Two & Three Wheelers
28 recent notes from companies in this sector. 9 companies tracked.
TVS Motor Q1 transcript confirms record sales, EV surge, but no new catalyst
TVS Motor Q1 transcript confirms known results: revenue up 38% to ₹13,896 cr, EBITDA 12.8%, EV volumes 86%, but no fresh catalyst.
Bajaj Auto transcript confirms record Q1, EV turns profitable
Revenue of ₹17,244 cr, PAT ~₹3,000 cr. EV business EBITDA positive. Exports record 732k units. Transcript is a documentation of the earnings call, not new info.
TVS Motor's Q1: record ₹13,896 cr revenue, raised growth view
Management raised its full-year industry growth forecast, citing GST rationalization and affordability. EV sales surged 86% as iQube crossed 1 million production.
TVS Motor's Q1 profit jumps 51% to record ₹1,174 cr
Revenue up 38% to ₹13,896 cr, EBITDA margin at 12.8%. Results already known; this filing adds nothing new.
TVS Motor posts record PAT of ₹1,174 cr, revenue up 38%
Profit helped by ₹150 cr fair value gain; margin at 12.8% despite commodity cost spike. Board okayed ₹1,000 cr debt raise.
TVS Motor's Q1 profit hits record ₹1,174 cr on 38% revenue jump
Scooter and EV sales drive 28% volume growth; board nod for up to ₹1,000 cr debt raising.
Hero MotoCorp enters Germany, its 53rd global market
The Indian two-wheeler giant partners with Austria's KSR Group to launch the XPulse 200 4V series in Germany, its fifth European market. Initial coverage spans 28+ outlets.
Bajaj Mobility revenue nearly doubles, EBITDA turns positive
Bajaj Mobility AG posts 80% revenue jump to €370M, EBITDA margin of 8.7% versus -55.6% a year ago. The preliminary numbers confirm a widely anticipated turnaround.
Atul Auto board to meet Aug 8 for Q1 results
Standard intimation under SEBI regulations; no financials or surprises in the notice. The actual results, not the meeting date, will drive any price action.
Ather Energy cuts fundraise to ₹1,200 cr, enlists Hero MotoCorp and India-Japan Fund
Board approves preferential issue of shares and warrants at ₹1,230-₹1,260 apiece. Hero MotoCorp's stake to rise to 31.1%. The ₹1,200 cr raise is 2.6% of market cap but shows key backer commitment.
Hero MotoCorp puts ₹1,000 cr more into Ather Energy
The investment, at roughly 1% of Hero's market cap, is a routine show of support for its EV bet rather than a game-changer.
Ather to enter mass market with EL-platform scooter
The first EL-based scooter, priced ₹1 lakh-₹1.25 lakh, will be unveiled at Community Day on Aug 29. It marks a strategic shift from premium to volume.
Hero MotoCorp commits ₹3,200 cr to Tirupati, targets 1.5 mn EV capacity
The two-wheeler giant lays foundation for a Global Parts Centre and scales EV production, signalling a long-term strategic shift in manufacturing and electrification.
Wardwizard gets ₹16 cr ECLGS lifeline as stress deepens
The EV maker taps a government-backed scheme for working capital amid near-total promoter pledge and a planned ₹100 cr rights issue.
Bajaj Auto hit by ransomware, says it contained the attack
The two-wheeler major suffered a cyber attack on 23 June 2026 but reports no operational disruption or data loss; CERT-In notified.
Ola Electric gets first BIS nod for Indian-made 46100 LFP cell
The certification validates safety and performance of Ola's in-house cell, expanding beyond NMC 4680. Strategic but financial impact not yet quantifiable; company posts ₹500 cr quarterly net loss.
Ather Energy board approves ₹2,500 cr fundraise, its biggest since listing
Board clears a QIP of ₹1,500 cr plus ₹1,000 cr via FCCBs, preferential, or rights. The amount is 6.3% of market cap, material dilution for a company that lost ₹100 cr in the March quarter.
Ather Energy's board meets June 12 with every fundraise option on the table
The EV maker will weigh equity, debt, or hybrid instruments. No target size or structure has been disclosed yet.
Zelio targets 125,000 unit sales after tripling its production capacity
The profitable EV maker has a 240,000-unit network and is guiding for 75-80% revenue growth in FY27.
Hero MotoCorp launches India's first flex-fuel 100cc bikes
The Splendor+ and HF Deluxe run on ethanol blends from E20 to E85, priced at ₹72,792 and ₹82,710. The launch is a political signal, not a financial one.
Wardwizard Innovations seeks ₹100 crore in a desperate rights issue
The EV manufacturer needs capital to offset severe liquidity stress, with a fundraising target equivalent to nearly half of its current market valuation.
Eicher Motors enters vehicle financing with a new Volvo joint venture
The company reported record FY26 revenue of ₹23,408 crore and announced a ₹750 crore investment to launch a 50:50 financing partnership with Volvo.
Ola Electric's Q4 transcript adds no new material information
The transcript of the May 20 earnings call provides granular detail on margins and the Gigafactory ramp-up, but contains no new disclosures.
Eicher pulls Cheyyar plant target forward by a year to hit 2 million units
Eicher Motors hit ₹50,000 cr in combined revenue for the first time in FY26. Management now plans to reach full Cheyyar capacity a year ahead of schedule.
Eicher Motors lifts dividend to ₹82 as annual profits climb 17%
The Royal Enfield parent reports consolidated revenue of ₹23,408 cr for FY26, a 24% increase over the previous year.
Eicher Motors hits record revenue on the back of 1.23 million bike sales
Royal Enfield's owner lifted profits by 17% and bumped its dividend to ₹82 per share as sales volumes surged.
Eicher Motors lifts dividend to ₹82 as annual profit hits ₹5,041 cr
Royal Enfield's volume growth and expansion at VE Commercial Vehicles pushed consolidated net profit up 16.5% to ₹5,515 cr.
Eicher Motors puts ₹750 cr into captive finance JV with Volvo
The NBFC with ₹1,825 cr in AUM becomes a joint venture, deepening a partnership that already runs VECV.