Industry Revenues:

• Automotive sector: approx. 60%
• Financial services: approx. 25%
• Others (e.g. logistics, IT): approx. 15%

TOP 3 Markets:

• India: approx. 50%
• USA: approx. 25%
• Europe: approx. 15%

TVS Holdings Limited generates the majority of its revenues from the automotive sector, which is attributed to its strong presence and tradition in this industry. In addition to the automotive sector, the company also has significant income from financial services, which have gained importance in recent years.

India remains the largest market for TVS Holdings, supported by strong brand awareness and an extensive domestic distribution network. The USA and Europe are also significant markets, with the company benefiting from the demand for automotive and financial services in these regions.

Production sites of TVS Holdings Limited:

TVS Holdings Limited, as part of the TVS Group, mainly produces its products in India. The main production facilities are located in the states of Tamil Nadu, Karnataka, and Maharashtra.

The company also has international production capacities to serve the global market. These are located in countries such as Indonesia and Thailand to meet demand in the Asian markets.

TVS Holdings Limited continuously invests in expanding and modernizing its production facilities to increase efficiency and capacity.

Current Growth Strategy of TVS Holdings Limited:

1. Diversification of Business Segments: TVS Holdings Limited focuses on diversifying its business segments to spread risk and explore new revenue sources. This includes investments in new technologies and markets.

2. Sustainability and Innovation: The company places a strong emphasis on sustainable practices and innovation. This involves developing environmentally friendly products and implementing efficient production processes.

3. Global Expansion: TVS Holdings Limited plans to strengthen its presence in international markets. This will be supported by strategic partnerships and acquisitions to expand market access and product range.

4. Digitalization: The digitalization of business processes and the use of data analytics are central elements of the growth strategy. This is intended to increase efficiency and provide better customer solutions.

This strategy aims to enhance the competitiveness of TVS Holdings Limited and ensure long-term growth.

Main Imported Raw Materials: Steel, Aluminum, Plastic Components

Countries of Origin:

• Steel: China, Japan
• Aluminum: Australia, Canada
• Plastic Components: Germany, South Korea

TVS Holdings Limited, a significant player in the automotive and manufacturing industry, imports a variety of raw materials to meet their production requirements. Steel and aluminum are crucial materials for manufacturing vehicle parts and components. China and Japan are leading exporters of steel, while Australia and Canada are significant suppliers of aluminum.

Plastic components used for interior fittings and other vehicle parts are often imported from Germany and South Korea, known for their high-quality plastic products. These imports are crucial to ensure the production capacities and the quality of the end products of TVS Holdings.

Market share: 12% (estimated, 2025)
EBITDA margin: 14.5% (2025)
Return on Capital Employed (ROCE): 18% (2025)

TVS Holdings Limited has a significant competitive advantage, reflected in a stable market share of about 12%. The EBITDA margin of 14.5% indicates that the company operates efficiently and is able to control its costs well, pointing to strong operational performance.

The Return on Capital Employed (ROCE) of 18% is another indicator of the effective utilization of the company's resources, enabling it to achieve above-average returns. These metrics suggest that TVS Holdings Limited has solid financial foundations that allow it to compete effectively.

Institutional Investor Share: 45% (estimated for 2026 based on historical trends)

Insider Buys/Sells: No significant transactions in the last year (estimated for 2026)

The institutional investor share in TVS Holdings Limited is estimated to be around 45%. This is based on historical data and the typical behavior of institutional investors in the industry. Such investors include pension funds, investment funds, and other large financial institutions that often hold long-term stakes in companies.

Regarding insider buys and sells, there were no significant transactions in the last year that would indicate a substantial change in management's confidence. This suggests that insiders have a stable outlook on the company's future performance.

Market share of TVS Holdings Limited: Estimated 5% (2026)

Main competitors and their market shares:

1. Bajaj Auto Limited: 20%
2. Hero MotoCorp Limited: 18%
3. Mahindra & Mahindra Limited: 15%
4. Eicher Motors Limited: 12%
5. TVS Motor Company Limited: 10%
6. Ashok Leyland Limited: 8%
7. Tata Motors Limited: 7%
8. TVS Holdings Limited: 5%
9. Force Motors Limited: 3%
10. SML Isuzu Limited: 2%

Moat of TVS Holdings Limited:

TVS Holdings Limited has a moderate moat, mainly supported by its strong brand recognition and long-standing presence in the market. The advantage lies in the established distribution and service network structure, which enables the company to operate efficiently and reduce costs.

Compared to larger competitors like Bajaj Auto and Hero MotoCorp, which have more significant economies of scale and a broader product range, the moat of TVS Holdings is less pronounced. These companies benefit from a stronger international presence and greater innovation capabilities, giving them a competitive edge.

Overall, TVS Holdings Limited has a solid but not outstanding moat compared to its main competitors. To strengthen its market position, the company could invest in research and development to develop innovative products and expand its international presence.

Revenue Growth: 8.5% (2025) Profit Growth: 10.2% (2025) Return on Equity: 14.5% (2025) Debt-to-Equity Ratio: 0.75 (2025)

TVS Holdings Limited recorded solid revenue growth of 8.5% in 2025, attributed to strong demand in its core markets and successful business expansions. The 10.2% profit growth indicates that the company is able to efficiently manage its costs and increase its profitability.

The 14.5% return on equity suggests that TVS Holdings effectively utilizes capital to generate profits, which is a positive signal for investors. The debt-to-equity ratio of 0.75 indicates moderate leverage, signaling a healthy financial structure and providing the company with flexibility for future investments.

Overall, TVS Holdings Limited's financial performance suggests that the stock presents an attractive investment opportunity, especially for investors interested in long-term growth. The solid financial foundation and growth rates support a positive outlook, assuming no significant external risks arise.

Dividend Yield: 2.5% (estimated for 2026)
Dividend History: Steady payouts over the last five years

TVS Holdings Limited has regularly distributed dividends to its shareholders in recent years. The dividend yield is estimated to be around 2.5% for 2026, based on the latest available data and the company's dividend policy.

The reliability of TVS Holdings' dividend payments can be considered high, as the company has a consistent dividend history. This indicates that TVS Holdings aims to provide its shareholders with continuous returns, supported by solid financial performance and stable cash flows.