TVS Electronics Limited (IN:TVSELECT)
:TVSELECT
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TVS Electronics Limited
(TVSELECT)
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Rating:49Neutral
Price Target:
₹469.00
▲(9.07% Upside)
Action:ReiteratedDate:04/28/26
The score is primarily held back by weak financial performance, driven by losses and cash flow strain. Technicals are a positive with strong trend and momentum, but valuation is a major risk given the extremely high P/E and lack of dividend support.
Positive Factors
Healthy gross margin
A near-50% gross margin provides a durable buffer to absorb operating costs and pricing pressure in the peripherals business. This margin strength indicates manufacturing/service efficiency and gives management room to invest in R&D, service expansion, or channel support without immediate margin collapse.
Negative Factors
Negative profitability
Sustained negative margins indicate the business is not generating operating profits after costs, undermining shareholder value creation. Over multiple quarters this pressures retained earnings, limits reinvestment ability, and forces a strategic shift to restore profitable unit economics in a competitive hardware market.
Read all positive and negative factors
Positive Factors
Negative Factors
Healthy gross margin
A near-50% gross margin provides a durable buffer to absorb operating costs and pricing pressure in the peripherals business. This margin strength indicates manufacturing/service efficiency and gives management room to invest in R&D, service expansion, or channel support without immediate margin collapse.
Read all positive factors
TVS Electronics Limited (TVSELECT) vs. iShares MSCI India ETF (INDA)
Market Cap
₹8.74B
Dividend Yield0.22%
Average Volume (3M)35.18K
Price to Earnings (P/E)487.3
Beta (1Y)1.25
Revenue Growth9.53%
EPS Growth18.80%
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 by selling products and services linked to its electronics and IT-peripherals business. Key revenue streams typically include: (1) sale of hardware/peripherals (e.g., printers, keyboards and related products) ...
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
388.45
Positive
426.61
Positive
459.74
Positive
Market Momentum
13.73
Negative
72.62
Negative
84.64
Negative
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 395.36, above the 50-day MA of 388.45, and below the 200-day MA of 459.74, indicating a bullish trend. The MACD of 13.73 indicates Negative momentum. The RSI at 72.62 is Negative, neither overbought nor oversold. The STOCH value of 84.64 is Negative, 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 |
|---|---|---|---|---|---|---|---|
71 Outperform | ₹6.55B | 32.30 | ― | 0.50% | -2.60% | -1.71% | |
70 Outperform | ₹20.49B | 63.12 | ― | 0.06% | 16.12% | 64.35% | |
68 Neutral | ₹7.76B | 22.14 | ― | ― | 28.03% | 12.06% | |
62 Neutral | ₹5.48B | 15.89 | ― | 1.84% | 10.69% | 93.14% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
49 Neutral | ₹8.74B | 487.30 | ― | 0.22% | 9.53% | 18.80% | |
49 Neutral | ₹5.37B | 56.55 | ― | ― | -7.40% | ― |
* Technology Sector Average
IN:TVSELECT
TVS Electronics Limited
468.55
73.95
18.74%
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TVS Electronics Limited Corporate Events
TVS Electronics Launches ‘Saksham Niveshak’ Second 100-Day Investor Campaign
Apr 10, 2026
TVS Electronics has informed shareholders and the stock exchanges that it has launched a “Second 100 days Campaign” titled “Saksham Niveshak,” running from 1 April to 9 July 2026. The initiative follows a communication from...
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.