Olectra Greentech Limited Overview
Pro stress-test →Olectra Greentech is India's largest pure electric bus manufacturer, offering e-bus models like 7m, 9m, and 12m, including inter-city coach variants. As of 9M FY25, the company has delivered about 2,448 electric buses and 51 electric tippers, covering 30+ Cr km across the length and breadth of the country. The company operates in a rapidly growing green mobility sector with strong government support for electric vehicle adoption.
Strategic Profile
Pro stress-test →The E-Vehicle Division accounts for 91% of revenue (9M FY25), while the company is broadening its product portfolio in the e-mobility sector by introducing electric trucks and tippers. It serves state and central government bodies across cities like Pune, Mumbai, Hyderabad, and others, including MSRTC, BEST, PMPML, and TSRTC. This positions Olectra as a key player in India's transition to sustainable public transportation.
Competitive Landscape
Pro stress-test →Olectra operates in India's nascent e-bus market with limited direct competitors at scale. Olectra is the first and largest electric bus manufacturer in India and is expanding its portfolio in the e-mobility sector with three-wheelers, electric autos, and trucks. The market is supported by government electrification mandates and green transportation initiatives.
Industry Context
Olectra Greentech Limited operates in Electric Vehicles Manufacturing / Green Transportation.
Key facts
Founded: 2000 · Headquarters: Hyderabad, India · Revenue: ₹660.95 Cr (Q2 FY25-26) · Market cap: ₹9,148.72 Cr