{"id":178315,"date":"2026-01-29T05:18:28","date_gmt":"2026-01-29T10:18:28","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=178315"},"modified":"2026-01-29T05:18:30","modified_gmt":"2026-01-29T10:18:30","slug":"tvs-holdings-q3-fy26-earnings-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/tvs-holdings-q3-fy26-earnings-results\/","title":{"rendered":"TVS Holdings Q3 FY26 Earnings Results"},"content":{"rendered":"\n<p>TVS Holdings (Erstwhile known as Sundaram Clayton Ltd) was incorporated in Chennai in 1962 and is part of the TVS group, led by Mr. Venu Srinivasan. It is engaged in the business of manufacturing and distributing aluminum die castings.\u00a0Sundaram Clayton manufactures non-ferrous gravity and pressure die castings.<\/p>\n\n\n\n<div style=\"height:35px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Q3 FY26 Earnings Results<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Revenue from Operations: Consolidated \u20b915,276 cr, +34.5% YoY vs \u20b911,377 cr, +5% QoQ vs \u20b914,549 cr; record quarterly high driven by automotive vehicles\/parts segment PBIT surge (+66% YoY to \u20b91,084 cr) and financial services PBIT (+29% QoQ to \u20b9560 cr).<\/li>\n\n\n\n<li>EBITDA: PBDIT excl other income \u20b92,464 cr (+34% YoY), margin 16.11% (+13 bps YoY, +57 bps QoQ); operating margins expanded to 16.89% (+59 bps YoQ) on leverage from volume growth and cost efficiencies.<\/li>\n\n\n\n<li>PAT: Attributable to owners \u20b9493 cr (+27.8% YoY vs \u20b9386 cr, +11.4% QoQ vs \u20b9443 cr), PAT margin 6.65% (+48 bps YoY); EPS basic \u20b9628.5 (+193 bps YoY); 9M revenue \u20b942,567 cr (+27.5% YoY), PAT \u20b91,272 cr (+44% YoY).<\/li>\n\n\n\n<li>Other key metrics: Interest coverage 3.79x (highest ever), debt\/equity 6.25x (lowest 9M), inventory turnover 19x (peak); automotive strong, financial services resilient; net debt\/equity improved to 5.1x (\u22121 YoY).<\/li>\n<\/ul>\n\n\n\n<div style=\"height:35px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Management Commentary &amp; Strategic Decisions<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Strongest-ever Q3 with record sales\/profits reflecting diversified portfolio strength and execution amid favourable demand; <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/f7d20095-89f0-441c-9e89-7d774457148a.pdf\" target=\"_blank\" rel=\"noopener\">sustained momentum positions<\/a> well for FY26.<\/li>\n\n\n\n<li>Strategic moves: Focus on growth investments, EV\/exports ramp in automotive, portfolio optimization; &#8220;Outstanding&#8221; financial trends with peak metrics.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:35px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Q2 FY26 Earnings Results<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Revenue from Operations: Consolidated \u20b914,549 cr (+26% YoY vs \u20b911,450 cr, +14% QoQ); total income \u20b914,562 cr.<\/li>\n\n\n\n<li>EBITDA: PBDIT excl OI \u20b92,273 cr (+34% YoY), margin 16.3% (+121 bps YoY).<\/li>\n\n\n\n<li>PAT: \u20b9443 cr (+59% YoY vs \u20b9279 cr, +32% QoQ), EPS \u20b9218.89; H1 PAT \u20b9778 cr (+57% YoY).<\/li>\n\n\n\n<li>Other key metrics: H1 sales \u20b927,291 cr (+24% YoY); promoter stake up to 23%; debt\/equity \u22120.31x.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:33px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Management Commentary Q2<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Record Q2 sales\/OPBIT with margin gains despite costs; H1 momentum strong.<\/li>\n\n\n\n<li>Strategic moves: Growth capex, efficiency focus; attractive valuation 0.56x BV.<\/li>\n<\/ul>\n\n\n\n<p>To view the company\u2019s previous earnings and latest concall transcripts,&nbsp;<a href=\"https:\/\/alphastreet.com\/india\/\">click here<\/a>&nbsp; to visit the Alphastreet India news channel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TVS Holdings (Erstwhile known as Sundaram Clayton Ltd) was incorporated in Chennai in 1962 and is part of the TVS group, led by Mr. Venu Srinivasan. It is engaged in the business of manufacturing and distributing aluminum die castings.\u00a0Sundaram Clayton manufactures non-ferrous gravity and pressure die castings. Q3 FY26 Earnings Results Management Commentary &amp; Strategic [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,5753],"tags":[12361],"class_list":["post-178315","post","type-post","status-publish","format-standard","hentry","category-infographics","category-industrials","tag-die-castings"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":178307,"url":"https:\/\/alphastreet.com\/india\/sundram-fasteners-q3-fy26-earnings-results\/","url_meta":{"origin":178315,"position":0},"title":"Sundram Fasteners Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 29, 2026","format":false,"excerpt":"Sundaram fasteners ltd, a part of the TVS Group of Companies, is engaged in manufacturing critical, high precision components such as fasteners, power train components etc for the automotive, infrastructure, windmill, and aviation sectors. Q3 FY26 Earnings Results Revenue from Operations: Consolidated \u20b91,541 cr, +7% YoY vs \u20b91,441 cr, record\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171947,"url":"https:\/\/alphastreet.com\/india\/tvs-holdings-q2-fy26-earnings-results\/","url_meta":{"origin":178315,"position":1},"title":"TVS Holdings Q2 FY26 Earnings Results","author":"Chirag Gupta","date":"October 29, 2025","format":false,"excerpt":"Sundaram Clayton Ltd was incorporated in Chennai in 1962 and is part of the TVS group, led by Mr. Venu Srinivasan. It is engaged in the business of manufacturing and distributing aluminum die castings. Sundaram Clayton manufactures non-ferrous gravity and pressure die castings. \u00a0 Q2 FY26 Earnings Results Revenue from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"TVS Holdings Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/TVS-Holdings-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/TVS-Holdings-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/TVS-Holdings-Q2-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/TVS-Holdings-Q2-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/TVS-Holdings-Q2-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/TVS-Holdings-Q2-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179309,"url":"https:\/\/alphastreet.com\/india\/pg-electroplast-q3-fy26-earnings-results\/","url_meta":{"origin":178315,"position":2},"title":"PG Electroplast Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"February 3, 2026","format":false,"excerpt":"PG Electroplast Limited (PGEL) is the flagship company of PG Group. While the PG Group had started its journey in 1977, PG Electroplast was formally set up in 2003 and is a leading, diversified Indian Electronic Manufacturing Service provider. It specializes in Original Design Manufacturing (ODM), Original Equipment Manufacturing (OEM)\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":178100,"url":"https:\/\/alphastreet.com\/india\/rpg-life-sciences-q3-fy26-earnings-results\/","url_meta":{"origin":178315,"position":3},"title":"RPG Life Sciences Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 28, 2026","format":false,"excerpt":"Incorporated in 2007, RPG Life Sciences Ltd manufactures and markets Formulations (Finished Dosage Forms) and Active Pharma Ingredients. Q3 FY26 Earnings Results Revenue from Operations: \u20b9180.03 cr, +4.24% YoY vs \u20b9172.71 cr, \u22120.91% QoQ vs \u20b9181.68 cr. 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The business was started in 1974 and is headquartered in Coimbatore, Tamil Nadu. 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