TVS Srichakra | Tijori Finance

TVS Srichakra Limited

Market Capital

₹ 719 Cr.

P/E

9.49

Share Price

₹929.40 20.85 (2.29%)

TVS Srichakra Limited
Overview
Connections
Financials
Shareholding
Knowledge Base
Auto Sector

Market Share
Revenue Mix
Operational Metrics

Competitors
Investors
Suppliers
Customers

Price
Benchmarking
Balance Sheet
Profit & Loss
Cash Flows
Ratios
Quarterly Results

Overview
Trend
Detailed

Recent News
Annual Reports

Market Share

45%

Tyres for Two Wheeler OEM’s - Market Share

Source

Revenue Mix

Product Break-Up

Source

Domestic Vs Export

Source

About

TVS Shrichakra is part of the TVS Group and is a leading manufacturer of 2/3 tyres, tubes, Flaps, rubberised textile fabric and is one of the largest manufacturers of Industrial Pneumatic Tyres, Farm & Implement Tyres, Skid Steer Tyres, Multipurpose and Vintage Tyres.
TVS Srichakra LTD has two manufacturing plants and a network of over 3,000 dealers across the country. The company is a major supplier to Honda Motor Scooters India (HMSI), TVS Motors, Hero MotoCorp, Bajaj Auto and Yamaha.

Source

Operational Metrics for TVS Srichakra

0.15% (as of Mar 19)

Change in PAT with 1% Appreciation in FX Basket

Source

0.64% (as of Mar 19)

Management Compensation as a % of Sales

Source

Auto Ancillary

1.24% (as of Mar 19)

R&D as a % of Total Sales

Source

Compare with Competitors

Competitors

- Auto Ancillary

Peer Name	Market Cap.
TVS Srichakra Limited	719
Wheels India Limited	792
JBM Auto Limited	642
Pricol Limited	863
Sona Koyo Steering Systems Limited	918
Lumax Industries Limited	927
Rane Brake Lining Limited	504
Force Motors Limited	1,007
Andrew Yule & Company Limited	423
Lumax Auto Technologies	370
Rico Auto Industries Limited	272
Harita Seating Systems Limited	265
Scooters India Limited	250
Jay Bharat Maruti Limited	228
SML ISUZU LIMITED	1,230
PPAP Automotive Limited	193
Rajratan Global Wire Limited	193
Steel Strips Wheels Limited	1,247
Menon Bearings Limited	171
Hindustan Composites Limited	163
Sar Auto Products Limited	162
Roto Pumps Limited	125
Bharat Gears Limited	114
Pritika Auto Industries Limited	108
Competent Automobiles Company Ltd.	100
Majestic Auto Limited	63
Him Teknoforge Ltd.	59
Elgi Rubber Company Limited	56
JMT Auto Limited	50
Simmonds Marshall Limited	24
Jullundur Motor Agency	0
Raymond Limited	1,535
Elgi Equipments Limited	1,639
Varroc Engineering Limited	1,730
Swaraj Engines Limited	1,734
Suprajit Engineering Limited	1,743
Grindwell Norton Limited	5,109
Tube Investments Of India Limited	5,265
Sundram Fasteners Limited	5,283
Minda Industries Limited	5,979
WABCO India Limited	11,915
TVS Motor Company Limited	12,621
Balkrishna Industries Limited	15,916
MRF Limited	24,557
Bosch Limited	27,128
Hero MotoCorp Limited	35,374
Eicher Motors	35,401
Mahindra & Mahindra Limited	39,964
Maruti Suzuki India Limited	137,434

Auto Ancillary

Wheels India Limited

Market Cap: ₹792 Cr.

Percentage Revenue: %

Auto Ancillary

JBM Auto Limited

Market Cap: ₹642 Cr.

Percentage Revenue: 94%

Auto Ancillary

Pricol Limited

Market Cap: ₹863 Cr.

Percentage Revenue: %

Auto Ancillary

Sona Koyo Steering Systems Limited

Market Cap: ₹918 Cr.

Percentage Revenue: %

Auto Ancillary

Lumax Industries Limited

Market Cap: ₹927 Cr.

Percentage Revenue: %

Auto Ancillary

Rane Brake Lining Limited

Market Cap: ₹504 Cr.

Percentage Revenue: %

Auto Ancillary

Force Motors Limited

Market Cap: ₹1,007 Cr.

Percentage Revenue: 37%

Auto Ancillary

Andrew Yule & Company Limited

Market Cap: ₹423 Cr.

Percentage Revenue: 1.53%

Auto Ancillary

Lumax Auto Technologies

Market Cap: ₹370 Cr.

Percentage Revenue: %

Auto Ancillary

Rico Auto Industries Limited

Market Cap: ₹272 Cr.

Percentage Revenue: %

Auto Ancillary

Harita Seating Systems Limited

Market Cap: ₹265 Cr.

Percentage Revenue: %

Auto Ancillary

Scooters India Limited

Market Cap: ₹250 Cr.

Percentage Revenue: %

Auto Ancillary

Scooters India Limited

Market Cap: ₹250 Cr.

Percentage Revenue: 2.91%

Auto Ancillary

Jay Bharat Maruti Limited

Market Cap: ₹228 Cr.

Percentage Revenue: %

Auto Ancillary

SML ISUZU LIMITED

Market Cap: ₹1,230 Cr.

Percentage Revenue: %

Auto Ancillary

PPAP Automotive Limited

Market Cap: ₹193 Cr.

Percentage Revenue: 94.56%

Auto Ancillary

Rajratan Global Wire Limited

Market Cap: ₹193 Cr.

Percentage Revenue: %

Auto Ancillary

Steel Strips Wheels Limited

Market Cap: ₹1,247 Cr.

Percentage Revenue: %

Auto Ancillary

Menon Bearings Limited

Market Cap: ₹171 Cr.

Percentage Revenue: %

Auto Ancillary

Hindustan Composites Limited

Market Cap: ₹163 Cr.

Percentage Revenue: %

Auto Ancillary

Sar Auto Products Limited

Market Cap: ₹162 Cr.

Percentage Revenue: 100%

Auto Ancillary

Roto Pumps Limited

Market Cap: ₹125 Cr.

Percentage Revenue: 51.22%

Auto Ancillary

Bharat Gears Limited

Market Cap: ₹114 Cr.

Percentage Revenue: 6%

Auto Ancillary

Pritika Auto Industries Limited

Market Cap: ₹108 Cr.

Percentage Revenue: 54%

Auto Ancillary

Competent Automobiles Company Ltd.

Market Cap: ₹100 Cr.

Percentage Revenue: 88.78%

Auto Ancillary

Majestic Auto Limited

Market Cap: ₹63 Cr.

Percentage Revenue: 29.59%

Auto Ancillary

Him Teknoforge Ltd.

Market Cap: ₹59 Cr.

Percentage Revenue: 51.16%

Auto Ancillary

Elgi Rubber Company Limited

Market Cap: ₹56 Cr.

Percentage Revenue: %

Auto Ancillary

JMT Auto Limited

Market Cap: ₹50 Cr.

Percentage Revenue: %

Auto Ancillary

JMT Auto Limited

Market Cap: ₹50 Cr.

Percentage Revenue: 100%

Auto Ancillary

Simmonds Marshall Limited

Market Cap: ₹24 Cr.

Percentage Revenue: %

Auto Ancillary

Jullundur Motor Agency

Market Cap: ₹0 Cr.

Percentage Revenue: %

Auto Ancillary

Jullundur Motor Agency

Market Cap: ₹0 Cr.

Percentage Revenue: 100%

Auto Ancillary

Raymond Limited

Market Cap: ₹1,535 Cr.

Percentage Revenue: 3.93%

Auto Ancillary

Elgi Equipments Limited

Market Cap: ₹1,639 Cr.

Percentage Revenue: 10.18%

Auto Ancillary

Varroc Engineering Limited

Market Cap: ₹1,730 Cr.

Percentage Revenue: %

Auto Ancillary

Swaraj Engines Limited

Market Cap: ₹1,734 Cr.

Percentage Revenue: %

Auto Ancillary

Swaraj Engines Limited

Market Cap: ₹1,734 Cr.

Percentage Revenue: 2.26%

Auto Ancillary

Suprajit Engineering Limited

Market Cap: ₹1,743 Cr.

Percentage Revenue: %

Auto Ancillary

Grindwell Norton Limited

Market Cap: ₹5,109 Cr.

Percentage Revenue: 2%

Auto Ancillary

Grindwell Norton Limited

Market Cap: ₹5,109 Cr.

Percentage Revenue: 24%

Auto Ancillary

Tube Investments Of India Limited

Market Cap: ₹5,265 Cr.

Percentage Revenue: %

Auto Ancillary

Sundram Fasteners Limited

Market Cap: ₹5,283 Cr.

Percentage Revenue: 55%

Auto Ancillary

Minda Industries Limited

Market Cap: ₹5,979 Cr.

Percentage Revenue: %

Auto Ancillary

Minda Industries Limited

Market Cap: ₹5,979 Cr.

Percentage Revenue: 7.3%

Auto Ancillary

Minda Industries Limited

Market Cap: ₹5,979 Cr.

Percentage Revenue: 13.4%

Auto Ancillary

WABCO India Limited

Market Cap: ₹11,915 Cr.

Percentage Revenue: %

Auto Ancillary

WABCO India Limited

Market Cap: ₹11,915 Cr.

Percentage Revenue: 10.44%

Auto Ancillary

TVS Motor Company Limited

Market Cap: ₹12,621 Cr.

Percentage Revenue: %

Auto Ancillary

TVS Motor Company Limited

Market Cap: ₹12,621 Cr.

Percentage Revenue: 8.43%

Auto Ancillary

Balkrishna Industries Limited

Market Cap: ₹15,916 Cr.

Percentage Revenue: %

Auto Ancillary

MRF Limited

Market Cap: ₹24,557 Cr.

Percentage Revenue: %

Auto Ancillary

Bosch Limited

Market Cap: ₹27,128 Cr.

Percentage Revenue: 84%

Auto Ancillary

Hero MotoCorp Limited

Market Cap: ₹35,374 Cr.

Percentage Revenue: 8.66%

Auto Ancillary

Eicher Motors

Market Cap: ₹35,401 Cr.

Percentage Revenue: 6.2%

Auto Ancillary

Mahindra & Mahindra Limited

Market Cap: ₹39,964 Cr.

Percentage Revenue: %

Auto Ancillary

Maruti Suzuki India Limited

Market Cap: ₹137,434 Cr.

Percentage Revenue: 9.61%

- Tyres

Peer Name	Market Cap.
TVS Srichakra Limited	719
JK Tyre & Industries Limited	1,001
Kesoram Industries Limited	308
Rajratan Global Wire Limited	193
Indag Rubber Limited	128
Elgi Rubber Company Limited	56
Goodyear India Limited	2,191
Ceat Limited	2,936
Apollo Tyres Limited	4,774
Balkrishna Industries Limited	15,916
MRF Limited	24,557

Investors

4.4%

Gagandeep Credit Capital Limited(8)

Prominent Investor - Anuj Sheth

Also invests in	Share %
Bannari Amman Sugars Limited	5.5
Elgi Equipments Limited	5.2
TVS Srichakra Limited	4.4
Essel Propack Limited	2.3
JSW Steel Limited	2
Tube Investments Of India Limited	1.9
Lakshmi Machine Works Limited	1.5
TI Financial Holdings Limited	1.3
Finolex Industries Limited	1.2

27.8%

T V Sundram Iyengar & Sons(2)

Is a Director at Kohinoor Foods

Also invests in	Share %
TVS Srichakra Limited	27.8
Sundram Fasteners Limited	25.4
Sundaram-Clayton Limited	18.9

9.8%

Sundaram Industries(1)

Also invests in	Share %
Sundaram-Clayton Limited	30
TVS Srichakra Limited	9.8

L & T Mutual Fund(4)

Also invests in	Share %
TVS Srichakra Limited	5
Triveni Turbine Limited	3.3
Rane Holdings Limited	3
Savita Oil Technologies Limited	2.7
Shoppers Stop Limited	1.9

3.8%

Ms Shobhana Ramachandhran

1.9%

Mr R Naresh

1.6%

Nitya Kalyanee Investment

1.5%

Nilesh Kishor Shah(1)

Also invests in	Share %
Bannari Amman Spinning Mills Limited	1.6
TVS Srichakra Limited	1.5

0.6%

Mr R Haresh (On Behalf Of Sundaram Trust)

0.15%

Margin Trading Account Corporate

0.01%

Mr R Haresh

Mr R Dinesh

Suppliers

Phillips Carbon Black Limited (9)

Also Supplies to
Michelin
Ceat Limited
Goodyear India Limited
Yokohama
Bridgestone
TVS Srichakra Limited
Continental AG
JK Tyre & Industries Limited
Nexen Tyres
MRF Limited

NOCIL Limited (7)

Also Supplies to
TVS Srichakra Limited
Apollo Tyres Limited
Balkrishna Industries Limited
Michelin
Ceat Limited
JK Tyre & Industries Limited
Bridgestone
MRF Limited

Sah Petroleums Limited (16)

Also Supplies to
Piramal Enterprises Limited
Crompton Greaves Consumer Electricals Ltd.
Simplex Infrastructures Limited
Gabriel India Limited
JK Tyre & Industries Limited
TVS Srichakra Limited
Bridgestone
Tata Steel Limited
Eicher Motors
Bajaj Auto Limited
Hero MotoCorp Limited
Godrej Industries
Mahindra & Mahindra Limited
Bharat Gears Limited
IFB Industries Limited
Everest Industries Limited
Escorts Limited

Rajratan Global Wire Limited (9)

Also Supplies to
TVS Srichakra Limited
Suprajit Engineering Limited
MRF Limited
JK Tyre & Industries Limited
Goodyear India Limited
Ceat Limited
Bridgestone
Balkrishna Industries Limited
Kesoram Industries Limited
Apollo Tyres Limited

Customers

Piaggio

Honda Motorcycle and Scooter India (HMSI)

Yamaha

Bajaj Auto Limited

Mahindra & Mahindra Limited

Hero MotoCorp Limited

TVS Motor Company Limited

Atul Auto Limited

LML Limited

Source

Price

929.40 20.85 (2.29%)

Benchmarking

1650

Balance Sheet

Standalone
Consolidated
View Detailed

(in Rs. Cr.)		Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019

(in Rs. Cr.)		Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019

(in Rs. Cr.)		Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019

(in Rs. Cr.)		Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019

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Profit & Loss

Standalone
Consolidated
View Detailed

(in Rs. Cr.)		Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019

(in Rs. Cr.)		Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019

(in Rs. Cr.)		Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019

(in Rs. Cr.)		Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019

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Cash Flow

Standalone
Consolidated
View Detailed

(in Rs. Cr.)		Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019

(in Rs. Cr.)		Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019