Shares of Ola Electric were among the top losers on the Nifty Midcap 150, trading at Rs 64.90, a 5.93% decrease. At 12:30 pm, the stock reflected bearish sentiment in the market.
Other stocks that were among the top losers on Nifty Midcap 150 were Coromandel Int, Solar Ind, One 97 Paytm and Cochin Shipyard.
Financial Snapshot of Ola Electric
Here's a summary of Ola Electric's financial performance based on available data:
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 in June 2025 was Rs 828.00 Crore, a decrease compared to Rs 1,644.00 Crore in June 2024. The net profit for the same period was -Rs 428.00 Crore, compared to -Rs 347.00 Crore in June 2024. The EPS was -0.97, compared to -0.95 in June 2024.
Consolidated Yearly Results:
| 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 revenue for the year ending in 2025 was Rs 4,514.00 Crore, a decrease compared to Rs 5,009.83 Crore in 2024. The net profit for the same period was -Rs 2,276.00 Crore, compared to -Rs 1,584.40 Crore in 2024. The EPS was -5.48, compared to -4.35 in 2024.
Consolidated Yearly Income Statement:
| Header | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|
| Sales | 4,514 | 5,009 | 2,630 | 373 |
| Other Income | 418 | 233 | 151 | 82 |
| Total Income | 4,932 | 5,243 | 2,782 | 456 |
| Total Expenditure | 6,842 | 6,641 | 4,146 | 1,222 |
| EBIT | -1,910 | -1,397 | -1,364 | -766 |
| Interest | 366 | 186 | 107 | 17 |
| Tax | 0 | 0 | 0 | 0 |
| Net Profit | -2,276 | -1,584 | -1,472 | -784 |
The sales for the year ending March 2025 were Rs 4,514 Crore, compared to Rs 5,009 Crore for March 2024. The net profit for the same period was -Rs 2,276 Crore, compared to -Rs 1,584 Crore for March 2024.
Consolidated Quarterly Income Statement:
| Header | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|
| Sales | 828 | 611 | 1,045 | 1,214 | 1,644 |
| Other Income | 68 | 117 | 127 | 100 | 74 |
| Total Income | 896 | 728 | 1,172 | 1,314 | 1,718 |
| Total Expenditure | 1,230 | 1,476 | 1,643 | 1,725 | 1,998 |
| EBIT | -334 | -748 | -471 | -411 | -280 |
| Interest | 94 | 122 | 93 | 84 | 67 |
| Tax | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -428 | -870 | -564 | -495 | -347 |
The sales for the quarter ending June 2025 were Rs 828 Crore, compared to Rs 1,644 Crore for June 2024. The net profit for the same period was -Rs 428 Crore, compared to -Rs 347 Crore for June 2024.
Consolidated Cash Flow:
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|---|
| Operating Activities | -2,391 | -633 | -1,507 | -884 |
| Investing Activities | -2,864 | -1,136 | -318 | -1,321 |
| Financing Activities | 5,429 | 1,589 | 658 | 3,084 |
| Others | 0 | 0 | 0 | 0 |
| Net Cash Flow | 174 | -179 | -1,167 | 878 |
Consolidated Balance Sheet:
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|---|
| Share Capital | 4,411 | 1,955 | 1,955 | 1,955 |
| Reserves & Surplus | 732 | -2,909 | -1,408 | -98 |
| Current Liabilities | 3,554 | 4,007 | 2,350 | 1,156 |
| Other Liabilities | 2,378 | 4,681 | 2,675 | 2,382 |
| Total Liabilities | 11,075 | 7,735 | 5,573 | 5,395 |
| Fixed Assets | 3,847 | 3,195 | 1,719 | 1,101 |
| Current Assets | 6,661 | 4,046 | 3,449 | 4,063 |
| Other Assets | 567 | 493 | 403 | 230 |
| Total Assets | 11,075 | 7,735 | 5,573 | 5,395 |
| Contingent Liabilities | 2,984 | 2,455 | 2,001 | 871 |
Financial Ratios:
| Ratio | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|
| Basic EPS (Rs.) | -5.48 | -4.35 | -3.91 | -2.23 |
| Diluted EPS (Rs.) | -5.48 | -4.35 | -3.91 | -2.23 |
| Book Value [Excl. Reval Reserve]/Share (Rs.) | 11.66 | -4.88 | 2.80 | 9.50 |
| Dividend/Share (Rs.) | 0.00 | 0.00 | 0.00 | 0.00 |
| Face Value | 10 | 10 | 10 | 10 |
| Gross Profit Margin (%) | -29.26 | -20.64 | -41.83 | -192.15 |
| Operating Margin (%) | -41.80 | -27.78 | -48.18 | -205.27 |
| Net Profit Margin (%) | -50.42 | -31.62 | -55.95 | -209.98 |
| Return on Networth / Equity (%) | -44.25 | 0.00 | -269.24 | -42.21 |
| ROCE (%) | -25.08 | -37.33 | -39.34 | -18.08 |
| Return On Assets (%) | -20.55 | -20.48 | -26.41 | -14.53 |
| Current Ratio (X) | 1.87 | 1.01 | 1.47 | 3.51 |
| Quick Ratio (X) | 1.65 | 0.84 | 1.22 | 3.27 |
| Debt to Equity (x) | 0.59 | -2.50 | 3.01 | 0.40 |
| Interest Coverage Ratios (X) | -3.61 | -5.54 | -10.20 | -40.73 |
| Asset Turnover Ratio (%) | 0.48 | 0.75 | 0.48 | 0.00 |
| Inventory Turnover Ratio (X) | 6.11 | 6.87 | 5.77 | 0.00 |
| 3 Yr CAGR Sales (%) | 247.68 | 6,978.02 | 5,029.26 | 1,832.41 |
| 3 Yr CAGR Net Profit (%) | 70.37 | 3,880.45 | 3,736.77 | 2,700.27 |
| P/E (x) | -9.68 | 0.00 | 0.00 | 0.00 |
| P/B (x) | 4.54 | 0.00 | 0.00 | 0.00 |
| EV/EBITDA (x) | -17.33 | 0.00 | 0.00 | 0.00 |
| P/S (x) | 5.18 | 0.00 | 0.00 | 0.00 |
Ola Electric Mobility Limited has informed the exchange regarding schedule of proposed participating in Investor / Analyst Meetings / Conferences. The company has also announced that it secures PLI certification for its Gen 3 Scooter Portfolio; profitability to get a boost from Q2 FY26 onwards.
With the stock currently trading among the top losers on the Nifty Midcap 150, investor sentiment remains bearish.
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!
