TVS Srichakra Ltd

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

TVS Srichakra Ltd

₹ 3,983 1.93%
17 Oct - close price
tvstyres.com BSE: 509243 NSE: TVSSRICHAK
About

TVSSC belongs to the TVS group of companies. The company is a leading manufacturer of 2W tyres in India and caters to both OEMs and aftermarket segments, and also manufactures OHT for the domestic and export markets. The company has two manufacturing plants, one each in Madurai in Tamil Nadu and Rudrapur in Uttarakhand.[1]

Key Points

Business Segment
The company’s product portfolio includes tyres for 2/3-wheeler, Industrial Pneumatic, Farm and Implement, Skid-steer, Multi-purpose, etc. [1]

Website BSE NSE
  • Market Cap ₹ 3,049 Cr.
  • Current Price ₹ 3,983
  • High / Low ₹ 4,352 / 2,430
  • Stock P/E 138
  • Book Value ₹ 1,546
  • Dividend Yield 0.42 %
  • ROCE 5.36 %
  • ROE 2.35 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has been maintaining a healthy dividend payout of 42.6%

Cons

  • Stock is trading at 2.56 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 9.11% over past five years.
  • Company has a low return on equity of 6.93% over last 3 years.

* 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 Auto Components Tyres & Rubber Products

Part of BSE SmallCap BSE Allcap BSE Consumer Discretionary

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
737 834 731 683 702 740 719 765 791 842 803 818 819
706 751 671 628 642 649 650 688 736 783 758 752 771
Operating Profit 31 83 60 55 61 91 68 77 55 59 44 67 48
OPM % 4% 10% 8% 8% 9% 12% 10% 10% 7% 7% 6% 8% 6%
-3 1 0 6 3 -1 2 -6 -0 3 -5 -3 20
Interest 9 9 10 11 12 10 10 13 13 13 14 14 14
Depreciation 22 23 24 23 24 26 27 28 29 31 32 37 34
Profit before tax -3 52 26 27 28 54 33 31 12 18 -6 12 20
Tax % -24% 26% 24% 16% 25% 28% 28% 22% 44% 43% 8% 22% 36%
-2 38 20 22 21 39 24 24 7 10 -6 10 13
EPS in Rs -2.86 49.91 25.56 29.21 27.36 51.09 31.47 31.06 8.72 13.46 -7.80 12.52 16.82
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
1,938 2,176 2,185 1,961 2,152 2,431 2,104 1,939 2,543 2,985 2,926 3,254 3,282
1,787 1,958 1,858 1,676 1,899 2,168 1,887 1,709 2,373 2,751 2,625 3,024 3,064
Operating Profit 150 219 326 284 253 263 217 230 170 234 301 230 218
OPM % 8% 10% 15% 14% 12% 11% 10% 12% 7% 8% 10% 7% 7%
2 -7 23 5 15 12 10 5 4 4 -2 -5 15
Interest 50 33 22 22 31 37 39 33 34 44 48 60 55
Depreciation 26 42 44 56 69 85 100 104 80 92 104 129 133
Profit before tax 77 137 284 211 169 153 87 98 59 101 146 37 45
Tax % 15% 29% 33% 29% 31% 33% 6% 24% 27% 23% 26% 44%
65 98 190 148 116 103 82 74 43 78 108 21 27
EPS in Rs 73.89 130.11 243.09 192.79 151.68 134.44 107.53 96.54 56.77 101.85 140.98 26.92 35.00
Dividend Payout % 22% 26% 25% 26% 26% 30% 19% 31% 29% 32% 34% 63%
Compounded Sales Growth
10 Years: 4%
5 Years: 9%
3 Years: 9%
TTM: 9%
Compounded Profit Growth
10 Years: -13%
5 Years: -20%
3 Years: -16%
TTM: -78%
Stock Price CAGR
10 Years: 3%
5 Years: 23%
3 Years: 18%
1 Year: 0%
Return on Equity
10 Years: 12%
5 Years: 7%
3 Years: 7%
Last Year: 2%

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
Equity Capital 8 8 8 8 8 8 8 8 8 8 8 8
Reserves 206 275 404 553 631 721 737 817 963 1,027 1,104 1,176
383 274 145 315 312 426 351 208 610 662 842 886
428 414 412 515 475 655 520 590 779 757 739 906
Total Liabilities 1,025 970 969 1,391 1,426 1,809 1,616 1,622 2,359 2,453 2,694 2,976
344 382 384 532 620 662 687 666 708 905 1,084 1,167
CWIP 20 18 44 63 26 34 48 63 226 145 143 98
Investments 0 1 49 49 68 97 97 101 254 255 260 392
661 569 493 748 711 1,016 785 793 1,171 1,149 1,207 1,319
Total Assets 1,025 970 969 1,391 1,426 1,809 1,616 1,622 2,359 2,453 2,694 2,976

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
14 244 400 64 185 64 299 307 -62 206 228 197
-89 -84 -120 -215 -102 -120 -136 -92 -282 -202 -325 -154
38 -158 -271 149 -79 52 -169 -215 348 0 101 -47
Net Cash Flow -37 2 9 -3 5 -4 -5 1 4 4 3 -3

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 62 38 29 38 41 51 36 46 34 27 35 39
Inventory Days 74 74 63 138 95 123 135 149 198 161 159 154
Days Payable 77 52 34 67 50 83 70 102 102 85 91 97
Cash Conversion Cycle 58 59 58 109 86 91 101 93 131 102 103 96
Working Capital Days 11 7 5 -0 -3 4 18 28 36 6 6 -13
ROCE % 23% 30% 50% 32% 22% 18% 11% 12% 7% 9% 11% 5%

Shareholding Pattern

Numbers in percentages

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
45.37% 45.58% 45.70% 45.70% 45.70% 45.70% 45.70% 45.70% 45.70% 45.70% 45.70% 45.70%
1.41% 1.20% 1.08% 1.01% 1.11% 1.16% 1.02% 1.00% 1.05% 1.03% 1.06% 0.99%
0.02% 0.05% 0.36% 0.49% 2.77% 5.04% 5.04% 5.02% 4.95% 4.95% 4.95% 4.95%
53.21% 53.17% 52.85% 52.80% 50.41% 48.07% 48.22% 48.27% 48.30% 48.32% 48.28% 48.36%
No. of Shareholders 28,05427,05126,68627,24926,66625,38324,96425,45726,27926,35626,40626,552

* 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

  • Aug 2022
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