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TVS Srichakra Ltd share price logo

TVS Srichakra Ltd

(TVSSRICHAK)

₹3582.91.88%

as on 04:01PM, 22 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

TVS Srichakra Ltd Analyst Rating

based on 1 analysts

SELL

0.00%

Buy

0.00%

Hold

100.00%

Sell

Based on 1 analysts offering long term price targets for TVS Srichakra Ltd. An average target of ₹2500

Source: S&P Global Market Intelligence

TVS Srichakra Ltd Share analysis

TVS Srichakra Ltd price forecast by 1 analysts

Downside of-28.91%

High

₹2500

Target

₹2500.00

Low

₹2500

TVS Srichakra Ltd target price ₹2500, a slight downside of -28.91% compared to current price of ₹3582.9. According to 1 analysts rating.

Source: S&P Global Market Intelligence

TVS Srichakra Ltd Performance

  • Day's Low

    Day's High

    ₹3,504.05
    ₹3,599.8
  • 52 Week's Low

    52 Week's High

    ₹3,484.05
    ₹5,097
1 Month Return-7.06 %
3 Month Return-26.14 %
1 Year Return-28.23 %
Previous Close₹3,516.65
Open₹3,523.15
Volume2,051.00
Upper Circuit-
Lower Circuit-
Market Cap₹2,693.75Cr

TVS Srichakra Ltd Key Statistics

P/E Ratio41.5
PEG Ratio-0.86
Market Cap₹2,693.75 Cr
P/B Ratio2.69
EPS140.68
Dividend Yield1.21
SectorTyres
ROE9.61

TVS Srichakra Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
SELL₹2,693.75 Cr19.68%0.72₹107 Cr₹3,173 Cr
NA₹714.99 Cr-4.88%0.00₹26 Cr₹227 Cr
NA₹2,318.54 Cr3.76%0.53NANA
NA₹5.65 Cr-10.74%-2.56NANA
NA₹80.86 Cr-0.6%0.64NANA

TVS Srichakra Ltd Mutual Fund Holdings

About TVS Srichakra Ltd

TVS Srichakra is a part of the USD 8.5 billion TVS group and has been a major player in the auto ancillary sector since 1982. The company manufactures two-wheeler, three-wheeler, and other industrial tyres, and works in joint ventures with DuPont and Cherry. They have also established subsidiaries such as TVS Srichakra Investments Limited, TVS Sensing Solutions Private Limited, and Fiber Optic Sensing Solutions Pvt Ltd.

The company has invested in modeling software, machine center, and other related infrastructures in order to develop modern products. They are ISO 9001 and ISO 14001 accredited, and won TPM Excellence Award and practice Six Sigma and Lean Manufacturing Techniques.

TVS Srichakra also launched their premium range called MEGA STAR in the year 1999-2000. Further, they invested Rs.3.17 crores to increase their plant capacity of Automotive Tyres to 36 lakhs nos per annum and Tubes to 33 lakhs no per annum.

In FY 2015, the company expanded its two-wheeler tyre distribution channels and participated in various international shows for brand building. Subsequently, the company entered new markets for the sale of off-highway tyres and sold their investments in TVS Europe Distribution Limited due to strategic reasons.

The company also focused on premium models and technological advancements for BSVI standards and vehicle electrification. In August 2019, they have launched the Brand TVS Eurogrip directed at meeting millennial customer needs. Recently, in December 2020 the company announced its planned capital expenditure of Rs. 1000 Crores to ramp up the manufacturing in their Madurai and Pantnagar plants. This investment will result in an increase in two-three wheeler tyre capacity by 25-30%, and double the off-highway tyre capacity from current levels.

Share Price: ₹3582.90 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹2,693.75Cr as of today
Revenue: ₹841.74Cr as on September 2024 (Q3 24)
Net Profit: ₹10.25Cr as on September 2024 (Q3 24)
Listing date: 11 Sep, 1996
Chairperson Name: R Naresh
OrganisationTVS Srichakra Ltd
Headquarters
IndustryTyres
E-voting on sharesClick here to vote

Key events for TVS Srichakra Ltd

  • TVS Srichakra Reports Mixed Financial Results - 20 Nov, 2024

    TVS Srichakra's standalone net sales for September 2024 rose 11.42% to Rs 784.93 crore. However, net profit fell 50.86% to Rs 18.19 crore, and EBITDA decreased by 25.28%. The stock has seen significant declines, with -16.95% returns over the last 6 months and -26.08% over the last year.

  • TVS Srichakra Launches New Trailhound Tyre Variants - 07 Nov, 2024

    TVS Srichakra Ltd launched the Trailhound family of tyres at EICMA 2024, featuring variants for adventure motorcycles and classics. The company aims to strengthen the Eurogrip brand globally.

Insights on TVS Srichakra Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 6.68 Cr → 10.31 Cr (in ₹), with an average increase of 35.2% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 48.28% to 48.30% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.99% to 1.04% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 4 quarters, 720.44 Cr → 844.25 Cr (in ₹), with an average increase of 5.1% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, CEAT Ltd has given 31.2% return, outperforming this stock by 59.5%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 45.70% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, CEAT Ltd has given 132.5% return, outperforming this stock by 66.1%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, TVSSRICHAK stock has moved down by -28.2%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 5.00% to 4.93% in Sep 2024 quarter

TVS Srichakra Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹739.65Cr (-)₹718.85Cr (↓2.81%)₹765.30Cr (↑6.46%)₹790.98Cr (↑3.36%)₹841.74Cr (↑6.42%)
Net Income₹39.05Cr (-)₹24.03Cr (↓38.46%)₹23.72Cr (↓1.29%)₹6.64Cr (↓72.01%)₹10.25Cr (↑54.37%)
Net Profit Margin5.28% (-)3.34% (↓36.74%)3.10% (↓7.19%)0.84% (↓72.90%)1.22% (↑45.24%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,621.72Cr (-)₹2,352.49Cr (↑45.06%)₹2,413.60Cr (↑2.60%)₹2,642.12Cr (↑9.47%)
Total Liabilities₹781.12Cr (-)₹1,367.69Cr (↑75.09%)₹1,373.24Cr (↑0.41%)₹1,528.15Cr (↑11.28%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹297.88Cr (-)₹349.07Cr (↑17.18%)-₹40.36Cr (↓111.56%)₹216.75Cr (↓637.04%)₹240.83Cr (↑11.11%)

Index Inclusions

BSE Small-Cap

₹52,612.93

0.9 (471.78%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

TVS Srichakra Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
45.7%
0.00
Foreign Institutions
1.04%
4.78
Mutual Funds
4.93%
-1.34
Retail Investors
48.3%
0.04
Others
0.03%
-0.33

TVS Srichakra Ltd Key Indicators

Details20202021202220232024
Return On Equity %11.229.084.556.929.61
Details20202021202220232024
Return On Assets %5.14.561.853.234.09
Details20202021202220232024
Book Value Per Share (₹)972.511076.671267.361350.11451.87
Details20202021202220232024
Earning Per Share (₹)107.496.3756.55101.59140.68

TVS Srichakra Ltd Valuation

TVS Srichakra Ltd in the last 5 years

  • Overview

  • Trends

Lowest (8.30x)

March 31, 2020

Industry (27.89x)

November 21, 2024

Today (41.50x)

November 21, 2024

Highest (63.61x)

August 10, 2020

LowHigh

TVS Srichakra Ltd Earnings and Dividends

  • TVS Srichakra Ltd Earnings Results

    TVS Srichakra Ltd’s net profit fell -73.65% since last year same period to ₹10.31Cr in the Q2 2024-2025. On a quarterly growth basis, TVS Srichakra Ltd has generated 54.34% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • TVS Srichakra Ltd Dividends May,2024

    In the quarter ending March 2024, TVS Srichakra Ltd has declared dividend of ₹47.34 - translating a dividend yield of 2.26%.

    Read More about Dividends

TVS Srichakra Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

TVS Srichakra Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on TVS Srichakra Ltd

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TVS Srichakra Ltd (TVSSRICHAK) share price today is ₹3582.9

TVS Srichakra Ltd is listed on NSE

TVS Srichakra Ltd is listed on BSE

  • Today’s highest price of TVS Srichakra Ltd is ₹3599.8.
  • Today’s lowest price of TVS Srichakra Ltd is ₹3504.05.

PE Ratio of TVS Srichakra Ltd is 41.5

PE ratio = TVS Srichakra Ltd Market price per share / TVS Srichakra Ltd Earnings per share

Today’s traded volume of TVS Srichakra Ltd(TVSSRICHAK) is 2,051.00.

Today’s market capitalisation of TVS Srichakra Ltd(TVSSRICHAK) is ₹2693.75Cr.

TVS Srichakra Ltd(TVSSRICHAKPrice
52 Week High
₹5097
52 Week Low
₹3484.05

TVS Srichakra Ltd(TVSSRICHAK) share price is ₹3582.9. It is down -29.71% from its 52 Week High price of ₹5097

TVS Srichakra Ltd(TVSSRICHAK) share price is ₹3582.9. It is up 2.84% from its 52 Week Low price of ₹3484.05

TVS Srichakra Ltd(TVSSRICHAKReturns
1 Day Returns
66.25%
1 Month Returns
-7.06%
3 Month Returns
-26.14%
1 Year Returns
-28.23%