TVS Motor Company Limited: In-Depth Profile

Quick Facts / Company Snapshot

Metric	Value
Company Name	TVS Motor Company Limited
Ticker Symbol	NSE: TVSMOTOR, BSE: 532343
ISIN	INE494B01023
Industry	Automotive
Headquarters	Chennai, Tamil Nadu, India
Founder	T. V. Sundram Iyengar
Year Founded	1911
CEO / Managing Director	Sudarshan Venu
Chairman Emeritus	Venu Srinivasan
Chairman	Ralf Speth
Total Revenue (FY25)	₹44,089 crore / $6.34 Billion
Operating Income (FY25)	₹6,575 crore
Net Income (FY25)	₹3,535 crore
Total Assets (FY26)	₹55,926 crore
Employee Count	11,505
Total Equity Shares	47,50,87,114
Parent Company	TVS Holdings (TVS Group)
Promoter Shareholding	50.27%
Two-Wheeler Capacity	4.95 Million units annually
Three-Wheeler Capacity	240,000 units annually

Company Overview

TVS Motor Company Limited stands as a titan in the global automotive landscape, pioneering mobility solutions across diverse demographics. Headquartered in Chennai, Tamil Nadu, India, the enterprise ranks as the third-largest motorcycle manufacturer in India by revenue and holds the prestigious position of the second-largest two-wheeler exporter in the nation. The enterprise is distinguished by a sprawling global footprint, delivering mobility solutions to over 80 countries worldwide.

The enterprise operates on a massive scale, boasting an annual production capacity of over 4.95 million two-wheelers and 240,000 three-wheelers. With annual sales consistently crossing the three million unit threshold, the entity has deeply entrenched its presence in both domestic and international markets. Operating under the guiding principles of Trust, Value, Exactness, and a Passion for Customers, the institution has successfully placed over 50 million vehicles on the road globally, cementing its legacy as a lifetime personal transportation provider.

• Total operational vehicles: Over 50 million vehicles currently on road globally.
• Domestic sales momentum: 2.63 Lakh units sold per month on average in India.
• International sales momentum: 0.74 Lakh units sold per month on average internationally.
• Renewable energy commitment: 0% energy requirements met through non-renewable sources where targeted, with substantial MW installed capacity of solar and wind energy.

The enterprise is deeply committed to sustainable mobility, integrating environmental stewardship into its core operational strategy. It operates four state-of-the-art manufacturing facilities—three within India (Hosur, Mysuru, and Nalagarh) and one overseas in Karawang, Indonesia. The organization is the only two-wheeler manufacturer globally to be honored with the coveted Deming Prize for total quality management, reflecting its relentless pursuit of engineering excellence.

Business Segments

The operational architecture is diversified across multiple mobility domains. Below is an in-depth breakdown of the primary business segments. Because exact revenue figures per segment are not explicitly segregated in the foundational disclosures, the revenue contribution percentage is calculated based on available volume disclosures (where applicable) or noted as integrated into the consolidated revenue of ₹44,089 crore.

Motorcycles

The motorcycle segment forms the performance and commuter backbone of the enterprise. This division spans from ultra-premium racing bikes under the Apache series to highly efficient commuter models like the Radeon and Sport.

• Segment Scope: R&D, manufacturing, and distribution of geared two-wheelers.
• Revenue Contribution: Represents the highest volume driver for domestic operations. (Specific segment revenue not isolated; integrated into ₹44,089 crore total).
• Performance Metrics: Achieved a massive 15% year-on-year growth in motorcycle sales recently.

Scooters

This segment targets urban mobility, focusing on ease of use, technological integration, and fuel efficiency. It includes industry-leading models like the Jupiter and the performance-oriented Ntorq series.

• Segment Scope: Manufacturing of gearless two-wheelers targeting urban commuters and youth demographics.
• Revenue Contribution: Integrated into consolidated revenue. Jupiter 125 ranks as the #1 Executive Scooter in Initial Quality.

Electric Vehicles (EV)

Representing the future of mobility, the EV segment is a rapidly scaling division dedicated to zero-emission personal transport.

• Segment Scope: Development and deployment of electric scooters and related battery infrastructure.
• Revenue Contribution: Integrated into consolidated revenue.
• Performance Metrics: Witnessed an astounding 100% increase in EV sales, solidifying leadership in the e-mobility transition.

Mopeds

A unique and highly durable mobility solution designed for heavy-duty utility and rural penetration.

• Segment Scope: Production of multi-utility two-wheelers, primarily the XL100 series.
• Revenue Contribution: Integrated into consolidated revenue.

Three-Wheelers

The commercial mobility arm providing last-mile connectivity and cargo transport solutions.

• Segment Scope: Manufacturing of passenger and cargo three-wheelers powered by Petrol, CNG, LPG, and Electric drivetrains.
• Revenue Contribution: Integrated into consolidated revenue, backed by a dedicated capacity of 240,000 units annually.

Parts, Accessories, and Merchandise

A highly profitable aftermarket and lifestyle segment enhancing customer lifecycle value.

• Segment Scope: Sales of TVS Genuine Parts, Tru4Oil, riding gear, helmets, urban wear, and touring accessories.
• Revenue Contribution: Integrated into consolidated revenue.

History and Evolution

The foundational legacy dates back to 1911 when visionary founder T. V. Sundram Iyengar established Madurai’s first bus service. This venture evolved into a robust transportation business operating a large fleet of trucks and buses under the banner of Southern Roadways.

The shift into automotive manufacturing accelerated in 1962 with the founding of Sundaram Clayton in collaboration with Clayton Dewandre Holdings, United Kingdom. This entity initially manufactured brakes, exhausts, compressors, and various automotive parts. In 1976, the strategic decision was made to set up a dedicated plant in Hosur to manufacture mopeds, marking the birth of the two-wheeler division.

• 1980 Milestone: The rollout of the TVS 50, India’s very first two-seater moped, from the Hosur factory.
• 1987 Milestone: A transformative technical collaboration and joint venture with Japanese auto giant Suzuki Motor Corporation, forming TVS Suzuki.
• 2020 Milestone: The strategic global acquisition of the emotive British brand Norton Motorcycles for £16 million.
• Recent Years: Aggressive expansion into electric mobility and the acquisition of a leading position in the Swiss e-bike market via Swiss E-Mobility Group (SEMG) and EGO Movement.

The institution has consistently outpaced competitors, growing at a Compound Annual Growth Rate (CAGR) of approximately 27.21% over a 10-year period, drastically outperforming the peer median rate of 9.0%.

Products and Services

The product portfolio is vast, characterized by precise engineering and segmented to cater to distinct consumer needs. Below is an exhaustive profile of every product line.

Apache RTX

The Apache RTX represents the pinnacle of adventure and touring performance.

• Engine Capacity: 299.1 cc
• Power Output: 36 PS
• Kerb Weight: 180 Kg
• Pricing: Starting at ₹1,99,000

Apache RR 310

A flagship track-focused supersport machine engineered in collaboration with advanced racing dynamics.

• Engine Capacity: 312.12 cc
• Power Output: 38 PS
• Kerb Weight: 174 kgs
• Pricing: Starting at ₹2,62,240

Apache RTR 310

A naked streetfighter variant offering aggressive styling and high-end technological features. Recognized as the Viewer’s Choice Bike of the Year.

• Engine Capacity: 312.12 cc
• Power Output: 35.6 PS
• Kerb Weight: 169 kgs
• Pricing: Starting at ₹2,25,240

TVS Apache RTR Series (160, 160 4V, 180, 200 4V)

The quintessential premium commuter and entry-level performance series. The RTR 160 2V holds the title of #1 Premium Motorcycle in Initial Quality.

• Engine Capacity: Ranging from 160cc to 197.75cc (RTR 200 4V outputs 20.23 HP / 149 kg).
• Pricing: Series starting at ₹1,13,140

TVS Ronin

A versatile ‘modern-retro’ motorcycle designed for unscripted lifestyle riding.

• Engine Capacity: 225.9 cc
• Power Output: 20.4 PS
• Kerb Weight: 160 kgs
• Pricing: Starting at ₹1,28,690

TVS Raider

An executive motorcycle that redefined the 125cc segment with its futuristic design. Awarded ‘Bike Variant of the Year’ and ‘Commuter of the year’.

• Engine Capacity: 124.8 cc
• Power Output: 8.37 kW @ 7500 rpm
• Kerb Weight: 123 kgs
• Pricing: Starting at ₹82,860

TVS Radeon

A rugged, economy motorcycle built for durability and high mileage. Recognized as the #1 Economy Motorcycle in Initial Quality.

• Engine Capacity: 109.7 cc
• Power Output: 6.03 kW @ 7350 rpm
• Kerb Weight: 113 kgs
• Pricing: Starting at ₹58,450

TVS StaR City+

A premium commuter offering a blend of style, comfort, and advanced engineering.

• Engine Capacity: 109.7 cc
• Power Output: 6.03 kW @ 7350 rpm
• Kerb Weight: 116 kgs
• Pricing: Starting at ₹72,500

TVS Sport

A lightweight, highly efficient daily commuter motorcycle.

• Engine Capacity: 109.7 cc
• Power Output: 6.03 kW @ 7350 rpm
• Kerb Weight: 112 kgs
• Pricing: Starting at ₹58,750

TVS Ntorq Series (125 and 150)

A digitally connected, performance-oriented scooter series targeting Gen Z. The Ntorq is the second most Appealing Executive Scooter in India.

• Ntorq 125: 124.8 cc | 7.5 kW @ 7000 rpm | 110 kgs | Starting at ₹82,500
• Ntorq 150: 149.7 cc | 9.7 kW @ 7000 rpm | 115 kgs | Starting at ₹1,11,350

TVS Jupiter Series (110 and 125)

The quintessential family scooter offering maximum space, comfort, and utility. The Jupiter 125 is ranked the #1 Executive Scooter in Initial Quality.

• Jupiter 110: 113.3 cc | 5.9 kW @ 6500 rpm | 106 Kg | Starting at ₹73,550
• Jupiter 125: 124.76 cc | 6 kW @ 6500 rpm | 108 kgs | Starting at ₹79,600

TVS Zest 110

A nimble, lightweight scooter designed for easy urban maneuverability.

• Engine Capacity: 109.7 cc
• Power Output: 5.75 kW @ 7500 rpm
• Kerb Weight: 103 kgs
• Pricing: Starting at ₹70,850

TVS iQube (Electric)

The flagship electric scooter driving the EV revolution, available in multiple battery trims (2.2 kWh, 3.1 kWh, 3.5 kWh, S 4.7 kWh, ST 5.3 kWh).

• Top Specification (ST): 5.3 kWh Battery Size
• IDC Range: 212 km
• Top Speed: 82 km/h
• Pricing: Starting at ₹84,999

TVS X (Electric)

A radically designed, high-performance electric crossover vehicle. Awarded 2W EV of the Year.

• Battery Size: 3.8 kWh
• IDC Range: 140 km
• Top Speed: 105 km/h
• Pricing: Starting at ₹2,49,990

TVS Orbiter (Electric)

An advanced electric mobility solution maximizing range and efficiency.

• Battery Size: 3.1 kWh
• IDC Range: 158 km
• Pricing: Starting at ₹99,900

TVS XL100

The iconic multi-utility moped that continues to serve as the economic backbone for rural and semi-urban small businesses.

• Engine Capacity: 99.7 cc
• Power Output: 3.2 kW @ 6000 rpm
• Kerb Weight: 88 kgs
• Pricing: Starting at ₹48,250

Three Wheelers (King Series)

A comprehensive lineup of commercial vehicles engineered for varying fuel types and cargo/passenger needs.

• TVS King Deluxe: Passenger transport (CNG, Petrol, LPG).
• TVS King Duramax Plus: Enhanced passenger transport (CNG, Petrol).
• TVS King EV Max: Zero-emission electric passenger transport.
• TVS King Kargo / HD CNG / HD EV: Heavy-duty cargo transport solutions across CNG and Electric powertrains.

Brand Portfolio

Beyond individual product lines, the enterprise operates an ecosystem of highly specialized subsidiary brands and divisions.

Norton Motorcycles

Acquired in 2020, Norton Motorcycles is an emotive, globally renowned British premium brand. It represents the engineering of a global premium comeback, allowing expansion into the ultra-luxury motorcycling segment in Europe and beyond.

Swiss E-Mobility Group (SEMG) & EGO Movement

These brands dominate the personal e-mobility space in Europe. Based in Zurich, Switzerland, they maintain a leading position in the premium e-bike market, aligning with the global transition toward sustainable urban mobility.

TVS Racing

The motorsport division, branded under the banner “Racing DNA Unleashed,” acts as the extreme testing ground for consumer technologies. The engineering goosebumps experienced on the track directly translate to the high-performance dynamics of the Apache series.

TVS Credit Services

The financial backbone facilitating consumer purchasing power. Based in Chennai, India, this corporate division empowers millions of customers with accessible auto-financing solutions.

DriveX Mobility

A modern mobility platform based in Bangalore, offering refurbished two-wheelers and innovative subscription/rental models, integrating closely with the circular economy.

Geographical Presence

The corporate footprint spans the globe, maintaining active sales, distribution, and service networks in over 80 countries. Based on disclosed monthly sales averages (2.63 Lakh India vs 0.74 Lakh International), domestic operations account for approximately 78.04% of the volume-based revenue generation, while international markets contribute 21.96%.

Country / Region Breakdown

• Asia: India, Afghanistan, Bangladesh, Nepal, Sri Lanka.
• South East Asia: Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam.
• Africa: Angola, Benin, Burkina Faso, Burundi, Central African Republic, Chad, Democratic Republic Of The Congo, Egypt, Ethiopia, Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Kenya, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Mauritius, Morocco, Mozambique, Niger, Nigeria, PR Congo, Rwanda, Senegal, Sierra Leone, Somalia, South Africa, South Sudan, Sudan, Tanzania, Togo, Uganda, Zambia.
• Europe: France, Germany, Italy, Malta, Portugal, Spain, Ukraine.
• Middle East and CIS: Armenia, Azerbaijan, Bahrain, Cyprus, Georgia, Iraq, Jordan, Kuwait, Lebanon, Mongolia, Qatar, Saudi Arabia, Seychelles, Turkey, United Arab Emirates, Yemen.
• North America: Costa Rica, Dominican Republic, Guatemala, Haiti, Honduras, Mexico, Nicaragua, Panama.
• South America: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, El Salvador, Paraguay, Peru, Uruguay, Venezuela.
• Indian States & Territories: Delhi, Andaman and Nicobar Islands, Andhra Pradesh, Arunachal Pradesh, Assam, Bihar, Chandigarh, Chhattisgarh, Dadra and Nagar Haveli, Goa, Gujarat, Haryana, Himachal Pradesh, Jammu and Kashmir, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Puducherry, Punjab, Rajasthan, Sikkim, Tamil Nadu, Telangana, Tripura, Uttar Pradesh, Uttarakhand, West Bengal.

Manufacturing & Operational Footprint

• Hosur, Tamil Nadu (India): The foundational mega-facility.
• Mysuru, Karnataka (India): Advanced manufacturing hub.
• Nalagarh, Himachal Pradesh (India): Strategic northern manufacturing node.
• Karawang (Indonesia): The primary overseas manufacturing stronghold serving Southeast Asian markets.

Profit and Loss

The following table meticulously details the consolidated financial trajectory and profitability metrics, showcasing the robust growth capabilities of the enterprise.

Financial Metric	FY 2026 (TTM, USD Thousands)	FY 2025 (INR Crore)	10-Year CAGR (%)
Total Revenue / Sales	$6,340,000	₹44,089	17.31%
Operating Income / EBITDA	$941,711	₹6,575	–
Net Income / PAT	$341,461	₹3,535	–
TTM EPS CAGR	–	–	18.98%
PAT Margin (Abs Growth)	–	–	2.23%

(Note: Exact consolidated rupee segmentations for intermediary years are derived from historical asset and balance sheet growth trajectories as recorded by Tijori Finance).

Balance Sheet

The balance sheet demonstrates intense asset expansion and strategic capital deployment over a ten-year horizon.

Metric (Consolidated in ₹ Crore)	Mar ’24	Mar ’25	Mar ’26
Total Assets	41,826	47,441	55,926
Non-Current Assets	18,000	23,174	32,068
Accounts Payable	6,638	7,561	9,834
Short Term Loans	4,629	2,806	7,700

• Total Debt (FY26 USD Thousands): $3,475,369
• Enterprise Value (FY26 USD Thousands): $19,901,886
• Total Equity Structure: Driven by 47,50,87,114 Equity Shares of face value ₹1 each.

Cash Flow

Cash flow generation remains a critical lever for sustaining immense R&D and capital expenditure.

Cash Flow Metric	FY24 / Recent Benchmark	10-Year CAGR (%)
Operating Free Cash Flow	Stated as robust positive generation	7.14% (CFO CAGR)
Net Debt Reduction	Significant YoY reduction achieved	–

Board of Directors and Leadership Team

The strategic vision of the enterprise is piloted by an elite board of directors, blending deep industry heritage with global automotive expertise.

• Ralf Speth (Chairman): An automotive visionary steering the global corporate governance framework and international expansion strategies.
• Venu Srinivasan (Chairman Emeritus): The architect of the company’s modern quality movement. Conferred with the Ishikawa-Kano Award, the Deming Prize leadership, and the Lifetime Achievement award by ET Awards for Corporate Excellence. His leadership established the foundational ethos of Trust and Value.
• Sudarshan Venu (Managing Director): The dynamic force driving the premiumization of the portfolio, the aggressive pivot toward electric vehicles, and the expansion of the commercial mobility business.

Subsidiaries, Associates, Joint Ventures

The corporate structure includes a web of highly strategic subsidiaries that enhance the core business and open adjacent revenue streams.

Entity Name	Location / HQ	Year Founded	Sector / Scope
TVS Credit Services	Chennai, India	2008	Consumer Finance & Auto Loans
Norton Motorcycles	United Kingdom	–	Emotive Premium Motorcycles
Swiss E-Mobility Group (SEMG)	Zurich, Switzerland	–	Premium E-bikes
EGO Movement	Zurich, Switzerland	2015	E-mobility solutions
DriveX Mobility	Bangalore, India	2020	Refurbished Two-wheelers / Rentals
TVS Motor (Singapore)	Singapore	2003	International Holdings & Operations
Sundaram-Clayton Limited	India	1962	Automotive Parts (Historical JV)

Other Investments (Including Minority / Portfolio Holdings)

Strategic capital is consistently deployed into cutting-edge mobility startups to ensure technological supremacy.

• Ion Mobility: An automotive entity focused on advanced mobility solutions. The enterprise executed a series of investments into Ion Mobility, progressing from Early Stage VC (Aug 2023), to Later Stage VC (Mar 2024), culminating in a Merger/Acquisition deal structure (April 2025).
• TagBox Solution: A supply chain technology entity where the company successfully completed an exit alongside other buyers in 2019.
• Rentongo: An innovative mobility platform acquired completely by the enterprise in June 2017 to bolster digital service offerings.

Physical Properties (offices, plants, factories, etc.)

The physical infrastructure is massive, engineered to support zero-defect manufacturing on a global scale.

• Corporate Office Headquarters: Chaitanya, Number 12, Khader Nawaz Khan Road, Nungambakkam, Chennai, Tamil Nadu 600006, India.
• Hosur Manufacturing Plant: Located in Tamil Nadu, India. The historic site where the first TVS 50 rolled out.
• Mysuru Manufacturing Plant: Located in Karnataka, India. A state-of-the-art facility driving mass production.
• Nalagarh Manufacturing Plant: Located in Himachal Pradesh, India. Serving as a crucial supply node for northern markets.
• Karawang Manufacturing Plant: Located in Indonesia. A vast international facility anchoring Southeast Asian production.

Founders

The conglomerate’s roots trace back to T. V. Sundram Iyengar, a pioneering industrialist who founded the TVS group in 1911. Starting with Madurai’s first bus service under the name Southern Roadways, his obsession with punctuality, exactness, and customer service established the DNA that continues to drive the enterprise over a century later.

Parent

The enterprise operates as a principal pillar of the TVS Group. The immediate parent holding entity is TVS Holdings, which commands a definitive 50.26% promoter stake in the company. The broader conglomerate structure ensures deep synergies across automotive components, finance, and logistics.

Investments and Capital Expenditure Plans

Future-proofing the business is achieved through aggressive capital expenditure and intensive Research and Development.

• R&D Spend: Invested ₹664.7 Crore in a single fiscal year, reflecting an R&D-first approach.
• Patent Portfolio: The innovation pipeline is fiercely protected, with a total of 1,497 document applications and grants, including 282 patent families, 502 granted patents, and numerous pending applications (e.g., thermal regulation for vehicle seats, air filter clogging detection, air guide assemblies).
• Strategic Priorities: Enhancing premiumization across the portfolio, attaining absolute leadership in the EV business, scaling up the commercial mobility business, and embracing sustainability across the entire value chain.

Shareholding Pattern

The equity structure reflects strong promoter backing coupled with massive institutional trust. (Data as of March 2026).

• Promoters (TVS Holdings & Group): 50.27% (23,87,82,786 shares)
• Foreign Institutional Investors (FII): 22.57%
• Mutual Funds: 14.45%
• Retail and Other: 8.33%
• Other Domestic Institutions (DII): 4.39%

Total Issued, Subscribed, and Paid-up Share Capital: 47,50,87,114 Equity Shares.

Future Strategy

The management’s vision, outlined in the Managing Director’s Statement, focuses on “Gearing up for an exciting ride” into the next decade.

• Premiumization: Pushing deeper into high-margin segments globally through the Apache series and Norton Motorcycles.
• EV Dominance: Capitalizing on the 100% year-on-year increase in EV sales by expanding the iQube portfolio and introducing hyper-advanced models like the TVS X.
• Global Depth: Deepening the international presence across the 80+ active countries by localizing distribution and enhancing the “TVS ARIVE” digital experience.
• Commercial Scaling: Expanding the three-wheeler and cargo EV footprint to dominate last-mile sustainable logistics.

Key Strengths

• Unmatched Quality: The only two-wheeler company in the world to win the Deming Prize. Consistently sweeps J.D. Power Initial Quality and APEAL studies.
• Scale and Reach: 4.95 million 2W capacity and exports to 80+ countries hedges against domestic market cyclicality.
• R&D Excellence: A massive portfolio of 1,497 patent applications ensuring technological differentiation in connected tech and battery management.
• Brand Equity: A 100-year legacy of trust, backed by modern accolades like ‘Most Trusted Brand of the Year (2W)’.

Key Challenges and Risks

• Tax and Regulatory Scrutiny: Disclosed evaluation of uncertain direct and indirect tax positions involving matters under dispute relating to Excise, Customs Duty, GST, and Income Tax.
• Valuation Risks: Impairment assessments involving significant management assumptions regarding the fair value and recoverable amounts of material investments and internally generated intangible assets.
• Capital Intensity: Sustaining the heavy R&D and Capex required to fight a multi-front war against legacy ICE competitors and aggressive EV startups.
• Geopolitical Exposure: Operating in volatile emerging markets across Africa and Latin America exposes revenues to currency fluctuations and trade disruptions.

Conclusion and Strategic Outlook

TVS Motor Company Limited is not merely surviving the global transition in personal mobility; it is orchestrating it. By seamlessly blending a century-old obsession with quality with bleeding-edge investments in electric drivetrains and premium European assets, the enterprise has insulated itself from obsolescence.

The financial fundamentals—marked by a ₹44,089 crore revenue base, expanding profit margins, and a soaring asset base of ₹55,926 crore—validate the management’s aggressive strategic priorities. As the organization scales its EV leadership and premium motorcycle segments, it remains firmly positioned as a formidable, highly profitable, and socially responsible global automotive powerhouse.

FAQ Section

1. What is the core business of TVS Motor Company Limited?

The entity principally manufactures motorcycles, scooters, mopeds, three-wheelers, electric vehicles, and related spare parts and accessories for global markets.

2. Where are the manufacturing facilities located?

The enterprise operates four state-of-the-art facilities: Hosur (Tamil Nadu), Mysuru (Karnataka), and Nalagarh (Himachal Pradesh) in India, along with Karawang in Indonesia.

3. Who are the primary leaders of the company?

The leadership team includes Ralf Speth as Chairman, Venu Srinivasan as Chairman Emeritus, and Sudarshan Venu as the Managing Director.

4. What is the current shareholding pattern?

As of the latest disclosures (March 2026), Promoters hold 50.27%, Foreign Institutional Investors hold 22.57%, Mutual Funds hold 14.45%, Retail holds 8.33%, and Domestic Institutions hold 4.39%.

5. What is the company’s approach to electric vehicles?

The organization is aggressively attaining leadership in the EV business, demonstrated by a 100% year-on-year increase in EV sales and the launch of advanced models like the iQube series and TVS X.

6. Does the company own any international brands?

Yes. The enterprise acquired the iconic British brand Norton Motorcycles in 2020. It also owns Swiss E-Mobility Group (SEMG) and EGO Movement to dominate the European e-bike space.

7. How many vehicles does the company produce annually?

The annual production capacity stands at an impressive 4.95 million two-wheelers and 240,000 three-wheelers.

8. What environmental initiatives is the company pursuing?

The company prioritizes sustainability, achieving significant MW installed capacity of solar and wind energy, driving specific GHG emission reductions, and striving for high percentages of renewable power in overall operations.

Official Site: https://www.tvsmotor.com/

Source: Content on FirmsWorld.com is based on publicly available corporate filings, regulatory disclosures, annual reports, SEC 10-K filings, investor relations materials, and, where applicable, direct communications with the company.