Classic Legends is gearing up to launch four new motorcycles in FY27 as it looks to build on its recent growth momentum and strengthen its position in India’s mid-capacity segment. The Jawa, Yezdi and BSA parent also turned profitable in FY26 and is now evaluating capacity expansion, while planning to significantly scale up its retail network over the next two years.
- 4 new motorcycles planned for FY27 across brands
- Company turned profitable in FY26 on back of higher volumes
- Dealer network to expand to over 700 touchpoints by FY28
Four new models to sustain product momentum
The brand recently launched the updated Yezdi Scrambler and BSA Scrambler 650
Classic Legends has been maintaining a steady product cadence, launching a new motorcycle roughly every three months. Its most recent introductions have focused on expanding the Yezdi portfolio with the updated scrambler offerings.
The four upcoming models planned for FY27 are expected to further strengthen its presence in the 350cc and higher-capacity segments, while also building on the growing interest in lifestyle-oriented formats such as scramblers.
This comes amid rising competition in the mid-capacity space, currently dominated by players like Royal Enfield, with increased activity from both legacy and new entrants.
FY26 growth driven by new launches, festive demand
Classic Legends closed FY26 with retail sales of 45,409 units, up from 32,482 units in FY25, according to Federation of Automotive Dealers Association (FADA) data. The growth was supported by new product introductions, improved demand during the festive season and a broader recovery in the two-wheeler market.
The company said its growth outpaced the 350cc segment, which grew 19 percent during the year. Including international markets, Classic Legends reported overall growth of 55 percent.
Importantly, the company turned profitable in FY26, aided by higher volumes, improved product traction and better operating leverage. It expects margins to improve further as volumes scale up.
Capacity expansion under evaluation
With demand improving, Classic Legends is preparing to expand its production capacity. The company expects output to cross 1 lakh units in FY27, with its Pithampur facility likely to reach peak utilisation by the end of the fiscal year.
It is currently evaluating whether to scale up the existing Madhya Pradesh plant or set up a new facility closer to its vendor base.
This marks a shift for the company, which had earlier faced challenges in scaling volumes due to product quality issues, after-sales gaps and pandemic-related disruptions.
Alongside product expansion, Classic Legends is ramping up its retail footprint. The company is targeting 500 outlets ahead of the festive season and plans to scale up to over 700 touchpoints by FY28.
It is also investing in improving customer experience across dealerships, focusing on standardisation through people, processes and digital tools. Initiatives include a National Training Centre at its Indore facility, partnerships to strengthen dealership manpower and the use of AI-based tools to monitor dealer performance.
The company is also building a stronger riding community through dealership-led rides, marquee events and collaborations with local riding groups.
Despite the positive outlook, Classic Legends flagged rising commodity costs and supply chain disruptions linked to the West Asia situation as key risks. Volatility in precious and base metals, along with vendor-side challenges such as labour availability, could impact costs and production. With a high level of outsourced manufacturing, vendor stability remains critical.
The company has taken selective price increases but said further pricing decisions will be calibrated, balancing cost pressures with competitive positioning.
With inputs from DARSHAN NAKHWA