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:
OLECTRA's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.
Financial Ratios:
| currentRatio | 0.00000 |
|---|---|
| forwardPE | 28.35566 |
| debtToEquity | 32.54200 |
| earningsGrowth | 0.00200 |
| revenueGrowth | 0.28800 |
| grossMargins | 0.20547 |
| operatingMargins | 0.12107 |
| trailingEps | 17.46000 |
| forwardEps | 43.30000 |
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.
OLECTRA's forward EPS being higher than its trailing EPS suggests that the company is expected to generate stronger profits this year. This points to improving financial performance, with OLECTRA anticipated to deliver better earnings than it did in the prior year.
Recommendation changes over time:
Analysts have been favoring OLECTRA with a buy bias recently, signaling a promising investment opportunity. This optimistic outlook may attract more investors, positioning OLECTRA as a desirable option for those seeking to invest their money in a stable, profitable company with strong growth potential.
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