Ola Electric Drops 5.7% As Brokerages Stay Bearish Despite Narrower Q4 Loss

Ola Electric slid to ₹34.8 (m-cap ₹15,685 Cr) after Q4 net loss narrowed 43% YoY to ₹500 Cr but revenue collapsed 57% to ₹265 Cr on a 61% YoY drop in deliveries to 20,256 units. Brokerages stay cautious despite a ₹1,500 Cr QIP plan, +20% MoM April registrations, and ~45,000 Q1 FY27 order guidance.

— Source publishedThu, 21 May, 2026, 12:17 IST·First seen Thu, 21 May, 2026, 12:17 IST·Source Inc42 · Buzz

What happened

Ola Electric stock fell up to 5.7% as brokerages stayed bearish despite Q4 net loss narrowing 43% YoY to ₹500 Cr. Revenue plunged 57% on weak two-wheeler

Key facts

  • stock -5.7% to ₹34.8
  • market cap ₹15,684.9 Cr
  • Q4 net loss ₹500 Cr (-43% YoY)
  • revenue ₹265 Cr (-57% YoY)
  • deliveries 20,256 units (-61% YoY)
  • CFO +₹91 Cr
  • QIP ₹1,500 Cr planned
  • April registrations 11,391 (+20% MoM)
  • Q1 FY27 orders ~45,000 expected

Why this matters

Ola's eroded market cap of ₹15,685 Cr and weakened balance sheet create an opportunistic window for strategic stake-building or asset-level partnerships as competitors consolidate the EV two-wheeler space.

Also reported by