Supertech EV reports revenue of ₹78.19 crore in FY26
Supertech EV Limited reported a revenue of ₹78.19 crore for FY26, a slight increase from the previous year, while net profit declined to ₹3.93 crore. The board approved the audited financial results, confirming the full utilisation of IPO proceeds amounting to ₹29.89 crore without any deviation. The auditors provided an unmodified opinion on the financial statements.

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Supertech EV Limited reported a revenue of ₹78.19 crore for the financial year ended March 31, 2026, compared to ₹75.09 crore in the previous year. The company's board of directors approved the audited financial results for the half-year and financial year ended March 31, 2026, at a meeting held on May 27, 2026. The statutory auditors, Rajesh Kukreja & Associates, issued an unmodified opinion on the financial results.
Financial Performance
The company recorded a profit after tax (PAT) of ₹3.93 crore for FY26, a decrease from ₹6.17 crore in FY25. For the half-year ended March 31, 2026, the PAT stood at ₹0.12 crore. Earnings per share (EPS) for the full year were ₹3.32, down from ₹3.70 in the previous year. Total income for the year rose to ₹78.19 crore from ₹75.19 crore.
IPO Proceeds Utilisation
Supertech EV successfully completed its Initial Public Offer (IPO) of 32,49,600 equity shares of ₹10 each at a premium of ₹82 per share, aggregating to ₹29.89 crore. The shares were allotted on July 2, 2025. The company confirmed that the entire IPO proceeds have been fully utilised towards the objects of the issue, including working capital requirements and repayment of borrowings. There was no deviation in the utilisation of funds as of March 31, 2026.
| Metric | FY26 (Audited) | FY25 (Audited) |
|---|---|---|
| Total Income | ₹78.19 crore | ₹75.19 crore |
| Net Profit | ₹3.93 crore | ₹6.17 crore |
| EPS (Basic) | ₹3.32 | ₹3.70 |
Regulatory Disclosures
The financial results were prepared in accordance with the Accounting Standards prescribed under Section 133 of the Companies Act, 2013, and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also submitted a statement on deviation or variation in the utilization of funds, confirming nil deviation. The trading window for designated persons will remain closed until 48 hours after the declaration of the results.
Historical Stock Returns for Supertech Ev
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.50% | -7.64% | -15.88% | -46.14% | -41.36% | -41.36% |
What strategic initiatives will Supertech EV implement to reverse the decline in profit margins despite the increase in total income?
How will the company sustain growth now that the IPO proceeds have been fully utilized?
What are the projected capital expenditure plans for FY27 to drive future revenue expansion?
































