Minerva Capital Research Solutions

TVS Holdings

NSE: TVSHLTDBSE: 520056
Compare with peers
₹ 11,800.00▲ 349 (+3.05%)28 Oct, 03:29 pm IST
Market cap
₹ 22,185 Cr.
P/E
12x
P/B
3.52x
52-week range
10,790 – 16,297
ROE
31%
ROCE
17%
Dividend yield
0.8%
Debt / equity
5.78
Sector
Finance
Industry
Investment Company
Listed on
NSE, BSE

About

TVS Holdings Limited is an India-based company engaged in the business of automotive components and investing activities. The Company's segments include Automotive components, Automotive Vehicles & Parts, Financial Services, and Others. It manufactures aluminum pressure die castings for heavy commercial vehicles, passenger cars and two-wheelers. Its product range includes flywheel housing, gear housing, clutch housing, filter heads, air connectors, lube oil cooler cover assembly, filtration module casting, turbocharger, compressor cover assembly, charge air pipe, intake manifold, cover coolant duct for the truck segment; cylinder head, case transaxle assembly, oil pan, chain case, cylinder head cover, adaptor oil filter, fuel pump housing, fork gear shift, starter housing; crankcase, cylinder head, cylinder barrel, wheel hub for powered two wheelers and brake equipment valve bodies. It is a supplier of aluminum die castings to the automotive, and non-automotive sectors.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Investment Company: 66 companies →

TVS Holdings against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)12 against a typical 40.7: cheaper than most peers (1st = cheapest).17th of 66
  • Sales growth+34% against a typical +16.7% from a year earlier.21st of 55
  • Profit growth+73.9% against a typical 0% from a year earlier.10th of 50
  • Share price, 3 months−20.3% against a typical −10.3%.59th of 66
  • Size₹ 22,185.5 Cr. market value against a typical ₹ 171.2 Cr. (1st = largest).5th of 61

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

High safety

Rated AA+ by 2 agencies
AA+
DefaultRiskyModerateSafeVery safe
  • All agencies agree and none has raised a warning.
AgencyCurrent ratingOutlookAs of
CARECARE AA+Stable8 Sep 2026
CRISILCrisil AA+Stable14 Aug 2026
Credit rating actions
RatingDetails
8 Sep 2026
New rating
CARE AA+—CARE₹ 930.68 Cr.
14 Aug 2026
Reaffirmed
Crisil AA+—CRISIL₹ 1,000 Cr.
24 Jul 2026
Reaffirmed
Crisil AA+—CRISIL₹ 1,000 Cr.
13 Apr 2026
Withdrawn
was Crisil AA+—CRISIL₹ 1,650 Cr.
9 Feb 2026
Reaffirmed
CARE AA+—CARE₹ 950 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
28 Oct 2026UpcomingFinancial ResultsTo consider and approve the financial results for the period ended September 30, 2026
21 Jul 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
13 May 2026Financial Results/Fund RaisingTo consider and approve the financial results for the period ended March 31, 2026 and Fund Raising
25 Mar 2026DividendTo consider dividend
28 Jan 2026Fund RaisingTo consider Fund Raising
28 Oct 2025Financial ResultsTo consider and approve the Unaudited (Limited Reviewed) financial results for the quarter ended 30th September 2025 (Standalone and Consolidated).
22 Sep 2025BonusA meeting of the Board of Directors of the Company is being convened on Monday, 22nd September 2025, inter-alia, to consider the issuance of Cumulative Non-Convertible Redeemable Preference Shares by way of Bonus, to the shareholders of the Company.

Share price

1Y change −22.8%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales10,60710,01410,02510,38311,55411,35911,80012,74214,54915,27615,58817,076
Expenses9,1248,4748,5088,9079,8789,5449,90810,74112,28812,81513,18914,301
Operating Profit1,4831,5401,5171,4761,6771,8151,8932,0022,2612,4612,3992,775
OPM %14%15%15%14%15%16%16%16%16%16%15%16%
Other Income1171915822181113−35307
Interest517516532517522551635663651651653708
Depreciation252244264242261260309332341361372381
Profit before tax7267877407329011,0269671,0191,2821,4141,4041,693
Tax %37%32%37%34%34%33%33%34%31%31%38%31%
Net Profit4575324644815996856446758809698651,174
EPS in Rs112.83111.03114.97107.37137.76191.11140.09166.11219.24244.14209.96302.1

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
17%
5 Years
23%
3 Years
20%
TTM
32%
Compounded Profit Growth
10 Years
20%
5 Years
39%
3 Years
40%
TTM
56%
Stock Price CAGR
10 Years
22%
5 Years
36%
3 Years
45%
TTM
—
Return on Equity
10 Years
20%
5 Years
23%
3 Years
29%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
74.45%
0 pts in a year
FIIs
3.25%
+0.41 pts in a year
DIIs
9.79%
−0.23 pts in a year
Government
0%
0 pts in a year
Public
12.5%
−0.18 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 12xEPS (12 months) ₹ 983.97Median P/E 17.3x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
TVS Holdings₹ 11,800.00₹ 22,185 Cr.12x3.5x31%—
Samvardhana Motherson International₹ 151.00₹ 1,59,367 Cr.35.1x3.7x10.2%3.2%
Cummins India₹ 4,338.90₹ 1,20,274 Cr.62.3x17.8x29.5%19.5%
Bosch₹ 44,045.85₹ 1,29,918 Cr.51.3x8.1x19.4%13.8%
UNO Minda₹ 1,052.00₹ 60,749 Cr.54.8x9.8x19.1%6.5%
Sona Blw Precision Forgings₹ 752.80₹ 46,984 Cr.64.6x7.3x11.2%14.1%

Management

K. Gopala Desikan
Group Chief Financial Officer, Executive Director
Sudarshan Venu
Managing Director, Executive Director
Rajappa Raja Prakash
Company Secretary

Prices are delayed and for information only. Nothing on this page is investment advice.