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.

TVS Motor Company Limited (TVS Motor), a leading Indian two-wheeler and three-wheeler manufacturer, has announced plans to explore fundraising options through the issuance of Non-Convertible Debentures (NCDs). The company's board is scheduled to meet on July 31, 2025, to consider and potentially approve this financial move.

Board Meeting Details

According to a communication signed by Company Secretary K S Srinivasan, TVS Motor has informed both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) about the upcoming board meeting. The primary agenda for this meeting is to discuss and potentially approve the issuance of NCDs on a private placement basis.

Fundraising Strategy

The company has indicated that the proposed NCD issuance, if approved, would be conducted in one or more tranches or series over a period of time. This approach suggests a flexible fundraising strategy that can be adjusted based on market conditions and the company's evolving financial needs.

Regulatory Compliance

In compliance with the Securities and Exchange Board of India (SEBI) regulations, specifically Regulations 29(1) and 50(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, TVS Motor has duly informed the stock exchanges about this material development. This transparency ensures that all stakeholders are kept informed about potential changes in the company's financial structure.

Implications for Investors

While the exact amount of funds to be raised through the NCDs has not been disclosed, this move could potentially strengthen TVS Motor's financial position. Non-Convertible Debentures are typically used by companies to raise long-term capital at a fixed interest rate, which can be advantageous in certain market conditions.

Investors and market analysts will likely be watching closely for the outcome of the July 31 board meeting, as it could provide insights into TVS Motor's financial strategy and future growth plans.

As this development unfolds, stakeholders are advised to stay tuned for further announcements from the company regarding the details and terms of the potential NCD issuance.