Tunwal E Motors Limited Reports FY2026 Annual Results: Revenue Up 55% To INR 276.84 Crore

Tunwal E-Motors Limited (NSE: INE0OXV01027) today announced audited financial results for the fiscal year ended March 31, 2026. The company reported revenue from operations of ₹276.84 crore for FY2025-26, representing a 55.0% increase compared to ₹178.59 crore in FY2024-25 and a 3.7x increase from ₹75 crore in FY2021-22.

FINANCIAL HIGHLIGHTS — FY2025-26:

Revenue from Operations: ₹276.84 crore (+55% YoY) | Operating Profit: ₹20 crore (+67% YoY) | Profit Before Tax: ₹17.02 crore (+13% YoY) | Net Profit (PAT): ₹12.73 crore (+6% YoY) | Earnings Per Share: ₹2.21 (+3% YoY) | Net Worth: ₹125.74 crore

The company's 55% revenue growth outpaced the electric two-wheeler industry's approximately 22% expansion in FY2025-26 by a factor of approximately 2.5x. Growth was driven by dealer network expansion, Tier II and III city penetration, eastern India market deepening, NBFC financing partnerships, and after-sales infrastructure strengthening across a 19+ state service network.

Tunwal E-Motors offers eight active electric scooter models ranging from ₹41,222 to ₹1,76,133. The company's low-speed segment, exempt from RTO registration and driving licence requirements under the Motor Vehicles Act, 1988, addresses the specific mobility needs of Tier II and III city commuters, women riders, senior citizens, and first-time vehicle buyers.

India's electric two-wheeler market recorded approximately 22% growth in FY2025-26. National EV sales reached 23 lakh units in 2025, representing 8% of new vehicle registrations. The Indian government's PM e-DRIVE scheme (November 2024) allocated ₹10,900 crore toward 24.79 lakh electric two-wheelers. Tunwal E-Motors has been manufacturing electric two-wheelers since 2014 and is listed on both BSE SME (BSE: INE0OXV01027) and NSE SME (NSE: INE0OXV01027) platforms.

ABOUT TUNWAL E-MOTORS LIMITED

Tunwal E-Motors Limited is a publicly listed Indian electric two-wheeler manufacturer (NSE: INE0OXV01027) headquartered in Rajasthan. Founded with a mission to make clean, affordable electric mobility accessible to every Indian, the company offers a range of electric scooters distributed through a pan-India dealer and service network spanning 19+ states. From near-zero revenues in FY2019, Tunwal has scaled to ₹276.84 crore in FY2026 — one of the most consistent EV growth trajectories among publicly listed players in India.

Company :-Tunwal E Motors Pvt Ltd

User :- shubam jangid

Email :-digital.tunwal@gmail.com

Phone :-09226074765

Mobile:- 09226074765

Url :- https://www.tunwal.com/?utm_source=Press Release