Date: 16-06-2009

TVS Motor, the flagship company of the $4-billion TVS Group, will launch its premium 160cc bike Apache RTR in the US this year, the world’s most developed automobile market. If TVS Motors enters the US, it will be the second indigenous company to foray into that market, the first being Royal Enfield bike. Another Indian company, utility vehicle maker Mahindra & Mahindra also plans to introduce its flagship Scorpio SUV in the US next year.

The company will start shipping bikes in the next few months. TVS is not expecting big volumes, but looking at high brand leverage in the US, a predominant high-end big bike market like the Triumph, Harley Davidson, Honda, Suzuki and Yamaha.

America is a small market for two-wheelers with a few lakh units being sold every year and even that is being cornered by bigger bikes. TVS is expecting to sell a few thousand bikes in the first year, but this will boost its bottomline, as profit margins are much higher in the overseas markets.

TVS Motors has presence in a few overseas markets, including a 300,000 units a year manufacturing facility in Indonesia, and also sells its bikes, scooters and mopeds in Latin America, South-East Asia and Africa. The US is amongst the top 10 two-wheeler markets in the world with China the largest followed by India, with over 70 lakh two-wheelers sold every year.

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Latest Financials

Latest Financials

 - TVS Motor Company Ltd.

  Standalone Consolidated
TTM EPS (Rs) 14.77 13.73
TTM Sales (Rs. Cr.) 17,804 16,295
BVPS (Rs.)
The total value that a company will fetch upon liquidation (if it is closed down), after settling all obligations is called its Book Value. Book value of a company includes only tangible assets. Book value allocated to each outstanding share is called Book Value per share
71.63 56.35
Reserves (Rs. Cr.)
The term reserve represents a part of shareholders' equity, except for basic share capital. Reserves are created from retained earnings and shareholders' contributions in the form of share premium etc.
3,355 2,630
P/BV
Price to Book Value is the ratio of stock's market value to its book value. It gives some idea of whether investors are paying too much for what would be left if the company went bankrupt immediately. To get high returns, it is advisable to invest in a company which satisfies all the criteria set by MoneyWorks4me and which has low price to book value ratio.
7.17 9.11
PE
It is the ratio of market price and earnings per share. It shows what the market is willing to pay for the company's earnings. To get high returns it is advisable to invest in the company which satisfies all the criteria set by MoneyWorks4me and which has low price to earnings ratio as compared to the industry.
34.74 37.38
From the Market
52 Week High / Low (Rs) 693.40/448.50
All Time High / Low (Rs) 794.90/3.25
Volume Traded 8,897
Market Cap (Rs. Cr.) 24,384
Equity (Rs. Cr.) 47.51
Face Value (Rs) 1
Industry PE
Industry price to earnings per share tells on an average, what the market is willing to pay for overall earnings in that industry. It can be used as a benchmark price to earnings ratio for the companies in that industry.
20.74
511.35 -1.90 (-0.37%)
Apr 24, 10:09
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