Is Olectra Greentech a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Olectra Greentech Ltd is a below average quality company .

Is Olectra Greentech undervalued or overvalued?

The key valuation ratios of Olectra Greentech Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Olectra Greentech share price return in the past 10 years?

Olectra Greentech Ltd share price has appreciated 60.3% annually (CAGR) over the past ten years.

Is Olectra Greentech a good buy now?

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.

Olectra Greentech Ltd - Stock Valuation and Financial Performance

Name: Olectra Greentech
Brand: Olectra Greentech

BSE: 532439 | NSE: OLECTRA | Automobiles-Trucks/Lcv | Small Cap

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Olectra Greentech Share Price

₹1,428.70 9.60 0.68%
as on 21-Nov'24 16:59

10 Year X-Ray of Olectra Greentech:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	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 ⓘ

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	60.3%	50.8%	19.5%	12.6%

Key Financial Parameters ⓘ

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

Recent Performance Summary

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%

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Latest Financials - Olectra Greentech Ltd.

	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

Management X-Ray of Olectra Greentech:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Olectra Greentech

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Price to Earnings

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Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Olectra Greentech

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

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%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

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

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

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

Finance Ratio

Standalone Basis Consolidated Basis

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 Ltd Stock News

Olectra Greentech Ltd FAQs

What is the share price of Olectra Greentech?

Company share prices are keep on changing according to the market conditions. The closing price of Olectra Greentech on 21-Nov-2024 16:59 is ₹1,428.7.

What is the market cap of Olectra Greentech?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Olectra Greentech stood at ₹11,648.1.

What is the P/E ratio of Olectra Greentech?

The latest P/E ratio of Olectra Greentech as of 21-Nov-2024 16:59 is 113.2.

What is the P/B ratio of Olectra Greentech?

The latest P/B ratio of Olectra Greentech as of 21-Nov-2024 16:59 is 11.83.

What is the 52-week high and low of Olectra Greentech?

The 52-week high of Olectra Greentech is ₹2,222 and the 52-week low is ₹1,178.

What is the TTM revenue of Olectra Greentech?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Olectra Greentech is ₹1,428 ( Cr.) .

About Olectra Greentech Ltd

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.