TVSMOTOR · TVS Motor Company Ltd · Recreational Products
TVSMOTOR · TVS Motor Company Ltd · Recreational Products
As of 05 Nov close
52-week range
0.9% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹16,296 Cr
Revenue YoY
PAT YoY
+67.1%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
31.8
P/S (TTM)
3.3
Sector P/E
26
Dividend yield
+0.3%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| TVSMOTOR (this stock) | 48 | 31.8 | +5.7% | +35.8% | 3.43 | +0.3% |
| Bajaj Auto | 23.1 | 9.4 | +16.5% | +30.3% | 0.58 | +1.3% |
| Hero Motocorp | 17.6 | 5.1 | +10.7% | +25.2% | 0.04 | +3.5% |
| Tube Investments of India | 82.5 | 7.2 | +4.9% | +9.6% | 4.55 | +0.1% |
Promoter
stable
FII
falling 2q
MF
16.29% (+1.84pp)
rising 2q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- loweconomictimes.indiatimes.com· 29 Oct 2026, 06:00 amStocks in news: Jio Platforms, RIL, Hero MotoCorp, Meesho, TVS Motor, Vedanta Aluminium and Suzlon Energy
- lowgurufocus.com· 28 Oct 2026, 11:30 pmQ2 2027 TVS Motor Company Limited Earnings Call Transcript
- mediumrediff.com· 25 Oct 2026, 01:46 pmUS Fed rate decision, corporate earnings, crude oil to steer market sentiment
- loweconomictimes.indiatimes.com· 29 Sept 2026, 09:50 amAuto stocks: Festive demand gets a low-base boost; can earnings justify valuations?
- lowthehindubusinessline.com· 28 Sept 2026, 07:01 amTwo dozen stocks, including NMDC, Adani Power, NTPC Green, Sedemac, Aditya Infotech, TVS Motor, Chemplast, will remain in focus on Monday
- unknownfinancialpost.com· 28 Aug 2026, 01:09 pmTVS Motor Company Appoints Peyman Kargar as Director and Chief Executive Officer
- mediumcorporate actioneconomictimes.indiatimes.com· 25 Aug 2026, 04:30 pmFederal Bank falls 4% on report of Jana Small Finance Bank stake acquisition
- loweconomictimes.indiatimes.com· 12 Aug 2026, 10:04 am44 bullish & bearish stock picks across sectors for August by Axis Direct - Buy-On-Dips Strategy
- mediumcorporate actioneconomictimes.indiatimes.com· 11 Aug 2026, 06:12 amBSE to replace Wipro in Nifty 50 index
- lowthehindubusinessline.com· 10 Aug 2026, 09:03 pmBSE stock to enter the Nifty 50 index
- lowtimesofindia.indiatimes.com· 10 Aug 2026, 08:57 pmBSE enters Nifty50, Wipro exits: What changes from September 30
- loweconomictimes.indiatimes.com· 03 Aug 2026, 06:25 pmDivi's Laboratories among 7 stocks to hit 52-week highs and surge up to 25% in a month - New Peak
- loweconomictimes.indiatimes.com· 03 Aug 2026, 01:03 pmNifty Q1 earnings grow 11% to beat estimate, says Motilal Oswal; picks Bharti Airtel, SBI, ICICI Bank among top bets
- loweconomictimes.indiatimes.com· 02 Aug 2026, 01:11 pmAhead of Market: 10 things that will decide stock market action on Monday
- mediumcorporate actionthehindubusinessline.com· 28 Jul 2026, 12:54 pmTVS Motor raises stake in TVS Credit to 85.15% with ₹711-crore share purchase
- lowthehindubusinessline.com· 22 Jul 2026, 10:50 amAuto stocks: Bajaj Auto shares hit 52-week high, TVS Motor surges 4.5% after strong Q1 results, brokerages positive
- lowthehindubusinessline.com· 21 Jul 2026, 09:03 pmQ1 Results 21st July Highlights: ATGL Q1 PAT down 14%, Adani Energy PAT zooms, TVS Motor, Bajaj Auto & Granules India profit rise,
- loweconomictimes.indiatimes.com· 21 Jul 2026, 10:37 amAther Energy raises Rs 1,300 crore via QIP, allots shares at Rs 1,202 apiece
- lowthehindubusinessline.com· 21 Jul 2026, 09:29 amQ1 Results 21st July Live: Bajaj Auto, Granules India, Adani Energy, TVS Motor, ATGL, TVS Holdings, CRISIL, Mastek, IndiaMART, Cyient DLM, Sagility, Canara Robeco to announce Q1 results, UltraTech, Pa
Concalls & investor presentations
AI-generatedKey takeaway: During the Q1 FY27 earnings conference call, management reported a 28% increase in overall sales volume, reaching 1.63 million units, and a 38% rise in revenue to INR 13,896 crores. Operating EBITDA grew by 41% to INR 1,779 crores, while profit after tax increased by 51% to INR 1,174 crores. The company highlighted strong growth in both domestic and international markets, with 2-wheeler domestic ICE sales up 21% and international sales up 33%. Management noted a significant increase in electric vehicle (EV) sales, which grew by 86%. The company also announced an upgrade in its long-term credit rating to AAA. Management emphasized ongoing investments in capacity expansion and product development, particularly in the EV segment, and expressed confidence in maintaining growth momentum despite challenges from commodity price volatility and supply chain disruptions. The call concluded with management expressing optimism for continued strong performance in Q2.
Management highlighted strong growth metrics and positive developments in capacity and product offerings.
Sourced from an exchange-filed transcript, dated 28 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: During the earnings call on May 13, 2026, management reported that TVS Motor Company achieved record performance in FY '25-'26, with sales volume increasing by 24% to 5.9 million units and revenue rising by 30% to INR 47,270 crores. Operating profit before tax (PBT) grew by 40% to INR 4,975 crores. The company noted significant growth in both domestic and international markets, with 2-wheeler international sales up by 31%. EV 2-wheeler sales increased by 33%, while 3-wheeler sales surged by 63%. Management highlighted challenges such as commodity price inflation and supply chain disruptions but expressed confidence in maintaining strong demand. They outlined plans for capacity expansion and continued investment in R&D and new product development, including a partnership with Hyundai for electric 3-wheelers. Overall, management conveyed a positive sentiment regarding the company's growth trajectory despite external challenges.
Management emphasized strong growth and record performance while acknowledging challenges.
Sourced from an exchange-filed transcript, dated 19 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: During the earnings conference call held on January 28, 2026, management reported that TVS Motor Company achieved record quarterly sales, revenue, and profits for Q3 FY '26. Sales volume increased by 27%, with revenue rising by 37% to INR 12,476 crores. Operating EBITDA grew by 51%, reaching INR 1,634 crores, and profit before tax (PBT) increased by 57% to INR 1,315 crores. The company noted strong growth in both domestic and international markets, with two-wheeler domestic sales up by 21% and international sales up by 35%. Management highlighted the successful festive season and positive market sentiment post-GST implementation. They also discussed ongoing investments in new product lines, including Norton motorcycles, and emphasized a focus on premiumization and cost reduction strategies. The company expressed confidence in maintaining growth momentum in Q4 and beyond, despite challenges in commodity prices and supply chain issues.
Management highlighted strong growth and record performance metrics.
Sourced from an exchange-filed transcript, dated 03 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedTVS Motor Company Limited (TVSMOTOR) achieved record sales of 5.89 million units in FY2025-26, a 23% increase in two-wheeler sales and 62.7% growth in three-wheeler sales. The company expanded its global footprint with a 30% rise in two-wheeler exports and 50% growth in three-wheeler exports. It also strengthened its premium and electric vehicle portfolios, advanced commercial mobility, and received high ESG ratings, including an A- in CDP Climate Change and a 65/100 score from S&P Global. The company completed mergers with Swiss E-Mobility Group and Sundaram Auto Components Limited, and issued 6% Cumulative Non-Convertible Redeemable Preference Shares as part of a bonus scheme. No defaults in loan repayments or regulatory penalties were reported, and the auditor's report noted no material misstatements or fraud.
- Record sales of 5.89 million units in FY2025-26, with 23% growth in two-wheelers and 62.7% in three-wheelers.
- 30% growth in two-wheeler exports and 50% in three-wheeler exports, driven by Africa, LATAM, and Asia.
- Achieved CDP Climate Change score of A- (Leadership) and S&P Global ESG score of 65/100.
- Completed mergers with Swiss E-Mobility Group and Sundaram Auto Components Limited.
- No defaults in loan repayments or regulatory penalties reported.
Key takeaway: TVS Motor Company Limited delivered strong financial performance in FY2025-26 with record sales, global export growth, and robust ESG credentials, while maintaining compliance and avoiding defaults or penalties.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
No item of a kind that needs attention was stored for this company.
Contingent Liability
3 occurrencesRecent (last 12 months)
TVS Motor Company Limited has contingent liabilities related to pending claims from Central Excise, GST, Service tax, Customs, Income tax, and Stamp Duty Authorities. The company states that the future cash flows from these items are determinable only upon receipt of decisions or judgments from pending forums or authorities.
Earlier (1-3 years ago)
The company has contingent liabilities including claims against it not acknowledged as debts (Central Excise, GST, Service tax, Sales tax, income tax) and guarantees given to banks/others for credit facilities to subsidiaries. The future cash flows depend on pending decisions/judgments, but the company expects no materially adverse effect on financial results.
Older (3+ years ago)
The company has material uncertain tax positions, including matters under dispute relating to Excise, Customs Duty, Value Added Tax (Indirect Taxes), and Income Tax (Direct Tax), which have been disclosed as a contingent liability.
Related-Party Transaction
1 occurrenceEarlier (1-3 years ago)
TVS Motor Company Limited had transactions with related parties including purchases and sales of goods, assets, and services with entities like TVS Holdings Limited, Ultraviolette Automotive Private Limited, and Sundaram-Clayton Limited, as disclosed in the Annual Report 2024-25.
Management & Board Governance
2 occurrencesRecent (last 12 months)
Dr. Deepali Pant Joshi, an Independent Director, resigned from the Nomination and Remuneration Committee (NRC) effective 6th November 2025.
Earlier (1-3 years ago)
Mr Kuok Meng Xiong, an Independent Director, resigned from the NRC Committee effective 6th August 2024, leading to his cessation as a member of the Committee.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
1.53% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).