Market cap
$6 Mln
Revenue (TTM)
$5 Mln
P/E Ratio
--
P/B Ratio
7.1
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -41.03 | -62.37 | -61.39 | -36.27 | -18.92 |
| EBIT | -7,062.50 | -1,571.00 | -28.95 | -0.20 | 9.06 |
| Net Profit | -928.65 | -575.65 | -110.10 | -37.22 | 2.62 |
| EPS | -861.40 | -355.93 | -91.09 | -283.68 | -210.23 |
| Book Value | -- | -- | -98.41 | -66.29 | -44.44 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| -67.15 | -48.78 | -109.72 | -133.45 | -28.83 |
| Net Margin
| -- | -- | -207.92 | -- | -- |
| Return on equity
| -98.62 | -68.26 | -1,919.28 | -211.02 | -43.10 |
| Return on Capital
| -47.99 | -36.90 | -- | -86.42 | -25.87 |
| Return on Assets
| -37.87 | -29.93 | -41.52 | -65.28 | -21.85 |
| Debt to Equity (x)
| -- | -- | 0.00 | 38.62 | 0.81 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
--
|
-86.42
|
-25.87
|
-31.69
|
-24.60
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-1,919.28
Lower than Peers by 1,933.84
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
-1,919.28
|
-211.02
|
-43.10
|
-41.75
|
-26.92
|
|
Peer Median
|
14.56
|
--
|
--
|
--
|
--
|
ROA
-41.52
Lower than Peers by 46.96
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
-41.52
|
-65.28
|
-21.85
|
-26.48
|
-21.71
|
|
Peer Median
|
5.44
|
--
|
--
|
--
|
--
|
EBIT Margin
-109.72
Lower than Peers by 121.81
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
-109.72
|
-133.45
|
-28.83
|
-39.16
|
-34.42
|
|
Peer Median
|
12.10
|
--
|
--
|
--
|
--
|
Net Margin
-207.92
Lower than Peers by 216.51
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
-207.92
|
-144.88
|
-33.48
|
-42.82
|
-34.73
|
|
Peer Median
|
8.59
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-61.39
Lower than Peers by 65.09
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
-61.39
|
-0.55
|
-0.09
|
-0.05
|
-0.05
|
|
Peer Median
|
3.70
|
--
|
--
|
--
|
--
|
EBIT Growth
-28.95
Lower than Peers by 32.95
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
-28.95
|
-108.86
|
32.74
|
-8.38
|
-308.12
|
|
Peer Median
|
4.00
|
--
|
--
|
--
|
--
|
Net Profit Growth
-110.10
Lower than Peers by 117.66
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
-110.10
|
-95.27
|
28.57
|
-17.41
|
-73.31
|
|
Peer Median
|
7.56
|
--
|
--
|
--
|
--
|
EPS Growth
-91.09
Lower than Peers by 101.23
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
-91.09
|
-0.83
|
0.29
|
-5.06
|
-0.71
|
|
Peer Median
|
10.14
|
--
|
--
|
--
|
--
|
Book Value Growth
-91.72
Lower than Peers by 101.14
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
-91.72
|
--
|
--
|
--
|
--
|
|
Peer Median
|
9.42
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
--
|
38.62
|
0.81
|
0.57
|
0.13
|
|
Peer Median
|
0.46
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
4.60
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
4.60
|
38.62
|
0.76
|
0.43
|
0.13
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.34
Lower than Peers by 0.71
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
1.34
|
0.97
|
1.82
|
2.15
|
3.92
|
|
Peer Median
|
2.05
|
--
|
--
|
--
|
--
|
Quick Ratio
0.11
Lower than Peers by 1.18
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
0.11
|
0.06
|
0.32
|
0.54
|
1.32
|
|
Peer Median
|
1.29
|
--
|
--
|
--
|
--
|
Interest Coverage
-8.29
Lower than Peers by 16.93
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
-8.29
|
-11.68
|
-6.21
|
-10.71
|
-95.28
|
|
Peer Median
|
8.64
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
12.25
Lower than Peers by 5.22
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
12.25
|
5.23
|
15.41
|
29.18
|
31.25
|
|
Peer Median
|
17.47
|
--
|
--
|
--
|
--
|
Asset Turnover
0.20
Lower than Peers by 0.43
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
0.20
|
0.45
|
0.65
|
0.62
|
0.63
|
|
Peer Median
|
0.63
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
--
|
71.93
|
86.49
|
113.21
|
137.03
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
--
|
430.85
|
424.46
|
400.10
|
320.88
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
--
|
56.25
|
31.31
|
24.92
|
7.31
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
--
|
446.53
|
479.63
|
488.39
|
450.59
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
--
|
-0.49
|
-1.72
|
-0.16
|
-3.00
|
|
Peer Median
|
39.93
|
--
|
--
|
--
|
--
|
Price / Book Value
7.08
Higher than Peers by 2.47
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
7.08
|
31.05
|
0.94
|
0.08
|
0.92
|
|
Peer Median
|
4.61
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.47
|
--
|
--
|
--
|
--
|
EV/EBITDA
-4.27
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
-4.27
|
-1.18
|
-3.74
|
-1.43
|
-3.77
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
6
Lower than Peers by 1,214
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polar Power (POLA)
|
6
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1,220
|
--
|
--
|
--
|
--
|