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Olectra Greentech (532439) investor relations material
Olectra Greentech Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
India’s EV industry is projected to grow at a 45% CAGR to 2030, with the company maintaining leadership in the electric bus segment and an order book exceeding 9,400 vehicles.
Over 3,600 EVs are on the road, with a scalable Hyderabad plant and expanded product line including electric tippers and composite polymer insulators.
Q3 FY26 saw 385 vehicles delivered, up 37% year-over-year, and the company achieved a 29% Q3 market share.
Emphasis on R&D and new battery technologies, such as Blade Battery, to enhance safety and efficiency.
Standalone and consolidated unaudited financial results for Q3 and 9M FY26 were reviewed and approved, with unqualified audit opinions.
Financial highlights
Q3 FY26 consolidated revenue reached ₹66,359.99 lakhs, up 29% year-over-year; 9M FY26 revenue was ₹1,66,744.68 lakhs, up 23% year-over-year.
Q3 FY26 EBITDA was ₹9,710 lakhs, up 19% year-over-year; 9M FY26 EBITDA was ₹21,797 lakhs, up 13%.
Q3 FY26 PAT was ₹4,639.71 lakhs, flat year-over-year; 9M FY26 PAT was ₹12,213.74 lakhs, up 3%.
Basic and diluted EPS for Q3 FY26 stood at ₹5.65; 9M FY26 EPS was ₹14.86.
Insulator business order book at ₹3,000 lakhs+, targeting 15%-20% annual growth; margins benefited from export mix, expected to stabilize at 25%-30%.
Outlook and guidance
FY 2026 bus delivery guidance revised to 1,500–2,000 units, dependent on market absorption and ecosystem readiness.
CapEx of ₹30,000–35,000 lakhs planned over next two years for new product development; total CapEx to date is about ₹40,000 lakhs.
Long-term EBITDA margin expected to stabilize at 10%-12% as volumes scale, with current margins at 14%.
The company is evaluating the impact of new labour codes effective from November 2025 and has accounted for incremental employee liability.
Focus on leveraging technology and market share to meet growing demand for electric buses and expansion into new geographies.
- TimeTickerHeadlineOpen
- 7 FebMGL
Strong revenue growth offset by lower margins and profit; interim dividend declared. - 7 FebPGIL
Strong revenue and margin growth, with India set for further expansion and upgraded ratings. - 7 Feb504614
Strong revenue and profit growth in Q3 FY26, led by power and steel segments. - 7 FebCHEMPLASTS
Net losses widened and revenue fell year-over-year amid regulatory and market headwinds. - 7 FebSBIN
Q3 FY26 net profit reached ₹21,028.15 crore, driven by robust income and strategic divestments. - 6 FebHTOO
Resale registration for 71,429 shares via warrant, with proceeds only on exercise; financial risks persist. - 6 FebVSAT
Q3 revenue up 3% to $1.16B, net income $25M, strong cash flow, Ligado boost, satellite focus. - 6 FebWEC
Targets 7–8% EPS growth, $37.5B capex, and coal exit by 2032 amid surging data center demand. - 6 FebBR
Q2 FY26 recurring revenue grew 8% and adjusted EPS guidance was raised to 9-12%. - 6 FebFFWM
Merger vote includes new non-voting stock class with limited conversion and no voting rights.
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