TVS Motor Company finished FY26 on a decent note as Jupiter clocked sales of over 14.63 units while Ronin and 310 twins recorded triple digit YoY growth
TVS Motor Company posted YoY growth of 21 percent in domestic FY26 sales with over 42.43 lakh units sold as compared to 35.19 lakh units in FY25. It retained its position as India’s third largest two-wheeler brand behind Hero and Honda who occupied the first and second spots, respectively. The company has been leading the electric two-wheeler segment with monthly sales in the ballpark of 30-40k units each month. Let’s talk about TVS model-wise sales breakdown in FY26.
The Jupiter was the highest-selling TVS model in FY26 with retail volumes of more than 14.63 lakh units with healthy YoY growth of 32 percent. The Hosur-based two-wheeler brand had sold 11.07 lakh units of the scooter in FY25. It was the second top-selling scooter in the Indian market last financial year after the segment-leader Honda Activa, which clocked sales in excess of 28 lakh units.
The Apache motorcycle line-up, comprising of multiple models between 160cc-300cc, posted sales of over 5.71 lakh units in FY26 with a decent YoY growth of 28 percent. The company retailed 4.46 lakh units of the Apache motorcycles in FY25. The latest model to join the Apache range was the RTX 300, first TVS adventure tourer, with a liquid-cooled engine.
| Hero Model-Wise Sales Breakdown | ||
| Model (YoY Growth) | FY26 Sales | FY25 Sales |
| Jupiter (32%) | 14,63,328 | 11,07,285 |
| Apache (28%) | 5,71,376 | 4,46,218 |
| XL100 (4%) | 5,23,240 | 5,01,813 |
| Raider (7%) | 4,26,877 | 3,99,819 |
| iQube (35%) | 3,67,501 | 2,73,063 |
| Ntorq (9%) | 3,63,904 | 3,34,414 |
| Radeon (11%) | 1,52,127 | 1,37,480 |
| Sport (-2%) | 1,45,914 | 1,49,365 |
| Zest (10%) | 1,07,968 | 98,341 |
| Ronin (137%) | 80,518 | 33,977 |
| Star City (-6%) | 31,053 | 33,188 |
| RR310 & RTR 310 (128%) | 9,718 | 4,262 |
| Total (21%) | 42,43,524 | 35,19,225 |
The XL100 moped received an overwhelming reception from the Indian buyers as it clocked sales of around 5.23 lakh units in FY26. Despite registering total sales of 80,518 units, TVS Ronin posted a smashing YoY growth of 137 percent in the last fiscal as 33,977 units were sold in FY25. The RR310 and RTR 310 followed the same pattern as they recorded YoY growth of 128 percent as sales jumped from 4262 units in FY25 to 9718 units in FY26.
TVS Raider also received decent response from buyers with sales of over 4.26 lakh units in FY26 with a marginal YoY growth of 7 percent. The iQube e-scooter led the e2w segment with sales of over 3.67 lakh units in FY26, which translates into monthly sales of more than 30,000 units. It grew by 35 percent on a YoY basis as approx 2.73 lakh units were sold in FY25.
The only two TVS models to register negative YoY growth in FY26 were the Star City and Sport at 6 percent and 2 percent, respectively. The Ntorq, available in 125cc and 150cc engine options, also registered a single-digit YoY growth in FY26 with volumes of 3.64 lakh units. The Zest and Radeon, both entry-level models, posted double digit YoY growth in FY26.
