TVS Motor Company Limited (BOM:532343)

TVS Motor Company Ratios and Metrics

Market cap in millions INR. Fiscal year is April - March.

Total Valuation

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov 3, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Market Capitalization	2,054,752	1,599,048	1,149,925	1,022,126	511,859	297,238
Market Cap Growth	23.14%	39.06%	12.50%	99.69%	72.20%	6.93%
Enterprise Value	2,381,628	1,871,738	1,387,550	1,248,854	678,847	421,870
Last Close Price	4325.00	3365.80	2412.02	2135.09	1065.00	615.41

Price Ratios

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov 3, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
PE Ratio	53.69	52.98	51.44	60.61	38.52	39.28
Forward PE	33.46	36.87	38.05	42.26	29.76	30.21
PS Ratio	3.12	2.85	2.61	2.63	1.60	1.22
PB Ratio	16.71	14.93	12.18	13.61	8.66	5.88
P/TBV Ratio	27.02	26.53	20.22	22.08	14.05	10.97
P/FCF Ratio	-	-	112.20	-	-	-
P/OCF Ratio	246.18	85.67	32.83	-	-	-
PEG Ratio	1.32	1.49	1.59	1.57	0.97	0.90

EV Ratios

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov 3, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
EV/Sales Ratio	3.62	3.34	3.14	3.21	2.12	1.73
EV/EBITDA Ratio	25.25	23.85	22.09	23.95	17.41	16.44
EV/EBIT Ratio	28.50	26.39	24.51	27.06	20.41	20.83
EV/FCF Ratio	-	-	135.39	-	-	-

Financial Efficiency

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov 3, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Debt / Equity Ratio	3.21	3.06	3.03	3.46	3.79	3.13
Debt / EBITDA Ratio	4.17	4.05	4.42	4.79	5.54	5.94
Debt / FCF Ratio	-	-	27.92	-	-	-
Net Debt / Equity Ratio	2.58	2.64	2.54	3.12	3.44	2.82
Net Debt / EBITDA Ratio	3.44	3.61	3.82	4.50	5.21	5.55
Net Debt / FCF Ratio	-10.14	-20.70	23.39	-9.78	-3.53	-5.59
Asset Turnover	1.11	1.07	0.98	1.00	1.03	0.99
Inventory Turnover	15.12	14.42	11.58	11.73	11.78	10.87
Quick Ratio	0.31	0.25	0.30	0.22	0.20	0.22
Current Ratio	1.10	0.98	1.12	1.02	0.89	0.93
Return on Equity (ROE)	37.23%	31.62%	27.72%	26.13%	23.89%	15.77%
Return on Assets (ROA)	8.83%	8.49%	7.85%	7.45%	6.67%	5.16%
Return on Invested Capital (ROIC)	13.53%	12.94%	11.79%	10.61%	9.89%	8.14%
Return on Capital Employed (ROCE)	26.20%	29.00%	22.90%	21.80%	20.80%	15.30%

Yields

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov 3, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Earnings Yield	1.86%	1.89%	1.94%	1.65%	2.60%	2.55%
FCF Yield	-1.52%	-0.86%	0.89%	-2.35%	-11.22%	-8.56%
Dividend Yield	0.28%	0.36%	0.41%	0.37%	0.46%	0.60%
Payout Ratio	14.90%	18.89%	21.25%	22.54%	21.96%	25.16%
Total Shareholder Return	0.30%	0.36%	0.41%	0.37%	0.46%	0.60%

Data Source: S&P Global Market Intelligence Last updated: Oct 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 3, 2026

Data Sources Report a data error