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According to the financials, Olectra has a market cap of Rs 7,459.50 crore. The company reported stellar quarterly results and annual results. The net sales increased by 83.86 per cent to Rs 1,090.76 crore and net profit increased by 87.60 per cent to Rs 64.25 crore in FY23 over FY22.

In the last six months, the stock has gained more than 80 per cent.     

According to the financials, the company has a market cap of Rs 154 crore with a 3-year CAGR of 79 per cent. The company reported positive numbers in its quarterly results and annual results. The net sales increased by 16.48 per cent to Rs 49.98 crore and the net profit skyrocketed 425 per cent to Rs 3.73 crore in FY23 over FY22. The EPS for FY23 stood at Rs 0.19.

Quarterly Results & Annual Results: The net sales increased by 85.40 per cent and net profit skyrocketed by 397 per cent in Q4FY23 over Q4FY22. The net sales increased by 37.89 per cent and net profit skyrocketed by 1,680 per cent in FY23 over FY22.

The company is also engaged in the business of providing consultancy for hydropower projects. The company has been maintaining a healthy dividend payout of 72 per cent with a dividend yield of Rs 4.38 per cent. This power company has a market cap of over 15,000 crore with a 1-year CAGR of 27 per cent.