MarketFriction

TVS Srichakra Ltd

NSE TVSSRICHAK · BSE 509243 · Tyres & Rubber Products
₹4,349.30 -1.99%
NSE close2026-10-01
52 week range3,135.00 - 5,760.00
Market cap₹3,391 Cr.
P/E33.1
Price band 20% Delivery 45.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales7407197657918428038188199269179811,068
Expenses649650688736783758752771861838894987
Operating Profit916877555944674866788781
OPM %12%10%10%7%7%6%8%6%7%9%9%8%
Other Income-12-6-03-5-3200-131013
Interest101013131314141412121212
Depreciation262728293132373436363737
Profit before tax5433311218-6122018174845
Tax %28%28%22%44%43%8%22%36%40%34%25%25%
Net Profit392424710-6101311113634
EPS in Rs51.0931.4731.068.7213.46-7.8012.5216.8214.5114.5647.1344.43
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,1851,9612,1522,4312,1041,9392,5432,9852,9263,2543,6433,892
Expenses1,8581,6761,8992,1681,8871,7092,3732,7512,6253,0243,3583,580
Operating Profit326284253263217230170234301230285312
OPM %15%14%12%11%10%12%7%8%10%7%8%8%
Other Income235151210544-2-51711
Interest222231373933344448605748
Depreciation445669851001048092104129142146
Profit before tax28421116915387985910114637103129
Tax %33%29%31%33%6%24%27%23%26%44%31%
Net Profit19014811610382744378108217192
EPS in Rs243.09192.79151.68134.44107.5396.5456.77101.85140.9826.9293.02120.63
Dividend Payout %25%26%26%30%19%31%29%32%34%63%41%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth5%13%7%19%
Compounded Profit Growth-9%-2%-6%365%
Stock Price CAGR1%16%12%38%
Return on Equity10%6%6%6%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital888888888888
Reserves2754045536317217378179631,0271,1041,1761,183
Borrowings274145315312426351208610662842886767
Other Liabilities4144125154756555205907797577399061,082
Total Liabilities9709691,3911,4261,8091,6161,6222,3592,4532,6942,9763,039
Fixed Assets3823845326206626876667089051,0841,1671,161
CWIP184463263448632261451439867
Investments14949689797101254255260392414
Other Assets5694937487111,0167857931,1711,1491,2071,3191,397
Total Assets9709691,3911,4261,8091,6161,6222,3592,4532,6942,9763,039
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity2444006418564299307-62206228197297
Cash from Investing Activity-84-120-215-102-120-136-92-282-202-325-154-103
Cash from Financing Activity-158-271149-7952-169-2153480101-47-187
Net Cash Flow29-35-4-51443-37
Free Cash Flow158315-15781-71161210-347206228202297
CFO/OP130%151%42%92%43%151%142%-21%99%88%91%111%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days382938415136463427353941
Inventory Days746313895123135149198161159154128
Days Payable52346750837010210285919792
Cash Conversion Cycle59581098691101931311021039677
Working Capital Days75-0-3418283666-13-19
ROCE %30%50%32%22%18%11%12%7%9%11%5%8%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters45.70%45.70%45.70%45.70%45.70%45.70%45.70%45.70%45.70%45.70%45.70%45.70%
FIIs1.11%1.16%1.02%1.00%1.05%1.03%1.06%0.99%0.99%0.97%0.97%0.92%
DIIs2.77%5.04%5.04%5.02%4.95%4.95%4.95%4.95%5.05%6.17%6.17%6.18%
Public50.41%48.07%48.22%48.27%48.30%48.32%48.28%48.36%48.23%47.17%47.16%47.19%
No. of Shareholders26,66625,38324,96425,45726,27926,35626,40626,55226,33824,31423,89423,926

Fundamentals

Market Cap₹ 3,391 Cr.
Current Price₹ 4,435
Stock P/E33.1
Book Value₹ 1,554
ROCE7.85 %
ROE5.75 %
Dividend Yield0.85 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)19%
Compounded Profit Growth (TTM)365%
Consolidated figures.
Valuation
Market capRs 3,330 Cr
Enterprise valueRs 4,074 Cr
P/E (TTM)36.05x
Price to book2.80x
Price to sales0.86x
EV / EBITDA12.65x
EV / EBIT23.12x
EV / sales1.05x
Price to cash flow11.21x
Earnings yield2.77%
Dividend yield0.87%
P/E, 3-year average51.96x
P/B, 3-year average2.13x
P/E, 5-year average41.80x
P/B, 5-year average1.91x
Profitability
Operating margin (excl. other income)7.84%
Operating margin (incl. other income)8.30%
EBITDA margin8.28%
Pre-tax margin3.30%
Net profit margin2.37%
Net margin, latest quarter3.19%
ROE6.00%
ROCE7.96%
ROA2.37%
ROE, 3-year average5.95%
ROCE, 3-year average7.80%
ROA, 3-year average2.43%
ROE, 5-year average6.10%
ROCE, 5-year average7.89%
ROA, 5-year average2.54%
ROIC (approx.)6.27%
Tax rate31.19%
Other income / net worth1.43%
Growth
Sales growth (latest year)11.97%
Profit growth (latest year)245.61%
Sales CAGR, 3 years6.87%
Sales CAGR, 5 years13.44%
Profit CAGR, 3 years-2.98%
Profit CAGR, 5 years-0.74%
Sales growth QoQ8.84%
Profit growth QoQ-5.74%
Sales growth YoY (latest quarter)30.29%
Profit growth YoY (latest quarter)164.13%
Per share
EPS (TTM)Rs 120.63
EPS (latest year)Rs 93.03
EPS (latest quarter)Rs 44.43
EPS, 3-year averageRs 86.97
EPS, 5-year averageRs 83.91
Book value per shareRs 1,554.36
Sales per shareRs 5,082.31
Cash flow per shareRs 387.86
Free cash flow per shareRs 387.88
Dividend per share (latest year)Rs 37.81
Dividend per share, 3-year averageRs 34.02
Dividend per share, 5-year averageRs 30.10
Dividends
Dividend payout40.64%
Dividend payout, 3-year average45.67%
Dividend payout, 5-year average39.46%
Efficiency
Asset turnover1.20x
Fixed asset turnover3.14x
Inventory turnover3.35x
Inventory days109 days
Debtor days41 days
Debtors turnover8.88x
Creditor days92 days
Cash conversion cycle77 days
Working capital days-19 days
Leverage
Total debtRs 767 Cr
Cash and bankRs 23 Cr
Net debtRs 744 Cr
Debt to equity0.64x
Net debt / EBITDA2.31x
Interest coverage3.70x
Current ratio (filing 2026-03-31)0.89x
Quick ratio (filing 2026-03-31)0.36x
Trade payables (filing 2026-03-31)Rs 532 Cr
Owners' fund to total sources39.16%
Debt to assets25.25%
Cash flow
Cash from Operating Activity (latest year)Rs 297 Cr
Cash from Investing Activity (latest year)Rs -103 Cr
Cash from Financing Activity (latest year)Rs -187 Cr
Net Cash Flow (latest year)Rs 7 Cr
Free cash flow (latest year)Rs 297 Cr
FCFE (approx.: FCF + change in debt)Rs 178 Cr
Cash from ops / profit, 5 years2.70x
Sales to cash flow12.27x
Statement figures
Net sales (TTM)Rs 3,892 Cr
Net sales (latest year)Rs 3,643 Cr
Sales (latest quarter)Rs 1,068 Cr
Operating profit excl. other income (latest year)Rs 285 Cr
Operating profit (latest quarter)Rs 81 Cr
Other income (TTM)Rs 11 Cr
EBITDA (TTM)Rs 322 Cr
PBDT (TTM)Rs 274 Cr
Profit before tax (TTM)Rs 129 Cr
Tax (latest year)Rs 32 Cr
Net profit (TTM)Rs 92 Cr
Net profit (latest year)Rs 71 Cr
Net profit (latest quarter)Rs 34 Cr
Depreciation (TTM)Rs 146 Cr
Depreciation (latest quarter)Rs 37 Cr
Interest (TTM)Rs 48 Cr
Cost of goods sold (latest year)Rs 2,489 Cr
Total expenditure (latest year)Rs 3,358 Cr
Total income (latest year)Rs 3,660 Cr
Share capitalRs 8 Cr
ReservesRs 1,183 Cr
Shareholders' fundsRs 1,190 Cr
Total assetsRs 3,039 Cr
Net blockRs 1,161 Cr
Capital work in progressRs 67 Cr
InvestmentsRs 414 Cr
ReceivablesRs 410 Cr
InventoryRs 742 Cr
Other liabilitiesRs 1,082 Cr
Shares outstanding (crore)0.77
Ownership
Promoter holding45.70% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 36.0 is at the 65th percentile of its own 9.4-year range (median 22.1, low 6.6, high 130.3).
P/B 2.80 is at the 68th percentile (median 2.25).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodTVSSRICHAKNifty 50Difference
1 week-1.4%-2.8% +1.4 pts
1 month-21.3%-6.8% -14.5 pts
3 months+2.8%-7.6% +10.5 pts
6 months+35.4%+0.4% +35.0 pts
1 year+28.7%-9.9% +38.6 pts
2 years+1.9%-13.6% +15.5 pts
3 years+36.4%+14.2% +22.2 pts
5 years+103.4%+27.9% +75.5 pts
6 mutual fund schemes hold about ₹253 Cr. Over three months 5 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Quant Small Cap Fund0.59%208 +20%
Bank of India Small Cap Fund1.18%39 +2%
Bank of India Multi Asset Allocation Fund0.59%2 +26%
Qsif Equity Ex-Top 100 Long-Short Fund0.49%2 +100%
Bank of India Large Cap Fund0.72%2 +25%
Motilal Oswal BSE 1000 Index Fund0.01%0 +34%

Red flags

F-score 8 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹1,068 Cr +30.4% vs Jun 2025. Net profit ₹34 Cr +161.5%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-10Dividend - Rs 37.80 Per Share
2025-09-04Dividend - Rs 16.89 Per Share
2024-08-30Annual General Meeting/Dividend - Rs 47.34 Per Share
2023-09-04Annual General Meeting/Dividend - Rs 32.05 Per Share
2022-09-02Annual General Meeting/Dividend - Rs 16.30 Per Share
2021-08-25 Annual General Meeting/Dividend - Rs 30 Per Share
2020-09-08 Annual General Meeting
2020-03-17 Interim Dividend - Rs 20.10 Per Share
2019-09-03 Annual General Meeting/Dividend - Rs 40 Per Share
2018-09-18 Annual General Meeting/Dividend Rs 40 Per Share
2017-08-14 Annual General Meeting/Dividend - Rs 50.70 Per Share
2016-09-14 Annual General Meeting
2016-03-18 Interim Dividend - Rs 30/- Per Share (Purpose Revised)
2016-02-16 Interim Dividend - Rs 30/- Per Share
2015-09-10 Annual General Meeting/Dividend - Rs 33.80/- Per Share
2014-09-04Annual General Meeting / Dividend - Rs 16/- Per Share
2013-09-18Annual General Meeting / Dividend - Rs 7.50/- Per Share
2012-09-18Annual General Meeting/ Dividend-Rs. 13.50 Per Share
2011-07-26Annual General Meeting And Dividend Rs.12.50 Per Share
2010-09-14Annual General Meeting
2010-02-16Int Div-Rs.10/- Per Sharepurpose Revised
2009-09-14Agm/Div-Rs.3.50 Per Share
2008-09-08Agm/Dividend - 35%
2007-08-30Agm/Dividend-25%
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of TVS Srichakra Ltd?

TVS Srichakra Ltd (TVSSRICHAK) has a market capitalisation of Rs 3,391 Cr. at the 2026-10-01 close.

What is the P/E ratio of TVS Srichakra Ltd?

TVS Srichakra Ltd trades at a P/E of 33.1 on trailing twelve-month profit, at the 2026-10-01 close.

What were TVS Srichakra Ltd's latest quarterly results?

In the Jun 2026 quarter, TVS Srichakra Ltd sales was Rs 1,068 Cr (+30.4% vs Jun 2025) and net profit was Rs 34 Cr.

What is the 52-week high and low of TVS Srichakra Ltd?

The 52-week high is Rs 5,760.00 and the 52-week low is Rs 3,135.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03