Whalesbook
EV Revenue Race Mein Naya King!
Bhai log, FY26 ka result aa gaya hai aur EV market mein ab sabse bada twist yeh hai ki Mahindra & Mahindra revenue ke mamle mein Tata Motors ko peeche chhod gaya hai! M&M ne kamaaye hain ₹15,089 Crore, jo pichhle saal se 344% zyada hai! Yeh numbers incredible hain, jiske baad M&M ka EV revenue market share 34.8% ho gaya hai.
Tata Motors Ne Bhi Kamai Ki, Par Thoda Kam!
Udhar, Tata Motors ne bhi solid performance dikhaya, revenue ₹14,995 Crore raha, jo 72.6% growth hai. Lekin M&M ke saamne woh thoda peeche reh gaye, unka market share 34.6% raha. Sirf ₹94 Crore ka fark hai dono ke beech, matlab race ekdum tight thi! JSW MG Motor India bhi peeche nahi hai, unka revenue ₹10,194 Crore raha. Poora India ka EV market bhi 84% badha hai, lagbhag 200,000 units bik gaye FY26 mein!
Volume Mein Tata Abhi Bhi Champion
Ab yeh mat sochna ki M&M ne sabse zyada gaadiyan bechi hain. Woh bhi nahi! Volume ke mamle mein Tata Motors abhi bhi clear leader hai, 78,811 electric vehicles bechkar. M&M ne 42,721 units bechi hain, aur JSW MG Motor India ne 53,089. Iska matlab M&M high-value EVs par focus kar raha hai revenue badhane ke liye, jabki Tata Motors zyada gaadiyan bech raha hai.
Kyun Hua Yeh Change Aur Aage Kya?
Is shift ka reason M&M ke naye electric SUVs hain jo market mein kaafi pasand kiye ja rahe hain. Government support aur fuel prices ka uncertainty bhi EVs ko boost de raha hai. Currently, India mein 4% new car sales EVs hain, matlab abhi bahut growth baaki hai.
Lekin challenges bhi hain. M&M ke liye itna fast growth maintain karna mushkil hoga jab base bada ho jayega. Aur Tata Motors ko apni average revenue per vehicle badhani hogi. M&M ka P/E ratio 21-23 hai, jabki Tata Motors ka 20-63 fluctuate kar raha hai. Analysts ko EV sector ka future bright lag raha hai, govt policies aur infra development se. M&M ₹37,000 Crore invest kar raha hai FY25-FY27 mein EVs ke liye, aiming for 20-30% domestic SUV sales electric by 2027. Tata Motors apne "2:2:2" roadmap se volume maintain karne ki koshish mein hai.