Olectra Greentech share price target is expected to rise further in the coming years, with analysts forecasting a significant increase by 2050. Olectra Greentech Limited, India’s largest manufacturer of all-electric buses, has spearheaded the electric vehicle revolution. Investors are keeping a close eye on the company’s future prospects, given its strong market presence and innovative advances in the e-mobility sector. Let’s look at the company’s data and forecast some future values.
Company Overview
Hyderabad-based Olectra Greentech Limited is the largest manufacturer of pure electric buses in India. Olectra has nationwide deployed all electric bus variants as the nation’s inaugural electric bus manufacturer. The company is currently expanding its operations to include electric trucks and tippers, which are part of its e-mobility initiative. Olectra, which is publicly traded on the BSE and NSE, is ISO-9001:2008 certified and has an R&D Centre that has been recognised by the Department of Scientific and Industrial Research. The organisation’s objective is to become a significant player in the electric vehicle industry by offering environmentally friendly travel solutions.
Current Share Price
Past 5-Year Analysis: Revenue and Profit
Below is a table that summarises Olectra Greentech’s growth over the last five years in order to give a better understanding of the company’s performance:
| Year | Revenue | Profit / Loss |
|---|---|---|
| 2020 | 421.92 | 13.35 (Profit) |
| 2021 | 288.65 | 15.99 (Profit) |
| 2022 | 593.30 | 52.07 (Profit) |
| 2023 | 1,145.85 | 91.11 (Profit) |
| 2024 | 1,126.19 | 98.71 (Profit) |
From 2020 to 2024, Olectra Greentech Limited’s revenue increased significantly from 421.92 to 1,126.19, while profits increased from 13.35 to 98.71, indicating strong financial performance and consistent profit growth.
Financial Table (as of July 2024)
| Company Name | Olectra Greentech Limited. |
|---|---|
| Market Cap | ₹ 14,409 Cr (As of July 2024) |
| P/E Ratio | 187.55 |
| Industry P/E | 23.68 |
| Debt to Equity Ratio | 0.13 |
| ROE | 8.41% |
| Dividend Yield | 0.02% |
| 52 Week High | INR 2,221.95 |
| 52 Week Low | INR 1,013.00 |
| P/B Ratio | 15.77 |
| EPS (TTM) | 9.36 |
| Official Website | Olectra Greentech Ltd. |
Performance Analysis
Olectra Greentech Limited has demonstrated remarkable financial resilience and growth in the last five years. The significant increase in revenue, combined with consistent increases in profits, demonstrates the company’s strong business model and strategic expansion into the e-mobility sector. The company’s ability to recover from a revenue drop in 2021 and achieve record profits by 2024 demonstrates its adaptability and market dominance.
Olectra Greentech Limited’s financial performance from 2020 to 2024 paints a picture of a dynamic and growing company. The substantial increase in both revenue and profit indicates a successful execution of its business strategy, positioning Olectra as a leading player in the electric vehicle market. Investors and stakeholders can view this performance as a positive indicator of the company’s future growth prospects and market leadership.
Factors Influencing Olectra Greentech Share Price Target
- Market Demand for Electric Vehicles (EV):
- Government Policies and Incentives: Increases EV adoption and Olectra revenue.
- Environmental Concerns: Increases demand for environmentally friendly transportation.
- Technological Advances:
- R&D investments: Improve product efficiency and competitiveness.
- Battery Technology: Enhances battery performance and product appeal.
- Financial Performance:
- Revenue and profit growth: Boosts investor confidence and share prices.
- Cost Management: Increases profit margins.
- Market Expansion:
- Geographic diversification: Promotes revenue growth and market share.
- Product Line Expansion: Reaches a larger customer base.
- Strategic partnerships and collaborations:
- Industry alliances: Increases product offerings and market penetration.
- Government contracts: Provide consistent revenue streams.
- Economic conditions:
- Inflation and interest rates: Impact consumer spending and EV investment.
- Global economic stability: Influences EV demand.
Conclusion:
Olectra Greentech share price target is determined by market demand, technology, financial performance, market expansion, partnerships, economic conditions, competition, and regulatory factors that influence the company’s growth and profitability.
Olectra Greentech Share Price Target 2025
Olectra Greentech share price target for 2025 is expected to be between INR 2,578.93 and 2,986.72, influenced by the company’s strong market presence in electric buses, technological advancements, expanding product lines, and strategic partnerships. With rising demand for environmentally friendly transport and government incentives, Olectra is well-positioned for significant growth, which could boost its stock value.
Olectra Greentech Share Price Target 2030
Olectra Greentech’s share price target for 2030 ranges between INR 7670.41 and INR 8,007.98, considering expected advancements in battery technology, expanded global market reach, and sustained profitability. As environmental regulations tighten and demand for electric vehicles grows, Olectra’s strategic initiatives and innovation are expected to significantly increase its market value.
Olectra Greentech Share Price Target 2035
By 2035, Olectra Greentech’s share price target is expected to be around INR 14,501.44 and INR 14,864.93, reflecting the company’s leadership in the field of electric vehicles, continued expansion into new markets, and successful transition to evolving technologies. A business’s dedication to sustainability and strong financial growth is expected to generate significant long-term value for investors.
Olectra Greentech Share Price Target 2040
Olectra Greentech share price target for 2040 should be between INR 21,000 and INR 22,000, driven by the company’s continued innovation in electric vehicle technology, strong market expansion, and strategic global partnerships. As the demand for sustainable transport solutions grows, Olectra’s strong financials and market leadership are expected to significantly boost its stock price.
Olectra Greentech Share Price Target 2045
Olectra Greentech share price target for 2045 is between INR 28,452 and INR 30,392, reflecting the company’s long-term commitment to innovation, strong presence in the electric vehicle market, and effective strategic partnerships. The growing global shift towards sustainable transport will strengthen Olectra’s market position and boost its stock value.
Olectra Greentech Share Price Target 2050
Olectra Greentech’s share price target for 2050 is projected to be between INR 35,824 and INR 36,734, reflecting decades of consistent growth, continuous technological advancements, and global market leadership in electric vehicles. As the world shifts towards sustainable transportation, Olectra’s strong financial health and strategic vision are likely to drive significant long-term shareholder value.
Olectra Greentech Shareholding Pattern
| Investor Type | Percentage of Shares (%) |
|---|---|
| Promoters | 50.02 |
| Retail and Others | 42.19 |
| Foreign Institutes | 7.61 |
This table indicates a mix of institutional and retail investors, with the promoters holding a significant stake. This diverse ownership structure provides stability and long-term support for the company’s growth strategies.
Conclusion
Olectra Greentech share price targets for 2025, 2030, 2035, 2040, 2045, and 2050 are consistent with the company’s strong growth prospects and favourable industry outlook. Olectra Greentech Limited’s strong financial performance, strategic expansion, and leadership in the electric vehicle market position the company for significant growth in the coming decades. Investors can be optimistic about the company’s future, given that projected share price targets indicate significant value appreciation. Olectra’s commitment to innovation, sustainability, and market expansion ensures that it remains a key player in the e-mobility sector, with strong long-term prospects.
FAQs About Olectra Greentech
1. Who is the Chairman of Olectra Greentech Ltd.?
The Chairman of Olectra Greentech Ltd. is Mr. K.V. Pradeep.
2. Who is the CEO of Olectra Greentech Ltd.?
The CEO of Olectra Greentech Ltd. is Mr. N. Nagasatyam.
3. When was Olectra Greentech Ltd. established?
Olectra Greentech Ltd. was established in 2000.
4. Where is Olectra Greentech Ltd. headquartered?
Olectra Greentech Ltd. is headquartered in Hyderabad, India.
5. What are the main products offered by Olectra Greentech Ltd.?
Olectra Greentech Ltd. primarily manufactures electric buses and is expanding its product line to include electric trucks and tippers.
6. What are some of Olectra Greentech Ltd.’s contributions to sustainability?
Olectra Greentech Ltd. focuses on reducing carbon emissions through its electric vehicles, promoting eco-friendly transportation solutions.
7. What certifications does Olectra Greentech Ltd. hold?
Olectra Greentech Ltd. is ISO-9001:2008 certified and its R&D Centre is recognized by the Department of Scientific and Industrial Research, Government of India.
8. What awards and recognitions has Olectra Greentech Ltd. received?
Olectra Greentech Ltd. has received several awards for its innovation and leadership in the electric vehicle industry, including recognition for its contributions to sustainable transportation.
9. What is the vision and mission of Olectra Greentech Ltd.?
Olectra Greentech Ltd.’s vision is to be a major player in the electric vehicles segment, and its mission is to provide safe, comfortable, and environmentally friendly commuting experiences.
10. What are some key milestones in Olectra Greentech Ltd.’s history?
Key milestones include being the first company in India to manufacture electric buses, expanding its product line to electric trucks and tippers, and achieving significant market presence in the e-mobility sector.
Disclaimer
The information provided in this blog is for educational purposes only and does not constitute financial advice. Investors should research and consult with a financial advisor before making investment decisions.
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Greetings, I am Harsh, a financial analyst who is committed to simplifying the intricacies of share pricing. I specialize in the provision of data-driven, insightful information that enables investors to make informed decisions, drawing on my extensive experience in market analysis and my ability to identify emergent trends. I employ a combination of real-time market analysis and meticulous research to provide actionable and precise information. I aim to provide you with the necessary tools and insights to effectively navigate the stock market, regardless of whether you are a seasoned investor or new to the financial sector. Participate in my investigation of the ever-changing realm of share prices.
