TVS Supply Chain Solutions Limited has filed its Annual Report for the financial year 2025-26 along with the Notice of its 22nd Annual General Meeting (AGM), scheduled to be held via Video Conferencing (VC)/Other Audio Visual Means (OAVM) on Wednesday, August 5, 2026, at 3:00 PM (IST). The filing was made pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Record Financial Performance in FY26

FY26 marked a significant milestone for the company, with consolidated revenue from operations reaching ₹11,002.97 crores — the highest in its history — representing a 10.08% year-on-year growth over ₹9,995.72 crores in FY25. Total consolidated income stood at ₹11,040.76 crores compared to ₹10,028.88 crores in FY25. The company also recorded its highest-ever annual profitability, with Profit After Tax of ₹117.02 crores, reversing a loss of ₹9.64 crores in the prior year.

The following table summarises the key consolidated financial results:

Adjusted EBITDA improved by 15.48%, from ₹667.37 crores to ₹770.70 crores, primarily driven by strong recovery in the Integrated Supply Chain Solutions (ISCS) segment and strategic cost optimisation initiatives. The company reported an exceptional item loss of ₹105.63 crores during FY26, comprising restructuring costs of ₹91.29 crores related to "Project One" in UK and Europe, and ₹14.34 crores on account of the implementation of the new Labour Code in India.

Segment Performance

The company operates through two reportable segments: Integrated Supply Chain Solutions (ISCS) and Global Forwarding Solutions (GFS). The following table provides a breakdown of consolidated revenue from operations across segments:

The ISCS segment reported a 9.63% year-over-year revenue growth, driven primarily by new business development wins, while EBITDA grew 16.94% from ₹627.34 crores to ₹733.63 crores. The GFS segment delivered 11.42% revenue growth year-over-year, primarily driven by higher ocean freight volumes, though segment EBITDA declined 8.99% from ₹66.70 crores to ₹60.69 crores due to freight rate volatility. However, GFS performance rebounded in the second half of FY26, growing at 27% year-on-year.

Business Development and Customer Growth

The company added ₹1,206.74 crores in additional revenue from new business development in FY26. Its Fortune Global 500 customer base increased to 100 during FY26, up from 91 in FY25, and the total number of active customers grew to 7,124 from 6,277 in FY25. The company converted 23% of its FY26 order pipeline of ₹5,250 crores and entered FY27 with a robust order pipeline exceeding ₹6,100 crores.

Key operational indicators for the year are summarised below:

Key Corporate Developments in FY26

Several strategic milestones were achieved during the year:

• June 2025: TVS Supply Chain Solutions North America earned John Deere 'Partner-level status' for the second consecutive year.
• September 2025: TVS SCS secured a Pan-European Retail Technology Rollout Project with ETS Eurotel, covering 1,000 retail sites across the UK, Ireland, Belgium, and the Netherlands.
• February 2026: TVS SCS signed an MoU with Italy-based ALA Group to enter India's $28 billion Aerospace and Defence supply chain market.
• March 2026: TVS SCS set up a warehousing facility to strengthen Caterpillar's global supply chains from India, enabling multi-country sourcing.
• TVS SCS inaugurated a 225,000 sq. ft. facility in Iowa, expanding its North American presence.

Leadership Changes and AGM Business

Consequent to the resignation of Sri. Ravi Viswanathan as Director and Managing Director with effect from June 30, 2026, the Board appointed Sri. Vikas Chadha (DIN: 06624266) as Managing Director for a period of five years from July 1, 2026 to June 30, 2031, subject to shareholder approval at the AGM. Sri. Vikas Chadha holds an MBA from the Indian School of Business, Hyderabad, and brings over 30 years of progressive leadership experience.

The 22nd AGM agenda includes the following key items:

• Adoption of audited standalone and consolidated financial statements for FY26
• Re-appointment of Sri. R. Dinesh and Ms. Shobhana Ramachandhran, who retire by rotation
• Appointment of Sri. Vikas Chadha as Director and Managing Director

The Board has decided not to recommend any dividend for FY26, with a view to conserving resources for future growth. The remote e-voting period for the AGM is scheduled from Sunday, August 2, 2026 (9:00 AM IST) to Tuesday, August 4, 2026 (5:00 PM IST).

Standalone Financial Highlights

On a standalone basis, the company reported revenues from operations of ₹1,991.02 crores in FY25-26 compared to ₹1,885.17 crores in FY24-25. Standalone Profit After Tax stood at ₹19.90 crores versus ₹69.65 crores in the prior year. The standalone Adjusted EBITDA was ₹79.03 crores compared to ₹163.00 crores in FY24-25.

ESG and Sustainability Initiatives

The company spent ₹136.49 Lakhs on CSR activities for FY26, fulfilling its mandatory CSR obligation. Global CSR spend across the group stood at ₹3.37 crores. Key sustainability highlights include nearly 90% of the forklift fleet in North America and India operating on electric battery technology, generation of 0.45 million kWh of renewable electricity at the Chorley site in Europe, and responsible management of approximately 327 metric tonnes of waste in India. Employee learning hours totalled 94,959 across 5,367 learners globally, and the VIBE 2026 employee engagement survey recorded an overall satisfaction score of 95% with an 88% participation rate across 26 countries.

tvs supply chain solutions accepted the resignation of Anand Kumar as a Non-Executive Non-Independent Director effective July 7, 2026. The resignation was submitted due to increased professional commitments and responsibilities, which prevent him from devoting the required time to his role on the board.

The disclosure was made to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. TVS Supply Chain Solutions confirmed that all necessary filings and intimations will be completed in this regard.

Anand Kumar expressed his gratitude to the board and the management team for their cooperation and support during his tenure. He wished the company great success in its future endeavors.