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

With Olectra Greentech Limited's revenues forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.

Financial Ratios:

currentRatio 1.636000
forwardPE 28.603493
debtToEquity 24.209000
earningsGrowth 0.534000
revenueGrowth 0.554000
grossMargins 0.247950
operatingMargins 0.104770
trailingEps 16.980000
forwardEps 0.000000

OLECTRA's current ratio of 1.636 indicates strong liquidity, meaning the company can comfortably meet its short-term debt obligations. This financial position reflects OLECTRA's ability to use its cash reserves and current assets to cover liabilities without facing any cash flow issues.
Olectra Greentech Limited's Forward PE ratio is favorable, meaning the stock price aligns well with earnings and isn't overvalued. This allows room for growth, making it an attractive investment for those seeking potential upside while ensuring the stock is not overpriced.
OLECTRA's low Debt-to-Equity ratio signals the company is not over-leveraged, meaning it has a conservative approach to debt. This reduces financial risk and indicates a stable financial foundation, providing flexibility and security, which can appeal to investors seeking lower-risk investments.
Positive earnings and revenue growth for OLECTRA suggest that the company is expected to grow its business. This trend reflects strong financial performance, with continued profitability and sales increases indicating a bright outlook for future expansion.

Recommendation changes over time:

Recommendations trend for OLECTRA
Recommendations trend for OLECTRA


Analysts are favoring OLECTRA with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider OLECTRA as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.