NSE: TVSMOTOR | BSE: 532343

Strong Performer, Getting Expensive

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3438.70 -0.90 (-0.03%)

Near 52W High of ₹3602.70

508.1K NSE+BSE Volume

NSE 30 Sep, 2025 3:52 PM (IST)

163,368.2

Market Cap

Above industry Median

1.3

Beta 1Year

Very High Volatility

TVS Motor Company Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for TVSMOTOR, BSE:532343 TVS Motor Company Ltd.

TVS Motor Company Ltd.

04 Nov 2016

3438.70

-0.03%

TVS Motor Company - 2QFY17 Result Update

Sell: TVS Motor Company Ltd.

Target

Reliance Securities

TVS Motor Company Ltd. is trading above all available SMAs

TVS Motor Company Ltd.

04 Nov 2016

3438.70

-0.03%

Result Review of TVS Motor Company Ltd

Sell: TVS Motor Company Ltd.

Target

IDBI Capital

Results beat estimates: Revenues rose 20% to Rs34.3 bn, with volumes up 1% (est. 0%). Motorcycle/Scooter volumes rose 30%/5% YoY. Realizations rose 1% - a positive given that the 3W segment fell 38% and now accounts for 2.5% of sales (4.9% in Q2FY16). A higher share of motorcycles, price hikes of 2-3% along with a strong performance of its premium motorcycles helped offset product mix weakness. Margins were flat YoY but up 112bps QoQ to 8.1% (est. 7.4%), as the company saw lower selling expenses. Gross margins fell 26bps on higher raw material costs, but the same was...

TVS Motor Company Ltd. is trading above all available SMAs

TVS Motor Company Ltd.

01 Nov 2016

3438.70

-0.03%

EARNING UPDATE - TVS MOTORS

Neutral: TVS Motor Company Ltd.

Target

Chola Wealth Direct

Background: TVS Motors Company Limited, the third-largest two-wheeler manufacturer in India, is a part of TVS Group; it manufactures motorcycles, scooters, mopeds and three-wheelers in India. TVS Motors is credited with many innovations in the Indian automobile industry, notable among them being the introduction of India's first two-seater moped, the TVS 50cc. The company has presence in all the three sub-segments of two wheelers, i.e., motorcycles, scooters & mopeds as well as the three-wheeler segment. Motorcycles, scooters, mopeds and three-wheelers contribute 38%, 23%, 35% and 4%, respectively, to overall volumes....

TVS Motor Company Ltd. is trading above all available SMAs

TVS Motor Company Ltd.

28 Oct 2016

3438.70

-0.03%

TVS Motor: Q2FY17 Result Review: Strong PerformanceHighly Expensive Valuation (Oct 28, 2016)

Sell: TVS Motor Company Ltd.

Recommendation Target

Karvy

TVS Motors (TVSL) Q2FY17 performance was very strong as its average realization improved YoY as well as QoQ and company recorded decadal high quarterly operating margins of 8.1%. Companys Revenue/EBIDTA/PAT grew by 20.8%/21.9%/33.4% YoY and 18.9%/38.1%/46.3% QoQ to Rs 34.3bn/2.8bn/1.77bn, as against our estimate of Rs 33.5bn/2.7bn/1.9bn in Q2FY17 respectively.

TVS Motor Company Ltd. is trading above all available SMAs

TVS Motor Company Ltd.

08 Aug 2016

3438.70

-0.03%

COMPANY OUTLOOK of TVS Motor Company

Sell: TVS Motor Company Ltd.

IDBI Capital

Q1FY17 Results: Revenues grew 12% YoY to Rs28.8bn (vol. growth of 12.5%, with domestic growth of 18% and exports falling by 13%. Motorcycles and scooters rose 11% and 19%, respectively, while mopeds increased by 18%. Turmoil in key export markets continued impacting demand, with 3W exports down 46%). As a result, realizations were subpar, falling 0.5% YoY and 6% QoQ as the lower share of exports and 3W hurt ASP's. Margins rose 24bps YoY to 7%, but this was partly due to certain raw material costs being classified under depreciation under IND-AS. PAT rose 21% to Rs1bn. Near Term Outlook: TVS should continue reporting strong domestic volume growth over FY16-18E on the back of aggressive pricing, robust demand for scooters & mopeds and near term favourable...

Number of FII/FPI investors increased from 835 to 944 in Jun 2025 qtr.

TVS Motor Company Ltd.

28 Jul 2016

3438.70

-0.03%

EARNINGS UPDATE- TVS MOTORS

Neutral: TVS Motor Company Ltd.

Target

Chola Wealth Direct

TVS Motor Company Ltd. has an average target of 3047.30 from 11 brokers.

TVS Motor Company Ltd.

27 Jul 2016

3438.70

-0.03%

TVS Motor Company: Below estimates, impacted by lower exports; Downgr

Buy: TVS Motor Company Ltd.

Target

Motilal Oswal

Weak mix pulls down realisations..: Total volumes grew 12.5% YoY (+9% QoQ) to 718k units, driven by ~19% YoY growth (-0.4% QoQ) in scooters and ~18% YoY growth (+14.3% QoQ) in mopeds. Exports declined by ~13.5% YoY. Realizations declined by 6% QoQ (-0.5% YoY) to ~INR40.1k (v/s est ~INR43.1k) due to lower contribution from exports. Net sales grew ~11.9% YoY (+2.3% QoQ) to INR28.8b (v/s ~INR30.9b).Motilal Oswal Maintain Buy with a target price of INR323 (~18x FY18E EPS + ~INR33/share for BMW alliance).

Trendlyne has 5 reports on TVSMOTOR updated in the last year from 4 brokers with an average target of Rs . Brokers have a rating for TVSMOTOR with 1 price downgrade in past 6 months and 2 price downgrades,2 price upgrades in past 1 Year.

TVS Motor Company Ltd. has gained 42.10% in the last 6 Months

Is TVS Motor Company Ltd. worth buying?

329 Votes:

Buy 66.57%

Sell 20.36%

Hold 13.07%

RESEARCH REPORTS

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