Ola Electric Shares Hit All-Time Low of Rs 30.76, Drop 3.54% Amid Financial Struggles

2 min read     Updated on 27 Jan 2026, 03:37 PM
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Overview

Ola Electric Mobility shares plummeted to an all-time low of Rs 30.76 on NSE, settling at Rs 30.82 with a 3.54% decline. The company faces significant financial challenges with quarterly revenue dropping from Rs 1,214.00 crore in September 2024 to Rs 690.00 crore in September 2025. Annual revenue declined from Rs 5,009.83 crore in 2024 to Rs 4,514.00 crore in 2025, while net losses widened to Rs 2,276.00 crore, reflecting persistent operational difficulties in the electric vehicle sector.

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*this image is generated using AI for illustrative purposes only.

Ola Electric Mobility shares hit an all-time low of Rs 30.76 on the NSE before settling slightly higher at Rs 30.82, representing a decline of 3.54% from the previous close. The stock continues to trade near its record low levels, reflecting ongoing investor concerns about the electric vehicle manufacturer's financial performance.

Quarterly Financial Performance

The company's quarterly results reveal a concerning trend of declining revenues and persistent losses. The financial performance over recent quarters shows significant volatility in business operations.

Quarter: Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Revenue: Rs 1,214.00 Crore Rs 1,045.00 Crore Rs 611.00 Crore Rs 828.00 Crore Rs 690.00 Crore
Net Profit: -Rs 495.00 Crore -Rs 564.00 Crore -Rs 870.00 Crore -Rs 428.00 Crore -Rs 418.00 Crore
EPS: -1.20 -1.28 -1.97 -0.97 -0.95

The revenue trajectory shows a decline from Rs 1,214.00 crore in September 2024 to Rs 690.00 crore in September 2025, indicating challenges in maintaining sales momentum.

Annual Financial Trends

The annual financial results highlight the company's ongoing profitability challenges despite substantial revenue growth in previous years.

Year: 2022 2023 2024 2025
Revenue: Rs 373.42 Crore Rs 2,630.93 Crore Rs 5,009.83 Crore Rs 4,514.00 Crore
Net Profit: -Rs 784.15 Crore -Rs 1,472.08 Crore -Rs 1,584.40 Crore -Rs 2,276.00 Crore
EPS: -2.23 -3.91 -4.35 -5.48

Revenue for 2025 declined to Rs 4,514.00 crore compared to Rs 5,009.83 crore in 2024, while net losses widened significantly to Rs 2,276.00 crore.

Operational Metrics and Financial Health

The company's financial ratios reveal challenging operational conditions across multiple parameters.

Financial Ratio: Mar 2025 Mar 2024 Mar 2023 Mar 2022
Net Profit Margin (%): -50.42 -31.62 -55.95 -209.98
Operating Margin (%): -41.80 -27.78 -48.18 -205.27
Current Ratio: 1.87 1.01 1.47 3.51
Debt to Equity: 0.59 0.00 0.00 0.00

The net profit margin of -50.42% in March 2025 indicates substantial operational challenges, though it represents an improvement from the -55.95% recorded in March 2023.

Cash Flow Analysis

Cash flow statements reveal mixed results across different business activities, with significant outflows in operating and investing activities offset by financing inflows.

Cash Flow Category: Mar 2025 Mar 2024 Mar 2023 Mar 2022
Operating Activities: -2,391 -633 -1,507 -884
Investing Activities: -2,864 -1,136 -318 -1,321
Financing Activities: 5,429 1,589 658 3,084
Net Cash Flow: 174 -179 -1,167 878

Corporate Communications

Ola Electric Mobility Limited has maintained active communication with exchanges through regular press releases. According to BSE announcements, the company issued press releases on January 16, 2026, January 14, 2026, and January 13, 2026, keeping stakeholders informed about corporate developments.

Historical Stock Returns for Ola Electric Mobility

1 Day5 Days1 Month6 Months1 Year5 Years
-1.28%-15.31%-9.24%-26.74%-57.08%-65.42%
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Ola Electric Mobility Shares Fall for 10th Straight Day as CFO Resigns

1 min read     Updated on 20 Jan 2026, 10:09 AM
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Reviewed by
Suketu GScanX News Team
Overview

Ola Electric Mobility shares fell 4.50% on Tuesday, marking ten consecutive days of losses following CFO Harish Abichandani's resignation due to personal reasons. Deepak Rastogi has been appointed as the new CFO. The stock is trading at ₹34.00, near its all-time low, and has declined 78% from its post-listing high of ₹157.00.

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*this image is generated using AI for illustrative purposes only.

Ola Electric Mobility shares extended their losing streak to ten consecutive sessions on Tuesday, January 20, falling over 4.50% as the electric vehicle manufacturer grappled with leadership changes and continued market pressure.

Leadership Transition Announced

In an exchange filing on Monday, Ola Electric announced significant changes to its senior management team. The company revealed that CFO Harish Abichandani resigned citing personal reasons, with his departure taking effect immediately.

Position: Details
Outgoing CFO: Harish Abichandani
Reason: Personal reasons
Effective Date: Immediate
New CFO: Deepak Rastogi

Stock Performance Analysis

The electric vehicle manufacturer's shares have experienced significant volatility since the beginning of January. While the stock gained over 20% in the first three trading sessions of January across January 1, 2 and 5 on reports of market share improvements, it has been in a downward spiral since January 5.

Trading Metric: Current Status
Tuesday's Decline: 4.80%
Current Price: ₹34.00
All-time Low: ₹30.76
Post-listing High: ₹157.00
IPO Price: ₹76.00

Historical Performance Challenges

Since its listing in August last year, Ola Electric has struggled to maintain positive momentum. The stock has delivered negative returns in four out of the five full quarters that it has traded, reflecting ongoing market challenges in the electric vehicle sector.

The company made headlines in December when promoter Bhavish Aggarwal sold holdings worth nearly ₹300.00 crore. According to the company, this transaction was undertaken solely to fully repay a promoter level loan of approximately ₹260.00 crore and to release all 3.93% of shares that were previously pledged, thereby eliminating all promoter pledges.

Pending Disclosures

Ola Electric is yet to disclose several key financial documents that investors are awaiting:

  • Shareholding pattern for the quarter ended December 31
  • Financial results for the December-ended quarter

The stock's current trading level of ₹34.00 represents a decline of 78% from its post-listing high of ₹157.00 and marks a significant drop of more than 50% from its IPO price of ₹76.00 per share, highlighting the challenges facing the electric mobility sector.

Historical Stock Returns for Ola Electric Mobility

1 Day5 Days1 Month6 Months1 Year5 Years
-1.28%-15.31%-9.24%-26.74%-57.08%-65.42%
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More News on Ola Electric Mobility

1 Year Returns:-57.08%