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Bikewo Green Tech Ltd (BIKEWO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: BIKEWO Automobiles - Dealers & Distributors | Small Cap | Bikewo Green Tech Share Price

BSE Share Price
Not Listed

Bikewo Green Tech Ltd (BIKEWO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: BIKEWO Automobiles - Dealers & Distributors | Small Cap | Bikewo Green Tech Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹160 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹2.4
TTM Sales
₹54.5 Cr.
Book Value per Share
₹31.3
P/E Ratio
48.90
Higher than its 5-year historical median
Industry PE
79.4
Price to Book (P/B)
3.79
Higher than its 5-year historical median
Price to Sales (P/S)
2.94
Higher than its 5-year historical median
EV/EBITDA
29.16
Higher than its 5-year historical median
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
8.15%
Return on Capital Employed (ROCE)
10.98%
Return on Assets (ROA)
7.15%
Operating Profit Margin
10.4%
Net Profit Margin
6.01%
Gross Profit Margin
9.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
131.68%
Operating Profit Growth (1 Year)
-
272.37%
Net Profit Growth (1 Year)
-
395.45%
Asset Quality
Promoter Holding
53.20%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹29 Cr.
Equity
₹13.5 Cr.
Face Value
₹10
All Time Low / High
₹0.00 / 0.00

Bikewo Green Tech stock performance

Key Ratios
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Valuation

Overvalued

Price Trend

Strong
Q.1 Is Bikewo Green Tech Ltd a good quality company?
Bikewo Green Tech 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 Bikewo Green Tech Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Bikewo Green Tech Ltd vs industry peers?
Bikewo Green Tech Ltd revenue CAGR is 50.75%, compared to the industry median CAGR of %, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Bikewo Green Tech Ltd?
Promoters hold 53.20% of the Bikewo Green Tech Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Bikewo Green Tech Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of 709.7% 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 end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

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.
Bikewo Green Tech 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'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ7.6%6.5%2.8%13.6%4%11.1%-
Value Creation
Index ⓘ
-0.5-0.5-0.80.0-0.7-0.2-

Growth Parameters ⓘ

Sales ⓘ22.713.820.62523.554.554
Sales YoY Gr.--39.2%49%21.5%-5.9%131.7%-
Adj EPS ⓘ1.90.30.21.80.52.52.5
YoY Gr.--84.1%-36.7%852.6%-73.5%429.2%-
BVPS (₹) ⓘ14.61414.218.329.632.131.4
Adj Net
Profit ⓘ
0.50.20.11.70.63.33
Cash Flow from Ops. ⓘ2.12.62.7-4.5-13.79.9-
Debt/CF from Ops. ⓘ3.52.62.8-1.7-00.6-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘNA19.1%38.4%131.7%
Adj EPS ⓘNA6.1%137.3%429.2%
BVPSⓘNA17%31.3%8.6%
Share Price - - - 691%

Key Financial Parameters ⓘ

Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ
12.92.81.413.82.38.27.7
Op. Profit
Mgn % ⓘ
2.87.33.411.46.510.4NAN
Net Profit
Mgn % ⓘ
2.11.10.56.62.66.16.1
Debt to
Equity ⓘ
211.10.500.2-
Working Cap
Days ⓘ
01931532203381580
Cash Conv.
Cycle ⓘ
01251141211771080

Valuation of Bikewo Green Tech - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'25Mar'26
Sales2454
Operating Expenses ⓘ + 2249
Manufacturing Costs042
Material Costs214
Employee Cost 02
Other Costs ⓘ 11
Operating Profit ⓘ 26
Operating Profit Margin (%) 6.4%10.4%
Other Income ⓘ + 00
Exceptional Items ⓘ 00
Interest ⓘ 00
Depreciation ⓘ 01
Profit Before Tax ⓘ 14
Tax ⓘ 01
Profit After Tax 13
PAT Margin (%) 2.8%6.0%
Adjusted EPS (₹)0.52.5
Dividend Payout Ratio (%)0%0%
PARTICULARSMar'25Mar'26

Equity and Liabilities

Shareholders Fund + 3942
Share Capital ⓘ 13.0413.04
Reserves ⓘ 2529
Debt +06
Long Term Debt01
Short Term Debt05
Minority Interest00
Trade Payables10
Others Liabilities ⓘ 13
Total Liabilities ⓘ 4151

Fixed Assets

Net Fixed Assets ⓘ +416
Gross Block518
Accumulated Depreciation12
CWIP ⓘ 100
Investments ⓘ 010
Inventories53
Trade Receivables1015
Cash Equivalents 41
Others Assets ⓘ 86
Total Assets ⓘ 4151
PARTICULARSMar'25Mar'26
Cash Flow From Operating Activity ⓘ + -1410
PBT ⓘ 14
Adjustment ⓘ 11
Changes in Working Capital ⓘ -155
Tax Paid ⓘ -0-1
Cash Flow From Investing Activity ⓘ + -2-14
Capex -2-4
Net Investments 0-10
Others ⓘ 00
Cash Flow From Financing Activity ⓘ + 201
Net Proceeds from Shares ⓘ 240
Net Proceeds from Borrowing ⓘ -11
Interest Paid ⓘ -0-0
Dividend Paid ⓘ 00
Others ⓘ -3-0
Net Cash Flow ⓘ 4-3
PARTICULARSMar'25Mar'26
Ratios
ROE (%)1.718.15
ROCE (%)3.2810.98
Asset Turnover Ratio0.581.19
PAT to CFO Conversion(x)-143.33
Working Capital Days
Receivable Days159.6084.50
Inventory Days82.4027.40
Payable Days1242.40

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Announcements

Bikewo Green Tech Ltd FAQs

The current trading price of Bikewo Green Tech on 01-Jan-1970 05:30 is ₹0.00.

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 31-Dec-1969 the market cap of Bikewo Green Tech stood at ₹160.1 Cr

The latest P/E ratio of Bikewo Green Tech as of 31-Dec-1969 is 48.35.

The latest P/B ratio of Bikewo Green Tech as of 31-Dec-1969 is 3.78.

The 52-week high of Bikewo Green Tech is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bikewo Green Tech is ₹54.49 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Bikewo Green Tech Ltd is a below average quality company.

The key valuation ratios of Bikewo Green Tech 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 Strong which suggest that the price of Bikewo Green Tech Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Bikewo Green Tech Ltd

Bikewo Green Tech Limited was incorporated on December 9, 2016 as ‘Right Choice Automobiles Private Limited’, a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation issued by the Deputy Registrar of Companies, Registrar of Companies Central Registration Centre. Subsequently, pursuant to a resolution passed by its Shareholders in their Extraordinary General Meeting held on February 2, 2017, in order to reflect the main business in the name of the company, the name of the company was changed to ‘Right Automobiles Private Limited’ and a fresh certificate of incorporation dated February 14, 2017 was issued by the Registrar of Companies, Telangana at Hyderabad. Subsequently, pursuant to a resolution passed by its Shareholders in their Extraordinary General Meeting held on March 14, 2022 and in order to align the name of the company with its core business activities, the name of the company was changed to ‘Bikewo Green Tech Private Limited’ and a fresh certificate of incorporation dated March 25, 2022 was issued by the Registrar of Companies, Telangana at Hyderabad.

The company is an electric two wheeler retailer in India. It commenced its business operations in 2016 and its revenue from operations has been steady since then. The company since its incorporation had been engaged in the business of buying and selling of used four wheelers from authorised dealers of reputed automobile brands (New Car Dealers). As part of its pre-owned vehicle sale business, it procures used cars from New Car Dealers, who are approached by prospective customers, who wish to sell or exchange their existing vehicles for a new vehicle. Post procuring used cars through such channels, it furthers display them for sale at various sites/ park and sell outlets of its designated used car dealers. It acts as an intermediate channel between the New Car Dealers and its designated park and sell used car lots, by supplying the used cars for sale and earning a margin during the sale of such cars. It has created a small network which undertakes every element of automobile buying from searching for a vehicle, creating buying requirements, price discovery, booking, certification to purchase and financing and doorstep delivery.

Its electric vehicle business focuses on capturing the opportunity arising out of electrification of mobility in India by creating a multi-brand channel for EV two wheelers by offering franchise under its brand in the Tier-I, Tier-II and Tier-III cities. Its business model focuses on creating a dealership chain across Tier-II and Tier-III cities for setting up retail spaces which ensures high visibility and easy accessibility to customers. It focuses on deepening its presence in the regions it operates in before venturing into new markets which has led it to establish brand presence in Telangana, Andhra Pradesh, Tamil Nadu, Maharashtra and Gujarat markets. 

In addition to its defined cluster-focused expansion strategy, its dealership model helps it builds a chain of dealers who are residents of the region in which it operates and therefore are able to penetrate the markets through their market understanding and familiarity with the area and the target customers. This enables the target customers to identify with its brand as well as with its product portfolio and aids its understanding of the market segment and the customer demand preference.

Business area of the company

The company is engaged in the business of buying and selling of used four wheelers from authorised dealers of reputed automobile brands.

Awards and accreditations

  • 2022: The company was bestowed with an award by Optimalmedia Solutions in recognition of the excellence achieved in electric two wheeler dealership using digital technology.

History and milestones

  • 2022: The company diversified its business operations by venturing into marketing and selling of electric vehicles.
  • 2022: It sold franchises of it brand to ten dealers during the first quarter of FY 2022, for opening and operating its stores in Andhra Pradesh and Telangana.
  • 2023: It entered into arrangements with renowned manufacturers, namely, PuR Energy Private Limited, OLA Electric Technologies Limited and Bounce Electric 1 Private Limited for facilitating the sale of their electric two wheelers, through its authorized dealers.
  • 2023: The company introduced an extended warranty of five years at an affordable cost, over and above the three year warranty offered by the manufacturers, on the electric two wheelers sold by its dealer.
  • 2023: It expanded its business operations to Maharashtra, Tamil Nadu, Gujarat, West Bengal and Sikkim by appointing state dealers for maintaining stock of its products in each of these regions and further training and recruiting authorised dealers in such regions.
  • 2023: It sold 1,000 vehicles in the month of March and 15,000 in the month of August.
  • 2024: It sold 2,000 vehicles in the month of January.

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