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Ola Electric Mobility Limited

Ola Electric Mobility Limited, founded in 2017, is a leading EV company specializing in manufacturing electric vehicles and key components like battery packs, motors, and frames at its Ola Futurefactory. Since launching the Ola S1 Pro in 2021, the company has expanded its lineup and announced six upcoming models, including electric motorcycles. By October 2023, Ola Electric had built a strong direct-to-customer network with 935 experience centers, 414 service centers, and an online presence across India. It also exports to markets in Africa, LATAM, and Southeast Asia. With a focus on R&D, manufacturing, and distribution, the company had 959 employees as of March 2024.

₹72 - ₹764.47x sub
Listed Price76.00
Listing Gain+0.00%
FinancialsBalance sheet and operational figures in Crores
Metric Breakdown

Revenue

Latest (Mar 2024 )5243.27 Cr
Growth+4842.8%
Revenue Trend (₹ in Crores)
0.02.0k4.0k6.0kMar 2021Mar 2022Mar 2023 Mar 2024
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2024 5,243.27-1,584.40 7,735.402,389.21
Mar 2023 2,782.70-1,472.08 5,573.171,645.75
Mar 2022456.26-784.15 5,395.86750.41
Mar 2021106.08-199.232,112.6438.87
Key Performance Indicators (KPIs)
PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-24 -4.35 0%0%-17.69 -21.16
Mar-23 -3.910%0%00
Mar-22-2.230%0%00