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Jefferies lifts TVS Motor target to Rs 5,425 on demand and margin gains

Jefferies raised TVS Motor’s target price to Rs 5,425, citing strong Indian and export two-wheeler demand, EV progress and improving margins. June-quarter profit rose 51%, while subsidiary losses remain concentrated in Norton and TVS EBike investments.

Newer report , , Business Today : TVS Motor to lift monthly EV capacity above 50,000 units as scooter demand surges

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07:30 IST · 10 moves · what each means · free

Reported figures

From the report. Source details below

Jefferies target price raised to Rs 5,425 from Rs 4,900
Q1 FY27 net profit rose 51.3% YoY to Rs 1,174 crore
Q1 FY27 revenue rose 37.8% YoY to Rs 13,896 crore
Q1 FY27 EBITDA rose 41.2% YoY to Rs 1,780 crore
EBITDA margin improved to 12.8% from 12.5%
FY26 FCF estimated at Rs 9.5 billion
Shares gained 17.12% YTD and 34% over 12 months
Stock closed at Rs 4,356.80, down 0.66%

Also in the report

  • Average standalone FCF rose from Rs 0.7 billion in FY11-23 to Rs 7.3 billion in FY24-26
  • Subsidiary investments grew at 29% CAGR over five years

The source

Source Read the source at NDTV Profit Published

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