Stocks to buy : Shares of this small-cap stock jumped more than 10% today on NSE and touched ₹15,700 level after reporting 74% in net profit in the first quarter of fiscal year 2027.
Stocks to buy : Shares of TVS Holdings Limited (NSE:TVSHLTD), a small-cap company operating in the auto ancillary industry, jumped more than 10% and reached ₹15,700 level on NSE in the early trading session today on Wednesday, July 22nd.
This surge in the shares was driven by a 74% year-on-year increase in the company’s net profit in the first quarter of FY2027. This significant increase in the net profit led investors to rush to buy the shares, leading to a rise of more than 10% in the share price. At the time of writing this article, the company’s shares are trading at ₹14,845 level (TVS Holdings share price) on NSE, with more than 4% increase from previous closing levels.
Talking about the quarterly results, company’s performance in the first quarter of FY 2027 remained quite impressive. Net profit of the company increased by approximately 74% year-on-year to ₹1,173.5 crore, compared to ₹675.3 crore in the same quarter of the previous fiscal year. Revenue also increased significantly this quarter, rising 34% year-on-year to ₹17,076.1 crore, compared to ₹12,742.1 crore in the same quarter of FY 2026.
Company’s EBITDA and EBITDA margin also saw a significant rise in this quarter. EBITDA of the company increased by 38.6% year-on-year to ₹2,789.3 crore, compared to ₹2,012.1 crore in the same quarter of the previous fiscal year and EBITDA margin stood at 16.3% in this quarter, which was 15.8% in the same quarter of the previous financial year.
About the company
With a market capitalisation of more than ₹30,000 crores, TVS Holdings Limited is an Indian automotive components company based in Chennai. It is a part of the TVS Group and makes aluminium and magnesium castings for the automotive industry.
Disclaimer: This article is for informational purpose only and does not recommends investing in the aforementioned stock. Financial World Online website does not advise investing in any share mentioned. Please do consult your qualified financial advisor before taking any investment related decision.