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TVS MOTOR COMPANY
Quarterly Results Analysis [Dec2023]

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TVS MOTOR COMPANY Quarterly Results

Consolidated Dec2023
UnAudited
Sep2023
UnAudited
Jun2023
UnAudited
Mar2023
Audited
Dec2022
UnAudited
Sep2022
UnAudited
Jun2022
UnAudited
Mar2022
Audited
Revenues ₹10,114 Cr ₹9,933 Cr ₹9,056 Cr ₹8,031 Cr ₹8,066 Cr ₹8,561 Cr ₹7,316 Cr ₹6,585 Cr
Expenses ₹8,626 Cr ₹8,577 Cr ₹7,841 Cr ₹6,978 Cr ₹7,044 Cr ₹7,474 Cr ₹6,410 Cr ₹5,755 Cr
Operating Income ₹1,488 Cr ₹1,356 Cr ₹1,215 Cr ₹1,054 Cr ₹1,022 Cr ₹1,086 Cr ₹905 Cr ₹830 Cr
Other Income ₹12 Cr ₹51 Cr ₹87 Cr ₹67 Cr ₹9 Cr ₹30 Cr ₹32 Cr ₹14 Cr
Interest ₹494 Cr ₹483 Cr ₹437 Cr ₹398 Cr ₹339 Cr ₹338 Cr ₹292 Cr ₹263 Cr
Depreciation ₹242 Cr ₹237 Cr ₹227 Cr ₹232 Cr ₹216 Cr ₹212 Cr ₹199 Cr ₹207 Cr
Profit Before Tax ₹763 Cr ₹686 Cr ₹637 Cr ₹491 Cr ₹475 Cr ₹565 Cr ₹446 Cr ₹372 Cr
Profit After Tax ₹522 Cr ₹427 Cr ₹452 Cr ₹340 Cr ₹315 Cr ₹389 Cr ₹306 Cr ₹279 Cr
EPS ₹10.08 ₹8.13 ₹9.14 ₹7.07 ₹6.33 ₹8.13 ₹6.43 ₹5.84
Industry Peers & Returns1W1M1Y
TVS MOTOR COMPANY 2% -1.6% 94.5%
BAJAJ AUTO 3.6% 6.3% 128.7%
EICHER MOTORS 5.2% -0.4% 35.7%
HERO MOTOCORP 2.9% 3.4% 99.4%
WARDWIZARD INNOVATIONS & MOBILITY -2.9% -19.8% 23.7%
ATUL AUTO -0.7% -13.7% 46.7%

TVS MOTOR COMPANY Quarterly Revenues

Revenues
Q-o-Q

1.82 %

Y-o-Y

25.39 %

Quarters Revenues % Change
Dec2023 ₹10,114 Cr
1.82
Sep2023 ₹9,933 Cr
9.69
Jun2023 ₹9,056 Cr
12.75
Mar2023 ₹8,031 Cr
-0.43
Dec2022 ₹8,066 Cr
-5.78
Sep2022 ₹8,561 Cr
17.02
Jun2022 ₹7,316 Cr
11.09
Mar2022 ₹6,585 Cr -

TVS MOTOR COMPANY Quarterly Operating Profit

Operating Profit
Q-o-Q

9.74 %

Y-o-Y

45.61 %

Quarters Operating Profit % Change
Dec2023 ₹1,488 Cr
9.74
Sep2023 ₹1,356 Cr
11.63
Jun2023 ₹1,215 Cr
15.25
Mar2023 ₹1,054 Cr
3.13
Dec2022 ₹1,022 Cr
-5.93
Sep2022 ₹1,086 Cr
20.00
Jun2022 ₹905 Cr
9.05
Mar2022 ₹830 Cr -
Operating Margins
Q-o-Q

7.77 %

Y-o-Y

16.10 %

Quarters Operating Margin% % Change
Dec2023 14.71%
7.77
Sep2023 13.65%
1.79
Jun2023 13.41%
2.21
Mar2023 13.12%
3.55
Dec2022 12.67%
-0.16
Sep2022 12.69%
2.59
Jun2022 12.37%
-1.90
Mar2022 12.61% -

TVS MOTOR COMPANY Quarterly Profit After Tax

Profit After Tax(PAT)
Q-o-Q

22.46 %

Y-o-Y

66.03 %

Quarters Profit After Tax % Change
Dec2023 ₹522 Cr
22.46
Sep2023 ₹427 Cr
-5.66
Jun2023 ₹452 Cr
32.93
Mar2023 ₹340 Cr
8.12
Dec2022 ₹315 Cr
-19.14
Sep2022 ₹389 Cr
27.03
Jun2022 ₹306 Cr
9.67
Mar2022 ₹279 Cr -
PAT Margins
Q-o-Q

20.28 %

Y-o-Y

32.31 %

Quarters PAT Margin(%) % Change
Dec2023 5.16 %
20.28
Sep2023 4.29 %
-14.03
Jun2023 4.99 %
17.69
Mar2023 4.24 %
8.72
Dec2022 3.9 %
-14.29
Sep2022 4.55 %
8.59
Jun2022 4.19 %
-1.18
Mar2022 4.24 % -

TVS MOTOR COMPANY Quarterly Earnings Per Share (EPS)

EPS
Q-o-Q

23.99 %

Y-o-Y

59.24 %

Quarters EPS % Change
Dec2023 ₹10.08
23.99
Sep2023 ₹8.13
-11.05
Jun2023 ₹9.14
29.28
Mar2023 ₹7.07
11.69
Dec2022 ₹6.33
-22.14
Sep2022 ₹8.13
26.44
Jun2022 ₹6.43
10.10
Mar2022 ₹5.84 -

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