Ola Electric Mobility Ltd, is an Indian company that makes electric scooters to provide a cleaner and greener way to travel. It was started in 2017 as part of Ola, the famous ride-hailing company.
Ola Electric builds battery-powered scooters that do not use petrol, helping to reduce air pollution and save money on fuel. These scooters can be charged at home or at Ola’s Hypercharger stations, which allow fast charging.
The company’s Ola S1 scooters are known for long battery life, high speed, and smart features like app control and keyless start. Ola Electric wants to make India a leader in electric vehicles and aims to replace petrol scooters with eco-friendly options.
Ola Electric Mobility Share Price Target (2025-2030)
| Year | Target Price Range (₹) |
|---|---|
| 2025 | ₹55.35 – ₹70.85 |
| 2026 | ₹72.20 – ₹78.65 |
| 2027 | ₹80.75 – ₹88.40 |
| 2028 | ₹90.10 – ₹100.95 |
| 2029 | ₹105.60 – ₹115.30 |
| 2030 | ₹120.45 – ₹135.80 |
Ola Electric Mobility Share Price Target (2025-2030)
Ola Electric Share Price Target 2025: ₹55.35 – ₹70.85
Ola Electric is expected to grow steadily in 2025 as demand for electric scooters increases and government policies continue to favor EV adoption. Expanding charging networks and improvements in battery technology could push the stock within this range.
Ola Electric Share Price Target 2026: ₹72.20 – ₹78.65
By 2026, Ola Electric’s market share in the EV space may strengthen. With potential new product launches, better financial performance, and a rise in consumer interest, the stock could see moderate growth.
Ola Electric Share Price Target 2027: ₹80.75 – ₹88.40
The company may reach profitability by 2027, leading to stronger investor confidence. If Ola Electric expands into electric cars and improves battery production, the stock may touch new highs.
Ola Electric Share Price Target 2028: ₹90.10 – ₹100.95
A major milestone year for Ola Electric! With further innovations in battery tech, affordable EV models, and a well-established charging infrastructure, the stock may surpass ₹100.
Ola Electric Share Price Target 2029: ₹105.60 – ₹115.30
By 2029, Ola Electric could be a leader in India’s EV industry. If the company maintains steady growth, improves cost efficiency, and expands globally, the stock could reach this range.
Ola Electric Share Price Target 2030: ₹120.45 – ₹135.80
A strong future awaits! If Ola Electric dominates the EV sector with innovative models, cost-effective batteries, and a profitable business model, the stock may surge past ₹130.
Ola Electric Mobility Ltd – Fundamentals (2025)
| Metric | Value |
|---|---|
| Market Cap | ₹22,292 Cr |
| P/E Ratio (TTM) | -12.24 |
| Debt to Equity Ratio | 0.51 |
| ROE (Return on Equity) | -24.86% |
| EPS (Earnings Per Share) | -4.13 |
| Book Value | ₹14.90 |
| Dividend Yield | 0.00% |
| Industry P/E | 19.54 |
| Revenue Trend | ₹1,300 Cr – ₹1,700 Cr |
Ola Electric Mobility Ltd – Income Statement (Dec 2024)
| Particulars | Dec ‘2024 (₹ Cr) |
|---|---|
| Revenue | ₹78.00 Cr |
| Expenses | ₹45.00 Cr |
| EBITDA | ₹58.00 Cr |
| EBIT | ₹57.00 Cr |
| Profit Before Tax | ₹33.00 Cr |
| Net Profit | ₹33.00 Cr |
Financial Ratios (Dec 2024)
| Metric | Value |
|---|---|
| Operating Profit Margin | 5,800% |
| Net Profit Margin | 3,300% |
| Earnings Per Share (EPS) | ₹0.07 |
| Dividends Per Share | ₹0.00 |
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Ola Electric Mobility Ltd – Balance Sheet (Dec 2024)
| Particulars | Dec ’24 (₹ Cr) |
|---|---|
| Total Assets | ₹7,735 Cr |
| Current Assets | ₹4,047 Cr |
| Non-Current Assets | ₹3,689 Cr |
| Total Liabilities | ₹5,716 Cr |
| Current Liabilities | ₹4,008 Cr |
| Non-Current Liabilities | ₹1,708 Cr |
| Total Equity | ₹2,019 Cr |
| Common Stock | ₹1,955 Cr |
| Preferred Stock | ₹2,973 Cr |
| Other Equity Total | ₹-2,909 Cr |
| Total Common Shares Outstanding | ₹195.54 Cr |
| Debt to Equity Ratio | 1.01 |
| Book Value | ₹-4.74 |
Ola Electric Mobility Ltd – Shareholding Pattern (Dec 2024)
| Category | Holding (%) |
|---|---|
| Retail & Others | 56.57% |
| Promoters | 36.78% |
| Mutual Funds | 4.09% |
| Foreign Institutions | 2.10% |
| Other Domestic Institutions | 0.46% |
Conclusion
Ola Electric is growing fast with rising demand for EVs and strong government support. Its smart scooters, expanding charging network, and brand power make it a promising investment. However, it’s not yet profitable and faces strong competition. If the company continues to innovate and expand, it could see major growth by 2030. Investors should track its financials and market position before making a decision.
FAQ
Is Ola Electric a profitable company?
No, Ola Electric is not yet profitable, as it is still investing heavily in R&D, infrastructure, and expansion. However, future growth could improve its financial position.
Does Ola Electric plan to launch electric cars?
Yes, Ola Electric has announced plans to launch electric cars in the future, which could expand its market presence beyond two-wheelers.
Does Ola Electric get government support?
Yes, the Indian government provides subsidies and incentives to boost electric vehicle adoption, which benefits Ola Electric and other EV companies.
What makes Ola Electric different from other EV companies?
Ola Electric stands out due to its mass production, in-house battery technology, fast-charging network, and focus on affordability.
