Bikewo Green Tech Ltd
Incorporated in December 2006, Bikewo Green Tech Limited is an electric two-wheeler retailer in India.[1]
- Market Cap ₹ 25.8 Cr.
- Current Price ₹ 19.8
- High / Low ₹ 47.2 / 14.0
- Stock P/E 39.0
- Book Value ₹ 29.6
- Dividend Yield 0.00 %
- ROCE 3.95 %
- ROE 2.39 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.67 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 5.19% over last 3 years.
- Company has high debtors of 160 days.
- Company's cost of borrowing seems high
- Working capital days have increased from 208 days to 341 days
* 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 Auto Dealer
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 22.28 | 13.68 | 20.57 | 24.92 | 23.52 | |
| 21.63 | 12.66 | 19.88 | 22.07 | 22.03 | |
| Operating Profit | 0.65 | 1.02 | 0.69 | 2.85 | 1.49 |
| OPM % | 2.92% | 7.46% | 3.35% | 11.44% | 6.34% |
| 0.25 | 0.11 | 0.05 | 0.15 | 0.11 | |
| Interest | 0.23 | 0.60 | 0.29 | 0.33 | 0.37 |
| Depreciation | 0.06 | 0.31 | 0.33 | 0.34 | 0.35 |
| Profit before tax | 0.61 | 0.22 | 0.12 | 2.33 | 0.88 |
| Tax % | 22.95% | 31.82% | 16.67% | 27.90% | 25.00% |
| 0.47 | 0.15 | 0.10 | 1.67 | 0.66 | |
| EPS in Rs | 4.70 | 0.74 | 0.49 | 1.82 | 0.51 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 20% |
| TTM: | -6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 64% |
| TTM: | -60% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 5% |
| Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 1.00 | 2.04 | 2.04 | 9.16 | 13.04 |
| Reserves | 2.65 | 5.09 | 5.19 | 7.61 | 25.50 |
| 7.36 | 6.88 | 7.61 | 7.53 | 0.45 | |
| 1.16 | 0.97 | 4.78 | 7.21 | 1.77 | |
| Total Liabilities | 12.17 | 14.98 | 19.62 | 31.51 | 40.76 |
| 1.67 | 3.28 | 2.34 | 1.99 | 3.66 | |
| CWIP | 2.76 | 4.62 | 7.07 | 9.55 | 9.60 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 7.74 | 7.08 | 10.21 | 19.97 | 27.50 | |
| Total Assets | 12.17 | 14.98 | 19.62 | 31.51 | 40.76 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 2.11 | 2.63 | 2.67 | -4.46 | -13.67 | |
| -4.11 | -3.77 | -1.84 | -2.46 | -2.08 | |
| 2.13 | 0.98 | -0.82 | 6.96 | 19.54 | |
| Net Cash Flow | 0.14 | -0.16 | 0.02 | 0.04 | 3.79 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 29.16 | 1.33 | 19.34 | 11.28 | 159.53 |
| Inventory Days | 65.01 | 179.00 | 148.69 | 189.46 | 93.77 |
| Days Payable | 14.49 | 2.80 | 17.06 | 38.99 | 12.01 |
| Cash Conversion Cycle | 79.68 | 177.54 | 150.97 | 161.74 | 241.29 |
| Working Capital Days | 105.01 | 162.49 | 96.00 | 187.77 | 340.79 |
| ROCE % | 6.55% | 2.84% | 13.59% | 3.95% |
Documents
Announcements
-
Address Change
6 June 2025 - Registered office shifted within Hyderabad city, effective June 6, 2025.
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Structural Digital Database
30 May 2025 - Submission of SDD Compliance Certificate for FY ended March 31, 2025 as per SEBI regulations.
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Statement of deviation(s) or variation(s) under Reg. 32
29 May 2025 - Disclosure of deviation in IPO fund utilization for period ended March 31, 2025.
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Outcome of Board Meeting
29 May 2025 - Audited FY25 results: Profit before tax Rs.88.02L, IPO proceeds Rs.2409.32L utilized as planned.
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Board Meeting Intimation
22 May 2025 - BIKEWO GREEN TECH LIMITED has informed about Board Meeting to be held on 29-May-2025 to inter-alia consider and approve the Audited Financial results of the …
Annual reports
No data available.
Business Model[1] Bikewo Green Tech Ltd operates as an electric vehicle (EV) dealership, primarily focusing on two-wheelers. The company has a dealership-driven business model where it sells electric vehicles from multiple major OEMs (Original Equipment Manufacturers) through a network of franchise dealers.