| Revenue growth | 38% YoY growth in Q1 FY27. |
|---|---|
| Margins | EBITDA margin improved 30 bps YoY to 12.8%. |
| Demand visibility | Strong domestic demand; robust retail demand for 2W and 3W. |
| Management confidence | High, expecting better momentum in Q2 vs Q1. |
Growth
Revenue grew 38% to INR 13,896 Cr; Operating EBITDA up 41% to INR 1,779 Cr; PAT up 51% to INR 1,174 Cr.
Outlook
Planned capex of INR 3,500 Cr; targeting 8.3 million 2-wheeler capacity by Q4; double-digit ICE industry growth expected.
Risks
Commodity price volatility (steel, aluminum), supply chain disruptions, and West Asia conflict impacting costs and availability.
Last quarter's promises, checked
Delivered
- Guided Q1 growth better than industry → delivered 28% vol vs 12% industry (= BEAT)
- Guided 50k EV units/month soon → delivered 86% growth/high penetration (= BEAT)
- Guided sustained EBITDA margin improvement → delivered 12.8% vs 12.3% LY (= BEAT)
Partly delivered
- Guided FY27 capex ~INR 3,500 Cr → delivered on track with Norton/Capacity spend (= PARTIAL)
Earnings Call Transcript filed with NSE, NSE: TVSMOTOR. Summary written with AI assistance from the document.
TVS Motor Company Ltd: key numbers
- Share price
- ₹4,157.30
- Market cap
- ₹1,97,508 Cr
- Revenue (annual)
- ₹56,070 Cr
- Net profit (annual)
- ₹3,018 Cr
- P/E (TTM)
- 57.6×Sector 33.6×
- Promoter holding
- 50.27%+0.00% QoQ
- FII holding
- 20.45%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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TVS Motor Company Debt & Borrowing: ₹1,900 Cr
TVS Motor Company Ltd has completed the full redemption of its preference shares. The total redemption amount paid is ₹1,900.35 Crore.
- Value
- ₹1,900 Cr
TVS Motor Company Debt & Borrowing: ₹114 Cr
TVS Motor Company has successfully completed the interest payment for its Non-Convertible Redeemable Preference Shares. The total amount paid was Rs. 114.02 Crore.
- Value
- ₹114.0 Cr