tiprankstipranks
Trending News
More News >
Zoomcar Holdings Inc (ZCAR)
:ZCAR

Zoomcar Holdings (ZCAR) AI Stock Analysis

Compare
280 Followers

Top Page

ZC

Zoomcar Holdings

(OTC:ZCAR)

Rating:39Underperform
Price Target:
$0.50
▼(-16.67%Downside)
Zoomcar Holdings' overall stock score is heavily impacted by its financial instability, with ongoing losses and high leverage being significant concerns. Technical analysis indicates bearish momentum, and valuation metrics are weak, further weighing down the score.

Zoomcar Holdings (ZCAR) vs. SPDR S&P 500 ETF (SPY)

Zoomcar Holdings Business Overview & Revenue Model

Company DescriptionZoomcar 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 MoneyZoomcar 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 faces significant financial challenges, with persistent losses and high leverage. Despite some improvement in gross profit margin, negative equity and cash flow issues persist, indicating a need for strategic restructuring.
Income Statement
20
Very Negative
Zoomcar Holdings has been experiencing declining revenue with a negative revenue growth rate from 2022 to 2025. The gross profit margin improved in 2025 to 41.82% from negative figures in previous years, indicating potential operational improvements. However, the company has persistently high net losses, leading to a negative net profit margin of -281.43% in 2025. EBIT and EBITDA margins are also significantly negative, reflecting ongoing operational and financial challenges.
Balance Sheet
15
Very Negative
The balance sheet reveals significant instability with negative stockholders' equity of -25.35 million, indicating potential solvency issues. The debt-to-equity ratio cannot be calculated due to negative equity, suggesting high leverage. While the company has reduced total debt over the years, the overall financial position remains weak with an equity ratio of -473.36% in 2025, highlighting a potential risk of financial distress.
Cash Flow
30
Negative
Cash flows are under pressure, with negative operating cash flow and free cash flow consistently over the years, although there was a significant reduction in negative free cash flow in 2025 compared to 2022. The free cash flow to net income ratio is negative, further complicating the financial outlook. However, the company has been able to secure financing, which may support short-term liquidity.
BreakdownMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue9.11M9.90M8.83M12.80M10.23M
Gross Profit3.81M-434.36K-11.85M-12.49M-9.60M
EBITDA-20.49M-32.10M-59.61M-24.96M-10.89M
Net Income-25.62M-34.28M-62.03M-31.05M-27.67M
Balance Sheet
Total Assets5.36M9.17M16.46M42.17M51.50M
Cash, Cash Equivalents and Short-Term Investments1.08M1.79M3.85M26.78M29.06M
Total Debt13.94M24.26M41.98M21.42M52.03M
Total Liabilities30.71M42.86M237.38M205.73M193.62M
Stockholders Equity-25.35M-33.69M-246.03M-188.67M-167.24M
Cash Flow
Free Cash Flow-9.08M-22.34M-36.36M-34.30M-12.93M
Operating Cash Flow-9.08M-22.20M-36.27M-31.66M-12.87M
Investing Cash Flow492.14K814.003.90M2.59M6.44M
Financing Cash Flow8.27M20.20M9.59M26.83M34.62M

Zoomcar Holdings Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.60
Price Trends
50DMA
2.56
Negative
100DMA
5.16
Negative
200DMA
64.91
Negative
Market Momentum
MACD
-0.48
Negative
RSI
34.36
Neutral
STOCH
15.45
Positive
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 0.6 is below the 20-day moving average (MA) of 0.80, below the 50-day MA of 2.56, and below the 200-day MA of 64.91, indicating a bearish trend. The MACD of -0.48 indicates Negative momentum. The RSI at 34.36 is Neutral, neither overbought nor oversold. The STOCH value of 15.45 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ZCAR.

Zoomcar Holdings Risk Analysis

Zoomcar Holdings disclosed 69 risk factors in its most recent earnings report. Zoomcar Holdings reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 1 New Risks
1.
The founder/former CEO has initiated a civil complaint against the Company contesting the reasons for his termination and has raised certain other claims with regards to his shareholding and compensation for termination of his employment. Q3, 2024

Zoomcar Holdings Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
RR
69
Neutral
$7.00B14.8116.41%1.91%6.21%47.05%
HRHRI
67
Neutral
$4.56B30.619.60%2.04%8.34%-63.02%
61
Neutral
C$14.64B6.1022.26%5.61%27.38%-22.40%
CACAR
59
Neutral
$6.39B8.2678.26%-2.78%-296.07%
56
Neutral
$3.47B38.0015.74%1.16%-3.52%-46.60%
HTHTZ
50
Neutral
$2.19B-244.63%-6.61%-1516.07%
39
Underperform
$3.99M<0.018.77%97.89%-102.78%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
ZCAR
Zoomcar Holdings
0.60
-315.40
-99.81%
CAR
Avis Budget
178.52
79.51
80.31%
HEES
H&E Equipment Services
94.64
51.42
118.97%
HRI
Herc Holdings
144.33
19.08
15.23%
R
Ryder System
170.20
52.58
44.70%
HTZ
Hertz Global
7.06
3.64
106.43%

Zoomcar Holdings Corporate Events

Private Placements and Financing
Zoomcar Holdings Finalizes Convertible Notes Agreement
Neutral
Jun 30, 2025

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.

Private Placements and FinancingLegal Proceedings
Zoomcar Holdings Resolves Liquidated Damages with Investors
Neutral
Jun 18, 2025

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.

Executive/Board ChangesBusiness Operations and Strategy
Zoomcar Holdings Appoints Deepankar Tiwari as New CEO
Neutral
May 9, 2025

On May 2, 2025, Hiroshi Nishijima resigned as CEO of Zoomcar Holdings, Inc., with no disagreements cited. On May 9, 2025, Deepankar Tiwari was appointed as the new CEO, bringing over 25 years of experience in the automotive and mobility sectors, including roles at Tata Group and Uber Technologies. Tiwari’s appointment is expected to leverage his extensive industry experience and previous advisory role with Zoomcar India Private Limited to enhance the company’s strategic direction.

Delistings and Listing ChangesBusiness Operations and Strategy
Zoomcar Holdings Transitions to OTCQX and OTCQB Markets
Neutral
May 8, 2025

On May 8, 2025, Zoomcar Holdings announced its transition from the Nasdaq Global Markets to trading on the OTCQX Best Market and the OTCQB Venture Market. This move is expected to ensure continuity in trading of its common stock while enhancing transparency and visibility for investors. Zoomcar aims to list on a national exchange in the U.S. later this year, supporting its mission of providing affordable and flexible transportation solutions.

Executive/Board Changes
Zoomcar Holdings Restructures Board Committees Post-Resignation
Neutral
Apr 22, 2025

On April 16, 2025, Madan Menon resigned from the board of directors and various committees of Zoomcar Holdings, Inc., with his departure not due to any disagreements with the company’s operations or policies. Subsequently, on April 21, 2025, the board restructured its committees, appointing new members to the Audit, Compensation, and Nominating and Corporate Governance Committees, ensuring continuity in governance.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 04, 2025