TVSSRICHAKNSETVS Srichakra Limited· TyresHighNeutral
Announced Wed, 27 May · 14:20 IST

TVS Srichakra Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Pat Growth 25pctExceptional ItemEbitda Margin CompressionResults View source PDF

TVSSRICHAK · price

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Price reaction · full curve 14 horizons · vs prior close
+7.6%1-day move
₹3585.00
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₹3661.20
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AI summary

TVS Srichakra reported standalone revenue from operations of Rs 3,389.66 crore for FY26, up 12.1% from Rs 3,022.90 crore in FY25. Net profit after tax surged to Rs 82.71 crore from Rs 36.96 crore, roughly doubling year-on-year, driven by lower raw material costs and operating efficiencies. EBITDA margin compressed to approximately 5.6% from 6.7% in the prior year. Exceptional items of Rs 24.12 crore were recorded, primarily comprising Rs 18.81 crore government grant income (SIPCOT subsidy), Rs 5.36 crore voluntary retirement scheme costs, and Rs 11.09 crore towards new labour code implementation. The Board recommended a final dividend of Rs 37.80 per share (378%), subject to shareholder approval. Operating cash flow remained positive at Rs 281.30 crore. Statutory auditors issued unmodified (clean) opinions on both standalone and consolidated financials.

Likely market impact

The near-doubling of net profit on 12% revenue growth reflects improved operational efficiency, which is positive for shareholders. However, EBITDA margin compression is a watch point. The clean audit opinion removes any immediate concerns about financial reporting quality.