TVS Motor Company Limited
TVS Motor Company Limited, together with its subsidiaries, engages in the manufacture and sale of automotive vehicles and components, spare parts, and accessories in India and South Africa. It operates through Automotive Vehicles & Parts and Related Investments; and Investment Held in Financial Services segments. The company offers motorcycles under the Apache RTR, Apache RR, Ronin, Raider, Radeo… Read more
TVS Motor Company Limited (TVSMOTOR) - Net Assets
Latest net assets as of September 2025: ₹91.28 Billion INR
Based on the latest financial reports, TVS Motor Company Limited (TVSMOTOR) has net assets worth ₹91.28 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹519.27 Billion) and total liabilities (₹427.99 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹91.28 Billion |
| % of Total Assets | 17.58% |
| Annual Growth Rate | 14.19% |
| 5-Year Change | 124.04% |
| 10-Year Change | 496.52% |
| Growth Volatility | 12.96 |
TVS Motor Company Limited - Net Assets Trend (2005–2025)
This chart illustrates how TVS Motor Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TVS Motor Company Limited (2005–2025)
The table below shows the annual net assets of TVS Motor Company Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹94.42 Billion | +25.71% |
| 2024-03-31 | ₹75.11 Billion | +27.09% |
| 2023-03-31 | ₹59.10 Billion | +16.96% |
| 2022-03-31 | ₹50.53 Billion | +19.90% |
| 2021-03-31 | ₹42.15 Billion | +16.97% |
| 2020-03-31 | ₹36.03 Billion | +5.48% |
| 2019-03-31 | ₹34.16 Billion | +19.51% |
| 2018-03-31 | ₹28.58 Billion | +28.47% |
| 2017-03-31 | ₹22.25 Billion | +40.56% |
| 2016-03-31 | ₹15.83 Billion | +19.50% |
| 2015-03-31 | ₹13.25 Billion | +14.11% |
| 2014-03-31 | ₹11.61 Billion | +28.24% |
| 2013-03-31 | ₹9.05 Billion | +23.79% |
| 2012-03-31 | ₹7.31 Billion | +6.23% |
| 2011-03-31 | ₹6.88 Billion | +11.00% |
| 2010-03-31 | ₹6.20 Billion | -3.14% |
| 2009-03-31 | ₹6.40 Billion | -14.86% |
| 2008-03-31 | ₹7.52 Billion | -6.82% |
| 2007-03-31 | ₹8.07 Billion | +7.57% |
| 2006-03-31 | ₹7.50 Billion | +12.81% |
| 2005-03-31 | ₹6.65 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to TVS Motor Company Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 7106240000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹71.06 Billion | 83.57% |
| Common Stock | ₹475.10 Million | 0.56% |
| Other Comprehensive Income | ₹14.12 Billion | 16.61% |
| Total Equity | ₹85.03 Billion | 100.00% |
TVS Motor Company Limited Competitors by Market Cap
The table below lists competitors of TVS Motor Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ZOZO Inc
PINK:SATLF
|
$9.26 Billion |
|
Chart Industries Inc
NYSE:GTLS
|
$9.26 Billion |
|
Dongfeng Motor Group Co Ltd
PINK:DNFGY
|
$9.27 Billion |
|
Eiffage SA
OTCGREY:EFGSF
|
$9.28 Billion |
|
CNH Industrial N.V.
NYSE:CNH
|
$9.25 Billion |
|
Confluent Inc
NASDAQ:CFLT
|
$9.24 Billion |
|
On Holding Ltd
NYSE:ONON
|
$9.23 Billion |
|
Central Japan Railway Co
PINK:CJPRY
|
$9.22 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TVS Motor Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 67,835,100,000 to 85,033,800,000, a change of 17,198,700,000 (25.4%).
- Net income of 22,355,600,000 contributed positively to equity growth.
- Dividend payments of 4,750,900,000 reduced retained earnings.
- Share repurchases of 952,700,000 reduced equity.
- Other comprehensive income increased equity by 2,054,500,000.
- Other factors decreased equity by 1,507,800,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹22.36 Billion | +26.29% |
| Dividends Paid | ₹4.75 Billion | -5.59% |
| Share Repurchases | ₹952.70 Million | -1.12% |
| Other Comprehensive Income | ₹2.05 Billion | +2.42% |
| Other Changes | ₹-1.51 Billion | -1.77% |
| Total Change | ₹- | 25.35% |
Book Value vs Market Value Analysis
This analysis compares TVS Motor Company Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 19.51x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 249.51x to 19.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹14.00 | ₹3492.00 | x |
| 2006-03-31 | ₹15.79 | ₹3492.00 | x |
| 2007-03-31 | ₹16.98 | ₹3492.00 | x |
| 2008-03-31 | ₹15.83 | ₹3492.00 | x |
| 2009-03-31 | ₹13.48 | ₹3492.00 | x |
| 2010-03-31 | ₹13.05 | ₹3492.00 | x |
| 2011-03-31 | ₹14.37 | ₹3492.00 | x |
| 2012-03-31 | ₹15.27 | ₹3492.00 | x |
| 2013-03-31 | ₹18.91 | ₹3492.00 | x |
| 2014-03-31 | ₹24.43 | ₹3492.00 | x |
| 2015-03-31 | ₹27.88 | ₹3492.00 | x |
| 2016-03-31 | ₹33.32 | ₹3492.00 | x |
| 2017-03-31 | ₹46.64 | ₹3492.00 | x |
| 2018-03-31 | ₹56.35 | ₹3492.00 | x |
| 2019-03-31 | ₹66.73 | ₹3492.00 | x |
| 2020-03-31 | ₹69.08 | ₹3492.00 | x |
| 2021-03-31 | ₹80.55 | ₹3492.00 | x |
| 2022-03-31 | ₹92.60 | ₹3492.00 | x |
| 2023-03-31 | ₹115.87 | ₹3492.00 | x |
| 2024-03-31 | ₹142.78 | ₹3492.00 | x |
| 2025-03-31 | ₹178.96 | ₹3492.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TVS Motor Company Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 26.29%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.07%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 5.64x
- Recent ROE (26.29%) is above the historical average (16.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 20.55% | 4.69% | 1.91x | 2.30x | ₹701.20 Million |
| 2006 | 14.73% | 3.38% | 1.72x | 2.54x | ₹354.60 Million |
| 2007 | 9.19% | 1.89% | 1.75x | 2.78x | ₹-65.19 Million |
| 2008 | -3.76% | -0.86% | 1.43x | 3.04x | ₹-1.03 Billion |
| 2009 | -9.87% | -1.69% | 1.49x | 3.92x | ₹-1.27 Billion |
| 2010 | 5.41% | 0.74% | 1.71x | 4.29x | ₹-284.90 Million |
| 2011 | 18.74% | 1.99% | 2.28x | 4.13x | ₹596.71 Million |
| 2012 | 18.25% | 1.78% | 2.22x | 4.61x | ₹598.02 Million |
| 2013 | 22.08% | 2.64% | 2.23x | 3.75x | ₹1.09 Billion |
| 2014 | 16.10% | 2.23% | 2.43x | 2.97x | ₹707.97 Million |
| 2015 | 24.17% | 3.12% | 2.24x | 3.45x | ₹1.88 Billion |
| 2016 | 23.02% | 3.20% | 2.31x | 3.11x | ₹2.06 Billion |
| 2017 | 23.07% | 4.06% | 2.06x | 2.77x | ₹2.90 Billion |
| 2018 | 24.37% | 3.97% | 1.24x | 4.94x | ₹3.85 Billion |
| 2019 | 22.23% | 3.49% | 1.21x | 5.27x | ₹3.88 Billion |
| 2020 | 19.03% | 3.31% | 0.98x | 5.87x | ₹2.96 Billion |
| 2021 | 15.53% | 3.05% | 0.88x | 5.75x | ₹2.12 Billion |
| 2022 | 17.20% | 3.11% | 0.90x | 6.15x | ₹3.17 Billion |
| 2023 | 24.14% | 4.14% | 0.91x | 6.40x | ₹7.78 Billion |
| 2024 | 24.86% | 4.34% | 0.92x | 6.22x | ₹10.08 Billion |
| 2025 | 26.29% | 5.07% | 0.92x | 5.64x | ₹13.85 Billion |
Industry Comparison
This section compares TVS Motor Company Limited's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $39,884,634,116
- Average return on equity (ROE) among peers: -2.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TVS Motor Company Limited (TVSMOTOR) | ₹91.28 Billion | 20.55% | 4.69x | $9.25 Billion |
| Ather Energy Limited (ATHERENERG) | $2.25 Billion | -153.00% | 2.64x | $77.93K |
| Bajaj Auto Limited (BAJAJ-AUTO) | $101.67 Billion | 33.25% | 0.51x | $11.62 Billion |
| Eicher Motors Limited (EICHERMOT) | $70.57 Billion | 27.77% | 0.35x | $10.70 Billion |
| FORCE MOTORS LTD (FORCEMOT) | $11.43 Billion | 72.10% | 0.46x | $1.13 Billion |
| Hero MotoCorp Limited (HEROMOTOCO) | $65.59 Billion | 36.06% | 0.62x | $8.01 Billion |
| Hindustan Motors Limited (HINDMOTORS) | $994.18 Million | -47.47% | 3.79x | $32.40 Million |
| Maruti Suzuki India Limited (MARUTI) | $121.83 Billion | 21.54% | 0.39x | $17.54 Billion |
| Ola Electric Mobility Ltd (OLAELEC) | $19.71 Billion | -10.11% | 0.07x | $1.29 Billion |
| SML Isuzu Limited (SMLISUZU) | $965.28 Million | 4.96% | 3.82x | $114.46 Million |
| SML Mahindra Ltd. (SMLMAH) | $3.85 Billion | -5.47% | 1.38x | $455.63K |