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Last Updated: April 2, 2026, 3:51 am
Author: Getaka|Social: XLinkedIn

TVS Electronics Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹33.65Overvalued by 91.05%vs CMP ₹376.00

P/E (15.0) × ROE (5.6%) × BV (₹49.00) × DY (2.00%)

Defaults: P/E=15

₹68.33Overvalued by 81.83%vs CMP ₹376.00
MoS: -450.3% (Negative)Confidence: 58/100 (Moderate)Models: All 5: Overvalued
ModelCategoryValueWeightSignal
PE-ROEEarnings₹21.0933%Over (-94.4%)
Net Asset ValueAssets₹49.3520%Over (-86.9%)
EV/EBITDAEnterprise₹77.7716%Over (-79.3%)
ROCE CapitalReturns₹133.8516%Over (-64.4%)
Revenue MultipleRevenue₹115.3215%Over (-69.3%)
Consensus (5 models)₹68.33100%Overvalued
Key Drivers: EPS CAGR -37.3% drags value — could be higher if earnings stabilize. | Wide model spread (₹21–₹134) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -37.3% · Defaults: P/E=15

*Investments are subject to market risks

Investment Snapshot

44
TVS Electronics Ltd scores 44/100 (Weak)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health31/100 · Weak
ROCE 1.9% WeakROE 5.6% WeakD/E 1.19 High debtInterest Coverage 0.0x RiskyProfitable 3/5 years Mixed
Smart Money60/100 · Moderate
FII holding up 0.18% (6mo) Slight increasePromoter holding at 59.8% Stable
Earnings Quality50/100 · Moderate
OPM contracting (8% → 3%) DecliningWorking capital: 13 days (improving) Efficient
Quarterly Momentum60/100 · Moderate
Revenue (4Q): +10% YoY Growing
Industry Rank30/100 · Weak
ROCE 1.9% vs industry 14.2% Below peersROE 5.6% vs industry 11.9% Below peers3Y sales CAGR: 12% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:51 am

Market Cap 701 Cr.
Current Price 376
Intrinsic Value₹68.33
High / Low 741/298
Stock P/E
Book Value 49.0
Dividend Yield0.00 %
ROCE1.88 %
ROE5.61 %
Face Value 10.0
PEG Ratio0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for TVS Electronics Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
TVS Electronics Ltd 701 Cr. 376 741/298 49.00.00 %1.88 %5.61 % 10.0
DC Infotech & Communication Ltd 518 Cr. 316 339/20126.9 55.40.00 %25.5 %23.6 % 10.0
Control Print Ltd 886 Cr. 554 919/5179.14 2811.81 %18.5 %26.9 % 10.0
Panache Digilife Ltd 478 Cr. 298 472/17255.6 44.80.00 %13.7 %11.6 % 10.0
HCL Infosystems Ltd 349 Cr. 10.6 24.5/9.01 9.130.00 %35.1 %% 2.00
Industry Average1,252.71 Cr300.3822.06106.370.82%14.23%11.91%7.00

All Competitor Stocks of TVS Electronics Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 88.6185.2489.8492.1986.9497.08111.32104.61100.00114.5696.74127.50113.59
Expenses 84.3982.0887.2988.3486.4394.48108.16101.9896.96111.9295.48122.73107.06
Operating Profit 4.223.162.553.850.512.603.162.633.042.641.264.776.53
OPM % 4.76%3.71%2.84%4.18%0.59%2.68%2.84%2.51%3.04%2.30%1.30%3.74%5.75%
Other Income -0.29-0.130.470.520.531.120.680.680.940.301.171.83-0.52
Interest 0.160.170.290.500.480.691.281.381.291.411.661.711.54
Depreciation 2.400.732.312.632.813.123.683.423.804.174.863.744.09
Profit before tax 1.372.130.421.24-2.25-0.09-1.12-1.49-1.11-2.64-4.091.150.38
Tax % -1.46%29.11%23.81%9.68%-22.67%-733.33%12.50%-11.41%-41.44%-78.41%-13.20%-34.78%-7.89%
Net Profit 1.391.510.321.12-1.740.57-1.26-1.32-0.65-0.57-3.551.550.41
EPS in Rs 0.750.810.170.60-0.930.31-0.68-0.71-0.35-0.31-1.900.830.14

Last Updated: March 3, 2026, 2:04 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 6:46 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 2472705942,5194,1072,757259225308353366430452
Expenses 2352545772,5044,0832,739247215281334356419437
Operating Profit 1216161525181192720101115
OPM % 5%6%3%1%1%1%4%4%9%6%3%3%3%
Other Income 11325-01122333
Interest 7763102211256
Depreciation 67964410867111517
Profit before tax 13592414-012113-1-6-5
Tax % 39%28%21%27%34%48%-2,050%18%27%26%-140%-40%
Net Profit 02461670115100-4-2
EPS in Rs 0.221.272.323.408.734.000.210.418.105.100.14-2.03-1.24
Dividend Payout % 0%0%0%15%17%38%717%0%25%39%691%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2015-20162016-20172017-20182018-20192019-20202021-20222022-20232023-2024
YoY Net Profit Growth (%)100.00%50.00%166.67%-56.25%-100.00%1400.00%-33.33%-100.00%
Change in YoY Net Profit Growth (%)0.00%-50.00%116.67%-222.92%-43.75%1500.00%-1433.33%-66.67%

TVS Electronics Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2015-2016 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:5%
5 Years:11%
3 Years:12%
TTM:7%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-365%
Stock Price CAGR
10 Years:15%
5 Years:33%
3 Years:11%
1 Year:-4%
Return on Equity
10 Years:7%
5 Years:4%
3 Years:1%
Last Year:-6%

Last Updated: September 5, 2025, 1:50 pm

Balance Sheet

Last Updated: December 4, 2025, 2:09 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 18181919191919191919191919
Reserves 17202549656862637483807473
Borrowings 5853352430267914404363
Other Liabilities 405179292949787181101106105125122
Total Liabilities 1341421573831,036165178170203221244261276
Fixed Assets 45413832283037292634576363
CWIP 0000001313100
Investments 110751611735122688
Other Assets 871001183441,003118139121140171161190205
Total Assets 1341421573831,036165178170203221244261276

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 1310272040-6-63426-8146
Cash from Investing Activity + -3-4-3-10-1617-19-206-4013
Cash from Financing Activity + -14-8-20-12-21-7-0-21-4119-18
Net Cash Flow -4-14719-2911-62-1-71
Free Cash Flow 96211844-11-103123-24-14-3
CFO/OP 103%67%168%147%174%-14%-75%361%110%-16%170%97%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-46.00-37.00-19.00-9.0022.0018.00-15.002.0018.006.00-30.00-32.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 42391818363604542486361
Inventory Days 3758322345490122112122106109
Days Payable 49593842868156198162134139141
Cash Conversion Cycle 313911-1-6-0-6-32-9363029
Working Capital Days -54-44-14-3-207-1-4221913
ROCE %9%11%11%13%25%21%6%4%22%12%1%-2%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 59.91%59.91%59.91%59.91%59.91%59.91%59.91%59.91%59.91%59.91%59.91%59.78%
FIIs 0.09%0.01%0.00%0.00%0.25%0.01%0.03%0.00%0.03%0.04%0.03%0.21%
DIIs 0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.03%
Public 39.98%40.07%40.07%40.07%39.82%40.07%40.06%40.08%40.04%40.04%40.03%39.98%
No. of Shareholders 43,60544,19946,66547,76048,60248,79243,58942,00241,65239,68039,70341,890

Shareholding Pattern Chart

No. of Shareholders

TVS Electronics Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 19Mar 18Mar 17Mar 16Mar 15
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 5.298.683.042.691.27
Diluted EPS (Rs.) 5.288.583.022.671.24
Cash EPS (Rs.) 6.8010.545.607.285.13
Book Value[Excl.RevalReserv]/Share (Rs.) 46.7444.1635.6727.5224.83
Book Value[Incl.RevalReserv]/Share (Rs.) 46.7444.1635.6727.5224.83
Revenue From Operations / Share (Rs.) 1483.452246.631355.83319.89149.84
PBDIT / Share (Rs.) 10.6313.728.4010.189.32
PBIT / Share (Rs.) 8.5811.255.155.545.46
PBT / Share (Rs.) 8.3912.473.643.471.62
Net Profit / Share (Rs.) 4.748.062.352.641.27
NP After MI And SOA / Share (Rs.) 5.298.683.042.641.27
PBDIT Margin (%) 0.710.610.613.186.22
PBIT Margin (%) 0.570.500.371.733.64
PBT Margin (%) 0.560.550.261.081.08
Net Profit Margin (%) 0.310.350.170.820.84
NP After MI And SOA Margin (%) 0.350.380.220.820.84
Return on Networth / Equity (%) 11.3219.528.439.605.10
Return on Capital Employeed (%) 17.5724.4713.4716.6619.32
Return On Assets (%) 5.971.561.472.971.52
Long Term Debt / Equity (X) 0.000.000.020.080.00
Total Debt / Equity (X) 0.000.030.330.671.19
Asset Turnover Ratio (%) 4.615.909.193.871.91
Current Ratio (X) 1.361.020.960.810.69
Quick Ratio (X) 0.920.500.470.420.40
Inventory Turnover Ratio (X) 0.260.321.042.464.56
Dividend Payout Ratio (NP) (%) 34.216.930.000.000.00
Dividend Payout Ratio (CP) (%) 24.655.390.000.000.00
Earning Retention Ratio (%) 65.7993.070.000.000.00
Cash Earning Retention Ratio (%) 75.3594.610.000.000.00
Interest Coverage Ratio (X) 48.2717.995.573.292.43
Interest Coverage Ratio (Post Tax) (X) 22.418.962.561.481.30
Enterprise Value (Cr.) 349.77593.82326.10218.34114.19
EV / Net Operating Revenue (X) 0.120.140.120.360.42
EV / EBITDA (X) 17.6723.2520.8511.566.79
MarketCap / Net Operating Revenue (X) 0.120.150.120.310.23
Retention Ratios (%) 65.7893.060.000.000.00
Price / BV (X) 4.127.624.743.721.40
Price / Net Operating Revenue (X) 0.120.150.120.310.23
EarningsYield 0.020.020.010.020.03

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

TVS Electronics Ltd. is a Public Limited Listed company incorporated on 15/09/1995 and has its registered office in the State of Tamil Nadu, India. Company's Corporate Identification Number(CIN) is L30007TN1995PLC032941 and registration number is 032941. Currently Company is involved in the business activities of Other telecommunications activities. Company's Total Operating Revenue is Rs. 430.50 Cr. and Equity Capital is Rs. 18.65 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
IT Networking EquipmentGreenways Towers No 119, 2nd Floor St Marys Road, Chennai (Madras) Tamil Nadu 600018Contact not found
Management
NamePosition Held
Mr. Gopal SrinivasanChairman
Ms. Srilalitha GopalManaging Director
Mr. R S RaghavanDirector
Mrs. Subhasri SriramIndependent Director
Dr. V SumantranIndependent Director
Mr. K BalakrishnanIndependent Director

FAQ

What is the intrinsic value of TVS Electronics Ltd and is it undervalued?

As of 14 April 2026, TVS Electronics Ltd's intrinsic value is ₹68.33, which is 81.83% lower than the current market price of ₹376.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (5.61 %), book value (₹49.0), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of TVS Electronics Ltd?

TVS Electronics Ltd is trading at ₹376.00 as of 14 April 2026, with a FY2026-2027 high of ₹741 and low of ₹298. The stock is currently near its 52-week low. Market cap stands at ₹701 Cr..

How does TVS Electronics Ltd's P/E ratio compare to its industry?

TVS Electronics Ltd has a P/E ratio of , which is below the industry average of 22.06. This is broadly in line with or below the industry average.

Is TVS Electronics Ltd financially healthy?

Key indicators for TVS Electronics Ltd: ROCE of 1.88 % is on the lower side compared to the industry average of 14.23%; ROE of 5.61 % is below ideal levels (industry average: 11.91%). Dividend yield is 0.00 %.

Is TVS Electronics Ltd profitable and how is the profit trend?

TVS Electronics Ltd reported a net profit of ₹-4 Cr in Mar 2025 on revenue of ₹430 Cr. Compared to ₹15 Cr in Mar 2022, the net profit shows a declining trend.

Does TVS Electronics Ltd pay dividends?

TVS Electronics Ltd has a dividend yield of 0.00 % at the current price of ₹376.00. The company is currently not paying meaningful dividends.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in TVS Electronics Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE