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Earnings Call

TVS Electronics Earnings Call: Key Takeaways

TVS Electronics returned to profitability in FY26, driven by a focus on high-margin segments and operational efficiencies, despite slow revenue growth in its core products segment.

Highlights
Revenue growth6% YoY FY26 growth, 2% YoY in Q4; slow but stable.
MarginsEBITDA margin up 172 bps YoY to 4.2% on better mix.
Demand visibilityStrong demand in BFSI, warehouse logistics, and solar management sectors.
Management confidenceBalanced; focused on structural margin improvements over aggressive revenue growth.

Growth

Revenue grew 6% YoY for FY26; EBITDA margin expanded significantly to 4.2% from 2.5% due to better product mix.

Outlook

Management targeting double-digit growth in FY27 by scaling the EMS business and expanding solar management services.

Risks

Rising memory prices and supply chain disruptions are delaying customer orders and impacting working capital via higher inventory.

Source

Earnings Call filed with BSE, NSE: TVSELECT. Summary written with AI assistance from the document.

Read the document ↗

TVS Electronics Ltd: key numbers

Share price
₹383.30
Market cap
₹714.9 Cr
Revenue (annual)
₹455.2 Cr
Net profit (annual)
₹1.26 Cr
P/E (TTM)
-395.0×Sector 41.4×
Promoter holding
59.77%+0.00% QoQ
FII holding
0.34%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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15:21 IST BSE
Legal & Regulatory

TVS Electronics Legal & Regulatory

TVS Electronics Limited received a GST show cause notice from Uttarakhand authorities alleging excess Input Tax Credit. The expected financial implication is ₹1.75 Crore including interest and penalties.

Value
₹1.75 Cr