Olectra Q2, ₹8,000-Bus Opportunity: Key Growth Triggers Investors Should Watch, MD On Flat Revenue
NDTV Profit · 11 Nov 2026 · 5 min
Management interview of Olectra Greentech Ltd (OLECTRA), with 7 key numbers discussed.
- Mahesh Babu, Managing Director, Olectra Greentech
Olectra Greentech delivered a record 401 electric buses in Q2 FY27, with quarterly EBITDA margin improving to 16% from 14.3% last year despite input cost and logistics headwinds. Management noted that mobility division revenue was flat year-on-year due to a product mix skewed towards lower-cost 9-metre buses. The company plans to ramp up quarterly deliveries to over 500 in Q3 and up to 600 going forward. Its order book stands at over 8,000 buses to be executed over the next two years. A new indigenously designed platform launching in Q4 FY27 is expected to support margins and localisation.