TVS Motor February Sales Surge 31% to 529,308 Units, Beats Estimates

TVS Motor Company has reported robust sales performance for February, with total unit sales reaching 529,308 units, representing a significant 31% growth over the previous year. The company's performance exceeded analyst estimates of 510,500 units, demonstrating strong operational momentum across multiple business segments and achieving record international sales.

Overall Sales Performance

The February sales data reveals substantial growth momentum across the company's portfolio. TVS Motor Company achieved notable year-over-year expansion, with current sales significantly outpacing the previous year's performance and surpassing market expectations.

Sales Metric:	February 2026	February 2025	Growth (%)
Total Units Sold:	529,308	403,976	+31.00%
Analyst Estimates:	510,500	-	-
Beat Estimates By:	18,808 units	-	+3.68%
Two-Wheeler Sales:	507,862	391,889	+30.00%
Three-Wheeler Sales:	21,446	12,087	+77.00%
Total Exports:	158,268	124,993	+27.00%

Segment-Wise Performance Analysis

The domestic two-wheeler segment demonstrated strong performance with 32% growth, increasing from 276,072 units to 365,471 units. Within the two-wheeler category, motorcycles registered 25% growth with sales rising from 192,960 units to 241,282 units, while scooters showed even stronger momentum with 34% growth from 164,415 units to 219,895 units.

Two-Wheeler Breakdown:	February 2026	February 2025	Growth (%)
Domestic Two-Wheeler:	365,471	276,072	+32.00%
Motorcycles:	241,282	192,960	+25.00%
Scooters:	219,895	164,415	+34.00%
Electric Vehicles:	38,386	24,017	+60.00%

International Business Achieves Record Performance

TVS Motor Company's international business recorded its highest ever monthly sales of 1.58 lakh units, with total exports growing 27% from 124,993 units to 158,268 units. Two-wheeler exports specifically contributed 142,391 units, representing a 23% increase from 115,817 units in the previous year.

Electric Vehicle Segment Shows Strong Growth

The electric vehicle segment demonstrated exceptional performance with 60% growth, increasing from 24,017 units to 38,386 units. This substantial growth reflects the company's successful expansion in the sustainable mobility segment and growing market acceptance of electric two-wheelers. The three-wheeler segment also showed remarkable performance with 77% growth, rising from 12,087 units to 21,446 units, indicating strong demand in the commercial vehicle segment.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.77%	-3.57%	-12.38%	+1.08%	+42.28%	+517.14%

TVS Motors has announced the completion of its divestment of equity stakes in Roppen Transportation Services Private Limited, marking a significant corporate transaction in its portfolio management strategy. The automotive manufacturer has successfully concluded the sale of preference shares as part of its ongoing business restructuring activities.

Transaction Details

The company completed the sale of 11,997 Series D Compulsory Convertible Preference Shares (CCPS) held in Roppen Transportation Services Private Limited on February 25, 2026. The transaction was finalized at 06:17 PM (IST) on the same date, representing a complete divestment of the company's stake in this particular investment.

Transaction Parameter:	Details
Number of Shares:	11,997 Series D CCPS
Transaction Date:	February 25, 2026
Transaction Time:	06:17 PM (IST)
Target Company:	Roppen Transportation Services Private Limited

Buyer Information

The CCPS were sold to two Mauritius-based investment entities, reflecting international investor interest in the transportation services sector. The buyers include Accel Leaders 5 Holdings (Mauritius) Limited and Accel India VIII (Mauritius) Limited, both of which appear to be part of the Accel investment group structure.

Regulatory Compliance

TVS Motor Company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously made intimations regarding this transaction on November 6, 2025, and February 19, 2026, demonstrating transparent communication with stakeholders throughout the process.

Corporate Governance

The transaction has been classified as a material development, requiring formal disclosure to both the Bombay Stock Exchange and National Stock Exchange of India. Company Secretary K S Srinivasan signed the regulatory filing, ensuring proper documentation and compliance with corporate governance standards. The digital signature was applied on February 25, 2026, at 18:24:07 +05'30', confirming the authenticity of the disclosure.