| Revenue growth | 81.8% in FY26; 121% 4-year CAGR. |
|---|---|
| Margins | EBITDA margin 12.2%; PAT margin 9.1% and stable. |
| Demand visibility | Strong low-speed segment growth (20-25% industry rate). |
| Management confidence | High; emphasizing 100% profitability since inception. |
Growth
FY26 revenue grew 81.8% YoY to ₹313cr; PAT compounded at 124% CAGR since FY23. Unit sales reached 70,000+.
Outlook
Guidance of 75-80% revenue growth for FY27; unit target >125,000. Expanding to 4 plants and 550+ dealers.
Risks
Low awareness of EV benefits; dependency on foreign technical components; competitive high-speed segment; monsoon impacts on rural income.
Last quarter's promises, checked
Delivered
- Guided H1 FY26 Rev ₹134.78cr → delivered ₹134.78cr (= BEAT)
- Guided H1 FY26 EBITDA ₹15.36cr → delivered ₹15.36cr (= BEAT)
- Guided H1 FY26 PAT ₹11.8cr → delivered ₹11.8cr (= BEAT)
Partly delivered
- Guided FY26 Revenue ₹260-280cr → delivered ₹313cr (= BEAT)
- Guided 3-wheeler FY26 target 1,000 units → delivered 400 in H1 (= PARTIAL)
Earnings Call filed with BSE, BSE: 544563. Summary written with AI assistance from the document.
Zelio E-Mobility Ltd: key numbers
- Share price
- ₹1,022.40
- Market cap
- ₹2,162 Cr
- Revenue (annual)
- ₹310.7 Cr
- Net profit (annual)
- ₹28.39 Cr
- P/E (TTM)
- 76.2×Sector 32.5×
- Promoter holding
- 72.77%
- FII holding
- 0.01%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Zelio E-Mobility Ltd
All →Zelio E-Mobility Board Meeting Date
Zelio E Mobility has notified BSE of a board meeting on 13 November 2026 to consider unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026. No financial figures are disclosed in this intimation.
Zelio E-Mobility Production Started
Zelio E-Mobility began commercial production at its new Patan, Hisar plant on October 28, 2026. The plant adds 72,000 annual units of two- and three-wheeler capacity.
- manufacturing capacity (two- and three-wheelers)
- 72000.0 units per annum
Zelio E-Mobility Annual General Meeting
Zelio E-Mobility's EGM approved a preferential issue of equity shares and convertible warrants totaling approximately ₹167.96 Crore. Shareholders also cleared related party transaction limits.
- Value
- ₹168.0 Cr
Zelio E-Mobility Other Announcement
The company submitted its quarterly shareholding pattern under Regulation 31(1)(b) for the period ended September 30, 2026.
Zelio E-Mobility Management Change
Zelio E-Mobility Limited announced the re-appointment of Kunal Arya as Managing Director and M/s. Jagsir Singh & Associates as Secretarial Auditor.
Zelio E-Mobility Annual General Meeting
Zelio E-Mobility called an EGM for October 20, 2026, to seek approval for preferential issues and related-party transaction limits of Rs. 50 crore each.