# Olectra Greentech (OLECTRA) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/olectra

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,033
- Change: -1.57%
- As of: 2026-11-06
- 1D return: -1.57%
- 5D return: +8.61%
- 1M return: -0.82%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

OLECTRA (₹1,033) is trading in a short-term bounce within a broader weekly and monthly downtrend. On the daily chart, price has reclaimed the 20-period EMA and SMA, supported by a high-severity volume surge (+5.0% return, 2.32x volume ratio) on November 4. However, the daily Supertrend remains bearish, and price stays below key longer-term averages (50-day and 200-day SMAs), indicating the immediate move is corrective rather than a confirmed trend reversal.

Momentum is mixed: while the daily ADX (28.59) suggests established trend strength, the negative slopes of the 20-day and 50-day SMAs (-1.21 and -27.26 respectively) highlight persistent downward pressure. The stock is positioned near the lower end of its 252-day range (+23.5%) but sits in the middle of its 20-day range (+59.0%).

Near-term resistance lies at ₹1,061.5 (high) and ₹1,063.75 (pivot), approximately 2.8–2.9% above current levels. Support is tight at ₹1,029.95 (0.3% below) with deeper support at ₹1,010.4. With annualized volatility at 45.6% and a current drawdown of -38.2%, risk remains elevated. A sustained close above ₹1,063.75 would be required to challenge the weekly bearish structure; failure to hold above ₹1,029.95 may resume the downward path.

- Short-term bounce: Price reclaimed daily 20-EMA/SMA following a +5.0% high-volume move on Nov 4, but daily Supertrend remains bearish.
- Broader downtrend intact: Price trades below weekly/monthly moving averages and Supertrends; ADX shows established daily trend strength but weak monthly conviction (ADX 15.38).
- Key levels: Immediate resistance at ₹1,061.5–₹1,063.75 (~2.8% up); critical support at ₹1,029.95 (0.3% down) and ₹1,010.4.
- Risk profile: High volatility (45.6% annualized) and significant drawdown (-38.2% current, -47.3% max) persist; stock is near the lower end of its yearly range.

- Doji
- Inside Bar

### News Context

On November 3, 2026, Olectra Greentech announced the introduction of 35 electric buses in Chhatrapati Sambhajinagar, Maharashtra. This deployment is part of the company’s broader strategy to expand sustainable public transportation options within the region. The move underscores Olectra’s continued focus on scaling its electric bus fleet and strengthening its presence in key Indian markets through eco-friendly transit solutions.

- {'date': '2026-11-03', 'event': 'Deployment of 35 electric buses in Chhatrapati Sambhajinagar, Maharashtra', 'significance': "Strengthens Olectra's footprint in regional public transport and supports its sustainability-focused growth strategy."}

- [Olectra Introduces 35 Electric Buses in Chhatrapati Sambhajinagar, Strengthening Sustainable Public Transportation in Maharashtra](https://news.webindia123.com/news/Articles/Business/20261103/4515259.html)

### Official Filings

Olectra Greentech Limited has advanced its governance and operational structure ahead of the Q2 FY27 results. Shareholders approved key matters at the Annual General Meeting on September 26, 2026, including a dividend declaration (99.96% in favor) and the appointment of Mr. Venkata Krishna Reddy Puritipati as a director (95.51% in favor). The company also appointed Mr. Surender Nath as Chief Operating Officer for its Energy Division effective October 15, 2026. Ownership data as of September 30, 2026, shows Promoters holding 50.02% and Public Shareholders holding 49.98%, with total voting rights at 41,053,000. A trading window closure is in effect from October 1, 2026, until 48 hours after the board meeting on November 9, 2026, which will consider unaudited financial results for the half-year ended September 30, 2026.

- Board Meeting: Scheduled for November 9, 2026, to approve Q2 and H1 FY27 unaudited financial results.
- Trading Window Closure: Effective October 1, 2026, until 48 hours post-results declaration (after closing hours on November 11, 2026).
- Shareholding Pattern (as of Sep 30, 2026): Promoters hold 50.02%; Public holds 49.98%; Total voting rights are 41,053,000.
- Leadership Change: Mr. Surender Nath appointed as COO for the Energy Division effective October 15, 2026.

- [Financial Results |Meeting Date: 09-Nov-2026](https://nsearchives.nseindia.com/corporate/OLECTRA_04112026153956_Q2FY27BMNOTICE.pdf)
- [OLECTRA GREENTECH LIMITED has informed the Exchange about Board Meeting to be held on 09-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2007_WebXMLFile_20261104_154834678.xml)
- [Board Meeting Intimation |Meeting Date: 09-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2007_WebXMLFile_20261104_154834678.xml)
- [AS ON DATE : 30-Sep-2026 | PR_AND_PRGRP: 50.02 | PUBLIC_VAL: 49.98 | EMPTR: 0 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 15-Oct-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1739053_15102026050851_WEB.xml)
- [Olectra Greentech Limited has informed the Exchange regarding Appointment of Mr Surender Nath as Chief Operating Officer for the Energy Division of the Company w.e.f. October 15, 2026. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/OLECTRA_15102026170628_SMPDISCLOSURE.pdf)
- [OLECTRA GREENTECH LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2007_WebXMLFile_20261015_173055353.xml)
- [Olectra Greentech Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 |SUBJECT: Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/OLECTRA_09102026124207_74_5_certificate.pdf)
- [Olectra Greentech Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 |SUBJECT: Trading Window](https://nsearchives.nseindia.com/corporate/OLECTRA_29092026184516_TWCQ227.pdf)
- [Olectra Greentech Limited has informed the Exchange about Closure of Trading Window |SUBJECT: Trading Window-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_2007_WebXMLFile_20260929_184728812.xml)
- [Olectra Greentech Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 26, 2026. Further, the company has informed the Exchange regarding voting results. |SUBJECT: Shareholders meeting](https://nsearchives.nseindia.com/corporate/OLECTRA_28092026175214_Reg44.pdf)

### Fundamentals

Olectra Greentech’s operating trajectory shows a significant sequential deceleration in the first quarter of FY2026-27. Revenue from operations fell to ₹575.51 crore from ₹644.72 crore in Q4 FY2025-26, driven by seasonal demand patterns typical for electric two-wheelers. This revenue contraction was amplified by a sharp rise in finance costs, which increased sequentially to ₹23.59 crore from ₹15.37 crore, likely reflecting higher borrowings used to fund recent capacity expansion. Consequently, Profit Before Tax dropped to ₹32.16 crore from ₹79.81 crore, and Net Profit declined to ₹26.66 crore from ₹57.39 crore.

Despite this quarterly softness, the underlying financial health remains robust. The company has maintained strong long-term growth, with a 3-year compounded sales growth of 28% and profit growth of 39%. Balance sheet metrics indicate successful capital deployment: Fixed Assets grew significantly to ₹574 crore by Mar 2026, while Cash from Operating Activity remained positive at ₹104 crore. Efficiency ratios also improved, with Inventory Days falling to 51 days by Mar 2026, suggesting better working capital management even as borrowings rose to ₹380 crore. Return on Capital Employed (ROCE) held steady at 21% through Mar 2026, indicating that the new capacity is generating adequate returns.

The key checkpoint for investors is whether the company can stabilize margins and cash conversion in subsequent quarters as the new manufacturing capacity fully ramps up and interest costs normalize relative to earnings.

- Sequential Q1 FY2026-27 revenue declined to ₹575.51 crore from ₹644.72 crore, with Net Profit dropping to ₹26.66 crore from ₹57.39 crore.
- Finance costs rose sharply to ₹23.59 crore in Q1 FY2026-27 from ₹15.37 crore in Q4 FY2025-26, pressuring near-term profitability.
- Long-term fundamentals remain strong with 3-year CAGR sales growth of 28% and ROCE of 21% as of Mar 2026.
- Balance sheet reflects aggressive expansion: Fixed Assets increased to ₹574 crore (Mar 2026) and Borrowings rose to ₹380 crore, while Inventory Days improved to 51 days.

### Bear Case

Olectra Greentech's equity has experienced significant deterioration over the past year, with a 32.3% decline and a current drawdown of 38.2%, reflecting substantial investor losses. Technical indicators on daily and weekly timeframes are bearish, with the Supertrend signaling downward pressure and moving averages sloping negatively. The stock faces immediate resistance at ₹1,061.50, just 2.76% above the recent close of ₹1,033.00, while support is thin near ₹1,029.95. High volatility, evidenced by an annualized volatility of 45.6% and an ATR of 3.77%, suggests continued price instability. Although a monthly trend remains bullish, the short-term momentum and deep historical drawdowns highlight elevated risk for investors.

- - Year-to-date return is -14.0%, with a one-year return of -32.3% and a maximum drawdown of -47.3%, indicating prolonged underperformance.
- - Daily technical setup is bearish (Supertrend: bearish; SMA 20 slope: -13.08), with immediate resistance at ₹1,061.50 (+2.76%) and weak support at ₹1,029.95 (-0.30%).
- - High volatility persists with annualized volatility at +45.6% and Average True Range at 3.77%, suggesting erratic price movements.
- - Recent news highlights operational expansion with 35 electric buses introduced in Chhatrapati Sambhajinagar, but this does not offset current market weakness.

- [Olectra Introduces 35 Electric Buses in Chhatrapati Sambhajinagar, Strengthening Sustainable Public Transportation in Maharashtra](https://news.webindia123.com/news/Articles/Business/20261103/4515259.html)
- [Financial Results |Meeting Date: 09-Nov-2026](https://nsearchives.nseindia.com/corporate/OLECTRA_04112026153956_Q2FY27BMNOTICE.pdf)
- [OLECTRA GREENTECH LIMITED has informed the Exchange about Board Meeting to be held on 09-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2007_WebXMLFile_20261104_154834678.xml)
- [Board Meeting Intimation |Meeting Date: 09-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2007_WebXMLFile_20261104_154834678.xml)
- [AS ON DATE : 30-Sep-2026 | PR_AND_PRGRP: 50.02 | PUBLIC_VAL: 49.98 | EMPTR: 0 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 15-Oct-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1739053_15102026050851_WEB.xml)
- [Olectra Greentech Limited has informed the Exchange regarding Appointment of Mr Surender Nath as Chief Operating Officer for the Energy Division of the Company w.e.f. October 15, 2026. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/OLECTRA_15102026170628_SMPDISCLOSURE.pdf)
- [OLECTRA GREENTECH LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2007_WebXMLFile_20261015_173055353.xml)
- [Olectra Greentech Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 |SUBJECT: Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/OLECTRA_09102026124207_74_5_certificate.pdf)
- [Olectra Greentech Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 |SUBJECT: Trading Window](https://nsearchives.nseindia.com/corporate/OLECTRA_29092026184516_TWCQ227.pdf)
- [Olectra Greentech Limited has informed the Exchange about Closure of Trading Window |SUBJECT: Trading Window-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_2007_WebXMLFile_20260929_184728812.xml)

### FAQs

**What corporate governance and management changes has Olectra Greentech announced recently?**

On October 15, 2026, the company appointed Mr. Surender Nath as Chief Operating Officer for its Energy Division, effective immediately. Additionally, a Board Meeting is scheduled for November 9, 2026, to approve unaudited financial results for the half-year ended September 30, 2026. The trading window for equity shares will remain closed from October 1, 2026, until 48 hours after the results are declared on November 11, 2026.

**How has the shareholding pattern changed as of September 30, 2026?**

As of September 30, 2026, Promoters and Promoter Group hold 50.02% of the equity, while Public Shareholders hold 49.98%. Total voting rights stand at 41,053,000. Mr. Venkata Krishna Reddy Puritipati is identified as a Significant Beneficial Owner holding 0.5002% via MEIL Holdings Limited. The company has no differential voting rights shares.

**What are the current technical price levels and trend indicators for Olectra Greentech?**

As of November 6, 2026, the stock closed at ₹1,033.00 with a market capitalization of approximately ₹86,143.73 crore. Daily trend indicators show a bearish Supertrend direction, with resistance levels at ₹1,061.50 and ₹1,063.75, and support levels at ₹1,029.95 and ₹1,010.79. The stock is currently in a -38.2% drawdown from its peak.

**What recent operational developments have been reported by the company?**

Olectra Greentech has introduced 35 electric buses in Chhatrapati Sambhajinagar to strengthen sustainable public transportation in Maharashtra. This deployment is part of the company's broader efforts to enhance eco-friendly transit options within the region.

- [Olectra Introduces 35 Electric Buses in Chhatrapati Sambhajinagar, Strengthening Sustainable Public Transportation in Maharashtra](https://news.webindia123.com/news/Articles/Business/20261103/4515259.html)
- [Financial Results |Meeting Date: 09-Nov-2026](https://nsearchives.nseindia.com/corporate/OLECTRA_04112026153956_Q2FY27BMNOTICE.pdf)
- [OLECTRA GREENTECH LIMITED has informed the Exchange about Board Meeting to be held on 09-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2007_WebXMLFile_20261104_154834678.xml)
- [Board Meeting Intimation |Meeting Date: 09-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2007_WebXMLFile_20261104_154834678.xml)
- [AS ON DATE : 30-Sep-2026 | PR_AND_PRGRP: 50.02 | PUBLIC_VAL: 49.98 | EMPTR: 0 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 15-Oct-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1739053_15102026050851_WEB.xml)
- [Olectra Greentech Limited has informed the Exchange regarding Appointment of Mr Surender Nath as Chief Operating Officer for the Energy Division of the Company w.e.f. October 15, 2026. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/OLECTRA_15102026170628_SMPDISCLOSURE.pdf)
- [OLECTRA GREENTECH LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2007_WebXMLFile_20261015_173055353.xml)
- [Olectra Greentech Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 |SUBJECT: Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/OLECTRA_09102026124207_74_5_certificate.pdf)
- [Olectra Greentech Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 |SUBJECT: Trading Window](https://nsearchives.nseindia.com/corporate/OLECTRA_29092026184516_TWCQ227.pdf)
- [Olectra Greentech Limited has informed the Exchange about Closure of Trading Window |SUBJECT: Trading Window-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_2007_WebXMLFile_20260929_184728812.xml)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹1,063.75
- Risk regime: Higher Price Risk

### Support levels
- 1010.7875
- 989.425
- 953.95625

### Resistance levels
- 1061.5
- 1158.3
- 1193.6

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -1.57% |
| return_10 | +8.09% |
| return_1m | -6.34% |
| return_1y | -32.28% |
| return_20 | -0.82% |
| return_3m | -26.18% |
| return_5 | +8.61% |
| return_6m | -18.90% |
| return_since_start | -30.46% |
| return_ytd | -13.96% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -47.31% |
| annualized_volatility | +45.64% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue surges 66% but profit barely budges as finance costs nearly double

Olectra Greentech Limited reported a 65.75% jump in revenue to ₹575.51 crore for the June 2026 quarter compared with the same period last year. Profit before tax, however, rose only 3.77% to ₹32.16 crore, as total expenses climbed 69.64% and finance costs nearly doubled. Sequentially, revenue fell 10.74% from the March 2026 quarter, and profit before tax dropped 59.7%, highlighting margin pressure.

## Revenue and Segment Performance

Revenue from operations was ₹575.51 crore in Q1 FY2026-27, up from ₹347.22 crore a year earlier but down from ₹644.72 crore in the preceding quarter. The sequential decline broke a pattern of relatively stable revenue in the ₹640–₹665 crore range seen over the prior three quarters.

Segment revenue matched total revenue, and segment profit before tax followed a similar trajectory. Segment profit before tax was ₹34.69 crore, compared with ₹33.80 crore a year ago (up 2.64%) and ₹79.81 crore in Q4 FY2025-26 (down 56.54%). The segment profit figure was ₹2.53 crore higher than the total profit before tax of ₹32.16 crore, indicating unallocated expenses or adjustments of that amount.

## Expenses and Margins

Total expenses for the quarter were ₹545.49 crore, up 69.64% year-on-year from ₹321.56 crore but down 4.55% sequentially from ₹571.47 crore. Because expenses fell more slowly than revenue, the expense-to-revenue ratio rose to 94.78% from 88.64% in the prior quarter and 92.60% a year ago.

Key expense components in the quarter included:

- Cost of materials consumed: ₹435.53 crore (75.7% of revenue)
- Employee benefit expense: ₹22.34 crore (3.9% of revenue)
- Finance costs: ₹23.59 crore (4.1% of revenue)
- Changes in inventories: -₹6.41 crore (an inventory increase that reduced total expenses)

Finance costs as a percentage of revenue increased to 4.1% from 2.4% in Q4 and 3.5% a year ago, contributing to the higher expense ratio.

## Profitability and Tax

Profit before tax was ₹32.16 crore, nearly flat year-on-year (₹30.99 crore) but down 59.7% from ₹79.81 crore in the prior quarter. Net profit for the period was ₹26.66 crore, compared with ₹26.03 crore a year ago and ₹57.39 crore in Q4. Basic earnings per share fell to ₹3.16 from ₹6.76 in Q4, essentially unchanged from ₹3.17 a year ago.

Tax expense was ₹8.03 crore, down 64.2% sequentially but up 3.29% year-on-year. The effective tax rate remained consistent at approximately 25.0%, compared with 25.1% in the same quarter last year.

## Finance Costs

Finance costs rose sharply to ₹23.59 crore, up 96.7% from ₹12.00 crore a year ago and 53.5% from ₹15.37 crore in the prior quarter. The ₹11.59 crore year-on-year increase in finance costs was a significant drag on profit, as profit before tax grew by only ₹1.17 crore over the same period.

## Other Observations

Other income was ₹2.14 crore, providing a small offset to expenses. The negative changes in inventories of ₹6.41 crore indicate that production outpaced sales during the quarter, which may have implications for working capital.

## Key Takeaway

The June 2026 quarter delivered strong year-on-year revenue growth, but profit growth was minimal as expenses—particularly finance costs—rose sharply. Sequentially, both revenue and profit fell from the March 2026 quarter, with expenses declining more slowly than revenue, squeezing margins. While the top line continues to expand, the cost structure, especially financing costs, is absorbing a larger share of revenue, leaving net profit essentially flat compared with the same quarter last year.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q2
- As of: 2026-09-30
- Promoter holding: +50.02%
- FII holding: +7.35%
- DII holding: +0.61%
- Mutual fund holding: +0.40%
- Retail holding: +33.14%
- Promoter pledged: +0.00%

### Major reported shareholders

- MEIL HOLDINGS LIMITED — +50.02% (Bodies Corporate)

## Official filings

- 2026-11-06 — Generic Announcement: Olectra Greentech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/OLECTRA_06112026165028_CONCALL.pdf)
- 2026-11-06 — Generic Announcement: Olectra Greentech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2007_WebXMLFile_20261106_165312081.xml)
- 2026-11-04 — Board Meeting Notice: Olectra Greentech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/OLECTRA_04112026153956_Q2FY27BMNOTICE.pdf)
- 2026-11-04 — Generic Announcement: Olectra Greentech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2007_WebXMLFile_20261104_154834678.xml)
- 2026-11-04 — Board Meeting Notice: Olectra Greentech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2007_WebXMLFile_20261104_154834678.xml)
- 2026-10-15 — Shareholding Disclosure: Olectra Greentech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1739053_15102026050851_WEB.xml)
- 2026-10-15 — Management Change: Olectra Greentech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/OLECTRA_15102026170628_SMPDISCLOSURE.pdf)
- 2026-10-15 — Generic Announcement: Olectra Greentech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2007_WebXMLFile_20261015_173055353.xml)
- 2026-10-09 — Generic Announcement: Olectra Greentech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/OLECTRA_09102026124207_74_5_certificate.pdf)
- 2026-09-29 — Generic Announcement: Olectra Greentech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/OLECTRA_29092026184516_TWCQ227.pdf)
- 2026-09-29 — Generic Announcement: Olectra Greentech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_2007_WebXMLFile_20260929_184728812.xml)
- 2026-09-28 — Generic Announcement: Olectra Greentech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/OLECTRA_28092026175214_Reg44.pdf)
- 2026-09-01 — Generic Announcement: Olectra Greentech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/OLECTRA_01092026185010_AGMNOTICE.pdf)
- 2026-08-31 — Generic Announcement: Olectra Greentech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/OLECTRA_31082026181549_Notice.pdf)
- 2026-08-31 — Generic Announcement: Olectra Greentech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/OLECTRA_31082026184939_BRSR.pdf)
- 2026-08-31 — Generic Announcement: Olectra Greentech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_2007_WebXMLFile_20260831_192024847.xml)
- 2026-08-31 — Generic Announcement: Olectra Greentech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/OLECTRA_31082026190217_Record_Date.pdf)
- 2026-08-31 — Generic Announcement: Olectra Greentech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/OLECTRA_31082026190711_BookClosure.pdf)
- 2026-08-30 — Annual Report: Olectra Greentech Limited — [Official attachment](https://nsearchives.nseindia.com/annual_reports/AR_30915_OLECTRA_2025_2026_A_9479506_31082026183525.pdf)
- 2026-08-21 — Generic Announcement: Olectra Greentech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2007_WebXMLFile_20260821_184943293.xml)
- 2026-08-21 — Generic Announcement: Olectra Greentech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/OLECTRA_21082026184328_TranscriptQ1FY27.pdf)
- 2026-08-17 — Generic Announcement: Olectra Greentech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/OLECTRA_17082026155609_Investor_PresentationQ127.pdf)
- 2026-08-13 — Generic Announcement: Olectra Greentech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/OLECTRA_13082026194546_Outcome13082026.pdf)
- 2026-08-13 — Generic Announcement: Olectra Greentech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/OLECTRA_13082026193149_Outcome13082026.pdf)
- 2026-08-12 — Generic Announcement: Olectra Greentech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2007_WebXMLFile_20260812_183019219.xml)

## News and market events

- 2026-11-03 — NEWS.WEBINDIA123.COM: **Olectra Introduces 35 Electric Buses in Chhatrapati Sambhajinagar, Strengthening Sustainable Public Transportation in Maharashtra** — Olectra has introduced 35 electric buses in Chhatrapati Sambhajinagar to strengthen sustainable public transportation in Maharashtra. This development is part of the company's efforts to enhance eco-friendly transit options within the region. — [Source](https://news.webindia123.com/news/Articles/Business/20261103/4515259.html)
- 2026-10-29 — BUSINESSTODAY: **ITC, Mazagon Dock, Swiggy, L&T among top Diwali picks for Samvat 2083 for upto 115% upside** — Brokerage firm SMIFS issued positive stock picks for ITC Ltd, Larsen & Toubro Ltd, Mazagon Dock Shipbuilders Ltd, Olectra Greentech Ltd, Swiggy Ltd, and TVS Supply Chain Solutions Ltd ahead of Samvat 2083, assigning specific target prices and upside potentials based on fundamental valuations and growth visibility. — [Source](https://www.businesstoday.in/markets/trending-stocks/story/itc-mazagon-dock-swiggy-lt-among-top-diwali-picks-for-samvat-2083-for-upto-115-upside-564558-2026-10-29)
- 2026-10-10 — Times of India: **9 new BEST blade battery e-buses arrive; Rollout of 49 next-gen vehicles in a week** — Mumbai’s BEST adds nine Blade Battery e-buses, with 49 arriving in a week; LFP chassis-integrated batteries offer 325–500 km range and fast charging. — [Source](https://timesofindia.indiatimes.com/city/mumbai/9-new-best-blade-battery-e-buses-arrive-rollout-of-49-next-gen-vehicles-in-a-week/articleshow/134860889.cms)
- 2026-10-07 — FREEPRESSJOURNAL.IN: **Maharashtra: BEST To Roll Out New Olectra Electric Buses With Blade Battery Technology In Mumbai** — The BEST undertaking is expected to roll out its first batch of 25 Olectra Greentech electric buses equipped with Blade Battery technology by the end of the month. The lightweight lithium iron phosphate batteries can reportedly enable buses to run for up to two days on one charge. — [Source](https://www.freepressjournal.in/mumbai/maharashtra-best-to-roll-out-new-olectra-electric-buses-with-blade-battery-technology-in-mumbai-mumbai-news)
- 2026-09-30 — Mint: **JSW plugs into China tech for its electric bus drive | Company Business News** — The collaboration with CHTC Kinwin adds to JSW’s growing ties with Chinese auto companies and suppliers as it expands into both passenger and commercial vehicles. — [Source](https://www.livemint.com/companies/news/chinese-jsw-jindal-electric-bus-push-chtc-kinwin-electric-commercial-vehicle-electric-bus-saic-jsw-mg-motor-india-11790678151514.html)
- 2026-09-25 — MONEYCONTROL: **KKR-backed PMI Electro Mobility files confidentially for India IPO** — KKR, IPO, PMI ELECTRO MOBILITY — [Source](https://www.moneycontrol.com/news/business/ipo/kkr-backed-pmi-electro-mobility-files-confidentially-for-india-ipo-14038531.html)
- 2026-09-25 — MONEYCONTROL: **KKR-backed PMI Electro confidentially files for IPO; e-bus maker operates 3,300 buses across 34 cities** — PMI Electro IPO, PMI Electro Mobility IPO, PMI Electro confidential filing, KKR PMI Electro, PMI Electro DRHP, PMI Electro Mobility IPO news, electric bus IPO India, KKR electric bus investment India, PMI Electro Allfleet, India electric bus maker IPO — [Source](https://www.moneycontrol.com/news/business/kkr-backed-pmi-electro-confidentially-files-for-ipo-e-bus-maker-operates-3-300-buses-across-34-cities-14037977.html)
- 2026-09-25 — BUSINESS: **KKR-backed e-bus maker PMI Electro confidentially files for India IPO** — Founded in 2017, PMI Electro Mobility is an electric commercial vehicle manufacturer with a fleet of 3,300 e-buses across 34 cities ‌in India — [Source](https://www.business-standard.com/markets/ipo/kkr-backed-e-bus-maker-pmi-electro-confidentially-files-for-india-ipo-126092500053_1.html)
- 2026-09-25 — The Hindu: **KKR-backed electric bus maker PMI Electro Mobility files confidential IPO papers** — KKR-backed electric bus maker PMI Electro Mobility Solutions confidentially files draft IPO papers, with a fleet of 3,300 e-buses across 34 Indian cities. — [Source](https://www.thehindubusinessline.com/markets/kkr-backed-electric-bus-maker-pmi-electro-mobility-files-confidential-ipo-papers/article71506850.ece)
- 2026-09-02 — Times of India: **Olectra Greentech to switch gears with locally developed bus, truck foray in Q3 of FY27 | Hyderabad News - The Times of India** — Olectra Greentech to launch an indigenous electric bus platform and first locally developed electric trucks in Q3 FY27, boosting localisation and cutting reliance on BYD. — [Source](https://timesofindia.indiatimes.com/city/hyderabad/olectra-greentech-to-switch-gears-with-locally-developed-bus-truck-foray-in-q3-of-fy27/articleshow/133718760.cms)
- 2026-07-30 — The Hindu: **Hyderabad-based Olectra becomes first company in India to deploy 4,000 electric buses** — Olectra becomes India's first company to deploy 4,000 electric buses, advancing sustainable public transport and reducing carbon emissions. — [Source](https://www.thehindu.com/news/cities/hyderabad/hyderabad-based-olectra-becomes-first-company-in-india-to-deploy-4000-electric-buses/article71286073.ece)

## Business profile

**Strategic vision:** Manufactures electric buses and composite polymer insulators.

### Business segments
- **Composite Polymer Insulators:** This segment focuses on the production of composite polymer insulators.
- **E-Vehicle:** This segment involves the manufacturing of electric buses in various lengths, including seven-meter, nine-meter, and twelve-meter models.

### Competitive strengths
- Pioneer in electric bus manufacturing in India.

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/olectra
Markdown representation: https://faxioms.com/stocks/olectra?render=md