Three-Wheeler Sales H2 FY 2026-27 (So Far): 1,31,836 Units, Down 2.9% YoY
Every three-wheeler registered in India over H2 FY 2026-27 so far — October 2026. The second half of the financial year, October to March. Month-by-month volumes, the manufacturer leaderboard, how the segment moved against the rest of the market, and the same window in every earlier year on record.
Live. H2 FY 2026-27 is still in progress — this page grows as new registrations are published.
Three-Wheeler sales month by month, H2 FY 2026-27
India's three-wheeler market registered 1,31,836 three-wheelers in H2 FY 2026-27 so far. Volumes edged down 2.9% against the 1,35,785 logged over the same month of H2 FY 2025-26.
October is the festive peak. Navratri and Diwali make it the single biggest registration month of most years, so year-on-year comparisons swing on where the festivals fall.
H2 FY 2026-27 still has 5 months to run. Held at the pace of the 1 months already counted, it would finish near 7.91 L three-wheelers — a run rate rather than a forecast, and the festive quarter moves it more than anything else on this page.
Three-wheelers accounted for 4.3% of everything registered in India over the period, up from 3.3% in H2 FY 2025-26. The whole market ran to 30,33,135 vehicles over the same window, down 27.3% year on year.
Three-Wheeler registrations by month — H2 FY 2026-27 vs H2 FY 2025-26
Vahan retail registrations, each month set against the same month a year earlier.
Every completed month of H2 FY 2026-27, with the matching month of H2 FY 2025-26 beside it.
| Month | H2 FY 2026-27 units | H2 FY 2025-26 units | YoY | Share of period |
|---|---|---|---|---|
| October 2026 | 1,31,836 | 1,35,785 | −2.9% | 100.0% |
Each month links through to its own full report.
Which manufacturer sold the most, H2 FY 2026-27
Bajaj Auto led the period with 47,364 registrations, down 16.0% on H2 FY 2025-26. Mahindra Last Mile follows on 14,732, 32,632 behind — a gap of 3.22x.
The fastest riser in the top 8 was TVS Motor, up 33.9% to 7,827, while YC Electric was down 32.1% at 2,374.
Volumes here are registrations inside the segment only, counted with Vahan's own vehicle-class filter, so each is the manufacturer's three-wheeler volume over H2 FY 2026-27. Companies that file electric models under a maker of their own appear as separate rows.
Top manufacturers by registrations — H2 FY 2026-27
Registrations inside the segment (three-wheelers only).
Exact registrations over October 2026, with the change against H2 FY 2025-26.
| # | Manufacturer | H2 FY 2026-27 units | Share of three-wheelers | vs H2 FY 2025-26 |
|---|---|---|---|---|
| 1 | Bajaj Auto | 47,364 | 35.93% | −16.0% |
| 2 | Mahindra Last Mile | 14,732 | 11.17% | +15.0% |
| 3 | Piaggio | 9,196 | 6.98% | −11.5% |
| 4 | TVS Motor | 7,827 | 5.94% | +33.9% |
| 5 | Atul Auto | 3,319 | 2.52% | −7.8% |
| 6 | YC Electric | 2,374 | 1.80% | −32.1% |
| 7 | Saera Electric | 1,690 | 1.28% | −25.3% |
| 8 | Dilli Electric | 1,646 | 1.25% | −12.7% |
| 9 | Mini Metro EV | 1,400 | 1.06% | +23.8% |
| 10 | J. S. Auto | 1,302 | 0.99% | +25.4% |
| 11 | Sks Trade India | 939 | 0.71% | +3.2% |
| 12 | Energy Electric Vehicles | 891 | 0.68% | −20.0% |
| 13 | Omega Seiki | 889 | 0.67% | +86.4% |
| 14 | Mlr Auto | 882 | 0.67% | +8.4% |
| 15 | Hooghly Motors | 865 | 0.66% | +114.6% |
Three-Wheeler sales against the rest of the market
Set against the rest of the market, three-wheelers outgrew the national picture over H2 FY 2026-27: −2.9% against −27.3% for every vehicle registered in India.
The table covers every segment Vahan reports over the same 1-month window, so the comparison is like for like — the same months, the same source, on both sides.
Three-Wheeler share of the Indian market, month by month
Three-wheelers as a percentage of every vehicle registered that month.
Exact segment volumes over October 2026.
| Segment | H2 FY 2026-27 units | Share | vs H2 FY 2025-26 |
|---|---|---|---|
| Two-Wheelers | 22,31,325 | 73.56% | −31.1% |
| Cars & UVs | 4,35,782 | 14.37% | −20.8% |
| Three-Wheelers | 1,31,836 | 4.35% | −2.9% |
| Goods Carriers | 98,225 | 3.24% | −4.8% |
| Tractors | 73,694 | 2.43% | −1.8% |
| Taxis & Cabs | 34,549 | 1.14% | −12.7% |
| Other classes | 18,287 | 0.60% | +1.0% |
| Buses | 9,437 | 0.31% | +6.3% |
What three-wheelers run on
Vahan splits a segment by fuel only across a whole calendar year, so this table covers 2026 year to date rather than H2 FY 2026-27 alone — it is exact for that window.
Electric accounts for 61.1% of three-wheeler registrations over 2026 year to date, with battery-electric at 61.1%.
Three-Wheeler registrations by fuel — 2026 year to date
The 2026 year to date mix.
| Fuel | 2026 units | Share | vs full-year 2025 |
|---|---|---|---|
| Electric | 7,61,014 | 61.12% | +2.39pp |
| CNG / LPG | 3,02,122 | 24.27% | −4.37pp |
| Diesel | 1,77,706 | 14.27% | +2.05pp |
| Petrol | 4,128 | 0.33% | −0.07pp |
| Other | 84 | 0.01% | 0.00pp |
Every H2 on record
Across the 2 completed windows in our Vahan record, three-wheeler registrations went from 6,46,555 in H2 FY 2024-25 to 7,67,129 in H2 FY 2025-26, up 18.6% over the stretch.
H2 FY 2026-27 is still running — 1 of its 6 months are counted — so it is a part window and is never set against a full one. Its year-on-year figure compares only the months it actually holds.
Three-Wheeler registrations by half year
* window still in progress.
| Period | Months | Units | YoY |
|---|---|---|---|
| H2 FY 2026-27 (to date) | 1 | 1,31,836 | −2.9% |
| H2 FY 2025-26 | 6 | 7,67,129 | +18.6% |
| H2 FY 2024-25 | 6 | 6,46,555 | +2.1% |
Each row compares only the months that window holds, so a part period is never set against a full one.
Frequently asked questions
How many three-wheelers were sold in India in H2 FY 2026-27?
What period does H2 FY 2026-27 cover?
Which manufacturer sold the most three-wheelers in H2 FY 2026-27?
What share of the Indian market were three-wheelers in H2 FY 2026-27?
What will full-year H2 FY 2026-27 three-wheeler sales be?
Which half year had the highest three-wheeler sales?
Are these retail sales or factory dispatches?
Three-Wheeler sales, other periods
More from the reports desk
Source. Every figure is a vehicle registration, taken from the Ministry of Road Transport & Highways' Vahan 4 dashboard (vahan.parivahan.gov.in) — the same source FADA and the industry use for retail data. Registrations are not the wholesale dispatch numbers manufacturers announce each month. "EV" means battery electric (Vahan fuels PURE EV and ELECTRIC(BOV)); hybrids are counted separately. Information only, not investment advice.
Using these numbers? Cite "Flash Finance (Vahan data)" with a link to this page. This report's chart card is free to republish with the same credit.
