1 MarkeL share 18 and ls sLlll growlng and Lhls ls due Lo Lhe lmprovlng share of scooLers

ln LoLal Lwowheeler lndusLry sales abouL 14 per cenL ln 200708 scooLers now accounL
for 173 per cenL of Lhe LoLal Lwowheelers sold 1hls bodes well for 1vS as lL ls Lhe
second largesL player and has a wlde range of producLs from 60110 cc (ScooLy 1eenz Lo
Wego) ln Lhls segmenL
2 ulverslfled porLfollo wlLh hlgh margln pays off1he sLrengLhenlng of 1vSs porLfollo ln
blkes and scooLers a fooLhold ln Lhe hlgher margln Lhreewheelers and good prospecLs
for exporLs are poslLlves for Lhe company 1he company ls already exporLlng Lhree
wheelers Lo Srl Lanka and 8angladesh and has added LgypL Lo Lhe llsL recenLly
3 lor Lhe quarLer ended !une 2011 neL sales grew by 23 per cenL yearonyear Lo 8s 1707
crore and neL proflLs by 43 per cenL Lo 8s 39 crore CperaLlng marglns remalned sLable
aL 68 per cenL
4 LoLal revenue grew from 8s 443014 crores ln Lhe year Aprll Lo March 2010 Lo 8s
628931 crores ln Lhe year ended March 2011 1he company exporLed 239 lakh unlLs ln
2010 2011 compared Lo 163 lakh unlLs ln 200910 a growLh of 43 over Lhe prevlous
year roflL AfLer 1ax durlng Lhe year ended March 2011 sLood aL 8s19238 crores as
agalnsL 8s 8801 crores reglsLered ln Lhe correspondlng perlod ln 200910
3 1he company wlLnessed CrowLh ln economles of scale due Lo expanslon ln lLs
lnLernaLlonal buslness wlLh enLry ln Lo new counLrles lLs lnLernaLlonal buslness saw a
slgnlflcanL lncrease wlLh sales growlng by 36 uurlng Lhe year Lhe companys Lwo
wheelers enLered Lwo more counLrles Mexlco 8razll 1he companys 3 wheeler also
enLered LgypL durlng Lhe year
6 uurlng Lhe year Lhe company seL a precedenL by lnLroduclng A8S (AnLllock 8raklng
SysLem) on a moLorcycle for Lhe flrsL Llme ln Lhe hlsLory of Lhe lndlan Lwo wheeler
lndusLry
7 8lslng peLrol prlces and hlgher lnLeresL raLes have caused a noLable shlfL from four
wheelers Lo Lwo wheelers and Lhls ls prlmarlly Lhe reason for 1vS MoLor Companys
remarkable progress luel prlces have rlsen 3 Llmes slnce uecember 2010