BAJAJ CONTINUES TO BE INDIA’S MOST PROFITABLE AUTOMOTIVE
COMPANY
January Sales Performance
1st February 2008
January' 2008
|
Particulars
|
January 2008
|
January 2007
|
Growth %
|
| MOTORCYCLES |
166,492
|
195,560
|
-15 |
| TOTAL 2 WHEELERS |
167,592 |
197,553 |
-15 |
|
3 WHEELERS
|
24,601
|
32,030
|
-23
|
|
TOTAL 2 & 3 WHEELERS
|
192,193 |
229,583 |
-16 |
| Exports out of the above |
43,533 |
39,812 |
9 |
| 1. |
The 125 cc + motorcycle segment continues to grow at the
expense of 100 cc motorcycles; on a YOY basis 125 cc+
motorcycles have grown while 100 cc motorcycles have
declined about 20%.
|
| |
|
| 2. |
Bajaj market share in the 125 cc+ segment rose to an all
time high of 55% in Q3FY08.
|
| |
|
| 3. |
3-wheeler sales are expected to improve hereon in both
domestic and export markets.
|
| |
|
| 4. |
Exports are expected to continue growing at the 40% rate
that they have this year; some export sales were deferred
from January 08 to February 08 owing to logistics issues.
|
| |
|
| 5. |
All of the above – focus on 125 cc+ motorcycles, higher
3-wheeler sales, and greater exports would ensure that
Bajaj continues to be India’s most profitable automotive
Company as was the case in Q3FY08 with an EBITDA margin of
14.6%.
|
| |
|
|
| YTD 2007-08: |
| |
|
|
Particulars
|
April 2007– January 2008
|
April 2006– January 2007
|
Growth %
|
| MOTORCYCLES |
1,826,674 |
2,039,214 |
-10 |
|
TOTAL 2 WHEELERS
|
1,846,083
|
2,056,194
|
-10
|
| 3 WHEELERS |
245,237 |
269,228 |
-9 |
| TOTAL 2 & 3 WHEELERS |
2,091,320 |
2,325,422 |
-10 |
| Exports out of the above |
504,124 |
365,540 |
38 |
|
Rajiv Bajaj
Managing Director
Date 01/02/2008
|
