Share price at the NSE close on 23 Oct 2026. Previous close ₹3,974.00.
- Next results date: the board meets on 28 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,89,094 Cr49th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 21 Jul 2026
- 55.2
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 13 May 2026
- 19.8
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.30%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 21 Jul 2026
- 37.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 21 Jul 2026
- 18.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 13 May 2026
- 2.95
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 7,47,86052.3% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 21 Jul
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹16,296 Crup 8.26%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,058 Crup 29.05%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 6.5%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2018, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty.
| ₹ crore | Sep 2024Filed 24 Oct | Dec 2024Filed 28 Jan | Mar 2025Filed 10 Jun | Jun 2025Filed 31 Jul | Sep 2025Filed 28 Oct | Dec 2025Filed 28 Jan | Mar 2026Filed 13 May | Jun 2026Filed 21 Jul |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11,302 | 11,135 | 11,542 | 12,210 | 14,051 | 14,756 | 15,053 | 16,296 |
| Net profit | 588 | 609 | 698 | 643 | 833 | 891 | 820 | 1,058 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 5.2% | 5.5% | 6.0% | 5.3% | 5.9% | 6.0% | 5.4% | 6.5% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Automotive Vehicles & PartsAutomotive Vehicles & Parts, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹48,907 Crup 29.72%87.2%
- Financial servicesFinancial services, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹7,202 Crup 9.80%12.8%
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.PE ratio and valuation history
At or below today's level on 62% of 2,480 trading days over the last 10 years.
At or below today's level on 90% of 1,983 trading days since Oct 2018.
At or below today's level on 82% of 1,983 trading days since Oct 2018.
At or below today's level on 15% of 2,442 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +39.4% | +35.0% | +2.9% | 0.4% |
| 3 years | +46.5% | +31.5% | +11.2% | 0.4% |
| 5 years | +42.3% | +38.4% | +2.5% | 0.4% |
Mutual funds holding it
402 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 142 of the 208 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 2 more funds filed their first portfolio on record, holding it.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 4
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 7
- AddedAdded. Funds that held more shares than at the end of the month before.
- 100
- CutCut. Funds that held fewer shares than at the end of the month before.
- 108
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 181
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 8
| Fund | |||
|---|---|---|---|
 ICICI Prudential Balanced Advantage FundICICI Prudential Mutual Fund | 1,10,45,331 | 6.31% | ₹4,535.2 Cr |
| ICICI Prudential Flexi Cap FundICICI Prudential Mutual Fund | 58,20,976 | 9.51% | ₹2,390.1 Cr |
| ICICI Prudential Aggressive Hybrid FundICICI Prudential Mutual Fund | 39,81,427 | 3.22% | ₹1,634.8 Cr |
 HDFC Flexi Cap FundHDFC Mutual Fund | 25,35,516 | 0.96% | ₹1,041.1 Cr |
| ICICI Prudential Focused FundICICI Prudential Mutual Fund | 18,07,544 | 4.32% | ₹742.2 Cr |
 Kotak Arbitrage FundKotak Mahindra Mutual Fund | 17,21,650 | 0.94% | ₹706.9 Cr |
 Canara Robeco Large and Mid Cap FundCanara Robeco Mutual Fund | 17,01,021 | 2.84% | ₹698.4 Cr |
| ICICI Prudential ELSS - Tax Saver FundICICI Prudential Mutual Fund | 15,96,136 | 4.86% | ₹655.4 Cr |
| ICICI Prudential Large Cap FundICICI Prudential Mutual Fund | 12,68,587 | 0.68% | ₹520.9 Cr |
 Axis Large Cap FundAxis Mutual Fund | 12,67,572 | 1.78% | ₹520.5 Cr |
Peers and competitors
2/3 Wheelers, 13 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to TVS Motor Company in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Bajaj AutoBAJAJ-AUTO | 2,76,782 | 23.5 | 7.1 | 20.0 | +36.9% | +54.9% | 31.8% | 22.3% | 1.49% |
 Eicher MotorsEICHERMOT | 1,93,977 | 33.6 | 7.7 | 31.4 | +28.1% | +19.3% | 24.9% | 20.7% | 1.16% |
 Hero MotoCorpHEROMOTOCO | 1,01,011 | 18.5 | 4.7 | 13.7 | +25.6% | +8.2% | 26.7% | 29.2% | 3.67% |
 Ather EnergyATHERENERG | 54,731 | – | 21.3 | – | – | – | −25.4% | −15.3% | 0.00% |
 Ola Electric MobilityOLAELEC | 14,961 | – | – | – | −49.2% | – | −41.0% | −26.9% | 0.00% |
 Zelio E MobilityZELIO | 2,157 | 76.0 | 19.3 | – | – | – | 25.5% | – | 0.00% |
 Mercury Ev-TechMERCURYEV | 600 | – | 2.2 | 97.9 | +4.2% | – | – | 0.7% | 0.00% |
 Tunwal E-MotorsTUNWAL | 132 | 10.3 | 1.0 | – | +55.0% | +8.8% | 11.2% | – | 0.44% |
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.| Ex-date | Type | Per share |
|---|---|---|
| 30 Mar 2026 | Interim | ₹12.00 |
| 26 Mar 2025 | Interim | ₹10.00 |
| 19 Mar 2024 | Interim | ₹8.00 |
| 2 Feb 2023 | Interim | ₹5.00 |
| 25 Mar 2022 | Interim | ₹3.75 |
| 30 Mar 2021 | Interim | ₹1.40 |
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
21 Oct · Analysts
20 Oct · Rating
1 Oct · Monthly Business Updates
Sep 2026
TVS Motor Company share price by year
Each calendar year to 2025.TVS Motor Company share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 3,719.80 | +57.1% | 3,719.80 | 2,176.60 |
| 2024 | 2,368.50 | +16.9% | 2,949.70 | 1,899.05 |
| 2023 | 2,025.80 | +86.6% | 2,048.75 | 969.90 |
| 2022 | 1,085.40 | +73.1% | 1,171.45 | 530.10 |
| 2021 | 627.00 | +29.3% | 753.50 | 488.15 |
| 2020 | 485.00 | +3.5% | 510.85 | 252.95 |
| 2019 | 468.45 | −18.0% | 564.55 | 344.50 |
| 2018 | 571.25 | −25.9% | 774.85 | 494.70 |
| 2017 | 770.70 | +113.8% | 785.05 | 367.65 |
| 2016 | 360.50 | +24.4% | 412.10 | 264.40 |
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 3,978.00 | 3,987.90 | 3,898.10 | 3,980.20 | 3,937.85 | 7,47,860 | 52.3% |
| 22 Oct 2026 | 3,950.20 | 4,006.60 | 3,915.00 | 3,974.00 | 3,962.71 | 6,11,070 | 56.9% |
| 21 Oct 2026 | 4,079.00 | 4,093.60 | 3,931.30 | 3,992.60 | 3,978.04 | 4,88,520 | 54.6% |
| 19 Oct 2026 | 4,094.10 | 4,138.00 | 4,055.00 | 4,074.00 | 4,095.84 | 4,72,084 | 42.0% |
| 16 Oct 2026 | 4,050.00 | 4,110.00 | 4,012.20 | 4,095.10 | 4,081.45 | 4,71,482 | 50.6% |
| 15 Oct 2026 | 3,969.70 | 4,064.00 | 3,942.40 | 4,020.00 | 4,024.36 | 5,86,537 | 51.9% |
| 14 Oct 2026 | 4,011.00 | 4,011.00 | 3,941.50 | 3,969.70 | 3,967.01 | 4,87,864 | 59.1% |
| 13 Oct 2026 | 3,875.00 | 4,012.70 | 3,821.20 | 4,011.50 | 3,963.92 | 6,15,234 | 43.0% |
| 12 Oct 2026 | 3,877.20 | 3,964.40 | 3,877.20 | 3,940.30 | 3,936.12 | 6,90,998 | 51.9% |
| 9 Oct 2026 | 3,830.00 | 3,892.90 | 3,741.90 | 3,866.80 | 3,841.78 | 10,88,205 | 45.4% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus share history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 8 Sep 2010 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
| 23 Apr 2009 | Price move | – | Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for. |
| 21 Jan 2008 | Price move | – | Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for. |
About TVS Motor Company
TVS Motor Company Limited makes motorcycles, petrol and electric scooters, mopeds and three-wheelers, and also sells parts and accessories. Its customers range from commuters and daily riders to performance enthusiasts and urban customers seeking connected mobility. The registered office is in Chennai, and the company was incorporated in 1992.
Motorcycle brands include TVS Apache, TVS Raider and TVS Radeon. Scooters include TVS Jupiter and TVS NTORQ, and electric scooters include TVS iQube and TVS Orbiter. Three-wheelers are sold as the TVS King range, which includes a cargo model. After-sales service runs through TVS Care, with about 4,500 authorised service centres.
Two subsidiaries extend the business beyond vehicles. TVS Credit Services Limited is a retail non-banking finance company that lends for two-wheelers, three-wheelers, used cars, tractors and consumer durables. DriveX Mobility Private Limited procures, refurbishes and retails pre-owned multi-brand two-wheelers.
The company has three plants in India, at Hosur, Mysuru and Nalagarh, and manufactures in Indonesia as well. Its vehicles are sold in over 90 countries. Research and design centres of excellence operate in Bologna, Jakarta and Hosur.
The company acquired the British motorcycle brand Norton in the year to March 2021. Norton's production is based at Solihull in the United Kingdom. In October 2025 the company acquired Engines Engineering S.p.A. of Italy and set up a global centre of excellence for design and engineering in Bologna. Sundaram Auto Components Limited was merged into the company with effect from May 2026.
- Legal name
- TVS Motor Company Limited
- NSE symbol
- TVSMOTOR
- BSE code
- 532343
- ISIN
- INE494B01023
- Industry
- Automobiles
- Listed
- Jul 2000 on BSE, Aug 2000 on NSE
- Face value
- ₹1
- Former symbols
- TVS-SUZUKI
- CIN
- L35921TN1992PLC022845
- Corporate identity number, the registrar of companies' code for it