Tunwal E-Motors Ltd
Incorporated in December 2018, Tunwal E-Motors Limited specializes in designing, developing, manufacturing, and distributing electric two-wheelers.[1]
- Market Cap ₹ 183 Cr.
- Current Price ₹ 31.7
- High / Low ₹ 64.0 / 27.2
- Stock P/E 15.4
- Book Value ₹ 18.6
- Dividend Yield 0.00 %
- ROCE 19.9 %
- ROE 19.3 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 212% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 33.3%
- Promoter holding has increased by 1.56% over last quarter.
Cons
- Earnings include an other income of Rs.6.27 Cr.
- Debtor days have increased from 27.5 to 45.2 days.
- Working capital days have increased from 138 days to 206 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 2/3 Wheelers
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 4m | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
0 | 1 | 1 | 75 | 76 | 105 | 179 | |
0 | 1 | 1 | 71 | 70 | 87 | 166 | |
Operating Profit | 0 | 0 | 0 | 4 | 7 | 18 | 12 |
OPM % | 13% | 34% | 6% | 9% | 17% | 7% | |
0 | 0 | 0 | 0 | 0 | 1 | 6 | |
Interest | 0 | 0 | 0 | 1 | 1 | 2 | 2 |
Depreciation | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
Profit before tax | 0 | 0 | 0 | 3 | 5 | 16 | 15 |
Tax % | 20% | 30% | 28% | 24% | 25% | 22% | |
0 | 0 | 0 | 2 | 4 | 12 | 12 | |
EPS in Rs | 0.00 | 40.00 | 1.54 | 22.74 | 1.80 | 2.85 | 2.14 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 5% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 198% |
3 Years: | 34% |
TTM: | 71% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 212% |
3 Years: | 72% |
TTM: | 0% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 35% |
3 Years: | 33% |
Last Year: | 19% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Equity Capital | 0.01 | 0.01 | 0.52 | 1 | 4 | 8 | 11 |
Reserves | 0 | 0 | 0 | 3 | 4 | 12 | 92 |
0 | 3 | 3 | 14 | 19 | 21 | 33 | |
0 | 0 | 1 | 33 | 30 | 35 | 59 | |
Total Liabilities | 0 | 4 | 5 | 50 | 57 | 76 | 194 |
0 | 3 | 4 | 10 | 11 | 11 | 20 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 5 |
0 | 1 | 1 | 40 | 46 | 64 | 166 | |
Total Assets | 0 | 4 | 5 | 50 | 57 | 76 | 194 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
2 | -3 | -2 | 0 | -53 | |||
-2 | -7 | -2 | -1 | -21 | |||
1 | 11 | 5 | 0 | 80 | |||
Net Cash Flow | 1 | 2 | 1 | -1 | 6 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Debtor Days | 130 | 23 | 5 | 28 | 10 | 45 | |
Inventory Days | 311 | 24 | 180 | 159 | 250 | 247 | |
Days Payable | 269 | -185 | 151 | 99 | 87 | 120 | |
Cash Conversion Cycle | 172 | 231 | 34 | 88 | 173 | 172 | |
Working Capital Days | 211 | -339 | 59 | 92 | 117 | 206 | |
ROCE % | 7% | 12% | 38% | 26% | 52% | 20% |
Documents
Announcements
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Structural Digital Database
29 May 2025 - Submission of SEBI SDD compliance certificate for FY ended March 31, 2025.
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Updates
28 May 2025 - In-principle approval and listing of 2.39 million preferential shares locked till Nov 2026.
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Press Release
26 May 2025 - Tunwal E-Motors secures 500+ dealer orders and direct sales at Auto Cluster Expo 2025.
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Utilisation of Funds
26 May 2025 - Auditor certifies Rs. 8171.5L IPO funds utilized as per objects, no deviations till 31 Mar 2025.
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Statement of deviation(s) or variation(s) under Reg. 32
26 May 2025 - No deviation in utilization of Rs.81.7 Cr IPO funds for half year ended March 2025.
Annual reports
No data available.
Business Profile[1] The company has over 23 different scooter models under 6 variants