Ola Electrical on Friday reported the contraction of web losses, whereas income from operations fell to Rs 455 crore within the April-June quarter of the continuing monetary yr 2027, down from Rs 828 crore reported within the corresponding quarter of the earlier yr. Nonetheless, income surged 72% from the Rs 265 crore reported within the earlier quarter (This fall FY26).
The Bhavish Aggarwal-led firm stated Q1 was the primary full quarter after its FY26 reset, throughout which it streamlined operations, tightened execution and lowered its working value base. Its orders rose to 44,071 models from 22,522 models in This fall FY26, whereas deliveries elevated to 39,192 models from 20,256 models.
Ola Electrical’s registrations rose 97% quarter-on-quarter to 43,921 models, outpacing the broader electrical two-wheeler market, which grew 17%. Ola’s market share improved to eight.4% in Q1 FY27 from 5.1% in This fall FY26.
Additionally learn | Ola Electric Q1 Results: Loss narrows to Rs 336 crore; revenue falls 45% YoY
Emkay on Ola Electrical share value
Emkay stated Ola Electrical has logged a blended Q1 FY27, with weak topline (down 45% YoY amid a 43% YoY drop in quantity and 11% QoQ decrease ASPs, primarily on an unfavorable combine) however enhancing margins. Reported gross margin declined by 816 bps QoQ amid elevated commodity prices, because it expects commodity stress to maintain margin range-bound for one more 1-2 quarters.
Whereas Ola’s quantity rose 93% QoQ to 39,200 models, Emkay maintains a cautious stance with regard to the sustainability of this restoration and sees quantity and share developments as monitorable, provided that Ola’s EV two-wheeler market share rise to eight.3% in Q1 is seeing a reversal to six.5% in July as incumbents (TVS, Bajaj, HMCL) are ramping up capacities, whereas competitors is prone to intensify as Ather’s AURIC plant comes on-line in Q3. Ola is adopting measures to enhance execution, reduce prices, and preserve money, in addition to enhance model notion (service-related points now being resolved). “We imagine this could possibly be a tough, long-drawn-out course of, because of higher focus by incumbents + scale-up at Ather, Emkay stated because it retained its ‘Promote’ name on the shares of Ola Electrical with a goal value of Rs 30 apiece, implying almost 27% draw back potential from the inventory’s earlier closing value.
Kotak Institutional Equities on Ola Electrical share value
Kotak Institutional Equities additionally maintained its ‘Promote’ name on the shares of Ola Electrical, with a goal value of Rs 20 apiece, implying 51% draw back potential. The brokerage famous that the corporate’s quantity scale stays the essential hurdle.
If present quantity trajectory doesn’t enhance, the corporate might be required to boost capital, Kotak stated, including that FCF outflow poses one other problem regardless of QIP.
Citi on Ola Electrical share value
Citi additionally maintained its ‘Promote’ name on the shares of Ola Electrical, with a goal value of Rs 26 apiece, implying 37% draw back potential. Weaker volumes and decrease gross margin was offset by value management and PLI penalty reversal, it stated.
Losses have been decrease than estimate, however volumes stay sluggish and ASPs weak, Citi stated, including that competitors is escalating. Constructive impression of shift to dealership-based mannequin is unsure at this stage, it additional stated.
Goldman Sachs on Ola Electrical share value
Goldman Sachs has a ‘Impartial’ score on the shares of Ola Electrical with a goal value of Rs 40 apiece, implying 3% draw back potential. The corporate’s money burn stays a priority, with FCF at destructive Rs 3.5 billion and no materials cell income anticipated in Q2, the worldwide brokerage stated.
It raises FY27-29 EPS estimates on quantity restoration, however execution and cash-flow dangers hold the Impartial view.
Ola Electrical share value
Ola Electric shares gained round 6% in every week however fell over 1.5% in a month, buying and selling at round Rs 41 apiece on Friday. The EV-scooter maker’s shares recorded sharp good points earlier final week after the corporate signed a memorandum of understanding (MoU) with Axis Vitality to deploy as much as 20 GWh of battery power storage methods (BESS) by 2032.
Regardless of the current good points, the shares of Bhavish Aggarwal’s firm stay within the deep pink for its IPO buyers. After a flat market debut in August 2024, Ola shares rallied sharply to hit a lifetime excessive of Rs 157.40 apiece later that yr. Nonetheless, the momentum reversed dramatically, with the inventory falling to a lifetime low in March 2026, almost one-seventh of its peak worth.
General, Ola Electrical shares have gained 9% in 2026 up to now, as robust gross sales information, PLI certification and different components boosted investor confidence within the EV scooter-maker. The inventory has almost doubled after hitting a lifetime low of Rs 22.25 apiece in March this yr. The corporate at present has a market capitalisation of greater than Rs 18,990 crore.
Additionally learn | Ola Electric shares jump 31% in 6 months. Should you buy, sell or hold?
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