TVS Motor Company Limited

TVS Motor Company Limited (TVSMOTOR) financial statements and selected valuation metrics from NSE/BSE exchange filings through 30 June 2026.

Consumer Discretionary›Automobile and Auto Components›Automobiles›2/3 Wheelers

tvsmotor.com(opens the company website in a new tab)
Ask AI

Key metrics

Price as of 2026-09-02

Stock price
₹4200.00
Market cap
1,99,516 Cr
Stock P/E
54.5
P/B
18.63
Dividend yield
0.3%

Sign in for full ratios and TTM. Learn about these metrics →

Share price

NSE closing price from historical market data.

Loading price history…

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · NSE preferred when both exchanges report the same period · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023BSE balance sheet (this exchange's own filing had none for this period)Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales9,933 Cr10,114 Cr10,042 Cr10,407 Cr11,302 Cr11,135 Cr11,542 Cr12,210 Cr14,051 Cr14,756 Cr15,053 Cr16,296 Cr
Operating expenses (approx.)8,577 Cr8,626 Cr8,558 Cr8,942 Cr9,659 Cr9,470 Cr9,622 Cr10,396 Cr11,929 Cr12,485 Cr12,866 Cr13,938 Cr
EBITDA1,356 Cr1,488 Cr1,485 Cr1,465 Cr1,642 Cr1,665 Cr1,920 Cr1,814 Cr2,122 Cr2,270 Cr2,187 Cr2,357 Cr
OPM %13.7%14.7%14.8%14.1%14.5%15.0%16.6%14.9%15.1%15.4%14.5%14.5%
Other income51 Cr12 Cr-44 Cr41 Cr32 Cr65 Cr-68 Cr40 Cr-14 Cr-10 Cr7 Cr158 Cr
Interest483 Cr494 Cr513 Cr503 Cr509 Cr539 Cr551 Cr551 Cr552 Cr561 Cr566 Cr602 Cr
Depreciation237 Cr242 Cr269 Cr247 Cr259 Cr264 Cr292 Cr315 Cr320 Cr323 Cr315 Cr354 Cr
Profit before tax676 Cr750 Cr650 Cr739 Cr888 Cr906 Cr1,012 Cr977 Cr1,223 Cr1,323 Cr1,298 Cr1,545 Cr
Tax %38.5%32.1%36.7%34.4%33.7%32.7%30.3%34.2%31.9%32.6%36.9%31.6%
Net profit416 Cr510 Cr412 Cr485 Cr588 Cr609 Cr698 Cr643 Cr833 Cr891 Cr820 Cr1,058 Cr
EPS (₹)₹8.13₹10.08₹8.15₹9.70₹11.80₹11.91₹13.64₹12.84₹16.74₹17.71₹16.24₹21.46

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2019BSE balance sheet (this exchange's own filing had none for this period)Mar 2020BSE balance sheet (this exchange's own filing had none for this period)Mar 2021BSE balance sheet (this exchange's own filing had none for this period)Mar 2022BSE balance sheet (this exchange's own filing had none for this period)Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales20,160 Cr18,849 Cr19,421 Cr24,355 Cr31,974 Cr39,145 Cr44,089 Cr56,070 CrSign in for TTM
Operating expenses (approx.)17,999 Cr16,576 Cr17,183 Cr21,601 Cr27,907 Cr33,601 Cr37,440 Cr47,676 CrSign in for TTM
EBITDA2,161 Cr2,273 Cr2,238 Cr2,755 Cr4,067 Cr5,543 Cr6,649 Cr8,393 CrSign in for TTM
OPM %10.7%12.1%11.5%11.3%12.7%14.2%15.1%15.0%Sign in for TTM
Other income25 Cr52 Cr47 Cr33 Cr138 Cr106 Cr70 Cr22 CrSign in for TTM
Interest663 Cr855 Cr881 Cr940 Cr1,368 Cr1,928 Cr2,093 Cr2,230 CrSign in for TTM
Depreciation442 Cr556 Cr565 Cr743 Cr859 Cr975 Cr1,046 Cr1,273 CrSign in for TTM
Profit before tax1,083 Cr865 Cr822 Cr1,067 Cr1,936 Cr2,703 Cr3,602 Cr4,822 CrSign in for TTM
Tax %33.0%25.3%26.1%31.5%32.4%34.2%32.1%33.9%Sign in for TTM
Net profit725 Cr647 Cr608 Cr731 Cr1,309 Cr1,779 Cr2,380 Cr3,186 CrSign in for TTM
EPS (₹)₹14.83₹13.15₹12.51₹15.93₹27.97₹35.50₹47.05₹63.53Sign in for TTM
Dividend payout %———26.1%22.3%21.4%20.0%17.9%Sign in for TTM
Sign in for TTM

Trailing twelve months totals and margin rows

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2019BSE balance sheet (this exchange's own filing had none for this period)Mar 2020BSE balance sheet (this exchange's own filing had none for this period)Mar 2021BSE balance sheet (this exchange's own filing had none for this period)Mar 2022BSE balance sheet (this exchange's own filing had none for this period)Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital48 Cr48 Cr48 Cr48 Cr48 Cr48 Cr48 Cr48 Cr
Reserves3,123 Cr3,235 Cr3,779 Cr4,352 Cr5,457 Cr6,736 Cr8,456 Cr9,517 Cr
Borrowings8,163 Cr9,002 Cr9,350 Cr15,297 Cr21,626 Cr25,287 Cr27,616 Cr31,624 Cr
Other liabilities5,118 Cr6,675 Cr8,429 Cr6,722 Cr7,697 Cr9,423 Cr10,879 Cr14,164 Cr
Total liabilities16,696 Cr19,280 Cr21,993 Cr27,072 Cr35,233 Cr42,220 Cr47,937 Cr56,501 Cr
Fixed assets (net)2,979 Cr3,302 Cr3,367 Cr4,378 Cr4,177 Cr4,294 Cr5,489 Cr6,050 Cr
CWIP604 Cr847 Cr874 Cr320 Cr316 Cr338 Cr664 Cr974 Cr
Investments577 Cr509 Cr606 Cr742 Cr1,105 Cr1,261 Cr1,389 Cr1,292 Cr
Loans & advances4,600 Cr5,307 Cr5,794 Cr7,299 Cr10,225 Cr13,417 Cr15,093 Cr17,988 Cr
Inventories1,292 Cr1,188 Cr1,367 Cr1,642 Cr1,922 Cr2,248 Cr2,417 Cr2,459 Cr
Trade receivables1,546 Cr1,454 Cr1,036 Cr1,155 Cr1,232 Cr1,839 Cr1,717 Cr2,654 Cr
Cash & bank163 Cr1,080 Cr1,574 Cr1,446 Cr1,851 Cr2,356 Cr4,115 Cr3,926 Cr
Other assets4,936 Cr5,593 Cr7,375 Cr10,089 Cr14,405 Cr16,467 Cr17,054 Cr21,156 Cr
Total assets16,696 Cr19,280 Cr21,993 Cr27,072 Cr35,233 Cr42,220 Cr47,937 Cr56,501 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2019BSE balance sheet (this exchange's own filing had none for this period)Mar 2020BSE balance sheet (this exchange's own filing had none for this period)Mar 2021BSE balance sheet (this exchange's own filing had none for this period)Mar 2022BSE balance sheet (this exchange's own filing had none for this period)Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity———-1,560 Cr-4,405 Cr-1,253 Cr3,503 Cr1,867 Cr
Cash from investing———-1,486 Cr-1,308 Cr-1,001 Cr-2,899 Cr-2,964 Cr
Cash from financing———2,918 Cr6,118 Cr2,759 Cr1,155 Cr909 Cr
Net cash flow———-128 Cr406 Cr505 Cr1,759 Cr-189 Cr
Free cash flow (OCF − Capex)———-2,545 Cr-5,746 Cr-2,398 Cr1,025 Cr-1,368 Cr

Ratios

Ratios as reported or derived per annual period.

MetricMar 2019BSE balance sheet (this exchange's own filing had none for this period)Mar 2020BSE balance sheet (this exchange's own filing had none for this period)Mar 2021BSE balance sheet (this exchange's own filing had none for this period)Mar 2022BSE balance sheet (this exchange's own filing had none for this period)Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %55.1%52.4%44.5%45.6%12.0%14.1%15.4%16.7%
ROE %22.2%19.0%15.5%17.2%22.5%22.5%23.7%28.2%
Debtor days2828191714171417
Inventory days3436393835353427
Days payable839712310692102106108
Cash conversion cycle-21-32-65-51-43-50-58-63
Debt / equity2.572.742.443.483.933.733.253.31
Current ratio1.020.970.970.930.881.021.120.97
Net debt / EBITDA0.000.000.000.004.864.143.533.30

Compare with peers

Loading peers…