Key Metrics 
Check Before You Invest 
10 Yrs X-Ray 
Valuation 
Analyst Note 
Qtr. Results 
Financials 
News 
About
Zelio E-Mobility Ltd (544563)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544563 NSE: Automobile Two & Three Wheelers | Small Cap | Zelio E-Mobility Share Price
₹1,129 9.10 (0.81%)
As on 12-Oct'26 16:59
Zelio E-Mobility Ltd (544563)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544563 NSE: Automobile Two & Three Wheelers | Small Cap | Zelio E-Mobility Share Price
₹1,129 9.10 (0.81%)
As on 12-Oct'26 16:59
Key Metrics
Valuation Multiples
Market Cap
₹2,388 Cr.
Current Price
₹1,129
52-Week Low / High
₹179 / 1,129
TTM EPS
₹13.4
TTM Sales
₹311 Cr.
Book Value per Share
₹52.7
P/E Ratio
84.12
Higher than its 5-year historical median
Industry PE
29.7
Price to Book (P/B)
21.41
Higher than its 5-year historical median
Price to Sales (P/S)
7.69
Higher than its 5-year historical median
EV/EBITDA
62.66
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
25.45%
Return on Capital Employed (ROCE)
27.81%
Return on Assets (ROA)
18.36%
Operating Profit Margin
11.3%
Net Profit Margin
9.14%
Gross Profit Margin
11.6%
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
76.28%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
72.77%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹90 Cr.
Equity
₹21.2 Cr.
Face Value
₹10
All Time Low / High
₹154.90 / 1121.75
Check Before You Invest
Quality
Not GoodValuation
OvervaluedCheck Valuation charts
Price Trend
Weak
Is Zelio E-Mobility Ltd a good quality company?
Zelio E-Mobility Ltd is a weak quality company, based on a inconsistent multi-year financial track record.
This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.
We have analysed the performance of the company on the following:
-
How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
-
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
-
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.
How does Zelio E-Mobility Ltd performance compare with that of its Peers?
Revenue growth of Zelio E-Mobility Ltd vs industry peers?
Zelio E-Mobility Ltd revenue CAGR is 34.64%, compared to the industry median CAGR of %, indicating faster growth and gaining its market share.
Promoter shareholding and pledge status of Zelio E-Mobility Ltd?
Promoters hold 72.77% of the Zelio E-Mobility Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Stock return of Zelio E-Mobility Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of 523.21% based on the current price.
10 Year X-Ray :
Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year endData adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Zelio E-Mobility Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Value Creation ⓘ
| Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|
| ROCE % ⓘ | 32.8% | 44.1% | 44.8% | 51.7% | 38.4% | - |
| Value Creation Index ⓘ | 1.3 | 2.2 | 2.2 | 2.7 | 1.7 | - |
Growth Parameters ⓘ |
||||||
| Sales ⓘ | 12.9 | 51.3 | 94.4 | 172 | 304 | 304 |
| Sales YoY Gr. | - | 297.6% | 84.3% | 82.4% | 76.3% | - |
| Adj EPS ⓘ | 0.7 | 1.7 | 3.6 | 9 | 12.5 | 13.3 |
| YoY Gr. | - | 138% | 114.2% | 148.3% | 39.3% | - |
| BVPS (₹) ⓘ | 0.8 | 2.6 | 6.5 | 16.1 | 52.6 | 52.6 |
| Adj Net Profit ⓘ | 1.2 | 2.8 | 6 | 14.9 | 26.5 | 28 |
| Cash Flow from Ops. ⓘ | -3.1 | -0.9 | 1.1 | -6.9 | -7.4 | - |
| Debt/CF from Ops. ⓘ | -1.2 | -10.5 | 12.6 | -4.5 | -2.5 | - |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 80.9% | 76.3% | ||||
| Adj EPS ⓘ | NA | NA | 94.9% | 39.3% | ||||
| BVPSⓘ | NA | NA | 171% | 225.7% | ||||
| Share Price | - | - | - | 500.1% | ||||
Key Financial Parameters ⓘ
| Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 90.6 | 98.8 | 79.6 | 79.6 | 38.4 | 25.2 |
| Op. Profit Mgn % ⓘ | 12 | 7.9 | 9.3 | 12.2 | 11.3 | NAN |
| Net Profit Mgn % ⓘ | 9.2 | 5.5 | 6.3 | 8.6 | 8.7 | 9.2 |
| Debt to Equity ⓘ | 2.9 | 2.2 | 1.3 | 1.2 | 0.2 | - |
| Working Cap Days ⓘ | 0 | 67 | 60 | 78 | 95 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 38 | 36 | 47 | 44 | 0 |
Valuation of Zelio E-Mobility - Consolidated
Analyst's Notes
No data found!
Management X-Ray
Shareholding Pattern
Promoter's Holding & Share Pledging
| Pledged * | 0.00 | 0.00 | 0.00 |
* Pledged shares as % of Promoter's holding (%)
Financials
| PARTICULARS | Mar'26 |
|---|---|
| Sales | 311 |
| Operating Expenses ⓘ + | 276 |
| Operating Profit ⓘ | 35 |
| Operating Profit Margin (%) | 11.3% |
| Other Income ⓘ + | 3 |
| Interest ⓘ | 2 |
| Depreciation ⓘ | 1 |
| Profit Before Tax ⓘ | 34 |
| Tax ⓘ | 6 |
| Profit After Tax | 28 |
| PAT Margin (%) | 9.1% |
| Adjusted EPS (₹) | 13.4 |
| Dividend Payout Ratio (%) | 0% |
| PARTICULARS | Mar'26 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | |||||||||||
| Shareholders Fund + | 112 | ||||||||||
| Debt + | 19 | ||||||||||
| Minority Interest | 0 | ||||||||||
| Trade Payables | 16 | ||||||||||
| Others Liabilities ⓘ | 8 | ||||||||||
| Total Liabilities ⓘ | 155 | ||||||||||
Fixed Assets | |||||||||||
| Net Fixed Assets ⓘ + | 14 | ||||||||||
| CWIP ⓘ | 7 | ||||||||||
| Investments ⓘ | 0 | ||||||||||
| Inventories | 58 | ||||||||||
| Trade Receivables | 3 | ||||||||||
| Cash Equivalents | 26 | ||||||||||
| Others Assets ⓘ | 46 | ||||||||||
| Total Assets ⓘ | 155 | ||||||||||
| PARTICULARS | Mar'26 |
|---|---|
| Cash Flow From Operating Activity ⓘ + | -11 |
| Cash Flow From Investing Activity ⓘ + | -7 |
| Cash Flow From Financing Activity ⓘ + | 44 |
| Net Cash Flow ⓘ | 26 |
| PARTICULARS | Mar'26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 25.45 | |||||||||
| ROCE (%) | 27.81 | |||||||||
| Asset Turnover Ratio | 2.01 | |||||||||
| PAT to CFO Conversion(x) | -0.39 | |||||||||
| Working Capital Days | ||||||||||
| Receivable Days | 4.10 | |||||||||
| Inventory Days | 68.30 | |||||||||
| Payable Days | 24.30 | |||||||||
Top 5 Mutual Funds Holding
Last Visited Stocks
Announcements
Zelio E-Mobility Ltd FAQs
The current trading price of Zelio E-Mobility on 12-Oct-2026 16:59 is ₹1,129.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 11-Oct-2026 the market cap of Zelio E-Mobility stood at ₹2,387.8 Cr
The latest P/E ratio of Zelio E-Mobility as of 11-Oct-2026 is 85.19.
The latest P/B ratio of Zelio E-Mobility as of 11-Oct-2026 is 21.48.
The 52-week high of Zelio E-Mobility is ₹1,129 and the 52-week low is ₹179.2.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Zelio E-Mobility is ₹304 ( Cr.) .
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Zelio E-Mobility Ltd is a below average quality company.
The key valuation ratios of Zelio E-Mobility Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Zelio E-Mobility Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
About Zelio E-Mobility Ltd
Zelio E-Mobility was originally incorporated as ‘Zelio Auto Private Limited’ on July 15, 2021. Further, pursuant to Special Resolution passed by the shareholders at the Extra Ordinary General Meeting held on October 25, 2024, the name of the company was changed from ‘Zelio Auto Private Limited’ to ‘Zelio E-Mobility Private Limited’ and a fresh certificate of incorporation consequent upon change of name was issued by the Registrar of Companies, Central Processing Centre vide letter dated November 21, 2024. Subsequently, the company was converted into a Public Limited Company vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting, held on November 22, 2024 and consequently the name of the company was changed from ‘Zelio E-Mobility Private Limited’ to ‘Zelio E-Mobility Limited’ vide a fresh certificate of incorporation consequent upon conversion from private company to public company dated November 29, 2024 issued by the Registrar of Companies, Central Processing Centre.
It is primarily engaged in the business of manufacturing, assembling and supplying of electric vehicles, offering a wide range of electric two-wheelers (E-2Ws) and three-wheelers (3Ws), available in a variety of design, color, speed variants etc. It is an ISO 45001:2018, ISO 9001:2015 and ISO 14001:2015 certified company, operating under the brand name ‘Zelio’ for E-2Ws and ‘Tanga’ for 3Ws and focussing exclusively on the production of E-2Ws and 3Ws which serves environmental benefits such as lower emissions, reduced noise, energy sustainability etc. It launched the first range of electric scooters in FY 2021-22 and operates through a network of exclusive and non-exclusive dealers spanning across urban, semi-urban, and rural areas.
It has an installed capacity of producing thousands of units of electric two-wheelers/three-wheelers and is equipped with various machines such as Conveyor Line-32 meter long, welding machines, impact wrenches, bolt tightening tools, drilling tools etc., for manufacturing, assembling and supplying of electric vehicles. It manufactures EVs by assembling various parts which it outsources from suppliers as per the designs conceptualised by the company. It is registered under the Bureau of Indian Standards and SAE International and also USA has confirmed World Manufacturer identifier (WMI) code for the company. It operates its business through a wide network of dealers. It focuses primarily on B2B transactions. It is working with hundreds of dealers spreading across various states & union territories in India, thus, selling its products pan-India.
Business area of the company
The company is primarily engaged in the business of manufacturing, assembling and supplying of electric vehicles, offering a wide range of electric two-wheelers (E-2Ws) and three-wheelers (3Ws), available in a variety of design, color, speed variants etc.
Products categories of the company
Electric 2- wheelers
- EEVA
- EEVAZX
- GRACY
- Legender
- Mystery
- XMen
Electric 3- wheelers
- Tanga
- Tanga e-Loader
History and millstones
- 2021: Incorporation of the company.
- 2021: Received Test Report for initial Models of E-Scooters - EEVA & Gracy
- 2022-23: Crossed Revenue of Rs 50 crore
- 2023-24: Crossed Revenue of Rs 90 crore
- 2024: Received ICAT Certificate for E-Rickshaw under own Brand Name - Tanga
- 2024: Received ICAT Certificate for its First High Speed E-Scooter - Mystery
- 2024: Received ICAT Certificate for E-Rickshaw under own Brand Name - Tanga E-Loader
- 2024: Change in name of Company from ‘Zelio Auto Private Limited’ to ‘Zelio E-Mobility Private Limited’
- 2024: Conversion of Company from Private Limited to Limited Company i.e. Zelio E-Mobility Limited.
- 2025: Received ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018
- 2025: Executed Lease Deed for Setting up of Proposed Manufacturing Unit at Patan, Hisar, Haryana
- 2025: Incorporated Subsidiary Company ‘Zelio Auto Components Limited’
You have 47 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
