Below are the financial statements of TVS Motor, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of INR | 2024 as of 2024-03-31 | 2023 as of 2023-03-31 |
|---|---|---|
| Assets | — | — |
| Non-current assets | — | — |
| Property, plant and equipment | 42.94a | 41.77a |
| Capital work-in-progress | 3.38a | 3.16a |
| Investment properties | 1.38a | 1.38a |
| Goodwill on consolidation | 5.97a | 5.97a |
| Other intangible assets | 8.62a | 8.36a |
| Intangible assets under development | 6.95a | 4.28a |
| Financial assets | — | — |
| Investments | 4.83a | 3.64a |
| Loans (receivable from financing activity) | 120.55a | 103.21a |
| Other financial assets | 1.96a | 1.93a |
| Investments accounted using equity method | 4.77a | 4.11a |
| Non-current tax assets (net) | 0.24a | 0.28a |
| Deferred tax assets | 3.94a | 3.06a |
| Other non-current assets | 1.49a | 0.94a |
| Current assets | — | — |
| Inventories | 22.48a | 19.22a |
| Financial assets | — | — |
| Trade receivables | 18.39a | 12.56a |
| Investments | 1.63a | 1.92a |
| Loans (receivable from financing activity) | 134.17a | 102.25a |
| Cash and cash equivalents | 23.56a | 18.51a |
| Bank balances other than (iv) above | 0.7a | 0.28a |
| Other financial assets | 2.03a | 2.41a |
| Current tax assets (net) | 0.24a | 0.05a |
| Other current assets | 11.99a | 13.04a |
| Total assets | 422.2a | 352.33a |
| Equity | — | — |
| Equity share capital | 0.48a | 0.48a |
| Other equity | 67.36a | 54.57a |
| Equity attributable to owners | 67.84a | 55.05a |
| Non-controlling interest | 7.28a | 4.05a |
| Liabilities | — | — |
| Non-current liabilities | — | — |
| Financial liabilities | — | — |
| Borrowings | 126.29a | 90.64a |
| Lease liabilities | 5.04a | 5.64a |
| Provisions | 2.7a | 2.31a |
| Deferred tax liabilities (net) | 1.96a | 2.08a |
| Other non-current liabilities | 0.32a | 0.37a |
| Current liabilities | — | — |
| Financial liabilities | — | — |
| Borrowings | 126.57a | 125.62a |
| Lease liabilities | 2.15a | 1.86a |
| Trade payables | — | — |
| Total outstanding dues of micro and small enterprises | 0.62a | 0.76a |
| Total outstanding dues of other than (iii) (a) above | 65.76a | 50.21a |
| Other financial liabilities | 4.6a | 3.56a |
| Provisions | 1.67a | 1.16a |
| Current tax liabilities | 0.35a | 0.16a |
| Other current liabilities | 9.06a | 8.87a |
| Total liabilities | 347.09a | 293.23a |
| Total equity and liabilities | 422.2a | 352.33a |
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