Automobiles
Valuation | |
|---|---|
| Market Cap | 1.73 LCr |
| Price/Earnings (Trailing) | 72.41 |
| Price/Sales (Trailing) | 3.73 |
| EV/EBITDA | 24.28 |
| Price/Free Cashflow | 165.73 |
| MarketCap/EBT | 45.07 |
| Enterprise Value | 1.73 LCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | -0.50% |
| Price Change 1M | 6.4% |
| Price Change 6M | 36% |
| Price Change 1Y | 48.3% |
| 3Y Cumulative Return | 47.7% |
| 5Y Cumulative Return | 53.4% |
| 7Y Cumulative Return | 30.8% |
| 10Y Cumulative Return | 29.9% |
| Revenue (TTM) |
| 46.26 kCr |
| Rev. Growth (Yr) | 17.2% |
| Earnings (TTM) | 2.54 kCr |
| Earnings Growth (Yr) | 32.6% |
Profitability | |
|---|---|
| Operating Margin | 8% |
| EBT Margin | 8% |
| Return on Equity | 26.88% |
| Return on Assets | 5.29% |
| Free Cashflow Yield | 0.60% |
Cash Flow & Liquidity |
|---|
| Cash Flow from Investing (TTM) | -2.9 kCr |
| Cash Flow from Operations (TTM) | 3.5 kCr |
| Cash Flow from Financing (TTM) | 1.16 kCr |
| Cash & Equivalents | 4.12 kCr |
| Free Cash Flow (TTM) | 1.02 kCr |
| Free Cash Flow/Share (TTM) | 21.57 |
Balance Sheet | |
|---|---|
| Total Assets | 47.94 kCr |
| Total Liabilities | 38.49 kCr |
| Shareholder Equity | 9.44 kCr |
| Current Assets | 25.98 kCr |
| Current Liabilities | 23.17 kCr |
| Net PPE | 5.49 kCr |
| Inventory | 2.42 kCr |
| Goodwill | 731.43 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.58 |
| Debt/Equity | 2.92 |
| Interest Coverage | 0.78 |
| Interest/Cashflow Ops | 2.63 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 10 |
| Dividend Yield | 0.29% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Past Returns: Outperforming stock! In past three years, the stock has provided 47.7% return compared to 11.2% by NIFTY 50.
Size: It is among the top 200 market size companies of india.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Growth: Good revenue growth. With 71% growth over past three years, the company is going strong.
Smart Money: Smart money is losing interest in the stock.
Insider Trading: Significant insider selling noticed recently.
Past Returns: Outperforming stock! In past three years, the stock has provided 47.7% return compared to 11.2% by NIFTY 50.
Size: It is among the top 200 market size companies of india.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Growth: Good revenue growth. With 71% growth over past three years, the company is going strong.
Smart Money: Smart money is losing interest in the stock.
Insider Trading: Significant insider selling noticed recently.
Investor Care | |
|---|---|
| Dividend Yield | 0.29% |
| Dividend/Share (TTM) | 10 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 50.19 |
Financial Health | |
|---|---|
| Current Ratio | 1.12 |
| Debt/Equity | 2.92 |
Technical Indicators | |
|---|---|
| RSI (14d) | 69.85 |
| RSI (5d) | 40.64 |
| RSI (21d) | 76.99 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Sell |
| SMA 5 Signal | Buy |
| SMA 10 Signal |
Updated Aug 4, 2025
Despite the strong overall performance, some analysts are cautious about potential market fluctuations.
Increased competition in the two-wheeler segment might pose challenges for sustained growth.
The global supply chain issues could impact future production and sales figures.
Summary of TVS Motor Co.'s latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
TVS Motor Company reported a notable performance in the first quarter of FY '26, achieving record revenue of INR 10,081 crores, which reflects a 20% year-on-year growth from INR 8,376 crores. The company's two-wheeler domestic ICE sales grew by 8%, whereas international sales surged by 40%, outpacing industry growth of 23%. Electric two-wheeler sales also increased by 35%, totaling 70,000 units, while three-wheeler sales saw a robust 46% growth to 45,000 units.
Management expressed optimism for the upcoming quarters, highlighting a moderately positive outlook for rural markets following early monsoon arrivals. They anticipate growth driven by improved retail financing due to a 100 basis points reduction in the benchmark repo rate over the past six months. The company expects growth to enhance further during the festive season in Q2.
TVS aims to outpace industry growth through strong customer focus and innovative product offerings. The company's EBITDA for this quarter reached INR 1,263 crores, marking a 32% increase, with margins improving to 12.5%. Profit before tax also grew by 35% to INR 1,053 crores.
Looking ahead, management is keen on expanding the Norton brand in Europe and India, with multiple product launches planned in Q3 and Q4. They emphasized their commitment to tackling supply chain challenges for rare earth magnets by exploring alternative solutions. Additionally, the company aims for growth in international markets, particularly in Africa and LATAM, where they see potential for increased market share.
Overall, TVS maintains a focus on leveraging its established brands and product mix to sustain growth momentum, aiming to enhance margins while expanding market share.
Understand TVS Motor Co. ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| TVS HOLDINGS LIMITED (Formerly known as Sundaram Clayton Limited) | 0.5026% |
| ICICI PRUDENTIAL MUTUAL FUND | 0.0599% |
| AXIS MUTUAL FUND | 0.0146% |
| NPS TRUST | 0.0129% |
| CANARA ROBECO MUTUAL FUND | 0.0106% |
| EUPAC FUND | 0.0103% |
| MALLIKA SRINIVASAN | 0.0001% |
Detailed comparison of TVS Motor Co. against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| M&M | Mahindra & Mahindra | 4.49 LCr | 1.7 LCr | +6.40% | +32.80% | 29.37 | 2.64 | - | - |
| BAJAJ-AUTO | Bajaj Auto | 2.54 LCr | 53.84 kCr |
Comprehensive comparison against sector averages
TVSMOTOR metrics compared to Automobiles
| Category | TVSMOTOR | Automobiles |
|---|---|---|
| PE | 72.41 | 27.32 |
| PS | 3.73 | 1.97 |
| Growth | 14.1 % | 5 % |
TVS Motor Co. is a prominent manufacturer in the 2/3 wheelers segment, known for its extensive range of automotive vehicles and components. The company's stock ticker is TVSMOTOR, and it boasts a significant market capitalization of Rs. 132,696.5 Crores.
Operating through various segments including Automotive Vehicles and Parts, Automotive Components, Financial Services, and Others, TVS Motor Company Limited is engaged in the manufacture and sale of motorcycles, scooters, mopeds, electric vehicles, and three-wheelers.
The company also provides financing services for two-wheelers and distributes its products through a network of authorized dealers across regions including the Middle East, Africa, Southeast Asia, France, and Latin and Central America.
In the last 12 months, TVS Motor Co. reported a revenue of Rs. 42,980.3 Crores with an impressive revenue growth of 79.6% over the past three years. The company returns profits to its investors through dividends, offering a yield of 0.36% per year, with a payout of Rs. 10 per share in the last year.
Incorporated in 1992 and headquartered in Chennai, India, TVS Motor Company operates as a subsidiary of TVS Holdings Limited.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Buy |
| SMA 100 Signal | Buy |
TVSMOTOR vs Automobiles (2021 - 2025)
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
TVS Motor Company reported a 35% increase in net profit to ₹779 crore for Q1 FY26, fueled by record sales.
Analyst / Investor Meet • 23 Oct 2025 The Meeting time of the Analyst Call has been rescheduled to 5:00 PM (IST) on Tuesday, 28th October 2025 |
Press Release / Media Release • 22 Oct 2025 Norton releases first official design sketch as part of its Resurgence campaign, signalling the design direction for an all-new generation of motorcycles |
Press Release / Media Release • 15 Oct 2025 A NEW ERA IN ADVENTURE RIDING DAWNS : THE ALL-NEW TVS APACHE RTX ARRIVES |
Analyst / Investor Meet • 13 Oct 2025 Compliance under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Investor/ Analyst Call |
Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 • 07 Oct 2025 Certificate under Regulation 74(5) of SEBI (Depository and Participants) Regulations, 2018 for the Quarter ended 30th September 2025 |
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
Here are the major questions and responses from the Q&A section of the earnings transcript:
Question: "If I look at quarter 1, we are saying that rural is doing better, but at the same time, we've seen mopeds are down Y-o-Y. Does it mean that scooterization is rising in rural, and that explains this commentary?"
Answer: In the ICE segment, rural growth was only 3.3%, indicating a slight underperformance. However, positive trends like early monsoon and better reservoir levels suggest improved agricultural growth ahead, which should aid rural demand.
Question: "How is scooterization in the rural area?"
Answer: Scooterization is improving in rural areas due to better infrastructure and road conditions. This trend is contributing positively to the rising proportion of scooters sold in those regions.
Question: "On electric vehicles, is our motorcycle launch on track given the magnet restrictions? Any comments on full-year electric two-wheeler sales?"
Answer: The motorcycle launch timeline will be clearer closer to the launch, as we are exploring alternatives for magnet issues. Sales for electric two-wheelers are expected to maintain growth despite current challenges.
Question: "What's the market share aspiration in the next two years, given our current growth and EBITDA margins?"
Answer: Our focus remains on delighting customers with exceptional products. We believe we can continue to grow ahead of the industry, supported by a strong product mix and strategic investments in customer-driven solutions.
Question: "Can you shed light on the progress with Norton and expected investments going forward?"
Answer: Norton products are set to launch in Q3 and Q4. The investment will continue to support product development and marketing initiatives, ensuring we have a robust launch plan in place for key markets, including India.
Question: "Are we seeing headwinds in the commodity basket that could affect financials?"
Answer: Some commodity costs, like steel, may see a 0.5% increase, but we can mitigate this through price adjustments and cost reduction strategies. While challenges exist, they are manageable.
Question: "What's the current status of the e-three-wheeler segment in terms of PLI and profitability?"
Answer: We will start receiving PLI for three-wheeler EVs from June. We are positive on gross margins, ensuring we scale up successfully as customer demand grows.
Question: "How are we positioned in the electric three-wheeler market in India?"
Answer: We currently cover 70% of the three-wheeler market with our network and are expanding it. Capacity to meet growing demand is not an issue; supply chains remain agile.
Question: "What are the prospects for TVS Credit Services going public?"
Answer: There hasn't been any formal discussion about an IPO, but we acknowledge the strong performance and operational efficiency of TVS Credit, which continues to grow positively.
Question: "Can you share EV revenue for the quarter and details on staff costs?"
Answer: EV revenue reached approximately INR1,000 crores. Staff costs rose due to annual increments and performance appraisals, but we are strategically hiring for growth areas.
This summary encapsulates the key inquiries and management's responses, maintaining essential details and figures while giving an overview of the company's outlook and strategic directions.
| VENU SRINIVASAN | 0% |
| LAKSHMI VENU | 0% |
| Sudarshan Venu | 0% |
| VS Trust (Mr Venu Srinivasan, Trustee) | 0% |
| VS Trustee Private Limited | 0% |
| VS PTC Trust (Mr Venu Srinivasan, Trustee) | 0% |
| VEE ESS Trading Private Limited | 0% |
| CHEEMA VENU TRUST (formely known as VEE ESS Trust) (Venu Srinivasan Trustee Private Limited, Trustee) | 0% |
| Srinivasan Venu Trust (Mr Venu Srinivasan, Trustee) | 0% |
| Venu Srinivasan Trustee Private Limited | 0% |
| Srinivasan Trust (VS Trustee Private Limited, Trustee) | 0% |
| S. Venu Trustee Private Limited | 0% |
| STPL Trading and Services Private Limited (Formerly known as Srinivasan Trading Private Limited) | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| +4.50% |
| -10.90% |
| 33.41 |
| 4.72 |
| - |
| - |
| EICHERMOT | Eicher Motors | 1.89 LCr | 20.99 kCr | -2.00% | +50.40% | 39.12 | 9.02 | - | - |
| HEROMOTOCO | Hero MotoCorp | 1.13 LCr | 41.57 kCr | +6.00% | +13.60% | 22.42 | 2.72 | - | - |
| ATULAUTO | Atul Auto | 1.37 kCr | 742.56 Cr | +3.10% | -14.50% | 66.59 | 1.84 | - | - |
| 7.6% |
| 11,262 |
| 10,465 |
| 10,273 |
| 10,428 |
| 9,691 |
| 9,339 |
| Profit Before exceptional items and Tax | -2.1% | 988 | 1,009 | 927 | 906 | 757 | 660 |
| Total profit before tax | -2.1% | 988 | 1,009 | 927 | 906 | 757 | 660 |
| Current tax | 4.7% | 333 | 318 | 262 | 331 | 281 | 170 |
| Deferred tax | 101.4% | 1.18 | -11.91 | 35 | -31.98 | -27.49 | 69 |
| Total tax | 9.2% | 334 | 306 | 297 | 299 | 254 | 239 |
| Total profit (loss) for period | -7.9% | 643 | 698 | 609 | 588 | 485 | 412 |
| Other comp. income net of taxes | -51.4% | 18 | 36 | -36.33 | 78 | -29.7 | -38.88 |
| Total Comprehensive Income | -9.8% | 661 | 733 | 573 | 666 | 455 | 373 |
| Earnings Per Share, Basic | -6.3% | 12.84 | 13.64 | 11.91 | 11.8 | 9.7 | 8.15 |
| Earnings Per Share, Diluted | -6.4% | 12.84 | 13.65 | 11.91 | 11.8 | 9.7 | 8.15 |
| Debt equity ratio | - | - | - | - | - | - | - |
| Debt service coverage ratio | - | - | - | - | - | - | - |
| Interest service coverage ratio | - | - | - | - | - | - | - |
| 23.4% |
| 1,970 |
| 1,596 |
| 1,345 |
| 1,136 |
| 948 |
| 938 |
| Finance costs | -23.8% | 139 | 182 | 141 | 126 | 142 | 102 |
| Depreciation and Amortization | 6.4% | 745 | 700 | 631 | 611 | 494 | 489 |
| Other expenses | 25.6% | 4,066 | 3,237 | 2,365 | 1,884 | 1,650 | 2,003 |
| Total Expenses | 12.1% | 32,681 | 29,144 | 24,475 | 19,566 | 15,957 | 15,669 |
| Profit Before exceptional items and Tax | 30.5% | 3,629 | 2,781 | 2,003 | 1,243 | 826 | 787 |
| Exceptional items before tax | - | 0 | 0 | 0 | -30.16 | 0 | -32.33 |
| Total profit before tax | 30.5% | 3,629 | 2,781 | 2,003 | 1,213 | 826 | 754 |
| Current tax | 23.7% | 868 | 702 | 504 | 300 | 203 | 234 |
| Deferred tax | 1022.5% | 51 | -4.42 | 8.69 | 20 | 11 | -71.74 |
| Total tax | 31.6% | 918 | 698 | 512 | 320 | 214 | 162 |
| Total profit (loss) for period | 30.2% | 2,711 | 2,083 | 1,491 | 894 | 612 | 592 |
| Other comp. income net of taxes | 254.3% | 33 | -19.74 | -27.68 | -64.31 | 107 | -118.23 |
| Total Comprehensive Income | 33% | 2,743 | 2,063 | 1,463 | 829 | 719 | 474 |
| Earnings Per Share, Basic | 30.8% | 57.05 | 43.84 | 31.38 | 18.81 | 12.88 | 12.47 |
| Earnings Per Share, Diluted | 30.8% | 57.05 | 43.84 | 31.38 | 18.81 | 12.88 | 12.47 |
| Debt equity ratio | - | - | - | 03 | 0 | 006 | - |
| Debt service coverage ratio | - | - | - | 0.05 | 0 | 005 | - |
| Interest service coverage ratio | - | - | - | - | 0 | 007 | - |
| 73.2% |
| 642 |
| 371 |
| 330 |
| 300 |
| 274 |
| 213 |
| Non-current investments | 20% | 9,038 | 7,529 | 6,828 | 6,468 | 5,492 | 4,951 |
| Total non-current financial assets | 18.6% | 9,066 | 7,644 | 6,981 | 6,651 | 5,974 | 5,061 |
| Total non-current assets | 15.9% | 14,881 | 12,835 | 11,844 | 11,193 | 10,325 | 8,883 |
| Total assets | 12.6% | 19,963 | 17,727 | 16,062 | 16,104 | 13,992 | 12,724 |
| Borrowings, non-current | 22.8% | 835 | 680 | 987 | 1,583 | 1,212 | 602 |
| Total non-current financial liabilities | 18.2% | 1,027 | 869 | 1,300 | 1,916 | 1,525 | 866 |
| Provisions, non-current | 14.9% | 256 | 223 | 206 | 195 | 176 | 162 |
| Total non-current liabilities | 18.7% | 1,577 | 1,329 | 1,724 | 2,332 | 1,936 | 1,239 |
| Borrowings, current | 51.6% | 900 | 594 | 527 | 682 | 1,033 | 721 |
| Total current financial liabilities | 8.3% | 7,473 | 6,900 | 5,903 | 6,077 | 5,391 | 5,469 |
| Provisions, current | 2.2% | 184 | 180 | 144 | 131 | 99 | 95 |
| Current tax liabilities | 12.5% | 37 | 33 | 34 | 43 | 5.93 | 57 |
| Total current liabilities | 12.3% | 8,449 | 7,521 | 6,607 | 6,738 | 6,009 | 5,964 |
| Total liabilities | 13.3% | 10,026 | 8,850 | 8,331 | 9,070 | 7,945 | 7,202 |
| Equity share capital | 0% | 48 | 48 | 48 | 48 | 48 | 48 |
| Total equity | 11.9% | 9,937 | 8,877 | 7,731 | 7,034 | 6,048 | 5,522 |
| Total equity and liabilities | 12.6% | 19,963 | 17,727 | 16,062 | 16,104 | 13,992 | 12,724 |
| 20.4% |
| 5,097 |
| 4,233 |
| 2,475 |
| 1,808 |
| - |
| - |
| Income taxes paid (refund) | 35% | 831 | 616 | 483 | 310 | - | - |
| Net Cashflows From Operating Activities | 17.9% | 4,266 | 3,617 | 1,993 | 1,498 | - | - |
| Cashflows used in obtaining control of subsidiaries | 59.2% | 2,129 | 1,338 | 1,191 | 1,376 | - | - |
| Proceeds from sales of PPE | -43.8% | 19 | 33 | 19 | 13 | - | - |
| Purchase of property, plant and equipment | 65.2% | 1,798 | 1,089 | 1,016 | 741 | - | - |
| Dividends received | 10002% | 100 | 1.98 | 2.25 | 3.81 | - | - |
| Interest received | 12.5% | 19 | 17 | 4.92 | 7.07 | - | - |
| Net Cashflows From Investing Activities | -104.1% | -3,870.82 | -1,896.26 | -2,311.8 | -2,141.04 | - | - |
| Proceeds from borrowings | 130% | 220 | -729.49 | 658 | 482 | - | - |
| Payments of lease liabilities | -8.5% | 98 | 107 | 69 | 55 | - | - |
| Dividends paid | 25.1% | 475 | 380 | 292 | 190 | - | - |
| Interest paid | -35.7% | 138 | 214 | 137 | 123 | - | - |
| Other inflows (outflows) of cash | -137.9% | -95.27 | -39.47 | 65 | -1.15 | - | - |
| Net Cashflows from Financing Activities | 60% | -587.12 | -1,469.55 | 225 | 113 | - | - |
| Net change in cash and cash eq. | -177.3% | -192.27 | 251 | -94.4 | -530.23 | - | - |
Press Release / Media Release • 06 Oct 2025 TVS MOTOR COMPANY LAUNCHES MOST ADVANCED TVS RAIDER |
Acquisition • 04 Oct 2025 Compliance under Regulation 30 of the SEBI (LODR) Regulations, 2015 |
Analysis of TVS Motor Co.'s financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2025
| Description | Share | Value |
|---|---|---|
| Automotive Vehicles & Parts | 87.3% | 12.9 kCr |
| Financial services | 12.7% | 1.9 kCr |
| Total | 14.8 kCr |