ย โขย
Dexter Capital Advisorsย โขย 12m
Attrition at Ola Electric is 2.5x of Ather, 5x of TVS and 12x of Hero ๐๐ The employee attrition woes at Bhavishโs company are simply too big to ignore, now that it is a public company. .. At 47.48%, for those who may not get it, this implies that half its employees leave the company every year. The closest to it is Ather at 18-20% attrition, which itself is double the worst among other major players! For TVS, itโs 10%. For Hero, itโs a measly 4%. .. Why am I sharing these data points about Ather, TVS & Hero etc? Because, 47.48% attrition is just a number which may fail to help one visualise the gravity of the problem. But, once you realise that the attrition at Ola Electric is 2.5x of Ather, 5x of TVS and 12x of Hero, it helps one see the companyโs state of affairs versus the industry and its competitors. And at least to me, it comes out as a very ugly picture. .. And today, that ugly picture got further marred. The companyโs Head of Sales (Mahesh Alanthat) has also left Ola Electric. This is all too bad. And now that the company has tens of lakhs of investors (either directly or via mutual funds) ๐๐ To the naive me - This situation is pretty scary and worrisome. .. This news about another senior exit would have probably gone unnoticed. After all, there is so much noise about the founder (Bhavish), his ballistic business with the controversial comedian Kunal Kamra, and over 15% of the companyโs all-time sold scooters being stranded at its service centres. Thus, I found it to be something worth being raised. Something that investors should know. What do you think? .. To those special set of people who would write in the comments below that Iโve been paid by Ather to write this: Do consider how I'm also highlighting Atherโs attrition rate being double of TVS and 5x of Heroโs. Thatโs super bad too ๐๐
ย โขย
Dexter Capital Advisorsย โขย 1y
What next for Ather? A Hero subsidiary status? ๐ ๐ With the latest development, that has never been more likely. Let's dive in! .. Whenever Ather Energyโs in need of more money, Hero pounces in. -> This was evident in the Sep rights issue where
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Indiaโs Two-Wheeler EV Race: TVS iQube Leads H1 2025 Indiaโs two-wheeler EV market continues its steady growth, with TVS iQube topping the sales chart for JanuaryโJune 2025. The iconic Chetak and Ola Electric follow close behind, reflecting the fier
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TVS Tops, Ola Slips โ May 2025 2W EV Sales now with Telangana data included . . Indiaโs electric two-wheeler market continues to evolve, and the May 2025 sales numbers now with Telangana data included offer a clearer view of how key players are perfo
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After a muted IPO and listing, EV major Ather Energy ended its first trading session 7.22% below its listing price at INR 302.50 on the BSE. Compared to its IPO price of INR 321, the companyโs shares crashed 5.76%. Earlier today, the shares of the E
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May 2025 2W EV Sales: TVS Leads, Ola Slips to 3rd Spot Indiaโs electric scooter market saw a significant shift in May 2025. TVS Motor Company secured the top position with 24,563 units sold, while Bajaj Auto climbed to second with 21,777 units. Surp
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