Ola Electric Mobility Ltd.
NSE: OLAELECOla Electric Mobility Ltd.: A 30-second snapshot
Ola Electric Mobility (OLAELEC) is an EV two-wheeler manufacturer listed on the NSE, currently trading at Rs 35.68 — 49.92% below its 52-week high and 28.77% lower over the past year. The company carries a profit margin of -84.76%, debt-to-equity of 71.88, and has not generated positive free cash flow in any reported year, placing it at the pre-profitability stage of its growth arc.
P/E
—
Forward P/E
-10.6
ROE
—
Debt / Equity
71.88
Profit Margin
-84.8%
Div. Yield
—
5Y ROE > 15%
0/5
5Y FCF > 0
0/5
Quality
31/100
News
8 headlines · 2 positive · 1 negative
Ola Cell Technologies Private Limited announced that it expects to receive INR 5 billion in funding from Ola Electric Mobility Limited - marketscreener.com
marketscreener.com
Ola Electric Technologies Private Limited announced that it expects to receive INR 15 billion in funding from Ola Electric Mobility Limited - marketscreener.com
marketscreener.com
Ola Electric Mobility Says Board Approves Investment In Wholly Owned Subsidiaries OET And OCT - TradingView
TradingView
Ola Electric shares slump; is selling pressure building again? - Business Today
Business Today
Ola Electric Subsidiary Allots ₹127.64 Crore in Preference Shares to Fellow Unit - The Globe and Mail
The Globe and Mail
Recent context
- ·The board approved investments of Rs 500 crore into Ola Cell Technologies and Rs 1,500 crore into Ola Electric Technologies (wholly-owned subsidiaries) in May 2026, channelling capital into battery manufacturing and core EV technology infrastructure.
- ·A Business Today article dated 5 May 2026 noted selling pressure building in the shares, consistent with the stock's 12-month decline of 28.77% despite the subsequent 3-month recovery.
- ·Subsidiary preference share allotments and intra-group funding announcements dominated the 8-article news window; company-specific operational or sales-volume news was sparse in this period.
Strengths
- +Price has recovered 13.56% over the past 3 months and at Rs 35.68 now trades above the 50-DMA of Rs 31.14, indicating short-term momentum has shifted relative to the prior trough.
- +Recent news includes two subsidiary funding announcements totalling Rs 2,000 crore (Rs 500 crore to Ola Cell Technologies and Rs 1,500 crore to Ola Electric Technologies), signalling continued capital deployment into the battery and technology stack.
- +RSI of 53.15 sits in neutral territory, neither overbought nor oversold, suggesting the recent 3-month recovery has not yet reached extended levels.
- +Support levels cluster between Rs 30.46 and Rs 35.31, providing a technical reference band within 8% of the current price.
Weaknesses
- −Profit margin of -84.76% and zero FCF-positive years across available history indicate the company is operating well below breakeven; negative forward PE (-10.58) is consistent with continued losses projected ahead.
- −Debt-to-equity of 71.88 with a rising debt trend and a consistency score of 15/100 reflects a highly leveraged balance sheet with no demonstrated path to self-funded operations.
- −Stock is 49.92% below its 52-week high and trades below the 200-DMA (Rs 40.14), with a 12-month price decline of 28.77% — the long-term trend remains negative despite the recent 3-month recovery.
- −Quality score of 31 ranks 4th of 6 Auto sector peers, below EICHERMOT (60), BAJAJ-AUTO (55), M&M (52), and MARUTI (31 — equal); only TMPV scores lower at 16.
Open questions
- ?At what revenue scale or unit-economics threshold does the company's cost structure suggest a path toward operating breakeven, and how does the current trajectory compare to that threshold?
- ?Does the debt-to-equity of 71.88 reflect a deliberate capital structure for an early-stage manufacturer scaling production, or does it represent a structural constraint on future fundraising and operating flexibility?
- ?How does OLAELEC's market share trend in domestic EV two-wheelers compare to the pace of its cash consumption — and what does that imply about the relationship between growth and losses?
- ?The 3-month price recovery of 13.56% has moved the stock above the 50-DMA while the 200-DMA remains 12.5% higher at Rs 40.14 — what business or financial milestones would be required to close that gap on a sustained basis?
Peer comparison: Auto
Ranks 4 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| OLAELEC | Ola Electric Mobility Ltd.You're viewing | — | — | 31 |
| Industry avg | across 5 peers | 28.0 | +15.0% | 43 |
| EICHERMOT | Eicher Motors Ltd. | 36.1 | — | 60 |
| BAJAJ-AUTO | Bajaj Auto Ltd. | 27.0 | +28.1% | 55 |
| M&M | Mahindra & Mahindra Ltd. | 20.6 | +18.8% | 52 |
| MARUTI | Maruti Suzuki India Ltd. | 28.3 | +14.4% | 31 |
| TMPV | Tata Motors Passenger Vehicles Ltd. | — | -1.1% | 16 |
Technical state
Current price
₹35.68
SMA 50
₹31.14
SMA 200
₹40.14
RSI (14)
53.1 (neutral)
From 52w high
-49.9%
1Y return
-28.8%
3M return
+13.6%
50-DMA
Above
200-DMA
Below
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highProfit margin of -84.76% with zero FCF-positive years across available history indicates the company has not reached operating profitability. Forward PE is negative (-10.58), consistent with ongoing net losses.
- highDebt-to-equity of 71.88 with a rising debt trend and a consistency score of 15/100 signals extreme leverage against a business that has not demonstrated self-funded operations.
- highStock is down 28.77% over 12 months and 49.92% below its 52-week high. It trades below the 200-DMA (₹40.14 vs current ₹35.68), a sustained drawdown without a sector-level catalyst.
- mediumQuality score of 31 ranks 4th of 6 Auto sector peers. EICHERMOT (60), BAJAJ-AUTO (55), and M&M (52) score materially higher, placing OLAELEC near the bottom of the peer set on this composite metric.
- medium5-year revenue growth reported at -55%. With 8 analysts providing coverage and no aggregate mean rating available (rating field null), fundamental analyst consensus cannot be quantified for this run.
Cross-section contradictions
- Stock has recovered 13.56% over 3 months and now trades above the 50-DMA (31.14), yet remains 49.92% below the 52-week high and below the 200-DMA (40.14) — the short-term price recovery has not reversed the longer-term downtrend.
- News sentiment is neutral-to-positive (2 positive, 1 negative out of 8 articles) and recent headlines show Rs 2,000 crore in subsidiary funding commitments, yet the stock is down 28.77% over 12 months — price action has diverged from the recent newsflow direction.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 17 May 2026 · rotates through NIFTY 500 every ~5 days