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TVS Motor Company share price & results

TVS Motor Company Limited· Automobile and Auto Components· Consumer Discretionary

Results to
Sept 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

World's No.4 two-wheeler maker; motorcycles, scooters, mopeds & three-wheelers across 90+ countries

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Inve AI Signals on TVSMOTOR
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Guidance Hit Rate
14 targets · 60% hit rate 3 achieved · 9 active →
Segment Shift
2 segments tracked See revenue & margin mix below →
Reverse DCF
Reality Gap Ready Test priced-in growth in DCF tool →
Concall & Tone
Q1 FY27 analysed Read claims, qualifiers & Q&A →

Price & Snapshot

₹4,239.9 +3.74% · +₹152.9

Last close 28 Oct 2026 · NSE · INR · Source: Inve

Performance +16.5% 1Y

₹3.5k₹4.0k₹4.5kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 28 Oct 2025Q3 FY26 — 28 Jan 2026Q4 FY26 — 13 May 2026Q1 FY27 — 28 Jul 2026

1Y: ₹3,639.9 on 27 Oct 2025 → ₹4,239.9. High ₹4,466.2 (10 Aug 2026), low ₹3,283.4 (19 May 2026).

Previous close
₹4,087
Market cap
₹2.0L Cr
52-week range
₹3,283.4 – ₹4,466.2
One year
+19.03%
Price to earnings (TTM to Sept 2026)
52.21×
Return on equity (TTM to Sept 2026)
34.00%

Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue19,474 ₹ crore+38.6% YoYQuarterly, as filedQuarter to Sept 2026Revenue from operations as filed.
Operating margin14.0 %−1.0 pts YoYOperating profit / revenueQuarter to Sept 2026For the quarter; a change is in percentage points.
Net profit1,219 ₹ crore+46.3% YoYQuarterly, as filedQuarter to Sept 2026Profit after tax as filed.
Return on equity34.00 %+5.9 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-2.28 %−4.6 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)34.28 %+13.5 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Sept 2026

Business Mix

Where revenue comes from

2 operating segments · As of 30 Jun 2026

Automotive Vehicles & Parts 87.4% · ₹14,398.15 Cr
Financial services 12.6% · ₹2,068.41 Cr

Explore full multi-period segment shift & margins →

Guidance

What management said, and what became of it

3 of 5 judged targets kept · 9 open · verdicts reflect calls analysed to Q1 FY27.

TVS Motor Company Limited management guidance track record on Inve: 14 targets tracked across analysed earnings calls (3 achieved, 2 missed, 9 open).

TargetOriginal wordingSaidLatest callVerdict
Company Growth vs Industrygrowing ahead of the industry
Call transcript, Q4 FY25 · 5 May 2025		Q4 FY25Q1 FY27:Target period (FY26) is complete. Final verdict was achieved.
Call transcript, Q1 FY27 · 28 Jul 2026		Achieved
FY26 CapexINR 1,800 crores for FY26
Call transcript, Q4 FY25 · 5 May 2025		Q4 FY25Q1 FY27:Target period (FY26) is complete. Final verdict was ghosted.
Call transcript, Q1 FY27 · 28 Jul 2026		Ghosted
EBITDA Margincontinuously improve profitability
Call transcript, Q4 FY25 · 5 May 2025		Q4 FY25Q1 FY27:Q1 FY27 margin at 12.8%, up 30 bps YoY from 12.5%. Management reiterated focus to 'further improve our EBITDA journey'.
Call transcript, Q1 FY27 · 28 Jul 2026		On Track

Source: Inve Guidance Tracker for TVS Motor Company Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

2 of TVS Motor Company Limited's 14 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 11 more targets are in the full ledger.

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Live Summary

TVSMOTOR ₹4,239.9 +3.74%
Guidance Verdict (14 tracked) 3 kept · 9 open· 2 missed
AI Call Brief · Q1 FY27

TVS Motor Company Limited Q1 FY27

Overview

Symbol
NSE:TVSMOTOR
Industry
Consumer Discretionary
Exchange
NSE
Currency
INR

What TVS Motor Company Limited does

Based on the company's own presentations, annual report and earnings calls.

TVS Motor Company is one of the world's largest two- and three-wheeler manufacturers, making motorcycles, scooters, mopeds, electric two-wheelers and three-wheelers. It earns revenue by manufacturing and selling these vehicles across India and export markets, backed by an in-house R&D and racing pedigree and a wide dealer and after-sales service network. Its portfolio spans mass-commuter to premium-performance bikes and includes electric vehicles under the iQube and King EV brands, alongside international brands such as Norton Motorcycles (UK) and TVS's Swiss e-bike business.

Segments

  • Motorcycles
  • Scooters
  • Mopeds
  • Three-wheelers
Global rank in two-wheelers
World's 4th-largest two-wheeler manufacturer
Users of TVSM vehicles worldwide
63 million
Manufacturing units
Five (three in India, one in Indonesia, one in the UK)
Markets / countries served
90+ countries
Dealer network
Over 8,000 dealers across 3,800 cities in India and 4,000 cities globally
After-sales network
4,500+ authorised service centres and 10,000+ certified technicians
Founded 1992Headquarters Hosur, Tamil Nadu, India Company website

How the price took the results

close before → close after

Q1 FY27
+3.0%
28 Jul
Q4 FY26
−0.9%
13 May
Q3 FY26
+4.5%
28 Jan
Q2 FY26
−2.1%
28 Oct

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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