TVSMOTOR

Financial & Sales Performance

TVS Motors Performance – Key Points Q1 FY26 net profit up around 32–35% YoY (~₹610–₹779 crore). Q1 FY26 revenue grew 18–20% YoY (~₹10,000–₹12,200 crore). EBITDA margin improved to about 12.5% from 11.5% last year. Two-wheeler sales rose 17% in Q1, premium models contribute ~25% of revenue. EV sales increased by 35% in Q1; FY 2023–24 saw 100% EV sales growth. Exports rose 39% in Q1, making up ~25% of total revenue. June 2025 sales: up 20% YoY to ~4.02 lakh units, exports up 54%. July 2025 sales: up 29% YoY to ~4.56 lakh units, exports up 46%. Scooters grew 42% and motorcycles 25% in July. Analysts see better growth potential compared to peers like Bajaj Auto. UK Free Trade Agreement expected to boost exports and global reach. About TVS Motor Company – Key Points Founded in 1978, headquartered in Chennai, Tamil Nadu. Part of the TVS Group, one of India’s largest industrial conglomerates. India’s third-largest two-wheeler manufacturer by volume. Product range includes motorcycles, scooters, mopeds, and three-wheelers. Popular brands: Apache, Jupiter, Ntorq, Radeon, Raider, XL100, iQube Electric. Strong presence in electric vehicles, with growing EV sales and R&D focus. Exports to over 80 countries, with major markets in Asia, Africa, and Latin America. Owns the iconic Norton Motorcycle Company in the UK. Known for motorsport involvement via TVS Racing, India’s first factory racing team. Listed on both NSE and BSE; part of Nifty 100 index. Major Failures / Challenges Faced by TVS Motor Company – Key Points Scooty Streak & Scooty Zest underperformance – Failed to capture large market share against Honda Activa and Suzuki Access in the scooter segment. TVS Victor (second generation) – Re-launch did not match the earlier success; failed to compete with Hero Splendor in commuter bikes. Phoenix 125 – Could not make an impact in the 125cc segment; discontinued due to low demand.