ALFA Finder| Revenue growth | Revenue ₹421 Cr, down ~7% QoQ from ₹455 Cr; no YoY stated. |
|---|---|
| Margins | Gross margin ~30% vs 30.5% QoQ; guided lower in Q3-Q4. |
| Order book | Paid-order backlog from ~5,000 delayed deliveries; no order book figure. |
| Demand visibility | Management claims demand exceeds supply; ~5,000 paid orders delayed. |
| Management confidence | Overly optimistic; 'very optimistic scenario' despite widening losses. |
Growth
Revenue ₹421 Cr vs ₹455 Cr (~-7% QoQ); adjusted EBITDA loss widened to ₹246 Cr from ₹195 Cr.
Outlook
Dealer stores ~450 by December, ~700+ by March 2027; PLI incentives expected from next quarter.
Risks
Gross margin to fall in Q3-Q4 from dealer commissions; rights-issue balance timing undisclosed; operating cash burn persists.
Last quarter's promises, checked
Delivered
- Guided 6 GWh cell capacity by Sept → 6 GWh commissioned (= BEAT)
- Guided dealer go-live early Sept → dealership model live 4 Sept (= BEAT)
Partly delivered
- Guided gross margin 30-32% → ~30% (= PARTIAL)
Missed
- Guided opex ₹300-325 Cr → adjusted opex ₹369 Cr (= MISS)
- Guided volumes steady to slightly up vs ~39,200 → ~35-36k units (= MISS)
- Guided top-line growth over Q1 Auto ₹455 Cr → revenue ₹421 Cr (= MISS)
Earnings Call Transcript filed with NSE, 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 Results Update
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- Key figure
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