Earnings Alerts

TVS Motor (TVSL) Earnings: 1Q Net Income Surpasses Estimates with a 23% Increase

  • TVS Motor’s net income for the first quarter: 5.77 billion rupees, a 23% increase year-over-year. This surpassed the estimate of 5.62 billion rupees.
  • Revenue reached 83.8 billion rupees, showing a 16% rise year-over-year and slightly beating the estimate of 83.76 billion rupees.
  • Total costs amounted to 76.3 billion rupees, growing by 14% compared to the last year.
  • Other income decreased by 37% year-over-year to 362.9 million rupees.
  • EBITDA came in at 9.6 billion rupees, reflecting a 26% increase year-over-year and above the estimate of 9.47 billion rupees.
  • EBITDA margin improved to 11.5% from 10.6% year-over-year, also exceeding the estimate of 11.2%.
  • Analyst ratings: 21 buys, 9 holds, and 12 sells.

TVS Motor on Smartkarma

Analysts on Smartkarma, like Pranav Bhavsar, are providing insight into companies like TVS Motor. In a recent report titled “Fundamental Longs – TVS Motors | Nestle India | Honasa,” Bhavsar discusses identifying fundamental longs through various factors like earnings surprises, EPS upgrades, and management narratives. Specifically, TVS Motor is highlighted as a stock to watch, with potential surprises in the electric vehicles (EVs) sector. Nestle India is seen as offering safety in the current market environment, while Honasa Consumer might be on the cusp of a turnaround.


A look at TVS Motor Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

TVS Motor Company Limited, a leading manufacturer of motorcycles, mopeds, and scooters, is poised for a bright future as indicated by the Smartkarma Smart Scores. With a strong momentum score of 4, the company shows promising growth potential, supported by a solid growth score of 4. Additionally, a respectable dividend score of 3 reflects its commitment to rewarding shareholders. Although the value and resilience scores stand at 2 each, the overall outlook remains positive for TVS Motor, thanks to its robust performance in key areas.

TVS Motor Company Limited, a key player in the Indian market, continues to demonstrate resilience despite facing challenges. The company’s focus on growth, underscored by a score of 4 in the Smartkarma Smart Scores, indicates a strategic vision for the future. While aspects like value and resilience scored 2, TVS Motor’s momentum score of 4 highlights its strong upward trajectory. With a dividend score of 3, the company remains dedicated to providing returns to its shareholders. Overall, TVS Motor Company Limited appears well-positioned for long-term success in the evolving automotive industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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