Ola Electric Mobility Limited
Founded in 2017, Ola Electric Mobility Limited is an electric vehicle company that primarily manufactures electric vehicles and core components for electric vehicles. These components include battery packs, motors, and vehicle frames, all produced at...
Key Metrics
EPS
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Current ratio
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Debt/Equity
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Debt/EBITDA
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Interest coverage ratio
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Operating Cashflow to total debt
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Financials
Pros & Cons
Exclusive on TAP Bonds
Here's what we like about this company and potential risks we have identified.
Pros
Comfortable capital structure and liquidity profile –
Favourable EV industry outlook aided by supportive Government policies
Strong market position in the e2W segment
Improving backward integration likely to support margin profile over medium term; early mover advantage in lithium-ion cell manufacturing
Liquidity position: Adequate
Cons
Limited track record of e2W operations
Significant operational losses; dependence on FAME subsidy –
Dependence on imports for supply of critical components –
Sizeable capex plans over the medium term for setting up battery cell manufacturing capabilities; project exposed to risks of execution, demand/off-take, supply chain and technology obsolescence
Intense competition in the domestic 2W segment necessitating consistent investments
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About Ola Electric Mobility Limited bond.
This comprehensive profile covers key factual information about Ola Electric Mobility Limited. Founded in 2017, Ola Electric Mobility Limited is an electric vehicle company that primarily manufactures electric vehicles and core components for electric vehicles. These components include battery packs, motors, and vehicle frames, all produced at the Ola Futurefactory. EPS in Mar-2024 was -8.10. Current ratio in Mar-2024 was 1.01. Debt/Equity in Mar-2024 was 1.98. Debt/EBITDA in Mar-2024 was -3.84. Interest coverage ratio in Mar-2024 was -7.49. Operating Cashflow to total debt in Mar-2024 was -0.16. Total revenue for Mar-2025(E) was ₹6582.17. Net income for Mar-2025(E) stood at ₹-2220.62. Total assets as of Mar-2024 were ₹7,735.42. Operating cash flow for Mar-2024 was ₹-633.09. The company’s borrowing relationships include Bank of Baroda (₹N/A Cr), Indian Bank (₹N/A Cr), Bank of Baroda (₹N/A Cr), Indian Bank (₹N/A Cr), Axis Bank Limited (₹N/A Cr), Bank of Baroda (₹N/A Cr), YES Bank Limited (₹N/A Cr), (₹N/A Cr), (₹N/A Cr). Peers and comparison entities consist of Ola Electric Mobility Limited, Bajaj Auto Limited, TVS Motor Company Limited, Hero MotoCorp Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Comfortable capital structure and liquidity profile –; Favourable EV industry outlook aided by supportive Government policies; Strong market position in the e2W segment; Improving backward integration likely to support margin profile over medium term; early mover advantage in lithium-ion cell manufacturing; Liquidity position: Adequate. Key risks include: Limited track record of e2W operations; Significant operational losses; dependence on FAME subsidy –; Dependence on imports for supply of critical components –; Sizeable capex plans over the medium term for setting up battery cell manufacturing capabilities; project exposed to risks of execution, demand/off-take, supply chain and technology obsolescence; Intense competition in the domestic 2W segment necessitating consistent investments. Leadership team details include Mr.Bhavish Aggarwal (Chairman & Managing Director), Mr.Manoj Kumar Kohli (Independent Director), Ms.Shradha Sharma (Independent Director), Mr.Ananth Sankaranarayanan (Independent Director), Mr.Krishnamurthy Venugopala Tenneti (Non Executive Director), Mr.Arun Sarin (Non Executive Director), Mr.Harish Abichandani (Chief Financial Officer), Mr.Pramendra Tomar (Company Secretary & Compliance Officer). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.