TVS Motor revenue and financials
₹3,926.00Change from previous close: −1.38%Absolute change: −₹55.00
In the fiscal year ended March 2026, TVS Motor reported revenue of ₹476.52B (+29.18% year over year). Net income was ₹30.18B, a net margin of 6.3%.
Fiscal year ending in March. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +29.18%
- FY to Mar 2026 vs FY to Mar 2025
- Net income growth
- +35.01%
- FY to Mar 2026 vs FY to Mar 2025
- Net margin
- 6.3%
- FY to Mar 2025: 6.1%
Financial data
Amounts in millions of INR; per-share values in INR; shares in millions.
| Item | FY to Mar 2026 | FY to Mar 2025 | FY to Mar 2024 | FY to Mar 2023 | FY to Mar 2022 |
|---|---|---|---|---|---|
| Total assets | 565,006 | 479,369 | 422,205 | 352,329 | — |
| Current assets | 314,694 | 259,843 | 215,200 | 170,243 | — |
| Cash and equivalents | 39,265 | 41,150 | 23,558 | 18,512 | — |
| Short-term investments | 5,390 | 5,240 | 1,902 | 2,125 | — |
| Inventory | 24,592 | 24,166 | 22,484 | 19,215 | — |
| Net property, plant and equipment | 76,563 | 63,682 | 47,585 | 45,648 | — |
| Goodwill | 7,314 | 7,314 | 5,971 | 5,971 | — |
| Other intangible assets | 28,055 | 20,846 | 15,569 | 12,635 | — |
| Long-term investments | 1,072 | 1,671 | 4,773 | 4,112 | — |
| Current liabilities | 320,677 | 231,735 | 210,782 | 192,187 | — |
| Accounts payable | 98,343 | 75,613 | 66,382 | 50,967 | — |
| Long-term debt | 124,863 | 139,327 | 126,293 | 90,641 | — |
| Total debt | 327,910 | 286,087 | 260,057 | 223,756 | — |
| Total liabilities | 457,878 | 384,946 | 347,094 | 293,231 | — |
| Total equity (incl. minority) | 107,129 | 94,423 | 75,111 | 59,099 | — |
| Retained earnings | 84,949 | 71,062 | 55,294 | 43,154 | — |
| Minority interest | 11,486 | 9,389 | 7,276 | 4,049 | — |
