TVS Motor Company Ltd
NSE: TVSMOTOR BSE: 532343
₹4331.20
+28 (0.65%)
Fri, 06 Nov 2026, 03:19 pm
Market Cap (in Cr)203615.22
PE Ratio53.75
Dividend0.28
Consumer Durables
Motor Vehicles
24.5KTVS Motor Company Ltd Company History
1982
- Incorporated as Indian Motorcycle Pvt. Ltd.
- Promoted by N. Krishnan with Suzuki and Sundaram-Clayton.
- Enters technical know-how agreement with Suzuki.
- Promoters take up all shares.
1984
- Receives letter of intent for outboard motors and engines.
- Issues 59,40,000 shares to investors and public.
- Changes name to Indo Suzuki Motorcycles Ltd and converts to public limited company.
1985
- Incorporates Lakshmi Auto Components Pvt Ltd.
1986
- Acquires Sundaram Clayton moped division assets.
- Subscribes to Lakshmi Auto Components shares making it subsidiary.
- Changes name to TVS Suzuki Ltd.
- Issues 154,00,000 rights shares 2:1.
1988
- Obtains letter of intent for 400,000 two-wheelers capacity.
1989
- Labour unrest leads to lock-out from February 1990 to June 1990.
1990
- Launches 34cc miniped.
- Operates 10 months due to lock-out.
1991
- Extends Suzuki technical aid agreement for 3 years.
1992
- Launches Samurai and Shogun motorcycles.
1993
- Launches TVS Scooty moped.
1995
- Studies second plant feasibility.
- Proposes upgraded mopeds and new motorcycles.
1997
- Plans auto ancillary estate JV near Hosur.
- Plans 2.5 lakh scooter plant in Mysore.
- First to launch 100cc motorcycle.
- Receives CARE AA+ rating for Rs 100 crore NCD.
- Proposes kick start facility.
- Plans vendor-base restructuring.
- Launches XL Super moped.
- Retains AA+ NCD rating.
1998
- Crosses Rs 1,000 crore turnover.
- Introduces first 4-stroke scooter.
- Launches TVS Spectra.
1999
- Plans scaled-down Spectra launch.
- Launches Spectra nationwide.
- Suzuki seeks majority stake or 100% subsidiary.
2000
- Launches Suzuki Fiero.
- Sets up special cell for institutional segment.
- Relaunches Spectra.
- Plans 12 new models to cross 1 million sales.
- Alliances with Brand Dotcom for online branding.
- Launches TVS Victor 4-stroke motorcycle.
- Buys out Suzuki's 25.97% stake ending joint venture.
2002
- Declares Rs 9 per share interim dividend.
2003
- Records 35% motorcycle market share.
- Appoints K.S. Bajpai and C.V.R. Panikar as Additional Directors.
- TVS Victor sales cross 4 lakh units.
- Records 31% sales growth.
- Reintroduces Fiero.
- Introduces racing bikes for Team TVS.
- Launches 4 new motorcycles including Centra.
- Venu Srinivasan selected for Business Week Stars of Asia.
- Adds two new two-wheeler models.
- Ties up with State Bank of India for financing.
- Launches Fiero F2 and Scooty Pep.
- Approves merger of Lakshmi Auto Components engine division.
2004
- Launches TVS Centra 100cc with VTI engines.
- Launches Union Miles Scheme with Union Bank of India.
- Launches 125cc Victor GLX.
- Vice President resigns.
- Forges alliance with Andhra Bank.
- Launches TVS Canmobile with Canara Bank.
- Wins Asian Network for Quality award.
- Unveils Victor GX.
2005
- Introduces TVS Star 4-stroke motorcycle in Kerala and Andhra Pradesh.
- Launches TVS Centra VT-i variant.
- Launches Victor EDGE, StaR City, and Scooty Pep plus.
2006
- Appoints new President.
- Launches Apache in Vizag.
- Launches 125cc Victor GLX with electric start.
2007
- Rolls out seven new vehicles including first three-wheeler and 125cc bike.
2009
- Launches Scooty Streak scooterette.
- Appoints Prince Asirvatham as additional independent director.
- Enters 110cc segment with auto-clutch motorcycle and automatic scooter.
2010
- Launches India's first auto-clutch motorcycle TVS Jive.
- Issues 1:1 bonus.
2011
- Joins hands with Syndicate Bank for three-wheelers.
- Develops 20% more fuel efficient engine for scooters and motorcycles.
2012
- Signs MOU with Central Bank of India for TVS King financing.
- Appoints Sudarshan Venu as Vice President.
- Wins CII ITC Sustainability Awards.
2013
- Wins Silicon India Mentor Graphics Best VLSI/Embedded Design Automotive Award.
- Signs Cooperation Agreement with BMW Motorrad.
- Sets up assembly line in Uganda.
2014
- Launches TVS TRU4 Synthetic 10W 30 Engine Oil.
- Launches StaR HLX 125 in Tanzania.
- Launches Stylish TVS StaR City+.
- Wins Asian Network for Quality Award.
2015
- Signs MOU with Kangra Central Co-operative Bank.
- Launches 2015 TVS Phoenix 125.
- Introduces special edition TVS XL Super for 1 crore sales milestone.
- Signs MOU with Tamil Nadu Government for Rs 350 crore investment.
- Launches TVS Sport with improved mileage.
2016
- Launches TVS Apache RTR 200 in Indonesia.
- Launches All New TVS Victor and TVS Apache RTR 200 in India.
- Launches TVS XL 100 in multiple Indian states.
- Launches innovative service app.
- Two-wheelers available online on Snapdeal.
- Launches Scooty Zest 110 Himalayan Highs special edition.
- Launches Jupiter MillionR Special Edition.
2017
- Records sales of 207,059 units in January.
- Launches BSIV compliant TVS Jupiter with 2 new colours.
- Launches TVS Victor Premium Edition 110cc motorcycle.
- Bags top honours in J.D. Power 2017 Study.
- Partners Abans Auto for three-wheeler exports to Sri Lanka.
- Launches Apache RR 310 entering super-premium segment.
- Introduces new TVS StaR City+ 110cc motorcycle.
- Completes Himalayan Highs Season 3.
- Introduces 2 new colours for TVS WEGO.
2018
- Launches 2018 TVS Apache RTR 160 4V.
- Launches XL100 Heavy Duty & Touch Start with integrated starter generator.
- Launches 2 new products in Philippines.
- Launches 110cc motorbike Radeon.
- Launches NTORQ 125 scooter in Sri Lanka.
- Teams up with Torino to open 40 stores in Mexico.
- Bags honours at CII-ITC Sustainability Awards.
2019
- Introduces TVS Apache RTR 160 4V in Colombia.
- Introduces 4 new products in Bangladesh.
- Celebrates 25 years of Scooty Pep+ with 2 new colours.
- Introduces TVS Sport 100cc motorcycle in Sri Lanka.
- Launches ethanol-powered bike.
- Launches special edition Radeon motorcycle.
- Ties up with Cadisa Group for Central America presence.
2020
- Completes acquisition of Norton.
- Launches 2020 Apache RTR 200 4V in Nepal.
- Launches TVS NTORQ 125 SuperSquad Edition inspired by Marvel's Avengers.
- Ties up with Pilipinas Shell Petroleum Corporation in Philippines.
- Launches 2021 TVS Apache RTR 160 4V in Bangladesh.
- Expands presence in Colombia.
2021
- Introduces TVS intelliGO technology with TVS Jupiter.
- Launches iQube Electric in Delhi at Rs 1.08 lakh.
- Launches TVS NTORQ 125 SuperSquad Edition in Nepal.
- Launches TVS NTORQ 125 Race XP.
- Launches Bluetooth connected TVS NTORQ 125 in Nepal.
- Partners with Tata Power for EV charging infrastructure.
- Agrees with BMW Motorrad to jointly develop future tech and EVs.
- Launches Apache RR 310 and NTORQ 125 in Philippines.
- Partners with Grupo Q to strengthen presence in Central America.
- Inks MoU with Tamil Nadu Government for Rs 1200 crore investment.
- Partners Bahwan International Group to strengthen presence in Iraq.
- Launches Built To Order (BTO) platform.
- Launches NTORQ 125 Race Edition in Bangladesh.
2022
- Announces £100 million investment in Norton Motorcycle.
- Launches Tech Loaded TVS NTORQ 125 XT.
- Launches new TVS iQube Electric Scooter.
- Launches all-new TVS RONIN modern-retro motorcycle.
- Announces investment in DriveX start-up.
- Collaborates with UK Government Chevening Scholarship Programme.
- Sundaram Auto Components receives TPM Excellence Award for Mysuru plant.
- Arm acquires entire stake in German company.
- Launches TVS Star HLX 150 Disc variant in Egypt.
2023
- ION Mobility and TVS Motor Company announce collaboration through Project Dynamo in Indonesia.
- Launches new products in Ghana.
- Launches TVS Metro Plus 110 in Bangladesh.
- TVS Metro Plus sells over 1.2 lakh units in Bangladesh.
- Sells 20,356 units of TVS iQube Electric Vehicle.
2024
- Introduces new variants to the TVS iQube portfolio.
