EV Company Launches Yellow EV Mobile App; Secures Confirm Orders for 1400+ Electric Two Wheelers

On Thursday, the shares of A-1 Limited hit a 5 per cent Upper Circuit to Rs 24.04 per share from its previous closing of Rs 22.90 per share. The company has a market cap of Rs 1,106 crore and the stock has given multibagger returns of 121 per cent from its 52-week low of Rs 10.88 per share.

 A-1 Limited has achieved a major milestone in its electric mobility transition through its associate, A-1 Sureja Industries, which recently launched the "Yellow EV" mobile application. This digital platform is designed to streamline onboarding, service coordination and workflow management for its electric two-wheeler operations. Accompanying this tech launch, the company secured two significant purchase orders totalling over 1,400 low-speed electric vehicles from Zipnova Enterprise LLP and Aayushman Engineering. These orders validate the market demand for the company’s "Made in India" approach and provide strong revenue visibility for its expanding EV business.

To solidify its commitment to sustainable transport, A-1 Limited's board has approved increasing its stake in A-1 Sureja Industries from 45 per cent to 51 per cent, officially making it a subsidiary. This strategic move, valued at an enterprise value of Rs 100 crore, allows the company to transition from a legacy industrial-acid trading firm into a diversified green enterprise. The subsidiary, which operates under the "Hurry-E" brand, is poised for rapid growth with a projected CAGR of over 250 per cent as it moves from the R&D phase to full commercial rollout across EV manufacturing and smart charging infrastructure.

Financially, the company has reported a steady performance for the nine months of FY26, with revenue reaching Rs 197.6 crore and a net profit of Rs 1.62 crore. For the specific quarter ended December 2025, the company recorded a net profit of Rs 96 lakh on a revenue of Rs 69.80 crore. This growth trajectory is further supported by institutional interest, highlighted by the Mauritius-based Minerva Ventures Fund acquiring equity shares worth Rs 11 crore from the open market in late 2025, signalling strong investor confidence in the company's ESG-led transformation.

In a move to reward its stakeholders and enhance market liquidity, the company has executed significant corporate actions following approval via a postal ballot. This includes a 3:1 bonus issue, granting three bonus equity shares for every one share held and a 10:1 stock split, which subdivided equity shares from a face value of Rs 10 each to Rs 1 each. To accommodate these changes and future growth requirements, the company’s authorised share capital was significantly increased to Rs 46 crore from the previous limit of Rs 20 crore.

Looking ahead, A-1 Limited aims to evolve into a multi-vertical green leader by 2028, integrating its low-emission chemical operations with clean mobility solutions. By leveraging its five-decade industrial legacy, the company is building a scalable assembly and distribution network aimed at the affordable electric mobility segment. This strategic pivot not only diversifies its revenue streams but also positions the firm as a future-ready Mid-Cap leader with a focus on high-growth, technology-driven sectors.

Disclaimer: The article is for informational purposes only and not investment advice.