Ola Electric Share Price & Q1 FY26 Update

Q1 Performance (April–June 2025):

Net loss: ₹428 crore — widened from ₹347 crore YoY  

Revenue: ₹828 crore — down 49.6% YoY  

Auto division EBITDA: hit near-neutral in June, strong improvement  

Auto unit gross margin: rose from 13.8% to 25.6%  

Share Market Movement:

After Q1 results, shares spiked ~9% intraday, reaching ~₹43.6 on BSE, later hovering around ₹41–42  

Earlier this week, shares were at a 52-week low (~₹39.6) amid broader weakness  

Why Shares Gained Despite Losses:

1. Major cost-cutting efforts – operating expenses significantly reduced under Project Lakshya  

2. EBITDA neutrality in auto segment seen as a key turning point  

3. Management reiterated strong cash reserves and a clear path toward profitability  

Analysts caution shareholder sentiment can still swing volatile given the recovery stage .

Outlook Ahead

Company aims to turn operating cash flow positive in FY27  

Analysts expect earnings to stabilize if operational improvements continue  

Investor Takeaway

Positives: Improvements in EBITDA margins, cost efficiency, and auto segment cash flow

Risks: Low revenue base, market share decline (~20% vs ~50% last year), regulatory scrutiny, and predecessor block trade pressure  

Verdict: Recovery path is promising, but stability is still uncertain — a cautious watch-and-wait strategy is advisable.