TVS Srichakra Ltd
TVSSRICHAKTVS Srichakra Ltd
TVSSRICHAK
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 30.90 | 2.60 | 1.25% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 38.62 | 6.72 | 0.49% |
Forecast & Ratings
Detailed Forecast from 1 analyst
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
TVS Srichakra Limited is a holding company engaged in the manufacture of tires and tubes, including road use tires/tubes; off the road tires used in implements/forklifts/industrial tractors, and other machinery, non-highway service tires.
Peers
Compare with peersBalkrishna Industries Ltd
MRF Ltd
Apollo Tyres Ltd
CEAT Ltd
JK Tyre & Industries Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 2,208.01 | 1,965.11 | 2,167.72 | 2,442.98 | 2,113.93 | 1,944.42 | 2,712.94 | 3,200.50 | 3,180.20 | 3,018.45 | ||||||||||
Raw Materials | 1,220.25 | 1,142.93 | 1,231.46 | 1,543.77 | 1,146.70 | 1,016.80 | 1,618.15 | 1,793.30 | 1,633.51 | 2,733.51 | ||||||||||
| Power & Fuel Cost | 74.72 | 83.20 | 86.44 | 100.64 | 91.02 | 78.31 | 113.29 | 130.38 | 123.20 | |||||||||||
| Employee Cost | 215.86 | 206.84 | 233.67 | 269.27 | 263.89 | 260.56 | 294.71 | 308.28 | 341.18 | |||||||||||
| Selling & Administrative Expenses | 240.50 | 221.09 | 229.55 | 229.86 | 228.60 | 164.82 | 435.51 | 530.97 | 582.33 | |||||||||||
| Operating & Other expenses | 106.95 | 22.23 | 117.80 | 24.05 | 156.68 | 188.86 | 77.98 | 200.28 | 201.69 | |||||||||||
EBITDA | 349.73 | 288.82 | 268.80 | 275.39 | 227.04 | 235.07 | 173.30 | 237.29 | 298.29 | 284.94 | ||||||||||
| Depreciation/Amortization | 43.50 | 56.02 | 68.57 | 84.77 | 100.17 | 103.81 | 79.81 | 91.54 | 103.83 | 109.10 | ||||||||||
| PBIT | 306.23 | 232.80 | 200.23 | 190.62 | 126.87 | 131.26 | 93.49 | 145.75 | 194.46 | 175.84 | ||||||||||
| Interest & Other Items | 22.45 | 21.73 | 31.25 | 37.33 | 39.44 | 33.49 | 34.37 | 44.31 | 48.45 | 46.09 | ||||||||||
| PBT | 283.78 | 211.07 | 168.98 | 153.29 | 87.43 | 97.77 | 59.12 | 101.44 | 146.01 | 129.75 | ||||||||||
| Taxes & Other Items | 97.64 | 63.45 | 52.84 | 50.35 | 5.09 | 23.85 | 15.65 | 23.45 | 38.06 | 36.07 | ||||||||||
| Net Income | 186.14 | 147.62 | 116.14 | 102.94 | 82.34 | 73.92 | 43.47 | 77.99 | 107.95 | 93.68 | ||||||||||
| EPS | 243.10 | 192.79 | 151.68 | 134.44 | 107.53 | 96.54 | 56.77 | 101.85 | 140.98 | 122.34 | ||||||||||
| DPS | 60.00 | 50.70 | 40.00 | 40.00 | 20.10 | 30.00 | 16.30 | 32.10 | 47.34 | 32.05 | ||||||||||
| Payout ratio | 0.25 | 0.26 | 0.26 | 0.30 | 0.19 | 0.31 | 0.29 | 0.32 | 0.34 | 0.26 |
Company Updates
Peers & Comparison
Consumer DiscretionaryTires & Rubber
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| TVS Srichakra Ltd | 26.82 | 2.60 | 1.25% |
| Balkrishna Industries Ltd | 37.17 | 6.18 | 0.57% |
| MRF Ltd | 24.32 | 3.03 | 0.17% |
| Apollo Tyres Ltd | 18.11 | 2.24 | 1.22% |
Price Comparison
Compare TVSSRICHAK with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 3 Mutual Funds holding TVS Srichakra Ltd
| Funds (Top 3) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Quant Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 4.8684% | Percentage of the fund’s portfolio invested in the stock 0.55% | Change in the portfolio weight of the stock over the last 3 months -0.07% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 68/94 (-10) |
ITI ELSS Tax Saver Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0000% | Percentage of the fund’s portfolio invested in the stock 0.00% | Change in the portfolio weight of the stock over the last 3 months -0.60% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 62/81 (-3) |
quant Manufacturing Fund - Growth Option - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0000% | Percentage of the fund’s portfolio invested in the stock 0.00% | Change in the portfolio weight of the stock over the last 3 months -1.19% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 17/39 (+2) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Trend In Dividends
TVSSRICHAK has shown inconsistent dividend trend over the last 5 years
Dividend Yield
Current dividend yield is 1.25%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹12.52 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 30, 2024
Dividend/Share
₹47.34
Ex DateEx Date
Aug 30, 2024
Cash Dividend
Ex DateEx DateSep 4, 2023
Dividend/Share
₹32.05
Ex DateEx Date
Sep 4, 2023
Cash Dividend
Ex DateEx DateSep 2, 2022
Dividend/Share
₹16.30
Ex DateEx Date
Sep 2, 2022
Cash Dividend
Ex DateEx DateAug 25, 2021
Dividend/Share
₹30.00
Ex DateEx Date
Aug 25, 2021
Cash Dividend
Ex DateEx DateMar 17, 2020
Dividend/Share
₹20.10
Ex DateEx Date
Mar 17, 2020
TVS Srichakra announced that the Annual General Meeting (AGM) of the company will be held on 12 September 2024.Powered by Capital Market - Live
Net profit of TVS Srichakra declined 68.11% to Rs 6.68 crore in the quarter ended June 2024 as against Rs 20.95 crore during the previous quarter ended June 2023. Sales rose 12.64% to Rs 790.98 crore in the quarter ended June 2024 as against Rs 702.20 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales790.98702.20 13 OPM %6.918.63 - PBDT41.7752.11 -20 PBT12.4128.02 -56 NP6.6820.95 -68 Powered by Capital Market - Live
TVS Srichakra will hold a meeting of the Board of Directors of the Company on 7 August 2024.Powered by Capital Market - Live
Tyre stocks in focus; JK, TVS Srichakra, Ceat, Apollo rally up to 13%
TVS Srichakra To Acquire SG Acquisition Corporation For $3 Million
TVS Srichakra Standalone June 2023 Net Sales at Rs 668.76 crore, down 6.28% Y-o-Y
TVS Srichakra to continue product-offensive drive in FY24
TVS Srichakra unveils new tyre products in Panama
TVS Srichakra Q4 standalone net up over threefold to ₹22 crore
TVS Srichakra Q4 net profit rises threefold to ₹21.92 crore
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 5.42%, vs industry avg of 8.67%
Decreasing Market Share
Over the last 5 years, market share decreased from 3.72% to 3.18%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 0.95%, vs industry avg of 18.19%