TVS Srichakra
3,474.90
+80.20(+2.36%)
Market Cap₹2,660.75 Cr
PE Ratio58.26
IndustryAutomobiles
Company Performance:
1D+2.36%
1M-11.67%
6M-6.11%
1Y+33.92%
5Y+93.26%
View Company Insightsright
More news about TVS Srichakra
25Feb 26
TVS Srichakra Limited Announces Postal Ballot for Managing Director Re-appointment
TVS Srichakra Limited has issued a postal ballot notice for the re-appointment of Mr. R Naresh as Managing Director for three years from 16th June 2026. Remote e-voting will be conducted from 28th February to 29th March 2026, with results by 31st March 2026. Mr. Naresh, a co-founder with 43+ years of experience, will receive remuneration up to 5% of net profits, having earned ₹2.97 crore in FY 2024-25.
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13Feb 26
TVS Srichakra Reports Strong Q3 FY26 Performance with Revenue Growth and Return to Profitability
TVS Srichakra Limited reported strong Q3 FY26 results with standalone revenue of ₹850.36 crores, up from ₹747.00 crores in Q3 FY25. The company returned to profitability with net profit after tax of ₹14.16 crores versus a loss of ₹3.08 crores in the previous year. Nine-month revenue reached ₹2,477.14 crores with net profit of ₹48.09 crores, while EPS improved significantly to ₹18.49 for the quarter.
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03Feb 26
TVS Srichakra Opens 11th Exclusive Store in West Delhi, Expands Retail Network
TVS Srichakra has opened its 11th branded signature store in West Delhi, strengthening its retail network expansion strategy. The store, inaugurated on January 29, 2026, offers complete two-wheeler tire solutions and professional services, positioning the company to serve Delhi's high-potential automotive market with enhanced customer accessibility.
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29Dec 25
TVS Srichakra Receives ₹55.11 Crore CGST Demand Order, Plans Appeal
TVS Srichakra Limited has received a CGST order demanding ₹55.11 crores for alleged GST liability over three financial years. The order, issued by the Joint Commissioner of CGST in Dehradun, confirms a reduced demand from the original ₹65.38 crores. The company plans to appeal within the 90-day timeline and states that current operations remain unaffected. The demand includes ₹27.56 crores in tax and an equal amount in penalties.
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09Dec 25
Eurogrip Tyres Expands Global Presence with Showcases at EICMA and Automechanika Dubai
TVS Srichakra, parent company of Eurogrip Tyres, showcased new products at EICMA in Milan and Automechanika Dubai. The company introduced two new tyre lines: Trailhound Wild for enduro motorcycles and Bee Wild for scooters. These products feature advanced technology including optimal tread patterns and balanced silica compounds. Eurogrip displayed its expanding global product lines catering to various segments including scooters, sport bikes, and electric vehicles. The company's participation in these events aims to strengthen its presence in West Asia, Africa, and Gulf countries.
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24Nov 25
Eurogrip Strengthens Global Footprint with Premium Tyre Showcase at International Motor Shows
TVS Srichakra's Eurogrip brand showcased its premium two and three-wheeler tyre portfolio at the Expo Moto International Trade Show in Mexico City and the Colombo Motor Show in Sri Lanka. The company displayed a range of products including Roadhound, Protorq Extreme, and Bee Connect, demonstrating its R&D capabilities and advanced tyre technology. This move aligns with Eurogrip's strategy to strengthen its presence in Latin American and South Asian markets.
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11Nov 25
TVS Srichakra Reports Mixed Q2 Results with Revenue Growth but Lower Profitability
TVS Srichakra's Q2 FY24 results show revenue growth but lower profitability. Standalone revenue increased to ₹865.04 crores from ₹761.74 crores in the previous quarter, while net profit declined to ₹15.81 crores from ₹18.19 crores. The company received a government grant of ₹18.81 crores as an exceptional item. Consolidated revenue for the quarter was ₹1,253.83 crores with a net profit of ₹10.96 crores. Earnings per share on a standalone basis stood at ₹20.65.
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12Aug 25
TVS Srichakra Secures Global 'Super Grip' Brand Rights and Reports Q1 FY2026 Results
TVS Srichakra Limited has signed a 99-year trademark license agreement with its subsidiary, Super Grip Corporation, USA, for global usage rights of the 'Super Grip' brand. The company reported a 3.6% increase in revenue to ₹819.41 crore and a 93.2% surge in net profit after tax to ₹12.83 crore for Q1 FY2026. The company also received an Investment Promotion Capital Subsidy from SIPCOT and implemented a Voluntary Retirement Scheme.
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12Aug 25
TVS Srichakra Reports Robust Profit Growth in Q1 Despite Modest Revenue Increase
TVS Srichakra Limited, an Indian automotive tyre manufacturer, announced its Q1 financial results with significant profit improvements. Consolidated revenue grew by 3.6% to Rs 819.41 crores, while net profit after tax surged by 93.2% to Rs 12.83 crores. The company's profitability boost is attributed to effective cost management, with decreases in raw material costs and other expenses. TVS Srichakra also recognized Rs 18.81 crores in grant income from an Investment Promotion Capital Subsidy by the Tamil Nadu government, to be received over 12 years. The company continued its voluntary retirement scheme, allocating Rs 1.25 crores for the quarter.
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02Aug 25
TVS Srichakra Shareholders Approve Managing Director's Re-appointment with Overwhelming Support
TVS Srichakra Limited's shareholders have approved the re-appointment of Ms. Shobhana Ramachandhran as Managing Director for a five-year term starting August 25, 2025. The special resolution passed with 98.48% votes in favor. Her remuneration will be determined by the Board, capped at 5% of net profits, with provisions for minimum remuneration in case of inadequate profits. The e-voting process was facilitated by NSDL and overseen by an appointed Scrutinizer.
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28Jul 25
TVS Srichakra's Eurogrip Tyres Expands Retail Presence with Fourth Exclusive Store in Chennai
TVS Srichakra Limited has opened its fourth exclusive Eurogrip Tyres branded store in Perambur, Chennai. The new store offers a full range of tyre patterns and sizes for various two-wheelers, along with services like tyre fitment, care, and warranty handling. This expansion is part of the company's strategy to increase its retail presence in key urban markets. TVS Srichakra plans to open more branded retail stores across strategic locations in the coming months.
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01Jul 25
TVS Srichakra Faces ₹65.38 Crore GST Demand Notice
TVS Srichakra, a major automotive sector player specializing in two-wheeler and three-wheeler tyres, has received a GST demand notice for ₹65.38 crore. This substantial sum could potentially strain the company's finances and necessitate a review of its GST compliance procedures. The company has not yet publicly responded to the notice. This development may impact investor sentiment and the company's stock performance in the short term. The automotive industry, including tyre manufacturers, is already facing challenges such as fluctuating raw material costs and evolving regulations.
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13Jun 25
TVS Srichakra's Eurogrip Tyres Expands Reach with Honda Taiwan Partnership
TVS Srichakra's Eurogrip Tyres has formed a strategic partnership with Honda Taiwan, integrating into their after-sales service network. This collaboration expands Eurogrip Tyres' market presence in Taiwan, potentially boosting brand recognition and sales for TVS Srichakra. The partnership also demonstrates the growing global acceptance of Indian automotive components.
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12Jun 25
TVS Srichakra's Eurogrip Expands into Taiwan through Honda Partnership
TVS Srichakra has partnered with Honda Taiwan to introduce its Eurogrip brand of premium motorcycle tyres into the Taiwanese market. The collaboration will integrate Eurogrip tyres into Honda's after-sales service network across Taiwan, providing direct access to Honda's customer base and increasing brand visibility. This strategic move aligns with TVS Srichakra's Asian market expansion strategy and could potentially lead to revenue growth, enhanced international reputation, and product validation for the company.
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12Jun 25
TVS Srichakra's Eurogrip Tyres Expands Reach with Honda Taiwan Partnership
TVS Srichakra's Eurogrip Tyres has joined Honda Taiwan's official after-sales service network. This strategic partnership marks a significant expansion for the Indian tyre manufacturer in the Taiwanese market. The collaboration is expected to enhance service experiences for Honda customers in Taiwan, providing them with direct access to Eurogrip's high-quality tyre services through Honda's official channels. For TVS Srichakra, this deal represents an opportunity for market expansion, increased brand recognition, and potential revenue growth in the Asian market.
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27May 25
TVS SRICHAKRA Q4 Revenue Rises, Profit Dips Amid Margin Pressure
TVS SRICHAKRA, a leading two and three-wheeler tyre manufacturer, released its Q4 financial results. Revenue increased by 5.90% to ₹8,100.00 million, up from ₹7,650.00 million in the previous year. However, profitability declined with EBITDA falling 13.64% to ₹665.00 million and EBITDA margin contracting to 8.21% from 10.07%. Net profit saw a significant drop of 59.49%, decreasing to ₹96.00 million from ₹237.00 million in the same quarter last year.
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26Feb 25
TVS Srichakra Expands into Renewable Energy with Strategic Investments
TVS Srichakra, a leading automotive tire manufacturer, has invested ₹20.5 crore in two solar power projects. The company acquired 26.02% stakes in Evincea Renewables (Six) Private Limited and Evincea Renewables (Three) Private Limited, each for ₹10.25 crore. These investments aim to purchase solar power under the Group Captive mode, marking TVS Srichakra's entry into the renewable energy sector. Both investee companies are Special Purpose Vehicles formed by Manikaran Renewables Limited for developing and supplying renewable energy.
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TVS Srichakra
3,474.90
+80.20
(+2.36%)
1 Year Returns:+33.92%
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