Olectra Greentech

₹1610 -4 | 0.2%

WEBSITE BSE:532439 NSE : OLECTRA 10 May, 16:01

Market Cap ₹13215 Cr.

Stock P/E 172.0

P/B 14.5

Current Price ₹1610

Book Value ₹ 111.3

Face Value 4

52W High ₹2222

Dividend Yield 0.02%

52W Low ₹ 646.1

Edit Ratio

Olectra Greentech Research see more...

Overview Inc. Year: 2000Industry: Automobiles-Trucks/Lcv

Olectra Greentech Ltd, formerly Goldstone Infratech Ltd, is engaged in production of polymer insulators. The Company operates through Composite Polymer Insulators section. The Company's products comprises power utilities and 25 kilovolts (KV) railway traction. The Company's power utilities products encompass 10-15 KV, 22-28 KV, 33-36 KV, 52-77 KV, 110-132 KV, 220-245 KV, 330- 420 KV, and 765-800 KV composite insulators. Its railway traction includes 25 KV nine-ton insulators, 25 KV stay arm insulators and 25 KV bracket tube insulators. The Company has additionally advanced and tested about 1,200 KV insulators for Power Grid Corporation of India Ltd. The Company's plants are at Cherlapally, Hyderabad and Gaddapotharam, Jinnaram Mandal, Medak District, Telangana. The Company's subsidiary is TF Solar Power Pvt Ltd.

Olectra Greentech Share Price

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Peer Comparison

Olectra Greentech Quarterly Results

#(Fig in Cr.)	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Net Sales	208	271	281	177	256	376	216	307	342	289
Other Income	2	3	2	6	1	1	1	3	3	5
Total Income	210	274	284	183	258	376	217	310	345	294
Total Expenditure	180	239	245	157	221	326	174	267	293	254
Operating Profit	30	35	39	26	36	51	43	44	51	39
Interest	2	4	8	7	8	8	7	10	13	13
Depreciation	7	8	8	8	8	9	9	9	9	10
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	21	23	23	11	20	34	27	25	29	16
Provision for Tax	8	6	6	4	5	8	7	8	7	5
Profit After Tax	12	17	16	7	15	26	20	17	22	11
Adjustments	0	1	0	0	-0	1	-2	1	5	2
Profit After Adjustments	13	18	17	8	14	27	18	18	27	14
Adjusted Earnings Per Share	1.5	2.2	2	0.9	1.8	3.3	2.2	2.2	3.3	1.7

Olectra Greentech Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	70	80	92	93	105	161	170	201	281	593	1091	1154
Other Income	1	1	1	2	1	7	15	24	11	8	19	12
Total Income	71	81	93	95	106	169	185	225	293	601	1109	1166
Total Expenditure	60	69	75	75	85	148	185	195	261	509	958	988
Operating Profit	12	12	18	20	21	21	-0	29	32	92	151	177
Interest	6	6	6	6	6	6	15	14	8	9	31	43
Depreciation	2	2	6	5	2	3	7	18	13	29	33	37
Exceptional Income / Expenses	-0	-0	-0	-1	0	0	0	19	0	-3	0	0
Profit Before Tax	3	3	6	8	13	12	-22	17	11	52	89	97
Provision for Tax	1	1	2	2	5	3	-6	4	3	17	23	27
Profit After Tax	2	2	5	6	8	9	-16	14	8	35	67	70
Adjustments	0	0	0	0	0	0	0	-0	0	-0	-1	6
Profit After Adjustments	2	2	5	6	8	9	-16	14	8	35	66	77
Adjusted Earnings Per Share	0.6	0.6	1.4	1.6	2.3	1.8	-2	1.6	1	4.3	8	9.4

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	84%	76%	47%	32%
Operating Profit CAGR	64%	73%	48%	29%
PAT CAGR	91%	69%	49%	42%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	140%	111%	49%	70%
ROE Average	8%	5%	2%	4%
ROCE Average	13%	8%	5%	8%

Olectra Greentech Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	74	76	80	86	66	198	703	733	741	777	840
Minority's Interest	0	0	0	0	0	0	-0	0	-0	0	1
Borrowings	16	19	13	27	4	10	3	3	4	52	9
Other Non-Current Liabilities	15	15	13	12	-3	-1	-6	6	2	30	42
Total Current Liabilities	43	47	57	48	91	104	153	232	180	331	665
Total Liabilities	148	158	164	174	158	311	853	973	927	1190	1557
Fixed Assets	82	84	79	76	61	72	173	151	290	325	356
Other Non-Current Assets	22	21	20	20	20	26	12	13	60	81	55
Total Current Assets	44	53	64	78	78	214	668	810	577	785	1146
Total Assets	148	158	164	174	158	311	853	973	927	1190	1557

Olectra Greentech Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	0	0	0	9	0	1	1	21	2	12	19
Cash Flow from Operating Activities	-0	-0	0	-14	-9	-107	-130	-219	209	121	-10
Cash Flow from Investing Activities	0	0	0	5	-6	-19	-307	199	-177	-164	-38
Cash Flow from Financing Activities	-0	0	-0	10	15	126	457	0	-22	50	35
Net Cash Inflow / Outflow	-0	0	0	0	0	0	20	-19	10	7	-13
Closing Cash & Cash Equivalent	0	0	0	9	1	1	21	2	12	19	6

Olectra Greentech Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	0.56	0.59	1.37	1.61	2.33	1.77	-1.99	1.65	0.98	4.31	7.99
CEPS(Rs)	1.2	1.25	2.93	3.12	3.02	2.41	-1.14	3.78	2.61	7.88	12.18
DPS(Rs)	0	0	0	0	0	0	0	0	0	0.4	0.4
Book NAV/Share(Rs)	20.52	21.11	22.29	23.89	18.36	37.37	82.85	84.39	90.24	94.7	102.31
Core EBITDA Margin(%)	13.81	12.58	16.77	18.16	17.63	8.47	-8.92	2.51	7.17	14.27	12.17
EBIT Margin(%)	12.33	10.13	12.27	13.73	16.53	10.97	-4.14	15.6	6.53	10.38	11.08
Pre Tax Margin(%)	3.96	3.51	6.46	8.07	11.51	7.24	-12.96	8.65	3.86	8.82	8.2
PAT Margin (%)	2.63	2.43	4.95	5.72	7.38	5.42	-9.3	6.75	2.87	5.96	6.13
Cash Profit Margin (%)	5.69	5.17	10.63	11.11	9.54	7.38	-5.31	15.49	7.6	10.9	9.17
ROA(%)	1.36	1.39	3.07	3.43	5.07	3.79	-2.72	1.48	0.85	3.34	4.87
ROE(%)	2.73	2.83	6.29	6.96	11.05	7.01	-3.74	2	1.13	4.66	8.27
ROCE(%)	8.42	7.59	10.15	10.88	14.13	8.97	-1.41	4.22	2.44	7.73	13.3
Receivable days	90.19	93.16	111.35	142.34	129.19	138.09	191.79	411.82	405.59	193.56	166.66
Inventory Days	72.37	73.24	63.55	60.23	63.72	96.22	188.43	175.61	92.75	37.22	33.58
Payable days	124.67	112.43	122.99	133.67	88.99	66.46	208.52	524.19	335.58	177.79	158.24
PER(x)	18.65	12.01	11.72	10.08	32.23	102.42	0	28.3	219.76	155.31	77.39
Price/Book(x)	0.51	0.33	0.72	0.68	4.1	4.86	2.96	0.55	2.4	7.06	6.05
Dividend Yield(%)	0	0	0	0	0	0	0	0	0	0.06	0.06
EV/Net Sales(x)	1.02	0.8	0.96	1.06	3.1	5.95	10.66	1.53	6.02	9.03	4.62
EV/Core EBITDA(x)	6.07	5.47	4.89	4.91	15.25	45.27	-6890.26	10.41	53.49	58.03	33.32
Net Sales Growth(%)	17.2	14.64	14.72	0.88	12.83	53.97	5.34	17.88	40.32	110.84	83.86
EBIT Growth(%)	29.03	-5.9	38	14.05	35.36	-4.41	-139.08	544.19	-41.25	235.14	96.25
PAT Growth(%)	5.3	5.85	132.03	17.65	45.25	5.62	-277.83	185.56	-40.32	337.89	89.2
EPS Growth(%)	5.3	5.85	132.03	17.65	45.25	-24.06	-212.42	182.74	-40.31	337.78	85.55
Debt/Equity(x)	0.52	0.58	0.49	0.58	0.98	0.39	0.04	0.03	0.01	0.09	0.16
Current Ratio(x)	1.04	1.13	1.12	1.61	0.85	2.05	4.38	3.49	3.2	2.37	1.72
Quick Ratio(x)	0.64	0.75	0.83	1.27	0.6	1.44	3.64	3.14	2.86	2.19	1.51
Interest Cover(x)	1.47	1.53	2.11	2.43	3.29	2.94	-0.47	2.24	2.45	6.64	3.85
Total Debt/Mcap(x)	1.03	1.74	0.69	0.85	0.24	0.08	0.01	0.06	0	0.01	0.03

Olectra Greentech Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	51.62	50.02	50.02	50.02	50.02	50.02	50.02	50.02	50.02	50.02
FII	9.13	8.75	9.02	10.41	9.44	9.03	8.55	8.01	7.79	8.58
DII	0.04	0.04	0.04	0.04	0.09	0.1	0.11	0.13	0.15	0.17
Public	39.22	41.2	40.93	39.54	40.45	40.86	41.33	41.84	42.05	41.23
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	4.24	4.11	4.11	4.11	4.11	4.11	4.11	4.11	4.11	4.11
FII	0.75	0.72	0.74	0.85	0.77	0.74	0.7	0.66	0.64	0.7
DII	0	0	0	0	0.01	0.01	0.01	0.01	0.01	0.01
Public	3.22	3.38	3.36	3.25	3.32	3.35	3.39	3.43	3.45	3.38
Others	0	0	0	0	0	0	0	0	0	0
Total	8.21	8.21	8.21	8.21	8.21	8.21	8.21	8.21	8.21	8.21

Pros

Company has delivered good profit growth of 49% CAGR over last 5 years
Debtor days have improved from 177.79 to 158.24days.
Company has reduced debt.
Company is almost debt free.

Cons

Company has a low return on equity of 5% over the last 3 years.
Stock is trading at 14.5 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Olectra Greentech News

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Olectra Greentech

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Olectra Greentech Research see more...

Overview Inc. Year: 2000Industry: Automobiles-Trucks/Lcv

Olectra Greentech Share Price

Alert Data

Quarterly Price

Peer Comparison

Olectra Greentech Quarterly Results

Olectra Greentech Profit & Loss

Growth Rates

Olectra Greentech Balance Sheet

Olectra Greentech Cash Flow

Olectra Greentech Ratios

Olectra Greentech Shareholding Pattern

Olectra Greentech News

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