TVS Motors Share Price

History and Background of TVS Motors

TVS Motor Company, the flagship company of TVS Group, is India’s third largest maker of two-wheeled vehicles. The company develops a variety of two-wheeled vehicles, from mopeds to motorcycles influenced by racing. The company also produces three-wheeled vehicles. The company’s annual production capacity is four million two-wheelers and one hundred twenty thousand three-wheelers. It is one of India’s largest exporters of two- and three-wheeled vehicles to over 60 nations. The company’s manufacturing facilities are situated in Hosur, Tamil Nadu, Mysore, Karnataka, and Nalagarh, Himachal Pradesh. It also operates a manufacturing facility in Karawang, Indonesia.

In 1979, the TVS Group company Sundaram-Clayton Ltd established a moped division in Hosur for the production of TVS 50 mopeds. In 1982, the business got into a technological know-how and assistance partnership with Suzuki Motor Co Ltd of Japan. In 1985, they established Lakshmi Auto Components Pvt Ltd to produce crucial engines and transmission components. In 1986, the company purchased the assets of Sundaram Clayton Ltd.’s moped division. In addition, the company changed its name from Indo Suzuki Motorcycles Ltd to TVS Suzuki Ltd. In 1992, they introduced two types of motorcycles, Samurai and Shogun, and in 1993, they introduced TVS Scooty.

During the 1999-2000 fiscal year, TVS Suzuki Ltd merged with Sundaram Auto Engineers Ltd, a 1992-founded unlisted group firm. In accordance with the plan, as of April 22, 1999, Sundaram Auto Engineers (India) Ltd acquired all of the assets and liabilities of the former TVS Suzuki Ltd, as well as all obligations and contingent liabilities. Eventually, this amalgamated business was renamed TVS Suzuki Ltd. On September 27, 2001, the TVS group and Suzuki Motor Corporation ended their 15-year joint partnership. Anusha Investments Ltd, a wholly-owned subsidiary of Sundaram-Clayton Ltd, paid Rs 9 crore to buy the shares held by the Suzuki Motor Corporation. As of November 15, 2001, the company became a subsidiary of Sundaram-Clayton Ltd. Since Suzuki Motor Corporation is no longer a shareholder in the firm, the corporation is unable to use the word “Suzuki” as part of its name; hence, the company’s name has been changed to TVS Motor Company Ltd. During 2002-2003, the sleek and attractive TVS Scooty Pep and the improved Fiero were introduced to the market. The sister firm Lakshmi Auto Components Ltd acquired Sundaram Auto Components Ltd’s whole paid-up capital on April 1, 2003. As a result, Sundaram Auto Components Ltd became a subsidiary business on April 1, 2003. The company filed a plan of arrangement with Lakshmi Auto Components Ltd and Sundaram Auto Components Ltd in October 2003. On April 1, 2003, all the assets and liabilities of Lakshmi Auto Components Ltd’s rubber and plastic businesses were transferred to Sundaram Auto Components Ltd on a slump sale basis for a total of Rs. 12.25 crores. With effect from April 2, 2003, the remaining business of Lakshmi Auto Components Ltd, the engine components section, and their assets in other corporations were transferred to the company. In 2003-2004, the firm introduced new goods like the TVS Centra New Victor GL, Fiero F2 and Fx, and Scooty Pep. In 2004-2005, they introduced new items such as the TVS Star New Victor GLX and Scooty Pep ‘Splash’ series.

In 2005-06, the company invested 5 million rupees in a joint venture with a Colombian party to explore the potential in the Columbian market. With an investment of Rs 91.63 crore, the business created TVS Motor Company (Europe) B V in the Netherlands as a wholly-owned subsidiary. TVS Motor Singapore Pte Ltd Singapore became a wholly-owned subsidiary of the company with an investment of Rs 30.51 crore during the course of the year. PT TVS Motor Company Indonesia was founded in Indonesia with an investment of USD 27.60 million to manufacture bikes and parts and became a subsidiary of the company due to its status as a subsidiary of TVS Motor Company (Europe) B V, which retains 75% of the company’s share capital. The remaining twenty-five per cent was held by TVS Motor Singapore Pte Ltd. PT TVS Motor Company Indonesia has acquired a property in Indonesia for the establishment of a two-wheeler manufacturing facility. The company developed a new plant in Himachal Pradesh with an annual manufacturing capacity of 400,000 units, expandable to 600,000 units, during the 2006-07 fiscal year. The company’s subsidiary, PT TVS Motor Company Indonesia, opened a manufacturing facility in Karawang, close to Jakarta, with an annual production capacity of 3 lakh automobiles. Numerous new goods and variants were introduced throughout the year, including Star City ES, Star Sport Scooty Teenz, and 99 Colors on Scooty PEP. During the 2007-2008 fiscal year, the business began commercial production at its Nalagarh Plant in Himachal Pradesh. They began commercial production in their state-of-the-art plant in Karawang, Indonesia, and launched the TVS Neo, which was built specifically for the Indonesian market. Throughout the course of the year, the firm introduced numerous new products and versions, including TVS Flame Apache RTR StaR Sport Star City 110 cc Scooter TeenZ Electric TVS Tru4 Oil.

In March 2008, the business introduced the three-wheeled TVS King in two versions: two-stroke gasoline and two-stroke liquid propane gas. The business was awarded the Team Tech 2007 Award of Excellence for Integrated Use of Advanced Computer-Aided Engineering Technologies in Product Development. In addition, they were awarded the coveted SAP ACE 2007 Awards for Customer Excellence in the Most Innovative Netweaver Category for their many SAP implementations. In June 2008, the firm entered into a contract manufacturing agreement with Mahabharat Motors Manufacturing Pvt Ltd, wherein TVS motorcycles would be built at Mahabharat Motors Manufacturing’s two-wheeler manufacturing facility located on the outskirts of Kolkata. TVS would assist Mahabharat Motors in establishing the manufacturing and give engineering assistance. The production would begin in June of 2009. During 2008-2009, the business introduced the Scooty Streak, a rugged and fashionable variant of the Scooty Pep+, and the Apache RTR RD premium category motorbike. Additionally, they introduced the three-wheeled TVS King in six states. In June of 2009,

T V Sundram Iyengar & Sons Ltd. and its subsidiaries purchased Clayton Dewandre Holdings Ltd.’s stake in Sundaram-Clayton Ltd. Sundaram-Clayton Ltd, so became a subsidiary of T V Sundram Iyengar & Sons Ltd. Effective June 3, 2009, the company became a subsidiary of TVS as a result of this acquisition. In 2009-2010, the company introduced the TVS JIVE and TVS Wego to the market. Additionally, they introduced a four-stroke tricycle with greater features. They initiated TVS Apache exports to Brazil. Additionally, they created a three-wheeled presence throughout India. In December 2009, the business bought all of TVS Energy Ltd.’s shares. Thus, TVS Energy became the company’s wholly-owned subsidiary. In June 2010, the business bought the entire paid-up capital of TVS Housing Ltd, transforming it into a wholly-owned subsidiary. The company received the SAP ACE Award for Consumer Excellence 2010 in the ‘Best Run Award in Automotive’ category in October 2010. Information Week, a renowned IT publication, also awarded them the Silver EDGE award for their in-house design and implementation of a Data Acquisition System to improve shop floor productivity. Information Week annually recognises companies for their IT-driven growth and excellence. The company introduced TVS TRU4 Premium, a semi-synthetic 4T Engine Oil, in November 2010. In February of 2011, Indian Bank and the company inked a memorandum of understanding for financing the company’s three-wheelers. ABS (Anti-lock Braking System) was added to the company’s premium segment motorcycle TVS Apache RTR 180 in March 2011, offering impressive stopping power and excellent braking control to complement its high-performance potential.

In 2011, the company created a 20 per cent more fuel-efficient engine that is compatible with both scooters and motorcycles. In 2012, the business inked a Memorandum of Understanding (MOU) with the Central Bank of India to offer competitive financing options for their three-wheeled TVS king across all 4000 locations in India. The company also won the 2012 CII ITC Sustainability Awards during the year under evaluation. The company received the Silicon India Mentor Graphics Best VLSI / Embedded Design – Automotive Award in 2013. BMW Motorrad and the firm have signed a cooperation agreement. The Company wanted to establish a production line in Uganda. 2014 marked the debut of TVS TRU4 Synthetic 10W-30 Engine Oil. In Tanzania, the Company introduces the StaR HLX 125 motorcycle. The business also introduced the 2014 Stylish TVS StaR City+ -Asian Network for Quality Award. Himachal Pradesh’s TVS Motor Company and Kangra Central Co-operative Bank signed an MOU in 2015. The manufacturer has introduced the 2015 version of the TVS Phoenix 125 with both drum and disc brakes. In honour of surpassing the one crore sales mark, the business introduced a special edition of its renowned TVS XL Super during the course of the year. The Company and the TN Government sign a memorandum of understanding for an investment of Rs 350 crore. During the year under review, the company also introduced the “TVS Sport” motorcycle with enhanced fuel economy and amenities. TVS Motor Company announced on March 16, 2016, that it has partnered with Snapdeal to sell its motorcycles and scooters online. Snapdeal will offer nine goods from TVS Motor Company that are two-wheeled. On the Snapdeal Motors platform, customers can now select the model colour and dealership of their choosing from the convenience of their homes. November 2015 saw the launch of the Snapdeal Motors platform. On 11 May 2017, TVS Motor Firm established a partnership with MASSA (Mayor Servicios Sociedad Anonima). This Guatemalan company is a leader in the commercialisation of motorcycles and Tuk Tuks in Central America. This partnership is consistent with the company’s strategy to extend and deepen its footprint in Central America, LATAM, South East Asia, and the Middle East. MASESA will build exclusive TVS Motor Company concessionaires in Guatemala, El Salvador, Honduras, Nicaragua, and Costa Rica as part of this cooperation. On June 28, 2017, TVS Motor Company established a cooperation with top Sri Lankan reseller Abans Auto. Through this partnership, the 200 cc TVS King passenger tricycle will be introduced to the Sri Lankan market. In accordance with the terms of the agreement, TVS Motor Company will utilise Abans Auto’s network of over 200 showrooms and appointed dealers in strategic areas throughout Sri Lanka. In addition, Abans Finance will provide TVS Motor Company customers with competitive financing options. TVS Motor Company said on 26 September 2017 that its famous scooter brand TVS Jupiter had sold 2 million units in the four years since its introduction. TVS Motor Company announced the debut of the TVS Apache RR 310 on 6 December 2017. The motorcycle signifies TVS Motor Company’s debut into the domestic and international super-premium segments. TVS Motor Company entered the 125cc scooter category on February 5, 2018 with the introduction of the TVS NTORQ 125. Designed for kids, the TVS NTORQ 125 features a state-of-the-art CVTi-REVV 3 Valve engine and is based on the TVS Racing lineage. The scooter also introduces an innovative technology platform, TVS SmartXonnect, making it the first connected scooter in India. TVS Motor Company introduced the 2018 TVS Apache RTR 160 4V on March 14, 2018. As a testament to the racing heritage of the TVS Apache RTR series, the new TVS Apache RTR 160 4V is the most powerful 160cc motorbike in the segment, establishing a new standard for the class. On August 23, 2018, TVS Motor Company introduced the TVS Radeon, a new 110cc commuter motorcycle.

On September 10, 2018, TVS Motor Company announced that its premium motorbike brand, TVS Apache, has surpassed a significant sales benchmark of 3 million units. On September 18, 2018, TVS Motor Company reported that sales of its TVS NTORQ 125 125cc scooter had surpassed one million units. On September 19, 2018, TVS Motor Company announced its partnership with major Mexican distributor Torino Motors, a Groupo Autofin affiliate. In the first year of the association, Torino Motors and TVS Motor Company will open forty exclusive two-wheeler distribution stores around the nation. Torino Motors has almost forty years of expertise in the region and specialises in automobiles and retail financing.

Top Shareholder

Below is a list of the top shareholders of TVS Motors Share Price as of June 2022.

Top Management

Below is a list of top management TVS Motors Share Price as on June 2022

Highlights From TVS Motor’s Latest Quarterly Results – Q1 FY 23

• TVS Motor business achieves record-breaking first-quarter revenue, EBITDA, and profit.

• The company’s EBITDA for the first quarter of 2022-23 increased to INR 599 Crores from INR 274 Crores in the first quarter of 2021-22. The company’s EBITDA margin for the quarter increased to 10% from 7% in the first quarter of 2021-22.

• In the first quarter of 2022-23, the company reported a Profit Before Tax (PBT) of INR 432 Crores, compared to Rs.102 Crores in the first quarter of 2021-22.

• In Q1, the company had its best quarterly revenue, EBITDA, and profit.

• During Q1 of 2022-23, the company’s revenue increased to Rs. 6,009 Crores from Rs. 3,934 Crores in Q1 of the previous year.

• During the first quarter of 2022-23, EBITDA totals INR 599 Crores, compared to INR 274 Crores in the same period of the previous year. 10% is the EBITDA margin for the quarter.

• During the first quarter of 2022-23, PBT is INR 432 Crores, compared to INR 102 Crores in the same period of the previous fiscal year.

• During Q1 of 2022-23, PAT is INR 321 Crores, compared to INR 53 Crores in Q1 of the previous fiscal year.

FAQ On TVS Motors

• What is TVS Motors share price, and what are the returns for TVS Motor’s shares?

TVS Motors share price is INR 1,067.75  as of  21 September 2022. TVS Motors has provided a return of approximately 95.29% in the past 1 year as of 21st September 2022.

• What are the 52-week highs and lows of TVS Motors Share Price?

As on 21 September 2022:

• • 52-wk high       Rs 1,094.65
  • 52-wk low        Rs 513

• What are the key metrics to analyse TVS Motors Share Price?

Key metrics to analyse TVS Motors share price are: 52-week high, a 52-week low, 1-year return, 5-year return, etc.

• Who are the peers of TVS Motors?

Peers of TVS Motors include Bajaj Auto, Hero Motocorp, Honda, etc.

• What is the market cap of TVS Motors Share Price?

The market cap of TVS Motor is INR 50656.2 Crore as of 21 September 2022

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