.9%. Strategy: dealer-led model, supply-constrained demand, 6 GWh cell SCOD achieved.
Ola Electric Mobility Q2 FY27 Results: Net Loss of ₹362 Cr, Loss Narrows
Ola Electric Mobility Ltd reported revenue from operations of ₹421 Cr (-39.0% YoY) and a net loss of ₹362 Cr for Q2 FY27.
- Key figure
- Net loss ₹362 Cr
Ola Electric Mobility Other Announcement
Ola Electric filed its quarterly shareholding pattern as of 2 November 2026. Promoter and public holdings are reported, with no transaction value stated.