Rattibha

🚌EV Buses
🚌India aims to add 50,000 electric buses to its roads by 2027
🚌12 companies that are driving the revolution in green transport through electric bus and its component manufacturing
[A thread...]🧵👇

⚡️Olectra Greentech Ltd.:
The Co is engaged in the manufacturing of composite polymer insulators & electrical buses. It is the first OEM to achieve a milestone of 10,000+ e-bus orders.
🔶Key Metrics:
🔹M Cap: ₹14,960 Cr
🔹CMP: ₹1,823
🔹P/E: 195
🔹3 Years Sales Growth: 60.1%

⚡️Olectra Greentech Ltd.:
The Co is engaged in the manufacturing of composite polymer insulators &am...

⚡️JBM Auto Ltd.:
🔹The company focuses on e-bus production, having delivered 4,500 orders in three years, and expects 30% of its revenue from this segment in fiscal 2024.
🔹 It has launched Project Topaz, an EV bus facility with a 10,000-bus capacity, and Project Everest for innovative products in the 12m and 13.8m segments.

🔶Key Metrics:
🔹M Cap: ₹24,808 Cr
🔹CMP: ₹2,098
🔹P/E: 139
🔹3 Years Sales Growth: 36.2%

⚡️Tata Motors Ltd.:
The co operates its EV bus segment through its WOS, TML Smart City Mobility Solution Ltd., which provides an own-maintain-and-operate model with a per-km rate.
🔶Key Metrics:
🔹M Cap: ₹3,51,983 Cr
🔹CMP: ₹960
🔹P/E: 10.9
🔹3 Years Sales Growth: 20.6%

⚡️Eicher Motors Ltd.:
The company has signed MoUs with Amazon India and Greencell Mobility to supply 1000 electric trucks and buses each over the next 5 years.
🔶Key Metrics:
🔹M Cap: ₹1,31,132 Cr
🔹CMP: ₹4,789
🔹P/E: 32.8
🔹3 Years Sales Growth: 23.8%

⚡️Ashok Leyland Ltd.:
The company specializing in electric buses & trucks and has secured a significant order for 552 buses from the Tamil Nadu State Transport Corporation.
🔶Key Metrics:
🔹M Cap: ₹64,775 Cr
🔹CMP: ₹221
🔹P/E: 25.6
🔹3 Years Sales Growth: 33.0%

⚡️Precision Camshafts Ltd.:
The company has developed India's first mid-size retrofitted E-Bus using EMOSS technology & is in process of establishing its first EV plant in Solapur.
🔶Key Metrics:
🔹M Cap: ₹1,829 Cr
🔹CMP: ₹193
🔹P/E: 64.8
🔹3 Years Sales Growth: 13.3%

⚡️Automotive Axles Ltd.:
Co is engaged in manufacturing & supplying automotive parts to major domestic & global manufacturers of trucks, buses (LCV, MCV, HCV) & off-highway vehicles.
🔶Key Metrics:
🔹M Cap: ₹2,983 Cr
🔹CMP: ₹1,974
🔹P/E: 17.3
🔹3 Years Sales Growth: 34.6%

⚡️Wardwizard Innovations & Mobility Ltd.:
The company will set up a plant to produce Brushless DC Motors for Joy their own use and supply to electric vehicle OEMs across India.
🔶Key Metrics:
🔹M Cap: ₹1,357 Cr
🔹CMP: ₹52.0
🔹P/E: 95.9
🔹3 Years Sales Growth: 101%

⚡️Subros Ltd.:
The company is expanding in buses and electric mobility, developing an Electric Air-conditioning system with Integrated Battery Management for Hydrogen Cell Buses.
🔶Key Metrics:
🔹M Cap: ₹3,983 Cr
🔹CMP: ₹610
🔹P/E: 40.8
🔹3 Years Sales Growth: 19.6%

⚡️Gensol Engineering Ltd.:
The company offers comprehensive EV leasing solutions for various vehicles, including passenger cars, commercial vehicles, buses and more.
🔶Key Metrics:
🔹M Cap: ₹3,725 Cr
🔹CMP: ₹984
🔹P/E: 68.9
🔹3 Years Sales Growth: 69.5%

⚡️Mercury EV-Tech Ltd.:
The company plans to make off-road buses with seating for 26, 38 & 52 passengers for the multinational corporations.
🔶Key Metrics:
🔹M Cap: ₹1,257 Cr
🔹CMP: ₹71.6
🔹P/E: 582

⚡️Sona BLW Precision Forgings Ltd.:
The company will focus on light passenger and commercial vehicles, as well as electric buses, over the next three years.
🔶Key Metrics:
🔹M Cap: ₹37,395 Cr
🔹CMP: ₹638
🔹P/E: 76.1
🔹3 Years Sales Growth: 27.4%

⚡️Disclaimer: The above data should not be considered as a Buy or Sell recommendation. The analysis has been done for educational and learning purpose only.

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