Mid Automobile
Market Cap
₹1,05,278 ₹1.05 L Cr.
P/E
1.33
PEG
0.11
PEG = P/E ÷ 5yr forward EPS CAGR
5yr forward EPS CAGR thesis · Base case

The thesis comes alive if Sierra, Harrier EV and Sierra EV achieve their planned ramps while EV volumes sustain momentum and market share remains above 14%.

The bull path depends on earlier product commercialization and stronger EV and CNG mix, whereas the bear path reflects launch or supplier failure combined with weaker EV demand.

Volume growth does most of the work, while pricing remains constrained by commodity inflation, discounting and competitive pressure.

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5Y Revenue & EBITDA Estimates
KEY TRIGGERS TO WATCH
  • The thesis comes alive if Sierra, Harrier EV and Sierra EV achieve their planned ramps while EV volumes sustain momentum and market share remains above 14%.
  • The bull path depends on earlier product commercialization and stronger EV and CNG mix, whereas the bear path reflects launch or supplier failure combined with weaker EV demand.
  • Volume growth does most of the work, while pricing remains constrained by commodity inflation, discounting and competitive pressure.
Bear : 4.8% CAGR • ₹3,325 Cr
Base: 19.9% CAGR • ₹6,515 Cr
Bull: 28.1% CAGR • ₹9,085 Cr
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Management Credibility Report
TRACK RECORD
  • Management is most credible on same-year financial bands, particularly revised JLR net-debt, free-cash-flow and EBIT commitments, as well as near-term domestic product launches.
  • Trust is materially weaker on multi-year transformation goals, including JLR margin expansion, PV profitability and EV market-share ambitions.
  • The split reflects strong delivery on controllable short-term targets but repeated slippage on aspirational goals that lacked interim milestones and were vulnerable to external shocks.
Met : 11
Progress: 0
Missed : 5
Buy Report $5
WORST-CASE SCENARIO
  • The risk profile is bifurcated: the domestic PV franchise remains viable, but JLR faces severe operational, liquidity and solvency pressure.
  • The existential exposure is a compound deterioration across US tariffs, China demand and Jaguar execution, which could exhaust liquidity while investment needs remain high.
  • Cash burn, margin collapse and capital-allocation demands are structural concerns even after one-off cyber and wind-down effects fade.
High Risk : 6
Medium Risk : 7
Low Risk : 4
Buy Report $5
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