S.No. Name CMP Rs. Sales Rs.Cr.

Trade Payables
receivables Rs.Cr.
Rs.Cr.
1 Maruti Suzuki 12,537.25 152,913.00 6,539.70 20,501.50
2 M&M 3,058.20 159,210.82 8,279.70 30,855.30
3 Tata Motors 716.50 443,059.00 13,685.00 84,654.00
4 Bajaj Auto 7,977.00 49,903.18 2,818.56 6,938.84
5 Eicher Motors 5,498.60 17,885.28 313.35 2,264.95
6 Hyundai Motor I 1,761.10 68,538.61 2,264.82 7,014.25
7 TVS Motor Co. 2,747.90 44,089.01 1,716.75 7,561.26
8 Hero Motocorp 3,933.25 40,570.29 4,116.09 7,210.17
9 Ashok Leyland 228.50 47,444.86 3,941.37 5,978.46
10 Escorts Kubota 3,366.60 10,243.88 1,331.84 1,639.89
11 Ola Electric 49.42 5,501.00 173.00 1,283.00
12 Force Motors 10,706.50 8,071.73 174.34 783.59
13 Ather Energy 310.90 1,753.80 1.60 402.70
14 Olectra Greentec 1,185.15 1,641.79 739.36 640.37
15 VST Till. Tract. 3,619.15 966.56 220.17 78.23
16 SML ISUZU 1,562.40 2,307.21 132.55 226.78
17 Atul Auto 475.00 722.70 52.84 67.03
18 Mercury EV-Tech 62.59 64.52 31.94 26.75
19 Urja Global 14.80 63.09 15.39 4.79
20 Indo Farm Equip. 147.00 360.38 115.70 30.00
21 Hindustan Motors 25.92 4.13 - 2.92
22 Wardwizard Inno. 19.91 302.41 155.72 61.76
23 Tunwal E-Motors 30.75 104.60 4.62 33.83
24 Delta Auto. 69.05 62.83 2.82 7.20
25 Bikewo Green 16.20 24.92 3.00 2.57
 Liquidity Ratio
Inven OP 12M Rs.Cr.
NP Qtr Quick Current Debt Rs.Cr. Asset
Turnover Rs.Cr. (1:1) (>2) Turnover
Ratio Rat ratio Ratio
17.58 20,156.30 3,911.10 0.74 0.97 87.00 1.24
4.92 30,518.19 3,541.85 1.18 1.40 124,949.31 0.62
6.21 58,122.00 5,578.00 0.63 0.94 106,549.00 1.18
19.70 9,478.76 2,195.65 1.36 1.52 5,245.29 1.20
6.75 4,582.98 1,170.50 1.05 1.52 403.86 0.75
15.41 8,969.22 1,124.09 1.10 1.44 1,057.85 2.46
11.46 6,574.60 697.51 1.02 1.12 14,676.03 0.98
14.59 5,591.93 1,108.38 1.42 1.64 588.07 1.50
7.93 8,847.04 819.67 0.95 1.15 44,297.77 0.75
5.54 1,164.19 318.42 2.31 2.87 105.18 0.84
6.91 (1,356.00) (564.00) 1.98 2.19 3,355.00 0.75
5.07 1,092.72 434.74 0.81 1.50 17.43 1.69
8.77 (684.70) 0.76 0.87 478.50 1.12
4.65 238.53 46.62 1.27 1.58 186.72 0.73
5.86 110.55 1.70 4.75 5.55 8.53 0.82
3.41 215.31 0.53 0.34 1.13 291.12 2.04
6.32 52.30 5.89 1.20 1.80 109.69 1.08
2.27 9.37 4.28 2.16 2.46 74.56 0.19
1.17 1.29 0.53 0.99 1.73 6.27 0.16
1.38 63.10 3.98 0.83 1.54 248.67 0.57
(0.36) 3.34 1.54 1.54 - 0.08
2.70 36.92 6.49 0.88 1.10 198.86 0.86
1.94 17.83 5.38 0.83 2.09 37.25 1.58
9.25 1.08 2.47 3.87
2.25 2.85 0.65 2.39 3.26 7.53 0.97
2.68
ROA % ROE % ROIC % EPS 12M Rs. Reserves Dividend Ind PE
(>6) (>15) (>10) Rs.Cr. Payout %
11.73 15.95 45.24 461.20 96,082.70 29.27 26.56
5.49 18.05 17.66 103.97 76,480.71 21.84 26.56
9.26 49.44 28.08 93.01 100,326.00 7.32 23.33
20.74 26.48 472.12 269.84 30,699.69 28.97 28.48
18.92 24.23 117.67 162.14 18,952.14 34.90 45.09
19.90 39.58 59.01 12,254.72 181.09 26.56
5.22 28.88 14.97 47.06 8,455.87 21.25 45.09
15.06 21.95 68.31 207.65 18,970.51 74.73 45.09
4.42 28.35 19.80 9.64 10,017.93 58.52 23.33
9.24 11.52 17.31 113.06 10,254.92 24.77 31.10
(24.01) (38.33) (5.98) 2,162.00 - 45.09
11.46 20.68 18.53 607.71 3,020.25 6.58 23.33
(45.52) (152.89) (127.51) (92,469.46) 545.10 - 28.48
5.00 8.77 11.29 16.03 948.92 4.27 23.33
10.48 13.53 24.70 121.07 967.06 14.22 31.10
9.94 46.08 18.76 83.64 316.02 21.48 23.33
2.75 4.26 6.10 7.79 427.08 - 28.48
1.75 3.05 2.35 0.36 62.03 - 26.56
0.72 1.18 3.70 0.03 121.16 - 45.09
2.62 5.47 6.89 4.15 307.71 - 31.10
1.53 16.74 2.76 1.55 (75.15) - 26.56
1.94 6.50 7.34 0.26 80.39 - 45.09
17.79 82.16 28.08 2.85 81.24 - 45.09
29.80 221.93 17.47 - 28.48
6.53 13.92 12.89 1.82 25.94 - 45.09
14.50
P/E Chg in FII Hold
Chg%in DII Hold
Mar%Cap
Rs.Cr.
27.32 -0.51 0.67 394,174.32
29.75 -0.62 0.55 380,295.96
8.32 -0.82 0.34 263,768.71 Company is reducing debt and CAGR is 93.10%,Revenue increa
29.80 -0.84 0.94 222,763.74
34.04 -0.4 0.44 150,751.88
23.88 0.47 -0.13 143,096.57
59.39 0.28 -0.26 130,549.17
19.11 -0.52 0.19 78,669.27
24.27 -0.59 1.02 67,099.56 Q3 FY25 net profit increased by 31%. Saathi Mini truck
33.92 -0.68 1.14 37,664.72 setting up a large plant in Rajasthan to double tractor cap
0.78 -1.62 21,798.29
25.90 0.21 0.53 14,107.14
11,579.76
74.59 -0.31 0.14 9,727.78 technology partnership with BYD Auto Industry Co,engag
30.04 -0.2 0.25 3,128.16
18.73 -0.08 0.04 2,260.78
71.97 0.06 0 1,318.23
180.99 0.23 0 1,189.04
488.35 -0.01 0 777.69
42.49 -1.11 -3.42 706.34
16.48 0.09 0 540.88
76.44 0 0 519.05
14.50 -0.02 0 170.05 Good ROE,Holdings of Promoters have increased, Reducing Po
15.81 105.58
12.88 -0.31 0.35 21.13
R is 93.10%,Revenue increased by 2.7%

31%. Saathi Mini truck

han to double tractor capacity, 950cr order from Railways(Vande Bharat), Futuristic on Tractor business(RnD with Japan)

D Auto Industry Co,engages domestic suppliers to localize certain components, excluding batteries,Greenfield EV plant on 150 a

ave increased, Reducing Polluction

ness(RnD with Japan)

Greenfield EV plant on 150 acres aiming to double its production, profit growth 46.6% CAGR
 FADA Report

Two Wheeler APR'25 APR'24 ThreeWheeler

Petrol 94.34% 96.02% Petrol
EV 5.44% 3.97% Diesel
CNG/ LPG 0.22% 0.00% EV
Total 100% 100% CNG/ LPG
Total

Commercial Vehicle APR'25 APR'24 Tractor

Petrol 3.64% 5.31% Petrol
Diesel 84.73% 85.10% Diesel
EV 0.99% 0.56% EV
CNG/ LPG 10.58% 8.98% Total
Hybrid 0.05% 0.05%
Hydrogen 0.00% 0.01%
Total 100% 100%
APR'25 APR'24
62.68% 54.49%
10.92% 12.21%
62.68% 52.49%
25.92% 34.17%
100% 100%

APR'25 APR'24
0.01% 0.02%
99.98% 99.97%
0.01% 0.01%
100% 100%