Ola Electric Mobility Limited (OLAELEC)
Ola Electric Mobility Limited has informed the exchange regarding a shareholders communication dated May 21, 2026
Shareholders letter highlights FY26 challenges and progress.
- Q4 consolidated gross margin rose to 38.5% from 13.7% last year.
- First operating cash-flow positive quarter with ₹91 crore CFO.
- Opex cut nearly 50% to ₹428 crore in Q4 FY26.
- April registrations up 20% MoM vs industry decline.
- Q1 FY27 orders expected 40,000–45,000; revenue ₹500–550 crore.
- Gigafactory capacity at 2.5 GWh, scaling to 6 GWh by quarter end.
- 15% of orders use own 4680 Bharat Cell; full transition by Sep 2026.
- Energy storage business Shakti gaining strong B2B interest.
- FY27 focus on volume recovery, margin leadership, and scale-up.
Source: Original filing PDF
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