Zoomcar Holdings (ZCAR) AI Stock Analysis

• Market Cap: $2.66M
• Dividend Yield: N/A
• Average Volume (3M): 15.65K
• Price to Earnings (P/E): <0.1
• Beta (1Y): 3.73
• Revenue Growth: 34.13%
• EPS Growth: -101.92%
• Country: US
• Employees: 191
• Sector: Financial
• Sector Strength: 70
• Industry: Rental & Leasing Services
• EPS (TTM): N/A
• Shares Outstanding: 6,374,874
• 10 Day Avg. Volume: 8,771
• 30 Day Avg. Volume: 15,649
• PEG Ratio: 0.98
• Price to Book (P/B): -97.69
• Price to Sales (P/S): 271.95
• P/FCF Ratio: -0.27
• Enterprise Value/Market Cap: 9.48
• Enterprise Value/Revenue: 0.01
• Enterprise Value/Gross Profit: 0.03
• Enterprise Value/Ebitda: -1.12
• 1Y Price Target: $0.50
• Price Target Upside: 19.05% Upside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 0

• Rating: 38 Underperform
• Price Target: $0.50 ▲(19.05% Upside)

Zoomcar Holdings is facing severe financial instability with negative profit margins and equity, compounded by bearish technical indicators and a negative valuation. The delisting notice further exacerbates the risks, making the stock highly unattractive.

Zoomcar Holdings Business Overview & Revenue Model

Company Description

Zoomcar 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.

How the Company Makes Money

Zoomcar Holdings makes money through a commission-based revenue model where it charges a fee for each transaction facilitated via its platform. The company earns a percentage of the rental fee paid by the customer, which is shared with the vehicle owner. Additionally, Zoomcar offers subscription services for vehicle owners, providing them with tools and services to manage rental operations more effectively. The company may also generate additional revenue through partnerships with automotive companies, insurance providers, and other related services that enhance the value proposition for users. Key factors contributing to its earnings include the expansion into new markets, improving vehicle availability, and leveraging technology to optimize pricing and increase platform usage.

Zoomcar Holdings Financial Statement Overview

Summary

Zoomcar Holdings is facing significant financial challenges with substantial negative profit margins and negative stockholders' equity. The company struggles with profitability and cash flow generation, posing substantial risks to stakeholders.

Income Statement

Zoomcar Holdings shows a significant revenue growth in the TTM period, but this is overshadowed by substantial negative profit margins. The company has a negative net profit margin of -326.65% and a negative EBIT margin, indicating severe profitability issues. The revenue growth is not translating into profitability, which is a major concern.

Balance Sheet

The balance sheet reveals a negative stockholders' equity, leading to a negative debt-to-equity ratio. This indicates financial instability and high leverage risk. The return on equity is positive due to negative equity, but this is misleading as it reflects losses rather than profitability.

Cash Flow

Cash flow analysis shows a negative free cash flow growth and low operating cash flow to net income ratio, indicating poor cash generation relative to earnings. The free cash flow to net income ratio is near 1, suggesting that the company is not generating sufficient cash flow to cover its net losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.32B	9.11M	9.90M	8.83M	12.80M	10.23M
Gross Profit	1.00B	3.81M	-434.36K	-11.85M	-12.49M	-9.60M
EBITDA	-22.44M	-20.49M	-32.10M	-59.61M	-24.96M	-10.89M
Net Income	-3.38B	-25.62M	-34.28M	-62.03M	-31.05M	-27.67M
Balance Sheet
Total Assets	3.91B	5.36M	9.17M	16.46M	42.17M	51.50M
Cash, Cash Equivalents and Short-Term Investments	385.23M	1.08M	1.79M	3.85M	26.78M	29.06M
Total Debt	6.73B	7.94B	24.26M	41.98M	21.42M	52.03M
Total Liabilities	30.71B	30.71M	42.86M	237.38M	205.73M	193.62M
Stockholders Equity	-26.80B	-25.35M	-33.69M	-246.03M	-188.67M	-167.24M
Cash Flow
Free Cash Flow	81.73M	-9.09B	-22.34M	-36.36M	-34.30M	-12.93M
Operating Cash Flow	82.45M	-9.08M	-22.20M	-36.27M	-31.66M	-12.87M
Investing Cash Flow	-885.90K	492.14K	814.00	3.90M	2.59M	6.44M
Financing Cash Flow	-819.79M	8.27M	20.20M	9.59M	26.83M	34.62M

Zoomcar Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.42
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ZCAR, the sentiment is Negative. The current price of 0.42 is above the 20-day moving average (MA) of 0.40, below the 50-day MA of 0.47, and below the 200-day MA of 14.48, indicating a neutral trend. The MACD of -0.04 indicates Negative momentum. The RSI at 47.64 is Neutral, neither overbought nor oversold. The STOCH value of 78.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ZCAR.

Zoomcar Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
R	78 Outperform	7.50B	15.69	16.46%	1.82%	3.68%	6.61%
HRI	50 Neutral	3.96B	138.05	1.20%	2.32%	11.41%	-92.67%
HTZ	47 Neutral	2.11B	-0.82	505.56%	―	-7.58%	-225.06%
CAR	44 Neutral	5.55B	-2.49	80.95%	―	-2.25%	-395.93%
ZCAR	38 Underperform	$2.66M	<0.01	8.77%	―	34.13%	-101.92%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Zoomcar Holdings Corporate Events

Zoomcar Holdings Faces Delisting Notice from OTCQX

On August 5, 2025, Zoomcar Holdings, Inc. received a notice from the OTCQX U.S. tier of OTC Markets Group indicating that the company has not met the minimum $5 million Global Market Capitalization requirement for more than 30 consecutive days. Consequently, Zoomcar Holdings has until November 3, 2025, to regain compliance by achieving a Global Market Capitalization of at least $5 million for 10 consecutive trading days, and the company is currently evaluating its options to meet this requirement.

Zoomcar Holdings Finalizes Convertible Notes Agreement

On June 24, 2025, Zoomcar Holdings, Inc. finalized two Securities Purchase Agreements with 1800 Diagonal Lending LLC and Boot Capital LLC, involving a private placement offering of convertible bridge notes totaling $513,760. The agreements include terms for interest rates, default conditions, and conversion options, potentially impacting the company’s financial flexibility and shareholder value.

Zoomcar Holdings Resolves Liquidated Damages with Investors

Zoomcar Holdings has entered into Securities Purchase Agreements with accredited investors for a private placement offering of common stock and warrants. On June 6, 2025, the company issued a settlement letter to resolve liquidated damages with certain investors, agreeing to issue 1,950,600 pre-funded warrants valued at $3,023,400. These warrants have an exercise price of $0.0001 per share and include provisions for penalties, beneficial ownership limitations, and adjustments for stock changes.