NSE TVSMOTOR · BSE 532343 · Recreational Products · NIFTY 500
TVS Motor Company Share Price
TVS Motor Company Overview
Where the price stands, how it has moved and how it sits against its averages.
TVS Motor Company shares last traded at ₹4,090.40 on the NSE, down 0.86% on the day. That is 8.8% below the 52-week high of ₹4,484.70 and 26.7% above the 52-week low of ₹3,228.00. Its market value is ₹1,94,501 Cr.
Price returns
Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST).
Moving averages — price is above 2 of 6
- 20-day average₹4,211.04 ▼ price 2.9% below
- 50-day average₹4,152.82 ▼ price 1.5% below
- 5-day average₹4,120.20 ▼ price 0.7% below
- 10-day average₹4,118.18 ▼ price 0.7% below
- Today's price₹4,090.40
- 100-day average₹3,813.23 ▲ price 7.3% above
- 300-day average₹3,741.41 ▲ price 9.3% above
Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.
TVS Motor Company Financial Results
Revenue and net profit in ₹ crore, with the full statements underneath.
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| FY 2026 | ₹56,070 Cr | ▲ +27.2% | ₹3,018 Cr | 5.4% | ₹63.53 | ₹12.00 |
| FY 2025 | ₹44,089 Cr | ▲ +13.7% | ₹2,236 Cr | 5.1% | ₹46.43 | ₹10.00 |
| FY 2024 | ₹38,779 Cr | ▲ +21.3% | ₹1,686 Cr | 4.3% | ₹34.97 | ₹8.00 |
| FY 2023 | ₹31,974 Cr | ▲ +31.3% | ₹1,329 Cr | 4.2% | ₹27.97 | ₹5.00 |
| FY 2022 | ₹24,355 Cr | ▲ +25.4% | ₹757 Cr | 3.1% | ₹15.93 | ₹3.75 |
| FY 2021 | ₹19,421 Cr | ▲ +3.0% | ₹594 Cr | 3.1% | ₹12.51 | ₹3.50 |
| FY 2020 | ₹18,849 Cr | — | ₹636 Cr | 3.4% | ₹12.45 | ₹3.50 |
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q1 FY27 | ₹16,296 Cr | ▲ +8.3% | ₹1,019 Cr | 6.3% | ₹21.46 |
| Q4 FY26 | ₹15,053 Cr | ▲ +2.0% | ₹772 Cr | 5.1% | ₹16.24 |
| Q3 FY26 | ₹14,756 Cr | ▲ +5.0% | ₹841 Cr | 5.7% | ₹17.71 |
| Q2 FY26 | ₹14,051 Cr | ▲ +15.1% | ₹795 Cr | 5.7% | ₹16.74 |
| Q1 FY26 | ₹12,210 Cr | ▲ +8.6% | ₹610 Cr | 5.0% | ₹12.84 |
| Q4 FY25 | ₹11,246 Cr | ▲ +1.9% | ₹648 Cr | 5.8% | ₹13.02 |
| Q3 FY25 | ₹11,035 Cr | ▼ −1.4% | ₹566 Cr | 5.1% | ₹11.82 |
| Q2 FY25 | ₹11,197 Cr | — | ₹560 Cr | 5.0% | ₹11.65 |
Balance sheet — FY26
- Total assets₹56,501 Cr
- Total liabilities₹46,936 Cr
- Shareholders' equity₹9,564 Cr
- Total debt₹32,791 Cr
- Cash & investments₹4,447 Cr
Cash flow — FY26
Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.
Full financial statements, FY20–FY26
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total revenue | 18,849.31 | 19,420.82 | 24,355.31 | 31,973.99 | 38,778.82 | 44,089.01 | 56,069.52 |
| Cost of revenue | 12,316.77 | 13,071.69 | 16,443.80 | 21,036.15 | 24,430.00 | 26,898.41 | 35,085.37 |
| Gross profit | 6,532.54 | 6,349.13 | 7,911.51 | 10,937.84 | 14,348.82 | 17,190.60 | 20,984.15 |
| Operating expenses | 17,172.59 | 17,722.29 | 22,381.91 | 28,721.78 | 34,159.63 | 38,377.04 | 48,980.87 |
| Operating income | 1,676.72 | 1,698.53 | 1,973.40 | 3,252.21 | 4,619.19 | 5,711.97 | 7,088.65 |
| Depreciation | 556.00 | 564.82 | 742.86 | 858.86 | 956.15 | 1,045.56 | 1,272.64 |
| Profit before tax | 865.42 | 821.63 | 1,066.79 | 1,936.03 | 2,667.62 | 3,505.35 | 4,821.74 |
| Tax | 218.62 | 214.13 | 335.91 | 626.57 | 914.04 | 1,155.45 | 1,635.31 |
| Net profit | 635.84 | 594.26 | 756.82 | 1,328.67 | 1,686.37 | 2,235.56 | 3,018.33 |
| EPS (₹) | 12.45 | 12.51 | 15.93 | 27.97 | 34.97 | 46.43 | 63.53 |
| Dividend per share (₹) | 3.50 | 3.50 | 3.75 | 5.00 | 8.00 | 10.00 | 12.00 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total assets | 19,358.82 | 21,992.69 | 27,126.66 | 35,232.91 | 42,220.46 | 47,936.91 | 56,500.62 |
| Current assets | 9,739.00 | 10,536.84 | 12,887.63 | 17,007.23 | 21,520.01 | 25,984.25 | 31,469.43 |
| Cash & short-term investments | 1,079.69 | 1,573.76 | 1,593.30 | 2,063.52 | 2,543.90 | 4,636.89 | 4,447.33 |
| Inventory | 1,188.47 | 1,367.43 | 1,642.36 | 1,921.51 | 2,248.40 | 2,416.58 | 2,459.20 |
| Property, plant & equipment | 4,148.82 | 4,240.49 | 4,698.16 | 4,493.21 | 4,632.13 | 6,152.52 | 7,023.64 |
| Total liabilities | 16,076.72 | 18,166.08 | 22,727.21 | 29,727.91 | 35,436.95 | 39,433.53 | 46,936.37 |
| Current liabilities | 10,025.24 | 10,908.71 | 13,906.30 | 19,218.70 | 21,078.21 | 23,173.54 | 32,067.68 |
| Total debt | 11,591.45 | 12,179.16 | 15,827.21 | 22,375.58 | 26,005.70 | 28,608.71 | 32,791.01 |
| Total equity | 3,282.10 | 3,826.61 | 4,399.45 | 5,505.00 | 6,783.51 | 8,503.38 | 9,564.25 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| From operations | 373.43 | 1,151.29 | −1,575.19 | −4,404.83 | −1,252.67 | 3,502.92 | 1,866.59 |
| From investing | −1,090.15 | −882.37 | −1,470.91 | −1,307.74 | −1,481.36 | −2,898.96 | −2,964.47 |
| From financing | 1,619.17 | 263.50 | 2,918.02 | 6,118.08 | 3,238.64 | 1,155.24 | 909.33 |
| Capital expenditure | −1,013.98 | −927.98 | −969.83 | −1,340.77 | −1,145.17 | −2,478.06 | −3,235.08 |
| Dividends paid | −200.46 | −99.77 | −190.40 | −291.81 | −380.07 | −475.09 | −570.10 |
| Net change in cash | 902.45 | 532.42 | −128.08 | 405.51 | 504.61 | 1,759.20 | −188.55 |
What Analysts Say
Recommendations from 36 analysts who cover TVS Motor Company.
▲ 26 bullish (72.2%) · 5 hold (13.9%) · ▼ 5 bearish (13.9%)
Votes
How the votes changed
| Rating | 3M ago | 2M ago | 1M ago | 1W ago | Now | 3-month change |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 10 | 10 | 11 | 11 | ▲ +2 |
| Buy | 16 | 17 | 17 | 15 | 15 | ▼ −1 |
| Hold | 5 | 5 | 5 | 5 | 5 | — |
| Sell | 3 | 3 | 3 | 3 | 3 | — |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | — |
Analyst ratings are opinions, not a guarantee of returns.
TVS Motor Company vs Peers
Side by side with other recreational products companies. The small bars compare each column.
| Company | Price | Change | Market cap | P/E | P/B | ROE (5 yr) | Net margin | Div. yield | Rating |
|---|---|---|---|---|---|---|---|---|---|
| TVS Motor Company | ₹4,090.40 | ▼ −0.86% | ₹1,94,501 Cr | — | — | — | — | — | This stock |
| Bajaj Auto | ₹11,209.05 | ▼ −1.48% | ₹3,08,029 Cr | 27.08 | 7.52 | 24.42% | 16.78% | 1.44% | Neutral |
| Hero Motocorp | ₹5,300.85 | ▼ −1.73% | ₹1,06,092 Cr | 16.82 | 4.55 | 21.58% | 12.18% | 3.02% | Neutral |
| Tube Investments of India | ₹2,545.70 | ▼ −1.34% | ₹49,278 Cr | 82.46 | 7.21 | 15.48% | 4.89% | 0.12% | Bearish |
| Ather Energy | ₹1,488.50 | ▼ −0.75% | ₹58,720 Cr | — | 19.07 | −107.34% | −14.08% | — | Neutral |
| Ola Electric Mobility | ₹42.82 | ▲ +2.17% | ₹19,819 Cr | — | 5.04 | −50.18% | −81.36% | — | Bullish |
Rating = the data provider's overall technical view of each peer. Company names link to their own pages.
TVS Motor Company Key Metrics
Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.
Per share What each share stands for
The share price is 20.32× the book value behind each share.
Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
- Latest dividend₹12.00 per share · 30 Mar 2026
Corporate calendar
- MeetingAnnual General Meeting
- BoardQuarterly Results
- MeetingPostal Ballot
- BoardAudited Results
- Dividend₹12.00 per share · 1,200% · Interim dividend
- BoardInterim Dividend
- BoardQuarterly Results
- MeetingPostal Ballot
Show 13 older events
- BoardQuarterly Results
- MeetingAnnual General Meeting
- BoardQuarterly Results
- BoardAudited Results
- MeetingCOM
- Dividend₹10.00 per share · 1,000% · Interim dividend
- MeetingPostal Ballot
- BoardInterim Dividend
- Dividend₹8.00 per share · 800% · Interim dividend
- Dividend₹5.00 per share · 500% · Interim dividend
- Dividend₹3.75 per share · 375% · Interim dividend
- Dividend₹1.40 per share · 140% · Interim dividend
- Dividend₹2.10 per share · 210% · Interim dividend
About TVS Motor Company
Recreational Products
TVS Motor Company Limited is an India-based two and three-wheeler manufacturer globally, supporting progress through sustainable mobility with four manufacturing facilities located in India and Indonesia. The Company's segments include Automotive Vehicles & Parts and Financial services. The Company manufactures a range of two-wheelers, starting from mopeds, to scooters, commuter motorcycles, and racing bikes like the TVS Apache series and the TVS Apache RR310. The Company's product categories include motorcycles, scooters, electric scooters, three wheelers and mopeds. Its motorcycle products include TVS Apache, Ronin, Raider, Radeon, Sport and Star City+. Its electric scooter products include TVS iQube and TVS X. The Company's scooter products include TVS Jupiter, TVS Jupiter 125, TVS Ntorq, TVS Zest 110 and others. Its services include book a service, annual maintenance contract, roadside assistance, TVS genuine parts and Tru4 Oil, and proactive inspection.
Key people
- Sudarshan VenuExecutive Chairman of the Board, Managing Director
- Venu SrinivasanChairman - Emeritus, Managing Director
- Kunnath Narayanan RadhakrishnanChief Executive Officer, Executive Director
- K. Gopala DesikanChief Financial Officer
- Kelliya Subramania SrinivasanCompany Secretary
Company facts
- NSE symbolTVSMOTOR
- BSE code532343
- ISININE494B01023
- IndustryRecreational Products
- IndexNIFTY 500
- Market cap₹1,94,501 Cr
- Revenue (FY26)₹56,070 Cr
- Net profit (FY26)₹3,018 Cr
In the News
Recent headlines about TVS Motor Company — they open on Mint in a new tab.
- Nifty Auto looks set to snap a 5-month winning streak - Should you buy the dip in auto, auto ancillary stocks?
After a 5-month winning streak, Nifty Auto and major auto stocks are in decline due to profit booking and economic concerns. With rising oil prices and impending interest rate hikes, experts suggest selective buying.
21 Sep 2026 · 4 min read · Mint ↗ - TVS rolls out Ronin Base+ variant with key safety and tech upgrades: Check price and new features
TVS Motor Company has launched a new Ronin Base+ variant at ₹1.42 lakh, adding dual-channel ABS to the lineup. The Ronin Mid gets a connected instrument cluster and Type-C charger, while the Top variant adds Traction Control System and a premium seat.
17 Sep 2026 · 2 min read · Mint ↗ - Tata Trusts gets time till October 15 to respond to ex-trustee Mehli Mistry’s objections: Report
Former Tata Trustee Mehli Mistry's objections concern change reports recording his exit from three Tata trusts, alleged governance lapses and the eligibility of certain trustees of the Bai Hirabai Trust.
9 Sep 2026 · 3 min read · Mint ↗ - Who is Peyman Kargar? TVS Motor shuffles top role — All about the automaker's new CEO and Director
TVS Motor Company named Peyman Kargar as CEO and Director. Learn more about the automaker's new chief executive officer
28 Aug 2026 · 2 min read · Mint ↗ - Stock market today: Gift Nifty hints a weak start; eight day trading stocks to buy on Tuesday, 18 August
Sensex and Nifty 50 are set to open lower due to mixed global cues. Brent crude prices have risen amid US-Iran conflict tensions, raising concerns over energy supplies. Analysts suggest cautious trading with key levels for Nifty 50 and Bank Nifty indicating potential selling pressure.
18 Aug 2026 · 4 min read · Mint ↗ - Buy or sell indicator: Gift Nifty signals flat start, Vaishali Parekh recommends three stocks to buy today
Buy or sell indicator: Vaishali Parekh recommends three stocks to buy today — Chennai Petroleum Corporation, Godrej Properties, and TVS Motor Company
18 Aug 2026 · 2 min read · Mint ↗ - Shares to buy or sell: Chandan Taparia of Motilal Oswal recommends three stocks to buy today - 11 August 2026
On 11 August, Indian stocks may decline as global cues are mixed. Nifty 50 and Sensex closed flat previously, and market analysts suggest key trading ranges while recommending stocks like TVS Motor Company and Shriram Finance.
11 Aug 2026 · 3 min read · Mint ↗ - TVS Motor may carve out financial services unit to strengthen and unlock shareholder value
Chairman Sudarshan Venu did not clarify the timeline for a possible demerger, which the company has publicly spoken about for the first time.
22 Jul 2026 · 3 min read · Mint ↗
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