Q4 2026 Olectra Greentech Ltd Earnings Call Transcript
Key Points
- Olectra Greentech Ltd (BOM:532439) reported a 30% increase in revenue, reaching INR2,312 crores for the first time.
- The company achieved a 32% growth in vehicle deliveries, with 1,280 units delivered in FY26.
- EBITDA increased to INR352 crores, maintaining a healthy margin above 15%.
- Olectra Greentech Ltd has a strong order book, including 1,085 vehicles, and is investing in new platforms for buses and trucks.
- The company is developing next-generation platforms with capabilities for megawatt charging and battery swapping, ensuring future readiness.
- Supply chain issues, including geopolitical tensions and raw material shortages, have impacted production capabilities.
- The company faces challenges in ramping up production due to ongoing geopolitical issues affecting shipping and raw material availability.
- Olectra Greentech Ltd's ability to meet its FY27 target of 2,500 vehicles is contingent on external factors beyond its control.
- The company has not yet secured significant orders from private fleet operators, with most orders coming from state transport undertakings.
- Margins are subject to fluctuations based on product mix, and maintaining high margins may be challenging as the company scales.
Ladies and gentlemen, good day, and welcome to Olectra Greentech Limited Q4 and FY26 earnings conference call hosted by Nomura. (Operator Instructions)
I now hand the conference over to Ms. Tisha Mandavia from Nomura. Thank you, and over to you, ma'am.
Yes. Thanks. Good evening, everybody, and thanks for joining the call. We have with us Olectra Greentech's management, Mr. Mahesh Babu, the Managing Director; Mr. B. Sharat Chandra, CFO; and Mr. Hanuman Prasad, Company Secretary and Legal with us to address your queries.
So I will now pass on to the management for their initial opening remarks, and then we can open the floor for question and answers. Over to you, sir.
So good morning, investors. Ladies and gentlemen, my name is Mahesh Babu. I'm a Managing Director of Olectra Greentech Limited. I'll give a small brief about what's happening before the Sharat Chandra, our CFO,
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