Zelio E-mobility Ltd. · BSE:ZELIO
Zelio E-mobility — H1 FY26 Earnings Presentation
32 slides from Zelio E-mobility's earnings presentation, Nov 21, 2025
Slide 1: Zelio E-Mobility Limited Investor Presentation
ZELIO E-MOBILITY LIMITED INVESTOR PRESENTATION
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Zelio E-Mobility Limited (the “Company”) for informational purposes only and does not constitute or form part of any offer or invitation, or recommendation to purchase, subscribe for, or sell any securities of the Company, nor shall it or any part of
Slide 3: Table of Content
TABLE OF CONTENT No. Section Title 1 Financial Performance Comparison 2 Message from the Managing Director’s Desk 3 About Zelio 4 India’s EV Revolution 5 Zelio: Profitable in India’s EV 2W Landscape in 6 Vision & Mission 7 India's EV Self-Reliance 8 Manufacturing Facility 9 Product Portfolio 10 Deal
Slide 4: Financial Performance Comparison
Financial Performance Comparison September 2024 vs September 2025 Sept 2024 Sept 2025 Sept 2024 Sept 2025 Growth Sept 2024 Sept 2025 Growth Growth ₹140 Cr 80% ₹20 Cr 70% ₹11.82 Cr 70% 68.40% ₹133.32 Cr 77.11% ₹12 Cr 65.08% ₹120 Cr 60% 60% ₹10 Cr ₹15.27 Cr 60% ₹15 Cr ₹100 Cr 50% 50% ₹8 Cr ₹7.02 Cr ₹8
Slide 5: Message from the Managing Director's Desk
Message from the Managing Director’s Desk It gives me great pleasure to present the financial results for the first half of FY26. This period has been one of steady progress, marked by healthy growth in revenues, improved operational efficiencies, and a continued focus on delivering value to our sta
Slide 6: About Zelio
About Zelio India’s fastest-growing electric mobility company manufacturing and supplying Key Metrics stylish slow speed 2Ws and rugged 3Ws for Bharat ₹816.50Cr. Among top 3 players in slow speed EV 2W Industry 335+ Market Cap strong distribution network Achieved 3x growth in revenue since spread ac
Slide 7: India's EV Revolution: Low-Speed 2Ws Catching Up with High-Speed Growth
India’s EV Revolution: Low-Speed 2Ws Catching Up with High- Speed Growth High Speed Low Speed High speed and Low speed Parallel Growth Curves Year EV 2W EV 2W Market Share LS EV 2W Registering around 30% annual growth (CAGR) 2028 E 25.05 17.57 5-6 % (E) [1,00,000 Units] India’s evenly paced EV expan
Slide 8: Zelio: A Profitable Outlier in India's EV 2W Landscape
Zelio: A Profitable Outlier in India’s EV 2W Landscape Valuation Comparison & Profitability Snapshot As on 19 Nov, 2025 ₹18,645 Cr ₹4,514 Cr -₹1,735 Cr -₹2,276 Cr Market Cap Revenue EBITDA PAT ₹24,700 Cr ₹2,255 Cr -₹581 Cr -₹812 Cr Market Cap Revenue EBITDA PAT ₹816.50Cr. ₹172 Cr 21 Cr. ₹16 Cr Marke
Slide 9: Zelio's Vision, Mission & Momentum
Fueling the Next Growth Curve: Zelio’s Vision, Mission & Momentum VISION We aims to be a benchmark brand in India’s slow-speed EV 2W segment, delivering reliable, high-quality vehicles backed by strong service support and trusted by housewives, students, and senior citizens across Tier-2 and Tier-3
Slide 10: Contributing in India's EV Self-Reliance
Contributing in India's EV Self-Reliance Building an Atmanirbhar EV Supply Chain Zelio's commitment to quality aligns with From CKD assembler today → India-first manufacturer tomorrow Make in India's emphasis on world-class manufacturing standards MANUFACTURING HUMAN RESOURCE OBTAINED 24,458.01 SM 1
Slide 11: Manufacturing Facility
Manufacturing Facility CLICK TO TAKE A VIRTUAL TOUR OF OUR MANUFACTURING PLANT Corporate Office & Manufacturing Unit: Proposed Manufacturing unit: Khewat No 510, 442, Hisar Road, Ladwa, Patan, Hisar- 125120, Haryana, Cuttack, Odissa - 754025 Hisar-125006, Haryana, India India India
Slide 12: Product Portfolio
PRODUCT PORTFOLIO
Slide 13: EEVA
EEVA COLORS EEVA ZX+ COLORS SPECIFICATIONS POWER SPECIFICATIONS POWER MILEAGE 60/90 KM/CHARGE BATTERY GEL BATTERY 12V/32AH/42AH MILEAGE 60/90 KM/CHARGE BATTERY GEL BATTERY 12V/32AH/42AH LITHIUM (60V/30AH LITHIUM (60V/30AH-74V/32AH) CENTER LOCK WITH CENTER LOCK WITH YES YES (ANTI THEFT ALARM) (ANTI T
Slide 14: EEVA ECOLX / EEVA ECOZX
EEVA ECOLX EEVA ECOZX COLORS COLORS SPECIFICATIONS POWER SPECIFICATIONS POWER MILEAGE 60/90 KM/CHARGE BATTERY GEL BATTERY 48-60V/32AH MILEAGE 60/90 KM/CHARGE BATTERY GEL BATTERY 12V/32AH LITHIUM (60V/30AH) LITHIUM (60V/30AH) CENTER LOCK WITH CENTER LOCK WITH YES YES (ANTI THEFT ALARM) (ANTI THEFT AL
Slide 15: X MEN / X MEN 2.0
X MEN X MEN 2.0 COLORS COLORS SPECIFICATIONS POWER SPECIFICATIONS POWER MILEAGE 60/90 KM/CHARGE BATTERY GEL BATTERY (60/72V-32AH) MILEAGE 70/100/120 BATTERY GEL BATTERY 12V/32AH LITHIUM (60V/30AH) KM/CHARGE LITHIUM (60V/30AH) CENTER LOCK WITH CENTER LOCK WITH YES YES (ANTI THEFT ALARM) (ANTI THEFT A
Slide 16: Legender / Gracy / Little
LEGENDER GRACY LITTLE COLORS COLORS SPECIFICATIONS POWER SPECIFICATIONS POWER MILEAGE 100/120 BATTERY GEL BATTERY (60/72-32/42AH, MILEAGE 60/90 KM/CHARGE BATTERY GEL BATTERY 12V/32AH KM/CHARGE LITHIUM (60V/30AH-74V/32AH) LITHIUM (60V/30AH) CENTER LOCK WITH CENTER LOCK WITH YES YES (ANTI THEFT ALARM)
Slide 17: Product-Wise Revenue Bifurcation (FY23–FY25)
TANGA-BUTTERFLY TANGA-FINE Superior Mileage Digital Meter Heavy Duty Chassis Music System Alloy Wheels High & Low Beam Best Battery Best Shockers DRL Best Bumper Headlights Product-Wise Revenue Bifurcation (FY23–FY25) Segment FY23 Revenue (₹ Lakhs) % of Total Revenue FY24 Revenue (₹ Lakhs) % of Tota
Slide 18: Dealer Network
Dealer Network J&K (2) Strategic Expansion Punjab (28) Dealer network has grown more than 3x since FY21 (from 94 to 337+) UK (9) Assam (1) Haryana (50) Quarterly onboarding drives to scale network with market Bihar (15) demand Rajasthan (17) UP (71) Focused growth in Tier II/III and emerging EV mark
Slide 19: Geographically Diversified Revenue Mix
Geographically Diversified Revenue Mix Rs. In Lakhs Top 10 States by Revenue Contribution State FY25 Revenue % of Total Sales FY24 Revenue % of Total Sales FY23 Revenue % of Total Sales Haryana 4,536.15 26.34% 3,910.01 41.41% 2,826.33 55.15% Uttar Pradesh 2,075.23 12.05% 1,012.52 10.72% 280.49 5.47%
Slide 20: Leadership Team
Leadership Team Mr. Niraj Arya Mr. Kunal Arya Mr. Deepak Arya Ms. Sayuri Arya Chairman & Whole Time Director Managing Director Whole Time Director Non-Executive Director Experience: 18 years Experience: 5 years Experience: 12 years Experience: 1.5 years
Slide 21: Competitive Strengths
Competitive Strengths Experienced Promoters with senior Geographically Diversified customer base management backed by marketing team As of March 31, 2025 and FY ending 2023-24, 2022-23 and 2021-22, Promoters and senior management are backed by in-house sales and contributing 88.99%, 95.49%, 97.60% a
Slide 22: Business Strategies
Business Strategies EXPAND OUR MANUFACTURING FACILITY Company is committed to expanding its manufacturing capabilities, For pursuing the same, land has been acquired via a 10-year lease agreement, dated February 13, 2025 EXPANSION OF OUR GEOGRAPHICAL FOOTPRINT Through geographic diversification, aim
Slide 23: Key Events and Milestones
Key Events and Milestones OCT 01, 2021 2023-24 Incorporation of Crossed Revenue of the Company `50 Crores Received Test Report for initial Crossed Revenue of Models of E-Scooters EEVA & Gracy `90 Crores JULY 15, 2021 2022-23 Conversion of Company from Private Ltd. or Received ICAT Certificate for ou
Slide 24: Government Initiatives
Government Initiatives The Government has reaffirmed its As of December 2023, EV commitment towards EVs and its mission manufacturers received a subsidy of for 30% electric mobility by 2030 US$ 637 million (Rs. 5294.00 crore) for selling 11,79,669 electric vehicles under Phase-II of the FAME India B
Slide 25: Key Performance Indicators
Key Performance Indicators (₹ In Lakhs except percentages and ratios) Revenue From Operations EBITDA & EBITDA Margin PAT & PAT Margin 17,218.94 2102.02 1600.84 12.20% 9.29% 9,442.5 875.53 630.88 9.27% 6.68% 401.9 305.53 5,125.07 7.84% 5.96% 2022-23 2023-24 2024-25 2022-23 2023-24 2024-25 2022-23 202
Slide 26: Key Performance Indicators
Key Performance Indicators (₹ In Lakhs except percentages and ratios) RoE (%) RoCE (%) Net Worth 2,667.39 108.00% 36.86% 34.84% 1,066.55 85.75% 83.99% 435.67 29.61% 2022-23 2023-24 2024-25 2022-23 2023-24 2024-25 2022-23 2023-24 2024-25
Slide 27: Statement of Assets and Liabilities
Statement of Assets and Liabilities Rs. In Lakhs Sep 30th 2025 Sep 30t 2024 31st March 2025 Particulars (Un-Audited) Audited Audited I. Equity & Liabilities (a) Share Capital 1,653.00 3.00 1653.00 (b) Reserves & Surplus 2,196.47 1,768.15 1014.40 Total Equity 3,849.47 1,771.15 2667.40 Non-current Lia
Slide 28: Statement of Assets and Liabilities
Statement of Assets and Liabilities Rs. In Lakhs Sep 30th 2025 Sep 30t 2024 31st March 2025 Particulars (Un-Audited) Audited Audited II. ASSETS Property, Plant & Equipment 829.24 852.31 831.6 Capital Work in Progress 843.04 118.78 383.77 Non Current Investment 10.00 - - Deferred tax assets (net) 17.
Slide 29: Statement of Profit and Loss
Statement of Profit and Loss Rs. In Lakhs Sep 30th 2025 March 31st 2025 Sep 30th 2024 31st March 2025 Particulars (Un-audited) (Un-audited) (Audited) (Audited) Income Revenue from operations 13,332.43 9690.96 7527.98 17,218.94 Other income 97.86 84.78 75.92 160.7 Total income 13430.29 9775.74 7603.9
Slide 30: Cashflow Statement
Cashflow Statement Rs. In Lakhs Sep 30th 2025 Sep 30t 2024 31st March 2025 Particulars (Un-Audited) Audited Audited A. Cash Flow from Operating Activities Profit before tax 1,434.07 848.20 1,935.50 Adjustments for: Finance cost 125.18 88.30 187.65 CSR Provision 10.17 4.30 - Depreciation 65.67 64.82
Slide 31: Cashflow Statement
Cashflow Statement Rs. In Lakhs Sep 30th 2025 Sep 30t 2024 31st March 2025 Particulars (Un-Audited) Audited Audited B. Cash Flow from Investing Activities Purchase of fixed assets -522.59 -166.36 -486.5 Investments in Subsidiary Companies -10.00 - - Interest income 0.14 0.09 0.27 Net cash used in in
Slide 32: Disclaimer
DISCLAIMER This presentation or any other documentation or information (or any part thereof) delivered or supplied should not be deemed to constitute a prospectus, placement memorandum, or an offer to acquire any securities. No representation or warranty, express or implied, is made as to, and no re