NSE: TVSSRICHAK | BSE: 509243

Mid-range Performer

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2870.10 -85.50 (-2.89%)

41.43% Fall from 52W High

3,714 NSE+BSE Volume

NSE 25 Apr, 2025 3:31 PM (IST)

2,197.6

Market Cap

Below industry Median

1.2

Beta 1Year

High Volatility

TVS Srichakra Ltd. share price target and research reports

Name: Latest research reports of TVS Srichakra Ltd. authored by BOB Capital Markets Ltd. and published by - Trendlyne research reports.
Item: TVS Srichakra Ltd.
Rating: 1
Author: BOB Capital Markets Ltd.

Latest analyst research reports with target prices and PDF download for TVSSRICHAK, BSE:509243 TVS Srichakra Ltd.

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TVS Srichakra Ltd.

25 May 2021, 12:00AM

2870.10

-2.89%

TVS Srichakra (SELL): Bleak volume and margin outlook; SELL

Sell: TVS Srichakra Ltd.

Target

BOB Capital Markets Ltd.

TVS Srichakra (TVSS) posted a 5% QoQ increase in Q4FY21 revenue, with an above-expected EBITDA margin of 13.3% (11.2% est.).

TVS Srichakra Ltd. is trading above its 50 day SMA of 2735.0

TVS Srichakra Ltd.

15 Dec 2020

2870.10

-2.89%

TVS Srichakra (SELL): Upsides capped; downgrade to SELL

Sell: TVS Srichakra Ltd.

Recommendation

BOB Capital Markets Ltd.

Having aggressively penetrated the OEM segment, TVS Srichakra (TVSS) now intends to focus on the aftermarket through an elaborate brand building exercise.

TVS Srichakra Ltd. has lost -30.54% in the last 1 Year

TVS Srichakra Ltd.

12 Nov 2020

2870.10

-2.89%

TVS Srichakra (BUY): Q2 along expected lines; maintain BUY

Buy: TVS Srichakra Ltd.

BOB Capital Markets Ltd.

TVS Srichakra's (TVSS) Q2FY21 revenue was marginally below expectations at Rs 5.4bn, but a sharp 25% YoY drop in other expenses led to superior operating margins at 15.9% (13.9% est.).

TVS Srichakra Ltd. is trading above its 50 day SMA of 2735.0

TVS Srichakra Ltd.

18 May 2016

2870.10

-2.89%

TVS Srichakra Ltd

Buy: TVS Srichakra Ltd.

Target

Angel Broking

TVS Srichakra (TVSSL) reported a good set of numbers for 4QFY2016. Its top-line grew by 13.0% yoy to Rs525cr. On the operating front, the raw material cost came down significantly, ie by 805bp yoy to 48.1% of sales. Still, the EBITDA margin expanded by a marginal 68bp yoy to 14.5% as raw material cost savings were offset by higher employe..

TVS Srichakra Ltd. has lost -30.54% in the last 1 Year

TVS Srichakra Ltd.

08 Feb 2016

2870.10

-2.89%

TVS Srichakra Ltd- Research Report

Buy: TVS Srichakra Ltd.

Angel Broking

TVS Srichakra (TVSSL) reported a good set of numbers for 3QFY2016. The top-line grew by 4.0% yoy to `509cr. The EBITDA margin expanded by 313bp yoy to 15.7%, mainly due to a 689bp yoy decline in raw material cost as a percentage of sales as domestic rubber prices declined by ~10.0% on a yoy basis and ~8.0% on a qoq basis. As a result, the EBITDA grew by 29.3% yoy to `81cr. The company has reduced its debt in the current fiscal. Lower debt level (~`37cr as on 1HFY2016 excluding current maturities) has resulted in interest expense declining by 57.7% yoy to `3cr for 3QFY2016. Owing to a better operational performance and lower interest outgo, the net profit nearly doubled to `48cr from `26cr in the same quarter of the previous year. Leadership position in 2W OEM segment and growing share in aftermarket segment: TVSSL is the largest 2W/3W tyre manufacturer with a leadership position in the 2W OEM segment. It is currently the third largest player in the aftermarket segment. Although motorcycle sales have declined in recent times owing to poor rural economy, scooter sales remain strong thus resulting in lower decline for overall 2W segment. TVSSLs key clients...

TVS Srichakra Ltd. has lost -30.54% in the last 1 Year

TVS Srichakra Ltd.

06 Oct 2015

2870.10

-2.89%

TVS Srichakra Ltd: Robust Sales in 2/3 Wheelers to Drive Growth (Oct 06, 2015)

Buy: TVS Srichakra Ltd.

Karvy

Leading Player in the 2/3 Wheeler Tyres Market: TVS Srichakra is the leader in 2/3 wheeler domestic OEMs tyres market and stands at No. 3 in the aftermarket segment. It has an overall market share in tyres of around 5% as of FY14.

TVS Srichakra Ltd. has lost -30.54% in the last 1 Year

Is TVS Srichakra Ltd. worth buying?

75 Votes:

Buy 61.33%

Sell 18.67%

Hold 20.0%