Fortune India 500 2025 edition
Rank#266- Total income
- ₹10,045 Cr
- Profit
- ₹-14 Cr
Last year #267
TVS Supply Chain Solutions Limited - transport and logistics in Madurai, Tamil Nadu, India. FY 2026 financials & compliance.
Active Listed - NSE: TVSSCS · BSE: 543965 Public Limited Company transport and logistics Fortune India 500 · #266
Market Cap
₹5,045 Cr
TVSSCS · NSE
Share Price
₹113.07
-1.10% today
Revenue
₹11,003 Cr
FY 2025-26 · +10.1% YoY
EBITDA
₹671 Cr
Margin 6.1%
Net Profit
₹188 Cr
FY 2025-26 · +1360.4% YoY
P/E (TTM)
75.2x
P/B 2.6x
ROE
8.4%
ROCE 9.2%
Debt / Equity
1.26
Interest cover 165.1x
About TVS Supply Chain Solutions Limited
Data last updated:
TVS Supply Chain Solutions Limited is a public limited company based in Madurai, Tamil Nadu, India. It operates in the 3pl (third party logistics) services segment of the transport and logistics sector. It was incorporated on 16 November 2004 and has been in existence for over 22 years.
TVS Supply Chain Solutions is ranked #266 on the Fortune India 500 (2025).
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L63011TN2004PLC054655. Its GSTIN is 33AACCT1412E1Z2 (Tamil Nadu). The company holds 40 GST registrations, of which 27 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 543965 and NSE: TVSSCS.
The company has an authorised share capital of ₹94 Cr and a paid-up capital of ₹44.13 Cr. It was formerly known as Tvs Logistics Services Limited. It is led by directors including Ravi Viswanathan (Managing Director) and Ashish Kaushik.
Its last annual general meeting (AGM) was held on 13 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 10 Jawahar Road Chokkikulam, Madurai, Tamil Nadu, India – 625002.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹11,003 Cr, a growth of 10.1% compared to the previous year. For the same year it recorded a net profit of ₹187.8 Cr (net margin 1.7%) and EBITDA of ₹670.62 Cr (EBITDA margin 6.1%). The net worth stands at ₹2,033.5 Cr (up 12.9% YoY). Total assets are valued at ₹4,931.68 Cr (up 22.4% YoY).
The company has about 12,219 employees on its provident fund (EPFO) records. Its group structure includes 8 subsidiaries and 1 joint venture.
The company is associated with 1 brand: TVS Supply Chain Solutions. As per MCA filings, the company has open charges of ₹250.18 Cr and satisfied charges of ₹4,198.4 Cr on record. Court records list 92 cases involving the company, including 45 filed by the company and 47 filed against it; 22 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tvsscs.com.
Company details
CIN L63011TN2004PLC054655
Registration Number 054655
Incorporation Date 16 November 2004
ROC Chennai
Listing Status Listed - Listed on NSE (TVSSCS); Listed on BSE (543965)
Company Status Active
Date of Last AGM 13 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
CIN history
TVS Supply Chain Solutions has one previous CIN (Corporate Identification Number): U63011TN2004PLC054655. The current CIN is L63011TN2004PLC054655, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L63011TN2004PLC054655 | Current |
| U63011TN2004PLC054655 | Previous |
Recognitions & Rankings of TVS Supply Chain Solutions
India's Most Valuable Companies 2023 edition · Source: Hurun India
Rank#400- Valuation
- ₹9,326 Cr
Contact details
TVS Supply Chain Solutions Limited's registered office is in Madurai, Tamil Nadu. Its website is tvsscs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address10 Jawahar Road Chokkikulam, Madurai, Tamil Nadu, India – 625002
- IndustryTransport and Logistics, 3PL (Third Party Logistics) Services
To see the full contact details of TVS Supply Chain Solutions Limited, buy the company report.
Comprehensive company report
TVS Supply Chain Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
TVS Supply Chain Solutions operates one associated brand: TVS Supply Chain Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| End-to-end supply chain services are delivered to multiple industries. | tvsscs.com |
Business activity
The main business activity of TVS Supply Chain Solutions is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of TVS Supply Chain Solutions Limited, buy the company report.
Financials of TVS Supply Chain Solutions Limited
FY 2025-26 filings availableTVS Supply Chain Solutions Limited reported revenue of ₹11,003 Cr (up 10.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹11,003 Cr
+10.1% YoY
EBITDA
₹671 Cr
-0.3% YoY
Profit After Tax
₹188 Cr
+1360.4% YoY
Net Worth
₹2,034 Cr
+12.9% YoY
Total Assets
₹4,932 Cr
+22.4% YoY
Total Debt
₹2,755 Cr
+32.0% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 11,003 | 9,996 | 9,200 | 9,994 | 9,250 | 6,934 | 6,605 |
| Revenue growth | +10.1% | +8.7% | -8.0% | +8.1% | +33.4% | +5.0% | - |
| EBITDA | 671 | 673 | 646 | 654 | 581 | 391 | 249 |
| EBITDA margin | +6.1% | +6.7% | +7.0% | +6.5% | +6.3% | +5.6% | +3.8% |
| Profit before tax | 168 | 29.36 | (68.84) | 40.06 | 12.63 | (119) | (242) |
| Net profit | 188 | (14.90) | (104) | 36.76 | (185) | (121) | (188) |
| Net profit margin | +1.7% | -0.2% | -1.1% | +0.4% | -2.0% | -1.8% | -2.8% |
| EPS (₹) | 2.59 | (0.31) | (2.30) | 1.09 | (1.35) | (23.41) | (60.56) |
| Balance sheet | |||||||
| Total assets | 4,932 | 4,028 | 4,114 | 4,218 | 3,853 | 3,330 | 4,002 |
| Net worth | 2,034 | 1,802 | 1,815 | 724 | 714 | 491 | 511 |
| Total debt | 2,755 | 2,088 | 2,199 | 3,324 | 2,954 | 2,734 | 3,355 |
| Cash & bank | 724 | 612 | 597 | 1,172 | 1,005 | 566 | 1,147 |
| Net working capital | 1,551 | 1,468 | 1,462 | 1,555 | 1,467 | 1,059 | 1,793 |
| Cash flow | |||||||
| Cash from operations | 746 | 672 | 128 | 734 | 601 | 712 | 190 |
| Cash from investing | (229) | (142) | (112) | (222) | (383) | 102 | (337) |
| Cash from financing | (449) | (495) | (592) | (419) | 237 | (1,167) | 557 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,335 | 3,032 | 2,716 | 2,663 | 2,592 | 2,499 | 2,445 | 2,513 |
| Revenue growth (YoY) | +28.7% | +21.4% | +11.1% | +6.0% | +2.1% | - | - | - |
| Other income | 14.03 | 13.28 | 8.27 | 12.30 | 186 | 14.36 | 8.73 | 7.78 |
| EBITDA | 225 | 213 | 196 | 182 | 85.88 | 169 | 151 | 190 |
| EBITDA margin | +6.7% | +7.0% | +7.2% | +6.8% | +3.3% | +6.8% | +6.2% | +7.6% |
| Depreciation | 161 | 156 | 147 | 137 | 130 | 133 | 136 | 140 |
| Interest | 45.23 | 44.92 | 41.66 | 33.40 | 37.91 | 37.08 | 39.48 | 40.66 |
| Profit before tax | 32.13 | 25.71 | 16.00 | 23.32 | 103 | 12.96 | (15.19) | 17.83 |
| Tax | 9.65 | 7.35 | 4.81 | 7.01 | 32.31 | 16.88 | 8.61 | 7.22 |
| Net profit | 22.48 | 18.36 | 11.19 | 16.31 | 71.16 | (3.92) | (23.80) | 10.61 |
| EPS (₹) | 0.47 | 0.40 | 0.24 | 0.35 | 1.59 | (0.11) | (0.56) | 0.21 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,991 | 1,885 | 1,938 | 1,819 | 1,472 | 1,242 | 1,494 |
| Revenue growth | +5.6% | -2.7% | +6.6% | +23.6% | +18.5% | -16.9% | - |
| EBITDA | 63.05 | 162 | 150 | 84.48 | 67.45 | (15.80) | 49.12 |
| EBITDA margin | +3.2% | +8.6% | +7.7% | +4.7% | +4.6% | -1.3% | +3.3% |
| Profit before tax | 19.02 | 91.78 | 131 | (10.83) | (30.92) | (89.45) | (21.73) |
| Net profit | 24.45 | 69.81 | 81.48 | (36.60) | (9.94) | (80.56) | (15.98) |
| Net profit margin | +1.2% | +3.7% | +4.2% | -2.0% | -0.7% | -6.5% | -1.1% |
| EPS (₹) | 0.45 | 1.58 | 2.39 | (0.80) | (0.58) | (25.62) | (4.99) |
| Balance sheet | |||||||
| Total assets | 2,996 | 3,074 | 3,115 | 2,401 | 1,935 | 1,295 | 1,791 |
| Net worth | 2,658 | 2,638 | 2,560 | 1,200 | 1,209 | 764 | 826 |
| Total debt | 304 | 415 | 532 | 1,169 | 694 | 303 | 961 |
| Cash & bank | 156 | 175 | 136 | 323 | 292 | 108 | 82.63 |
| Net working capital | 198 | 390 | 523 | 924 | 619 | 197 | 750 |
| Cash flow | |||||||
| Cash from operations | 231 | 524 | (61.75) | 309 | 145 | 178 | (7.28) |
| Cash from investing | (86.50) | (238) | (629) | (435) | (377) | 368 | (541) |
| Cash from financing | (213) | (215) | 478 | 125 | 416 | (520) | 550 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 587 | 570 | 488 | 465 | 468 | 481 | 477 | 458 |
| Revenue growth (YoY) | +25.4% | +18.5% | +2.3% | +1.6% | -0.2% | - | - | - |
| Other income | 37.20 | 36.67 | 34.46 | 32.54 | 30.54 | 35.39 | 33.84 | 44.15 |
| Total expenses | 573 | 550 | 466 | 453 | 445 | 439 | 444 | 409 |
| EBITDA | 13.93 | 19.21 | 22.36 | 12.17 | 23.27 | 41.58 | 33.19 | 48.70 |
| EBITDA margin | +2.4% | +3.4% | +4.6% | +2.6% | +5.0% | +8.6% | +7.0% | +10.6% |
| Depreciation | 32.99 | 35.50 | 39.39 | 38.97 | 39.70 | 41.61 | 42.30 | 42.89 |
| Interest | 7.55 | 9.48 | 9.55 | 10.37 | 9.25 | 9.42 | 10.54 | 10.35 |
| Profit before tax | 10.59 | 10.90 | 7.88 | (4.63) | 4.86 | 25.94 | 14.19 | 39.61 |
| Tax | 2.63 | 1.01 | (1.95) | (1.50) | 1.56 | 5.30 | 3.29 | 10.19 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,335 | 3,032 | 2,716 | 2,663 | 2,592 | 2,499 | 2,445 | 2,513 |
| Revenue growth (YoY) | +28.7% | +21.4% | +11.1% | +6.0% | +2.1% | - | - | - |
| Other income | 14.03 | 13.28 | 8.27 | 12.30 | 186 | 14.36 | 8.73 | 7.78 |
| EBITDA | 225 | 213 | 196 | 182 | 85.88 | 169 | 151 | 190 |
| EBITDA margin | +6.7% | +7.0% | +7.2% | +6.8% | +3.3% | +6.8% | +6.2% | +7.6% |
| Depreciation | 161 | 156 | 147 | 137 | 130 | 133 | 136 | 140 |
| Interest | 45.23 | 44.92 | 41.66 | 33.40 | 37.91 | 37.08 | 39.48 | 40.66 |
| Profit before tax | 32.13 | 25.71 | 16.00 | 23.32 | 103 | 12.96 | (15.19) | 17.83 |
| Tax | 9.65 | 7.35 | 4.81 | 7.01 | 32.31 | 16.88 | 8.61 | 7.22 |
| Net profit | 22.48 | 18.36 | 11.19 | 16.31 | 71.16 | (3.92) | (23.80) | 10.61 |
| EPS (₹) | 0.47 | 0.40 | 0.24 | 0.35 | 1.59 | (0.11) | (0.56) | 0.21 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 11,003 | 9,996 | 9,200 | 9,994 | 9,250 | 6,934 | 6,605 |
| Revenue growth | +10.1% | +8.7% | -8.0% | +8.1% | +33.4% | +5.0% | - |
| Other income | 234 | 63.54 | 52.21 | 80.41 | 52.08 | 116 | 190 |
| Total expenses | 10,332 | 9,323 | 8,554 | 9,341 | 8,668 | 6,543 | 6,356 |
| Employee cost | 2,502 | 2,353 | 2,243 | 2,011 | 1,889 | 1,805 | 1,810 |
| EBITDA | 671 | 673 | 646 | 654 | 581 | 391 | 249 |
| EBITDA margin | +6.1% | +6.7% | +7.0% | +6.5% | +6.3% | +5.6% | +3.8% |
| Depreciation | 570 | 544 | 557 | 502 | 461 | 443 | 444 |
| Interest | 165 | 164 | 210 | 193 | 160 | 182 | 237 |
| Profit before tax | 168 | 29.36 | (68.84) | 40.06 | 12.63 | (119) | (242) |
| Tax | 51.48 | 39.00 | 21.65 | (1.70) | 58.43 | (42.53) | 6.23 |
| Net profit | 188 | (14.90) | (104) | 36.76 | (185) | (121) | (188) |
| Net profit margin | +1.7% | -0.2% | -1.1% | +0.4% | -2.0% | -1.8% | -2.8% |
| EPS (₹) | 2.59 | (0.31) | (2.30) | 1.09 | (1.35) | (23.41) | (60.56) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 44.15 | 44.15 | 44.05 | 36.43 | 36.30 | 31.76 | 31.76 |
| Reserves & surplus | 1,989 | 1,758 | 1,771 | 687 | 678 | 459 | 479 |
| Shareholders' funds (net worth) | 2,034 | 1,802 | 1,815 | 724 | 714 | 491 | 511 |
| Minority interest | 28.81 | 33.77 | 29.70 | 36.46 | 39.92 | 39.97 | 79.83 |
| Secured loans | 1,101 | 819 | 717 | 1,359 | 1,419 | 1,287 | 1,588 |
| Unsecured loans | 1,654 | 1,269 | 1,482 | 1,965 | 1,535 | 1,447 | 1,768 |
| Total debt | 2,755 | 2,088 | 2,199 | 3,324 | 2,954 | 2,734 | 3,355 |
| Total liabilities | 4,932 | 4,028 | 4,114 | 4,218 | 3,853 | 3,330 | 4,002 |
| Assets | |||||||
| Gross block | 4,120 | 3,181 | 3,204 | 3,071 | 2,809 | 2,589 | 2,486 |
| Net block | 2,859 | 2,165 | 2,350 | 2,296 | 2,141 | 1,987 | 2,021 |
| Capital work in progress | 15.43 | 82.23 | 11.90 | 35.44 | 11.67 | 15.74 | 8.21 |
| Investments | 280 | 98.44 | 93.29 | 105 | 100 | 112 | 50.39 |
| Inventories | 533 | 381 | 387 | 345 | 292 | 228 | 170 |
| Sundry debtors | 1,644 | 1,440 | 1,403 | 1,228 | 1,307 | 1,160 | 1,322 |
| Cash & bank balances | 724 | 612 | 597 | 1,172 | 1,005 | 566 | 1,147 |
| Loans & advances | 858 | 732 | 732 | 709 | 642 | 643 | 524 |
| Total current assets | 3,759 | 3,166 | 3,119 | 3,454 | 3,246 | 2,598 | 3,163 |
| Total current liabilities | 2,208 | 1,697 | 1,657 | 1,900 | 1,779 | 1,539 | 1,369 |
| Net working capital | 1,551 | 1,468 | 1,462 | 1,555 | 1,467 | 1,059 | 1,793 |
| Total assets | 4,932 | 4,028 | 4,114 | 4,218 | 3,853 | 3,330 | 4,002 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 545 | 509 | 1,086 | 994 | 538 | 890 | 479 |
| Net cash from operating activities | 746 | 672 | 128 | 734 | 601 | 712 | 190 |
| Net cash from investing activities | (229) | (142) | (112) | (222) | (383) | 102 | (337) |
| Net cash from financing activities | (449) | (495) | (592) | (419) | 237 | (1,167) | 557 |
| Net change in cash | 67.98 | 35.49 | (576) | 91.96 | 455 | (353) | 410 |
| Closing cash | 724 | 612 | 597 | 1,172 | 1,005 | 566 | 1,147 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +10.1% | +8.7% | -8.0% | +8.1% | +33.4% | +5.0% | - |
| EBITDA growth | -0.3% | +4.2% | -1.2% | +12.5% | +48.7% | +57.1% | - |
| PBT growth | +473.9% | +9998.0% | - | +217.2% | +9998.0% | +50.8% | - |
| Net income growth | +1360.4% | +85.7% | -384.2% | +119.9% | -52.6% | +35.4% | - |
| Revenue CAGR (3Y) | +3.3% | +2.6% | +9.9% | +14.8% | +10.9% | - | - |
| EBITDA CAGR (3Y) | +0.9% | +5.0% | +18.2% | +38.0% | +4.5% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +1.1% | -0.1% | -1.0% | +0.4% | -0.5% | -1.1% | -3.8% |
| Return on capital employed | +9.2% | 0.0% | 0.0% | +5.8% | 0.0% | 0.0% | 0.0% |
| Return on net worth | +8.5% | 0.0% | 0.0% | +3.8% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 1.26 | 1.19 | 2.18 | 4.37 | 4.72 | 6.08 | 5.18 |
| Long-term debt / equity | 0.56 | 0.51 | 0.95 | 2.09 | 2.83 | 3.70 | 3.07 |
| Interest cover | 165.12 | 126.42 | 235.97 | 126.51 | 132.79 | -349.55 | -121.10 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.01 | 3.13 | 2.93 | 3.40 | 3.43 | 2.73 | 2.72 |
| Inventory turnover | 24.07 | 26.05 | 25.15 | 31.39 | 35.62 | 34.89 | 39.32 |
| Debtors turnover | 7.13 | 7.03 | 6.99 | 7.88 | 7.50 | 5.59 | 5.18 |
| EPS (₹) | 2.59 | (0.31) | (2.30) | 1.09 | (1.35) | (23.41) | (60.56) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 46.06 | 40.81 | 41.20 | 19.86 | 19.67 | 154.49 | 160.82 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 587 | 570 | 488 | 465 | 468 | 481 | 477 | 458 |
| Revenue growth (YoY) | +25.4% | +18.5% | +2.3% | +1.6% | -0.2% | - | - | - |
| Other income | 37.20 | 36.67 | 34.46 | 32.54 | 30.54 | 35.39 | 33.84 | 44.15 |
| Total expenses | 573 | 550 | 466 | 453 | 445 | 439 | 444 | 409 |
| EBITDA | 13.93 | 19.21 | 22.36 | 12.17 | 23.27 | 41.58 | 33.19 | 48.70 |
| EBITDA margin | +2.4% | +3.4% | +4.6% | +2.6% | +5.0% | +8.6% | +7.0% | +10.6% |
| Depreciation | 32.99 | 35.50 | 39.39 | 38.97 | 39.70 | 41.61 | 42.30 | 42.89 |
| Interest | 7.55 | 9.48 | 9.55 | 10.37 | 9.25 | 9.42 | 10.54 | 10.35 |
| Profit before tax | 10.59 | 10.90 | 7.88 | (4.63) | 4.86 | 25.94 | 14.19 | 39.61 |
| Tax | 2.63 | 1.01 | (1.95) | (1.50) | 1.56 | 5.30 | 3.29 | 10.19 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,991 | 1,885 | 1,938 | 1,819 | 1,472 | 1,242 | 1,494 |
| Revenue growth | +5.6% | -2.7% | +6.6% | +23.6% | +18.5% | -16.9% | - |
| Other income | 148 | 142 | 251 | 160 | 89.22 | 103 | 125 |
| Total expenses | 1,928 | 1,723 | 1,789 | 1,734 | 1,404 | 1,258 | 1,445 |
| Employee cost | 551 | 468 | 488 | 498 | 443 | 398 | 400 |
| EBITDA | 63.05 | 162 | 150 | 84.48 | 67.45 | (15.80) | 49.12 |
| EBITDA margin | +3.2% | +8.6% | +7.7% | +4.7% | +4.6% | -1.3% | +3.3% |
| Depreciation | 154 | 170 | 207 | 186 | 136 | 115 | 119 |
| Interest | 38.65 | 41.62 | 61.92 | 68.83 | 51.14 | 60.70 | 76.88 |
| Profit before tax | 19.02 | 91.78 | 131 | (10.83) | (30.92) | (89.45) | (21.73) |
| Tax | (0.88) | 22.13 | 25.81 | 18.43 | (9.69) | (8.07) | (5.89) |
| Net profit | 24.45 | 69.81 | 81.48 | (36.60) | (9.94) | (80.56) | (15.98) |
| Net profit margin | +1.2% | +3.7% | +4.2% | -2.0% | -0.7% | -6.5% | -1.1% |
| EPS (₹) | 0.45 | 1.58 | 2.39 | (0.80) | (0.58) | (25.62) | (4.99) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 44.15 | 44.15 | 44.05 | 36.43 | 36.30 | 31.76 | 31.76 |
| Reserves & surplus | 2,614 | 2,594 | 2,516 | 1,164 | 1,173 | 691 | 794 |
| Shareholders' funds (net worth) | 2,658 | 2,638 | 2,560 | 1,200 | 1,209 | 764 | 826 |
| Secured loans | 4.59 | 4.76 | 65.01 | 138 | 38.99 | 3.21 | 112 |
| Unsecured loans | 300 | 410 | 467 | 1,031 | 655 | 300 | 849 |
| Total debt | 304 | 415 | 532 | 1,169 | 694 | 303 | 961 |
| Total liabilities | 2,996 | 3,074 | 3,115 | 2,401 | 1,935 | 1,295 | 1,791 |
| Assets | |||||||
| Gross block | 619 | 639 | 642 | 778 | 613 | 988 | 544 |
| Net block | 369 | 428 | 475 | 594 | 464 | 440 | 444 |
| Capital work in progress | 4.61 | 1.55 | 2.79 | 8.43 | 2.94 | 4.07 | 1.92 |
| Investments | 2,272 | 2,121 | 1,906 | 646 | 638 | 437 | 425 |
| Inventories | 43.76 | 1.47 | 2.64 | 3.07 | 2.63 | 1.76 | 1.31 |
| Sundry debtors | 370 | 285 | 345 | 261 | 245 | 288 | 396 |
| Cash & bank balances | 156 | 175 | 136 | 323 | 292 | 108 | 82.63 |
| Loans & advances | 353 | 441 | 545 | 1,056 | 615 | 411 | 708 |
| Total current assets | 922 | 903 | 1,029 | 1,643 | 1,156 | 809 | 1,187 |
| Total current liabilities | 724 | 513 | 506 | 719 | 537 | 612 | 438 |
| Net working capital | 198 | 390 | 523 | 924 | 619 | 197 | 750 |
| Total assets | 2,996 | 3,074 | 3,115 | 2,401 | 1,935 | 1,295 | 1,791 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 147 | 75.60 | 288 | 290 | 105 | 80.13 | 78.47 |
| Net cash from operating activities | 231 | 524 | (61.75) | 309 | 145 | 178 | (7.28) |
| Net cash from investing activities | (86.50) | (238) | (629) | (435) | (377) | 368 | (541) |
| Net cash from financing activities | (213) | (215) | 478 | 125 | 416 | (520) | 550 |
| Net change in cash | (68.39) | 71.74 | (212) | (1.61) | 184 | 25.19 | 1.66 |
| Closing cash | 156 | 175 | 136 | 323 | 292 | 108 | 82.63 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +5.6% | -2.7% | +6.6% | +23.6% | +18.5% | -16.9% | - |
| EBITDA growth | -61.1% | +8.5% | +77.0% | +25.3% | +526.9% | -132.2% | - |
| PBT growth | -79.3% | -30.1% | +9998.0% | +65.0% | +65.4% | -311.6% | -1695.9% |
| Net income growth | -65.0% | -14.3% | +322.6% | -268.2% | +87.7% | -404.1% | - |
| Revenue CAGR (3Y) | +3.1% | +8.6% | +16.0% | +6.8% | +1.1% | +0.4% | - |
| EBITDA CAGR (3Y) | -9.3% | +34.0% | - | +19.8% | -1.0% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +1.0% | +3.7% | +5.4% | -1.6% | -1.4% | -6.6% | -1.1% |
| Return on capital employed | +2.4% | +4.2% | +5.8% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | +0.9% | +2.6% | +4.2% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.14 | 0.18 | 0.45 | 0.77 | 0.51 | 0.80 | 0.76 |
| Long-term debt / equity | 0.05 | 0.06 | 0.12 | 0.20 | 0.10 | 0.13 | 0.16 |
| Interest cover | -42.70 | -506.33 | -107.86 | -67.56 | -74.12 | -46.24 | -109.61 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.16 | 2.94 | 2.73 | 2.62 | 1.84 | 1.62 | 2.76 |
| Inventory turnover | 88.04 | 917.36 | 678.90 | 638.09 | 670.52 | 809.09 | 1,144.83 |
| Debtors turnover | 6.08 | 5.98 | 6.40 | 7.19 | 5.52 | 3.63 | 4.44 |
| EPS (₹) | 0.45 | 1.58 | 2.39 | (0.80) | (0.58) | (25.62) | (4.99) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 60.20 | 59.75 | 58.13 | 32.95 | 33.32 | 227.64 | 259.92 |
To see the full year-wise statements and ratios of TVS Supply Chain Solutions Limited, buy the company report.
Board of directors and KMP of TVS Supply Chain Solutions Limited
TVS Supply Chain Solutions Limited currently reports 10 directors and 1 key managerial person. 21 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Kaushik | Director | 08 Oct 2021 | 5 Years 0 Months | Current |
| Ramachandhran Dinesh Also directs: Rajam Mobility Solution LLP, TVS Automobile Solutions Private Limited, Tasl Automobile Solutions Private Limited and 5 more | Director | 16 Nov 2004 | 21 Years 11 Months | Current |
| Ravi Viswanathan | Managing Director | 29 Feb 2020 | 6 Years 7 Months | Current |
| Gauri Kumar | Director | 07 Feb 2022 | 4 Years 8 Months | Current |
| Balasubramanyam Sriram Also directs: TVS Motor Company Limited, Icici Bank Limited, Nippon Life India Asset Management Limited and 2 more | Director | 07 Feb 2022 | 4 Years 8 Months | Current |
| Anand Kumar | Director | 07 Feb 2020 | 6 Years 8 Months | Current |
Showing 6 of 11 current directors and KMP. View all directors and KMP
Auditor
TVS Supply Chain Solutions Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2024 | 101049W /E300004 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 43.00%, foreign institutional investors hold 2.40%, domestic institutional investors hold 2.20% and retail and other public shareholders hold 52.40%.
Sep 2026
QUARTER
43.00% Promoters
2.20% DII (Domestic Institutional)
2.40% FII (Foreign Institutional)
52.40% Retail & Others
Promoter holding - history
Now 43.00% · Sep 2026High 43.00% · Dec 2025Low 43.00% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 43.00% | 43.00% | 43.00% | 43.00% |
| Public | 57.00% | 57.00% | 57.00% | 57.00% |
Charges & borrowings
Open charges
₹250.18 Cr
Satisfied charges
₹4,198.4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jun 2026 | 101312012 | Axis Bank Limited | ₹20 Cr | Open | |
| 24 Mar 2026 | 101308392 | Hdfc Bank Limited | ₹21.61 Lakh | Open | |
| 14 Nov 2025 | 101196756 | Hdfc Bank Limited | ₹43.63 Lakh | Open | |
| 16 Oct 2025 | 101197205 | Hdfc Bank Limited | ₹23.42 Lakh | Open | |
| 13 Aug 2025 | 101160279 | Hdfc Bank Limited | ₹12.97 Lakh | Open |
To see the full charge records of TVS Supply Chain Solutions Limited, buy the company report.
Total charge records: 118 View all charges
Legal cases
TVS Supply Chain Solutions Limited has 92 court cases on record: 45 filed by TVS Supply Chain Solutions, 47 filed against it. 22 cases are pending and 70 are disposed.
Total cases
92
Filed by the company
45
Filed against the company
47
Pending
22
Disposed
70
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 52 | 34 | 14 |
| High courts | 38 | 12 | 8 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 92)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil suit | Filed against the company by M/S Speed Wings Logistics Solutions Pvt Ltd Through Its Director | Pending |
| District court, Tiruchirappalli, Tamil Nadu | Arbitration matter | Filed by the company against Bharat Heavy Electricals Ltd. Rep. by Its Senior Deputy General Manager, Works Contract Management and 1 other | Pending |
| High Court | Court case (CARAP) | Filed by the company against Future Consumer Limited | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against M/S. Reliance General Insurance Co. Ltd., and 4 others | Disposed |
| NCLT, Bengaluru | Insolvency matter | Filed by the company against Arn Iot Solutions Private Limited | Disposed |
To see the full case history of TVS Supply Chain Solutions 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 Supply Chain Solutions Limited was last rated by Indiarating on 24 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 24 Jun 2021 |
To see the full credit ratings and regulatory alerts of TVS Supply Chain Solutions Limited, buy the company report.
MSME payment delays
TVS Supply Chain Solutions Limited has 91 MSME Form 1 returns on record between 2011 and 2024, listing 4,819 overdue payments to 1,183 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 1,183)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Sakthivel PM Services LLP | |||
| an individual supplier |
To see the full MSME payment records of TVS Supply Chain Solutions Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
TVS Supply Chain Solutions has 8 subsidiary companies and 1 joint venture. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
8
Subsidiary companies
1
Joint ventures
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| TVS SCS Global Freight Solutions Limited | U63010TN2007PLC064282 | |
| Pan Asia Freight Forwarding & Logistics India Private Limited | U63040MH2011FTC213986 | |
| Fit 3Pl Warehousing Private Limited | U63090TN1997PTC037441 | |
| White Data Systems India Private Limited | U72200TN2015PTC129978 | |
| SPC International (India) Private Limited | U72501KA2008PTC048570 | |
| Flexol Packaging (India) Limited | U74990TN2010PLC076131 |
To see the full group structure of TVS Supply Chain Solutions Limited, buy the company report.
Employees & EPFO
TVS Supply Chain Solutions Limited has a workforce of 12,219 employees on its EPFO records as of May 21, 2025, across 2 active EPFO establishments.
Employee count
12,219
Active EPFO establishments
2
Employee growth
-6.12%
GST
TVS Supply Chain Solutions has 40 GST registrations: 27 active and 13 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
40
Active
27
Cancelled / inactive
13
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCT1412E1Z2 | Tamil Nadu | Active | 01 Jul 2017 |
| 33AACCT1412E2Z1 | Tamil Nadu | Active | 03 Jul 2017 |
| 03AACCT1412E1Z5 | Punjab | Active | 28 Jun 2017 |
| 04AACCT1412E1Z3 | Chandigarh | Active | 28 Jun 2017 |
To see the full GST registrations and return filing status of TVS Supply Chain Solutions Limited, buy the company report.
Recent activity
TVS Supply Chain Solutions Limited has 51 board changes on record since 2004: 31 appointments and 20 cessations. The latest: Vaidhyanathan Ramani was appointed as CFO on 22 Apr 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 20.00 Cr with Charge ID 101312012 was registered on 01 Jun 2026.
Filing
Tvs Supply Chain Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Chennai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 101308392 was registered on 24 Mar 2026.
Charges
A charge registered on 07 May 2022 via Charge ID 100574876 with Hdfc Bank Limited was fully satisfied on 04 Feb 2026.
Charges
A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 29 Jan 2014 with Charge ID 10479516 was modified on 23 Jan 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.44 Cr with Charge ID 101196756 was registered on 14 Nov 2025.
Charges
A charge with State Bank Of India of Rs. 135.00 Cr registered on 26 Mar 2005 with Charge ID 80015153 was modified on 23 Oct 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 101197205 was registered on 16 Oct 2025.
AGM
Tvs Supply Chain Solutions Limited last Annual general meeting of members was held on 13 Aug 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 101160279 was registered on 13 Aug 2025.
Charges
A charge registered on 23 Apr 2021 via Charge ID 100444266 with Hdfc Bank Limited was fully satisfied on 06 Aug 2025.
Charges
A charge registered on 15 Dec 2021 via Charge ID 100521334 with Others was fully satisfied on 31 Jul 2025.
234 earlier events are in the company report.
News
TVS Supply Chain Solutions: Gets NCLT Bengaluru Approval For Merging SPC International With Its Operations, Finalizing Tribunal Approvals For Merger Of Five Subsidiaries.
Frequently asked questions
TVS Supply Chain Solutions is an active public limited company based in Madurai, Tamil Nadu, India. The company works in 3pl (third party logistics) services, within the transport and logistics industry. It was incorporated on 16 November 2004 (22+ years old) and is registered under CIN L63011TN2004PLC054655. Listed on BSE: 543965 and NSE: TVSSCS.
TVS Supply Chain Solutions reported revenue of ₹11,003 Cr for FY 2025-26 (up 10.1% YoY) based on consolidated financials.
TVS Supply Chain Solutions has 11 current directors and KMP:
- Ravi Viswanathan - Managing Director
- Ashish Kaushik - Director
- Ramachandhran Dinesh - Director
- Gauri Kumar - Director
- Balasubramanyam Sriram - Director
- Anand Kumar - Director
- Tarun Khanna - Director
- Shobhana Ramachandhran - Director
- Narayan Keelveedhi Seshadri - Director
- Krishnaswami Ananth Krishnan - Director
- Vaidhyanathan Ramani - Cfo
The latest financial statements of TVS Supply Chain Solutions on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 13 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of TVS Supply Chain Solutions is 33AACCT1412E1Z2, registered in Tamil Nadu. The company has 40 GST registrations in all, of which 27 are active and 13 are cancelled or inactive. Other active GSTINs include 33AACCT1412E2Z1 (Tamil Nadu), 03AACCT1412E1Z5 (Punjab), 04AACCT1412E1Z3 (Chandigarh).
The CIN (Corporate Identification Number) of TVS Supply Chain Solutions is L63011TN2004PLC054655. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. TVS Supply Chain Solutions is a listed company as per MCA records. Its shares are listed on both BSE (code: 543965) and NSE (symbol: TVSSCS).
TVS Supply Chain Solutions has 92 court cases on record: 45 filed by the company and 47 filed against it. 22 are pending. Most are in the district courts.
TVS Supply Chain Solutions was incorporated on 16 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chennai.
Vaidhyanathan Ramani was appointed as CFO on 22 Apr 2025. Raviprakash Venkata Subbaraya Bhagavathula ceased to be CFO on 31 Mar 2025. Krishnaswami Ananth Krishnan was appointed as Director on 29 Aug 2023. TVS Supply Chain Solutions has 51 board changes on record in total.
TVS Supply Chain Solutions has 91 MSME Form 1 returns on record between 2011 and 2024, listing 4,819 overdue payments to 1,183 micro and small suppliers. The latest return was filed on 15 May 2024.