TVS Motor Company has hosted the audio recording of its analyst conference call regarding the financial results for the quarter ended June 30, 2026. The recording is now available on the company's official website under the Investors section. This follows the intimation dated July 15, 2026, regarding the scheduling of the post-results conference call with analysts and fund houses.

The company recently reported a 51% increase in standalone net profit to ₹1,174 crore for Q1 FY27, compared to ₹776 crore in the same period last year. Revenue from operations rose 38% to ₹13,896 crore, driven by record quarterly sales of 1.63 million units, which marked a 28% growth. The firm achieved its highest-ever EBITDA of ₹1,779 crore, with a margin of 12.8%, an improvement of 30 basis points year-on-year.

Standalone Financial Performance

The table below summarises the key standalone financial metrics for the quarter ended June 30, 2026:

Sales Performance

The overall two and three-wheeler sales grew by 28% to 1.63 million units. Motorcycles sales grew by 19% to 0.74 million units, while scooters sales increased by 36% to 0.68 million units. International business reported a growth of 33% with sales of 0.47 million units. Two-wheeler electric vehicles grew by 86% to 129,940 units, and the company now has over 1 million EV customers. Three-wheeler sales grew by 48% to 66,697 units.

The board approved a proposal to raise funds up to ₹1,000 crore via Non-Convertible Debentures, Commercial Papers, or other borrowings, subject to shareholder approvals. Other income for the quarter included a fair valuation gain on investments of ₹150 crore, compared to ₹28 crore in the first quarter of the previous year.

tvs motors allotted 50,000 Senior, Rated, Unsecured, Listed, Redeemable, Non-Convertible Debentures (NCDs) for an aggregate amount of ₹500 crore on July 17, 2026. The issuance was conducted through a private placement on the NSE Electronic Bidding Platform following successful bidding by identified investors. The Administrative Committee of Directors approved the allotment via a circular resolution, authorizing the issuance of NCDs with a face value of ₹1 lakh each along with a premium of ₹85,000 per debenture.

The NCDs carry a coupon rate of 7.30% per annum, payable annually. The instruments have a tenure of 36 months and are set to mature on July 17, 2029. Interest payments are scheduled annually, with the first payment due on July 17, 2027, followed by subsequent payments on July 17, 2028, and July 17, 2029. The principal redemption will occur on the maturity date of July 17, 2029, subject to any early redemption provisions.

In the event of a delay in payment of interest or principal for more than three months from the due date, the company will pay an additional 2% per annum on the outstanding principal amount. This penalty is applicable over and above the standard coupon rate, calculated from the end of the cure period until the default is rectified. The debentures are unsecured, and no specific charge has been created over the assets of the company.

The securities will be listed on the National Stock Exchange of India Limited. The disclosure was made to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that there are no special rights, interests, or privileges attached to the instrument, nor are there any existing letters or comments regarding payment defaults.

Key Details of the Allotment