Two & Three Wheelers stocks in India

Every listed two & three wheelers company on NSE and BSE in our database, largest first, with its valuation, profitability, latest quarterly growth, one-year return and next results date.

16 companies Combined market cap ₹834,484 Cr Data as of 1 Oct 2026 close

There are 16 listed companies in the Two & Three Wheelers industry on NSE and BSE in our database, 9 of them with full financials.

The largest by market capitalisation are Bajaj Auto Limited (₹276,040 Cr), TVS Motor Company Limited (₹191,088 Cr), Eicher Motors Limited (₹189,969 Cr).

Among the 7 companies worth more than ₹500 Cr, the median P/E of the profitable ones is 23.9 and the median return on equity is 23.0%.

Fastest sales growth in the latest quarter (year on year, above ₹500 Cr): Ather Energy +89%, Bajaj Auto +72%, Atul Auto +43%.

Two & Three Wheelers companies by market cap

#CompanyMarket cap P/EROEQtr sales YoY Qtr profit YoYReturn 1YNext results
1 Bajaj Auto LimitedBAJAJ-AUTO ₹276,040 Cr 23.59 30.1% +72.3% +53.9% +13.6% —
2 TVS Motor Company LimitedTVSMOTOR ₹191,088 Cr 53.05 37.7% +33.5% +64.5% +18.0% —
3 Eicher Motors LimitedEICHERMOT ₹189,969 Cr 32.91 23.0% +31.5% +21.3% -0.9% —
4 Hero MotoCorp LimitedHEROMOTOCO ₹103,433 Cr 17.91 26.7% +30.2% +26.1% -3.5% —
5 Ather Energy LimitedATHERENERG ₹55,766 Cr — -15.2% +88.7% +71.4% +152.4% —
6 Ola Electric Mobility LimitedOLAELEC ₹16,384 Cr — -52.0% -45.0% +21.5% -33.8% —
7 Atul Auto LimitedATULAUTO ₹1,179 Cr 23.88 10.2% +43.0% +302.0% -13.6% —
8 Urja Global LimitedURJA ₹480 Cr 329.34 0.8% -26.6% -55.4% -35.5% —
9 Tunwal E-Motors LimitedTUNWAL ₹143 Cr 5.98 19.0% +26.9% -33.3% -16.5% —
10 Bikewo Green Tech LimitedBIKEWO — — — — — — —
11 Delta Autocorp LimitedDELTIC — — — — — — —
12 Eraaya LifespaceBSE: 531035 — — — — — — —
13 Supertech Ev LtdBSE: 544428 — — — — — — —
14 Victory Electric Vehicles International LimitedVICTORYEV — — — — — — —
15 Wardwizard Innovations & Mobility LtdBSE: 538970 — — — — — — —
16 Zelio E Mobility LtdBSE: 544563 — — — — — — —

P/E "n/m" means the company made a loss over the last four quarters. Quarterly growth compares the latest quarter with the same quarter a year earlier. "—" means the figure is not available.

Frequently asked questions

Which are the largest two & three wheelers stocks in India?

By market capitalisation: Bajaj Auto Limited (₹276,040 Cr), TVS Motor Company Limited (₹191,088 Cr), Eicher Motors Limited (₹189,969 Cr), Hero MotoCorp Limited (₹103,433 Cr), Ather Energy Limited (₹55,766 Cr).

How many two & three wheelers companies are listed in India?

16 companies listed on NSE and BSE are classified in the Two & Three Wheelers industry on this page, which merges the exchanges' and data vendors' labels for the same business.

What is the average P/E of two & three wheelers stocks?

The median P/E of profitable two & three wheelers companies worth more than ₹500 Cr is 23.9, based on trailing-twelve-month profit and the latest close.

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⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI