Incorporated in: 1992 Managing Director: Sudarshan Venu
TVS Motor Limited is an Indian two-wheeler and three-wheeler manufacturer known for its strong engineering capabilities, innovation and racing DNA. As a part of the well-known TVS group, the company offers a wide range of bikes, scooters, mopeds and EVs.
The company has four big manufacturing plants, three of which are located in India: Hosur in Tamil Nadu, Mysore in Karnataka and Nalagarh in Himachal Pradesh. The remaining one is Indonesia at Karawang.
TVS Motor actively do research and development, which helps the company to innovate and build products based on current trends and market needs.
The company has footprints globally, including geographies like the Middle East, Africa, South East Asia, the Indian subcontinent, and Central America.
TVS Motors Limited’s journey began in 1978, as an automotive division of the TVS Group. From its early days, TVS Motor focused on building affordable and reliable two-wheeler for Indian roads.
In 1978, TVS Group started a joint venture with Suzuki Motor Corporation and formed TVS Motor, initially named TVS Suzuki. In 2000, Suzuki Motor sold its stake to TVS, and the company was renamed to the TVS Motor Company Limited.
Over the years, the company gained recognition through successful models, motorsport excellence and consistent technological upgrades. TVS Motor steadily expanded it’s footprints globally, entering international markets and forming strategic partnerships.
TVS Motor's business is divided into six main segments,
1. Motorcycles: TVS designs and manufactures bikes across commuter, premium and performance segments. It caters for the everyday riders as well as motor lovers who value power, style and technology.
2. Scooters: It builds daily-use scooters to feature-rich models, focusing on comfort, fuel efficiency and ease of riding for urban and family users.
3. Mopeds: TVS has a strong segment in the moped segment, especially in the rural and semi-urban areas, offering simple, durable, and cost-effective mobility solutions.
4. Electric Vehicles: Through its EV offerings, TVS is actively investing in clean mobility, combining smart features with sustainable energy.
5. Three Wheelers: TVS is also involved in manufacturing three-wheelers that support the last-mile connectivity and commercial transportation needs.
6. International Business: TVS exports vehicles and components to multiple countries, which helps in strengthening its global presence.
Revenue: TVS Motor reported a consolidated revenue of ₹44,158.57 crore in FY25 vs ₹38,884.64 crore in FY24. It showed an increase of 13.56% on a yearly basis, reflecting decent growth.
Operating Profit: The company reported an operating profit of ₹3,505.35 crore in FY25 vs ₹2,667.62 crore in FY24. It showed an increase of 31.40% on a year-on-year basis, indicating that the company's operating profit is growing well.
Net Profit: TVS Motor reported a net profit of ₹2,379.81 crore in FY25 compared to ₹1778.54 crore in FY24. It showed an increase of 33.80% on a yearly basis, indicating an improvement in overall performance.
In Q3 FY26, TVS Motor reported a net profit of ₹940 crore compared to ₹618.4 crore in Q3 FY25, up by 52% on a YoY basis. In the last quarter, TVS Motor’s net profit was ₹906 crore. Therefore, on a quarter-on-quarter (QoQ) basis, net profit rose by 3.75%.
During the quarter, TVS Motor recorded a strong revenue of ₹12,476 crore vs ₹9,097 crore in Q3 FY25. It reflects a revenue growth of 37.1% on a YoY basis. In Q2 FY26, the revenue was ₹11,905 crore. Therefore, on a quarter-on-quarter (QoQ) basis, it witnessed a revenue growth of 4.79%.
TVS Motor’s EBITDA rose by 51% at ₹1,633.91 crore compared to ₹1,080.75 crore in Q3 FY25. The EBITDA margin improved to 13.1%, compared with 11.9% in the same period last year.
As of 25 May 2026, TVS Motor Company share price is ₹3,469.50. The stock opened at ₹3,458.00, compared to its previous close of ₹3,417.50. During today's trading session, TVS Motor Company share price moved in the range of ₹3,420.00 to ₹3,501.70, with an average price of ₹3,460.85 for the day. Looking at its last 52-week, the stock has touched a low of ₹3,420.00 and a high of ₹3,501.70.
The market capitalization of TVS Motor Company is ₹1,62,366 Crs, with a P/E ratio of 51.0 and a dividend yield of 0.29%.