Zelioemobility earnings calls.

Zelio E-Mobility delivered FY26 revenue of ₹310.71 croreCurrent reported value: FY26 revenue of ₹310.71 crore. No comparable prior figure is available in the source record. (up 81.8Current reported value: 81.8. No comparable prior figure is available in the source record.% YoY), expanding from a mere ₹12.89 crore in FY22 to ₹313 crore—a 121% four-year revenue CAGRCurrent reported value: 121% four-year revenue CAGR. No comparable prior figure is available in the source record.. EBITDA came in at ₹38.01Current reported value: 38.01. No comparable prior figure is available in the source record. crore (12.2Current reported value: 12.2. No comparable prior figure is available in the source record.% margin) with PAT of ₹28.39Current reported value: 28.39. No comparable prior figure is available in the source record. crore (9.1% net margin), and notably the company has been profitable every single year since inception—virtually unheard of among Indian EV startups. Management targets 75-80% revenue growth sustainabilityCurrent reported value: 75-80% revenue growth sustainability. No comparable prior figure is available in the source record. as the structural trajectory, not a one-time event, backed by a 3.3x capacity expansion to 240,000 units annually (from 72,000), dealer network scaling from 400 to 550+, and geographic expansion into South India via the Coimbatore plant. The company maintains zero audit qualifications across four consecutive years and a healthy debt-to-equity of 0.8x. Key risks include heavy rural/tier-2-3 exposure where monsoon-driven income disruptions could defer purchases, competitive pressure from new entrants in South India, and the nascent three-wheeler segment contributing only 800 unitsCurrent 800 units. Reported change: New segment. in FY26 while requiring dedicated management bandwidth.