Zelio E-Mobility Share Price Target 2026,2030,2035,2040

Share of Zelio E-Mobility Limited is currently trading at around Rs.485/-. Investors are asking for the Zelio E-Mobility Share Price Targets for 2026, 2030, 2035 and 2040. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you the Zelio E-Mobility Share Price Targets for 2026, 2030, 2035 and 2040.

Discussion & Analysis of Business & Financial performance with future business prospects of Zelio E-Mobility Limited:

Zelio E-Mobility: Navigating the Surge in India’s EV Market

Zelio E-Mobility Limited has rapidly emerged as a significant contender in India’s burgeoning electric vehicle (EV) sector. Founded in 2021 and headquartered in Hisar, Haryana, the company has transitioned from a small-scale manufacturer to a publicly listed entity on the BSE SME platform as of late 2025. Its business model focuses on high-growth, affordable segments: low-speed and high-speed electric two-wheelers (E-2Ws) under the Zelio brand and electric three-wheelers (3Ws) under the Tanga brand.

Current Business Position

As of late 2025, Zelio E-Mobility is characterized by an aggressive growth trajectory and robust financial health.

Market Presence: The company has built a formidable distribution network of over 400 dealerships across 23 states, with a strong foothold in Tier-II and Tier-III cities. This “Bharat-first” approach has allowed it to capture approximately 5% of the slow-speed EV market share.
Manufacturing Capacity: Currently operating from its 24,000+ sq. meter facility in Hisar, Zelio has an installed capacity of 72,000 units per annum. As of March 2025, the facility was operating at roughly 52% capacity, providing immediate room for scaling without massive initial overhead.
Financial Strength: For FY2025, Zelio reported a revenue of approximately ₹172 crore, marking an 83% CAGR over three years. More importantly, it is one of the few profitable startups in the space, recording a Net Profit (PAT) of ₹16 crore with a healthy ROE of over 50%.
Product Portfolio: Its recent launches, such as the Eeva series (starting at ₹51,551) and the facelifted Legender, target price-sensitive urban commuters and young riders, emphasizing ease of use (no-license models) and cost-efficiency.

Future Business Prospects

The future for Zelio appears anchored in capacity expansion and portfolio diversification.

Strategic Expansion: Following its successful ₹78 crore IPO in October 2025, the company is deploying capital into new manufacturing units. Facilities in Odisha and Patan are scheduled to be operational by early 2026, aimed at decentralizing production and reducing logistics costs.
Aggressive Sales Targets: Zelio is targeting a revenue of ₹260–₹280 crore for FY2026 and aims to scale production to 1 lakh units annually by FY2027. Its dealership network is projected to reach 1,000 outlets by the end of 2025, ensuring a presence in almost every major Indian district.
Shift to Three-Wheelers: While E-2Ws are the current breadwinner, the company expects its three-wheeler brand, Tanga, to contribute 30%–40% of total revenue within the next two years. This segment addresses the critical need for sustainable last-mile connectivity and e-rickshaw demand in rural and semi-urban India.
Vertical Integration: The incorporation of Zelio Auto Components Limited as a subsidiary in May 2025 suggests a move toward in-house component manufacturing. This strategy is intended to insulate the company from supply chain shocks and improve margins through localization.

Conclusion

Zelio E-Mobility stands at a pivotal juncture. While it faces stiff competition from established giants like Ola Electric and TVS, its focus on affordability, local manufacturing, and a massive rural-urban dealer network gives it a distinct edge. If it can successfully navigate the transition from a niche slow-speed player to a diversified EV manufacturer, it is well-positioned to capitalize on India’s goal of 30% EV penetration by 2030.

Share Price Targets:

Zelio E-Mobility Share Price Target 2026

Based on the above discussion and analysis, the share price of Zelio E-MobilityLtd may touch the level of around Rs.525-550 in 2026

Zelio E-Mobility Share Price Target 2030

Based on the above discussion and analysis, the share price of Zelio E-Mobility Ltd may touch the level of around Rs.1000-1100 in 2030

Zelio E-Mobility Share Price Target 2035

Based on the above discussion and analysis, the share price of Zelio E-MobilityLtd may touch the level of around Rs.2250-2500 in 2035

Zelio E-Mobility Share Price Target 2040

Based on the above discussion and analysis, the share price of Zelio E-Mobility Ltd may touch the level of around Rs.5000-5500 in 2040

Disclaimer: Investments in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. News4You does not offer investment advice and does not encourage any action based on its content.

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