Nifty
:
24102.90
Sensex
:
77094.07
89.80 (0.37%)
291.17 (0.38%)
Nifty
Sensex
:
:
24102.90
77094.07
89.80 (0.37%)
291.17 (0.38%)

TVS Motor Company Ltd.

Automobile Two & Three Wheelers

Rating :
77/99

BSE: 532343 | NSE: TVSMOTOR

NSE BSE
3488.70
22-Jun-2026
  • Open
  • High
  • Low
  • Previous Close
  •  3470
  •  3496.6
  •  3443.1
  •  3442.90
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  990508
  •  3442622780.1
  •  3970
  •  2728.7

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 1,65,679.50
  • 54.89
  • 1
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 1,67,838.96
  • 0.34%
  • 17.32

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 50.27%
  • 0.61%
  • 6.65%
  • FII
  • DII
  • Others
  • 22.56%
  • 16.89%
  • 3.02%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 14.51
  • 17.82
  • 11.30

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 23.19
  • 24.04
  • 10.07

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 17.79
  • 29.99
  • 18.41

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 47.94
  • 54.62
  • 61.17

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 10.92
  • 13.05
  • 15.96

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 18.92
  • 20.60
  • 23.35

Earnings Forecasts:

(Updated: 23-06-2026)
Description
2026
2027
2028
2029
Adj EPS
75.42
90.35
111.99
131.66
P/E Ratio
46.26
38.61
31.15
26.50
Revenue
47187
54317.8
62355.2
70948.6
EBITDA
6076.7
7040.7
8560.3
9972.2
Net Income
3731.95
4354.63
5313.4
6444.6
ROA
20.1
19.23
20.08
15.86
P/B Ratio
13.81
11.32
8.73
6.83
ROE
34.08
33.2
31.18
27.34
FCFF
3100.42
2962.32
4460.78
4512.42
FCFF Yield
1.61
1.54
2.31
2.34
Net Debt
2582.8
2148.6
255.75
888.3
BVPS
252.61
308.17
399.54
510.84

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Var%
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Net Sales
15,052.73
11,542.00
30.42%
14,755.52
11,034.88
33.72%
14,051.22
11,197.19
25.49%
12,210.05
10,314.47
18.38%
Expenses
12,865.82
9,622.30
33.71%
12,485.30
9,380.71
33.10%
11,928.86
9,571.71
24.63%
10,396.21
8,865.57
17.26%
EBITDA
2,186.91
1,919.70
13.92%
2,270.22
1,654.17
37.24%
2,122.36
1,625.48
30.57%
1,813.84
1,448.90
25.19%
EBIDTM
14.53%
16.63%
15.39%
14.99%
15.10%
14.52%
14.86%
14.05%
Other Income
6.65
-68.16
-
-10.30
65.11
-
-14.00
32.31
-
39.66
40.77
-2.72%
Interest
565.82
550.80
2.73%
561.05
536.09
4.66%
552.39
506.50
9.06%
550.56
499.87
10.14%
Depreciation
314.54
291.80
7.79%
322.85
258.43
24.93%
320.42
253.98
26.16%
314.83
241.34
30.45%
PBT
1,313.20
1,008.94
30.16%
1,325.94
924.76
43.38%
1,235.55
897.31
37.69%
988.11
748.46
32.02%
Tax
478.58
306.18
56.31%
431.87
298.71
44.58%
390.53
297.40
31.31%
334.33
253.16
32.06%
PAT
834.62
702.76
18.76%
894.07
626.05
42.81%
845.02
599.91
40.86%
653.78
495.30
32.00%
PATM
5.54%
6.09%
6.06%
5.67%
6.01%
5.36%
5.35%
4.80%
EPS
16.24
13.64
19.06%
17.71
11.91
48.70%
16.74
11.80
41.86%
12.84
9.70
32.37%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Net Sales
56,069.52
44,089.01
38,778.82
31,973.99
24,355.31
19,420.82
18,849.31
20,159.99
16,340.25
12,462.62
11,377.06
Net Sales Growth
27.17%
13.69%
21.28%
31.28%
25.41%
3.03%
-6.50%
23.38%
31.11%
9.54%
 
Cost Of Goods Sold
34,879.76
26,723.84
24,270.22
20,846.26
16,257.29
12,925.46
12,316.77
13,954.32
11,291.56
8,936.46
8,026.57
Gross Profit
21,189.76
17,365.17
14,508.60
11,127.73
8,098.02
6,495.36
6,532.54
6,205.67
5,048.69
3,526.16
3,350.49
GP Margin
37.79%
39.39%
37.41%
34.80%
33.25%
33.45%
34.66%
30.78%
30.90%
28.29%
29.45%
Total Expenditure
47,676.19
37,518.56
33,327.73
27,906.61
21,600.68
17,182.99
16,576.26
17,999.17
14,797.80
11,593.86
10,560.95
Power & Fuel Cost
-
118.63
104.53
133.47
126.81
96.14
112.75
136.59
128.63
108.83
105.70
% Of Sales
-
0.27%
0.27%
0.42%
0.52%
0.50%
0.60%
0.68%
0.79%
0.87%
0.93%
Employee Cost
-
3,580.88
3,297.72
2,890.25
2,124.62
1,689.37
1,539.35
1,432.15
1,149.79
828.05
731.19
% Of Sales
-
8.12%
8.50%
9.04%
8.72%
8.70%
8.17%
7.10%
7.04%
6.64%
6.43%
Manufacturing Exp.
-
334.37
245.47
209.50
160.71
142.23
154.06
155.03
156.57
142.71
130.24
% Of Sales
-
0.76%
0.63%
0.66%
0.66%
0.73%
0.82%
0.77%
0.96%
1.15%
1.14%
General & Admin Exp.
-
106.77
63.59
58.54
59.77
46.65
31.59
29.46
73.14
55.04
42.07
% Of Sales
-
0.24%
0.16%
0.18%
0.25%
0.24%
0.17%
0.15%
0.45%
0.44%
0.37%
Selling & Distn. Exp.
-
2,205.69
1,738.65
1,293.70
1,076.82
938.77
1,192.42
1,178.91
1,297.74
1,082.34
1,089.28
% Of Sales
-
5.00%
4.48%
4.05%
4.42%
4.83%
6.33%
5.85%
7.94%
8.68%
9.57%
Miscellaneous Exp.
-
4,448.38
3,607.55
2,474.89
1,794.66
1,344.37
1,229.32
1,112.71
700.37
440.43
1,089.28
% Of Sales
-
10.09%
9.30%
7.74%
7.37%
6.92%
6.52%
5.52%
4.29%
3.53%
3.83%
EBITDA
8,393.33
6,570.45
5,451.09
4,067.38
2,754.63
2,237.83
2,273.05
2,160.82
1,542.45
868.76
816.11
EBITDA Margin
14.97%
14.90%
14.06%
12.72%
11.31%
11.52%
12.06%
10.72%
9.44%
6.97%
7.17%
Other Income
22.01
147.83
132.75
138.00
32.87
47.22
51.83
25.44
99.61
165.44
91.35
Interest
2,229.82
2,093.25
1,916.60
1,367.89
940.22
881.49
854.54
663.40
338.22
59.62
70.02
Depreciation
1,272.64
1,045.56
956.15
858.86
742.86
564.82
556.00
441.71
373.60
316.82
262.19
PBT
4,862.80
3,579.47
2,711.09
1,978.63
1,104.42
838.74
914.34
1,081.15
930.24
657.76
575.25
Tax
1,635.31
1,155.45
914.04
626.57
335.91
214.13
218.62
357.45
266.03
148.67
151.45
Tax Rate
33.63%
32.28%
33.71%
31.70%
31.56%
25.82%
25.01%
33.06%
28.60%
22.60%
26.33%
PAT
3,227.49
2,205.65
1,661.41
1,328.67
756.82
594.26
624.62
704.67
652.35
511.24
429.15
PAT before Minority Interest
3,059.39
2,349.90
1,753.58
1,309.46
730.88
607.50
646.80
725.40
664.78
509.29
428.64
Minority Interest
-168.10
-144.25
-92.17
19.21
25.94
-13.24
-22.18
-20.73
-12.43
1.95
0.51
PAT Margin
5.76%
5.00%
4.28%
4.16%
3.11%
3.06%
3.31%
3.50%
3.99%
4.10%
3.77%
PAT Growth
33.15%
32.76%
25.04%
75.56%
27.36%
-4.86%
-11.36%
8.02%
27.60%
19.13%
 
EPS
67.93
46.42
34.97
27.97
15.93
12.51
13.15
14.83
13.73
10.76
9.03

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Shareholder's Funds
8,503.38
6,783.51
5,505.00
4,399.45
3,826.61
3,282.10
3,170.17
2,677.20
2,216.04
1,818.48
Share Capital
47.51
47.51
47.51
47.51
47.51
47.51
47.51
47.51
47.51
47.51
Total Reserves
8,455.60
6,736.00
5,457.49
4,351.94
3,779.10
3,234.59
3,122.66
2,629.69
2,168.53
1,770.97
Non-Current Liabilities
14,825.19
13,236.86
9,798.63
7,949.47
6,741.85
5,643.89
5,095.76
2,502.17
694.52
703.52
Secured Loans
9,896.95
8,926.36
5,673.08
4,815.42
4,600.99
4,318.65
3,970.54
1,616.61
296.58
304.08
Unsecured Loans
4,035.73
3,702.96
3,391.00
2,490.35
1,679.27
902.58
938.62
744.32
204.65
204.64
Long Term Provisions
322.57
270.18
231.26
196.24
159.44
131.42
89.64
86.53
64.59
48.69
Current Liabilities
23,173.54
21,078.21
19,218.70
13,906.30
10,908.71
10,025.24
8,184.79
7,829.85
3,208.62
2,624.56
Trade Payables
7,561.26
6,638.22
5,096.67
4,663.13
4,298.60
3,186.84
3,159.68
2,650.84
1,953.69
1,626.52
Other Current Liabilities
12,548.38
9,609.83
9,180.87
5,446.16
3,455.52
2,967.13
1,706.24
1,921.35
451.17
548.96
Short Term Borrowings
2,805.83
4,628.94
4,809.37
3,689.59
3,069.25
3,780.70
3,253.81
3,192.46
740.85
390.58
Short Term Provisions
258.07
201.22
131.79
107.42
85.34
90.57
65.06
65.20
62.91
58.50
Total Liabilities
47,441.00
41,826.18
34,927.18
26,908.78
21,865.07
19,272.17
16,696.49
13,190.30
6,127.96
5,146.05
Net Block
7,503.07
5,753.12
5,610.33
5,836.94
4,083.35
3,672.99
3,229.10
2,955.45
2,329.50
2,038.14
Gross Block
14,027.00
11,623.13
10,682.10
10,330.95
7,904.34
6,920.59
6,026.04
5,406.29
4,490.27
3,968.05
Accumulated Depreciation
6,523.93
5,870.01
5,071.77
4,494.01
3,820.99
3,247.60
2,796.94
2,450.84
2,160.77
1,929.91
Non Current Assets
21,456.75
20,306.17
17,902.90
14,021.15
11,328.23
9,533.17
8,364.82
6,865.56
3,693.69
3,094.04
Capital Work in Progress
1,465.45
1,032.95
743.45
551.53
1,040.77
1,006.01
744.51
313.26
63.81
47.21
Non Current Investment
732.07
960.00
775.33
474.33
468.01
370.91
439.73
421.02
1,155.19
914.39
Long Term Loans & Adv.
11,581.07
12,296.18
10,503.43
6,905.97
5,581.01
4,318.53
3,771.39
3,006.27
100.14
53.38
Other Non Current Assets
33.71
126.22
132.66
114.68
17.39
27.03
42.39
31.16
12.49
12.80
Current Assets
25,984.25
21,520.01
17,024.28
12,887.63
10,536.84
9,739.00
8,331.67
6,324.74
2,434.27
2,052.01
Current Investments
515.31
163.19
191.92
130.23
0.00
0.00
0.00
0.00
0.00
0.00
Inventories
2,416.58
2,248.40
1,921.51
1,642.36
1,367.43
1,188.47
1,291.57
1,056.15
1,161.86
882.60
Sundry Debtors
1,716.75
1,839.42
1,256.42
1,177.30
1,029.26
1,454.36
1,546.07
1,070.88
701.81
490.84
Cash & Bank
4,386.24
2,425.73
1,879.11
1,535.61
1,656.85
1,107.57
206.31
172.93
51.26
53.57
Other Current Assets
16,949.37
430.41
770.43
341.83
6,483.30
5,988.60
5,287.72
4,024.78
519.34
625.00
Short Term Loans & Adv.
16,163.58
14,412.86
11,004.89
8,060.30
6,321.85
5,815.28
5,117.11
3,884.13
460.11
548.45
Net Current Assets
2,810.71
441.80
-2,194.42
-1,018.67
-371.87
-286.24
146.88
-1,505.11
-774.35
-572.55
Total Assets
47,441.00
41,826.18
34,927.18
26,908.78
21,865.07
19,272.17
16,696.49
13,190.30
6,127.96
5,146.05

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Cash From Operating Activity
3,502.92
-1,252.67
-4,404.81
-1,575.19
1,151.29
373.43
-917.94
354.41
689.36
936.34
PBT
3,527.84
2,702.92
1,936.03
1,066.79
821.63
865.42
1,082.85
930.24
657.76
575.25
Adjustment
1,438.04
1,271.47
994.50
852.65
737.72
631.19
582.95
401.38
266.60
236.86
Changes in Working Capital
-316.31
-4,267.64
-6,727.47
-3,128.48
-157.33
-881.36
-2,267.02
-651.68
-97.99
283.89
Cash after chg. in Working capital
4,649.57
-293.25
-3,796.94
-1,209.04
1,402.02
615.25
-601.22
679.94
826.37
1,096.00
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-1,146.65
-959.42
-607.87
-366.15
-250.73
-241.82
-316.72
-325.53
-137.01
-159.66
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-2,898.96
-1,481.36
-1,307.76
-1,470.91
-882.37
-1,090.15
-1,103.63
-1,095.17
-708.97
-604.95
Net Fixed Assets
-1,337.88
-1,040.82
-984.73
-981.23
-579.18
-759.65
-634.30
-685.28
-495.18
-584.96
Net Investments
-2,280.16
-1,307.39
-967.89
-1,401.46
-708.64
-305.21
-265.29
-447.48
-373.04
-202.40
Others
719.08
866.85
644.86
911.78
405.45
-25.29
-204.04
37.59
159.25
182.41
Cash from Financing Activity
1,155.24
3,238.64
6,118.08
2,918.02
263.50
1,619.17
2,209.77
896.54
-58.93
-319.00
Net Cash Inflow / Outflow
1,759.20
504.61
405.51
-128.08
532.42
902.45
188.20
155.78
-78.54
12.39
Opening Cash & Equivalents
2,355.80
1,851.19
1,445.68
1,573.76
1,041.34
138.89
-49.31
-205.09
-126.55
-138.94
Closing Cash & Equivalent
4,115.00
2,355.80
1,851.19
1,445.68
1,573.76
1,041.34
138.89
-49.31
-205.09
-126.55

Financial Ratios

Consolidated /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Book Value (Rs.)
178.98
142.78
115.87
92.60
80.54
69.08
66.73
56.35
46.64
38.28
ROA
5.26%
4.57%
4.24%
3.00%
2.99%
3.64%
4.84%
6.88%
9.03%
8.72%
ROE
30.74%
28.54%
26.44%
17.77%
17.31%
20.32%
24.75%
27.15%
25.24%
27.79%
ROCE
16.42%
15.49%
14.11%
11.32%
11.26%
12.76%
15.81%
19.32%
22.29%
24.56%
Fixed Asset Turnover
3.44
3.48
3.04
2.67
2.62
2.91
3.53
3.38
3.21
3.42
Receivable days
14.72
14.57
13.89
16.53
23.34
29.05
23.69
19.37
16.04
13.30
Inventory Days
19.31
19.62
20.34
22.55
24.02
24.01
21.25
24.24
27.49
27.91
Payable days
96.97
88.24
85.44
100.60
105.69
72.71
61.05
58.35
57.09
55.97
Cash Conversion Cycle
-62.94
-54.05
-51.21
-61.51
-58.33
-19.64
-16.10
-14.74
-13.56
-14.76
Total Debt/Equity
3.25
3.73
3.93
3.48
3.12
3.46
2.93
2.59
0.59
0.60
Interest Cover
2.67
2.39
2.42
2.13
1.94
2.02
2.63
3.75
12.03
9.22

Annual Reports:

FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016

News Update:


  • TVS Motor Company unveils premium retail channel ‘TVS Paddock’
    8th Jun 2026, 09:41 AM

    TVS Paddock is scheduled to be launched in Q2FY27

    Read More
  • TVS Motor Company’s TVS HLX series crosses 5 million in global sales
    5th Jun 2026, 16:30 PM

    Launched first in 2013 in Africa, the TVS HLX series has been instrumental in transforming millions of lives

    Read More
  • TVS Motor Company reports 31% sales growth in May
    1st Jun 2026, 13:02 PM

    The company's total International Business sales registered a growth of 49% increasing from 1,18,437 units in May 2025

    Read More
  • TVS Motor gets nod to acquire 4.90% stake in Jana Small Finance Bank
    18th May 2026, 14:42 PM

    The cost of acquisition of 4.90% stake is around Rs 193.31 crore

    Read More
  • TVS Motor - Quarterly Results
    14th May 2026, 00:00 AM

    Read More
  • TVS Motor Company reports 19% rise in Q4FY26 consolidated net profit
    13th May 2026, 16:14 PM

    Consolidated total income of the company increased by 31.25% at Rs 15,059.38 crore for Q4FY26

    Read More
  • TVS Motor Company launches new TVS Ronin in Sri Lanka
    11th May 2026, 09:22 AM

    The TVS Ronin top variant will be available at an introductory price of 1.499 million Sri Lankan Rupee (LKR) (ex-showroom, Sri Lanka)

    Read More
  • TVS Motor Company launches TVS iQube S 4.7 kWh
    6th May 2026, 15:12 PM

    The TVS iQube S 4.7 kWh, priced at Rs 1,37,142 offers an IDC certified range of 175 km

    Read More
  • TVS Motor Company enters into Zambian market
    21st Apr 2026, 09:59 AM

    TVSM is introducing a diverse lineup of eight products, meticulously curated to meet the specific needs of Zambian commuters and businesses

    Read More
  • TVS Motor Company enters into JDA with Hyundai Motor Company
    21st Apr 2026, 09:41 AM

    The JDA is being entered into for the development, manufacturing, and commercialisation of electric micromobility 3-wheelers (including its versions or variants)

    Read More
  • TVS Motor Company raises stake in DriveX to 92.41%
    17th Apr 2026, 12:43 PM

    The proceeds of the issue will be primarily utilized towards repayment of the debt obligations and for operational expenses of DriveX

    Read More
  • TVS Motor Company launches TVS Armado 200 in Indonesia
    8th Apr 2026, 11:19 AM

    Available in three colors - Blue, Red, and White - the TVS Armado 200 is offered at normal price 35,900,000 IDR

    Read More
  • TVS Motor Company reports 25% sales growth in March 2026
    2nd Apr 2026, 09:56 AM

    During the Q4 of 2025-26, the company registered a growth of 28% with total sales increasing from 12.16 lakh units in FY 2024-25 to 15.60 lakh units

    Read More
  • TVS Motor launches TVS Apache RTR 310 in Morocco
    30th Mar 2026, 09:30 AM

    The TVS Apache RTR 310 is launched in 4 standard SKUs

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.