BSE: 532439 | NSE: OLECTRA | Automobiles-Trucks/Lcv | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Olectra Greentech Ltd is a below average quality company.
The key valuation ratios of Olectra Greentech Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Olectra Greentech Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 10.2% | 10.9% | 14.1% | 9% | -1.4% | 4.2% | 2.4% | 7.7% | 13.3% | 14.8% | - |
| Value Creation Index ⓘ | -0.3 | -0.2 | 0.0 | -0.4 | -1.1 | -0.7 | -0.8 | -0.4 | -0.1 | 0.1 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 92.2 | 93 | 105 | 161 | 170 | 201 | 281 | 593 | 1,091 | 1,154 | 1,469 |
| Sales YoY Gr. | - | 0.9% | 12.8% | 54% | 5.3% | 17.9% | 40.3% | 110.8% | 83.9% | 5.8% | - |
| Adj EPS ⓘ | 1.4 | 1.8 | 2.3 | 1.7 | -2 | -0 | 0.9 | 4.4 | 7.9 | 9.1 | 13.7 |
| YoY Gr. | - | 25% | 33.1% | -29.2% | -220.6% | NA | NA | 377.4% | 78.8% | 14.9% | - |
| BVPS (₹) ⓘ | 22.3 | 23.9 | 18.4 | 37.4 | 82.9 | 84.4 | 90.2 | 94.7 | 102.3 | 111.3 | 119.6 |
| Adj Net Profit ⓘ | 5.1 | 6.3 | 8.4 | 8.3 | -15.8 | -0.4 | 7.6 | 36.5 | 65.1 | 74.9 | 112 |
| Cash Flow from Ops. ⓘ | 0 | -14.1 | -8.7 | -107 | -130 | -219 | 209 | 121 | -10.3 | 143 | - |
| Debt/CF from Ops. ⓘ | 876279.1 | -3.5 | -7.5 | -0.7 | -0.2 | -0.1 | 0 | 0.6 | -13 | 0.8 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 32.4% | 46.7% | 60.1% | 5.8% | ||||
| Adj EPS ⓘ | 23.2% | NA | 114% | 14.9% | ||||
| BVPSⓘ | 19.6% | 6.1% | 7.2% | 8.8% | ||||
| Share Price | 60% | 50.3% | 18.8% | 10.7% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 6.5 | 7.6 | 11.1 | 6.3 | -3.5 | -0.1 | 1 | 4.8 | 8.1 | 8.5 | 11.9 |
| Op. Profit Mgn % ⓘ | 18.1 | 19.8 | 19.2 | 8.6 | -8.9 | 2.5 | 7.2 | 14.3 | 12.2 | 14.1 | 14.2 |
| Net Profit Mgn % ⓘ | 5.5 | 6.8 | 8 | 5.1 | -9.3 | -0.2 | 2.7 | 6.2 | 6.1 | 6.6 | 7.7 |
| Debt to Equity ⓘ | 0.5 | 0.6 | 1 | 0.4 | 0 | 0 | 0 | 0.1 | 0.2 | 0.1 | 0 |
| Working Cap Days ⓘ | 194 | 228 | 232 | 319 | 675 | 1,038 | 824 | 372 | 283 | 321 | 157 |
| Cash Conv. Cycle ⓘ | 83 | 103 | 123 | 182 | 231 | 303 | 272 | 89 | 65 | 87 | 67 |
Return on Equity has increased versus last 3 years average to 11.80%
Sales growth is growing at healthy rate in last 3 years 60.07%
Net Profit is growing at healthy rate in last 3 years 114.04%
Sales growth is good in last 4 quarters at 31.52%
No data to display
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 12.5 | 13.7 |
| TTM Sales (₹ Cr.) | 1,428 | 1,469 |
| BVPS (₹.) ⓘ | 120 | 119.6 |
| Reserves (₹ Cr.) ⓘ | 952 | 949 |
| P/BV ⓘ | 11.83 | 11.86 |
| PE ⓘ | 113.20 | 103.76 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 1178.00 / 2222.00 |
| All Time Low / High (₹) | 3.10 / 2222.00 |
| Market Cap (₹ Cr.) | 11,648 |
| Equity (₹ Cr.) | 32.8 |
| Face Value (₹) | 4 |
| Industry PE ⓘ | 29.3 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 92 | 93 | 105 | 161 | 170 | 201 | 281 | 593 | 1,091 | 1,154 |
| Operating Expenses ⓘ | 75 | 75 | 85 | 148 | 185 | 195 | 261 | 509 | 958 | 991 |
| Manufacturing Costs | 5 | 4 | 5 | 5 | 8 | 30 | 33 | 24 | 40 | 58 |
| Material Costs | 58 | 57 | 66 | 111 | 128 | 108 | 179 | 422 | 819 | 824 |
| Employee Cost | 8 | 9 | 10 | 16 | 26 | 32 | 30 | 33 | 53 | 69 |
| Other Costs ⓘ | 4 | 5 | 4 | 16 | 23 | 26 | 19 | 29 | 46 | 39 |
| Operating Profit ⓘ | 17 | 18 | 20 | 14 | -15 | 5 | 20 | 85 | 133 | 163 |
| Operating Profit Margin (%) | 18.1% | 19.8% | 19.2% | 8.6% | -8.9% | 2.5% | 7.2% | 14.3% | 12.2% | 14.1% |
| Other Income ⓘ | 1 | 2 | 1 | 7 | 15 | 24 | 11 | 8 | 19 | 14 |
| Interest ⓘ | 6 | 6 | 6 | 6 | 15 | 14 | 8 | 9 | 31 | 43 |
| Depreciation ⓘ | 6 | 5 | 2 | 3 | 7 | 18 | 13 | 29 | 33 | 37 |
| Exceptional Items ⓘ | 0 | -1 | 0 | 0 | 0 | 19 | 0 | -3 | 0 | 0 |
| Profit Before Tax ⓘ | 6 | 8 | 13 | 12 | -22 | 17 | 11 | 52 | 89 | 106 |
| Tax ⓘ | 2 | 2 | 5 | 3 | -6 | 4 | 3 | 17 | 23 | 27 |
| Profit After Tax | 5 | 6 | 8 | 9 | -16 | 14 | 8 | 35 | 67 | 79 |
| PAT Margin (%) | 5.3% | 6.2% | 8.0% | 5.5% | -9.3% | 6.7% | 2.9% | 6.0% | 6.1% | 6.8% |
| Adjusted EPS (₹) | 1.4 | 1.6 | 2.3 | 1.8 | -2.0 | 1.7 | 1.0 | 4.3 | 8.0 | 9.4 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 9% | 5% | 4% |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 80 | 86 | 66 | 188 | 658 | 693 | 741 | 777 | 840 | 913 |
| Share Capital ⓘ | 14 | 14 | 14 | 20 | 32 | 33 | 33 | 33 | 33 | 33 |
| Reserves ⓘ | 66 | 72 | 52 | 167 | 626 | 660 | 708 | 744 | 807 | 881 |
| Minority Interest | 0 | 0 | 0 | 0 | -0 | 0 | -0 | 0 | 1 | 3 |
| Debt | 40 | 50 | 64 | 71 | 23 | 22 | 8 | 66 | 129 | 121 |
| Long Term Debt | 13 | 27 | 4 | 10 | 3 | 3 | 4 | 52 | 9 | 9 |
| Short Term Debt | 26 | 22 | 60 | 62 | 20 | 19 | 4 | 14 | 119 | 112 |
| Trade Payables | 23 | 19 | 13 | 27 | 119 | 190 | 139 | 272 | 438 | 389 |
| Others Liabilities ⓘ | 21 | 19 | 15 | 25 | 53 | 69 | 39 | 75 | 149 | 162 |
| Total Liabilities ⓘ | 164 | 174 | 158 | 311 | 853 | 973 | 927 | 1,190 | 1,557 | 1,589 |
Fixed Assets | ||||||||||
| Gross Block | 99 | 101 | 63 | 77 | 185 | 176 | 326 | 389 | 453 | 464 |
| Accumulated Depreciation | 20 | 26 | 2 | 6 | 12 | 25 | 37 | 64 | 97 | 134 |
| Net Fixed Assetsⓘ | 79 | 76 | 61 | 72 | 173 | 151 | 290 | 325 | 356 | 330 |
| CWIP ⓘ | 19 | 19 | 11 | 6 | 0 | 0 | 0 | 3 | 4 | 72 |
| Investmentsⓘ | 0 | 0 | 0 | 0 | 102 | 0 | 0 | 0 | 2 | 11 |
| Inventories | 17 | 17 | 23 | 63 | 112 | 81 | 62 | 59 | 142 | 216 |
| Trade Receivables | 35 | 45 | 36 | 88 | 91 | 362 | 264 | 366 | 630 | 513 |
| Cash Equivalents | 9 | 9 | 11 | 22 | 160 | 99 | 89 | 199 | 167 | 175 |
| Others Assetsⓘ | 5 | 9 | 16 | 60 | 215 | 281 | 222 | 239 | 256 | 271 |
| Total Assets ⓘ | 164 | 174 | 158 | 311 | 853 | 973 | 927 | 1,190 | 1,557 | 1,589 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 0 | -14 | -9 | -107 | -130 | -219 | 209 | 121 | -10 | 143 |
| PBT ⓘ | 0 | 8 | 13 | 12 | -22 | 17 | 11 | 52 | 89 | 106 |
| Adjustment ⓘ | 0 | -1 | 7 | 7 | 7 | -12 | 10 | 33 | 55 | 71 |
| Changes in Working Capital ⓘ | -0 | -18 | -25 | -120 | -113 | -221 | 190 | 38 | -137 | -6 |
| Tax Paid ⓘ | 0 | -3 | -4 | -6 | -2 | -2 | -2 | -2 | -18 | -28 |
| Cash Flow From Investing Activity ⓘ | 0 | 5 | -6 | -19 | -307 | 199 | -177 | -164 | -38 | -86 |
| Capex | 0 | 3 | -5 | -9 | -101 | 12 | -160 | -68 | -65 | -79 |
| Net Investments | 0 | 0 | -2 | -11 | -118 | 43 | -28 | -103 | 17 | -16 |
| Others ⓘ | 0 | 2 | 1 | 1 | -88 | 145 | 11 | 7 | 9 | 9 |
| Cash Flow From Financing Activityⓘ | 0 | 10 | 15 | 126 | 457 | 0 | -22 | 50 | 35 | -56 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 124 | 521 | 16 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 14 | 1 | 6 | -6 | -1 | 1 | 48 | -43 | 0 |
| Interest Paid ⓘ | 0 | 0 | -6 | -6 | -15 | -14 | -8 | -9 | -31 | -43 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | -5 | 20 | 3 | -42 | -1 | -15 | 11 | 109 | -13 |
| Net Cash Flow ⓘ | 0 | 0 | 0 | 0 | 20 | -19 | 10 | 7 | -13 | 1 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 6.29 | 6.96 | 11.05 | 7.01 | -3.74 | 2 | 1.13 | 4.66 | 8.27 | 8.97 |
| ROCE (%) | 10.15 | 10.88 | 14.13 | 8.97 | -1.41 | 4.22 | 2.44 | 7.73 | 13.3 | 14.83 |
| Asset Turnover Ratio | 0.62 | 0.6 | 0.69 | 0.7 | 0.29 | 0.22 | 0.3 | 0.56 | 0.79 | 0.73 |
| PAT to CFO Conversion(x) | 0 | -2.33 | -1.13 | -11.89 | N/A | -15.64 | 26.13 | 3.46 | -0.15 | 1.81 | Working Capital Days |
| Receivable Days | 111 | 142 | 129 | 138 | 192 | 412 | 406 | 194 | 167 | 181 |
| Inventory Days | 64 | 60 | 64 | 96 | 188 | 176 | 93 | 37 | 34 | 57 |
| Payable Days | 123 | 134 | 89 | 66 | 209 | 524 | 336 | 178 | 158 | 183 |
Olectra Greentech Limited (Formerly known as Goldstone Infratech Limited) is a Public Limited Company incorporated in India, having its registered office at Hyderabad, India. It was founded in 1992 in Hyderabad with major interests in Electric Buses, Composite Insulators, Amorphous core-distribution transformers, Data Analysis and IT consulting.
The company name has been changed from Goldstone Teleservices Limited to Goldstone Infratech limited in February 2008. Later on the company changed its name to “Olectra Greentech Limited” from “Goldstone Infratech Limited” effective from July 06, 2018, after obtaining the approval of Shareholders by way of passing of Special Resolution, through postal ballot.
The company is currently traded on the Bombay Stock Exchange (BSE), the National Stock Exchange (NSE). It is an ISO-9001:2008 certified company and its R & D Center is recognized by the Department of Scientific and Industrial Research, Govt. of India.
Business area of the company
The company is primarily engaged in the manufacturing of composite polymer insulators and electrical buses. It is a market leader through creative technologies and commitment to excellence. It is the largest manufacturer and suppliers of Composite Insulators in India. Composite Insulators are well used across the globe as a significant technology breakthrough.
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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