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%. |
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| 2. |
Bajaj market share in the 125 cc+ segment rose to an all time high of 55% in Q3FY08. |
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| 3. |
3-wheeler sales are expected to improve hereon in both domestic and export markets. |
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| 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. |
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| 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%. |
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| YTD 2007-08: |
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| 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
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