Zelio E Mobility Ltd (ZELIO)

About

Zelio E Mobility Ltd operates in India's 2/3-wheeler segment within consumer discretionary automobiles. The company is at an early stage with a market cap of ₹1,662.5 Cr; absence of disclosed profitability metrics (PE, ROE, OPM, D/E all n/a) indicates limited operating history or ongoing losses. Stock has recovered from a 52-week low of ₹162.6 to ₹784.2, but the company remains pre-scale.

Face value: ₹10

Market cap

₹2,239 Cr

P/E

79.9×

P/B

—

Dividend yield

0%

ROE

—

ROCE

—

Debt / equity

—

OPM

11.3%

EPS (TTM)

₹13.2

Book value

—

52-week high

—

52-week low

—

Key insights

Company research notes and source-linked reviews

Key risks

No established profitability (PE, ROE, OPM all n/a); research should verify cash-burn rate, timeline to EBITDA positive, and funding runway
Sharp institutional exit in six months (FII from 3.42% to 0.09%, DII from 10.88% to 2.13%); verify what fundamentals, management changes, or operational concerns triggered the shift
High execution risk in capital-intensive manufacturing; verify production capacity utilization, supply-chain stability for batteries and components, and unit-cost trajectory
Thin public float (25.01%) creates liquidity and pricing risk; verify trading volumes and working-capital constraints in scaling production

Generated analysis · source review pending

Growth drivers

Stock recovered 382% from ₹162.6 (52w low) to ₹784.2; verify what product launches, capacity commissioning, or regulatory changes drove the recovery
Public shareholding increased from 12.93% to 25.01% in six months; verify if this reflects new investor confidence tied to operational milestones or subsidy/policy changes
2/3-wheeler EV adoption accelerating in India; verify Zelio's market share, competitive position versus other new entrants, and ability to capture industry growth

Generated analysis · source review pending

240 historical price candles were omitted because the exchange source has not been verified.

₹1,056.1-0%1Y

Quick read

rule-based

Pros

+Comfortable interest coverage of 17.8×
+High promoter holding of 72.8% with no pledge

Cons

−Expensive at 79.9× trailing earnings

Research score

Structured signal from quality, growth, valuation and momentum.

31/100

Business quality: 61
Valuation: 1

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Tvs Motor Company LimitedTVSMOTORTVSMOTOR	₹1,91,038 Cr	₹2,22,662 Cr	₹60,155 Cr	₹8,937 Cr	15%	₹3,428 Cr	5.7%	29%	33.4%	-60
Ather Energy LimitedATHERENERGATHERENERG	₹53,868 Cr	₹54,381 Cr	₹4,244 Cr	₹-307 Cr	-11.1%	₹-390 Cr	-14.1%	-20.2%	-33.7%	-68
Ola Electric Mobility LimitedOLAELECOLAELEC	₹17,162 Cr	₹19,638 Cr	₹1,880 Cr	₹-920 Cr	-44%	₹-1,741 Cr	-81.4%	-23.6%	-43.2%	-91
Zelio E Mobility LtdZELIOZELIO	₹2,239 Cr	—	₹304 Cr	₹34 Cr	11.3%	₹28 Cr	9.2%	—	—	—
Wardwizard Innovations & Mobility LtdWARDINMOBIWARDINMOBI	₹160 Cr	₹356 Cr	₹305 Cr	₹37 Cr	12%	₹6 Cr	2.1%	27%	6.2%	192
Supertech Ev LtdSEVLSEVL	₹42 Cr	—	₹78 Cr	₹7 Cr	8.6%	₹4 Cr	5%	—	—	—

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore

₹ Cr	Mar 2026
Revenue	304
COGS	242
Gross profit	61
	27
Operating profit (EBITDA)	34
OPM %	11.3%
Depreciation	1
Interest	2
	3
Profit before tax	34
Tax	6
Tax %	17.4%
PAT	28
PAT margin %	9.2%
EPS (₹)	15

₹ Cr	Mar 2026
Equity capital	—
Reserves	—
Borrowings	—
	153
Total equity & liabilities	153
Fixed assets	14
CWIP	—
Investments	0
	139
Total assets	153

₹ Cr	Mar 2026
	-7
	-9
	42
Net cash flow	26
Free cash flow	-18
CFO / Operating profit %	-21.5%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2026
Margins
Gross margin %	20.2%
EBITDA margin %	11.3%
EBIT margin %	10.8%
PAT margin %	9.2%
Working capital
Receivable days	—
Inventory days	83
Payable days	—
NWC days	—
Leverage
Current ratio	3.38
Debt to EBITDA	—
Debt to equity	—
Interest coverage	17.8
Asset turnover	1.99
Return ratios
Return on assets %	18.3%
Return on capital employed %	31.3%
Return on equity %	—

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2025	Mar 2026
	72.77%	72.77%
	3.42%	0.09%
	10.88%	2.13%
Government	0%	0%
	12.93%	25.01%
No. of shareholders	1,052	816

Promoter holding up 0 percentage points since Sep 2025.

Mr. NIRAJ ARYAExecutive Director-Chairperson
Mr. DEEPAK ARYAExecutive Director
Mr. KUNAL ARYAExecutive Director-MD
Mr. SULABH JAINNon-Executive - Independent Director
Ms. MEENAKSHI JAINNon-Executive - Independent Director
Ms. SAYURI ARYANon-Executive - Non Independent Director
Priyanka GargCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Zelio E Mobility Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

16

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

No events on record

Corporate actions, results dates and filings will appear here once ingested.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

16 announcementsExport CSV

19 Sept 2026, 6:18 pmBoard Meeting

Board Meeting Intimation for Pursuant To Regulation 29 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.

Exchange filing PDF

8 Sept 2026, 6:24 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

8 Sept 2026, 5:53 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

7 Sept 2026, 9:31 pmCompany Update

Announcement Under Regulation 30 (LODR) - Letter To Shareholders Providing Web-Link Of Annual Report.

General PDF

7 Sept 2026, 9:22 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

7 Sept 2026, 8:59 pmAGM/EGM

Notice Of 05Th Annual General Meeting (AGM) And Annual Report For FY 2025-26

AGM PDF

7 Sept 2026, 8:05 pmOthers

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.

Outcome without intimation PDF

8 Aug 2026, 9:55 pmCompany Update

Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 Regarding Participation In Emkay Confluence 2026

General PDF

Date	Category	Subject	Filing
19 Sept 2026, 6:18 pm	Board Meeting	Board Meeting Intimation for Pursuant To Regulation 29 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.	PDF
8 Sept 2026, 6:24 pm	Company Update Change in Management	Announcement under Regulation 30 (LODR)-Change in Management

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Zelio E Mobility Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Ratios

Ratio timeline

Shareholding

Quarterly record

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

No events on record

Announcements

Announcements

Ratio timeline

Quarterly record

Board and management

No events on record

Not in the F&O segment

No fund holdings on record

Profit & loss

Balance sheet

Cash flow