- TVS Motor reported a third-quarter net income of 6.18 billion rupees, marking a 4.2% increase year over year, but fell short of the estimated 6.5 billion rupees.
- The company’s revenue for the quarter reached 91 billion rupees, a 10% increase from the previous year, aligning closely with the estimate of 91.13 billion rupees.
- Total costs rose by 9.3% year over year to 82.4 billion rupees.
- EBITDA increased by 17% year over year to 10.81 billion rupees, surpassing the estimate of 10.67 billion rupees.
- The EBITDA margin improved to 11.9%, compared to 11.2% from the same period the previous year.
- TVS Motor’s shares experienced a 2.4% rise, closing at 2,286 rupees with 380,756 shares traded.
- Analyst ratings for the company included 19 buys, 13 holds, and 10 sells.
A look at TVS Motor Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
TVS Motor Company Limited, a prominent manufacturer of motorcycles, mopeds, and scooters, is forecasted to have a positive long-term outlook based on its Smartkarma Smart Scores. With a strong score in Growth and Momentum, the company is expected to see continual expansion and steady performance in the market. Additionally, a respectable score in Dividend indicates a promising return for investors, supporting the company’s stability and attractiveness for long-term investments.
Despite facing challenges in Value and Resilience, TVS Motor Company remains a key player in the industry with its innovative products and services. The overall outlook suggests that the company is well-positioned to capitalize on growth opportunities, providing optimism for investors looking for sustainable returns in the foreseeable future.
### TVS Motor Company Limited manufactures motorcycles, mopeds, and scooters. The Company provides spark ignition operated outboard motors, combustion spark ignition engines, critical engines, and transmission parts. TVS Motor Company serves customers in India. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
