Olectra Greentech Limited — Q4FY26 earnings call summary

Filed 05 June 2026 · Official transcript

New bus platform launch planned Q4 FY27; truck platform development ongoing with pilot of 100 trucks
Capex INR 400 Cr in FY26; similar amount planned over next two years for platform expansion
FY26 revenue grew 28% y-y to INR 2,312 Cr; EBITDA INR 352 Cr (+27% y-y), margin ~15%; PAT INR 179 Cr (+29%)
Management expects EBITDA margin to stabilize between 12-15% with volume growth
EV bus deliveries rose 32% y-y to 1,280 units; FY27 delivery target ~2,500 vehicles with quarter-on-quarter ramp-up
Insulator business exports ~45-50% of revenue; FY27 revenue growth target 50%
Order book ~10,000 buses, mix ~55% 9m and 45% 12m buses; deliveries ongoing to MSRTC, BEST
Platforms support megawatt charging and battery swapping; battery-agnostic modular architecture