TVS Motor

    TVSMOTOR
    Auto
    ₹4125.00
    price as of 11/9/2026, 5:45:22 pm

    Market cap ₹1.96 L Cr

    P/E
    57.19
    Day range
    ₹4,062.80 – ₹4,151.90
    52-week range
    ₹3,228.00 – ₹4,484.50
    Volume
    4.55 L
    Open
    ₹4,081.00
    Prev close
    ₹4,121.50
    Promoters pledged 3.0% of their shares
    52-week range, adjusted for splits and bonuses
    ₹3,228₹4,484.5
    19 May 202626 Aug 2026
    Index membership & F&O
    NIFTY NEXT 50NIFTY 100NIFTY 200NIFTY 500NIFTY AUTOF&O lot 175

    Price history

    6M change +14.56%RSI (14) 42.0 NeutralSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 43.9% today vs 55.9% average · BSE close ₹4,127.5

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹3,150₹3,500₹3,850₹4,200₹4,5500%25%50%75%100%
    • Delivery
    • NSE close
    • BSE close

    High delivery with a rising price suggests buyers holding rather than trading the move.

    Futures & options

    NSE F&O close, 11 Sept 2026 · options expiring 29 Sept 2026

    Neutral
    Near-month future
    ₹4,141.6
    Change
    -0.14%
    Basis over spot
    +₹16.60
    Futures OI (shares)
    73.9 L
    OI change
    -0.47%
    Put-call ratio
    0.57
    Max pain
    ₹4,200
    Resistance (call OI)
    ₹4,500
    Support (put OI)
    ₹4,200
    Lot size
    175

    Open interest by strike

    Calls open above (resistance) and puts below (support), in shares

    33003600370038003900400041004200430044004500460047004800500002.0 L4.0 L6.0 L8.0 Lspot
    • Call OI
    • Put OI

    Futures open interest and price

    Near-month future, day by day since collection began

    The daily history builds from each close.

    Key metrics

    P/E (TTM)
    57.1
    EPS (TTM)
    ₹72.15
    ROE (FY26)
    35.3%
    ROCE (latest year)
    17%

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +20.6%
    Profit 3Y CAGR
    +34.5%
    Revenue YoY (Jun 2026)
    +33.5%
    Profit YoY (Jun 2026)
    +64.5%
    Operating margin
    14.0%
    Net margin
    6.5%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr4.5K Cr9.0K Cr13.5K Cr18.0K Cr0%4%8%12%16%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • DII
    • FII
    • Public
    • Others

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-7.0K Cr-3.5K Cr0 Cr3.5K Cr7.0K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%9%18%27%36%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr8.5K Cr17.0K Cr25.5K Cr34.0K Cr0.0x2.0x4.0x6.0x8.0x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales9,93310,1149,94210,31411,30211,03511,54212,21014,05114,75615,05316,296
    Expenses8,5888,6398,4878,8849,6789,4029,63810,40711,94112,48812,88113,952
    Operating Profit1,3451,4751,4551,4311,6241,6331,9041,8032,1102,2672,1722,343
    OPM %14%15%15%14%14%15%16%15%15%15%14%14%
    Other Income5112-34483270-5740-14-607158
    Interest483494511500509536551551552561566602
    Depreciation237242263241259258292315320323315354
    Profit before tax6767506477388889081,0049771,2231,3231,2981,545
    Tax %38%32%36%34%34%33%31%34%32%33%37%32%
    Net Profit4165104124855886096986438338918201,058
    EPS in Rs₹8.13₹10.08₹8.15₹9.70₹11.80₹11.91₹13.64₹12.84₹16.74₹17.71₹16.24₹21.46

    From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Strengths, risks & growth

    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]

    Strengths

    • Company is expected to give good quarter
    • Company has delivered good profit growth of 38.2% CAGR over last 5 years
    • Company has a good return on equity (ROE) track record: 3 Years ROE 29.8%
    • Company has been maintaining a healthy dividend payout of 20.9%

    Risks

    • Stock is trading at 20.5 times its book value
    • Company might be capitalizing the interest cost

    Compounded Sales Growth

    10 Years
    +17%
    5 Years
    +24%
    3 Years
    +21%
    TTM
    +31%

    Compounded Profit Growth

    10 Years
    +23%
    5 Years
    +38%
    3 Years
    +33%
    TTM
    +46%

    Stock Price CAGR

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

    Return on Equity

    10 Years
    +26%
    5 Years
    +28%
    3 Years
    +30%
    Last Year
    +34%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter50.27%50.27%50.27%50.27%0.00 pp
    FII22.90%23.09%22.56%20.45%-2.11 pp
    DII18.34%18.28%18.84%21.12%+2.28 pp
    Public8.46%8.33%8.30%8.12%-0.18 pp
    Others0.04%0.03%0.03%0.02%-0.01 pp

    Filed with NSE for Jun 2026: promoters 50.27%, public 49.71% · XBRL filing

    Analysts & fund holdings

    79%
    79% recommend buy
    34 analysts cover the stock
    Valuation vs Automobiles
    P/E57.2 vs 27.6
    Sector P/B5.69
    Beta0.77

    Who holds the shares, quarter by quarter

    Mutual funds 16.29% (+1.84 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters50.3%
    • Foreign institutions20.4%
    • Mutual funds16.3%
    • Insurance2.8%
    • Other domestic institutions2.0%
    • Retail6.5%
    • Others1.7%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    ICICI Pru Balanced Advantage Fund2.21%6.17%+1.06 pp
    ICICI Pru Flexi Cap Fund1.15%9.34%+0.05 pp
    ICICI Pru Aggressive Hybrid Fund0.82%3.30%+0.62 pp
    HDFC Flexi Cap Fund0.46%0.85%+0.43 pp
    ICICI Pru Focused Fund0.42%4.97%-0.10 pp

    Scorecard

    Performance
    Avg
    Valuation
    High
    Growth
    Avg
    Profitability
    High
    Entry point
    Avg
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Corporate actions

    • dividend
      ₹12.00

      Interim Dividend - Rs 12 Per Share

      30 Mar 2026
      ex-date
    • bonus
      Not available — not reported in this filing

      Scheme Of Arrangement - Bonus Ncrps 4:1

      25 Aug 2025
      ex-date
    • dividend
      ₹10.00

      Interim Dividend - Rs 10 Per Share

      26 Mar 2025
      ex-date
    • dividend
      ₹8.00

      Interim Dividend - Rs 8 Per Share

      19 Mar 2024
      ex-date
    • dividend
      ₹5.00

      Interim Dividend - Rs 5 Per Share

      2 Feb 2023
      ex-date
    • dividend
      ₹3.75

      Interim Dividend - Rs 3.75 Per Share

      25 Mar 2022
      ex-date
    • dividend
      ₹1.40

      Interim Dividend - Rs 1.40 Per Share

      30 Mar 2021
      ex-date
    • dividend
      ₹2.10

      Interim Dividend - Rs 2.10 Per Share

      4 Feb 2021
      ex-date
    • dividend
      ₹1.40

      Interim Dividend - Rs 1.40 Per Share

      17 Mar 2020
      ex-date
    • dividend
      ₹2.10

      Interim Dividend - Rs 2.10 Per Share

      11 Feb 2020
      ex-date
    • dividend
      ₹1.40

      Interim Dividend - Rs 1.40 Per Share

      18 Mar 2019
      ex-date
    • dividend
      ₹2.10

      Interim Dividend - Rs 2.10 Per Share

      30 Oct 2018
      ex-date
    • dividend
      ₹1.30

      Interim Dividend - Rs 1.30 Per Share (Purpose Revised)

      6 Mar 2018
      ex-date
    • dividend
      ₹2.00

      Interim Dividend - Rs 2/- Per Share (Purpose Revised)

      8 Nov 2017
      ex-date
    • dividend
      ₹1.25

      Interim Dividend Rs 1.25 Per Share (Purpose Revised)

      14 Mar 2017
      ex-date
    • dividend
      ₹1.25

      Interim Dividend Rs 1.25 Per Share (Purpose Revised)

      3 Nov 2016
      ex-date
    • dividend
      ₹1.50

      Interim Dividend - Rs 1.50 Per Share (Purpose Revised)

      17 Mar 2016
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 1/- Per Share (Purpose Revised)

      4 Feb 2016
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      24 Jul 2015
      ex-date
    • dividend
      ₹1.15

      Second Interim Dividend - Rs 1.15 Per Share (Purpose Revised)

      5 May 2015
      ex-date

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    TVS MOTOR COMPANY BRINGS THE NEXT GENERATION OF APACHE PERFORMANCE TO SRI LANKA WITH THE WHOLE RANGE

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    TVS MOTOR COMPANY BRINGS FLAGSHIP ADVENTURE TECHNOLOGY TO THE A2 CLASS WITH RTX 300

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Compliance under Regulation 30 of SEBI (LODR) Regulations, 2015

    Company Update
    Intimation Regarding Redemption Of Cumulative Non Convertible Redeemable Preference Shares (NCRPS)

    Intimation regarding redemption of Cumulative Non Convertible Redeemable Preference Shares (NCRPS)

    Company Update
    Announcement under Regulation 30 (LODR)-Monthly Business Updates

    Sales update for the month of August 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    TVS Motor Company appoints Peyman Kargar as Director and Chief Executive Officer

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Directorate

    Mr K N Radhakrishnan (DIN : 02599393) will continue as a Director & CEO until 27th January 2027, and subsequently will serve as a Non - Executive Director upto the date of the ensuing AGM ....

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Management

    Appointment of Mr Peyman Kargar (DIN: 07906077) as Director & Chief Executive Officer w.e.f 27th January 2027

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    TVS Motor Launches TVS Jupiter Dual Tone Spectral Range

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    TVS Motor Celebrates One Million TVS iQube Families With The MillionR Special Edition

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    TVS MOTOR COMPANY LAUNCHES TVS ORBITER IN SRI LANKA - A SMART SUSTAINABLE, URBAN EV COMMUTE SOLUTION

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    TVS MOTOR COMPANY ACCELERATES EV TRANSITION IN SRILANKA WITH THE LAUNCH OF TVS KING EV MAX

    Company Update
    Intimation Of Record Date Under Regulation 60 Of SEBI (LODR) Regulations, 2015 For Payment Of Coupon Rate And Redemption Of Non Convertible Redeemable Preference Shares

    Intimation of record date under Regulation 60 of SEBI (LODR) Regulations, 2015 for payment of coupon rate and redemption of Non Convertible Redeemable Preference Shares

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment

    Allotment of 1,00,000 Non Convertible Debentures through Private Placement

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    TVS MOTOR ACCELERATES GLOBAL EV EXPANSION WITH TVS IQUBE LAUNCH IN KENYA, THE FIRST INDIAN OEM TO INTRODUCE A PREMIUM ELECTRIC SCOOTER IN AFRICA

    Filed with BSE (scrip 532343); the last 45 days. Documents open at bseindia.com.

    Documents

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 28 Jan 2025 (unaudited). View the source filing. Figures are as filed and are not investment advice.