🚗 April 2025 Auto Retail Data Report – Sector-Wise Performance & Investment Insights
📅 Published on: 20th May 2025
✍️ By Profit From IT – Research & Investment Desk
🔍 Sector-Wise Retail Performance (YoY Growth)
| Segment | Apr'25 Retail | YoY Growth | MoM Growth |
|---|---|---|---|
| 🛵 Two-Wheelers (2W) | 16.87 lakh | 🟢 2.25% | 🟢 11.84% |
| 🚖 Three-Wheelers (3W) | 99,766 | 🟢 24.51% | 🟢 0.39% |
| 🚗 Passenger Vehicles (PV) | 3.50 lakh | 🟢 1.55% | 🔴 –0.19% |
| 🚛 Commercial Vehicles (CV) | 90,558 | 🔴 –1.05% | 🔴 –4.44% |
| 🚜 Tractors (TRAC) | 60,915 | 🟢 7.56% | 🔴 –17.70% |
🔋 Fuel Mix Evolution – Investment Trend for EVs
EV Share Growth:
2W EVs: 5.44% (up from 3.97% YoY) 🔼
3W EVs: 62.68% (up from 52.49% YoY) 🚀
PV EVs: 3.5% (up from 2.26% YoY) 🔼
➡️ Investor Insight: Companies focused on 3W and 2W EV segments such as Ola Electric, Ather Energy, and TVS are poised for future scalability.
🌾 Sector Outlook & Economic Cues
🌦️ Above-normal monsoon forecast expected to boost rural demand.
💰 RBI's liquidity support to ease auto loan rates.
🧾 Inventory pressure in PV segment (50 days) might lead to deeper discounts, impacting margins.
🏆 OEM Performance: Best Performing Companies (YoY Growth & Market Share Gains)
🛵 Two-Wheelers
| Company | Apr'25 Units | YoY Change |
|---|---|---|
| TVS Motor | 3.09 lakh | 🟢 +10.0% |
| Suzuki | 91.7k | 🟢 +17.0% |
| Ather Energy | 13.2k | 🚀 +218% |
🚖 Three-Wheelers
| Company | Apr'25 Units | YoY Change |
|---|---|---|
| Mahindra (Combined) | 12.5k | 🟢 +64% |
| TVS Motor | 3.15k | 🟢 +98% |
🚗 Passenger Vehicles
| Company | Apr'25 Units | YoY Change |
|---|---|---|
| Mahindra | 48.4k | 🟢 +25% |
| Toyota | 23.3k | 🟢 +15.7% |
| Kia | 21.6k | 🟢 +9.1% |
| Skoda VW Group | 9.46k | 🚀 +39.5% |
🚜 Tractors
| Company | Apr'25 Units | YoY Change |
|---|---|---|
| TAFE | 6.83k | 🟢 +21.5% |
| Escorts Kubota | 6.36k | 🟢 +8.2% |
🚛 Commercial Vehicles
| Company | Apr'25 Units | YoY Change |
|---|---|---|
| Force Motors | 3.31k | 🚀 +78% |
| VE Commercial | 7.57k | 🟢 +9.1% |
📊 Retail Sentiment Survey – Key Metrics
🪙 Liquidity Sentiment:
Neutral: 52.3%
Good: 23.8%
💭 Market Sentiment:
Neutral: 55.1%
Positive: 23.8%
📅 May 2025 Outlook:
Growth Expected: 37.5%
Flat: 48.4%
De-growth: 14.1%
💡 Investment Watchlist – Key Takeaways
✅ Top Gainers (YoY Growth):
Ather Energy ⚡ (EV)
Mahindra & Mahindra (PV + Trac + 3W) 🔼
Skoda VW Group (PV) 🚗
Force Motors (CV) 🚛
⚠️ Caution in:
Entry-level PVs – weak retail trends
CVs – ongoing price pressures, freight stagnation
Urban 2W – financing bottlenecks
📌 Conclusion: Sector Positioning for Investors
🔋 EV Transition is most visible in the 3W segment—favorable for EV component suppliers and manufacturers like BAJAJ AUTO, Olectra, Greaves, and Mahindra Electric.
🌾 Tractor sector remains strong—watch Mahindra Tractors, Escorts Kubota, and TAFE for rural play.
🧾 Inventory glut in PV signals cautious approach; but SUV-focused players like Mahindra and Toyota still show resilience.
 for Investors The provided chart outlines key metrics for Nifty 500 companies across different periods (FY22 t.png)
