# TVS Holdings share price today (TVS Holdings Ltd, NSE: TVSHLTD) > TVS Holdings share price today: ₹12,389.00 at the NSE close on 3 November 2026, down 18.4% in a year. TVS Holdings (NSE: TVSHLTD) is worth ₹25,066 crore, trades at a P/BV of 3.7 and has closed between ₹11,078.00 and ₹15,521.00 over the past 52 weeks. > TVS Holdings Ltd's earnings have grown faster than its share price. Earnings per share grew +45.7% in a year while the price moved −18.4%. TVSHLTD · Finance - Holding Company · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/tvs-holdings-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: ₹12,389.00 (−18.4% in a year) - P/BV: 3.7× (higher than 59% of the last 11 years) - Revenue (Sep 2026): ₹20,183 Cr (+38.7% on a year ago) - Profit (Sep 2026): ₹1,286 Cr (+46.1% on a year ago) - Net margin: 6.4% (+0.4 points on a year ago) - ROE: 31%, FY26 The main question: yearly earnings per share moved +45.7% while the share price moved −18.4%. ## What is the TVS Holdings share price today? TVS Holdings Ltd's share price was ₹12,389.00 at the close on 3 November 2026. It has been falling for 5 weeks. That is 6.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹11,078 and ₹15,521, and at that close it sat 30% 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 9 weeks running. Over the last 11 years the share price moved +635% while the NIFTY 500 moved +249%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 4 September 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 Holdings this quarter? Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), profit up on a year earlier for 12 quarters in a row (every quarter we can compare) and indian funds and insurers (DIIs) cut their stake for 6 quarters in a row. 1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare) In the September 2026 quarter revenue was ₹20,183 crore, +38.7% on a year earlier. 2. Profit up on a year earlier for 12 quarters in a row (every quarter we can compare) In the September 2026 quarter profit was ₹1,286 crore, +46.1% on a year earlier. 3. Indian funds and insurers (DIIs) cut their stake for 6 quarters in a row From 10.3% to 9.5% of the company by the September 2026 quarter. ## What are TVS Holdings' latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), TVS Holdings reported total income of ₹20,183 crore, up 38.7% from ₹14,549 crore a year earlier, and a profit of ₹1,286 crore, up 46.1% from ₹880 crore. ### TVS Holdings results: July to September 2026 against a year earlier | Measure | July to September 2026 | July to September 2025 | Change | | --- | --- | --- | --- | | Total income | ₹20,183 crore | ₹14,549 crore | +38.7% | | Profit | ₹1,286 crore | ₹880 crore | +46.1% | | Earnings per share | ₹314.25 | ₹219.24 | +43.3% | | Net margin | 6.4% | 6.0% | +0.4 points | The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 September 2026). Income and profit in ₹ crore.) ## What is the TVS Holdings share price history? TVS Holdings closed at ₹12,389.00 on 3 November 2026, down 18.4% from ₹15,175.00 a year earlier (31 October 2025) and up 286.3% over five years. Its highest weekly close since March 2016 was ₹15,521.00 on 14 November 2025. ### TVS Holdings share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 29 Oct 2026 | ₹12,194.00 | +1.6% | | 1 month ago · 1 Oct 2026 | ₹11,886.00 | +4.2% | | 6 months ago · 30 Apr 2026 | ₹14,258.00 | −13.1% | | 1 year ago · 31 Oct 2025 | ₹15,175.00 | −18.4% | | 3 years ago · 3 Nov 2023 | ₹5,437.15 | +127.9% | | 5 years ago · 4 Nov 2021 | ₹3,207.32 | +286.3% | | 10 years ago · 4 Nov 2016 | ₹2,370.26 | +422.7% | | Earliest weekly close in our records · 4 Mar 2016 | ₹1,685.40 | +635.1% | | Highest weekly close since March 2016, also the 52-week high · 14 Nov 2025 | ₹15,521.00 | −20.2% | | Lowest weekly close since March 2016 · 22 May 2020 | ₹1,114.07 | +1,012.0% | | 52-week low (weekly close) · 23 Oct 2026 | ₹11,078.00 | +11.8% | 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. (564 weekly closes from 4 March 2016 to 3 November 2026.) ## What is the latest news on TVS Holdings? 3 Nov 2026: TVS Holdings closed at ₹12,389.00, up 1.6% on the week and up 4.2% on the month. Results for July to September 2026: Total income up 38.7% and profit up 46.1% on a year earlier. ### Earlier - 2 Apr 2026: ex-date for an interim dividend of ₹86 a share. ## What dividend does TVS Holdings pay? The last was an interim dividend of ₹86 a share, ex-date 2 April 2026. ### TVS Holdings dividends since 1 April 2021 | Ex-date | Dividend per share | Type | Record date | | --- | --- | --- | --- | | 2 Apr 2026 | ₹86 | Interim | same day | | 28 Mar 2025 | ₹93 | Interim | same day | | 2 Apr 2024 | ₹94 | Interim | same day | | 3 Feb 2023 | ₹59 | Interim | same day | | 29 Mar 2022 | ₹44 | Interim | 30 Mar 2022 | Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. We do not print a yield for TVS Holdings: one of its dividend records from the last 12 months could not be read cleanly or matched to today’s share count, and we do not guess. Yes. TVS Holdings Ltd paid out 10% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.) ## Which stock lists is TVS Holdings on? TVS Holdings is on one of our India lists: Small & mid cap stocks. [Small & mid cap stocks Size rank in India: 312](https://www.sectoralpha.in/small-cap-stocks-india) ## Is TVS Holdings profitable? TVS Holdings Ltd earned ₹1,286 Cr of net profit in the Sep 2026 quarter, +46.1% on the same quarter a year earlier. That is the 12th quarter in a row of profit growth. Full-year FY26 profit was ₹3,390 Cr. Over 10 years profit has grown 21.8% a year on average. That is 6.4% of the quarter's revenue. The same quarter a year earlier earned ₹880 Cr. For the full year, FY26 profit was ₹3,390 Cr (+40.7% on the year before). Why profit moved: revenue changed +38.7% on a year earlier and the margin moved +0.4 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +48.9% and revenue +34.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does TVS Holdings make, and is it growing? TVS Holdings Ltd reported ₹20,183 Cr of income in the Sep 2026 quarter, +38.7% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 16.7% a year on average. The last full year, FY26, came in at ₹58,154 Cr. The last four reported quarters add to ₹68,123 Cr. FY26 revenue was ₹58,154 Cr, +29.3% on the year before. Recent pace: the last four quarters grew +34.8% on average, against 16.7% 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 +35.0%, against +27.4% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +48.9%, against +43.8% a year (accelerating). ## How much does TVS Holdings keep from what it earns? TVS Holdings Ltd's net margin was 6.4% in the Sep 2026 quarter, 0.4 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 13 years it has been between 2.1% and 5.8%. The latest quarter is above every full year in that period. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. ## How many of TVS Holdings' loans have gone bad? TVS Holdings Ltd does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report. Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up. ## How fast is TVS Holdings' loan book growing? TVS Holdings Ltd's revenue was ₹58,154 Cr in FY26, +29.3% on the year before, so the loan book is growing. The latest quarter was +38.7% on a year earlier. The net margin on that income is 6.4%, +0.4 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses. ## What is TVS Holdings' P/BV ratio, and how does it compare with its own history? TVS Holdings Ltd's P/BV is 3.7×, in the middle of its own history: higher than 59% of past readings. Its usual P/BV (the middle reading) is 2.9×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year book value grew while the price moved −18.4%. Price and book value moved together, so the multiple stayed in its range. Where the price move came from: over 5 years the price moved +31.0% a year; about +9.2% a year came from book-value growth and about +21.8 percentage points from the multiple (the market paying more); over 10 years the price moved +18.0% a year; about +16.0% a year came from book-value growth and about +2.0 percentage points from the multiple (the market paying more). The split is approximate (price return minus book-value growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the book value trend underneath matters more than the multiple. A quarterly PEG curve, which only the second data source has, is not shown on this page: its two data sources disagree by up to 58% on reported income across 13 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Is the TVS Holdings business getting better or worse? TVS Holdings Ltd's business is giving mixed signals. Growth has been steadily positive, but there is no return figure to confirm steady growth. This is based on 9 quarters of 3 measures, with some gaps. Why it matters: when the lines disagree, each line above matters more than any single label. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does TVS Holdings earn on its equity and assets? We do not have a clean yearly return-on-equity history for TVS Holdings Ltd. For an insurer in particular, the usual bank ratios do not fit, so this page does not force them or estimate a series. The revenue, margin and ownership sections show what this company does report. The quarterly return-on-equity and return-on-assets curves, which only the second data source has, are not shown on this page: its two data sources disagree by up to 58% on reported income across 13 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Does TVS Holdings have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the TVS Holdings shareholding pattern? No group of TVS Holdings Ltd's owners changed its stake by a full percentage point over the last two years. Foreign institutions moved +0.5 points over the same period, to 3.1%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −0.8 points over 8 quarters, to 9.5%; Foreign institutions: +0.5 points over 8 quarters, to 3.1%; Promoters: +0.0 points over 8 quarters, to 74.5%. ## How far is TVS Holdings from balance-sheet trouble? For TVS Holdings Ltd, the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does TVS Holdings rank in its industry? 56.2 out of 100, rank 5 of 18 in Finance - Holding Company, with 75% of the evidence available. TVS Holdings Ltd scores 56.2 out of 100 against the 18 companies it is compared with in Finance - Holding Company, ranking 5. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 24.2 + 13.9 + 10.8 + 7.3 = 56.2. 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 ROA turns down or gross NPA rises while the share price lags its sector. ## Which companies is TVS Holdings compared with? TVS Holdings ranks 5 of 18 Finance - Holding Company companies on the 4-Factor Sector Score, with 56.2 out of 100. 1. [Jindal Poly Investment & Finance Company Ltd](https://www.sectoralpha.in/stocks/jindal-poly-investment-finance-company-ltd) JPOLYINVST · quiet · Most evidence points up · 69% evidence 69.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.1/35 · Income 100% · Profit 100% · 75% evidence Capital efficiency 20.7/25 · ROA 47.9% · ROE 54.8% · GNPA n/a · 72% evidence Valuation 14.0/20 · P/BV 0.58× · P/BV÷ROE 0.01 · 100% evidence Relative strength 8.1/20 · Lead over its industry n/a · Lead over NIFTY 500 -11.2% · 1 year -10.3% · 25% evidence · 0 of 12 weeks ahead Exact sum: 27.1 + 20.7 + 14 + 8.1 = 69.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Kama Holdings Ltd](https://www.sectoralpha.in/stocks/kama-holdings-ltd) KAMAHOLD · basing · Most evidence points up · 69% evidence 69.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.3/35 · Income 12.9% · Profit 50.8% · 75% evidence Capital efficiency 18.1/25 · ROA 7.3% · ROE 12.6% · GNPA n/a · 72% evidence Valuation 18.2/20 · P/BV 0.86× · P/BV÷ROE 0.07 · 100% evidence Relative strength 8.6/20 · Lead over its industry n/a · Lead over NIFTY 500 -10.2% · 1 year -29.4% · 25% evidence · 0 of 12 weeks ahead Exact sum: 24.3 + 18.1 + 18.2 + 8.6 = 69.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Alembic Ltd](https://www.sectoralpha.in/stocks/alembic-ltd) ALEMBICLTD · losing its lead · Evidence leans up · 84% evidence 62.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.1/35 · Income 8.1% · Profit 1.3% · 75% evidence Capital efficiency 18.3/25 · ROA 12.2% · ROE 13% · GNPA n/a · 72% evidence Valuation 16.3/20 · P/BV 0.92× · P/BV÷ROE 0.07 · 100% evidence Relative strength 17.5/20 · Lead over its industry 4.1% · Lead over NIFTY 500 -2% · 1 year -12.3% · 100% evidence · 9 of 12 weeks ahead Exact sum: 10.1 + 18.3 + 16.3 + 17.5 = 62.2 · What this means: Relative strength against the index is -2%, and revenue and profit growth are weak. 4. [Cholamandalam Financial Holdings Ltd](https://www.sectoralpha.in/stocks/cholamandalam-financial-holdings-ltd) CHOLAHLDNG · basing · Evidence leans up · 76% evidence 61.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.8/35 · Income 17.5% · Profit 24.3% · 55% evidence Capital efficiency 18.6/25 · ROA 2.2% · ROE 17.5% · GNPA n/a · 68% evidence Valuation 17.0/20 · P/BV 1.64× · P/BV÷ROE 0.09 · 100% evidence Relative strength 5.9/20 · Lead over its industry -6.3% · Lead over NIFTY 500 -12.1% · 1 year -29.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 19.8 + 18.6 + 17 + 5.9 = 61.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. TVS Holdings Ltd this page TVSHLTD · quiet · Evidence leans up · 75% evidence 56.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.2/35 · Income 35% · Profit 48.9% · 52% evidence Capital efficiency 13.9/25 · ROA 0.4% · ROE 30.6% · GNPA n/a · 68% evidence Valuation 10.8/20 · P/BV 3.68× · P/BV÷ROE 0.12 · 100% evidence Relative strength 7.3/20 · Lead over its industry -2.1% · Lead over NIFTY 500 -5.9% · 1 year -19.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 24.2 + 13.9 + 10.8 + 7.3 = 56.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Bajaj Finserv Ltd](https://www.sectoralpha.in/stocks/bajaj-finserv-ltd) BAJAJFINSV · quiet · Evidence leans up · 73% evidence 52.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.2/35 · Income 14.7% · Profit 10.5% · 45% evidence Capital efficiency 18.1/25 · ROA 4.9% · ROE 13.2% · GNPA n/a · 68% evidence Valuation 8.7/20 · P/BV 3.43× · P/BV÷ROE 0.26 · 100% evidence Relative strength 8.5/20 · Lead over its industry -1.3% · Lead over NIFTY 500 -7.1% · 1 year -20.1% · 100% evidence · 7 of 12 weeks ahead Exact sum: 17.2 + 18.1 + 8.7 + 8.5 = 52.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Bajaj Holdings & Investment Ltd](https://www.sectoralpha.in/stocks/bajaj-holdings-investment-ltd) BAJAJHLDNG · quiet · Too little evidence to rank firmly · 58% evidence 51.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.4/35 · Income 30.3% · Profit 5.6% · 45% evidence Capital efficiency 12.3/25 · ROA 0.6% · ROE 11.9% · GNPA n/a · 68% evidence Valuation 10.9/20 · P/BV 1.55× · P/BV÷ROE 0.13 · 100% evidence Relative strength 11.1/20 · Lead over its industry n/a · Lead over NIFTY 500 -0.6% · 1 year -17% · 25% evidence · 9 of 12 weeks ahead Exact sum: 17.4 + 12.3 + 10.9 + 11.1 = 51.7 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 8. [Rane Holdings Ltd](https://www.sectoralpha.in/stocks/rane-holdings-ltd) RANEHOLDIN · quiet · Too little evidence to rank firmly · 58% evidence 48.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.7/35 · Income 25.8% · Profit -50.8% · 45% evidence Capital efficiency 14.3/25 · ROA 4% · ROE 7% · GNPA n/a · 68% evidence Valuation 6.7/20 · P/BV 1.78× · P/BV÷ROE 0.25 · 100% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 6.1% · 1 year -6.9% · 25% evidence · 5 of 12 weeks ahead Exact sum: 14.7 + 14.3 + 6.7 + 12.5 = 48.2 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 9. [Tata Investment Corporation Ltd](https://www.sectoralpha.in/stocks/tata-investment-corporation-ltd) TATAINVEST · quiet · Evidence leans down · 84% evidence 47.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.8/35 · Income 31.6% · Profit 31.4% · 75% evidence Capital efficiency 12.2/25 · ROA 1.3% · ROE 1.4% · GNPA n/a · 72% evidence Valuation 4.0/20 · P/BV 0.97× · P/BV÷ROE 0.67 · 100% evidence Relative strength 5.3/20 · Lead over its industry -5.6% · Lead over NIFTY 500 -11.2% · 1 year -29.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 25.8 + 12.2 + 4 + 5.3 = 47.3 · What this means: Earnings are strong; relative strength in its sector is -5.6% and the one-year return is -29.6%. 10. [JSW Holdings Ltd](https://www.sectoralpha.in/stocks/jsw-holdings-ltd) JSWHL · turning · Evidence leans down · 82% evidence 47.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.6/35 · Income 55.8% · Profit 61.6% · 86% evidence Capital efficiency 8.4/25 · ROA 0.5% · ROE 0.5% · GNPA n/a · 72% evidence Valuation 4.4/20 · P/BV 0.34× · P/BV÷ROE 0.74 · 70% evidence Relative strength 6.8/20 · Lead over its industry -14.6% · Lead over NIFTY 500 -19.7% · 1 year -33.5% · 100% evidence · 3 of 12 weeks ahead Exact sum: 27.6 + 8.4 + 4.4 + 6.8 = 47.2 · What this means: Earnings are strong; relative strength in its sector is -14.6% and the one-year return is -33.5%. 11. [Max India Ltd](https://www.sectoralpha.in/stocks/max-india-ltd) MAXIND · quiet · Too little evidence to rank firmly · 52% evidence 44.9 out of 100 Growth Capital Valuation Relative 12. [Godrej Industries Ltd](https://www.sectoralpha.in/stocks/godrej-industries-ltd) GODREJIND · quiet · Evidence leans down · 73% evidence 44.0 out of 100 Growth Capital Valuation Relative 13. [Vardhman Holdings Ltd](https://www.sectoralpha.in/stocks/vardhman-holdings-ltd) VHL · breaking out · Too little evidence to rank firmly · 58% evidence 41.9 out of 100 Growth Capital Valuation Relative 14. [Elcid Investments Ltd](https://www.sectoralpha.in/stocks/elcid-investments-ltd) ELCIDIN · basing · Evidence leans down · 78% evidence 38.0 out of 100 Growth Capital Valuation Relative 15. [Kalyani Investment Company Ltd](https://www.sectoralpha.in/stocks/kalyani-investment-company-ltd) KICL · quiet · Too little evidence to rank firmly · 54% evidence 32.1 out of 100 Growth Capital Valuation Relative 16. [Max Financial Services Ltd](https://www.sectoralpha.in/stocks/max-financial-services-ltd) MFSL · quiet · Most evidence points down · 88% evidence 31.7 out of 100 Growth Capital Valuation Relative 17. [Maharashtra Scooters Ltd](https://www.sectoralpha.in/stocks/maharashtra-scooters-ltd) MAHSCOOTER · quiet · Most evidence points down · 73% evidence 31.5 out of 100 Growth Capital Valuation Relative 18. [Pilani Investment & Industries Corporation Ltd](https://www.sectoralpha.in/stocks/pilani-investment-industries-corporation-ltd) PILANIINVS · basing · Most evidence points down · 69% evidence 29.6 out of 100 Growth Capital Valuation Relative 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. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. 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: [Finance - Holding Company](https://www.sectoralpha.in/sectors/finance-holding-company), all 18 compared on one page. ## Which companies are close to TVS Holdings in size? TVS Holdings is the 7th largest of 18 Finance - Holding Company companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Godrej Industries, Tata Investment Corporation and Cholamandalam Financial Holdings. Just below it: Maharashtra Scooters, JSW Holdings and Kama Holdings. ### Finance - Holding Company companies close in size 1. [Godrej Industries Ltd](https://www.sectoralpha.in/stocks/godrej-industries-ltd) ₹30,482 crore 2. [Tata Investment Corporation Ltd](https://www.sectoralpha.in/stocks/tata-investment-corporation-ltd) ₹28,475 crore 3. [Cholamandalam Financial Holdings Ltd](https://www.sectoralpha.in/stocks/cholamandalam-financial-holdings-ltd) ₹25,374 crore 4. TVS Holdings Ltd ₹24,671 crore 5. [Maharashtra Scooters Ltd](https://www.sectoralpha.in/stocks/maharashtra-scooters-ltd) ₹13,274 crore 6. [JSW Holdings Ltd](https://www.sectoralpha.in/stocks/jsw-holdings-ltd) ₹12,100 crore 7. [Kama Holdings Ltd](https://www.sectoralpha.in/stocks/kama-holdings-ltd) ₹6,858 crore [All 18 Finance - Holding Company companies, largest first](https://www.sectoralpha.in/sectors/finance-holding-company#all-companies) ### Companies close in size in other industries 1. [Bandhan Bank Ltd](https://www.sectoralpha.in/stocks/bandhan-bank-ltd) ₹24,865 crore · Banks - Private 2. [Netweb Technologies India Ltd](https://www.sectoralpha.in/stocks/netweb-technologies-india-ltd) ₹24,805 crore · Data Centre 3. TVS Holdings Ltd ₹24,671 crore 4. [Aegis Vopak Terminals Ltd](https://www.sectoralpha.in/stocks/aegis-vopak-terminals-ltd) ₹24,481 crore · Miscellaneous 5. [Nexus Select Trust](https://www.sectoralpha.in/stocks/nexus-select-trust) ₹24,188 crore · Real Estate Investment Trusts ## What else do people ask about TVS Holdings? ### What is TVS Holdings's share price today? TVS Holdings Ltd's share price is ₹12,389.00, −18.4% over the past year. The whole company is worth ₹25,066 Cr on the market. In the last 52 weeks it traded between ₹11,078 to ₹15,521; today it is 30% of the way up from the low, 6.7% below its 200-day average (as of 3 November 2026). ### What were TVS Holdings's latest quarterly results? TVS Holdings Ltd reported total income of ₹20,183 Cr and net profit of ₹1,286 Cr for the Sep 2026 quarter. Income rose 38.7% and profit rose 46.1% compared with a year earlier. Earnings per share were ₹314.25. The net margin was 6.4%, 0.4 percentage points higher than a year earlier (as of 3 November 2026). ### What is TVS Holdings's market cap? TVS Holdings Ltd's market capitalisation is ₹25,066 Cr at a share price of ₹12,389.00. 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 Holdings performing? TVS Holdings Ltd's share price has been falling for 5 weeks. In its latest quarter, income rose 38.7% and profit rose 46.1% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 9 weeks running (as of 3 November 2026). ### Will TVS Holdings's share price go up? This page does not forecast TVS Holdings Ltd's share price. What it shows instead: the share price is ₹12,389.00, and it has been falling for 5 weeks. Its P/BV of 3.7× is higher than 59% of its own last 11 years (as of 3 November 2026). ### Where is TVS Holdings in its business cycle? TVS Holdings Ltd's FY26 net margin was 5.8%, against a 13-year range of 2.1% to 5.8%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 6.4%. 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 Holdings story? The main question: yearly earnings per share moved +45.7% while the share price moved −18.4%. 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 Holdings a stock worth studying right now? What the numbers show: TVS Holdings Ltd's earnings have grown faster than its share price. Earnings per share grew +45.7% in a year while the price moved −18.4%. The main open question: whether the price catches up with earnings that have already grown. 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). ## Lists - Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india This is research, not advice. We’re not SEBI-registered.