Cemtrex vs Electrovaya
Cemtrex is the larger business, with $76.5m of revenue in fiscal 2025 against $63.8m for Electrovaya (1.2 times as much). Electrovaya grew faster (43.1% against 14.4%). Electrovaya kept more of each dollar of sales as profit: a net margin of 5.3% against -36.8%. Electrovaya carries less debt relative to equity (0.1% against 191.4%).
| Latest fiscal year | CemtrexCETX, 2025 | ElectrovayaELVA, 2025 |
|---|---|---|
| Revenue | $76.5m | $63.8m |
| Revenue growth | 14.4% | 43.1% |
| Net income | −$28.1m | $3.4m |
| Operating margin | 0.7% | — |
| Net margin | -36.8% | 5.3% |
| Return on equity | — | 16.9% |
| Free cash flow | −$1.8m | — |
| Cash | $5.0m | — |
| Total debt | $16.7m | $23,000 |
| Debt to equity | 191.4% | 0.1% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 240 | — |
| Market value | $1.5m | $221m |
| Price vs our value range | — | — |
| Moat score | 34 (Weak) | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |