Olectra Greentech shares are trading at Rs 1285.90, marking a 5.49% increase in today's session. This surge positions the stock as a top gainer, driven by trading volumes exceeding its 5-day average. The stock is included in indices such as NIFTY 500, NIFTY Smallcap 100, NIFTY MIDSMALLCAP 400, NIFTY SMALLCAP 250, and Nifty Total Market.
Sentiment Shift:
Recent sentiment analysis indicates a shift from a neutral stance on March 19, 2025, when the closing price was Rs 1127.55, to a bullish outlook as of March 24, 2025, with a closing price of Rs 1291.40.
Financial Performance:
Olectra Greentech has demonstrated substantial growth in both revenue and net profit over the past few years. Here’s a summary of the company’s financial performance:
- Revenue:
- Year ending March 2024: Rs 1,154.14 Cr
- Year ending March 2023: Rs 1,090.76 Cr
- Year ending March 2022: Rs 593.26 Cr
- Year ending March 2021: Rs 281.38 Cr
- Year ending March 2020: Rs 200.52 Cr
- Net Profit:
- Year ending March 2024: Rs 70.66 Cr
- Year ending March 2023: Rs 64.25 Cr
- Year ending March 2022: Rs 34.25 Cr
- Year ending March 2021: Rs 8.04 Cr
- Year ending March 2020: Rs 13.53 Cr
- EPS:
- Year ending March 2024: Rs 9.36
- Year ending March 2023: Rs 7.99
- Year ending March 2022: Rs 4.31
- Year ending March 2021: Rs 0.98
- Year ending March 2020: Rs 1.65
A look at the recent quarterly performance reveals the following:
- Revenue:
- December 2024: Rs 515.37 Cr
- September 2024: Rs 523.67 Cr
- June 2024: Rs 313.94 Cr
- Net Profit:
- December 2024: Rs 46.00 Cr
- September 2024: Rs 45.73 Cr
- June 2024: Rs 20.70 Cr
- EPS:
- December 2024: Rs 5.64
- September 2024: Rs 5.79
- June 2024: Rs 2.92
- Basic EPS: Rs 9.36
- Book Value per Share: Rs 111.67
- Dividend per Share: Rs 0.40
- Return on Networth/Equity: 8.41%
- Debt to Equity: 0.13
The company's cash flow from operating activities for the year ending March 2024 was Rs 143 Cr.
Balance Sheet:
As of March 2024, Olectra Greentech's balance sheet highlights include:
- Share Capital: Rs 32 Cr
- Reserves & Surplus: Rs 880 Cr
- Total Assets: Rs 1,588 Cr
Valuation ratios as of March 2024 indicate a P/E ratio of 201.77, a P/B ratio of 16.97, and a P/S ratio of 13.43.
The surge in Olectra Greentech shares reflects positive market sentiment, supported by strong financial performance and inclusion in key indices.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
