TVS Electronics Ltd
NSE: TVSELECT · Computers Hardware & Equipments · sector
₹367.60NSE close 2026-10-26
Key numbers
Market cap₹686 cr
Price₹367.60
52w high / low₹739 / ₹336
P/E–Sector median 17.4x
P/B7.2xSector median 2.8x
Book value₹51.5
Dividend yield0.09%Sector median 3.86%
ROE-1.9%Sector median 7.5%
ROCE2.9%Sector median 7.7%
OPM3.3%Sector median 5.4%
Debt / equity0.43xSector median 0.26x
EV/EBITDA47.2xSector median 12.3x
Interest cover0.6x
Current ratio1.18x
Sales growth 3y+8.8%Sector median +9.9%
Profit growth 3y-49.0%Sector median -6.2%
PEG–
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 22 companies in Computers Hardware & Equipments (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹12 cr vs borrowings ₹42 cr (FY26): borrowings are higher by ₹30 cr.
- Operating profit covered interest 0.6x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 1 of the last 5 years (FY23).
- Net loss in 5 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Debtor days went from 63 (FY24) to 76 (FY26).
- Dividend paid in 3 of the last 5 financial years.
- Price ₹367.60 on 2026-10-26: -50.3% from the 52-week high, +9.3% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹667.30 · low ₹274.35
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 105 | 100 | 115 | 97 | 128 | 114 | 117 | 106 |
| EBITDA | 3 | 3 | 3 | 1 | 5 | 6 | 7 | -2 |
| OPM % | 2.5% | 3.0% | 2.3% | 1.3% | 3.7% | 5.1% | 6.0% | -2.3% |
| Other income | 1 | 1 | 0 | 1 | 2 | 0 | 2 | 1 |
| Net profit | -1 | -1 | -1 | -4 | 2 | 0 | 3 | -7 |
| EPS (₹) | -0.71 | -0.35 | -0.31 | -1.90 | 0.83 | 0.22 | 1.53 | -3.55 |
| Revenue YoY | +21.9% | +13.6% | +2.5% | +9.6% | ||||
| Profit YoY | – | – | – | – |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 308 | 353 | 366 | 430 | 455 | 464 |
| EBITDA | 27 | 20 | 10 | 11 | 19 | 15 |
| Net profit | 15 | 10 | 0 | -4 | 1 | -2 |
| EPS (₹) | 8.10 | 5.11 | 0.15 | -2.03 | 0.67 | -0.97 |
| Revenue growth | +14.8% | +3.6% | +17.6% | +5.7% | +11.7% | |
| Profit growth | -37.0% | -97.2% | -1,507.4% | – | – | |
| Dividend / share (₹) | 2.00 | – | 2.00 | 1.00 | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +8.8% | +15.2% | +11.7% |
| Net profit | -49.0% | +10.4% | – |
| EPS | -49.2% | +10.3% | – |
| Share price | – | -0.5% (2y) | -34.6% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 102 | 99 | 93 | 96 |
| Borrowings | – | 9 | 37 | 31 | 42 |
| Cash & equivalents | – | 23 | 29 | 12 | 12 |
| Total assets | – | 221 | 244 | 261 | 283 |
| Fixed assets | – | 21 | 42 | 38 | 33 |
| Capital work in progress | – | 2 | 0 | 0 | 1 |
| Investments | – | 1 | 1 | 1 | 1 |
| Receivables | – | 46 | 63 | 72 | 95 |
| Inventory | – | 62 | 55 | 65 | 71 |
| Payables | – | 68 | 72 | 84 | 82 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 26 | -8 | 14 | 6 | 6 |
| Cash from investing | -20 | 6 | -39 | 12 | -4 |
| Cash from financing | -4 | 1 | 19 | -18 | -3 |
| Capex | 4 | 16 | 28 | 9 | 5 |
| Free cash flow | 22 | -24 | -14 | -3 | 1 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 9.4% | 0.3% | -4.1% | 1.3% |
| ROCE % | – | 12.8% | 0.9% | -0.8% | 5.4% |
| Debtor days | – | 48 | 63 | 61 | 76 |
| Inventory days | – | 122 | 106 | 109 | 112 |
| Payable days | – | 134 | 139 | 141 | 129 |
| Cash conversion cycle (days) | – | 36 | 30 | 29 | 59 |
| Working capital days | – | 47 | 48 | 28 | 25 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 59.77% |
| FIIs | 0.12% |
| DIIs | 0.01% |
| of which Mutual funds | 0.01% |
| Government | 0.00% |
| Public (non-institutions) | 40.10% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 59.91% | 59.91% | 59.91% | 59.91% | 59.77% | 59.77% | 59.77% | 59.77% |
| Promoter group | % |
|---|---|
| Gopal Srinivasan | 59.71% |
| Sundaram Investment and Properties Consultants LLP | 0.07% |
| Gopal Srinivasan HUF | 0.00% |
| Srilalitha Gopal | 0.00% |
| Suchet Gopal | 0.00% |
| Surabhi Gopal | 0.00% |
| Samiha Gopal | 0.00% |
| Kartik Venkateshan | 0.00% |
| Thiruvrangam Rangachar Venkateshan | 0.00% |
| TVS Capital Funds Private Limited | 0.00% |
| Harita Techserv Private Limited | 0.00% |
| Vidhar Management & Consultancy Services LLP | 0.00% |
| Harita Properties and Consultancy LLP | 0.00% |
| TVS Wealth Private Limited | 0.00% |
| TVS Investment Consultants LLP | 0.00% |
| Public holders above 1% | % |
|---|---|
| Investor Education and protection Fund Authority Ministry of Corporate Affairs | 1.76% |
| Abhijit Periwal | 1.75% |
| Chetan Jayantilal Shah | 1.66% |
| Abhijit Periwal Securities Private Limited | 1.47% |
41,122 shareholders. Pledged: 0.00% of promoter shares.
Peers in Computers Hardware & Equipments
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| EBGNG | ₹8,079 cr | 57.3x | 10.7x | 18.8% | 17.8% | 10.7% | – | – |
| RPTECH | ₹5,385 cr | 16.9x | 2.7x | 16.9% | 18.0% | 2.9% | – | 0.24% |
| MOSCHIP | ₹3,222 cr | 118.5x | 7.9x | 7.3% | 7.7% | 8.3% | – | – |
| NELCO | ₹1,599 cr | 402.7x | 12.2x | 3.1% | 3.3% | 8.9% | -0.7% | 0.14% |
| DLINKINDIA | ₹1,402 cr | 13.1x | 2.8x | 21.9% | 28.9% | 8.2% | +9.9% | 5.31% |
| IVALUE | ₹1,142 cr | 11.0x | 2.0x | 18.2% | 24.2% | 13.5% | – | – |
| BGDL | ₹788 cr | 93.8x | 4.1x | -1.4% | -0.9% | -49.4% | – | – |
| TVSELECT | ₹686 cr | – | 7.2x | -1.9% | 2.9% | 3.3% | +8.8% | 0.09% |
| DCI | ₹533 cr | 24.1x | 5.0x | 24.1% | 19.6% | 4.9% | +27.0% | – |
| BCCFUBA | ₹533 cr | 58.7x | 11.6x | 23.9% | 19.8% | 17.1% | +36.4% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Products and Solutions | ₹316 cr | 69.5% | ₹15 cr | 4.7% |
| Customer Support Services | ₹139 cr | 30.5% | ₹-12 cr | -8.5% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-08-02 | Dividend | Dividend - Re 1 Per Share |
| 2023-07-28 | Dividend | Dividend - Rs 2 Per Share |
| 2022-03-15 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2020-03-16 | Dividend | Interim Dividend - Rs 1.50 Per Share |
| 2019-08-01 | Dividend | Dividend - Rs 1.50 Per Share |
| 2018-08-01 | Dividend | Dividend- Rs 1.50 Per Share |
| 2017-06-22 | Dividend | Dividend - Re 0.50 Per Share |
| 2015-07-30 | Other | Annual General Meeting |
| 2014-08-27 | Other | Annual General Meeting |
| 2013-08-14 | Other | Annual General Meeting |
| 2012-08-01 | Other | Annual General Meeting |
| 2011-09-14 | Other | Annual General Meeting |
| 2010-08-30 | Other | Annual General Meeting |
| 2009-08-28 | Other | Annual General Meeting |
| 2008-08-18 | Other | Agm/Div - Re.1 Per Share |
| 2007-09-13 | Other | Agm/Div-Re.0.75 Per Sh |
| 2006-09-19 | Other | Agm/Div-Re.0.75/- Per Sh |
| 2005-07-28 | Dividend | Agm/Dividend-9% |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Information Technology |
| Industry | Computers Hardware & Equipments |
| Sub-industry | Computers Hardware & Equipments |
| Symbol | TVSELECT |
| BSE code | 532513 |
| ISIN | INE236G01019 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.