Integrated Filing — IndAS



General information about company

Scrip Code 532343
NSE Symbol TVSMOTOR
MSEI Symbol NOTLISTED
ISIN INE494B01023
Name of company TVS Motor Company Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 13-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 05-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 13-05-2026   10:45:00
End date and time of board meeting 13-05-2026   13:05:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Unaudited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 15,05,273.00 56,06,952.00
Other income 665.00 2,201.00
Total income 15,05,938.00 56,09,153.00
2 Expenses
(a) Cost of materials consumed 9,09,826.00 33,27,005.00
(b) Purchases of stock-in-trade 42,108.00 1,23,066.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 609.00 37,905.00
(d) Employee benefit expense 1,15,109.00 4,39,161.00
(e) Finance costs 56,582.00 2,22,982.00
(f) Depreciation, depletion and amortisation expense 31,454.00 1,27,264.00
(f) Other Expenses
1 Other expenses 2,18,930.00 8,40,482.00
Total other expenses 2,18,930.00 8,40,482.00
Total expenses 13,74,618.00 51,17,865.00
3 Total profit before exceptional items and tax 1,31,320.00 4,91,288.00
4 Exceptional items 0.00 (5,008.00)
5 Total profit before tax 1,31,320.00 4,86,280.00
6 Tax expense
7 Current tax 45,300.00 1,62,038.00
8 Deferred tax 2,558.00 1,493.00
9 Total tax expenses 47,858.00 1,63,531.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 83,462.00 3,22,749.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method (1,507.00) (4,106.00)
16 Total profit (loss) for period 81,955.00 3,18,643.00
17 Other comprehensive income net of taxes 19,945.00 50,691.00
18 Total Comprehensive Income for the period 1,01,900.00 3,69,334.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 77,152.00 3,01,833.00
Total profit or loss, attributable to non-controlling interests 4,803.00 16,810.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 19,751.00 50,581.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 194.00 110.00
21 Details of equity share capital
Paid-up equity share capital 4,751.00 4,751.00
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 9,51,674.00
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 16.24 63.53
Diluted earnings (loss) per share from continuing operations 16.24 63.53
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 16.24 63.53
Diluted earnings (loss) per share from continuing and discontinued operations 16.24 63.53
24 Debt equity ratio 2.600 2.600
25 Debt service coverage ratio 2.1200 3.0300
26 Interest service coverage ratio 18.500 17.7500
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Please refer Notes to financial results provided in PDF filed with stock exchanges.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 6,05,009.00
Capital work-in-progress 97,355.00
Investment property 14,565.00
Goodwill 73,143.00
Other intangible assets 1,70,678.00
Intangible assets under development 1,09,867.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 10,723.00
Non-current financial assets
Non-current investments 51,941.00
Trade receivables, non-current 0.00
Loans, non-current 12,29,873.00
Other non-current financial assets
1 Others 12,407.00
Total of other non-current financial assets 12,407.00
Total non-current financial assets 12,94,221.00
Deferred tax assets (net) 57,446.00
Other non-current assets
1 Income tax assets 902.00
2 Others 69,210.00
Total of other non-current assets 70,112.00
Total non-current assets 25,03,119.00
2 Current assets
Inventories 2,45,920.00
Current financial asset
Current investments 52,000.00
Trade receivables, current 2,65,413.00
Cash and cash equivalents 3,92,645.00
Bank balance other than cash and cash equivalents 57,467.00
Loans, current 17,98,844.00
Other current financial assets
Total of other current financial assets 50,742.00
Total current financial assets 26,17,111.00
Current tax assets (net)
Other current assets
1 Others 2,37,216.00
Total of other current assets 2,37,216.00
Total current assets 31,00,247.00
3 Non-current assets classified as held for sale 46,696.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 56,50,062.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 4,751.00
Other equity 9,51,674.00
Total equity attributable to owners of parent 9,56,425.00
Non controlling interest 1,14,861.00
Total equity 10,71,286.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 12,48,626.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Others 49,946.00
Total of other non-current financial liabilities 49,946.00
Total non-current financial liabilities 12,98,572.00
Provisions, non-current 35,486.00
Deferred tax liabilities (net) 35,500.00
Deferred government grants, Non-current 0.00
Other non-current liabilities
1 Others 2,450.00
Total of other non-current liabilities 2,450.00
Total non-current liabilities 13,72,008.00
Current liabilities
Current financial liabilities
Borrowings, current 19,13,767.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 13,112.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 9,70,316.00
Total Trade payable 9,83,428.00
Other current financial liabilities
1 Lease liability 66,762.00
2 Others 92,231.00
Total of other current financial liabilities 1,58,993.00
Total current financial liabilities 30,56,188.00
Other current liabilities 1,11,861.00
1 Others 1,11,861.00
Total of other current liabilities 1,11,861.00
Provisions, current 24,154.00
Current tax liabilities (Net) 14,565.00
Deferred government grants, Current 0.00
Total current liabilities 32,06,768.00
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 45,78,776.00
Total equity and liabilites 56,50,062.00
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Unaudited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Automotive Vehicles & Parts 13,21,735.00 48,90,684.00
2 Financial services 1,84,733.00 7,20,195.00
Total Segment Revenue 15,06,468.00 56,10,879.00
Less: Inter segment revenue 530.00 1,726.00
Revenue from operations 15,05,938.00 56,09,153.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Automotive Vehicles & Parts 1,04,961.00 3,95,802.00
2 Financial services 35,066.00 1,25,039.00
Total Profit before tax 1,40,027.00 5,20,841.00
i. Finance cost 8,707.00 29,553.00
ii. Other Unallocable Expenditure net off Unallocable income 1,507.00 9,114.00
Profit before tax 1,29,813.00 4,82,174.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Automotive Vehicles & Parts 21,04,939.00 21,04,939.00
2 Financial services 35,45,123.00 35,45,123.00
Total Segment Asset 56,50,062.00 56,50,062.00
Un-allocable Assets 0.00 0.00
Net Segment Asset 56,50,062.00 56,50,062.00
4 Segment Liabilities
Segment Liabilities
1 Automotive Vehicles & Parts 16,77,704.00 16,77,704.00
2 Financial services 29,01,072.00 29,01,072.00
Total Segment Liabilities 45,78,776.00 45,78,776.00
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 45,78,776.00 45,78,776.00
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Unaudited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Amount of items that will not be reclassified to profit and loss 2,664.00 17,980.00
Total Amount of items that will not be reclassified to profit and loss 2,664.00 17,980.00
2 Income tax relating to items that will not be reclassified to profit or loss (856.00) 962.00
3 Amount of items that will be reclassified to profit and loss
1 Amount of items that will be reclassified to profit and loss 16,443.00 33,607.00
Total Amount of items that will be reclassified to profit and loss 16,443.00 33,607.00
4 Income tax relating to items that will be reclassified to profit or loss 18.00 (66.00)
5 Total Other comprehensive income 19,945.00 50,691.00



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 4,86,280.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 30,869.00
Adjustments for decrease (increase) in inventories (4,262.00)
Adjustments for decrease (increase) in trade receivables, current (87,476.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (84,223.00)
Adjustments for decrease (increase) in other non-current assets 33,689.00
Adjustments for other financial assets, non-current (3,98,670.00)
Adjustments for other financial assets, current (46,781.00)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 2,27,367.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 10,449.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 1,27,264.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 8,004.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 48,425.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (6,331.00)
Adjustments for dividend income 0.00
Adjustments for interest income 4,186.00
Adjustments for share-based payments 1,966.00
Adjustments for fair value losses (gains) 8,783.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (1,960.00)
Other adjustments to reconcile profit (loss) 3.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (1,37,070.00)
Net cash flows from (used in) operations 3,49,210.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 1,62,551.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 1,86,659.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 33,502.00
Other cash payments to acquire equity or debt instruments of other entities 18,677.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 404.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 3,23,508.00
Proceeds from sales of investment property 8,889.00
Purchase of investment property 427.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 4,178.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (2,96,447.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 2,848.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 608.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 3,55,565.00
Repayments of borrowings 1,44,754.00
Payments of lease liabilities 41,407.00
Dividends paid 57,010.00
Interest paid 24,917.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 90,933.00
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (18,855.00)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (18,855.00)
Cash and cash equivalents cash flow statement at beginning of period 4,11,500.00
Cash and cash equivalents cash flow statement at end of period 3,92,645.00





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 SUNDARAM & SRINIVASAN Yes 30-09-2027