DINESH

TVS Holdings

Latest CMP 13,994
Today's Change ▼ -2.26%
52-Week High / Low 15,643 | 11,528
Price Date: 14-Aug-2026
Recommendation Buy
Target Price 28,263
Expected Upside 42.1%
Forecast Horizon 2 Years
Historical CAGR 21.3%
1,000 Invested 15-Aug-2006
Today's Value 47,320
Investment Period 20 Years

Stock Snapshot

Post Results Return
+5.7%
Mild Positive Re-rating
1-Year Target Price
24,568
2-Year Target Price
28,263
52-Week High / Low
15,643 / 11,528
20-Day Return
-0.3%
Market Cap (Cr.)
28,268
Current PE
17.3
P/BV Ratio
4.3
Dividend Yield
1.7%
Industry PE
20.5

Price Performance

Basis of our Recommendation

TVS Holdings Limited's management has articulated a positive outlook, emphasizing strong rural demand and infrastructure development as key growth drivers. The company's strategic focus on electric mobility and premium motorcycle offerings positions it well within the evolving automotive landscape. Vista's financial outlook reflects moderating revenue growth, yet stable profit margins, supported by a robust balance sheet and attractive valuation metrics. The expected upside aligns with the company's strategic initiatives and the favorable macroeconomic environment in India, characterized by improving manufacturing activity and contained inflation. Over the next 12-24 months, TVS Holdings is poised to capitalize on its diversified portfolio, although it must navigate potential geopolitical risks and inflationary pressures. Key opportunities include leveraging its strong brand equity in both automotive and financial services, while watchpoints include the impact of global economic conditions and competitive dynamics in the electric mobility sector

👍 Why We Like This Stock

  • Strong rural demand and infrastructure development are expected to drive growth
  • The transition to electric mobility and premium motorcycle offerings enhances competitive positioning
  • Attractive valuation relative to intrinsic value estimates supports investment appeal

Things To Watch Out For

  • Moderating revenue growth compared to historical performance may limit short-term gains
  • Global geopolitical risks and inflationary pressures could impact operational stability
  • Intensifying competition in the electric mobility sector may challenge market share

Key Parameters

Balance Sheet Strength
Stable Financial Structure
Market Share
Gaining
Industry Outlook
Improving
Analyst View
Not Available
Dividend History
Regular
FII Holdings
Stable

Financial Snapshot

Actuals Forecast
FY24 FY25 FY26 FY27 FY28
Revenue (Cr.) 39,882 44,993 58,154 64,614 76,776
Profit Before Tax (Cr.) 2,726 3,549 5,169 6,639 7,888
PBT Margin 6.8% 7.9% 888.8% 10.3% 10.3%
Net Profit (Cr.) 1,648 2,146 3,399 4,350 3,102
Earnings Per Share 329.8 446.0 844.1 1292.2 1535.4

Analyst Recommendations

No analyst recommendations available.

Consensus Recommendation ► None
Consensus Target
Coverage 0 Analysts
Analysts' Viewpoint

Company Overview

Show Company Profile

TVS Holdings Limited provides automotive vehicles and parts in India and internationally. It offers two and three-wheelers; and mobility solutions through a portfolio of e-bikes, e-cargo bikes, and matching accessories. The company also provides unsecured loans; financing services for two wheelers, used cars, used and new tractors, used commercial vehicles, and consumer durables; and digital finance products, emerging and corporate business loans, and personal loans. In addition, it is involved in the procurement, refurbishment, and retailing of the pre-owned multi-brand two-wheeler motorcycles and scooters through its own stores, as well as through its franchisee dealers; and trading of spare parts, accessories, and engine oils for two-wheelers. Further, the company offers digital / information technology and other related services; and solutions across autotech and fintech platforms. Additionally, it engages in investment activities. The company was formerly known as Sundaram-Clayton Limited and changed its name to TVS Holdings Limited in July 2023. TVS Holdings Limited was incorporated in 1962 and is based in Chennai, India.