TVS Motor (532343) Stock Overview
Engages in the manufacture and sale of automotive vehicles and components, spare parts, and accessories in India and South Africa. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 4/6 |
| Past Performance | 5/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
532343 Community Fair Values
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Analyst Price Targets
TVS Motor Company Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹3,692.45 |
| 52 Week High | ₹3,970.00 |
| 52 Week Low | ₹2,625.40 |
| Beta | 0.077 |
| 1 Month Change | -0.15% |
| 3 Month Change | -1.86% |
| 1 Year Change | 38.44% |
| 3 Year Change | 198.67% |
| 5 Year Change | 512.19% |
| Change since IPO | 45,053.78% |
Recent News & Updates
Narrative Update • Apr 29
532343: Global EV Partnerships And Export Expansion Will Support Long Term Outlook
Analysts have raised their price target on TVS Motor from ₹4,500 to ₹4,800. This reflects an updated view that factors in a slightly higher discount rate, adjusted assumptions for revenue growth and profit margins, and a higher future P/E multiple.
Narrative Update • Apr 14
532343: EV And International Expansion Will Support Steady Long Term Prospects
Analysts have nudged their price target on TVS Motor slightly lower from about ₹3,960 to roughly ₹3,920, reflecting updated assumptions around the discount rate, revenue growth, profit margins and future P/E multiples. What's in the News Launched the TVS Armado 200 three wheeler in Indonesia, targeting commercial and logistics use with an 840 kg payload capacity, a 197.75 cc oil cooled engine, and introductory pricing of IDR 34,900,000 during the launch period (Key Developments).Narrative Update • Mar 31
532343: EV Expansion And Africa Re Entry Will Support Strong Long Term Prospects
Analysts have nudged their TVS Motor price target slightly higher from about ₹3,906 to around ₹3,961, reflecting updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E that are broadly consistent with prior views. What's in the News The Board declared an interim dividend of ₹12 per share on 47,50,87,114 equity shares of ₹1 each, with a record date of 31 March 2026 and payment expected within 30 days of declaration, absorbing about ₹5,700m for FY26 (Board filing).Recent updates
Narrative Update • Apr 29
532343: Global EV Partnerships And Export Expansion Will Support Long Term Outlook
Analysts have raised their price target on TVS Motor from ₹4,500 to ₹4,800. This reflects an updated view that factors in a slightly higher discount rate, adjusted assumptions for revenue growth and profit margins, and a higher future P/E multiple.Narrative Update • Apr 14
532343: EV And International Expansion Will Support Steady Long Term Prospects
Analysts have nudged their price target on TVS Motor slightly lower from about ₹3,960 to roughly ₹3,920, reflecting updated assumptions around the discount rate, revenue growth, profit margins and future P/E multiples. What's in the News Launched the TVS Armado 200 three wheeler in Indonesia, targeting commercial and logistics use with an 840 kg payload capacity, a 197.75 cc oil cooled engine, and introductory pricing of IDR 34,900,000 during the launch period (Key Developments).Narrative Update • Mar 31
532343: EV Expansion And Africa Re Entry Will Support Strong Long Term Prospects
Analysts have nudged their TVS Motor price target slightly higher from about ₹3,906 to around ₹3,961, reflecting updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E that are broadly consistent with prior views. What's in the News The Board declared an interim dividend of ₹12 per share on 47,50,87,114 equity shares of ₹1 each, with a record date of 31 March 2026 and payment expected within 30 days of declaration, absorbing about ₹5,700m for FY26 (Board filing).
Narrative Update • Mar 17
532343: Elevated Expectations On Modest Margin Gains May Pressure Future Returns
Analysts have lifted their fair value estimate for TVS Motor from about ₹2,117 to roughly ₹2,828, citing updated assumptions around revenue growth, profit margins, discount rate and future P/E levels. What's in the News Launch of the TVS Orbiter V1 electric scooter with a 1.8 kWh battery, expanding the company’s EV lineup with a more accessible city-focused model that offers a certified IDC range of 86 km and charging from 0 to 80% in about 2 hours and 20 minutes (Key Developments).Narrative Update • Mar 03
532343: Broader Global Offerings And CNG Expansion Will Support Long Term Outlook
Analysts have trimmed their price target on TVS Motor from ₹4,650 to ₹4,500. This reflects updated assumptions for slightly lower revenue growth, profit margins and future P/E, along with a marginally reduced discount rate.Narrative Update • Feb 17
532343: Global Rollouts And EV Initiatives Will Support Steady Long-Term Prospects
Analysts have maintained their fair value estimate for TVS Motor at ₹3,905.63 per share. They explained the unchanged target by slightly adjusting underlying inputs such as a lower discount rate and a marginally different future P/E assumption, while keeping revenue growth and profit margin expectations broadly consistent.Narrative Update • Feb 02
532343: Global Expansion And New Offerings Will Support Balanced Long-Term Prospects
Analysts have raised their fair value estimate for TVS Motor from ₹3,664.61 to ₹3,905.63, citing updated assumptions on the discount rate, revenue growth, profit margin and future P/E multiples. What's in the News Board meeting on Dec 15, 2025 to consider seeking shareholder consent via postal ballot for appointing Ms Kalpana Unadkat as a Non Executive Independent Director.Narrative Update • Jan 19
532343: Expanded Product Pipeline Will Support Stronger Long Term Outlook
Analysts have raised their price target on TVS Motor from ₹4,300 to ₹4,650, citing updated assumptions around revenue growth, profit margins, discount rate and future P/E, which together support a higher fair value estimate. What's in the News Board meeting scheduled for Jan 28, 2026 to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025 (company announcement).Narrative Update • Jan 05
532343: Product Expansion And Lower Discount Rate Will Support Bullish Outlook
The analyst fair value estimate for TVS Motor has been revised from ₹4,155.78 to ₹4,300.00, as analysts adjust their assumptions around the discount rate, long term revenue growth, profit margins, and future P/E expectations. What's in the News TVS Motor has scheduled a board meeting on Oct 28, 2025 to review unaudited standalone and consolidated financial results for the quarter ended Sep 30, 2025 and related regulatory disclosures, including a security cover certificate and an accompanying press release and presentation on the company’s financial performance (Key Developments).Narrative Update • Dec 21
532343: Global Design Expansion And New Models Will Support Balanced Long-Term Prospects
Narrative Update Analysts have modestly raised their price target on TVS Motor to ₹3,664.61, reflecting slightly higher profit margin expectations that more than offset marginal tweaks to the discount rate and growth assumptions. What's in the News TVS Motor is establishing a Global Centre of Excellence for Design and Engineering in Bologna, Italy, and acquiring 100% of Engines Engineering S.p.A. to accelerate premium and electric mobility product development (Business Expansions).Narrative Update • Dec 07
532343: New Offerings And Global Expansion Will Support Balanced Long-Term Outlook
Analysts have modestly raised their price target on TVS Motor to ₹3,664.61 from ₹3,621.42, citing slightly stronger expectations for revenue growth, profit margins, and future valuation multiples. What's in the News Launched refreshed TVS King three wheeler range, including Deluxe Plus and Deluxe Plus XL, aimed at strengthening market share in Western Africa with a larger fuel tank, a wider cabin and enhanced durability features (company announcement).Narrative Update • Nov 23
532343: New Offerings And European Expansion Will Maintain Balanced Long-Term Prospects
Analysts have slightly adjusted their price target for TVS Motor, maintaining the fair value at ₹3,621. They cite minor changes in financial assumptions and continued confidence in the company’s long-term outlook.Narrative Update • Nov 08
532343: Product Launches And Margin Expansion Will Support Measured Upside Expectations
Analysts have raised their price target for TVS Motor from ₹3,349 to ₹3,621. They cited improved profit margins and a lower perceived discount rate as key factors driving the upward revision.Narrative Update • Oct 25
Electrification And Global Expansion Will Accelerate Segment Leadership And Market Presence
Analysts have raised their price target for TVS Motor from ₹3,280.81 to ₹3,349.05. This change reflects slight improvements in projected revenue growth and profit margins.Narrative Update • Oct 11
Rapid Urbanization And EV Adoption Will Expand The Global Footprint
Analysts have raised their price target on TVS Motor from ₹3,222.51 to ₹3,280.81. This reflects modest improvements in revenue growth and profit margin expectations.Narrative Update • Sep 20
Rapid Urbanization And EV Adoption Will Expand The Global Footprint
The upward revision in TVS Motor’s price target reflects improved consensus revenue growth forecasts and a lower discount rate, resulting in an increased fair value estimate from ₹2998 to ₹3223. What's in the News TVS Motor and Noise launched India's first EV-smartwatch integration, enhancing connectivity and safety features for the iQube electric scooter, which surpassed 650,000 unit sales.Narrative Update • Sep 05
Rapid Urbanization And EV Adoption Will Expand The Global Footprint
TVS Motor’s consensus revenue growth forecast has edged higher, underpinning a marginal increase in its fair value estimate to ₹2998. What's in the News TVS Motor launched the TVS Orbiter electric scooter with segment-first features including 158 km IDC range, 14" front wheel, cruise control, hill hold assist, 34-litre boot space, and advanced connectivity, at a price of 99,900.
New Narrative • Nov 11
Driving Global Expansion And Innovation To Ignite EV Market Leadership
Strategic focus on EVs and premium motorcycles is expected to boost product offerings, enhancing margins and earnings.Shareholder Returns
| 532343 | IN Auto | IN Market | |
|---|---|---|---|
| 7D | 5.7% | 4.6% | 2.1% |
| 1Y | 38.4% | 11.6% | 8.1% |
Return vs Industry: 532343 exceeded the Indian Auto industry which returned 8% over the past year.
Return vs Market: 532343 exceeded the Indian Market which returned 6.1% over the past year.
Price Volatility
| 532343 volatility | |
|---|---|
| 532343 Average Weekly Movement | 5.2% |
| Auto Industry Average Movement | 5.7% |
| Market Average Movement | 7.1% |
| 10% most volatile stocks in IN Market | 10.2% |
| 10% least volatile stocks in IN Market | 4.7% |
Stable Share Price: 532343 has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: 532343's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1992 | 6,522 | K. Radhakrishnan | www.tvsmotor.com |
TVS Motor Company Limited, together with its subsidiaries, engages in the manufacture and sale of automotive vehicles and components, spare parts, and accessories in India and South Africa. It operates through Automotive Vehicles & Parts and Related Investments; and Investment Held in Financial Services segments. The company offers motorcycles under the Apache RTR, Apache RR, Ronin, Raider, Radeon, StaR City+, and Sport brand names; scooters under the Jupiter, Jupiter 1255, Ntorq, and Zest 110 brands; electric vehicles under the TVS X and iQUBE brands; mopeds under the XL 100 brand name; and three wheelers under the TVS King brand name.
TVS Motor Company Limited Fundamentals Summary
| 532343 fundamental statistics | |
|---|---|
| Market cap | ₹1.75t |
| Earnings (TTM) | ₹28.84b |
| Revenue (TTM) | ₹524.81b |
60.8x
P/E Ratio3.3x
P/S RatioIs 532343 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 532343 income statement (TTM) | |
|---|---|
| Revenue | ₹524.81b |
| Cost of Revenue | ₹326.05b |
| Gross Profit | ₹198.76b |
| Other Expenses | ₹169.92b |
| Earnings | ₹28.84b |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
May 13, 2026
| Earnings per share (EPS) | 60.71 |
| Gross Margin | 37.87% |
| Net Profit Margin | 5.50% |
| Debt/Equity Ratio | 346.1% |
How did 532343 perform over the long term?
See historical performance and comparisonDividends
0.3%
Current Dividend Yield20%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/08 14:25 |
| End of Day Share Price | 2026/05/08 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
TVS Motor Company Limited is covered by 74 analysts. 33 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Annamalai Jayaraj | 360 ONE Capital Market Private Limited |
| Ashwin Mehta | Ambit Capital |
| Amey Dargude | Ambit Capital |