TVS Motor Company Limited

BSE: 532343 NSE: TVSMOTOR
TVS Motor Company Limited - automotive in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN L35921TN1992PLC022845 Incorporated 10 June 1992 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Listed - NSE: TVSMOTOR · BSE: 532343 Public Limited Company automotive Fortune India 500 · #65 India's Most Valuable · #36 Nifty 500
Data last updated
Market Cap
₹2,11,414 Cr
TVSMOTOR · NSE
Share Price
₹4,491.70
+0.94% today
Revenue
₹56,070 Cr
FY 2025-26 · +27.2% YoY
EBITDA
₹8,302 Cr
Margin 14.8%
Net Profit
₹3,038 Cr
FY 2025-26 · +43.9% YoY
P/E (TTM)
53.3x
P/B 18.1x
ROE
35.3%
ROCE 17.6%
Debt / Equity
3.40
Interest cover 31.7x

About TVS Motor Company Limited

Data last updated:

TVS Motor Company Limited is a public limited company based in Chennai, Tamil Nadu, India, a subsidiary of Tvs Holdings Limited. It operates in the motorcycles and scooters segment of the automotive sector. It was incorporated on 10 June 1992 and has been in existence for over 34 years.

TVS Motor Company is ranked #65 on the Fortune India 500 (2025) and #36 among India's most valuable companies (2025). It is part of the Nifty 500 and BSE 500 indices. Its director Venu Srinivasan is #30 among India's richest people (2026). Its director Vijay Sankar is #590 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L35921TN1992PLC022845. Its GSTIN is 02AAACS7032B1Z4 (Himachal Pradesh). The company holds 36 GST registrations, of which 32 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532343 and NSE: TVSMOTOR.

The company has an authorised share capital of ₹2,100 Cr and a paid-up capital of ₹1,947.86 Cr. It was formerly known as Sundaram Auto Engineers (India) Private Limited and Tvs Suzuki Limited. It is led by directors including Venu Srinivasan (Managing Director) and Sudarshan Venu (Managing Director).

Its last annual general meeting (AGM) was held on 22 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Chennai, Tamil Nadu.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹56,070 Cr, a growth of 27.2% compared to the previous year. For the same year it recorded a net profit of ₹3,038.47 Cr (net margin 5.4%) and EBITDA of ₹8,302.19 Cr (EBITDA margin 14.8%). The net worth stands at ₹9,564.25 Cr (up 12.5% YoY). Total assets are valued at ₹43,883 Cr (up 14.3% YoY).

The company has about 6,604 employees on its provident fund (EPFO) records. Its group structure includes 8 subsidiaries.

The company is associated with 2 brands: TVS Motor Company and TVS Credit. As per MCA filings, the company has open charges of ₹1,529.96 Cr and satisfied charges of ₹2,455.43 Cr on record. Court records list 605 cases involving the company, including 314 filed by the company and 291 filed against it; 104 cases are pending. The company has 47 deals on record (33 market trades, 12 secondary share transfers, 2 funding rounds), with disclosed funding of ₹878.7 Cr; the latest was in July 2025. Its 3 peer companies in the Automobiles industry (Two and Three Wheelers), with the same principal business activity (manufacture of motor vehicles, trailers and semi-trailers) are compared by revenue, 1 larger and 2 smaller; the largest is Bajaj Auto Limited. with revenue of ₹52,469 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 tvsmotor.com.

Company details

CIN L35921TN1992PLC022845
Registration Number 022845
Incorporation Date 10 June 1992
ROC Chennai
Listing Status Listed - Listed on NSE (TVSMOTOR); Listed on BSE (532343)
Company Status Active
Date of Last AGM 22 July 2026
Date of Balance Sheet 31 March 2026
Parent Company Tvs Holdings Limited
Compliance Status Active Compliant

Name history

TVS Motor Company has undergone 3 name changes throughout its history. The company was previously known as Sundaram Auto Engineers (India) Private Limited, Tvs Suzuki Limited, and Sundaram Auto Engineers (India) Limited. The current legal name is Tvs Motor Company Limited.

Company NameStatus
TVS Motor Company LimitedCurrent
Sundaram Auto Engineers (India) Private LimitedPrevious
Tvs Suzuki LimitedPrevious
Sundaram Auto Engineers (India) LimitedPrevious

CIN history

TVS Motor Company has one previous CIN (Corporate Identification Number): U35921TN1992PLC022845. The current CIN is L35921TN1992PLC022845, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L35921TN1992PLC022845Current
U35921TN1992PLC022845Previous
Key People
Venu Srinivasan Managing Director Sudarshan Venu Managing Director Kunnath Narayanan Radhakrishnan Whole-Time Director

Recognitions & Rankings of TVS Motor Company

Fortune India 500 2025 edition
Rank#65
Total income
₹44,268 Cr
Profit
₹2,236 Cr
Last year #67
India's Most Valuable Companies 2025 edition · Source: Hurun India
Rank#36
Valuation
₹1,65,950 Cr
2024 #48 2023 #53 2022 #75
Stock market indices
Nifty 500 BSE 500

Contact details

TVS Motor Company Limited's registered office is in Chennai, Tamil Nadu. Its website is tvsmotor.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    tvsmotor.com
  • Social Media
  • Apps
  • Registered Address
    Chaitanya No.12 Khadernawazkhanroad Nungambak, Kam, Chennai, Tamil Nadu, India – 600006
  • Industry
    Automotive, Motorcycles & Scooters

To see the full contact details of TVS Motor Company Limited, buy the company report.

Comprehensive company report
TVS Motor Company 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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Secure checkout · GST invoice included

Brands

TVS Motor Company operates two associated brands: TVS Motor Company and TVS Credit. Each brand links to its own profile.

BrandDescriptionWebsite
TVS Motor Company
Two-wheeler and three-wheeler vehicles are manufactured, including bikes and scooters.tvsmotor.com
TVS Credit
Consumer personal and auto loans are provided for various products.tvscredit.com

Business activity

The main business activity of TVS Motor Company is manufacturing. In detail, this covers manufacture of motor vehicles, trailers and semi-trailers.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing29Manufacture of motor vehicles, trailers and semi-trailers

To see the full business activity and turnover split of TVS Motor Company Limited, buy the company report.

Financials of TVS Motor Company Limited

FY 2025-26 filings available

TVS Motor Company Limited reported revenue of ₹56,070 Cr (up 27.2% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹56,070 Cr
+27.2% YoY
EBITDA
₹8,302 Cr
+26.3% YoY
Profit After Tax
₹3,038 Cr
+43.9% YoY
Net Worth
₹9,564 Cr
+12.5% YoY
Total Assets
₹43,883 Cr
+14.3% YoY
Total Debt
₹32,791 Cr
+14.6% 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
Revenue56,07044,08938,77931,97424,35519,42118,849
Revenue growth+27.2%+13.7%+21.3%+31.3%+25.4%+3.0%-
EBITDA8,3026,5755,4354,0252,7152,2212,224
EBITDA margin+14.8%+14.9%+14.0%+12.6%+11.2%+11.4%+11.8%
Profit before tax4,8223,5352,6931,9361,067822865
Net profit3,0382,1121,6281,299781602650
Net profit margin+5.4%+4.8%+4.2%+4.1%+3.2%+3.1%+3.5%
EPS (₹)63.5347.0535.5027.9715.9312.5113.15
Balance sheet
Total assets43,88338,40233,81828,55421,13116,59415,336
Net worth9,5648,5036,7845,5054,3993,8273,282
Total debt32,79128,60926,00622,37615,82712,17911,591
Cash & bank4,5014,3862,4261,8791,5361,6571,108
Net working capital18,68716,22013,15110,3626,9695,3425,890
Cash flow
Cash from operations1,8673,503(1,253)(4,405)(1,575)1,151373
Cash from investing(2,964)(2,899)(1,481)(1,308)(1,471)(882)(1,090)
Cash from financing9091,1553,2396,1182,9182641,619
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue19,47416,29615,05314,75614,05112,21011,54211,035
Revenue growth (YoY)+38.6%+33.5%+30.4%+33.7%+24.3%+18.4%--
Other income97.991586.65(10.30)(14.00)39.66(57.35)69.61
EBITDA2,7212,3432,1722,2172,1101,8031,9041,633
EBITDA margin+14.0%+14.4%+14.4%+15.0%+15.0%+14.8%+16.5%+14.8%
Depreciation358354315323320315292258
Interest670602566561552551551536
Profit before tax1,7911,5451,2981,3231,2239771,004908
Tax572488479432391334306299
Net profit1,2191,058820891833643698609
EPS (₹)25.1421.4616.2417.7116.7412.8413.6411.91
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue47,27036,25131,77626,37820,79116,75116,423
Revenue growth+30.4%+14.1%+20.5%+26.9%+24.1%+2.0%-
EBITDA6,0384,4503,5142,6751,9321,4291,314
EBITDA margin+12.8%+12.3%+11.1%+10.1%+9.3%+8.5%+8.0%
Profit before tax4,9043,5512,7812,0031,213826754
Net profit3,6332,6361,9721,473914613613
Net profit margin+7.7%+7.3%+6.2%+5.6%+4.4%+3.7%+3.7%
EPS (₹)76.0955.4443.8431.3818.8112.8812.47
Balance sheet
Total assets15,27712,2229,9328,9246,9785,5175,833
Net worth11,2349,8977,7316,0484,8224,1713,618
Total debt3,7332,0371,9642,6631,9631,2302,132
Cash & bank975589531242401930419
Net working capital(3,460)(2,567)(1,889)(1,377)(1,455)(1,038)(141)
Cash flow
Cash from operations5,7304,2923,6171,9931,4982,5611,394
Cash from investing(4,310)(3,870)(1,896)(2,312)(2,141)(921)(1,289)
Cash from financing(1,344)(588)(1,470)225113(1,196)271
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue17,10313,89612,80812,47611,90510,0819,5509,097
Revenue growth (YoY)+43.7%+37.8%+34.1%+37.2%+29.0%+20.4%--
Other income45.04151(16.23)(27.91)(20.74)34.29(74.27)(22.69)
Total expenses14,88412,11711,12810,88510,3998,8188,2208,016
EBITDA2,2191,7791,6791,5921,5071,2631,3311,081
EBITDA margin+13.0%+12.8%+13.1%+12.8%+12.7%+12.5%+13.9%+11.9%
Depreciation276265246235215204200188
Interest12475.5059.1057.9146.5740.3035.8233.75
Profit before tax1,8651,5891,3581,2711,2241,0531,020837
Tax487415361333320274260218

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 07 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue19,47416,29615,05314,75614,05112,21011,54211,035
Revenue growth (YoY)+38.6%+33.5%+30.4%+33.7%+24.3%+18.4%--
Other income97.991586.65(10.30)(14.00)39.66(57.35)69.61
EBITDA2,7212,3432,1722,2172,1101,8031,9041,633
EBITDA margin+14.0%+14.4%+14.4%+15.0%+15.0%+14.8%+16.5%+14.8%
Depreciation358354315323320315292258
Interest670602566561552551551536
Profit before tax1,7911,5451,2981,3231,2239771,004908
Tax572488479432391334306299
Net profit1,2191,058820891833643698609
EPS (₹)25.1421.4616.2417.7116.7412.8413.6411.91
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue56,07044,08938,77931,97424,35519,42118,849
Revenue growth+27.2%+13.7%+21.3%+31.3%+25.4%+3.0%-
Other income22.0199.4713113835.3647.2251.83
Total expenses47,76737,51433,34427,94921,64117,20016,625
Employee cost4,3923,5813,2982,8902,1251,6891,539
EBITDA8,3026,5755,4354,0252,7152,2212,224
EBITDA margin+14.8%+14.9%+14.0%+12.6%+11.2%+11.4%+11.8%
Depreciation1,2731,046956859743565556
Interest2,2302,0931,9171,368940881855
Profit before tax4,8223,5352,6931,9361,067822865
Tax1,6351,155914627336214219
Net profit3,0382,1121,6281,299781602650
Net profit margin+5.4%+4.8%+4.2%+4.1%+3.2%+3.1%+3.5%
EPS (₹)63.5347.0535.5027.9715.9312.5113.15
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital47.5147.5147.5147.5147.5147.5147.51
Reserves & surplus9,5458,5186,7365,4574,3523,7793,235
Shareholders' funds (net worth)9,5648,5036,7845,5054,3993,8273,282
Minority interest1,149939728405654388321
Secured loans25,19222,68420,57317,03011,2809,0079,111
Unsecured loans7,5995,9255,4335,3464,5473,1722,481
Total debt32,79128,60926,00622,37615,82712,17911,591
Total liabilities43,88338,40233,81828,55421,13116,59415,336
Assets
Gross block16,77014,16811,76110,82010,4698,0427,058
Net block8,6347,6445,8915,7485,9754,2213,811
Capital work in progress2,0721,4651,0337435521,0411,006
Investments1,1471,2471,123967605468371
Inventories2,4592,4172,2481,9221,6421,3671,188
Sundry debtors2,6541,7171,8391,2561,1771,0291,454
Cash & bank balances4,5014,3862,4261,8791,5361,6571,108
Loans & advances21,33516,94914,84311,7758,4026,4835,989
Total current assets30,94925,46921,35716,83212,75710,5379,739
Total current liabilities12,2629,2498,2066,4715,7885,1953,849
Net working capital18,68716,22013,15110,3626,9695,3425,890
Total assets43,88338,40233,81828,55421,13116,59415,336
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash4,1152,3561,8511,4461,5741,041139
Net cash from operating activities1,8673,503(1,253)(4,405)(1,575)1,151373
Net cash from investing activities(2,964)(2,899)(1,481)(1,308)(1,471)(882)(1,090)
Net cash from financing activities9091,1553,2396,1182,9182641,619
Net change in cash(189)1,759505406(128)532902
Closing cash4,5014,3862,4261,8791,5361,6571,108
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+27.2%+13.7%+21.3%+31.3%+25.4%+3.0%-
EBITDA growth+26.3%+21.0%+35.0%+48.3%+22.2%-0.2%-
PBT growth+36.4%+31.3%+39.1%+81.5%+29.8%-5.1%-20.1%
Net income growth+43.9%+29.7%+25.3%+66.3%+29.8%-7.3%-
Revenue CAGR (3Y)+20.6%+21.9%+25.9%+19.3%+6.5%+5.9%+14.8%
EBITDA CAGR (3Y)+27.3%+34.3%+34.8%+21.9%+7.9%+12.9%+36.8%
Profitability & leverage
Net income margin+5.7%+5.4%+4.6%+4.1%+3.0%+3.1%+3.4%
Return on capital employed+17.6%+16.0%+15.1%+13.6%+10.9%+10.9%+12.5%
Return on net worth+35.3%+31.1%+29.0%+26.4%+17.8%+17.1%+20.1%
Debt / equity3.403.573.943.863.403.343.24
Long-term debt / equity2.452.682.732.572.282.181.96
Interest cover31.7237.8642.8043.2147.6953.2351.23
Efficiency & per share
Fixed asset turnover3.623.403.433.002.632.572.85
Inventory turnover23.0018.9018.6017.9416.1815.2015.20
Debtors turnover25.6624.8025.0526.2822.0815.6412.56
EPS (₹)63.5347.0535.5027.9715.9312.5113.15
Dividend per share (₹)12.0010.008.005.003.753.503.50
Book value per share (₹)201.90180.30142.78115.8792.6080.5469.08
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue17,10313,89612,80812,47611,90510,0819,5509,097
Revenue growth (YoY)+43.7%+37.8%+34.1%+37.2%+29.0%+20.4%--
Other income45.04151(16.23)(27.91)(20.74)34.29(74.27)(22.69)
Total expenses14,88412,11711,12810,88510,3998,8188,2208,016
EBITDA2,2191,7791,6791,5921,5071,2631,3311,081
EBITDA margin+13.0%+12.8%+13.1%+12.8%+12.7%+12.5%+13.9%+11.9%
Depreciation276265246235215204200188
Interest12475.5059.1057.9146.5740.3035.8233.75
Profit before tax1,8651,5891,3581,2711,2241,0531,020837
Tax487415361333320274260218
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue47,27036,25131,77626,37820,79116,75116,423
Revenue growth+30.4%+14.1%+20.5%+26.9%+24.1%+2.0%-
Other income(29.97)(11.38)14910118.9932.9732.10
Total expenses41,23231,80228,26223,70318,85915,32215,110
Employee cost2,4521,9711,5961,3451,137948938
EBITDA6,0384,4503,5142,6751,9321,4291,314
EBITDA margin+12.8%+12.3%+11.1%+10.1%+9.3%+8.5%+8.0%
Depreciation901748700631611494489
Interest204139182141126142102
Profit before tax4,9043,5512,7812,0031,213826754
Tax1,288918698512320214162
Net profit3,6332,6361,9721,473914613613
Net profit margin+7.7%+7.3%+6.2%+5.6%+4.4%+3.7%+3.7%
EPS (₹)76.0955.4443.8431.3818.8112.8812.47
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital47.5147.5147.5147.5147.5147.5147.51
Reserves & surplus11,2159,9127,6846,0004,7754,1233,571
Shareholders' funds (net worth)11,2349,8977,7316,0484,8224,1713,618
Secured loans10.5810.119.6884.68801370902
Unsecured loans3,7232,0271,9542,5791,1618601,229
Total debt3,7332,0371,9642,6631,9631,2302,132
Total liabilities15,27712,2229,9328,9246,9785,5175,833
Assets
Gross block11,6979,8418,7267,9887,2066,3235,785
Net block5,4604,4023,7723,5963,3073,0102,900
Capital work in progress1,3601,239930628424279285
Investments11,6479,1636,9915,6844,7163,3152,606
Inventories1,5801,7261,3711,2361,1231,1521,039
Sundry debtors2,0861,2801,3029799738701,281
Cash & bank balances975589531242401930419
Loans & advances2,1791,2928511,035775495490
Total current assets6,8214,8874,0553,4933,2723,4473,229
Total current liabilities10,2817,4545,9434,8704,7264,4853,370
Net working capital(3,460)(2,567)(1,889)(1,377)(1,455)(1,038)(141)
Total assets15,27712,2229,9328,9246,9785,5175,833
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash32449023432985941439.02
Net cash from operating activities5,7304,2923,6171,9931,4982,5611,394
Net cash from investing activities(4,310)(3,870)(1,896)(2,312)(2,141)(921)(1,289)
Net cash from financing activities(1,344)(588)(1,470)225113(1,196)271
Net change in cash76.38(166)251(94.40)(530)445375
Closing cash975589531242401930419
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+30.4%+14.1%+20.5%+26.9%+24.1%+2.0%-
EBITDA growth+35.7%+26.6%+31.4%+38.5%+35.2%+8.8%-
PBT growth+38.1%+27.7%+38.8%+65.1%+46.8%+9.5%-21.5%
Net income growth+37.8%+33.7%+33.9%+61.2%+49.0%+0.0%-
Revenue CAGR (3Y)+21.5%+20.4%+23.8%+17.1%+4.5%+3.4%+10.6%
EBITDA CAGR (3Y)+31.2%+32.1%+35.0%+26.8%+10.5%+6.7%+15.3%
Profitability & leverage
Net income margin+7.7%+7.3%+6.6%+5.7%+4.3%+3.7%+3.6%
Return on capital employed+37.2%+33.3%+31.4%+27.0%+21.4%+17.1%+16.1%
Return on net worth+34.2%+29.9%+30.2%+27.4%+19.9%+15.7%+17.0%
Debt / equity0.270.230.340.430.360.430.51
Long-term debt / equity0.100.130.210.270.290.270.24
Interest cover3.973.756.466.889.5415.1512.39
Efficiency & per share
Fixed asset turnover4.393.903.803.473.072.773.03
Inventory turnover28.6023.4124.3822.3618.2815.2914.83
Debtors turnover28.0828.0827.8627.0322.5615.5712.19
EPS (₹)76.0955.4443.8431.3818.8112.8812.47
Dividend per share (₹)12.0010.008.005.003.753.503.50
Book value per share (₹)237.05209.63162.72127.30101.5087.7976.15

To see the full year-wise statements and ratios of TVS Motor Company Limited, buy the company report.

Board of directors of TVS Motor Company Limited

TVS Motor Company has 8 current directors and 30 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Venu Srinivasan
Also directs: Harita Consultancy and Management Services LLP, Harita Insurance Broking LLP, Harita Realty Developers LLP and 5 more
Managing Director27 Jan 200026 Years 9 MonthsCurrent
Sudarshan Venu
Also directs: Harita Accessories LLP, Pinnacle Global Trade Links LLP, TVS Holdings Limited and 5 more
Managing Director10 Sep 201412 Years 1 MonthsCurrent
Kunnath Narayanan Radhakrishnan
Also directs: TVS Credit Services Limited, Indian Foundation for Quality Management, TVS Motor Services Limited
Whole-Time Director23 Oct 20188 Years 0 MonthsCurrent
Kalpana Vasantrai Unadkat
Also directs: TVS Credit Services Limited, Eris Lifesciences Limited, Avenue Supermarts Limited
Director15 Dec 20250 Years 10 MonthsCurrent
Vijay Sankar
Also directs: Vijay Sankar Consultancy Services LLP, Chemplast Sanmar Limited, Transport Corporation of India Limited and 5 more
Director20 Mar 20242 Years 7 MonthsCurrent
Shailesh Vishnubhai Haribhakti
Also directs: Bajaj Electricals Limited, Adani Power Limited, Protean Egov Technologies Limited and 5 more
Director01 Apr 20242 Years 7 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Peer comparison

TVS Motor Company Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Two and Three Wheelers), with the same principal business activity (manufacture of motor vehicles, trailers and semi-trailers), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
TVS Motor Company Limitedthis company₹56,070 Cr (FY 2026)₹3,038.47 Cr5.4%27.2%6,604Chennai, Tamil Nadu, India
Bajaj Auto Limited.₹52,469 Cr (FY 2025)13.0%Pune, Maharashtra, India
Hero Motocorp Limited₹41,968 Cr (FY 2025)9.0%New Delhi, Delhi, India
Eicher Motors Limited₹20,175 Cr (FY 2025)15.0%New Delhi, Delhi, India

To see the full peer comparison of TVS Motor Company Limited, buy the company report.

Auditor

TVS Motor Company Limited is audited by Sundaram & Srinivasan for the financial year 2026.

Auditor firmFinancial yearFirm registration number
Sundaram & SrinivasanFY 2026004207S

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 50.30%, foreign institutional investors hold 20.40%, domestic institutional investors hold 21.20% and retail and other public shareholders hold 8.10%.

Promoters: 50.30%DII (Domestic Institutional): 21.20%FII (Foreign Institutional): 20.40%Retail & Others: 8.10%
Sep 2026
QUARTER
50.30% Promoters
21.20% DII (Domestic Institutional)
20.40% FII (Foreign Institutional)
8.10% Retail & Others
Promoter holding - history
Now 50.30% · Sep 2026High 50.30% · Dec 2025Low 50.30% · Dec 2025
49%49.8%50.5%51.3%52%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 50.30%Mar 2026: 50.30%Jun 2026: 50.30%Sep 2026: 50.30%50.30%50.30%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters50.30%50.30%50.30%50.30%
Public49.70%49.70%49.70%49.70%

Charges & borrowings

Open charges
₹1,529.96 Cr
Satisfied charges
₹2,455.43 Cr
Breakdown by lending institutions
State Bank of India₹1,000.00 Cr
Others₹372.88 Cr
State Industries Promotion Corporation of Tamilnadu Limited₹157.08 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Jul 2019100283388Others₹372.88 CrOpen
31 Mar 200910149778State Industries Promotion Corporation of Tamilnadu Limited₹157.08 CrOpen
11 Sep 200710069592State Bank of India₹1,000 CrOpen
30 Mar 2020100334217State Bank of India₹400 CrSatisfied
06 May 2019100259372State Bank of India₹213.41 CrSatisfied

To see the full charge records of TVS Motor Company Limited, buy the company report.

Total charge records: 22 View all charges

Deals & funding

TVS Motor Company Limited has 47 deals on record (33 market trades, 12 secondary share transfers, 2 funding rounds), with disclosed funding of ₹878.7 Cr; the latest was in July 2025.

Total deals
47
Market trades
33
Secondary share transfers
12
Funding rounds
2
Disclosed funding
₹878.7 Cr

Deals on record (5 of 47)

WhenDealAmountParties
Feb 2022Market trade₹604.17 CrSeller: Sundaram-Clayton Limited
Jun 2021Market trade₹1,506.09 CrBuyer: Icici Prudential Mutual Fund, Sbi Mutual Fund, Aditya Birla Sun Life Mutual Fund
Seller: Sundaram-Clayton Limited
Sep 2015Market trade₹80.84 CrSeller: TVS Motor Harita Employees Welfare Foundation Private Limited
Sep 2015Market trade₹54.87 CrSeller: TVS Motor Harita Employees Welfare Foundation Private Limited
Jul 2015Secondary share transferUndisclosedBuyer: Others TVS Motors Limited, Goldman Sachs Public Market Fund, HSBC Bank (Mauritius Ltd)
Seller: Life Insurance Corporation of India, Icici Prudential Life Insurance Company Limited , Reliance Capital Truste Company Ltd

To see the full deal history of TVS Motor Company Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

TVS Motor Company Limited was last rated by Care on 29 Sep 2022.

Rating agencyRated onRating
Care29 Sep 2022

To see the full credit ratings and regulatory alerts of TVS Motor Company Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for TVS Motor Company Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

TVS Motor Company has 8 subsidiary companies and 4 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

8
Subsidiary companies
4
Associated companies
Key subsidiaries
Company NameCINShares held
Sundaram Auto Components LimitedU29249TN1992PLC051417
TVS Electric Mobility LimitedU34100TN2021PLC148526
TVS Motor Services LimitedU50404TN2009PLC071075
TVS Credit Services LimitedU65920TN2008PLC069758
Harita Two Wheeler Mall Private LtdU65923TN2017PTC118211
Harita Arc Private LimitedU65999TN2017PTC118296

To see the full group structure of TVS Motor Company Limited, buy the company report.

Employees & EPFO

TVS Motor Company Limited has a workforce of 6,604 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.

Employee count
6,604
Active EPFO establishments
2
Employee growth
1.55%

GST

TVS Motor Company has 36 GST registrations: 32 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
36
Active
32
Cancelled / inactive
4
GSTINStateStatusRegistered on
02AAACS7032B1Z4Himachal PradeshActive01 Jul 2017
03AAACS7032B1Z2PunjabActive01 Jul 2017
05AAACS7032B1ZYUttarakhandActive01 Jul 2017
06AAACS7032B1ZWHaryanaActive01 Jul 2017

To see the full GST registrations and return filing status of TVS Motor Company Limited, buy the company report.

Recent activity

TVS Motor Company Limited has 35 board changes on record since 2000: 10 appointments and 25 cessations. The latest: Ravindran Shanmugam was appointed as Director on 13 May 2026.

AGM
Tvs Motor Company Limited last Annual general meeting of members was held on 22 Jul 2026 as per latest MCA records.
Appointed
Ravindran Shanmugam was appointed as Director.
Filing
Tvs Motor Company Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Chennai.
Appointed
Kalpana Vasantrai Unadkat was appointed as Director.
Ceased
Lakshmi Venu ceased to be Director.
Ceased
Shailesh Vishnubhai Haribhakti ceased to be Additional Director.
Ceased
Vijay Sankar ceased to be Additional Director.
Appointed
Shailesh Vishnubhai Haribhakti was appointed as Director.
Appointed
Vijay Sankar was appointed as Director.
Ceased
Deepali Pant Rajeev Joshi ceased to be Additional Director.
Charges
A charge registered on 06 May 2019 via Charge ID 100259372 with State Bank Of India was fully satisfied on 17 Mar 2023.
Ceased
Balasubramanyam Sriram ceased to be Additional Director.

74 earlier events are in the company report.

News

TVS Motor: CLSA on TVS Motor maintains Outperform, Target Price Rs 4896; Q2FY27 EBITDA margin rose 17bps QoQ to 13% despite a 1.9% QoQ increase in commodity costs, supported by price hikes, operating leverage, cost optimisation and favourable currency movements. Management expects high-single-digit volume growth and continued outperformance against the industry in domestic and export markets. The planned FY28 demerger of its financial services business could unlock value and reduce annual investment requirements.
29 Oct 2026 · Exchange Update
TVS Motor: Nomura on TVS Motor maintains Buy, Target Price Rs 4605; Strong growth across segments and Q2 average selling prices ahead of consensus support the outlook, with premium motorcycles, EVs and exports expected to drive expansion. The stock trades at 26.7x FY29 estimated EPS, excluding investments, which Nomura considers attractive against expected 20% EPS CAGR over FY27–29. Key risks include lower EV margins after the PLI scheme ends in FY28 and elevated investment and capex.
29 Oct 2026 · Exchange Update
TVS Motor Co: Boosts EV Capacity To 80,000 Units And Aims To Increase Total Two-Wheeler Production To Over 8 Million Units And Three-Wheeler Output To 0.4 Million Units Soon. Management Believes Major Cost Increases Are Unlikely In Q3 And Q4, Expecting Possible Stabilization By Q4.
29 Oct 2026 · Exchange Update
TVSMOTOR: Q2 SL NET PROFIT 13.8B RUPEES VS 9.1B (YOY); EST 12.9B
28 Oct 2026 · Exchange Update
TVSMOTOR: Q2 EBITDA 22.2B RUPEES VS 15.08B (YOY); Q2 EBITDA MARGIN 12.94% VS 12.67% (YOY)
28 Oct 2026 · Exchange Update
TVS Motor: Announces Demerger Of Consumer Finance And Related Business Undertaking
28 Oct 2026 · Exchange Update

From our blog

Frequently asked questions

TVS Motor Company is an active public limited company based in Chennai, Tamil Nadu, India. The company works in motorcycles and scooters, within the automotive industry. It was incorporated on 10 June 1992 (34+ years old) and is registered under CIN L35921TN1992PLC022845. Listed on BSE: 532343 and NSE: TVSMOTOR.

TVS Motor Company reported revenue of ₹56,070 Cr for FY 2025-26 (up 27.2% YoY) based on consolidated financials.

TVS Motor Company has 8 current directors:

The latest financial statements of TVS Motor Company on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 22 July 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of TVS Motor Company is 02AAACS7032B1Z4, registered in Himachal Pradesh. The company has 36 GST registrations in all, of which 32 are active and 4 are cancelled or inactive. Other active GSTINs include 03AAACS7032B1Z2 (Punjab), 05AAACS7032B1ZY (Uttarakhand), 06AAACS7032B1ZW (Haryana).

The CIN (Corporate Identification Number) of TVS Motor Company is L35921TN1992PLC022845. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. TVS Motor Company is a listed company as per MCA records. Its shares are listed on both BSE (code: 532343) and NSE (symbol: TVSMOTOR).

TVS Motor Company has 605 court cases on record: 314 filed by the company and 291 filed against it. 104 are pending. Most are in the high courts.

TVS Motor Company was incorporated on 10 June 1992, making it 34+ years old. It is registered with the Registrar of Companies, Chennai.

TVS Motor Company has 47 deals on record (33 market trades, 12 secondary share transfers, 2 funding rounds), with disclosed funding of ₹878.7 Cr; the latest was in July 2025.

The peers of TVS Motor Company by revenue are Bajaj Auto Limited, Hero Motocorp Limited, Eicher Motors Limited, all in the Automobiles industry (Two and Three Wheelers), with the same principal business activity (manufacture of motor vehicles, trailers and semi-trailers).