| Revenue growth | Revenue down 39% YoY, 7% QoQ |
|---|---|
| Margins | Gross margin 29.9%; to dip in Q3-Q4 |
| Order book | Paid order backlog; ~5,000 orders delayed to October |
| Demand visibility | Paid order backlog; dealer reorders rising |
| Management confidence | High; claims demand exceeds supply |
Growth
Revenue ₹421 Cr, down 39% YoY and 7% QoQ; PAT loss narrowed to ₹362 Cr from ₹418 Cr.
Outlook
Stores to ~450 by Dec and 700 by Mar-27; ~25,000 vehicles in Dec; opex to fall ~₹50 Cr; NMC yield 90% by Q4 FY27.
Risks
Supply-chain ramp-up constraint, charger shortages, dealer channel inventory build, gross margin dip in Q3-Q4, adj. EBITDA margin -58.5%.
Last quarter's promises, checked
Delivered
- Full 6 GWh cell capacity commissioned this quarter → 6 GWh SCOD achieved (= BEAT)
Missed
- Opex to fall to ₹300-325 Cr → ₹369 Cr (= MISS)
- Gross margin 30-32% → 29.9% (= MISS)
- NMC yield >90% within a quarter of late-Aug restart → 90% target now set for Q4 FY27 (= MISS)
Investor Presentation filed with NSE, NSE: OLAELEC. Summary written with AI assistance from 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.
More from Ola Electric Mobility Ltd
All →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.
Ola Electric Mobility Board Meeting Date
Ola Electric Mobility Ltd intimated a board meeting on November 12, 2026 to consider Q2 and half-year FY27 unaudited results. The trading window stays closed until 48 hours after results declaration.
Ola Electric Mobility Capital Structure Change
Promoter and Director Bhavish Aggarwal acquired 9,81,99,966 partly paid-up equity shares of Ola Electric Mobility Ltd for ₹1,590.84 Crore. The acquisition was executed via a rights issue allotment.
- Value
- ₹159.1 Cr
Ola Electric Mobility Capital Structure Change
Ola Electric allotted equity shares under a rights issue, raising paid-up capital from Rs.4,628.41 Crore to Rs.4,850.57 Crore. Post-allotment shares total 49,98,68,978.
- Value
- ₹222.2 Cr
Ola Electric Mobility Capital Structure Change
Ola Electric allotted 37,02,72,665 partly paid-up rights shares at Rs 16.20 each, about Rs 599.84 Crore on application. Balance call money remains payable.
- Value
- ₹599.8 Cr