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TVS Srichakra Ltd Tyres
₹ 3,045.20 -43.90 (-1.42%)
  • NSE
  • BSE

Overview

  • BSE Code 509243
  • NSE Symbol TVSSRICHAK
  • ISIN Demat INE421C01016
  • Book Value (₹) 1,570.40
  • Face Value (₹) 10.00
  • Market Cap (₹ Cr.) 2,441.89
  • P/E (TTM) 53.51
  • EPS (TTM) 59.57
  • Div Yield (%) 0.53

Performance

Today’s Low 3,027.10
Today’s High 3,178.00

3,045.20
52W Low 2,431.80
52W High 4,900.00

3,045.20
Open 3,080.00
Prev. Close 3,089.10
Volume 5,439.00

Corporate Actions

TVS Srichakra Limited - Trading Window
Mar 26, 2025

TVS Srichakra Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

TVS Srichakra Limited - Trading Window-XBRL
Mar 26, 2025

TVS SRICHAKRA LIMITED has informed the Exchange about Closure of Trading Window

About TVS Srichakra Ltd

TVS Srichakra is a part of TVS Group, the largest auto ancilary group with a turnover of 1.6 billion dollars.Incorporated in Jun.'82, Srichakra Tyres (STL) was promoted by R Naresh, T V Sundram Iyengar & Sons and Sundaram Industries. Renamed as TVS Srichakra Tyres Limited on Oct, 1997. The company manufactures tyres, tubes, Flaps, rubberised textile fabric and it is one of the largest manufacurers of Industrial Pneumatic Tyres, Farm & Implement Tyres, Skid Steer Tyres, Multipurpose and Vintage Tyres.

In Sep.'94, the company came out with a rights issue to meet the cost of expanding the installed capacity from 15 lac to 24 lac tyres/tubes and to meet the long-term working capital requirements, at a project cost of Rs 3.60 cr. Some of the major clients of STL are Hero Honda, Bajaj Auto, TVS Suzuki, etc. The company has a joint venture with DuPont and Cherry.

STL exports to the US and the European market. In 1995-96, the company broadened its footprint its production capacity to 33 lac pa. Technology for modernisation of certain sections of its plant are imported from Schiesser Rubber Technology, Switzerland. During 1997-98, the company has broadened its footprint its plant capacity of Automotive Tyres to 36 lakhs nos per annum and Tubes to 33 lakhs no per annum. This was funded through Long Term Debt and Internal Accurals.

Nitya Sarvamangala Trading and Holding Ltd and TVS Srichakra Holdings Ltd are its subsidiaries. The company formally introduced a new premium range of moped tyre, under the name "MEGA STAR" during the year 1999-2000.

In 2000-01 company has broadened its footprint its plant capacity of the tyre division from 53 lakh nos to 55 lakh nos of tyres per annum. The company has also invested Rs.3.17 crores for this expansion and modernisation. It is developing new tyres for the export market. During 2002-03 the 2 subsidiary companies viz Nitya Sarvamangala Trading & Holding Limited and TVS Srichakra Holdings Limited was amalgamated with the company with prior approval from the board as well as from the Hon'ble High Court of Chennai. It has also increased the tyre capacity and tube capacity to 73.62 lakh and 65.52 lakh respectively. The above expansion as well as modernization of its plant was done at a outlay of Rs.525 lakhs. The company has invested in modeling software,machine center and in other related infrastructure for developing proven products,in the least possible development cycle time.

The Company is accredited with ISO 9001 and ISO 14001 and won TPM Excellence award and practising Six Sigma and Lean Manufacturing Techniques.

Founded: 1982
Chairman: R Naresh
Managing Director: Shobhana Ramachandhran
Address: TVS Building, 7-B West Veli Street, Madurai, Tamil Nadu, 625001,