| P&L Statement | 2023 | 2024 |
|---|---|---|
| Revenue | 5191 | 4844 |
| Cost of Material Consumed | 4359 | 3846 |
| Change in Inventory | 275 | -124 |
| Gross Margins | 16.03 | 20.6 |
| Employee Benefit Expenses | 130 | 145 |
| Other Expenses | 244 | 274 |
| EBITDA | 183 | 703 |
| OPM | 3.53 | 14.51 |
| Other Income | 23 | 32 |
| Finance Cost | 64 | 50 |
| D&A | 33 | 27 |
| EBIT | 150 | 675 |
| EBIT Margins | 2.89 | 13.96 |
| PBT | 109 | 658 |
| PBT Margins | 2.1 | 13.58 |
| Tax | 30 | 169 |
| PAT | 79 | 489 |
| NPM | 1.52 | 10.09 |
| EPS | 1.94 | 9.37 |
| Financial Ratios | 2023 | 2024 |
|---|---|---|
| Operating Profit Margin | 3.53 | 14.51 |
| Net Profit Margin | 1.52 | 10.09 |
| Earning Per Share (Diluted) | 1.94 | 9.37 |
| Assets | 2023 | 2024 |
|---|---|---|
| Fixed Assets | 142 | 115 |
| CWIP | 0 | 18 |
| Investments | 3 | 0 |
| Trade Receivables | 850 | 1021 |
| Inventory | 142 | 365 |
| Other Assets | 780 | 675 |
| Total Assets | 1917 | 2194 |
| Liabilities | 2023 | 2024 |
|---|---|---|
| Share Capital | 204 | 261 |
| FV | 5 | 5 |
| Reserves | 220 | 709 |
| Borrowings | 621 | 530 |
| Trade Payables | 608 | 256 |
| Other Liabilities | 264 | 438 |
| Total Liabilities | 1917 | 2194 |
| Cash-Flow Statement | 2023 | 2024 |
|---|---|---|
| PBT | 109 | 658 |
| OPBWC | 209 | 741 |
| Change in Receivables | -61 | -171 |
| Change in Inventories | 551 | -223 |
| Change in Payables | -268 | -353 |
| Other Changes | -139 | 239 |
| Working Capital Change | 83 | -508 |
| Cash Generated From Operations | 292 | 233 |
| Tax | -40 | -18 |
| Cash Flow From Operations | 252 | 215 |
| Purchase of PPE | -7 | -19 |
| Sale of PPE | 0 | 0 |
| Cash Flow From Investment | -143 | -90 |
| Borrowing | -158 | -91 |
| Dividend | 0 | 0 |
| Equity | 67.5 | 57 |
| Others From Financing | -64.5 | -49 |
| Cash Flow from Financing | -155 | -83 |
| Net Cash Generated | -46 | 42 |
| Cash at the Start | 49 | 3 |
| Cash at the End | 3 | 45 |
Victory Electric Vehicles International Limited is an emerging player in India’s fast-growing electric mobility ecosystem, focusing on the design, development, and manufacturing of electric two-wheelers and related sustainable mobility solutions. The company aims to address the rising demand for eco-friendly transportation by offering electric vehicles (EVs) that combine affordability, durability, and energy efficiency. With increasing government support for EV adoption, rising fuel costs, and growing environmental awareness among consumers, Victory Electric Vehicles has positioned itself strategically to benefit from this shift toward clean mobility. Its product portfolio generally includes electric scooters, low-speed EV models, and battery-powered solutions designed for urban and semi-urban commuters.
From an operational standpoint, Victory Electric Vehicles International Limited emphasizes innovation, safety, and customer-centric engineering. The company has been investing in strengthening its R&D capabilities, improving battery technology, and expanding its production capacity to meet increasing market demand. Its vehicles are designed to offer low maintenance, high mileage per charge, and cost-effective ownership, making them particularly attractive for price-sensitive segments of the Indian market. Additionally, the company maintains a growing distribution network and after-sales service infrastructure, ensuring accessibility and support for customers across various regions. By integrating quality manufacturing practices and adopting modern design principles, Victory Electric Vehicles continues to enhance its competitive edge within the EV landscape.
For investors, Victory Electric Vehicles International Limited Unlisted Shares represent a potential opportunity in a sector with strong long-term growth prospects. The Indian EV industry is expected to witness exponential expansion in the coming years, driven by favorable policies such as FAME II incentives, state subsidies, and infrastructure development for charging networks. Victory Electric Vehicles’ focus on cost-effective mobility solutions positions it well for considerable market capture in Tier II and Tier III cities. While still in a growth phase, the company’s commitment to innovation, sustainability, and operational scalability creates promising potential for future valuation appreciation. Investors looking to participate early in India’s EV revolution may find this an attractive addition to their unlisted equity portfolio.
Q:1 How do I start the process to buy Victory Electric Vehicles International Limited shares?Answer: To initiate the purchase, you need to confirm your booking of Victory Electric Vehicles International Limited Unlisted Shares at the trading price with us.
Q:2 What documents do I need to provide for purchasing shares?Answer: You need to provide your client master report, along with your PAN Card and a Cancelled Cheque, unless you are transferring funds from the bank account mentioned in the CMR Copy.These documents are required as per SEBI regulations.
Q:3 How will I receive the bank details for the fund transfer?
Answer: We will provide you with the necessary bank details for the fund transfer once you confirm your booking.
Q:4 What payment methods can I use to transfer funds?
Answer: You can make the payment via RTGS, NEFT, IMPS, or Cheque Transfer.Please note that cash deposits are not accepted.
Q:5 Is there a specific trading price I need to confirm for the shares?Answer: Yes, you need to confirm the booking at the specific trading price of Victory Electric Vehicles International Limited shares at the time of your purchase.
Q:6 What happens if I do not have a client master report?
Answer: If you do not have a client master report, you can ask your broker for one, as it is a required document for the transaction.
Q:7 Can I use cash to pay for the shares?
Answer: No, cash deposits are not accepted.You must use one of the specified electronic transfer methods or a cheque for payment.
Q:8 Are there any additional regulations I should be aware of when buying unlisted shares?Answer: Yes, all transactions must comply with SEBI regulations, which require the submission of KYC documents, including a PAN Card and client master report.