What is TVS Motor Company Ltd's PE ratio?

TVS Motor Company Ltd trades at a P/E ratio of 53.20.

What is TVS Motor Company Ltd's market cap?

TVS Motor Company Ltd's market capitalisation is ₹1.84L Cr.

When did TVS Motor Company Ltd last report results?

TVS Motor Company Ltd last reported Q1FY27 results on 21 Jul '26.

What is TVS Motor Company Ltd's ROE?

TVS Motor Company Ltd's return on equity (ROE) is 33.6%.

What sector is TVS Motor Company Ltd in?

TVS Motor Company Ltd (TVSMOTOR) is classified in the Consumer Discretionary sector (2/3 Wheelers).

Consumer Discretionary · 2/3 Wheelers

TVS Motor Company Ltd (TVSMOTOR)

₹3,870.20

Mkt cap

₹1.84L Cr

P/E ratio

53.20

P/B

19.25

Div yield

0.31%

ROE

33.60%

ROCE

17.40%

EPS (TTM)

₹72.75

Book value

₹201

52W range

2,774–3,954

Sector

Consumer Discretionary

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]

NSE TVSMOTORBSE 532343www.tvsmotor.com

Health check

Constructive

ValuationExpensive

ProfitabilityStrong

GrowthHigh

TechnicalsNeutral

52-week range

−2.12% from high

₹3,870

₹2,774+39.50% from low₹3,954

Current

₹3,870.20

Prev close

₹3,869.20

Day

+0.03%

Price performance

+0.03%

+7.80%

+8.42%

+10.95%

+7.04%

+34.44%

YTD

+0.58%

Financials

F

Revenue, profit & margin

P/E ratio

53.2×

TVSMOTOR is 41% above the sector median of 37.7×

TVSMOTOR53.2×

Sector median37.7×

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	9,056	9,933	10,114	9,942	10,314	11,302	11,035	11,542	12,210	14,051	14,756	15,053	16,296
Expenses	7,852	8,588	8,639	8,487	8,884	9,678	9,402	9,638	10,407	11,941	12,488	12,881	13,952
Operating Profit	1,204	1,345	1,475	1,455	1,431	1,624	1,633	1,904	1,803	2,110	2,267	2,172	2,343
OPM %	13%	14%	15%	15%	14%	14%	15%	16%	15%	15%	15%	14%	14%
Other Income	87	51	12	-34	48	32	70	-57	40	-14	-60	7	158
Interest	437	483	494	511	500	509	536	551	551	552	561	566	602
Depreciation	227	237	242	263	241	259	258	292	315	320	323	315	354
Profit before tax	627	676	750	647	738	888	908	1,004	977	1,223	1,323	1,298	1,545
Tax %	30%	38%	32%	36%	34%	34%	33%	31%	34%	32%	33%	37%	32%
Net Profit	441	416	510	412	485	588	609	698	643	833	891	820	1,058
EPS in Rs	9.14	8.13	10.08	8.15	9.70	11.80	11.91	13.64	12.84	16.74	17.71	16.24	21.46
Raw PDF

Earnings

EResults dates & reactions

No upcoming results date on calendar.

Fresh quarters land in the Financials table above, tagged NSE until screener catches up.

Avg earnings-day move +1.19% · closed higher next day 39 of last 62

	Q2FY24	Q3FY24	Q4FY24	Q1FY25	Q2FY25	Q3FY25	Q4FY25	Q1FY26	Q2FY26	Q3FY26	Q4FY26	Q1FY27
Broadcast	31 Oct '23	24 Jan '24◦	8 May '24◦	6 Aug '24◦	23 Oct '24◦	28 Jan '25◦	28 Apr '25◦	31 Jul '25	28 Oct '25	28 Jan '26	13 May '26	21 Jul '26
Earnings day	−1.12%	−2.99%	+3.35%	+3.86%	−3.14%	+5.52%	+0.06%	+0.29%	−2.14%	+4.50%	−0.95%	+5.62%
+1 day	−2.98%	−1.81%	+3.35%	+2.03%	−4.41%	+5.11%	+0.32%	+2.31%	−3.87%	+2.44%	−2.81%	+8.84%
+5 days	+0.11%	+2.22%	+6.57%	+5.11%	−2.70%	+13.21%	−1.40%	+7.87%	−4.58%	+4.47%	−5.59%	—
+15 days	+8.11%	+6.89%	+11.73%	+11.00%	−5.73%	+0.76%	−0.85%	+17.93%	−4.46%	+8.89%	−5.57%	—
+30 days	+27.35%	+13.36%	+21.97%	+11.77%	−1.67%	−3.29%	+1.44%	+24.48%	−0.91%	−4.08%	+0.24%	—
Filing	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	PDF	XBRL	XBRL	XBRL	XBRL	XBRL

Corporate actions

CLast 6 months

Kind	Value	Ex-date	Record
dividend Interim Dividend - Rs 12 Per Share	12.00	30 Mar '26	31 Mar '26

Results analysis

TVS Motor profit jumps 65% as operating margin slips to 13.46%

Shareholding

Sas of Jun 2026

50.27%Promoter

Promoters50.27%

FIIs20.45%2.11

DIIs21.12%2.28

Public8.12%0.18

Ownership trend

Peers

P7 companies

Valuation vs quality

P/E × ROCE · bubble = market cap

Name	CMP	P/E	Mkt Cap	Div Yld	NP Qtr	Qtr Profit Var	Sales Qtr	Qtr Sales Var	ROCE
Bajaj Auto	₹11,130.00	25.96	3,05,988	1.35%	3,189	+45.93%	21,689	+65.14%	28.24%
Eicher Motors	₹7,628.00	37.68	2,09,452	1.07%	1,520	+11.58%	6,080	+16.01%	30.52%
TVS Motor Co.	₹3,870.20	53.18	1,83,955	0.31%	1,058	+67.11%	16,296	+33.46%	17.37%
Hero Motocorp	₹5,011.10	17.45	1,00,265	3.69%	1,474	+25.72%	12,978	+30.18%	35.22%
Ather Energy	₹1,208.70	—	47,711	0.00%	−100	+57.23%	1,175	+73.75%	−19.77%
Ola Electric	₹37.08	—	17,162	0.00%	−500	+42.53%	265	−56.63%	−19.56%
Zelio E-Mobility	₹795.45	60.02	1,682	0.00%	16	+80.92%	170	+75.65%	38.41%
Median: 10 Co.	₹1,002.08	37.68	32,437	0.34%	49	+44.23%	874	+28.66%	15.32%

Filings

D

Annual reports15

Financial Year 2026bse Financial Year 2025bse Financial Year 2024bse Financial Year 2023bse Financial Year 2022bse Financial Year 2021bse Financial Year 2020bse Financial Year 2019bse Financial Year 2018bse Financial Year 2017bse Financial Year 2016bse Financial Year 2015bse Financial Year 2014bse Financial Year 2013bse Financial Year 2012nse

Credit ratings6

Rating update 1dcare Rating update 3 Julcare Rating update 5 Sep 2025care Rating update 23 Jun 2025care Rating update 27 Sep 2024care Rating update 28 Sep 2023care

Announcements5

Announcement under Regulation 30 (LODR)-Press Release / Media Release 1d - TVS Motor launches TVS Orbiter electric scooter in Nepal with 158 km range and connected features.Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 1d - TVS Motor's 34th AGM on 22 July 2026 approved all three ordinary resolutions.Announcement under Regulation 30 (LODR)-Press Release / Media Release 2d - TVS Raider launched in Egypt on July 22, 2026, expanding premium commuter portfolio.Shareholder Meeting / Postal Ballot-Outcome of AGM 2d Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 2d - TVS Motor hosted the audio recording of its post-Q1 FY2027 analyst conference call.