{"id":180345,"date":"2026-02-10T22:00:15","date_gmt":"2026-02-11T03:00:15","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=180345"},"modified":"2026-02-10T22:00:15","modified_gmt":"2026-02-11T03:00:15","slug":"tvs-supply-chain-solutions-posts-31-jump-in-q3-adjusted-ebitda-announces-strategic-fmcg-acquisition","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/tvs-supply-chain-solutions-posts-31-jump-in-q3-adjusted-ebitda-announces-strategic-fmcg-acquisition\/","title":{"rendered":"TVS Supply Chain Solutions Posts 31% Jump in Q3 Adjusted EBITDA, Announces Strategic FMCG Acquisition"},"content":{"rendered":"\n<p>TVS Supply Chain Solutions Limited (NSE: TVSSCS, BSE: 543965), a global leader in integrated supply chain solutions, reported a strong financial performance for the third quarter and nine months ending December 31, 2025, driven by robust momentum in India and a recovery in its global segments.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Financial Performance \u2013 Q3 &amp; 9M FY26<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>For Q3 FY26, the company recorded revenue from operations of INR 2,715.8 crore, an 11.1% year-on-year increase.<ul><li>Adjusted EBITDA grew significantly by 31.2% to INR 199.3 crore, with margins expanding by 110 basis points to 7.3%.<\/li><\/ul>\n<ul class=\"wp-block-list\">\n<li>The company turned a profit before tax (PBT) of INR 24 crore, compared to a loss of INR 16 crore in the same period last year.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>For the nine-month period (9M FY26), revenues reached INR 7,970.8 crore, up 6.3%.<ul><li>Adjusted PBT saw a 4.4-fold increase to INR 66 crore.<\/li><\/ul>\n<ul class=\"wp-block-list\">\n<li>The company\u2019s growth is underpinned by its two primary segments: Integrated Supply Chain Solutions (ISCS), which contributes 75% of revenue, and Global Forwarding Solutions (GFS), accounting for 25%.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Strategic Acquisition &amp; FMCG Expansion<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>TVS SCS announced the acquisition of 100% of Swamy &amp; Sons 3PL Services Private Limited for an enterprise value of INR 88 crore.<\/li>\n\n\n\n<li>The transaction, funded entirely through internal accruals, is expected to close in Q4 FY26. This move strengthens the company&#8217;s position in the high-growth FMCG and FMCD sectors, increasing the India consumer-sector mix from 18% to 25% on a pro forma basis.<\/li>\n\n\n\n<li>Swamy &amp; Sons operates 116 warehouses across five Indian states, adding approximately 4 million square feet to TVS SCS\u2019s infrastructure.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Business Highlights &amp; Industry Metrics<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A key operational milestone in Q3 was securing a three-year contract with Daimler India Commercial Vehicles (DICV) to manage in-plant warehouse operations in Chennai.<\/li>\n\n\n\n<li>The company also reported record new business wins totaling INR 319 crore in Q3 and maintains a robust business development pipeline of INR 6,300 crore.<\/li>\n\n\n\n<li>TVS SCS\u2019s growth continues to outpace broader economic trends.<\/li>\n\n\n\n<li>Over the last four years, ISCS North America grew at a 20.3% CAGR, surpassing US GDP growth, while ISCS India (11.6% CAGR) and ISCS Europe (14.4% CAGR) also outperformed their respective regional GDP benchmarks.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Management Commentary<\/strong><\/h2>\n\n\n\n<p>Ravi Viswanathan, Managing Director, highlighted Q3 FY26 was a quarter of double-digit growth with profitability strengthening further. Also added the profitability inflection in Europe and a robust recovery in the GFS business.<\/p>\n\n\n\n<p>Global CFO, R Vaidhyanathan added that the focus remains on improving the margin trajectory and strengthening return metrics.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-embed-handler wp-block-embed-embed-handler\"><div class=\"wp-block-embed__wrapper\">\n<p><a href=\"https:\/\/www.tvsscs.com\/investor-relations\/wp-content\/uploads\/2026\/02\/TVS-SCS-Q3-and-9M-FY26-Earnings-Presentation_Final.pdf\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Click to access TVS-SCS-Q3-and-9M-FY26-Earnings-Presentation_Final.pdf<\/a><\/p>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Geographic Presence &amp; Target Customers<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Operating across 26 countries and four continents, TVS SCS manages over 24.7 million square feet of warehouse space. Its diverse customer base of 6,200+ active clients includes 91 Fortune 500 companies.<\/li>\n\n\n\n<li>The company serves critical industries including Industrial (29%), Automotive (25%), and Tech Infrastructure (13%).<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Takeaway<\/strong> <\/h2>\n\n\n\n<p>With a strengthening PBT margin targeting 4% in the medium term and a strategic shift toward consumption-led sectors like FMCG through acquisitions, TVS SCS is positioning itself for sustained, tech-driven profitable growth in the global logistics market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TVS Supply Chain Solutions Limited (NSE: TVSSCS, BSE: 543965), a global leader in integrated supply chain solutions, reported a strong financial performance for the third quarter and nine months ending December 31, 2025, driven by robust momentum in India and a recovery in its global segments. Financial Performance \u2013 Q3 &amp; 9M FY26 Strategic Acquisition [&hellip;]<\/p>\n","protected":false},"author":2378,"featured_media":125269,"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":[5,1941,392,10444],"tags":[8159,8795,8143,16219,16218],"class_list":["post-180345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-stock-analysis","category-earnings","category-others","tag-logistics","tag-supply-chain","tag-transportation","tag-tvsscs","tag-warehousing"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":177828,"url":"https:\/\/alphastreet.com\/india\/veefin-solutions-expands-global-reach-with-strong-q3-consolidated-performance\/","url_meta":{"origin":180345,"position":0},"title":"Veefin Solutions Expands Global Reach with Strong Q3 Consolidated Performance","author":"Staff Correspondent","date":"January 27, 2026","format":false,"excerpt":"Veefin Solutions Limited (BSE: 543931) reported significant growth in its consolidated financial results for the quarter and nine months ended December 31, 2025. 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