Zelio E-Mobility Ltd
Zelio E-Mobility is primarily engaged in the business of manufacturing, assembling and supplying of electric vehicles, offering a range of electric two-wheelers (E-2Ws) and three-wheelers (3Ws), available in a variety of design, color, speed variants etc.(Source : 202503 Annual Report Page No:26)
- Market Cap ₹ 666 Cr.
- Current Price ₹ 315
- High / Low ₹ 610 / 155
- Stock P/E 32.1
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 51.8 %
- ROE 85.8 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 87.5%
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Automobile and Auto Components Automobiles 2/3 Wheelers
Part of BSE SME IPO
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 13 | 51 | 94 | 172 | 230 | |
| 11 | 47 | 85 | 151 | 203 | |
| Operating Profit | 2 | 4 | 9 | 21 | 27 |
| OPM % | 12% | 8% | 9% | 12% | 12% |
| 0 | 0 | 0 | 2 | 2 | |
| Interest | 0 | 0 | 1 | 2 | 2 |
| Depreciation | 0 | 0 | 1 | 1 | 1 |
| Profit before tax | 2 | 4 | 8 | 19 | 25 |
| Tax % | 18% | 17% | 17% | 17% | |
| 1 | 3 | 6 | 16 | 21 | |
| EPS in Rs | 423.33 | 1,020.00 | 2,103.33 | 9.69 | 12.57 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 137% |
| TTM: | 83% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 133% |
| TTM: | 154% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 87% |
| Last Year: | 86% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.03 | 0.03 | 0.03 | 17 | 17 |
| Reserves | 1 | 4 | 11 | 10 | 22 |
| 4 | 10 | 14 | 31 | 27 | |
| 4 | 2 | 4 | 8 | 17 | |
| Total Liabilities | 9 | 15 | 29 | 66 | 83 |
| 0 | 1 | 8 | 8 | 8 | |
| CWIP | 0 | 4 | 1 | 4 | 8 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 8 | 11 | 20 | 54 | 66 | |
| Total Assets | 9 | 15 | 29 | 66 | 83 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -3 | -1 | 1 | -10 | |
| -0 | -4 | -5 | -5 | |
| 4 | 5 | 3 | 15 | |
| Net Cash Flow | 0 | 0 | -0 | 0 |
| Free Cash Flow | -4 | -5 | -4 | -14 |
| CFO/OP | -186% | -10% | 25% | -28% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 7 | 7 | 6 | 10 |
| Inventory Days | 246 | 56 | 64 | 87 |
| Days Payable | 72 | 7 | 13 | 9 |
| Cash Conversion Cycle | 182 | 56 | 57 | 88 |
| Working Capital Days | 65 | 25 | 32 | 43 |
| ROCE % | 44% | 45% | 52% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Market Share in Low Speed E-2W % |
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| Installed Capacity (2-Wheelers) Units per annum |
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| Capacity Utilization (2-Wheelers) % |
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| Dealer Network Size Number |
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| Number of Employees Number |
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| Projected Capacity Utilization (FY26) % |
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Documents
Announcements
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Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Execution Of Memorandum Of Understanding (Mou).
26 Mar - MoU: Zelio to pay INR 1.5 Crore for Punjab Kings IPL 2026 sponsorship (25 Mar–31 Dec 2026).
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Closure of Trading Window
26 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for year ended Mar 31, 2026.
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Appointment Of Secretarial Auditor
9 Mar - Approved 39,000 sq.ft Coimbatore lease from 01-Apr-2026 (5-year term); auditors appointed; directors authorized to seek credit facilities.
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Board Meeting Outcome for Outcome Of The Meeting Of Board Held On 09 March 2026 Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015
9 Mar - Approved 39,000 sq.ft Coimbatore warehouse/assembly lease from 01-Apr-2026; operations July 2026; auditors appointed; credit facility authorization.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
24 Feb - Commissioned Cuttack plant; capacity rises 72,000→1,80,000 p.a.; Odisha adds 60,000; investment under INR 3 crore.
Concalls
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Nov 2025Transcript PPT REC
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Oct 2025TranscriptAI SummaryPPT
Business Profile[1]
Zelio E-Mobility Limited is engaged in manufacturing, assembling, and supplying electric vehicles focused on electric two-wheelers (E-2Ws) and three-wheelers (3Ws) under the brands Zelio (E-2Ws) and Tanga (3Ws).