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 ₹ 2,157 Cr.
- Current Price ₹ 1,020
- High / Low ₹ 1,159 / 222
- Stock P/E 76.4
- Book Value ₹ 52.7
- Dividend Yield 0.00 %
- ROCE %
- ROE 25.3 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 19.3 times its book value
* 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
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2026 | |
|---|---|
| 310 | |
| 275 | |
| Operating Profit | 35 |
| OPM % | 11% |
| 3 | |
| Interest | 2 |
| Depreciation | 1 |
| Profit before tax | 34 |
| Tax % | 18% |
| 28 | |
| EPS in Rs | 13.42 |
| Dividend Payout % | 0% |
| Compounded Sales Growth | |
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| Stock Price CAGR | |
|---|---|
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| 3 Years: | % |
| 1 Year: | 285% |
| Return on Equity | |
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| Last Year: | 25% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2026 | |
|---|---|
| Equity Capital | 21 |
| Reserves | 90 |
| 20 | |
| 24 | |
| Total Liabilities | 155 |
| 14 | |
| CWIP | 7 |
| Investments | 0 |
| 134 | |
| Total Assets | 155 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2026 | |
|---|---|
| -11 | |
| -7 | |
| 44 | |
| Net Cash Flow | 26 |
| Free Cash Flow | -19 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -17% |
Ratios
Consolidated / View Standalone
| Mar 2026 | |
|---|---|
| Debtor Days | 4 |
| Inventory Days | 89 |
| Days Payable | 24 |
| Cash Conversion Cycle | 69 |
| Working Capital Days | 79 |
| ROCE % |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Mar 2027 (P) | Mar 2028 (P) | |
|---|---|---|---|---|---|---|---|---|
| Low-Speed EV 2W Market Share % ・Standalone data |
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| E-2W Units Sold units ・Standalone data |
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| Dealer Network dealers ・Standalone data |
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| Installed Capacity units per annum ・Standalone data |
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| Capacity Utilization % ・Standalone data |
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| E-2W Revenue Share % of total revenue ・Standalone data |
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| 3W Units Sold units ・Standalone data |
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| Localization (Make in India) % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
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Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
- On 20 Oct 2026, shareholders approved AOA changes enabling further share and security issuances.
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Shareholder Meeting / Postal Ballot-Outcome of EGM
- EGM approved Rs 168 crore preferential issue and five related-party transactions up to Rs 50 crore each.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Certificate under Reg. 74(5) of SEBI(Depositories and Participants), Regulations 2018 for the quarter and half year ended September 30, 2026.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Concalls
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Jun 2026Transcript REC
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Nov 2025Transcript PPT REC
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Oct 2025PPT
Business Profile:[1]
Zelio E-Mobility Ltd 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).
The company is positioned in India's slow-speed segment: vehicles capped at 25 km/h that need no licence or registration, sold mainly in Tier-2, Tier-3 and rural markets [2]