Zoomcar Holdings (ZCAR) AI Stock Analysis

• Market Cap: $1.37M
• Dividend Yield: N/A
• Average Volume (3M): 15.48K
• Price to Earnings (P/E): ―
• Beta (1Y): 4.02
• Revenue Growth: 34.13%
• EPS Growth: -101.92%
• Country: US
• Employees: 191
• Sector: Industrials
• Sector Strength: 72
• Industry: Rental & Leasing Services
• EPS (TTM): N/A
• Shares Outstanding: 6,374,874
• 10 Day Avg. Volume: 12,544
• 30 Day Avg. Volume: 15,485
• 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: 18.38
• Enterprise Value/Revenue: 0.01
• Enterprise Value/Gross Profit: 0.03
• Enterprise Value/Ebitda: -1.12
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 39 Underperform
• Price Target: $0.00 ▼(-100.00% Downside)

Zoomcar Holdings' overall stock score is primarily impacted by its poor financial performance and weak technical indicators. The company's financial instability, negative profitability, and lack of positive valuation metrics are significant concerns.

Zoomcar Holdings Business Overview & Revenue Model

Company Description

Zoomcar Holdings (ZCAR) is a leading car rental and mobility solutions provider based in India, specializing in self-drive car rentals, fleet management, and subscription-based vehicle services. The company operates in the growing shared mobility sector, catering to urban consumers seeking flexible transportation options. With a diverse fleet of vehicles ranging from economy cars to luxury models, Zoomcar enables users to book vehicles for short and long durations through its user-friendly mobile app and website.

How the Company Makes Money

Zoomcar primarily generates revenue through its car rental services, where customers pay for the duration of their vehicle usage. Key revenue streams include hourly, daily, and monthly rental fees. The company also offers subscription services, allowing customers to access vehicles on a long-term basis for a fixed monthly fee, which provides a steady income stream. Additionally, Zoomcar earns revenue from partnerships with various businesses for corporate rentals and collaborations with automotive manufacturers for fleet acquisitions. The company's innovative pricing strategies and promotions further enhance customer acquisition and retention, contributing to its overall earnings.

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	-26.80M	-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: 0.22
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• 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 0.22 is below the 20-day moving average (MA) of 0.28, below the 50-day MA of 0.33, and below the 200-day MA of 5.03, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 36.71 is Neutral, neither overbought nor oversold. The STOCH value of 39.11 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
UHAL	66 Neutral	$9.73B	37.70	3.71%	―	3.39%	-47.78%
WSC	66 Neutral	$3.81B	34.94	9.82%	0.97%	-2.34%	-37.24%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
R	61 Neutral	$6.76B	14.19	16.26%	1.98%	1.68%	9.91%
HTZ	46 Neutral	$2.09B	-0.81	-350.48%	―	-7.58%	-225.06%
CAR	41 Neutral	$4.86B	―	―	―	-1.22%	-639.34%
ZCAR	39 Underperform	$1.37M	>-0.01	―	―	34.13%	-101.92%

Zoomcar Holdings Corporate Events

Zoomcar Holdings Faces Stockholder Value Dilution Risk Amid Growth and Acquisition Plans

Zoomcar Holdings Inc. faces a significant business risk related to the potential dilution of stockholder value due to the issuance of additional capital stock. This dilution may occur as the company plans to issue equity awards under its Incentive Plan and may also engage in equity financing to support its growth strategy. Furthermore, acquisitions or investments in complementary businesses could involve issuing equity securities, further diluting existing stockholders’ ownership and potentially decreasing the per share value of the company’s Common Stock. Such actions could impact investor confidence and the overall market perception of the company’s financial health.

Ambipar Reports Strong Q2 2025 Financial Growth

Ambipar Participações e Empreendimentos SA, a company listed on the B3 stock exchange under the ticker AMBP3, specializes in providing comprehensive environmental solutions, including waste management and emergency response services, across various regions globally. In its latest earnings report for the second quarter of 2025, Ambipar reported significant growth in net revenue and EBITDA, reflecting its robust performance and strategic expansions in key markets.

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.