- TVS Motor’s net income for the second quarter is 6.63 billion rupees, marking a 23% increase compared to the previous year.
- The company generated a revenue of 92.3 billion rupees, up by 13% from last year.
- Total costs rose by 12% year-on-year, amounting to 83.6 billion rupees.
- Other income decreased by 35% to 299.1 million rupees.
- EBITDA stands at 10.8 billion rupees, which is a 20% improvement compared to the previous year.
- The EBITDA margin increased from 11% to 11.7% year-on-year.
- Despite the strong financial performance, TVS Motor shares dropped 6.3% to their lowest since August 6.
- Shares fell 4.7% during trading, closing at 2,537 rupees with 1.32 million shares traded.
- Analyst ratings for the stock show 21 buys, 10 holds, and 11 sells.
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A look at TVS Motor Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
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 prominent manufacturer of motorcycles, mopeds, and scooters, has a mixed outlook based on the Smartkarma Smart Scores analysis. With a Growth score of 4 and Momentum score of 4, the company seems to be positioned well for future expansion and market performance. However, its Value and Resilience scores are comparatively lower at 2, indicating potential challenges in terms of valuation and stability. The Dividend score stands at a moderate 3, suggesting a decent outlook for dividend distribution. Overall, while TVS Motor shows promise in growth and momentum, investors may need to carefully consider its value and resilience factors.
As per the company description, TVS Motor Company Limited is involved in the manufacturing of diverse vehicle products including outboard motors, engines, and transmission parts. With a focus on serving customers in India, the company plays a significant role in the automotive industry. Despite facing varied outlooks in terms of its Smartkarma Smart Scores, TVS Motor’s operations and products underscore its importance within the sector, offering a range of mobility solutions for the Indian market.
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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