TVS Supply Chain Solutions
- Market cap
- ₹ 4,803 Cr.
- P/E
- 67.7x
- P/B
- 2.46x
- 52-week range
- 90.32 – 146.5
- ROE
- 10%
- ROCE
- 10%
- Dividend yield
- 0%
- Debt / equity
- 1.36
- Sector
- Transport Services
- Industry
- Logistics Solution Provider
- Listed on
- NSE, BSE
About
TVS Supply Chain Solutions Limited is an India-based company. The Company is a supply chain solutions provider. Its integrated supply chain solutions include consultancy, strategic sourcing and procurement, manufacturing support, warehousing and fulfillment, integrated packaging solutions, transportation solutions, and reverse logistics. Its network solutions include global forwarding solutions and integrated final mile. Its global forwarding solutions include air freight, ocean freight, land freight, customs brokerage, intermodal and multimodal, project logistics, purchase order management, and dangerous goods (DG). Its integrated final mile solutions include courier services, spare parts logistics, technical deployment and maintenance, and technical repair and refurbishment. It serves automotive, healthcare, beverage, industrial, consumer, rail, defense, telecommunication, e-commerce and omnichannel; tech and tech infra, financial services, and utilities.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Logistics Solution Provider: 83 companies →TVS Supply Chain Solutions 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)67.7 against a typical 16.3: pricier than most peers (1st = cheapest).72nd of 82
- Sales growth+28.7% against a typical +15.2% from a year earlier.23rd of 65
- Profit growth−69% against a typical +4.8% from a year earlier.50th of 51
- Share price, 3 months−18.8% against a typical −6.1%.63rd of 75
- Size₹ 4,802.7 Cr. market value against a typical ₹ 127.3 Cr. (1st = largest).6th of 82
Latest announcements
Exchange filings and their impact on the company.
- TVS SCS capitalised its 51:49 JV with ALA Mena via ~2 crore share allotment, a small growth-positive step.
TVS Supply Chain Solutions said its JV, TVS SCS ALA India (formerly TVS Packaging Solutions), allotted 1,99,90,000 equity shares on October 6, 2026 to TVS SCS and ALA Mena in a 51:49 ratio, following shareholder approval on September 24, 2026. This implements the joint venture agreement approved on June 4, 2026 with ALA Mena Engines and Machinery Spare Parts Trading. The infusion is small versus TVS SCS scale and is aimed at growing its packaging solutions business with a MENA partner.
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 India Ratings- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| India Ratings | IND AA; IND A1+ | Positive | 6 Jul 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 6 Jul 2026 | Rating action | IND AA | — | India Ratings | ₹ 887 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 10 Aug 2026 | Financial Results | To consider and approve the unaudited financial results for the quarter ended June 30, 2026 |
| 25 May 2026 | Financial Results | To consider and approve the Audited Standalone and Consolidated Financial Statements for the quarter and year ended March 31, 2026. |
| 10 Feb 2026 | Financial Results | To consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2025 |
| 13 Nov 2025 | Financial Results | To consider and approve the Unaudited Standalone and Consolidated financial results of TVS Supply Chain Solutions Limited for the Quarter and Half year ended September 30, 2025 |
| 8 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 28 May 2025 | Financial Results | To consider and approve the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,263 | 2,222 | 2,426 | 2,539 | 2,513 | 2,445 | 2,499 | 2,592 | 2,663 | 2,716 | 3,032 | 3,335 |
| Expenses | 2,078 | 2,060 | 2,261 | 2,358 | 2,323 | 2,294 | 2,330 | 2,415 | 2,481 | 2,510 | 2,814 | 3,110 |
| Operating Profit | 185 | 162 | 165 | 182 | 190 | 151 | 169 | 177 | 182 | 206 | 218 | 225 |
| OPM % | 8% | 7% | 7% | 7% | 8% | 6% | 7% | 7% | 7% | 8% | 7% | 7% |
| Other Income | −13 | 22 | 16 | 7 | 8 | 9 | 14 | 95 | 12 | −1 | 8 | 14 |
| Interest | 57 | 44 | 38 | 40 | 41 | 39 | 37 | 38 | 33 | 42 | 45 | 45 |
| Depreciation | 142 | 140 | 139 | 135 | 140 | 136 | 133 | 130 | 137 | 147 | 156 | 161 |
| Profit before tax | −26 | 1 | 5 | 14 | 18 | −15 | 13 | 103 | 23 | 16 | 26 | 32 |
| Tax % | 54% | −1,565% | −9% | 46% | 40% | 57% | 130% | 31% | 30% | 30% | 29% | 30% |
| Net Profit | −41 | 10 | 5 | 7 | 11 | −24 | −4 | 71 | 16 | 11 | 18 | 22 |
| EPS in Rs | −1.13 | 0.22 | 0.1 | 0.15 | 0.21 | −0.56 | −0.11 | 1.6 | 0.35 | 0.24 | 0.4 | 0.47 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 10%
- 3 Years
- 3%
- TTM
- 17%
- 10 Years
- —
- 5 Years
- 29%
- 3 Years
- 71%
- TTM
- −37%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- −1%
- 3 Years
- 1%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| TVS Supply Chain Solutions | ₹ 111.43 | ₹ 4,803 Cr. | 67.7x | 2.5x | 10% | — |
| Delhivery | ₹ 370.00 | ₹ 27,724 Cr. | 226x | 3.8x | 1.6% | 1.5% |
| Urban Company | ₹ 132.65 | ₹ 20,457 Cr. | — | 8.9x | −11.9% | −15.1% |
| Indegene | ₹ 570.00 | ₹ 13,763 Cr. | 29.5x | 3.9x | 13.9% | 11.4% |
| BLS International Services | ₹ 208.70 | ₹ 8,593 Cr. | 14.2x | 3.9x | 32.7% | 24.1% |
| Axiscades Technologies | ₹ 1,915.00 | ₹ 8,154 Cr. | 83.3x | 9.1x | 10.5% | 6.2% |
Management
- Ramachandhran Dinesh
- Executive Chairman of the Board
- Vikas Chadha
- Global Chief Executive Officer, Managing Director, Director
- Ramani Vaidhyanathan
- Chief Financial Officer
- P. D Krishna Prasad
- Compliance Officer, Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.