Vehicle Vahan retail registrations

Vehicle Sales FY 2026-27 (Year to Date): 1,55,77,060 Units, Up 20.9% YoY

Every vehicle registered in India over FY 2026-27 so far — April 2026 to September 2026. India's financial year runs April to March, the window every listed automaker reports on. Month-by-month volumes, the manufacturer leaderboard, what India actually registered segment by segment, and the same window in every earlier year on record.

1,55,77,060
Vehicle registrations
FY 2026-27 so far
+20.9%
Year on year
vs FY 2025-26 (6 mo)
25,96,177
Monthly average
6 months counted
3.12 Cr
Full-period run rate
at the current pace
Hero MotoCorp
Period leader
28,51,532 units

Live. FY 2026-27 is still in progress — this page updates every day as new registrations are published.

Vehicle sales month by month, FY 2026-27

The Indian vehicle market registered 1,55,77,060 vehicles in FY 2026-27 so far. Volumes pushed ahead 20.9% against the 1,28,79,778 logged over the same 6 months of FY 2025-26.

April was the strongest month of the period at 27,26,472 vehicles and August the quietest at 24,65,170, an average of 25,96,177 a month. Every one of those 6 months grew on the same month a year earlier.

FY 2026-27 still has 6 months to run. Held at the pace of the 6 months already counted, it would finish near 3.12 Cr vehicles — a run rate rather than a forecast, and the festive quarter moves it more than anything else on this page.

Vehicle registrations by month — FY 2026-27 vs FY 2025-26

Vahan retail registrations, each month set against the same month a year earlier. The lighter bar is October so far, not yet in the FY 2026-27 total.

Vehicle sales, month by month — FY 2026-27

Every completed month of FY 2026-27, with the matching month of FY 2025-26 beside it.

Month FY 2026-27 units FY 2025-26 units YoY Share of period
April 2026 27,26,472 23,96,909 +13.7% 17.5%
May 2026 25,78,338 23,16,166 +11.3% 16.6%
June 2026 26,04,974 21,04,604 +23.8% 16.7%
July 2026 26,34,840 20,63,503 +27.7% 16.9%
August 2026 24,65,170 20,67,400 +19.2% 15.8%
September 2026 25,67,266 19,31,196 +32.9% 16.5%

Each month links through to its own full report.

Which manufacturer sold the most, FY 2026-27

Hero MotoCorp led the period with 28,51,532 registrations, up 16.0% on FY 2025-26. Honda 2W (HMSI) follows on 28,00,561, 50,971 behind — a gap of 1.02x.

The fastest riser in the top 15 was Ather Energy, up 77.4% to 1,79,845.

Top manufacturers by registrations — FY 2026-27

Total registrations across every vehicle type each manufacturer sells.

Manufacturer leaderboard — FY 2026-27

Exact registrations over April 2026 to September 2026, with the change against FY 2025-26.

# Manufacturer FY 2026-27 units Share vs FY 2025-26
1 Hero MotoCorp 28,51,532 18.31% +16.0%
2 Honda 2W (HMSI) 28,00,561 17.98% +22.1%
3 TVS Motor 22,44,883 14.41% +26.2%
4 Bajaj Auto 13,77,994 8.85% +13.0%
5 Maruti Suzuki 10,37,094 6.66% +27.6%
6 Suzuki 2W 6,13,603 3.94% +10.9%
7 Royal Enfield 5,86,342 3.76% +23.5%
8 Mahindra 4,47,110 2.87% +15.3%
9 Yamaha India 3,90,403 2.51% +24.5%
10 Hyundai 2,90,525 1.87% +13.1%
11 Tata Motors (PV) 2,69,572 1.73% +28.5%
12 Tata Motors 2,12,686 1.37% +28.0%
13 Ather Energy 1,79,845 1.15% +77.4%
14 Toyota Kirloskar 1,75,492 1.13% +12.7%
15 Kia India 1,55,150 1.00% +28.6%

What India registered in FY 2026-27

Two-wheelers dominate every Indian registration total, and FY 2026-27 is no exception: two-wheelers alone accounted for 71.0% of the 1,55,77,060 vehicles registered across the period.

Taxis & Cabs grew fastest at +32.5%, and other classes slowest at −1.1%.

Market composition — FY 2026-27

Share of every vehicle registered in the period.

Registrations by segment — FY 2026-27

Exact segment volumes over April 2026 to September 2026.

Segment FY 2026-27 units Share vs FY 2025-26
Two-Wheelers 1,10,53,543 70.96% +20.5%
Cars & UVs 23,18,975 14.89% +24.7%
Three-Wheelers 7,49,582 4.81% +15.3%
Tractors 5,50,001 3.53% +20.4%
Goods Carriers 5,05,764 3.25% +25.9%
Taxis & Cabs 2,25,970 1.45% +32.5%
Other classes 96,977 0.62% −1.1%
Buses 76,248 0.49% +3.9%

Fuel mix, FY 2026-27

Battery-electric vehicles were 11.6% of every registration in FY 2026-27, against 8.8% in FY 2025-26. That is 18,11,903 electric vehicles across all segments.

Fuel labels come straight from Vahan and the split below covers the whole market over April 2026 to September 2026 — petrol includes the E20 ethanol blend, which is now the single largest label in the database.

Registrations by fuel — FY 2026-27

Every vehicle registered in the period, by fuel.

Registrations by fuel — FY 2026-27

Exact fuel volumes over April 2026 to September 2026.

Fuel FY 2026-27 units Share vs FY 2025-26 Share move
Petrol 1,10,29,442 70.81% +16.0% −3.00pp
Electric 18,11,903 11.63% +59.8% +2.83pp
Diesel 16,18,609 10.39% +19.9% −0.09pp
CNG / LPG 8,62,553 5.54% +24.6% +0.16pp
Hybrid 2,18,111 1.40% +34.4% +0.14pp
Other 36,442 0.23% +6.7% −0.03pp

Vehicle sales by financial year

Across the 2 completed windows in our Vahan record, vehicle registrations went from 2,72,53,707 in FY 2024-25 to 3,08,42,748 in FY 2025-26, up 13.2% over the stretch.

FY 2026-27 is still running — 6 of its 12 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.

Vehicle registrations by financial year

* window still in progress.

Vehicle sales by financial year
Period Months Units YoY
FY 2026-27 (to date) 6 1,55,77,060 +20.9%
FY 2025-26 12 3,08,42,748 +13.2%
FY 2024-25 12 2,72,53,707 +6.4%

Each row compares only the months that window holds, so a part period is never set against a full one.

Where the demand was, FY 2026-27

Uttar Pradesh registered the most vehicles of any state in FY 2026-27 — 20,52,442, 13.2% of the national total.

The top five states together account for 46.6% of every vehicle registered in the period.

Top states by registrations — FY 2026-27

All vehicle types, exact for the period.

Top states — FY 2026-27
# State Units Share vs FY 2025-26
1 Uttar Pradesh 20,52,442 13.2% +14.6%
2 Maharashtra 16,64,393 10.7% +18.2%
3 Tamil Nadu 13,35,576 8.6% +35.6%
4 Karnataka 11,06,852 7.1% +25.6%
5 Gujarat 11,02,462 7.1% +19.4%
6 Rajasthan 8,45,967 5.4% +23.2%
7 Madhya Pradesh 7,84,188 5.0% +11.9%
8 Bihar 7,72,324 5.0% +21.0%
9 West Bengal 6,85,075 4.4% +18.1%
10 Kerala 5,83,172 3.7% +34.6%
11 Telangana 5,65,572 3.6% +19.2%
12 Haryana 5,65,080 3.6% +19.7%
13 Andhra Pradesh 5,52,359 3.5% +39.8%
14 Odisha 4,77,898 3.1% +21.1%
15 Delhi 4,40,261 2.8% +17.0%

Frequently asked questions

How many vehicles were sold in India in FY 2026-27?
1,55,77,060 vehicles were registered in India in FY 2026-27 up to the end of September 2026, according to Vahan registration data covering April 2026 to September 2026. That is +20.9% against the 1,28,79,778 registered over the same months of FY 2025-26.
What period does FY 2026-27 cover?
FY 2026-27 runs April to March — 6 of its 12 months are complete in this data, April 2026 to September 2026. India's financial year runs from 1 April to 31 March, which is the year every listed automaker reports on.
Which manufacturer sold the most vehicles in FY 2026-27?
Hero MotoCorp led with 28,51,532 registrations across the period, ahead of Honda 2W (HMSI) on 28,00,561. These are each manufacturer's total across every vehicle type it sells, so they are whole-company registrations.
Which was the strongest month for vehicle sales in FY 2026-27?
April 2026 at 27,26,472 registrations. The quietest was August 2026 at 24,65,170, and the period averaged 25,96,177 vehicles a month.
What will full-year FY 2026-27 vehicle sales be?
We do not forecast. At the pace of the 6 months already counted, FY 2026-27 would finish near 3,11,54,120 vehicles, but the festive quarter swings that number more than any other factor — this page is updated as each month closes.
Which financial year had the highest vehicle sales?
Of the 3 comparable windows in our record, FY 2025-26 is the largest at 3,08,42,748 registrations.
Are these retail sales or factory dispatches?
Retail. Every figure is a vehicle registration recorded on the Ministry of Road Transport & Highways' Vahan 4 dashboard — the same source FADA uses — not the wholesale dispatch numbers manufacturers announce each month. Registrations reach Vahan a few days after the sale, so recent months keep rising slightly for a while after they close.

Vehicle sales, other periods

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.

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