TVS Motor Valuation Multiples

TVS Motor Overview

About TVS Motor

TVS Motor Co Ltd is an Indian automobile manufacturing company focused on the production of two-wheeled vehicles. The company principally manufactures motorcycles, scooters, mopeds, three-wheelers, and related spare parts and accessories. The company's reportable segments are Automotive vehicles and parts, Automotive Components, Financial Services, and Others. The company generates a majority of its revenue from the Automotive vehicles and parts segment. Geographically, the company derives its key revenue from India and the rest from other countries through exports.

Founded

1992

HQ

Employees

6.5K

Website

tvsmotor.com

Sectors

AutomakersAutomotive Parts

Financials (LTM)

Revenue: $5B

EBITDA: $638M

EV

$23B

Valuation Multiples

Multiples.vc

Start free trial

TVS Motor Financials

TVS Motor reported last 12-month revenue of $5B and EBITDA of $638M.

In the same LTM period, TVS Motor generated $1B in gross profit, $638M in EBITDA, and $395M in net income.

TVS Motor P&L

In the most recent fiscal year, TVS Motor reported revenue of $4B and EBITDA of $715M.

TVS Motor expects next 12-month revenue of XXX and NTM EBITDA of XXX

TVS Motor Stock Performance

TVS Motor has current market cap of $20B, and enterprise value of $23B.

TVS Motor's stock price is $42.39.

TVS Motor Valuation Multiples

TVS Motor trades at 4.6x EV/Revenue multiple, and 35.9x EV/EBITDA.

TVS Motor Financial Valuation Multiples

As of April 5, 2026, TVS Motor has market cap of $20B and EV of $23B.

Equity research analysts estimate TVS Motor's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

TVS Motor has a P/E ratio of 51.0x.

TVS Motor Margins & Growth Rates

TVS Motor's revenue in the last 12 month grew by 14%.

TVS Motor's revenue per employee in the last FY averaged $0.7M, while opex per employee averaged $0.2M for the same period.

TVS Motor's rule of 40 is 30% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

TVS Motor's rule of X is 55% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

TVS Motor Public Comps

See public comps and valuation multiples for other Automakers and Automotive Parts comps.

TVS Motor M&A Activity

TVS Motor acquired XXX companies to date.

Last acquisition by TVS Motor was on XXXXXXXX, XXXXX. TVS Motor acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

TVS Motor Investment Activity

TVS Motor invested in XXX companies to date.

TVS Motor made its latest investment on XXXXXXXX, XXXXX. TVS Motor invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).