TVS Motor Company financials

·Auto & MobilityChart ›
Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹19,474cr+38.6% on Q2 FY26
Net profit
₹1,219cr+46.4% on Q2 FY26
EBITDA margin
14.0%−1.1 pts on Q2 FY26
EPS
₹25.14+50.2% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue19,47414,051+38.6%
EBITDA2,7262,122+28.4%
EBITDA margin14.0%15.1%−1.1 pts
Profit before tax1,7961,236+45.3%
Net profit1,219833+46.4%
EPS₹25.14₹16.74+50.2%

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹19,474 crNet profit₹1,219 crNet margin6.3%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
2,01,438————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
6,0944,4464,6302,5192,043
9481,149939728405
31,62431,62427,61625,28721,626
2,27,915————
65,57856,07044,08939,14531,974
—+27.2%+12.6%+22.4%—
9,5408,3936,6495,5434,067
14.5%15.0%15.1%14.2%12.7%
8,1907,1215,6034,5683,209
3,9883,1862,3801,7791,309
6.1%5.7%5.4%4.5%4.1%
₹80.55₹63.53₹47.05₹35.50₹27.97
—+35.0%+32.6%+26.9%—
—1,8673,503−1,253−4,405
—−3,235−2,478−1,145−1,341
−1,368−1,3681,025−2,398−5,746
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

TVSMOTOR₹4,239.90

TVS Motor Company Ltd.

· Auto & Mobility
₹ CrorePeersHEROMOTOCOBAJAJ-AUTOEICHERMOTHYUNDAIBOSCHLTDMOTHERSONTMPVMARUTIMcap ₹2.01L Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————2,01,437.6
- Cash, Equiv & ST Investments2,043.12,519.04,630.34,446.56,093.9
+ Minority Interest404.9727.6938.91,148.6947.6
+ Total Debt21,626.225,286.627,615.831,623.931,623.9
Enterprise Value————2,27,915.3
Revenue31,974.039,144.744,089.056,069.565,578.2
Growth %, YoY—+22.4+12.6+27.2—
EBITDA4,067.45,543.46,648.78,393.39,540.1
Margin %12.7214.1615.0814.9714.55
EBIT3,208.54,568.35,603.27,120.78,190.5
Net Income1,309.51,778.52,379.83,186.43,987.9
Margin %4.104.545.405.686.08
EPS, Adj (current shares)27.9735.5047.0563.5380.55
Growth %, YoY—+26.9+32.6+35.0—
Cash from Operations-4,404.8-1,252.73,502.91,866.6—
Capital Expenditures-1,340.8-1,145.2-2,478.1-3,235.1—
Free Cash Flow-5,745.6-2,397.81,024.9-1,368.5-1,368.5
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

TVS Motor financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

TVS Motor (NSE: TVSMOTOR) had a market capitalisation of ₹2,03,343 crore at the 29 October 2026 close (₹4,280.00 a share), a PE ratio of 53.1 on the last four quarters' profit and a price-to-book ratio of 17.92. In FY26 its consolidated net profit attributable to shareholders was ₹3,018 crore on revenue of ₹56,070 crore; in Q2 FY27 (July–September 2026) it was ₹1,195 crore, up 50.2% year on year. Its debt-to-equity ratio was 3.08 on 30 September 2026. Promoters held 50.27% of the shares on 30 September 2026.

TVS Motor Q2 FY27 results
filed 28 October 2026
Share price used
₹4,280.00 · 29 October 2026 close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026
Share price and live chart
₹4,280.00 · 29 Oct close

TVS Motor at a glance · consolidated

Market cap
₹2,03,343 Crat ₹4,280.00 · 29 Oct close
PE ratio (last 4 quarters)
53.167.4 on FY26 profit
Price to book (PB)
17.92book value ₹238.85 a share
ROE (FY26)
33.4%+4.2 pts vs FY25ROCE 29.0%
Debt to equity
3.08net debt ₹30,173 Cr
Promoter holding
50.27%unchanged vs 30 Jun 202630 September 2026
Dividend yield
0.28%₹12 a share in 12 months
Net worth
₹11,348 Cr+39.8% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
−₹1,368 Cr

Questions

What is the TVS Motor PE ratio today?

TVS Motor's PE ratio is 53.1 at the 29 October 2026 close (₹4,280.00 a share): a market capitalisation of ₹2,03,343 crore divided by consolidated net profit attributable to shareholders of ₹3,827 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit attributable to shareholders (₹3,018 crore) it is 67.4.

What is the TVS Motor PB ratio (price to book value)?

TVS Motor's price-to-book (PB) ratio is 17.92 at the 29 October 2026 close: a market capitalisation of ₹2,03,343 crore divided by shareholders' equity (book value) of ₹11,348 crore on 30 September 2026. That is a book value of ₹238.85 per share against a share price of ₹4,280.00.

What is the TVS Motor net worth?

TVS Motor's net worth — shareholders' equity in its consolidated balance sheet — was ₹11,348 crore on 30 September 2026, up 39.8% from ₹8,116 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹2,03,343 crore at the 29 October 2026 close.

What is the TVS Motor market cap?

TVS Motor's market capitalisation was ₹2,03,343 crore (₹2.03 lakh crore) at the 29 October 2026 close: 47.51 crore shares at ₹4,280.00 each.

Is TVS Motor debt free?

No. TVS Motor had borrowings of ₹37,887 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 3.08. Its cash and current investments were ₹7,713 crore, so its net debt was ₹30,173 crore.

What is the TVS Motor EPS?

TVS Motor's basic earnings per share (EPS) were ₹63.53 in FY26, against ₹47.05 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹80.55.

What is the TVS Motor debt to equity ratio?

TVS Motor's debt-to-equity ratio was 3.08 on 30 September 2026: borrowings of ₹37,887 crore against total equity of ₹12,295 crore. A year earlier, on 30 September 2025, it was 3.35.

What is the TVS Motor dividend in 2026 and its record date?

In 2026, TVS Motor has declared one dividend: ₹12 (interim) with record date 31 March 2026 and ex-date 30 March 2026.

What is the TVS Motor promoter holding?

Promoters held 50.27% of TVS Motor on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

What is the TVS Motor ROE and ROCE?

In FY26, TVS Motor's return on equity (ROE) was 33.4% and its return on capital employed (ROCE) was 29.0%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 29.3% and ROCE 24.4%.

What is the TVS Motor shareholding pattern?

On 30 September 2026, TVS Motor's shares were held by promoters 50.27%, foreign portfolio investors (FII/FPI) 21.39%, domestic institutions (DII) 20.29% (including mutual funds at 15.58%) and retail and other non-institutional investors 8.03%. Over the year, FII holding was down 1.50 percentage points from 22.89% and DII holding was up 1.94 percentage points from 18.35%.

What are the TVS Motor latest quarterly results?

TVS Motor's latest results are for Q2 FY27 (July–September 2026), filed on 28 October 2026: consolidated net profit attributable to shareholders ₹1,195 crore, up 50.2% from ₹795 crore in Q2 FY26; revenue from operations ₹19,474 crore, up 38.6% year on year.

What is the TVS Motor book value per share?

TVS Motor's book value per share was ₹238.85 on 30 September 2026: shareholders' equity of ₹11,348 crore divided by the 47.51 crore shares in issue, up 39.8% from ₹170.82 a year earlier. The share price at the 29 October 2026 close was ₹4,280.00.

What is the TVS Motor dividend yield?

TVS Motor's dividend yield is 0.28% at the 29 October 2026 close: dividends of ₹12 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹4,280.00. They were ₹12 on 30 March 2026 (interim).

What is the TVS Motor free cash flow?

In FY26, TVS Motor generated ₹1,867 crore of cash from operations and spent ₹3,235 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹1,368 crore. In FY25 it was ₹1,025 crore.

What is the TVS Motor revenue and profit in FY26?

In FY26 (April 2025–March 2026), TVS Motor's consolidated net profit attributable to shareholders was ₹3,018 crore, up 35.0% from ₹2,236 crore in FY25, on revenue from operations of ₹56,070 crore (up 27.2%). Over three years, from FY23, net profit was up 127.2%.

When are the TVS Motor next results?

TVS Motor has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

How does the TVS Motor PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, TVS Motor's PE ratio is 67.4, the highest of the four: Hero MotoCorp 17.8, Bajaj Auto 26.6 and Eicher Motors 36.0, a peer average of 26.8. Each is the company's market capitalisation at that price divided by its FY26 net profit.

How does TVS Motor compare with its peers?

On FY26 consolidated figures, against Hero MotoCorp, Bajaj Auto and Eicher Motors: TVS Motor's operating margin of 12.7% is the lowest of the four (Hero MotoCorp 13.1%, Bajaj Auto 19.7%, Eicher Motors 21.1%; peer average 18.0%); its return on equity of 33.4% is the highest of the four (Hero MotoCorp 28.1%, Bajaj Auto 29.0%, Eicher Motors 23.8%; peer average 27.0%); its revenue growth over three years of 20.6% a year is the highest of the four (Hero MotoCorp 11.6% a year, Bajaj Auto 19.9% a year, Eicher Motors 17.5% a year; peer average 16.3% a year).

TVS Motor vs Hero MotoCorp: how do they compare?

In FY26, TVS Motor earned net profit attributable to shareholders of ₹3,018 crore on revenue of ₹56,070 crore, against ₹5,742 crore on ₹47,411 crore for Hero MotoCorp. TVS Motor's operating margin was 12.7% (Hero MotoCorp 13.1%) and its return on equity 33.4% (Hero MotoCorp 28.1%). At the 29 October 2026 close, TVS Motor's market capitalisation was ₹2,03,343 crore against ₹1,02,177 crore for Hero MotoCorp, and its PE ratio on FY26 profit 67.4 against 17.8.

Where do these TVS Motor figures come from?

From TVS Motor's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.