TVS Electronics share price today

TVS Electronics Ltd's share price was ₹364.85 at the close on 4 November 2026. It has been falling for 6 weeks. That is 16.4% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹361 and ₹664, and at that close it sat 1% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today TVS Electronics Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 14 weeks running.

Over the last 11 years the share price moved +303% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 7 August 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: profit fell in the June 2026 quarter, lowest operating margin in 15 quarters and revenue up on a year earlier for 4 quarters in a row.

1. Profit fell in the June 2026 quarter

   Profit was ₹-7 crore, -86.5% on a year earlier (₹-4 crore), after 3 quarters of growth.

2. Lowest operating margin in 15 quarters

   Operating margin was -2.2% in the June 2026 quarter, against 1.3% a year earlier.

3. Revenue up on a year earlier for 4 quarters in a row

   In the June 2026 quarter revenue was ₹106 crore, +9.6% on a year earlier.

For April to June 2026 (the quarter ended 30 June 2026), TVS Electronics reported revenue of ₹106 crore, up 9.6% from ₹96.7 crore a year earlier, and a loss of ₹6.62 crore.

TVS Electronics results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

The newest call in our records is from 25 May 2026, about January to March 2026; a call about these results is not in our records yet.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

TVS Electronics closed at ₹364.85 on 4 November 2026, down 39.1% from ₹599.20 a year earlier (7 November 2025) and up 106.9% over five years. Its highest weekly close since March 2016 was ₹664.05 on 14 November 2025.

TVS Electronics share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

561 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: TVS Electronics closed at ₹364.85, up 0.5% on the week and down 8.0% on the month. Results for April to June 2026: Revenue up 9.6% on a year earlier.

Earlier

• 25 May 2026: TVS Electronics held its results call for January to March 2026. Management guided: FY27 double-digit revenue growth expected.

TVS Electronics paid no dividend in the 12 months to 5 November 2026. The last was a dividend of ₹1 a share, ex-date 2 August 2024.

TVS Electronics dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Not in its latest year. TVS Electronics Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 7 of its last 13 reported years, so there is a history but no current dividend.

From the NSE corporate-actions record, read 5 November 2026.

On the call for January to March 2026, held on 25 May 2026, TVS Electronics' management guided: FY27 double-digit revenue growth expected.

“The margin improvement is structural rather than temporary, supported by operational efficiencies, volume growth, and disciplined execution”A.K. Velu, CFO, on the call for January to March 2026

What management guided

• EMS business to eventually match Products and Solutions revenue scale for 50-50 split.
• SMT line utilization expected to grow in FY27 from current 30.0-40.0% level.
• Margin improvement characterized as structural and expected to continue; acknowledged quarterly volatility may persist due to industry dynamics.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for January to March 2026, 25 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.

When TVS Electronics reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: SMT line utilization ramp trajectory - currently 30.0-40.0%, management expects growth in FY27; track actual Q1-July to September 2026 utilization rates and new customer onboarding pace to validate EMS scaling assumptions and pathway to 50-50 revenue mix.

TVS Electronics is on one of our India lists: IT stocks.

TVS Electronics Ltd posted a net loss of ₹6.6 Cr in the Jun 2026 quarter. Full-year FY26 profit was ₹1.0 Cr. Over 10 years profit has grown −12.9% a year on average. That loss is 6.2% of the quarter's revenue. The same quarter a year earlier lost ₹3.5 Cr. 7 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

TVS Electronics Ltd reported ₹106 Cr of revenue in the Jun 2026 quarter, +9.6% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 10 years it has grown −2.6% a year on average. The last full year, FY26, came in at ₹455 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹465 Cr.

FY26 revenue was ₹455 Cr, +5.8% on the year before.

Recent pace: the last four quarters grew +11.9% on average, against −2.6% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +11.7%, against +9.5% a year over the last 8 quarters (stabilising).

TVS Electronics Ltd's operating margin was −2.3% in the Jun 2026 quarter, 3.5 percentage points lower than the same quarter a year ago. Across 13 years it has been between 0.6% and 9.0%. The latest quarter is below every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −3.5 percentage points on the year while gross margin changed −7.1 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 92% of TVS Electronics Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹6.0 Cr of operating cash against ₹1.0 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹12.0 Cr of spending on assets, free cash was −₹6.0 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 92% of profit came in as cash: the cash cycle got 91 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

TVS Electronics Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 59 days in FY26, up from −32 days in FY21. It spent ₹64.0 Cr on assets over the last 3 years. Customers take 76 days to pay, and stock sits for 112 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹455 Cr, each day of that cycle ties up about ₹1.2 Cr, so roughly ₹74.0 Cr is tied up in the business at any time.

FY26: customers took 76 days to pay and stock sat for 112 days, about 3.7 months of sales sitting as stock, for a full cycle of 59 days, longer than FY21's −32.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 112 days. Customers pay about 76 days after that. Suppliers are paid at 129 days. Together that makes the 59-day cycle.

Spending on assets: ₹64.0 Cr over the last 3 years, against ₹43.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building a little beyond replacing what wears out. Work still in progress is ₹1.0 Cr (FY26): assets paid for that are not earning yet.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

TVS Electronics Ltd's P/E is 580.6×, about the highest it has ever been. Its usual P/E (the middle reading) is 46.5×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.