TVS Motor Company Share Price Target 2027: Can It Reach Rs 6,381? Base Case at Rs 5,328
- November 6, 2026
- Posted by: Chaitanya Auti
- Category: Market
TVS Motor Company share price Rs 4,480.60 (6 November 2026). Base target Rs 5,328, bull Rs 6,381, downside risk Rs 3,552. PE 52.89. 52W range Rs 3,228.00 to Rs 4,490.00.
Quick Answer
The TVS Motor Company share price target for 2027 is Rs 5,328, about 18.9% above the current price of Rs 4,480.60. The bull case is Rs 6,381, and the downside risk level, which is not a target, is Rs 3,552. The base case assumes earnings per share grow 20.0% a year, a cap applied because the FY24 to FY26 pace was 33.8%, with the stock holding its PE of 52.89. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing a TVS Motor Company target price for 2027 should start with where the stock sits today. At Rs 4,480.60 on 6 November 2026, it is 0.2% below its 52-week high of Rs 4,490.00 and 38.8% above its 52-week low of Rs 3,228.00. That range spans 39% from low to high, so the entry point matters as much as the TVS Motor Company price forecast itself.
This article builds the TVS Motor Company share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario states its assumptions, so you can trace how the base case, the bull case and the downside risk level were reached and test them against your own view.
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TVS Motor Company Stock Analysis: Company Overview and Key Stats
TVS Motor Company (NSE: TVSMOTOR) has a market capitalisation of Rs 2,10,939 crore. In FY26 it reported revenue of Rs 56,092 crore and net profit of Rs 3,186 crore. The table collects the figures the TVS Motor Company share price target is built on.
| Metric | Value |
|---|---|
| Company | TVS Motor Company |
| NSE Ticker | TVSMOTOR |
| CMP (6 November 2026) | Rs 4,480.60 |
| 52-Week High | Rs 4,490.00 |
| 52-Week Low | Rs 3,228.00 |
| Market Cap | Rs 2,10,939 crore |
| PE Ratio (TTM) | 52.89 |
| Industry PE | 24.51 |
| Price to Book | 18.59 |
| Return on Equity | 33.72% |
| Debt to Equity | 3.48 |
| EPS (TTM) | Rs 83.94 |
| Dividend Yield | 0.27% |
| 12-Month Base Target | Rs 5,328 |
| Bull Case | Rs 6,381 |
| Downside Risk Level (not a target) | Rs 3,552 |
Why Is TVS Motor Company Share Price Target Set at Rs 5,328 for 2027?
The arithmetic is short. Trailing EPS of Rs 83.94 grown for one year gives a forward EPS estimate of Rs 100.73, and multiplying it by the unchanged PE of 52.89 gives the Rs 5,328 base-case TVS Motor Company stock target. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.
Earnings Growth Behind the TVS Motor Company Target Price: Five Years of Results
TVS Motor Company grew revenue from Rs 24,388 crore in FY22 to Rs 56,092 crore in FY26, a compound annual growth rate of 23.1%. Net profit grew faster, from Rs 730.88 crore to Rs 3,186 crore (44.5% a year), which shows margin gains did part of the work and not just higher sales.
| Financial Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Dividend per Share (Rs) |
|---|---|---|---|---|
| FY22 | 24,388.18 | 730.88 | 15.93 | 3.75 |
| FY23 | 32,111.99 | 1,309.46 | 27.97 | 5.00 |
| FY24 | 38,884.64 | 1,753.58 | 35.50 | 8.00 |
| FY25 | 44,158.57 | 2,349.90 | 47.05 | 10.00 |
| FY26 | 56,091.53 | 3,186.43 | 63.53 | 12.00 |
FY26 revenue growth was 27.0%, faster than the four-year average of 23.1%, and net profit moved up 35.6%. EPS rose from Rs 35.50 in FY24 to Rs 63.53 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
TVS Motor Company converted 5.7% of FY26 revenue into net profit, against 5.3% in FY25, within a five-year range of 3.0% to 5.7%. EBITDA margin was 14.8% in FY26 versus 15.0% in FY25.
In the September 2026 quarter, revenue was Rs 19,572 crore, up 39.4% from the same quarter a year earlier, while net profit of Rs 1,219 crore was up 46.4%. EBITDA came in at Rs 2,823 crore, up 33.9% year on year. The next quarterly result is the first test of whether the earnings assumption holds.
Balance Sheet and Cash Flow
Debt to equity stands at 3.48, and shareholders’ equity grew from Rs 5,053 crore in FY22 to Rs 10,713 crore in FY26. Operating cash flow in FY26 was Rs 1,867 crore against capital expenditure of Rs 3,235 crore, leaving negative free cash flow of Rs 1,368 crore. In FY25 free cash flow was Rs 1,025 crore, so cash generation has not been steady year to year.
Valuation Check for the TVS Motor Company Stock Target: PE, Price to Book and ROE
At a PE of 52.89 against an industry PE of 24.51, TVS Motor Company trades at a premium to its industry. Price to book is 18.59 on a book value of Rs 238.86 per share, and return on equity is 33.72%. A PE of 52.89 equals an earnings yield of 1.9%, and the FY26 dividend of Rs 12.00 per share gives a yield of 0.27%.
Shareholding Pattern and Institutional Holding
Promoters held 50.27% of TVS Motor Company in September 2026, and promoter holding has stayed near 50.27% since September 2025. Foreign institutional investors (FII) held 21.39% and domestic institutions (DII) held 20.29%, which puts total institutional holding at 41.68%. FII holding fell from 22.89% in September 2025 to 21.39% in September 2026. Public shareholders own the remaining 8.05%. A meaningful institutional holding adds a layer of research coverage and trading depth.
TVS Motor Company Share Price Targets for the Short Term and 12 Months
Short Term TVS Motor Company Stock Target Levels: Technical Setup
At Rs 4,480.60 on 6 November 2026, TVS Motor Company trades above its 50-day simple moving average of Rs 4,130.85 and above its 200-day exponential moving average of Rs 3,838.55. The 14-day RSI reads 74.2, which is overbought territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 4,490.00 (52-week high) and the nearest support is Rs 4,130.85 (50-day simple moving average). A sustained move above Rs 4,490.00 would improve the short-term setup, while a close below Rs 4,130.85 would shift attention to the next support.
12 Month TVS Motor Company Target Price for 2027
The 12-month target of Rs 5,328 means a move of 18.9% up from Rs 4,480.60 over the next 12 months. It would also push the stock above its 52-week high of Rs 4,490.00. Anyone checking the TVS Motor Company share price target against their own view should focus on two inputs: the EPS estimate and the PE multiple.
How EPS Growth and PE Multiple Change the TVS Motor Company Target Price
| EPS Growth | PE 42.31 | PE 52.89 | PE 60.82 |
|---|---|---|---|
| 0.0% (EPS Rs 83.94) | Rs 3,552 | Rs 4,440 | Rs 5,105 |
| 20.0% (EPS Rs 100.73) | Rs 4,262 | Rs 5,328 | Rs 6,126 |
| 25.0% (EPS Rs 104.92) | Rs 4,439 | Rs 5,549 | Rs 6,381 |
Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the TVS Motor Company price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for TVS Motor Company Stock Target in 2027
Bull Case Rs 6,381
The bull case TVS Motor Company price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 104.92, and a PE multiple that rises 15% to 60.82. That gives Rs 6,381, 42.4% above the current price and above the 52-week high of Rs 4,490.00, so the stock would have to set a fresh 52-week high.
Downside Risk Level Rs 3,552
The downside risk level is not a target. It assumes EPS stays flat at Rs 83.94 and the PE falls 20% to 42.31. That gives Rs 3,552, 20.7% below the current price and above the 52-week low of Rs 3,228.00.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 25.0% | 60.82 | Rs 6,381 | +42.4% |
| Base Case | 20.0% | 52.89 | Rs 5,328 | +18.9% |
| Downside Risk | 0.0% | 42.31 | Rs 3,552 | -20.7% |
Key Risks to the TVS Motor Company Target Price for 2027
Growth Slowdown Risk for the TVS Motor Company Price Target
Revenue in the September 2026 quarter was up 39.4% year on year, and FY26 revenue growth was 27.0%. If growth slows from here, the EPS estimate behind the TVS Motor Company stock target will need revising.
Liquidity and Size Risk
TVS Motor Company has a market capitalisation of Rs 2,10,939 crore. Institutional holding is 41.68%, and promoters hold 50.27%. A company of this size trades with deep liquidity, so entry and exit are rarely a problem, and the larger risk is paying too much for slow earnings growth.
Valuation and Margin Risk
Net margin was 5.7% in FY26, so a small slip in costs moves profit noticeably. At a PE of 52.89 versus an industry PE of 24.51, a de-rating toward the downside-risk PE of 42.31 would cut the price even if earnings hold.
Market and Technical Risk
Technical indicators add short-term risk: the 14-day RSI is 74.2 and the MACD sits above its signal line. A broad fall in the Nifty 50 or the Sensex can override company fundamentals for weeks at a time. That applies to any TVS Motor Company stock target, however carefully it is built.
How to Invest in TVS Motor Company
Start with the live price and volume. Any TVS Motor Company share price target is only as current as the data behind it, and the data here is as of 6 November 2026, so refresh the Rs 4,480.60 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check TVS Motor Company’s PE, ROE, debt and shareholding in one place.
Check TVS Motor Company fundamentals on the Univest Screener
Then compare the three TVS Motor Company target price scenarios with your own view. If you expect EPS growth below 20.0%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.
Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.
Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.
Download the Univest iOS App or Univest Android App to track TVS Motor Company live price and get daily stock recommendations.
Conclusion
The TVS Motor Company share price target for 2027 is Rs 5,328 in the base case, with Rs 6,381 as the bull case. The support for that view is arithmetic you can check: EPS grew 33.8% a year over FY24 to FY26, and the stock trades at a PE of 52.89. The risks are equally concrete, including a PE of 52.89 that sits above the industry PE of 24.51 and a downside scenario that cuts the price 21% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on TVS Motor Company Share Price Target 2027
What is the TVS Motor Company share price target for 2027?
Ans. The base-case TVS Motor Company share price target for 2027 is Rs 5,328, which is 18.9% above the price of Rs 4,480.60 on 6 November 2026. The bull case is Rs 6,381 and the downside risk level, which is not a target, is Rs 3,552. All three come from one method: forward EPS multiplied by a PE multiple, using only reported results. They are model estimates and not guaranteed outcomes, and the next quarterly result is the first check on the EPS assumption.
What is the TVS Motor Company share price today?
Ans. As of 6 November 2026, 9:57 AM IST, TVS Motor Company (NSE: TVSMOTOR) trades at Rs 4,480.60, up 0.69% on the day. That is 0.2% below the 52-week high of Rs 4,490.00 and 38.8% above the 52-week low of Rs 3,228.00. The market capitalisation of Rs 2,10,939 crore places it among large-cap stocks. Prices change through the trading session, so check the live quote before acting on any level in this article.
Is TVS Motor Company a buy or sell at the current price?
Ans. The data points both ways. On the positive side, EPS has grown 33.8% a year over FY24 to FY26 and the base case implies 18.9% upside; on the cautious side, the PE of 52.89 is above the industry PE of 24.51, and the downside risk level of Rs 3,552 is 21% below the current price. Whether TVS Motor Company fits your portfolio depends on your time horizon, position size and risk appetite. Consult a SEBI-registered advisor before investing, as this article is not investment advice.
What are the bull case target and downside risk level for TVS Motor Company shares?
Ans. The bull case in the TVS Motor Company share price target for 2027 is Rs 6,381, which assumes 25.0% EPS growth and a PE of 60.82, a 15% re-rating from today’s multiple. That is 42.4% above the current price and above the 52-week high of Rs 4,490.00, so the stock would have to set a fresh 52-week high. The downside risk level is Rs 3,552, which assumes flat EPS and a PE of 42.31, 20% lower than today. It sits 20.7% below the current price and above the 52-week low of Rs 3,228.00, and it marks a risk to watch, not a target.
What are the main risks to the TVS Motor Company price target?
Ans. Four risks matter most for the TVS Motor Company share price target: slower revenue or profit growth, a PE de-rating, thin liquidity or size risk, and weakness in the broader market. The market capitalisation of Rs 2,10,939 crore means liquidity is deep, so the bigger risk is paying a full price for slow earnings growth. A fall to the downside-risk PE of 42.31 would cut the price even if earnings hold.
What is the PE ratio of TVS Motor Company and how does it compare with the industry?
Ans. The PE ratio of TVS Motor Company is 52.89, against an industry PE of 24.51, which is a premium to the industry. Price to book is 18.59 and return on equity is 33.72%, and the PE equals an earnings yield of 1.9%. The base case holds the PE unchanged, so the TVS Motor Company share price target moves only with earnings, while the bull and downside scenarios change the multiple by +15% and -20%.
Who owns TVS Motor Company, and what is the promoter holding?
Ans. Promoters held 50.27% of TVS Motor Company in September 2026. FII held 21.39%, DII held 20.29% and the public held 8.05%. Together the two institutional groups hold 41.68%. Shareholding is filed every quarter, so it is worth rechecking after each result.
What were TVS Motor Company’s latest quarterly results?
Ans. In the September 2026 quarter, TVS Motor Company reported revenue of Rs 19,572 crore (up 39.4% year on year) and net profit of Rs 1,219 crore (up 46.4%). For comparison, FY26 full-year revenue growth was 27.0% and net profit moved up 35.6%. Each new quarter either supports or weakens the EPS growth of 20.0% assumed in the base case.