Ola Electric Mobility shares surged to an upper circuit, gaining 19.99% to reach Rs 53.79 in Wednesday's session. The stock demonstrated significant upward movement, positioning it among the top gainers on the Nifty Midcap 150 index.
Financial Performance:
Ola Electric Mobility's financial performance shows the following trends:
Consolidated Quarterly Results:
Here is a summary of the consolidated quarterly results:
| Heading | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|
| Revenue | Rs 1,644.00 Crore | Rs 1,214.00 Crore | Rs 1,045.00 Crore | Rs 611.00 Crore | Rs 828.00 Crore |
| Net Profit | -Rs 347.00 Crore | -Rs 495.00 Crore | -Rs 564.00 Crore | -Rs 870.00 Crore | -Rs 428.00 Crore |
| EPS | -0.95 | -1.20 | -1.28 | -1.97 | -0.97 |
The revenue for the quarter ending June 2025 was Rs 828.00 Crore, compared to Rs 611.00 Crore for the quarter ending March 2025. The net loss for the June 2025 quarter was Rs 428.00 Crore, while the EPS was -0.97.
Consolidated Yearly Results:
The consolidated yearly results are as follows:
| Heading | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | Rs 373.42 Crore | Rs 2,630.93 Crore | Rs 5,009.83 Crore | Rs 4,514.00 Crore |
| Net Profit | -Rs 784.15 Crore | -Rs 1,472.08 Crore | -Rs 1,584.40 Crore | -Rs 2,276.00 Crore |
| EPS | -2.23 | -3.91 | -4.35 | -5.48 |
| BVPS | 9.50 | 2.80 | -4.88 | 11.66 |
| ROE | -42.21 | -269.24 | 0.00 | -44.25 |
| Debt to Equity | 0.40 | 3.01 | -2.50 | 0.59 |
The company's revenue for the year 2025 was Rs 4,514.00 Crore, a decrease from Rs 5,009.83 Crore in 2024. The net loss for 2025 was Rs 2,276.00 Crore, compared to a net loss of Rs 1,584.40 Crore in 2024. The EPS for 2025 was -5.48.
Consolidated Yearly Income Statement:
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|---|
| Sales | Rs 4,514 Crore | Rs 5,009 Crore | Rs 2,630 Crore | Rs 373 Crore |
| Other Income | Rs 418 Crore | Rs 233 Crore | Rs 151 Crore | Rs 82 Crore |
| Total Income | Rs 4,932 Crore | Rs 5,243 Crore | Rs 2,782 Crore | Rs 456 Crore |
| Total Expenditure | Rs 6,842 Crore | Rs 6,641 Crore | Rs 4,146 Crore | Rs 1,222 Crore |
| EBIT | -Rs 1,910 Crore | -Rs 1,397 Crore | -Rs 1,364 Crore | -Rs 766 Crore |
| Interest | Rs 366 Crore | Rs 186 Crore | Rs 107 Crore | Rs 17 Crore |
| Tax | Rs 0 Crore | Rs 0 Crore | Rs 0 Crore | Rs 0 Crore |
| Net Profit | -Rs 2,276 Crore | -Rs 1,584 Crore | -Rs 1,472 Crore | -Rs 784 Crore |
The total sales for the year ending March 2025 were Rs 4,514 Crore compared to Rs 5,009 Crore for the year ending March 2024. The Net profit for the year ending March 2025 was negative, with a value of Rs -2,276 Crore.
Consolidated Quarterly Income Statement:
| Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | |
|---|---|---|---|---|---|
| Sales | Rs 828 Crore | Rs 611 Crore | Rs 1,045 Crore | Rs 1,214 Crore | Rs 1,644 Crore |
| Other Income | Rs 68 Crore | Rs 117 Crore | Rs 127 Crore | Rs 100 Crore | Rs 74 Crore |
| Total Income | Rs 896 Crore | Rs 728 Crore | Rs 1,172 Crore | Rs 1,314 Crore | Rs 1,718 Crore |
| Total Expenditure | Rs 1,230 Crore | Rs 1,476 Crore | Rs 1,643 Crore | Rs 1,725 Crore | Rs 1,998 Crore |
| EBIT | -Rs 334 Crore | -Rs 748 Crore | -Rs 471 Crore | -Rs 411 Crore | -Rs 280 Crore |
| Interest | Rs 94 Crore | Rs 122 Crore | Rs 93 Crore | Rs 84 Crore | Rs 67 Crore |
| Tax | Rs 0 Crore | Rs 0 Crore | Rs 0 Crore | Rs 0 Crore | Rs 0 Crore |
| Net Profit | -Rs 428 Crore | -Rs 870 Crore | -Rs 564 Crore | -Rs 495 Crore | -Rs 347 Crore |
The total sales for the quarter ending June 2025 were Rs 828 Crore. The Net profit for the quarter ending June 2025 was negative, with a value of Rs -428 Crore.
Consolidated Cash Flow:
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|---|
| Operating Activities | -Rs 2,391 Crore | -Rs 633 Crore | -Rs 1,507 Crore | -Rs 884 Crore |
| Investing Activities | -Rs 2,864 Crore | -Rs 1,136 Crore | -Rs 318 Crore | -Rs 1,321 Crore |
| Financing Activities | Rs 5,429 Crore | Rs 1,589 Crore | Rs 658 Crore | Rs 3,084 Crore |
| Others | Rs 0 Crore | Rs 0 Crore | Rs 0 Crore | Rs 0 Crore |
| Net Cash Flow | Rs 174 Crore | -Rs 179 Crore | -Rs 1,167 Crore | Rs 878 Crore |
The net cash flow as of March 2025 was Rs 174 Crore, compared to -Rs 179 Crore in March 2024.
Consolidated Balance Sheet:
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|---|
| Share Capital | Rs 4,411 Crore | Rs 1,955 Crore | Rs 1,955 Crore | Rs 1,955 Crore |
| Reserves & Surplus | Rs 732 Crore | -Rs 2,909 Crore | -Rs 1,408 Crore | -Rs 98 Crore |
| Current Liabilities | Rs 3,554 Crore | Rs 4,007 Crore | Rs 2,350 Crore | Rs 1,156 Crore |
| Other Liabilities | Rs 2,378 Crore | Rs 4,681 Crore | Rs 2,675 Crore | Rs 2,382 Crore |
| Total Liabilities | Rs 11,075 Crore | Rs 7,735 Crore | Rs 5,573 Crore | Rs 5,395 Crore |
| Fixed Assets | Rs 3,847 Crore | Rs 3,195 Crore | Rs 1,719 Crore | Rs 1,101 Crore |
| Current Assets | Rs 6,661 Crore | Rs 4,046 Crore | Rs 3,449 Crore | Rs 4,063 Crore |
| Other Assets | Rs 567 Crore | Rs 493 Crore | Rs 403 Crore | Rs 230 Crore |
| Total Assets | Rs 11,075 Crore | Rs 7,735 Crore | Rs 5,573 Crore | Rs 5,395 Crore |
| Contingent Liabilities | Rs 2,984 Crore | Rs 2,455 Crore | Rs 2,001 Crore | Rs 871 Crore |
Total assets and total liabilities both stood at Rs 11,075 Crore as of March 2025.
Financial Ratios:
Key financial ratios for Ola Electric Mobility are as follows:
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Basic EPS (Rs.) | -2.23 | -3.91 | -4.35 | -5.48 |
| Diluted EPS (Rs.) | -2.23 | -3.91 | -4.35 | -5.48 |
| Book Value /Share (Rs.) | 9.50 | 2.80 | -4.88 | 11.66 |
| Dividend/Share (Rs.) | 0.00 | 0.00 | 0.00 | 0.00 |
| Face Value | 10 | 10 | 10 | 10 |
| Gross Profit Margin (%) | -192.15 | -41.83 | -20.64 | -29.26 |
| Operating Margin (%) | -205.27 | -48.18 | -27.78 | -41.80 |
| Net Profit Margin (%) | -209.98 | -55.95 | -31.62 | -50.42 |
| Return on Networth / Equity (%) | -42.21 | -269.24 | 0.00 | -44.25 |
| ROCE (%) | -18.08 | -39.34 | -37.33 | -25.08 |
| Return On Assets (%) | -14.53 | -26.41 | -20.48 | -20.55 |
| Current Ratio (X) | 3.51 | 1.47 | 1.01 | 1.87 |
| Quick Ratio (X) | 3.27 | 1.22 | 0.84 | 1.65 |
| Debt to Equity (x) | 0.40 | 3.01 | -2.50 | 0.59 |
| Interest Coverage Ratios (X) | -40.73 | -10.20 | -5.54 | -3.61 |
| Asset Turnover Ratio (%) | 0.00 | 0.48 | 0.75 | 0.48 |
| Inventory Turnover Ratio (X) | 0.00 | 5.77 | 6.87 | 6.11 |
| 3 Yr CAGR Sales (%) | 1,832.41 | 5,029.26 | 6,978.02 | 247.68 |
| 3 Yr CAGR Net Profit (%) | 2,700.27 | 3,736.77 | 3,880.45 | 70.37 |
| P/E (x) | 0.00 | 0.00 | 0.00 | -9.68 |
| P/B (x) | 0.00 | 0.00 | 0.00 | 4.54 |
| EV/EBITDA (x) | 0.00 | 0.00 | 0.00 | -17.33 |
| P/S (x) | 0.00 | 0.00 | 0.00 | 5.18 |
As of March 2025, the debt to equity ratio stood at 0.59.
Corporate Actions:
Ola Electric Mobility Limited informed the exchange regarding general communication to the shareholders dated August 16, 2025. Additionally, a press note was released on August 5, 2025, and general updates were shared with the exchange on the same date.
With the stock's price reaching the upper circuit at Rs 53.79, Ola Electric Mobility has shown a strong upward trend in today's session, driven by market dynamics and investor activity.
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