TVS Motor Company Ltd
TVSMOTORTVS Motor Company Ltd
TVSMOTORPrice Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
76.84 | 17.52 | 0.29% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
43.45 | 7.32 | 0.45% |
Forecast & Ratings
Detailed Forecast from 36 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
TVS Motor Company Limited is engaged in the manufacturing of motorcycles, scooters, mopeds, three wheelers, parts and accessories.
Peers
Compare with peersBajaj Auto Ltd
Hero MotoCorp Ltd
Ola Electric Mobility Ltd
Maharashtra Scooters Ltd
Wardwizard Innovations & Mobility Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 11,473.25 | 12,628.26 | 16,440.43 | 20,187.13 | 18,901.14 | 19,468.04 | 24,390.67 | 32,111.99 | 39,250.56 | 40,556.14 | ||||||||||
Raw Materials | 7,963.80 | 8,985.23 | 11,257.60 | 14,033.27 | 12,310.04 | 12,925.65 | 16,517.69 | 20,987.19 | 24,729.60 | 34,753.17 | ||||||||||
Power & Fuel Cost | 105.70 | 108.83 | 128.63 | 136.59 | 112.75 | 96.14 | 126.81 | 133.47 | 129.98 | |||||||||||
Employee Cost | 731.19 | 828.05 | 1,149.79 | 1,432.15 | 1,539.35 | 1,689.37 | 2,124.62 | 2,890.25 | 3,385.19 | |||||||||||
Selling & Administrative Expenses | 1,138.80 | 1,137.29 | 1,370.71 | 1,208.18 | 1,223.87 | 986.91 | 1,138.30 | 1,353.75 | 1,828.28 | |||||||||||
Operating & Other expenses | 621.46 | 534.46 | 891.07 | 1,188.98 | 1,439.17 | 1,502.03 | 1,733.38 | 2,584.55 | 3,571.75 | |||||||||||
EBITDA | 912.30 | 1,034.40 | 1,642.63 | 2,187.96 | 2,275.96 | 2,267.94 | 2,749.87 | 4,162.78 | 5,605.76 | 5,802.97 | ||||||||||
Depreciation/Amortization | 262.19 | 316.82 | 373.60 | 441.71 | 556.00 | 564.82 | 742.86 | 858.86 | 975.12 | 994.76 | ||||||||||
PBIT | 650.11 | 717.58 | 1,269.03 | 1,746.25 | 1,719.96 | 1,703.12 | 2,007.01 | 3,303.92 | 4,630.64 | 4,808.21 | ||||||||||
Interest & Other Items | 70.02 | 59.62 | 338.22 | 663.40 | 854.54 | 881.49 | 940.22 | 1,367.89 | 1,927.72 | 1,993.29 | ||||||||||
PBT | 580.09 | 657.96 | 930.81 | 1,082.85 | 865.42 | 821.63 | 1,066.79 | 1,936.03 | 2,702.92 | 2,814.92 | ||||||||||
Taxes & Other Items | 150.94 | 146.72 | 278.46 | 378.18 | 240.80 | 227.37 | 309.97 | 607.36 | 1,016.55 | 1,101.97 | ||||||||||
Net Income | 429.15 | 511.24 | 652.35 | 704.67 | 624.62 | 594.26 | 756.82 | 1,328.67 | 1,686.37 | 1,712.95 | ||||||||||
EPS | 9.03 | 10.76 | 13.73 | 14.83 | 13.15 | 12.51 | 15.93 | 27.97 | 35.50 | 36.06 | ||||||||||
DPS | 2.50 | 2.50 | 3.30 | 3.50 | 3.50 | 3.50 | 3.75 | 5.00 | 8.00 | 8.00 | ||||||||||
Payout ratio | 0.28 | 0.23 | 0.24 | 0.24 | 0.27 | 0.28 | 0.24 | 0.18 | 0.23 | 0.22 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
Consumer DiscretionaryTwo Wheelers
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
TVS Motor Company Ltd | 78.05 | 17.52 | 0.29% |
Bajaj Auto Ltd | 43.00 | 11.44 | 0.67% |
Hero MotoCorp Ltd | 32.07 | 6.73 | 2.33% |
Ola Electric Mobility Ltd | -31.09 | 24.39 | — |
Price Comparison
Compare TVSMOTOR with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding TVS Motor Company Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
ICICI Prudential Balanced Advantage Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.3164% | Percentage of the fund’s portfolio invested in the stock 4.99% | Change in the portfolio weight of the stock over the last 3 months 0.05% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 1/219 (0) |
ICICI PRUDENTIAL FLEXICAP FUND DIRECT PLAN GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.3128% | Percentage of the fund’s portfolio invested in the stock 10.30% | Change in the portfolio weight of the stock over the last 3 months 1.01% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 1/86 (0) |
ICICI Prudential Equity & Debt Fund - Direct Plan - Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.8208% | Percentage of the fund’s portfolio invested in the stock 2.69% | Change in the portfolio weight of the stock over the last 3 months 0.24% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 8/185 (0) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividend Cuts
TVSMOTOR has increased or maintained dividend levels over the last 5 years
Dividend Yield
Current dividend yield is 0.29%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.87 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateMar 19, 2024
Dividend/Share
₹8.00
Ex DateEx Date
Mar 19, 2024
Cash Dividend
Ex DateEx DateFeb 2, 2023
Dividend/Share
₹5.00
Ex DateEx Date
Feb 2, 2023
Cash Dividend
Ex DateEx DateMar 25, 2022
Dividend/Share
₹3.75
Ex DateEx Date
Mar 25, 2022
Cash Dividend
Ex DateEx DateMar 30, 2021
Dividend/Share
₹1.40
Ex DateEx Date
Mar 30, 2021
Cash Dividend
Ex DateEx DateFeb 4, 2021
Dividend/Share
₹2.10
Ex DateEx Date
Feb 4, 2021
TVS Motor Company has sold its entire holding of 30,50,000 equity shares of Rs. 10/- each (100%) in TVS Digital (formerly known as TVS Housing) (TVS Digital), a wholly owned subsidiary of the Company on 16 September 2024. Consequent to the above, the TVS Digital has ceased to be a wholly owned subsidiary of the Company effective 16 September 2024.Powered by Capital Market - Live
Total two-wheelers registered a growth of 14.07% with sales increasing from 332,110 units in August 2023 to 378,841 units in August 2024. Domestic two-wheeler sales stood at 289,073 units in August 2024, up 12.65% from 256,619 units in sold in August 2023. Motorcycles sales were at 170,486 units in August 2024, registering a growth of 11.39% as compared with Rs 153,047 units in August 2023. Scooter sales grew by 14.83% to 163,629 units in August 2024 as against 142,502 units sold in the same period a year ago. Electric vehicles advanced 3.73% with sales increasing from 23,887 units in August 2023 to 24,779 units in August 2024. The company's total exports grew by 14.24% with sales increasing from 87,515 units in August 2023 to 99,976 units in August 2024. Two-wheeler exports climbed 18.91% with sales increasing from 75,491 units in August 2023 to 89,768 units in August 2024. The company's three-wheeler registered sales of 12,747 units in August 2024, down 7.21% as compared with 13,738 units in August 2023. TVS Motor Company is a reputed two and three-wheeler manufacturer globally. It has four manufacturing facilities in Hosur, Mysuru and Nalagarh in India and Karawang in Indonesia. TVS Motor's group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Its subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company reported 23.45% increase in standalone net profit to Rs 577.32 crore in Q1 FY25 as compared to Rs 467.67 crore posted in Q1 FY24. Revenue from operations rose 16.04% YoY to Rs 8,375.59 crore in the June 2024 quarter. Shares of TVS Motor Company shed 0.67% to Rs 2,793.40 on the BSE. The counter hit an all-time high of Rs 2,868.15 in today's intraday session. Powered by Capital Market - Live
TVS Motor Company launched its feature-rich TVS Raider 125 in Sri Lanka. The sporty motorcycle comes with first-inclass features such as an LCD digital speedometer, 3V iTouch Start, Animalistic LED headlamp and first-in-segment under-seat storage. The TVS Raider is equipped with a powerful 125cc engine that delivers a perfect balance of power and efficiency for a smooth, thrilling ride, complemented by its sharp, aggressive styling that makes it a head-turner on the road. It features an advanced digital console that provides real-time information, including fuel efficiency, speed and helmet reminder, ensuring riders are always informed. Designed for comfort and superior handling, the TVS Raider is ideal for both short city rides and longer journeys, while its advanced safety features, including disc brakes, ensure maximum control and safety on every ride. Powered by Capital Market - Live
TVS Motor Company (TVSM) today announced the launch of new colour variants to the TVS NTORQ 125 and the Race XP series. The new options will appeal to varied preferences. The TVS NTORQ 125 targets young professionals seeking a perfect blend of style and performance. The Race XP is designed for thrillseekers who look for unparalleled power. There has been a notable shift in consumer preferences towards minimalist and modern product designs. TVS NTORQ 125 is therefore widening its base with a trio of vibrant and striking colour options ' Turquoise, Harlequin Blue and Nardo Grey.Additionally, TVS NTORQ Race XP has launched a matte black special edition that combines multiple textures on black, ranging from matte and glossy piano black. The new colour variants of TVS NTORQ are done as an expression of the rider's vibrant personalities. Powered by Capital Market - Live
Net profit of TVS Motor Company rose 6.12% to Rs 460.88 crore in the quarter ended June 2024 as against Rs 434.30 crore during the previous quarter ended June 2023. Sales rose 14.92% to Rs 10406.86 crore in the quarter ended June 2024 as against Rs 9055.51 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales10406.869055.51 15 OPM %13.9013.29 - PBDT985.03853.39 15 PBT738.53626.53 18 NP460.88434.30 6 Powered by Capital Market - Live
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TVS Motor Company records 9% growth in July sales
TVS Motor Company recorded monthly sales of 354,140 units in July 2024 with a growth of 9% as against 325,977 units in the month of July 2023. Total two-wheelers registered a growth of 9% with sales increasing from 312,307 units in July 2023 to 339,676 units in July 2024. Domestic two-wheeler registered growth of 8% with sales increasing from 235,230 units in July 2023 to 254,250 units in July 2024. Motorcycle sales registered a growth of 5% with sales increasing from 153,942 units in July 2023 to 161,074 units in July 2024. Scooter registered a growth of 15% with sales increasing from 121,941 units in July 2023 to 139,995 units in July 2024. EV sales registered a growth of 61% with sales increasing from 13,306 units in July 2023 to 21,442 units in July 2024. The Company's total exports sales registered a growth of 9% with sales increasing from 89,213 units in July 2023 to 97,589 units in July 2024. Two-wheeler exports registered a growth of 11% with sales increasing from 77,077 units in July 2023 to 85,426 units in July 2024. Three-wheeler sales registered a growth of 6% with sales increasing from 13,670 units in July 2023 to 14,464 units in July 2024.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 14.22%, vs industry avg of 7.38%
Increasing Market Share
Over the last 5 years, market share increased from 23.1% to 30.11%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 19.07%, vs industry avg of 7.85%