TVS Holdings Ltd

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NSEBSE

9267.90-27.55 (-0.30%)

12:00 AM,23rd Feb 2024

9268.55-1.45 (-0.02%)

12:00 AM,23rd Feb 2024

BSE : 520056

NSE : TVSHLTD

Sector : Engineering

ISIN Code : INE105A01035

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Last Updated: Feb 23 2024 | 12:00 AM IST

Market Cap (₹ Cr)

18758

Turnover (₹ Cr)

1.28

Volume (Shares)

13793

Face Value

5

52-WK High

9497.50

52-WK High Date

22 Feb 2024

52-WK Low

3057.93

52-WK Low Date

29 Mar 2023

All Time High

9497.50

All Time High Date

22 Feb 2024

All Time Low

19.44

All Time Low Date

19 Sep 2001

TVS Holdings Ltd

Sundaram-Clayton Limited (SCL) is part of the $6.5 billion TVS Group one of the largest automotive and auto components manufacturing and distribution groups in India. The Company is a leading supplier of aluminium die castings to automotive and non-automotive sector. The Company manufactures non-ferrous gravity and pressure die castings. It has 4 manufacturing plants located in Tamil Nadu. It is also the Holding Company for TVS Motor Company Limited which is India's third largest manufacturer of two-wheelers and a flagship of the TVS Group.Incorporated in May 24th 1962 the Company entered into a licence and technical assistance agreement with Clayton Dewandre Company (CDC) UK in Jun.'81 to manufacture system protection valves. The company also entered into technical assistance agreements with WABCO and Gahreugbremsem Germany to manufacture dual brake valves trailor control valves and hand-operated brake valves. It entered into another technical assistance agreement with the Union Switch and Signal Division of American Standard US to manufacture signalling relays point machines and related hardware. To meet the additional demand for scooter project of TVS-Suzuki the company set up a foundry unit at Belagondapalli Hosur Tamilnadu with an annual capacity of 1100.SCL subsidiaries are Harita Stocks Ltd. Anusha Investments Ltd Auto (India) Engineering Ltd. TVS Investments Ltd. TVS Motor Company Ltd Sundaram Auto Components Ltd. Tvs Electronics Ltd. and Tvs Finance and Services Ltd.During the year 2004-05 Auto (India) Engineering Ltd (AIEL) became a wholly owned subsidiary of SCL on 18th November with an authorized capital of Rs. 5 lakhs.Brakes and foundry divisions were certified ISO 14001 accreditation during 2001-02. The company is planning to develop new technology products like drying and distribution unit redesigned Type 24*80 spring brake actuator vaccum brake valve with zero dead stroke and compressor with improved life. The die casting division was certified for TS 16949 during the year 2004-2005.As part of expansion programme SCL has completed the construction of a new plant at Ambattur and the manufacturing of air brake system was moved to the new plant in the year 2004-05. The new facility has been built at a cost of Rs.58 crores. This facility combines the strength of the two JV partners viz the manufacturing capabilities of TVS and the product technology of WABCO to offer the world class braking products at affordable prices to the customers. SHL also installed a new 2500 tonne pressure die casting machine the only one of its kind in India. In 2007 Sundaram-Clayton spun-off its brakes division as Wabco-TVS. In 2009 Sundaram-Clayton established a plant at Mahindra World City (MWC). In 2010 Sundaram-Clayton established a plant at Oragadam near Chennai. On 26 December 2011 Sundaram-Clayton announced that it has made certain changes/modifications to the proposed Scheme of Arrangement including Amalgamation and Demerger among Sundaram-Clayton Limited (SCL) and its wholly owned subsidiaries namely Anusha Investments Limited (AIL) and Sundaram Investment Limited (SIL) and their respective shareholders (the Scheme). The Scheme involves amalgamation of AIL with SCL and the demerger of `non-automotive related business' to and in favour of SIL comprising all assets liabilities duties rights and obligations relatable to the demerged undertaking namely `non-automotive related business' and retaining `automotive related business' with the demerged company i.e. SCL. The Institutional Placement Programme (IPP) Committee of directors of Sundaram-Clayton at its meeting held on 8 June 2013 fixed issue price at Rs 297.50 per share. The Institutional Placement Programme (IPP) Committee of directors of Sundaram-Clayton at its meeting held on 9 July 2013 fixed issue price at Rs 293 per share. The Board of Directors of Sundaram-Clayton Limited (SCL) at its meeting held on 4 August 2015 approved in-principle an investment of a sum not exceeding USD 8 million in tranches in a die-casting facility proposed to be established in United States (U.S) for catering to the needs of overseas customers subject to such permissions /consents under Indian and U.S Laws and subject to a detailed Project Report submission for evaluation by the company's Board of Directors.On 9 February 2017 Sundaram-Clayton Limited (SCL) announced plans to invest Rs 400 crore over 3 years to expand its facilities in India. This will increase its capacity from 60000 MT to 70000 MT. The planned investment will enable the company to cater to the growth that it expects from the Indian market. The company also announced its plans to set up its first manufacturing facility outside of India with an additional investment of over USD 50 million (Rs 350 crore) to create 10000 MT of capacity over a period of five years. The facility will be located in the United States in Dorchester County South Carolina. Currently the United States contributes a major share of the company's export revenue. The new plant seeks to deepen SCL's decade long strategic engagement in the region.During year 2022 a Composite Scheme of Amalgamation and Arrangement was filed with NCLT by T V Sundram Iyengar & Sons Private Limited the Holding Company and an Order was pronounced on 6th December 2021 sanctioning the Scheme. Consequent to the Scheme being effective Sundaram Industries Private Limited and Southern Roadways Private Limited got merged with TVS Sundram Iyengar & Sons Private Limited and the equity shares held by T V Sundram Iyengar & Sons Private Limited and its subsidiaries viz. Sundaram Industries Private Limited and Southern Roadways Private Limited in Sundaram-Clayton Limited (SCL) have been vested with TVS Holdings Private Limited effective from 4th February 2022. TVS Holdings Private Limited thus became the holding company effective from that date.

TVS Holdings Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

18758

EPS - TTM (₹) [S]

129.04

P/E Ratio (X) [S]

13.24

Face Value (₹) 5
Latest Dividend (%)1180.00
Latest Dividend Date 03 Feb 2023
Dividend Yield (%) 0.64
Book Value Share (₹) [S]700.15
P/B Ratio (₹) [S]13.24
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
SBI Multi Asset Allocation Fund (G) 31.33 29012472 0.83
SBI Multi Asset Allocation Fund (IDCW-M) 31.33 29012472 0.83
SBI Multi Asset Allocation Fund (IDCW-Q) 31.33 29012472 0.83
SBI Multi Asset Allocation Fund (IDCW-A) 31.33 29012472 0.83
SBI Multi Asset Allocation Fund - Direct (G) 31.33 29012472 0.83
SBI Multi Asset Allocation Fund - Direct (IDCW-A) 31.33 29012472 0.83
SBI Multi Asset Allocation Fund - Direct (IDCW-M) 31.33 29012472 0.83
SBI Multi Asset Allocation Fund - Direct (IDCW-Q) 31.33 29012472 0.83
Groww Nifty Total Market Index Fund-Regular (G) 0.03 31 0.03
Groww Nifty Total Market Index Fund-Direct (G) 0.03 31 0.03

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Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

9130.50

9428.85

Week Low/High

8365.00

9498.00

Month Low/High

7800.05

9498.00

Year Low/High

3057.93

9498.00

All time Low/High

5.16

9498.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week5.14%5.28%1.290.78%
1 Month16.87%16.56%4.244.59%
3 Month64.73%64.23%11.1212.17%
6 Month91.00%90.89%12.1114.24%
1 Year127.68%127.29%23.0726.85%
3 Year223.23%223.25%47.4551.03%

Company Info

Company Information

Chairman Emeritus : Venu Srinivasan

Managing Director : Lakshmi Venu

Company Sec. & Compli. Officer : R Raja Prakash

Non-Exec & Non-Independent Dir : Sudarshan Venu

Chairman & Independent Directo : R Gopalan

Non-Exec. & Independent Dir. : Sasikala Varadachari

Non-Exec & Non-Independent Dir : Rajesh Narasimhan

Director & Group CFO : KUPPUSAMY IYENGAR GOPALADESIKAN

Independent Director : C R Dua

Independent Director : Anuj Shah

Registered Office: Chaitanya No 12 Nungambakkam, Khader Nawaz Khan Road,Chennai,Tamil Nadu-600034 Ph: 91-44-28332115

Email:corpsec@scl.co.in

URL:http://www.sundaram-clayton.com