NSE: TVSMOTOR | BSE: 532343

Strong Performer, Getting Expensive

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3409.60 -43.40 (-1.26%)

57.02% Gain from 52W Low

423.4K NSE+BSE Volume

NSE 25 Sep, 2025 1:23 PM (IST)

161,985.7

Market Cap

Below 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.

06 May 2022

3409.60

-1.26%

Result Update:TVS Motor Co.

Buy: TVS Motor Company Ltd.

Axis Direct

We retain our BUY rating on the stock, keeping our target price of Rs 720/share unchanged (valuing the company at 22x FY24 EPS).

TVS Motor Company Ltd. has gained 20.18% in the last 3 Months

TVS Motor Company Ltd.

28 Feb 2022

3409.60

-1.26%

Pick of the Week:28 FEB 2022

Buy: TVS Motor Company Ltd.

Axis Direct

We recommend a BUY on the stock with a target price of Rs 720/share, implying an upside of 14% from the CMP.

TVS Motor Company Ltd. is trading above all available SMAs

TVS Motor Company Ltd.

17 Feb 2022

3409.60

-1.26%

TVS MOTOR LIMITED

Accumulate: TVS Motor Company Ltd.

Recommendation Target

Geojit BNP Paribas

TVS Motors (TVS) is the third largest two-wheeler manufacturer in India with a domestic market share of 14.3% in FY21. Q3FY22 revenue growth came at 6% YoY (largely in-line with our estimate) due to improved product mix, The growth was largely driven by robust export demand of 13%YoY. Despite adverse commodity price, Strong cost control initiatives and price hike aided margin upbeat. Gained 50bps YoY. We expect confidence in the domestic market to recover gradually...

TVS Motor Company Ltd. has gained 39.47% in the last 6 Months

TVS Motor Company Ltd.

15 Feb 2022

3409.60

-1.26%

EARNINGS UPDATE- TVS MOTORS 3QFY22

Buy: TVS Motor Company Ltd.

Target

Chola Wealth Direct

In 3QFY22, TVS motors reported standalone revenue of 57.1bn (5.8%/1.5% YoY/QoQ); led by better than expected ASP growth. Realizations rose 15% YoY (19%/6% YoY/QoQ) to 65k on the back of price hikes and better product mix. EBITDA margin expanded 50bp YoY (+30bp QoQ) to 10%, aided by operating leverage. Contraction in gross margin was restricted to ~15bp YoY (flat...

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

TVS Motor Company Ltd.

09 Feb 2022

3409.60

-1.26%

Result Update:TVS Motor Co.

Buy: TVS Motor Company Ltd.

Recommendation Target

Axis Direct

We maintain our BUY rating on the stock with a revised target price of Rs 720 (from Rs 670 earlier) valuing the company at 22x FY24 EPS.

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

TVS Motor Company Ltd.

08 Feb 2022

3409.60

-1.26%

TVS MOTOR COMPANY LT

Buy: TVS Motor Company Ltd.

Target

Prabhudas Lilladhar

We believe company will be able to sustain its growth and margin expansion led by (i) new product launches both on ICE and Electric platform(ii) exports sustaining the healthy momentum and (iii) cost reduction efforts and price hikes aiding margins. We upgrade TVS to BUY at revised TP of Rs 751 at 23x...

TVS Motor Company Ltd. is trading above all available SMAs

TVS Motor Company Ltd.

07 Feb 2022

3409.60

-1.26%

Strong mix drives beat; looking to unlock value in NBFC

Neutral: TVS Motor Company Ltd.

Target

Motilal Oswal

TVSL's performance was above estimate driven by improved mix leading to strong ASP growth and margin beat. The management's focus remains on expanding the EV capacity, its portfolio and reach. It is also searching for an investor in its NBFC business, which can unlock value. We maintain our FY22E/FY23E EPS and Neutral rating with a TP of INR625, as valuations fairly capture the expected strength in earnings growth and risk of an EV disruption to its Scooter business. Revenue/EBITDA/adjusted PAT grew 6%/11%/8.5% YoY in 3QFY22 to...

TVS Motor Company Ltd. has gained 39.47% in the last 6 Months

TVS Motor Company Ltd.

23 Oct 2021

3409.60

-1.26%

EARNINGS UPDATE- TVS MOTORS 2QFY22

Buy: TVS Motor Company Ltd.

Recommendation Target

Chola Wealth Direct

In 2QFY22, TVS motors reported standalone revenue of 56.2bn (22.0%/42.8% YoY/QoQ); led by better than expected ASP growth (+3.4% QoQ vs. +1.5% NBIE). Realizations rose 15% YoY (2% QoQ) to 61.1k on the back of price hikes and better product mix. EBITDA margin improved 270bp QoQ (20bp YoY) to 13.7%, aided by better operating leverage. Gross margins came in at 24.1% (down 20bps QoQ) due to RM cost headwinds. As a result, EBITDA and adjusted PAT improved...

Axis Direct increased Buy price target of TVS Motor Company Ltd. to 3810.0 on 05 Sep, 2025.

TVS Motor Company Ltd.

22 Oct 2021

3409.60

-1.26%

Operating performance in line; highest revenue and EBITDA

Neutral: TVS Motor Company Ltd.

Target

Motilal Oswal

We maintain our FY22E/FY23E EPS estimate and Neutral rating, with a TP of INR635 per share, as valuations fairly capture expected strength in earnings growth and risk an EV disruption to its Scooter business....

Axis Direct increased Buy price target of TVS Motor Company Ltd. to 3810.0 on 05 Sep, 2025.

TVS Motor Company Ltd.

22 Oct 2021

3409.60

-1.26%

TVS MOTOR LIMITED

Buy: TVS Motor Company Ltd.

Target

Geojit BNP Paribas

Revival in growth expected in second half. TVS Motors (TVS) is the third largest two-wheeler manufacturer in India with a domestic market share of 14.3% in FY21. Q2FY22 revenue growth came at 22% YoY (largely in-line with our...

TVS Motor Company Ltd. has gained 20.18% in the last 3 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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