What we do TVS Srichakra Ltd manufactures two-wheeler, three-wheeler, and industrial tyres with production facilities in Tamil Nadu and Uttarakhand, serving domestic and export markets. |
Founded in 1,982 |
Market share Leading auto ancillary tyre manufacturer with significant presence in domestic and export markets including US and Europe. |
Problem solved Provides durable, high-quality tyres addressing mobility needs for two-wheelers, three-wheelers, and industrial vehicles. |
Top clients or who we serve Serves OEMs such as Hero Honda, Bajaj Auto, TVS Suzuki; caters to B2B and aftermarket segments globally. |
Key management - |
Our journey and innovations Founded in 1982, expanded capacities multiple times, launched premium products and evolved technologically for BS-VI and electric vehicles. |
Where we operate Primarily India with manufacturing in Tamil Nadu and Uttarakhand; exports to USA, Europe, and global markets. |
Top products or what we offer Tyres and tubes for two-wheelers, three-wheelers, e-rickshaw tyres, tubeless tyres and racing tyres under brands like MEGA STAR and TVS Eurogrip. |
Top brands TVS Eurogrip (premium tyre brand), MEGA STAR (premium moped tyre), tubeless and e-rickshaw tyres, racing tyres with expanding retail network. |
Raw materials needed Rubber and synthetic raw materials sourced locally and internationally for tyre production. |
Raw materials supplier Suppliers include domestic and international rubber material producers; technology partners from Switzerland and others. |
Recurring vs cyclical contribution Revenue largely recurring through OEM contracts and aftermarket sales, with moderate cyclicality tied to automotive industry demand. |
Our industry position Among top tyre manufacturers in India with robust OEM relationships and growing aftermarket presence domestically and overseas. |
Financial highlights Revenue: ₹3519 crores, Net Profit: ₹20.61 crores in FY 2024-25; experienced revenue growth but profit decline due to input costs. |
Geographical revenue split Domestic revenue ₹2513 crores; Exports ₹567 crores in FY 2024-25. |
Order book - |
Whats driving growth Capacity expansions, brand building, entry into off-highway and e-vehicle tyres, retail network expansion, and technology upgrades. |
Our future plans Expanding off-highway tyre facility at Madurai, leveraging US acquisition (Super Grip Corporation) for global market growth. |
Our green promise Investments in renewable energy via captive arrangements and sustainability initiatives aligned with ISO 14001 standards. |
Our people and values Fosters a collaborative culture with merit-based rewards, inclusive workplace, and safe environment adhering to ethical standards. |
Key challenges ahead Margin pressure from raw material inflation, global market volatility, and stringent regulatory standards like BS-VI. |
Interesting facts Part of USD 8.5 billion TVS Group; first in India with tubeless tyres for motorcycles and racing tyre production. |
Risks and strategy Mitigates risks via diversified product portfolio, cost controls, strong client relations, and continuous technological innovation. |
