SRIVARU Holding Ltd
SVUHF, SVUWF · Motor Vehicles & Passenger Car Bodies · EDGAR filings ↗
Grade
D42Early-stage Indian electric two-wheeler maker with minuscule revenue and losses many multiples of sales.
Strengths
- Revenue grew ~61% (82nd pct) with 34% gross margin (88th pct) and very high current ratio (97th pct)
- Vertical-integration build-out (battery and frame plants) and ~12,000 (non-deposit) reservations
Risks
- Net margin -512% and operating margin -518% (bottom decile); ~$35M net loss against ~$1.5M cash
- Has sold only ~199 vehicles with unbinding reservations; severe scale/financing and execution risk
Notable findings
- No interest coverageInterest coverage -1709.90 (cannot cover interest)
- Net lossNet loss (net margin -51233.2%)
Key metrics
Gross margin
33.8%
Operating margin
-51802.4%
Net margin
-51233.2%
Return on assets
-739.3%
Revenue growth (QoQ)
60.6%
Interest coverage
-1709.9×
Current ratio
14.0×
EBITDA
-$35M
Cash & investments
$2M
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2025-08-08 | 2025-03-31 | 0001641172-25-022759 ↗ |
| 20-F | 2024-07-19 | 2024-03-31 | 0001493152-24-028413 ↗ |
| 20-F | 2023-12-28 | 2023-03-31 | 0001493152-23-046381 ↗ |