Bikewo Green Tech Ltd
Incorporated in 2006, Bikewo GreenTech Ltd is engaged in the manufacture of electric two-wheelers[1]
- Market Cap ₹ 41.2 Cr.
- Current Price ₹ 31.6
- High / Low ₹ 35.0 / 13.6
- Stock P/E 12.4
- Book Value ₹ 32.1
- Dividend Yield 0.00 %
- ROCE 11.0 %
- ROE 8.23 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.98 times its book value
- Company's working capital requirements have reduced from 180 days to 109 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 7.06% over last 3 years.
* 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
Part of Nifty SME Emerge
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 22.28 | 13.68 | 20.57 | 24.85 | 23.48 | 54.49 | |
| 21.63 | 12.66 | 19.88 | 22.00 | 21.96 | 48.84 | |
| Operating Profit | 0.65 | 1.02 | 0.69 | 2.85 | 1.52 | 5.65 |
| OPM % | 2.92% | 7.46% | 3.35% | 11.47% | 6.47% | 10.37% |
| 0.25 | 0.11 | 0.05 | 0.15 | 0.11 | 0.01 | |
| Interest | 0.23 | 0.60 | 0.29 | 0.33 | 0.40 | 0.27 |
| Depreciation | 0.06 | 0.31 | 0.33 | 0.34 | 0.35 | 0.86 |
| Profit before tax | 0.61 | 0.22 | 0.12 | 2.33 | 0.88 | 4.53 |
| Tax % | 22.95% | 31.82% | 16.67% | 27.90% | 25.00% | 26.93% |
| 0.47 | 0.15 | 0.10 | 1.67 | 0.66 | 3.31 | |
| EPS in Rs | 4.70 | 0.74 | 0.49 | 1.82 | 0.51 | 2.54 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 38% |
| TTM: | 132% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 48% |
| 3 Years: | 221% |
| TTM: | 402% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 43% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 6% |
| 3 Years: | 7% |
| Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1.00 | 2.04 | 2.04 | 9.16 | 13.04 | 13.04 |
| Reserves | 2.65 | 5.09 | 5.19 | 7.61 | 25.50 | 28.81 |
| 7.36 | 6.88 | 7.61 | 7.53 | 0.45 | 6.16 | |
| 1.16 | 0.97 | 4.78 | 7.21 | 1.77 | 2.87 | |
| Total Liabilities | 12.17 | 14.98 | 19.62 | 31.51 | 40.76 | 50.88 |
| 1.67 | 3.28 | 2.34 | 1.99 | 3.66 | 16.35 | |
| CWIP | 2.76 | 4.62 | 7.07 | 9.55 | 9.60 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 10.20 |
| 7.74 | 7.08 | 10.21 | 19.97 | 27.50 | 24.33 | |
| Total Assets | 12.17 | 14.98 | 19.62 | 31.51 | 40.76 | 50.88 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 2.11 | 2.63 | 2.67 | -4.46 | -13.67 | 9.92 | |
| -4.11 | -3.77 | -1.84 | -2.46 | -2.08 | -14.15 | |
| 2.13 | 0.98 | -0.82 | 6.96 | 19.54 | 1.22 | |
| Net Cash Flow | 0.14 | -0.16 | 0.02 | 0.04 | 3.79 | -3.01 |
| Free Cash Flow | -2.00 | -1.14 | 0.83 | -6.92 | -15.75 | 5.97 |
| CFO/OP | 348% | 262% | 388% | -137% | -882% | 193% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 29.16 | 1.33 | 19.34 | 11.31 | 159.80 | 100.08 |
| Inventory Days | 65.01 | 179.00 | 148.69 | 189.46 | 93.77 | 22.74 |
| Days Payable | 14.49 | 2.80 | 17.06 | 38.99 | 12.01 | 1.66 |
| Cash Conversion Cycle | 79.68 | 177.54 | 150.97 | 161.78 | 241.56 | 121.16 |
| Working Capital Days | 51.60 | 41.62 | -7.10 | 95.62 | 334.38 | 108.92 |
| ROCE % | 6.55% | 2.84% | 13.59% | 4.04% | 11.03% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtors Turnover Ratio Times |
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| Total Employees (Permanent) Number |
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Extracted by Screener AI
Documents
Announcements
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Outcome of Board Meeting
22 June 2026 - Board approved capital hike, 4.85 lakh shares and 2.44 crore warrants via preferential issue; EGM on 22 July 2026.
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Disclosure under SEBI Takeover Regulations
2 June 2026 - Manideep Katepalli has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Structural Digital Database
30 May 2026 - SDD compliance certificate for year ended March 31, 2026 filed on May 30, 2026.
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Outcome of Board Meeting
27 May 2026 - Board approved FY2026 audited standalone and consolidated results, cash flows, asset-liabilities statements, and unmodified opinion.
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
20 April 2026 - Company says corporate governance report not applicable for quarter ended 31 March 2026.
Business Overview:[1][2]
BGTL operates as an electric two-wheeler retailer in India and also as a tour operator. It delivers 360-degree solution for all EV needs for customers in India through a network of stores, dealer
outlets, service centers, app, and charging points.