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'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 1.59900
forwardPE 27.91686
debtToEquity 32.54200
earningsGrowth 0.04300
revenueGrowth 0.25400
grossMargins 0.24657
operatingMargins 0.11948
trailingEps 17.44000
forwardEps 0.00000

OLECTRA's current ratio being 1.599 suggests the company will have no issues paying off its short-term debt. With sufficient cash reserves and current assets, OLECTRA can easily cover its immediate liabilities, reflecting solid financial health.
Olectra Greentech Limited's Forward PE is well-positioned, indicating the stock price is favorable compared to its earnings. This suggests the stock is not overpriced and offers room for growth, making it an attractive option for investors looking for future value appreciation.

Recommendation changes over time:

Recommendations trend for OLECTRA
Recommendations trend for OLECTRA


The recent buy bias from analysts suggests OLECTRA is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, OLECTRA appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.