Company Overview

History and Evolution

Founded on October 11, 2000, Olectra Greentech Ltd. commenced operations with a focus on electric vehicles, specifically electric buses. Over the years, the company expanded its portfolio to include power insulators and electric trucks. Recognizing the immense potential in the EV sector, Olectra strategically concentrated on electric buses, which accounted for 87.07% of its turnover in FY2023.

Corporate Structure

Olectra operates primarily in three segments:

• Electric Buses
• Power Insulators
• Electric Trucks

The company's headquarters are in India, with manufacturing facilities geared towards scaling production capacities.

Overall Business Model

Revenue Streams

• Electric Buses: Primary revenue driver.
• Power Insulators: Significant contribution with growing export sales.
• Electric Trucks: Emerging segment with growth potential.

Value Proposition

Olectra aims to provide sustainable and innovative transportation solutions, contributing to environmental protection and mass mobility improvement.

Management Team

• Mr. K.V. Pradeep: Chairman & Managing Director - Oversees strategic direction and operations.
• Mr. Sharat Chandra: Chief Financial Officer - Manages financial performance and reporting.
• Mr. P. Hanuman Prasad: Company Secretary and Compliance Officer - Ensures regulatory compliance and corporate governance.