OLECTRA GREENTECH LIMITED (OLECTRA): Financials & Fundamentals History

Share price

Closing priceAdjusted for splits and bonus issues.

3M1Y3YAll

₹1,079.5 latest close · −27.6% over the last 90 sessions

₹1,079.5 month-end · −13.7% over 12 months

₹1,079.5 month-end · −9.6% over 3 years

₹1,079.5 month-end · +378.4% since Jan '19

52-week range ₹866.60 to ₹1556.00 · 1-year volatility 43.6%

Was the rally earned?

1 year3 years5 years

-14%share price, 1 yearLower P/E held it back

Earnings helped, the multiple did not.

Per-share earnings added 21 points, but investors now pay less per rupee of profit (P/E 72.9x to 50.0x), which took 35 points back.
The share count barely moved.

Net profit growth+21 ptsNet profit rose about 25%, which lifts the price.

P/E change-35 ptsThe P/E fell from 72.9x to 50.0x, which lowers the price.

Share count change+1 ptsShare count was little changed. More shares would count against the price.

-10%share price, 3 yearsLower P/E held it back

Earnings helped, the multiple did not.

Per-share earnings added 95 points, but investors now pay less per rupee of profit (P/E 149.5x to 50.0x), which took 104 points back.
The share count fell 2%.

Net profit growth+93 ptsNet profit rose about 165%, which lifts the price.

P/E change-104 ptsThe P/E fell from 149.5x to 50.0x, which lowers the price.

Share count change+2 ptsShare count fell 2%, which lifts the price.

+31%share price, 5 yearsLower P/E held it back

Mostly yes, with a catch.

Per-share earnings added 355 points, but investors now pay less per rupee of profit (P/E 840.9x to 50.0x), which took 324 points back.
The share count barely moved.

Net profit growth+356 ptsNet profit rose about 2118%, which lifts the price.

P/E change-324 ptsThe P/E fell from 840.9x to 50.0x, which lowers the price.

Share count change-1 ptsShare count was little changed. More shares would count against the price.

What do "pts" mean?

"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.

Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.

Net profit is trailing twelve months as reported with a 60-day lag.

Compare this with MAHINDRA & MAHINDRA

How rough has the ride been?

Maximum drawdown-83.6%recovered 2021-07

1-year volatility43.6%annualised

Beta vs sector index1.063-year daily, correlation 0.41

Volume spikes1last 90 sessions, 5x the 50-day median

Drawdown from peak

Largest drawdowns

-83.6% (2019-03 peak to 2020-03 low, recovered 2021-07)

-58.8% (2024-02 peak to 2026-03 low, not yet recovered)

-57.8% (2021-12 peak to 2023-02 low, recovered 2023-06)

Most recent volume spikes

2026-09-23: 7.2x the 50-day median, price +4.8% that day

Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).

Is it expensive against its own past and its peers?

50.0xP/E todayNear its historic low

Against its own history10th percentile

CheapestMedian 121.7xDearest

Usual range 53.1x to 398.8x since 2019-01.

Against Consumer Durables50.0x vs 25.5x

This company

50.0x

Sector median

25.5x

96% above the Consumer Durables median.

P/EP/BP/S

P/E (this company)10th to 90th percentile of its own historyIts medianConsumer Durables median

The chart loads when you open this tab.

P/B (this company)10th to 90th percentile of its own historyIts medianConsumer Durables median

The chart loads when you open this tab.

P/S (this company)10th to 90th percentile of its own historyIts medianConsumer Durables median

How to read this

Shaded band: 10th to 90th percentile of the company's own P/E history; dotted line: its median; orange line: sector median (companies with a positive multiple, at least 5 in the sector).

Sector figures are built from today's listed companies, so they exclude companies that are no longer listed.

All terms explained in the glossary →

How Consumer Durables is valued

Where does it rank among Consumer Durables peers?

Each cell is the company's percentile rank among its Consumer Durables peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).

Where it ranks today

ROCE72nd▼ 4 pts vs a year ago
Op. margin60th▼ 7 pts vs a year ago
Revenue growth78th▼ 14 pts vs a year ago
EPS growth55th▼ 38 pts vs a year ago
Debt/equity ↓49th▼ 10 pts vs a year ago
Cash cycle ↓65thflat vs a year ago
P/E ↓19thflat vs a year ago
12M momentum47th▲ 16 pts vs a year ago

Rank history

ROCE

Op. margin

Revenue growth

EPS growth

Debt/equity ↓

Cash cycle ↓

P/E ↓

12M momentum

Dec '21Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '26Nov '26

Lower rank Higher rank Not enough data

Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.

The Consumer Durables sector page Watch it move against Consumer Durables in the Observatory

What is the price implying?

~34%annual earnings growth implied by the priceBelow delivered growth

At normalised P/E (five-year average earnings) of 89.9x, a holder earning 12%/yr needs earnings to grow about 33.8%/yr for 10 years, then trade at 15x.

Delivered56.6%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg

Gap−22.8 ptsimplied minus delivered

Rank789thmost demanding of 856

Over time

Implied growth by month (solid) and delivered growth (dashed).

Change the assumptions

Exit P/E / return	11%	12%	13%
12x	35.6%	36.8%	38.0%
15x	32.6%	33.8%	35.0%
20x	28.9%	30.0%	31.2%

Drag a slider to test other assumptions

Required return 12.0% Years 10 Exit P/E 15x Implied: 33.8%/yr

Looking back

Jan 2021Price implied 50%/yr; EPS has since grown 53%/yr (6.0 yrs)
Jan 2022Price implied 77%/yr; EPS has since grown 86%/yr (5.0 yrs)

Past comparisons cover only companies listed today (survivorship bias) and say nothing about future outcomes.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect. How this is calculated and the market-wide lists.

What prices imply across Consumer Durables The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov: ₹1079.50
P/E: 50.0x
ROCE: 21.0%
Market Cap: ₹8862 cr
Revenue (TTM): ₹2542 cr
P/S: 3.5x
P/B: 7.2x
ROE: 14.4%
Operating Margin: 12.0%
Debt / Equity: 0.3x
Promoter Holding: 50.0%
12M Momentum: -13.7%

52-week range

₹866.60₹1556.00

31% of the way from its 52-week low to its high

Price risk

1Y volatility

43.6%

Beta vs sector

1-year daily

1.10

Balance sheet & cash

Interest cover

operating profit ÷ interest

4.4x

Cash from profit, 3Y

operating cash flow ÷ net profit

0.97x

Share count, 1Y

unchanged

Are profits backed by cash?

6 of 7checks within range1 near a threshold

Other income reliance8%Within range

Other income as a share of pre-tax profit (trailing twelve months): 8.1%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate26%Within range

Median quarterly effective tax rate over about 2.5 years: 26.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion0.97xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 0.97x (cash from operations ₹388 cr, net profit ₹398 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow2 of 5 yrsNear threshold

Fiscal years with positive free cash flow in the last 5: 2. Bands: at least 80% of years, 40% to 80%, below 40%.

Receivable days vs history-6 daysWithin range

Debtor days are below the median of the previous three fiscal years by 6 days (156 vs 162). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress14% of fixed assetsWithin range

Capital work-in-progress is 14% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days-19 days / 2 yrsWithin range

Days payable changed by -19 over two years. Bands: rise of up to 30 days; more than 30 days.

Tap a check to see how it is measured

How to read this

Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.

All terms explained in the glossary →

Who has been buying and selling?

Over 3 years, institutional and promoter holdings were broadly unchanged.
The number of shareholders rose from 3.4 lakh to 4.3 lakh (+26%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change

Promoters50.0%50.0%0.0 pts

FIIs8.0%8.0%-0.1 pts

DIIs0.1%0.6%+0.4 pts

Public and others41.8%41.5%-0.4 pts

Number of shareholders

4.3 lakhshareholders+26% since Sep '23

Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.

This quarter's smart-money board

What happened next to similar setups

−13.8%typical 12-month return vs the marketNot meaningfully different from the base rate

We found 50 past situations where a non-financial company looked like OLECTRA GREENTECH LIMITED today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
Over the following 12 months the middle half of them returned −33% to +14% vs the market, against −5% for all non-financial companies in the same months.
The gap against the base rate (−9.0%, 80% range −21.9% to +0.7%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 1 beyond the range shown, drawn at the edge

Similar setups' median

−13.8%

All companies' median

−4.8%

Beat the market

40% vs 45%

50 past situations · 50 companies · 37 months · 2020–2025

The closest matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
INDOCO Health Technology	Sep 2021	45x	16%	+75%	−14%	−27%
POWERINDIA Electronic Technology	Nov 2022	62x	26%	+12%	−23%	+38%
PVRINOX Consumer Services	Apr 2020	26x	18%	−43%	−52%	−29%
TEGA Producer Manufacturing	Dec 2024	62x	19%	+36%	−29%	+18%
HLEGLAS Producer Manufacturing	Jul 2023	63x	24%	+3%	−20%	−53%

Show the other 3 matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
SOLARA Health Technology	Jul 2021	33x	15%	+116%	−9%	−78%
RKFORGE Producer Manufacturing	Jul 2024	53x	17%	+52%	−13%	−28%
SAFARI Consumer Durables	Nov 2020	39x	16%	−5%	−21%	+15%

How reliable is this?

Matched on P/E, P/S, ROCE, operating margin, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: drawdown from 12-month high, 12-month momentum and P/E. One match per company and at most 7 from any one month.

Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.

How this is built

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to OLECTRA GREENTECH LIMITED. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

Methodology

How historical analogs are built

Data as of 2026-11-09. Outcome pool: Jan 2020 to Oct 2025.

For every company we look at the situation it is in today (valuation, return on capital, margins, debt, growth, 12-month price momentum, drawdown, size and volatility) and find past company-months that looked most like it. We then show what happened to those past situations over the following 12 months, measured against the ApnaFunda All index and against the base rate. It describes history. It does not predict anything.

What is compared

Feature	Weight	Non-financial	Financial
P/E	1	yes	yes
P/S	1	yes	—
P/B	1	—	yes
ROCE	1	yes	—
operating margin	1	yes	—
ROE	1	—	yes
debt/equity	0.75	yes	—
interest cover	0.5	yes	—
revenue growth	0.75	yes	yes
12-month momentum	1	yes	yes
drawdown from 12-month high	0.75	yes	yes
size	0.75	yes	yes
volatility	0.5	yes	yes

Weights were set by judgement before any outcome was looked at and are never tuned on results. Loss-making companies (negative P/E or net profit) are only matched with other loss-making companies. Banks, NBFCs and insurers are compared only with each other and use a different feature set. Every feature is converted, month by month, to its rank among companies in the same pool in that month, so a P/E of 30 in a hot market and a P/E of 22 in a cold one can match if both were equally expensive for their time. Only that month's data is used.

How closeness and the sample are defined

Distance is the weighted root-mean-square gap between the standardised features both companies have. A match needs at least 70% of the query's feature weight, a distance of at most 0.9, and 30 matches at minimum to be shown. We keep up to 50 matches with these exclusions: never the company itself, one match per company (its closest month), and at most 7 from any one calendar month so a single market episode cannot dominate.

Base rate

The base rate is the distribution of 12-month returns, relative to the market, of every eligible company-month in the same pool, with each month weighted to match the months the analogs came from. It answers: how did a random company do in these same months? Because matches from nearby months share the same market conditions, we also report the number of distinct 12-month windows behind a result, and a bootstrap that resamples months decides whether the analog median differs from the base rate at all. "Not meaningfully different" is the usual outcome and the page copy is written for it.

Limits you should know

One market period. The outcome pool covers 2020–2025 only (70 months), including the 2020 crash and the 2020–21 rally.
Survivorship. Only companies listed today are included. Delisted and bankrupt companies are missing, which flatters past outcomes, particularly for distressed-looking setups.
Price return only. Dividends are excluded, and the benchmark is an ApnaFunda market-cap-weighted index of the same listed companies, not an official index.
Reporting lag. Fundamentals are matched on an assumed 60-day lag after the quarter end, not on real announcement dates.
Pools: non-financial: 98,395 company-months from 2019 companies; financial: 5,659 company-months from 108 companies. 2349 companies currently have a result; the rest are suppressed because too few comparable situations exist.

Does it work? A walk-forward check

The walk-forward check has not been run for this build, so skill is shown as not yet measured.

Disclaimer

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to any company shown. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

What else looks like this?

Companies with the most similar financial profile today, regardless of industry.

PRICOLPRICOLLTD

Producer Manufacturing

73%similar

market capdebt/equity

VENUS PIPES TUBESVENUSPIPES

Non-Energy Minerals

71%similar

ROCErevenue growth

SYRMA SGS TECHNOLOGY LIMITESYRMA

Electronic Technology

69%similar

EPS growthrevenue growth

AVALON TECHNOLOGIESAVALON

Electronic Technology

67%similar

operating margindebt/equity

PEARL GLOBAL INDUSTRIESPGIL

Consumer Non-Durables

64%similar

ROCEoperating margin

KDDLKDDL

Consumer Durables

66%similar

promoter holdingvolatility

SKY GOLD AND DIAMONDSSKYGOLD

Consumer Durables

63%similar

promoter holdingP/E

SAFARI INDUSTRIES INDIASAFARI

Consumer Durables

54%similar

operating marginrevenue

Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.

What changed?

30 events since Jul '23

2026
SepPriceVolume reached 7.2x its 50-day median on 2026-09-23; price +4.8% that day.
AugValuationP/E fell below the 10th percentile of its own history to date (59.1x).
JunPeer rankMoved into the 2nd quartile of Consumer Durables on EPS growth (from the 3rd quartile).
AprPeer rankSlipped to the 2nd quartile of Consumer Durables on ROCE (from the top quartile).
AprPriceVolume reached 8.0x its 50-day median on 2026-04-10; price +4.7% that day.
MarPriceFell 59% from the Feb 2024 peak to the Mar 2026 low.
MarPeer rankSlipped to the 3rd quartile of Consumer Durables on EPS growth (from the 2nd quartile).
MarPriceVolume reached 26.0x its 50-day median on 2026-03-18; price +16.9% that day.

Show 22 earlier events

2025
DecValuationP/E fell below the 10th percentile of its own history to date (68.9x).
DecPeer rankSlipped to the 2nd quartile of Consumer Durables on EPS growth (from the top quartile).
DecPriceVolume reached 6.9x its 50-day median on 2025-12-24; price +4.3% that day.
JulPriceVolume reached 49.1x its 50-day median on 2025-07-24; price +15.5% that day.
JunValuationP/E fell below the 10th percentile of its own history to date (69.3x).
JunPeer rankMoved into the top quartile of Consumer Durables on ROCE (from the 2nd quartile).
JunDividendDividend payout cut from 4% to 2% of profit.
MayPriceVolume reached 10.4x its 50-day median on 2025-05-27; price -6.5% that day.
MarPeer rankSlipped to the 2nd quartile of Consumer Durables on operating margin (from the top quartile).
FebValuationP/E fell below the 10th percentile of its own history to date (78.4x).
JanPriceVolume reached 24.0x its 50-day median on 2025-01-30; price +7.5% that day.
2024
DecPeer rankMoved into the top quartile of Consumer Durables on operating margin (from the 2nd quartile).
OctPriceVolume reached 6.0x its 50-day median on 2024-10-23; price +1.6% that day.
AugPriceVolume reached 13.4x its 50-day median on 2024-08-13; price +7.2% that day.
JunResultsRevenue (TTM) reached a new high of ₹1,154 cr.
JunPeer rankSlipped to the 2nd quartile of Consumer Durables on EPS growth (from the top quartile).
JunPriceVolume reached 10.0x its 50-day median on 2024-06-25; price +4.0% that day.
JanPriceRegained the 2023-07 peak, 5 months after the low.
JanPriceVolume reached 20.3x its 50-day median on 2024-01-10; price +11.1% that day.
2023
DecPriceVolume reached 19.6x its 50-day median on 2023-12-29; price +8.0% that day.
AugPriceFell 26% from the Jul 2023 peak to the Aug 2023 low.
JulPriceVolume reached 17.5x its 50-day median on 2023-07-10; price +4.5% that day.

Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.

Where price and fundamentals disagree, market-wide Rewind the whole market to any month

Monthly history60 months · 2021-12 to 2026-11

Month	P/E	Revenue (TTM)	ROE	ROCE	Debt / Equity
2026-11	50.0x	₹2542 cr	14.4%	21.0%	0.3x
2026-10	44.0x	₹2542 cr	14.7%	21.0%	0.3x
2026-09	52.5x	₹2542 cr	14.7%	21.0%	0.3x
2026-08	59.1x	₹2313 cr	14.6%	21.0%	0.3x
2026-07	61.2x	₹2313 cr	14.6%	21.0%	0.3x
2026-06	69.4x	₹2313 cr	14.6%	21.0%	0.3x
2026-05	67.7x	₹2117 cr	13.6%	21.0%	0.2x
2026-04	71.5x	₹2117 cr	13.6%	21.0%	0.2x
2026-03	55.5x	₹2117 cr	13.6%	21.0%	0.2x
2026-02	57.3x	₹1968 cr	13.6%	21.0%	0.2x
2026-01	62.3x	₹1968 cr	13.6%	21.0%	0.2x
2025-12	68.9x	₹1968 cr	13.6%	21.0%	0.2x
2025-11	72.9x	₹1835 cr	13.5%	21.0%	0.2x
2025-10	90.2x	₹1835 cr	13.5%	21.0%	0.2x
2025-09	90.5x	₹1835 cr	13.5%	21.0%	0.2x
2025-08	91.2x	₹1802 cr	13.3%	21.0%	0.2x
2025-07	83.3x	₹1802 cr	13.3%	21.0%	0.2x
2025-06	69.3x	₹1802 cr	13.3%	21.0%	0.2x
2025-05	76.8x	₹1642 cr	14.7%	15.0%	0.1x
2025-04	72.5x	₹1642 cr	14.7%	15.0%	0.1x
2025-03	72.9x	₹1642 cr	14.7%	15.0%	0.1x
2025-02	78.4x	₹1469 cr	12.5%	15.0%	0.1x
2025-01	107.3x	₹1469 cr	12.5%	15.0%	0.1x
2024-12	105.8x	₹1469 cr	12.5%	15.0%	0.1x
2024-11	158.4x	₹1252 cr	9.3%	15.0%	0.1x
2024-10	163.4x	₹1252 cr	9.3%	15.0%	0.1x
2024-09	164.2x	₹1252 cr	9.3%	15.0%	0.1x
2024-08	166.9x	₹1154 cr	8.6%	15.0%	0.1x
2024-07	182.6x	₹1154 cr	8.6%	15.0%	0.1x
2024-06	190.1x	₹1154 cr	8.6%	15.0%	0.1x
2024-05	218.5x	₹1091 cr	8.0%	13.0%	0.2x
2024-04	216.1x	₹1091 cr	8.0%	13.0%	0.2x
2024-03	236.4x	₹1091 cr	8.0%	13.0%	0.2x
2024-02	246.2x	₹1091 cr	8.0%	13.0%	0.2x
2024-01	218.0x	₹1091 cr	8.0%	13.0%	0.2x
2023-12	168.6x	₹1091 cr	8.0%	13.0%	0.2x
2023-11	149.5x	₹1091 cr	8.0%	13.0%	0.2x
2023-10	142.6x	₹1091 cr	8.0%	13.0%	0.2x
2023-09	150.3x	₹1091 cr	8.0%	13.0%	0.2x
2023-08	156.3x	₹1091 cr	8.0%	13.0%	0.2x
2023-07	143.9x	₹1091 cr	8.0%	13.0%	0.2x
2023-06	121.7x	₹1091 cr	8.0%	13.0%	0.2x
2023-05	170.5x	₹593 cr	4.5%	8.0%	0.1x
2023-04	153.5x	₹593 cr	4.5%	8.0%	0.1x
2023-03	143.7x	₹593 cr	4.5%	8.0%	0.1x
2023-02	115.6x	₹593 cr	4.5%	8.0%	0.1x
2023-01	109.6x	₹593 cr	4.5%	8.0%	0.1x
2022-12	114.8x	₹593 cr	4.5%	8.0%	0.1x
2022-11	116.0x	₹593 cr	4.5%	8.0%	0.1x
2022-10	130.2x	₹593 cr	4.5%	8.0%	0.1x
2022-09	136.1x	₹593 cr	4.5%	8.0%	0.1x
2022-08	144.2x	₹593 cr	4.5%	8.0%	0.1x
2022-07	148.2x	₹593 cr	4.5%	8.0%	0.1x
2022-06	136.3x	₹593 cr	4.5%	8.0%	0.1x
2022-05	597.7x	₹281 cr	1.1%	2.0%	0.0x
2022-04	651.9x	₹281 cr	1.1%	2.0%	0.0x
2022-03	683.2x	₹281 cr	1.1%	2.0%	0.0x
2022-02	646.9x	₹281 cr	1.1%	2.0%	0.0x
2022-01	857.3x	₹281 cr	1.1%	2.0%	0.0x
2021-12	814.3x	₹281 cr	1.1%	2.0%	0.0x

Older months are in the live observatory.

Methodology and data notes