India's Richest People 2026 edition · 1 director · Source: Hurun India
- #30 Venu Srinivasan ₹80,200 Cr
Revenue · FY 2026
₹7,197.07 Cr
▲ 9% YoY
Net profit · FY 2026
₹913.86 Cr
Net margin 12.7%
Authorised capital
₹320 Cr
Registered with MCA
Paid-up capital
₹258.05 Cr
Issued & subscribed
Open charges
₹34,869 Cr
Satisfied ₹29,218 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
22,652
Provident fund records
Directors on board
9
As per MCA filings
About TVS Credit Services Limited
Data last updated:
TVS Credit Services Limited is a public limited company based in Chennai, Tamil Nadu, India, a subsidiary of Tvs Motor Company Limited. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 05 November 2008 and has been in existence for over 18 years.
Its director Venu Srinivasan is #30 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65920TN2008PLC069758. Its GSTIN is 33AADCT0724A1Z4 (Tamil Nadu). The company holds 65 GST registrations, of which 62 are active.
The company has an authorised share capital of ₹320 Cr and a paid-up capital of ₹258.05 Cr. It was formerly known as Tvs Motor Credit Limited. It is led by directors including Ashish Sapra (Whole-Time Director) and Sudarshan Venu.
Its last annual general meeting (AGM) was held on 30 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2026, the company reported a revenue of ₹7,197.07 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹913.86 Cr (net margin 12.7%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 26% over five years.
The company has about 22,652 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 2 brands: TVS Credit and Tractorkarvan. As per MCA filings, the company has open charges of ₹34,869 Cr and satisfied charges of ₹29,218 Cr on record. Court records list 87,965 cases involving the company, including 87,455 filed by the company and 511 filed against it; 40,325 cases are pending. The company has 23 deals on record (16 funding rounds, 6 secondary share transfers, 1 acquisition), with disclosed funding of ₹2,768.07 Cr; the latest was in July 2025. Its 5 peer companies in the same principal business activity (activities auxiliary to financial service and insurance activities) are compared by revenue, 2 larger and 3 smaller; the largest is Bajaj Housing Finance Limited with revenue of ₹7,617.71 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tvscredit.com.
Company details
CIN U65920TN2008PLC069758
Registration Number 069758
Incorporation Date 05 November 2008
ROC Chennai
Listing Status Unlisted
Company Status Active
Parent Company Tvs Motor Company Limited
Compliance Status Active Compliant
CIN history
TVS Credit Services has one previous CIN (Corporate Identification Number): U65920KA2008PLC218369. The current CIN is U65920TN2008PLC069758, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65920TN2008PLC069758 | Current |
| U65920KA2008PLC218369 | Previous |
Recognitions & Rankings of TVS Credit Services
Contact details
TVS Credit Services Limited's registered office is in Chennai, Tamil Nadu. Its website is tvscredit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressChaitanya No.12 Khadernawazkhanroad Nungambak, Kam, Chennai, Tamil Nadu, India – 600006
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of TVS Credit Services Limited, buy the company report.
Comprehensive company report
TVS Credit Services Limited - one report that includes everything
- 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
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Brands
TVS Credit Services operates two associated brands: TVS Credit and Tractorkarvan. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Consumer personal and auto loans are provided for various products. | tvscredit.com | |
| Provides an online platform for listing and selling second-hand tractors. | tractorkarvan.com |
Business activity
The main business activity of TVS Credit Services is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of TVS Credit Services Limited, buy the company report.
Financials of TVS Credit Services Limited
FY 2026 filings availableTVS Credit Services Limited reported revenue of ₹7,197.07 Cr (up 9% YoY) for FY 2026.
Revenue · FY 2026
₹7,197.07 Cr ▲ 9%
Net profit · FY 2026
₹913.86 Cr margin 12.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 20%
5 years · compounded
▲ 26%
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 9% growth 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7,197.07 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹913.86 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | 12.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of TVS Credit Services Limited, buy the company report.
Board of directors of TVS Credit Services Limited
TVS Credit Services has 9 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudarshan Venu Also directs: Harita Accessories LLP, Pinnacle Global Trade Links LLP, TVS Motor Company Limited and 5 more | Director | 23 Jun 2015 | 11 Years 4 Months | Current |
| Rajarangamani Gopalan | Director | 20 Jul 2019 | 7 Years 3 Months | Current |
| Balasubramanyam Sriram Also directs: TVS Motor Company Limited, TVS Supply Chain Solutions Limited, Icici Bank Limited and 2 more | Director | 12 Oct 2019 | 7 Years 1 Months | Current |
| Kalpana Vasantrai Unadkat | Director | 28 Jul 2021 | 5 Years 3 Months | Current |
| Venu Srinivasan Also directs: Harita Consultancy and Management Services LLP, Harita Insurance Broking LLP, Harita Realty Developers LLP and 5 more | Director | 21 Jun 2010 | 16 Years 4 Months | Current |
| Kunnath Narayanan Radhakrishnan | Director | 17 Feb 2010 | 16 Years 8 Months | Current |
Showing 6 of 9 current directors. View all directors
Peer comparison
TVS Credit Services Limited is compared with the 5 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bajaj Housing Finance Limited | ₹7,617.71 Cr (FY 2024) | 34.0% | Pune, Maharashtra, India | |||
| TVS Credit Services Limitedthis company | ₹7,197.07 Cr (FY 2026) | ₹913.86 Cr | 12.7% | 9.0% | 22,652 | Chennai, Tamil Nadu, India |
| Kirloskar Industries Limited | ₹6,677.68 Cr (FY 2025) | 4.0% | Pune, Maharashtra, India | |||
| PNB Housing Finance Limited | ₹6,529.66 Cr (FY 2023) | 5.0% | New Delhi, Delhi, India | |||
| Shriram Capital Private Limited | ₹6,058.98 Cr (FY 2020) | 11.0% | Chennai, Tamil Nadu, India | |||
| Nirayu Private Limited | ₹5,722.13 Cr (FY 2022) | -2.0% | Vadodara, Gujarat, India |
To see the full peer comparison of TVS Credit Services Limited, buy the company report.
Auditor
TVS Credit Services Limited is audited by V SANKAR AIYAR & Co for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V SANKAR AIYAR & Co | FY 2019 | 109208W |
Shareholding
The shareholding of TVS Credit Services Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of TVS Credit Services Limited, buy the company report.
Charges & borrowings
Open charges
₹34,869 Cr
Satisfied charges
₹29,218 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2025 | 101205410 | Uco Bank | ₹500 Cr | Open | |
| 07 Nov 2025 | 101185356 | Axis Bank Limited | ₹250 Cr | Open | |
| 30 Sep 2025 | 101169998 | Others | ₹250 Cr | Open | |
| 29 Sep 2025 | 101169565 | Canara Bank | ₹500 Cr | Open | |
| 29 Sep 2025 | 101171236 | Idbi Bank Limited | ₹350 Cr | Open |
To see the full charge records of TVS Credit Services Limited, buy the company report.
Total charge records: 224 View all charges
Deals & funding
TVS Credit Services Limited has 23 deals on record (16 funding rounds, 6 secondary share transfers, 1 acquisition), with disclosed funding of ₹2,768.07 Cr; the latest was in July 2025.
Total deals
23
Funding rounds
16
Secondary share transfers
6
Acquisition
1
Disclosed funding
₹2,768.07 Cr
Deals on record (5 of 23)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2025 | Secondary share transfer | Undisclosed | Buyer: Others-TVS Credit Services Limited Seller: Phi Capital, TVS Motor Company Limited , HDFC Bank Limited |
| Jun 2024 | Funding round | ₹330 Cr | Investors: TVS Motor Company Limited , Premjiinvest, HDFC Bank Limited |
| Jun 2023 | Funding round | ₹200 Cr | Investors: TVS Motor Company Limited |
| Mar 2023 | Funding round | ₹200 Cr | Investors: TVS Motor Company Limited |
| Jan 2023 | Secondary share transfer | Undisclosed | Buyer: TVS Holdings Limited Seller: VS Investments Private Limited |
To see the full deal history of TVS Credit Services Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
TVS Credit Services Limited has 87,965 court cases on record: 87,455 filed by TVS Credit Services, 511 filed against it. 40,325 cases are pending and 47,640 are disposed.
Total cases
87,965
Filed by the company
87,455
Filed against the company
511
Pending
40,325
Disposed
47,640
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 87,183 | 349 | 40,249 |
| High courts | 777 | 157 | 76 |
| Supreme Court | 5 | 5 | 0 |
Cases on record (5 of 87,965)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (4704-Transfer Petitions : Criminal Transfer Petition under Section 406 Code of Criminal Procedure, 1973/Section 446 of the Bharatiya Nagarik Suraksha Sanhita, 2023) | Filed against the company by an individual | Disposed |
| Supreme Court | Court case (1508MISC-Criminal Law : Negotiable Instruments Act, 1881(SLPs arising out of quashing applications, orders framing charge,summoning orders, interim orders in criminal matters withdrawal of prosecution, orders for further investigation/re-investigation, etc.)) | Filed against the company by an individual | Disposed |
| District court, Tenkasi, Tamil Nadu | Court case (IP) | Filed against the company by Rajalakshmi | Pending |
| District court, Krishna, Andhra Pradesh | Civil suit | Filed against the company by an individual | Pending |
| District court, Gwalior, Madhya Pradesh | Court case (UN CR) | Filed against the company | Pending |
To see the full case history of TVS Credit Services 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
TVS Credit Services Limited was last rated by Care on 16 Dec 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 16 Dec 2025 |
To see the full credit ratings and regulatory alerts of TVS Credit Services Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for TVS Credit Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
TVS Credit Services has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
3
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Harita Two Wheeler Mall Private Limited | U65923TN2017PTC118211 | |
| Harita Arc Private Limited | U65999TN2017PTC118296 | |
| TVS Housing Finance Private Limited | U65999TN2017PTC118512 |
To see the full group structure of TVS Credit Services Limited, buy the company report.
Employees & EPFO
TVS Credit Services Limited has a workforce of 22,652 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
22,652
Active EPFO establishments
1
Employee growth
43%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 22,652 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of TVS Credit Services Limited, buy the company report.
GST
TVS Credit Services has 65 GST registrations: 62 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
65
Active
62
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCT0724A1Z4 | Tamil Nadu | Active | 01 Jul 2017 |
| 33AADCT0724A3Z2 | Tamil Nadu | Active | 29 Mar 2023 |
| 33AADCT0724A2Z3 | Tamil Nadu | Active | 12 Apr 2023 |
| 33AADCT0724A1CF | Tamil Nadu | Active | 05 Jul 2023 |
To see the full GST registrations and return filing status of TVS Credit Services Limited, buy the company report.
Recent activity
TVS Credit Services Limited has 37 board changes on record since 2008: 23 appointments and 14 cessations. The latest: Deepali Pant Joshi ceased to be Director on 06 Nov 2025.
Filing
Tvs Credit Services Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Chennai.
Charges
A charge with Uco Bank amounted to Rs. 500.00 Cr with Charge ID 101205410 was registered on 24 Dec 2025.
Charges
A charge registered on 27 Mar 2024 via Charge ID 100894981 with Others was fully satisfied on 21 Nov 2025.
Charges
A charge registered on 28 Sep 2022 via Charge ID 100619537 with Others was fully satisfied on 15 Nov 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 250.00 Cr with Charge ID 101185356 was registered on 07 Nov 2025.
Ceased
Deepali Pant Joshi ceased to be Director.
Charges
A charge registered on 28 Sep 2022 via Charge ID 100616680 with Indian Bank was fully satisfied on 22 Oct 2025.
Charges
A charge registered on 30 Aug 2022 via Charge ID 100606473 with Indian Bank was fully satisfied on 22 Oct 2025.
Charges
A charge registered on 28 Sep 2022 via Charge ID 100619465 with Idbi Bank Limited was fully satisfied on 10 Oct 2025.
Charges
A charge with Others amounted to Rs. 250.00 Cr with Charge ID 101169998 was registered on 30 Sep 2025.
Charges
A charge with Canara Bank amounted to Rs. 500.00 Cr with Charge ID 101169565 was registered on 29 Sep 2025.
Charges
A charge with Idbi Bank Limited amounted to Rs. 350.00 Cr with Charge ID 101171236 was registered on 29 Sep 2025.
425 earlier events are in the company report.
News
Frequently asked questions
TVS Credit Services is an active public limited company based in Chennai, Tamil Nadu, India. The company works in nbfc, within the financial services industry. It was incorporated on 05 November 2008 (18+ years old) and is registered under CIN U65920TN2008PLC069758.
TVS Credit Services has 9 current directors:
- Ashish Sapra - Whole-Time Director
- Sudarshan Venu - Director
- Rajarangamani Gopalan - Director
- Balasubramanyam Sriram - Director
- Kalpana Vasantrai Unadkat - Director
- Venu Srinivasan - Director
- Kunnath Narayanan Radhakrishnan - Director
- Sanjiv Chadha - Director
- Tharavanat Chandrasekharan Suseelkumar - Director
The latest financial statements of TVS Credit Services on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of TVS Credit Services is 33AADCT0724A1Z4, registered in Tamil Nadu. The company has 65 GST registrations in all, of which 62 are active and 3 are cancelled or inactive. Other active GSTINs include 33AADCT0724A3Z2 (Tamil Nadu), 33AADCT0724A2Z3 (Tamil Nadu), 33AADCT0724A1CF (Tamil Nadu).
The CIN (Corporate Identification Number) of TVS Credit Services is U65920TN2008PLC069758. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
TVS Credit Services has 87,965 court cases on record: 87,455 filed by the company and 511 filed against it. 40,325 are pending. Most are in the district courts.
TVS Credit Services was incorporated on 05 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
TVS Credit Services has 23 deals on record (16 funding rounds, 6 secondary share transfers, 1 acquisition), with disclosed funding of ₹2,768.07 Cr; the latest was in July 2025.
The peers of TVS Credit Services by revenue are Bajaj Housing Finance Limited, Kirloskar Industries Limited, PNB Housing Finance Limited, Shriram Capital Private Limited, Nirayu Private Limited, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Deepali Pant Joshi ceased to be Director on 06 Nov 2025. Ashish Sapra was appointed as Whole-Time Director on 22 Nov 2024. Sanjiv Chadha was appointed as Director on 22 Nov 2024. TVS Credit Services has 37 board changes on record in total.
TVS Credit Services can be reached through the website tvscredit.com. Its registered office is in Chennai, Tamil Nadu, India.
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