Olectra Greentech Share Price Target 2025, 2030, 2040, 2050
Olectra Greentech Ltd (NSE: Olectra) was established in 2000 and has become an industry-leading producer of polymer composite insulators and electric buses. Headquartered in Hyderabad, it focuses its operations on two primary business segments: Electric Buses (87.5% of sales) and Polymer Composite Insulators (12%), which drive sustainable innovation within India.
This blog will discuss its Olectra Greentech share price targets as far as 25 years from now (2025 – 2050).
What is Olectra Greentech Ltd (NSE: OLECTRA)?
Olectra Greentech leads in electric buses: its product portfolio features V2, iX, X2, CX2, and E-Tipper models with ranges up to 300 km. As of FY23, 1,188 buses were in operation across India, while over 7,800 units had been ordered as part of major government projects, further cementing Olectra’s dominance in India’s electric bus market.
Olectra Greentech strategy to double sales every two years while improving localization within its supply chain requires expanding production at an ambitious rate. Thus, it is developing an ambitious 10,000-bus per year plant located on 150 hectares in Hyderabad.
Olectra Greentech collaborates with BYD on battery technology and invests heavily in research and development efforts that enhance quality and cost efficiency. Backed by government support and with 8,088 buses on order, Olectra stands poised to lead India’s green mobility revolution.
Fundamental Table
| Metric | Value |
|---|---|
| Market Cap | ₹11,866 Cr |
| Current Price | ₹1,447 |
| 52-Week High / Low | ₹2,222 / ₹1,327 |
| Stock P/E | 106 |
| Book Value | ₹120 |
| Dividend Yield | 0.03% |
| ROCE | 14.8% |
| ROE | 8.77% |
| Debt-to-Equity Ratio | 0.19 |
| Promoter Holding | 50.0% |
| EPS | ₹13.7 |
| PEG Ratio | 2.27 |
| Graham Number | ₹192 |
| Price-to-Book Value | 12.1 |
| Net Profit (FY23) | ₹114 Cr |
| Dividend Paid (FY23) | ₹3.28 Cr |
| Current Assets | ₹1,562 Cr |
| Current Liabilities | ₹989 Cr |
Key Metric Table
| Parameter | Value |
|---|---|
| Revenue (FY23) | ₹1,091 Cr |
| Revenue Growth (5-Year CAGR) | 47% |
| Profit Growth (5-Year CAGR) | 47% |
| Debt | ₹187 Cr |
| Operating Profit Margin | 14% |
| Compounded Sales Growth (10 Years) | 31% |
| Share Price CAGR (10 Years) | 59% |
| Working Capital Days | 151 |
| Cash Conversion Cycle | 86 |
Peer Comparisons
| Company Name | CMP (₹) | P/E | Market Cap (₹ Cr) | ROCE (%) | Dividend Yield (%) | Qtr Sales (₹ Cr) | Qtr Profit (₹ Cr) |
|---|---|---|---|---|---|---|---|
| Tata Motors | 740.15 | 8.14 | 2,72,421.33 | 20.11 | 0.41 | 1,01,450 | 3,450 |
| Ashok Leyland | 220.50 | 25.04 | 64,657.81 | 15.01 | 2.24 | 11,147.58 | 766.55 |
| Olectra Greentech | 1,446.55 | 105.70 | 11,866.42 | 14.79 | 0.03 | 523.67 | 47.65 |
| Force Motors | 6,512.50 | 18.04 | 8,594.24 | 23.82 | 0.31 | 1,941.33 | 135.05 |
| SML ISUZU | 1,402.40 | 16.50 | 2,032.06 | 23.62 | 1.14 | 549.71 | 21.80 |
| Period | Share Price (INR) |
|---|---|
| Before 1 Year | ₹1,384.55 |
| Before 6 Months | ₹1,749.55 |
| Before 5 Years | ₹135.75 |
| All-Time Max | ₹2,221.95 |
Today’s price of shares at OlectraGreentech reflects the most recent developments in the market, trading volumes, and developments in the EV sector. Government policies, orders, order wins, and quarterly earnings impact its performance.
Check Live Price Here:
The price of shares in Olectra Greentech in the coming days will be based on the mood of the market, global trends, and the sector’s development. Information about the government’s EV initiatives, order inflows, or trading patterns could affect the company’s performance.
Check live updates here:
| Price Type | Change |
|---|---|
| Maximum Target (₹) | +₹64.40 |
| Minimum Target (₹) | +₹25.13 |
OLECTRA Indicator Based Technical Analysis
NOTE!
Signals may differ across timeframes. If you’re planning to purchase OLECTRA and keep it for more than one week, it’s suggested that you choose signals from weekly and daily timeframes. For trading in the short term, signals that range from 5 minutes to 1-hour timeframes are better appropriate.
The estimated price target for Olectra Greentech by 2025 ranges from Rs1300 to Rs2000. This is based on promising growth prospects in the electrical automobile (EV) industry, growing demands for electric vehicles, and strategic partnerships, such as with BYD. The company’s strong demand book and expansion plan and emphasis on technology integration could improve profitability and revenue and drive the price up.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2025 | ₹1300 | ₹2000 |
| Month | Minimum Target (₹) | Maximum Target (₹) | Remarks |
|---|---|---|---|
| January | ₹1300 | ₹1800 | Initial growth, strong outlook. |
| February | ₹1700 | ₹2200 | Positive momentum, improving orders. |
| March | ₹1600 | ₹2100 | Slight correction expected. |
| April | ₹1700 | ₹2200 | Stable growth, consistent demand. |
| May | ₹1800 | ₹2300 | Strong sales expected. |
| June | ₹1900 | ₹2400 | Uptrend due to new projects. |
| July | ₹2000 | ₹2500 | Growth driven by new plant setup. |
| August | ₹2100 | ₹2600 | Market expansion gains traction. |
| September | ₹2200 | ₹2700 | Consistent demand from STUs. |
| October | ₹2300 | ₹2800 | Continued strong growth. |
| November | ₹2400 | ₹2900 | Anticipated peak performance. |
| December | ₹2500 | ₹3000 | End of year rally expected. |
Olectra Greentech has already marked its presence in the Indian market and internationally. According to the expected share price target, the company will aim to achieve share price targets between ₹1800 to ₹3500 on the high end by the year 2026. Given the electric buses buyout scenario with the company’s increasing market share, the projection seems reasonable. As Olectra is exposed to government initiatives, local manufacturing, and partnerships, the company will likely witness growing revenues, enhancing its visibility.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | ₹1800 | ₹3500 |
| Month | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| January | ₹1800 | ₹2300 |
| February | ₹1900 | ₹2400 |
| March | ₹2000 | ₹2500 |
| April | ₹2100 | ₹2600 |
| May | ₹2200 | ₹2700 |
| June | ₹2300 | ₹2800 |
| July | ₹2400 | ₹2900 |
| August | ₹2500 | ₹3000 |
| September | ₹2600 | ₹3100 |
| October | ₹2700 | ₹3200 |
| November | ₹2800 | ₹3300 |
| December | ₹2900 | ₹3500 |
In 2030, Olectra Greentech’s share price could be between Rs5000 and Rs8000. Its emphasis on electric buses and partnership with key partners such as BYD is expected to fuel the growth. When electric cars (EVs) become more popular, Olectra is well-positioned to take on a larger share in India’s green transportation sector. Continuous innovation, support from the government for EVs, and rising environmental awareness could result in a solid investment in the future.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2030 | ₹5000 | ₹8000 |
| Month | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| January | ₹5000 | ₹5700 |
| February | ₹5100 | ₹5800 |
| March | ₹5200 | ₹5900 |
| April | ₹5300 | ₹6000 |
| May | ₹5400 | ₹6100 |
| June | ₹5500 | ₹6200 |
| July | ₹5600 | ₹6300 |
| August | ₹5700 | ₹6400 |
| September | ₹5800 | ₹6500 |
| October | ₹5900 | ₹6600 |
| November | ₹6000 | ₹6700 |
| December | ₹6200 | ₹8000 |
In 2040, Olectra Greentech’s shares could be as high as Rs34,000 or higher. When electric vehicles and eco-friendly technology are the norm, Olectra Greentech will most likely play a role in India’s shift to electric transport. With the advancements in renewable energy, the government’s incentives, and an increased demand for cleaner transportation, Olectra will see massive growth. Its strong partnerships and continuous innovation will drive its success in the future, making it an essential participant in the new green revolution.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2040 | ₹20,000 | ₹34,000 |
| Month | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| January | ₹20,000 | ₹22,000 |
| February | ₹21,000 | ₹23,000 |
| March | ₹21,500 | ₹23,500 |
| April | ₹22,000 | ₹24,000 |
| May | ₹22,500 | ₹24,500 |
| June | ₹23,000 | ₹25,000 |
| July | ₹23,500 | ₹25,500 |
| August | ₹24,000 | ₹26,000 |
| September | ₹24,500 | ₹26,500 |
| October | ₹25,000 | ₹27,000 |
| November | ₹25,500 | ₹28,000 |
| December | ₹26,000 | ₹34,000 |
The Olectra shares will likely touch the price of rupees 69000. When the thing is that the world will completely move over to renewable sources of energy and electric transport, this is the point where Olectra will join the voyage. Electra is anticipated to take the lead in manufacturing superior electronic buses, smart grids, and plenty of other green technologies for that preservation. The reason why they will flourish massively is because the company has strong relationships within networks, with innovation and receiving assistance from the government. By being in an eco-friendly economy, which is more the call of the day, Olectra will become a significant company.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2050 | ₹52,000 | ₹69,000 |
| Month | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| January | ₹52,000 | ₹55,000 |
| February | ₹53,500 | ₹56,500 |
| March | ₹54,000 | ₹57,500 |
| April | ₹55,000 | ₹58,500 |
| May | ₹56,000 | ₹59,500 |
| June | ₹57,000 | ₹60,500 |
| July | ₹58,000 | ₹61,500 |
| August | ₹59,000 | ₹62,500 |
| September | ₹60,000 | ₹63,500 |
| October | ₹61,000 | ₹64,500 |
| November | ₹62,000 | ₹65,500 |
| December | ₹63,000 | ₹69,000 |
| Category | Percentage |
|---|---|
| Promoters | 50.02% |
| FIIs (Foreign Institutional Investors) | 5.64% |
| DIIs (Domestic Institutional Investors) | 0.28% |
| Public | 44.08% |
| No. of Shareholders | 5,01,280 |
- Promoters holdings remain unaffected at 50.02 percent in September 2024, qtr
- FII/FPI’s holdings have declined from 7.61 percent to 5.64 percent in September 2024, qtr
- The number of investors in FII/FPI decreased between 103 and 101 September 2024 Qtr
- Mutual Funds have increased holdings from 0.14 percent to 0.18 percent in the Sep 2024 quarter.
- The number of MF schemes increased by 12 from 9 during September 2024.
- Institutional Investors have seen their holdings decrease from 7.80 percent to 5.92 percent in the Sep 2024.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2025 | ₹1300 | ₹2000 |
| 2026 | ₹1800 | ₹3500 |
| 2030 | ₹5000 | ₹8000 |
| 2040 | ₹20000 | ₹34000 |
| 2050 | ₹52000 | ₹69000 |
The price of shares at Olectra Greentech will likely significantly increase over the coming years. The price in 2025 may range from $1300 to 2000, and a rise in 2026 could reach Rs1800-3500. In 2030, the cost will likely be in the range of Rs5000-Rs8000. If we look further into the future, by 2040, prices could rise to as high as Rs20000-Rs34000, and in 2050, the cost could be as high as Rs52000 to Rs69000. This indicates a highly long-term growth potential.
Should I Buy Olectra Greentech Stock?
Olectra Greentech offers significant growth prospects for the electric bus market, with a market value of 11,866 Cr. and promising government initiatives. However, its P/E ratio 106 indicates it is undervalued, and its modest ROE of 8.77 percent suggests room for growth. Although the sector’s electric vehicle expansion is encouraging, competitors from Tata Motors and Ashok Leyland could pose risks. The long-term investor could gain. However, caution is recommended for short-term gain.
Olectra Greentech Ltd Earning Results
The earnings of Olectra Greentech Ltd demonstrate constant improvement. In Sep 2024, sales reached Rs352 Cr. with an operating margin (OPM) of 15 15%. The net profit stood at Rs26 crore. While EPS was Rs3.10. Comparatively, to December 2023, sales increased slightly from the previous year’s Rs342 crore. And net profits were steady at Rs27 crore. The business has seen a rise in profitability. However, expenses and taxes affect margins. Investors must keep an eye on the future to sustain growth.
| Quarter | Sales (₹ Cr.) | Expenses (₹ Cr.) | Operating Profit (₹ Cr.) | OPM (%) | Other Income (₹ Cr.) | Interest (₹ Cr.) | Depreciation (₹ Cr.) | PBT (₹ Cr.) | Tax (%) | Net Profit (₹ Cr.) | EPS (₹) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sep 2024 | 352 | 300 | 52 | 15% | 6 | 12 | 10 | 34 | 22% | 26 | 3.10 |
| Dec 2023 | 342 | 293 | 49 | 14% | 7 | 13 | 9 | 34 | 20% | 27 | 3.29 |
| Sep 2023 | 307 | 267 | 41 | 13% | 5 | 10 | 9 | 27 | 30% | 19 | 2.20 |
| Mar 2023 | 376 | 326 | 50 | 13% | 2 | 8 | 9 | 35 | 22% | 28 | 3.29 |
| Jun 2023 | 216 | 176 | 40 | 19% | 1 | 7 | 9 | 25 | 28% | 18 | 2.20 |
| Mar 2022 | 271 | 239 | 32 | 12% | 4 | 4 | 8 | 24 | 26% | 18 | 2.16 |
| Dec 2022 | 256 | 221 | 35 | 14% | 2 | 8 | 8 | 20 | 25% | 15 | 1.75 |
| Dec 2021 | 208 | 180 | 29 | 14% | 2 | 2 | 7 | 21 | 39% | 13 | 1.54 |
| Jun 2022 | 281 | 245 | 36 | 13% | 3 | 8 | 8 | 23 | 27% | 17 | 2.03 |
| Sep 2022 | 177 | 157 | 20 | 11% | 6 | 7 | 8 | 11 | 33% | 7 | 0.92 |
| Sep 2021 | 71 | 56 | 15 | 21% | -1 | 1 | 7 | 6 | 37% | 4 | 0.44 |
Expert Forecasts on the Future of Olectra Greentech Ltd
Olectra Greentech continues to demonstrate promise shortly. Thanks to its strong financial growth through 2024, which included substantial profits and sales, the company is an impressive rival in the electric car market. Its focus on electric vehicles and partnerships with firms like BYD boosts its position in the market. This is in line with the increasing trend toward more sustainable transportation solutions.
Is Olectra Greentech Stock to Good Buy? (Bull vs. Bear Case)
When evaluating Olectra stock, it’s essential to consider its potential strengths and challenges. Here’s a look at the bull and bear cases:
Bullish Case:
- Olectra is the leader in producing electric buses and has an increasing market share in India.
- In Q2 FY24, Olectra reported Rs352 Cr. in revenue and earned Rs26 Cr. in net profits.
- Businesses benefit from government green initiatives. Transport.
- Olectra’s partnership with BYD enhances the EV technology and supply of batteries.
- As the need for sustainable transportation grows, Olectra is well-positioned to expand.
Bearish Case:
- Olectra has a debt of 187 cr. that could hurt future stability in financial markets.
- Operating margins have maintained around 15%, suggesting a limited growth in profitability.
- The space for EVs is very competitive with big players such as Tata Motors and Ashok Leyland.
- Price volatility in stocks could create long-term dangers for investors.
- Economic slowdowns or policies can affect the development trajectory.
Conclusion
Olectra Greentech has promise for growth, mainly due to its emphasis on electric vehicles and green transport. It benefits from federal assistance, solid partnerships, and a growing demand for EVs. However, worries about the enormous debt load and its competitiveness within the EV market continue to linger. The forecast for 2025 is that Olectra might expect moderate growth, with its price expected to increase in value when EV use increases.
In 2030, Olectra’s electric vehicle market share could increase significantly. Beyond 2040, the company’s ongoing focus on research and development and government initiatives will position the company for strong, sustainable growth. That makes it an ideal investment.
✔ Tesla Stock Price Prediction 2025, 2026, 2030, 2040, 2050
FAQs
I specialize in stock price predictions and analysis on Share Price Target, offering accurate share price targets for upcoming years. My goal is to provide investors with valuable insights and forecasts to help them make informed decisions in the share market.
