About iScoot Motors
i-Scoot Motors is among India’s fastest-growing EV brands, delivering stylish, powerful, and reliable electric mobility solutions for India.
A Top Leader in India’s Slow-Speed EV Two-Wheeler Market.
i-Scoot Motors has achieved over 3x revenue growth since FY2023, delivering an impressive CAGR of 84%.
i-Scoot Motors has sold over 70,000+ electric vehicles in the last three years, capturing approximately 4–5% market share in its segment.
With consistent profitability from day one, iScoot Motors has achieved an impressive PAT CAGR of ~124% since FY2023.
With two indigenous electric models, iScoot Motors strengthens Tier-2 and Tier-3 mobility under the Aatmanirbhar Bharat vision.
335+
Capacity:
72,000 → 1,20,000
Strong distribution network spread across 25+ states & UTs
P. A. Units (scalable in existing premises)
Key Metrics
₹ 417 Cr.
Market Cap
₹ 198
CMP
₹ 172 Cr.
Revenue (FY25)
85.75%
RoE
36.86%
RoCE
India’s EV Shift: Low-Speed Two-Wheelers Fueling Rapid Growth
High-Speed & Low-Speed EV Two-Wheelers: Parallel Growth Trends
Recording approximately 30% annual growth (CAGR) year-on-year.
Strategically Positioned in the Slow-Speed EV Segment.
- From selling around 3,000 units in FY22 to approximately 37,800 units by FY25, supported by a growing 330+ dealer network, iScoot Motors has demonstrated rapid and sustainable expansion.
- As one of the few profitable EV players with nearly 5% market share in the slow-speed electric two-wheeler segment, iScoot Motors represents volume-led, scalable growth in India’s fast-evolving electric mobility ecosystem.
Urban Market
Profitable EV Leader with ~5% Market Share Driving Scalable Growth.
Bharat Market
Low-Speed E-2W Market | Tier-2 & Tier-3 Focus | FY28E: 17.57 Lakh Units
- ISCOOT MOTERS aims to become a benchmark brand in India’s slow-speed electric two-wheeler segment by delivering reliable, high-quality vehicles with strong after-sales support—trusted by housewives, students, and senior citizens across Tier-2 and Tier-3 cities.
- Focused on accessible mobility and sustainable growth, ISCOOT MOTERS is driven by no-license, no-registration electric vehicles that deliver customer delight, promote economic inclusion, and contribute to a cleaner, greener future for India.
- To accelerate India’s transition to sustainable mobility by delivering reliable, high-quality slow-speed two- and three-wheeler electric vehicles, enabling easy and affordable adoption for every Indian household.
- Guided by the spirit of Aatmanirbhar Bharat, ISCOOT MOTERS is committed to strengthening domestic EV manufacturing, localizing supply chains, and generating employment, while delivering affordable innovation and expanding clean mobility access across India.
Powering India’s EV Self-Reliance
Building an Atmanirbhar EV Ecosystem | ISCOOT MOTERS
→ From Assembler to Manufacturer
ISCOOT MOTERS is building an Atmanirbhar EV supply chain — transitioning from a CKD assembler today to an India-first electric vehicle manufacturer for tomorrow.
→ Make in India Aligned Quality
ISCOOT MOTERS’ commitment to excellence aligns with the Make in India mission, ensuring world-class manufacturing standards and consistent product quality.
→ Manufacturing Infrastructure
State-of-the-art manufacturing facility spread across 24,458.01 sq. meters, enabling scalable and efficient EV production.
→ Human Resources Strength
Backed by 190+ skilled employees (as of 31 August 2025) driving innovation, quality, and operational excellence.
Dealer Network
Strategic Expansion
337+ Dealers | 3x Growth Since FY21 | Quarterly Expansion | Tier-2 & Tier-3 Focus
Partner Success Model
- Since FY21, our dealer network has grown over 3x — from 94 to 337+ partners. With quarterly onboarding programs and a sharp focus on Tier II and Tier III cities, we are rapidly expanding our footprint across India’s emerging EV markets.
Vision Forward
Targeting 500+ dealers by FY27
Presence planned across all major districts of India
Dealer-centric digital platforms for higher efficiency & partner empowerment
Dealer Network
Experienced Promoters with senior management backed by marketing team
Our experienced promoters and senior management are supported by a dynamic in-house sales and marketing team of 21 professionals (as of August 31, 2025), enabling consistent growth and strong partner relationships.
Geographically Diversified customer base
As of March 31, 2025, and for the financial years ended FY24, FY23, and FY22, the company’s top 10 geographical regions contributed 88.99%, 95.49%, 97.60%, and 100.00% respectively to total sales revenue, highlighting a strong and consistent market presence across key operating territories.
Proven track record of Financial Success
The company has delivered strong financial growth over the period. Revenue increased from ₹5,125.10 lakhs in FY23 to ₹17,218.94 lakhs in FY25. During the same period, EBITDA rose from ₹401.91 lakhs to ₹2,102.03 lakhs, with margins improving from 7.84% to 12.21%. Profit After Tax (PAT) also grew significantly from ₹305.53 lakhs to ₹1,600.85 lakhs, reflecting improved operational efficiency and profitability.
Bharat Focus (An Untapped Market)
The company is aggressively expanding across Tier II and Tier III towns in India, strengthening its footprint in high-growth, underserved markets. It is among the most recognized and trusted affordable EV brands in Northern and Eastern India. Dealer presence is strategically scaled every quarter to unlock new local markets and accelerate regional adoption of electric mobility.
Business Strategies
1. Expand Our Manufacturing Facility
The company is committed to strengthening its manufacturing capabilities. To support this growth, land has been acquired under a 10-year lease agreement dated February 13, 2025, enabling capacity expansion, operational scalability, and improved production efficiency.
2. Expansion of Our Geographical Footprint
The company aims to diversify its presence across new regions to reduce operational risks arising from dependence on limited markets. Geographic expansion will drive revenue stability and capture demand from emerging EV markets nationwide.
3. Scale Up Branding and Promotional Activities
The company plans to intensify its branding efforts through regular participation in national-level exhibitions, presence at international trade fairs, and the development of high-impact sales and promotional videos to enhance visibility and customer engagement.
Government Initiatives
The Government of India has reaffirmed its commitment to electric mobility, targeting 30% EV penetration by 2030 to accelerate sustainable transportation.
In the Union Budget, the government announced customs duty exemptions on the import of capital goods and machinery required for the manufacture of lithium-ion batteries, supporting domestic EV manufacturing and cost efficiency.
The FAME II (Faster Adoption and Manufacturing of Electric Vehicles in India) Scheme, commenced on April 1, 2019, was launched with a total outlay of US$ 1.43 billion (₹10,000 crore). Under the scheme, 30% of procurement of manufactured or processed products must be sourced from SMEs, strengthening the local supply ecosystem.
As of December 2023, EV manufacturers received subsidies of approximately US$ 637 million (₹5,294 crore) for the sale of 11,79,669 electric vehicles under Phase II of the FAME India Scheme.
Additionally, the Electric Mobility Promotion Scheme (EMPS) supports 3,72,215 EVs, comprising 3,33,387 electric two-wheelers and 38,828 electric three-wheelers (including 13,590 rickshaws and e-carts and 25,238 L5-category e-3Ws), with incentives available exclusively for advanced battery-equipped vehicles. These initiatives collectively create a favorable regulatory and financial environment for scalable EV adoption and manufacturing growth in India.