Friday 6 November 2026
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Zoomcar Holdings, Inc.
ZCAR Industrials Rental & Leasing Services
Zoomcar Holdings, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $9.2 million, up 0.55% from fiscal 2025.
- Revenue
- +1.66%
- EPS
- +52.0%
- Free cash flow
- −350.2%
- Total debt
- −18.6%
Quarter to June 2026, against a year earlier
0.02
0.00
0.00%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to March
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | TTM Jun ’26 | Trend | 10 yrs | 2027e | 2028e | 2029e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | 9 | 10 | 9 | 9 | 9 | +1.2% | — | — | — | — | |
| Gross margin, % | — | — | — | — | — | — | (134.25) | (4.39) | 41.83 | 51.63 | 57.29 | +185.9 pt | ||||||
| EBT | — | — | — | — | 0 | (5) | (62) | (34) | (26) | (15) | (16) | +129.6% | ||||||
| EBT margin, % | — | — | — | — | 0.00 | 0.00 | (702.82) | (346.33) | (281.38) | (159.69) | (171.68) | (159.7) pt | ||||||
| Net income | 0 | — | — | — | 0 | (5) | (62) | (34) | (26) | (15) | (16) | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | — | 0.00 | 0.00 | 3,677.58 | 1,112.04 | 18.58 | 0.80 | 0.41 | n/m | |||||
| Earnings | — | — | — | — | (5.53) | (101.55) | (25,703.13) | (3,839.73) | (51.84) | (1.28) | (1.12) | (25.4%) | ||||||
| Cash flow | — | — | — | — | (11.61) | (32.22) | (15,112.29) | (2,494.29) | (17.39) | (0.12) | (0.09) | (60.0%) | ||||||
| Capex | — | — | — | — | 0.00 | 0.00 | (33.96) | (16.03) | (0.02) | 0.00 | 0.00 | n/m | ||||||
| Free cash flow | — | — | — | — | (11.61) | (32.22) | (15,146.25) | (2,510.33) | (17.42) | (0.12) | (0.09) | (60.0%) | ||||||
| Book value | — | — | — | — | (262.64) | (412.46) | (32,107.21) | (3,785.64) | (51.72) | (3.08) | (1.59) | (58.9%) | ||||||
| Shares, m | — | — | — | — | 0 | 0 | 0 | 0 | 0 | 11 | 14 | +207.9% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | |||||
| P/S | — | — | — | — | — | — | 0.00 | 3.93 | 0.27 | 0.09 | 0.05 | 1.1 | ||||||
| P/B | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | ||||||
| EV/Sales | — | — | — | — | — | — | 0.00 | 5.28 | 1.57 | 1.43 | 1.33 | 2.1 | ||||||
| EV/FCF | — | — | — | — | — | — | (33.71) | (2.34) | (1.67) | (9.57) | (6.00) | (11.8) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | 0 | (1) | (36) | (22) | (9) | (1) | (2) | +23.1% | |||||
| Capex | — | — | — | — | — | — | 0 | 0 | 0 | 0 | 0 | (61.4%) | ||||||
| Free cash flow | — | — | — | — | 0 | (1) | (36) | (22) | (9) | (1) | (2) | +23.2% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | 1 | (7) | (4) | (26) | (26) | (36) | (37) | n/m | |||||
| Net debt | — | — | — | — | (1) | 0 | 35 | 13 | 2 | 2 | 2 | n/m | ||||||
| Shareholders’ equity | — | — | — | — | (11) | (19) | (77) | (34) | (25) | (35) | (36) | +26.6% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | — | (0.10) | (1.95) | (48.72) | (267.47) | (352.68) | (341.56) | (445.38) | (341.5) pt | |||||
| ROIC | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 pt | ||||||
| ROE | — | — | — | — | (0.22) | 31.17 | 46.84 | 24.51 | 86.79 | 48.21 | 50.49 | +48.4 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | 3 | 3 | — | 191 | 141 | 148 | — | +118.1% | |||||
| Revenue/emp, $m | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.05 | 0.06 | 0.06 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Mar 2026 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026
Zoomcar Holdings, Inc. vs peers in Rental & Leasing Services (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| CTOS Custom Truck One Source, Inc. | $2.1B | 71.6× | 82.8× | +2.73% (above 0%: growing) | n/m | +540.01% (above 0%: growing) | 22.87% | 7.69% | Compare |
| VSTS Vestis Corporation | $1.9B | — (loss-making) | 93.4× | −1.80% (below 0%: shrinking) | n/m | +478.29% (above 0%: growing) | 28.02% | 5.63% | Compare |
| PRG Aaron's Holdings Company, Inc. | $1.5B | 10.3× | 9.1× | +25.63% (above 0%: growing) | +13.23% (above 0%: growing) | −2.74% (below 0%: shrinking) | 89.55% | 9.09% | Compare |
| LIME Neutron Holdings, Inc. | $1.2B | — | — | — | — | — | 42.42% | 4.21% | Compare |
| WLFC Willis Lease Finance Corporation | $992.9M | 12.9× | 10.1× | +34.32% (above 0%: growing) | −50.74% (below 0%: shrinking) | −378.05% (below 0%: shrinking) | 57.78% | 17.75% | Compare |
| HTZ Hertz Global Holdings, Inc. | $638.1M | — (loss-making) | — (loss-making) | +5.61% (above 0%: growing) | n/m | −5.32% (below 0%: shrinking) | 40.89% | 0.00% | Compare |
| VAI Valor Energy Inc. | $24.5M | — (loss-making) | — (loss-making) | −15.62% (below 0%: shrinking) | n/m | −186.77% (below 0%: shrinking) | 17.10% | (174.79%) | Compare |
| MWG Multi Ways Holdings Limited | $6.8M | — | — | — | — | −31.57% (below 0%: shrinking) | — | — | Compare |
| ZCAR Zoomcar Holdings, Inc. | $2.3M | — (loss-making) | — | +1.66% (above 0%: growing) | n/m | −350.23% (below 0%: shrinking) | 65.48% | (37.38%) | |
| Median of peers | $1.1B | 12.9× | 46.4× | +4.17% | — | −5.32% | 40.89% | 5.63% |
Pay and ownership Proxy statement filed 26 June 2026
Ownership
Directors and executive officers, together
26.20%
Deepankar Tiwari
8.84%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement