---
title: "Supertech EV Ltd (544428) — Share Price, Financials & Analysis"
symbol: "544428"
company: "Supertech EV Ltd"
canonical: "https://tapetide.com/stocks/544428"
isin: "INE0SC101013"
nse_symbol: "SUPERTECHEVLTD"
bse_code: "544428"
sector: "Automobiles"
industry: "Bikes"
market_cap_cr: 43.9
generated_at: "2026-09-13T18:58:39.655Z"
---

# Supertech EV Ltd (544428)

Canonical page: https://tapetide.com/stocks/544428

## Company

- **NSE Symbol:** SUPERTECHEVLTD
- **BSE Code:** 544428
- **ISIN:** INE0SC101013
- **Sector:** Automobiles
- **Industry:** Bikes
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2025-07-02
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** supertechev.in

## About

Incorporated in 2022, Supertech EV Ltd manufactures and sells 2-wheeler EV scooter and E-Rickshaw[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:43:43.624497Z.

- **Market Cap:** ₹43.9 Cr
- **Classification:** SME
- **P/E (reported):** 11.2
- **Book Value:** ₹40.97
- **Price to Book:** 0.87
- **Dividend Yield:** 0%
- **ROE:** 36.71%
- **ROCE:** 48.87%
- **Debt to Equity:** 0.15
- **Revenue (yearly):** ₹78.04 Cr
- **Net Income:** ₹3.87 Cr
- **EBITDA:** ₹6.7 Cr
- **52-Week High:** ₹82.12
- **52-Week Low:** ₹28
- **RSI (14):** 47.74

## Tapetide Score

- **Score:** 48 / 100
- **Score date:** 2026-09-04
- **Archetype:** No Dominant Pattern
- **What it means:** The three pillars do not combine into a recognisable pattern. Read them individually rather than looking for one story — the lack of a pattern is itself the finding.
- **Pillar profile:** Quality: Average · Valuation: Fair · Momentum: Falling
- **Percentile:** 39.4 (of 4473 scored stocks)
- **Confidence:** 86%
- **Data coverage:** 71%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 68.86 | 9% |
| growth | 48.67 | 9% |
| momentum | 13.96 | 12% |
| ownership | 50 | 24% |
| quality | 55.29 | 22% |
| valuation | 50.68 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.
- Stock is trading at 0.87 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.8%

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 60.2 to 81.4 days.
- Working capital days have increased from 107 days to 212 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 22.27% | -784.48% | -205.99% |
| ebitda margin growth | -33.26% | -24.76% | — |
| net income growth | -37.58% | 266% | — |
| revenue growth | 3.78% | 220% | — |
| roce | -31.53% | 347.12% | — |
| roe | -28.45% | 31.8% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 35.33 | 39.77 | 42.55 | 35.49 |
| Expenses | 30.61 | 34.93 | 37 | 34.69 |
| Operating Profit | 4.72 | 4.84 | 5.55 | 0.8 |
| OPM % | 13.36 | 12.17 | 13.04 | 2.25 |
| Other Income | 0.01 | 0.09 | 0.08 | 0.07 |
| Interest | 0.32 | 0.51 | 0.65 | 0.35 |
| Depreciation | 0.21 | 0.27 | 0.29 | 0.28 |
| Profit before tax | 4.2 | 4.15 | 4.69 | 0.24 |
| Tax % | 27.86 | 24.58 | 26.44 | 45.83 |
| Net Profit | 3.03 | 3.14 | 3.44 | 0.12 |
| EPS in Rs | 3.33 | 3.45 | 2.78 | 0.1 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 2.38 | 64.52 | 74.94 | 78.04 |
| Expenses | 2.26 | 57.21 | 65.38 | 71.34 |
| Operating Profit | 0.12 | 7.31 | 9.56 | 6.7 |
| OPM % | 5.04 | 11.33 | 12.76 | 8.59 |
| Other Income | 0 | 0.11 | 0.1 | 0.16 |
| Interest | 0 | 0.4 | 0.83 | 0.99 |
| Depreciation | 0 | 0.39 | 0.48 | 0.57 |
| Profit before tax | 0.12 | 6.63 | 8.35 | 5.3 |
| Tax % | 33.33 | 25.49 | 26.23 | 25.66 |
| Net Profit | 0.08 | 4.94 | 6.17 | 3.93 |
| EPS in Rs | 0.8 | 10.96 | 6.77 | 3.18 |
| Dividend Payout % | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Equity Capital | 1 | 4.51 | 9.11 | 12.36 |
| Reserves | 0.08 | 5.12 | 7.69 | 38.27 |
| Borrowings | 0 | 5.66 | 12.29 | 7.48 |
| Other Liabilities | 3.72 | 10.59 | 15.09 | 13.06 |
| Total Liabilities | 4.8 | 25.88 | 44.18 | 71.17 |
| Fixed Assets | 0.01 | 2.07 | 3.17 | 2.41 |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| Other Assets | 4.79 | 23.81 | 41.01 | 68.76 |
| Total Assets | 4.8 | 25.88 | 44.18 | 71.17 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.58 | -6.6 | -5.13 | -24.37 |
| Cash from Investing Activity | -0.01 | -2.45 | -1.64 | 0.21 |
| Cash from Financing Activity | 1 | 8.96 | 6.82 | 24.1 |
| Net Cash Flow | 0.41 | -0.09 | 0.05 | -0.06 |
| Free Cash Flow | -0.59 | -9.05 | -6.77 | -24.16 |
| CFO/OP | -450 | -76 | -45 | -329 |

### Ratios

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Debtor Days | 105.82 | 34.79 | 64.29 | 81.43 |
| Inventory Days | 680.23 | 104.01 | 160.37 | 263.06 |
| Days Payable | 387.81 | 58.17 | 77.64 | 63.97 |
| Cash Conversion Cycle | 398.23 | 80.63 | 147.02 | 280.52 |
| Working Capital Days | 98.15 | 38.98 | 70.92 | 211.5 |
| ROCE % | — | 85.89 | 41.32 | 14.43 |

## Shareholding Pattern

### Quarterly

| Category | Jun 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Promoters | 69.31% | 69.31% | 69.31% |
| FIIs | 0% | 0% | 0% |
| DIIs | 1.25% | 0% | 0% |
| Government | 0% | 0% | 0% |
| Public | 26.21% | 26.41% | 27.57% |
| Others | 3.22% | 4.27% | 3.12% |
| No. of Shareholders | 16 | 1523 | 1255 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 6 / 3 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 34.85 | Buy |
| EMA (10) | 35.15 | Buy |
| SMA (20) | 35.18 | Buy |
| EMA (20) | 35.55 | Sell |
| SMA (50) | 37.38 | Sell |
| EMA (50) | 37.73 | Sell |
| SMA (100) | 43.12 | Sell |
| EMA (100) | 41.64 | Sell |
| SMA (200) | 50.77 | Sell |
| EMA (200) | 45.96 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 47.74 | Neutral |
| MACD (12,26,9) | -0.72 | Buy |
| Stochastic (14,3,3) | 90.25 | Sell |
| ADX (14) | 46.22 | Buy |
| Williams %R (14) | -9.1 | Sell |
| ATR (14) | 1.51 | High Volatility |
| ROC (12) | 2.16 | Buy |
| Stoch RSI (14) | 93.13 | Sell |
| UO (7,14,28) | 55.6 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-03 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=262b4410-710a-46e7-98c2-534ea6d986fc.pdf) |
| 2026-09-02 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c52bcd94-ab7a-4690-93ac-5d3c1b475ea0.pdf) |
| 2026-09-02 | [E- Voting Intimation For 4Th Annual General Meeting.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5f0df2e7-426e-4cbf-90a1-a005f4751aa4.pdf) |
| 2026-09-01 | [Board Meeting Outcome for Approval Of Notice Of 4Th AGM Along With Annual Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ec65f177-35bc-4973-ba69-325c9b1eadf1.pdf) |
| 2026-07-15 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dd130fae-d5e7-49ab-93b0-0ed5c0d6c7c5.pdf) |
| 2026-07-14 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a506adc0-8883-4273-8625-933e27851080.pdf) |
| 2026-07-13 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bffc9183-f7fa-41ca-baa3-c3d8ca23c8c1.pdf) |
| 2026-07-09 | [SDD Compliance Certificate For The Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4b58d2cc-d149-4257-969c-9130cb319beb.pdf) |
| 2026-05-21 | [Board Meeting Intimation for Prior Intimation Under Regulation 29 Of The Securities And Exchange Board Of India(Listing Obligations And Disclosure Requirements) Regulations 2015 (Hereinafter Referred To As The Listing Regulations)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a6893815-d132-45e2-a328-1a773a4f5bfb.pdf) |
| 2026-05-13 | [SDD Compliance Certificate For The Quarter Ended And Financial Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=04b6170f-f31e-426b-870a-8000bcac64cf.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-27 | [Outcome Of Board Meeting Held On May 27 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=15d2953d-30eb-4cc7-bb80-a2aabdbbd440.pdf) |
| 2025-11-14 | [Outcome Of Board Meeting Held On November 14 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d53f9638-e2f4-4edb-a57e-9033201401d5.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 February 2026 - Trial production started 01.02.2026 at leased Dholpur plant (800 tpm); INR25 crore insurance claim under survey. | [General Updates 9 February 2026 - Trial production started 01.02.2026 at leased Dholpur plant (800 tpm); INR25 crore insurance claim under survey.](https://nsearchives.nseindia.com/corporate/SATI_09022026213528_Update_About_Business_Operations-09022026.pdf) |
| 9 February 2026 - Board approved leased 35,000 sq.ft Rajasthan plant (800 tpm), lease 01.02.2026–31.12.2026, rent INR100,000/month; insurance claim update. | [Outcome of Board Meeting 9 February 2026 - Board approved leased 35,000 sq.ft Rajasthan plant (800 tpm), lease 01.02.2026–31.12.2026, rent INR100,000/month; insurance claim update.](https://nsearchives.nseindia.com/corporate/SATI_09022026214239_Outcome_Letter-09022026R.pdf) |
| 9 February 2026 - Approved 11-month lease for Rajasthan plant (800 tpm), rent INR100,000/month; trial production 01.02.2026; insurance claim pending. | [Outcome of Board Meeting 9 February 2026 - Approved 11-month lease for Rajasthan plant (800 tpm), rent INR100,000/month; trial production 01.02.2026; insurance claim pending.](https://nsearchives.nseindia.com/corporate/SATI_09022026173640_Outcome_Letter-09022026.pdf) |
| 7 Mar - Independent Director Sachin Haritash resigned effective March 7, 2026 due to personal circumstances. | [Announcement under Regulation 30 (LODR)-Change in Management 7 Mar - Independent Director Sachin Haritash resigned effective March 7, 2026 due to personal circumstances.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2dd585c4-08fe-4333-9f82-12c30e93d8b4.pdf) |
| 6 Feb - Commenced Harapanahalli plant; adds annual capacity 12,000 e-two-wheelers and 1,200 e-three-wheelers; manufactures Zapster, Tiger, Pilot, Load King | [Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 (The 'Listing Regulations')-Commencement Of New Manufacturing Facility At Harappanhali, Karnataka 6 Feb - Commenced Harapanahalli plant; adds annual capacity 12,000 e-two-wheelers and 1,200 e-three-wheelers; manufactures Zapster, Tiger, Pilot, Load King](https://www.bseindia.com/xml-data/corpfiling/AttachHis/38c31cb0-1aea-4388-b39f-fd8baf5b7d6f.pdf) |
| 4 February 2026 - Trading window closed from Feb 4, 2026 until 48 hours post Board meeting on Feb 9, 2026. | [Trading Window 4 February 2026 - Trading window closed from Feb 4, 2026 until 48 hours post Board meeting on Feb 9, 2026.](https://nsearchives.nseindia.com/corporate/SATI_04022026180340_Closure_of_Trading_Window-Feb_2026.pdf) |
| 4 February 2026 - Board meeting on 09-Feb-2026 to approve new leased 35,000 sq.ft Rajasthan plant; review fire insurance claim and other business obligations as agenda items. checklist:["Read and … | [Updates 4 February 2026 - Board meeting on 09-Feb-2026 to approve new leased 35,000 sq.ft Rajasthan plant; review fire insurance claim and other business obligations as agenda items. checklist:["Read and …](https://nsearchives.nseindia.com/corporate/SATI_04022026172944_IntimationofBM-09022026S.pdf) |
| 30 Jan - Supertech EV filed SDD compliance certificate for quarter ended Dec 31, 2025; one UPSI event captured. | [SDD Compliance Certi??icate For The Quarter Ended December 31, 2025 30 Jan - Supertech EV filed SDD compliance certificate for quarter ended Dec 31, 2025; one UPSI event captured.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3d4473da-3928-4844-9440-3b9e89e41db6.pdf) |
| 25 February 2026 - Sati Poly Plast Limited has informed regarding Outcome of Board Meeting held on February 25, 2026. | [Outcome of Board Meeting 25 February 2026 - Sati Poly Plast Limited has informed regarding Outcome of Board Meeting held on February 25, 2026.](https://nsearchives.nseindia.com/corporate/SATI_25022026191619_Outcome_Letter-25022026S.pdf) |
| 2 Apr - Promoter and promoter group confirm no share encumbrance during FY ended March 31, 2026. | [Disclosure Under Regulation 31 (4) Of SEBI (SAST) Reg, 2011 2 Apr - Promoter and promoter group confirm no share encumbrance during FY ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d1931fb5-a75c-4e0d-8650-c15feb51a172.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28794_SATIPOLY_2024_2025_A_5345124_06092025175217.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a0881ddf-fe00-4dbd-9b87-59940d67647a.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:58:39.655Z.