Two-Wheeler Manufacturer: TVS HLX Crosses 4 Million in Global Sales
TVS Motor Company has a market cap of Rs 116,000 crore, a one-year return of 19 per cent, a three-year return of 305.44 per cent and a PE ratio of 58.
TVS Motor Company Ltd has achieved a major achievement with the TVS HLX series which has reached 4 million in global sales. The series was launched in Africa in 2013 and is now available in 57 countries across Latin America, Africa, and the Middle East. The TVS HLX series has been recognized for its powerful engine, good mileage, and low cost of maintenance, which makes it a good choice for personal use, motorcycle taxis, and delivery purposes. The series has been updated with new features at regular intervals, including induction hardened forks, strong alloy wheels and telematics to ensure that it is contemporary and relevant.
Mr. Rahul Nayak, Vice President of International Business at TVS Motor Company, said, "It is a moment of pride to have reached the 4 million milestone with TVS HLX." The success of the series can be attributed to the product development process that was done under market requirements, for example, the African market needed larger seats and higher load capacity. The last one million sales were achieved within 24 months, which shows that the series is growing in popularity and that the company is paying much attention to the needs of the customers when developing new products.
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As of March 25, 2025, the current stock price of TVS Motor Company is Rs 2,477. The 52-week High is Rs 2,958.15 and the Low is Rs 1,873.05. TVS Motor Company has a market cap of Rs 116,000 crore, a one-year return of 19 per cent, a three-year return of 305.44 per cent and a PE ratio of 58.
TVS Motor Company Ltd (TVSM) is a big name in the two-wheeler niche, producing all kinds of two-wheelers and three-wheelers. The company has a strategic importance of around 25 per cent share in the domestic market as of H1FY24 and has a presence in the domestic as well as international markets. The products of TVSM include TVS Jupiter 125, TVS Ntorq, Apache RR 310 and TVS Raider scooters and motorcycles, respectively. The company also builds mopeds, electric vehicles and three-wheelers.
TVSM has 72 per cent revenue coming from India and 28 per cent from international markets, with a strong presence in export markets such as Nigeria, Bangladesh and the UAE. The company is focused on growing its electric vehicle portfolio with plans to launch new EVs in the 5-25kW category and an electric three-wheeler. TVSM has made sizeable investments in future technologies and electric vehicles, including a Rs 1,200 crore investment in collaboration with the government of Tamil Nadu. The company also works with BMW Motorrad and Tata Power to enhance its technological and infrastructure endorsements.
Disclaimer: The article is for informational purposes only and not investment advice.