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INDUSTRIAL ANALYSIS REPORT

ON

GROWTH OF CAR INDUSTRY IN INDIA

AN A+ RATED BUSINESS SCHOOL

SCHOOL OF MANAGEMENT SCIENCES


VARANASI

Submitted To:

Submitted By:

Mr. Satyendra Pratap Singh


Reader
SMS-VARANASI

Aman Zaheer
IRM/03/03
PGIRM

INDUSTRY ANALYSIS REPORT


ON

GROWTH OF CAR INDUSTRY IN INDIA

Submitted To:
Mr. Satyendra Pratap Singh
Reader
SMS-VARANASI

Submitted By:
Aman Zaheer
IRM/03/03
PGIRM

PREFACE

Industry analysis is finding of data, relevant to specific industry. This project is a


written presentation with observation and references derived from the secondary data.
The report starts by giving an industry profile, internal view about the company and
their product line. In order to achieve the objective and better under stand the problem
of industry, it was decided to collect the secondary data concerning to particular
industry.
Industry profiling was aimed to know the status of different car firms. All the findings
are analysed through tabulation data, graph, chart and percentage. At the last of the
report you can find the suggestions and the recommendations based on the
information gathered by data.

AMAN ZAHEER

DECLERATION

I, AMAN ZAHEER student of PGDM (IRM) I st Semester at SMS, Varanasi here by


declare that the Industrial analysis Growth of Car industry in India is the result of
my own effort, is raised on information collected, guidance given by my mentor &
faculty member.
The industrial analysis is correct to the best of my knowledge this report so far has not
been published anywhere else.

AMAN ZAHEER

ACKNOWLEDGEMENT

Nothing can be gained or acquired without hard work which leads to success.
The success of my project is the amalgamation of my hard work and cooperation of
respondents, who delivered their precious time without any hesitation.
I do not have adequate words to convey my emotion rather than feeling of gratitude,
for the people who helped me in making my project report purposeful.
I take the opportunity to convey my sincere gratitude to my research mentor
Mr. Satyendra Pratap Singh for his helpful guidance during my survey period.
First of all I would like to thank God and my parent who showered their blessing
upon me in each step of my survey. I am highly thankful and immensely obliged for
his constant guidance and words of inspiration.
Last but not the least, I specially wish all my friends especially Gaurav, Prasun and
Subodh as without their valuable support this report would have not been possible.

Aman Zaheer
PGIRM
IRM/03/03

CONTENTS

1. INTRODUCTION

1-26

INDUSTRY OVERVIEW
MAJOR PLAYERS IN CAR INDUSTRY
2. RESEARCH OBJECTIVES

27

3. RESEARCH METHODOLOGY

28

4. INDIVIDUAL PERFORMANCE OF
COMPANIES

29-39

5. COMPARATIVE ANALYSIS OF CAR


COMPANIES

40-48

5. FINDINGS

49-51

6. CONCLUSION

52

7. SUGGESTION S

53-54

8. LIMITATIONS

55

9. BIBLIOGRAPHY

56

10. ANNEXURE

57-61

INTRODUCTION

INDUSTRY OVERVIEW
As per the history of Automobile Companies in India, in the late 1890's Tata Motors
launched its first truck in India. It was done in collaboration with Mercedes-Benz.
Though automobiles were introduced to India in the late 19th century, it was only
after the Indian independence in 1947 that India started manufacturing automobiles.
Some of the early Automobile Companies in India are:
Hindustan
Premier
Tata

Motors

Automobiles

Motors

Maruti

Suzuki

Sanjay Gandhi was the first Indian politician who championed the need for a
"people's car". Thus the state-owned firm, Maruti Udyog, was launched and gained
over 50% market share.
After the liberalization in 1991, India's Automobile Industry grew in leaps and
bounds. With the growth in the Indian economy, big international car manufacturers
like General Motors, Ford, Toyota, Honda, Hyundai, Rolls Royce, Bentley and
Maybach entered the Indian market. Earlier in the 1920's Rolls Royce collections was
the maharajas status symbol. With time the middle class also started possessing their
own automobiles.
With the introduction of several automobiles in India, highways or expressways were
constructed. The renowned international automakers like Ford, Suzuki, GM and
Honda have their manufacturing bases in India. But, Automobile Industry in India is
dominated by domestic companies like Maruti Suzuki, Tata Motors, Mahindra &
Mahindra,

Ashok

Leyland

and

Bajaj

Auto.

Today Indian automotive industry is fully capable in producing various kinds of


vehicles and can be divided into 03 broad categories: Cars, two-wheelers and heavy
vehicles.

Milestones achieved: The milestones achieved by the Automobile Companies in


India are:

The first automobile in India rolled in 1897 in Mumbai.

International players are adding to their investments in Indian

As far as the two-wheelers are concerned, motorcycles contribute 80% of the

auto industry.

segment size.

The Indian passenger vehicle market is dominated by cars by 79%.

Indias Automobile Industry is the largest three-wheeler market in the world.

India is the second largest tractor manufacturer in the world.

The Automobile Industry in India is the fifth largest commercial vehicle

manufacturer in the world.

India is the fourth largest car market in Asia.

Latest News in the Industry: The latest in the world of Indian Automobile
Companies are:

Hyderabad is coming up with the first automobile mall of the country by 2008.

It will also comprise a multi-purpose convention centre and product launches.

The latest car in the Indian Automobile Industry is the Tata Nano. It costs

approx US$ 2,500. While Bugatti Veyron, another new car, costs over US$ 2
million.

Facts have revealed that the Automobile Industry in India employs 13 million

individuals in India. This industry contributes about 3.1% of India's GDP


(nominal).

Renault Nissan Automotive India Private Limited (RNAIPL) is launching its

new passenger vehicle plant in Chennai, India which is expected to begin


operations in 2010.

India launched its first hybrid car, the sedan Civic by Japans Honda Motor Co

on Wednesday, June 18, 2008.

Due to levying of additional excise duty by the government, there is a hike in

the cost of imported luxury cars.

CARS BY PRICE RANGE

Under Rs 3 Lakhs

Rs 3-5 Lakhs

Rs 5-10 Lakhs

Rs 10-15 Lakhs

Rs 15-30 Lakhs

Maruti 800, Alto, Omni

Ambassador
Fiat Palio
Hyundai Santro, Getz
Chevrolet Opel Corsa
Maruti Zen, Wagon R, Versa, Esteem, Gypsy
Ford Icon &Fiesta
Tata Indica, Indigo
Mahindra Bolero
Chevrolet Swing, Optra, Tavera
Hyundai Accent, Elantra
Mahindra Scorpio
Maruti Baleno
Toyota Corolla, Innova
Tata Safari
Mitsubishi Lancer, Lancer Cedia
Honda City
Ford Mondeo & Endeavour
Chevrolet Forester
Skoda Octavia Classic & Combi
Honda Civic

Maruti Suzuki Grand Vitara


Hyundai Sonata Embara, Terracan & Tucson
Mitsubishi Pajero
Audi A4
Opel Vectra
Honda Accord
Mercedes C Class
Toyota Camry

Above Rs 1 Crore

Bentley Arnage, Continental GT & Flying Spur


Rolls Royce Phantom
Maybach

TATA MOTORS
Leading the future

TATA MOTORS LTD.


Leading the Future

Company Background
Tata Motors Ltd (TML), widely known as TELCO, is one of the oldest Indian
automobile companies. The company was established in 1945 as Tata Engineering
and Locomotive Co Ltd (TELCO), primarily to manufacture locomotives and other
engineering products. The company's first automobile, a commercial vehicle, was
launched in 1954 in collaboration with Daimler Benz AG of West Germany.
Today, Tata Motors is India's largest Indian automobile company with annual
revenues of Rs.32, 125.3 crore (2006--07) and a manufacturing capacity of 6.8 million
vehicles. The company claims to be the world's fifth largest medium and heavy truck
manufacturer and the second largest heavy bus manufacturer.
The company is the leader in the Indian commercial vehicles space and the third
largest in the Indian passenger vehicles space with presence in compact, mid--size car
and multi--utility vehicles. These automobile segments together accounted for nearly
93 per cent of the company's revenues in 2006--07. Other segments which account for
the balance include diesel engines for marine applications, spare parts and castings.
Primarily a heavy truck manufacturer, the company commands a significant 60.2 per
cent market share of the total medium and heavy commercial vehicles (M&HCVs)
market. Its share in the light commercial vehicle (LCV) segment was 64.5 per cent.
Since 2003--04, TML has ramped up its capacity at a robust pace in each subsequent
year to 6.8 lakh vehicles in 2006--07. And, with an envisaged investment of Rs.11,
940 crore (till January 2008) capacity will nearly double to 13.2 lakh vehicles per
annum by 2008--09.over 2,000 touch- The company's manufacturing base is spread
across Jamshedpur in east, Pune in west and Lucknow in the north. With ongoing

expansion plans, the company would house its new LCV plant at Uttarakhand and its
Rs.one lakh passenger car plant at Singur in West Bengal. The company has a huge
nation--wide dealership, sales, services and spare parts network comprising points. Its
global presence includes assemblies in Malaysia, Bangladesh, Ukraine, Kenya and
Russia. Tata cars, buses and trucks are also being separately marketed in several
Countries in Europe, Africa, the Middle East and South East Asia.
TML's largest industrial joint venture is with the Italian auto major -- Fiat Auto to
manufacture passenger cars, engines and transmissions for the Indian and overseas
markets in India entered in 2006. It has also formed a JV with Marcopolo, a Brazil
based buses and coaches body-builder in 2006 and and with Thonburi Automotive
Assembly Plant Company of Thailand to manufacture and market pickups in Thailand
in 2006. Its largest international footprint includes Jaguar Land Rover acquisition in
June 2008 and acquisition of Korea's second largest truck maker-- Daewoo
Commercial Vehicle Company in 2004 which is now re--christened as Tata Daewoo
Commercial Vehicle Company. The company has also acquired a 21% stake in
Hispano Carrocera, a Spanish bus and coach manufacturer (2005).
The company developed India's first indigenous light commercial vehicle-- Tata 407
in 1986. In 1998 the company developed India's first sports utility vehicle-- Tata
Safari and the first indigenously manufactured passenger car-- Tata Indica. In
September 2004, Tata Motors became the first company from Indian engineering
sector to be listed on the New York Stock Exchange. In January 2008, the company
unveiled the world's cheapest car -- Tata Nano for Rs.one lakh (ex-- dealer)

Tata

Motors is an arm of one of the largest Indian business conglomerates -- the Tata
Group whose revenues in 2006--07 crossed Rs.1, 000 billion. The group companies
together hold a controlling stake of 33.4 per cent in the company.

Products and Brands


Passenger Cars: Indica V2, Indigo, Indigo Marina
Indigo SX, Indica V2 Turbo, Indica Xeta
Utility Vehicles:

Safari Dicor, Sumo

CONTACT INFORMATION

Tata Motors Ltd.


Registered office

Address

Street

Bombay House, 24, Homi Mody Street,


Fort,

City

Mumbai

State

Maharashtra

Email address

inv_rel@tatamotors.com

Website

www.tatamotors.com

Pincode

Telephone and fax


numbers

Country code

91

Tel no.

022-66658282

Fax no.

022-66657799

AWARDS AND ACCOLADES

400001

2003

Awarded with the Golden Peacock Environment


Management Award in the category of large
Manufacturing by the World Environment Foundation, New
Delhi.
Won the Jamnalal Bajaj Uchit Vyavahar Puraskar
For fair business in the manufacturer-large
Category ,converred by the Council for Fair
Business Practices.
The commercial vehicle business unit was presented with a
commendation certificate for
Stong commitment to TQM.
Tata Indigo was voted as the most exciting new car by the
ICICI Bank and OverdriveAwards

2002

The Indian Merchants Chamber Diomand Jubilee


Endowment Trust Award was presented with the
Industry and Technology Award.
Tata Indica was presented with the voice of customer
award for the best diesel small car at NFO Automotive
India.
Tata Motors ,Jamshedpur, was presented with the
Prestigious Prof Vasant Rao rolling trophy,instituted by
Indian Value Engineering Society, in the area of value
engineering.

Comfortable, safe, all-weather car, high on fuel


efficiency & low on emissions

Chairman of the Tata Group and Tata Motors, today unveiled the Tata NANO, the
Peoples Car from Tata Motors that India and the world have been looking forward to.
A development, which signifies a first for the global automobile industry, the Peoples
Car brings the comfort and safety of a car within the reach of thousands of families.
The

Peoples

Car

will

be

launched

in

India

later

in

2008.

Speaking at the unveiling ceremony at the 9th Auto Expo in New Delhi, Mr. Ratan N.
Tata said, I observed families riding on two-wheelers the father driving the scooter,
his young kid standing in front of him, his wife seated behind him holding a little
baby. It led me to wonder whether one could conceive of a safe, affordable, allweather form of transport for such a family. Tata Motors engineers and designers
gave their all for about four years to realise this goal. Today, we indeed have a
Peoples Car, which is affordable and yet built to meet safety requirements and
emission norms, to be fuel efficient and low on emissions. We are happy to present
the Peoples Car to India and we hope it brings the joy, pride and utility of owning a
car

to

many

families

who

need

personal

mobility.

Stylish, comfortable
The Peoples Car, designed with a family in mind, has a roomy passenger
compartment with generous leg space and head room. It can comfortably seat four
persons. Four doors with high seating position make ingress and egress easy.
Yet with a length of 3.1 metres, width of 1.5 metres and height of 1.6 metres, with
adequate ground clearance, it can effortlessly manoeuvre on busy roads in cities as
well as in rural areas. Its mono-volume design, with wheels at the corners and the

power train at the rear, enables it to uniquely combine both space and
manoeuvrability, which will set a new benchmark among small cars.
When launched, the car will be available in both standard and deluxe versions. Both
versions will offer a wide range of body colours, and other accessories so that the car
can be customised to an individuals preferences.

Fuel-efficient-engine
The Peoples Car has a rear-wheel drive, all-aluminium, two-cylinder, 623 cc, 33 PS,
multi point fuel injection petrol engine. This is the first time that a two-cylinder
gasoline engine is being used in a car with single balancer shaft. The lean design
strategy has helped minimise weight, which helps maximise performance per unit of
energy consumed and delivers high fuel efficiency. Performance is controlled by a
specially designed electronic engine management system.

Meets all safety requirements


The Peoples Cars safety performance exceeds current regulatory requirements. With
an all sheet-metal body, it has a strong passenger compartment, with safety features
such as crumple zones, intrusion-resistant doors, seat belts, strong seats and
anchorages, and the rear tailgate glass bonded to the body. Tubeless tyres further
enhance safety.

Environment-friendly
The Peoples Cars tailpipe emission performance exceeds regulatory requirements. In
terms of overall pollutants, it has a lower pollution level than two-wheelers being
manufactured in India today. The high fuel efficiency also ensures that the car has low
carbon dioxide emissions, thereby providing the twin benefits of an affordable
transportation solution with a low carbon footprint.

MARUTI SUZUKI
Count on us

MARUTI SUZUKI INDIA LTD.


Count on Us

Company Background
Maruti Suzuki, formerly known as Maruti Udyog is one of India's leading automobile
manufacturers and the market leader in the passenger car segment. The company was
established in February 1981 through an act of Parliament, as a Government company
in technological collaboration with Suzuki Motor Corporation (SMC) of Japan. The
government held a controlling stake of 74 per cent with SMC holding the rest. Over
the years, SMC has increased its stake in the company to 54.2 per cent as on 31
March 2008. Post liberalisation of the automobile industry in 1992, the government
gradually divested its stake in the company and exited it completely in May 2007.
Maruti's first product -- Maruti 800 made its debut in December 1983, when there
were only two car companies in India. Suzuki's car technology helped the company
gain a strong foothold in the Indian car market. The company has led the Indian car
market for over two decades and became the first Indian car company to mass
produce and sell more than a million cars by 1994. Till March 2007, the company has
produced and sold over six million cars.

Maruti accounts for over 50 per cent of the total Indian passenger car market with
respect to volumes. However, in terms of revenues generated from car sales, the
company's market share stood at 38.5 per cent in 2005--06. It has a negligible one per
cent share of the MUV segment. Maruti derives nearly 93 per cent of its income from
automobile sales while spares, dyes, moulds and services account for the rest.
The company has a portfolio of 11 car brands with over 50 variants, including the
people's car -- Maruti 800, compact cars -- Alto, Zen Estilo and WagonR, premium

compact car -- Swift, off-roader jeep -- Gypsy, mid-size sedan -- Swift DZire, luxury
sedan -- SX4, MPVs -- Omni and Versa and luxury SUV -- Grand Vitara.
Maruti has predominantly been a small car maker. Mini and compact cars make up
for around 83 per cent of total cars sold by the company. Through its subsidiaries, the
company also provides allied services like sale and purchase of pre-owned cars, lease
and fleet management service for corporate clients, insurance and finance services,
etc. The company topped the customer satisfaction survey conducted by J.D.Power &
Associates for the eighth successive year in 2007. Through a network of 500 dealer
outlets and 2,445 service workshops, Maruti's national reach is spread over 1,172
cities, the largest network by any automobile company.
The company's registered office is in Delhi and its plants are located in Gurgaon and
Manesar, south of Delhi. The Gurgaon plant has an installed capacity of 3.5 lakh cars
per annum. In 2006--07, the company took over Maruti Suzuki Automobiles India Ltd
having a facility at Manesar housing a car manufacturing plant with a capacity of one
lakh cars per annum and a diesel engine manufacturing plant with a capacity of one
lakh units per annum. Maruti has optimally utilised its capacity over the years. Its
capacity utilisation level has crossed 100 per cent in each of the last five years. The
Gurgaon and the Manesar facilities have a combined capability of producing over
seven lakh vehicles per annum. The company has chalked out an investment plan of
Rs.9, 000 crore to expand its installed capacity to one million cars by 2010

Products & Brands


Four Wheelers: Maruti Alto, Maruti Baleno, Maruti Esteem,
Maruti Gypsy, Maruti Omni, Maruti Swift,
Maruti Versa, Maruti Vitara, Maruti Wagon-R
Maruti Zen, Maruti SX4

CONTACT INFORMATION

Registered office:

Address:

Street:

11th Floor, Jeevan Prakash Building, 25,


Kasturba Gandhi Marg,

City:

New Delhi

State:

Delhi

Email address:

investors@maruti.co.in

Website:

www.marutiudyog.com

Telephone and fax numbers


Tel no:

011-23316831

Fax no:

011-23713575

AWARDS AND ACCOLADES


2005

Number one in JD power SSI for the second


consecutive year.

Number one in JD Power CSI for the sixth time


In a row-the only car to win it so

many times.

M800 ,Wagon R and Swift topped their segments


In the TNS Total Customer Satisfaction Study
Leadership in the JD Power Initial Quality Study
Alto number one in this segment for a second time in
a row.

Wagon R and Esteem top their segments in the JD


power APEAL Study

HYUNDAI
Drive your way

HYUNDAI MOTOR INDIA LIMITED


Drive your way

Company Background
Hyundai Motor India Limited (HMIL), was incorporated in the year 1996. It is a
wholly owned subsidiary of Hyundai Motor Company (HMC) of South Korea, a
Hyundai Motor Group.
Currently Mr. H. S. Lheem is the Managing Director of Hyundai Motor India
The product range manufactured by HMIL are passenger cars, vehicles spare parts,
engines and transmission systems. HMIL presently markets over 32 variants of
passenger cars in six consumer segments. The model it has rolled out in India ranges
from small cars to Sports Utility Vehicles with brand names like Santro, Getz, Accent,
Elantra, Sonata, Tucson and Terracan. Hyundai's fully integrated manufacturing plant
consists of presses for the body panels, paint shop, final assembly, engine and
transmission lines, aluminium foundry, plastic intrusion unit, engine and transmission
unit, test track and in-house R&D centre. The production management processes at
Hyundai Motor India implement a wide range of management techniques like Just-intime inventory management, Kaizen, TPM and TQM that help it in making the world
class cars, right here in India.
The registered office of Hyundai Motor India Limited is in Kancheepuram (Tamil
Nadu) and its passenger cars are manufactured in Irungattukkotai (TN). HMIL has its
dealer network and its service network spread across the country. Internationally,
Hyundai has a joint venture with Daimler Chrysler and Mitsubishi. Besides it has a
strategic partnership with United Technologies Corporation, USA for the
development of fuel cell vehicles and with Capstone Turbine Corp, USA for the
development of gas turbine hybrid engines for cars and CVs.

Products & Brands


Santro Xing

Elantra

Getz

i10

Accent

CONTACT INFORMATION

Hyundai Motor India Ltd.


Registered office
Address:
Street

City

Plot No.H-1, SIPCOT Indl.


Park,
Irugattukottai,
Sriperumbudur Taluk,
Kancheepuram

State

Tamil Nadu

Website

www.hyundaimotorindia.c
om

Pinco
de

60210
5

Telephone and fax


numbers
Country code

Area
91 code

Tel no.

47100000

Fax no.

47100100

44

MAHINDRA
&
MAHINDRA

MAHINDRA & MAHINDRA


Company Background
Mahindra and Mahindra (MNM) were incorporated in 1945 and is one of the flagship
companies of the Mahindra Group. MNM's core businesses are manufacturing,
distribution and sale of farm equipment and utility vehicles.
The majority stakeholders of the company are institutional investors holding above 56
percent and the Indian promoters holds more than 22 percent while the Indian public
hold above 10 percent of stake in the company. Mr. Keshub Mahindra is the chairman
of the company.
MNM manufactures utility vehicles and tractors. In the automobile sector the
company manufactures LCVs, cars, jeeps, multi utility vehicle's and three wheelers.
Its activities in the farm equipment sector comprise of designing, development,
manufacturing and marketing of tractors, farm implements, basic and advanced agri
implements, earth moving and construction equipment and manufacturing of
industrial engines.
In the defense sector the company manufactures light armoured multi role vehicle,
simulators for weapons & weapon systems, mobile surveillance platforms, sea mines
and small arms. It has ventured into 3-wheeler segment with an electric-batteryoperated vehicle through its subsidiary Mahindra Eco Mobiles.
MNM has its registered office in Mumbai and its plants are in Maharashtra, Uttar
Pradesh, Rajasthan and Andhra Pradesh. The company has sales offices with a
supporting network of dealers throughout the country. MNM also has a presence in
the International market. The Company has entered into a JV with Renault of France

for the manufacture of a mid-sized sedan, the Logan, and with International Truck &
Engine Corporation, USA, for manufacture of trucks and buses in India.

Products & Brands


Bolero
Bolero Camper
MaXX
Scorpio
Marshall DI
Marshall Deluxe

CONTACT INFORMATION

Mahindra & Mahindra Ltd.


Registered office
Address:
Street

Gateway Building, Apollo


Bunder,
Pinco
de

City

Mumbai

State

Maharashtra

Website

www.mahindra.com

40000
1

Telephone and fax


numbers
Country code

Area
91 code

Tel no.

22021031

Fax no.

22875485

22

HINDUSTAN
MOTORS

HINDUSTAN MOTORS
Company Background
Mr. B. M. Birla founded Hindustan Motors in the year 1942 by setting a plant at Port
Okha, Gujarat. Later in 1948 it moved to Uttarpara, West Bengal. Today Hindustan
Motors is the Flagship Company of the C.K. Birla group. The Indian promoters have
equity holding of about 30 percent. Indian public holds above 41 percent of
company's equity while institutional investors own nearly 10 percent. Currently Mr.
C. K. Birla is the chairman of the company. Hindustan Motors manufactures
passenger cars, heavy commercial vehicles, utility vehicles, car engines, power
products, earth moving equipment like dumpers, loaders, etc. Some of the names of
the products of the company are Ambassador & Contessa, Trekker, Porter, Pushpak &
Bedford trucks, Mitsubishi Lancer & Mitsubishi Pajero.
In collaboration with OKA Motor Company, Australia, HML manufactures the RTV,
which is available in diesel, petrol, CNG/LPG variants. The company's engineering
division support solutions such as, production optimization, trouble-shooting solution,
engineering information, management solutions and implementation for the
engineering industry. The registered office of Hindustan Motors is in Kolkata,
besides its owns 3 plants one in Uttarpara (WB), the second in Thiruvallur (Tamil
Nadu), & the third in Pithampur (MP). The Automobile division at Uttarpara, West
Bengal manufactures Passenger Cars and Multi Utility Vehicles, while Thirivallar
plant exclusively manufactures Mitsubishi Lancer. The RTV is manufactured at the
Pithampur plan

Hindustan Motors has a technical collaboration with Mitsubishi

Motors, Japan and OKA Motor Company, Australia. The Earth Moving Equipment
Division has collaborations with Caterpillar U.S.A., Terex and with Fermac U.K.

CONTACT INFORMATION

Hindustan Motors Ltd.


Registered office
Address

Street

Birla Building', 9/1, R N


Mukherjee Road,

City

Kolkata

State

West Bengal

Website
Telephone and fax
numbers
Country code

Pinc
ode

7000
01

Area
91 code

33

hmcosecy@hindmotor.com

Tel no.

22420932

Fax no.

22480055

RESEARCH OBJECTIVES

1. To analyse the income of different car companies.


2. To find out the sale of different car companies.
3. To analyse PBT & PAT of major car companies.
4. To find out Growth percent of Total Income of car manufacturing company.
5. To find out Growth percent of PAT of car manufacturing companies.
6. To analyse Growth percent of Net Worth of car manufacturing companies.
7. To analyse Growth percent of Total Assets of car manufacturing company.

RESEARCH METHODOLOGY

Research is a careful investigation or the inquiry through search for the facts in
the branch of knowledge. Research methodology refers to the methods, technique
that are used for the activities involved in performing the research operations such
as making observation, recording data etc.
Problem definition

Growth of Car Industry in India

Analytical and descriptive

Secondary Data

CMIE Database

Bar Graph

Types of research

Types of Data

Sources of Data

Statistical Tools

INDIVIDUAL PERFORMANCE
OF
COMPANIES

Performance of Tata Motors

Tata Motors Ltd.

Mar 2003

Total income (Rs.


Cr.)
Sales

Mar 2004

Mar 2005

Mar 2006

Mar 2007

10917.62

15593.64

20712.32

24375.95

32189.1

10607.73

15208.74

20217.42

23439.41

31000.71

PAT

300.11

810.34

1236.95

1528.88

1913.46

PBT

510.69

1292.89

1652.45

2053.81

2573.18

35000
30000
25000
Total income

20000

Sales
PAT

15000

PBT

10000
5000
0
Mar 2003 Mar 2004 Mar 2005 Mar 2006 Mar 2007

Interpretation
In this graph we can see that Total Income, Sales, PBT, PAT is given. By analysing
this graph we can find that there is an increase in total income and total sales of Tata
Motors over a period of 2003-2007.There is a constant increase in Total Income and
sales .But there is fluctuation in PBT and PAT over this period.

Company performance

Growth (%)
Total income

Mar 2003

Mar 2004

21.175212

Mar 2006

Mar 2007

42.830031

32.825434

17.688168

32.0527

170.01433

52.645803

23.600792

25.154361

4.139453

39.122356

14.611036

34.284172

24.327034

2.0689121

22.888959

35.875348

16.917307

20.892225

PAT

NA

Net worth
Total assets

Mar 2005

180
160
140
120

Total income

100

PAT
Net worth

80

Total assets

60
40
20
0
Mar 2003

Mar 2004

Mar 2005

Mar 2006

Mar 2007

Interpretation
In this graph we can se that Growth (%) in Total Income, PAT, Net Worth and Total
Assets is given. By analysing this graph we can find that there is a vast increase in
PAT in the year 2004 and there is stability in other things over this period of 20032007.

Performance of Maruti Suzuki

Maruti Suzuki
India Ltd.

Mar 2003

Total income

Mar 2004

Mar 2005

Mar 2006

Mar 2007

9462.8

11476.3

13777.8

15420.9

17917.7

Sales

9203.8

11128.1

13485.9

15125.2

17458

PBT

269.5

793.6

1300.1

1750

2267.3

PAT

146.4

542.1

853.6

1189.1

1562

20000
18000
16000
14000
12000
10000
8000
6000
4000
2000
0

Total income
Sales
PBT
PAT

Mar 2003

Mar 2004

Mar 2005

Mar 2006

Mar 2007

Interpretation
In this graph we can se that Total Income, Sales, PBT, PAT is given. By analysing
this graph we can find that there is an increase in total income and total sales of
Maruti over a period of 2003-2007.But there is fluctuation in PBT and PAT over this
period.

Company Performance
Growth (%)

Mar 2003

Mar 2004

Mar 2005

Mar 2006

Mar 2007

Total income

0.499161

21.278057

20.054373

11.925707

16.191014

PAT

40.095694

270.28689

57.461723

39.304124

31.359852

Net worth

16.274487

18.795069

22.487342

24.5227

25.699666

Total assets

13.535722

4.9767884

13.6863

17.927042

33.28918

300
250
200

Total income
PAT

150

Net worth
Total assets

100
50
0
Mar
2003

Mar
2004

Mar
2005

Mar
2006

Mar
2007

Interpretation
In this graph we can se that Growth (%) in Total Income, PAT, Net Worth and Total
Assets is given. By analysing this graph we can find that there is a vast increase in
PAT in the year 2004 and there is stability in other things over this period of 20032007.Growth in total assets is maximum in 2007.

Performance of Hyundai Motor

Mar 2003

Mar
2004

Mar
2005

Mar
2006

Mar 2007

Hyundai Motor India Ltd.


Total income

4062.22

5905.62

7716.44

8956.28

10459.57

Sales

3993.02

5842.61

7640.05

8898.75

10353.91

PBT

258.78

572.12

611.12

804.88

714.86

PAT

164.75

378.85

406.92

525.1

466.75

12000
10000
8000

Total income
Sales

6000

PBT
PAT

4000
2000
0
Mar
2003

Mar
2004

Mar
2005

Mar
2006

Mar
2007

Interpretation
In this graph we can se that Total Income, Sales, PBT, PAT is given. By analysing
this graph we can find that there is an increase in total income and total sales of
Hyundai Motor over a period of 2003-2007.But there is fluctuation in PBT and PAT
over this period.PBT is maximum in 2006

Company performance

Growth (%)

Mar 2003

Total income

Mar 2004

Mar 2005

Mar 2006

Mar 2007

18.2645

45.379128

30.662657

16.067513

16.784759

PAT

-40.005826

129.95448

7.4092649

29.042564

-11.112169

Net worth

-10.612534

23.609846

21.232676

34.322056

22.712188

0.9942801

36.436997

18.402238

21.840546

56.371998

Total assets

140
120
100
80
Total income

60

PAT

40

Net worth

20

Total assets

Mar 2007

Mar 2006

Mar 2005

-40

Mar 2004

-20

Mar 2003

-60

Interpretation
In this graph we can se that Growth (%) in Total Income, PAT, Net Worth and Total
Assets is given. By analysing this graph we can find that there is a vast increase in
PAT in the year 2004 but PAT has dipped to negative in 2003 and there is stability in
other things over this period of 2003-2007.Growth in total assets is maximum in
2007.

Performance of Mahindra and Mahindra

Mahindra &
Mahindra Ltd.

Mar 2003

Total income

Mar 2004

Mar 2005

Mar 2006

Mar 2007

4709.19

6090.87

7874.68

9734.95

11783.37

Sales

4499.71

5888.84

7654.77

9276.49

11238.49

PBT

197.03

430.17

714.17

1099.5

1418.49

PAT

145.53

340.52

512.67

857.1

1068.39

14000
12000
10000
Total income
8000

Sales

6000

PBT
PAT

4000
2000
0
Mar 2003

Mar 2004

Mar 2005 Mar 2006

Mar 2007

Interpretation
In this graph we can se that Total Income, Sales, PBT, PAT is given of Mahindra and
Mahindra. By analysing this graph we can find that there is an increase in total
income and total sales over a period of 2003-2007.But there is fluctuation in PBT and
PAT over this period.PBT is maximum in 2007.

Company performance
Growth (%)

Mar 2003

Mar 2004

Mar 2005

Mar 2006

Mar 2007

Total income

15.929082

29.340078

29.286621

23.623436

21.041916

PAT

50.170261

133.98612

50.555034

67.183568

24.651733

Net worth

1.7951596

15.57573

11.272144

47.727471

22.415447

-1.3815145

-1.4224233

24.351415

19.649845

32.136595

Total assets

100
80
60
40
Total income

20

Net worth
0
Mar 2007

Mar 2006

Jun 2005

Mar 2004

Mar 2003

-20

Total assets

-40
-60
-80

Interpretation
In this graph we can se that Growth (%) in Total Income, PAT Net Worth and Total
Assets is given. By analysing this graph we can find that there is a vast increase in Net
worth in the year 2005 and there is stability in other things over this period of 20032007.Growth in net worth is maximum in 2005.

Company Performance of Hindustan Motor

Hindustan
Motors Ltd.

Mar 2003

Total income

Mar 2004

Jun 2005

Mar 2006

Mar 2007

1101.44

888.66

1607.56

568.27

894.33

1075.97

859.28

1397.64

553.44

806.96

PBT

-26.63

-80.85

61.61

-37.04

18.54

PAT

-26.74

-80.94

61.2

-43.69

13.3

Sales

1800
1600
1400
1200
1000

Total income
Sales

800
600
400
200

PBT
PAT

COMPARITIVE

0
-200

Mar
2003

Mar
2004

Jun 2005

Mar
2006

Mar
2007

Interpretation
In this graph we can se that Total Income, Sales, PBT, PAT is given of Hindustan
Motor. By analysing this graph we can find that there is an increase in total income
and total sales over a period of 2003-2007.There is an increase in total income and
sales in 2005.But there is fluctuation in PBT and PAT.PBT ant PAT was negative in
the year 2003,2004 and 2006 .

Company Performance
Growth (%)

Mar 2003

Mar 2004

Jun 2005

Mar 2006

Mar 2007

Total income

-11.005535

PAT

-19.318347

NA

Net worth

34.405561

NA

-50.608936

NA

18.033241

NA

NA

-14.160896

-57.483224

76.218852

-42.286344

20.379897

9.941695

-21.561355

-20.566763

-12.449787

9.5323053

Total assets

100
80
60
40
Total income

20

Net worth

0
Mar 2007

Mar 2006

Jun 2005

Mar 2004

Mar 2003

-20

Total assets

-40
-60
-80

Interpretation
In this graph Growth (%) Total income, Net Worth and Total Assets is given
We can clearly see that Net Worth was maximum in the year 2005 and in the year
2003, 2004, 2006 it is negative. Year 2007 was much better for Hindustan Motors.

COMPARITIVE
ANALYSIS
OF
MAJOR PLAYERS
IN
CAR INDUSTRY

Comparative Analysis of Total Income


Total Income(Rs. Crore)
Years

Mar 2003

Mar 2004

Mar 2005

Mar 2006

Mar 2007

Tata Motors Ltd.

10917.62

15593.64

20712.32

24375.95

32189.1

9462.8

11476.3

13777.8

15420.9

17917.7

Maruti Suzuki India Ltd.

Hyundai Motor India Ltd.

4062.22

5905.62

7716.44

8956.28

10459.57

Mahindra & Mahindra Ltd.

4709.19

6090.87

7874.68

9734.95

11783.37

Hindustan Motors Ltd.

1101.44

888.66

1607.56

568.27

894.33

T otal Income
35000
30000

Tata Motors Ltd.

25000

Maruti Suzuki India Ltd.

20000

Hyundai Motor India Ltd.


Mahindra & Mahindra Ltd.

15000

Hindustan Motors Ltd.

10000
5000
0
Ma r 2003 Ma r 2004 Ma r 2005 Ma r 2006 Ma r 2007

Interpretation
This graph shows the comparative analysis of the total income of Tata Motors, Maruti
Suzuki Ind ltd, Hyundai Motor India Ltd, Mahindra and Mahindra Ltd and Hindustan
Motor Ltd over a period 2003-2007.Over this period there has been a consistent
growth in the income of Tata Motors, Maruti Suzuki Ltd, Hyundai Motor Ltd and
Mahindra and Mahindra Ltd while Hindustan Motor has a trend of alternative Growth
in total income as having fall in total income 2003, 2004 and 2006 over the preceding
year. In 2004 all companies got the highest growth except Hindustan Motors

Comparative Analysis of Total Sales

Total Sales
Years

Mar 2003

Mar 2004

Mar 2005

Mar 2006

Mar 2007

Tata Motors Ltd.

10607.73

15208.74

20217.42

23439.41

31000.71

Maruti Suzuki India Ltd.

9203.8

11128.1

13485.9

15125.2

17458

Hyundai Motor India Ltd.

3993.02

5842.61

7640.05

8898.75

10353.91

Mahindra & Mahindra Ltd.

4499.71

5888.84

7654.77

9276.49

11238.49

Hindustan Motors Ltd.

1075.97

859.28

1397.64

553.44

806.96

T o tal S ales
35000
30000
Tata M otors Ltd.

25000

M aruti S uz uk i India Ltd.

20000

Hy undai M otor India Ltd.

15000

M ahindra & M ahindra Ltd.

10000

Hindus tan M otors Ltd.

5000
0
M a r 2003 M a r 2004 M a r 2005 M a r 2006 M a r 2007

Interpretation
This graph the comparative analysis of total Sales of Tata motors, Maruti Suzuki,
Hyundai motors, Mahindra and Mahindra and Hindustan motors over a period of
2003-2007.It shows a consistent growth in the total sales of the given companies
except Hindustan motors over a given period. Hindustan motors got cutting down in
sales in 2004 and 2006.2004 is the golden year in comparison of other years a it got
the maximum growth in total sales of all companies except Hindustan motors.

Comparative Analysis of PBT

PBT(Rs Crore)
Years

Mar 2003

Mar 2004

Mar 2005

Mar 2006

Mar 2007

510.69

1292.89

1652.45

2053.81

2573.18

269.5
Mar
2003
258.78

793.6
Mar
2004
572.12

1300.1
Mar
2005
611.12

1750
Mar
2006
804.88

Tata
Motors
Ltd.
Mahindra
& Mahindra
Ltd.
Maruti Suzuki
IndiaLtd.
Ltd.
Hindustan
Motors

300.11
197.03
146.4
-26.63

810.34
430.17
542.1
-80.85

1236.95
714.17
853.6
61.61

1528.88
1099.5
1189.1
-37.04

2267.3
Mar
2007
714.86
1913.46
1418.49

Hyundai Motor India Ltd.

164.75

378.85

406.92

525.1

1562
18.54
466.75

Mahindra & Mahindra Ltd.

145.53

340.52

512.67

857.1

1068.39

Hindustan Motors Ltd.

-26.74

-80.94

61.2

-43.69

13.3

Tata Motors Ltd.


PAT(Rs Crore)
Maruti Suzuki India Ltd.
Years
Hyundai Motor India Ltd.

PBT
3000
2500
2000

Tata M otors Ltd.

1500

M aruti S uz uk i India Ltd.


Hy undai M otor India Ltd.

1000

M ahindra & M ahindra Ltd.


Hindus tan M otors Ltd.

500
0
-500

M ar 2003 M ar 2004 M ar 2005 M ar 2006 M ar 2007

Interpretation
This graph shows the comparative analysis of PBT of the given automobile
companies during the period 2003-2007.In this period Tata Motors has a consistent
Growth and attained the max growth in 2004 and Maruti and Mahindra have also
the same growth record. In the same period Hyundai Motor recorded the growth in
consecutive four year and in 2007 its PBT growth dipped down over preceding year
its maximum growth was in 2004.In 2003 & 2004, PBT growth rate of Hindustan
motor

was negative and from the next year it was on alternate pattern by the

observation it can be concluded that 2004 is the best year according to performance of
listed companies.

Comparative Analysis of PAT

PAT
2500
2000
Ta ta M o to rs L td .

1500

M a ru t i S u z u k i In d ia L td .
1000

H y u n d a i M o t o r In d ia L td .
M a h in d ra & M a h in d ra L td .

500

H in d u s ta n M o to rs L td .

0
M ar 2003 M ar 2004 M ar 2005 M ar 2006 M ar 2007
-5 0 0

Interpretation
This graph shows the comparative analysis of PAT of five car companies during the
period 2003-2007.In this given period PAT growth of Tata Motors, Maruti and
Mahindra and Hyundai has been positive over the preceding years. Each of these
companies get the maximum growth in 2004.Hyundai Motors has been positive in
PAT growth since 2003 to 2006 while in 2007 its growth was negative and in 2004 it
got the maximum growth. In 2003 and 2004 the growth of Hindustan motor was
negative while in the next year it got the maximum growth and in the next two year its
growth was negative and positive, on the basis of comparison we can say that 2004
was the golden year.

Comparative Analysis of Growth (%) in Total Income

Growth (%) in Total Income


Years

Mar 2003

Mar 2004

Mar 2005

Mar 2006

Mar 2007

Tata Motors Ltd.

21.175212

42.830031

32.825434

17.688168

32.052699

Maruti Suzuki India Ltd.

0.499161

21.278057

20.054373

11.925707

16.191013

Hyundai Motor India Ltd.

18.2645

45.379128

30.662657

16.067513

16.784759

15.929082

29.340078

29.286621

23.623436

21.041916

-11.005535

-19.318347

34.405561

-50.608936

18.033241

Mahindra & Mahindra Ltd.


Hindustan Motors Ltd.

Gro w th (% ) in T o tal In co m e
60
40
Tata M otors Ltd.

20

M aruti S uzuki India Ltd.


Mar 2007

Mar 2006

Mar 2005

Mar 2004

-20

Hy undai M otor India Ltd.


Mar 2003

M ahindra & M ahindra Ltd.


Hindus tan M otors Ltd.

-40
-60

Interpretation
This graph shows the comparative analysis of Growth(%) in total income of five car
companies during the period 2003-2007 .In this given period growth in Total income
of Tata Motors, Maruti and Mahindra and Hyundai has been positive over the
preceding years. Each of these companies get the maximum growth in 2004.Growth
(%) in total income of Tata Motors was stable except in year 2006.In the year 2003,

2004, 2006 shows a negative growth. On the basis of this analysis 2005 was a golden
year.

Comparative Analysis of Growth (%) in PAT


Growth (%) in PAT
Mar 2003

Years

Mar 2004

NA

Tata Motors Ltd.

Mar 2005

Mar 2006

Mar 2007

170.01433

52.645803

23.600792

25.154361

Maruti Suzuki India Ltd.

40.095694

270.28689

57.461723

39.304124

31.359852

Hyundai Motor India Ltd.

-40.005826

129.95448

7.4092649

29.042564

-11.112169

50.170261

133.98612

50.555033

67.183568

24.651733

Mahindra & Mahindra Ltd.

NA

Hindustan Motors Ltd.

NA

NA

NA

NA

Grow th (% ) in PAT
300
250
200

Tata M otors Ltd.

150

M aruti S uz uk i India Ltd.

100

Hy undai M otor India Ltd.


M ahindra & M ahindra Ltd.

50

Hindus tan M otors Ltd.


Mar 2007

Mar 2006

Mar 2005

-100

Mar 2004

-50

Mar 2003

Interpretation
This graph shows the comparative analysis of Growth (%) in PAT of five car
companies during the period 2003-2007.Maruti has a maximum growth of 270.28 as
compared to Tata Motors of 170.01.Hyundai Motor had experienced a negative
growth in the year 2003 but it improved a lot in2004 and went to 129.95 in the year
2004 and again fall to negative in2007.All over 2004 was a golden period for all
companies.

Comparative Analysis of Growth (%) in Net Worth


Growth (%) in Net Worth
Years

Mar 2003

Tata Motors Ltd.


Maruti Suzuki India Ltd.
Hyundai Motor India Ltd.
Mahindra & Mahindra Ltd.
Hindustan Motors Ltd.

Mar 2004

Mar 2005

Mar 2006

Mar 2007

4.139453

39.122356

14.611036

34.284172

24.327034

16.274487

18.795069

22.487342

24.5227

25.699666

-10.612534

23.609846

21.232676

34.322056

22.712188

1.7951596

15.57573

11.272144

47.727471

22.415447

-14.160896

-57.483224

76.218852

-42.286344

20.379897

G ro w th (% ) in N e t W o rth
100
80
60
Tata M otors Ltd.

40

M aruti S uz uk i India Ltd.

20

Hy undai M otor India Ltd.

0
Mar 2007

Mar 2006

Mar 2005

Mar 2004

-40

M ahindra & M ahindra Ltd.


Mar 2003

-20

Hindus tan M otors Ltd.

-60
-80

Interpretation
This graph shows the comparative analysis in Net Worth of five car companies during
the period 2003-2007.Tata Motor, Maruti and Mahindra & Mahindra shows a
consistent growth rate during the year. Tata motor attained the maximum growth of
32.12% in 2004, Maruti attained the max growth of 25.69% in2007 and Mahindra
attainted the maximum growth 47.72% in 2006.During the year Hyundai Motor has
been consistent in growth accept 2003 where the growth was negative its maximum
growth was 34.22% in 2006.Hindustan Motors growth was negative in 2003,2004
and in 2006 and in 2005 and in 2007 it was positive.

Comparative Analysis of Growth (%) in Total Assets


Growth (%) in Total Assets
Years

Mar 2003

22.888959

13.535722
0.99428
-1.3815145

-1.4224233

9.9416949

-21.561355

Tata Motors Ltd.


Maruti Suzuki India Ltd.
Hyundai Motor India Ltd.
Mahindra & Mahindra Ltd.

Mar 2004

2.068912

Hindustan Motors Ltd.

Mar 2005

Mar 2006

Mar 2007

35.875348

16.917307

20.892225

4.9767884

13.6863

17.927042

33.28918

36.436997

18.402238

21.840546

56.371998

24.351415

19.649845

32.136595

-20.566763

-12.449787

9.5323053

Gro w th (% ) in T o ta l Asse ts
70
60
50
40

Tata M otors Ltd.

30

M aruti S uz uki India Ltd.

20

Hyundai M otor India Ltd.

10

M ahindra & M ahindra Ltd.


Hindus tan M otors Ltd.
Mar 2007

Mar 2006

-30

Mar 2005

-20

Mar 2004

-10

Mar 2003

Interpretation
This graph shows the comparative analysis of growth (%) in total assets of five
companies during the period 2003-2007.Tata Motors, Maruti Suzuki. Hyundai Motor
has been consistent in growth during the period Tata Motor has got the maximum
growth at 35.87% in 2005, Maruti Suzuki has got the maximum growth of 33.28% in
2007 and Hyundai Motor achieved the maximum of 56.37% in 2007.The growth of
Mahindra and Mahindra was negative in2003 % 2004 and it was maximum in 2007 as
it was 32.13%.The growth of Hindustan Motors was negative in 2004, 2005 and 2006
while it was maximum 9.94 in 2003.

FINDINGS
1. Performance of total income
On the basis of performance of total income Tata Motors, Maruti Suzuki Ind ltd,
Hyundai Motor India Ltd, Mahindra and Mahindra Ltd and Hindustan Motor Ltd over
a period 2003-2007.Over this period there has been a consistent growth in the income
of Tata Motors, Maruti Suzuki Ltd, Hyundai Motor Ltd and Mahindra and Mahindra
Ltd while Hindustan Motor has a trend of alternative Growth in total income as
having fall in total income 2003, 2004 and 2006 over the preceding year. In 2004 all
companies got the highest growth except Hindustan Motors.

2. Performance of total sales


On the basis of performance in total sales Tata motors, Maruti Suzuki, Hyundai
motors, Mahindra and Mahindra and Hindustan motors over a period of 2003-2007.It
shows a consistent growth in the total sales of the given companies except Hindustan
motors over a given period. Hindustan motors got cutting down in sales in 2004 and
2006.2004 is the golden year in comparison of other years an it got the maximum
growth in total sales of all companies except Hindustan motors.

3. Performance of PAT
On the basis of performance of PAT of five car companies during the period 20032007.In this given period PAT growth of Tata Motors, Maruti and Mahindra has been
positive over the preceding years. Each of these companies get the maximum growth in
2004.Hyundai Motors has been positive in PAT growth since 2003 to 2006 while in
2007 its growth was negative and in 2004 it got the maximum growth. In 2003 and
2004 the growth of Hindustan motor was negative while in the next year it got the
maximum growth and in the next two year its growth was negative and positive, on the
basis of comparison we can say that 2004 was the golden year

4. Performance of PBT
On the basis of PAT of five car companies during the period 2003-2007.In this given
period PAT growth of Tata Motors, Maruti and Mahindra has been positive over the
preceding years. Each of these companies get the maximum growth in 2004.Hyundai
Motors has been positive in PAT growth since 2003 to 2006 while in 2007 its growth
was negative and in 2004 it got the maximum growth. In 2003 and 2004 the growth of
Hindustan motor was negative while in the next year it got the maximum growth and
in the next two year its growth was negative and positive, on the basis of comparison
we can say that 2004 was the golden year.
5. Growth (%) in Total Income
Over this period there has been a consistent growth in the income of Tata Motors,
Maruti Suzuki Ltd, Hyundai Motor Ltd and Mahindra and Mahindra Ltd while
Hindustan Motor has a trend of alternative Growth in total income as having fall in
total income 2003, 2004 and 2006 over the preceding year. In 2004 all companies got
the highest growth except Hindustan Motors.
6. Growth (%) in PAT
Each of these companies get the maximum growth in 2004.Hyundai Motors has been
positive in PAT growth since 2003 to 2006 while in 2007 its growth was negative and
in 2004 it got the maximum growth. In 2003 and 2004 the growth of Hindustan motor
was negative while in the next year it got the maximum growth and in the next two
year its growth was negative and positive, on the basis of comparison we can say that
2004 was the golden year
7. Growth (%) in Net Worth
Net Worth of five car companies during the period 2003-2007.Tata Motor, Maruti and
Mahindra & Mahindra shows a consistent growth rate during the year. Tata motor
attained the maximum growth of 32.12% in 2004, Maruti attained the max growth of
25.69% in2007 and Mahindra attainted the maximum growth 47.72% in 2006.During
the year Hyundai Motor has been consistent in growth accept 2003 where the growth

was negative its maximum growth was 34.22% in 2006.Hindustan Motors growth
was negative in 2003, 2004 and in 2006 and in 2005 and in 2007 it was positive.

8. Growth (%) in Total Assets


Growth (%) in total assets of five companies during the period 2003-2007.Tata
Motors, Maruti Suzuki. Hyundai Motor has been consistent in growth during the
period Tata Motor has got the maximum growth at 35.87% in 2005, Maruti Suzuki
has got the maximum growth of 33.28% in 2007 and Hyundai Motor achieved the
maximum of 56.37% in 2007.The growth of Mahindra and Mahindra was negative
in2003 % 2004 and it was maximum in 2007 as it was 32.13%.The growth of
Hindustan Motors was negative in 2004, 2005 and 2006 while it was maximum 9.94
in 2003.

CONCLUSION
Thus to conclude that there are many car companies in car industry but some main
players are
MARUTI
HYUNDAI
MAHINDRA & MAHINDRA
TATA MOTORS
HINDUSTAN MOTORS
In above companies Maruti overall capture the maximum percentage of market share
and customer loyalty towards their product line.
Introduction of new products like Swift and Tata Nano is going to reach height which
can be beneficial for their companies in long run.
Hyundai is the second leader as per customer loyalty and market capturing.
Some point which a customer want to see while purchasing the product are as
follows: Mileage
Comfort
Power
Cost
Look
Low maintenance etc.

SUGGESTIONS

SUGGESTIONS

1. Engine power and interior modification should be done by Maruti Ltd. as


many customers were not satisfied.
2. Maruti should focus on power segment.
3. All companies should try to cut down their prices to reach the lower income
group.
4. Maintenance cost should be brought down to the minimum.
5. Company should provide extra safety facilities without charging any extra
cost.
6. Companies like Hindustan Motors should try to improve their sales
as they are not earning as much in last few years.

LIMITATION

Though this study providing better knowledge about this field but still it
have some limitation
Due to short time span, study could not be so deep.
Due to data collected much earlier of submission of report, the

most current data could not be well presented.

BIBLIOGRAPHY

CMIE Center for Monitoring Indian


Economy
IAS
PROWESS
www.tatamotors.com
www.hindustanmotor.com

Principles of Statistics- Ramendu Roy


Statistical Methods- S P Gupta

ANNEXURE
Financials at a Glance of Tata Motors
Tata Motors Ltd.

Mar 2003

Mar 2004

Mar 2005

Mar 2006

Mar 2007

Rs Crore
Total income

10917.62

15593.64

20712.32

24375.95

32189.1

10607.73

15208.74

20217.42

23439.41

31000.71

150.34

281.02

389.22

800.12

980.12

10737.25

14641.32

19619.37

23103.98

30625.32

5538.92

8110.14

11593.39

13634.28

18420.36

Power, fuel & water charges

193.51

214.52

237.81

258.51

327.41

Compensation to employees

720.37

887.05

1043.52

1147.17

1368.09

1768.42

2292.46

3092.23

3413.71

4457.95

538.4

507.2

648.53

833.32

1153.58

PBDITA

1097.63

1770.65

2155.71

2707.99

3362.32

PBDTA

872.82

1675.49

2076.01

2576.49

3148.1

PBT

510.69

1292.89

1652.45

2053.81

2573.18

PAT

300.11

810.34

1236.95

1528.88

1913.46

2597.16

3593.6

4111.39

5537.07

6869.75

Sales
Income from financial services
Total expenses
Raw material expenses

Indirect taxes
Selling & distribution expenses
Other operational exp. of indl. enterprises
Other oper. exp. of non-fin. service
enterprises

Net worth
Paid up equity capital (net of forfeited
capital)

319.78

352.95

361.74

382.82

385.36

2277.33

3236.77

3749.6

5154.2

6484.34

Total borrowings

1458.31

1259.77

2495.42

2936.84

4009.14

Current liabilities & provisions

3585.36

4689.99

6574.41

6944.9

7732.67

Total assets

Reserves & surplus

8294.13

10192.57

13849.19

16192.1

19574.99

Gross fixed assets

6081.14

6248.62

7106.44

8883.21

11151.16

Net fixed assets

3368.07

3247.8

3696.51

4521.23

6394.58

1271.8

3081.44

2912.06

2015.15

2477

2923.51

2962.41

4910.17

4874.66

5357.61

152.69

743.67

2209.6

4616.19

5159.11

Total income

21.1752118

42.8300307

32.825434

17.6881682

32.0526995

Total expenses

19.1111412

36.3600549

34.0000082

17.7610698

32.5543045

PBDITA

39.3957481

61.3157439

21.7468161

25.6194015

24.16294

PAT

Error

170.014328

52.645803

23.6007923

25.1543614

39.122356

14.611036

34.2841717

24.3270336

Investments
Current assets
Loans & advances
Growth (%)

Net worth

4.139453

Financials at a Glance of Maruti Suzuki

Maruti Suzuki India Ltd.

Mar 2003

Mar 2004

Mar 2005

Mar 2006

Mar 2007

-Rs Crore
Total income
Sales
Income from financial services
Total expenses

9462.8

11476.3

13777.8

15420.9

17917.7

9203.8

11128.1

13485.9

15125.2

17458

138.7

151.8

155.4

188.9

302.6

9214.4

10937.4

13065.9

14467.8

16112.6

Raw material expenses

5660

6686.5

8241.5

8967.5

10247.1

Power, fuel & water charges

78.1

95.8

58.1

79.4

133.6

Compensation to employees

238.1

345.3

195.8

228.7

288.4

1810.8

1943.8

2413.2

2737.5

2510.1

607.8

406

337.2

356

499.9

6.7

4.3

209.2

77.2

PBDITA

657.8

1379.7

1808.8

2055.8

2576.3

PBDTA

605.7

1336.3

1772.8

2035.4

2538.7

PBT

269.5

793.6

1300.1

1750

2267.3

PAT

146.4

542.1

853.6

1189.1

1562

3098

3591.2

4378.8

5452.6

6853.9

Indirect taxes
Selling & distribution expenses
Other operational exp. of indl. enterprises
Other oper. exp. of non-fin. service
enterprises

Net worth
Paid up equity capital (net of forfeited
capital)
Reserves & surplus
Total borrowings

144.5

144.5

144.5

144.5

144.5

2953.5

3446.7

4234.3

5308.1

6709.4

641.7

427.2

406.1

166.3

723.6

Current liabilities & provisions

1292.9

1416.5

1509.5

1882.5

2408.7

Total assets

5471.4

5743.7

6529.8

7700.4

10263.8

4523.1

4641.6

5095.2

5046.6

6385.7

Net fixed assets

2265

1905.7

1915.8

1787.2

2898.6

Investments

103.2

1677.3

1516.6

2051.2

3409.2

2716.7

1941.8

2907.6

3513.3

3758.5

66.1

77.1

64.4

227.6

87.4

21.2780572

20.0543729

11.9257066

16.1910135

Total expenses

0.49916098
2.52612872

18.6989929

19.4607494

10.7294561

11.3686946

PBDITA

14.8995633

109.744603

31.100964

13.6554622

25.3186108

PAT

40.0956938

270.286885

57.4617229

39.3041237

31.359852

Net worth

16.2744871

18.7950686

22.4873423

24.5227003

25.6996662

Total assets

13.5357224

4.97678839

13.6862998

17.9270422

33.2891798

Gross fixed assets

Current assets
Loans & advances
Growth (%)
Total income

Financials at a Glance of Hyundai Motor

Hyundai Motor India Ltd.


Rs Crore
Total income
Sales
Income from financial services
Total expenses
Raw material expenses
Power, fuel & water charges
Compensation to employees
Indirect taxes
Selling & distribution expenses
Other operational exp. of indl. enterprises
Other oper. exp. of non-fin. service
enterprises
PBDITA
PBDTA
PBT
PAT
Net worth
Paid up equity capital (net of forfeited
capital)
Reserves & surplus
Total borrowings
Current liabilities & provisions
Total assets
Gross fixed assets
Net fixed assets
Investments
Current assets
Loans & advances
Growth (%)
Total income
Total expenses
PBDITA
PAT
Net worth
Total assets

Mar 2003

Mar 2004

Mar 2005

Mar 2006

Mar 2007

4062.22
3993.02
47.71

5905.62
5842.61
51.16

7716.44
7640.05
16.72

8956.28
8898.75
40.24

10459.57
10353.91
63.36

3893.87
2151.67
36.75
89.18
879.63
191.23
0

5560.73
3446.94
42.89
107.09
915.46
199.8
0

7407.29
4819.65
56.53
136.11
1048.9
253.11
20.67

8494.17
5492.81
63.86
163.71
1122.45
255.84
0

10245.04
6868.66
68.08
190.28
1163.66
360.4
0

439.04
426.8
258.78
164.75

760.38
750.67
572.12
378.85

870.39
861.19
611.12
406.92

1102.07
1099.89
804.88
525.1

1086.92
1073.86
714.86
466.75

1020.93

1261.97

1529.92

2055.02

2521.76

812.54
208.39

812.54
449.43

812.54
717.38

812.54
1242.48

812.54
1709.22

571.54
454.24

596.33
983.55

418.09
1394.42

521.95
1586.62

1889.67
2248.72

2219.42
1926.18
1263.63
11.9
922.3
0.06

3028.11
2548.85
1709.85
11.73
1263.48
0.01

3585.35
2773.93
1694.91
0
1875.61
0

4368.41
3274.78
1903.37
0
2446.85
0

6830.97
5279.94
3558.03
19.5
3240.3
0

18.2644999
21.5448005
16.2728608
40.0058264
10.6125344
0.99428005

45.3791277
42.8072843

30.6626569
33.2071509

16.067513
14.6731126

73.1915087

14.4677661

26.6179529

129.954476

7.40926488

29.0425636

16.7847589
20.6126084
1.37468582
11.1121691

23.6098459
36.4369971

21.2326759
18.4022377

34.3220561
21.8405456

22.7121877
56.371998

Financials at a Glance of Mahindra & Mahindra

Mahindra & Mahindra Ltd.


Rs. Crore (Non-Annualised)

Mar 2003

Mar 2004

12 mths

12 mths

Mar 2005
12 mths

Mar 2006
12 mths

Mar 2007
12 mths

-Rs Crore
Total income

4709.19

6090.87

7874.68

9734.95

11783.37

4499.71

5888.84

7654.77

9276.49

11238.49

172.5

119.75

124.83

292.49

368.63

4530.36

5759.36

7524.05

8976.97

10719.7

2285.89

3143.19

4422.39

5415.27

6455.3

Power, fuel & water charges

44.01

45.64

52.64

57.46

65.19

Compensation to employees

385.19

427.84

469.51

558.76

702.42

Indirect taxes

801.75

974.56

1073.57

1161.18

1332.77

Selling & distribution expenses

195.39

288.81

369.72

458.31

635.12

3.07

1.83

0.01

0.58

0.11

PBDITA

488.43

673.65

910.32

1326.75

1648.21

PBDTA

370.06

596.39

880.08

1299.79

1628.41

PBT

197.03

430.17

714.17

1099.5

1418.49

PAT

145.53

340.52

512.67

857.1

1068.39

1569.83

1775.04

1986.53

2908.86

3552.9

Sales
Income from financial services
Total expenses
Raw material expenses

Other operational exp. of indl. enterprises


Other oper. Exp. of non-fin. service
enterprises

Net worth
Paid up equity capital (net of forfeited
capital)
Reserves & surplus

116.01

116.01

111.65

233.4

238.03

1453.82

1659.03

1874.88

2675.46

3314.87

Total borrowings

1139.83

729.78

1052.6

883.36

1635.98

Current liabilities & provisions

1089.01

1241.11

1679.61

1980.73

2613.42

Total assets

4036.07

3978.66

4947.52

5919.7

7822.09

Gross fixed assets

2490.97

2561.25

2810.58

3064.85

3510.43

Net fixed assets

1467.93

1393.59

1475.01

1554.59

1871.31

856.48

1048.09

1151.53

1682.87

2200.94

1497.42

1412.51

2185.49

2540.04

3442.07

114.22

85.34

72.08

124.15

290.21

Total income

15.9290815

29.3400776

29.2866208

23.6234361

21.041916

Total expenses

15.9994879

27.128087

30.6403837

19.3103448

19.4133433

Investments
Current assets
Loans & advances
Growth (%)

PBDITA

26.683958

37.9215036

35.1324872

45.7454521

24.2291313

PAT

50.1702611

133.98612

50.5550335

67.1835684

24.6517326

Net worth

1.79515959
1.38151449

15.5757296

11.2721435

47.7274711

22.4154468

-1.4224233

24.3514148

19.6498448

32.1365948

Total assets

Financials at a Glance of Hindustan Motors


Hindustan Motors Ltd.
Rs. Crore
Total income
Sales
Income from financial services

Mar 2003
12 mths

Mar 2004
12 mths

Jun 2005
12 mths

Mar 2006
12 mths

Mar 2007
12 mths

1101.44
1075.97
1.28

888.66
859.28
2.47

1607.56
1397.64
48.6

568.27
553.44
2.39

894.33
806.96
1.87

1151.82
449.36
23.07
115.62
281.61
40.19
0

951.58
367.17
23.13
114.18
196.31
38
0

1528.57
691.47
29.62
136.33
305.39
36.99
0

610.93
309.33
12.61
51.32
127.8
20.07
0

887.18
429.47
16.15
69.2
187.16
31.03
0

72.21
17.35
-26.63
-26.74

15.7
-39.65
-80.85
-80.94

163.33
114.99
61.61
61.2

-5.18
-14.02
-37.04
-43.69

60.66
43.92
18.54
13.3

Net worth
Paid up equity capital (net of forfeited
capital)
Reserves & surplus

154.81

73.86

135.02

91.24

103.39

161.18
-6.45

161.18
-87.4

161.17
-26.24

161.17
-70.02

161.17
-57.87

Total borrowings
Current liabilities & provisions

374.44
275.4

362.47
257.35

164.3
208.37

159.51
220.07

187.51
224.8

Total assets
Gross fixed assets
Net fixed assets
Investments
Current assets
Loans & advances

884.36
746.17
351.06
5.38
416.87
0.13

693.68
751.82
320.69
1.5
325.82
0.11

520.19
470.96
205.41
70.56
236.39
0.47

470.82
480.3
200.03
70.24
197.52
0.68

515.7
490.48
188.85
70.61
251.2
4.84

19.3183469
17.3846608
-78.257859
Error

34.4055607

50.6089358

18.0332412

Net worth

11.0055347
8.20395932
-0.083022
Error
14.1608957

Total assets

9.94169495

Total expenses
Raw material expenses
Power, fuel & water charges
Compensation to employees
Indirect taxes
Selling & distribution expenses
Other operational exp. of indl. enterprises
Other oper. Exp. of non-fin. service
enterprises
PBDITA
PBDTA
PBT
PAT

Growth (%)
Total income
Total expenses
PBDITA
PAT

-57.483224
21.5613551

22.2204872
444.759782
Error
76.2188524
-20.566763

-41.82454
Error
Error
42.2863438
12.4497874

8.91345981
Error
Error
20.3798971
9.53230534

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