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Motilal Oswal sees auto OEM Q2 FY27 revenue up 31% YoY, but commodity inflation keeps margins under pressure
Motilal Oswal expects passenger vehicle OEMs to post 30% revenue growth and two-wheeler OEMs about 26% in Q2 FY27 on healthy demand. It warns elevated commodity costs will keep margins under pressure, with price hikes only gradually offsetting inflation.
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The numbers
Figures from NDTV Profit
| Auto ancillaries revenue growth: | ~21% |
|---|---|
| Auto ancillaries EBITDA growth: | 8% |
| Auto ancillaries PAT growth: | 4% |
Why it matters to operators and investors
Commodity-driven margin compression, sharpest in ancillaries where profit growth trails revenue growth, could make suppliers with weak pass-through more open to partnerships or deals, so screen targets on pricing power and input-cost exposure before engaging.
The source
First seen