Financials of TVS Motor Company Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of TVS Motor Company Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +8,0319,0569,93310,1149,94210,31411,30211,03511,54212,21014,05114,75615,053
Expenses +6,9827,8528,5888,6398,4878,8849,6789,4029,63810,40711,94112,48812,881
Operating Profit1,0491,2041,3451,4751,4551,4311,6241,6331,9041,8032,1102,2672,172
OPM %13%13%14%15%15%14%14%15%16%15%15%15%14%
Other Income +67875112-34483270-5740-14-607
Interest398437483494511500509536551551552561566
Depreciation232227237242263241259258292315320323315
Profit before tax4866276767506477388889081,0049771,2231,3231,298
Tax %31%30%38%32%36%34%34%33%31%34%32%33%37%
Net Profit +336441416510412485588609698643833891820
EPS in Rs7.079.148.1310.088.159.7011.8011.9113.6412.8416.7417.7116.24

Financials of TVS Motor Company Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +10,25611,37712,46316,34020,16018,84919,42124,35531,97438,77944,08956,070
Expenses +9,65010,55811,59114,76917,99716,58517,18921,60127,94733,34437,51447,717
Operating Profit6058198711,5712,1632,2642,2322,7554,0275,4356,5758,352
OPM %6%7%7%10%11%12%11%11%13%14%15%15%
Other Income +809316371251236-513613199-28
Interest6270603386638558819401,3681,9172,0932,230
Depreciation1792623173744425565657438599561,0461,273
Profit before tax4445806589311,0838658221,0671,9362,6933,5354,822
Tax %28%26%23%29%33%25%26%31%32%34%33%34%
Net Profit +3284295096657256476087311,3091,7792,3803,186
EPS in Rs6.919.0310.7613.7314.8313.1512.5115.9327.9735.5047.0663.53
Dividend Payout %28%28%23%24%24%27%28%24%18%23%21%0%

Financials of TVS Motor Company Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital484848484848484848484848
Reserves1,2771,7712,1692,6303,1233,2353,7794,3525,4576,7368,4569,517
Borrowings +1,1191,0911,3116,9289,29811,59112,17915,82722,37626,00628,60932,791
Other Liabilities +2,1262,2362,6013,5864,2284,3995,8596,6927,1449,23510,53914,145
Total Liabilities4,5705,1466,12813,19016,69619,27221,86526,91935,02542,02447,65156,501
Fixed Assets +1,6372,0382,3623,0943,3673,8114,2215,9755,7485,8917,64410,200
CWIP9347643137451,0061,0415527431,0331,465974
Investments5399431,1554214403714686059671,1231,2471,147
Other Assets +2,3012,1182,5479,36212,14514,08516,13519,78827,56633,97737,29444,181
Total Assets4,5705,1466,12813,19016,69619,27221,86526,91935,02542,02447,65156,501

Financials of TVS Motor Company Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +83936689354-9183731,151-1,575-4,405-1,2533,5031,867
Cash from Investing Activity +-415-605-709-1,095-1,104-1,090-882-1,471-1,308-1,481-2,899-2,964
Cash from Financing Activity +261-319-598972,2101,6192642,9186,1183,2391,155909
Net Cash Flow-7112-79156188902532-1284065051,759-189
Free Cash Flow-26142465-727-2,048-617227-2,531-5,724-2,3631,044-1,280
CFO/OP40%134%95%43%-28%27%63%-44%-94%-5%71%42%

Financials of TVS Motor Company Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days151621242828191814171417
Inventory Days514047343435393734343326
Days Payable76748086839412110589100103103
Cash Conversion Cycle-11-18-12-28-21-31-63-50-41-49-56-60
Working Capital Days-11-20-24-37-1-27-38-40-49-20-17-36
ROCE %21%22%22%19%16%13%11%11%13%15%15%17%