33.96
-0.73%
Close of 9 Nov 2026, in INR
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About Ola Electric Mobility
Its shares trade on NSE under the ticker OLAELEC.NS. It has been listed since 9 August 2024. In the fiscal year to 31 March 2026, it reported revenue of ₹22.53bn and a net loss of ₹18.33bn. At that date it held total assets of ₹77.88bn and shareholders' equity of ₹33.51bn.
Ola Electric Mobility Ltd is a IN-based company operating in Automobiles industry. The company is headquartered in Bangalore, Karnataka. The company went IPO on 2024-08-09. Ola Electric Mobility Limited is an India-based electric vehicle (EV) company. The firm is engaged in building vertically integrated technology and manufacturing capabilities for EVs and EV components, including cells. The company manufactures EVs and certain core EV components, such as battery packs, motors and vehicle frames at the Ola Futurefactory. The firm offers a range of products, such as Ola S1 Pro, Ola S1, Ola S1 Air, Ola S1 X+, Ola S1 X (2 kWh), and the Ola S1 X (3 kWh), in addition to the Ola S1 X+, as well as a line-up of motorcycles comprising four models, Diamondhead, Adventure, Roadster, and Cruiser.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Discretionary
- Industry
- Automobiles
- Listed since
- 9 Aug 2024
- Website
- olaelectric.com ↗
Leadership
Pay as last reported
- Mr. Bhavish AggarwalExecutive Chairman of the Board, Managing Director, since 2023₹88.9m
- Mr. Harish AbichandaniChief Financial Officer₹16.7m
- Mr. N. BalachandarChief People Officer₹27.3m
- Mr. Suvonil ChatterjeeChief Technology and Product Officer₹5.3m
- Mr. Pritam Das MohapatraCompany Secretary and Compliance Officer
- Ms. Ramkripa AnanthanHead - Vehicle Design of OET
- Mr. Shaun CalvertChief Operations Officer of OET
- Mr. Vishal ChaturvediSenior Director - New business Initiative of OCT
- Mr. Samraj DhinagarHead - Vehicle Engineering of OET
- Mr. Anshul KhandelwalChief Marketing Officer of OET
- Mr. Hyun Shik ParkChief Operations Officer of OCT
- Mr. Arun SarinNon-Executive Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Ola Electric Mobility Ltd manufactures EVs and core components like battery packs and motors at Ola Futurefactory.
- Ola S1 Pro, S1, S1 Air, and S1 X models are key products in the Indian market.
- Ola Electric Mobility Ltd is a vertically integrated EV company with manufacturing capabilities in Bangalore.
Weaknesses
- Ola Electric Mobility Ltd's IPO on 9 August 2024 is recent and may face market volatility.
- Ola S1 X (2 kWh) and (3 kWh) models have limited battery capacity options.
- Ola Electric Mobility Ltd's product range is focused on India with no international expansion mentioned.
Opportunities
- Ola Electric Mobility Ltd can expand its motorcycle line with Diamondhead, Adventure, Roadster, and Cruiser models.
- Ola Electric Mobility Ltd can leverage India's growing EV market for increased sales.
- Ola Electric Mobility Ltd can enhance its manufacturing capabilities at Ola Futurefactory for higher production.
Threats
- Ola Electric Mobility Ltd faces competition from established EV manufacturers in India.
- Ola Electric Mobility Ltd's IPO timing may coincide with economic downturns affecting investor confidence.
- Ola Electric Mobility Ltd's reliance on the Indian market could be impacted by policy changes.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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