TVS Motor Vahan retail registrations

TVS Motor Sales September 2026: 3,74,454 Units, +43.2% YoY

Full Vahan registration report for TVS Motor in September 2026 — total volume, year-on-year and month-on-month change, where it ranks against every other manufacturer, and the segment and fuel mix behind the number.

3,74,454
September 2026 registrations
+43.2%
Year on year
+2.9%
Month on month
14.6%
Share of all registrations
+1.03pp YoY
3rd
Rank among all makers, September 2026
33.81 L
2026 year to date
+27.9% YoY

TVS Motor in September 2026

TVS Motor registered 3,74,454 vehicles in India in September 2026. Volume accelerated 43.2% against September 2025 and ticked higher 2.9% against August. Its best month on record remains October 2025 at 5,78,599.

Of those, 3,66,364 were two-wheelers (97.8% of the total), +43.1% on September 2025. That figure is exact: it is counted with Vahan's own vehicle-class filter rather than worked out from the company total.

That put TVS Motor 3rd among every manufacturer registering vehicles in India in September 2026, behind Hero MotoCorp on 4,35,824 and ahead of Bajaj Auto on 2,15,523.

Measured against every vehicle registered in India that month — all segments, all fuels — that is 14.6% of the market, +1.03pp against September 2025.

Across 2026 to date — the 9 months of the year that have closed — the company has registered 33,81,185 vehicles, +27.9% on the same months of 2025.

TVS Motor monthly registrations

Every calendar year on record, month by month. The dashed end of the current year is the month so far.

What TVS Motor sells

98.0% of everything TVS Motor has registered in 2026 is in two-wheelers, and the company holds 19.8% of that segment nationally. Three-wheelers is next at 1.7%.

This split is the calendar year to date and cannot be cut to a single month: our Vahan data holds a manufacturer's volume by month, and its volume by vehicle class, but not the two together. Multiplying them would be a guess, so the table stays on the axis where the number is exact.

TVS Motor by segment, 2026

Calendar year to date — exact, but with no month axis.

TVS Motor by segment — 2026 year to date
Segment 2026 units Share of company Share of segment
Two-Wheelers 35,86,073 98.0% 19.8%
Three-Wheelers 63,336 1.7% 5.3%
Other 9,833 0.3% 5.5%
Goods Carriers 23 0.0% 0.0%
Cars & UVs 6 0.0% 0.0%
Tractors 1 0.0% 0.0%

"Share of segment" is this company against every other manufacturer in the same segment, over the same months.

Fuel mix

13.3% of TVS Motor's 2026 registrations are battery electric — 4,86,227 vehicles, against 8.5% in 2025.

Fuel, like segment, is published against the manufacturer for the whole year rather than by month, so these shares are 2026 to date. Hybrids are counted separately from battery electrics.

TVS Motor by fuel — 2026 year to date
Fuel 2026 units Share vs 2025
Petrol 31,46,876 86.0% −4.86pp
CNG / LPG 26,167 0.7% +0.04pp
Electric 4,86,227 13.3% +4.82pp
Other 2 0.0% 0.00pp

Every manufacturer, September 2026

Ranked on total registrations across every vehicle type, which is the finest manufacturer split our Vahan data holds with a month axis. Two-wheeler makers therefore sit above carmakers selling far more value — this is a count of vehicles, not of revenue.

Manufacturer leaderboard — September 2026
# Manufacturer Sep 2026 Share of market
1 Honda 2W (HMSI) 4,71,005 18.3%
2 Hero MotoCorp 4,35,824 17.0%
3 TVS Motor 3,74,454 14.6%
4 Bajaj Auto 2,15,523 8.4%
5 Maruti Suzuki 1,76,873 6.9%
6 Mahindra & Mahindra 1,18,751 4.6%
7 Royal Enfield 1,04,557 4.1%
8 Suzuki 2W 1,02,619 4.0%
9 Tata Motors 95,056 3.7%
10 Yamaha India 64,692 2.5%
11 Hyundai 51,239 2.0%
12 Ather Energy 30,864 1.2%
13 Toyota Kirloskar 29,541 1.1%
14 Kia India 27,610 1.1%
15 Ashok Leyland 19,511 0.8%

TVS Motor month by month

The last 15 months on record. The year-on-year column compares each month against the same month a year earlier; the running month is left without one.

TVS Motor monthly registrations
Month Registrations YoY
October 2026 (live) 2,78,087 —
September 2026 3,74,454 +43.2%
August 2026 3,63,770 +26.5%
July 2026 3,84,337 +34.7%
June 2026 3,68,724 +24.2%
May 2026 3,65,772 +12.9%
April 2026 3,88,158 +19.7%
March 2026 3,94,870 +34.1%
February 2026 3,56,474 +33.1%
January 2026 3,84,626 +27.2%
December 2025 2,87,833 +27.3%
November 2025 4,69,668 +6.9%
October 2025 5,78,599 +58.4%
September 2025 2,61,460 +12.4%
August 2025 2,87,508 +16.1%

Frequently asked questions

How many vehicles did TVS Motor sell in September 2026?
3,74,454 TVS Motor vehicles were registered in India in September 2026, +43.2% against September 2025 and +2.9% against August. Across 2026 to date the total is 33,81,185 vehicles, +27.9% on the same 9 months a year earlier.
Where does TVS Motor rank in September 2026?
3rd among every manufacturer registering vehicles in India in September 2026, with 14.6% of all registrations that month. The ranking counts a company's total across every vehicle type it sells, which is the finest manufacturer split our Vahan data holds with a month axis.
What does TVS Motor mostly sell?
98.0% of TVS Motor's 2026 registrations are two-wheelers. Our Vahan data holds that split for the calendar year rather than by month, so it is a year-to-date figure, not the volume inside one segment for one month.
How many of TVS Motor's vehicles are electric?
4,86,227 of TVS Motor's 36,59,272 registrations in 2026 are battery electric — 13.3% of its book.
Are these retail sales or factory dispatches?
Retail. Every figure on this page is a vehicle registration recorded on the Ministry of Road Transport and Highways' Vahan 4 dashboard — a vehicle counts when a buyer registers it at an RTO. Manufacturers announce wholesale dispatches to dealers each month, which is a different and usually larger number.

TVS Motor sales, earlier months

More from the reports desk

Source. Every figure is a vehicle registration, taken daily 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.

⚠️ 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 assistance, with a human in the loop: our editors review what the AI produces. 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