Voler Car Ltd
₹ 216
-4.65%
14 Nov
- close price
About
Incorporated in 2010, Voler Cars Limited provides employee transportation services (ETS) to large MNCs and corporate clients.[1]
Key Points
- Market Cap ₹ 240 Cr.
- Current Price ₹ 216
- High / Low ₹ 255 / 77.4
- Stock P/E 63.0
- Book Value ₹ 35.1
- Dividend Yield 0.00 %
- ROCE 25.4 %
- ROE 21.7 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.1.67 Cr.
* 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
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 26.15 | 23.73 | 23.96 | 30.90 | 42.40 | |
| 19.97 | 21.99 | 23.04 | 26.00 | 37.63 | |
| Operating Profit | 6.18 | 1.74 | 0.92 | 4.90 | 4.77 |
| OPM % | 23.63% | 7.33% | 3.84% | 15.86% | 11.25% |
| 1.75 | 1.10 | 2.67 | 2.70 | 0.75 | |
| Interest | 0.77 | 0.66 | 0.28 | 0.10 | 0.04 |
| Depreciation | 1.52 | 0.89 | 0.55 | 0.24 | 0.11 |
| Profit before tax | 5.64 | 1.29 | 2.76 | 7.26 | 5.37 |
| Tax % | 0.00% | 27.91% | 26.81% | -15.15% | 16.20% |
| 5.64 | 0.93 | 2.02 | 8.36 | 4.50 | |
| EPS in Rs | 380.31 | 62.71 | 136.21 | 563.72 | 4.04 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 21% |
| TTM: | 26% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 70% |
| TTM: | -6% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 22% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.15 | 0.15 | 0.15 | 0.15 | 11.14 | 11.14 |
| Reserves | -8.51 | -3.26 | -1.24 | 2.76 | 25.89 | 28.02 |
| 8.69 | 5.55 | 3.80 | 1.19 | 0.00 | 0.00 | |
| 12.95 | 8.91 | 8.45 | 6.58 | 6.76 | 6.52 | |
| Total Liabilities | 13.28 | 11.35 | 11.16 | 10.68 | 43.79 | 45.68 |
| 2.15 | 0.93 | 0.47 | 0.31 | 0.29 | 0.35 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1.13 | 0.20 | 0.00 | 0.00 | 0.00 | 4.77 |
| 10.00 | 10.22 | 10.69 | 10.37 | 43.50 | 40.56 | |
| Total Assets | 13.28 | 11.35 | 11.16 | 10.68 | 43.79 | 45.68 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 3.68 | 1.99 | 3.21 | 1.28 | ||
| -0.17 | -0.08 | -0.15 | -23.77 | ||
| -3.46 | -2.03 | -2.35 | 28.58 | ||
| Net Cash Flow | 0.05 | -0.12 | 0.70 | 6.10 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 70.35 | 25.99 | 36.26 | 43.71 | 38.57 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 70.35 | 25.99 | 36.26 | 43.71 | 38.57 |
| Working Capital Days | -48.43 | -56.76 | -33.97 | 7.91 | 46.14 |
| ROCE % | 136.46% | 118.06% | 152.72% | 25.38% |
Documents
Announcements
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Press Release
8 November 2025 - Q2 & H1 FY26: H1 income ₹2,740.34L; H1 net profit ₹213.22L; Q2 income ₹1,446.11L.
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Updates
7 November 2025 - Auditor certificate confirming ₹20,38,25,000 IPO proceeds used for working capital; dated 07-11-2025.
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Statement of deviation(s) or variation(s) under Reg. 32
7 November 2025 - No deviation; Rs27.00 crore IPO proceeds; Rs299.94 lakh utilized; Rs2,400.06 lakh unutilized as of 30 Sep 2025.
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Outcome of Board Meeting
7 November 2025 - Approved unaudited Q2/H1 results ended Sep 30, 2025; Q2 revenue ₹1,388.67 lakh; limited review by auditor
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Updates
30 October 2025 - Onboarded Coforge Business Process Solutions; expected ~₹1 crore annual revenue for corporate mobility services.
Concalls
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Mar 2025TranscriptNotesPPT
Business Model[1]
Voler Car operates in the Employee Transportation Services (ETS) sector, catering to IT/ITeS firms, large corporates, and MNCs across major Indian cities. The company follows an asset-light model, relying primarily on vendor-sourced vehicles rather than owning a fleet, allowing operational flexibility and cost efficiency.