Bikewo Green Tech Ltd
Incorporated in December 2006, Bikewo Green Tech Limited is an electric two-wheeler retailer in India.[1]
- Market Cap ₹ 37.9 Cr.
- Current Price ₹ 29.0
- High / Low ₹ 47.2 / 27.6
- Stock P/E 22.7
- Book Value ₹ 29.9
- Dividend Yield 0.00 %
- ROCE 13.6 %
- ROE 13.9 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.97 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 7.81% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Automobile Industry: Automobiles - Motorcycles / Mopeds
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
22.28 | 13.68 | 20.57 | 24.92 | |
21.63 | 12.66 | 19.88 | 22.07 | |
Operating Profit | 0.65 | 1.02 | 0.69 | 2.85 |
OPM % | 2.92% | 7.46% | 3.35% | 11.44% |
0.25 | 0.11 | 0.05 | 0.15 | |
Interest | 0.23 | 0.60 | 0.29 | 0.33 |
Depreciation | 0.06 | 0.31 | 0.33 | 0.34 |
Profit before tax | 0.61 | 0.22 | 0.12 | 2.33 |
Tax % | 22.95% | 31.82% | 16.67% | 27.90% |
0.47 | 0.15 | 0.10 | 1.67 | |
EPS in Rs | 4.70 | 0.74 | 0.49 | 1.82 |
Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 4% |
TTM: | 21% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 53% |
TTM: | 1570% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 8% |
Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|
Equity Capital | 1.00 | 2.04 | 2.04 | 9.16 | 13.04 |
Reserves | 2.65 | 5.09 | 5.19 | 7.61 | 25.94 |
7.36 | 6.88 | 7.61 | 7.53 | 7.53 | |
1.16 | 0.97 | 4.78 | 7.21 | 5.99 | |
Total Liabilities | 12.17 | 14.98 | 19.62 | 31.51 | 52.50 |
1.67 | 3.28 | 2.34 | 1.99 | 1.82 | |
CWIP | 2.76 | 4.62 | 7.07 | 9.55 | 9.60 |
Investments | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
7.74 | 7.08 | 10.21 | 19.97 | 41.08 | |
Total Assets | 12.17 | 14.98 | 19.62 | 31.51 | 52.50 |
Cash Flows
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
2.11 | 2.63 | 2.67 | -4.46 | |
-4.11 | -3.77 | -1.84 | -2.46 | |
2.13 | 0.98 | -0.82 | 6.96 | |
Net Cash Flow | 0.14 | -0.16 | 0.02 | 0.04 |
Ratios
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Debtor Days | 29.16 | 1.33 | 19.34 | 11.28 |
Inventory Days | 65.01 | 179.00 | 148.69 | 189.46 |
Days Payable | 14.49 | 2.80 | 17.06 | 38.99 |
Cash Conversion Cycle | 79.68 | 177.54 | 150.97 | 161.74 |
Working Capital Days | 105.01 | 162.49 | 96.00 | 187.77 |
ROCE % | 6.55% | 2.84% | 13.59% |
Documents
Announcements
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Reply to Clarification- Financial results
19 December 2024 - Exchange had sought clarification from Bikewo Green Tech Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. …
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Clarification - Financial Results
11 December 2024 - Exchange has sought clarification from Bikewo Green Tech Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. …
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Statement of deviation(s) or variation(s) under Reg. 32
13 November 2024 - Bikewo Green Tech Limited has informed about statement of deviation(s) or variation(s) under Reg. 32
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Financial Result Updates
13 November 2024 - Bikewo Green Tech Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
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Outcome of Board Meeting
13 November 2024 - Bikewo Green Tech Limited has informed regarding Board meeting held on November 13, 2024.
Annual reports
No data available.
Business Model[1] Bikewo Green Tech Ltd operates as an electric vehicle (EV) dealership, primarily focusing on two-wheelers. The company has a dealership-driven business model where it sells electric vehicles from multiple major OEMs (Original Equipment Manufacturers) through a network of franchise dealers.