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Zelio E-Mobility Ltd

Q4 FY26Automobiles

Zelio E-Mobility Q4 FY26 earnings call: Revenue & Margins

Q4 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹866
Market cap₹1.7K Cr
P/E59.2
Updated23 Aug 2026
Read4 min read

What the Q4 FY26 call signalled

2 of 3 strong

RevenueStrong growth
MarginMargins steady
CapexCapex planned

The short version

FY27 sales volume target: More than 125,000 units (up from 70,000 in FY26). Zelio aims to maintain and grow profitability alongside expansion, focusing on stable margins despite increased marketing spend.

From Zelio E-Mobility Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

Strong growth
  • FY27 sales volume target: More than 125,000 units (up from 70,000 in FY26).
  • Three-wheeler sales in FY26 were 800 units; targeted to exceed 2,000 units in FY27 with new Patan plant operational.
  • Dealer network planned to expand from 400+ to over 550 dealers in FY27, with 100-150 new dealers added.
  • Revenue growth has been strong, with FY26 consolidated revenue at INR 313 crores (81.8% growth YoY).
  • Expectation to achieve more than 20-30% market share in the low-speed EV segment within 2-3 years.
  • Capacity expansion ongoing (Haryana: 120,000, Odisha: 60,000, new Coimbatore plant adds 60,000 annually).

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Profitability & Margins

See what Zelio E-Mobility Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • Zelio commissioned the Coimbatore plant in July 2026, targeting South India as a fully dedicated revenue corridor.
  • The Patan plant was commissioned to scale the electric three-wheeler business, a new product category.
  • Investment focus includes R&D, range enhancement, battery upgrades, and connected vehicle features.
  • The company plans to expand dealer network to 550+ dealers across 25+ states with focused activation in South India and Northeast.
  • Funds raised in last year's IPO were majorly allocated for plant and machinery specific to the three-wheeler segment.

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Top-ranked in Automobiles

Ranked on what management guided this quarter

Guidance-ranked
Rev 1Mar 1
2Ather Energy Ltd
Rev 1Mar 3
3
Rev 2Mar 3
4
Rev 2Mar 3
5
Rev 2Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Zelio E-Mobility Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The transcript does not provide specific details on the current or expected order book or pending orders for Zelio E-Mobility Limited. However, key relevant points indicate: - In FY26, the company sold over 70,000 units with plans to increase sales to more than 125,000 units in FY27. - Expansion with new plants in Odisha (60,000 units capacity) and Coimbatore (60,000 units capacity) to support growth. - Dealer network expanding from 400+ to over 550 dealers in FY27.

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What Zelio E-Mobility's management said in earlier quarters

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Frequently Asked Questions

What were Zelio E-Mobility Ltd Q4 FY26 results?

FY27 sales volume target: More than 125,000 units (up from 70,000 in FY26). Zelio aims to maintain and grow profitability alongside expansion, focusing on stable margins despite increased marketing spend.

What is Zelio E-Mobility Ltd share price analysis?

Zelio E-Mobility Ltd currently shows a strong growth signal based on ranking data. The stock trades at a P/E of 59.2 with a market cap of ₹1,659 Cr. Investors should review the full earnings analysis for detailed insights.

Is Zelio E-Mobility Ltd planning capital expenditure?

Zelio commissioned the Coimbatore plant in July 2026, targeting South India as a fully dedicated revenue corridor.

Keep Zelio E-Mobility Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.