profit from every ₹100 of sales.

TVS Motor
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
You pay ₹71.80 for every ₹1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What TVS Motor sold, what it kept, and what it did with the cash.
Sales went from ₹274 billion in 2023 to ₹561 billion in 2026, with ₹30.2 billion of profit last year.
TVS Motor vs. similar companies
TVS Motor grows the fastest of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
TVS Motor | 71.8× · Very expensive | ||
Tesla | 407.2× · Very expensive | ||
Toyota Motor | 10.5× · Cheap | ||
BYD | 22.9× · Fair price | ||
General Motors | 27.8× · Fair price |
AI analysis
An AI analyst reads TVS Motor's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 274,337 | 326,685 | 440,890 | 560,695 | |
| 65,280 | 83,430 | 173,652 | 211,898 | |
| -5,470 | -5,814 | 56,032 | 71,207 | |
| 41,507 | 55,486 | 66,442 | 83,242 | |
| 13,287 | 16,864 | 22,356 | 30,183 | |
| 27.97 | 35.50 | 47.05 | 63.53 | |
| 23.8% | 25.5% | 39.4% | 37.8% | |
| -2.0% | -1.8% | 12.7% | 12.7% | |
| 4.8% | 5.2% | 5.1% | 5.4% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 352,329 | 422,205 | 479,369 | 565,006 |
| Cash | 18,512 | 23,558 | 41,150 | 39,265 |
| Total debt | 223,756 | 260,057 | 286,087 | 327,910 |
| Total liabilities | 293,231 | 347,094 | 384,946 | 457,878 |
| 55,050 | 67,835 | 85,034 | 95,643 | |
| 475 | 475 | 475 | 475 | |
| 8.9% | 10.5% | 11.3% | 12.5% | |
| 24.1% | 24.9% | 26.3% | 31.6% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| -44,048 | -12,527 | 35,029 | 18,666 | |
| 13,408 | 11,452 | 24,781 | 32,351 | |
| -57,456 | -23,978 | 10,249 | -13,685 | |
| Dividends paid | 2,918 | 3,801 | 4,751 | 5,701 |
| – | 0 | 953 | – | |
| – | 0 | 331 | 197 |
Valuation
- 71.8×
- –
- 2.28
- 16.3×
- 3.9×
- –
- 29.5×
- -0.6%
- 1.4%
- 0.3%
Profitability
- 37.8%
- 12.7%
- 5.4%
- –
- 12.5%
- 10.8%
- –
- –
- –
- –
Growth
- +26.9%
- +31.5%
- –
- –
- +0.0%
Financial health
- 3.5×
- 3.43
- –
- 3.2×
- 0.98
- –
- –
How it ranks in Consumer Discretionary
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
18.9% of its profit
Room to growStretchedMore than it earnsNews
Here Are Tuesday’s Top Wall Street Analyst Research Calls: Akamai Technolgies, Apple, Blackrock, Ford Motor, Healthcare Realty Trust, Noble, Sunoco LP, Venture Global, Western Midstream Partners, Zoetis, and MoreYahoo Finance · Oct 20, 2026General Motor Q3 sales drop 5.5%, while Toyota buoyed by EVs, hybridsCNBC · Oct 1, 2026Hyundai Motor Group Accelerates Autonomous Driving Innovation with AI-Powered Data FlywheelYahoo Finance · Sep 13, 2026Did Ford's New Energy Chief and NATO Ranger Push Just Shift Ford Motor's (F) Investment Narrative?Yahoo Finance · Sep 3, 2026Great Wall Motor Company GAAP EPS of RMB 0.29, revenue of RMB 102.1BSeeking Alpha · Aug 25, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about TVS Motor
Is TVS Motor a good stock to buy?
A business with weak numbers, priced as if everything goes right. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the TVS Motor AI analysis
What does TVS Motor do?
TVS Motor Company Limited, together with its subsidiaries, engages in the manufacture and sale of automotive vehicles and components, spare parts, and accessories in India and South Africa. It is in Auto Manufacturers, based in Chennai, India.
Does TVS Motor pay a dividend?
Yes. At today's price the dividend is 0.3% a year, about 19% of its yearly profit. In 2026 it paid out ₹5.70 billion in dividends.
Is TVS Motor stock halal?
No. TVS Motor does not pass our halal screen: it owns a lender, TVS Credit, and interest is about 11% of its revenue. How we check
How has TVS Motor stock done over the past year?
Up 26.0% over the past twelve months, to ₹4,560.00. It traded between ₹3,283.40 and ₹4,560.00, close to its high.
Who are TVS Motor's competitors?
The largest listed companies in the same industry are Tesla, Toyota Motor, BYD and General Motors. The peers table on this page compares their profit, growth and price with TVS Motor's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



