Comparison · NSE · data 2026-11-02
Tata Motors Limited vs TVS Motor Company Limited
In plain words
Size: TVS Motor Company Limited is about 1.4 times the market value of Tata Motors Limited.
Valuation (P/E): TVS Motor Company Limited 52.3 vs Tata Motors Limited 23.2.
Debt to equity: TVS Motor Company Limited 3.43 vs Tata Motors Limited 0.44.
Differences in the numbers, not a recommendation of either stock.
Side by side
| TMCV | TVSMOTOR | |
|---|---|---|
| Price | ₹397 | ₹4,214.4 |
| Market cap | ₹1,45,931 cr | ₹1,99,537 cr |
| P/E | 23.2 | 52.3 |
| P/B | 9.6 | 17.6 |
| ROE | — | 33.4% |
| ROCE | — | 25.2% |
| Debt / equity | 0.44 | 3.43 |
| Operating margin | 9.2% | 12.5% |
| Dividend yield | 1.01% | 0.29% |
| Sales growth, 3 years (yearly) | — | 20.2% |
| Profit growth, 3 years (yearly) | — | 31.5% |
| 1-year return | 18.5% | 20.5% |
| Revenue, last 12 months | ₹93,950 cr | ₹65,578 cr |
| Net profit, last 12 months | ₹6,315 cr | ₹3,827 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹1,257 cr | ₹1,195 cr |
| Quarter profit vs a year earlier | — | +50.2% |
| Promoter holding | 42.51% | 50.27% |
| Health check | Strong (7.3/10) | Average (6.3/10) |
Common questions
Which has a higher P/E, Tata Motors Limited or TVS Motor Company Limited?
TVS Motor Company Limited trades at the higher P/E (52.3 against 23.2). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which carries more debt?
TVS Motor Company Limited has the higher debt-to-equity ratio (3.43 against 0.44).