About
TVS Srichakra Limited manufactures and sells two-wheeler, three-wheeler, and other industrial tires to original equipment manufacturers (OEMs) and replacement markets in India and internationally. The company offers industrial pneumatic, farm and implement, floatation and other multi-purpose, off-highway (OHT), terrain vehicles, skid steer construction, and OTR tires under the TVS Eurogrip, TVS Tyres, and Eurogrip brands. It also manufactures, sells, and trades in tires, tubes, and flaps. The company serves its products through a network of depots, distributors, and retailers. It also exports its products. TVS Srichakra Limited was incorporated in 1982 and is headquartered in Madurai, India.
Key Metrics
as of Sep 2026Market Cap4,013 Cr
P/E39.20
Div Yield0.72 %
Book Value₹1,554.00
52w High₹5,760.00
52w Low₹2,815.00
Face Value₹10.00
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 | 1,068.00 | 981.00 | 917.00 | 926.00 | 819.00 | 818.00 | 803.00 | 842.00 | 791.00 | 765.00 | 719.00 | 740.00 | 702.00 |
| Expenses | 987.00 | 894.00 | 838.00 | 861.00 | 771.00 | 752.00 | 758.00 | 783.00 | 736.00 | 688.00 | 650.00 | 649.00 | 642.00 |
| Operating Profit | 81.00 | 87.00 | 78.00 | 66.00 | 48.00 | 67.00 | 44.00 | 59.00 | 55.00 | 77.00 | 68.00 | 91.00 | 61.00 |
| OPM % | 8.00 | 9.00 | 9.00 | 7.00 | 6.00 | 8.00 | 6.00 | 7.00 | 7.00 | 10.00 | 10.00 | 12.00 | 9.00 |
| Other Income | 13.00 | 10.00 | -13.00 | 0.00 | 20.00 | -3.00 | -5.00 | 3.00 | 0.00 | -6.00 | 2.00 | -1.00 | 3.00 |
| Depreciation | 37.00 | 37.00 | 36.00 | 36.00 | 34.00 | 37.00 | 32.00 | 31.00 | 29.00 | 28.00 | 27.00 | 26.00 | 24.00 |
| Interest | 12.00 | 12.00 | 12.00 | 12.00 | 14.00 | 14.00 | 14.00 | 13.00 | 13.00 | 13.00 | 10.00 | 10.00 | 12.00 |
| Profit before tax | 45.00 | 48.00 | 17.00 | 18.00 | 20.00 | 12.00 | -6.00 | 18.00 | 12.00 | 31.00 | 33.00 | 54.00 | 28.00 |
| Tax % | 25.00 | 25.00 | 34.00 | 40.00 | 36.00 | 22.00 | 8.00 | 43.00 | 44.00 | 22.00 | 28.00 | 28.00 | 25.00 |
| Net Profit | 34.00 | 36.00 | 11.00 | 11.00 | 13.00 | 10.00 | -6.00 | 10.00 | 7.00 | 24.00 | 24.00 | 39.00 | 21.00 |
| EPS in Rs | 44.43 | 47.13 | 14.56 | 14.51 | 16.82 | 12.52 | -7.80 | 13.46 | 8.72 | 31.06 | 31.47 | 51.09 | 27.36 |
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 | 3,643.00 | 3,254.00 | 2,926.00 | 2,985.00 | 2,543.00 | 1,939.00 | 2,104.00 | 2,431.00 | 2,152.00 | 1,961.00 | 2,185.00 | 2,176.00 |
| Expenses | 3,358.00 | 3,024.00 | 2,625.00 | 2,751.00 | 2,373.00 | 1,709.00 | 1,887.00 | 2,168.00 | 1,899.00 | 1,676.00 | 1,858.00 | 1,958.00 |
| Operating Profit | 285.00 | 230.00 | 301.00 | 234.00 | 170.00 | 230.00 | 217.00 | 263.00 | 253.00 | 284.00 | 326.00 | 219.00 |
| OPM % | 8.00 | 7.00 | 10.00 | 8.00 | 7.00 | 12.00 | 10.00 | 11.00 | 12.00 | 14.00 | 15.00 | 10.00 |
| Other Income | 17.00 | -5.00 | -2.00 | 4.00 | 4.00 | 5.00 | 10.00 | 12.00 | 15.00 | 5.00 | 23.00 | -7.00 |
| Interest | 57.00 | 60.00 | 48.00 | 44.00 | 34.00 | 33.00 | 39.00 | 37.00 | 31.00 | 22.00 | 22.00 | 33.00 |
| Depreciation | 142.00 | 129.00 | 104.00 | 92.00 | 80.00 | 104.00 | 100.00 | 85.00 | 69.00 | 56.00 | 44.00 | 42.00 |
| Profit before tax | 103.00 | 37.00 | 146.00 | 101.00 | 59.00 | 98.00 | 87.00 | 153.00 | 169.00 | 211.00 | 284.00 | 137.00 |
| Tax % | 31.00 | 44.00 | 26.00 | 23.00 | 27.00 | 24.00 | 6.00 | 33.00 | 31.00 | 29.00 | 33.00 | 29.00 |
| Net Profit | 71.00 | 21.00 | 108.00 | 78.00 | 43.00 | 74.00 | 82.00 | 103.00 | 116.00 | 148.00 | 190.00 | 98.00 |
| EPS in Rs | 93.02 | 26.92 | 140.98 | 101.85 | 56.77 | 96.54 | 107.53 | 134.44 | 151.68 | 192.79 | 243.09 | 130.11 |
| Dividend Payout % | 41.00 | 63.00 | 34.00 | 32.00 | 29.00 | 31.00 | 19.00 | 30.00 | 26.00 | 26.00 | 25.00 | 26.00 |
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 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 |
| Reserves | 1,183.00 | 1,176.00 | 1,104.00 | 1,027.00 | 963.00 | 817.00 | 737.00 | 721.00 | 631.00 | 553.00 | 404.00 | 275.00 |
| Borrowings | 767.00 | 886.00 | 842.00 | 662.00 | 610.00 | 208.00 | 351.00 | 426.00 | 312.00 | 315.00 | 145.00 | 274.00 |
| Other Liabilities | 1,082.00 | 906.00 | 739.00 | 757.00 | 779.00 | 590.00 | 520.00 | 655.00 | 475.00 | 515.00 | 412.00 | 414.00 |
| Total Liabilities | 3,039.00 | 2,976.00 | 2,694.00 | 2,453.00 | 2,359.00 | 1,622.00 | 1,616.00 | 1,809.00 | 1,426.00 | 1,391.00 | 969.00 | 970.00 |
| Fixed Assets | 1,161.00 | 1,167.00 | 1,084.00 | 905.00 | 708.00 | 666.00 | 687.00 | 662.00 | 620.00 | 532.00 | 384.00 | 382.00 |
| CWIP | 67.00 | 98.00 | 143.00 | 145.00 | 226.00 | 63.00 | 48.00 | 34.00 | 26.00 | 63.00 | 44.00 | 18.00 |
| Investments | 414.00 | 392.00 | 260.00 | 255.00 | 254.00 | 101.00 | 97.00 | 97.00 | 68.00 | 49.00 | 49.00 | 1.00 |
| Other Assets | 1,397.00 | 1,319.00 | 1,207.00 | 1,149.00 | 1,171.00 | 793.00 | 785.00 | 1,016.00 | 711.00 | 748.00 | 493.00 | 569.00 |
| Total Assets | 3,039.00 | 2,976.00 | 2,694.00 | 2,453.00 | 2,359.00 | 1,622.00 | 1,616.00 | 1,809.00 | 1,426.00 | 1,391.00 | 969.00 | 970.00 |
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 | 297.00 | 197.00 | 228.00 | 206.00 | -62.00 | 307.00 | 299.00 | 64.00 | 185.00 | 64.00 | 400.00 | 244.00 |
| Cash from Investing Activity | -103.00 | -154.00 | -325.00 | -202.00 | -282.00 | -92.00 | -136.00 | -120.00 | -102.00 | -215.00 | -120.00 | -84.00 |
| Cash from Financing Activity | -187.00 | -47.00 | 101.00 | 0.00 | 348.00 | -215.00 | -169.00 | 52.00 | -79.00 | 149.00 | -271.00 | -158.00 |
| Net Cash Flow | 7.00 | -3.00 | 3.00 | 4.00 | 4.00 | 1.00 | -5.00 | -4.00 | 5.00 | -3.00 | 9.00 | 2.00 |
| Free Cash Flow | 297.00 | 202.00 | 228.00 | 206.00 | -347.00 | 210.00 | 161.00 | -71.00 | 81.00 | -157.00 | 315.00 | 158.00 |
| CFO/OP % | 111.00 | 91.00 | 88.00 | 99.00 | -21.00 | 142.00 | 151.00 | 43.00 | 92.00 | 42.00 | 151.00 | 130.00 |
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 | 41.00 | 39.00 | 35.00 | 27.00 | 34.00 | 46.00 | 36.00 | 51.00 | 41.00 | 38.00 | 29.00 | 38.00 |
| Inventory Days | 128.00 | 154.00 | 159.00 | 161.00 | 198.00 | 149.00 | 135.00 | 123.00 | 95.00 | 138.00 | 63.00 | 74.00 |
| Days Payable | 92.00 | 97.00 | 91.00 | 85.00 | 102.00 | 102.00 | 70.00 | 83.00 | 50.00 | 67.00 | 34.00 | 52.00 |
| Cash Conversion Cycle | 77.00 | 96.00 | 103.00 | 102.00 | 131.00 | 93.00 | 101.00 | 91.00 | 86.00 | 109.00 | 58.00 | 59.00 |
| Working Capital Days | -19.00 | -13.00 | 6.00 | 6.00 | 36.00 | 28.00 | 18.00 | 4.00 | -3.00 | 0.00 | 5.00 | 7.00 |
| ROCE % | 8.00 | 5.00 | 11.00 | 9.00 | 7.00 | 12.00 | 11.00 | 18.00 | 22.00 | 32.00 | 50.00 | 30.00 |
Corporate Actions
26 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 04 Sep 2025 | 05 Sep 2025 | — | 16.89 | |
| Dividend | 30 Aug 2024 | — | — | 47.34 | |
| Dividend | 04 Sep 2023 | — | — | 32.05 | |
| Dividend | 02 Sep 2022 | — | — | 16.30 | |
| Dividend | 25 Aug 2021 | — | — | 30.00 | |
| Other | 08 Sep 2020 | — | — | — | Annual General Meeting |
| Dividend | 17 Mar 2020 | 18 Mar 2020 | — | 20.10 | |
| Dividend | 03 Sep 2019 | — | — | 40.00 | |
| Dividend | 18 Sep 2018 | — | — | 40.00 | |
| Dividend | 14 Aug 2017 | — | — | 50.70 | |
| Other | 14 Sep 2016 | — | — | — | Annual General Meeting |
| Dividend | 18 Mar 2016 | 21 Mar 2016 | — | 30.00 | |
| Dividend | 16 Feb 2016 | 17 Feb 2016 | — | 30.00 | |
| Dividend | 10 Sep 2015 | — | — | 33.80 | |
| Dividend | 04 Sep 2014 | — | — | 16.00 | |
| Dividend | 18 Sep 2013 | — | — | 7.50 | |
| Dividend | 18 Sep 2012 | — | — | 13.50 | |
| Dividend | 26 Jul 2011 | — | — | 12.50 | |
| Other | 14 Sep 2010 | — | — | — | Annual General Meeting |
| Dividend | 16 Feb 2010 | 17 Feb 2010 | — | 10.00 | |
| Dividend | 14 Sep 2009 | — | — | 3.50 | |
| Dividend | 08 Sep 2008 | — | — | 3.50 | |
| Dividend | 30 Aug 2007 | — | — | 2.50 | |
| Dividend | 22 Aug 2002 | — | — | 3.50 | |
| Dividend | 20 Jul 2001 | — | — | 3.50 | |
| Dividend | 17 Jul 2001 | — | — | 3.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update7 Nov 2025 from fitch
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Rating update8 Nov 2024 from fitch
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Rating update22 Apr 2024 from crisil
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Rating update9 Nov 2023 from fitch
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Rating update25 Apr 2023 from crisil
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Rating update14 Dec 2022 from fitch