List of Top Bike Company in India | Detailed View

Here is the List of the Top Bike Company Listed In India based on Market Capitalization in 2020

  • Bajaj Auto Ltd
  • Hero Motocorp Ltd
  • Eicher Motors Ltd
  • TVS Motors Company Ltd
  • Honda Motorcycle and Scooter India Pvt. Ltd
  • Yamaha Motors Pvt Ltd
  • Suzuki Motorcycle
  • Piaggio India

List of Top Bike Company in India

#1. Bajaj Auto Ltd

Bajaj Auto Limited is India’s No. 1 bike company in India listed on BSE and NSE with a market cap of Rs. 80,514 crore in 2020

IndustryAutomotive
FoundedNovember 29, 1945; 74 years ago
Founderjamnalal bajaj
Chairman Rahul Bajaj
MDRajiv Bajaj

In the 1970s and 1980s, Bajaj Auto Ltd dominated the two-wheeler market with its powerful brand “Chetak Scooters”.

In 2001, Bajaj Auto launched the iconic Pulsar, and with that, it transformed from being a domestic scooter manufacturer to a global motorcycle powerhouse.

DOMESTIC MARKET

In the domestic market, the company is present in three segments

  • Entry-level segment : Major brand CT 100 and Platina
  • Sports segments : It is the dominating leader in the sports segment with their Pulsar and Avengers brand.
  • Super-Sport segmet : Major brand KTMs, the Pulsar RS200 and the Dominar 400

Bajaj Auto Ltd has a market share of 18.7% in the domestic motorcycle market.

EXPORT MARKET

The company is present in 79 countries and it is either ranked No.1 or No.2 in 21 countries.

The Company’s market share in total exports of motorcycles is 59.6% in India

It is India’s No.1 motorcycle exporter — with two out of three bikes carrying a Bajaj badge.

BUSINESS SEGMENTS

‘The Company’ is engaged in the business of development, manufacturing, and distribution of automobiles such as motorcycles, commercial vehicles, etc. and parts thereof.

REVENUE BREAK-UP BY BUSINESS SEGMENTS

Bajaj Auto Ltd-bike company in india revenue bfreak-up by business segments

REVENUE BREAK-UP BY DOMESTIC & EXPORT(%)

BAJAJ AUTO LTD REVENUE BREAK-UP BY DOMESTIC & EXPORT(%)

BONUS SHARE ISSUE HISTORY

DateBonus Ratio
22-07-20101:1

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  80,506 Cr.
  • Current Price:  2,782
  • 52 weeks High / Low  3315.15 / 1788.65
  • Book Value:  748.60
  • Stock P/E: 15.45
  • Dividend Yield: 4.31 %
  • ROCE: 29.93 %
  • ROE: 21.31 %
  • Sales Growth (3Yrs): 10.25 %

PAST PERFORMANCE OF BAJAJ AUTO LTD IN LAST 10 YEARS

Year20102020CAGR
Growth
(%)
Sales11,52529,91910.01%
Profits1,5975,21212.56%
Share Price939271911.22%

#2. Hero Moto Corp Ltd

Hero Motocorp is the Second Largest Bike company in India listed on BSE and NSE in India with a market cap of Rs 46,140 Cr in 2020.

IndustryAutomotive
Founded19 January 1984; 36 years ago
FounderBrijmohan Lall Munjal
Chairman & MDDr. Pawan Munjal

It is the world’s largest two-wheeler manufacturer for 19 consecutive years.

In the domestic two-wheeler market, Hero MotoCorp maintained an overall market share of 35.7%, within which, in the motorcycle segment, the market share stood at an impressive 51.9%.

It has sold over 90 million motorcycles and scooters in cumulative sales so far

It recorded its highest-ever annual domestic sales of 7.61 million units during the fiscal year 2019-2020, which is 2 million units more than the nearest competitor.

It is manufacturing a New Product EVERY TWO SECONDS

BRAND MILESTONE

  • Splendor continued to be the Number 1 motorcycle brand made in India and entered the exclusive 3 million units-in-a-year club
  • HF Deluxe crossed 2 million units-in-a-year milestone
  • Destini 125 became the fastest-growing 125cc scooter giving it ~20% market share in the aforementioned segment Despite operating in a highly competitive.

BUSINESS SEGMENTS

The company mainly present in motorised two-wheelers upto 350cc engine capacity and parts thereof

REVENUE BREAK-UP BY DOMESTIC & EXPORT(%)

BONUS SHARE ISSUE HISTORY

DateBonus Ratio
04-08-19981:1
27-10-19941:4

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  46,140 Cr.
  • Current Price:  2,310
  • 52 weeks High / Low  3022.90 / 1475.00
  • Book Value:  721.25
  • Stock P/E: 14.44
  • Dividend Yield: 3.90 %
  • ROCE: 39.04 %
  • ROE: 26.70 %
  • Sales Growth (3Yrs): 6.08 %

FINANCIAL PERFORMANCE OF HERO MOTO CORP LTD IN LAST 10 YEARS

Year2010
(Cr.)
2020
(Cr.)
CAGR
Growth
Sales15,75829,2546.38%
Profits223236385.01%
Share Price181923102.42%

#3. Eicher Motors Ltd

Eicher Motors Ltd is the third largest Bike company listed on BSE and NSE in India with a market cap of Rs. 46,097 Cr. in 2020

IndustryAutomotive
Founded1948,42 Years ago
FounderVikram Lal
Chairman & MDSiddhartha lal
  • Eicher Motors Limited (EML) owns the iconic Royal Enfield Brand, the global leader in middleweight motorcycles and it has been making its distinctive motorcycles since 1901.
  • Royal Enfield operates in India and over 50 countries around the world
  • It has sold 8,22,724 Motorcycle in the fiscal year 2019-2020

MARKET SHARE

  • 5.9% Royal Enfield’s Market Share in a motorcycle in India
  • 96% Market Share in India’s Mid-sized (250cc-750cc) motorcycles segment
  • 24% Market Share in 125cc+ motorcycle segment in India

PORTFOLIO

  • Motorcycles – Bullet, Classic, Thunderbird, Himalayan, Interceptor 650, Continental GT 650
  • Apparel – Protective riding apparel, urban casual wear, and personal accessories
  • Motorcycle accessories – touring seats, protective engine, and leg guards, luggage solutions

BUSINESS SEGMENTS

The company mainly present in the development, design, manufacture, assembly, and sale of two-wheelers as well as the sale of related parts and accessories.

REVENUE BREAK-UP BY BUSINESS SEGMENTS

REVENUE BREAK-UP BY DOMESTIC & EXPORT(%)

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  44,908 Cr.
  • Current Price:  16,443
  • 52 weeks High / Low  23450.00 / 12450.10
  • Book Value:  3,491
  • Stock P/E: 21.72
  • Dividend Yield: 0.76 %
  • ROCE: 40.59 %
  • ROE: 27.63 %
  • Sales Growth (3Yrs): 16.64 %

FINANCIAL PERFORMANCE OF EICHER MOTORS IN THE LAST 10 YEARS

Year20102020CAGR
Growth
(%)
Sales439791547.60%
Profits189182725.47%
Share Price6471644338.40%

#4. TVS Motors Company Ltd

TVS Motor Company Limited is the 4th largest bike company listed on BSE and NSE in India with a market cap of Rs 16,368 Cr. in 2020

IndustryAutomotive
Founded1978; 42 years ago
FounderT.V. Sundaram Iyenga
Chairman& MDVenu Srinivasan

The company is a member of the TVS Group and it is the largest company in the group in terms of size and turnover.

TVS Motor Company is also the 2nd largest exporter in India with exports to over 60 Countries.

The company has annual sales of 3 million units and an annual capacity of over 4 million vehicles.

BUSINESS SEGMENTS

  • Motorcycles, Scooters, Mopeds
  • Three-wheeler
  • Parts & Accessories
TVS Motor Company Limited bike company in india revenue break-up by business segments

REVENUE BREAK-UP BY DOMESTIC & EXPORT(%)

TVS MOTORS LTD REVENUE BREAK UP BY GEOGRAPHY WISE

BONUS SHARE ISSUE HISTORY

DateBonus Ratio
21-07-20101:1

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  15,783 Cr.
  • Current Price:  332.20
  • 52 weeks High / Low  504.00 / 240.10
  • Book Value:  69.08
  • Stock P/E: 24.49
  • Dividend Yield: 1.05 %
  • ROCE: 15.83 %
  • ROE: 24.13 %
  • Sales Growth (3Yrs): 21.01 %

FINANCIAL PERFORMANCE OF TVS COMPANY IN LAST 10 YEARS

Year20102020CAGR
Growth
Sales4,54418,84915.29%
Profits3462533.80%
Share Price37.8332.2024.28%

#5. Honda Motorcycle and Scooter India Pvt. Ltd

Honda Motorcycle and Scooter India is a private company and not listed on any stock exchanges in India.

IndustryAutomotive
Founded1999
CEOMinoru Kato

Honda Motorcycle and Scooter India Ltd is a 100% subsidiary of Honda Motor Company Ltd.

The company is the second-largest two-wheeler company in India in terms of a unit of sale per annum (Market share 27.02%)

It is also the fastest-growing company in the country today And the key to Honda’s growth is its best-selling product, the Honda Activa

BUSINESS SEGMENTS

  • Motorcycles
  • Scooters
  • Superbikes

PRODUCT PORTFOLIO

Motorcycles

  • XBlade
  • Livo
  • Unicorn
  • Shine

Scooters

  • Dio
  • Activa
  • Grazia

Superbikes

  • CBR
  • Africa Twin
  • Gold Wing

#6. Yamaha Motors Pvt Ltd

Yamaha Motor India Pvt. Ltd. (YMI) is a 100% subsidiary of Yamaha Motor Co., Ltd, Japan (YMC).

BUSINESS SEGMENTS

  • Motorcycles
  • Scooters

PRODUCT PORTFOLIO

Motorcycles

  • YZF R1
  • MT-09
  • FZ

Scooters

  • RAYZER
  • FASCINO

MANUFACTURING FACILITY

It has three manufacturing Plants at Surajpur (Uttar Pradesh), Faridabad (Haryana) and Kanchipuram (Tamil Nadu).

#7. Suzuki Motorcycle

Suzuki Motorcycle India Pvt Ltd is a subsidiary of Suzuki Motor Corporation, Japan.

Parent CompanySuzuki
Founded2006
MDSatoshi Uchida

The company have installed manufacturing plant in Gurgaon (Haryana) having the annual capacity of 7,50,000 Two Wheeler P.A

BUSINESS SEGMENTS

  • Motorcycles
  • Scooters
  • Big Bikes
  • Off Road

PRODUCT PORTFOLIO

Motorcycles

  • GIXXER
  • INTRUDER

Scooters

  • ACCESS
  • BURGMAN STREET

Big Bike

  • V-STROM 650 XT

OFF ROAD

  • RM-Z250
  • RM-Z450

#8.Piaggio India

Piaggio is an Italian motorcycles manufacturer that produces a wide range of two-wheeled vehicles in India by the brand name of Piaggio, Vespa, and Aprilia.

Aprilia and Vespa brand of scooters in India are the two most popular brands owned by Piaggio.

Future Growth Driver For Bike Company in India

  • The strong correlation of GDP growth to 2w penetration – India far from saturation
growth driver for bike company in india
  • 3x potential in India compared to Asian peers
growth driver for bike company in india
  • Higher financing levels will help increase 2w penetration further
growth driver for bike company in india
  • Increasing participation of women in the labor force presents another demographic benefit
growth driver

Also Read :List of Top 10 IT Company in India-The Complete Guide

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