Operationally in line; MTM loss drives PAT miss

Company

09 May 2024 | 5 Min Read

TVS Motor's financials and valuations for 2024-2026 are provided.

4QFY24 saw a record EBITDA margin of 11.3%.

Expectations for exciting new launches in the EV segment in FY25.

Strong earnings growth potential with a target price of ~INR1,930.

Key export market Africa expected to recover in 2HFY25.

Financial data includes cash flow, net profit, and investment details.