MarketFriction

Voler Car Ltd

NSE VOLERCAR · Road Transport
₹216.30 -0.80%
NSE close2026-10-01
52 week range189.00 - 292.90
Market cap₹245 Cr.
P/E74.3
IPO 2025 · +140% since Price band 20% Delivery 62.5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales10.1311.379.8211.0812.3513.8912.6513.9514.21
Expenses8.829.479.0410.3011.1413.2812.4813.7113.36
Operating Profit1.311.900.780.781.210.610.170.240.85
OPM %12.93%16.71%7.94%7.04%9.80%4.39%1.34%1.72%5.98%
Other Income0.010.230.060.450.590.570.690.740.67
Interest0.040.000.000.000.000.000.000.000.00
Depreciation0.030.030.030.030.030.030.040.050.06
Profit before tax1.252.100.811.201.771.150.820.931.46
Tax %14.40%17.14%3.70%25.00%28.25%25.22%21.95%25.81%25.34%
Net Profit1.071.750.790.901.270.860.640.701.10
EPS in Rs67.002.150.970.811.140.770.570.630.99
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales26.1523.7323.9630.9042.4052.8454.70
Expenses19.9721.9923.0426.0037.6350.6152.83
Operating Profit6.181.740.924.904.772.231.87
OPM %23.63%7.33%3.84%15.86%11.25%4.22%3.42%
Other Income1.751.102.672.700.752.602.67
Interest0.770.660.280.100.040.010.00
Depreciation1.520.890.550.240.110.160.18
Profit before tax5.641.292.767.265.374.664.36
Tax %0.00%27.91%26.81%-15.15%16.20%25.75%
Net Profit5.640.932.028.364.503.473.30
EPS in Rs380.3162.71136.21563.724.043.112.96
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%15%30%23%
Compounded Profit Growth%-10%19%-28%
Stock Price CAGR%%%-4%
Return on Equity%%23%9%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.150.150.150.1511.1411.14
Reserves-8.51-3.26-1.242.7625.8929.36
Borrowings8.695.553.801.190.000.00
Other Liabilities12.958.918.456.586.795.80
Total Liabilities13.2811.3511.1610.6843.8246.30
Fixed Assets2.150.930.470.310.291.30
CWIP0.000.000.000.000.000.00
Investments1.130.200.000.000.003.00
Other Assets10.0010.2210.6910.3743.5342.00
Total Assets13.2811.3511.1610.6843.8246.30
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3.681.993.211.31-2.22
Cash from Investing Activity-0.17-0.08-0.15-23.80-3.32
Cash from Financing Activity-3.46-2.03-2.3528.580.00
Net Cash Flow0.05-0.120.706.10-5.54
Free Cash Flow3.651.903.121.23-3.39
CFO/OP259%224%45%12%-5%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days70.3525.9936.2643.7138.5742.62
Inventory Days
Days Payable
Cash Conversion Cycle70.3525.9936.2643.7138.5742.62
Working Capital Days-48.43-56.76-33.977.9146.1452.71
ROCE %136.46%118.06%152.72%25.38%11.84%
Mar 2025Sep 2025Mar 2026
Promoters67.87%67.87%67.87%
FIIs2.01%0.00%0.00%
DIIs6.12%0.83%1.03%
Public24.00%31.29%31.10%
No. of Shareholders344249302

Fundamentals

Market Cap₹ 245 Cr.
Current Price₹ 220
Stock P/E74.3
Book Value₹ 36.3
ROCE11.8 %
ROE8.69 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)23%
Compounded Profit Growth (TTM)-28%
Standalone figures.
Valuation
Market capRs 241 Cr
Enterprise valueRs 246 Cr
P/E (TTM)69.46x
Price to book-77.50x
Price to sales4.56x
EV / EBITDA44.95x
EV / EBIT46.22x
EV / sales4.66x
Price to cash flow65.50x
Earnings yield1.44%
Profitability
Operating margin (excl. other income)7.33%
Operating margin (incl. other income)11.97%
EBITDA margin10.37%
Pre-tax margin8.84%
Net profit margin6.57%
Net margin, latest quarter5.02%
ROE-16.22%
ROCE140.79%
ROA7.55%
ROIC (approx.)174.66%
Tax rate27.91%
Other income / net worth-35.37%
Growth
Sales growth (latest year)-9.25%
Profit growth (latest year)-83.51%
Sales growth QoQ10.28%
Profit growth QoQ9.38%
Sales growth YoY (latest quarter)25.90%
Profit growth YoY (latest quarter)-22.22%
Per share
EPS (TTM)Rs 3.11
EPS (latest year)Rs 62.71
EPS (latest quarter)Rs 0.63
Book value per shareRs -2.79
Sales per shareRs 47.42
Cash flow per shareRs 3.30
Free cash flow per shareRs -3.04
Efficiency
Asset turnover2.09x
Fixed asset turnover25.52x
Debtor days26 days
Debtors turnover14.04x
Cash conversion cycle43 days
Working capital days53 days
Leverage
Total debtRs 6 Cr
Cash and bankRs 0 Cr
Net debtRs 5 Cr
Debt to equity-1.78x
Net debt / EBITDA0.97x
Interest coverage8.08x
Owners' fund to total sources-27.40%
Debt to assets48.90%
Cash flow
Cash from Operating Activity (latest year)Rs 4 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs -3 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -3 Cr
FCFE (approx.: FCF + change in debt)Rs -7 Cr
Cash from ops / profit, 5 years0.41x
Sales to cash flow6.45x
Statement figures
Net sales (TTM)Rs 53 Cr
Net sales (latest year)Rs 24 Cr
Sales (latest quarter)Rs 14 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
Operating profit (latest quarter)Rs 0 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 5 Cr
PBDT (TTM)Rs 5 Cr
Profit before tax (TTM)Rs 5 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 18 Cr
Total expenditure (latest year)Rs 22 Cr
Total income (latest year)Rs 25 Cr
Share capitalRs 0 Cr
ReservesRs -3 Cr
Shareholders' fundsRs -3 Cr
Total assetsRs 11 Cr
Net blockRs 1 Cr
InvestmentsRs 0 Cr
ReceivablesRs 2 Cr
Other liabilitiesRs 9 Cr
Shares outstanding (crore)1.11
Ownership
Promoter holding67.87%
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodVOLERCARNifty 50Difference
1 week-5.8%-2.8% -3.0 pts
1 month+3.0%-6.8% +9.8 pts
3 months-7.4%-7.6% +0.3 pts
6 months-11.9%+0.4% -12.3 pts
1 year+5.1%-9.9% +15.0 pts

Red flags

F-score 6 of 8
seriousNegative equity Shareholders' equity is negative
lookProfit leans on other income Other income was 85% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹14 Cr +15.1% vs Jun 2025. Net profit ₹1 Cr -13.4%.
Against our estimate for Jun 2026: sales -9.7%, profit +24.3% beat. Our estimate for Sep 2026: sales Rs 17 Cr, profit Rs 1 Cr (how).

Activity

Compare
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Less than 100 unique PAN traded in previous 30 daysSME scrip is not regularly tradedScrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of Voler Car Ltd?

Voler Car Ltd (VOLERCAR) has a market capitalisation of Rs 245 Cr. at the 2026-10-01 close.

What is the P/E ratio of Voler Car Ltd?

Voler Car Ltd trades at a P/E of 74.3 on trailing twelve-month profit, at the 2026-10-01 close.

What were Voler Car Ltd's latest quarterly results?

In the Jun 2026 quarter, Voler Car Ltd sales was Rs 14 Cr (+15.1% vs Jun 2025) and net profit was Rs 1 Cr.

What is the 52-week high and low of Voler Car Ltd?

The 52-week high is Rs 292.90 and the 52-week low is Rs 189.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03