TVS Eurogrip

Madurai, India Founded: 1982 • Age: 44 yrs Listed
Automotive tyres are manufactured and supplied by TVS Eurogrip.

About TVS Eurogrip

TVS Eurogrip is a publicly listed company based in Madurai (India) founded in 1982. Automotive tyres are manufactured and supplied by TVS Eurogrip. The company has 2,790 employees. Its Indian entity Tvs Srichakra Limited reported revenue of β‚Ή3,939 Cr. TVS Eurogrip offers products and services including Two-Wheeler Tyres, Three-Wheeler Tyres, Agricultural Tyres, and Industrial Tyres. Its focus areas include Auto, Auto Components, Wheels and Tyres and Tyres. Its competitors include JK Tyre and Ceat Tyres.

Company details

TVS Eurogrip was established in 1982 and is based in Madurai, India. Automotive tyres for various vehicles are produced and distributed by the company within the manufacturing sector. Operations encompass tyre design, production, and supply to domestic and international markets. The focus remains on standard automotive applications, with distribution handled through established channels. Headquarters oversee core activities from the Indian location.

Key Metrics
  • Market Cap
    ₹3,139 Cr

    TVSSRICHAK · NSE

  • Share Price
    ₹4,117.00

    +0.48% today

  • Revenue
    ₹3,922 Cr

    FY 2025-26 · +11.5% YoY

  • EBITDA
    ₹285 Cr

    Margin 7.3%

  • Net Profit
    ₹68.29 Cr

    FY 2025-26 · +152.8% YoY

  • P/E (TTM)
    31.4x

    P/B 2.7x

  • ROE
    6.0%

    ROCE 7.8%

  • Debt / Equity
    0.70

    Interest cover 39.8x

  • Employee Count
    2,790

Products & Services of TVS Eurogrip

TVS Eurogrip offers a comprehensive portfolio of products and services, including Two-Wheeler Tyres, Three-Wheeler Tyres, Agricultural Tyres, and Industrial Tyres.

Two-Wheeler Tyres
Vehicle Tyres

Tyres designed for motorcycles and scooters.

Three-Wheeler Tyres
Vehicle Tyres

Tyres for auto-rickshaws and light vehicles.

Agricultural Tyres
Industrial Tyres

Tyres suited for farming and off-road equipment.

Industrial Tyres
Industrial Tyres

Tyres for heavy machinery and OTR applications.

Apps and channels of TVS Eurogrip

its YouTube channel Eurogrip Tyres has 31.7K subscribers and 30 videos.

Eurogrip Tyres
YouTube 31.7K subscribers 30 videos Film & Animation
Open channel

Videos from TVS Eurogrip

The most watched videos on TVS Eurogrip's YouTube channel, Eurogrip Tyres (31.7K subscribers). Click a video to play it here.

ENJOY EVERY TURN | HINDI | MS DHONI X EUROGRIP TYRES
25.1M views
RIDE ON, AND ON | HINDI | MS DHONI X EUROGRIP TYRES
13.2M views
ENJOY EVERY TURN – MS Dhoni x Eurogrip Tyres | Hindi | 30 Sec | #1
12.3M views
ENJOY EVERY TURN – MS Dhoni x Eurogrip Tyres | Hindi | 30 Sec | #2
11.9M views

More on Eurogrip Tyres.

Board of directors of Tvs Srichakra Limited (TVS Eurogrip)

Tvs Srichakra Limited is the primary company behind TVS Eurogrip. The board of Tvs Srichakra Limited currently have 8 directors; the longest-serving is Ramachandhran Naresh, appointed in 1982. 22 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ramachandhran Naresh
DIN 00273609
Managing Director02 Jun 198244 yrs 4 moTvs Srichakra Limited
Shobhana Ramachandhran
DIN 00273837
Managing Director28 Mar 198640 yrs 7 moTvs Srichakra Limited
Venkatraman Ramakrishnan
DIN 00002931
Director24 May 201412 yrs 5 moTvs Srichakra Limited
Saraswathi Venkataraman Mathangi
DIN 02596421
Director01 Apr 20206 yrs 7 moTvs Srichakra Limited
Sargunaraj Ravichandran
DIN 01485845
Director13 Aug 20206 yrs 2 moTvs Srichakra Limited
Padmanabhan Srinivasavaradhan
DIN 08701214
Director13 Aug 20206 yrs 2 moTvs Srichakra Limited
Piyush Jinendrakumar Munot
DIN 00119507
Director13 Feb 20242 yrs 8 moTvs Srichakra Limited
Ashok Srinivasan
DIN 06539656
Director13 Feb 20242 yrs 8 moTvs Srichakra Limited

IPO & Listings of TVS Eurogrip

TVS Eurogrip is a publicly listed company on the NSE with ticker symbol TVSSRICHAK in India, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date28 Sep 1983
  • Listed onBSE: 509243
  • Listed entityTVS Srichakra Limited
  • Exchange sectorConsumer durables
  • ISININE421C01016
  • Share price₹4,348.00 (+0.26% on the day) · 2026-10-14
  • Market capitalisation₹3,315 Cr
  • Price to earnings36.0
  • EPS (diluted, trailing year)₹120.63
  • Dividend yield0.88%
  • Volume (last session)1,424

Financials of TVS Eurogrip

Exchange-reported figures of Tvs Srichakra Limited, the listed company behind TVS Eurogrip (NSE: TVSSRICHAK).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹3,922 Cr
+11.5% YoY
EBITDA
₹285 Cr
+30.4% YoY
Profit After Tax
₹68.29 Cr
+152.8% YoY
Net Worth
₹1,190 Cr
+0.5% YoY
Total Assets
₹2,031 Cr
-3.2% YoY
Total Debt
₹767 Cr
-13.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue3,9223,5193,1743,1912,7061,9392,104
Revenue growth+11.5%+10.9%-0.6%+17.9%+39.6%-7.8%-
EBITDA285219292228167230217
EBITDA margin+7.3%+6.2%+9.2%+7.2%+6.2%+11.9%+10.3%
Profit before tax10336.5114610159.1297.7787.43
Net profit68.2927.0111582.0045.4974.0582.34
Net profit margin+1.7%+0.8%+3.6%+2.6%+1.7%+3.8%+3.9%
EPS (β‚Ή)92.9926.91140.93101.8156.7596.50107.49
Balance sheet
Total assets2,0312,0991,9931,7211,6841,1271,192
Net worth1,1901,1841,1121,034971825745
Total debt767886842662610208351
Cash & bank23.2717.2118.6115.5612.908.9913.50
Net working capital327436469401513259337
Cash flow
Cash from operations297197228206(62.14)307298
Cash from investing(103)(154)(325)(202)(282)(91.85)(134)
Cash from financing(187)(46.64)1010.27348(215)(169)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1,068981917926819818803842
Revenue growth (YoY)+30.3%+19.9%+14.2%+10.1%+3.6%---
Other income14.219.850.962.9319.662.051.352.51
EBITDA79.8186.6164.4063.2748.2761.8838.3658.92
EBITDA margin+7.5%+8.8%+7.0%+6.8%+5.9%+7.6%+4.8%+7.0%
Depreciation37.1436.7036.4235.5733.5137.0631.6730.67
Interest11.6411.6811.8812.4214.5014.4513.6212.85
Profit before tax45.2448.0817.0618.2119.9212.42(5.58)17.91
Tax11.2211.995.887.257.092.770.447.66
Net profit34.0236.0911.1810.9612.839.65(6.02)10.25
EPS (β‚Ή)44.4347.1314.5614.5216.8212.52(7.79)13.47
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue3,3903,0232,7543,0722,6261,8762,052
Revenue growth+12.1%+9.8%-10.3%+17.0%+40.0%-8.6%-
EBITDA278214277215161225215
EBITDA margin+8.2%+7.1%+10.0%+7.0%+6.2%+12.0%+10.5%
Profit before tax11048.6113991.2956.9496.4689.77
Net profit78.7445.6311074.1143.5872.8984.42
Net profit margin+2.3%+1.5%+4.0%+2.4%+1.7%+3.9%+4.1%
EPS (β‚Ή)107.9848.25135.2091.5454.2794.99110.21
Balance sheet
Total assets2,0052,0451,9631,7031,6861,1331,194
Net worth1,2301,2031,1141,040985841762
Total debt702812818637598198336
Cash & bank13.8813.2714.4510.559.077.2811.13
Net working capital282367426368495246327
Cash flow
Cash from operations281205241217(40.36)349298
Cash from investing(116)(115)(350)(202)(305)(139)(136)
Cash from financing(165)(90.65)114(12.35)347(208)(168)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue997913850865762752747785
Revenue growth (YoY)+30.9%+21.3%+13.8%+10.2%+3.1%---
Other income9.377.101.543.5220.072.121.812.73
Total expenses922829788803713696710723
EBITDA75.2683.1562.1762.2848.7856.3336.6562.19
EBITDA margin+7.5%+9.1%+7.3%+7.2%+6.4%+7.5%+4.9%+7.9%
Depreciation34.4433.9233.7933.1731.1533.3929.6328.58
Interest10.7510.7110.9311.4113.4013.2212.4011.43
Profit before tax39.4445.6218.9921.2224.3011.84(3.57)24.91
Tax10.2211.004.845.416.181.25(0.49)6.72

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 02 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1,068981917926819818803842
Revenue growth (YoY)+30.3%+19.9%+14.2%+10.1%+3.6%---
Other income14.219.850.962.9319.662.051.352.51
EBITDA79.8186.6164.4063.2748.2761.8838.3658.92
EBITDA margin+7.5%+8.8%+7.0%+6.8%+5.9%+7.6%+4.8%+7.0%
Depreciation37.1436.7036.4235.5733.5137.0631.6730.67
Interest11.6411.6811.8812.4214.5014.4513.6212.85
Profit before tax45.2448.0817.0618.2119.9212.42(5.58)17.91
Tax11.2211.995.887.257.092.770.447.66
Net profit34.0236.0911.1810.9612.839.65(6.02)10.25
EPS (β‚Ή)44.4347.1314.5614.5216.8212.52(7.79)13.47
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue3,9223,5193,1743,1912,7061,9392,104
Revenue growth+11.5%+10.9%-0.6%+17.9%+39.6%-7.8%-
Other income16.966.216.639.176.465.2110.19
Total expenses3,6363,3002,8822,9632,5401,7091,887
Employee cost417399341308295261285
EBITDA285219292228167230217
EBITDA margin+7.3%+6.2%+9.2%+7.2%+6.2%+11.9%+10.3%
Depreciation14212910491.5479.81104100
Interest56.9559.8448.4544.3134.3733.4939.44
Profit before tax10336.5114610159.1297.7787.43
Tax32.2115.9938.2523.6215.8023.955.16
Net profit68.2927.0111582.0045.4974.0582.34
Net profit margin+1.7%+0.8%+3.6%+2.6%+1.7%+3.8%+3.9%
EPS (β‚Ή)92.9926.91140.93101.8156.7596.50107.49
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital7.667.667.667.667.667.667.66
Reserves & surplus1,1831,1761,1041,027963817737
Shareholders' funds (net worth)1,1901,1841,1121,034971825745
Minority interest0.00(0.76)(0.67)(0.48)(0.31)(0.17)(0.07)
Secured loans663780735637570269351
Unsecured loans10510610825.1539.83(60.75)0.04
Total debt767886842662610208351
Total liabilities2,0312,0991,9931,7211,6841,1271,192
Assets
Gross block2,1502,0221,8141,5331,2461,1241,042
Net block1,1611,1671,084905708666687
Capital work in progress66.9497.7714314522662.8448.28
Investments41439226025525410196.80
Inventories742798703779813426421
Sundry debtors410347282221240245207
Cash & bank balances23.2717.2118.6115.5612.908.9913.50
Loans & advances67.8951.6610049.5759.3446.6288.39
Total current assets1,2441,2141,1041,0651,125727730
Total current liabilities916779635663611468393
Net working capital327436469401513259337
Total assets2,0312,0991,9931,7211,6841,1271,192
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash12.5315.9212.558.724.683.989.03
Net cash from operating activities297197228206(62.14)307298
Net cash from investing activities(103)(154)(325)(202)(282)(91.85)(134)
Net cash from financing activities(187)(46.64)1010.27348(215)(169)
Net change in cash7.13(3.39)3.373.834.040.70(5.05)
Closing cash23.2717.2118.6115.5612.908.9913.50
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+11.5%+10.9%-0.6%+17.9%+39.6%-7.8%-
EBITDA growth+30.4%-25.0%+27.9%+36.7%-27.4%+6.0%-
PBT growth+182.9%-75.0%+43.9%+71.6%-39.5%+11.8%-43.0%
Net income growth+152.8%-76.4%+39.7%+80.3%-38.6%-10.1%-
Revenue CAGR (3Y)+7.1%+9.1%+17.8%+14.9%+3.6%-3.4%+2.4%
EBITDA CAGR (3Y)+7.8%+9.5%+8.3%+1.7%-14.1%-3.2%-8.6%
Profitability & leverage
Net income margin+1.8%+0.6%+3.4%+2.4%+1.6%+3.8%+3.9%
Return on capital employed+7.8%+5.3%+10.5%+8.6%+6.7%+11.3%+10.4%
Return on net worth+6.0%+2.3%+10.0%+7.8%+4.8%+9.4%+11.2%
Debt / equity0.700.750.700.630.460.360.53
Long-term debt / equity0.260.340.350.370.330.190.12
Interest cover39.7566.3925.7932.4439.4926.5733.80
Efficiency & per share
Fixed asset turnover1.881.831.902.302.281.792.15
Inventory turnover5.094.694.284.014.374.584.58
Debtors turnover10.3611.1912.6213.8711.168.567.73
EPS (β‚Ή)92.9926.91140.93101.8156.7596.50107.49
Dividend per share (β‚Ή)37.8016.8947.3432.1016.3030.0020.10
Book value per share (β‚Ή)1,553.761,545.561,451.871,350.101,267.361,076.67972.51
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue997913850865762752747785
Revenue growth (YoY)+30.9%+21.3%+13.8%+10.2%+3.1%---
Other income9.377.101.543.5220.072.121.812.73
Total expenses922829788803713696710723
EBITDA75.2683.1562.1762.2848.7856.3336.6562.19
EBITDA margin+7.5%+9.1%+7.3%+7.2%+6.4%+7.5%+4.9%+7.9%
Depreciation34.4433.9233.7933.1731.1533.3929.6328.58
Interest10.7510.7110.9311.4113.4013.2212.4011.43
Profit before tax39.4445.6218.9921.2224.3011.84(3.57)24.91
Tax10.2211.004.845.416.181.25(0.49)6.72
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue3,3903,0232,7543,0722,6261,8762,052
Revenue growth+12.1%+9.8%-10.3%+17.0%+40.0%-8.6%-
Other income16.707.637.097.875.925.319.48
Total expenses3,1122,8092,4772,8572,4641,6511,837
Employee cost365344310291279246273
EBITDA278214277215161225215
EBITDA margin+8.2%+7.1%+10.0%+7.0%+6.2%+12.0%+10.5%
Depreciation13211998.4388.4477.0710197.66
Interest52.3553.7746.2643.0833.4032.3637.38
Profit before tax11048.6113991.2956.9496.4689.77
Tax27.4211.6535.3921.1715.3723.705.35
Net profit78.7445.6311074.1143.5872.8984.42
Net profit margin+2.3%+1.5%+4.0%+2.4%+1.7%+3.9%+4.1%
EPS (β‚Ή)107.9848.25135.2091.5454.2794.99110.21
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital7.667.667.667.667.667.667.66
Reserves & surplus1,2231,1951,1061,033977833754
Shareholders' funds (net worth)1,2301,2031,1141,040985841762
Secured loans602712718612503256336
Unsecured loans10010010025.1595.00(57.10)0.00
Total debt702812818637598198336
Total liabilities2,0052,0451,9631,7031,6861,1331,194
Assets
Gross block2,0361,9181,7101,4741,1901,070990
Net block1,0911,0961,006866670627647
Capital work in progress64.3193.9514114022462.6748.18
Investments513491358320320163109
Inventories658718629756800416411
Sundry debtors365298230193225232197
Cash & bank balances13.8813.2714.4510.559.077.2811.13
Loans & advances11881.1215343.9357.0744.3790.27
Total current assets1,1541,1101,0261,0041,092700709
Total current liabilities872743600635597454382
Net working capital282367426368495246327
Total assets2,0052,0451,9631,7031,6861,1331,194
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash10.8411.767.544.892.971.617.50
Net cash from operating activities281205241217(40.36)349298
Net cash from investing activities(116)(115)(350)(202)(305)(139)(136)
Net cash from financing activities(165)(90.65)114(12.35)347(208)(168)
Net change in cash0.94(0.92)4.222.651.921.36(5.89)
Closing cash13.8813.2714.4510.559.077.2811.13
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+12.1%+9.8%-10.3%+17.0%+40.0%-8.6%-
EBITDA growth+30.0%-22.7%+28.7%+33.1%-28.1%+4.3%-
PBT growth+126.6%-65.0%+52.2%+60.3%-41.0%+7.5%-41.4%
Net income growth+72.6%-58.6%+48.7%+70.1%-40.2%-13.7%-
Revenue CAGR (3Y)+3.3%+4.8%+13.7%+14.4%+3.3%-4.5%+1.5%
EBITDA CAGR (3Y)+8.9%+9.8%+7.2%-0.1%-14.8%-3.9%-8.9%
Profitability & leverage
Net income margin+2.4%+1.2%+3.8%+2.3%+1.6%+3.9%+4.1%
Return on capital employed+8.0%+5.7%+10.1%+7.9%+6.4%+11.1%+10.4%
Return on net worth+6.8%+3.9%+9.6%+6.9%+4.6%+9.1%+11.2%
Debt / equity0.620.700.680.610.440.330.50
Long-term debt / equity0.250.330.350.340.290.180.11
Interest cover35.9156.7525.9734.0639.5626.2031.77
Efficiency & per share
Fixed asset turnover1.711.671.732.312.321.822.21
Inventory turnover4.934.493.983.954.324.544.56
Debtors turnover10.2311.4513.0214.6811.488.747.88
EPS (β‚Ή)107.9848.25135.2091.5454.2794.99110.21
Dividend per share (β‚Ή)37.8016.8947.3432.1016.3030.0020.10
Book value per share (β‚Ή)1,606.141,570.401,454.271,358.171,285.641,097.39994.77

Competitors of TVS Eurogrip

TVS Eurogrip has 2 listed competitors in our database. They include JK Tyre and Ceat Tyres.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
jktyre.com1951Delhi, India6,275
Manufacturer of tyres for automobiles
ceat.com1958Mumbai, India6,743
Manufacturer of tires for passenger & commercial vehicles
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Top companies in Automotive Manufacturing & Components

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Related news about Tvs Eurogrip

TVS Srichakra Limited: Opens New Retail Stores In Uttar Pradesh And Uttarakhand; 21st Store In Aligarh And 20th Store In Bhowali To Expand Tyre And Two-Wheeler Care Network.
Exchange Update β€’ 1 month ago
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Frequently Asked Questions about TVS Eurogrip

TVS Eurogrip was founded in 1982.

TVS Eurogrip is headquartered in Madurai, India. It is registered at Madurai, Tamil Nadu, India.

TVS Eurogrip has 2,790 employees.

The primary company behind TVS Eurogrip, Tvs Srichakra Limited, reported revenue of β‚Ή3,939 Cr for FY 2026, up 11% year on year.

TVS Eurogrip was established in 1982 and is based in Madurai, India. Automotive tyres for various vehicles are produced and distributed by the company within the manufacturing sector. Operations encompass tyre design, production, and supply to domestic and international markets. The focus remains on standard automotive applications, with distribution handled through established channels. Headquarters oversee core activities from the Indian location.

TVS Eurogrip's top competitors include Ceat Tyres and JK Tyre.

TVS Eurogrip offers Two-Wheeler Tyres, Three-Wheeler Tyres, Agricultural Tyres, and Industrial Tyres.

Yes, TVS Eurogrip is publicly traded on NSE under the ticker symbol TVSSRICHAK.

TVS Eurogrip operates through Tvs Srichakra Limited.

The legal entities of TVS Eurogrip currently have 10 directors, including Ramachandhran Naresh, Sargunaraj Ravichandran, Saraswathi Venkataraman Mathangi and others.

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