---
title: "Zelio E-Mobility Ltd (544563) — Share Price, Financials & Analysis"
symbol: "544563"
company: "Zelio E-Mobility Ltd"
canonical: "https://tapetide.com/stocks/544563"
isin: "INE1B3501014"
nse_symbol: "ZELIOEMOBILITYLTD"
bse_code: "544563"
sector: "Automobiles"
industry: "Bikes"
market_cap_cr: 1753.3
generated_at: "2026-09-13T18:36:54.950Z"
---

# Zelio E-Mobility Ltd (544563)

Canonical page: https://tapetide.com/stocks/544563

## Company

- **NSE Symbol:** ZELIOEMOBILITYLTD
- **BSE Code:** 544563
- **ISIN:** INE1B3501014
- **Sector:** Automobiles
- **Industry:** Bikes
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2025-10-08
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** zelioebikes.com

## About

Zelio E-Mobility is primarily engaged in the business of manufacturing, assembling and supplying of electric vehicles, offering a range of electric two-wheelers (E-2Ws) and three-wheelers (3Ws), available in a variety of design, color, speed variants etc.(Source : 202503 Annual Report Page No:26)

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:43:55.667802Z.

- **Market Cap:** ₹1753.3 Cr
- **Classification:** SME
- **P/E (reported):** 61.8
- **Book Value:** ₹52.73
- **Price to Book:** 15.72
- **Dividend Yield:** 0%
- **ROE:** 60.02%
- **ROCE:** 59.92%
- **Debt to Equity:** 0.17
- **Revenue (yearly):** ₹303.54 Cr
- **Net Income:** ₹27.85 Cr
- **EBITDA:** ₹34.36 Cr
- **52-Week High:** ₹900.6
- **52-Week Low:** ₹154.9
- **RSI (14):** 51.45

## Tapetide Score

- **Score:** 57 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Rising
- **Percentile:** 77.8 (of 4473 scored stocks)
- **Confidence:** 86%
- **Data coverage:** 71%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 81.06 | 9% |
| growth | 98.9 | 9% |
| momentum | 98.9 | 12% |
| ownership | 56.95 | 24% |
| quality | 51.74 | 22% |
| valuation | 17.99 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 52.9%

### Weaknesses

- Stock is trading at 16.1 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 50.7 days to 77.6 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -954.46% | -940.22% | -216% |
| ebitda margin growth | -14.03% | 14.97% | -12.76% |
| net income growth | 74.06% | 109% | — |
| revenue growth | 74.65% | 81% | 87.78% |
| roce | 17.03% | 17.51% | 55.25% |
| roe | 1.47% | 63.1% | -14.42% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 75 | 97 | 133 | 170 |
| Expenses | 66 | 85 | 118 | 151 |
| Operating Profit | 9 | 12 | 15 | 19 |
| OPM % | 12 | 12 | 11 | 11 |
| Other Income | 1 | 1 | 1 | 2 |
| Interest | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 |
| Profit before tax | 9 | 11 | 14 | 20 |
| Tax % | 17 | 18 | 18 | 17 |
| Net Profit | 7 | 9 | 12 | 16 |
| EPS in Rs | 2350 | 5.42 | 7.15 | 7.66 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 13 | 51 | 94 | 172 | 304 |
| Expenses | 11 | 47 | 85 | 151 | 269 |
| Operating Profit | 2 | 4 | 9 | 21 | 34 |
| OPM % | 12 | 8 | 9 | 12 | 11 |
| Other Income | 0 | 0 | 0 | 2 | 3 |
| Interest | 0 | 0 | 1 | 2 | 2 |
| Depreciation | 0 | 0 | 1 | 1 | 1 |
| Profit before tax | 2 | 4 | 8 | 19 | 34 |
| Tax % | 18 | 17 | 17 | 17 | 17 |
| Net Profit | 1 | 3 | 6 | 16 | 28 |
| EPS in Rs | 423.33 | 1020 | 2103.33 | 9.69 | 13.25 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.03 | 0.03 | 0.03 | 17 | 21 |
| Reserves | 1 | 4 | 11 | 10 | 90 |
| Borrowings | 4 | 10 | 14 | 31 | 19 |
| Other Liabilities | 4 | 2 | 4 | 8 | 23 |
| Total Liabilities | 9 | 15 | 29 | 66 | 153 |
| Fixed Assets | 0 | 1 | 8 | 8 | 14 |
| CWIP | 0 | 4 | 1 | 4 | 7 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 8 | 11 | 20 | 54 | 132 |
| Total Assets | 9 | 15 | 29 | 66 | 153 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -3 | -1 | 1 | -10 | -7 |
| Cash from Investing Activity | 0 | -4 | -5 | -5 | -9 |
| Cash from Financing Activity | 4 | 5 | 3 | 15 | 42 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 26 |
| Free Cash Flow | -4 | -5 | -4 | -14 | -15 |
| CFO/OP | -186 | -10 | 25 | -28 | -7 |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 7 | 7 | 6 | 10 | 3 |
| Inventory Days | 246 | 56 | 64 | 87 | 87 |
| Days Payable | 72 | 7 | 13 | 9 | 24 |
| Cash Conversion Cycle | 182 | 56 | 57 | 88 | 66 |
| Working Capital Days | 65 | 25 | 32 | 43 | 78 |
| ROCE % | — | 44 | 45 | 52 | 38 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Promoters | 100% | 72.77% | 72.77% |
| FIIs | 0% | 3.42% | 0.09% |
| DIIs | 0% | 10.88% | 2.13% |
| Government | 0% | 0% | 0% |
| Public | 0% | 10.3% | 20.17% |
| Others | 0% | 2.62% | 4.84% |
| No. of Shareholders | 7 | 7 | 816 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 10 / 4 / 5

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 853.12 | Sell |
| EMA (10) | 848.77 | Sell |
| SMA (20) | 857.07 | Sell |
| EMA (20) | 838.94 | Buy |
| SMA (50) | 776.45 | Buy |
| EMA (50) | 771.38 | Buy |
| SMA (100) | 642.09 | Buy |
| EMA (100) | 673.04 | Buy |
| SMA (200) | 508.16 | Buy |
| EMA (200) | 532.08 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 55.38 | Neutral |
| MACD (12,26,9) | 21.23 | Sell |
| Stochastic (14,3,3) | 19.02 | Buy |
| ADX (14) | 34.09 | Buy |
| Williams %R (14) | -62.13 | Neutral |
| ATR (14) | 19.68 | Neutral |
| ROC (12) | -4.2 | Sell |
| Stoch RSI (14) | 14.27 | Buy |
| UO (7,14,28) | 50.48 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4b3e26f0-5400-4605-92d3-1116320107ad.pdf) |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c3cab5f7-6b98-4753-a7d7-cd18520a916b.pdf) |
| 2026-09-07 | [Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Directors Held On 07Th September 2026 In Accordance With Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a4e2663a-268b-48cf-b239-4f03eb47fde3.pdf) |
| 2026-09-07 | [Notice Of 05Th Annual General Meeting (AGM) And Annual Report For FY 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e2e74a8a-1cdd-4b0a-95c3-5cd342f07eee.pdf) |
| 2026-09-07 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=861872f6-072c-4553-a29f-31f47a4dcd05.pdf) |
| 2026-09-07 | [Announcement Under Regulation 30 (LODR) - Letter To Shareholders Providing Web-Link Of Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7d300eb4-e2dd-4671-a77f-25fc7dcac173.pdf) |
| 2026-08-08 | [Intimation Under Regulation 30 Of SEBI (LODR) Regulations 2015 Regarding Participation In Emkay Confluence 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3728df8b-c941-4857-98f5-74a5549d0c2d.pdf) |
| 2026-08-03 | [Announcement Under Regulation 30 Read With Para A Of Part A Of Schedule III Of SEBI (LODR) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0b21aabc-290f-4add-a2e9-8bed3b3aa1a4.pdf) |
| 2026-08-03 | [Revised Intimation Under Regulation 30 Of SEBI (LODR) Regulations 2015 - Receipt Of Show Cause Notice From Customs Authority](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=de25bb3b-5928-4058-b7b2-e976a01ce937.pdf) |
| 2026-07-29 | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a4712dac-8d67-4723-9609-d5e0c78d56eb.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-06-04 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=68f182c0-0d43-4cc9-b011-bca4722bdb9c.pdf) |
| 2025-11-28 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3524d0e4-71ab-42e0-aaeb-0ec6b709d6a6.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4623d6dc-a301-4368-b635-f2fe841e1bc9.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3524d0e4-71ab-42e0-aaeb-0ec6b709d6a6.pdf) |
| Jun 2026 | [Concall - Jun 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/68f182c0-0d43-4cc9-b011-bca4722bdb9c.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-05-29 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eaa8ab5d-5dbd-4101-a335-a125f1125c5f.pdf) |
| 2025-11-22 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=66767107-c39a-4e77-9b44-9cbe5fe9b4cd.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-28 | [Board Meeting Outcome For The Board Of Directors In Their Meeting Held On May 28 2026 Has Approved The Annual Audited Financial Results (Standalone And Consolidated) For The Half Year And Year Ended March 31 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9b087aee-2669-435d-a198-8b3e9bf0e85b.pdf) |
| 2025-11-14 | [Submission Of Unaudited Standalone & Consolidated Financial Results For The Half Year Ended On September 30 2025 Along With Limited Review Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b5cd010f-7f5b-4891-9cc1-ee4120cdfe4a.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Mar - Approved 39,000 sq.ft Coimbatore warehouse/assembly lease from 01-Apr-2026; operations July 2026; auditors appointed; credit facility authorization. | [Board Meeting Outcome for Outcome Of The Meeting Of Board Held On 09 March 2026 Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015 9 Mar - Approved 39,000 sq.ft Coimbatore warehouse/assembly lease from 01-Apr-2026; operations July 2026; auditors appointed; credit facility authorization.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1b1ced61-ee00-420a-a2f0-5834bf2fcf97.pdf) |
| 9 Mar - Approved 39,000 sq.ft Coimbatore lease from 01-Apr-2026 (5-year term); auditors appointed; directors authorized to seek credit facilities. | [Appointment Of Secretarial Auditor 9 Mar - Approved 39,000 sq.ft Coimbatore lease from 01-Apr-2026 (5-year term); auditors appointed; directors authorized to seek credit facilities.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d5f4a597-84d6-4ddf-b869-b3a3c1230ef4.pdf) |
| 9 Apr - Filed Regulation 74(5) certificate for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Filed Regulation 74(5) certificate for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/32b7062e-dab3-421a-9cdd-8e6575c88673.pdf) |
| 5 March 2026 - Shaival Reality CFO Bhavya Bakrip Kamdar resigns effective 10 April 2026; cites better opportunities. | [Resignation 5 March 2026 - Shaival Reality CFO Bhavya Bakrip Kamdar resigns effective 10 April 2026; cites better opportunities.](https://nsearchives.nseindia.com/corporate/SHAIVAL_05032026155336_Resignation_letter.pdf) |
| 5 March 2026 - CFO Bhavya Sandip Kamdar resigning effective April 10, 2026; resignation dated Feb 25, 2026. | [Outcome of Board Meeting 5 March 2026 - CFO Bhavya Sandip Kamdar resigning effective April 10, 2026; resignation dated Feb 25, 2026.](https://nsearchives.nseindia.com/corporate/SHAIVAL_05032026155539_bm_outcome.pdf) |
| 26 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for year ended Mar 31, 2026. | [Closure of Trading Window 26 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for year ended Mar 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/87d0fc64-0134-42f0-813a-05ecd1f932ab.pdf) |
| 26 Mar - MoU: Zelio to sponsor Punjab Kings for Indian Premier League 2026 (25 Mar–31 Dec 2026). | [Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Execution Of Memorandum Of Understanding (Mou). 26 Mar - MoU: Zelio to sponsor Punjab Kings for Indian Premier League 2026 (25 Mar–31 Dec 2026).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/022076af-1212-421e-bb95-fd64e9564d1f.pdf) |
| 25 February 2026 - Trading window closed from 25/02/2026 due to CFO/KMP resignation; reopens 48 hours after disclosure. | [Trading Window 25 February 2026 - Trading window closed from 25/02/2026 due to CFO/KMP resignation; reopens 48 hours after disclosure.](https://nsearchives.nseindia.com/corporate/SHAIVAL_25022026191727_TW_revised_.pdf) |
| 25 February 2026 - Trading window closed from 05/03/2026 due to CFO resignation; reopens 48 hours after disclosure. | [Trading Window 25 February 2026 - Trading window closed from 05/03/2026 due to CFO resignation; reopens 48 hours after disclosure.](https://nsearchives.nseindia.com/corporate/SHAIVAL_25022026190707_TW.pdf) |
| 25 February 2026 - CFO Bhavya Bakolip Kamdar resigns, effective 10 April 2026. | [Resignation 25 February 2026 - CFO Bhavya Bakolip Kamdar resigns, effective 10 April 2026.](https://nsearchives.nseindia.com/corporate/SHAIVAL_25022026190419_Resignation_letter.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2025-11-21 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=11045d2c-ac11-4f5f-b6de-faaf1aa07a97.pdf) |
| 2025-10-23 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4623d6dc-a301-4368-b635-f2fe841e1bc9.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:36:54.950Z.