TVS Holdings stock is in focus after the Majority holder with a 63.80 percent stake has proposed to acquire more shares in the Company from the minority promoter shareholder.
Share Price Movement
With a market capitalization of Rs. 18,700 Crore, the stock of TVS Holdings opened at Rs. 9,319, down 1 percent from yesterday’s close, and after opening, the Stock has remained flat with no major changes in its price. Additionally, the 1-year return for the stock is 6.21 percent.
Stake Purchase Update
VS Trust (Mr Venu Srinivasan, Trustee), one of the members of the promoters of TVS Holdings, has proposed to acquire 5,56,375 Equity shares or 2.75 percent of the equity share capital of TVS Holdings from Sundaram Finance Holdings Limited another member of the promoter.
The Acquirer, VS Trust, holds 1,29,08,290 shares or 63.80 percent of the total company, and the Seller, Sundaram Finance holdings, holds 13,12,057 shares or 6.49 percent of the company. After the transaction is complete, the Acquirer will have increased their shareholding to 66.55 percent and the Seller will be left with 3.74 percent.
Also read: Why Did Bajaj Finserv Shares Fall 6% Despite Posting Strong Q4 Results? Here’s Why
Financial Highlights
The company reported a 17.70 percent YoY increase in revenue from Rs. 10,025 Crore in Q4FY24 to Rs. 11,800 Crore in Q4FY25. On a QoQ basis, the company reported an increase of 3.88 percent in revenue from Rs. 11,359 Crore in the previous quarter.
Their Net profit saw an increase of 38.79 percent YoY from Rs. 464 Crore to Rs. 644 Crore for the same period. On a QoQ basis, the company reported a decrease of 5.98 percent in Net profit from Rs. 685 Crore in the previous quarter.
About the Company
TVS Holdings is the holding and investment company of the TVS Group’s automotive businesses, particularly TVS Motor Company, which is India’s third-largest two-wheeler manufacturer. Based in Chennai, TVS Holdings serves as the parent entity that holds significant stakes in TVS Motor as well as other component manufacturing arms like Brakes India and Wheels India.
Written By Abhishek Das
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