Ola Electric OLAELEC
E-scooter maker that certified an in-house rare-earth-free ferrite motor in Oct 2025
Mapped in 1 theme: Rare-Earth Magnets (REPM).
Where Ola Electric sits in the supply chain
Ola Electric appears in 1 supply-chain layer in one theme, Rare-Earth Magnets (REPM).
Rare-Earth Magnets (REPM) › Electric two-wheelers
Potential substituteOther companies in this layer
Revenue and profit
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 5,010 | 4,514 | 2,253 |
| Net profit | −1,584 | −2,276 | −1,833 |
Latest-year revenue ₹2,253 Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths
- First Indian two-wheeler maker with a government-certified ferrite motor (7 kW and 11 kW variants)
- Said its production was not hit by the 2025 magnet shortage
Risks
- Loss-making every year shown; revenue fell to ₹2,253 Cr in FY26
- A ferrite motor is a substitute for, not a buyer of, the scheme's magnets
Common questions
What does Ola Electric do?
E-scooter maker that certified an in-house rare-earth-free ferrite motor in Oct 2025.
Where does Ola Electric sit in the supply chain?
Ola Electric (NSE: OLAELEC) is mapped in 1 supply-chain layer: Electric two-wheelers (Rare-Earth Magnets (REPM)).
Who are Ola Electric's peers?
In the Electric two-wheelers layer of Rare-Earth Magnets (REPM): Bajaj Auto and TVS Motor.
What is Ola Electric's market cap and valuation?
As of 30 Oct 2026: market cap ₹16,595 Cr, ROCE −19.9%, ROE −43.2%, dividend yield 0%.