Olectra Greentech logo

Olectra Greentech share price

NSE: OLECTRABSE: 532439AutomobilesSmall Cap

Formerly Goldstone Infratech
Last close ₹955.70down ₹35.10 (3.54%)BSE ₹956.60

Share price at the NSE close on 23 Oct 2026. Previous close ₹990.80.

52-week range of traded prices to 23 Oct 2026
₹866.60Low, 16 Mar 2026₹1,573.80High, 31 Oct 2025
Market cap
₹7,844 Cr576th largest listed
P/E
44.1
P/B
6.4
Dividend yield
0.06%
ROE
15.6%
ROCE
18.7%
Debt to equity
0.31
Volume, NSE
4,35,93738.7% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−32.7%over a year · Nifty Smallcap 250 −5.0% · Nifty 500 −9.8%

ResultsDividend20-session average 3,05,460 shares a day, 44.5% delivered

Results

Standalone, as consolidated accounts are on record for only 8 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 13 Aug

Revenue
₹567 Crdown 10.80%
Net profit
₹23 Crdown 54.16%
Net margin
4.1%

Revenue by year

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 1 of the 10 years shown

The years either side of a change of basis do not compare. From the year to Mar 2018, the company's revenue for that year, ₹164 Cr, differs from its quarters added, ₹178 Cr.

₹ croreSep 2024Filed 23 OctDec 2024Filed 29 JanMar 2025Filed 12 JunJun 2025Filed 9 AugSep 2025Filed 8 NovDec 2025Filed 2 FebMar 2026Filed 29 MayJun 2026Filed 13 Aug
Revenue514507438338647654635567
Net profit4846242253475123
Net margin9.4%9.1%5.6%6.6%8.2%7.2%8.0%4.1%
Standalone. The last eight quarters. The latest is shaded.

Business segments

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

  • Mobility Division₹1,987 Crup 22.50%85.9%
  • Energy Division₹325 Crup 80.69%14.1%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 0.1% of 972 trading days over the last 5 years.

LowestHighest
Its median94.5Industry median18.9
Price to book

At or below today's level on 42% of 1,874 trading days since Nov 2018.

LowestHighest
Its median7.1Industry median3.1
EV to EBITDA23.0

At or below today's level on 0.1% of 1,240 trading days over the last 5 years.

LowestHighest
Its median48.9Industry median14.0
Dividend yield

At or below today's level on 95% of 2,479 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median1.13%

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−17.2%+23.9%−33.2%0.1%
3 years+16.0%+34.7%−13.9%0.0%
5 years+34.8%+69.8%−20.6%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.

Who owns it

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

Shareholding by group

  • Promoters50.02%
  • Foreign institutions7.34%
  • Indian institutions0.60%
  • Individuals and others42.04%
Holder
MEIL HOLDINGS LIMITEDPromoter50.02%
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.

Mutual funds holding it

52 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 47 of the 49 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

Added
17
Cut
32
Held unchanged
3
Fund
Nippon India Mutual Fund logoNippon India Nifty Smallcap 250 Index FundNippon India Mutual Fund63,2930.21%₹7.18 Cr
HDFC Mutual Fund logoHDFC Nifty Smallcap 250 ETFHDFC Mutual Fund49,6720.21%₹5.63 Cr
Mirae Asset Mutual Fund logoMirae Asset Nifty Smallcap 250 Momentum Quality 100 ETFMirae Asset Mutual Fund37,4150.46%₹4.24 Cr
SBI Mutual Fund logoSBI Nifty Smallcap 250 Index FundSBI Mutual Fund32,1500.21%₹3.65 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Nifty Smallcap 250 Index FundMotilal Oswal Mutual Fund22,8070.21%₹2.59 Cr
The Wealth Company Mutual Fund logoThe Wealth Company Small Cap FundThe Wealth Company Mutual Fund16,8001.33%₹1.91 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Nifty Smallcap 250 Index FundICICI Prudential Mutual Fund14,4160.21%₹1.64 Cr
HDFC Mutual Fund logoHDFC Nifty Smallcap 250 Index FundHDFC Mutual Fund13,8260.21%₹1.57 Cr
Nippon India Mutual Fund logoNippon India Nifty 500 Equal Weight Index FundNippon India Mutual Fund7,6360.19%₹0.87 Cr
Jio BlackRock Mutual Fund logoJioBlackRock Nifty Smallcap 250 Index FundJio BlackRock Mutual Fund7,2150.21%₹0.82 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Automobiles, 27 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Olectra Greentech in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Tata Motors Passenger Vehicles logoTata Motors Passenger VehiclesTMPV97,452–0.9–−18.6%–––1.13%
Ather Energy logoAther EnergyATHERENERG54,731–21.3–––−25.4%−15.3%0.00%
Force Motors Ltd-$ logoForce Motors Ltd-$FORCEMOT21,60917.35.214.0+8.4%+45.3%34.6%28.3%0.30%
Ola Electric Mobility logoOla Electric MobilityOLAELEC14,961–––−49.2%–−41.0%−26.9%0.00%
Zelio E Mobility logoZelio E MobilityZELIO2,15776.019.3–––25.5%–0.00%
Landmark Cars logoLandmark CarsLANDMARK1,73338.63.07.9+20.7%+128.6%7.9%11.6%0.36%
Popular Vehicles and Services logoPopular Vehicles and ServicesPVSL650–1.06.1+25.2%–−0.4%5.1%0.00%
Mercury Ev-Tech logoMercury Ev-TechMERCURYEV600–2.297.9+4.2%––0.7%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.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹0.60 a share, year to Mar 2026.
Ex-dateTypePer share
18 Sep 2026Final₹0.60
19 Sep 2025Final₹0.40
19 Sep 2024Final₹0.40
21 Sep 2023Final₹0.40
20 Sep 2022Final₹0.40
20 Sep 2012Final₹0.20
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Olectra Greentech share price by year

Each calendar year to 2025.Olectra Greentech share price history

YearClose at year endChangeHighest closeLowest close
20251,199.00−17.1%1,671.001,016.30
20241,446.55+7.4%2,135.101,338.30
20231,346.80+172.1%1,395.15384.55
2022494.95−38.0%865.40466.80
2021798.00+487.8%910.30128.85
2020135.75−22.4%180.6043.60
2019175.00−25.2%265.65151.45
2018234.10+18.6%271.00139.65
2017197.45+639.5%229.8526.75
201626.70+38.7%29.9516.10
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

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

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026991.50993.30940.00955.70957.134,35,93738.7%
22 Oct 20261,000.001,008.60986.40990.80994.392,45,39642.6%
21 Oct 20261,050.001,051.701,000.101,006.501,013.433,91,36050.1%
19 Oct 20261,060.001,064.801,042.001,044.201,051.971,37,46448.5%
16 Oct 20261,062.301,073.101,050.501,066.301,064.561,66,30734.5%
15 Oct 20261,068.001,074.001,055.001,057.001,061.571,43,91043.4%
14 Oct 20261,070.001,076.501,060.001,069.601,069.631,93,36043.8%
13 Oct 20261,052.001,066.001,038.401,062.101,054.772,40,28342.3%
12 Oct 20261,054.401,077.001,045.001,047.501,058.351,61,77734.0%
9 Oct 20261,058.101,060.901,033.901,044.801,048.982,07,28233.7%
Prices in ₹ per share as traded, not adjusted.

About Olectra Greentech

Olectra Greentech Limited makes electric buses and composite polymer insulators in India. It was incorporated in 2000. Its registered office is in Hyderabad, Telangana. Its customers include State Transport Undertakings, government agencies and enterprises.

The company has two divisions. The Mobility division offers electric buses in 7-metre, 9-metre and 12-metre sizes, an electric coach and an electric tipper, for public and commercial transport. The Energy division offers composite polymer insulators for high-voltage transmission, railway and distribution applications, with ratings from 33kV to 800kV. Its range includes post insulators, distribution insulators and railway insulators.

The company has a deployed fleet of electric buses in cities across India. The Mobility division builds its vehicles at an integrated manufacturing facility on 150 acres in Telangana. The company also has in-house silicone rubber compounding and a dedicated research and testing laboratory for its insulator and fibre reinforced polymer products.

The company began with the Energy division and later expanded into the Mobility division, which marked its entry into electric mobility. It has also launched a Blade Battery platform for electric vehicles.

MEIL Holdings Limited is a promoter of the company and holds 50.02% of its equity share capital. A promoter is the person or group that set up a company or controls it. MEIL Holdings is itself a subsidiary of Megha Engineering & Infrastructures Limited, a multi-sector infrastructure company that is the ultimate holding company of Olectra.

Legal name
Olectra Greentech Limited
NSE symbol
OLECTRA
BSE code
532439
ISIN
INE260D01016
Industry
Automobiles
Listed
Nov 2001 on BSE, Mar 2002 on NSE
Face value
₹4
Former symbols
GOLDINFRA, GOLDTELE
CIN
L34100TG2000PLC035451
Corporate identity number, the registrar of companies' code for it