TVSSRICHAK
TVS Srichakra share price & financials
- Price
- ₹4,128.5
- Market cap
- ₹3.9k Cr
What TVS Srichakra Limited does
TVS Srichakra manufactures two-wheeler, three-wheeler and off-highway (agricultural, industrial and construction) tyres, sold domestically under the TVS Eurogrip and TVS Tyres brands and internationally including via its US-based Super Grip subsidiary. It supplies tyres directly to two- and three-wheeler original equipment manufacturers and also sells through a domestic replacement/aftermarket network of depots, distributors and retailers, while exporting to markets across six continents. Product design and testing is supported by a Design Centre in Milan, Italy working alongside the company's R&D centre in Madurai. The company is a member of the TVS Mobility group.
Segments
- Two & Three-Wheeler Tyres (2W/3W)
- Off-Highway Tyres (OHT)
- Manufacturing plants
- 4 (two units in Madurai, Tamil Nadu; two units at Pant Nagar, Rudrapur, Uttarakhand)
- Product range
- 1,000+ tyre products across 2W/3W and off-highway categories
- Export countries
- 90+
- Domestic district coverage
- 480+ districts
- Major domestic distributors
- 500+
- International distributors
- 380+ across 6 continents
Quarterly results
Q1 FY27: revenue up 30.4%, net profit up 161.5% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 842 | 803 | 818 | 819 | 926 +10% | 917 +14% | 981 +20% | 1,068 +30% |
| EBITDA | 59 | 44 | 67 | 48 | 66 +12% | 78 +77% | 87 +30% | 81 +69% |
| Net profit | 10 | -6 | 10 | 13 | 11 +10% | 11 +283% | 36 +260% | 34 +162% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +74.9% 1Y
1Y: ₹2,941.8 on 10 Sept 2025 → ₹5,146. High ₹5,525.5 (1 Sept 2026), low ₹2,890.5 (11 Sept 2025).
Financials, as filed
Revenue grew 6.9% a year over 3 years, FY23 to FY26. Operating margin held at 7.7%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹3.0k Cr | ₹2.9k Cr | ₹3.3k Cr | ₹3.6k Cr |
| Operating profit | ₹229 Cr | ₹297 Cr | ₹225 Cr | ₹279 Cr |
| Operating margin | 7.7% | 10.2% | 6.9% | 7.7% |
| Interest | ₹39 Cr | ₹45 Cr | ₹54 Cr | ₹50 Cr |
| Depreciation | ₹92 Cr | ₹105 Cr | ₹129 Cr | ₹143 Cr |
| Net profit | ₹78 Cr | ₹108 Cr | ₹21 Cr | ₹71 Cr |
| Net margin | 2.6% | 3.7% | 0.6% | 1.9% |
| Cash from operations | ₹206 Cr | ₹228 Cr | ₹197 Cr | ₹297 Cr |
| Free cash flow | ₹206 Cr | ₹228 Cr | ₹202 Cr | ₹297 Cr |
| ROCE | 9.0% | 11.0% | 5.0% | 8.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹8 Cr | ₹8 Cr | ₹8 Cr | ₹8 Cr | ₹8 Cr | ₹8 Cr |
| Reserves | ₹817 Cr | ₹963 Cr | ₹1.0k Cr | ₹1.1k Cr | ₹1.1k Cr | ₹1.2k Cr |
| Borrowings | ₹208 Cr | ₹610 Cr | ₹662 Cr | ₹842 Cr | ₹795 Cr | ₹767 Cr |
| Other liabilities | ₹590 Cr | ₹779 Cr | ₹757 Cr | ₹739 Cr | ₹974 Cr | ₹1.1k Cr |
| Total liabilities | ₹1.6k Cr | ₹2.4k Cr | ₹2.5k Cr | ₹2.7k Cr | ₹2.9k Cr | ₹3.0k Cr |
| Fixed assets | ₹666 Cr | ₹708 Cr | ₹905 Cr | ₹1.1k Cr | ₹1.2k Cr | ₹1.2k Cr |
| Capital work in progress | ₹63 Cr | ₹226 Cr | ₹145 Cr | ₹143 Cr | ₹70 Cr | ₹67 Cr |
| Investments | ₹101 Cr | ₹254 Cr | ₹255 Cr | ₹260 Cr | ₹392 Cr | ₹414 Cr |
| Other assets | ₹793 Cr | ₹1.2k Cr | ₹1.1k Cr | ₹1.2k Cr | ₹1.3k Cr | ₹1.4k Cr |
| Total assets | ₹1.6k Cr | ₹2.4k Cr | ₹2.5k Cr | ₹2.7k Cr | ₹2.9k Cr | ₹3.0k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, DIIs added +1.23 pp while the public trimmed −1.17 pp. The shareholder count shrank 10% to 23,926.
- Promoters
- 45.7%
- FIIs
- 0.9%
- DIIs
- 6.2%
- Public
- 47.2%
Since Jun 2025
- DIIs +1.23 pp
- Public −1.17 pp
- FIIs −0.07 pp
How it drifted, 12 quarters
Over this window DIIs went from 2.8% to 6.2% — +3.4 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 45.7%, FIIs 1.1%, DIIs 2.8%, Public 50.4%.Dec '23: Promoters 45.7%, FIIs 1.2%, DIIs 5.0%, Public 48.1%.Mar '24: Promoters 45.7%, FIIs 1.0%, DIIs 5.0%, Public 48.2%.Jun '24: Promoters 45.7%, FIIs 1.0%, DIIs 5.0%, Public 48.3%.Sep '24: Promoters 45.7%, FIIs 1.1%, DIIs 5.0%, Public 48.3%.Dec '24: Promoters 45.7%, FIIs 1.0%, DIIs 5.0%, Public 48.3%.Mar '25: Promoters 45.7%, FIIs 1.1%, DIIs 5.0%, Public 48.3%.Jun '25: Promoters 45.7%, FIIs 1.0%, DIIs 5.0%, Public 48.4%.Sep '25: Promoters 45.7%, FIIs 1.0%, DIIs 5.0%, Public 48.2%.Dec '25: Promoters 45.7%, FIIs 1.0%, DIIs 6.2%, Public 47.2%.Mar '26: Promoters 45.7%, FIIs 1.0%, DIIs 6.2%, Public 47.2%.Jun '26: Promoters 45.7%, FIIs 0.9%, DIIs 6.2%, Public 47.2%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Quant Mutual Fund Mutual fund newly disclosed 5.00% held
- Bank Of India Mutual Fund Mutual fund newly disclosed 1.02% held
The same filing shows 0 holders trimming and 2 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of TVS Srichakra Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Tvs Mobility Private Limited | 37.52% | unchanged |
| Quant Mutual Fund Mutual fund | 5.00% | newly disclosed |
| Shobhana Ramachandhran | 3.88% | unchanged |
| Gagandeep Credit Capital Pvt Ltd | 3.75% | unchanged |
| Nilesh Kishor Shah | 2.23% | unchanged |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 1.98% | unchanged |
| R Naresh | 1.89% | unchanged |
| Nitya Kalyanee Investment Limited | 1.59% | unchanged |
| Bank Of India Mutual Fund Mutual fund | 1.02% | newly disclosed |
| Mr R HARESH (on behalf of SUNDARAM TRUST) | 0.81% | unchanged |
| R Haresh | 0.01% | unchanged |
| Bank-Foreign Bank | 0.01% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse TVS Srichakra Limited
Guides on how to read this kind of business and the numbers that matter.