TVSSRICHAK
Auto Tyres & Rubber ProductsTVS Srichakra Ltd.
TVS Srichakra Limited is an Indian manufacturer of two-wheeler and three-wheeler tires and other rubber products. It was founded in 1982 by TV Sundaram Iyengar and Sons Limited (TVS Group). The company has its manufacturing plants in India and has a strong presence in both domestic and international markets.
Over the years, TVS Srichakra has expanded its product portfolio to cater to the growing demand for high-quality tires. The company has also increased its focus on research and development to improve its products and stay ahead of the competition.
As of 2021, TVS Srichakra reported a revenue of INR 8,053 crore and a net profit of INR 442 crore. The major product mix of the company by revenue includes two-wheeler tires, three-wheeler tires, and other rubber products. The company has a strong customer base in India and exports to over 50 countries.
The major growth drivers for the company in the future include the increasing demand for two-wheelers and three-wheelers in emerging markets, increasing urbanization, and the growth of the automobile industry. The company is also focused on expanding its presence in international markets to tap into new opportunities.
The tire industry in India is highly competitive, with several players operating in the market. Some of the direct competitors of TVS Srichakra include MRF, Apollo Tyres, and Bridgestone India.
- Trades at a P/E of 28, with a return on equity (ROE) of 10.7%.
- TVSSRICHAK is trading above 3 of 5 of its key moving averages (10/20/50/100/200-DMA) — a bullish technical setup.
- Year-to-date it is up 24.06%, and up 22.47% over the past year.
- At ₹5,146.00 it sits about 79% of the way up its 52-week range (₹2,889.20–₹5,760.00).
- Offers a dividend yield of 0.77%.
- Market capitalisation stands at ₹3,938 Cr.
Shareholding data syncs daily.
| Year | Revenue | Net Profit | EPS | NPM |
|---|---|---|---|---|
| Mar 2023 | ₹2,865 Cr | ₹70 Cr | ₹91.58 | 2.44% |
| Mar 2022 | ₹2,447 Cr | ₹42 Cr | ₹54.29 | 1.72% |
| Mar 2021 | ₹1,939 Cr | ₹74 Cr | ₹96.54 | 3.82% |
| Mar 2021 | ₹1,939 Cr | ₹74 Cr | ₹96.54 | 3.82% |
| Mar 2020 | ₹2,104 Cr | ₹82 Cr | ₹107.53 | 3.9% |
| Mar 2020 | ₹2,104 Cr | ₹82 Cr | ₹107.53 | 3.9% |
| Mar 2019 | ₹2,431 Cr | ₹103 Cr | ₹134.39 | 4.24% |
| Mar 2019 | ₹2,431 Cr | ₹103 Cr | ₹134.39 | 4.24% |
| Mar 2018 | ₹2,152 Cr | ₹116 Cr | ₹151.62 | 5.39% |
| Mar 2017 | ₹1,961 Cr | ₹148 Cr | ₹192.72 | 7.55% |
| Mar 2016 | ₹2,185 Cr | ₹186 Cr | ₹223.92 | 8.51% |
| Mar 2015 | ₹2,176 Cr | ₹100 Cr | ₹123.19 | 4.6% |
| Company | P/E | Book Value | Sales Growth |
|---|---|---|---|
| MRF MRF LTD. | 28.89 | ₹26,184.00 | -7.31% |
| BALKRISIND BALKRISHNA INDUSTRIES LTD. | 26.71 | ₹259.54 | 17.66% |
| GRPLTD GRP LTD. | 13.34 | ₹1,021.00 | 4.27% |
| HARRMALAYA HARRISONS MALAYALAM LTD. | 0 | ₹38.53 | 7.45% |
| APOLLOTYRE APOLLO TYRES LTD. | 17.11 | ₹133.78 | 12.15% |
| CEATLTD CEAT LTD. | 12.15 | ₹706.73 | 7.82% |
| GOODYEAR GOODYEAR INDIA LTD. | 21.1 | ₹403.00 | — |
| JKTYRE JK TYRE & INDUSTRIES LTD. | 6.96 | ₹87.68 | 9.33% |
| Date | Client | Type | Qty | Price |
|---|---|---|---|---|
| 21 Jan 2010 | NANDKISHORE & CO | SALE | 1,10,000 | ₹205.50 |
| 25 Apr 2008 | NEHAL VINOD SHAH | PURCHASE | 65,715 | ₹108.47 |
| 23 Jan 2008 | GAGANDEEP CREDIT CAPITAL PVT. LTD | PURCHASE | 2,97,120 | ₹120.00 |
| 23 Jan 2008 | PRESCIENT SECURITIES PVT. LTD | SALE | 2,97,120 | ₹120.00 |
| 29 Mar 2007 | SHIVANI TRIVEDI | SALE | 38,339 | ₹85.25 |
| 04 Dec 2006 | GANDIV INVESTMENT PVT LTD | SALE | 97,718 | ₹126.50 |
| 29 Aug 2006 | YOGESHKUMAR MAHANSARIA | PURCHASE | 58,542 | ₹105.02 |
| 28 Aug 2006 | YOGESHKUMAR MAHANSARIA | PURCHASE | 48,259 | ₹103.62 |
| 25 Aug 2006 | HSBC FINANCIAL SERVICES M | SALE | 1,01,564 | ₹100.80 |
| 25 Aug 2006 | YOGESH AGENCIES AND INVES | PURCHASE | 1,97,773 | ₹101.21 |
| 24 Aug 2006 | YOGESH AGENCIES AND INVES | PURCHASE | 67,000 | ₹92.55 |
| 20 Apr 2006 | GIRISH B SHAH | PURCHASE | 40,997 | ₹77.35 |
Fundamentals, financials & technicals sourced from niftytrader.in, cached and refreshed periodically.