Automobile Industry – An analyst’s Perspective

This analysis focuses on the automotive industry, specifically, large-scale manufacturers of automobiles.The automotive industry is inherently interesting: it is massive, it is competitive, and it is expected to undergo major restructuring in the near future due to globalization. This training programme provides indepth overview and analysis of the Indian Automobile Market like composition of the industry, key players, market share, supply and logistics, pricing, valuation and other business characterstics.PROGRAMME CONTENT: (A) Automobile Industry basics • Comparison of industry across various economies• Significance of the industry from economic perspective• Regulatory structure• Platform and model development• Auto ancillary industry – linkages (B) Industry Structure • Commercial Vehicles• Passenger Vehicles• Segmental classification• SUVs• Tractors and specialized vehicle segment• Porter’s five force analysis• Supply Chain• Customer bargaining power• Competitive intensity• Entry barriers• Threat of substitutes (C) Business Characteristics • Capital intensity • Margin profiles• Volume profiles• Industry leverage• Cost structure comparison• Valuation approach selection (D) Valuation Exercise • Maruti Suzuki India Ltd• Annual report study• Financial Modeling• Valuation• Hero Honda Ltd• Annual report study• Financial Modeling• Valuation• Tata Motors Ltd, (Examination exercise)PROGRAMME COORDINATORNadeem Alam