Zoomcar Holdings, Inc.(ZCAR)Earnings, Financials & Key Ratios
ZCAR•NASDAQ
$0.11
$54370 mkt cap·Price updated May 6, 2026
AboutZoomcar Holdings, Inc. operates a marketplace for car sharing in India, Indonesia, and Egypt. It connects hosts with guests, who choose from a selection of cars for use at affordable prices, promoting smart transportation solutions. The company was founded in 2013 and is based in Bronxville, New York.Show more
- Revenue$9M-8.0%
- EBITDA-$10M+67.5%
- Net Income-$26M+25.2%
- EPS (Diluted)-51.84+95.0%
- Gross Margin41.83%+1053.1%
- EBITDA Margin-109.46%+64.7%
- Operating Margin-114.22%+64.3%
- Net Margin-281.38%+18.8%
- Interest Coverage-2.21+92.0%
ZCAR Key Insights
Zoomcar Holdings, Inc. (ZCAR) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Efficient asset utilization: 1.7x turnover
✗Weaknesses
- ✗Negative free cash flow
- ✗Low quality earnings: Net income not backed by cash flow
- ✗Shares diluted 100.0% in last year
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
ZCAR Price & Volume
Zoomcar Holdings, Inc. (ZCAR) stock price & volume — 10-year historical chart
Loading chart...
ZCAR Growth Metrics
Zoomcar Holdings, Inc. (ZCAR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-10.72%
TTM27489.1%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM378.55%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM217.45%
Return on Capital
10 Years-487.07%
5 Years-487.07%
3 Years-294.85%
Last Year-
ZCAR Peer Comparison
Zoomcar Holdings, Inc. (ZCAR) competitors in Vehicle rental, leasing and fleet management — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 HTZ | 2.02B | 6.48 | -2.67 | -6.02% | -8.78% | |||
 CAR | 5.8B | 164.23 | -6.50 | -1.16% | -5.68% | |||
 LYFT | 5.7B | 14.23 | 2.09 | 9.16% | 45.03% | 86.88% | 0.41 | |
 UBER | 162.94B | 79.17 | 16.74 | 18.28% | 15.91% | 32.07% | 0.48 | |
 GM | 70.96B | 78.70 | 24.07 | -1.29% | 1.38% | 3.84% | 2.06 | |
 F | 47.67B | 12.17 | -5.91 | 1.23% | -3.22% | -14.71% | 4.66 | |
 STLA | 22.19B | 7.66 | -0.72 | 14.93% | -6.17% | -28.51% | 0.85 | |
 FICO | 24.74B | 1067.00 | 40.20 | 15.91% | 33.67% |
Compare ZCAR vs Peers
Zoomcar Holdings, Inc. (ZCAR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
ZCAR Income Statement
Zoomcar Holdings, Inc. (ZCAR) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|
| Sales/Revenue | 10.23M | 12.8M | 8.83M | 9.9M | 9.11M | 2.51B |
| Revenue Growth % | - | 25.1% | -31.03% | 12.13% | -8% | 27489.1% |
| Cost of Goods Sold | 19.83M | 25.28M | 20.68M | 10.33M | 5.3M | 1.24B |
| COGS % of Revenue | 193.8% | 197.56% | 234.25% | 104.39% | 58.17% | - |
| Gross Profit | -9.6M▲ 0% | -12.49M▼ 30.1% | -11.85M▲ 5.1% | -434.36K▲ 96.3% | 3.81M▲ 976.9% | 1.26B▲ 0% |
| Gross Margin % | -93.8% | -97.56% | -134.25% | -4.39% | 41.83% | 50.43% |
| Gross Profit Growth % | - | -30.12% | 5.09% | 96.33% | 976.93% | - |
| Operating Expenses | 11.74M | 24.09M | 24.61M | 31.23M | 14.21M | -577.62M |
| OpEx % of Revenue | 114.79% | 188.28% | 278.79% | 315.58% | 156.05% | - |
| Selling, General & Admin | 8.72M | 19.86M | 19.43M | 23.01M | 11.24M | 2.06B |
| SG&A % of Revenue | 85.28% | 155.19% | 220.14% | 232.51% | 123.49% | - |
| Research & Development | 3.02M | 4.23M | 5.18M | 4.35M | 2.97M | 752.62M |
| R&D % of Revenue | 29.5% | 33.08% | 58.65% | 43.91% | 32.57% | - |
| Other Operating Expenses | 0 | 0 | 0 | 3.88M | 0 | -2M |
| Operating Income | -21.34M▲ 0% | -36.58M▼ 71.4% | -36.46M▲ 0.3% | -31.67M▲ 13.1% | -10.4M▲ 67.2% | 1.84B▲ 0% |
| Operating Margin % | -208.58% | -285.84% | -413.04% | -319.97% | -114.22% | 73.46% |
| Operating Income Growth % | - | -71.43% | 0.34% | 13.13% | 67.16% | - |
| EBITDA | -14.18M | -33.41M | -35.66M | -30.67M | -9.97M | 1.84B |
| EBITDA Margin % | -138.65% | -261.07% | -404.03% | -309.85% | -109.46% | 73.47% |
| EBITDA Growth % | - | -135.55% | -6.74% | 14% | 67.5% | 9201.75% |
| D&A (Non-Cash Add-back) | 7.15M | 3.17M | 795.35K | 1M | 433.91K | 283.39K |
| EBIT | -18.04M | -28.13M | -60.41M | -33.13M | -20.92M | 570.49M |
| Net Interest Income | -10.55M | -2.77M | -1.6M | -1.1M | -4.66M | -7.3M |
| Interest Income | 203.9K | 142.56K | 28.9K | 47.91K | 40.43K | 78.8K |
| Interest Expense | 9.63M | 2.91M | 1.63M | 1.15M | 4.7M | 7.37M |
| Other Income/Expense | -6.34M | 5.53M | -25.58M | -2.61M | -15.22M | -1.27B |
| Pretax Income | -27.67M▲ 0% | -31.05M▼ 12.2% | -62.03M▼ 99.8% | -34.28M▲ 44.7% | -25.62M▲ 25.2% | 567.55M▲ 0% |
| Pretax Margin % | -270.52% | -242.6% | -702.82% | -346.33% | -281.38% | 22.63% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | -8.76B |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | -1542.99% |
| Net Income | -27.67M▲ 0% | -31.05M▼ 12.2% | -62.03M▼ 99.8% | -34.28M▲ 44.7% | -25.62M▲ 25.2% | 9.32B▲ 0% |
| Net Margin % | -270.52% | -242.6% | -702.82% | -346.33% | -281.38% | 371.84% |
| Net Income Growth % | - | -12.18% | -99.81% | 44.74% | 25.25% | 378.55% |
| Net Income (Continuing) | -27.67M | -31.05M | -62.03M | -34.28M | -25.62M | 9.32B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 25.11M | 25.11M | 25.11M | 0 | 0 | 0 |
| EPS (Diluted) | -1290.93▲ 0% | -1933.67▼ 49.8% | -3863.72▼ 99.8% | -1041.10▲ 73.1% | -51.84▲ 95.0% | 1099.67▲ 0% |
| EPS Growth % | - | -49.79% | -99.81% | 73.05% | 95.02% | 217.45% |
| EPS (Basic) | -1290.93 | -1933.67 | -3863.72 | -1041.10 | -51.84 | - |
| Diluted Shares Outstanding | 21.44K | 16.05K | 16.05K | 32.92K | 494.28K | 8.48M |
| Basic Shares Outstanding | 21.44K | 16.05K | 16.05K | 32.92K | 494.28K | 8.48M |
| Dividend Payout Ratio | - | - | - | - | - | - |
ZCAR Balance Sheet
Zoomcar Holdings, Inc. (ZCAR) balance sheet — assets, liabilities & shareholders' equity
| Line item | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|
| Total Current Assets | 36.13M | 35.56M | 11.07M | 5.06M | 3.01M | 1.14B |
| Cash & Short-Term Investments | 29.06M | 26.78M | 3.85M | 1.79M | 1.08M | 169.36M |
| Cash Only | 29.06M | 26.78M | 3.69M | 1.5M | 1.08M | 169.36M |
| Short-Term Investments | 0 | 0 | 166.54K | 298.5K | 0 | 0 |
| Accounts Receivable | 4.45M | 204.2K | 5.05M | 1.01M | 594.58K | 94.36M |
| Days Sales Outstanding | 158.82 | 5.82 | 208.95 | 37.37 | 23.83 | 3.49 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - |
| Other Current Assets | 1.5M | 7.63M | 942.86K | 797.14K | 267.29K | 878.59M |
| Total Non-Current Assets | 15.37M | 6.62M | 5.38M | 4.11M | 2.34M | 1.98B |
| Property, Plant & Equipment | 11.64M | 3.43M | 4.42M | 2.85M | 1.35M | 1.11B |
| Fixed Asset Turnover | 0.88x | 3.73x | 2.00x | 3.47x | 6.75x | 8.99x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 38.22K | 75.82K | 33.41K | 18.39K | 5.45K | 3.68M |
| Long-Term Investments | 513.01K | 399.81K | 254.03K | 91.95K | 25.65K | 94.36K |
| Other Non-Current Assets | 3.18M | 2.99M | 673.99K | 1.15M | 963.15K | 864.49M |
| Total Assets | 51.5M▲ 0% | 42.17M▼ 18.1% | 16.46M▼ 61.0% | 9.17M▼ 44.3% | 5.36M▼ 41.6% | 3.12B▲ 0% |
| Asset Turnover | 0.20x | 0.30x | 0.54x | 1.08x | 1.70x | 3.20x |
| Asset Growth % | - | -18.11% | -60.97% | -44.27% | -41.59% | 50146.93% |
| Total Current Liabilities | 49.07M | 19.3M | 14.61M | 31.3M | 29.51M | 29.73B |
| Accounts Payable | 7.75M | 6.32M | 6.55M | 14.43M | 12.55M | 13.81B |
| Days Payables Outstanding | 142.61 | 91.22 | 115.6 | 509.85 | 864.71 | 1.02K |
| Short-Term Debt | 30.59M | 4.74M | 2.47M | 7.08M | 8.85M | 5.17B |
| Deferred Revenue (Current) | 753.88K | 346.75K | 786.57K | 716.09K | 471.72K | 1.68M |
| Other Current Liabilities | 538.13K | 3.98M | 380.46K | 10.22K | 1.21M | 10.75B |
| Current Ratio | 0.74x | 1.84x | 0.76x | 0.16x | 0.10x | 0.10x |
| Quick Ratio | 0.74x | 1.84x | 0.76x | 0.16x | 0.10x | 0.10x |
| Cash Conversion Cycle | - | - | - | - | - | -1.01K |
| Total Non-Current Liabilities | 144.55M | 186.43M | 222.77M | 11.57M | 1.2M | 1.11B |
| Long-Term Debt | 8.52M | 7.5M | 31.41M | 10.07M | 0 | 670.46M |
| Capital Lease Obligations | 9.11M | 7.94M | 6.38M | 1.01M | 801.98K | 3.07M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 126.93M | 170.99M | 184.98M | 491.45K | 394.03K | 439.56M |
| Total Liabilities | 193.62M | 205.73M | 237.38M | 42.86M | 30.71M | 30.83B |
| Total Debt | 52.03M | 21.42M | 41.98M | 24.26M | 13.94M | 5.84B |
| Net Debt | 22.96M | -5.37M | 38.3M | 22.76M | 12.86M | 5.67B |
| Debt / Equity | - | - | - | - | - | -0.21x |
| Debt / EBITDA | - | - | - | - | - | 3.17x |
| Net Debt / EBITDA | - | - | - | - | - | 3.08x |
| Interest Coverage | -2.22x | -12.55x | -22.42x | -27.52x | -2.21x | 77.36x |
| Total Equity | -142.12M▲ 0% | -163.55M▼ 15.1% | -220.92M▼ 35.1% | -33.69M▲ 84.7% | -25.35M▲ 24.8% | -27.72B▲ 0% |
| Equity Growth % | - | -15.08% | -35.07% | 84.75% | 24.76% | -84511.92% |
| Book Value per Share | -6629.68 | -10187.10 | -13760.01 | -1023.33 | -51.28 | -3268.52 |
| Total Shareholders' Equity | -167.24M | -188.67M | -246.03M | -33.69M | -25.35M | -27.72M |
| Common Stock | 1.68K | 1.7K | 48 | 6.32K | 246 | 690 |
| Retained Earnings | -176.93M | -207.97M | -270M | -307.55M | -333.17M | -338.17M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -42.62K | 769.16K | 1.83M | 1.8M | 2.13M | 1.29M |
| Minority Interest | 25.11M | 25.11M | 25.11M | 0 | 0 | 0 |
ZCAR Cash Flow Statement
Zoomcar Holdings, Inc. (ZCAR) cash flow — operating, investing & free cash flow history
| Line item | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|
| Cash from Operations | -12.87M | -31.66M | -36.27M | -22.2M | -9.08M | -9.08M |
| Operating CF Margin % | -125.82% | -247.36% | -410.93% | -224.3% | -99.67% | - |
| Operating CF Growth % | - | -145.94% | -14.58% | 38.79% | 59.12% | 4983.56% |
| Net Income | -27.67M | -31.05M | -62.03M | -34.28M | -25.62M | 9.32B |
| Depreciation & Amortization | 7.15M | 3.17M | 795.35K | 1.02M | 433.91K | 35.64M |
| Stock-Based Compensation | 372.12K | 3.88M | 3.61M | 1.88M | 52.46K | 52.46K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 100.22K | -8.34M | 23.72M | 6.42M | 13.27M | 4.27B |
| Working Capital Changes | 7.18M | 677.76K | -2.36M | 2.75M | 2.79M | 3.05M |
| Change in Receivables | 1.98M | 1.43M | -4.93K | -217.92K | 187.1K | 310.83K |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 1.94M | -1.41M | 707.57K | 3.59M | 2.12M | 1.83M |
| Cash from Investing | 6.44M | 2.59M | 3.9M | 814 | 492.14K | -952.98K |
| Capital Expenditures | -58.5K | -2.65M | -88.63K | -142.73K | -12.01K | -744.32K |
| CapEx % of Revenue | 0.57% | 20.69% | 1% | 1.44% | 0.13% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - |
| Other Investing | 3.64M | 5.24M | 4.04M | 121.31K | 144.54K | -204.36K |
| Cash from Financing | 34.62M | 26.83M | 9.59M | 20.2M | 8.27M | -818.29M |
| Debt Issued (Net) | -3.37M | -21.62M | 9.59M | 17.27M | -4.94M | -1.54M |
| Equity Issued (Net) | 1000K | 1000K | 0 | 0 | 1000K | 1M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 0 | 0 | 2.93M | -2.86M | -818.27M |
| Net Change in Cash | 28.09M▲ 0% | -2.28M▼ 108.1% | -23.1M▼ 913.8% | -2.19M▲ 90.5% | -324.11K▲ 85.2% | -737.52M▲ 0% |
| Free Cash Flow | -12.93M▲ 0% | -34.3M▼ 165.3% | -36.36M▼ 6.0% | -22.34M▲ 38.6% | -9.09M▲ 59.3% | 81.82M▲ 0% |
| FCF Margin % | -126.39% | -268.06% | -411.93% | -225.74% | -99.8% | 3.26% |
| FCF Growth % | - | -165.31% | -5.99% | 38.55% | 59.32% | 662.81% |
| FCF per Share | -603.15 | -2136.61 | -2264.60 | -678.59 | -18.39 | -18.39 |
| FCF Conversion (FCF/Net Income) | 0.47x | 1.02x | 0.58x | 0.65x | 0.35x | 0.01x |
| Interest Paid | 2.66M | 0 | 690.58K | 431.14K | 307.35K | 21.94K |
| Taxes Paid | 303.6K | 0 | 100.84K | 95.84K | 4.05K | -47 |
ZCAR Key Ratios
Zoomcar Holdings, Inc. (ZCAR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|
| Return on Equity (ROE) | - | - | - | - | -134.14% |
| Return on Invested Capital (ROIC) | - | - | - | - | -25.01% |
| Gross Margin | -97.56% | -134.25% | -4.39% | 41.83% | 50.43% |
| Net Margin | -242.6% | -702.82% | -346.33% | -281.38% | 371.84% |
| Debt / Equity | - | - | - | - | -0.21x |
| Interest Coverage | -12.55x | -22.42x | -27.52x | -2.21x | 77.36x |
| FCF Conversion | 1.02x | 0.58x | 0.65x | 0.35x | 0.01x |
| Revenue Growth | 25.1% | -31.03% | 12.13% | -8% | 27489.1% |
ZCAR Frequently Asked Questions
Zoomcar Holdings, Inc. (ZCAR) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Zoomcar Holdings, Inc. (ZCAR) reported $2.51B in revenue for fiscal year 2024. This represents a 24414% increase from $10.2M in 2020.
Zoomcar Holdings, Inc. (ZCAR) saw revenue decline by 8.0% over the past year.
Yes, Zoomcar Holdings, Inc. (ZCAR) is profitable, generating $9.32B in net income for fiscal year 2024 (-281.4% net margin).
Dividend & Returns
Zoomcar Holdings, Inc. (ZCAR) generated $81.8M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More ZCAR
Zoomcar Holdings, Inc. (ZCAR) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates