Ola Electric Mobility Limited — PPTs, 06-11-2025: Investor Presentation

Ola Electric hit a major milestone in Q2 FY26, achieving Auto EBITDA profitability (0.3% margin) for the first time. The Auto segment's gross margin impressively rose to 30.7% (up 510 bps QoQ), alongside significant operating expense cuts. The Auto business also turned cash-generative with an underlying ₹15 Cr flow. Consolidated revenue for the quarter was ₹690 Cr.

Key strategies include boosting product quality (Gen 3 platform, Roadster sales up 4x QoQ) and expanding high-margin parts business via HyperService. Ola's Gigafactory commissioned 2.5 GWh cell capacity, targeting 5.9 GWh by March 2026, becoming India's first giga-scale plant. They also launched 'Ola Shakti,' India's first residential BESS using their 4680 cells, now powering new vehicles.

Management projects FY26 consolidated revenue of ₹3,000-3,200 Cr. Auto segment gross margins are expected to reach ~40% and EBITDA ~5% by Q4 FY26, with the Auto business projected Free Cash Flow positive by FY26 end. Cell business revenue starts Q4, targeting 30% gross margins by early FY27, with capacity expanding to 20 GWh by H2 FY27.