Automobile and Auto Components · NIFTY 500
TVS Motor Company Limited
NSETVSMOTOR
BSE532343 ISININE494B01023 SeriesEQ Listed on NSE · BSE
₹4,500.00 -60.00 (-1.32%) Updated 12 Nov, 8:49 pm IST
Price, daily close+29.33% in a year
Today
- Open
- ₹4,550.00
- Prev close
- ₹4,560.00
- Day high
- ₹4,583.90
- Day low
- ₹4,456.00
- Volume
- 6.69 L
- Value traded
- ₹301.20 Cr
- Upper circuit
- ₹4,630.10
- Lower circuit
- ₹4,360.50
- 52W high
- ₹4,500.00
- 52W low
- ₹3,228.00
- 1 month
- +16.99%
- 6 months
- +24.30%
52W low52W high
Ratios
Key numbers
Worked out from the latest filings (Consolidated) and today's price. TTM = last four quarters.
Market cap₹213,795 Cr
P/E (TTM)55.87
P/B18.84
Book value / share₹238.85
EPS (TTM)₹80.55
ROE33.7%
Dividend yield0.27%
Dividend (12m)₹12.00 / share
Net margin (TTM)5.8%
Operating margin14.0%
Debt / equity3.34
Current ratio1.09
EV / EBITDA26.00
Sales growth (YoY qtr)+38.60%
Profit growth (YoY qtr)+50.16%
Sales CAGR 3Y+20.59%
Profit CAGR 3Y+31.46%
Shares47.51 Cr
Quarterly results
Results for each quarter
Last 12 quarters, consolidated, ₹ crore. Hover a bar to see the number.
Revenue and net profit
Dec 23
Mar 24
Jun 24
Sep 24
Dec 24
Mar 25
Jun 25
Sep 25
Dec 25
Mar 26
Jun 26
Sep 26
Revenue · QoQ (vs last quarter)
—-0.7%+3.6%+8.6%-1.5%+3.7%+5.8%+15%+5.0%+2.0%+8.3%+20%
Revenue · YoY (vs a year ago)
————+10%+15%+17%+24%+33%+30%+33%+39%
Net profit · QoQ (vs last quarter)
—-19%+19%+22%+1.0%+15%-5.9%+30%+5.8%-8.3%+32%+17%
Net profit · YoY (vs a year ago)
————+18%+67%+32%+42%+49%+19%+67%+50%
RevenueNet profitLine = trend
Dec 23
Mar 24
Jun 24
Sep 24
Dec 24
Mar 25
Jun 25
Sep 25
Dec 25
Mar 26
Jun 26
Sep 26
EPS (₹) · YoY (vs a year ago)
————+18%+67%+32%+42%+49%+19%+67%+50%
EPS (₹)Line = trend
| ₹ Cr | Dec 23 | Mar 24 | Jun 24 | Sep 24 | Dec 24 | Mar 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 10,114 | 10,042 | 10,407 | 11,302 | 11,135 | 11,542 | 12,210 | 14,051 | 14,756 | 15,053 | 16,296 | 19,474 |
| Other income | 11.9 | -43.5 | 40.8 | 32.3 | 65.1 | -68.2 | 39.7 | -14.0 | -10.3 | 6.7 | 158 | 98.0 |
| Total income | 10,126 | 9,999 | 10,448 | 11,334 | 11,200 | 11,474 | 12,250 | 14,037 | 14,745 | 15,059 | 16,454 | 19,572 |
| Raw material | 5,782 | 6,099 | 6,087 | 6,603 | 6,456 | 6,933 | 7,062 | 8,706 | 8,404 | 9,098 | 10,270 | 12,681 |
| Purchases | 227 | 176 | 280 | 92.8 | 118 | 344 | 325 | 227 | 258 | 421 | 285 | 159 |
| Employee cost | 856 | 875 | 943 | 942 | 913 | 858 | 1,052 | 1,085 | 1,103 | 1,151 | 1,324 | 1,449 |
| Other expenses | 1,507 | 1,537 | 1,725 | 1,843 | 1,842 | 1,792 | 1,848 | 2,117 | 2,251 | 2,189 | 2,154 | 2,560 |
| Total expenses | 9,363 | 9,339 | 9,691 | 10,428 | 10,273 | 10,465 | 11,262 | 12,802 | 13,369 | 13,746 | 14,894 | 17,777 |
| Operating profit | 1,488 | 1,485 | 1,465 | 1,642 | 1,665 | 1,920 | 1,814 | 2,122 | 2,220 | 2,187 | 2,357 | 2,726 |
| OPM % | 14.7% | 14.8% | 14.1% | 14.5% | 15.0% | 16.6% | 14.9% | 15.1% | 15.0% | 14.5% | 14.5% | 14.0% |
| Finance cost | 494 | 513 | 503 | 509 | 539 | 551 | 551 | 552 | 561 | 566 | 602 | 670 |
| Depreciation | 242 | 269 | 247 | 259 | 264 | 292 | 315 | 320 | 323 | 315 | 354 | 358 |
| Exceptional items | — | — | — | — | — | — | — | — | -50.1 | — | — | — |
| Profit before tax | 763 | 660 | 757 | 906 | 927 | 1,009 | 988 | 1,236 | 1,326 | 1,313 | 1,560 | 1,796 |
| Tax | 241 | 239 | 254 | 299 | 297 | 306 | 334 | 391 | 432 | 479 | 488 | 572 |
| Net profit | 510 | 412 | 485 | 588 | 609 | 698 | 643 | 833 | 891 | 820 | 1,058 | 1,219 |
| Profit to shareholders | 479 | 387 | 461 | 560 | 566 | 648 | 610 | 795 | 841 | 772 | 1,019 | 1,195 |
| EPS (₹) | 10.08 | 8.15 | 9.70 | 11.80 | 11.91 | 13.65 | 12.84 | 16.74 | 17.71 | 16.24 | 21.46 | 25.14 |
Profit & loss
Results for each year
8 financial years (April to March), consolidated, ₹ crore.
Sales, operating profit and net profit
FY19
FY20
FY21
FY22
FY23
FY24
FY25
FY26
Revenue · YoY (vs a year ago)
—-6.5%+3.0%+25%+31%+22%+13%+27%
Net profit · YoY (vs a year ago)
—-11%-4.9%+27%+76%+27%+33%+35%
RevenueOperating profitNet profitLine = trend
| ₹ Cr | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20,160 | 18,849 | 19,421 | 24,355 | 31,974 | 39,145 | 44,089 | 56,070 |
| Other income | 25.4 | 51.8 | 47.2 | 32.9 | 138 | 106 | 69.6 | 22.0 |
| Total expenses | 19,104 | 17,987 | 18,629 | 23,284 | 30,133 | 36,504 | 40,579 | 51,179 |
| Employee cost | 1,432 | 1,539 | 1,689 | 2,124 | 2,890 | 3,385 | 3,581 | 4,392 |
| Operating profit | 2,161 | 2,233 | 2,228 | 2,715 | 4,066 | 5,543 | 6,649 | 8,343 |
| OPM % | 10.7% | 11.8% | 11.5% | 11.1% | 12.7% | 14.2% | 15.1% | 14.9% |
| Finance cost | 663 | 855 | 881 | 940 | 1,368 | 1,928 | 2,093 | 2,230 |
| Depreciation | 442 | 556 | 565 | 743 | 859 | 975 | 1,046 | 1,273 |
| Profit before tax | 1,081 | 874 | 829 | 1,064 | 1,977 | 2,746 | 3,579 | 4,863 |
| Tax | 357 | 219 | 214 | 336 | 627 | 924 | 1,155 | 1,635 |
| Tax rate % | 33.1% | 25.0% | 25.8% | 31.6% | 31.7% | 33.7% | 32.3% | 33.6% |
| Net profit | 725 | 647 | 608 | 731 | 1,309 | 1,779 | 2,380 | 3,186 |
| Profit to shareholders | 705 | 625 | 594 | 757 | 1,329 | 1,686 | 2,236 | 3,018 |
| Net margin % | 3.5% | 3.3% | 3.1% | 3.1% | 4.2% | 4.3% | 5.1% | 5.4% |
| EPS (₹) | 14.83 | 13.15 | 12.51 | 15.93 | 27.97 | 35.50 | 47.05 | 63.53 |
Balance sheet
Assets and debt
At each year end (and the latest half year), ₹ crore.
Equity, debt and assets
Mar 23
Mar 24
Mar 25
Mar 26
Sep 26
Shareholders' equity · YoY (vs a year ago)
—+23%+25%+12%—
Shareholders' equityBorrowingsCashLine = trend
| ₹ Cr | Mar 23 | Mar 24 | Mar 25 | Mar 26 | Sep 26 |
|---|---|---|---|---|---|
| Shareholders' equity | 5,505 | 6,784 | 8,503 | 9,564 | 11,348 |
| Long-term borrowings | 9,064 | 12,629 | 13,933 | 12,486 | 17,686 |
| Short-term borrowings | 12,562 | 12,657 | 13,683 | 19,138 | 20,200 |
| Total borrowings | 21,626 | 25,287 | 27,616 | 31,624 | 37,887 |
| Current liabilities | 19,219 | 21,078 | 23,174 | 32,068 | 34,819 |
| Fixed assets (PPE) | 4,177 | 4,294 | 5,489 | 6,050 | 7,187 |
| Inventories | 1,922 | 2,248 | 2,417 | 2,459 | 3,031 |
| Trade receivables | 1,232 | 1,839 | 1,717 | 2,654 | 3,072 |
| Cash & equivalents | 1,851 | 2,356 | 4,115 | 3,926 | 4,968 |
| Current assets | 17,007 | 21,520 | 25,984 | 31,002 | 38,118 |
| Total assets | 35,233 | 42,220 | 47,937 | 56,501 | 66,871 |
| Debt / equity | 3.93 | 3.73 | 3.25 | 3.31 | 3.34 |
Cash flow
Cash coming in and going out
For each financial year, ₹ crore. Free cash flow = cash from operations minus spending on fixed assets.
Operating, investing and financing cash
FY22
FY23
FY24
FY25
FY26
Operations · YoY (vs a year ago)
—-182%+72%+380%-47%
OperationsInvestingFinancingLine = trend
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -1,560 | -4,405 | -1,253 | 3,503 | 1,867 |
| Cash from investing | -1,486 | -1,308 | -1,001 | -2,899 | -2,964 |
| Cash from financing | 2,918 | 6,118 | 2,759 | 1,155 | 909 |
| Spent on fixed assets | -985 | -1,341 | -1,145 | -2,478 | -3,235 |
| Free cash flow | -2,545 | -5,746 | -2,398 | 1,025 | -1,368 |
| Net cash flow | -128 | 406 | 505 | 1,759 | -189 |
Shareholding
Who holds the shares
Promoter and public holding at each quarter end, as filed with NSE.
Holding over time
Promoter & groupPublic
Latest (30 Sep 2026)
50.3%promoter
- Promoter & group
- 50.27%
- Public (FIIs, mutual funds, retail…)
- 49.71%
- Employee trusts
- 0.02%
- Promoter change, last quarter
- 0.00 pts
Dividends & news
Latest dividends and announcements
Dividends & corporate actions
- Interim Dividend - Rs 12 Per Share
- Scheme Of Arrangement - Bonus Ncrps 4:1
- Interim Dividend - Rs 10 Per Share
- Interim Dividend - Rs 8 Per Share
- Interim Dividend - Rs 5 Per Share
- Interim Dividend - Rs 3.75 Per Share
- Interim Dividend - Rs 1.40 Per Share
- Interim Dividend - Rs 2.10 Per Share
Board meetings
- TVS Motor Company Limited has informed the Exchange about Board Meeting to be held on 28-Oct-2026 to inter-alia consider and approve the Unaudited Fi…
- Board Meeting intimation for considering and approving, Inter-Alia Unaudited (Limited Reviewed) Financial Results for the quarter ended 30th Septembe…
- the Quarterly Unaudited Financial results of the Company for the period ended June 2026 and Fund raising.
- the financial results for the period ended Jun 30, 2026 and Fund Raising
- TVS Motor Company Limited has informed the Exchange about Board Meeting to be held on 13-May-2026 to inter-alia consider and approve the Audited Fina…
Filings with NSE
- Press Release
- Press Release
- Analysts/Institutional Investor Meet/Con. Call Updates
- Press Release
- Monthly Business Updates
- Press Release
- Analysts/Institutional Investor Meet/Con. Call Updates
Latest news
TVSMOTOR Outlook for the WeekEquitypandit · 8 Nov, 1:30 pmTVSMOTOR Stock Price and Chart — NSE:TVSMOTORTradingView · 21 Oct, 12:30 pmTVS Motor Company appoints Peyman Kargar as Director and CEO; shares declineUpstox · 27 Aug, 12:30 pmTVS Motor Share Price Falls Over 4% After Company Names New CEO; What Should Investors Do?NDTV Profit · 28 Aug, 12:30 pmTVS Motor shares gain 4% as June sales jump 47%; Q1 volumes hit recordBusiness Standard · 2 Jul, 12:30 pmTVS Motor Company Share Price Fall: Price Action ExplainedUnivest · 21 Oct, 12:30 pmTVS Motor stock jumps nearly 4% after Q1 earnings beat; Jefferies sees strong demand, margin concerns...Moneycontrol.com · 22 Jul, 12:30 pmTVS Motor share price rises 5%, jumps 10% in 2 sessions after Q1 results; is it a stock to buy?Livemint · 22 Jul, 12:30 pmAbout
About TVS Motor Company Limited
TVS Motor Co., Ltd. is an Indian multinational motorcycle manufacturer headquartered in Chennai. It is the third-largest motorcycle company in India by revenue. The company has annual sales of three million units and an annual production capacity of over four million vehicles. TVS Motor Company is also the second largest two-wheeler exporter in India with exports to over 60 countries.
From Wikipedia (CC BY-SA 4.0).
BRANDS
Company details
- Company name
- TVS Motor Company Limited
- NSE symbol
- TVSMOTOR
- BSE scrip code
- 532343
- ISIN
- INE494B01023
- Listed on
- NSE, BSE
- Series
- EQ (normal equity)
- Listed on NSE since
- 2 Aug 2000
- Face value
- ₹1 per share
- Market lot
- 1 share
- Shares issued
- 47.51 crore
- Index
- NIFTY 500
- Sector (NSE)
- Automobile and Auto Components
- Industry
- Motor Vehicles
- Managing director / CEO
- K N Radhakrishnan
- Chair
- Sudarshan Venu
- Headquarters
- Chennai, Tamil Nadu, India
- Registered address
- "Chaitanya", No.12, Khader Nawaz Khan Road, Nungambakkam, Chennai - 600 006
- Founded
- 1978
- Employees
- 13,204
- Financial year
- April to March
- Results basis
- Consolidated
- Website
- tvsmotor.com
Peers
Other Automobile and Auto Components stocks
-
GABRIELGabriel India
₹1,641.20
+16.53%
-
MARUTIMaruti Suzuki India
₹13,024.00
-1.22%
-
M&MMahindra & Mahindra
₹3,399.00
-1.90%
-
OLAELECOla Electric Mobility
₹35.74
+3.80%
-
EICHERMOTEicher Motors
₹7,549.00
-0.57%
-
ATHERENERGAther Energy
₹1,923.00
+2.93%
-
BAJAJ-AUTOBajaj Auto
₹10,945.00
-0.86%
-
MOTHERSONSamvardhana Motherson International
₹165.83
-2.27%
Prices from NSE via Upstox. Financials from the company's results filed with NSE (XBRL); ratios are our own working. Profile from global-stock-logos (MIT). For information only, not a recommendation to buy or sell.