TVS Motor Company

₹4,480As of Sun 8 Nov 2026, 12:00 UTC
NSE:TVSMOTORConsumer Disc
Country India
PE (Fwd) 53.96
TSR 10Y CAGR 27.67%
Div yield 0.27%
ROE —
Auto Manufacturers
Beta (5Y) (0.03)
PE TTM 70.51
TSR TTM 28.12%
Mkt cap ₹2.134T
ROIC —
SE Grade™
Value
Quality
Moat
1Y Price
Reference
₹5,000
11.63%
(72.05%)
Price above Reference Value
FY23
FY24
FY25
FY26
Earnings per share₹
27.97
35.50
47.06
63.53
75.56%
26.92%
32.57%
35.01%
Revenue₹B
320.9
388.6
441.3
560.3
31.70%
21.10%
13.56%
26.95%
TTM
FYE 31 Mar INR
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
FY2026
FY2027E
Trend
5Y
10Y
Peers
560.3
Revenue₹B
—
—
—
—
—
243.7
320.9
388.6
441.3
560.3
643.1
23.14%
23.14%
10
26.95
Revenue growth%
—
—
—
—
—
—
31.70
21.10
13.56
26.95
14.79
24.03
—
97
37.24
Gross margin%
—
—
—
—
—
32.87
34.58
37.06
38.82
37.24
37.29
37.06
37.06
90
12.66
Operating margin%
—
—
—
—
—
8.31
10.37
11.87
12.83
12.66
12.72
11.87
11.87
90
5.39
Net margin%
—
—
—
—
—
3.11
4.14
4.34
5.07
5.39
5.42
4.34
4.34
63
70.51
P/E ratio (avg)x
—
—
—
—
—
39.06
34.44
45.69
51.70
51.59
61.06
45.69
45.69
4
30.01
EV/EBITx
—
—
—
—
—
14.59
13.75
16.69
20.42
21.96
26.01
16.69
16.69
29
—
FCF yield (avg)%
—
—
—
—
—
—
—
—
—
—
—
—
—
24
—
FCF margin%
—
—
—
—
—
—
—
—
—
—
—
—
—
21
—
FCF / Net incomex
—
—
—
—
—
—
—
—
—
—
—
—
—
12
—
ROIC%
—
—
—
—
—
—
—
—
—
—
—
—
—
67
—
Return on equity%
—
—
—
—
—
—
—
—
—
—
—
—
—
96
—
Return on assets%
—
—
—
—
—
—
—
—
—
—
—
—
—
85
63.53
EPS₹
—
—
—
—
—
15.93
27.97
35.50
47.06
63.53
73.36
41.32%
41.32%
—
35.01
EPS growth%
—
—
—
—
—
—
75.56
26.92
32.57
35.01
15.48
33.79
—
75
—
Bookvalue per sh₹
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
FCF per share₹
—
—
—
—
—
—
—
—
—
—
—
—
—
—
12.00
Dividend per sh₹
—
—
—
—
—
3.75
5.00
8.00
10.00
12.00
12.87
33.75%
33.75%
—
0.27
Div yield (avg)%
—
—
—
—
—
0.60
0.52
0.49
0.41
0.37
0.29
0.49
0.49
0
18.89
Payout ratio%
—
—
—
—
—
23.54
17.88
22.54
21.25
18.89
17.55
21.25
21.25
4
475.1
Shares (diluted)M
—
—
—
—
—
475.1
475.1
475.1
475.1
475.1
◌475.1
—
—
48
—
Buyback yield%
—
—
—
—
—
—
—
—
—
—
◌—
—
—
48
—
D/E ratiox
—
—
—
—
—
—
—
—
—
—
—
—
—
3
2,128
Enterprise value₹B
—
—
—
—
—
295.6
457.6
770.4
1,156
1,557
2,128
51.50%
51.50%
60
—
LT debt₹M
—
—
—
—
—
—
—
—
—
—
—
—
—
50
Peers (US$22.69B)
Cap (US$)
PE
22.41B
36.51x
18.43B
37.83x
16.69B
24.83x
Capital
TTM
5Y
10Y
Leveragex
—
—
—
EBIT/Intx
3.195
2.454
2.454
Own earn%
—
—
—
Sh yield%
0.27
0.45
0.45
Owners
Insiders/Inst%
0.01
30.14
Short interest%
—
SBC / revenue%
0.02
Record
10Y
Profitable years
5/5
Revenue growth years
4/4
EPS growth years
4/4
Dividend streakyrs
4
Op margin range%
8–13
$1 testx
—
Incr. ROIC%
—

TVS Motor Company Limited, together with its subsidiaries, engages in the manufacture and sale of automotive vehicles and components, spare parts, and accessories in India and internationally. The company operates through Automotive Vehicles & Parts and Related Investments; and Investment Held in Financial Services segments.

Growth vs revenue
Latest
Trend
4Y CAGR
Rel growth
Revenue
₹560.3B
23.14%
1.00×
Cost of revenue
₹351.6B
21.08%
0.93×
Operating expenses
₹137.7B
23.17%
1.00×
Revenue by region
No breakdown available
Reinvestment returns
n/m
Trend
Reinvestment rate
n/m
-
Return on capital
n/m
-
Spread over hurdle
n/m
-