Ola Electric Mobility shares reached the upper circuit, gaining 5% to Rs 56.95 in Tuesday's session. The stock is a constituent of the Nifty Midcap 150 index.
The following table summarizes the key financial figures for Ola Electric Mobility:
| 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 company's quarterly revenue shows a fluctuating trend. The revenue for the quarter-ending June 2025 was Rs 828.00 Crore. The net profit has been negative across all reported quarters, with a net loss of Rs 428.00 Crore for the quarter-ending June 2025. Similarly, the EPS has been negative, standing at -0.97 for the same period.
| 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 annual revenue increased significantly from 2022 to 2024, but saw a decrease in 2025. Net profit remained negative throughout the period, with increasing losses each year. The book value per share (BVPS) shows considerable fluctuation, turning negative in 2024 before recovering in 2025.
The following table presents the annual income statement for Ola Electric Mobility:
| 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 following table presents the quarterly income statement for Ola Electric Mobility:
| 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 following table summarizes the cash flow from various activities:
| 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 following table presents the balance sheet of Ola Electric Mobility:
| 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 |
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 |
| 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 (%) | -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 |
Ola Electric Mobility Limited has announced several press releases. According to a press release dated September 24, 2025, the company made an announcement under Regulation 30 (LODR). Additionally, on September 23, 2025, the company launched the "Ola Celebrates India Campaign" introducing "MuhuratMahotsav" with EVs starting at Rs 49,999.
Moneycontrol analysis on September 23, 2025, indicated a bullish sentiment for the stock.
With the stock's last traded price at Rs 56.95, Ola Electric Mobility saw its shares reach the upper circuit in today's session.
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