Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: Farm & Heavy Construction Machinery

Olectra Greentech Limited manufactures and sells electrical buses and trucks in India. It operates through Composite Polymer Insulators and E-Vehicle divisions. The company offers, operates, and maintains electric buses and tippers. It also provides 1200KV, 330-420KV, 220-245KV, 110-132KV, 52-77KV, 33-36KV, 22-28KV, and 10-15KV composite polymer insulators for transmission and distribution; and tonne, bracket tube, and stay arm insulators for railways. It serves state and central government bodies, and power generation and distribution corporations; private power generation companies; and multinational infrastructure companies. The company was formerly known as Goldstone Infratech Limited and changed its name to Olectra Greentech Limited in July 2018. Olectra Greentech Limited was incorporated in 2000 and is headquartered in Hyderabad, India.

Revenue projections:

Revenue projections for OLECTRA
Revenue projections for OLECTRA

OLECTRA is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.

Financial Ratios:

currentRatio 1.599000
forwardPE 22.849886
debtToEquity 32.542000
earningsGrowth 0.043000
revenueGrowth 0.254000
grossMargins 0.246570
operatingMargins 0.119480
trailingEps 17.410000
forwardEps 43.300000

OLECTRA's current ratio being 1.599 suggests that it has more than enough liquidity to cover short-term debt obligations. The company's cash reserves and current assets are sufficient to meet immediate liabilities, signaling solid financial health and minimal risk.
OLECTRA's Forward PE ratio is in a good range, reflecting a reasonable balance between stock price and earnings. The stock is not overpriced, leaving room for growth, which suggests potential for investors looking to capitalize on future value appreciation.
With OLECTRA's forward EPS higher than its trailing EPS, the company is expected to be more profitable in the current financial year. This signals confidence in OLECTRA's growth potential, as improved earnings are forecasted compared to the prior year's performance.

Recommendation changes over time:

Recommendations trend for OLECTRA
Recommendations trend for OLECTRA


A recent buy bias from analysts toward OLECTRA indicates strong confidence in the stock's future performance. This could encourage investors to park their money in OLECTRA, viewing it as a stable and potentially rewarding investment opportunity with promising long-term growth prospects.