Ola Electric Mobility Limited

Electric Vehicles (EV)Founded 2017

Market Data Current As Of: September 12, 2026

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Ola Electric Mobility Limited

Electric Vehicles (EV)Founded 2017

Reviewed by Swet Parvadiya

Last reviewed: September 12, 2026

Market Data Current As Of: September 12, 2026

Financial Performance

Ola Electric Mobility Revenue & Financials

Name: Ola Electric Mobility Limited Annual Revenue History
Creator: CorpDigest
License: https://corpdigest.com/terms

Revenue

$600M+ (₹5,000Cr+)

Market Cap

$3.5B

Employees

4,500

Financial Analysis

Ola Electric executed one of the most successful Indian technology IPOs in August 2024, raising ₹6,145 crore (approx. $735M USD) to fund its cell gigafactory and product roadmap. Founded in 2017 as an early EV taxi fleet pilot under Ola Cabs, the company pivoted toward consumer two-wheelers in 2020 by acquiring Dutch EV startup Etergo. In 2026, Ola Electric generated over $600 million USD (₹5,000+ crore INR) in annual revenue with a market capitalization exceeding $3.5 billion USD, maintaining strong gross margins as in-house battery cell production displaces imported cells.

Revenue Trend Analysis

YoY Change

+15.4%

4-Year CAGR

+86.1%

Peak Year

2026

Trend

Consistent Growth

Ola Electric Mobility Limited has reported revenue across 4 fiscal years, compounding at +86.1% annually over 4 years. The most recent year saw a 15.4% increase versus the prior year. Revenue peaked in 2026 at $600M. Out of 3 reported periods, 3 showed growth and 0 showed a decline.

Annual Revenue History

Fiscal Year	Revenue	YoY Change
FY2026	$600M	+15.4%
FY2024	$520M	+52.9%
FY2023	$340M	+580.0%
FY2022	$50M	—

Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.

Click any row to see year details.

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Ola Electric Mobility Revenue and Financial FAQ

What was Ola Electric Mobility Limited's reported annual revenue for FY2026?

Ola Electric Mobility Limited reported approximately $600M in fiscal year 2026 with a team of 4,500 employees worldwide.

How does Ola Electric Mobility Limited allocate capital and manage operating margins?

Ola Electric Mobility Limited strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.

What is the long-term financial outlook for Ola Electric Mobility Limited in Electric Vehicles (EV), Two-Wheeler Manufacturing, Battery Cell Technology & Clean Mobility?

Financial performance in Electric Vehicles (EV), Two-Wheeler Manufacturing, Battery Cell Technology & Clean Mobility is driven by steady cash generation and pricing power, enabling Ola Electric Mobility Limited to reinvest in high-return strategic initiatives.

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CorpDigest. "Ola Electric Mobility Limited Revenue & Financials." CorpDigest, https://corpdigest.com/company/ola-electric/financials.

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<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Ola Electric Mobility Limited reported $600M in revenue (FY2026).</strong><br>Source: <a href="https://corpdigest.com/company/ola-electric/financials" target="_blank" rel="noopener">CorpDigest — Ola Electric Mobility Limited financials</a></div>

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Explore Ola Electric Mobility

Core profile pages, annual revenue records, and related research hubs for this company.

Financial Analysis

Fiscal Year

Revenue

YoY Change

FY2026

$600M

+15.4%

FY2024

$520M

+52.9%

FY2023

$340M

+580.0%

FY2022

$50M

—

Ola Electric Mobility Revenue and Financial FAQ

What was Ola Electric Mobility Limited's reported annual revenue for FY2026?

Ola Electric Mobility Limited reported approximately $600M in fiscal year 2026 with a team of 4,500 employees worldwide.

How does Ola Electric Mobility Limited allocate capital and manage operating margins?

Ola Electric Mobility Limited strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.

What is the long-term financial outlook for Ola Electric Mobility Limited in Electric Vehicles (EV), Two-Wheeler Manufacturing, Battery Cell Technology & Clean Mobility?

Cite or embed this data

Using these figures? Please credit CorpDigest with a link.

Cite this page

CorpDigest. "Ola Electric Mobility Limited Revenue & Financials." CorpDigest, https://corpdigest.com/company/ola-electric/financials.

Embed this data

<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Ola Electric Mobility Limited reported $600M in revenue (FY2026).</strong><br>Source: <a href="https://corpdigest.com/company/ola-electric/financials" target="_blank" rel="noopener">CorpDigest — Ola Electric Mobility Limited financials</a></div>