Olectra Greentech OLECTRA
Electric bus maker (MEIL group); its first e-buses were built with BYD technology
Mapped in 1 theme: Electric 4-Wheeler.
Where Olectra Greentech sits in the supply chain
Olectra Greentech appears in 1 supply-chain layer in one theme, Electric 4-Wheeler.
Electric 4-Wheeler › Vehicle OEMs & Assembly
Direct supplierOther companies in this layer
Revenue and profit
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 1,154 | 1,802 | 2,312 |
| Net profit | 79 | 139 | 180 |
Latest-year revenue ₹2,312 Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths
- One of the largest electric-bus suppliers to state transport undertakings, with a large order book
Risks
- Earnings depend on lumpy state bus tenders and on transport undertakings paying on time
Common questions
What does Olectra Greentech do?
Electric bus maker (MEIL group); its first e-buses were built with BYD technology.
Where does Olectra Greentech sit in the supply chain?
Olectra Greentech (NSE: OLECTRA) is mapped in 1 supply-chain layer: Vehicle OEMs & Assembly (Electric 4-Wheeler).
Who are Olectra Greentech's peers?
In the Vehicle OEMs & Assembly layer of Electric 4-Wheeler: Tata Motors Passenger Vehicles, Mahindra & Mahindra and JBM Auto.
What is Olectra Greentech's market cap and valuation?
As of 30 Oct 2026: market cap ₹7,802 Cr, P/E 44.0x, ROCE 21.0%, ROE 15.6%, dividend yield 0.06%.