Olectra Greentech Ltd Share Price – NSE  / BSE

Automobile, Small Cap

The company declared 31 December 2025 as the commercial operation date for the plant at Seetharampur, Telangana.

The Phase-I unit has a per-shift annual production capacity of 2,500 electric buses. This represents 50% of the planned per-shift capacity of 5,000 buses per year.

The company said the declaration has been communicated to State Bank of India, the project lender.

Olectra Greentech is engaged in the manufacturing of composite polymer insulators, electric buses, and electric trucks. The company's consolidated net profit rose 4.18% to Rs 49.55 crore while net sales rose 25.39% to Rs 656.62 crore in Q2 September 2025 over Q2 September 2024.

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Net profit of Olectra Greentech rose 4.18% to Rs 49.55 crore in the quarter ended September 2025 as against Rs 47.56 crore during the previous quarter ended September 2024. Sales rose 25.39% to Rs 656.62 crore in the quarter ended September 2025 as against Rs 523.67 crore during the previous quarter ended September 2024.

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Olectra Greentech will hold a meeting of the Board of Directors of the Company on 8 November 2025.

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The move follows improving diplomatic relations between Prime Minister Narendra Modi and Chinese President Xi Jinping, which have eased travel restrictions and opened the door for business expansion.

The report notes that BYD, the world's largest EV maker, is preparing to assess its existing factory, restart training programs, and explore market opportunities for its Atto 2 compact electric SUV, set to be its most affordable model in India.

Olectra Greentech, a key partner of BYD in India, has played a pivotal role in manufacturing and supplying electric buses. The collaboration was the first to bring fully electric buses to the Indian market and has helped establish local design, R&D, and manufacturing capabilities. Olectra continues to supply buses across the country using BYD?s technology.

As per reports, BYD plans to set up a production unit near Hyderabad with an investment of around $10 billion in phases. The proposal, negotiated between BYD and Olectra Greentech (a subsidiary of the MEIL Group) in 2022-23, had been stalled due to security concerns at the Union government level. Establishing a local unit is expected to strengthen BYD?s competitiveness in India?s EV market.

Currently, BYD offers four models in India and ranks as the fourth-largest electric carmaker by sales.

Olectra Greentech is engaged in the manufacturing of composite polymer insulators, electric buses, and electric trucks. The company's consolidated net profit increased 7.29% to Rs 26.02 crore while revenue from operations rose 10.60% to Rs 347.22 crore in Q1 FY26 over Q1 FY25.

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