Ola electric Share Price Target 2025, 2026, 2027 to 2030: Today, we will discuss a comprehensive analysis of Ola Electric’s share target for 2025, 2026, 2027, and 2030. By examining the growth potential of the electric vehicle (EV) sector and Ola Electric’s recent advancements, we aim to offer insights into its expected trajectory over the coming years. As an emerging leader in India’s EV market, Ola Electric has expanded its offerings through innovative electric scooter models, a strong domestic manufacturing base, and a focus on sustainable mobility solutions.
This analysis will explore the fundamental and technical factors driving Ola Electric’s growth. With a strong market presence, significant investments in battery technology, and ambitious expansion plans, Ola Electric presents considerable opportunities for investors focused on sustainable energy and EV adoption in India and beyond.
Overview of Ola Electric
What is Ola Electric?
Ola Electric, founded in 2007 and headquartered in Vancouver, Canada, is a rapidly emerging player in the electric vehicle (EV) industry, dedicated to sustainable mobility solutions. While initially focused on electric scooters, Ola Electric has expanded its vision to encompass broader EV offerings, with an emphasis on providing affordable, eco-friendly transportation solutions tailored to urban mobility needs. With a strong manufacturing base and a commitment to reducing carbon emissions, Ola Electric aims to drive the adoption of electric mobility in India and internationally.
Key Features of Ola Electric:
- Business Model: Ola Electric operates as a manufacturer and provider of electric vehicles, primarily focused on electric scooters with plans to expand into electric cars and other eco-friendly vehicle options. The company’s vertically integrated model spans manufacturing, battery technology, and charging infrastructure, aiming to make EVs more accessible to a wider population.
- Core Holdings: Ola Electric’s portfolio includes major holdings like Minera Cerro Quema S.A. and Contact Gold Corp., which support its battery production and resource acquisition strategies. Through these subsidiaries, the company has secured key resources for its battery technology, ensuring supply chain stability.
- Market Position: Ola Electric stands as one of India’s most recognized EV manufacturers, with substantial backing from domestic and international investors. Its products cater to an evolving market with a strong demand for eco-friendly transportation options, giving it a competitive edge in the growing EV industry.
- Workforce: As of 2023, Ola Electric employs 327 people, who contribute to its innovation in electric vehicle technology, battery development, and expanding production capacity to meet future demand.
- Industry Impact: Positioned as a sustainable and forward-looking brand, Ola Electric has pioneered initiatives that align with global trends toward green mobility, making it a compelling choice for investors focused on clean energy and the burgeoning EV market in India and beyond.
| Details | Information |
|---|---|
| Website | www.olaelectric.com |
| CEO | Bhavish Aggarwal |
| Founded | 2007 |
| Headquarters | Vancouver, Canada |
| Number of Employees | 327 (as of 2023) |
| Parent Organization | ANI Technologies Pvt. Ltd. (Ola Cabs) |
| Key Operations | Electric vehicle manufacturing, battery technology, charging infrastructure |
| Key Focus Areas | Sustainable urban mobility, electric scooters, electric cars |
| Subsidiaries | Minera Cerro Quema S.A., Contact Gold Corp. |
| Notable Initiatives | Expansion of EV charging network, advancements in battery technology |
Current Market Overview of Ola Electric Share Price
As of the latest market data, Ola Electric’s shares demonstrate steady performance, opening today at ₹82.49 after a previous close of ₹80.88. Today’s trading range shows a high of ₹83.65 and a low of ₹82.18, with a Volume Weighted Average Price (VWAP) of ₹82.92. The share’s price remains within a 20% price band, set between ₹64.71 and ₹97.05.
Looking at longer-term metrics, Ola Electric’s share has traded within a 52-week range of ₹74.82 to ₹157.53, indicating significant past volatility and potential for future movement. The company’s market capitalization stands robustly at ₹36,512.85 crore (full) and ₹4,016.41 crore (free float), reflecting a solid valuation in the growing electric vehicle sector. With a face value of ₹10.00, the share price shows resilience, supported by substantial market interest, as indicated by a turnover of ₹7.30 crore today and a two-week average quantity of 41.02 lakh shares traded.
Ola Electric Share Price Fundamental Data
- Previous Close: ₹80.88
- Open: ₹82.49
- High: ₹83.65
- Low: ₹82.18
- VWAP: ₹82.92
- 52-Week High: ₹157.53
- 52-Week Low: ₹74.82
- Upper Price Band: ₹97.05
- Lower Price Band: ₹64.71
- Price Band: 20%
- TTQ (Lakh): 8.80
- Turnover (Cr.): ₹7.30
- 2W Avg Qty (Lakh): 41.02
- Market Cap (Full) (Cr.): ₹36,512.85
- Market Cap (FF) (Cr.): ₹4,016.41
- Face Value: ₹10.00
The Market Position of Ola Electric Share
| Time | Returns of Ola Electric Share |
|---|---|
| Today | +2.37% |
| Past 5 Days | +1.10% |
| Past Month | −18.81% |
| Past 3 Months | −11.32% |
| Past 6 Months | 0.00% |
| Past Year | 0.00% |
| Past 3 Years | 0.00% |
| Past 5 Years | 0.00% |
Ola Electric Share Price Target in 2024
Ola Electric Share Price Target in 2024, with a target of ₹140. Ola’s advancements in electric vehicle technology and its growing presence in the EV market are expected to drive initial growth.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹140 | ₹160 |
Ola Electric Share Price Target in 2025
Ola Electric Share Price Target in 2025, with a target of ₹360. The company’s continued innovation in sustainable urban mobility and expanded EV offerings are anticipated to boost its market position.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2025 | ₹360 | ₹400 |
Ola Electric Share Price Target in 2026
Ola Electric Share Price Target in 2026, with a target of ₹450. Ola’s strengthened commitment to battery technology and charging infrastructure could drive significant growth.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2026 | ₹450 | ₹500 |
Ola Electric Share Price Target in 2027
Ola Electric Share Price Target in 2027, with a target of ₹540. With an expanding EV lineup and enhanced market presence, Ola is poised for steady returns.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2027 | ₹540 | ₹600 |
Ola Electric Share Price Target in 2028
Ola Electric Share Price Target in 2028, with a target of ₹630. The company’s focus on sustainable innovation and infrastructure expansion is likely to attract further investor interest.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2028 | ₹630 | ₹700 |
Ola Electric Share Price Target in 2029
Ola Electric Share Price Target in 2029, with a target of ₹720. Continued success in EV adoption and charging network expansion may support steady growth.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2029 | ₹720 | ₹780 |
Ola Electric Share Price Target in 2030
Ola Electric Share Price Target in 2030, with a target of ₹830. As Ola sustains its leadership in electric mobility, it is expected to be a strong long-term investment in the EV sector.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2030 | ₹830 | ₹900 |
Financial Condition of Ola Electric
Ola Electric Mobility Ltd. has shown substantial revenue growth in the last fiscal year, although profitability remains a challenge as the company invests heavily in its expansion and production capabilities. The following table highlights Ola’s financial data from 2023 to 2024:
| Year Ending | Net Sales (INR Crores) | Other Income (INR Crores) | Total Revenues (INR Crores) | Profit After Tax (INR Crores) |
|---|---|---|---|---|
| Mar 2023 | ₹2,630.9 | ₹151.8 | ₹2,782.7 | -₹1,472.1 |
| Mar 2024 | ₹5,009.8 | ₹233.4 | ₹5,243.3 | -₹1,584.4 |
Revenue Growth
Ola Electric’s revenue has experienced a strong upward trend, with net sales almost doubling from ₹2,630.9 crores in March 2023 to ₹5,009.8 crores in March 2024, marking a 90.4% increase. This growth is attributed to the company’s aggressive expansion in the electric vehicle (EV) market.
- March 2023: Revenue recorded at ₹2,782.7 crores.
- March 2024: Revenue increased to ₹5,243.3 crores, reflecting an 88.4% rise in total revenues over one year.
Profitability Analysis
Despite robust revenue growth, Ola Electric’s profitability remains negative as the company incurs high operational and production costs. Gross profit, although still negative, showed a slight improvement as a percentage of revenue, reflecting ongoing efforts to enhance operational efficiency.
- March 2023: Profit after tax was -₹1,472.1 crores.
- March 2024: Profit after tax further declined to -₹1,584.4 crores, with gross profit improving from -51.3% to -25.4%.
Net Profit Margin Evaluation
Ola Electric’s net profit margin has shown improvement, moving from -56.0% in March 2023 to -31.6% in March 2024, as revenue growth outpaces losses. The narrowing margin signals potential stabilization as the company scales up production and increases market penetration.
- March 2023: Net profit margin recorded at -56.0%.
- March 2024: Net profit margin improved to -31.6%, suggesting strides towards operational efficiency.
How to Purchase Ola Electric Mobility Ltd. Shares
- Choose a Stockbroker: Select a registered stockbroker or an online trading platform compatible with unlisted stocks.
- Open a Trading Account: Register and open a trading account along with a Demat account to hold your shares.
- Complete KYC Requirements: Submit necessary documents for KYC verification, including identity proof, address proof, and PAN card.
- Fund Your Account: Deposit funds into your trading account to facilitate the purchase.
- Locate Ola Electric Shares: Since Ola Electric is currently an unlisted company, use a specialized broker for unlisted shares or explore options on platforms dealing in pre-IPO shares.
- Place an Order: Decide on the number of shares to buy and place an order through the appropriate platform.
- Confirm the Transaction: Review and confirm your order. Upon completion, shares will be credited to your Demat account.
- Monitor Your Investment: Track developments in the EV market and Ola’s financial performance to make informed decisions about holding or selling.
Price Expectations for Ola Electric Shares Over the Next 5 Years
- 2024: Expect the share price to be around ₹140, reflecting the company’s rapid revenue growth and strong position in the EV market.
- 2025: Anticipate an increase, targeting a range of ₹360 as Ola Electric continues its expansion and product development efforts.
- 2026: Further growth is expected, with targets of ₹450, supported by increased demand for electric vehicles and strategic investments in production capacity.
- 2027: Growth is projected to continue, with anticipated prices around ₹540 as the company capitalizes on its market share and technological advancements.
- 2028: Significant progress is expected, with potential prices of ₹630 as Ola expands internationally and strengthens its brand presence.
- 2029: Continued expansion is expected, with a target of ₹720 as electric vehicle adoption rises and the company solidifies its industry position.
- 2030: Long-term expectations suggest a target price of ₹830, reflecting Ola Electric’s dominance in the EV market and success in scaling operations.
Summary of Expected Price Ranges
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹140 | ₹160 |
| 2025 | ₹360 | ₹380 |
| 2026 | ₹450 | ₹470 |
| 2027 | ₹540 | ₹570 |
| 2028 | ₹630 | ₹660 |
| 2029 | ₹720 | ₹750 |
| 2030 | ₹830 | ₹860 |
Shareholding Pattern of Ola Electric (As of June 2024)
- Promoters: 65.00% (Unchanged)
- Retail and Others: 20.00%
- Foreign Institutions (FII/FPI): 7.00% (Increased from 6.80%)
- Other Domestic Institutions: 5.00%
- Mutual Funds: 3.00% (Increased from 2.90%)
