Tvs Srichakra Limited (TVSSRICHAK)

Loading page…

Tvs Srichakra Limited (TVSSRICHAK) · mywealthgrid

About

TVS Srichakra manufactures tyres and rubber products in auto components, with recent quarterly revenue around ₹1,000 Cr (consolidated) and market cap of ₹3,448 Cr. Operates in vehicle tyre supply chain—a capital-intensive segment tied to vehicle production and replacement demand.

Face value: ₹10

Market cap

₹3,349 Cr

P/E

39.2×

P/B

2.8×

Dividend yield

0.9%

ROE

1.7%

ROCE

9.2%

Debt / equity

0.64

OPM

7.7%

EPS (TTM)

₹111.5

Book value

₹1,553.8

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Valuation risk: PE 40.37 against ROE 1.7% suggests minimal downside protection; verify recent EPS doubling from ₹18.49 to ₹44.43 reflects sustainable operational improvement rather than one-time items
Margin cyclicality: OPM ranged 7.1–9.1% across recent quarters; tyre margins are sensitive to raw material costs and customer pricing—verify if current levels are structural or cyclical peaks
Earnings quality: EPS more than doubled from ₹18.49 (Dec 2025) to ₹44.43 (Jun 2026) while revenue grew only 25%; trace drivers (margin expansion, share reduction, accounting changes) to assess durability

Generated analysis · source review pending

Growth drivers

Revenue momentum: consolidated revenue grew 25% from ₹850 Cr (Dec 2025) to ₹1,068 Cr (Jun 2026); verify if this reflects market growth or company share gains
Earnings leverage: EPS doubled from ₹18.49 (Dec 2025) to ₹44.43 (Jun 2026) on 25% revenue growth; verify if from margin expansion, operating leverage, or lower shares outstanding
Market confidence: 1-year return of 58.88% and 52-week high of ₹4,737.6 suggest investor appetite; verify if backed by order inflows, capacity expansion plans, or sector tailwinds

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹4,349.3-1.9%1Y

Quick read

rule-based

Pros

+Dividend payout of 34.1% of profit

Cons

−Low return on equity of 7.1% (3-yr avg)
−Thin operating margin of 7.7%
−Profit declined 22.9% a year over the last 5 years

Research score

Structured signal from quality, growth, valuation and momentum.

44/100

Business quality: 21
Growth: 57
Valuation: 53

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Mrf LimitedMRFMRF	₹51,960 Cr	₹54,327 Cr	₹31,889 Cr	₹4,821 Cr	15.7%	₹2,415 Cr	7.8%	16.8%	12.3%	83
Balkrishna Industries LimitedBALKRISINDBALKRISIND	₹40,274 Cr	₹44,380 Cr	₹11,518 Cr	₹2,539 Cr	21.3%	₹1,406 Cr	11.5%	14.8%	8.2%	111
Apollo Tyres LimitedAPOLLOTYREAPOLLOTYRE	₹25,706 Cr	₹28,337 Cr	₹29,308 Cr	₹4,143 Cr	14.6%	₹1,708 Cr	4.8%	13.3%	8.7%	93
Ceat LimitedCEATLTDCEATLTD	₹13,311 Cr	₹16,322 Cr	₹16,467 Cr	₹2,024 Cr	13.1%	₹589 Cr	4.5%	20.5%	14.8%	-21
Jk Tyre & Industries LimitedJKTYREJKTYRE	₹9,812 Cr	₹14,558 Cr	₹16,404 Cr	₹1,887 Cr	12.4%	₹651 Cr	4.8%	16.8%	14.2%	90
Tvs Srichakra LimitedTVSSRICHAKTVSSRICHAK	₹3,349 Cr	₹4,111 Cr	₹3,892 Cr	₹312 Cr	7.7%	₹85 Cr	2%	9.2%	1.7%	77
Goodyear India LimitedGOODYEARGOODYEAR	₹1,604 Cr	₹1,604 Cr	₹1,792 Cr	₹217 Cr	4.5%	₹136 Cr	2.1%	12.5%	9.3%	6
Megamont LtdMEGAMONTMEGAMONT	₹562 Cr	₹565 Cr	₹0 Cr	₹0 Cr	—	₹-0 Cr	—	-1.8%	-3.2%	—
Tolins Tyres LimitedTOLINSTOLINS	₹334 Cr	₹345 Cr	₹317 Cr	₹43 Cr	14.6%	₹33 Cr	10.9%	13.5%	10.4%	400
Modi Rubber LimitedMODIRUBBERMODIRUBBER	₹299 Cr	₹319 Cr	₹35 Cr	₹-26 Cr	-75.8%	₹0 Cr	1.9%	-2.2%	0.1%	-904
Indag Rubber LtdINDAGINDAG	₹277 Cr	₹287 Cr	₹215 Cr	₹9 Cr	4.1%	₹10 Cr	3.8%	5%	4.4%	112
Dolfin Rubbers LtdDOLFINDOLFIN	₹173 Cr	₹192 Cr	₹144 Cr	₹9 Cr	5.3%	₹5 Cr	3.3%	16.8%	16.5%	122

Loading peers…

Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	2,104	1,939	2,528	2,985	2,926	3,254	3,643
COGS	1,204	1,041	1,498	1,768	1,610	1,889	2,112
Gross profit	900	898	1,030	1,217	1,316	1,365	1,531
	684	669	863	988	1,019	1,140	1,252
	215	229	167	229	297	225	279
OPM %	10.2%	11.8%	6.6%	7.7%	10.1%	6.9%	7.7%
Depreciation	100	104	80	92	104	129	142
Interest	38	32	32	40	45	54	50
	10	5	4	4	-2	-5	17
Profit before tax	87	98	59	101	146	37	103
Tax	5	24	16	24	38	16	32
Tax %	5.9%	24.5%	26.7%	23.3%	26.2%	43.8%	31.2%
	82	74	43	78	108	21	71
PAT margin %	3.9%	3.8%	1.7%	2.6%	3.7%	0.6%	2%
EPS (₹)	107.5	96.5	56.8	101.9	141	26.9	93
EPS adjusted (₹)	107.5	96.5	56.8	101.8	140.9	141	26.3
	18.7%	31.1%	28.7%	31.5%	33.6%	62.7%	40.6%
Annual report	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	8	8	8	8	8	8	8	8	8	8	8
Reserves	300	411	631	721	—	817	963	1,027	1,104	1,176	1,183
	191	131	301	417	—	147	555	662	835	880	763
	321	426	486	664	—	651	834	759	750	916	1,090
Total equity & liabilities	820	975	1,426	1,809	—	1,622	2,359	2,456	2,697	2,980	3,043
	264	359	595	638	644	627	676	881	1,059	1,146	1,140
CWIP	14	43	26	33	—	43	209	114	104	67	40
Investments	32	45	68	97	—	125	278	278	283	413	435
	510	528	737	1,042	—	828	1,195	1,183	1,251	1,353	1,427
Total assets	820	975	1,426	1,809	—	1,622	2,359	2,456	2,697	2,980	3,043

Loading financials…

Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	42.8%	46.3%	40.8%	40.8%	45%	41.9%	42%
EBITDA margin %	10.2%	11.8%	6.6%	7.7%	10.1%	6.9%	7.7%
EBIT margin %	5.5%	6.4%	3.4%	4.6%	6.6%	2.9%	3.8%
PAT margin %	3.9%	3.8%	1.7%	2.6%	3.7%	0.6%	2%
Working capital
Receivable days	—	46	35	27	35	39	41
Inventory days	—	149	198	161	159	154	128
Payable days	—	104	102	85	92	97	92
NWC days	—	92	131	102	103	96	77
Leverage
Current ratio	—	1.28	1.33	1.06	1.06	0.94	0.89
Debt to EBITDA	—	0.64	3.32	2.89	2.81	3.92	2.73
Debt to equity	—	0.18	0.57	0.64	0.75	0.74	0.64
Interest coverage	3.3	4.1	3	3.7	4.5	1.9	3
Asset turnover	—	1.2	1.07	1.22	1.09	1.09	1.2
Return ratios
Return on assets %	—	4.6%	1.8%	3.2%	4%	0.7%	2.3%
Return on capital employed %	—	12.4%	7.3%	9.9%	12.8%	6.1%	9.2%
Return on equity %	—	9%	4.5%	7.5%	9.7%	1.7%	6%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

Loading ratios…

Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	45.7%	45.7%	45.7%	45.7%	45.7%	45.7%	45.7%	45.7%	45.7%	45.7%	45.7%	45.7%
	1.11%	1.16%	1.02%	1%	1.05%	1.02%	1.06%	0.99%	0.99%	0.97%	0.97%	0.92%
	2.78%	5.05%	5.05%	5.02%	4.95%	4.95%	4.95%	4.96%	5.06%	6.17%	6.17%	6.18%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	50.41%	48.09%	48.23%	48.28%	48.3%	48.33%	48.29%	48.35%	48.25%	47.16%	47.16%	47.2%
No. of shareholders	—	—	—	—	—	—	—	—	26,338	24,314	23,894	23,926

Promoter holding up 0 percentage points since Sep 2023.

1 deal · 15 Sept 2023 – 15 Sept 2023

Date	Client	Type	Venue	Side	Quantity	Price	Value
15 Sept 2023	ANVIL WEALTH MANAGEMENT PRIVATE LIMITED	Bulk	BSE	Sell	65,077	₹2,940.01	₹19.13 Cr

1–1 of 1

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. RAMACHANDHRAN NARESHExecutive Director-Chairperson related to Promoter-MD
Ms. SHOBHANA RAMACHANDHRANExecutive Director-MD
Mr. VENKATRAMAN RAMAKRISHNANNon-Executive - Independent Director
Ms. SARASWATHI VENKATARAMAN MATHANGINon-Executive - Independent Director
Mr. ASHOK SRINIVASANNon-Executive - Independent Director
Mr. PIYUSH JINENDRAKUMAR MUNOTNon-Executive - Independent Director
Mr. SARGUNARAJ RAVICHANDRANNon-Executive - Non Independent Director
Mr. PADMANABHAN SRINIVASAVARADHANNon-Executive - Non Independent Director
B RajagopalanChief Financial officer
Mr. Chinmoy PatnaikCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

Loading shareholding…

F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

Loading f&o…

Fund holders

Mutual-fund schemes that disclosed a holding in the company.

Portfolio month

Schemes holding

across 2 fund houses

Held by these funds

1.01%

of the company's equity

All mutual funds

6.02%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

4 schemes · 2 fund houses

		Shares
SMALL CAP FUND	Bank of India Mutual Fund	70,803	39.08	1.18%	0.92%	-0
Multi Asset Allocation Fund	Bank of India Mutual Fund	4,068	2.25	0.59%	0.053%	-0
Large Cap Fund	Bank of India Mutual Fund	3,004	1.66	0.72%	0.039%	-0
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	12	0.01	0.01%	0%	-0

Loading fund holders…

Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Documents link to external sources (exchange filings, company investor pages).

Loading documents…

Events

Upcoming dates and the company’s corporate-action history.

Loading events…

Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

92 announcementsExport CSV

29 Sept 2026, 11:18 amCompany Update

Show Cause Notice

General PDF

Loading announcements…

Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	42.8%	46.3%	40.8%	40.8%	45%	41.9%	42%
EBITDA margin %	10.2%	11.8%	6.6%	7.7%	10.1%	6.9%	7.7%
EBIT margin %	5.5%	6.4%	3.4%	4.6%	6.6%	2.9%	3.8%
PAT margin %	3.9%	3.8%	1.7%	2.6%	3.7%	0.6%	2%
Working capital
Receivable days	—	46	35	27	35	39	41
Inventory days	—	149	198	161	159	154	128
Payable days	—	104	102	85	92	97	92
NWC days	—	92	131	102	103	96	77
Leverage
Current ratio	—	1.28	1.33	1.06	1.06	0.94	0.89
Debt to EBITDA	—	0.64	3.32	2.89	2.81	3.92	2.73
Debt to equity	—	0.18	0.57	0.64	0.75	0.74	0.64
Interest coverage	3.3	4.1	3	3.7	4.5	1.9	3
Asset turnover	—	1.2	1.07	1.22	1.09	1.09	1.2
Return ratios
Return on assets %	—	4.6%	1.8%	3.2%	4%	0.7%	2.3%
Return on capital employed %	—	12.4%	7.3%	9.9%	12.8%	6.1%	9.2%
Return on equity %	—	9%	4.5%	7.5%	9.7%	1.7%	6%

Date	Category	Subject	Filing
29 Sept 2026, 11:18 am	Company Update General	Show Cause Notice	PDF
28 Sept 2026, 4:27 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
3 Sept 2026, 5:45 pm	Company Update Acquisition	Announcement under Regulation 30 (LODR)-Updates on Acquisition	PDF
2 Sept 2026, 6:10 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
1 Sept 2026, 6:15 pm	Company Update General	Announcement Under Regulation 30 (LODR) - Update	PDF
1 Sept 2026, 5:57 pm	Others Business Responsibility and Sustainability Reporting (BRSR)	Business Responsibility and Sustainability Reporting (BRSR)	PDF
1 Sept 2026, 5:51 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
1 Sept 2026, 5:41 pm	AGM/EGM AGM	Shareholder Meeting - AGM On Sep 24, 2026	PDF

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	400	64	185	64	298	307	-62	206	228	197	297
	-120	-215	-102	-120	-134	-92	-282	-202	-325	-154	-103
	-271	149	-79	52	-169	-215	348	0	101	-47	-187
Net cash flow	—	—	—	—	—	1	4	4	3	-3	7
Free cash flow	315	-157	81	—	—	210	-347	-2	-23	36	186
CFO / Operating profit %	—	—	—	—	138.3%	134.4%	-37.3%	89.8%	76.8%	87.9%	106.5%

Tvs Srichakra Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Annual reports

Events

Announcements

21

1

Not in the F&O segment

Announcements

Annual reports

Compounded sales growth

Compounded profit growth

Return on equity

Tvs Srichakra Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Annual reports

Events

Announcements

Ratio timeline

Dividends21

Board meetings1

Quarterly record

Bulk & block deals

Board and management

Not in the F&O segment

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

21

1