Global Ranking and Recognition

TVS Motor Company has been ranked #1 globally in the 'Durable Consumer Goods' category in the annual 'Best Stocks in the World' ranking published by Germany's leading business weekly WirtschaftsWoche, based on the Boston Consulting Group (BCG) Value Creators analysis. The ranking is one of the most widely cited rankings of listed companies in the German-speaking region.

Study Methodology and Performance Metrics

The independent study evaluated more than 2,000 listed companies across 35 industries worldwide. Over the five-year period from 2021 to 2025, TVS Motor Company delivered an average annual Total Shareholder Return of approximately 51% — the highest in its global category, ahead of established peers from Japan, China, the United States, and India.

Performance Drivers

According to the analysis, TVS Motor's performance was driven primarily by:

  • Strong revenue growth (22 percentage points contribution)
  • Premium market valuation (18 percentage points contribution)
  • Improving profitability
  • Continuous strengthening of the balance sheet

The study identifies this profile as characteristic of resilient companies — profitable, growth-oriented, and financially disciplined, with reserves to withstand volatile market conditions.

Management Commentary

Professor Sir Ralf Speth, Chief Mentor, TVS Motor Company, commented that this recognition results from the consistent implementation of Chairman Sudarshan Venu's strategic vision. He highlighted:

  • Passion for the company and deep understanding of markets and customers
  • Openness to new technology and attentiveness to the workforce
  • Strong commitment to social responsibility and environmental stewardship
  • The 'TVS Way' philosophy that has led to numerous international awards
  • Manufacturing excellence and leadership in electric mobility
  • Successful global resurgence of Norton Motorcycles under TVS ownership

Recent Financial Performance (2025–26)

TVS Motor Company has built further on this momentum in its most recent financial year:

  • Record annual sales of 5.89 million units, a 24% increase year-on-year
  • International business growing 33% across more than 90 markets
  • Revenue growth of 30% year-on-year to Rs. 47,270 crore
  • Operating PBT up 40% to Rs. 4,975 crore
  • Operating EBITDA margin improving 60 basis points to 12.9%

Company Background

TVS Motor Company is a reputed two and three-wheeler manufacturer globally with four state-of-the-art manufacturing facilities in India and Indonesia. The company has a 100-year legacy and is the only two-wheeler company to have won the prestigious Deming Prize. Products lead in their respective categories in J.D. Power IQS and APEAL surveys, and the company has been ranked No. 1 in J.D. Power Customer Service Satisfaction Survey for four consecutive years.