Asia Consumer Research, Investory

Devi Subhakesan

Asia Consumer Sector Focus. Fundamental Research.

Experience: Equity research analyst with Buy and Sell-side Institutions. ASEAN, India & North Asia Markets. Consumer Discretionary, Media, Textiles, Oil, Gas & Coal sectors. 
Mindfulness and Meditation Enthusiast.

Asia Consumer Research

Ola Electric (OLAELEC IN) : Soaring High - How Much Higher Can It Go?

Ola Electric: Takes Aim at India Motorcycle Mass Market with Competitive Pricing

Ola Electric IPO: Valuation Analysis. A High-Voltage EV Play

ASIA CONSUMER: INSIGHTS AND INVESTMENT IDEAS

Investory

Investory is a Singapore-based boutique independent equity research firm founded in January 2017 with a primary focus on consumption themes across Asia-Pacific.

We aim to generate investible ideas based on consumption trends and outlook. We screen our ideas on several parameters - product potential, long-term growth and management commitment being the most critical.  We follow a fundamental analysis approach in our stock selection process and are not restricted by market cap.

We aspire to grow into a leading source of unbiased research, free of conflict of interest, for investors yearning for independent and disciplined analysis. 

We also undertake bespoke research mandates to support our Institutional clients’ investment needs.

Our team comprises of professionals with extensive experience in the Asian equity markets, in areas ranging from research, servicing institutional clients and investment management.

Equity Bottom-Up

<ul>
<li>Investors seem concerned about poor visibility on Ola Electric's profitability given its aggressive pricing strategy.</li>
<li>Expect increasing production volumes and the resulting benefits of operating leverage to lead to operating profits, likely by next quarter.</li>
<li>Integrating in-house manufactured Lithium-ion cells into its two-wheeler EVs from FY2026 and higher Government incentive pay out in FY2025 to drive profit margins further.</li>
</ul>


Investors seem concerned about poor visibility on Ola Electric's profitability given its aggressive pricing strategy.
Expect increasing production volumes and the resulting benefits of operating leverage to lead to operating profits, likely by next quarter.
Integrating in-house manufactured Lithium-ion cells into its two-wheeler EVs from FY2026 and higher Government incentive pay out in FY2025 to drive profit margins further.


Ola Electric's Path to Profitability: Volumes, Cells and PLI