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TVSMOTOR - Fundamental Analysis: Financial Health & Valuation

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Rating: 4.3

Last Updated Time : 04 May 26, 11:42 am

Fundamental Rating: 4.3

Stock Code TVSMOTOR Market Cap 1,65,943 Cr. Current Price 3,493 ₹ High / Low 3,970 ₹
Stock P/E 47.3 Book Value 205 ₹ Dividend Yield 0.34 % ROCE 34.7 %
ROE 30.6 % Face Value 1.00 ₹ DMA 50 3,621 ₹ DMA 200 3,445 ₹
Chg in FII Hold -0.53 % Chg in DII Hold 0.56 % PAT Qtr 971 Cr. PAT Prev Qtr 906 Cr.
RSI 43.7 MACD -21.3 Volume 10,60,746 Avg Vol 1Wk 8,59,782
Low price 2,625 ₹ High price 3,970 ₹ PEG Ratio 1.09 Debt to equity 0.37
52w Index 64.5 % Qtr Profit Var 57.0 % EPS 73.2 ₹ Industry PE 31.2

📊 TVSMOTOR (TVS Motor Company Ltd.) demonstrates strong fundamentals with high ROCE (34.7%) and ROE (30.6%), reflecting excellent operational efficiency and shareholder returns. EPS of ₹73.2 supports earnings strength, while quarterly PAT growth of 57% (₹971 Cr vs ₹906 Cr) highlights robust profitability momentum. Valuations are moderately stretched with a P/E of 47.3 compared to industry average of 31.2, though PEG ratio of 1.09 suggests fair growth-adjusted value. Debt-to-equity ratio of 0.37 remains manageable. Technical indicators show weakness (RSI 43.7, MACD -21.3), suggesting cautious entry timing.

💰 Ideal Entry Price Zone: ₹3,400 – ₹3,500 (aligned with 200 DMA support and valuation comfort).

📈 Exit / Holding Strategy: Hold for 3–5 years; consider partial profit booking near ₹3,900–₹3,950 resistance. Long-term holding is justified given strong profitability metrics and sectoral growth tailwinds.


✅ Positive

  • Strong ROE (30.6%) and ROCE (34.7%) highlight operational efficiency.
  • Quarterly PAT growth of 57% shows earnings momentum.
  • EPS of ₹73.2 supports valuation strength.
  • PEG ratio (1.09) indicates fair valuation relative to growth.
  • DII holdings increased (+0.56%), showing domestic investor confidence.

⚠️ Limitation

  • High P/E (47.3) compared to industry average (31.2).
  • Dividend yield of 0.34% is modest.
  • FII holdings decreased (-0.53%), showing reduced foreign interest.
  • Weak technical indicators (RSI 43.7, MACD -21.3).

📉 Company Negative News

  • Valuation stretched relative to industry peers.
  • Weak technical momentum with RSI below 45 and bearish MACD.

📈 Company Positive News

  • Strong quarterly profit growth and earnings momentum.
  • Domestic institutional investors increasing stake.
  • Robust fundamentals with high ROE/ROCE and EPS growth.

🏭 Industry

  • Automobile sector trading at PE 31.2, offering moderate valuation levels.
  • Industry supported by rising demand for two-wheelers and export opportunities.

🔎 Conclusion

TVSMOTOR is a strong candidate for long-term investment, driven by robust ROE/ROCE, EPS growth, and fair PEG valuation. Entry near ₹3,400–₹3,500 offers favorable risk-reward. Hold for 3–5 years with profit booking near ₹3,900–₹3,950 resistance. Despite stretched valuations and weak technical momentum, strong fundamentals and sectoral growth make TVSMOTOR attractive for portfolio inclusion.

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