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- $260.0MMarket Cap
- -21.67%1-Year Change
- Electrical Equipment & PartsIndustry
ELECTROVAYA (ELVA)
Key Performance
More- Earnings Score: N/A
- Momentum Score: 54
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
Electrovaya's 2026 Outlook: Scaling Manufacturing to Support New Data Center Energy Storage
Electrovaya achieved profitability in fiscal 2025 with 43% revenue growth and a Superscore of 71, driven by proprietary ceramic-separator battery technology and expansion into data center energy storage. However, the stock faces headwinds from stretched valuation (forward P/E of 58), negative free cash flow (-$3.6M), and intense competition from larger incumbents. The company's success depends on executing large Fortune 500 deals and delivering on aggressive growth guidance.
10/15/2026, 8:39 AM • The Motley Fool
Peers
Statistics
MoreInformation as of 10/23/2026
Company Profile
Electrovaya Inc. engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America. It operates infinity battery systems comprising of low and high voltage systems. The company also operates solid state battery technology. In addition, it offers lithium-ion battery systems to power MHEV, including fork-lifts, as well as accessories, such as battery chargers to charge the batteries; lithium-ion batteries for robotic applications; lithium ion battery cell and modules for sales to OEM customers in the defense, construction, and other applications; high voltage battery systems for electric bus, truck, and defense applications; and industrial products for energy storage. The company was formerly known as Electrofuel Inc. and changed its name to Electrovaya Inc. in March 2002. Electrovaya Inc. was incorporated in 1996 and is headquartered in Mississauga, Canada.
Key Executives
- Rajshekar Das Gupta
- Francis John Gibson
- Sankar Das Gupta
- James K. Jacobs
- Jeremy Dang
Current Ownership Distribution
- Institutions56.9M (99.23%)
- Mutual Funds441,116 (0.77%)
- Insiders0 (0.00%)
- Other0 (0.00%)