TVSSRICHAKConsumer Discretionary

TVS Srichakra Limited

Tyres & Rubber Products · ISIN INE421C01016 · BSE 509243 · NSE EQ · FV ₹10
Last price
₹4,886
+4.28%today
What this company does

TVS Srichakra Limited operates in Tyres & Rubber Products, part of the Consumer Discretionary sector. It booked ₹1,068 cr of revenue in its latest quarter (Q1 FY27) and kept 3.2% of sales as profit. It is the 6th largest of 8 Tyres & Rubber Products companies we track, by market value.

The Company is engaged in the business of two-wheeler, three-wheeler and other i .
In the report:
54out of 100
Equitytale Health Score
Mixed

Healthier than 54% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 187–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
49

At close. Not part of the score.

Profitability & returns58

How much profit it earns on the money it employs

Balance sheet36

How much it owes, and whether earnings cover the interest

Cash quality69

Whether reported profit actually arrives as cash

Growth & consistency46

Whether sales and profit have grown, and how steadily

Valuation34

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 30% vs last year
Profit up 164% vs last year
Promoters hold 46%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 3.2% net margin

What if I invest in TVSSRICHAK?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 11% a year, it would become
₹21.24 lakh

The slider starts at 11%, taken from this company's own revenue trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹4,886 +4.28%
latest close · 2026-09-17
1-year return
+135.7%
52-wk low ₹1,45152-wk high ₹5,760
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio27.5Average
LowAverageHigh
P/B ratio3.14High
Below bookModerateHigh
EV / EBITDA11.9Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity11.4%Fair
WeakFairStrong ▸15%
Return on capital13.9%Fair
WeakFairStrong
Net margin3.2%Thin
ThinDecentStrong
EBITDA margin8.8%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.64Moderate
LowModerateHigh ▸1
Interest cover4.9×Okay
RiskyOkayStrong ▸5×
Current ratio0.89Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹3,743 cr
Book value
₹1,554
EPS
₹44.43
latest quarter
Net debt
₹743 cr
owes more than its cash
Enterprise value
₹4,486 cr
EBITDA
₹376 cr
annualised
EBIT
₹228 cr
annualised
Operating margin
5.3%
Return on assets
4.5%
Earnings yield
3.64%
P/S
0.88
Sales / share
₹5,575.0
Tax rate
24.8%
Face value
₹10
Shares
0.8 cr
Working capital
₹-156 cr
Current assets
₹1,256 cr
Current liabilities
₹1,412 cr
Delivery %
37.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹727₹1,887, midpoint ₹966

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹1,068 cr
Other Income₹14 cr
Total Income₹1,082 cr
Cost of Materials₹557 cr
Purchases of Stock-in-Trade₹25 cr
Inventory Change (±)₹41 cr
Employee Benefit Expense₹115 cr
Finance Costs₹12 cr
Depreciation & Amortisation₹37 cr
Other Expenses₹248 cr
Total Expenses₹1,036 cr
Exceptional Items₹-1 cr
Profit before Tax₹45 cr
Tax Expense₹11 cr
Net Profit₹34 cr
Net margin on total income3.1%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹624 cr57.7%
Employee benefit expense₹115 cr10.7%
Finance costs₹12 cr1.1%
Depreciation & amortisation₹37 cr3.4%
Other expenses₹248 cr22.9%
Tax expense₹11 cr1.0%
Profit for the period₹34 cr3.1%
Total income ₹1,082 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue917 cr981 cr1,068 cr
Total income917 cr990 cr1,082 cr
Expenses887 cr943 cr1,036 cr
Profit before tax17 cr48 cr45 cr
Tax6 cr12 cr11 cr
Net profit (owners' share)11 cr29 cr34 cr
Net margin (owners' share, on revenue)1.2%3.0%3.2%
EPS (₹)14.5647.1344.43
YoY (latest quarter): total income +31.7% · net profit +164.1%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹3,043 cr
Shareholder equity
₹1,190 cr
parent shareholders
Total debt
₹763 cr
Cash
₹20 cr
Cash flow · H1 FY26
Operating
₹206 cr
Investing
₹-67 cr
Financing
₹-131 cr
Peer comparison
Tyres & Rubber Products · by market value
CompanyPriceMarket capP/E
MRF Limited₹1,24,585₹52,824 cr26.7
Balkrishna Industries Limited₹2,171₹41,962 cr23.3
Apollo Tyres Limited₹412₹26,176 cr18.7
CEAT Limited₹3,431₹13,724 cr801.7
JK Tyre & Industries Limited₹349₹10,049 cr56.2
TVS Srichakra Limitedthis company₹4,886₹3,743 cr27.5
Tolins Tyres Limited₹88₹349 cr14.0
Modi Rubber Limited₹124₹310 cr18.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.77%
trailing 12 months
Dividend / share (TTM)
₹37.8
Last dividend
₹37.8
ex 10 Sep 2026
ActionDetailEx-date
Dividend₹37.8 / share10 Sep 2026
Dividend₹16.89 / share4 Sep 2025
Dividend₹47.34 / share30 Aug 2024
Dividend₹32.05 / share4 Sep 2023
Dividend₹16.3 / share2 Sep 2022
Dividend₹30 / share25 Aug 2021
Who owns it · 2026-06-30
No pledge
Promoter
45.7%
FII / Foreign
0.9%
DII / Domestic
6.2%
Retail / others
47.2%
Smart-money activity
Insider trades
BoughtMs SHOBHANA RAMACHANDHRAN · Promoter Group9,880 · ₹3.3 cr12 Jan 23
BoughtMr R Haresh on behalf of Sundaram Trust · Promoter Group8,601 · ₹2.8 cr22 Dec 22
BoughtMr R Haresh on behalf of Sundaram Trust · Promoter Group1,861 · ₹59.1 L21 Dec 22
Bulk / block deals
SoldSUNDARAM TRUST · NSE50,000 @ ₹1,61523 Dec 14
BoughtNANDKISHOR & CO. · NSE40,000 @ ₹274.3813 Jan 11
SoldMinaxi Trivedi · NSE42,272 @ ₹272.3313 Jan 11
Stake changes
BoughtNilesh Kishor Shah along with PAC→ 5.25% · 30,00027 Mar 25
SoldT V Sundram Iyengar & Sons Private Limited T V Sundram Iyengar & Sons Pvt Ltd TVS Mobility Pvt Ltd and PACs · promoter→ 0.00% · 28.73 L10 Jan 22
BoughtTVS Mobility Private Limited T V Sundram Iyengar & Sons Private Limited and PAC · promoter→ 37.52% · 28.73 L6 Jan 22
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 29 Mar 2026
See the official result
1
Re-appointment of Mr. R Naresh as Managing Director (Designated as Executive Vice-Chairman) for a term of Three (3) years effective from 16th June 2026
Promoters had a personal stake in this
Backed by 77% of shareholders other than promotersneeded 75%
4.35 L votes for, 1.30 L against · 25% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 8 named members
owning 45.7% between them · as of 2026-06-30
TVS MOBILITY PRIVATE LIMITED37.52%
Ms SHOBHANA RAMACHANDHRAN3.88%
Mr R NARESH1.89%
NITYA KALYANEE INVESTMENT LIMITED1.59%
Mr R HARESH (on behalf of SUNDARAM TRUST)0.81%
Mr R HARESH0.01%
Mr R DINESHno shares
T V SUNDRAM IYENGAR & SONS PRIVATE LIMITEDno shares
Business done with them
FY2025 · 4 of the group
The company paid ₹11 cr to companies in the promoter group last year — about 0.3% of its ₹3,254 cr revenue and received ₹2 L back from them.
TVS MOBILITY PRIVATE LIMITED
Paid them for services · Purchases, Sales, Rent and receipt of services
also owns 37.52% of the company
₹4 cr
company paid
Ms. Shobhana Ramachandhran
Other payments to them · Rent Paid, Salaries, Receipt of Services and Commission
also owns 3.88% of the company
₹3 cr
company paid
Mr. R Naresh
Other payments to them · Salaries, Sitting Fees, Commission and Receipt of Services and Commission
also owns 1.89% of the company
₹3 cr
company paid
TVS MOBILITY PRIVATE LIMITED
Bought goods from them · Purchases, Sales, Rent and receipt of services
also owns 37.52% of the company
₹40 L
company paid
TVS MOBILITY PRIVATE LIMITED
Sold goods to them · Purchases, Sales, Rent and receipt of services
also owns 37.52% of the company
₹2 L
company received
Mr. R Haresh
Other payments to them · Sitting Fee
also owns 0.01% of the company
₹1 L
company paid
TVS MOBILITY PRIVATE LIMITED
Other payments to them · Purchases, Sales, Rent and receipt of services
also owns 37.52% of the company
₹1 L
company paid

The company also transacted with 17 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.