Analyst Rating
based on 1 analysts
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
High
₹2500
Target
₹2500.00
Low
₹2500
TVS Srichakra Ltd target price ₹2500, a slight downside of -43.73% compared to current price of ₹4442.7. According to 1 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
TVS Srichakra Ltd revenue growth forecast
Expected growth rate Q1, FY2026:4.38%
Forecast
Actual
Including amortisation and stock based compensations
TVS Srichakra Ltd EPS growth forecast
EPS estimate Q1, FY2026:
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹4,400₹4,66452 Week's Low
52 Week's High
₹2,909₹5,097
| Returns % | |
| 1 Month Return | -1.35 % |
| 3 Month Return | + 6.52 % |
| 1 Year Return | + 49.26 % |
| Market Stats | |
| Previous Close | ₹4,501.55 |
| Open | ₹4,539.00 |
| Volume | 8,346.00 |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹3,448.19Cr |
Key Statistics
| P/E Ratio | 36.31 |
| PEG Ratio | -3.75 |
| Market Cap | ₹3,448.19 Cr |
| P/B Ratio | 2.69 |
| EPS | 140.68 |
| Dividend Yield | 1.21 |
| Sector | Tyres |
| ROE | 9.61 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| ₹3,448.19 Cr | 30.77% | 0.72 | ₹107 Cr | ₹3,173 Cr | ||
| NA | ₹5.65 Cr | -12.47% | -2.56 | NA | NA | |
| BUY | ₹32,517.17 Cr | 37.47% | 0.64 | ₹1,721 Cr | ₹25,377 Cr | |
| BUY | ₹10,949.09 Cr | 113.44% | 0.72 | ₹811 Cr | ₹15,001 Cr | |
| NA | ₹75.57 Cr | -12.56% | -8.43 | NA | NA |
Company Information
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: ₹4442.70 per share as on 06 Sep, 2024 04:01 PM
Market Capitalisation: ₹3,448.19Cr as of today
Revenue: ₹790.98Cr as on June 2024 (Q2 24)
Net Profit: ₹6.64Cr as on June 2024 (Q2 24)
Listing date: 11 Sep, 1996
Chairperson Name: R Naresh
| Organisation | TVS Srichakra Ltd |
| Headquarters | |
| Industry | Tyres |
| E-voting on shares | Click here to vote |
Key events for TVS Srichakra Ltd
TVS Srichakra Declares Significant Dividend Payout - 28 Aug, 2024
TVS Srichakra Ltd. announced a 473.4% dividend payout of Rs 47.34 per share, subject to shareholder approval. The stock has shown strong performance, gaining 11.98% in the last three months and 118.33% over two years.
TVS Srichakra Declares Dividend and Market Performance - 26 Aug, 2024
TVS Srichakra announces a dividend of Rs 47.34 per share, the highest since 2017, with shares trading ex-dividend on August 30. The stock closed at Rs 4805.30, gaining 0.97%. Quant Mutual Funds holds a 4.93% stake in the company.
TVS Srichakra Declares 473.4% Dividend Amid Strong Performance - 23 Aug, 2024
TVS Srichakra Ltd announced a proposed dividend of 473.4% for FY 2023-24, subject to shareholder approval. The stock has shown significant gains, up 70.46% YTD and 135.19% over three years, outperforming its benchmark.
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.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 3 quarters, 720.44 Cr → 791.28 Cr (in ₹), with an average increase of 4.6% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 48.23% to 48.28% in Jun 2024 quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, TVSSRICHAK has outperformed top 5 stocks with highest market-cap in Tires & Rubber Products
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 45.70% of holdings in Jun 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, Apollo Tyres Ltd has given 132.7% return, outperforming this stock by 26.0%
NEGATIVE IMPACTPrice Dip
In the last 7 days, TVSSRICHAK stock has moved down by -2.7%
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 4 quarters, 39.12 Cr → 6.68 Cr (in ₹), with an average decrease of 37.2% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 1.01% to 0.99% in Jun 2024 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 5.02% to 5.00% in Jun 2024 quarter
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 45.7% | 0.00 | |
| Foreign Institutions | 0.99% | ||
| Mutual Funds | 5% | ||
| Retail Investors | 48.28% | 0.10 | |
| Others | 0.03% | 0.00 |
Key Indicators
TVS Srichakra Ltd Valuation
TVS Srichakra Ltd in the last 5 years
Lowest (8.30x)
March 31, 2020
Industry (30.17x)
September 6, 2024
Today (36.31x)
September 6, 2024
Highest (63.61x)
August 10, 2020
Earnings and Dividends
TVS Srichakra Ltd Earnings Results
TVS Srichakra Ltd’s net profit fell -68.11% since last year same period to ₹6.68Cr in the Q1 2024-2025. On a quarterly growth basis, TVS Srichakra Ltd has generated -71.91% fall in its net profits since last 3-months.
Read More about Earnings ResultsTVS 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 1.79%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
TVS Srichakra Ltd is currently in a Bearish trading position according to technical analysis indicators.
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TVS Srichakra Ltd (TVSSRICHAK) share price today is ₹4442.7
TVS Srichakra Ltd is listed on NSE
TVS Srichakra Ltd is listed on BSE
- Today’s highest price of TVS Srichakra Ltd is ₹4664.
- Today’s lowest price of TVS Srichakra Ltd is ₹4400.
PE Ratio of TVS Srichakra Ltd is 36.31
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 8,346.00.
Today’s market capitalisation of TVS Srichakra Ltd(TVSSRICHAK) is ₹3448.19Cr.
| TVS Srichakra Ltd(TVSSRICHAK | Price |
|---|---|
52 Week High | ₹5097 |
52 Week Low | ₹2909 |
TVS Srichakra Ltd(TVSSRICHAK) share price is ₹4442.7. It is down -12.84% from its 52 Week High price of ₹5097
TVS Srichakra Ltd(TVSSRICHAK) share price is ₹4442.7. It is up 52.72% from its 52 Week Low price of ₹2909
| TVS Srichakra Ltd(TVSSRICHAK | Returns |
|---|---|
1 Day Returns | -58.85% |
1 Month Returns | -1.35% |
3 Month Returns | 6.52% |
1 Year Returns | 49.26% |