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TVS Holdings (TVSHLTD) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹287B

TH TVS Holdings TVSHLTD · NSE
Price₹14,085
Fair Value₹18,439
Upside+30.9%
Quality53/100
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Evidence: Medium Range ₹13,829 – ₹26,785

Fair value as of: Jul 3, 2026

From 16 valuation models · updated today

Share price +4.1% over the past month.

Price vs Fair Value (12 months)

₹15,643 ₹10,901 Fair Value ₹18,439 Jul 2025 Jul 2026

12‑month range ₹10,901 – ₹15,643 · fair‑value band ₹13,829 – ₹26,785 · the ₹14,085 price screens below the ₹18,439 fair value. As of Jul 3, 2026.

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Analysis

TVS Holdings (TVSHLTD) currently trades at ₹14,085, while our model-based Fair Value estimate is ₹18,439 — implying the stock looks roughly 30.9% undervalued today. We read business quality at 53/100 (solid quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium) — always confirm before acting.

Over the trailing twelve months, TVS Holdings generated revenue of ₹502B at a net margin of 3.4%. Revenue grew 33.6% year over year. It earns a return on equity of 29.4%. Net debt stands at ₹308B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹502B
Revenue growth (YoY) +33.6%
Net margin 3.4%
Return on equity 29.4%
Free cash flow −₹24.0B FY2026
P/E ratio 16.9
More key figures
Operating margin 0.2%
EPS (TTM) ₹838.63
Dividend yield 0.6%
EPS growth (YoY) +49.9%
Net debt ₹308B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

TVS Holdings Limited provides automotive vehicles and parts in India and internationally. It offers two and three-wheelers; and mobility solutions through a portfolio of e-bikes, e-cargo bikes, and matching accessories. The company also provides unsecured loans; financing services for two wheelers, used cars, used and new tractors, used commercial vehicles, and consumer durables; and digital finance products, emerging and corporate business loans, and personal loans. In addition, it is involved in the procurement, refurbishment, and retailing of the pre-owned multi-brand two-wheeler motorcycles and scooters through its own stores, as well as through its franchisee dealers; and trading of spare parts, accessories, and engine oils for two-wheelers. Further, the company offers digital / information technology and other related services; and solutions across autotech and fintech platforms. Additionally, it engages in investment activities. The company was formerly known as …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

TVS Holdings reported revenue of ₹582B in FY2026 versus ₹256B in FY2022, a compound +22.8%/yr. Reported net income was ₹17.0B in FY2026, compounding +40.1%/yr from FY2022.

Revenue +22.8%/yr
FY22 ₹256B
FY23 ₹298B
FY24 ₹346B
FY25 ₹388B
FY26 ₹582B
Net income +40.1%/yr
FY22 ₹4.4B
FY23 ₹6.5B
FY24 ₹8.0B
FY25 ₹11.6B
FY26 ₹17.0B

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Frequently asked questions

Is TVS Holdings (TVSHLTD) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹18,439 versus a price of ₹14,085 — about +31% (undervalued). Model-based estimate, not financial advice.
What is the fair value of TVSHLTD?
Our model-based fair value for TVS Holdings is ₹18,439 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹14,085.
What is the quality score of TVSHLTD?
TVS Holdings has a Quality Score of 53/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of TVS Holdings (TVSHLTD)?
TVS Holdings reported trailing-twelve-month revenue of about ₹502B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of TVSHLTD?
The net profit margin of TVS Holdings is about 3.4%, meaning it keeps roughly 3.4% of revenue as net income. Based on the latest reported figures.
Does TVS Holdings pay a dividend?
TVS Holdings currently shows a dividend yield of about 0.63% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.