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Battery Smart-logo
Battery Smart
Battery Smart-logoBattery Smart-logo
Battery Smart

Battery Smart - Financials, Revenue, P&L Statement, Balance Sheet, Cash Flow & More

Private
Upgrid Solutions Private Limited
Private
Upgrid Solutions Private Limited
2019
2019

Founded in 2019, Battery Smart is a battery swapping company. The soonicorn offers a network of battery swapping stations that allow two-wheeler and three-wheeler EV users to swap depleted batteries w...

Funding stage:

Debt

Last funding:

27/04/2026

Total funding:

$228.09 Mn+

Revenue:

₹217.5 Cr+ (FY24)
Prev. FY

Investors

Employee count:

1,059

Last 90d

1,059

Last 90d

Web traffic:

16.75K

16.75K

Last 30d

Last 30d

Glassdoor Rating:

Battery Smart: Financial Breakdown

Decoding financial health metrics of Battery Smart

  • total_revenue_logo
    Total Revenue
    ₹217.5 Cr
    221%

    Prev. FY

  • total_expenses_logo
    Total Expenses
    ₹337.9 Cr
    157%

    Prev. FY

  • profit_after_tax_logo
    Profit After Tax
    ₹-120.3 Cr
    -89%

    Prev. FY

  • total_assets_logo
    Total Assets
    ₹344.1 Cr
    -6%

    Prev. FY

  • net_profit_margin_logo
    Net Profit Margin
    -55.3%
    41%

    Prev. FY

Note: Above mentioned stats are for FY23-24

FAQs on Financials of Battery Smart

No. In FY25, Battery Smart reported a net loss of ₹272.7 Cr, so it was not profitable.

Battery Smart's revenue grew 49.3% year-on-year, from ₹186.8 Cr in FY24 to ₹278.8 Cr in FY25.

Battery Smart's estimated EBITDA for FY25 was ₹-26.2 Cr, derived from its profit before tax, finance costs, and depreciation & amortisation.

In FY25, Battery Smart posted revenue of ₹278.8 Cr (up 49.3% YoY) and a net loss of ₹272.7 Cr. Explore the full financials of Battery Smart here...

Disclaimer

Inc42 Datalabs consolidates intelligence from public records, statutory filings, proprietary research, and vetted third‑party datasets. All information is provided as is—please run your own checks before acting on it. Inc42 Datalabs bears no responsibility for decisions or outcomes based on this data.

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