ETMarkets.comTVS Motor Company, incorporated in the year 1992, is a Large Cap company (having a market cap of Rs 57749.21 Crore) operating in Auto sector.
TVS Motor Company key Products/Revenue Segments include Automobile - 2 & 3 Wheelers, Other Operating Revenue, Sale of services for the year ending 31-Mar-2022.
Financials
For the quarter ended 31-03-2023, the company has reported a Consolidated Total Income of Rs 8098.54 Crore, up .29 % from last quarter Total Income of Rs 8075.06 Crore and up 22.73 % from last year same quarter Total Income of Rs 6598.75 Crore. Company has reported net profit after tax of Rs 340.16 Crore in latest quarter.
The company’s top management includes Mr.Venu Srinivasan, Mr.R Gopalan, Mr.Hemant Krishan Singh, Mrs.Lalita D Gupte, Dr.Lakshmi Venu, Mr.C R Dua, Mr.T Kannan, Mr.H Lakshmanan, Mr.K N Radhakrishnan, Mr.Sudarshan Venu, Prof.Sir Ralf Dieter Speth, Mr.Kuok Meng Xiong. Company has V Sankar Aiyar & Co. as its auditors. As on 31-03-2023, the company has a total of 48 Crore shares outstanding.
Volume growth is likely to be driven by recovery in domestic 2W market, new products (Raider, 125CC scooters and iQube) as well as a recovery in exports. The company is enjoying the benefits of economies of scale and operating leverage, due to which the EBITDA margin is sustaining at double-digit level. However, TVS earns ~40% of its overall EBITDA from the domestic Scooter business, making it vulnerable to an EV disruption.
Promoter/FII Holdings
Promoters held 50.27 per cent stake in the company as of 31-Mar-2023, while FIIs owned 17.02 per cent, DIIs 24.38 per cent.
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