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

OLECTRA's revenue projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.

Financial Ratios:

currentRatio 1.599000
forwardPE 22.849886
debtToEquity 32.542000
earningsGrowth 0.043000
revenueGrowth 0.254000
grossMargins 0.246570
operatingMargins 0.119480
trailingEps 17.410000
forwardEps 43.300000

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'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 exceeding its trailing EPS implies that the company is projected to be more profitable this year. This suggests an improvement in financial performance, with analysts expecting OLECTRA to generate stronger earnings compared to the previous financial year.

Recommendation changes over time:

Recommendations trend for OLECTRA
Recommendations trend for OLECTRA


Analysts have shown a buy bias for OLECTRA, signaling it as a strong investment choice. This positive outlook could motivate investors to allocate funds to OLECTRA, seeing it as a reliable and potentially profitable option, especially in an environment where the stock market is highly scrutinized.