About Lucas TVS Limited
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Lucas TVS Limited is a public limited company based in Chennai, Tamil Nadu, India, a subsidiary of Sb Tvs Industrial Ventures Private Limited. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 20 December 1961 and has been in existence for over 65 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U35999TN1961PLC004678. Its GSTIN is 33AAACL3763E1ZU (Tamil Nadu). The company holds 9 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹9.55 Cr. It is led by directors including Arvind Balaji (Managing Director) and Tirumala Kumara Balaji (Managing Director).
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 6 (New No 11 13) Patullo Rd. Chennai Tn, Tamil Nadu, India – 600002.
As per the financials filed for FY 2025, the company reported a revenue of ₹5,144.76 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹266.55 Cr (net margin 5.2%) and EBITDA of ₹481.2 Cr (EBITDA margin 9.4%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 16% over five years.
Its group structure includes 5 subsidiaries.
The company is associated with 2 brands: India Nippon Electricals and Lucas TVS. As per MCA filings, the company has satisfied charges of ₹279.97 Cr on record. Court records list 207 cases involving the company, including 125 filed by the company and 82 filed against it; 19 cases are pending. The company has 4 deals on record (4 secondary share transfers); the latest was in December 2022. The company has 27 MSME Form 1 returns on record between 2018 and 2024, listing 537 overdue payments to 249 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lucas-tvs.com.
Company details
Contact details
Lucas TVS Limited's registered office is in Chennai, Tamil Nadu. Its website is lucas-tvs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6 (New No 11 13) Patullo Rd. Chennai Tn, Tamil Nadu, India – 600002
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Lucas TVS Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Lucas TVS operates two associated brands: India Nippon Electricals and Lucas TVS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures electrical components for automobiles | indianippon.com | |
| Lucas TVS is recognized as a leader in auto electricals and mechatronics solutions. | lucas-tvs.com |
Business activity
The main business activity of Lucas TVS is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Lucas TVS Limited, buy the company report.
Financials of Lucas TVS Limited
FY 2025 filings availableLucas TVS Limited reported revenue of ₹5,144.76 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 11% growth in the latest year. EBITDA rose 38% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹481.2 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹266.55 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.4% | ||||
| Net Profit Margin | 5.2% | ||||
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To see the full financial statements and ratios of Lucas TVS Limited, buy the company report.
Board of directors and KMP of Lucas TVS Limited
Lucas TVS Limited currently reports 7 directors and 2 key managerial personnel. 9 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Jagannathan Jothee | Director | 13 Aug 2024 | 2 Years 2 Months | Current |
| Gopal Srinivasan | Director | 28 Mar 1996 | 30 Years 7 Months | Current |
| Sudarsan Malayankulam Chakravarthi | Cfo | 28 Sep 2022 | 4 Years 1 Months | Current |
| Bhaskar Bhat | Director | 28 May 2024 | 2 Years 5 Months | Current |
| Arvind Balaji Also directs: India Nippon Electricals Limited, Schaeffler India Limited, Delphi-Tvs Technologies Limited and 5 more | Managing Director | 13 Dec 2007 | 18 Years 10 Months | Current |
| Anant Jaivant Talaulicar | Additional Director | 05 Mar 2026 | 0 Years 7 Months | Current |
Auditor
Lucas TVS Limited is audited by V Sankar Aiyar & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V Sankar Aiyar & Co. | FY 2024 | 109208W |
Shareholding
The shareholding of Lucas TVS Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lucas TVS Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2009 | 10185381 | Bank of Baroda-Corporate Financial Services Branch | ₹50 Cr | Satisfied | |
| 16 Mar 2009 | 10151616 | Hsbc Bank (Mauritius) Limited | ₹39 Cr | Satisfied | |
| 01 Mar 2005 | 90296630 | State Bank of India | ₹63.5 Cr | Satisfied | |
| 14 Sep 2001 | 90298157 | Uti Bank Limited | ₹40 Cr | Satisfied | |
| 29 Sep 1999 | 90297073 | Indian Bank | ₹1.67 Cr | Satisfied |
To see the full charge records of Lucas TVS Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Lucas TVS Limited has 4 deals on record (4 secondary share transfers); the latest was in December 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Secondary share transfer | Undisclosed | Seller: Hastham Swasthi Private Limited , Punarvasu Swasthi Private Limited |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: SB TVS Industrial Ventures Private Limited Seller: Sundaram Industries Private Limited, T.V. Sundram Iyengar & Sons Private Limited , Southern Roadways Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: TSF Investments Limited Seller: Sundaram Finance Limited |
| Nov 2009 | Secondary share transfer | Undisclosed | Buyer: India Nippon Electricals Limited Seller: Administrator Of The Specified Undertaking Of Unit Trust Of India |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Lucas TVS Limited has 207 court cases on record: 125 filed by Lucas TVS, 82 filed against it. 19 cases are pending and 188 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 145 | 48 | 15 |
| District courts | 47 | 26 | 4 |
| Supreme Court | 15 | 8 | 0 |
Cases on record (5 of 207)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (C.S(COMM DIV)) | Filed by the company against HDFC Bank Limited | Pending |
| High Court, PONDICHERRY | Interim or miscellaneous application | Filed by the company against HDFC Bank Limited and 4 others | Pending |
| High Court, PONDICHERRY | Writ petition | Filed by the company against HDFC Bank Ltd and 5 others | Pending |
| High Court, PONDICHERRY | Interim or miscellaneous application | Filed by the company against HDFC Bank Ltd., and 4 others | Disposed |
| High Court, PONDICHERRY | Writ petition | Filed by the company against HDFC Bank Ltd., and 4 others | Disposed |
To see the full case history of Lucas TVS Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Lucas TVS Limited was last rated by Crisil on 29 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 29 Oct 2021 |
To see the full credit ratings and regulatory alerts of Lucas TVS Limited, buy the company report.
MSME payment delays
Lucas TVS Limited has 27 MSME Form 1 returns on record between 2018 and 2024, listing 537 overdue payments to 249 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 249)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Srimukha Precision Products Unit-Iii | |||
| Orion Express Logistics Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Ski Manufacturing |
To see the full MSME payment records of Lucas TVS Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Lucas TVS has 5 subsidiary companies and 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| India Nippon Electricals Limited | L31901TN1984PLC011021 | |
| TVS Indeon Limited | U31900TN2021PLC146468 | |
| Lucas Indian Service Limited | U35999TN1930PLC005705 | |
| Synergy Shakthi Renewable Energy Private Limited | U40108TN1995PTC030884 | |
| TVS Automotive Systems Limited | U50101TN2005PLC057476 |
To see the full group structure of Lucas TVS Limited, buy the company report.
GST
Lucas TVS has 9 GST registrations: 8 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACL3763E1ZU | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAACL3763E2ZT | Tamil Nadu | Active | 28 Apr 2018 |
| 05AAACL3763E1ZT | Uttarakhand | Active | 01 Jul 2017 |
| 06AAACL3763E1ZR | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lucas TVS Limited, buy the company report.
Recent activity
Lucas TVS Limited has 15 board changes on record since 1979: 9 appointments and 6 cessations. The latest: Anant Jaivant Talaulicar was appointed as Additional Director on 05 Mar 2026.
48 earlier events are in the company report.
News
Frequently asked questions
Lucas TVS is an active public limited company based in Chennai, Tamil Nadu, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 20 December 1961 (65+ years old) and is registered under CIN U35999TN1961PLC004678.
Lucas TVS has 9 current directors and KMP:
- Arvind Balaji - Managing Director
- Tirumala Kumara Balaji - Managing Director
- Thirumalaikumarabalaji Priyamvada - Whole-Time Director
- Prakash Jagannathan Jothee - Director
- Gopal Srinivasan - Director
- Bhaskar Bhat - Director
- Anant Jaivant Talaulicar - Additional Director
- Sudarsan Malayankulam Chakravarthi - Cfo
- Sekar Logitha - Company Secretary
The latest financial statements of Lucas TVS on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Lucas TVS is 33AAACL3763E1ZU, registered in Tamil Nadu. The company has 9 GST registrations in all, of which 8 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAACL3763E2ZT (Tamil Nadu), 05AAACL3763E1ZT (Uttarakhand), 06AAACL3763E1ZR (Haryana).
The CIN (Corporate Identification Number) of Lucas TVS is U35999TN1961PLC004678. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lucas TVS has 207 court cases on record: 125 filed by the company and 82 filed against it. 19 are pending. Most are in the high courts.
Lucas TVS was incorporated on 20 December 1961, making it 65+ years old. It is registered with the Registrar of Companies, Chennai.
Lucas TVS has 4 deals on record (4 secondary share transfers); the latest was in December 2022.
Anant Jaivant Talaulicar was appointed as Additional Director on 05 Mar 2026. Prakash Jagannathan Jothee was appointed as Director on 13 Aug 2024. Bhaskar Bhat was appointed as Director on 28 May 2024. Lucas TVS has 15 board changes on record in total.
Lucas TVS has 27 MSME Form 1 returns on record between 2018 and 2024, listing 537 overdue payments to 249 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Lucas TVS can be reached through the website lucas-tvs.com. Its registered office is in Chennai, Tamil Nadu, India.
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