Ola Electric

  • Market Cap: Small Cap
  • Industry: Automobiles
  • ISIN: INE0LXG01040
  • NSEID: OLAELEC
  • BSEID: 544225
INR
31.36
-0.5 (-1.57%)
BSENSE

Feb 03

BSE+NSE Vol: 4.34 cr

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

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Comparison

Company
Score
Quality
Valuation
Financial
Technical
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VST Till. Tract.
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Escorts Kubota
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Action Const.Eq.
Olectra Greentec
Ather Energy
Ola Electric
Ajax Engineering

Why is Ola Electric Mobility Ltd ?

1
With a Operating Losses, the company has a Weak Long Term Fundamental Strength
  • Poor long term growth as Operating profit has grown by an annual rate -38.66% of over the last 5 years
  • Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of -5.96
2
The company has declared Negative results for the last 5 consecutive quarters
  • NET SALES(9M) At Rs 2,129.00 cr has Grown at -52.22%
  • PAT(9M) At Rs -1,716.00 cr has Grown at -52.22%
  • INTEREST(9M) At Rs 325.00 cr has Grown at 33.20%
3
Risky - Negative EBITDA
  • The stock is trading risky as compared to its average historical valuations
  • Over the past year, while the stock has generated a return of -56.81%, its profits have fallen by -43%
4
Reducing Promoter Confidence
  • Promoters have decreased their stake in the company by -2.19% over the previous quarter and currently hold 34.59% of the company
  • Promoters decreasing their stake may signify reduced confidence in the future of the business
5
Below par performance in long term as well as near term
  • Along with generating -56.81% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
stock-recommendationReal-Time Research Report

Verdict Report

How much should you sell?

  1. All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Automobiles)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Ola Electric for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
Ola Electric
-57.13%
-0.96
58.97%
Sensex
8.77%
0.77
11.41%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
31.00%
EBIT Growth (5y)
-38.66%
EBIT to Interest (avg)
-5.96
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0.04
Sales to Capital Employed (avg)
0.67
Tax Ratio
0
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
11.36%
ROCE (avg)
-47.32%
ROE (avg)
0
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
33
Price to Book Value
3.24
EV to EBIT
-6.36
EV to EBITDA
-8.93
EV to Capital Employed
3.14
EV to Sales
4.49
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-49.37%
ROE (Latest)
-52.51%
Loading Valuation Snapshot...
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Dow Theory
Bearish
Bearish
OBV
No Trend
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

4What is working for the Company
PBDIT(Q)

Highest at Rs -203.00 cr.

PBT LESS OI(Q)

Highest at Rs -484.00 cr.

PAT(Q)

Highest at Rs -418.00 cr.

EPS(Q)

Highest at Rs -0.95

-17What is not working for the Company
NET SALES(9M)

At Rs 2,129.00 cr has Grown at -52.22%

PAT(9M)

At Rs -1,716.00 cr has Grown at -52.22%

INTEREST(9M)

At Rs 325.00 cr has Grown at 33.20%

Loading Valuation Snapshot...

Here's what is working for Ola Electric

Operating Profit (PBDIT) - Quarterly
Highest at Rs -203.00 cr.
in the last five quarters
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (Rs Cr)

Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs -484.00 cr.
in the last five quarters
MOJO Watch
Near term PBT trend is positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly
Highest at Rs -418.00 cr.
in the last five quarters
MOJO Watch
Near term PAT trend is positive

PAT (Rs Cr)

Earnings per Share (EPS) - Quarterly
Highest at Rs -0.95
in the last five quarters
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (Rs)

Here's what is not working for Ola Electric

Net Sales - Quarterly
At Rs 690.00 cr has Fallen at -25.4% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 924.50 Cr
MOJO Watch
Near term sales trend is very negative

Net Sales (Rs Cr)

Interest - Nine Monthly
At Rs 325.00 cr has Grown at 33.20%
over preceding nine months period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)