TVS Motor revenue and financials

TVSMOTOR · NSE · INR

₹3,926.00Change from previous close: −1.38%Absolute change: −₹55.00

Close · October 7, 2026

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%.

Annual revenue · 2026: ₹476.52B
  1. ₹274.34B2023
  2. ₹326.68B2024
  3. ₹368.87B2025
  4. ₹476.52B2026

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.

Balance sheet · Annual
ItemFY to Mar 2026FY to Mar 2025FY to Mar 2024FY to Mar 2023FY to Mar 2022
Total assets565,006479,369422,205352,329—
Current assets314,694259,843215,200170,243—
Cash and equivalents39,26541,15023,55818,512—
Short-term investments5,3905,2401,9022,125—
Inventory24,59224,16622,48419,215—
Net property, plant and equipment76,56363,68247,58545,648—
Goodwill7,3147,3145,9715,971—
Other intangible assets28,05520,84615,56912,635—
Long-term investments1,0721,6714,7734,112—
Current liabilities320,677231,735210,782192,187—
Accounts payable98,34375,61366,38250,967—
Long-term debt124,863139,327126,29390,641—
Total debt327,910286,087260,057223,756—
Total liabilities457,878384,946347,094293,231—
Total equity (incl. minority)107,12994,42375,11159,099—
Retained earnings84,94971,06255,29443,154—
Minority interest11,4869,3897,2764,049—