1. Auto industry analysis By- Arabinda Kar PGDM II Year

3. Trends in Automobile sector

4. Continue…………. 10,833,948 11,087,997 9,743,503 8,467,853 7,243,564 6,279,967 Grand Total 8,026,049 8,466,666 7,608,697 6,529,829 5,622,741 5,076,221 Two Wheelers 500,592 556,126 434,423 374,445 356,223 276,719 Three Wheelers 545,176 519,982 391,083 353,703 275,040 203,697 Commercial Vehicles 1,762,131 1,545,223 1,309,300 1,209,876 989,560 723,330 Passenger Vehicles 2007-08 2006-07 2005-06 2004-05 2003-04 2002-03 Category (Number of Vehicles) Automobile Production Trends

5. 9,648,094 10,123,988 8,906,428 7,897,629 6,810,537 5,941,535 Grand Total 7,248,589 7,872,334 7,052,391 6,209,765 5,364,249 4,812,126 Two Wheelers 364,703 403,910 359,920 307,862 284,078 231,529 Three Wheelers 486,817 467,765 351,041 318,430 260,114 190,682 Commercial Vehicles 1,547,985 1,379,979 1,143,076 1,061,572 902,096 707,198 Passenger Vehicles 2007-08 2006-07 2005-06 2004-05 2003-04 2002-03 Category (Number of Vehicles) Automobile Domestic Sales Trends

6. 1,238,499 1,011,529 806,222 629,544 479,919 307,308 Grand Total 819,847 619,644 513,169 366,407 265,052 179,682 Two Wheelers 141,235 143,896 76,881 66,795 68,144 43,366 Three Wheelers 58,999 49,537 40,600 29,940 17,432 12,255 Commercial Vehicles 218,418 198,452 175,572 166,402 129,291 72,005 Passenger Vehicles 2007-08 2006-07 2005-06 2004-05 2003-04 2002-03 Category (Number of Vehicles) Automobile Exports Trends

11. The Key player………….

13. 43.6 54.6 ROAE (%) 35.5 42.6 ROACE (%) 3.1 3.1 EV/EBITDA (x) 6.1 5.3 P/E (x) -13.4 EPS growth (%) 45.2 52.2 EPS (INR) 144.7 144.7 shares outstanding (mn) 6,527 7,558 Net profit (INR mn) 11,383 12,929 EBITDA (INR mn) -0.4 Rev. growth (%) 94485 90,455 Revenues (INR mn) FY09E FY08 Year to March Financials

14. -13.1 EPS -1.7 Net profit -8.3 PBT 11.45 EBITDA -0.4 Revenues FY09E Growth metrics (%)

15. Thank You !