Q4 Results: TVS Motor Slips 0.82% as Results Day Volatility Grips Stock; Revenue Jumps 30%

Mumbai, May 13: Shares of TVS Motor Company (TVSMOTOR) ended Wednesday’s session under pressure despite the company reporting a strong set of quarterly and annual results.

The stock opened at ₹3,565 against a previous close of ₹3,561, and made an early attempt at a rally, surging to a session high of ₹3,647.50 in the afternoon around the 1 pm mark — likely coinciding with the results announcement — before sellers moved in swiftly and dragged the price back. The stock spent much of the afternoon grinding lower, touching a session low of ₹3,483 before recovering modestly to last trade at ₹3,523, down ₹29.30 or 0.82% on the day, with an indicative close of ₹3,533.

 Weekly Trend

The intraday weakness sits atop a difficult week for the stock. TVSMOTOR was trading close to ₹3,620 on May 6, climbed to a weekly high of around ₹3,710 on May 7 and held those levels through May 8, before turning sharply lower. By May 11 the stock had retreated to ₹3,601, and Tuesday’s close around ₹3,561 marks a decline of roughly 4.4% from the week’s peak — a sell-on-news pattern that has been characteristic of several large-cap auto results this season.

Financial Results Q4 FY26

TVS Motor Company declared its financial results for the quarter and year ended March 31, 2026, on Wednesday. On a consolidated basis, TVS Motor posted revenue from operations of ₹15,052.73 crore in Q4 FY26, a robust 30.4% jump over ₹11,542.00 crore recorded in Q4 FY25. Net profit attributable to owners of the company came in at ₹771.52 crore for the quarter, a jump of 19% over ₹648.16 crore reported in Q4 FY25. Operating EBITDA margin for the quarter stood at 13.1%, an improvement of 60 basis points over the normalised 12.5% recorded in Q4 FY24-25. Total two and three-wheeler sales in Q4 grew 28% to 15.60 lakh units from 12.16 lakh units a year earlier, with motorcycle volumes rising 23% to 6.93 lakh units, scooters up 32% to 6.60 lakh units, mopeds climbing 29% to 1.46 lakh units, and three-wheelers surging 65% to 0.60 lakh units. EV sales in Q4 grew 51% to 1.15 lakh units.

The Board of Directors of TVS Motor Company declared an interim dividend of ₹12 per equity share (1,200%) for FY2025-26, involving a total aggregate payout of ₹570 crore, paid to shareholders whose names appeared on the register as of the record date of March 31, 2026. In addition, during the year the company allotted 4 fully paid bonus Non-Convertible Redeemable Preference Shares (NCRPS) of face value ₹10 each for every equity share held, amounting to ₹1,900 crore in total, with a maturity date of September 1, 2026.

Consolidated FY26

For the full year on a consolidated basis, revenue from operations grew 27% to ₹56,069.52 crore from ₹44,089.01 crore in FY25. Net profit attributable to owners for FY26 came in at ₹3,018.33 crore compared to ₹2,235.56 crore the previous year. Operating EBITDA margin improved to 11.5% for the full year from 10.8% in FY25. Total sales for the year grew 24% to 58.89 lakh units from 47.44 lakh units, with motorcycles rising 24% to 27.13 lakh units, scooters up 27% to 24.13 lakh units, mopeds growing 7% to 5.44 lakh units, and three-wheelers surging 63% to 2.19 lakh units. Full-year EV sales grew 33% to 3.71 lakh units, taking the company’s cumulative EV customer base past the 9 lakh mark.

Standalone Q4 FY26

On a standalone basis, TVS Motor’s revenue from operations for Q4 FY26 came in at ₹12,807.63 crore, up 34% from ₹9,550.44 crore in Q4 FY25. Standalone net profit for the quarter stood at ₹997.70 crore against ₹749.87 crore from continuing operations a year earlier. Operating EBITDA margin on a standalone basis held at 13.1% for the quarter, up 60 basis points from the normalised Q4 FY25 figure.

Standalone FY26

For the full year on a standalone basis, revenue from operations grew 30% to ₹47,270.32 crore from ₹36,251.32 crore in FY25 — the highest ever in the company’s history. Standalone net profit from continuing operations for FY26 came in at ₹3,615.22 crore, up 39% from ₹2,603.98 crore the previous year. Operating EBITDA margin improved to 12.9% from 12.3% in FY25, while Operating PBT grew 40% to ₹4,975 crore from ₹3,563 crore.

Source:

• https://www.nseindia.com/get-quote/equity/TVSMOTOR/TVS-Motor-Company-Limited