TVS Holdings Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
TVSHLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
TVS Holdings Limited reported standalone revenue of Rs 516.34 Crores for FY26, down from Rs 637.30 Crores in FY25, reflecting a 19% revenue decline. However, standalone net profit after tax stood at Rs 322.30 Crores compared to Rs 352.16 Crores in the previous year. On a consolidated basis, the company reported strong revenue of Rs 58,154.50 Crores (up 29% from Rs 44,993.16 Crores) with consolidated PAT of Rs 3,390.19 Crores, up 42.5% from Rs 2,379.34 Crores. The company issued NCDs worth Rs 650 Crores during Q4 and invested Rs 526.79 Crores in Home Credit India Finance Private Limited. An interim dividend of Rs 86 per share (Rs 174 Crores) was declared. Net Debt to Equity ratio increased to 0.90 from 0.45. Statutory auditors issued an unmodified (clean) opinion on both standalone and consolidated financials.
The standalone revenue decline may concern investors focused on standalone performance, but the strong consolidated results driven by subsidiary TVS Motor Company show robust growth. The doubling of leverage ratio to 0.90 warrants monitoring. The clean audit opinion is positive for shareholder confidence.