Kinetic Watts & Volts commences deliveries, Strong Bookings Drive Accelerated Nationwide Expansion

Kinetic Engineering Limited (BSE: 500240), one of India's most trusted mobility engineering and component manufacturing companies, today announced its quarterly results after the Board Meeting. The company highlighted significant progress at its electric vehicle arm, Kinetic Watts & Volts Ltd. (KWV), a subsidiary company. It reported achieving the milestone of receiving the ARAI homologation certificate & completion of testing. KWV also confirmed the inauguration of its first showroom on 16th October 2025. Deliveries of the Kinetic DX will commence at the end of November 2025, following an overwhelming market response and strong bookings within few month of the launch. This milestone reaffirms the enduring strength of the Kinetic brand in electric mobility.

KWV announced that it has issued over 50 Letters of Intent (LOIs) in key cities, including Pune, Mumbai, Baroda, Surat, Indore, Bhopal, Jabalpur, Delhi, Gurgaon, Jaipur, Lucknow, Hyderabad, Bhubaneswar and Cuttack, amongst others. The company has already achieved its network expansion target for the year and plans to open all these dealerships by the end of March. By that time, it aims to ramp up production and sales to achieve a cumulative target of 5,000 units, amounting to approximately ₹50 crores in revenue. Furthermore, KWV intends to sell a minimum of 60,000 units in the next fiscal year, setting an ambitious top-line target of ₹600 crores from the subsidiary alone, as its electric vehicle portfolio scales up. The company also aims to establish a nationwide network of 200 dealerships by FY 2026-27, targeting the southern region in the next phase.

Adding his perspective, Mr. Ajinkya Firodia, Vice Chairman, Kinetic India, said: "This quarter marks a significant step forward in our journey. The response to KWV has been exceptional, with bookings far exceeding projections, a reflection of the deep trust in the Kinetic brand and the proven reliability of our products. The Kinetic DX is quickly emerging as the preferred everyday scooter for Indian families, offering segment-leading convenience through features like Easy Key, Easy Charge, and Easy Flip. Its robust metal body, practical real-world range, class-leading 37-litre storage and low maintenance make it a truly dependable companion for daily mobility."

On the auto component manufacturing front, Kinetic Engineering Limited has recently inaugurated its stateof-the-art robotic chassis line, further strengthening its precision manufacturing capabilities. The company has also revamped its paint shop and added new metal pressing facilities, enabling higher throughput and enhanced quality standards. KEL is currently producing chassis for the E-Luna and the Kinetic DX EV, underscoring its strong backward integration with the group's electric mobility initiatives.

KEL also confirmed that it is in advanced discussions with several existing and new customers in the auto component sector, which are expected to further propel its B2B business in the coming months. With a profitable financial base, a strong demand outlook, and an expanding EV distribution footprint, Kinetic Engineering Limited is well-positioned to deliver sustainable growth and long-term value to its customers, partners, and shareholders.

Shares of KINETIC ENGINEERING LTD. was last trading in BSE at Rs. 285.70 as compared to the previous close of Rs. 281.40. The total number of shares traded during the day was 12280 in over 123 trades.

The stock hit an intraday high of Rs. 295.90 and intraday low of 280.10. The net turnover during the day was Rs. 3507782.00.

Source : Equity Bulls

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