TVS Motor Company Ltd

TVS Motors Share Price Today

TVS Motor Company, a leading two-wheeler manufacturer in India, has a long history dating back to 1982. Initially incorporated as Indian Motorcycle Pvt. Ltd., it later became a public limited company in 1984. In 1986, it acquired the moped division assets from Sundaram Clayton Ltd. and in 1988, it received a letter of intent to manufacture 20,000 outboard motors and 30,000 internal combustion engines annually. In 1990, the company faced challenges due to labour unrest, leading to a lockout. 

Throughout the 1990s, TVS Suzuki Ltd. expanded its product portfolio, launching new motorcycles and mopeds and exploring the possibility of opening a second plant. In 1997, TVS-Suzuki planned to set up an auto ancillary estate through a joint venture. The firm was listed on the BSE and NSE in 2000. In 2001, the TVS company bought a 25.97% share in Suzuki Motor Corporation and proceeded to develop and launch new models. TVS Motor introduced the Apache RTR 200 to Indonesia in 2016. You can track TVS Motor Company share price with BlinkX for more insights.

Key Personnel of TVS Motor Company

Prof Sir Ralf Dieter Speth, Chairman 

Sir Ralf Dieter Speth, chairman of TVS Motor Company, has extensive experience in the global automotive industry. He began his career at BMW and later pursued a PhD at Warwick Manufacturing Group. He then worked at Ford Motor Company's Premier Automotive Group and Linde, a chemical corporation. Speth served as Jaguar Land Rover's chief executive officer and joined Tata Motors' board in the early 2010s. In 2016, he was appointed to Tata Sons Ltd's Supervisory Board. 

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Highlights of TVS Motor Company's Results

• TVS Motor Company Ltd.'s 9MFY24 Results and Q3FY24 Quarterly Results were released.
• Operating revenue increased by 26% to Rs 8,245 crore in Q3FY24, compared to Rs 6,545 crore recorded in Q3FY23.
• Comparing Q3FY24 to Q3FY23, operating EBITDA increased by 40% to Rs 924 crore from Rs 659 crore.
• Comparing Q3FY24 to Q3FY23, the operating EBITDA margin is higher at 11.2% compared to 10.1%.

TVS Motor Company Limited Business Segments

Scooters:

• Reputational manufacturer of scooters in India, including models like Jupiter, NTorq, and Scooty Zest.
• Offers a comprehensive range of motorcycles, from commuter bikes to performance motorcycles.
• Pioneer in the moped segment in India, known for affordability, fuel efficiency, and ease of use.

Motorcycles:

• Provides a comprehensive range of motorcycles, from commuter bikes to performance motorcycles.
• Popular models include Apache RTR series, TVS Victor, and TVS Star City.

Mopeds:

• Pioneer in the moped segment in India, known for affordability, fuel efficiency, and ease of use.
• Models include TVS XL Super Heavy Duty and TVS XL 100.

Electric:

• Committed to sustainable mobility, with a growing presence in the electric two-wheeler segment.
• Popular electric scooters like TVS iQube and TVS Creon.

Three-wheelers:

• TVS is a major player in the three-wheeler segment in India, offering models like TVS King, TVS Auto Rickshaw, and TVS Magic.

Automobile Parts:

• Leading manufacturer of automobile parts, supplies components to various customers.

Services:

• Offers after-sales services including vehicle servicing, spare parts, and roadside assistance.

TVS Motor Company Subsidiaries:

• Sundaram Auto Components Limited: Manufacturer of precision-engineered automotive components.
• TVS Housing Limited: Developer of affordable housing projects.
• TVS Motor Services Limited: Provides after-sales services for two-wheelers and three-wheelers.
• Sundaram Auto Components Limited: A pioneer in the Indian electric vehicle industry.