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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:
Revenues for OLECTRA are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.
Financial Ratios:
| currentRatio | 0.00000 |
|---|---|
| forwardPE | 34.48961 |
| debtToEquity | 30.84100 |
| earningsGrowth | 1.64100 |
| revenueGrowth | 0.43300 |
| grossMargins | 0.20547 |
| operatingMargins | 0.13746 |
| trailingEps | 21.64000 |
| forwardEps | 43.30000 |
Olectra Greentech Limited's positive earnings and revenue growth suggest that the company is poised for business expansion. This financial strength indicates that Olectra Greentech Limited is expected to continue growing, with rising profits and sales contributing to its long-term success.
Olectra Greentech Limited's forward EPS surpasses its trailing EPS, indicating that the company is expected to be more profitable in the current financial year. This reflects growing confidence in Olectra Greentech Limited's earnings potential, suggesting stronger financial performance compared to the previous year.
Recommendation changes over time:
Analysts have maintained a buy bias for Olectra Greentech Limited, which could prompt investors to consider the stock as a viable investment. With this positive outlook, Olectra Greentech Limited is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.
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