TVS Motors , a leading two-wheeler and three-wheeler manufacturer, has announced plans to raise ₹500 crores through the issuance of Non-Convertible Debentures (NCDs) on a private placement basis. This strategic move comes as the company reports robust financial results for the first quarter of the fiscal year 2025-26.

Strong Q1 Performance

TVS Motors has posted impressive financial results for Q1 2025-26:

• Revenue crossed the ₹10,000 crore mark, reaching ₹10,081.00 crores, a 20% growth compared to ₹8,376.00 crores in Q1 2024-25.
• Operating EBITDA hit a record high of ₹1,263.00 crores, up 32% from ₹960.00 crores in the same quarter last year.
• The operating EBITDA margin improved by 100 basis points to 12.5%.
• Profit Before Tax (PBT) surged by 35% to ₹1,053.00 crores, up from ₹783.00 crores in Q1 2024-25.
• Profit After Tax (PAT) also grew by 35% to ₹779.00 crores, compared to ₹577.00 crores in the previous year's quarter.

Record-Breaking Sales

The company achieved its highest-ever quarterly sales during Q1 2025-26:

NCD Issuance Details

The Board of Directors of TVS Motors has approved the proposal to raise funds up to ₹500 crores through the issuance of Non-Convertible Debentures. Key points of the NCD issuance include:

• The NCDs will be issued on a private placement basis.
• The issuance may be conducted in one or more tranches or series.
• The fundraising will take place over a period of time, as per the company's requirements.

This fundraising initiative represents the company's strategy to access debt capital markets for its financing requirements.

Financial Position

As of June 30, 2025, TVS Motors maintains a strong financial position:

• Net Debt to Equity ratio stands at 0.15 on a standalone basis.
• The company's net worth has increased to ₹10,723.74 crores.
• Current ratio is reported at 0.56.

Market Performance and Future Outlook

TVS Motors continues to strengthen its position in the two-wheeler and three-wheeler segments:

• The company has expanded its global presence, recently launching the TVS iQube in Indonesia.
• TVS Jupiter 110 has become India's most awarded scooter.
• The TVS Apache brand celebrated 20 years of performance with 6 million Apache riders worldwide.
• The company's manufacturing excellence was recognized with the CII National Award for Future Ready Manufacturing 2025.
• All three manufacturing units in India have achieved Water Positive certification from CII, underscoring the company's commitment to sustainability.

The decision to raise funds through NCDs comes at a time when TVS Motors is experiencing strong growth and expanding its market presence. The additional capital is likely to support the company's ongoing expansion plans, research and development efforts, and potential investments in emerging technologies, particularly in the electric vehicle segment where the company has shown significant growth.

As TVS Motors continues to innovate and expand its product portfolio, the successful raising of funds through NCDs could provide the necessary financial flexibility to capitalize on market opportunities and maintain its growth trajectory in the competitive two-wheeler and three-wheeler market.

TVS Motors , a leading two and three-wheeler manufacturer, has reported exceptional financial results for the quarter ended June 30, marking significant growth across key performance indicators.

Record-Breaking Revenue

The company's revenue crossed the Rs. 10,000 crore milestone, reaching Rs. 10,081.00 crores in Q1. This represents a robust 20% growth compared to Rs. 8,376.00 crores recorded in the same quarter of the previous fiscal year.

Profitability Surge

TVS Motors posted its highest-ever quarterly Profit Before Tax (PBT) of Rs. 1,053.00 crores, showcasing a remarkable 35% increase from Rs. 783.00 crores in the corresponding quarter last year. The company's Profit After Tax (PAT) also saw a significant boost, rising by 35% to Rs. 779.00 crores, up from Rs. 577.00 crores in the same period.

EBITDA and Margin Improvement

The company achieved its highest Operating EBITDA of Rs. 1,263.00 crores, marking a 32% growth. Notably, the Operating EBITDA margin improved by 100 basis points, reaching 12.5% in Q1, up from 11.5% in the same period last year.

Sales Performance

TVS Motors registered its highest-ever quarterly sales during Q1:

Board Approval for Fundraising

The board of TVS Motor Company has approved raising up to Rs. 500.00 crores through Non-Convertible Debentures on a private placement basis.

Investments

During the quarter, the company made significant investments:

• Rs. 477.68 crores invested in subsidiaries
• Rs. 85.65 crores invested in TVS Supply Chain Solutions Limited

The strong Q1 performance sets a positive tone for TVS Motors' fiscal year, reflecting its robust market position and effective business strategies in the two and three-wheeler segments.