Inve India ▾

Ola Electric Mobility share price & results

Ola Electric Mobility Limited· Automobile and Auto Components· Consumer Discretionary

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

India's largest EV two-wheeler maker, vertically integrated into in-house lithium-ion cell manufacturing.

Company research is public. Sign in to keep your own companies, notes and cases.

Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue455 ₹ crore−45.0% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin-36.0 %−7.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit-336 ₹ crore—Quarterly, as filedQuarter to Jun 2026Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown.
Return on equity-40.99 %+0.6 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-66.22 %+8.4 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)-49.16 %−40.2 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

8 of 12 judged targets kept · 15 open · verdicts reflect calls analysed to Q1 FY27.

Ola Electric Mobility Limited management guidance track record on Inve: 27 targets tracked across analysed earnings calls (8 achieved, 4 missed, 15 open).

TargetOriginal wordingSaidLatest callVerdict
Quarterly Orders40,000 to 45,000 units
Call transcript, Q4 FY26 · 20 May 2026		Q4 FY26Q1 FY27:Achieved approximately 44,000 orders in Q1 FY27, meeting the guided range.
Call transcript, Q1 FY27 · 7 Aug 2026		Achieved
Consolidated Revenue₹500 to ₹550 crores
Call transcript, Q4 FY26 · 20 May 2026		Q4 FY26Q1 FY27:Reported Auto revenue of ₹455 crore with negligible contribution from other segments. This missed the consolidated revenue guidance of ₹500-550 crore.
Call transcript, Q1 FY27 · 7 Aug 2026		Missed
Gigafactory Capacity5 GWh (Phase 1B), then 6.4 GWh
Call transcript, Q1 FY25 · 14 Aug 2024		Q1 FY25Q1 FY27:Target of 6 GWh by June 2026 missed. Management now expects the Gigafactory to be operational at 6 GWh by September 2026 (end of Q2 FY27).
Call transcript, Q1 FY27 · 7 Aug 2026		Delayed

Source: Inve Guidance Tracker for Ola Electric Mobility Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

4 of Ola Electric Mobility Limited's 27 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 24 more targets are in the full ledger.

Free account: 5 full ledgers a month and one Inve Case. Pro opens 100 a month, ₹499.
See the full record

Price

₹34.8 +16.23% · +₹4.86

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −34.1% 1Y

₹30.0₹40.0₹50.0Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 6 Nov 2025Q3 FY26 — 13 Feb 2026Q4 FY26 — 20 May 2026Q1 FY27 — 7 Aug 2026

1Y: ₹52.82 on 24 Oct 2025 → ₹34.8. High ₹52.82 (24 Oct 2025), low ₹22.8 (30 Mar 2026).

Previous close
₹29.94
Market cap
₹15.0k Cr
52-week range
₹22.8 – ₹51.68
One year
−32.66%
Return on equity (TTM to Jun 2026)
-40.99%

Overview

Symbol
NSE:OLAELEC
Industry
Consumer Discretionary
Exchange
NSE
Currency
INR

What Ola Electric Mobility Limited does

Based on the company's own presentations, annual report and earnings calls.

Ola Electric designs, manufactures and sells electric scooters (S1 family) and electric motorcycles (Roadster family) in India through a direct-to-consumer model, earning primarily from vehicle sales. It has vertically integrated backward into battery cells through its own Gigafactory, initially to supply its own vehicles and, over time, external cell and energy-storage customers under the Shakti and Mahashakti brands. Vehicles run on its proprietary MoveOS software platform, which enables over-the-air feature updates. Manufacturing takes place at the Ola Futurefactory in Krishnagiri, Tamil Nadu, alongside the Gigafactory and Battery Innovation Centre on the same EV Hub campus.

Segments

  • Automotive
  • Cell
Futurefactory installed capacity
1 million vehicles/year, scalable to 4 million
Cumulative electric vehicles sold
950,000+ (S1 scooters on Indian roads)
Combined sales & service touchpoints
4,000+ across India
Charging points
1,000+
Gigafactory (cell) operational capacity
2.5 GWh, with installation to 6 GWh largely complete
Patents granted
222 (as of June 2025)
Founded 2017Headquarters Bengaluru, Karnataka, India Company website

How the price took the results

close before → close after

Q1 FY27
−0.9%
7 Aug
Q4 FY26
+1.0%
20 May
Q3 FY26
−0.3%
13 Feb
Q2 FY26
−5.0%
6 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Your own record

Start an Inve Case for Ola Electric Mobility Limited

Free account: one company. Everything above stays public.

Write why you follow Ola Electric Mobility Limited and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.

What an account adds

Keep reading

Other Automobile and Auto Components companies

All Automobile and Auto Components companies → · Automobile and Auto Components earnings growth →

Learn to analyse Ola Electric Mobility Limited

Guides on how to read this kind of business and the numbers that matter.