TVS Motor Company , a leading two and three-wheeler manufacturer, has unveiled its capital expenditure plans for the fiscal year 2026 while reporting robust financial results for the first quarter of 2025-26.

Capital Expenditure Plans

Company executives have announced that TVS Motor plans to invest between Rs. 16 and 17 billion in capital expenditure for the fiscal year 2026. This significant investment underscores the company's commitment to growth and expansion in the coming years.

Q1 2025-26 Financial Highlights

TVS Motor has posted impressive financial results for the first quarter of the 2025-26 fiscal year:

Sales Performance

TVS Motor registered its highest-ever quarterly sales during Q1 2025-26:

Key Highlights

• TVS Jupiter 110 became India's Most Awarded Scooter, celebrated with an All-AI Campaign.
• TVS Apache celebrated 20 years of performance with 6 million Apache Racers worldwide.
• The company launched TVS iQube in Indonesia, expanding its presence in the international market.
• TVS Motor Company won the CII National Award for Future Ready Manufacturing 2025.
• All three manufacturing units in India achieved Water Positive certification from CII.

The strong financial performance and ambitious capex plans indicate TVS Motor's focus on growth and innovation in the two-wheeler and three-wheeler segments, including a push towards electric mobility.

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.