# TVS Electronics share price today (TVS Electronics Ltd, NSE: TVSELECT) > TVS Electronics share price today: ₹368.85 at the NSE close on 3 November 2026, down 39.8% in a year. TVS Electronics (NSE: TVSELECT) is worth ₹687 crore, trades at a P/E of 580.6 and has closed between ₹360.80 and ₹664.05 over the past 52 weeks. > TVS Electronics Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. TVSELECT · Computer - Hardware · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/tvs-electronics-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Price: ₹368.85 (−39.8% in a year) - P/E: 580.6× (higher than 100% of the last 10 years) - Revenue (Jun 2026): ₹106 Cr (+9.6% on a year ago) - Profit (Jun 2026): −₹6.6 Cr - Operating margin: −2.3% (−3.5 points on a year ago) - ROCE: 6%, FY26 - ROIC: 0.1%, against a 12.0% cost of capital: −11.9 points - Profit that came in as cash: 92%, last 3 years Biggest thing to watch: the P/E is higher than 100% of its own history, so the multiple has already done part of the work. ## What is the TVS Electronics share price today? TVS Electronics Ltd's share price was ₹368.85 at the close on 3 November 2026. It has been falling for 6 weeks. That is 15.5% 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 3% of the way up from that low. 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 +307% 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. ## What changed at TVS Electronics this quarter? 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. ## What are TVS Electronics' latest quarterly results? 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 | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹106 crore | ₹96.7 crore | +9.6% | | Profit | loss of ₹6.62 crore | loss of ₹3.55 crore | n/a | | Earnings per share | ₹−3.55 | ₹−1.90 | n/a | | Operating margin | −2.3% | 1.3% | −3.5 points | 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.) ## What is the TVS Electronics share price history? TVS Electronics closed at ₹368.85 on 3 November 2026, down 39.8% from ₹613.15 a year earlier (31 October 2025) and up 109.2% over five years. Its highest weekly close since March 2016 was ₹664.05 on 14 November 2025. ### TVS Electronics share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹367.95 | +0.2% | | 1 month ago · 1 Oct 2026 | ₹396.55 | −7.0% | | 6 months ago · 30 Apr 2026 | ₹462.15 | −20.2% | | 1 year ago · 31 Oct 2025 | ₹613.15 | −39.8% | | 3 years ago · 3 Nov 2023 | ₹346.45 | +6.5% | | 5 years ago · 4 Nov 2021 | ₹176.35 | +109.2% | | 10 years ago · 4 Nov 2016 | ₹103.75 | +255.5% | | Earliest weekly close in our records · 11 Mar 2016 | ₹90.60 | +307.1% | | Highest weekly close since March 2016, also the 52-week high · 14 Nov 2025 | ₹664.05 | −44.5% | | Lowest weekly close since March 2016 · 27 Mar 2020 | ₹51.20 | +620.4% | | 52-week low (weekly close) · 13 Mar 2026 | ₹360.80 | +2.2% | Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (561 weekly closes from 11 March 2016 to 3 November 2026.) ## What is the latest news on TVS Electronics? 3 Nov 2026: TVS Electronics closed at ₹368.85, up 0.2% on the week and down 7.0% 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. ## What dividend does TVS Electronics pay? TVS Electronics paid no dividend in the 12 months to 4 November 2026. The last was a dividend of ₹1 a share, ex-date 2 August 2024. ### TVS Electronics dividends since 1 April 2021 | Ex-date | Dividend per share | Type | Record date | | --- | --- | --- | --- | | 2 Aug 2024 | ₹1 | Dividend | 3 Aug 2024 | | 28 Jul 2023 | ₹2 | Dividend | 29 Jul 2023 | | 15 Mar 2022 | ₹2 | Interim | 16 Mar 2022 | Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 3 of 5 Of the last 5 financial years, years with an NSE dividend record 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 4 November 2026.) ## What did TVS Electronics management say on the latest results call? 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](https://files.tijorifinance.com/insight/india/4479/Conference Call/CC-May26.pdf). (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.) ## What to watch in TVS Electronics' next results? 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. - What to check (from the call) - 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. - FY27 double-digit revenue growth delivery - management guided only to double-digit but analyst pushed for mid-teens specificity and was declined; validate whether company achieves mid-to-high teens (12.0-18.0%) or undershoots at low double-digit boundary. - Structural margin sustainability - FY26 achieved 4.2% operating margin and Q4 at 5.96%. - Solar managed services revenue acceleration - platform expanded to 3GW base in FY26; track whether CSS segment maintains 13.0%+ growth in FY27 or decelerates as comps toughen relative to FY26 robust base. ## Which stock lists is TVS Electronics on? TVS Electronics is on one of our India lists: IT stocks. [IT stocks Market value (₹ crore): 691.7035611164581](https://www.sectoralpha.in/sectors/it-stocks-india) ## Is TVS Electronics profitable? 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. ## How much revenue does TVS Electronics make, and is it growing? 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. 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). ## How much of every ₹100 of sales does TVS Electronics keep? 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. 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. ## Is TVS Electronics' profit turning into cash? 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. 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. ## Where does TVS Electronics' cash go? 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. 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. ## What is TVS Electronics' P/E ratio, and how does it compare with its own history? 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. Where the price move came from: over 5 years the price moved +15.9% a year; about +6.7% a year came from earnings growth and about +9.2 percentage points from the multiple (the market paying more); over 10 years the price moved +13.5% a year; about −5.2% a year came from earnings growth and about +18.7 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the TVS Electronics business getting better or worse? TVS Electronics Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does TVS Electronics earn on its capital? TVS Electronics Ltd earned a ROCE of 6% in FY26. That is up from a low of −2% in FY25. Its return on capital used (ROIC) is 11.9 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 0.2% net margin and 1.61× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 0.2% net margin × 1.61× asset turnover × 2.95× leverage (assets divided by equity) ≈ 0.9% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 0.1% − 12.0% = −11.9 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 0.1% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 2.2%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does TVS Electronics have too much debt? TVS Electronics Ltd has total debt of ₹54.0 Cr against shareholder equity of ₹96.0 Cr as of Jun 2026, so its debt is 0.56× its equity. Year by year, that ratio went from 0.10 in FY22 to 0.56 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the TVS Electronics shareholding pattern? No group of TVS Electronics Ltd's owners changed its stake by a full percentage point over the last two years. Foreign institutions moved +0.1 points over the same period, to 0.1%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −0.1 points over 8 quarters, to 59.8%; Foreign institutions: +0.1 points over 8 quarters, to 0.1%; Domestic institutions: +0.0 points over 8 quarters, to 0.0%. ## How far is TVS Electronics from balance-sheet trouble? For TVS Electronics Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does TVS Electronics rank in its industry? 36.9 out of 100, rank 4 of 4 in Computer - Hardware, with 53% of the evidence available. TVS Electronics Ltd scores 36.9 out of 100 against the 4 companies it is compared with in Computer - Hardware, ranking 4. Some evidence is missing, so the score is pulled toward the middle on purpose. The four parts add up to the total exactly: 18.3 + 1.1 + 10 + 7.5 = 36.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is TVS Electronics compared with? TVS Electronics ranks 4 of 4 Computer - Hardware companies on the 4-Factor Sector Score, with 36.9 out of 100. 1. [Panache Digilife Ltd](https://www.sectoralpha.in/stocks/panache-digilife-ltd) PANACHE · leader · Most evidence points up · 75% evidence 66.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 33.2/35 · Revenue 100% · Profit 100% · Operating margin change 3.1 points · 100% evidence Capital efficiency 15.8/25 · ROCE 25.7% · Operating margin 9.6% · 100% evidence Valuation 5.0/20 · P/E 37.5× · PEG 8.84 · 50% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 68.1% · 1 year 48.2% · 25% evidence · 12 of 12 weeks ahead Exact sum: 33.2 + 15.8 + 5 + 12.5 = 66.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Redington Ltd](https://www.sectoralpha.in/stocks/redington-ltd) REDINGTON · leader · Evidence leans up · 75% evidence 51.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.3/35 · Revenue 23.2% · Profit -18.1% · Operating margin change 0.5 points · 83% evidence Capital efficiency 15.3/25 · ROCE 18.4% · Operating margin 2% · 76% evidence Valuation 6.6/20 · P/E 14.2× · PEG n/a · 35% evidence Relative strength 13.1/20 · Lead over its industry 4% · Lead over NIFTY 500 20.5% · 1 year 28.8% · 100% evidence · 12 of 12 weeks ahead Exact sum: 16.3 + 15.3 + 6.6 + 13.1 = 51.3 · What this means: Relative strength against the index is 20.5%, and revenue and profit growth are weak. 3. [Control Print Ltd](https://www.sectoralpha.in/stocks/control-print-ltd) CONTROLPR · turning · Evidence leans down · 82% evidence 39.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.3/35 · Revenue 15.8% · Profit -68% · Operating margin change -3 points · 100% evidence Capital efficiency 17.2/25 · ROCE 16.4% · Operating margin 20% · 100% evidence Valuation 2.8/20 · P/E 27.7× · PEG 3.76 · 85% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -5.1% · 1 year -21.7% · 25% evidence · 1 of 12 weeks ahead Exact sum: 12.3 + 17.2 + 2.8 + 7.5 = 39.8 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 4. TVS Electronics Ltd this page TVSELECT · quiet · Too little evidence to rank firmly · 53% evidence 36.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.3/35 · Revenue 11.7% · Profit 70.3% · Operating margin change -3.5 points · 65% evidence Capital efficiency 1.1/25 · ROCE 5.8% · Operating margin -2.3% · 100% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -14.7% · 1 year -40.8% · 25% evidence · 0 of 12 weeks ahead Exact sum: 18.3 + 1.1 + 10 + 7.5 = 36.9 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Computer - Hardware](https://www.sectoralpha.in/sectors/computer-hardware), all 4 compared on one page. ## Which companies are close to TVS Electronics in size? TVS Electronics is the 4th largest of 4 Computer - Hardware companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Redington, Panache Digilife and Control Print. It is the smallest. ### Computer - Hardware companies close in size 1. [Redington Ltd](https://www.sectoralpha.in/stocks/redington-ltd) ₹25,560 crore 2. [Panache Digilife Ltd](https://www.sectoralpha.in/stocks/panache-digilife-ltd) ₹1,036 crore 3. [Control Print Ltd](https://www.sectoralpha.in/stocks/control-print-ltd) ₹926 crore 4. TVS Electronics Ltd ₹678 crore [All 4 Computer - Hardware companies, largest first](https://www.sectoralpha.in/sectors/computer-hardware#all-companies) ### Companies close in size in other industries 1. [JITF Infra Logistics Ltd](https://www.sectoralpha.in/stocks/jitf-infra-logistics-ltd) ₹678 crore · Logistics 2. [Sunita Tools Ltd](https://www.sectoralpha.in/stocks/sunita-tools-ltd) ₹678 crore · Engineering - Light - General 3. TVS Electronics Ltd ₹678 crore 4. [ABS Marine Services Ltd](https://www.sectoralpha.in/stocks/abs-marine-services-ltd) ₹676 crore · Shipping/Dredging 5. [Pajson Agro India Ltd](https://www.sectoralpha.in/stocks/pajson-agro-india-ltd) ₹676 crore · Food - Processing - Others ## What else do people ask about TVS Electronics? ### What is TVS Electronics's share price today? TVS Electronics Ltd's share price is ₹368.85, −39.8% over the past year. The whole company is worth ₹687 Cr on the market. In the last 52 weeks it traded between ₹361 to ₹664; today it is 3% of the way up from the low, 15.5% below its 200-day average (as of 3 November 2026). ### What were TVS Electronics's latest quarterly results? TVS Electronics Ltd reported revenue of ₹106 Cr and a net loss of ₹6.6 Cr for the Jun 2026 quarter. Earnings per share were −₹3.55. The operating margin was −2.3%, 3.5 percentage points lower than a year earlier (as of 3 November 2026). ### What is TVS Electronics's market cap? TVS Electronics Ltd's market capitalisation is ₹687 Cr at a share price of ₹368.85. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is TVS Electronics performing? TVS Electronics Ltd's share price has been falling for 6 weeks. Over the past 13 weeks it has done worse than the NIFTY 500, for 14 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will TVS Electronics's share price go up? This page does not forecast TVS Electronics Ltd's share price. What it shows instead: the share price is ₹368.85, and it has been falling for 6 weeks. Its P/E of 580.6× is higher than 100% of its own last 10 years (as of 3 November 2026). ### Who owns TVS Electronics? Promoters own 59.8% of TVS Electronics Ltd, foreign institutions 0.1%, domestic institutions 0.0% and the public 40.1% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Where is TVS Electronics in its business cycle? TVS Electronics Ltd's FY26 operating margin was 4.3%, against a 13-year range of 0.6% to 9.0%: the middle of its own range, neither a peak nor a low. The latest quarter was −2.3%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the TVS Electronics story? Biggest thing to watch: the P/E is higher than 100% of its own history, so the multiple has already done part of the work. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is TVS Electronics a stock worth studying right now? What the numbers show: TVS Electronics Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a TVS Electronics share price forecast for 2026? What management itself guided: FY27 double-digit revenue growth expected. ## Lists - IT stocks: https://www.sectoralpha.in/sectors/it-stocks-india This is research, not advice. We’re not SEBI-registered.