TVS Holdings Ltd is an auto component manufacturing company. It manufactures aluminum pressure die castings for heavy commercial vehicles, passenger cars, and two-wheelers. The product range includes flywheel housing, gear housing, clutch housing, filter heads, air connectors, lube oil cooler cover assembly, filtration module casting, turbochargers, and others. TVS Holdings Limited (formerly Sundaram-Clayton Limited) is a registered Core Investment Company ('CIC') pursuant to the Certificate of Registration No. N-07-00904 dated 14th March, 2024 issued by the Reserve Bank of India ('RBI') under Section 45-IA of the Reserve Bank of India Act, 1934 and Master Direction - Core Investment Companies (Reserve Bank) Directions 2016 as amended ('RBI Master Directions') to carry on the business of Non-Banking Financial Companies (NBFCs) without accepting public deposits
The company operates through multiple business segments that provide diversified revenue streams. The company has the following reportable operating segments; Automotive components, Financial services, Automotive vehicles and parts, and others. Maximum revenue is generated from its Automotive vehicles and parts segment. This diversified business model has positioned TVS Holdings as a significant player in both the automotive manufacturing sector and financial services space.
TVS Holdings Limited (Formerly known as Sundaram Clayton Limited) is one of the largest auto components manufacturing and distribution groups in India. TVSH is a leading supplier of aluminum die castings to the automotive and non-automotive sectors. The company's manufacturing capabilities are well-established, with expertise in producing high-quality aluminum pressure die castings that serve various automotive applications across different vehicle categories.
TVS Holdings Limited maintains a strong market position with significant financial metrics that reflect its operational scale and market presence. TVS Holdings · Mkt Cap: 22,280 Crore (down -21.1% in 1 year) · Revenue: 44,993 Cr · Profit: 2,409 Cr · Stock is trading at 4.75 times its book value · Company might be capitalizing the interest cost · Promoter Holding: 74.4%
The company's financial performance demonstrates substantial revenue generation capabilities and profitability. On a consolidated basis, TVS Holdings Ltd reported a profit of Rs 272.17 crore on a total income of Rs 11,818.30 crore for the quarter ended 2025. For the year ended 2024, TVS Holdings Ltd had posted a profit of Rs 1,782.38 crore on a total income of Rs 40,247.58 crore.
Key financial highlights include:
- Market Cap: Rs 22,280 crore (as of latest available data)
- Revenue: Rs 44,993 crore (FY24)
- Profit: Rs 2,409 crore (FY24)
- Q1 FY25 Profit: Rs 272.17 crore on total income of Rs 11,818.30 crore
TVS Group is an Indian multinational conglomerate with its principal headquarters in Madurai and international headquarters in Chennai. It has more than 50 subsidiaries including the two-wheeler manufacturer TVS Motor Company and TVS Supply Chain Solutions. The group's subsidiaries are owned by three holding companies, viz., TVS & Sons, Sundaram Industries and TVS Holding Companies. TVS & Sons is the parent company of the group.
Taking us back to 1962, TVS Holdings Ltd has been a pioneering force in the auto parts sector. With a market capitalisation of ₹ 13,566 crores, this subsidiary stands as a testament to the TVS Group's dedication to delivering unparalleled quality in automotive components. The company's long-standing presence in the industry spans over six decades, establishing it as a trusted name in automotive component manufacturing.
TVS Holdings has been actively expanding its investment portfolio and subsidiary network. Post amalgamation of TVS Holdings Private Limited (TVSHPL) with the Company, as approved by the Honble NCLT, Chennai vide its order dated 6th March 2023, the subsidiaries of TVSHPL viz., Emerald Haven Realty Limited (EHRL) and its Subsidiaries / Associate became Subsidiaries / Associate of the Company effective 16th June 2023.During year 2023-24, the Company has acquired the additional stake in Emerald Haven Realty Limited (EHRL) on 30 June, 2023 (11.20%) and 5 January, 2024 (11.66%) aggregating to 22.86% from the existing shareholders of EHRL and the Company holds 89.26% of equity capital in EHRL as at 31st March 2024. Post 31st March 2024, the Company has acquired additional stake of 10.74% in Emerald Haven Realty Limited (EHRL), by way of purchase of 2,74,43,333 equity shares of Rs 10/- each from the existing shareholders viz., Sandwood Investments Limited on 3 May, 2024.
The company has also made strategic investments in financial services. TVS Holdings invests Rs.121.57 Cr in Home Credit, maintaining 81.04% stake to support growth. This investment strategy demonstrates the company's commitment to diversifying its business portfolio beyond traditional automotive manufacturing.
Geographically, the company derives its key revenue from the domestic markets and the rest through exports. The company's operational model focuses primarily on serving the domestic Indian market while maintaining export capabilities to international markets. This geographic diversification provides stability and growth opportunities across different market conditions.
The company's product portfolio spans across various automotive segments, catering to different vehicle categories and applications. The aluminum die casting capabilities position TVS Holdings as a critical supplier to major automotive manufacturers, both in commercial vehicles and passenger vehicle segments.
TVS Holdings to hold 63rd AGM on 22 Aug 2025 via video conferencing. Annual Secretarial Compliance Report confirms regulatory compliance for FY ended March 2025. The company maintains strong governance practices and regulatory compliance, as evidenced by its regular compliance reporting and shareholder meetings.
Promoter holding in TVS Holdings Ltd has gone up to 74.45 per cent as of Mar 2025 from 74.45 per cent as of Jun 2024. The stable promoter holding indicates strong management confidence and commitment to the company's long-term growth strategy.
TVS Holdings Limited represents a well-established player in India's automotive components sector with strong financial performance, diversified business operations, and strategic positioning within the larger TVS Group ecosystem. The company's transformation into a Core Investment Company while maintaining its manufacturing capabilities reflects its strategic evolution to capture opportunities across multiple sectors while leveraging its core automotive expertise.
