Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

TVS Srichakra Limited

NSE: TVSSRICHAKTyres & Rubber Products

Share price

₹4,374.20

+2.80% close of 9 Oct 2026

Market cap ₹3,499 CrP/E 34.0

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

52

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹3,499 Cr

P/E ratio

34.0

P/B ratio

2.8

ROCE

7.8%

ROE

5.7%

Dividend yield

0.9%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹5,525.5052-week low ₹3,211.50

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 18.6% over the past year, and 11.5% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 6.1% to 8.0% over the last four years.

Whether it grew faster than its sector

It grew 11.5% a year against a sector median of 10.5% — 1.0 percentage points faster.

Room to re-rate, or risk of de-rating

At 34.0× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 19.8×, across 5 companies. It is against its own five-year median of 35.7×, the 43rd percentile of its own range.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

Profit growthPrice per ₹1 profitPer 1% growth
TVS Srichakra Limited — this one-6%/yr34.0×—
MRF Limited52%/yr19.8×₹0.38
Balkrishna Industries Limited1%/yr27.9×₹27.9
Apollo Tyres Limited26%/yr12.0×₹0.46
CEAT Limited54%/yr20.5×₹0.38
JK Tyre & Industries Limited44%/yr13.4×₹0.31

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Tyres & Rubber Products), it ranks 8 of 9 on returns, 3 of 9 on growth, 7 of 9 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 7.8% on capital, ahead of 11% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹866 crore of cash from the business and spent ₹552 crore on plant and equipment, with ₹314 crore to spare; it still raised ₹215 crore from lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 215 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back faster than it used to: it went from being waiting 36 days for its cash to paid 19 days before it paid its own suppliers.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

9 of 10 checks clear · 90%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 13 Aug 2026 · Consolidated · Unaudited

Revenue

₹1,068 Cr

Revenue vs last year

+30.4%

Revenue vs last quarter

+8.8%

Net profit

₹34 Cr

Profit vs last year

+161.7%

Profit vs last quarter

-5.5%

Net margin

3.2%

EPS

₹44.43

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹3,499 Cr
Prev close
₹4,374.20
52w High
₹5,760
52w Low
₹3,185
Enterprise value
₹4,243 Cr
Beta
1.3
Price CAGR 1y
12.0%
Price CAGR 3y
7.0%
Price CAGR 5y
13.0%
Price CAGR 10y
1.0%

Ratios

Return on assets
2.3%
PEG ratio
-5.5
P/E ratio
34.0
P/B ratio
2.8
EV / EBITDA
13.6
Industry P/E
21.0
ROCE
7.8%
ROCE 5y average
8.0%
ROE
5.7%
Debt / Equity
0.6
Interest coverage
2.8
Dividend yield
0.9%
ROE 3y average
6.0%
ROE last year
6.0%

Annual P&L

Annual revenue
₹3,643 Cr
Annual profit
₹71 Cr
Operating margin
8.0%
Net profit margin
1.9%
EBITDA margin
7.8%
Sales growth 3y
6.9%
Sales growth 5y
13.4%
Profit growth 3y
-6.0%
Profit growth 5y
-2.0%
EPS
₹93.0
Sales growth TTM
19.0%
Profit growth TTM
365.0%
Dividend payout
41.0%

Quarter P&L

Sales latest quarter
₹1,068 Cr
Profit latest quarter
₹34 Cr
YoY quarterly sales growth
30.3%
YoY quarterly profit growth
161.5%
OPM latest quarter
7.6%

Balance Sheet

Book Value
₹1,489
Face Value
₹10.0
Total debt
₹767 Cr
Total cash
₹23 Cr
Borrowings
₹767 Cr
Reserves / Equity
147.9

Cash Flow

Operating cash flow
₹297 Cr
Free cash flow
₹187 Cr
FCF yield
3.7%
Net cash flow
₹7 Cr

Shareholding

Promoter holding
45.7%
FII holding
0.9%
DII holding
6.2%
Public holding
47.2%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
MRF1,22,363.6021.151,8960.19495.4-1.38,415.59.615.7
Balkrishna Inds2,007.1027.638,8010.81450.856.43,455.325.211.2
Apollo Tyres402.0012.025,5311.46348.90.17,397.812.813.9
CEAT3,252.5020.713,1561.064.0-96.74,318.022.419.1
JK Tyre & Indust330.7013.39,5341.2044.1-76.63,946.22.015.5
TVS Srichakra4,250.0031.83,2560.8934.02114.71,067.630.37.8
Goodyear India677.0025.41,5623.906.5-97.2774.418.017.4
Median276.2723.11,1010.855.6-1.3496.818.013.4

Competes with: Apollo Tyres Limited, Balkrishna Industries Limited, CEAT Limited, Goodyear India Limited, JK Tyre & Industries Limited, MRF Limited, Modi Rubber Limited, Tolins Tyres Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales7027407197657918428038188199269179811,068
Expenses642649650688736783758752771861838894987
Material Cost460458487516518557
Change in Inventories152446-131.8041
Purchases of Stock-in-Trade9.609.9318202725
Employee Cost97105109106110115
Other Expenses170175201210237248
Operating Profit61916877555944674866788781
OPM %8.63129.51106.9175.548.135.897.118.548.837.57
Other Income3-12-6-03-5-3200-131013
Exceptional items (within Other Income)-4.6518-2.56-140.87-1
Interest12101013131314141412121212
Depreciation24262728293132373436363737
Profit before tax285433311218-6122018174845
Tax %2528282244438223640342525
Net Profit21392424710-6101311113634
EPS in Rs275131318.7213-7.80131715154744
Diluted EPS in Rs131715154744

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,1762,1851,9612,1522,4312,1041,9392,5432,9852,9263,2543,6433,892
Expenses1,9581,8581,6761,8992,1681,8871,7092,3732,7512,6253,0243,3583,580
Material Cost1,8861,979
Change in Inventories-5459
Purchases of Stock-in-Trade5875
Employee Cost405429
Other Expenses735823
Operating Profit219326284253263217230170234301230285312
OPM %101514121110127810788
Other Income-7235151210544-2-51711
Exceptional items (within Other Income)-111.99
Interest33222231373933344448605748
Depreciation42445669851001048092104129142146
Profit before tax13728421116915387985910114637103129
Tax %29332931336242723264431
Net Profit9819014811610382744378108217192
EPS in Rs13024319315213410897571021412793121
Diluted EPS in Rs2793
Dividend Payout %262526263019312932346341

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
5%
5 years
13%
3 years
7%
TTM
19%

Compounded profit growth

10 years
-9%
5 years
-2%
3 years
-6%
TTM
365%

Stock price CAGR

10 years
1%
5 years
13%
3 years
7%
1 year
12%

Return on equity

10 years
10%
5 years
6%
3 years
6%
Last year
6%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital8888888887.667.667.66
Reserves2754045536317217378179631,0271,1041,1761,183
Borrowings274145315312426351208610662842886767
Other Liabilities4144125154756555205907797577399061,082
Minority Interest-0.760
Total Liabilities9709691,3911,4261,8091,6161,6222,3592,4532,6942,9763,039
Fixed Assets3823845326206626876667089051,0841,1671,161
CWIP184463263448632261451439867
Investments14949689797101254255260392414
Other Assets5694937487111,0167857931,1711,1491,2071,3191,397
Total Assets9709691,3911,4261,8091,6161,6222,3592,4532,6972,9803,043

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity2444006418564299307-62206228197297
Cash from Investing Activity-84-120-215-102-120-136-92-282-202-325-154-103
Cash from Financing Activity-158-271149-7952-169-2153480101-47-187
Net Cash Flow29-35-4-51443-37
Free Cash Flow158315-15781-71161210-34720622840187

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days382938415136463427353941
Inventory Days746313895123135149198161159154128
Days Payable52346750837010210285919792
Cash Conversion Cycle59581098691101931311021039677
Working Capital Days75-0-3418283666-13-19
ROCE %30503222181112791158

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters464646464646464646464646
FIIs1.111.161.0211.051.031.060.990.990.970.970.92
DIIs2.775.045.045.024.954.954.954.955.056.176.176.18
Public504848484848484848474747
No. of Shareholders26,66625,38324,96425,45726,27926,35626,40626,55226,33824,31423,89423,926

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +14.7% (₹3,813.20 → ₹4,374.20)Brick size ₹194.35 (fixed)Bricks 30
₹4,000₹5,000₹4,374Nov '25Feb '26May '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹4,374.20 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

744inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

1,25,21,832inr

2026-03-31

News

News and filings about TVS Srichakra Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • carbon black
  • natural rubber
  • nylon tyre cord fabric
  • polybutadiene rubber
  • styrene-butadiene rubber

Depends on the price of

  • Crude Oil Brent
  • rubber

Sells to

  • Atul Auto Limited · three-wheeler tyres
  • Bajaj Auto · two/three-wheeler tyres
  • Hero MotoCorp · two-wheeler tyres
  • Honda Motorcycle & Scooter India · two-wheeler tyres
  • India Yamaha Motor · two-wheeler tyres
  • LML · two-wheeler tyres
  • Mahindra 2 Wheelers · two-wheeler tyres
  • Piaggio · three-wheeler tyres
  • Suzuki Motorcycle India · two-wheeler tyres
  • TVS Motor Company · two/three-wheeler tyres

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Automobile and Auto Components
Industry
Tyres & Rubber Products
Classification
Automobile and Auto Components › Tyres & Rubber Products
ISIN
INE421C01016

Plants

  • TVS Srichakra Madurai plant (Vellaripatti)
  • TVS Srichakra Rudrapur/Pantnagar plant (SIDCUL)

News impact

Big market events that reach TVS Srichakra Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

10 Sep 2026unspecified₹37.8
4 Sep 2025unspecified₹16.89
30 Aug 2024unspecified₹47.34
4 Sep 2023unspecified₹32.05
2 Sep 2022unspecified₹16.3
25 Aug 2021unspecified₹30
17 Mar 2020interim₹20.1
3 Sep 2019unspecified₹40

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.