5nance5nance
5nance5nance
HomeScreens
LOGINGET FREE ACCOUNT

TVS Motor Company Ltd.

•
tvsmotor.comBSE: 532343NSE: TVSMOTOR
Market Cap₹ 1,96,092 Cr.
Current Price
High / Low₹ 4,484 / 3,228
Stock P/E48.8
Book Value₹ 261
Price to Book14.23
Dividend Yield0.29 %
ROCE39.3 %
ROE34.2 %
Face Value₹ 1

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2026 • Automotive Vehicles & Parts: 100.0%

AI Sector View

AI GENERATED

Automobile and Auto Components

Buy

Domestic auto demand remains strong across categories, with total vehicles registered up 27% YoY (2026-07), passenger vehicle sales up 14% YoY (2026-06), 2-wheelers up 23% YoY (2026-06), and tractor sales up 18% YoY (2026-07). Core demand is reinforced by vehicle sales of 395199 units (Jul/26) and car registrations of 457810 units (Jul/26), outweighing FPI outflows of INR -11826 crore over 3 months to 2026-08-31. The stance stays positive because fundamentals are stronger than positioning.

Confidence
74%
View full sector analysis →

PROS

  • Company has delivered good profit growth of 42.6% CAGR over last 5 years
  • Company has a healthy return on capital (ROCE) of 36.0%
  • Company has a good return on equity (ROE) track record: 3 Years ROE 31.3%
  • Latest quarter profit grew 50.8% YoY, showing strong momentum
  • Company has delivered good sales growth of 23.1% CAGR over last 5 years
  • Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.64x)

CONS

  • Receivables are growing faster than sales - a possible quality concern
  • Total debt has risen sharply - up 80.7% year on year
  • Stock is trading at 14.2x its book value
  • Growth is decelerating - 3Y profit CAGR (34.3%) trails the 5Y trend (42.6%)
  • Rich enterprise valuation - EV/EBITDA of 26.8x

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Automobile and Auto ComponentsAutomobile & AncillariesAutomobile Two & Three Wheelers
Part ofNIFTY NEXT 50NIFTY ALPHA 50NIFTYLARGEMIDCAP250NIFTY AUTONIFTY CONSUMPTION
S.No.Name
1.BAJAJ-AUTO11684.0027.30321080.801.283188.7544.2621688.8371.5028.6820.88
2.EICHERMOT7540.0035.86206989.371.091462.5121.356632.4234.1130.5426.51
3.TVSMOTOR4127.5057.21196092.210.291057.6164.5216295.5233.4618.2414.38
4.HEROMOTOCO5225.0019.19104573.783.541417.93-91.6913126.3534.9435.9212.97
5.ATHERENERG1655.500.0065657.750.00-510.90—12169.20—-21.59-2.73
6.OLAELEC38.560.0017847.140.00-336.0021.50455.00-45.05-20.87-36.26
7.ATULAUTO447.0526.261240.620.678.04290.29218.4344.7311.277.72
8.URJA9.02459.41502.600.000.43-55.4213.96-26.551.403.99
9.WARDINMOBI5.74183.30172.670.000.17-84.7761.6491.0212.486.17
Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
7,2188,1458,2458,1698,3769,2289,0979,55010,08111,90512,47612,80813,896
6,4547,2457,3217,2437,4158,1488,0168,2208,81810,39710,84211,12812,457
Operating Profit7649009249269601,0801,0811,3311,2631,5091,6341,6791,439
OPM %10.58%11.05%11.21%11.34%11.46%11.70%11.89%13.93%12.53%12.67%13.10%13.11%10.35%
584673-293630-23-8534-21-69-16151
Interest47524537373234364047585976
Depreciation164170178189176181188200204214234246265
Profit before Tax6107247756727838978371,0101,0531,2261,2731,3581,589
Tax %23.38%25.86%23.44%27.72%26.26%26.15%26.08%25.72%26.06%26.11%26.15%26.55%26.14%
Net Profit4685375934855776636187507799069409981,174
9.8411.2912.4910.2212.1513.9513.0215.7816.3919.0719.7921.0024.71

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
12,13515,17518,21016,42316,75120,79126,37831,77636,25147,27051,085
11,27814,00016,77715,07715,32218,82923,70328,28931,88041,27944,825
Operating Profit8571,1751,4331,3461,4291,9622,6753,4874,3715,9926,261
OPM %7.06%7.74%7.87%8.19%8.53%9.44%10.14%10.97%12.06%12.68%12.26%
173998-033-11101175371644
Interest445781102142126141182139204239
Depreciation288339399489494611631700748901959
Profit before Tax6998799617548261,2132,0032,7813,5224,9045,447
Tax %20.12%24.59%30.26%21.49%25.92%26.35%25.57%25.09%26.06%26.27%26.24%
Net Profit5586636705926128941,4912,0832,6043,6154,018
EPS11.7513.9514.1112.4712.8818.8131.3843.8454.8176.09—
Dividend Payout %21.28%23.66%24.81%28.08%27.17%19.94%15.93%18.25%18.25%15.77%—

COMPOUNDED SALES GROWTH

10 Years:
16%
5 Years:
23%
3 Years:
21%

COMPOUNDED PROFIT GROWTH

10 Years:
22%
5 Years:
43%
3 Years:
34%

STOCK PRICE CAGR

10 Years:
29%
5 Years:
50%
3 Years:
41%
1 Year:
17%

RETURN ON EQUITY

10 Years:
25%
5 Years:
28%
3 Years:
31%
Last Year:
34%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Corporate actions

2024

Mar 14

Bonus issue

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital48484848484848484848
2,3612,8333,3003,5714,1234,7756,0007,6849,85011,187
1,0851,1671,3782,0601,1291,8502,0021,3311,0572,962
Trade Payables1,8592,4862,9242,8863,9224,0304,1315,1126,1638,265
5526237207889761,2011,8121,8882,8363,455
Total Liabilities5,9057,1568,3699,35310,19711,90213,99216,06219,95225,916
1,9842,3722,5792,9003,0103,3073,5963,7724,4025,460
Capital Work in Progress6292109127113246274330642586
1,5882,0352,3012,6063,3154,7165,6846,9919,16311,647
9679641,1761,0391,1521,1231,2361,3711,7261,580
0000870001,3021,2802,086
Cash & Bank91144419930401242531589975
1,2951,6822,1602,2638082,1102,9601,7662,1493,581
Total Assets5,9057,1568,3699,35310,19711,90213,99216,06219,95225,916

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
8531,5441,3281,5792,5611,8082,4753,6174,2925,730
Cash from Investing-748-1,131-1,002-1,289-921-2,141-2,312-1,896-3,970-4,310
Cash from Financing-73-7581271-1,196113225-1,470-588-1,344
-9791177375445-530-94251-26676

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026

Shareholding Pattern

Numbers in percentages

Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
50.2750.2750.2750.2750.2750.2750.2750.2750.27
21.0522.3321.2021.4822.4222.9023.0922.5620.45
20.1319.0219.9919.7318.8018.3418.2818.8421.11
Government0.000.000.000.000.000.000.000.000.00
8.558.408.538.528.518.508.368.338.17

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-11
Press Release

2026-09-11 - TVS Motor Company Limited has informed the Exchange regarding a press release dated September 11, 2026, titled "TVS MOTOR COMPANY BRINGS THE NEXT GENERATION OF APACHE PERFORMANCE TO SRI LANKA WITH THE WHOLE RANGE".

2026-09-07
Press Release

2026-09-07 - TVS Motor Company Limited has informed the Exchange regarding a press release dated September 07, 2026, titled "TVS MOTOR COMPANY BRINGS FLAGSHIP ADVENTURE TECHNOLOGY TO THE A2 CLASS WITH RTX 300".

2026-09-04
Analysts/Institutional Investor Meet/Con. Call Updates

2026-09-04 - TVS Motor Company Limited has informed the Exchange about Schedule of meet

2026-09-01
General Updates

2026-09-01 - TVS Motor Company Limited has informed the Exchange regarding redemption of 190,03,48,456 bonus NCRPS in terms of Regulation 57(1) of the SEBI (Listing Obligations and Disclosure Requirements), 2015

2026-09-01
Monthly Business Updates

2026-09-01 - TVS Motor Company Limited has informed the Exchange regarding Monthly Business Updates for the month of August 2026

2026-08-28
Press Release

2026-08-28 - TVS Motor Company Limited has informed the Exchange regarding a press release dated August 28, 2026, titled "TVS Motor Company Appoints Peyman Kargar as Director and Chief Executive Officer of the Company.".

2026-08-28
Change in Director(s)

2026-08-28 - TVS Motor Company Limited has informed the Exchange regarding Change in Director(s) of the company.

2026-08-28
Appointment

2026-08-28 - TVS Motor Company Limited has informed the Exchange regarding Appointment of Mr Peyman as Other of the company w.e.f. January 27, 2027.

2026-08-27
Press Release

2026-08-27 - TVS Motor Company Limited has informed the Exchange regarding a press release dated August 27, 2026, titled "TVS Motor Launches TVS Jupiter Dual Tone Spectral Range".

News

Recent coverage and analyst commentary for TVSMOTOR

Loading news…

🤖

AI Stock Analyst

TVS Motor Company Ltd.

🔒

Sign in to Chat with AI

Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.

✨ Sign In to Chat

Free 5nance Account

5nance5nance

Stock analysis and screening tool

5nanceAI © 2020-2026

Made with ❤️ in India.

Data provided by Accord Fintech

Terms & Privacy.

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nance5nance

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nanceAI © 2020-2026

Data provided by Accord Fintech

Made with ❤️ in India.

HomeScreens
Login