More about Olectra Greentech Limited
Fundamentals for Olectra Greentech Limited
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Fundamentals for Olectra Greentech Limited
Business Operations:
Sector: IndustrialsIndustry: 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:
With OLECTRA's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.
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 Greentech Limited's current ratio, being 1.599, demonstrates that the company has the liquidity necessary to service its short-term debt. With strong cash reserves and current assets, Olectra Greentech Limited is well-equipped to meet its immediate financial obligations without any difficulties.
OLECTRA's Forward PE is positioned well, reflecting a favorable balance between stock price and earnings. The stock isn't overpriced, offering room for growth and making it a potentially rewarding investment as its value has room to rise further.
Olectra Greentech Limited's forward EPS exceeding its trailing EPS reflects expectations of increased profitability for the current year. This suggests that the company is projected to achieve higher earnings than in the previous financial year, signaling positive growth and improved financial health.
Recommendation changes over time:
Analysts have shown a buy bias for OLECTRA, marking it as a favorable investment option. This could inspire investors to see OLECTRA as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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