Ola Electric shares fall 6.5%, stock among top losers on Nifty Midcap 150 today

Ola Electric shares experienced a significant decline in Thursday's trading session, with the stock falling 6.5% and identified as one of the top losers on the Nifty Midcap 150. At 10:30 am, other notable losers on the Nifty Midcap 150 included Emami, Tube Investment, 360 ONE WAM, and J. K. Cement.

Emami shares also saw a decrease, falling 1.4%, while Tube Investment shares declined by 1.28%. Similarly, 360 ONE WAM and J. K. Cement both experienced declines of 1.21% during the same period.

Ola Electric Financials

The financial performance of Ola Electric reveals the following trends based on consolidated quarterly data:

Consolidated Quarterly Data:

The revenue for Ola Electric has fluctuated over the past five quarters, with a high of Rs 1,644 Crore in June 2024 and a low of Rs 611 Crore in March 2025. Net profit has been negative throughout this period, with the largest loss recorded in March 2025 at -Rs 870 Crore. Similarly, the EPS has been negative, reflecting the company's losses per share.

Consolidated Yearly Data:

The annual revenue for Ola Electric has shown significant growth from 2022 to 2024, increasing from Rs 373.42 Crore to Rs 5,009.83 Crore. However, there was a decrease in revenue in 2025 to Rs 4,514.00 Crore. Net profit has remained negative, with losses increasing from -Rs 784.15 Crore in 2022 to -Rs 2,276.00 Crore in 2025. The EPS follows a similar trend, with increasing negative values.

Ola Electric Income Statement

The following table presents key figures from the consolidated income statement:

The sales figures show a decrease from Rs 5,009 Crore in March 2024 to Rs 4,514 Crore in March 2025. Total expenditure has increased significantly over the years, leading to a continuous net loss. The EBIT (Earnings Before Interest and Tax) remains negative, further indicating the company's struggle with profitability.

Ola Electric Cash Flow

The following table summarizes the cash flow from operating, investing, and financing activities:

The cash flow from operating activities has been consistently negative, indicating challenges in generating cash from its core business operations. Financing activities have been a major source of cash, which suggests the company relies heavily on external funding.

Ola Electric Balance Sheet

The balance sheet data provides an overview of the company's liabilities and assets:

Share capital has increased significantly from Rs 1,955 crore in 2023 to Rs 4,411 crore in 2025. Reserves and surplus improved to Rs 732 crore in 2025 from -Rs 2,909 crore in 2024.

Ola Electric Mobility Limited has informed the exchange regarding general communication to the shareholders dated August 16, 2025.

The stock's performance reflects bearish sentiment, as indicated by a recent Moneycontrol analysis.