Ola Electric Share Price Target (2024-2050): Ola Electric Mobility is a corporation engaged in the production of electric vehicles (EVs) in India. The company also makes parts used in electric vehicles such as battery packs, motors, and vehicle frames; it has its Ola Future Factory for this purpose. Research and Development (R&D) alongside technology forms part of its business strategy too. Ola Electric conducts R&D from India, the United Kingdom and even the United States.Â
In Tamil Nadu, India, the firm is developing an electric vehicle hub in Krishnagiri district as well as Dharmapuri district. It comprises the existing Ola Future Factory, future Ola Gigafactory among other suppliers located at Krishnagiri district. At Ola Future Factory where they assemble their EV scooters using their own components as well as externally sourced components including cells among others.
The organisation also manages the Battery Innovation Centre (BIC) in Bengaluru, IN, which deals with the development of numerous production processes in addition to cell and battery technologies. Mr. Bhavish Aggarwal is the managing director of Ola Electric, which was founded in 2017.
Ola Electric Share Price Target: 2024, 2025, 2030, 2035, 2040, 2045, 2050 : Financials and share price today
The shares of Ola Electric Mobility, the largest electric two-wheeler company in India, fell more than 3% to Rs 114, extending a downward trend that started with the company’s market share and persisted for a fourth trading session. According to data, its market share dropped from 49% at the end of the June quarter to 31% at the end of August. The share’s all-time high is 157.40, and it’s all-time low is 76.
With a market valuation of ₹52,043 crore and a 78.54% return on equity (ROE), the company is very profitable in relation to shareholder equity. With a price-to-earnings (P/E) ratio of 32.87 (TTM) compared to the industry average of 24.19, the company appears to be trading at a premium multiple. With a price-to-book ratio of 8.25 and earnings per share (EPS) of 3.59 (TTM), the company is trading above its book value of ₹14.30 per share. At this time, the company doesn’t give a dividend yield. Its face value is ₹10, and its debt-to-equity ratio is 1.34, indicating a moderate amount of leverage.
Ola Electric Mobility is a corporation engaged in the production of electric vehicles (EVs) in India. The company also makes parts used in electric vehicles such as battery packs, motors, and vehicle frames; it has its Ola Future Factory for this purpose. Research and Development (R&D) alongside technology forms part of its business strategy too. Ola Electric conducts R&D from India, the United Kingdom and even the United States.
In Tamil Nadu, India, the firm is developing an electric vehicle hub in Krishnagiri district as well as Dharmapuri district. It comprises the existing Ola Future Factory, future Ola Gigafactory among other suppliers located at Krishnagiri district. At Ola Future Factory where they assemble their EV scooters using their own components as well as externally sourced components including cells among others. The company also runs Battery Innovation Centre (BIC) in Bengaluru, IN that handles cell and battery technology development alongside various manufacturing processes.
Key Factors Influencing Ola Electric Share Price Target in (2024-2050)
Standalone Financial PerformanceÂ
Balance Sheet of Ola Electric Mobility (in Rs. Cr.) | Mar 23 | Mar 22 | Mar 21 | Mar 20 |
12 months | 12 months | 12 months | 12 months | |
EQUITIES AND LIABILITIES | ||||
SHAREHOLDER’S FUNDS | ||||
Equity Share Capital | 1,955.45 | 1,955.45 | 0.01 | 0.01 |
Total Share Capital | 1,955.45 | 1,955.45 | 0.01 | 0.01 |
Reserves and Surplus | 683.33 | 560.79 | 2,068.58 | 2,130.03 |
Total Reserves and Surplus | 683.33 | 560.79 | 2,068.58 | 2,130.03 |
Total Shareholders Funds | 2,638.78 | 2,516.24 | 2,068.59 | 2,130.04 |
NON-CURRENT LIABILITIES | ||||
Long Term Borrowings | 0 | 0 | 0 | 0 |
Deferred Tax Liabilities [Net] | 0 | 0 | 0 | 0 |
Other Long Term Liabilities | 1.97 | 0 | 2.43 | 2.87 |
Long Term Provisions | 0.49 | 0.51 | 1.88 | 0.94 |
Total Non-Current Liabilities | 2.46 | 0.51 | 4.31 | 3.8 |
CURRENT LIABILITIES | ||||
Short Term Borrowings | 0 | 0 | 0 | 0 |
Trade Payables | 27.7 | 84.72 | 2.75 | 3.06 |
Other Current Liabilities | 225.65 | 64.64 | 73.89 | 40.78 |
Short Term Provisions | 6.25 | 1.72 | 2.27 | 1.27 |
Total Current Liabilities | 259.6 | 151.08 | 78.91 | 45.11 |
Total Capital And Liabilities | 4,710.54 | 4,471.95 | 2,151.82 | 2,178.95 |
ASSETS | ||||
NON-CURRENT ASSETS | ||||
Tangible Assets | 9.23 | 8.8 | 9.18 | 18.75 |
Intangible Assets | 19.82 | 24.16 | 25.91 | 21.38 |
Capital Work-In-Progress | 7.35 | 3.6 | 2.69 | 0.94 |
Other Assets | 0 | 0 | 0 | 0 |
Fixed Assets | 134.47 | 64.94 | 75.66 | 49.35 |
Non-Current Investments | 2,375.83 | 897.24 | 138.3 | 0 |
Deferred Tax Assets [Net] | 0 | 0 | 0 | 0 |
Long Term Loans And Advances | 58.31 | 53.47 | 45.62 | 0.07 |
Other Non-Current Assets | 225.89 | 272.27 | 42.88 | 20.76 |
Total Non-Current Assets | 2,794.50 | 1,287.92 | 302.46 | 70.17 |
CURRENT ASSETS | ||||
Current Investments | 238.15 | 1,064.58 | 450.4 | 20.21 |
Inventories | 14.13 | 13.06 | 0 | 0 |
Trade Receivables | 16.38 | 11.41 | 0.08 | 0.02 |
Cash And Cash Equivalents | 1,224.83 | 1,848.83 | 1,347.76 | 2,039.96 |
Short Term Loans And Advances | 0 | 0 | 1.44 | 0.08 |
OtherCurrentAssets | 422.55 | 246.15 | 49.68 | 48.51 |
Total Current Assets | 1,916.04 | 3,184.03 | 1,849.35 | 2,108.79 |
Total Assets | 4,710.54 | 4,471.95 | 2,151.82 | 2,178.95 |
OTHER ADDITIONAL INFORMATION | ||||
CONTINGENT LIABILITIES, COMMITMENTS | ||||
Contingent Liabilities | 1,640.43 | 744.99 | 137.47 | 75.01 |
CIF VALUE OF IMPORTS | ||||
Raw Materials | 0 | 0 | 0 | 0 |
Stores, Spares And Loose Tools | 0 | 0 | 0 | 0 |
Trade/Other Goods | 0 | 0 | 0 | 0 |
Capital Goods | 0 | 0 | 0 | 0 |
EXPENDITURE IN FOREIGN EXCHANGE | ||||
Expenditure In Foreign Currency | 0 | 0 | 0 | 0 |
REMITTANCES IN FOREIGN CURRENCIES FOR DIVIDENDS | ||||
Dividend Remittance In Foreign Currency | — | — | — | — |
EARNINGS IN FOREIGN EXCHANGE | ||||
FOB Value Of Goods | — | — | — | — |
Other Earnings | — | — | — | — |
BONUS DETAILS | ||||
Bonus Equity Share Capital | 1,955.44 | 1,955.44 | — | — |
NON-CURRENT INVESTMENTS | ||||
Non-Current Investments Quoted Market Value | — | — | — | — |
Non-Current Investments Unquoted Book Value | 2,375.83 | 897.24 | 138.3 | — |
CURRENT INVESTMENTS | ||||
Current Investments Quoted Market Value | — | — | — | — |
Current Investments Unquoted Book Value | 238.15 | 1,064.58 | 450.4 | 20.21 |
Consolidated Financial PerformanceÂ
Balance Sheet of (in Rs. Cr.) | Mar 24 | Mar 23 | Mar 22 |
12 months | 12 months | 12 months | |
EQUITIES AND LIABILITIES | |||
SHAREHOLDER’S FUNDS | |||
Equity Share Capital | 1,955.45 | 1,955.45 | 1,955.45 |
Total Share Capital | 1,955.45 | 1,955.45 | 1,955.45 |
Reserves and Surplus | -2,909.43 | -1,408.70 | -98.12 |
Total Reserves and Surplus | -2,909.43 | -1,408.70 | -98.12 |
Total Shareholders Funds | -953.98 | 546.75 | 1,857.33 |
Minority Interest | 0 | 0 | 0 |
NON-CURRENT LIABILITIES | |||
Long Term Borrowings | 1,318.60 | 700.33 | 523.79 |
Deferred Tax Liabilities [Net] | 0 | 0 | 0 |
Other Long Term Liabilities | 374.23 | 160.44 | 49.04 |
Long Term Provisions | 15.35 | 5.05 | 5.07 |
Total Non-Current Liabilities | 1,708.18 | 865.82 | 577.9 |
CURRENT LIABILITIES | |||
Short Term Borrowings | 1,070.61 | 945.42 | 226.62 |
Trade Payables | 1,348.47 | 693.34 | 356.84 |
Other Current Liabilities | 1,416.54 | 632.29 | 514.5 |
Short Term Provisions | 172.27 | 79.85 | 58.55 |
Total Current Liabilities | 4,007.89 | 2,350.90 | 1,156.51 |
Total Capital And Liabilities | 7,735.41 | 5,573.17 | 5,395.86 |
ASSETS | |||
NON-CURRENT ASSETS | |||
Tangible Assets | 1,960.27 | 1,010.91 | 890.07 |
Intangible Assets | 522.27 | 201.78 | 128.27 |
Capital Work-In-Progress | 419.4 | 130.91 | 18.35 |
Fixed Assets | 3,195.15 | 1,719.87 | 1,101.35 |
Non-Current Investments | 37.86 | 37.86 | 37.86 |
Deferred Tax Assets [Net] | 0 | 0 | 0 |
Long Term Loans And Advances | 0 | 0 | 0 |
Other Non-Current Assets | 447.26 | 359.62 | 186.93 |
Total Non-Current Assets | 3,688.80 | 2,123.54 | 1,332.33 |
CURRENT ASSETS | |||
Current Investments | 25.86 | 238.15 | 1,064.58 |
Inventories | 693.99 | 583.96 | 284.29 |
Trade Receivables | 158.48 | 84.25 | 15.22 |
Cash And Cash Equivalents | 1,663.09 | 1,529.29 | 2,096.76 |
Short Term Loans And Advances | 0 | 0 | 0 |
OtherCurrentAssets | 1,505.20 | 1,013.98 | 602.68 |
Total Current Assets | 4,046.61 | 3,449.63 | 4,063.53 |
Total Assets | 7,735.41 | 5,573.17 | 5,395.86 |
OTHER ADDITIONAL INFORMATION | |||
CONTINGENT LIABILITIES, COMMITMENTS | |||
Contingent Liabilities | 2,455.61 | 2,001.60 | 871.21 |
BONUS DETAILS | |||
Bonus Equity Share Capital | 1,955.44 | 1,955.44 | 1,955.44 |
NON-CURRENT INVESTMENTS | |||
Non-Current Investments Quoted Market Value | 0 | 0 | 0 |
Non-Current Investments Unquoted Book Value | 37.86 | 37.86 | 37.86 |
CURRENT INVESTMENTS | |||
Current Investments Quoted Market Value | 0 | 0 | 0 |
Current Investments Unquoted Book Value | 25.86 | 238.15 | 1,064.58 |
Market Trends and Industry Outlook: Ola Electric Share Price Target (2024-2050)
- EV Market Growth: It is anticipated that the EV market in India and globally will experience substantial growth in the coming years due to such factors as environmental concerns, government subsidies and advancements in technology. This aligns Ola Electric with its concentration on electric scooters and their wide product range (for instance, possibly future cars as well as trucks) making them a good player within this expanding market.
- Technology and Innovation: According to the latest developments from October 2023, OLA Electric’s research and development investments in India, the UK and the US particularly on battery technology and electric mobility solutions could result in breakthroughs in technology that will improve product offerings while making them cheaper.
Ola Electric Share Price Target (2024-2050): Challenges and Risks
- Market Competition: As more players enter the EV market, especially in India, competition could impact Ola Electric’s market share and margins.
- Operational and Financial Risks: The company’s fluctuating reserves and surplus and substantial contingent liabilities (₹1,640.43 crore in 2023) suggest financial volatility. A significant drop in market share from 49% to 31% also highlights potential operational challenges.
Ola Electric Share Price Target (2024-2050): Year-wise
Year | Low Price Target (INR) | High Price Target (INR) |
2024 | 95 – 120 | 135 – 160 |
2025 | 110 – 135 | 160 – 190 |
2026 | 120 – 150 | 180 – 220 |
2027 | 130 – 160 | 200 – 240 |
2028 | 140 – 170 | 220 – 260 |
2029 | 150 – 180 | 240 – 280 |
2030 | 150 – 190 | 220 – 270 |
2031 | 160 – 200 | 240 – 290 |
2032 | 170 – 210 | 260 – 310 |
2033 | 180 – 220 | 280 – 330 |
2034 | 190 – 230 | 300 – 350 |
2035 | 200 – 260 | 320 – 400 |
2036 | 220 – 280 | 350 – 430 |
2037 | 240 – 300 | 380 – 460 |
2038 | 260 – 320 | 410 – 490 |
2039 | 280 – 340 | 440 – 520 |
2040 | 270 – 340 | 450 – 560 |
2041 | 300 – 380 | 500 – 610 |
2042 | 320 – 400 | 530 – 650 |
2043 | 340 – 420 | 560 – 690 |
2044 | 360 – 440 | 590 – 730 |
2045 | 350 – 440 | 600 – 750 |
2046 | 380 – 480 | 640 – 800 |
2047 | 400 – 500 | 670 – 850 |
2048 | 420 – 520 | 700 – 900 |
2049 | 440 – 540 | 730 – 950 |
2050 | 450 – 570 | 800 – 1,000 |
Analysis and Justification: for Ola Electric Share Price Target (2024-2050)
2024-2025: In these initial years, Ola Electric’s share price is expected to stabilise as it adjusts to market conditions, with potential for modest growth due to its strong market position and R&D investments.
2026-2030: These years could see accelerated growth driven by market expansion, product diversification, and technological advancements. The high price target reflects potential breakthroughs in battery technology and increased market penetration.
2031-2040: As Ola Electric solidifies its position in the global EV market, its share price is likely to increase significantly. Continued innovation, possible international expansion, and strategic partnerships could drive high growth.
2041-2050: Long-term projections show substantial growth potential, particularly if Ola Electric leverages its technological capabilities and market leadership to expand into other sectors such as energy storage and smart mobility solutions. The high-end targets reflect a scenario where Ola Electric becomes a major global player in sustainable technology and transportation.
Investment Strategies for Ola Electric Share Price Target (2024-2050)
- Long-Term Investment:
- Given its potential for considerable growth in the electric vehicle (EV) sector, and current status as a predominant player in the Indian market, investment on Ola Electric could be beneficial in the long run.
- A good long-term prospect is supported by its strong emphasis on R&D processes, expansion into newer markets and implementation of new technologies. When you invest in stocks that are likely to appreciate over time through long-term investing, you will benefit from Ola Electric’s growth potential.
- You should buy shares today with an intention to keep them for quite some time. Once or twice per annum, examine how well the company has performed and environmental factors affecting it so as to maintain a sound long-term investment.
- Growth Investing:
- Concentrate on putting money into Ola Electric anticipating that its stock price will rise greatly because of upcoming development and widening of the market.
- This strategy is backed by the company’s progressive vision of growth including new EV models and going international. Hence expected growth is indicated by the projected price increases in shares from 2026 onwards.
- Buy Ola Electric shares taking into account its growth potential and think about increasing your stake as the firm hits important benchmarks in its expansion plans.
- Value Investing:
- It’s necessary to assess whether Ola Electric’s current share price is undervalued with respect to its real worth and earnings potential in future.
- From the company’s current P/E ratio, it seems like they may appear to be expensive as compared to earnings basis. But if it is believed that this value reflects future growth prospects of the company, there is still room for purchasing worth considering.
- Perform complete valuation analysis such as discounted cash flow (DCF) and comparative analysis with industry peers. If you discover that the stock has been undervalued relative to future growth potential, buy shares.
- Dollar-Cost Averaging:
- At regular intervals, irrespective of the price of shares, make fixed investment in Ola Electric shares.
- This technique contributes to assuaging the potential consequences of market instability through prices and diminishes effects of short-lived oscillations on share values.
- Establish a plan for recurrence of purchasing Ola Electric shares on a monthly or quarterly basis. It guarantees accumulation over time and takes advantage of long-term appreciation.
- Risk Management and Diversification:
- Mitigate investment risks by diversifying your portfolio to cover other companies or asset classes.
- The risk associated with an industry or company only depends on Ola Electric’s stocks. Thus, varying the stocks enables one to manage the total risk.
- Invest in Ola Electric and diversify it with other sectors and asset classes. This helps in balancing between high possible returns and controlling the danger.
- Monitoring and Rebalancing:
- Consistent observation of Ola Electric’s performance as well as the entire electric vehicle market for astute investing decisions.
- Several factors that may impact company performance and the electric vehicle market include technology shifts , policy alterations and rivalry movements .Perpetual surveillance thus enhances one’s alertness allowing them to adjust their investment strategies if need arises
- Quarterly or annually analyse Ola Electric’s financials, market trends and any relevant news pieces.Also readjust your investment choices depending on how much risk you can bear so as to rebalance your portfolio.
- Exploring Strategic Partnerships and Innovations:
- Invest in accordance with the strategic partnerships, technological innovations, and new product developments of the firm.
- Collaborations with strategies and innovations greatly affect the market position and share price of Ola Electric. Therefore staying updated with such happenings can lead to investment opportunities.
- Monitor news focused on Ola Electric’s alliances, launches of products, and technological advancements. You may want to review your investment based on how those components affect the growth path of the company.
Latest News and Developments Affecting Ola Electric Share Price Target (2024-2050)
Losses are extending as Ola Electric’s market capitalization in September dropped to 31%. With 27,506 units sold in the month of June alone, Bhavish Aggarwal’s company recorded its lowest sales figures this year, representing a sequential decline of 34%. According to the Vahan portal run by the central government, Ola Electric’s share in India’s electric two-wheeler market shrunk to 31% in August while TVS and Bajaj Auto garnered market shares of 20% and 19% respectively.
Ola Electric’s August sales (27,506 units) were recorded as its lowest retail sales so far within this calendar range signifying a drop of 34% from the figure achieved during July (41,711 units). Even if there is an increase of41% compared with last year’s figures; there was still a width span shrinkage of41.5%. It can be deduced that both TVS iQube and Bajaj Chetak models have gained a lot in terms of sales due to these competitors bringing new yet reasonably priced variants’ into their markets.
Conclusion: Is Ola Electric a Good Investment for 2024?
In this case, the prospect of investment in Ola Electric is worth being considered especially by those envisaging a long term horizon. With a robust standing in India’s electric vehicle market and huge investments made in R&D, the company stands at a right place for growth in the future. Nevertheless, short-term hazards may arise from changes in market share and stiff competition. As Ola Electric processes more innovations that will be made available to customers as well as adding new items into their products’ ranges, there will be tremendous appreciation in their value over time.
Key Takeaways for Potential Investors for Ola Electric Share Price Target (2024-2050)
- Long-Term Potential: With respect to Research and Development (R&D) and entrance into new areas of operation, Ola Electric stands as a favorable choice for long-term investors.
- Market Position: Currently, the biggest player in Indian electric two wheeler industry; however their market share has decreased recently.
- Financial Volatility: In spite of strong revenue growth, they exhibit some financial instability that might affect short term stock prices.
- Technology Leadership: The company’s investments in battery technology and electric cars could produce of break throughs which would help push up share prices.
- Competition: As more players come up in EV industry, both in India and overseas, Ola may face challenges such as reduced market share and declining profits.
- Strategic Partnerships: Collaborations and innovations can open up new avenues for growth thus influencing positively the targets on stock prices.
Investors should remain abreast regarding the most recent progressions regarding Ola Electric together with the entire EV market globally. Continuous observation of the financial outcomes, market trends, and competitors’ shifts is a crucial component to help one make well-informed investment choices. In line with this rapidly fluctuating electric vehicle ( EV ) sector, alertness as well as adaptability will prove most useful in maximizing returns and keeping risks at bay.
FAQs
Factors affecting the share price target of Ola Electric in 2024
The important factors include competitors, technological changes, R&D expenditure, government policies and financial performance of the firm.
Is Ola Electric Mobility a good stock to buy now?
For those who think about long term investment in the EV industry, it may be wise to invest in Ola Electric Mobility while short term traders should exercise caution due to market volatility.
How do analysts predict share price targets for Ola Electric?
Factors such as a company’s finances, industry trends, competition and potential for technological innovation are used by experts when predicting share prices targets.
What are the risks involved in invest in Ola Electric shares?
Competition in the market, Financial volatility, operational problems and risk of regulatory changes affecting the EV industry are some of the risks.
Where can one find the latest share price target for Ola Electric?
On stock market websites, financial news platforms, or analyst reports.
How frequently do price targets for Ola Electric change?
Target prices can alter often due to new financial data being released or fluctuations in the economy and rivalries.
In comparison to Tesla and other electric vehicle companies, how does Ola Electric stand?
Ola Electric mainly deals with electric two-wheelers while Tesla and other large EV manufacturers offer a wider range of products such as cars or trucks. However, its stronghold in India’s market is what makes it more competitive than them by far.
What effect does government policy have on the price of shares for Ola Electric?
This share price could be influenced by government policies on subsidies, environmental regulations and EV infrastructure development among others aimed at achieving sustainability which is why this company need to guard itself against loss of revenue.Share price for Ola Electric is greatly affected by government policies related to subsidies, environmental regulation and EV infrastructure development.
Can I make profitable investment decisions using share price targets?
Although share price targets can be helpful, in order to make wise decisions, one should combine them with other investment techniques and in-depth market research.