Narrative Update • Aug 06
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Indian (NIFTY) Motorcycle Manufacturers Industry Analysis
UpdatedAug 20, 2026
DataAggregated Company Financials
Companies13
- 7D-1.2%
- 3M17.6%
- 1Y32.7%
- YTDn/a
The Motorcycle Manufacturers industry has been flat over the last week, but Ather Energy has lost 8.4%. As for the the longer term, the industry is up 34% over the past 12 months. Earnings are forecast to grow by 16% 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, 20 Aug 2026 | ₹9.4t | ₹2.2t | ₹243.8b | 27.2x | 38.4x | 4.3x |
| Sat, 18 Jul 2026 | ₹8.4t | ₹2.0t | ₹227.7b | 27.2x | 36.9x | 4.2x |
| Mon, 15 Jun 2026 | ₹8.0t | ₹2.0t | ₹227.7b | 26.2x | 35.2x | 4x |
| Wed, 13 May 2026 | ₹8.1t | ₹2.0t | ₹221.0b | 27.3x | 36.7x | 4.1x |
| Fri, 10 Apr 2026 | ₹7.9t | ₹1.9t | ₹198.1b | 28.9x | 40.1x | 4.3x |
| Sun, 08 Mar 2026 | ₹8.1t | ₹1.9t | ₹198.1b | 28.3x | 41x | 4.4x |
| Tue, 03 Feb 2026 | ₹7.8t | ₹1.8t | ₹192.0b | 25.1x | 40.7x | 4.3x |
| Thu, 01 Jan 2026 | ₹8.0t | ₹1.8t | ₹183.7b | 26.6x | 43.6x | 4.6x |
| Sat, 29 Nov 2025 | ₹7.9t | ₹1.8t | ₹183.7b | 27.9x | 42.8x | 4.5x |
| Mon, 27 Oct 2025 | ₹7.8t | ₹1.7t | ₹167.4b | 33.7x | 46.3x | 4.6x |
| Wed, 24 Sep 2025 | ₹7.7t | ₹1.7t | ₹167.2b | 33x | 45.8x | 4.6x |
| Fri, 22 Aug 2025 | ₹7.0t | ₹1.7t | ₹167.2b | 31.9x | 42x | 4.2x |
| Sun, 20 Jul 2025 | ₹6.4t | ₹1.6t | ₹155.3b | 31.8x | 41.4x | 3.9x |
| Tue, 17 Jun 2025 | ₹6.4t | ₹1.7t | ₹156.0b | 31.8x | 41x | 3.9x |
| Thu, 15 May 2025 | ₹6.2t | ₹1.6t | ₹159.7b | 46.2x | 39x | 3.8x |
| Sat, 12 Apr 2025 | ₹5.8t | ₹1.6t | ₹163.2b | 46.7x | 35.6x | 3.6x |
| Mon, 10 Mar 2025 | ₹5.6t | ₹1.6t | ₹163.2b | 43.8x | 34.5x | 3.5x |
| Wed, 05 Feb 2025 | ₹6.4t | ₹1.6t | ₹163.2b | 49.3x | 39.5x | 4x |
| Fri, 03 Jan 2025 | ₹6.4t | ₹1.6t | ₹160.6b | 34.4x | 40.1x | 4.1x |
| Sun, 01 Dec 2024 | ₹6.4t | ₹1.6t | ₹160.6b | 34.2x | 39.7x | 4.1x |
| Tue, 29 Oct 2024 | ₹6.6t | ₹1.6t | ₹159.0b | 37.9x | 41.6x | 4.3x |
| Thu, 26 Sep 2024 | ₹7.9t | ₹1.5t | ₹163.6b | 43.3x | 48.2x | 5.2x |
| Sat, 24 Aug 2024 | ₹7.2t | ₹1.5t | ₹163.6b | 36.4x | 44.2x | 4.8x |
| Mon, 22 Jul 2024 | ₹6.2t | ₹1.4t | ₹174.6b | 50.5x | 35.6x | 4.4x |
| Wed, 19 Jun 2024 | ₹6.5t | ₹1.4t | ₹171.6b | 52.7x | 37.7x | 4.6x |
| Fri, 17 May 2024 | ₹5.8t | ₹1.4t | ₹171.6b | 46x | 33.9x | 4.1x |
| Sun, 14 Apr 2024 | ₹5.6t | ₹1.3t | ₹165.1b | 46.8x | 33.9x | 4.2x |
| Tue, 12 Mar 2024 | ₹5.5t | ₹1.3t | ₹165.1b | 49.5x | 33.5x | 4.1x |
| Thu, 08 Feb 2024 | ₹5.2t | ₹1.3t | ₹158.8b | 45x | 32.9x | 4x |
| Sat, 06 Jan 2024 | ₹4.8t | ₹1.3t | ₹151.4b | 47.1x | 31.7x | 3.8x |
| Mon, 04 Dec 2023 | ₹4.5t | ₹1.3t | ₹151.4b | 46x | 29.5x | 3.5x |
| Wed, 01 Nov 2023 | ₹3.8t | ₹1.3t | ₹144.4b | 28x | 26.4x | 3x |
| Fri, 29 Sep 2023 | ₹3.8t | ₹1.2t | ₹143.4b | 36.7x | 26.5x | 3.1x |
| Sun, 27 Aug 2023 | ₹3.5t | ₹1.2t | ₹143.4b | 33.1x | 24.6x | 2.9x |
Price to Earnings Ratio
24.6x
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 37.5x.
- The industry is trading close to its 3-year average PS ratio of 4.1x.
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 20% 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 | -1.00% | |
| Consumer Discretionary | -0.24% | |
| Auto | -1.37% | |
| Motorcycle Manufacturers | -1.17% | |
| Automobile Manufacturers | -1.54% | |
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 | |
|---|---|---|---|---|---|
| 532343 TVS Motor | ₹4.36k | 0.4% +₹9.1b | 35.0% | PE60.5x | |
| 544563 Zelio E-Mobility | ₹832.10 | 10.4% +₹1.7b | n/a | PE62x |