TVS Srichakra
4,725.70
+110.60(+2.40%)
Market Cap₹- Cr
PE Ratio-
IndustryAutomobiles
Company Performance:
1D+2.40%
1M+12.95%
6M+59.64%
1Y+25.59%
5Y+190.44%
View Company Insightsright
More news about TVS Srichakra
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.
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.
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.
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.
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.
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.
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.
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.
TVS Srichakra
4,725.70
+110.60
(+2.40%)
1 Year Returns:+25.59%
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