TVS Holdings Ltd
About
The TVS Group was established in 1911 by Shri. T V Sundaram Iyengar. As one of India's largest industrial entities it epitomizes Trust, Value and Service. TVS Holdings is an Indian automotive ancillaries company. The company was established in 1962 as Sundaram Clayton Ltd in collaboration with Clayton Dewandre Holdings Plc and it was manufacturing non-ferrous gravity and pressure die castings to automotive and non-automotive sector. Following the demerger, the name of the Company was changed to TVS Holdings Limited on July 17, 2023. Post the demerger, TVS Holdings is mainly into trading business of automotive components and investing activities.The Company received the Certificate of Registration dated 14 March, 2024 from the Reserve Bank of India and commenced Non-Banking Financial [NBFC] activity thereon. While TVS Group is known for automobiles, they have also stepped into other areas like real estate, electronics, and finance.
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Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 40635 19.4% | 34038 30.9% | 26010 27.6% | 20388 2.6% | 19872 -8.3% | 21664 22.6% | 17677 29.0% | 13708 9.5% | 12516 8.3% | 11553 23.1% | 9383 12.3% | 8358 -0.2% | 8377 10.4% | 7586 39.9% | 5424 21.0% | 4484 - |
| Net Operating Income (INR Cr) | 40248 19.57% | 33662 31.54% | 25591 26.07% | 20299 2.22% | 19859 -7.84% | 21548 23.05% | 17512 29.73% | 13498 8.30% | 12464 9.92% | 11340 21.36% | 9344 13.59% | 8226 -0.86% | 8297 12.39% | 7382 42.63% | 5176 17.83% | 4393 13.51% |
| Profit (INR Cr) | 800 23.2% | 650 47.4% | 441 36.2% | 324 -4.0% | 337 -22.0% | 432 27.8% | 338 2.4% | 330 13.1% | 292 37.6% | 212 50.2% | 141 -24.1% | 186 11.9% | 166 35.4% | 123 - | -44 - | -145 - |
| Assets (INR Cr) | 33224 6.3% | 31262 29.4% | 24154 36.3% | 17727 7.7% | 16460 17.2% | 14042 27.1% | 11045 142.7% | 4551 19.2% | 3817 15.0% | 3320 22.5% | 2710 -3.3% | 2803 0.6% | 2786 10.1% | 2531 6.0% | 2387 -11.1% | 2685 - |
| Net Worth (INR Cr) | 2840 -12.4% | 3241 -36.2% | 5079 74.9% | 2905 17.9% | 2463 -0.4% | 2474 15.0% | 2151 15.2% | 1867 22.6% | 1523 23.3% | 1235 19.0% | 1037 16.0% | 894 28.0% | 699 19.8% | 583 6.3% | 548 26.9% | 432 -27.6% |
| Employee Cost (INR Cr) | 3539 11.7% | 3169 36.0% | 2330 24.0% | 1879 6.7% | 1761 2.8% | 1713 22.0% | 1404 34.8% | 1042 11.1% | 938 11.4% | 842 21.0% | 696 15.0% | 606 8.4% | 559 10.5% | 506 26.4% | 400 17.5% | 341 - |
| Interest Cost (INR Cr) | 2043 | 1424 | 985 | 929 | 910 | 719 | 372 | 88 | 102 | 99 | 115 | 148 | 130 | 106 | 165 | 173 |
| Cash & Bank Balance (INR Cr) | 3170 | 3929 | 3934 | 1706 | 1160 | 210 | 175 | 53 | 57 | 30 | 104 | 82 | 144 | 124 | 158 | 83 |
| Total Debt (INR Cr) | 26232 | 22870 | 16593 | 12853 | 12314 | 10022 | 7593 | 1665 | 1461 | 1497 | 1090 | 1482 | 1679 | 1498 | 1536 | 1930 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 2.0% | 1.9% | 1.7% | 1.6% | 1.7% | 2.0% | 1.9% | 2.4% | 2.3% | 1.8% | 1.5% | 2.2% | 2.0% | 1.6% | - | - |
| Profit As % Of Assets | 2.4% | 2.1% | 1.8% | 1.8% | 2.1% | 3.1% | 3.1% | 7.3% | 7.7% | 6.4% | 5.2% | 6.6% | 6.0% | 4.9% | - | - |
| Profit As % Of Networth | 28.2% | 20.0% | 8.7% | 11.1% | 13.7% | 17.5% | 15.7% | 17.7% | 19.2% | 17.2% | 13.6% | 20.8% | 23.8% | 21.1% | - | - |
| Interest Cost to EBITDA % | 35.1% | 33.3% | 33.6% | 39.3% | 38.8% | 30.7% | 24.6% | 8.8% | 10.7% | 13.8% | 19.9% | 28.3% | 23.2% | 23.8% | 342.3% | 464.0% |
| Debt to Equity Ratio | 9.24 | 7.06 | 3.27 | 4.43 | 5.00 | 4.05 | 3.53 | 0.89 | 0.96 | 1.21 | 1.05 | 1.66 | 2.40 | 2.57 | 2.80 | 4.47 |
| RONW | 58.6% | 32.1% | 20.7% | 22.1% | 25.4% | 32.4% | 31.3% | 32.3% | 34.3% | 26.2% | 14.8% | 10.6% | 15.7% | 12.7% | - | - |
| ROCE | 16.8% | 13.6% | 11.4% | 11.5% | 12.7% | 16.3% | 18.0% | 23.9% | 25.3% | 20.4% | 15.6% | 11.5% | 14.6% | 11.4% | 0.0% | 0.0% |