Victory Electric Vehicles International share price & results
- Mar 2026
- Mar 2026
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 15.3 | −52.7% YoY | Quarterly, as filed | Quarter to Mar 2026 | Revenue from operations as filed. |
| Operating margin | 8.0 | −11.0 pts YoY | Operating profit / revenue | Quarter to Mar 2026 | For the quarter; a change is in percentage points. |
| Net profit | 0.53 | −86.9% YoY | Quarterly, as filed | Quarter to Mar 2026 | Profit after tax as filed. |
| Return on equity | −35.1 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Free cash flow margin | -44.76 | −38.1 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | −42.7 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. |
Price
Performance −61.4% YTD
YTD: ₹32.75 on 14 Jan 2026 → ₹12.65. High ₹32.75 (14 Jan 2026), low ₹12.05 (23 Oct 2026).
- Previous close
- ₹12.05
- Market cap
- ₹32 Cr
- 52-week range
- ₹12.05 – ₹32.75
- Price to earnings (FY ending Mar 2026)
- 14.88×
- Return on equity (FY ending Mar 2026)
- 6.95%
Overview
- Symbol
- NSE:VICTORYEV
- Industry
- Consumer Discretionary
- Exchange
- NSE
- Currency
- INR
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 5 fiscal years held (Mar 2022 to Mar 2026).
Financials
What the filings say
Net profit, year on year: −87% (quarter to mar 2026 against mar 2025).
| Line item | Jun 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Sales | 8 | 32 | 15 |
| Expenses | 7 | 26 | 14 |
| Operating profit | 1 | 6 | 1 |
| Operating margin | 17.9% | 18.9% | 8.0% |
| Other income | 0 | 0 | 0 |
| Interest | 0 | 1 | 1 |
| Depreciation | 0 | 0 | 0 |
| Profit before tax | 1 | 5 | 1 |
| Tax rate | 23.2% | 26.2% | 29.3% |
| Net profit | 1 | 4 | 1 |
| EPS (₹ per share) | 1.86 | 2.59 | 0.22 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity capital | 1 | 2 | 3 | 8 | 12 |
| Reserves | 1 | 2 | 7 | 7 | 35 |
| Borrowings | 8 | 6 | 5 | 9 | 2 |
| Other liabilities | 10 | 9 | 7 | 7 | 6 |
| Total liabilities | 21 | 19 | 22 | 31 | 55 |
| Fixed assets | 2 | 1 | 1 | 2 | 2 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other assets | 19 | 18 | 21 | 30 | 53 |
| Total assets | 21 | 19 | 22 | 31 | 55 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Cash from operations | 3 | 3 | 2 | -3 |
| Cash from investing | -1 | -1 | -1 | -1 |
| Cash from financing | -1 | -2 | -1 | 4 |
| Net cash flow | 0 | -0 | 0 | 0 |
| Free cash flow | 2 | 2 | 2 | -3 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Debtor days | 61 | 60 | 78 | 116 | 202 |
| Inventory days | 58 | 11 | 36 | 51 | 143 |
| Days payable | 74 | 48 | 25 | 28 | 54 |
| Cash conversion cycle | 46 | 24 | 88 | 139 | 291 |
| Working capital days | 17 | 22 | 64 | 87 | 393 |
| Return on capital employed | — | 16.4% | 55.6% | 40.9% | 10.5% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Who owns it
Promoters hold 63.33% as of Mar 2026.
- Promoters 63.33%
- Domestic institutions 0.42%
- Public 36.25%
Who is on the register
Named in the Mar 2026 filing
Every holder of Victory Electric Vehicles International Limited above SEBI's 1% disclosure line.
| Holder | Stake |
|---|---|
| 36.28% | |
| 26.82% | |
| 5.85% | |
| 2.31% | |
| 2.28% | |
| 2.08% | |
| 1.26% | |
| 1.20% | |
| Corporate | 1.08% |
| 1.06% | |
| 1.01% | |
| 0.22% |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Your own record
Start an Inve Case for Victory Electric Vehicles International Limited
Free account: one company. Everything above stays public.
Write why you follow Victory Electric Vehicles International Limited and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading
Other Automobile and Auto Components companies
Learn to analyse Victory Electric Vehicles International Limited
Guides on how to read this kind of business and the numbers that matter.