TVS Motor Company Ltd (TVSMOTOR)
₹4,195.20
Mkt cap
₹1.99L Cr
P/E ratio
51.70
P/B
17.55
Div yield
0.29%
ROE
33.60%
ROCE
17.40%
EPS (TTM)
₹81.15
Book value
₹239
52W range
3,228–4,485
Sector
Consumer Discretionary
Price history
Previous close
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 532343
Health check
Constructive
ValuationExpensive
ProfitabilityStrong
GrowthHigh
TechnicalsBullish
52-week range
−6.45% from high₹4,195
₹3,228+29.96% from low₹4,485
Current
₹4,195.20
Prev close
₹4,280.00
Day
−1.98%
Price performance
1D
−1.98%
1W
+5.40%
1M
+2.54%
3M
−0.31%
6M
+18.04%
1Y
+16.62%
YTD
+9.03%
Financials
Revenue, profit & margin
P/E ratio
51.7×
TVSMOTOR is 85% above the sector median of 27.9×
TVSMOTOR51.7×
Sector median27.9×
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9,933 | 10,114 | 9,942 | 10,314 | 11,302 | 11,035 | 11,542 | 12,210 | 14,051 | 14,756 | 15,053 | 16,296 | 19,474 | |
| Expenses | 8,588 | 8,639 | 8,487 | 8,884 | 9,678 | 9,402 | 9,638 | 10,407 | 11,941 | 12,488 | 12,881 | 13,952 | 16,753 | |
| Operating Profit | 1,345 | 1,475 | 1,455 | 1,431 | 1,624 | 1,633 | 1,904 | 1,803 | 2,110 | 2,267 | 2,172 | 2,343 | 2,721 | |
| OPM % | 14% | 15% | 15% | 14% | 14% | 15% | 16% | 15% | 15% | 15% | 14% | 14% | 14% | |
| Other Income | 51 | 12 | -34 | 48 | 32 | 70 | -57 | 40 | -14 | -60 | 7 | 158 | 98 | |
| Interest | 483 | 494 | 511 | 500 | 509 | 536 | 551 | 551 | 552 | 561 | 566 | 602 | 670 | |
| Depreciation | 237 | 242 | 263 | 241 | 259 | 258 | 292 | 315 | 320 | 323 | 315 | 354 | 358 | |
| Profit before tax | 676 | 750 | 647 | 738 | 888 | 908 | 1,004 | 977 | 1,223 | 1,323 | 1,298 | 1,545 | 1,791 | |
| Tax % | 38% | 32% | 36% | 34% | 34% | 33% | 31% | 34% | 32% | 33% | 37% | 32% | 32% | |
| Net Profit | 416 | 510 | 412 | 485 | 588 | 609 | 698 | 643 | 833 | 891 | 820 | 1,058 | 1,219 | |
| 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 | 25.14 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +1.15% · closed higher next day 38 of last 63
| Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | Q2FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 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 | 28 Oct '26 |
| Earnings day | −2.99% | +3.35% | +3.86% | −3.14% | +5.52% | −3.24% | +0.29% | −2.14% | +4.50% | −0.95% | +5.62% | +0.95% |
| +1 day | −1.81% | +3.35% | +2.03% | −4.41% | +5.11% | −4.34% | +2.31% | −3.87% | +2.44% | −2.81% | +8.84% | −1.05% |
| +5 days | +2.22% | +6.57% | +5.11% | −2.70% | +13.21% | −0.03% | +7.87% | −4.58% | +4.47% | −5.59% | +11.23% | — |
| +15 days | +6.89% | +11.73% | +11.00% | −5.73% | +0.76% | −0.92% | +17.93% | −4.46% | +8.89% | −5.57% | +22.56% | — |
| +30 days | +13.36% | +21.97% | +11.77% | −1.67% | −3.29% | −0.79% | +24.48% | −0.91% | −4.08% | +0.24% | +17.07% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Sep 202650.27%Promoter
Promoters50.27%
FIIs21.39%0.94
DIIs20.30%0.82
Public8.04%0.08
Ownership trend
Peers
7 companiesValuation 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 | ₹10,350.00 | 21.71 | 2,84,422 | 1.45% | 3,384 | +61.93% | 25,126 | +59.68% | 28.24% |
| TVS Motor Co. | ₹4,195.20 | 51.66 | 1,99,309 | 0.29% | 1,219 | +50.16% | 19,474 | +38.60% | 17.37% |
| Eicher Motors | ₹7,220.00 | 34.08 | 1,98,205 | 1.14% | 1,463 | +21.35% | 6,632 | +31.55% | 30.53% |
| Hero Motocorp | ₹5,167.00 | 16.98 | 1,03,424 | 3.58% | 1,861 | +42.21% | 14,971 | +22.52% | 35.22% |
| Ather Energy | ₹1,756.00 | — | 69,693 | 0.00% | 2 | +100.97% | 1,464 | +62.90% | −19.77% |
| Ola Electric | ₹33.18 | — | 16,586 | 0.00% | −336 | +21.50% | 455 | −45.05% | −19.87% |
| Zelio E-Mobility | ₹1,039.70 | 78.84 | 2,199 | 0.00% | 16 | +80.92% | 170 | +75.65% | 38.29% |
| Median: 9 Co. | ₹1,756.00 | 27.89 | 69,693 | 0.29% | 82 | +50.16% | 1,464 | +31.55% | 17.37% |
Filings
Annual reports15
Concall transcripts32
RECOct 2026TranscriptJul 2026PPTJul 2026RECJul 2026TranscriptMay 2026PPTMay 2026RECMay 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026TranscriptOct 2025PPTOct 2025RECOct 2025TranscriptAug 2025PPTAug 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptJan 2025PPTJan 2025TranscriptOct 2024RECOct 2024TranscriptAug 2024RECAug 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Press Release / Media Release 29 Oct - TVS launches Ronin Agonda in Indonesia at IDR 37,080,000.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 28 Oct - Audio recording of post-results analyst conference call hosted on company website.Announcement under Regulation 30 (LODR)-Press Release / Media Release 28 Oct - Board approved demerger of consumer finance business and merger of TVS Motor Services; shareholder and regulatory approvals pending.Announcement under Regulation 30 (LODR)-Press Release / Media Release 28 Oct - TVS Motor reports Q2 FY27 revenue of Rs. 17,103 crore and PAT of Rs. 1,377 crore, up 44% and 52%.Announcement under Regulation 30 (LODR)-Acquisition 28 Oct - TVS Motor approved acquiring STPL Trading for Rs. 530.08 Cr, making it a wholly owned subsidiary by December 2026.