Bikewo Green Tech Ltd

Bikewo Green Tech Ltd

₹ 29.0 -1.19%
20 Dec - close price
About

Incorporated in December 2006, Bikewo Green Tech Limited is an electric two-wheeler retailer in India.[1]

Key Points

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.

  • 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.

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Half Yearly Results

Figures in Rs. Crores

Sep 2023 Sep 2024
8.08 9.08
7.29 7.85
Operating Profit 0.79 1.23
OPM % 9.78% 13.55%
0.08 0.01
Interest 0.15 0.29
Depreciation 0.11 0.17
Profit before tax 0.61 0.78
Tax % 18.03% 16.67%
0.50 0.65
EPS in Rs 2.45 0.50
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

3 Recently
Sep 2024
62.48%
0.31%
0.03%
37.18%
No. of Shareholders 1,616

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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