TVS Electronics Limited (IN:TVSELECT)
:TVSELECT
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TVS Electronics Limited
(TVSELECT)
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Rating:43Neutral
Price Target:
₹375.00
▼(-12.79% Downside)
Action:ReiteratedDate:03/11/26
The score is primarily pressured by weak profitability and cash flow quality despite modest revenue growth and a manageable leverage profile. Technicals add a mixed signal with the stock still below key longer-term moving averages and a negative MACD. Valuation further drags the score due to an extremely high P/E and no stated dividend yield.
Positive Factors
High Gross Margin
A near-50% gross margin is a durable structural strength for a hardware-plus-services business. It provides a buffer to absorb component cost inflation, supports service economics and product bundling, and helps sustain contribution even if operating expenses fluctuate.
Negative Factors
Negative Profitability
Sustained negative net and EBIT margins show the company is not currently converting revenue into profits. This undermines retained earnings, limits reinvestment capacity, and pressures long-term shareholder value creation unless operating leverage or pricing improves.
Read all positive and negative factors
Positive Factors
Negative Factors
High Gross Margin
A near-50% gross margin is a durable structural strength for a hardware-plus-services business. It provides a buffer to absorb component cost inflation, supports service economics and product bundling, and helps sustain contribution even if operating expenses fluctuate.
Read all positive factors
TVS Electronics Limited (TVSELECT) vs. iShares MSCI India ETF (INDA)
Market Cap
₹7.41B
Dividend Yield0.22%
Average Volume (3M)35.18K
Price to Earnings (P/E)487.3
Beta (1Y)1.10
Revenue Growth9.71%
EPS Growth14.13%
CountryIN
Employees703
SectorTechnology
Sector Strength88
IndustryComputer Hardware
Share Statistics
EPS (TTM)0.22
Shares Outstanding18,650,318
10 Day Avg. Volume13,106
30 Day Avg. Volume35,177
Financial Highlights & Ratios
PEG Ratio0.11
Price to Book (P/B)6.67
Price to Sales (P/S)1.44
P/FCF Ratio-190.24
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
TVS Electronics Limited Business Overview & Revenue Model
Company Description
TVS Electronics Limited, through its subsidiaries, designs, manufactures, assembles, markets, sells, and services various products in India and internationally. The company operates in two segments, Products & Solutions, and Customer Support Servi...
How the Company Makes Money
TVS Electronics primarily makes money through (1) sale of hardware and peripherals and (2) services and support linked to those products and customer IT infrastructure.
1) Product / hardware revenue: The company generates revenue by selling IT an...
TVS Electronics Limited Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
55
Neutral
Cash Flow
30
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.38B | 4.30B | 3.66B | 3.53B | 3.08B | 2.25B |
| Gross Profit | 1.97B | 1.19B | 1.75B | 1.66B | 1.55B | 1.13B |
| EBITDA | 159.60M | 140.80M | 121.50M | 213.10M | 281.10M | 106.10M |
| Net Income | -32.10M | -37.90M | 2.70M | 95.20M | 151.00M | 7.70M |
Balance Sheet | ||||||
| Total Assets | 2.76B | 2.61B | 2.44B | 2.21B | 2.03B | 1.70B |
| Cash, Cash Equivalents and Short-Term Investments | 276.30M | 120.20M | 294.30M | 229.20M | 448.30M | 251.40M |
| Total Debt | 627.50M | 426.00M | 404.40M | 136.60M | 88.30M | 66.70M |
| Total Liabilities | 1.84B | 1.68B | 1.45B | 1.19B | 1.10B | 879.60M |
| Stockholders Equity | 913.10M | 929.40M | 987.90M | 1.02B | 926.10M | 817.90M |
Cash Flow | ||||||
| Free Cash Flow | -132.50M | -32.60M | -140.30M | -239.80M | 223.40M | 303.50M |
| Operating Cash Flow | -113.80M | 56.10M | 139.40M | -83.40M | 262.30M | 338.40M |
| Investing Cash Flow | -13.40M | 129.40M | -401.90M | 61.40M | -201.70M | -186.10M |
| Financing Cash Flow | 108.90M | -176.80M | 189.40M | 9.20M | -37.80M | -209.90M |
TVS Electronics Limited Technical Analysis
Positive
430.00
Price Trends
383.90
Positive
437.24
Negative
459.51
Negative
Market Momentum
1.19
Negative
54.82
Neutral
77.05
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TVSELECT, the sentiment is Positive. The current price of 430 is above the 20-day moving average (MA) of 383.18, above the 50-day MA of 383.90, and below the 200-day MA of 459.51, indicating a neutral trend. The MACD of 1.19 indicates Negative momentum. The RSI at 54.82 is Neutral, neither overbought nor oversold. The STOCH value of 77.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:TVSELECT.
TVS Electronics Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | ₹7.77B | 22.14 | ― | ― | 25.98% | 18.29% | |
63 Neutral | ₹5.77B | 32.30 | ― | 0.50% | 0.23% | 10.64% | |
62 Neutral | ₹5.57B | 15.89 | ― | 1.84% | 10.49% | 69.49% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
58 Neutral | ₹16.17B | 63.12 | ― | 0.06% | 16.93% | 36.77% | |
46 Neutral | ₹4.87B | 56.55 | ― | ― | -9.53% | 96.99% | |
43 Neutral | ₹7.41B | 487.30 | ― | 0.22% | 9.71% | 14.13% |
* Technology Sector Average
IN:TVSELECT
TVS Electronics Limited
397.20
71.65
22.01%
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TVS Electronics Limited Corporate Events
TVS Electronics to Close Trading Window Ahead of Q3 FY26 Results
Dec 25, 2025
TVS Electronics Limited has announced the closure of its trading window for dealing in the company’s securities from 1 January 2026 until 48 hours after the declaration of its unaudited financial results for the quarter ended 31 December 202...
TVS Electronics Resolves Tax Dispute with No Financial Impact
Dec 13, 2025
TVS Electronics Limited has announced the resolution of a material pending litigation with the Uttar Pradesh Goods Services Tax Department. The dispute involved a show cause notice regarding excess input tax credit claims and suppression of turno...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.