TVS Takes the Lead While Ola Electric Slips | May 2025 Scooter Market Share YoY Analysis
The Indian scooter market witnessed a dramatic shakeup in May 2025. While TVS Motor surged ahead to claim the top spot , Ola Electric , once a dominant EV player, saw a sharp decline in market share. Scooter Sales & Market Share Comparison (Year-on-Year: May 2024 vs May 2025) Company Registrations (May 2024) Market Share (May 2024) Market Share (May 2025) YoY Change TVS Motor 19,451 15.6% 25.0% 🔼 +9.4% Bajaj Auto 17,167 12.1% 22.6% 🔼 +10.5% Ola Electric 15,221 49.2% 20.0% 🔽 -29.2% Ather Energy 9,962 23.8% 13.1% 🔽 -10.7% Source: Vahan Portal, Data as of May 26, 2025 Market Analysis TVS Motor Company Ltd Stock Price (May 2025): ₹2,150 P/E Ratio: ~29x (slightly above industry average) EPS (TTM): ₹74.1 Fundamentals: Strong balance sheet with low debt-to-equity ratio. Consistent revenue and profit growth over the last 3 years. Rapid EV expansion under the iQube brand. Technical Overview: Trading above...