TVS Motor Company Ltd

TVS Motor Co. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

TVS Motor Company Ltd

₹ 3,447 -0.76%
06 Nov - close price
tvsmotor.com BSE: 532343 NSE: TVSMOTOR
About

TVS Motor Company Ltd (TVSM) is engaged in manufacturing two-wheelers and its accessories; it currently manufactures a wide range of two-wheelers and three-wheelers. [1]

Key Points

Overview[1]
TVSM is one of the leading players in the two-wheeler industry and is the only company to have a presence in all the three categories, i.e., motorcycles, scooters, and mopeds, catering to both domestic and international
markets. TVSM is also the only company to have a presence in the moped segment for the domestic market.

Website BSE NSE
  • Market Cap ₹ 1,63,753 Cr.
  • Current Price ₹ 3,447
  • High / Low ₹ 3,720 / 2,170
  • Stock P/E 62.8
  • Book Value ₹ 171
  • Dividend Yield 0.29 %
  • ROCE 15.4 %
  • ROE 28.4 %
  • Face Value ₹ 1.00
Edit ratios

Pros

  • Company has reduced debt.
  • Company has delivered good profit growth of 27.3% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 27.2%
  • Company has been maintaining a healthy dividend payout of 20.6%

Cons

  • Stock is trading at 20.2 times its book value

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Consumer Discretionary Automobile and Auto Components Automobiles 2/3 Wheelers

Part of BSE 500 BSE 100 BSE 200 BSE Dollex 200 Nifty Next 50

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
8,561 8,066 8,031 9,056 9,933 10,114 9,942 10,314 11,302 11,035 11,542 12,210 14,051
7,490 7,055 6,982 7,852 8,588 8,639 8,487 8,884 9,678 9,402 9,638 10,407 11,941
Operating Profit 1,071 1,011 1,049 1,204 1,345 1,475 1,455 1,431 1,624 1,633 1,904 1,803 2,110
OPM % 13% 13% 13% 13% 14% 15% 15% 14% 14% 15% 16% 15% 15%
30 8 67 87 51 12 -34 48 32 70 -57 40 -14
Interest 338 339 398 437 483 494 511 500 509 536 551 551 552
Depreciation 212 216 232 227 237 242 263 241 259 258 292 315 320
Profit before tax 550 464 486 627 676 750 647 738 888 908 1,004 977 1,223
Tax % 32% 35% 31% 30% 38% 32% 36% 34% 34% 33% 31% 34% 32%
373 304 336 441 416 510 412 485 588 609 698 643 833
EPS in Rs 8.13 6.33 7.07 9.14 8.13 10.08 8.15 9.70 11.80 11.91 13.64 12.84 16.74
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
8,384 10,256 11,377 12,463 16,340 20,160 18,849 19,421 24,355 31,974 39,145 44,089 48,838
7,892 9,650 10,558 11,591 14,769 17,997 16,585 17,189 21,601 27,947 33,645 37,514 41,389
Operating Profit 492 605 819 871 1,571 2,163 2,264 2,232 2,755 4,027 5,500 6,575 7,450
OPM % 6% 6% 7% 7% 10% 11% 12% 11% 11% 13% 14% 15% 15%
44 80 93 163 71 25 12 36 -5 136 106 99 38
Interest 80 62 70 60 338 663 855 881 940 1,368 1,928 2,093 2,190
Depreciation 149 179 262 317 374 442 556 565 743 859 975 1,046 1,185
Profit before tax 307 444 580 658 931 1,083 865 822 1,067 1,936 2,703 3,535 4,112
Tax % 39% 28% 26% 23% 29% 33% 25% 26% 31% 32% 34% 33%
187 328 429 509 665 725 647 608 731 1,309 1,779 2,380 2,782
EPS in Rs 3.92 6.91 9.03 10.76 13.73 14.83 13.15 12.51 15.93 27.97 35.50 47.06 55.13
Dividend Payout % 37% 28% 28% 23% 24% 24% 27% 28% 24% 18% 23% 21%
Compounded Sales Growth
10 Years: 16%
5 Years: 19%
3 Years: 22%
TTM: 17%
Compounded Profit Growth
10 Years: 22%
5 Years: 27%
3 Years: 41%
TTM: 39%
Stock Price CAGR
10 Years: 28%
5 Years: 48%
3 Years: 46%
1 Year: 39%
Return on Equity
10 Years: 24%
5 Years: 25%
3 Years: 27%
Last Year: 28%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 48 48 48 48 48 48 48 48 48 48 48 48 48
Reserves 1,113 1,277 1,771 2,169 2,630 3,123 3,235 3,779 4,352 5,457 6,736 8,456 8,068
728 1,119 1,091 1,311 6,928 9,298 11,591 12,179 15,827 22,376 26,006 28,609 16,862
1,743 2,126 2,236 2,601 3,586 4,228 4,399 5,859 6,692 7,144 9,235 10,539 26,949
Total Liabilities 3,632 4,570 5,146 6,128 13,190 16,696 19,272 21,865 26,919 35,025 42,024 47,651 51,927
1,517 1,637 2,038 2,362 3,094 3,367 3,811 4,221 5,975 5,748 5,891 7,644 9,147
CWIP 48 93 47 64 313 745 1,006 1,041 552 743 1,033 1,465 701
Investments 439 539 943 1,155 421 440 371 468 605 967 1,123 1,247 1,316
1,628 2,301 2,118 2,547 9,362 12,145 14,085 16,135 19,788 27,566 33,977 37,294 40,763
Total Assets 3,632 4,570 5,146 6,128 13,190 16,696 19,272 21,865 26,919 35,025 42,024 47,651 51,927

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
470 83 936 689 354 -918 373 1,151 -1,575 -4,405 -1,253 3,503
-235 -415 -605 -709 -1,095 -1,104 -1,090 -882 -1,471 -1,308 -1,001 -2,899
-216 261 -319 -59 897 2,210 1,619 253 2,918 6,118 2,759 1,155
Net Cash Flow 19 -71 12 -79 156 188 902 522 -128 406 505 1,759

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 15 15 16 21 24 28 28 19 18 14 17 14
Inventory Days 41 51 40 47 34 34 35 39 37 34 34 33
Days Payable 64 76 74 80 86 83 94 121 105 89 99 103
Cash Conversion Cycle -7 -11 -18 -12 -28 -21 -31 -63 -50 -41 -48 -56
Working Capital Days -12 -11 -20 -24 -37 -1 -27 -38 -40 -49 -20 -17
ROCE % 19% 21% 22% 22% 19% 16% 13% 11% 11% 13% 15% 15%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
50.27% 50.27% 50.27% 50.27% 50.27% 50.27% 50.27% 50.27% 50.27% 50.27% 50.27% 50.27%
14.45% 17.02% 18.13% 18.51% 19.27% 20.83% 21.05% 22.33% 21.20% 21.48% 22.42% 22.90%
26.85% 24.39% 23.41% 23.10% 21.79% 20.26% 20.13% 19.02% 19.99% 19.73% 18.80% 18.34%
8.44% 8.33% 8.19% 8.12% 8.68% 8.64% 8.56% 8.33% 8.45% 8.45% 8.40% 8.46%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.07% 0.07% 0.07% 0.10% 0.04%
No. of Shareholders 1,94,3051,94,3471,98,0022,02,5582,42,0942,60,6182,69,7762,69,0302,92,4893,01,3082,99,6443,09,383

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls