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Electrovaya(TSX) ELVA

Market CapCA$464.49MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2000)-73%
5 Year+98%
1 Year+6%
1 Month-28%
CA$9.52
+2.48%
+0.23Today
Electrovaya last closing stock price
MetricPriceDate
Last closeCAD 9.292026-09-03
Electrovaya stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-1.48%CAD 9.432026-08-27
1 month-28.21%CAD 12.942026-08-04
3 month-35.58%CAD 14.422026-06-05
Year to date-14.3%CAD 10.842025-12-31
1 year+6.29%CAD 8.742025-09-03
3 year+108.76%CAD 4.452023-09-01
5 year+97.66%CAD 4.702021-09-03
Since inception-73.46%CAD 35.002000-11-10

Electrovaya Financials at a Glance

Market Cap

CA$464.49MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$71.06M

Net Income (TTM)

$4.40M

EPS (TTM)

CA$0.13

P/E Ratio

67.42

Dividend

CA$0.00

Beta (Volatility)

1.14 (Average)

Price

CA$9.52

Volume

45,539

Open

CA$9.26

Previous Close

CA$9.29

Daily Range

CA$9.26 - CA$9.56

52-Week Range

CA$5.80 - CA$17.62

Estimated Earnings Date

Dec 8, 2026

ELVA News

No articles available.

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About Electrovaya

Electrovaya Inc. specializes in the design, development, manufacture, and sale of advanced lithium-ion batteries and battery management systems. The company focuses on energy storage solutions for clean electric transportation and various specialized applications across North America.

Products and Services
  • High-performance lithium-ion battery systems for electric vehicles and industrial applications
  • Battery management systems and accessories, including chargers
  • Solid-state battery technology for enhanced energy storage solutions
Growth Outlook
  • Recent quarterly revenue reached approximately $17.26 million, indicating strong demand
  • Trailing twelve months (TTM) revenue shows a consistent upward trend
  • Investment in R&D is expected to drive innovation and market expansion
Financial Highlights
  • Net income for the latest quarter was approximately $297,128, reflecting operational efficiency
  • Current ratio stands at 7.53, indicating strong liquidity and financial health
  • Gross profit margin for TTM is approximately 31.44%, showcasing effective cost management
Electrovaya Inc. operates in the rapidly growing electrical equipment and parts industry, focusing on sustainable energy solutions. The company's innovative battery technologies position it well to capitalize on the increasing demand for clean energy and electric transportation. Recent financial performance highlights a solid revenue base and a commitment to research and development, which may enhance future growth prospects. With a strong liquidity position and effective cost management, Electrovaya Inc. presents an intriguing opportunity for investors interested in the clean technology sector.
AI Generated • Aug 28, 2026

Industry

Electrical Equipment

Employees

123

CEO

Rajshekar Das Gupta, PhD

Headquarters

Mississauga, ON L5N 1P8, CA

ELVA Financials

Key Financial Metrics (TTM)

Gross Margin

31.44%

Operating Margin

9.52%

Net Income Margin

6.19%

Return on Equity

7.92%

Return on Capital

10.18%

Return on Assets

3.70%

Earnings Yield

1.48%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

CA$464.49MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

50.00M

Volume

45.54K

Avg. Volume

191.41K

Financials (TTM)

Gross Profit

$21.92M

Operating Income

$6.57M

EBITDA

$6.86M

Operating Cash Flow

-$5.80M

Capital Expenditure

-$22.49M

Free Cash Flow

-$28.28M

Cash & ST Invst.

$16.23M

Total Debt

$41.37M

Electrovaya Performance Analysis

Electrovaya annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-09-30USD 20,786,80441.9%
20232023-09-30USD 59,425,801185.9%
20242024-09-30USD 60,712,7062.2%
20252025-09-30USD 89,237,38547.0%
Electrovaya sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-09-3018.2%
Q12025-12-31-22.0%
Q22026-03-3112.4%
Q32026-06-30-2.8%
Electrovaya annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-09-30USD -2.01488.7%
20232023-09-30USD -0.06-97.1%
20242024-09-30USD -0.060.7%
20252025-09-30USD 0.11N/A
Electrovaya sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-09-30140.0%
Q12025-12-31-51.9%
Q22026-03-31-16.0%
Q32026-06-30-71.1%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q3 2026YOY CHG

Revenue

$17.26M

+0.7%

Gross Profit

$5.54M

+5.0%

Gross Margin

32.11%

N/A

Market Cap

CA$464.49MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

CA$3.78M

N/A

Employees

123

N/A

Net Income

$297.13K

-67.2%

EBITDA

$1.97M

+4.5%

Quarterly Fundamentals

Name
Q3 2026YOY CHG

Total Cash

$16.23M

+1157.8%

Total Debt

$41.37M

+98.7%

Accounts Receivable

$29.93M

+56.7%

Inventory

$18.24M

+50.8%

Long Term Debt

$40.59M

+98.9%

Short Term Debt

$775.74K

-19.8%

Return on Assets

3.70%

N/A

Return on Invested Capital

6.22%

N/A

Free Cash Flow

-$14.24M

-248.5%

Operating Cash Flow

-$11.72M

-357.6%

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Questions About ELVA

What is the current price of Electrovaya?

Electrovaya is trading at CA$9.52 per share.

What is the 52-week range for Electrovaya?

Over the past 52 weeks, Electrovaya has traded between CA$5.80 and CA$17.62.

How much debt does Electrovaya have?

As of the most recent reporting period, Electrovaya reported total debt of $58.79M.

How much cash does Electrovaya have on hand?

Electrovaya reported $23.06M in cash and cash equivalents in its most recent financial results.

What is Electrovaya’s dividend yield?

Electrovaya does not currently have a dividend yield.

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