Ola Electric Mobility Limited — Q4FY26 Earnings Call Summary

OLAELEC · Q4FY26 · Filed 25 May 2026

Key Takeaways

• Gigafactory capacity at 2.5 GWh operational, scaling to 6 GWh by Q2 FY27; plans to expand to 20 GWh next year
• Auto business near free cash flow generation; minimal CapEx expected going forward
• Multiple analyst queries on breakeven volume and cell cost advantage; management confirms 10-15% cost benefit from own cells at scale
• Q4 FY26 consolidated gross margin reached 38.5%, up from 34.3% in Q3 and 13.7% last year
• Adjusted EBITDA breakeven at 20,000-25,000 units/month; Q1 FY27 orders expected 40,000-45,000
• FY26 revenue 2,253 Cr with 173,794 deliveries; first operating cash flow positive quarter with 91 Cr CFO in Q4
• OpEx halved year-on-year; expected to reduce further to 100-120 Cr/month
• Bike segment growing fast with 50% market share; contributes 15% of April gross orders
• Strong demand rebound with inventory days down to 3-4 and broad-based market share recovery
• R&D to continue at mid-single digit % of revenue; focus on solid-state and sodium ion batteries at lab scale

📄 Source: View original transcript (PDF)

Summary generated by AI from the official transcript filed on BSE/NSE. Not investment advice.