Good afternoon :)
Place Order
Add to Watchlist

TVS Motor Company Ltd

TVSMOTOR

TVS Motor Company Ltd

TVSMOTOR
Consumer DiscretionaryTwo Wheelers
LargecapWith a market cap of ₹1,21,352 cr, stock is ranked 73
Low RiskStock is 1.91x as volatile as Nifty
2,525.001.22% (-31.20)
2,525.001.22% (-31.20)

Price Chart

High
Low
Returns
1D
1W
1M
1Y
5Y
Max
SIP
Loading...
1D
1W
1M
1Y
5Y
Max
SIP
Consumer DiscretionaryTwo Wheelers
LargecapWith a market cap of ₹1,21,352 cr, stock is ranked 73
Low RiskStock is 1.91x as volatile as Nifty
Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Consumer DiscretionaryTwo Wheelers
LargecapWith a market cap of ₹1,21,352 cr, stock is ranked 73
Low RiskStock is 1.91x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
64.3116.160.31%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
39.176.810.72%

Forecast & Ratings

Detailed Forecast 
50%
Analysts have suggested that investors can buy this stock

from 36 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

TVS Motor Company Limited is engaged in the manufacturing of motorcycles, scooters, mopeds, three wheelers, parts and accessories.

Get more out of Tickertape, Go Pro!

Customise key metrics, see detailed forecasts, download stock data and more

Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 14.22%, vs industry avg of 7.38%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 23.1% to 30.11%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 19.07%, vs industry avg of 7.85%

Loading...

Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue11,473.2512,628.2616,440.4320,187.1318,901.1419,468.0424,390.6732,111.9939,250.5641,906.38
Raw Materialssubtract7,963.808,985.2311,257.6014,033.2712,310.0412,925.6516,517.6920,987.1924,729.6035,843.73
Power & Fuel Costsubtract105.70108.83128.63136.59112.7596.14126.81133.47129.98
Employee Costsubtract731.19828.051,149.791,432.151,539.351,689.372,124.622,890.253,385.19
Selling & Administrative Expensessubtract1,138.801,137.291,370.711,208.181,223.87986.911,138.301,353.751,828.28
Operating & Other expensessubtract621.46534.46891.071,188.981,439.171,502.031,733.382,584.553,571.75
Depreciation/Amortizationsubtract262.19316.82373.60441.71556.00564.82742.86858.86975.121,016.92
Interest & Other Itemssubtract70.0259.62338.22663.40854.54881.49940.221,367.891,927.722,019.06
Taxes & Other Itemssubtract150.94146.72278.46378.18240.80227.37309.97607.361,016.551,139.57
EPS9.0310.7613.7314.8313.1512.5115.9327.9735.5039.72
DPS2.502.503.303.503.503.503.755.008.008.00
Payout ratio0.280.230.240.240.270.280.240.180.230.20

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange

Peers & Comparison

Comparing 3 stocks from 
Consumer DiscretionaryTwo Wheelers

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
TVS Motor Company Ltd71.9616.160.31%
Bajaj Auto Limited33.198.830.87%
Hero MotoCorp Ltd25.095.272.98%
Ola Electric Mobility Ltd-25.9320.34

Price Comparison

Compare TVSMOTOR with any stock or ETF
Compare TVSMOTOR with any stock or ETF
TVSMOTOR
Loading...

Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Increased Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has increased by 1.28%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding50.27%15.47%3.54%22.33%8.40%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep18.13%18.51%19.27%20.83%21.05%22.33%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding TVS Motor Company Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
ICICI Prudential Balanced Advantage Fund - Growth - Direct Plan

Growth
2.2877%4.59%-0.46%42/256 (-8)
ICICI PRUDENTIAL FLEXICAP FUND DIRECT PLAN GROWTH

Growth
1.2792%9.26%-0.23%1/81 (0)
ICICI Prudential Equity & Debt Fund - Direct Plan - Growth

Growth
0.8229%2.48%-0.00%10/203 (-1)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividend Cuts

Dividends are the portion of earnings that a company distributes to all its shareholders every year

TVSMOTOR has increased or maintained dividend levels over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.33%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹3.29 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateMar 19, 2024

Interim
Interim | Div/Share: ₹8.00

Dividend/Share

8.00

Ex DateEx Date

Mar 19, 2024

Cash Dividend

Ex DateEx DateFeb 2, 2023

Interim
Interim | Div/Share: ₹5.00

Dividend/Share

5.00

Ex DateEx Date

Feb 2, 2023

Cash Dividend

Ex DateEx DateMar 25, 2022

Interim
Interim | Div/Share: ₹3.75

Dividend/Share

3.75

Ex DateEx Date

Mar 25, 2022

Cash Dividend

Ex DateEx DateMar 30, 2021

Interim 2
Interim 2 | Div/Share: ₹1.40

Dividend/Share

1.40

Ex DateEx Date

Mar 30, 2021

Cash Dividend

Ex DateEx DateFeb 4, 2021

Interim
Interim | Div/Share: ₹2.10

Dividend/Share

2.10

Ex DateEx Date

Feb 4, 2021

News & Opinions
Spotlight
TVS Motor Company Ltd gains for third consecutive session

TVS Motor Company Ltd gained for a third straight session today. The stock is quoting at Rs 2539.05, up 1.83% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.63% on the day, quoting at 24428.3. The Sensex is at 80776.82, up 0.66%. TVS Motor Company Ltd has risen around 5.26% in last one month. Meanwhile, Nifty Auto index of which TVS Motor Company Ltd is a constituent, has risen around 0.61% in last one month and is currently quoting at 23599.6, up 0.49% on the day. The volume in the stock stood at 8.75 lakh shares today, compared to the daily average of 5.99 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 2548.95, up 1.85% on the day. TVS Motor Company Ltd is up 33.36% in last one year as compared to a 18.09% spurt in NIFTY and a 34.09% spurt in the Nifty Auto index.The PE of the stock is 51.07 based on TTM earnings ending September 24.Powered by Capital Market - Live

1 day agoCapital Market - Live
Spotlight
TVS Motor total sales rise 10% YoY in Nov'24

Total two-wheelers registered a growth of 11.47%, with sales increasing from 352,103 units in November 2023 to 392,473 units in November 2024. Domestic two-wheeler sales stood at 305,323 units in November 2024, up 6.38% from 287,017 units sold in November 2023. Motorcycle sales were at 180,247 units in November 2024, registering a growth of 4.29% as compared with Rs 172,836 units in November 2023. Scooter registered a growth of 21.94%, with sales increasing from 135,749 units in November 2023 to 165,535 units in November 2024. Electric vehicle (EV) sales surged by 56.67% YoY, with the number of units sold increasing to 26,292 in November 2024 from 16,782 in November 2023. The company's total exports registered a growth of 24.67%, with sales increasing from 75,203 units in November 2023 to 93,755 units in November 2024. The company's two-wheeler exports registered sales of 87,150 units in November 2024, up 33.9% YoY. TVS Motor Company is a reputed two- and three-wheeler manufacturer globally. It has four manufacturing facilities in Hosur, Mysuru, and Nalagarh in India and Karawang in Indonesia. TVS Motor's group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Its subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement, have a leading position in the e-bike market in Switzerland. TVS Motor Company reported a 23.49% increase in standalone net profit to Rs 662.62 crore in Q2 FY25 as compared to Rs 536.55 crore posted in Q2 FY24. Revenue from operations rose 13.30% YoY to Rs 9,228.24 crore in the September 2024 quarter. Shares of TVS Motor Company rose 0.99% to Rs 2,460 on the BSE.Powered by Capital Market - Live

2 days agoCapital Market - Live
Corporate
TVS Motor launches TVS Apache RTR 160 4V with new features and technology

TVS Motor Company introduced a refreshed TVS Apache RTR 160 4V with new features and technology. Equipped with features tailored to meet the evolving needs of today's riders, TVS Motor reaffirms its commitment to bringing high-performance motorcycles with cutting-edge technology, refined aesthetics, and enhanced capabilities to the market. This latest edition of the TVS Apache RTR 160 4V offers a powerful blend of cuttingedge tech integration, improved performance, and unmatched aesthetic appeal for customers, and is designed to cater to a new generation of riders who seek style, agility, and precision in every ride. Commenting on the launch, Vimal Sumbly, Head of Business - Premium, TVS Motor Company said, 'We are proud to lead the way in engineering and innovation in motorcycles. With that commitment, we are excited to announce the upgrade of the TVS Apache RTR 160 4V with cutting-edge features and advanced technology. Built on a rich racing legacy, the TVS Apache Series proudly serves over 5.5 million enthusiasts, making it one of the fastest-growing premium motorcycle brands globally. We are committed to meeting the evolving needs of our customers by integrating performance, technology, and style. By constantly evolving in our set of offerings, we have set new benchmarks for performance motorcycles in India.' Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Spotlight
TVS Motor Company Ltd gains for third straight session

TVS Motor Company Ltd gained for a third straight session today. The stock is quoting at Rs 2463.75, up 1.98% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.25% on the day, quoting at 23745.85. The Sensex is at 78326.94, up 1.28%. TVS Motor Company Ltd has slipped around 10.01% in last one month. Meanwhile, Nifty Auto index of which TVS Motor Company Ltd is a constituent, has slipped around 6.42% in last one month and is currently quoting at 23043.85, up 2.55% on the day. The volume in the stock stood at 1.72 lakh shares today, compared to the daily average of 8.65 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 2466.75, up 1.97% on the day. TVS Motor Company Ltd is up 43.3% in last one year as compared to a 20.57% jump in NIFTY and a 40.86% jump in the Nifty Auto index.The PE of the stock is 49.46 based on TTM earnings ending September 24.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Spotlight
TVS Motor Company Ltd slips for fifth straight session

TVS Motor Company Ltd dropped for a fifth straight session today. The stock is quoting at Rs 2373.85, down 2.72% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is down around 0.94% on the day, quoting at 23659.1. The Sensex is at 78018.99, down 0.83%.TVS Motor Company Ltd has lost around 16.13% in last one month.Meanwhile, Nifty Auto index of which TVS Motor Company Ltd is a constituent, has eased around 14.07% in last one month and is currently quoting at 23269.1, down 2.27% on the day. The volume in the stock stood at 5.78 lakh shares today, compared to the daily average of 9.23 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 2376, down 2.86% on the day. TVS Motor Company Ltd jumped 41.88% in last one year as compared to a 20.25% rally in NIFTY and a 36.59% spurt in the Nifty Auto index.The PE of the stock is 50.02 based on TTM earnings ending September 24.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Norton Motorcycles (part of TVS Motor) announces leadership change

Norton Motorcycles, a producer of premium hand-crafted motorcycles and part of TVS Motor, has announced that Dr. Robert Hentschel will step back from his role as Chief Executive Officer, effective immediately, and will transition to a non-executive director role within the company. Since 2021, Robert has been instrumental in strengthening Norton's foundations, guiding the company through crucial stages of its growth plan and establishing a strong operational base. He has fostered a strong, synergistic relationship with parent TVS Motor Company, which has been pivotal in advancing Norton's progress and setting the stage for future success. To support Norton's continued growth, the company has introduced an updated leadership structure. Nevijo Mance will join as Executive Director, overseeing all upstream business operations. In this role, he will lead product design, development and engineering, manufacturing, procurement, quality control, and supply chain management. Nevijo's focus on these areas will ensure that Norton maintains its high standards of craftsmanship, quality, and innovation, setting a strong foundation for delivering world-class motorcycles to its customers. Richard Arnold, appointed as Executive Director in June 2024, will manage downstream business operations, including marketing, brand management, sales, distribution, customer relationship management, after-sales service, product management, and public relations. His role will centre on enhancing customer experience, expanding Norton's market reach, and strengthening the brand's presence across global markets. This will ensure that Norton's commitment to quality and customer satisfaction is reflected in all customer interactions with the Norton brand. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Spotlight
TVS Motor total sales rise 13% YoY in Oct'24

Total two-wheelers registered a growth of 14% with sales increasing from 420,610 units in October 2023 to 478,159 units in October 2024. Domestic two-wheeler sales stood at 390,489 units in October 2024, up 13% from 344,957 units in sold in October 2023. Motorcycles sales were at 230,822 units in October 2024, registering a growth of 14% as compared with Rs 201,965 units in October 2023. Scooter registered a growth of 17% with sales increasing from 165,135 units in October 2023 to 193,439 units in October 2024. Electric vehicle (EV) sales surged by 45% YoY, with the number of units sold increasing from 20,153 in October 2023 to 29,308 in October 2024. The Company's total exports registered a growth of 9% with sales increasing from 87,952 units in October 2023 to 95,708 units in October 2024. The company's two-wheeler exports registered sales of 87,670 units in October 2024, up 16% as compared with 75,653 units sold in October 2023. TVS Motor Company is a reputed two and three-wheeler manufacturer globally. It has four manufacturing facilities in Hosur, Mysuru and Nalagarh in India and Karawang in Indonesia. TVS Motor's group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Its subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company reported 23.49% increase in standalone net profit to Rs 662.62 crore in Q2 FY25 as compared to Rs 536.55 crore posted in Q2 FY24. Revenue from operations rose 13.30% YoY to Rs 9,228.24 crore in the September 2024 quarter. The counter added 0.68% to end at Rs 2,510.55 on 1 November 2024. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
TVS Motor launches TVS Raider iGO

TVS Motor Company (TVSM) today announced launch of a new variant the TVS Raider iGO to celebrate surpassing one million sales milestone for this brand. TVS Raider is the most awarded and tech loaded 125 cc motorcycle, that has redefined industry standards since its launch. The newly launched TVS Raider boasts of the 'boost mode', a category first feature enabled by iGO Assist technology. To commemorate this milestone, the TVS Raider has launched the fastest 125 cc motorcycle in the segment, further exemplifying its commitment to cutting-edge technology. The variant features a stunning new Nardo Grey colour complemented by red alloys, along with an upgraded reverse LCD Connected cluster packed with over 85 connected features. This combination enhances the motorcycle's sporty and premium appeal, ensuring exciting , safe and connected ride. The TVS Raider equipped with iGO Assist delivers the class leading torque of 11.75Nm@6000rpm. The iGO assist also enables rider with an acceleration from 0 to 60 km/h in just 5.8 seconds with its first-in-segment feature, the boost mode. In addition there is a 10% improvement in fuel efficiency, thus providing an unparalleled and thrilling riding experience like never before! Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
TVS Motor Q2 PAT climbs 23% YoY to Rs 663 crore

Revenue from operations rose 13.30% YoY to Rs 9,228.24 crore in the September 2024 quarter. Profit before tax stood at Rs 897.22 crore in second quarter of FY25, up 23.98% from Rs 723.65 crore posted in same quarter last year. The company posted its highest ever operating EBITDA of Rs 1,080 crore in Q2 FY25, registering a growth of 20% as against Rs 900 crore posted in second quarter of FY24. EBITDA margin significantly improved by 70bps at 11.7% in Q2 FY25 as against 11% in the quarter ended September 2023. The overall two-wheeler and three-wheeler sales including exports grew by 14% registering highest ever quarterly sales of 12.28 lakh units in the quarter ended September 2024 as against 10.74 lakh units registered in the quarter ended September 2023. Motorcycle sales grew by 14% registering 5.60 lakh units in the quarter ended September 2024 as against 4.93 lakh units in quarter ended September 2023. Scooter sales for the quarter ended June 2024 grew by 17% to 4.90 lakh units as against 4.20 lakh units in the second quarter of FY24. Two wheeler exports grew by 16% registering 2.78 lakh units in the quarter ended September 2024 as against 2.39 lakh units in the quarter ended September 2023. Three wheeler sales in Q2 FY25 stood at 0.38 lakh units as against 0.43 Lakh units during second quarter of FY25. During the quarter under review, the company's EV sales grew by 31% registering highest ever quarterly sales of 0.75 lakh units in the quarter ended September 2024 as against 0.58 lakh units during quarter ended September 2023. On half year basis, the company's standalone net profit increased 23.47% to Rs 1,239.94 crore on 14.58% rise in revenue to Rs 17,603.83 crore in H1 FY25 over H1 FY24. TVS Motor Company is a reputed two and three-wheeler manufacturer globally. It has four manufacturing facilities in Hosur, Mysuru and Nalagarh in India and Karawang in Indonesia. TVS Motor's group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Its subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. The scrip shed 0.92% to currently trade at Rs 2,541.65 on the BSE. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
TVS Motor Q2 PAT climbs 23% YoY to Rs 663 crore

Revenue from operations rose 13.30% YoY to Rs 9,228.24 crore in the September 2024 quarter. Profit before tax stood at Rs 897.22 crore in second quarter of FY25, up 23.98% from Rs 723.65 crore posted in same quarter last year. The company posted its highest ever operating EBITDA of Rs 1,080 crore in Q2 FY25, registering a growth of 20% as against Rs 900 crore posted in second quarter of FY24. EBITDA margin significantly improved by 70bps at 11.7% in Q2 FY25 as against 11% in the quarter ended September 2023. The overall two-wheeler and three-wheeler sales including exports grew by 14% registering highest ever quarterly sales of 12.28 lakh units in the quarter ended September 2024 as against 10.74 lakh units registered in the quarter ended September 2023. Motorcycle sales grew by 14% registering 5.60 lakh units in the quarter ended September 2024 as against 4.93 lakh units in quarter ended September 2023. Scooter sales for the quarter ended June 2024 grew by 17% to 4.90 lakh units as against 4.20 lakh units in the second quarter of FY24. Two wheeler exports grew by 16% registering 2.78 lakh units in the quarter ended September 2024 as against 2.39 lakh units in the quarter ended September 2023. Three wheeler sales in Q2 FY25 stood at 0.38 lakh units as against 0.43 Lakh units during second quarter of FY25. During the quarter under review, the company's EV sales grew by 31% registering highest ever quarterly sales of 0.75 lakh units in the quarter ended September 2024 as against 0.58 lakh units during quarter ended September 2023. On half year basis, the company's standalone net profit increased 23.47% to Rs 1,239.94 crore on 14.58% rise in revenue to Rs 17,603.83 crore in H1 FY25 over H1 FY24. TVS Motor Company is a reputed two and three-wheeler manufacturer globally. It has four manufacturing facilities in Hosur, Mysuru and Nalagarh in India and Karawang in Indonesia. TVS Motor's group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Its subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. The scrip slipped 2.98% to end at Rs 2,582 on the BSE. Powered by Capital Market - Live

1 month agoCapital Market - Live