Automobile and Auto Components · NSE: TVSMOTOR
Intrynsic's multi-model valuation estimates TVS Motor Company Limited's fair value at ₹2,482 per share (range ₹802–₹2,884) against a market price of ₹4,091 - a gap of -39.3% (updated 29 September 2026). This is an estimated fair value based on stated assumptions, not investment advice.
Market price
₹4,091
close of 29 Sept 2026
Est. fair value
₹2,482
₹802–₹2,884
Gap
-39.3%
price vs estimate
Trading ~39% above our estimated fair-value range. Assumptions and per-model workings are below.
TVS Motor Company is one of India's largest two-wheeler makers, producing scooters, motorcycles and three-wheelers for India and export markets. Premium models and electric scooters are its growth areas.
Automobile and Auto Components · Automobiles
Over the last 3 years, revenue grew 20.6%/yr and profit grew 34.5%/yr.
Every ₹100 of shareholder money earned ₹33.3 in profit last year, vs a sector median of 12.7%.
Debt is 3.43x shareholder equity and 3.3x yearly operating earnings — a heavy load.
The market price is above our estimated fair-value range (based on stated assumptions).
About ₹0 of every ₹100 of reported profit turned into free cash (median, last 5 years); operating cash flow was positive in 2 of 5 years.
Intrynsic values TVS Motor Company Limited with 4 independent models and blends them into one estimated fair-value range. Every number below is an estimate based on the stated assumptions - change the assumptions and the estimate changes.
| Model | Estimated value | vs price | Weight |
|---|---|---|---|
| Forward DCF | ₹802 | -80% | - |
| EV/EBITDAIndustry Comparison Method | ₹2,884 | -29% | - |
| P/E MultipleEarnings Multiple Method | ₹2,269 | -45% | - |
| EV/EBITAfter-Depreciation Comparison Method | ₹2,482 | -39% | - |
Reverse DCF: today's market price implies the company must grow free cash flow about 60.0% a year for the next decade - versus 23.2% historical revenue growth.
| Revenue | ₹56,070 Cr | |
| Net profit | ₹3,186 Cr | |
| EPS | ₹63.53 | |
| Free cash flow | ₹-1,368 Cr | |
| ROE (latest) | 33.3% | |
| Revenue growth (CAGR) | 18.2% | |
| Profit growth (CAGR) | 22.6% |
Intrynsic's multi-model valuation estimates TVS Motor Company Limited's fair value at ₹2,482 per share (range ₹802–₹2,884), last updated 29 September 2026. This is an estimate based on stated assumptions, not investment advice.
TVS Motor Company Limited trades at ₹4,091 against Intrynsic's estimated fair value of ₹2,482 - the market price is 39% above the estimate, i.e. above our estimated fair-value range. Different assumptions produce different estimates; see the model breakdown above.
TVS Motor Company Limited trades at about 64.4 times its latest annual earnings per share.
TVS Motor Company is one of India's largest two-wheeler makers, producing scooters, motorcycles and three-wheelers for India and export markets. Premium models and electric scooters are its growth areas.
Intrynsic runs 4 valuation models for TVS Motor Company Limited (Forward DCF, EV/EBITDA, P/E Multiple, EV/EBIT) and blends them into one estimated fair-value range. Every assumption - growth, discount rate, terminal value - is shown openly on this page.
Disclaimer: Intrynsic provides educational and informational analysis only. Fair-value figures are estimates based on stated assumptions - they are not investment advice, research recommendations, or an offer to transact in any security. Intrynsic is not a SEBI-registered investment adviser or research analyst. Markets carry risk; please do your own research or consult a registered adviser before making investment decisions. Prices shown may be delayed end-of-day values. Terms · Privacy