Olectra Greentech Limited — Q1FY27 earnings call summary

Filed 17 August 2026 · Company audio recording

Targeting 2,500 electric bus deliveries in FY27 with confidence; 8,000 bus order book to be delivered over next 2 years.
New 9-meter bus platform launch expected by Q4 FY27; next-gen truck development ongoing.
Q1 EBITDA grew 30% YoY to ₹72.9 crore; PAT up 4% to ₹23.2 crore despite raw material cost headwinds.
Polymer insulator raw material prices surged 40-70% due to geopolitical issues; prices have since corrected ~40%, aiding margin recovery.
Mobility segment margins remain healthy despite product mix changes; energy segment margins expected to stabilize from Q2.
Insulator division aims 5x revenue growth in 3 years via new products (hollow/solid core insulators) and capacity expansion.
Energy division expanding capacity with new shed and equipment; export contributes ~35-40% of revenue.
New product development and capacity expansion underway to support 5x growth in insulator division.