What we do Delta Autocorp Limited manufactures and sells electric two and three-wheelers, focusing on affordable, high-performance EVs with advanced battery technology for Indian markets. |
Founded in 2,016 |
Market share Strong presence with 350+ dealers across 25 Indian states, growing rapidly in electric 2W and 3W segments. |
Problem solved Offers sustainable, cost-effective transportation solutions reducing dependence on fossil fuels and pollution. |
Top clients or who we serve Retail and fleet customers in India via company-owned and dealer-operated outlets (B2C). |
Key management - |
Our journey and innovations Started with electric 3W prototypes in 2016; launched first E-rickshaw in 2017; expanded to electric scooters with technological upgrades including Lithium Ferro Phosphate batteries. |
Where we operate India with manufacturing plants in Uttar Pradesh and West Bengal. |
Top products or what we offer Electric scooters and E-rickshaws under the brand 'DELTIC' with focus on cost-efficiency and durability. |
Top brands DELTIC Electric Scooters and E-rickshaws; known for affordability and improved gradability on hilly terrains. |
Raw materials needed Advanced automotive components and Lithium Ferro Phosphate batteries. |
Raw materials supplier Reputed OEMs specializing in EV components. |
Recurring vs cyclical contribution Revenue mainly from sales, expanding recurring service and battery replacement potential. |
Our industry position Emerging player listed publicly in SME segment with growing market share in 2W and 3W EV market. |
Financial highlights FY 2024-25 revenue ₹83.19 Cr, Net Profit ₹8.4 Cr; significant growth since inception. |
Geographical revenue split Revenue predominantly from Indian market across multiple states. |
Order book - |
Whats driving growth Increasing EV adoption, government incentives, enhanced product portfolio, and expanded dealership network. |
Our future plans Capex on new manufacturing plants, new product development, and expanding COCO retail outlets. |
Our green promise Emission-free transport solutions, adopting clean battery tech, and minimal energy consumption in operations. |
Our people and values Focus on attracting and retaining talent, fostering a culture of innovation and customer centricity. |
Key challenges ahead Scaling production, supply chain optimization, and competition from established EV manufacturers. |
Interesting facts Pioneered aerodynamic improvements for electric rickshaws to excel on hilly terrains. |
Risks and strategy Mitigating supply risks via OEMs, scaling operations, and continuous innovation to stay competitive. |
