Analysis Article • May 14
Have your own idea? Try our Stock Screener
Indian (NIFTY) Motorcycle Manufacturers Industry Analysis
UpdatedMay 21, 2026
DataAggregated Company Financials
Companies13
- 7D-0.9%
- 3M-3.4%
- 1Y22.9%
- YTDn/a
The Motorcycle Manufacturers industry has been flat over the last week, but TVS Motor has lost 4.6%. The past year has been better, since the industry has gained 23% in that time. Looking forward, earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Indian Motorcycle Manufacturers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 May 2026 | ₹7.9t | ₹2.0t | ₹222.5b | 26.4x | 35.7x | 4x |
| Sat, 18 Apr 2026 | ₹8.1t | ₹1.9t | ₹198.1b | 32.4x | 40.7x | 4.3x |
| Mon, 16 Mar 2026 | ₹7.3t | ₹1.9t | ₹198.1b | 26.4x | 37.1x | 4x |
| Wed, 11 Feb 2026 | ₹8.1t | ₹1.9t | ₹194.8b | 24.2x | 41.6x | 4.4x |
| Fri, 09 Jan 2026 | ₹8.2t | ₹1.8t | ₹183.7b | 27.5x | 44.8x | 4.7x |
| Sun, 07 Dec 2025 | ₹8.0t | ₹1.8t | ₹183.7b | 28.2x | 43.4x | 4.5x |
| Tue, 04 Nov 2025 | ₹7.7t | ₹1.7t | ₹169.8b | 36.3x | 45.4x | 4.5x |
| Thu, 02 Oct 2025 | ₹7.5t | ₹1.7t | ₹167.2b | 31.7x | 45.1x | 4.5x |
| Sat, 30 Aug 2025 | ₹7.1t | ₹1.7t | ₹167.2b | 31.7x | 42.4x | 4.3x |
| Mon, 28 Jul 2025 | ₹6.2t | ₹1.6t | ₹155.3b | 30.8x | 40.1x | 3.8x |
| Wed, 25 Jun 2025 | ₹6.4t | ₹1.7t | ₹156.0b | 32.3x | 41.1x | 3.9x |
| Fri, 23 May 2025 | ₹6.5t | ₹1.7t | ₹162.6b | 46.4x | 39.8x | 3.9x |
| Sun, 20 Apr 2025 | ₹6.1t | ₹1.6t | ₹163.2b | 49.7x | 37.2x | 3.8x |
| Tue, 18 Mar 2025 | ₹5.5t | ₹1.6t | ₹163.2b | 42.8x | 33.6x | 3.4x |
| Thu, 13 Feb 2025 | ₹6.1t | ₹1.6t | ₹163.2b | 46.1x | 37.1x | 3.8x |
| Sat, 11 Jan 2025 | ₹6.1t | ₹1.6t | ₹160.6b | 33.2x | 37.9x | 3.9x |
| Mon, 09 Dec 2024 | ₹6.5t | ₹1.6t | ₹160.6b | 34.5x | 40.2x | 4.1x |
| Wed, 06 Nov 2024 | ₹6.6t | ₹1.6t | ₹159.0b | 37.4x | 41.4x | 4.2x |
| Fri, 04 Oct 2024 | ₹7.5t | ₹1.5t | ₹163.6b | 41.3x | 45.9x | 5x |
| Sun, 01 Sep 2024 | ₹7.4t | ₹1.5t | ₹163.6b | 38.1x | 45.1x | 4.9x |
| Tue, 30 Jul 2024 | ₹6.3t | ₹1.4t | ₹174.7b | 34x | 36.3x | 4.5x |
| Thu, 27 Jun 2024 | ₹6.3t | ₹1.4t | ₹171.6b | 50.6x | 36.6x | 4.5x |
| Sat, 25 May 2024 | ₹5.9t | ₹1.4t | ₹171.6b | 48.2x | 34.7x | 4.2x |
| Mon, 22 Apr 2024 | ₹5.4t | ₹1.4t | ₹168.1b | 43.5x | 32.2x | 4x |
| Wed, 20 Mar 2024 | ₹5.4t | ₹1.3t | ₹165.1b | 46.2x | 32.5x | 4x |
| Fri, 16 Feb 2024 | ₹5.4t | ₹1.3t | ₹165.1b | 45.9x | 32.5x | 4x |
| Sun, 14 Jan 2024 | ₹5.0t | ₹1.3t | ₹151.4b | 49.1x | 33.2x | 4x |
| Tue, 12 Dec 2023 | ₹4.5t | ₹1.3t | ₹151.4b | 46.9x | 29.9x | 3.6x |
| Thu, 09 Nov 2023 | ₹3.9t | ₹1.3t | ₹147.7b | 41.9x | 26.7x | 3.1x |
| Sat, 07 Oct 2023 | ₹3.7t | ₹1.2t | ₹141.4b | 29.3x | 26.3x | 3x |
| Mon, 04 Sep 2023 | ₹3.6t | ₹1.2t | ₹143.4b | 35.7x | 25.4x | 2.9x |
| Wed, 02 Aug 2023 | ₹3.7t | ₹1.2t | ₹139.3b | 38.4x | 26.5x | 3x |
| Fri, 30 Jun 2023 | ₹3.6t | ₹1.2t | ₹133.2b | 40.4x | 26.9x | 3x |
| Sun, 28 May 2023 | ₹3.6t | ₹1.2t | ₹133.4b | 32.1x | 26.7x | 3x |
Price to Earnings Ratio
26.7x
Current Industry PE
- Investors are relatively neutral on the Indian Motorcycle Manufacturers industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 36.7x.
- The industry is trading close to its 3-year average PS ratio of 4.0x.
Past Earnings Growth
- The earnings for companies in the Motorcycle Manufacturers industry have grown 19% per year over the last three years.
- Revenues for these companies have grown 19% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Motorcycle Manufacturers compare with similar industries?
| IN Market | 0.53% | |
| Consumer Discretionary | -0.04% | |
| Auto | -0.29% | |
| Motorcycle Manufacturers | -0.88% | |
| Automobile Manufacturers | 0.16% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BAJAJ-AUTO Bajaj Auto | ₹10.67k | 2.1% +₹60.4b | 22.1% | PE27.7x | |
| 544563 Zelio E-Mobility | ₹461.50 | 2.6% +₹251.7m | n/a | PE46.8x | |
| VICTORYEV Victory Electric Vehicles International | ₹16.10 | 3.9% +₹14.5m | n/a | PE7.7x | |
| 544428 Supertech EV | ₹47.57 | 1.2% +₹7.0m | n/a | PE8.9x |