About
TVS Holdings Limited provides automotive vehicles and parts in India and internationally. It offers two and three-wheelers; and mobility solutions through a portfolio of e-bikes, e-cargo bikes, and matching accessories. The company also provides unsecured loans; financing services for two wheelers, used cars, used and new tractors, used commercial vehicles, and consumer durables; and digital finance products, gold and mid corporate loans, and personal loans. In addition, it is involved in the procurement, refurbishment, and retailing of the pre-owned multi-brand two-wheeler motorcycles and scooters through its own stores, as well as through its franchisee dealers; and trading of spare parts, accessories, and engine oils for two-wheelers. Further, the company offers digital / information technology and other related services; and solutions across auto tech and fintech platforms. Additionally, it engages in investment activities. The company was formerly known as Sundaram-Clayton Limited and changed its name to TVS Holdings Limited in July 2023. TVS Holdings Limited was incorporated in 1962 and is based in Chennai, India.
Key Metrics
as of Sep 2026Market Cap27,081 Cr
P/E13.60
Div Yield0.01 %
Book Value₹3,201.00
52w High₹16,297.00
52w Low₹12,030.00
Face Value₹5.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 17,076.00 | 15,588.00 | 15,276.00 | 14,549.00 | 12,742.00 | 11,800.00 | 11,359.00 | 11,554.00 | 10,383.00 | 10,025.00 | 10,014.00 | 10,607.00 | 9,584.00 |
| Expenses | 14,301.00 | 13,189.00 | 12,815.00 | 12,288.00 | 10,741.00 | 9,908.00 | 9,544.00 | 9,878.00 | 8,907.00 | 8,508.00 | 8,474.00 | 9,124.00 | 8,232.00 |
| Operating Profit | 2,775.00 | 2,399.00 | 2,461.00 | 2,261.00 | 2,002.00 | 1,893.00 | 1,815.00 | 1,677.00 | 1,476.00 | 1,517.00 | 1,540.00 | 1,483.00 | 1,351.00 |
| OPM % | 16.00 | 15.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 15.00 | 14.00 | 15.00 | 15.00 | 14.00 | 14.00 |
| Other Income | 7.00 | 30.00 | -35.00 | 13.00 | 11.00 | 18.00 | 22.00 | 8.00 | 15.00 | 19.00 | 7.00 | 11.00 | 1.00 |
| Depreciation | 381.00 | 372.00 | 361.00 | 341.00 | 332.00 | 309.00 | 260.00 | 261.00 | 242.00 | 264.00 | 244.00 | 252.00 | 265.00 |
| Interest | 708.00 | 653.00 | 651.00 | 651.00 | 663.00 | 635.00 | 551.00 | 522.00 | 517.00 | 532.00 | 516.00 | 517.00 | 477.00 |
| Profit before tax | 1,693.00 | 1,404.00 | 1,414.00 | 1,282.00 | 1,019.00 | 967.00 | 1,026.00 | 901.00 | 732.00 | 740.00 | 787.00 | 726.00 | 611.00 |
| Tax % | 31.00 | 38.00 | 31.00 | 31.00 | 34.00 | 33.00 | 33.00 | 34.00 | 34.00 | 37.00 | 32.00 | 37.00 | 33.00 |
| Net Profit | 1,174.00 | 865.00 | 969.00 | 880.00 | 675.00 | 644.00 | 685.00 | 599.00 | 481.00 | 464.00 | 532.00 | 457.00 | 409.00 |
| EPS in Rs | 302.10 | 209.96 | 244.14 | 219.24 | 166.11 | 140.09 | 191.11 | 137.76 | 107.37 | 114.97 | 111.03 | 112.83 | 97.25 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 58,154.00 | 44,993.00 | 39,882.00 | 33,662.00 | 25,605.00 | 20,347.00 | 19,891.00 | 21,548.00 | 17,512.00 | 13,498.00 | 12,464.00 | 11,340.00 |
| Expenses | 49,032.00 | 38,149.00 | 34,122.00 | 29,356.00 | 22,599.00 | 17,911.00 | 17,447.00 | 19,205.00 | 15,973.00 | 12,494.00 | 11,506.00 | 10,622.00 |
| Operating Profit | 9,122.00 | 6,844.00 | 5,760.00 | 4,306.00 | 3,006.00 | 2,437.00 | 2,444.00 | 2,343.00 | 1,539.00 | 1,004.00 | 959.00 | 717.00 |
| OPM % | 16.00 | 15.00 | 14.00 | 13.00 | 12.00 | 12.00 | 12.00 | 11.00 | 9.00 | 7.00 | 8.00 | 6.00 |
| Other Income | 20.00 | 70.00 | 59.00 | 118.00 | 8.00 | -11.00 | -40.00 | 28.00 | 121.00 | 171.00 | 102.00 | 98.00 |
| Interest | 2,617.00 | 2,223.00 | 2,032.00 | 1,424.00 | 985.00 | 929.00 | 910.00 | 719.00 | 372.00 | 88.00 | 102.00 | 99.00 |
| Depreciation | 1,406.00 | 1,067.00 | 1,011.00 | 986.00 | 845.00 | 643.00 | 649.00 | 534.00 | 447.00 | 377.00 | 317.00 | 238.00 |
| Profit before tax | 5,119.00 | 3,624.00 | 2,776.00 | 2,013.00 | 1,184.00 | 854.00 | 845.00 | 1,118.00 | 841.00 | 710.00 | 641.00 | 478.00 |
| Tax % | 34.00 | 34.00 | 36.00 | 34.00 | 30.00 | 31.00 | 26.00 | 33.00 | 25.00 | 23.00 | 26.00 | 29.00 |
| Net Profit | 3,390.00 | 2,409.00 | 1,782.00 | 1,333.00 | 824.00 | 592.00 | 627.00 | 750.00 | 629.00 | 547.00 | 472.00 | 345.00 |
| EPS in Rs | 839.45 | 576.33 | 396.23 | 321.61 | 218.19 | 160.24 | 166.89 | 213.93 | 167.39 | 163.47 | 144.49 | 105.01 |
| Dividend Payout % | 10.00 | 16.00 | 24.00 | 18.00 | 20.00 | 16.00 | 19.00 | 17.00 | 9.00 | 19.00 | 28.00 | 18.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Reserves | 6,456.00 | 4,677.00 | 2,830.00 | 3,231.00 | 5,069.00 | 2,894.00 | 2,453.00 | 2,464.00 | 2,141.00 | 1,857.00 | 1,513.00 | 1,278.00 |
| Borrowings | 36,156.00 | 32,488.00 | 26,232.00 | 25,013.00 | 16,593.00 | 12,853.00 | 12,314.00 | 10,022.00 | 7,593.00 | 1,665.00 | 1,461.00 | 1,497.00 |
| Other Liabilities | 21,031.00 | 16,720.00 | 15,458.00 | 10,869.00 | 8,662.00 | 7,551.00 | 5,835.00 | 5,674.00 | 5,016.00 | 3,785.00 | 3,233.00 | 2,740.00 |
| Total Liabilities | 63,653.00 | 53,895.00 | 44,530.00 | 39,123.00 | 30,334.00 | 23,309.00 | 20,612.00 | 18,170.00 | 14,761.00 | 7,317.00 | 6,216.00 | 5,525.00 |
| Fixed Assets | 8,943.00 | 7,519.00 | 5,630.00 | 6,931.00 | 6,339.00 | 4,850.00 | 4,460.00 | 4,030.00 | 3,627.00 | 2,851.00 | 2,468.00 | 2,040.00 |
| CWIP | 2,074.00 | 1,482.00 | 1,029.00 | 821.00 | 560.00 | 1,050.00 | 1,017.00 | 756.00 | 396.00 | 101.00 | 69.00 | 102.00 |
| Investments | 1,217.00 | 1,320.00 | 1,204.00 | 1,022.00 | 644.00 | 673.00 | 472.00 | 618.00 | 607.00 | 1,333.00 | 1,055.00 | 601.00 |
| Other Assets | 51,419.00 | 43,574.00 | 36,667.00 | 30,348.00 | 22,790.00 | 16,735.00 | 14,663.00 | 12,766.00 | 10,131.00 | 3,032.00 | 2,624.00 | 2,782.00 |
| Total Assets | 63,653.00 | 53,895.00 | 44,530.00 | 39,123.00 | 30,334.00 | 23,309.00 | 20,612.00 | 18,170.00 | 14,761.00 | 7,317.00 | 6,216.00 | 5,525.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1,137.00 | 3,535.00 | -867.00 | -4,111.00 | -1,548.00 | 1,215.00 | 458.00 | -710.00 | 324.00 | 838.00 | 1,075.00 | 138.00 |
| Cash from Investing Activity | -3,015.00 | -2,857.00 | 961.00 | -1,439.00 | -1,705.00 | -979.00 | -1,055.00 | -1,324.00 | -1,379.00 | -818.00 | -715.00 | -461.00 |
| Cash from Financing Activity | 1,792.00 | 1,209.00 | 847.00 | 5,979.00 | 3,116.00 | 261.00 | 1,795.00 | 2,085.00 | 1,198.00 | -61.00 | -373.00 | 179.00 |
| Net Cash Flow | -86.00 | 1,886.00 | 941.00 | 429.00 | -137.00 | 496.00 | 1,199.00 | 51.00 | 143.00 | -40.00 | -13.00 | -144.00 |
| Free Cash Flow | -2,064.00 | 1,082.00 | -1,341.00 | -5,574.00 | -2,568.00 | 238.00 | -551.00 | -2,009.00 | -954.00 | 80.00 | 430.00 | -288.00 |
| CFO/OP % | 32.00 | 70.00 | 5.00 | -79.00 | -38.00 | 60.00 | 29.00 | -16.00 | 43.00 | 98.00 | 130.00 | 40.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 17.00 | 14.00 | 17.00 | 16.00 | 19.00 | 22.00 | 29.00 | 29.00 | 27.00 | 23.00 | 19.00 | 19.00 |
| Inventory Days | 26.00 | 33.00 | 60.00 | 39.00 | 44.00 | 46.00 | 42.00 | 41.00 | 44.00 | 55.00 | 48.00 | 58.00 |
| Days Payable | 104.00 | 103.00 | 99.00 | 92.00 | 107.00 | 124.00 | 97.00 | 84.00 | 94.00 | 83.00 | 76.00 | 77.00 |
| Cash Conversion Cycle | -61.00 | -57.00 | -22.00 | -37.00 | -43.00 | -57.00 | -25.00 | -14.00 | -22.00 | -5.00 | -8.00 | 0.00 |
| Working Capital Days | -34.00 | -38.00 | -32.00 | -25.00 | 81.00 | 71.00 | 93.00 | -1.00 | -36.00 | -22.00 | -17.00 | -7.00 |
| ROCE % | 17.00 | 15.00 | 15.00 | 12.00 | 11.00 | 11.00 | 12.00 | 15.00 | 16.00 | 19.00 | 20.00 | 18.00 |
Corporate Actions
47 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 02 Apr 2026 | 02 Apr 2026 | — | 86.00 | |
| Dividend | 28 Mar 2025 | 28 Mar 2025 | — | 93.00 | |
| Dividend | 02 Apr 2024 | 02 Apr 2024 | — | 94.00 | |
| Other | 24 Aug 2023 | 24 Aug 2023 | — | — | Spin Off |
| Other | 24 Aug 2023 | 24 Aug 2023 | — | — | Demerger |
| Bonus | 24 Mar 2023 | 24 Mar 2023 | 1:116 | — | |
| Other | 24 Mar 2023 | 24 Mar 2023 | — | — | Scheme of Arrangement |
| Dividend | 03 Feb 2023 | 03 Feb 2023 | — | 59.00 | |
| Dividend | 29 Mar 2022 | 30 Mar 2022 | — | 44.00 | |
| Dividend | 30 Mar 2021 | 02 Apr 2021 | — | 11.00 | |
| Dividend | 04 Feb 2021 | 06 Feb 2021 | — | 15.00 | |
| Dividend | 17 Mar 2020 | 18 Mar 2020 | — | 31.00 | |
| Dividend | 18 Mar 2019 | 19 Mar 2019 | — | 16.00 | |
| Dividend | 31 Jan 2019 | 02 Feb 2019 | — | 20.00 | |
| Dividend | 22 Mar 2018 | 23 Mar 2018 | — | 15.00 | |
| Dividend | 20 Mar 2017 | 21 Mar 2017 | — | 16.50 | |
| Dividend | 10 Nov 2016 | 11 Nov 2016 | — | 15.00 | |
| Dividend | 21 Mar 2016 | 22 Mar 2016 | — | 20.00 | |
| Dividend | 16 Feb 2016 | 17 Feb 2016 | — | 21.00 | |
| Other | 14 Aug 2015 | — | — | — | Annual General Meeting |
| Dividend | 13 May 2015 | 14 May 2015 | — | 6.00 | |
| Dividend | 25 Mar 2015 | 26 Mar 2015 | — | 4.00 | |
| Dividend | 09 Feb 2015 | 10 Feb 2015 | — | 9.00 | |
| Other | 13 Aug 2014 | — | — | — | Annual General Meeting |
| Other | 11 Jul 2014 | 14 Jul 2014 | — | — | E-Voting |
| Dividend | 19 May 2014 | 20 May 2014 | — | 6.50 | |
| Dividend | 24 Mar 2014 | 25 Mar 2014 | — | 3.75 | |
| Dividend | 31 Oct 2013 | 04 Nov 2013 | — | 9.00 | |
| Other | 21 Aug 2013 | — | — | — | Annual General Meeting |
| Dividend | 13 May 2013 | 14 May 2013 | — | 5.00 | |
| Other | 13 May 2013 | 14 May 2013 | — | — | Interim Dividen Rs 5 Per Share |
| Dividend | 13 Feb 2013 | 14 Feb 2013 | — | 9.00 | |
| Other | 26 Nov 2012 | — | — | — | Annual General Meeting |
| Other | 07 Sep 2012 | 10 Sep 2012 | — | — | Scheme of Arrangement |
| Dividend | 26 Apr 2012 | 27 Apr 2012 | — | 5.75 | |
| Dividend | 17 Aug 2011 | — | — | 3.25 | |
| Dividend | 02 Feb 2011 | 03 Feb 2011 | — | 2.50 | |
| Dividend | 17 Aug 2010 | — | — | 1.25 | |
| Dividend | 29 Jan 2010 | 01 Feb 2010 | — | 0.50 | |
| Bonus | 09 Oct 2009 | 12 Oct 2009 | 1:1 | — | |
| Dividend | 04 Sep 2009 | — | — | 1.00 | |
| Dividend | 12 Dec 2008 | 15 Dec 2008 | — | 1.00 | |
| Dividend | 29 Aug 2008 | — | — | 1.75 | |
| Other | 24 Apr 2008 | 02 May 2008 | — | — | Scheme of Arrangement |
| Dividend | 02 Nov 2007 | 05 Nov 2007 | — | 7.00 | |
| Dividend | 26 Sep 2007 | — | — | 2.00 | |
| Dividend | 04 Sep 2001 | — | — | 3.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update14 Aug from crisil
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Rating update24 Jul from crisil
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Rating update13 Apr from crisil
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Rating update9 Feb from care
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Rating update25 Nov 2025 from care
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Rating update30 Sep 2025 from crisil