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

The projected decline in Olectra Greentech Limited's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.

Financial Ratios:

currentRatio 1.636000
forwardPE 35.142143
debtToEquity 24.209000
earningsGrowth 0.534000
revenueGrowth 0.554000
grossMargins 0.247950
operatingMargins 0.104770
trailingEps 16.930000
forwardEps 0.000000

OLECTRA's current ratio, being 1.636, means the company is well-positioned to meet its short-term debt obligations. This reflects OLECTRA's strong liquidity, as its cash reserves and current assets provide more than enough coverage for its immediate liabilities.
OLECTRA's low Debt-to-Equity ratio means it is not excessively leveraged, implying a reduced financial risk profile. This suggests OLECTRA maintains a well-balanced financial structure, with more emphasis on equity than debt, ensuring greater flexibility and long-term stability.
Positive earnings and revenue growth for Olectra Greentech Limited point to expected business expansion. The company is projected to continue growing its operations, as increasing profits and sales highlight a strong trajectory for further growth in the future.

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.