Business Update Positive

2026-05-25 23:48

Ola Electric Mobility reported a strong Q4 FY26, achieving its first operating cash flow positive quarter with consolidated CFO of ₹91 Cr and Auto business free cash flow of ₹173 Cr. Consolidated gross margins reached an industry-leading 38.5%, significantly up from 13.7% YoY, driven by vertical integration and cost efficiencies. Operating expenses were halved YoY to ₹428 Cr in Q4 FY26 and are projected to reduce further to around ₹350 Cr/month. For Q1 FY27, the company anticipates 40,000-45,000 orders and consolidated revenue of ₹500-550 Cr, nearly double Q4 levels, with the Auto business expected to achieve adjusted operating EBITDA and cash flow positivity through FY27. The Gigafactory has 6 GWh installed capacity (2.5 GWh operational, 3.5 GWh by June 2026) and plans to expand to 20 GWh by next year with separate capital. The company expects a 10-15% cost advantage from its own cells and aims to transition its full vehicle portfolio to own cells by September 2026. Annual maintenance CapEx for Auto is guided at ~₹50 Cr. Net debt stood at ~₹950 Cr as of March 31, 2026, with ₹400+ Cr debt repayments planned for FY27.

Business Update Positive

2026-05-21 18:19

Ola Electric reported a Q4 FY26 consolidated gross margin of 38.5% (up from 34.3% in Q3 and 13.7% YoY) and achieved its first operating cash-flow positive quarter with a consolidated CFO of ₹91 crore. Opex reduced to ₹428 crore in Q4 FY26 from ₹844 crore in Q4 FY25. For Q1 FY27, the company expects 40,000-45,000 orders and consolidated revenue of ₹500-550 crore, nearly double Q4 levels. Management guided for the auto business to move towards Adjusted Operating EBITDA and free cash flow positivity through FY27, with a focus on recovering volumes, maintaining margin leadership, and scaling the Gigafactory and new energy storage solutions (Shakti and Mahashakti).

Business Update Neutral

2026-05-20 22:50

Ola Electric Mobility Limited informed the exchanges about the submission of the audio recording of its earnings conference call held on May 20, 2026. The call discussed the audited standalone and consolidated financial results for Q4 and the financial year ended March 31, 2026. The recording has been uploaded to the company's website.

Financials Negative

2026-05-20 15:54

Consolidated Revenue ₹265 Cr vs ₹611 Cr (▼56.6% YoY). EBITDA loss reduced to ₹242 Cr from ₹578 Cr (▲58.1% YoY). PAT loss reduced to ₹500 Cr from ₹870 Cr (▲42.5% YoY). EBITDA Margin -80.9% vs -79.4% (▼150 bps).

Financials Positive

2026-05-20 15:42

Ola Electric reported Q4 FY26 consolidated revenue from operations of ₹265 Cr. The company achieved its first operating cash flow positive quarter with consolidated CFO of ₹91 Cr. Gross margin significantly expanded to 38.5% in Q4 FY26 from 13.7% in Q4 FY25, and consolidated operating expenses reduced to ₹428 Cr from ₹844 Cr in Q4 FY25. Ola Electric expects Q1 FY27 orders to double Q-o-Q to nearly 45,000 units and projects the Auto business to move towards Adjusted Operating EBITDA and free cash flow positivity through FY27.

Routine Neutral

2026-05-20 15:31

New Filing detected. See link for details.

Financials Negative

2026-05-20 15:26

CRITICAL RED FLAG DETECTED

Ola Electric Mobility Limited reported consolidated quarterly results for Q4 FY26. Operating Revenue was ₹265 Cr compared to ₹611 Cr in Q4 FY25, a decrease of 56.63% YoY. EBITDA Loss was ₹242 Cr vs ₹578 Cr in Q4 FY25 (Loss reduced by 58.13% YoY). PAT Loss was ₹500 Cr vs ₹870 Cr in Q4 FY25 (Loss reduced by 42.53% YoY). EBITDA Margin improved from -94.60% to -91.32% (▲328 bps). The auditors highlighted a 'going concern' issue due to continued operating losses and negative cash flows.

Business Update Neutral

2026-05-16 03:20

Ola Electric Mobility Limited has re-scheduled its Earnings Conference Call for Q4 FY 2025-26. Originally set for May 18, 2026, at 05:00 P.M. (IST), the call will now be held on May 20, 2026, at 05:00 P.M. (IST) due to certain exigencies. The call is to discuss the financial results for the fourth quarter and financial year ended March 31, 2026.

Business Update Positive

2026-05-15 13:48

Ola Electric Mobility Limited's Board approved an investment of Rs. 2000 crores in its wholly-owned subsidiaries. Rs. 1500 crores will be invested in Ola Electric Technologies Private Limited (OET) for EV value-chain and manufacturing, and Rs. 500 crores in Ola Cell Technologies Private Limited (OCT) for battery manufacturing and services. The investments, to be completed by May 14, 2027, aim to support the subsidiaries' business requirements.

Business Update Neutral

2026-05-13 23:41

Ola Electric Mobility Limited announced an Earnings Conference Call to discuss its Q4 FY26 financial performance. The call is scheduled for Monday, May 18, 2026, at 05:00 P.M. (IST) and will feature Mr. Bhavish Aggarwal (MD) and Mr. Deepak Rastogi (CFO).

Business Update Positive

2026-05-08 13:11

Ola Electric announced on May 8, 2026, that its S1 X+ (5.2 kWh) scooter, powered by the indigenously developed 4680 Bharat Cell battery pack, has received government certification from the International Centre for Automotive Technology (ICAT) under the Central Motor Vehicle Rules. This certification makes it the longest-range product (320 km IDC range) in Ola Electric's mass market scooter portfolio, marking a significant step towards wider EV adoption and reinforcing the company's vertical integration in cell development and vehicle manufacturing.

Business Update Positive

2026-05-01 13:03

Ola Electric announced 20% month-on-month growth in April 2026 registrations, rising to 12,166 units from 10,133 units in March. This performance significantly outperformed the broader EV 2W industry, which declined over 22% MoM, making Ola the only leading EV two-wheeler brand to grow. The company highlighted stronger execution, stabilising operations, and growing customer confidence, along with the commercialisation of indigenously developed 4680 Bharat Cells.

Business Update Negative

2026-04-29 02:56

CRITICAL RED FLAG DETECTED

ICRA Limited has revised and/or reaffirmed credit ratings for Ola Electric Technologies Private Limited and Ola Cell Technologies Private Limited, wholly owned subsidiaries. Ola Electric Technologies' long-term ratings are [ICRA]BBB (Negative) and short-term [ICRA]A3+. Ola Cell Technologies' long-term ratings are [ICRA]BBB- (Negative) and short-term [ICRA]A3. The 'Negative' outlook on the long-term ratings indicates potential for future downgrades.

Business Update Positive

2026-04-27 23:40

Ola Electric Technologies Pvt Ltd (OET), a subsidiary of Ola Electric Mobility Ltd, allotted 12.76 Cr Series A OCRPS worth INR 127.64 Crores to Ola Cell Technologies Pvt Ltd (OCT), a fellow subsidiary, via preferential allotment approved on April 27, 2026.

Routine Neutral

2026-04-22 23:23

New Filing detected. See link for details.

Business Update Positive

2026-04-18 11:45

Ola Electric announced its 'Ola Sona Weekend' on April 18-19, 2026, offering benefits up to ₹50,000 for Akshaya Tritiya. Deals include discounts on EVs, a chance to win a gold-plated scooter, an 8-year extended warranty, and Roadster X+ 9.1 kWh at ₹1,39,999.

Routine Neutral

2026-04-14 20:21

Ola Electric submitted the Regulation 74(5) compliance certificate for the quarter ended March 31, 2026, confirming proper handling of dematerialized and share transfer requests by its Registrar and Share Transfer Agent, MUFG Intime India Private Limited.

Business Update Positive

2026-04-13 15:03

Ola Electric launched its new S1 X+ 5.2 Kwh electric scooter with 4680 Bharat Cells on April 13, 2026, priced at ₹1,29,999. It offers a 320 km range, making long-range EVs more accessible domestically.

Routine Neutral

2026-04-13 14:22

New Filing detected. See link for details.

Business Update Positive

2026-04-13 13:52

Ola Electric launched the S1 X+ 5.2 kWh EV scooter, powered by 4680 Bharat Cells, offering 320 km range and 125 km/h top speed. Priced at an introductory ₹1,29,999 (valid till April 15, 2026), it aims to make long-range EV scooters more accessible.

Business Update Positive

2026-04-07 15:23

Ola Electric announced on April 7, 2026, the readiness of its indigenous 46100 LFP cell, a key milestone for electric mobility, offering improved scale and cost efficiency. Its Gigafactory is scaling from 2.5 GWh to 6 GWh, with the new cells entering products next quarter.

Business Update Positive

2026-04-07 14:59

Ola Electric announced its LFP cell is ready for prime time and will enter products next quarter. The Gigafactory ramp-up is progressing well, with thousands of vehicles using their 4680 cells already on roads. The LFP cell is expected to reduce vehicle cost and accelerate EV adoption.

Business Update Positive

2026-04-03 12:42

Ola Electric secured PLI Certification for its Roadster X+ 4.5 kWh, making it the first motorcycle in the Roadster portfolio to achieve this. The company also announced a price reduction for the Roadster X+ 9.1 kWh to ₹1,29,999, aiming to boost market accessibility.

Business Update Positive

2026-04-02 11:21

Ola Electric cut Roadster 9.1 price by ₹60,000 to ₹1,29,999 due to scaling 4680 Bharat Cell production and strong demand (5X surge), moving to limited purchase windows. The company also reported over 150% MoM growth in registrations in March 2026.

Business Update Positive

2026-04-01 20:50

Ola Electric reported a strong comeback in March 2026 with daily orders exceeding 1,000 units and registrations jumping over 150% M-o-M to 10,117 units. The company also crossed 1 million cumulative registrations and launched new ownership assurances.

Routine Neutral

2026-04-01 10:54

New Filing detected. See link for details.

Ownership Neutral

2026-03-31 22:57

Ola Electric announced the closure of its trading window from April 1, 2026, which will re-open 48 hours after the declaration of financial results for the quarter and financial year ending March 31, 2026, as per SEBI PIT Regulations.

Business Update Positive

2026-03-26 16:24

Ola Electric launched its #EndICEAge_Campaign offering EVs from ₹49,999 with Service Trust and Buyback Guarantees, plus benefits up to ₹50,000, valid until March 31, 2026, to accelerate EV adoption.

Business Update Positive

2026-03-25 15:07

Ola Electric expands its ‘Ola Insiders' Upgrade Program to over 150 cities following strong initial traction, with over 50,000 customers expressing interest. The program enables existing Gen 1 and Gen 2 customers to upgrade to latest Gen 3 S1 portfolio and Roadster motorcycles, offering attractive benefits.

Governance Neutral

2026-03-23 19:50

Ola Electric Mobility Limited seeks shareholder approval via postal ballot to vary the objects and modify the time limit for utilizing IPO proceeds. Funds are reallocated, reducing R&D by ₹575 Cr, while increasing funds for organic growth by ₹100 Cr and repayment of indebtedness by ₹475 Cr. Utilization timelines are extended to FY 2026-27.

Business Update Positive

2026-03-19 11:37

On March 19, 2026, Ola Electric launched its Navratri Mahotsav festive campaign, offering benefits over ₹30,000 including cash discounts, extended warranty, and cashback. The company also expanded its Ola Insider Upgrade Program across India to 60% of its customer base.

Governance Positive

2026-03-18 18:34

Ola Electric's Board on March 18, 2026, approved reallocating IPO proceeds. Funds from R&D (Object 3) will be moved to increase organic growth (Object 4, from ₹1200Cr to ₹1300Cr) and significantly boost debt repayment (Object 6, from ₹395Cr to ₹870Cr). Subject to shareholder approval.

Business Update Neutral

2026-03-16 23:03

Ola Electric clarifies a news report about a ₹2,000Cr fundraise for its battery arm. The company states it continuously evaluates fund-raising opportunities and will disclose any material developments as per SEBI regulations, denying knowledge of any undisclosed information affecting stock movement.

Routine Neutral

2026-03-16 17:39

New Filing detected. See link for details.

Business Update Positive

2026-03-14 11:39

Ola Electric launched its #EndICEAge campaign on March 14, 2026, to accelerate EV adoption. It offers limited-period benefits worth over ₹20,000, including a ₹10,000 cash discount and an 8-year battery warranty, plus a social initiative to refund petrol expenses for new customers.

Business Update Positive

2026-03-10 17:13

Ola Electric launched 'Champions Edition' of S1 Pro+ (5.2 kWh) and Roadster X+ (9.1 kWh) electric vehicles on March 10, 2026. These limited editions, celebrating India's T20 World Cup victory, are available at no extra cost until the end of April 2026.

Business Update Positive

2026-03-09 17:31

Ola Electric launched #ChampionMahotsav on March 9, 2026, offering ₹10,000 benefits across its vehicle portfolio for three days. This campaign commemorates India's third ICC Men's T20 World Cup victory and aims to boost sales and customer engagement.

Business Update Positive

2026-03-03 12:25

Ola Electric announced its Holi Mahotsav on March 3, 2026, starting its Roadster motorcycle range at ₹79,999. This aims to bring electric motorcycles at par with entry-segment ICE bikes, accompanied by festive offers, community benefits, and extended warranties.

Business Update Positive

2026-03-01 15:51

Ola Electric launched 'Ola Insiders', an exclusive community program for its over 1 million existing riders. The program offers benefits up to ₹50,000 for vehicle upgrades, add-ons, and referrals, aiming to enhance customer engagement and support seamless vehicle ownership.

Governance Positive

2026-02-28 22:27

Members of Ola Electric Mobility Limited approved the appointment of Mr. Navalur Dattatreya Singh Shashank as a Non-Executive Independent Director through a postal ballot and remote e-voting, with the resolution passed with requisite majority on February 28, 2026.

Business Update Positive

2026-02-18 23:25

Transcript of Ola Electric's Q3 FY26 earnings call for the quarter ended December 31, 2025, revealing ₹470Cr consolidated revenue and a record 34.3% gross margin (▲16% pts YoY). Capex cycle is complete; focus shifts to scaling. Service challenges are acknowledged and being addressed.

Business Update Positive

2026-02-17 22:40

Ola Electric clarifies that the High Court of Bombay at Goa has stayed the bailable warrant issued by the District Consumer Commission against Ola CEO Bhavish Aggarwal. The High Court also observed that the Commission exceeded its jurisdiction.

Business Update Neutral

2026-02-14 16:00

Ola Electric Mobility Limited submitted the audio recording of its earnings conference call held on February 13, 2026, concerning the unaudited standalone and consolidated financial results for the third quarter and nine months ended December 31, 2025. The recording is available on the company's investor website.

Financials Negative

2026-02-13 17:39

Consolidated Revenue ₹470Cr vs ₹1,045Cr (▼55% YoY). Consolidated EBITDA loss decreased from ₹333Cr to ₹237Cr (▲29% YoY). Consolidated PAT loss decreased from ₹564Cr to ₹487Cr (▲14% YoY). EBITDA Margin -50.4% vs -31.9% (▼1856bps).

Business Update Neutral

2026-02-13 17:31

Ola Electric submitted the Monitoring Agency Report by ICRA for Q3 FY26 on IPO proceeds utilization. While fund reallocations and time extensions occurred, these were approved by shareholders at the August 22, 2025 AGM. No material unapproved deviations from the revised objects of the INR 5500.000 Crore IPO were observed.

Financials Negative

2026-02-13 16:29

Consolidated Revenue ₹470Cr vs ₹1,045Cr (▼57.5% YoY). EBITDA ₹(237)Cr vs ₹(333)Cr (loss reduced by 28.8% YoY), PAT ₹(487)Cr vs ₹(564)Cr (loss reduced by 13.7% YoY). EBITDA Margin -47.0% vs -28.4% (▼1860bps).

Financials Negative

2026-02-13 16:18

Ola Electric submitted its Q3 FY26 Investor Presentation for results ended Dec 31, 2025. Consolidated Revenue was ₹470 Cr. Gross Margin expanded to 34.3% (▲15.7pp YoY), but Adjusted Operating EBITDA Margin was -68.7%. The company noted a structural reset for long-term sustainability.

Financials Positive

2026-02-13 16:10

Consolidated Revenue from operations for Q3 FY26 was ₹470 Cr. Consolidated Gross Margin significantly expanded to 34.3% in Q3 FY26 from 18.6% in Q3 FY25 (▲15.7 percentage points YoY), reflecting a structural reset and lower breakeven.

Financials Negative

2026-02-13 16:04

Consolidated Revenue for Q3 FY26 was ₹470 Cr. Consolidated Gross Margin was 34.3% (expanded 15.7 pp YoY). Consolidated Adjusted Operating EBITDA Margin was -68.7%.

Financials Negative

2026-02-13 15:58

Consolidated Revenue ₹470 Cr vs ₹1,045 Cr (▼55.0% YoY). EBITDA Loss ₹237 Cr vs ₹333 Cr (▲28.8% YoY reduction in loss). PAT Loss ₹487 Cr vs ₹564 Cr (▲13.6% YoY reduction in loss). EBITDA Margin -50.4% vs -31.9% (▼1856bps).

Financials Neutral

2026-02-10 22:30

Ola Electric will host an Earnings Conference Call on February 13, 2026, at 05:00 P.M. (IST) to discuss its Q3 FY26 and nine-month financial performance ended December 31, 2025, with analysts and investors.

Business Update Positive

2026-02-01 13:19

Ola Electric commenced deliveries of its Ola Shakti 9.1kWh residential Battery Energy Storage System (BESS) powered by 4680 Bharat Cells. The company also secured BIS certification for the 5.2kWh variant, expanding its clean energy portfolio. Deliveries for the 6kW/9.1kWh configuration began in Bengaluru.

Routine Neutral

2026-01-29 21:32

New Filing detected. See link for details.

Governance Neutral

2026-01-19 21:49

Ola Electric Mobility Limited announced on January 19, 2026, the authorization of its Key Managerial Personnel (KMP) – Mr. Bhavish Aggarwal (Chairman & MD), Mr. Deepak Rastogi (CFO), and Mr. Abhishek Jain (CS & Compliance Officer) – to determine materiality and make disclosures to stock exchanges as per SEBI regulations.

Governance Negative

2026-01-19 21:03

CRITICAL RED FLAG DETECTED

Ola Electric Mobility Limited announced the appointment of Mr. Deepak Rastogi as Chief Financial Officer (CFO) effective January 20, 2026, following the resignation of Mr. Harish Abichandani as CFO, effective January 19, 2026.

Governance Negative

2026-01-19 20:59

CRITICAL RED FLAG DETECTED

Ola Electric's Board Meeting on Jan 19, 2026, approved the appointment of Mr. Deepak Rastogi as Chief Financial Officer, effective Jan 20, 2026. Simultaneously, Mr. Harish Abichandani resigned from the CFO position, effective Jan 19, 2026.

Routine Positive

2026-01-16 13:47

Ola Electric secured BIS certification for its 'शक्ति' 9.1kWh battery pack on January 16, 2026, and will begin deliveries end of January. The product is priced between ₹1,49,999 and ₹2,49,999.

Routine Neutral

2026-01-15 19:28

Ola Electric submitted a certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ending December 31, 2025, confirming dematerialization of securities. Dated January 15, 2026.

Financials Positive

2026-01-14 13:12

Ola Electric announced expansion of its 4680 Bharat Cell platform beyond mobility, opening sales to businesses and startups. Deliveries of Roadster X+ and S1 Pro+ have begun, along with Ola Shakti BESS. Dated January 14, 2026.

Routine Neutral

2026-01-13 18:02

Ola Electric announced the re-introduction of its 'Ola Muhurat Mahotsav' campaign on January 13, 2026, offering discounts on its 4680 Bharat Cell product portfolio, including Ola Shakti, S1 Pro+, and Roadster X+.

Routine Positive

2026-01-12 15:18

Ola Electric announced the rollout of its first 'शक्ति' home energy storage system from its Gigafactory on January 12, 2026. It's available in 1.5kWh to 9.1kWh configurations and aims to provide reliable, affordable energy storage.

OLAELEC

Ola Electric Mobility Limited

Filing History

Unlock Full History