AI Summary
✦ ClarthaOlectra Greentech is an Indian manufacturer and seller of electric buses, trucks, and composite polymer insulators. Its E-Vehicle segment drives growth through electric buses and tippers, while insulators serve transmission, distribution, and railway customers. Revenue grew 28.3% year-on-year, supported by accelerating electric-vehicle adoption and potential entry into electric trucks. However, the company’s declining margin trend raises questions about product mix, execution costs, and pricing. Profit growth reached 27.8%, broadly tracking revenue, but no ROE is disclosed. Debt-to-equity of 30.84 implies extreme leverage, which can materially inflate or distort ROE while increasing financial risk. At 64.1 times earnings, Olectra trades at a rich valuation against current growth, despite positive EV-sector sentiment. The investment case depends on converting electric-bus momentum and prospective truck sales into sustainable margins without further balance-sheet pressure.
Price Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
Analyst coverage unavailable
Fundamentals
Fundamentals institutional score is 100 using growth durability 100.0.
Valuation
Valuation institutional score is 76 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
No usable analyst target or recommendation data was available.
Technical Structure
Technicals institutional score is 88 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
Recent news flow is balanced or not decisive enough to tilt the tape. Based on 8 recent ticker-linked news items.
Signal Summary
Market intelligence remains Supportive. fundamentals and valuation provide support, while market sentiment remain considerations.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 2.7% above historical median. Valuation is declining — currently in the undervalued zone (z-score: 0). Confidence: 82%.
Live forward EPS implies next-12-month EPS of ₹43.30. Applying the stock's normalized valuation corridor produces a fair range of ₹2,403.15 to ₹3,215.46, with base value near ₹2,738.72 (+95.1% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹43.30
Forward P/E
32.4x
Base Fair Value
₹2,738.72
Fair Range
₹2,403.15 - ₹3,215.46
Upside To Base
+95.1%
Estimate Source
Live forward EPS
Growth Estimate
+164.1%
5Y Average
51.75
Current
64.97
Overvalued
74.26
Undervalued
55.50
5Y Average
—
Current
1202.91
Overvalued
1383.35
Undervalued
1022.47
5Y Average
9.36
Current
9.39
Overvalued
10.03
Undervalued
8.33
Peers & Comparison
Sector: Industrials · Theme: Electrical Components & Equipments
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
GRAPHITE INDIA LTD GRAPHITEElectrical Components & Equipments | +26.6% | 7.0% | 65.6x Fair | +8% vs avg | +34.6% |
ATLANTA ELECTRICALS LTD ATLANTAELEElectrical Components & Equipments | +48.0% | 10.9% | 54.7x Fair | -10% vs avg | +95.2% |
PRECISION WIRES INDIA LTD PRECWIREElectrical Components & Equipments | +67.1% | 2.9% | 48.0x Undervalued | -21% vs avg | +141.9% |
KSH INTERNATIONAL LIMITED KSHINTLElectrical Components & Equipments | +100.5% | 3.5% | 51.8x Fair | -14% vs avg | +153.7% |
KAYNES TECHNOLOGY IND LTD KAYNESElectrical Components & Equipments | +42.6% | 8.9% | 69.8x Premium | +15% vs avg | -35.7% |
DIAMOND POWER INFRA LTD DIACABSElectrical Components & Equipments | +108.5% | 8.3% | 119.1x Premium | +97% vs avg | +143.0% |
HEG LTD HEGElectrical Components & Equipments | +10.4% | 13.6% | 36.4x Undervalued | -40% vs avg | +32.9% |
V-GUARD IND LTD. VGUARDElectrical Components & Equipments | +23.5% | 5.8% | 39.0x Undervalued | -36% vs avg | -10.7% |
OLECTRA GREENTECH LIMITED trades in line with peers (65.0x vs avg 60.5x), reflecting a fair valuation within the Electrical Components & Equipments cohort. Peers include GRAPHITE INDIA LTD, ATLANTA ELECTRICALS LTD, PRECISION WIRES INDIA LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹635 CrMar 2026Latest net profit
₹51 CrMar 2026Latest EPS
₹6.16Mar 2026Net margin
16.0%Mar 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Mar 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 368 | 206 | 298 | 332 | 278 | 304 | 514 | 507 | 438 | 338 | 647 | 654 | 635 |
| Expenses + | 320 | 169 | 257 | 285 | 247 | 264 | 434 | 430 | 386 | 294 | 559 | 566 | 537 |
| Operating Profit | 48 | 37 | 41 | 47 | 31 | 41 | 80 | 77 | 52 | 44 | 88 | 89 | 99 |
| OPM % | 13% | 18% | 14% | 14% | 11% | 13% | 16% | 15% | 12% | 13% | 14% | 14% | 16% |
| Other Income + | 1 | 2 | 3 | 3 | 5 | 3 | 3 | 2 | 4 | 5 | 4 | 3 | 1 |
| Interest | 8 | 7 | 9 | 13 | 13 | 9 | 11 | 11 | 16 | 11 | 13 | 19 | 16 |
| Depreciation | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 8 | 8 | 9 | 9 | 11 |
| Profit before tax | 34 | 25 | 28 | 30 | 16 | 28 | 65 | 61 | 32 | 30 | 71 | 64 | 72 |
| Tax % | 19% | 25% | 25% | 26% | 26% | 26% | 26% | 24% | 25% | 26% | 26% | 26% | 30% |
| Net Profit + | 28 | 19 | 21 | 22 | 12 | 21 | 48 | 46 | 24 | 22 | 53 | 47 | 51 |
| EPS in Rs | 3.39 | 2.28 | 2.56 | 2.71 | 1.42 | 2.53 | 5.87 | 5.64 | 2.96 | 2.73 | 6.43 | 5.74 | 6.16 |
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
Board Meeting Intimation for Considering And Approving The Un-Audited Financial Results (Standalone & Consolidated) For The First Quarter Ended 30Th June, 2026.
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018