As of 6 Nov 2026, TVS Srichakra trades at 35.4× trailing earnings, above the industry P/E of 25.6×, and the shares are 26% below their 52-week high. Its ROCE of 9.4% is the lowest among the 7 largest Auto Parts peers, and sales grew 6.8% a year over 3 years while net profit fell 3.0%. Its dividend yield is 0.9%, and debt is 0.64× equity. It is a small-cap company with a market cap of ₹3,272 Cr, ranked 49th of 140 Auto Parts companies by market cap; the shares rose 4.2% over the past year.
- ₹4,262.00
- ₹4,342.70
- ₹4,230.10
- ₹4,358.80
- 3.6K
Health check
- ReturnsIn line
+4.2% over a year, better than 3 of 7 peers.
- Price tagPricier
P/E 35.4 vs industry 25.6.
- GrowthSlow
Sales +6.8%, profit −3.0% a year over 3 years.
- ProfitabilityWeak
ROCE 9.4% vs peer median 15.6%.
- Balance sheetFair
Debt 0.64× equity, interest covered 3.0×, Piotroski 7 of 9.
- Red flags1 to check
Return on equity is low at 6.0%.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹3,272 Cr
- Small cap
- P/E
- 35.4
- Industry 25.6
- Price to book
- 2.75
- Peers 8.75
- Dividend yield
- 0.88%
- ROE
- 6.0%
- Peers 12.3%
- ROCE
- 9.4%
- Peers 15.6%
- Debt to equity
- 0.64
- Debt ₹767 Cr
- EPS (TTM)
- ₹120.64
- Face value ₹10
- OPM (TTM)
- 8.0%
- Net margin 2.4%
- Sales growth
- +30.3%
- Latest quarter vs a year ago
- Profit growth
- +164.1%
- Latest quarter vs a year ago
- Price to sales
- 0.84
- EV/EBITDA 12.9
Strengths and risks
Strengths
- Quarterly profit up 164.1% on a year ago.
- Quarterly sales up 30.3% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 6.0%.
About TVS Srichakra
TVS Srichakra Limited manufactures and sells two-wheeler, three-wheeler, and other industrial tires to original equipment manufacturers (OEMs) and replacement markets in India and internationally. The company offers industrial pneumatic, ultra-light truck, multi-purpose agriculture, off highway, terrain vehicles, skid steer construction, and OTR tires under the TVS Eurogrip, TVS Tyres, Super Grip, and Eurogrip brands. It also manufactures and sells tubes…
- Headquarters
- Madurai
- Employees
- 2,707
- Sector
- Consumer Cyclical
- ISIN
- INE421C01016
- Website
- eurogriptyres.com
Price range
- Avg volume (3M)
- 34.9K
- 1-year return
- plus 4.2%
- From 52-week high
- minus 25.8%
Peers · Auto Parts
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MOTHERSONSamvardhana Motherson International | 158.55 | minus 5.62% | 1,68,549 | 35.4 | 3.70 | 11.5% | 10.2% | 9.6% | 17.1% | 37.2% | 0.32% | plus 60.8% |
| BOSCHLTDBosch | 50,700.00 | minus 3.38% | 1,49,545 | 54.2 | 19.50 | 24.2% | 19.4% | 13.4% | 10.3% | 24.8% | 0.53% | plus 38.6% |
| UNOMINDAUNO Minda | 1,326.00 | minus 0.67% | 76,572 | 58.1 | 11.21 | 20.5% | 19.1% | 11.0% | 20.5% | 22.3% | 0.22% | plus 6.6% |
| SONACOMSSona BLW Precision Forgings | 900.00 | minus 1.67% | 56,266 | 75.0 | 8.75 | 13.2% | 11.9% | 23.2% | 18.8% | 17.4% | 0.40% | plus 89.2% |
| SCHAEFFLERSchaeffler India | 3,519.70 | minus 1.17% | 55,014 | 41.9 | 8.97 | 25.7% | 20.2% | 17.9% | 12.3% | 9.4% | 0.99% | minus 13.9% |
| MRFMRF | 1,25,295.00 | minus 0.50% | 53,139 | 22.0 | 2.53 | 15.6% | 12.3% | 15.1% | 10.6% | 46.7% | 0.19% | minus 20.3% |
| BALKRISINDBalkrishna Industries | 2,410.00 | plus 0.34% | 46,589 | 32.7 | 4.25 | 13.8% | 11.6% | 21.1% | 3.6% | 5.5% | 0.71% | plus 1.6% |
| TVSSRICHAKTVS Srichakra | 4,273.80 | minus 1.95% | 3,272 | 35.4 | 2.75 | 9.4% | 6.0% | 8.0% | 6.8% | −3.0% | 0.88% | plus 4.2% |
| Median of 7 peers | – | −1.17% | 56,266 | 41.9 | 8.75 | 15.6% | 12.3% | 15.1% | 12.3% | 22.3% | 0.40% | 6.6% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 819 | 926 | 917 | 981 | 1,068 | |
| 771 | 861 | 838 | 894 | 987 | |
| 48.3 | 65.8 | 78.3 | 86.6 | 80.8 | |
| 5.9% | 7.1% | 8.5% | 8.8% | 7.6% | |
| 2.1 | 2.9 | 1 | 9 | 14.2 | |
| 14.5 | 12.4 | 11.9 | 11.7 | 11.6 | |
| 33.5 | 35.6 | 36.4 | 36.7 | 37.1 | |
| 17.6 | −2.6 | −13.9 | 0.9 | −1 | |
| 19.9 | 18.2 | 17.1 | 48.1 | 45.2 | |
| 35.6% | 39.8% | 34.5% | 24.9% | 24.8% | |
| 12.9 | 11.1 | 11.2 | 36.1 | 34 | |
| 16.82 | 14.52 | 14.56 | 47.13 | 44.43 |
Profit & loss
- Sales CAGR 3Y
- +6.8%
- Profit CAGR 3Y
- −3.0%
- EPS CAGR 3Y
- −3.0%
- ROE
- 6.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2,972 | 2,912 | 3,233 | 3,623 | |
| – | minus 2.0% | +11.0% | +12.1% | |
| 2,736 | 2,610 | 3,001 | 3,335 | |
| 237 | 302 | 232 | 288 | |
| 8.0% | 10.4% | 7.2% | 7.9% | |
| 1.9 | 2 | −1.4 | 5.9 | |
| 39.5 | 44.6 | 54.1 | 50.5 | |
| 91.5 | 104 | 129 | 142 | |
| −5.9 | −9.8 | −11.2 | 2.1 | |
| 101 | 146 | 36.5 | 103 | |
| 23.3% | 26.2% | 43.8% | 31.2% | |
| 78 | 108 | 20.6 | 71.2 | |
| – | +38.4% | minus 80.9% | +245.6% | |
| 101.85 | 140.98 | 26.92 | 93.03 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 7.7 | 7.7 | 7.7 | 7.7 | |
| 1,027 | 1,104 | 1,176 | 1,183 | |
| 662 | 842 | 886 | 767 | |
| 759 | 743 | 910 | 1,085 | |
| 2,456 | 2,697 | 2,980 | 3,043 | |
| 989 | 1,127 | 1,151 | 1,101 | |
| 130 | 121 | 73.8 | 46.8 | |
| 255 | 260 | 392 | 414 | |
| 12.6 | 16.9 | 14.8 | 21.2 | |
| 1,069 | 1,173 | 1,348 | 1,459 | |
| 2,456 | 2,697 | 2,980 | 3,043 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 206 | 228 | 197 | 297 | |
| −202 | −325 | −154 | −103 | |
| 0.3 | 101 | −46.6 | −187 | |
| 3.8 | 3.4 | −3.4 | 7.1 | |
| −207 | −251 | −161 | −111 | |
| −1.8 | −22.9 | 36.2 | 186 | |
| −12.5 | −24.5 | −36.3 | −12.9 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 6.9% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.