Tunwal E-Motors Limited - automotive in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN L34300PN2018PLC180950 Incorporated 21 December 2018 ROC Pune HQ Pune, Maharashtra, India
Active Listed - NSE: TUNWAL Public Limited Company automotive
Market Cap
₹138 Cr
TUNWAL-SM · NSE
Share Price
₹26.10
+9.21% today
Revenue
₹277 Cr
FY 2025-26 · +55.0% YoY
EBITDA
₹20.01 Cr
Margin 7.2%
Net Profit
₹12.83 Cr
FY 2025-26 · +27.7% YoY
P/E (TTM)
11.7x
P/B 1.1x
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹11.54 Cr
Issued & subscribed

About Tunwal E-Motors Limited

Data last updated:

Tunwal E-Motors Limited is a public limited company based in Pune, Maharashtra, India. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 21 December 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN L34300PN2018PLC180950. Its GSTIN is 27AAHCT0838P1ZR (Maharashtra). The company holds 2 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on NSE: TUNWAL.

The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹11.54 Cr. It is led by directors including Jhumarmal Pannaram Tunwal (Managing Director) and Amitkumar Pannaram Mali (Whole-Time Director).

Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Pune, Maharashtra.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹276.84 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net profit of ₹12.83 Cr (net margin 4.6%) and EBITDA of ₹20.01 Cr (EBITDA margin 7.2%). The net worth stands at ₹125.78 Cr (up 22.7% YoY). Total assets are valued at ₹159.02 Cr (up 12.3% YoY).

The company has about 51 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹59.87 Cr and satisfied charges of ₹28.48 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 5 cases are pending. The company has 13 deals on record (9 secondary share transfers, 2 rights issues, 1 ipo); the latest was in July 2024. Its 4 peer companies in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles) are compared by revenue, 1 larger and 3 smaller; the largest is Kinetic Green Energy and Power Solutions Limited with revenue of ₹220.32 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tunwal.com.

Company details

CIN L34300PN2018PLC180950
Registration Number 180950
Incorporation Date 21 December 2018
ROC Pune
Listing Status Listed (NSE: TUNWAL)
Company Status Active
Compliance Status Active Compliant

CIN history

Tunwal E-Motors has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L34300PN2018PLC180950, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L34300PN2018PLC180950Current
U34300PN2018PTC180950Previous
U34300PN2018PLC180950Previous

Contact details

Tunwal E-Motors Limited's registered office is in Pune, Maharashtra.

  • Registered Address
    Office No. 501 502 601 & 602 5th & 6th Floor Tunwal Business Center (Pg Avenue 7), C.T.S. No. 2158 Plot No. 32/79, Pune, Maharashtra, India – 411030
  • Industry
    Automotive, Electrical and Bio Fuel Vehicles
Comprehensive company report
Tunwal E-Motors Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Tunwal E-Motors is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC11Motor vehicles, trailers, semi trailers and other Transport Vehicles

To see the full business activity and turnover split of Tunwal E-Motors Limited, buy the company report.

Financials of Tunwal E-Motors Limited

FY 2025-26 filings available

Tunwal E-Motors Limited reported revenue of ₹276.84 Cr (up 55% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹277 Cr
+55.0% YoY
EBITDA
₹20.01 Cr
+61.9% YoY
Profit After Tax
₹12.83 Cr
+27.7% YoY
Net Worth
₹126 Cr
+22.7% YoY
Total Assets
₹159 Cr
+12.3% YoY
Total Debt
₹27.14 Cr
-17.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25
Income statement
Revenue277179
Revenue growth+55.0%-
EBITDA20.0112.36
EBITDA margin+7.2%+6.9%
Profit before tax17.0615.22
Net profit12.8310.05
Net profit margin+4.6%+5.6%
EPS (₹)2.232.13
Balance sheet
Total assets159142
Net worth126103
Total debt27.1432.71
Cash & bank7.1110.72
Net working capital115112
Cash flow
Cash from operations9.05(52.93)
Cash from investing(15.38)(16.28)
Cash from financing2.7377.27
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue27717910576.5075.461.280.76
Revenue growth+55.0%+70.7%+36.7%+1.4%+5795.3%+68.4%-
EBITDA19.8612.3817.826.614.330.430.11
EBITDA margin+7.2%+6.9%+17.0%+8.6%+5.7%+33.6%+14.5%
Profit before tax17.0215.2815.764.933.250.100.06
Net profit12.7311.8311.813.732.350.070.05
Net profit margin+4.6%+6.6%+11.3%+4.9%+3.1%+5.5%+6.6%
EPS (₹)2.212.142.851.8122.741.4535.63
Balance sheet
Total assets15914247.4433.6424.883.963.09
Net worth12610320.538.224.250.630.04
Total debt27.1432.7120.5218.9013.573.333.04
Cash & bank7.118.732.653.272.611.010.00
Net working capital11511036.2422.4814.75(0.18)0.43
Cash flow
Cash from operations8.88(53.19)0.18(2.08)(2.55)1.71-
Cash from investing(13.23)(20.84)(0.85)(1.86)(6.51)(1.50)-
Cash from financing2.7380.120.044.6010.660.80-

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 14 Nov 2026
ParticularsFY 2025-26FY 2024-25
Revenue277179
Revenue growth+55.0%-
Other income1.426.27
Total expenses257166
Employee cost0.002.77
EBITDA20.0112.36
EBITDA margin+7.2%+6.9%
Depreciation2.251.14
Interest2.122.27
Profit before tax17.0615.22
Tax4.233.44
Net profit12.8310.05
Net profit margin+4.6%+5.6%
EPS (₹)2.232.13
ParticularsFY 2025-26FY 2024-25
Equity & liabilities
Share capital11.5411.06
Reserves & surplus11491.46
Shareholders' funds (net worth)126103
Minority interest0.000.00
Secured loans22.5420.67
Unsecured loans4.6012.04
Total debt27.1432.71
Total liabilities159142
Assets
Gross block34.6228.89
Net block29.1425.63
Capital work in progress12.323.64
Investments0.000.00
Inventories10898.07
Sundry debtors13.9222.11
Cash & bank balances7.1110.72
Loans & advances44.6133.14
Total current assets174164
Total current liabilities58.5652.27
Net working capital115112
Total assets159142
ParticularsFY 2025-26FY 2024-25
Opening cash10.722.65
Net cash from operating activities9.05(52.93)
Net cash from investing activities(15.38)(16.28)
Net cash from financing activities2.7377.27
Net change in cash(3.61)8.06
Closing cash7.1110.72
ParticularsFY 2025-26FY 2024-25
Growth
Sales growth+55.0%-
EBITDA growth+61.9%-
PBT growth+12.1%+9997.0%
Net income growth+27.7%-
Profitability & leverage
Net income margin+4.6%+6.6%
Return on capital employed-+10.8%
Return on net worth-+9.8%
Debt / equity-0.32
Long-term debt / equity-0.03
Interest cover11.9420.23
Efficiency & per share
Fixed asset turnover-6.18
Inventory turnover-1.82
Debtors turnover-8.08
EPS (₹)2.232.13
Dividend per share (₹)0.000.10
Book value per share (₹)0.0018.54
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue27717910576.5075.461.280.76
Revenue growth+55.0%+70.7%+36.7%+1.4%+5795.3%+68.4%-
Other income1.426.270.940.060.210.000.01
Total expenses25716686.7869.8971.130.850.65
Employee cost0.002.771.801.390.530.030.02
EBITDA19.8612.3817.826.614.330.430.11
EBITDA margin+7.2%+6.9%+17.0%+8.6%+5.7%+33.6%+14.5%
Depreciation2.141.100.920.770.430.000.00
Interest2.122.272.080.970.860.330.06
Profit before tax17.0215.2815.764.933.250.100.06
Tax4.293.443.951.200.900.030.01
Net profit12.7311.8311.813.732.350.070.05
Net profit margin+4.6%+6.6%+11.3%+4.9%+3.1%+5.5%+6.6%
EPS (₹)2.212.142.851.8122.741.4535.63
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital11.5411.068.294.131.030.520.01
Reserves & surplus11491.5212.244.093.220.110.03
Shareholders' funds (net worth)12610320.538.224.250.630.04
Secured loans22.5420.6716.4317.4411.701.010.00
Unsecured loans4.6012.044.091.461.872.323.04
Total debt27.1432.7120.5218.9013.573.333.04
Total liabilities15914247.4433.6424.883.963.09
Assets
Gross block29.0523.3113.5412.4210.664.152.65
Net block23.6820.0811.4211.2210.224.152.65
Capital work in progress11.232.570.000.000.000.000.00
Investments5.005.000.000.000.000.000.00
Inventories10898.0751.8126.1529.790.050.52
Sundry debtors13.9222.112.755.800.940.080.27
Cash & bank balances7.118.732.653.272.611.010.00
Loans & advances44.5433.077.0410.316.720.090.12
Total current assets17416264.2545.5340.061.230.91
Total current liabilities58.5052.2228.0123.0525.311.410.48
Net working capital11511036.2422.4814.75(0.18)0.43
Total assets15914247.4433.6424.883.963.09
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash8.732.653.272.611.010.00-
Net cash from operating activities8.88(53.19)0.18(2.08)(2.55)1.71-
Net cash from investing activities(13.23)(20.84)(0.85)(1.86)(6.51)(1.50)-
Net cash from financing activities2.7380.120.044.6010.660.80-
Net change in cash(1.62)6.08(0.63)0.661.601.01-
Closing cash7.118.732.653.272.611.01-
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+55.0%+70.7%+36.7%+1.4%+5795.3%+68.4%-
EBITDA growth+60.4%-30.5%+169.6%+52.7%+907.0%+290.9%-
PBT growth+11.4%-3.1%+219.7%+51.7%+3150.0%+66.7%+9997.0%
Net income growth+7.6%+0.2%+216.6%+58.7%+3257.1%+40.0%-
Revenue CAGR (3Y)+53.5%+33.3%+334.0%+365.2%---
EBITDA CAGR (3Y)+44.3%+41.9%+246.1%+291.7%---
Profitability & leverage
Net income margin+4.6%+6.6%+11.3%+4.9%+3.1%+5.5%+6.6%
Return on capital employed-+18.6%+44.0%+20.1%+28.4%+12.5%+7.1%
Return on net worth-+19.3%+82.2%+59.7%+95.9%+23.9%+160.0%
Debt / equity-0.431.372.603.479.5260.80
Long-term debt / equity-0.040.220.570.956.0560.80
Interest cover11.9620.1212.3116.6122.0576.7454.55
Efficiency & per share
Fixed asset turnover-9.698.066.6310.190.380.57
Inventory turnover-2.382.682.745.064.492.92
Debtors turnover-14.3724.4722.70147.967.315.63
EPS (₹)2.212.142.851.8122.741.4535.63
Dividend per share (₹)0.000.100.000.000.000.000.00
Book value per share (₹)0.0018.554.953.9841.2512.0843.09

To see the full year-wise statements and ratios of Tunwal E-Motors Limited, buy the company report.

Board of directors of Tunwal E-Motors Limited

Tunwal E-Motors has 8 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jhumarmal Pannaram TunwalManaging Director21 Dec 20187 Years 10 MonthsCurrent
Amitkumar Pannaram MaliWhole-Time Director13 Jan 20206 Years 10 MonthsCurrent
Karan Kumar SainiWhole-Time Director28 Jul 20206 Years 3 MonthsCurrent
Kush GuptaDirector01 Mar 20242 Years 8 MonthsCurrent
Arshita SinghDirector01 Mar 20242 Years 8 MonthsCurrent
Nagraj Naveenchandra MujumdarDirector15 Mar 20242 Years 7 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Peer comparison

Tunwal E-Motors Limited is compared with the 4 companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Tunwal E-Motors Limitedthis company₹276.84 Cr (FY 2026)₹12.83 Cr4.6%55.0%Pune, Maharashtra, India
Kinetic Green Energy and Power Solutions Limited₹220.32 Cr (FY 2025)-25.0%Pune, Maharashtra, India
Ipltech Electric Private Limited₹182.73 Cr (FY 2025)432.0%Gurgaon, Haryana, India
Zelio E-Mobility Limited₹173.8 Cr (FY 2025)83.0%Hisar, Haryana, India
Terra Motors India Private Limited₹161.95 Cr (FY 2025)-6.0%Kolkata, West Bengal, India

To see the full peer comparison of Tunwal E-Motors Limited, buy the company report.

Charges & borrowings

Open charges
₹59.87 Cr
Satisfied charges
₹28.48 Cr
Breakdown by lending institutions
Others₹59.30 Cr
Bank of India₹0.57 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Apr 2026101288972Others₹28.81 CrOpen
10 Jan 2025101031280Others₹2.75 CrOpen
03 Jun 2024100980155Others₹43.8 LakhOpen
24 Jan 2023100693003Bank of India₹57.4 LakhOpen
31 Mar 2021100450636Others₹27.3 CrOpen

To see the full charge records of Tunwal E-Motors Limited, buy the company report.

Total charge records: 10 View all charges

Deals & funding

Tunwal E-Motors Limited has 13 deals on record (9 secondary share transfers, 2 rights issues, 1 ipo); the latest was in July 2024.

Total deals
13
Secondary share transfers
9
Rights issues
2
IPO
1
Acquisition
1

Deals on record (5 of 13)

WhenDealAmountParties
Jul 2024IPO₹115.64 CrInvestors: IPO - Tunwal E-Motors Limited
Seller: an individual
May 2024Secondary share transferUndisclosedBuyer: an individual
Seller: Sn Capital Management Private Limited
Mar 2024Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Sn Capital Management Private Limited, Jhumarmal Pannaram Tunwal HUF, 2 individuals
Mar 2024Secondary share transferUndisclosedBuyer: Dpsco Consultants Private Limited , 2 individuals
Seller: an individual
Mar 2024Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

To see the full deal history of Tunwal E-Motors Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Tunwal E-Motors Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Tunwal E-Motors has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAHCT0838P1ZRMaharashtraActive22 Apr 2019
08AAHCT0838P1ZRRajasthanActive19 Sep 2020

To see the full GST registrations and return filing status of Tunwal E-Motors Limited, buy the company report.

Recent activity

Tunwal E-Motors Limited has 14 board changes on record since 2018: 8 appointments and 6 cessations. The latest: Kiran Deora was appointed as Additional Director on 13 May 2026.

Charges
A charge with Others of Rs. 27.30 Cr registered on 31 Mar 2021 with Charge ID 100450636 was modified on 08 Jul 2026.
Charges
A charge registered on 28 Apr 2025 via Charge ID 101094616 with Others was fully satisfied on 24 Jun 2026.
Charges
A charge with Others of Rs. 2.75 Cr registered on 10 Jan 2025 with Charge ID 101031280 was modified on 02 Jun 2026.
Appointed
Kiran Deora was appointed as Additional Director.
Appointed
Vijay Garg was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 28.81 Cr with Charge ID 101288972 was registered on 18 Apr 2026.
Filing
Tunwal E-Motors Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Pune.
Charges
A charge registered on 01 Dec 2024 via Charge ID 101028179 with Others was fully satisfied on 24 Mar 2026.
Charges
A charge registered on 19 Apr 2025 via Charge ID 101094618 with Others was fully satisfied on 24 Feb 2026.
Charges
A charge registered on 19 Apr 2025 via Charge ID 101094620 with Others was fully satisfied on 24 Feb 2026.
Charges
A charge with Others of Rs. 0.50 Cr registered on 28 Apr 2025 with Charge ID 101094616 was modified on 23 Sep 2025.
AGM
Tunwal E-Motors Limited last Annual general meeting of members was held on 19 Sep 2025 as per latest MCA records.

25 earlier events are in the company report.

Frequently asked questions

Tunwal E-Motors is an active public limited company based in Pune, Maharashtra, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 21 December 2018 (8+ years old) and is registered under CIN L34300PN2018PLC180950. Listed on NSE: TUNWAL.

Tunwal E-Motors reported revenue of ₹276.84 Cr for FY 2025-26 (up 55% YoY) based on consolidated financials.

Tunwal E-Motors has 8 current directors:

The latest financial statements of Tunwal E-Motors on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 19 September 2025. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Tunwal E-Motors is 27AAHCT0838P1ZR, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AAHCT0838P1ZR (Rajasthan).

The CIN (Corporate Identification Number) of Tunwal E-Motors is L34300PN2018PLC180950. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Tunwal E-Motors is a listed company as per MCA records. Its shares are listed on NSE (symbol: TUNWAL).

Tunwal E-Motors has 5 court cases on record: 5 filed by the company. 5 are pending. Most are in the district courts.

Tunwal E-Motors was incorporated on 21 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.

Tunwal E-Motors has 13 deals on record (9 secondary share transfers, 2 rights issues, 1 ipo); the latest was in July 2024.

The peers of Tunwal E-Motors by revenue are Kinetic Green Energy and Power Solutions Limited, Ipltech Electric Private Limited, Zelio E-Mobility Limited, Terra Motors India Private Limited, all in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).