Vadodara-based electric vehicle manufacturer of two/three-wheelers with in-house lithium-ion battery, tractor-component and premium-EV subsidiaries
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 1 | 17 | 18 | 19 | 19 |
| Reserves | 1 | 33 | 63 | 258 | 261 |
| Borrowings | 0 | 23 | 56 | 6 | 7 |
| Other Liabilities | 0 | 4 | 14 | 53 | 70 |
| Total Liabilities | 1 | 77 | 151 | 336 | 358 |
| AssetsFixed Assets | 0 | 33 | 37 | 44 | 92 |
| CWIP | 0 | 9 | 43 | 59 | 28 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 1 | 35 | 71 | 233 | 238 |
| Total Assets | 1 | 77 | 151 | 336 | 358 |
| Line item | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ActivitiesCash from Operating | 0 | -14 | -15 | -44 | — |
| Cash from Investing | 0 | -48 | -55 | -90 | — |
| Cash from Financing | 0 | 70 | 61 | 139 | — |
| SummaryCapital Expenditure | — | — | — | — | — |
| Free Cash Flow | 0 | -56 | -38 | -67 | — |
| FCF Margin | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
531357 · CYCLICAL_UNMODELABLE
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