TVS Motor Share Price Target for 2025, 2026, 2027, 2028, 2029

TVS Motor Company is a leading Indian multinational motorcycle manufacturer headquartered in Chennai, India. Founded in 1978, it is the third-largest motorcycle manufacturer in India and one of the top ten in the world.

TVS Motor Overview

Category Description
Industry Two-wheeler and three-wheeler manufacturing
Headquarters Chennai, India
Founded 1978
Rank 3rd largest motorcycle manufacturer in India, top 10 in the world
Products Scooters, motorcycles, mopeds, three-wheelers
Popular Models Jupiter, Ntorq, Zest, Scooty Pep+, Apache RTR, Raider, Star City

TVS Motor Products

Category Model Variants/Features
Scooters: Jupiter 125 Eco, Classic, Grande, ZX – Fuel injection, i3S technology, digital instrument cluster
Ntorq 125 Race Edition, Super Squad Edition, Matte Edition – Bluetooth connectivity, USB charging, under-seat storage
Zest 110 First Edition, Chrome Edition – Tubeless tires, mobile charging port, alloy wheels
Scooty Pep+ 87.8 Classic, Plus – Economy mode, self-start, kickstart
Motorcycles: Apache RTR 310 200 4V Single Channel ABS, 200 4V Dual Channel ABS – Liquid-cooled engine, LED headlamps, dual disc brakes
Apache RTR 165 RP Drum Brake, Disc Brake – Fuel injection, digital instrument cluster, sporty design
Ronin 225.9 Standard, Camo – LED headlamp, digital instrument cluster, dual disc brakes
Raider 124.8 Smart Edition, Sport Edition – Bluetooth connectivity, i3S technology, alloy wheels
Radeon 109.7 Kickstart, Self Start – Economy mode, tubeless tires, alloy wheels
Mopeds: Star City+ 109.7 Kickstart, Self Start – Economy mode, tubeless tires, alloy wheels
Sport 109.7 Kickstart, Self Start – Economy mode, tubeless tires, alloy wheels
Three-wheelers: King Deluxe, Super deluxe – Payload capacity, fuel efficiency, comfortable cabin
XL Super Plus, Goods Carriers – Large loading capacity, powerful engine, robust design

TVS Motor Awards and Recognition

Year Award/Recognition Category Organizer
2023 Indian Motorcycle Of The Year 2022 Motorcycle of the Year TVS Raider
2023 Bike Awards – 2019 Bike of the Year Apache RTR 200 4V
2022 Highest in Customer Satisfaction J.D. Power Asia Pacific Awards Commuter Motorcycle Segment
2022 Most Appealing Premium Motorcycle J.D. Power Asia Pacific Awards Apache RTR 180
2022 Highest Ranked Economy Motorcycle in Initial Quality J.D. Power Asia Pacific Awards TVS StaR City+
2016 Two Wheeler Manufacturer of the Year NDTV Car and Bike Awards
2016 Most Trusted Brand The Economic Times Most Trusted Brand Survey Two Wheeler Category
Star of Asia Award to Mr. Venu Srinivasan CMD TVS Motor Company Business Week International Leadership
Doctorate in Science by University of Warwick, United Kingdom University of Warwick Academic Recognition
JRD Tata Corporate Leadership Award for the year 2004 Leadership

TVS Motor Fundamentals

Metric Value
Market Capitalization ₹95,231.2 Cr
Revenue ₹28,444.43 Cr
EBITDA ₹7,444.43 Cr
EPS (Earnings per Share) ₹14.43
P/E Ratio (Price-to-Earnings Ratio) 24.32
P/B Ratio (Price-to-Book Ratio) 2.12
Dividend Yield 0.44%
Debt/Equity Ratio 0.72
Book Value ₹68.32
Face Value ₹10
ROE (Return on Equity) 12.32%
Debt ₹20,444.43 Cr

TVS Motor Revenue and Net Profit

Period Revenue (Cr.) Net Profit (Cr.) YoY Revenue Growth (%) YoY Net Profit Growth (%)
Q3 2023 (Oct-Dec) 9,932.82 2,542.00 16.03% 18.72%
Q2 2023 (Jul-Sep) 8,145.00 1,920.00 12.82% 32.00%
Q1 2023 (Apr-Jun) 6,541.00 1,609.00 23.78% 47.00%
Q4 2022 (Jan-Mar) 6,098.00 1,398.00 19.00% 49.00%
Q3 2022 (Oct-Dec) 5,553.00 938.00 12.22% 28.68%
Q2 2022 (Jul-Sep) 5,210.00 725.00 16.73% 48.82%

TVS Motor Shareholding Patterns

Category No. of Shareholders No. of Equity Shares Held % of Total Shares Voting Rights %
Promoter & Promoter Group 27,26,82,786 57.40% 57.40%
Institutions (Domestic) 73 12,76,05,329 26.86% 26.86%
(a) Mutual Funds 29 9,04,60,049 19.04%
(b) Banks 6 79,878 0.02%
(c) NBFCs registered with RBI 7 29,491 0.01%
(d) Alternate Investment Funds 11 76,15,456 1.60%
(e) Insurance Companies 19 2,86,67,697 6.03%
(f) Provident / Pension Funds 1 7,52,758 0.16%
Institutions (Foreign) 483 6,86,52,145 14.45% 14.45%
(a) Foreign Portfolio Investors (Category I) 464 6,46,06,868 13.60%
(b) Foreign Portfolio Investors (Category II) 19 40,45,277 0.85%
Non-Institutions (a) Directors & their relatives (excluding independent directors & nominee directors) 3 74,219 0.02% 0.02%

TVS Motor Share Price Target for 2025, 2026, 2027, 2028, 2029

Year Share Price Target (INR)
2025 3000
2026 4000
2027 5000
2028 6000
2029 7000

TVS Motor Share Price Target for 2025

TVS Motor Share Price Target for 2025 is 3000.

TVS Motor Share Price Target for 2026

TVS Motor Share Price Target for 2026 is 4000.

TVS Motor Share Price Target for 2027

TVS Motor Share Price Target for 2027 is 5000.

TVS Motor Share Price Target for 2028

TVS Motor Share Price Target for 2028 is 6000.

TVS Motor Share Price Target for 2029

TVS Motor Share Price Target for 2029 is 7000.

TVS Motor Share Price Target-

TVS Motor Dividend History

Year Dividend per Share (₹) Dividend Yield (%) Ex-Date Payment Date
2023 5.00 0.44 Jan 24, 2023 Feb 10, 2023
2022 3.75 0.33 Mar 25, 2022 Apr 12, 2022
2021 2.10 0.19 Feb 04, 2021 Feb 20, 2021
2020 1.40 0.13 Mar 17, 2020 Apr 03, 2020
2019 1.25 0.11 Nov 03, 2019 Nov 22, 2019
2018 1.30 0.12 Mar 06, 2018 Mar 26, 2018
2017 2.50 0.23 Nov 08, 2017 Nov 24, 2017
2016 2.50 0.24 Mar 14, 2017 Mar 30, 2017
2015 2.00 0.20 Nov 03, 2016 Nov 24, 2016

TVS Motor Share Split History

Date Split Ratio Cumulated Split Ratio Post-Split Share Price
Dec 18, 2003 10:1 10 ₹35.40
Sep 08, 2010 2:1 20 ₹177.00

Future Outlook of TVS Motor

Positive factors:

  • Strong brand recognition: TVS enjoys a strong brand image in India, particularly known for reliability, affordability, and fuel efficiency.
  • Diverse product portfolio: They offer a wide range of two-wheelers and three-wheelers catering to various segments and price points, from commuter scooters to performance motorcycles.
  • Focus on innovation: TVS invests heavily in research and development, constantly upgrading their technology and features.
  • Global ambitions: Their expanding presence in international markets opens up new avenues for growth.
  • Electric vehicle focus: TVS is actively developing electric vehicles, capitalizing on the growing demand for sustainable mobility.
  • Strategic partnerships: Collaborations with global players like BMW Motorrad and Norton Motorcycles enhance their technological expertise and product offerings.
  • Focus on sustainability: Adopting sustainable practices aligns with global trends and attracts environmentally conscious consumers.

Risks Associated With Investing in TVS Motor

Category Risk Explanation Impact
Financial Risks: High Debt Ratio TVS Motor has a relatively high debt-to-equity ratio, meaning they rely heavily on borrowed funds. This can increase their financial risk if interest rates rise or the economy weakens. Potential financial instability, decreased profitability, reduced dividend payments.
Dependence on Indian Market TVS Motor’s revenue and profits are largely generated in India. This makes them vulnerable to economic fluctuations and political instability in the country. Reduced growth, lower share price performance, currency exchange fluctuations.
Rising Input Costs The cost of raw materials and labour can significantly impact TVS Motor’s profitability. Inflation or global supply chain disruptions can further exacerbate this risk. Reduced profitability, potential price hikes for vehicles, decreased competitiveness.
Market Risks: Competition The Indian two-wheeler market is highly competitive, with established players like Hero MotoCorp and Bajaj Auto. New entrants and technological advancements can further intensify competition. Market share loss, reduced profitability, difficulty in maintaining brand loyalty.
Slowdown in Two-Wheeler Demand Economic slowdown or changes in consumer preferences can lead to a decrease in demand for two-wheelers, impacting TVS Motor’s sales and profitability. Reduced revenue, potential inventory overstock, lower investor confidence.
Electric Vehicle Transition The transition towards electric vehicles (EVs) could disrupt the traditional two-wheeler market. TVS Motor’s success will depend on its ability to adapt and compete effectively in the EV segment. Potential loss of market share in conventional vehicles, challenges in establishing EV presence, high R&D investment required.
Operational Risks: Quality Control Issues Maintaining consistent quality standards across a diverse product range and geographically dispersed operations can be challenging. Product recalls or safety concerns can damage brand reputation and investor confidence. Reputational damage, potential lawsuits, production disruptions, decreased sales.
Labor Unrest Labor strikes or disruptions can lead to production stoppages and financial losses. Production delays, delivery issues, potential customer dissatisfaction, negative impact on brand image.
Regulatory Risks: Government Policies Changes in government policies related to vehicle emissions, safety standards, or import duties can impact TVS Motor’s operations and profitability. Regulatory compliance costs, potential production adaptations, market uncertainty.

TVS Motor Competitors

Category Competitors Strengths Weaknesses Strategies
Domestic Two-wheelers: Hero MotoCorp – Largest market share in India – Limited international presence – Focus on value and fuel efficiency
Bajaj Auto – Strong brand with diverse product range – Declining market share in commuter segment – Diversification into premium segment
Honda Motorcycle & Scooter India – Renowned for quality and reliability – Higher price point compared to TVS – Focus on premium scooters and motorcycles
YAMAHA Motor India – Premium image and performance focus – Limited presence in commuter segment – Targeting young riders and sports enthusiasts
Royal Enfield – Iconic brand with loyal following – Limited product range and higher price point – Expanding product portfolio and global reach
International Two-wheelers: Suzuki Motor Corporation – Global presence and diverse product range – Limited presence in low-cost segment – Targeting premium and performance segments
Piaggio Group – Strong presence in scooters and three-wheelers – Limited footprint in motorcycles – Growing market share in Asia and Africa
BMW Motorrad – Premium brand with high-performance motorcycles – Niche market appeal – Collaborations with TVS Motor for Indian market
Electric Two-wheelers: Ather Energy – First mover advantage in premium electric scooters – Limited production capacity and high price point – Focus on innovation and brand building
Ola Electric – Aggressive marketing and competitive pricing – Quality concerns and supply chain issues – Expanding product portfolio and service network
Hero Electric – Leader in low-cost electric two-wheelers – Lack of brand recognition and limited range – Targeting affordability and rural markets

TVS Motor Share Price FAQs

Q: Is TVS Motor a good investment option?

A: Whether or not TVS Motor is a good investment option for you depends on your individual financial goals and risk tolerance. It’s crucial to conduct your own research, consider the risks and potential rewards, and consult with a financial advisor before making any investment decisions.

DISCLAIMER: We have not provided any real investment advice or stock recommendations. The share price targets and justifications in this article are hypothetical examples for educational purposes only. Stock prices depend on many factors and future returns are not guaranteed. Readers should do their own research before investing. Or consult a registered financial advisor for guidance. We do not guarantee any stock performance or returns. Investing in stocks involves risks.

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