TVS Motor Co.
TVS Motor Co. Q4 FY25 Results & Concall Highlights: Capex ₹1,800 Cr
Q4 FY25 earnings call: what management guided on revenue, margins and order book.
The short version
TVS Motor expects faster growth than the industry both domestically and internationally, leveraging a strong product range including brands like Apache, Jupiter, iQube, Raider, Ntorq, TVS Ronin, TVS King, and TVS EV Max. TVS Motor posted highest ever revenue of Rs.36,251 crores and PBT of Rs.3,629 crores in FY25, with strong earnings momentum.
From TVS Motor Co.'s Q4 FY25 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- TVS Motor expects faster growth than the industry both domestically and internationally, leveraging a strong product range including brands like Apache, Jupiter, iQube, Raider, Ntorq, TVS Ronin, TVS King, and TVS EV Max.
- Positive on volumes growth in EV segment, particularly electric three-wheelers, aiming to become a prominent player in India.
- Confident of continued top-line growth ahead of the industry supported by new product launches and expanding network presence, e.g., iQube in about 950 dealerships with plans to grow further.
- Anticipate growth driven by improving rural demand, normal monsoon, infrastructure investments, and positive consumer sentiment boosted by tax rebates and financing affordability.
- Expects export markets such as LATAM, Africa, and parts of Asia to grow ahead of industry trends.
2 more points management made on revenue & sales performance
Profitability & Margins
See what TVS Motor Co. said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Current FY'25 CAPEX was Rs.1,800 crores vs Rs.1,100 crores last year, primarily for new product development, technology, and some capacity expansion.
- Investments include capacity increase for products like Jupiter 110 due to strong market demand.
- Significant focus on two-wheeler and three-wheeler EV developments and related infrastructure.
- Ongoing and planned investments in subsidiaries such as TVS Credit, Norton (about Rs.500 crores annually), and TVS Digital.
- Continued investment in new technologies including digital and analytics to support both EV and ICE product lines.
- Capex and investments expected to sustain around similar levels in FY'26, with Norton products launching by Q4 FY'26 and further support to TVS Credit and electric cycles (SEMG).
2 more points management made on capital expenditure plans
Top-ranked in Automobiles
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what TVS Motor Co. said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
2 more points management made on order book & pipeline
TVS Motor Co. — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹15.1K Cr, net profit ₹820 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What TVS Motor Company Ltd's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q3 FY25 earnings call analysis →
- Q1 FY26 earnings call analysis →
- Q2 FY26 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
- Q4 FY23 earnings call →
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Frequently Asked Questions
What were TVS Motor Co. Q4 FY25 results?
TVS Motor expects faster growth than the industry both domestically and internationally, leveraging a strong product range including brands like Apache, Jupiter, iQube, Raider, Ntorq, TVS Ronin, TVS King, and TVS EV Max. TVS Motor posted highest ever revenue of Rs.36,251 crores and PBT of Rs.3,629 crores in FY25, with strong earnings momentum.
What is TVS Motor Co. share price analysis?
TVS Motor Co. currently shows a neutral. The stock trades at a P/E of 59.1 with a market cap of ₹204,620 Cr. Investors should review the full earnings analysis for detailed insights.
Is TVS Motor Co. planning capital expenditure?
Current FY'25 CAPEX was Rs.1,800 crores vs Rs.1,100 crores last year, primarily for new product development, technology, and some capacity expansion.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.