Ola Electric Mobility logo

Ola Electric Mobility share price

NSE: OLAELECBSE: 544225AutomobilesSmall Cap

Last close ₹29.93down ₹2.01 (6.29%)BSE ₹29.90

Share price at the NSE close on 23 Oct 2026. Previous close ₹31.94.

52-week range of traded prices to 23 Oct 2026
₹22.25Low, 16 Mar 2026₹54.37High, 23 Oct 2025
Market cap
₹14,961 Cr420th largest listed
P/E
Lossover the last 12 months
P/B
Shares changed
Dividend yield
Nonein the last 12 months
ROE
−41.0%
ROCE
−26.9%
Debt to equity
0.74
Volume, NSE
6,09,73,74728.2% delivered

Share price

Daily closes since Aug 2024, adjusted for splits and bonuses

−44.3%over a year · Nifty Smallcap 100 −3.0% · Nifty 500 −9.8%

ResultsSplit, bonus, rights or demerger20-session average 7,99,78,694 shares a day, 23.6% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 8 Aug

Revenue
₹455 Crup 71.70%
Net profit
−₹336 CrQuarter to Mar 2026: −₹500 Cr
Net margin
−73.8%

Revenue by year

Peak revenue ₹4,514 Cr, year to Mar 2025

Net profit by year, a loss in red

  • Net profit
  • Loss
₹ croreSep 2024Filed 8 NovDec 2024Filed 8 FebMar 2025Filed 16 JunJun 2025Filed 15 JulSep 2025Filed 6 NovDec 2025Filed 14 FebMar 2026Filed 20 MayJun 2026Filed 8 Aug
Revenue1,2141,045611828690470265455
Net profit−495−564−870−428−418−487−500−336
Net margin−40.8%−54.0%−142.4%−51.7%−60.6%−103.6%−188.7%−73.8%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Automotive₹2,245 Crdown 50.27%99.1%
  • Cell₹20 Cr0.9%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−57.0%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters32.97%
  • Foreign institutions4.73%
  • Indian institutions11.75%
  • Individuals and others46.04%
  • Employee trusts4.51%
Holder
Bhavish AggarwalPromoter26.52%
SVF II OSTRICH (DE) LLCForeign companies11.70%
OEM Employees Welfare Trust (through it's trustee Nirajkumar Popatlal Jain)Employee benefit trusts4.51%
ANI TECHNOLOGIES PRIVATE LIMITEDPromoter3.47%
Indus Trust (through its trustee Ankush AggarwalPromoter2.98%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

The filing reports 88,21,65,977 of its 4,62,84,08,313 shares locked in.

Mutual funds holding it

68 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 50 of the 54 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings

Bought for the first time
1
Bought again
1
Added
25
Cut
29
Held unchanged
12
Sold out
2
Fund
Motilal Oswal Mutual Fund logoMotilal Oswal Large and Midcap FundMotilal Oswal Mutual Fund14,13,49,5952.63%₹521.9 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Flexi cap FundMotilal Oswal Mutual Fund9,09,97,4742.50%₹336.0 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal ELSS Tax Saver FundMotilal Oswal Mutual Fund3,40,78,1472.57%₹125.8 Cr
Mirae Asset Mutual Fund logoMirae Asset ELSS Tax Saver FundMirae Asset Mutual Fund2,87,33,9780.43%₹106.1 Cr
Mirae Asset Mutual Fund logoMirae Asset Large & Midcap FundMirae Asset Mutual Fund2,45,49,3620.21%₹90.6 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Active Momentum FundMotilal Oswal Mutual Fund1,11,60,1783.02%₹41.2 Cr
Kotak Mahindra Mutual Fund logoKotak Consumption FundKotak Mahindra Mutual Fund1,00,00,0002.22%₹36.9 Cr
JM Financial Mutual Fund logoJM Flexi Cap FundJM Financial Mutual Fund56,08,8270.41%₹20.7 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Innovation Opportunities FundMotilal Oswal Mutual Fund55,31,4032.39%₹20.4 Cr
Nippon India Mutual Fund logoNippon India Nifty Smallcap 250 Index FundNippon India Mutual Fund35,33,0370.38%₹13.0 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

2/3 Wheelers, 13 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Ola Electric Mobility in market cap.

Ola Electric Mobility is not on the chart: it has no P/E today

Return on equity across, P/E up, size is market cap
Company
Eicher Motors logoEicher MotorsEICHERMOT1,93,97733.67.731.4+28.1%+19.3%24.9%20.7%1.16%
TVS Motor Company logoTVS Motor CompanyTVSMOTOR1,89,09455.219.824.2+30.2%+43.7%37.9%18.0%0.30%
Hero MotoCorp logoHero MotoCorpHEROMOTOCO1,01,01118.54.713.7+25.6%+8.2%26.7%29.2%3.67%
Ather Energy logoAther EnergyATHERENERG54,731–21.3–––−25.4%−15.3%0.00%
Zelio E Mobility logoZelio E MobilityZELIO2,15776.019.3–––25.5%–0.00%
Mercury Ev-Tech logoMercury Ev-TechMERCURYEV600–2.297.9+4.2%––0.7%0.00%
Tunwal E-Motors logoTunwal E-MotorsTUNWAL13210.31.0–+55.0%+8.8%11.2%–0.44%
Wardwizard Innovations & Mobility logoWardwizard Innovations & MobilityWARDINMOBI106–0.712.3−3.3%––5.0%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Share news and announcements

Ola Electric Mobility share price by year

Each calendar year to 2025.Ola Electric Mobility share price history

YearClose at year endChangeHighest closeLowest close
202536.24−57.7%86.2231.26
202485.73–146.3867.21
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2024 is from its first session, 9 Aug 2024.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 202631.0931.3029.5329.9330.136,09,73,74728.2%
22 Oct 202632.6033.0831.3131.9431.914,97,39,71030.3%
21 Oct 202634.3034.5432.8333.0533.423,11,17,14524.4%
19 Oct 202634.9835.0234.2834.4934.711,63,66,46831.5%
16 Oct 202635.1735.4634.8634.9935.141,65,69,68828.3%
15 Oct 202635.8835.9834.8935.1735.381,86,01,11125.8%
14 Oct 202635.0036.4034.8535.8135.864,83,28,73817.9%
13 Oct 202634.4035.3533.8635.1034.733,68,36,82523.4%
12 Oct 202635.5035.9435.0135.6835.494,86,01,53529.0%
9 Oct 202635.3035.5034.2235.1334.856,93,38,64316.6%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Rights issue history

Ex-dateEventPrice factorWhat happened
13 Oct 2026Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
Each event is noted and not adjusted for.

About Ola Electric Mobility

Ola Electric Mobility Limited makes electric two-wheelers and lithium-ion battery cells in India. Its vehicle range spans electric scooters and motorcycles across value and performance segments. The vehicles run on MoveOS, a vehicle operating system the company developed itself. It was incorporated in 2017.

The company's products span electric mobility, household storage, distributed commercial infrastructure and large-format energy storage, all built on one common cell platform. Shakti is its distributed energy-storage portfolio. At the household level it addresses power backup for houses and storage alongside rooftop-solar connections, and larger Shakti formats serve telecom towers, petrol pumps and quick-commerce dark stores. Mahashakti extends the portfolio to larger systems for data centres, factories and independent power producers.

Vehicles are made at the Ola Futurefactory in Krishnagiri, Tamil Nadu, which has an installed production capacity of 1 million electric two-wheelers a year. Battery cells are made at the Ola Gigafactory, also in Tamil Nadu. Beyond its own vehicles and storage products, the company is developing sales of its cells to automotive and industrial manufacturers, defence and drone applications.

In its history, the company inaugurated the Futurefactory and launched the S1 electric scooter, introduced MoveOS, and listed on Indian stock exchanges. It later moved into motorcycles with the Roadster family. Its 4680 Bharat Cell has since entered commercial deployment, and the Shakti storage product has been launched.

Legal name
Ola Electric Mobility Limited
NSE symbol
OLAELEC
BSE code
544225
ISIN
INE0LXG01040
Industry
Automobiles
Listed
Aug 2024
Face value
₹10
CIN
L74999KA2017PLC099619
Corporate identity number, the registrar of companies' code for it