Lucas - TVS Ltd
Fortune 500 2024
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OVERVIEW
FINANCIALS
About
Lucas TVS Limited was established in 1962 as a joint venture between Lucas Plc., UK and the TVS Group from India. Lucas TVS is one of the country’s leading manufacturers of mechatronic components for the automotive, electric vehicle, industrial and consumer sectors. The company is headquartered in Chennai, Tamil Nadu and operates seven manufacturing plants nationwide. These plants are supported by a global network of sales and sourcing offices in the USA, China, South Korea, Japan and Germany. Over 75% of the company’s sales turnover comes from in-house products that are newly developed in the R&D centres. Lucas TVS has a prominent client base which includes renowned brands like Kawasaki, Yamaha, Suzuki and Renault among others.
Incorporation Year: 1961
Headquarters: Chennai, Tamil Nadu
Top Management: The TVS Group
Industry: Automobiles
Website: www.lucas-tvs.com
Featured In Fortune India Ranking
Fortune 500 India
#446(2024)
#457(2011)
#476(2010)
#446(2024)#457(2011)#476(2010)
Ranking Trend Fortune 500 India
Next 500 India
#7(2016)#23(2015)
#7(2016)#23(2015)
Ranking Trend Fortune Next 500 India
Financial Data 2024
Revenue
4,686
(INR Cr)
Net Operating Income
4,571
(INR Cr)
Assets
2,244
(INR Cr)
Profit
150
(INR Cr)
Net Worth
1,767
(INR Cr)
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 4686 9.2% | 4291 43.3% | 2995 35.5% | 2210 -12.1% | 2513 -13.8% | 2915 10.2% | 2645 14.5% | 2311 6.6% | 2169 32.9% | 1633 -12.6% | 1867 4.9% | 1780 19.6% | 1488 35.1% | 1102 28.6% | 857 - |
| Net Operating Income (INR Cr) | 4571 9.30% | 4182 42.25% | 2940 35.17% | 2175 -8.81% | 2385 -17.36% | 2886 10.92% | 2602 0.00% | 2280 6.49% | 2141 0.00% | 1609 -5.48% | 1703 -0.85% | 1717 18.91% | 1444 35.10% | 1069 26.63% | 844 -11.91% |
| Profit (INR Cr) | 150 20.9% | 124 12.4% | 110 57.7% | 70 -63.9% | 194 40.6% | 138 4.0% | 133 198.5% | 44 -1.3% | 45 28.4% | 35 -37.1% | 56 -32.4% | 82 8.9% | 76 39.6% | 54 152.8% | 21 - |
| Assets (INR Cr) | 2244 10.2% | 2036 11.2% | 1830 19.0% | 1538 4.5% | 1472 12.1% | 1313 2.3% | 1284 15.4% | 1113 -2.3% | 1139 18.6% | 961 3.4% | 929 10.0% | 845 14.0% | 741 22.6% | 604 6.8% | 566 - |
| Net Worth (INR Cr) | 1767 9.8% | 1610 2.9% | 1564 4.7% | 1494 5.1% | 1422 12.9% | 1259 12.0% | 1124 0.0% | 899 2.8% | 875 0.0% | 648 3.8% | 625 5.8% | 591 10.9% | 533 10.9% | 480 8.2% | 444 2.6% |
| Employee Cost (INR Cr) | 496 12.3% | 442 43.9% | 307 14.5% | 268 -9.3% | 296 -3.6% | 307 9.2% | 281 -2.1% | 287 9.0% | 263 39.2% | 189 -0.9% | 191 7.9% | 177 16.9% | 151 27.3% | 119 8.5% | 110 - |
| Interest Cost (INR Cr) | 18 | 6 | 3 | 3 | 3 | 5 | 9 | 21 | 33 | 31 | 31 | 24 | 12 | 8 | 10 |
| Cash & Bank Balance (INR Cr) | 67 | 79 | 71 | 83 | 39 | 5 | 4 | 15 | 32 | 3 | 8 | 4 | 7 | 4 | 24 |
| Total Debt (INR Cr) | 288 | 166 | 28 | 32 | 36 | 46 | 152 | 203 | 254 | 307 | 299 | 249 | 209 | 124 | 122 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 3.2% | 2.9% | 3.7% | 3.2% | 7.7% | 4.7% | 5.0% | 1.9% | 2.1% | 2.2% | 3.0% | 4.6% | 5.1% | 4.9% | 2.5% |
| Profit As % Of Assets | 6.7% | 6.1% | 6.0% | 4.6% | 13.2% | 10.5% | 10.3% | 4.0% | 4.0% | 3.7% | 6.0% | 9.8% | 10.2% | 9.0% | 3.8% |
| Profit As % Of Networth | 8.5% | 7.7% | 7.1% | 4.7% | 13.7% | 11.0% | 11.8% | 4.9% | 5.2% | 5.4% | 8.9% | 14.0% | 14.2% | 11.3% | 4.8% |
| Interest Cost to EBITDA % | 7.3% | 3.4% | 1.8% | 2.3% | 2.4% | 3.2% | 6.2% | 17.8% | 30.4% | 37.2% | - | 19.1% | 10.4% | 8.2% | 20.6% |
| Debt to Equity Ratio | 0.16 | 0.10 | 0.02 | 0.02 | 0.03 | 0.04 | 0.14 | 0.23 | 0.29 | 0.47 | 0.48 | 0.42 | 0.39 | 0.26 | 0.28 |
| RONW | 11.2% | 9.8% | 7.2% | 3.5% | 6.9% | 8.0% | 7.8% | 5.2% | 5.1% | 5.5% | 9.2% | 12.7% | 15.0% | 11.7% | 4.9% |
| ROCE | 14.6% | 12.2% | 10.3% | 6.0% | 7.6% | 10.6% | 9.4% | 6.6% | 7.7% | 6.9% | 10.8% | 14.2% | 15.3% | 13.5% | 6.9% |