TVS Motor

    TVSMOTOR
    Auto
    ₹3,980.20
    Price as of 25 Oct 2026, 10:28 pm IST

    Market cap ₹1.89 L Cr

    P/E
    55.17
    Day range
    ₹3,898.10 – ₹3,987.90
    52-week range
    ₹3,228.00 – ₹4,484.50
    Volume
    7.48 L
    Open
    ₹3,978.00
    Prev close
    ₹3,974.00

    Latest results · Q1 FY27(consolidated)Revenue ₹16,296 Cr+33.5%Profit ₹1,058 Cr+64.5%Margin 6.5%YoY vs the same quarter last year

    No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.

    F&O margin for one lot of TVSMOTOR (175 shares)

    Research profile

    Composite 53 / 100

    Factor percentiles

    Value18
    Quality47
    Momentum74
    Low volatility74

    Derived metrics

    Earn. yield
    1.8%
    Graham no.
    ₹573.65
    vs Graham
    -85.6%
    ROE ÷ P/B
    1.8%
    12-1 mom.
    +18.1%
    Return / vol
    0.51
    Magic Formula
    #463
    Piotroski
    3/6
    FCF yield
    -0.7%
    PEG
    3.15

    Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.

    Peer comparison

    All 50 in Auto
    Largest Auto companies tracked, with sector medians
    CompanyM-capP/EP/BROEROCEOPMD/ESales YoY
    Maruti SuzukiMARUTI₹3.53 L Cr24.633.3014.4%19.0%8.0%0.00+35.9%
    Mahindra & MahindraM&M₹3.44 L Cr17.423.8221.9%15.0%19.0%1.47+27.8%
    Bajaj AutoBAJAJ-AUTO₹2.77 L Cr23.957.3128.6%28.0%21.0%0.58+65.1%
    Eicher MotorsEICHERMOT₹1.94 L Cr33.627.7423.8%31.0%24.0%0.02+31.5%
    TVS MotorTVSMOTOR₹1.89 L Cr55.1719.8035.3%17.0%14.0%3.43+33.5%
    Motherson SumiMOTHERSON₹1.61 L Cr37.173.9210.8%13.0%9.0%0.47+16.7%
    Hyundai Motor IndiaHYUNDAI₹1.50 L Cr30.367.7129.9%38.0%9.0%0.05-0.5%
    BoschBOSCHLTD₹1.30 L Cr55.028.7619.4%22.0%14.0%0.01+22.0%
    Sector median₹24,286 Cr30.365.7016.7%18.0%13.0%0.24+22.0%

    Sector as classified in the tracked universe; medians use every tracked Auto company, and P/E only profitable ones. Tinted figures beat the median.

    Latest news

    Updated 2d ago

    Headlines about TVS Motor from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.

    Key metrics

    P/E (TTM)
    54.7
    EPS (TTM)
    ₹72.15
    Price / Book
    19.80
    ROE (FY26)
    35.3%
    ROCE (latest year)
    17%
    Dividend yield
    0.30%

    Moving averages (NSE)

    20-day
    ₹4,013.15
    Price below
    50-day
    ₹4,153.17
    Price below
    200-day
    ₹3,785.08
    Price above

    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

    ₹ crore; a loss shows red. Operating margin below, same periods.

    0 Cr5K Cr10K Cr15K Cr20K Cr
    • Revenue
    • Net profit

    Operating margin

    Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Jun 20260%8%16%

    Who owns the company

    % of equity by quarter, latest Sept 2026

    Dec '24Mar '25Jun '25Sept '25Dec '25Mar '26Jun '26Sept '260%25%50%75%100%
    • Promoter
    • FII
    • DII
    • Public
    • Others

    Cash flows

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

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-10K Cr-5K Cr0 Cr5K Cr10K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%10%20%30%40%15% screen

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); the ratio below, same years.

    0 Cr10K Cr20K Cr30K Cr40K Cr
    • Equity
    • Debt

    Debt to equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 20260x2.5x5x

    Dividends per share

    ₹ by fiscal year of the ex-date; the latest year runs to date. Not adjusted for the bonus of 25 Aug 2025: earlier bars are per pre-bonus share.

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26₹0₹5₹10₹15

    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 25 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.

    Working-capital cycle

    Debtor Days17

    -2 days since Mar 2021

    Inventory Days26

    -13 days since Mar 2021

    Days Payable103

    -18 days since Mar 2021

    Cash Conversion Cycle-60

    +3 days since Mar 2021

    Working Capital Days-37

    +1 days since Mar 2021

    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 19.8 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
    +26%
    5 Years
    +46%
    3 Years
    +36%
    1 Year
    +11%

    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
    HolderDec 2025Mar 2026Jun 2026Sept 2026Change
    Promoter50.27%50.27%50.27%50.27%0.00 pp
    FII23.09%22.56%20.45%21.39%+0.94 pp
    DII18.28%18.84%21.12%20.30%-0.82 pp
    Public8.33%8.30%8.12%8.04%-0.08 pp
    Others0.03%0.03%0.02%0.02%0.00 pp

    Filed with NSE for Sept 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/E55.2 vs 25.5
    Sector P/B5.25
    Beta0.79

    Who holds the shares, quarter by quarter

    Mutual funds 15.58% (-0.71 pp)
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    Sept 26
    • Promoters50.3%
    • Foreign institutions21.4%
    • Mutual funds15.6%
    • Insurance2.7%
    • Other domestic institutions2.1%
    • Retail6.4%
    • Others1.6%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    ICICI Pru Balanced Advantage Fund2.42%6.31%+1.20 pp
    ICICI Pru Flexi Cap Fund1.22%9.51%+0.22 pp
    ICICI Pru Aggressive Hybrid Fund0.86%3.22%+0.55 pp
    HDFC Flexi Cap Fund0.53%0.96%+0.54 pp
    ICICI Pru Focused Fund0.38%4.32%-0.75 pp

    Scorecard

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

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

    Risk & trend

    From 275 daily sessions to 23 Oct 2026.

    Computed

    Risk

    Volatility (1Y)
    26.5%
    Downside volatility
    25.4%
    Worst 5% of days
    2.4%
    Average of that tail
    3.6%
    Max drawdown (1Y)
    17.0%
    Below its peak
    10.9%

    Against the market

    Beta vs Nifty 50
    1.17
    Correlation
    0.59
    Relative strength (3M)
    +6.9%
    ATR (14)
    2.7%

    Return

    Return 1M
    -3.9%
    Return 3M
    +1.5%
    Return 6M
    +8.7%
    Return 1Y
    +13.6%
    vs 200-day average
    +5.2%

    Momentum

    RSI (14)
    44.7
    MACD histogram
    7.68
    Stochastic %K
    60.2
    ADX (14)
    29.7
    +DI / −DI
    13.8 / 27.9
    Money flow index
    35.5

    Participation

    Delivery (20d avg)
    54.4%
    vs its 60-day baseline
    -2.9 pts
    Volume vs 20-day
    +0.2σ
    Close vs day's VWAP
    +1.1%
    52-week position
    59 / 100

    These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.

    Financial quality

    From consolidated statements to 31 Mar 2026.

    Computed

    Piotroski F-Score

    3 of 6 tested

    • Return on assets positive — passed
    • Operating cash flow positive — not testableno cash flow statement for this period
    • Return on assets improving — failed
    • Cash flow exceeds profit — not testableneeds cash flow and profit against assets
    • Debt to assets falling — passed
    • Current ratio improving — failed
    • No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
    • Operating margin improving — failed
    • Asset turnover improving — passed
    Free cash flow
    -₹1,368 Cr
    FCF yield
    -0.7%
    Cash conversion
    0.59
    Accruals ratio
    0.023
    Net debt
    ₹28,865 Cr
    Net debt / equity
    3.02
    EV / sales
    3.62
    PEG
    3.15
    Capex intensity
    5.8%
    Revenue CAGR
    30.4%
    Profit CAGR
    17.5%

    Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.

    Model simulation

    30 independent runs of NeoQuasar/Kronos-small, conditioned on daily bars to 23 Oct 2026, simulating 10 sessions ahead.

    Research
    Research output, not advice. Model output for research only. Not investment advice, not a price target, and not a prediction of actual returns. Generated by a statistical model from past prices; past patterns do not determine future prices.

    Lower edge (10th percentile)

    ₹4,012.8

    +0.8%

    Upper edge (90th percentile)

    ₹4,218.97

    +6.0%

    The marker is the last close, ₹3,980.2. Eight of every ten simulated runs ended inside this range; the middle run ended at ₹4,088.67 (+2.7%), which is the centre of the simulation and not an expected or target price.

    The model reads price history only. It has not seen this company's results, its filings, its industry or anything that happened after 23 Oct 2026. Ranges widen with horizon because the further out the simulation runs, the less the recent past constrains it.

    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

    Board MeetingPrice-sensitive
    Board Meeting Intimation for Considering And Approving, Inter Alia, Unaudited (Limited Reviewed) Financial Results For The Quarter Ended 30Th September 2026 (Standalone And Consolidated)

    TVS Motor Company Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/10/2026 ,inter alia, to consider and approve Unaudited (Limited Reviewed) ....

    Company Update
    Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    Certificate under regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018, for the quarter ended on 30th September, 2026

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

    Sales Update for the month of September 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Newspaper Advertisement - Special Window for Transfer and Dematerialisation of Physical Securities

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

    TVS MOTOSOUL 6.0 : THE ULTIMATE CELEBRATION OF MOTORCYCLING RETURNS THIS DECEMBER

    Insider Trading / SAST
    Closure of Trading Window

    Intimation of Closure of Trading Window

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

    TVS MOTOR COMPANY LAUNCHES NEPAL'S FIRST 150CC HYPER SPORT SCOOTER TVS NTORQ 150

    AGM/EGM
    Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

    Notice of Postal Ballot

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

    TVS Motor Company Raises the Bar this Festive Season with Enhancements to its Premium Motorcycle Portfolio

    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

    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 21 Jul 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.

    FAQ

    TVS Motor: common questions

    Answered from the figures on this page.

    TVS Motor last traded at ₹3,980.20 (NSE, as of 25 Oct 2026). The last session moved it up 0.16%.

    TVS Motor is valued at about ₹1.89 lakh crore (NSE, as of 25 Oct 2026).

    TVS Motor trades at a price-to-earnings ratio of 55.17 (NSE, as of 25 Oct 2026). The P/E compares the share price with earnings per share, so it is only comparable between companies in the same industry.

    TVS Motor has traded between ₹3,228.00 and ₹4,484.50 over the past 52 weeks, to 25 Oct 2026. It is currently 60% of the way up that range.

    TVS Motor (TVSMOTOR) is classified under Auto on this site's screener.