TVS Electronics Reports Q4 Net Profit of INR 29 Mn, EBITDA Surges
TVS Electronics reported a Q4 FY26 net profit of INR 29 Mn, reversing a loss of INR 5.7 Mn in the prior year period, with revenue at INR 1.17 Bn. Q4 EBITDA surged to INR 91 Mn from INR 26 Mn, with the EBITDA margin expanding to 7.71% from 2.3% year-on-year. For the full year FY26, the company posted a net profit of INR 13 Mn versus a net loss of INR 39 Mn in FY25, with annual revenue growing 5.7% to INR 4,552 Mn.

*this image is generated using AI for illustrative purposes only.
TVS Electronics has announced its financial results for the quarter and year ended March 31, 2026. The company reported a net profit of INR 29 Mn for Q4 FY26, a significant turnaround from the net loss of INR 5.7 Mn in the corresponding quarter of the previous year. Revenue from operations for the quarter stood at INR 1.17 Bn, representing a year-on-year increase compared to INR 1.15 Bn in Q4 FY25. The Board of Directors approved the results during a meeting held on May 22, 2026.
Q4 FY26 Financial Performance
For the quarter ended March 31, 2026, the company delivered a strong operational performance with EBITDA rising to INR 91 Mn against INR 26 Mn in Q4 FY25. The EBITDA margin expanded significantly to 7.71% from 2.3% year-on-year, reflecting improved operational efficiency. Profit before tax for the quarter was INR 31 Mn, compared to a loss before tax of INR 31 Mn in the prior year period. The earnings per share (EPS) for the quarter improved to INR 1.53 from a negative INR 0.35 in the same quarter of the previous year.
FY26 Annual Results
For the full financial year, TVS Electronics recorded a net profit of INR 13 Mn, reversing the net loss of INR 39 Mn incurred in the previous year. Total revenue from operations rose to INR 4,552 Mn from INR 4,305 Mn in the prior year. The EBITDA for the year stood at INR 195 Mn, a 77.3% increase from INR 110 Mn in FY25. The EBITDA margin for FY26 improved to 4.28% from 2.56% in the previous year. The company's EPS for the year improved to INR 0.67 from a negative INR 2.08 in the previous year.
Segment Performance
The company operates in two primary segments: Products & Solutions and Customer Support Services. The Products & Solutions segment reported revenue of INR 3,164 Mn for the year, while the Customer Support Services segment contributed INR 1,388 Mn. The Customer Support Services vertical registered a growth of 12.7% in revenue in FY26 as compared to FY25, driven by an uptick in volumes across business verticals. Overall entity revenue for FY26 stood at INR 4,552 Mn, representing an increase of 5.7% on a year-on-year basis.
The following table summarizes the key financial figures for the quarter and year ended March 31, 2026:
| Particulars (INR Mn) | Q4 FY26 | Q4 FY25 | FY26 | FY25 |
|---|---|---|---|---|
| Revenue from Operations | 1,174 | 1,146 | 4,552 | 4,305 |
| Total Expenses | 1,104 | 1,125 | 4,357 | 4,195 |
| EBITDA | 91 | 26 | 195 | 110 |
| EBITDA Margin (%) | 7.71% | 2.30% | 4.28% | 2.56% |
| Net Profit / (Loss) | 29 | (5.7) | 13 | (39) |
| EPS (INR) | 1.53 | (0.35) | 0.67 | (2.08) |
Historical Stock Returns for TVS Electronics
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.68% | -0.26% | +2.04% | -19.13% | +17.53% | +218.16% |
Can TVS Electronics sustain its EBITDA margin expansion beyond 4.28% in FY27, and what specific operational levers could drive further improvement?
Given the Customer Support Services segment's 12.7% growth, is TVS Electronics considering increasing its investment or capacity in this vertical relative to the Products & Solutions segment?
How might increasing competition in the IT peripherals and electronics space impact TVS Electronics' revenue trajectory and pricing power in the coming fiscal year?


































