Olectra Greentech logo

Olectra Greentech share price

NSE: OLECTRABSE: 532439AutomobilesSmall Cap

Olectra Greentech Limited · Formerly Goldstone Infratech · Face value ₹4 · Listed Nov 2001 on BSE, Mar 2002 on NSE
Last close ₹979.00up ₹17.50 (1.82%)BSE ₹980.05

Share price at the NSE close on 27 Oct 2026. Previous close ₹961.50.

27 Oct: open ₹961.50, high ₹999.00, low ₹956.90

52-week range of traded prices to 27 Oct 2026
₹866.60Low, 16 Mar 2026₹1,573.80High, 31 Oct 2025
Market cap
₹8,036 Cr576th largest listed
P/E
45.22
P/B
6.55
Dividend yield
0.06%
ROE
15.6%
ROCE
18.7%
Debt to equity
0.31
Volume, NSE
2,99,52533.6% delivered

Olectra Greentech share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

−31.4%over a year · Nifty Smallcap 250 −2.3% · Nifty 500 −8.8%

ResultsDividend20-session average 3,00,884 shares a day, 43.4% delivered

About Olectra Greentech

Olectra Greentech Limited makes electric buses and composite polymer insulators in India. It was incorporated in 2000. Its registered office is in Hyderabad, Telangana. Its customers include State Transport Undertakings, government agencies and enterprises.

The company has two divisions. The Mobility division offers electric buses in 7-metre, 9-metre and 12-metre sizes, an electric coach and an electric tipper, for public and commercial transport. The Energy division offers composite polymer insulators for high-voltage transmission, railway and distribution applications, with ratings from 33kV to 800kV. Its range includes post insulators, distribution insulators and railway insulators.

The company has a deployed fleet of electric buses in cities across India. The Mobility division builds its vehicles at an integrated manufacturing facility on 150 acres in Telangana. The company also has in-house silicone rubber compounding and a dedicated research and testing laboratory for its insulator and fibre reinforced polymer products.

The company began with the Energy division and later expanded into the Mobility division, which marked its entry into electric mobility. It has also launched a Blade Battery platform for electric vehicles.

MEIL Holdings Limited is a promoter of the company and holds 50.02% of its equity share capital. A promoter is the person or group that set up a company or controls it. MEIL Holdings is itself a subsidiary of Megha Engineering & Infrastructures Limited, a multi-sector infrastructure company that is the ultimate holding company of Olectra.

Written from the annual report for the year to Mar 2026, filed 31 Aug 2026 and the investor presentation.

Sources for 28 statements, each with its page
  1. The company is incorporated and its CIN carries the year 2000. Annual report, page 4
  2. It makes electric buses and composite polymer insulators. Annual report, page 4
  3. Registered office is in Hyderabad, Telangana. Annual report, page 1
  4. Customers include State Transport Undertakings. Annual report, page 5
  5. Customers include government agencies and enterprises. Annual report, page 13
  6. Mobility division offers 7, 9 and 12 metre electric buses. Annual report, page 4
  7. Mobility division offers an electric coach. Annual report, page 6
  8. Mobility division offers an electric tipper. Annual report, page 6
  9. Mobility division serves public and commercial transportation segments. Annual report, page 6
  10. Energy division offers composite polymer insulators for transmission, railway and distribution. Annual report, page 6
  11. Insulator ratings up to 800kV. Annual report, page 6
  12. Insulator ratings from 33kV. Annual report, page 6
  13. Integrated manufacturing facility on 150 acres. Annual report, page 12
  14. The 150-acre facility is in Telangana. Investor presentation, page 7
  15. In-house silicone rubber compounding. Annual report, page 12
  16. Dedicated research and testing laboratory. Annual report, page 12
  17. Company expanded into the Mobility division, its entry into electric mobility. Annual report, page 8
  18. Company began with the Energy division. Annual report, page 8
  19. Launched a Blade Battery platform. Annual report, page 8
  20. MEIL Holdings holds 50.02% of equity share capital and is a promoter. Annual report, page 38
  21. MEIL is the holding company of MEIL Holdings. Annual report, page 38
  22. MEIL is a multi-sector infrastructure company. Annual report, page 38
  23. MEIL is the ultimate holding company. Annual report, page 36
  24. Range includes post insulators. Annual report, page 6
  25. Range includes distribution insulators. Annual report, page 6
  26. Range includes railway insulators. Annual report, page 6
  27. Deployed fleet of electric buses in cities across India. Annual report, page 7
  28. Presence across multiple cities. Annual report, page 7

Results

Standalone, as consolidated accounts are on record for only 8 of the last ten years; ₹ crore.Olectra Greentech quarterly results

Revenue growth, 12 months
+38.4%
Net profit growth, 12 months
+26.1%

Quarter to Jun 2026, against the quarter before

Revenue
₹567 Crdown 10.80%
Net profit
₹23 Crdown 54.16%
Net margin
4.1%

Revenue by quarter

₹514 CrSep 24₹507 CrDec 24₹438 CrMar 25₹338 CrJun 25₹647 CrSep 25₹654 CrDec 25₹635 CrMar 26₹567 CrJun 26
Peak revenue ₹654 Cr, quarter to Dec 2025; lowest ₹338 Cr, quarter to Jun 2025

Net profit by quarter, a loss in red

₹48 CrSep 24₹46 CrDec 24₹24 CrMar 25₹22 CrJun 25₹53 CrSep 25₹47 CrDec 25₹51 CrMar 26₹23 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue514507438338647654635567
Net profit4846242253475123
Net margin9.4%9.1%5.6%6.6%8.2%7.2%8.0%4.1%
Standalone. The last eight quarters. The latest is shaded.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Mobility Division₹1,987 Crup 22.50%85.9%
  • Energy Division₹325 Crup 80.69%14.1%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.Olectra Greentech PE ratio and valuation

Price to earnings

At or below today's level on 0.3% of 971 trading days over the last 5 years.

LowestHighest
Its median94.32Industry median19.21
Price to book

At or below today's level on 45% of 1,876 trading days since Nov 2018.

LowestHighest
Its median7.04Industry median3.19
Dividend yield

At or below today's level on 94% of 2,477 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median1.14%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−17.2%+23.9%−33.2%0.1%
3 years+16.0%+34.7%−13.9%0.0%
5 years+34.8%+69.8%−20.6%0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Olectra Greentech shareholding pattern

Shareholding by group

  • Promoters50.02%
  • Foreign institutions7.34%
  • Indian institutions0.60%
  • Individuals and others42.04%
Holder
MEIL HOLDINGS LIMITEDPromoter50.02%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions −0.61 pts, Indian institutions +0.03 pts, mutual funds +0.04 pts.

Mutual fund holdings

52 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 47 of the 49 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 52 funds holding Olectra Greentech

Added
17
Cut
32
Held unchanged
3
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Olectra Greentech competitors and peers

Automobiles, 27 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Olectra Greentech in market cap.Automobile companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Tata Motors Passenger Vehicles logoTata Motors Passenger VehiclesTMPV96,200–0.86−18.6%–––1.15%
Ather Energy logoAther EnergyATHERENERG66,391–15.49––−6.7%−6.5%0.00%
Force Motors logoForce MotorsFORCEMOT22,89418.295.46+8.4%+45.3%34.6%28.3%0.29%
Ola Electric Mobility logoOla Electric MobilityOLAELEC17,395––−49.2%–−41.0%−26.9%0.00%
Zelio E Mobility logoZelio E MobilityZELIO2,15775.9719.34––25.5%–0.00%
Landmark Cars logoLandmark CarsLANDMARK1,79439.923.07+20.7%+128.6%7.9%11.6%0.35%
Popular Vehicles and Services logoPopular Vehicles and ServicesPVSL693–1.10+25.2%–−0.4%5.1%0.00%
Mercury Ev-Tech logoMercury Ev-TechMERCURYEV636–2.29+4.2%––0.7%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Olectra Greentech dividend history

Dividend per share, ₹, restated for later splits and bonuses

Mar 17Mar 18Mar 19Mar 20Mar 210.4Mar 220.4Mar 230.4Mar 240.4Mar 250.6Mar 26
Highest ₹0.60 a share, year to Mar 2026.
Ex-dateTypePer share
18 Sep 2026Final₹0.60
19 Sep 2025Final₹0.40
19 Sep 2024Final₹0.40
21 Sep 2023Final₹0.40
20 Sep 2022Final₹0.40
20 Sep 2012Final₹0.20
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Olectra Greentech announcements

Olectra Greentech share price by year

Each calendar year to 2025.Olectra Greentech share price history

YearClose at year endChangeHighest closeLowest close
20251,199.00−17.1%1,671.001,016.30
20241,446.55+7.4%2,135.101,338.30
20231,346.80+172.1%1,395.15384.55
2022494.95−38.0%865.40466.80
2021798.00+487.8%910.30128.85
2020135.75−22.4%180.6043.60
2019175.00−25.2%265.65151.45
2018234.10+18.6%271.00139.65
2017197.45+639.5%229.8526.75
201626.70+38.7%29.9516.10
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
26 Oct 2026955.00970.30940.40961.50956.823,15,90837.9%
23 Oct 2026991.50993.30940.00955.70957.134,35,93738.7%
22 Oct 20261,000.001,008.60986.40990.80994.392,45,39642.6%
21 Oct 20261,050.001,051.701,000.101,006.501,013.433,91,36050.1%
19 Oct 20261,060.001,064.801,042.001,044.201,051.971,37,46448.5%
16 Oct 20261,062.301,073.101,050.501,066.301,064.561,66,30734.5%
15 Oct 20261,068.001,074.001,055.001,057.001,061.571,43,91043.4%
14 Oct 20261,070.001,076.501,060.001,069.601,069.631,93,36043.8%
13 Oct 20261,052.001,066.001,038.401,062.101,054.772,40,28342.3%
Prices in ₹ per share as traded, not adjusted.

Company details

Chairperson
VENKATA KRISHNA REDDY PURITIPATI
At the end of the quarter to Sep 2026
Managing director
MAHESH BABU SUBRAMANIAN
At the end of the quarter to Sep 2026
NSE symbol
OLECTRA
BSE code
532439
ISIN
INE260D01016
Industry
Automobiles
Former symbols
GOLDINFRA, GOLDTELE
CIN
L34100TG2000PLC035451
Corporate identity number, the registrar of companies' code for it
Incorporated
2000
Registered office
S - 22, 3rd floor, Technocrat Industrial Estate, Balanagar, Hyderabad 500037, Telangana
Share registrar
Aarthi Consultants Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments