Tunwal E-Motors
- Market cap
- ₹ 131 Cr.
- P/E
- 11x
- P/B
- 1.08x
- 52-week range
- 22.1 – 49.8
- ROE
- 11%
- ROCE
- 13%
- Dividend yield
- 0.4%
- Debt / equity
- 0.22
- Sector
- Automobiles
- Industry
- 2/3 Wheelers
- Listed on
- NSE SME
About
Tunwal E-Motors Ltd is an India-based electric two-wheeler manufacturing company. The Company specializes in design, development, manufacturing, and distribution of electric two-wheelers. It has approximately 23 different models, including seven variants of two-wheelers, which is launched in the domestic market catering to the various needs and segments. Its models include Lithino Pro Alfa Pro, Lithino Pro Lithino Pro Li, Roma Roma Li, TZ 3.3, TEM G33, Storm ZX Plus, T 133, and Mini Lithino Li 3.0. The Company has production facility strategically located in Palsana, Rajasthan.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
2/3 Wheelers: 13 companies →Tunwal E-Motors against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)11 against a typical 22: cheaper than most peers (1st = cheapest).3rd of 11
- Sales growth+120% against a typical +34.2% from a year earlier.1st of 8
- Profit growth−42.9% against a typical +21.4% from a year earlier.5th of 5
- Share price, 3 months−11.8% against a typical −4.2%.9th of 11
- Size₹ 130.7 Cr. market value against a typical ₹ 2,157 Cr. (1st = largest).8th of 11
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB- by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil BBB- | Stable | 26 May 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 26 May 2026 | New rating | Crisil BBB- | — | CRISIL | ₹ 58 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 4 Sep 2026 | Dividend/Fund Raising | To consider dividend, Fund Raising and Other Business Matters |
| 27 Aug 2026 | Board Meeting Intimation | TUNWAL E-MOTORS LIMITED has informed the Exchange about Board Meeting to be held on 27-Aug-2026 to consider and approve Dividend/Other business. |
| 25 May 2026 | Board Meeting Intimation | TUNWAL E-MOTORS LIMITED has informed the Exchange about Board Meeting to be held on 25-May-2026 to consider and approve the Yearly Audited Financial results of the Company for the period ended March 2026 and Other business. |
| 14 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 26 May 2025 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended March 31, 2025, dividend and other business matters |
| 24 Feb 2025 | Board Meeting Intimation | TUNWAL E-MOTORS LIMITED has informed the Exchange about Board Meeting to be held on 24-Feb-2025 to consider Fund raising. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 45 | 60 | 74 | 104 | 144 | 132 |
| Expenses | 37 | 49 | 67 | 100 | 132 | 125 |
| Operating Profit | 8 | 10 | 8 | 5 | 12 | 8 |
| OPM % | 17% | 17% | 11% | 4.3% | 8% | 6% |
| Other Income | 1 | 0 | 1 | 5 | 1 | 1 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 1 | 0 | 1 | 2 |
| Profit before tax | 7 | 9 | 7 | 8 | 11 | 6 |
| Tax % | 25% | 25% | 25% | 20% | 25% | 25% |
| Net Profit | 5 | 7 | 5 | 6 | 8 | 4 |
| EPS in Rs | 2.43 | 1.64 | 0.97 | 1.17 | 1.47 | 0.73 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 193%
- 3 Years
- 54%
- TTM
- 55%
- 10 Years
- —
- 5 Years
- 176%
- 3 Years
- 51%
- TTM
- 7%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 21%
- 3 Years
- 19%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Tunwal E-Motors | ₹ 23.20 | ₹ 131 Cr. | 11x | 1.1x | 11% | — |
| Maruti Suzuki India | ₹ 11,258.95 | ₹ 3,53,984 Cr. | 29.6x | 4.1x | 14.4% | 8% |
| Eicher Motors | ₹ 7,050.00 | ₹ 1,93,538 Cr. | 37.4x | 8.3x | 23.8% | 23.6% |
| Hyundai Motor India | ₹ 1,850.00 | ₹ 1,50,320 Cr. | 29.8x | 8.1x | 29.9% | 7.7% |
| Tata Motors | ₹ 398.00 | ₹ 1,46,575 Cr. | 38.6x | 12x | — | 3.6% |
| Ashok Leyland | ₹ 145.95 | ₹ 85,729 Cr. | 19.7x | 6.4x | 26.2% | 6.6% |
Management
- Jhumarmal Pannaram Tunwal
- Executive Chairman of the Board, Managing Director
- Riya Dhiraj Lunkad
- Chief Financial Officer
- Niharika Choudhary
- Compliance Officer, Company Secretary
- Amitkumar Pannaram Mali
- Whole Time Director, Executive Director
- Karan Kumar Saini
- Whole Time Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.