₹4142.2
-1.02% today
· 30d -5.84%
as of 2026-09-04
Price · Daily Candles
“TVS Motor rides high on growth, yet valuation appears stretched amidst FII exit.”
TVS Motor continues its strong growth trajectory, with Q4 revenue up 30.42% YoY and annual net profit increasing 33.89%. Despite an elevated TTM PE of 54.42, which is significantly higher than peers, the company's 3-year net profit CAGR stands at 33.85%. However, the company is free cash flow negative, raising concerns about its intrinsic value model.
BULL CASE
+Q4 revenue surged 30.42% YoY to ₹15,053 Cr, driven by strong demand.
+Annual net profit witnessed a 33.89% YoY growth to ₹3,186 Cr, indicating robust profitability.
+The 3-year net profit CAGR is 33.85%, reflecting consistent earnings expansion.
+Sales growth predictions are strong, with 1-year sales growth (recent 2-year model) ranking in the top 85.4% among peers.
+DIIs increased their stake by 0.54% QoQ to 18.83% in Q4 2026.
BEAR CASE
−The TTM PE of 54.42 is substantially higher than the sector average (e.g., MARUTI at 28.29, M&M at 21.82).
−FIIs reduced their stake by 0.52% QoQ to 22.57% in Q4 2026.
−The company is currently free cash flow negative with a FCF yield of -0.83%, impacting DCF valuation models.
−Operating profit margin declined by 1.57% YoY in Q4 2026, despite strong revenue growth.
−The stock is trading 13.1% off its 52-week high of ₹3970.0 and has seen a 11.21% drop over the last 3 months.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-06-30
REVENUE
₹16296 Cr
+33.46% YoY
NET PROFIT
₹1058 Cr
+64.52% YoY
OPM
15.29%
+0.16pp YoY
EPS
₹21.46
PE 54.42
Intrinsic value · DCF: N/A — Company is currently free-cash-flow negative (-0.7% of mktcap). DCF assumes a going concern generating positive cash flow; a meaningful intrinsic value can only be computed once FCF turns positive. Use the Strategy Fit and ML sections instead.
◇ Sector Position
TVS Motor's PE of 54.42 and ROCE of 17.0% position it as a higher-growth, higher-multiple player compared to peers like Maruti (PE 28.29, ROCE 25.07%) and Bajaj-Auto (PE 27.53, ROCE 25.93%).
PEERPEROCE %
TVSMOTOR54.4217.0
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒
64
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
STRONG
90
Valuation
STRETCHED
20
Growth
STRONG
79
Profitability
HIGH
78
Technicals
NEUTRAL
67
Risk
MODERATE
50
Key Stats
TTM PE
54.42
P/B
49.14
52W HIGH
₹4484.5
OFF HIGH
-7.63%
DIV YIELD
0.35%
MKT CAP
₹197139 Cr
◉ Active Signals
MACDNeutral-51.1797
RSI(14)Neutral42.15
Street Consensus
37 analysts₹3942.41
mean target
Low ₹2280.0Now ₹4142.2High ₹4800.0
⧉ Strategy Fit 🔒