Bikewo Green Tech Ltd
Incorporated in 2006, Bikewo GreenTech Ltd is engaged in the manufacture of electric two-wheelers[1]
- Market Cap ₹ 136 Cr.
- Current Price ₹ 104
- High / Low ₹ 116 / 13.6
- Stock P/E 30.2
- Book Value ₹ 32.0
- Dividend Yield 0.00 %
- ROCE 11.0 %
- ROE 11.2 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 130 to 100 days.
- Company's working capital requirements have reduced from 221 days to 109 days
Cons
- Stock is trading at 3.25 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -1.74%
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| 23.52 | 54.49 | |
| 22.03 | 48.87 | |
| Operating Profit | 1.49 | 5.62 |
| OPM % | 6.34% | 10.31% |
| 0.11 | 0.01 | |
| Interest | 0.37 | 0.27 |
| Depreciation | 0.35 | 0.86 |
| Profit before tax | 0.88 | 4.50 |
| Tax % | 0.00% | 0.00% |
| 0.88 | 4.50 | |
| EPS in Rs | 0.67 | 3.45 |
| Dividend Payout % | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 132% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 411% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 484% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 13.04 | 13.04 |
| Reserves | 25.50 | 28.77 |
| 0.45 | 6.16 | |
| 1.77 | 2.87 | |
| Total Liabilities | 40.76 | 50.84 |
| 3.66 | 16.35 | |
| CWIP | 9.60 | 0.00 |
| Investments | 0.00 | 10.16 |
| 27.50 | 24.33 | |
| Total Assets | 40.76 | 50.84 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| -13.67 | 9.92 | |
| -2.08 | -14.15 | |
| 19.54 | 1.22 | |
| Net Cash Flow | 3.79 | -3.01 |
| Free Cash Flow | -15.75 | 5.97 |
| CFO/OP | -899% | 194% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Debtor Days | 159.53 | 100.08 |
| Inventory Days | 383.79 | |
| Days Payable | 49.15 | |
| Cash Conversion Cycle | 494.18 | 100.08 |
| Working Capital Days | 333.81 | 108.92 |
| ROCE % | 10.97% |
Insights
In beta| Mar 2024 | Mar 2025 | |
|---|---|---|
| Capital Work-in-Progress (CWIP) INR lakhs ・Standalone data |
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| Inventory of Trading Goods (Stock-in-Trade) INR lakhs ・Standalone data |
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| PPE - Buildings (Net Carrying Amount) INR lakhs ・Standalone data |
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| PPE - Vehicles (Net Carrying Amount) INR lakhs ・Standalone data |
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| Property, Plant and Equipment (Net Carrying Amount - Total) INR lakhs ・Standalone data |
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| Trade Receivables (Net) - Credit Extended to Dealers INR lakhs ・Standalone data |
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| Number of Employees (workforce as per MD&A) count ・Standalone data |
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| Number of Permanent Employees (incl. Executive Directors and KMPs) count ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Press Release
- BikeWo renews Commerce Forever partnership focus for phased deployment of up to 2,500 e-two-wheelers.
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Shareholders meeting
- Submitted FY2025-26 annual report and AGM notice; includes director reappointments and 29 September 2026 AGM.
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Appointment
- Board reappointed Manideep Katepalli as CMD from November 20, 2026; AGM on September 29, 2026.
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Outcome of Board Meeting
- Board reappointed Manideep Katepalli as CMD from Nov 20, 2026; AGM set for Sept 29, 2026.
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Updates
- BikeWo submitted its August 2026 investor presentation, outlining EMI strategy and mainboard migration roadmap.
Concalls
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Sep 2026TranscriptAI SummaryPPT
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.