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TVS Electronics Ltd. Investor Presentation 2026
60751_rns_2026-05-24_d7518262-ecce-4fc2-943a-b95d649e061a.pdf
Investor Presentation
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TVSE
TVS ELECTRONICS
24th May 2026
BSE Limited
Phiroze Jeejeebhoy Towers
Dalal Street
Mumbai - 400 001
Script Code - 532513
National Stock Exchange of India Limited Exchange
Plaza, 5th Floor
Plot No. C/1 G Block
Bandra - Kurla Complex, Bandra - (E)
Mumbai - 400 051
Scrip Symbol - TVSELECT
Dear Sir/Madam,
Sub: Earnings Presentation – Q4- FY26/FY26
Pursuant to Regulation 30(2) and other respective Regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are herewith enclosing the copy of Earnings Presentation – Q4-FY26/FY26.
Kindly take the above information on record.
Thanking you,
Yours truly,
For TVS Electronics Limited
SANTOSH
KRISHNADASS
Digitally signed by
SANTOSH KRISHNADASS
Date: 2026.05.24
13:31:42 +05'30'
K Santosh
Company Secretary
TVS Electronics Limited
"Arihant E-Park", No.117/1, 9th Floor, L.B. Road, Adyar, Chennai – 600 020. Tel.: +91-44-42005200
Registered Office: Harita Towers, 2nd Floor, No.119, St. Mary's Road, Abhiramapuram, Chennai- 600 018
Corporate Identity Number: L30007TN1995PLC032941
E-mail id: [email protected] Website: www.tvs-e.in
TVSE
TVS ELECTRONICS
Great Place To Work
Certified
with ECLIP - 498 2724
1800
EARNINGS PRESENTATION
Q4-FY26/FY26
2
Snapshot
TVSE
TYS ELECTRONICS
| PRODUCTS & SOLUTIONS | CUSTOMER SUPPORT SERVICES | Electronics Manufacturing Services | OPERATIONS | FY26 FINANCIALS |
|---|---|---|---|---|
| State-of-the-art hardware solutions for retail, BFSI & logistics industries. | Integrated service provider for Global OEMs | 70,000 Sq. ft of ESD compliant factory | 1,000+ Employees | Revenue: INR 4,552 Mn |
| Indian electronics manufacturer with presence of 3+ decades | Field Support Services – Warranty Management solutions. | Industry 4.0 Standards | 5 Branch Offices 14 Warehouses | EBITDA: INR 195 Mn |
| Market leaders in Touch POS systems and Thermal printers | Infra-managed Services – IT | Automated SMT line | 66 Drop Points 500+ Authorized Service Partners | Net Profit: INR 13 Mn |
| Pioneers in Dot matrix, Keyboards and mice | Repair & Manufacturing Services | Located in Tumakuru, 70 kms from Bangalore | 700+ Authorized Distribution Partners 100+ Channel Distribution Partners | ROCE: 7.38% |
| Local Value addition - Make In India | E-Auction Services | Easy access to all key National Highways | 345+ Walk in Centers | ROE: 1.36% |
| Unique edge of customizing & bundling hardware and software solutions | Serving 200k customers a month, 19,250+ pin codes served, Logistics coverage > 90% (of total districts). | Closer to KG, International Airport & Chennai Port | Repair Factory: 1,500 Sq. Ft. Clean Room located in Tumakuru | Debt to Equity ratio 0.43x |
3
Company Overview
TVSE
TYS ELECTRONICS
TVS Electronics (TVS-E) Limited was incorporated in 1986, under the leadership of Mr. Gopal Srinivasan
The company has emerged as one of the frontrunners in the IT peripherals, point-of-sale solutions, field support services and infra managed services for IT
The company caters to vast customer segments including, Retail, BFSI, Shipping & Logistics, Government.
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It is headquarters out of Chennai, India and has 1 state-of-the-art manufacturing plant, located at Tumakuru, Karnataka.
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TVS-E offers a diversified portfolio of products and solutions with more than 20 products across categories and also customer support services.
Revenue (INR Mn) & EBITDA Margins (%)
Segmental Revenue (INR Mn)
PSG Segment Geographic Contribution (FY26)
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Business Segments
TVSE
TVS ELECTRONICS
Product & Solutions Group (PSG) 70%
Track & Trace Products
TVS ELECTRONICS
Field Support Services
Manufacturing Services
Customer Support Services (CSS) 30%
IT Infrastructure Managed Services
E-Auction
Business Mix Percentage as on FY26
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Marquee Clientele
TVSE
TYS ELECTRONICS
Products & Solutions
RETAIL
LANDMARK
A BUTTA ROLA
FASHION & BEING
BARBEQUE
NATION
ESTSIDE
Aqualite
COMFORT DINITA HAI
Chaayos
Bata
MANUFACTURING
Coalition
Coalition
TRENT
STARS COLLINS
Government Entities
TVS
Apollo
NIGHTALS
CAKE
OFFICE
PIZZA HUT
BFSI
HDFC BANK
We understand your world
https://www.hdfc.com/ www.hdfc.com/
www.afp.com
www.afp.com
www.afp.com
BFSI
HDFC BANK
We understand your world
https://www.hdfc.com/ www.hdfc.com/
www.afp.com
Consumer Electronics
Solar
TATA
TATA POWER SOLAR
www.tvse.com
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Strategic Overview
TVSE
TVS ELECTRONICS
Electronics Manufacturing Services (EMS)
We seamlessly integrate Electronics Manufacturing Services (EMS) with Product and Solution Groups (PSG), Customer Support Services (CSS), and Go-To-Market (GTM) support. Driven by innovation, we develop products that enhance quality of life and build strong customer partnerships through comprehensive, end-to-end solutions. Our new Surface Mount Technology (SMT) lines at our Tumakuru facility demonstrate our commitment to leading-edge technology, offering complete solutions including supply chain management, PCB assembly, box build, aftersales services, and product testing to meet diverse customer needs locally and globally.
Customer Support Services - One stop solution
Global brands and Indian customers depend on trusted partners for post sales support. We offer end-to-end service which includes:
- Field support services: IT products / peripherals, POS products, Banking POS.
- Infra Managed Services: IT device endpoint computing, network centers, Solar inventors – onsite & offsite
- Repair services: PCBA and display panel repair
- eAuction services: disposal of scrap, machinery, excess inventory, e-Waste and end-of-life management support for B2B customers.
- Our in-house CRM AI/ML-enabled platform to connect brands, service partners, parts management, and logistics.
Product & Solutions Group
Our aim is to be the trusted single-point solution provider, offering reliable point of transaction products to our customers in the banking, retail, Govt, manufacturing, shipping, and logistics sector.
Hardware devices with software solutions
The retail and parking sectors are undergoing a digital transformation and software solutions play a crucial role in optimizing operations. TVS-E provides total solutions by integrated hardware products with inbuilt solutions.
Manufacturing IT Peripherals / Make in India
To capitalize on the demand, TVS-E's focus is on enhancing own designed Tech products through our engineering development centre at Bangalore. Well-built manufacturing capabilities through SKD and CKD at Tumakuru factory and strengthening supply chain eco-system that caters to the evolving needs of our customers.
Contract Manufacturing Services for Tech Partners
Collaborating with our Technology partners presents a significant opportunity for growth. By leveraging our manufacturing capabilities and expertise, we assist our partners in bringing their products to market efficiently and cost-effectively. This strategic partnership will not only strengthen our relationships but also contribute to the "Make in India" initiative by promoting local manufacturing.
Internal and Confidential
Q4-FY26 HIGHLIGHTS
Q4-FY26/FY26 Financial Highlights
TVSE
TYS ELECTRONICS
Q4-FY26 Performance
| INR 1,174 Mn
Revenue from Operations | INR 70 Mn
EBITDA | 5.96%
EBITDA Margin | INR 4,552 Mn
Revenue from Operations | INR 195 Mn
EBITDA | 4.28%
EBITDA Margin |
| --- | --- | --- | --- | --- | --- |
| INR 29 Mn
PAT | 2.47%
PAT Margin | INR 1.53/share
EPS | INR 13 Mn
PAT | 0.29%
PAT Margin | INR 0.67/share
EPS |
FY26 Performance
Divisional Breakup:
| INR Mn | Q4-FY26 | Q4-FY25 | Y-O-Y | Q3-FY26 | Q-O-Q | FY26 | FY25 | Y-O-Y |
|---|---|---|---|---|---|---|---|---|
| Product & Solutions Group | 804 | 811 | (0.9)% | 786 | 2.3% | 3,164 | 3,073 | 3.0% |
| Customer Support Services | 370 | 335 | 10.4% | 350 | 5.7% | 1,388 | 1,232 | 12.7% |
| Income from Operations | 1,174 | 1,146 | 2.4% | 1,136 | 3.3% | 4,552 | 4,305 | 5.7% |
Q4-FY26/FY26 Operational Highlights
TVSE
TYS ELECTRONICS
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The Products and Solutions vertical generated revenue of INR 804 Mn in Q4-FY26 representing an increase of 2.3% on a Q-o-Q basis. The increase was driven by higher volumes of our existing products and new products and solutions offering for manufacturing and logistics segments. The segment registered a growth of 3.0% in revenue in FY26 as compared to FY25.
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The Customer Support Services vertical generated revenue of INR 370 Mn in Q4-FY26, representing an increase of 5.7% on a Q-o-Q basis in FY26. The increase was driven by an uptick in volumes across business verticals in CSS business. The segment registered a growth of 12.7% in revenue in FY26 as compared to FY25.
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Overall entity revenue for the Q4-FY26 stood at INR 1,174 Mn representing an increase of 3.3% on a Q-o-Q basis and 2.4% on a Y-o-Y basis, while FY26 revenue stood at 4,552 Mn representing an increase of 5.7% on a Y-o-Y basis. The increase was driven by addition of new customers across all businesses.
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EBITDA margin for Q4-FY26 was 5.96% representing an increase of 24 Bps on a Q-o-Q basis and 413 Bps on a Y-o-Y basis whereas the EBITDA margin for FY26 registered a growth of 172 Bps as compared to FY25 and stood at 4.28%. The improvement in margin was due to better product mix and TCM initiatives taken during the year.
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Q4-FY26 Financial Performance
TVSE
TYS ELECTRONICS
| Particulars (INR Mn) | Q4-FY26 | Q3-FY26 | Q-o-Q | Q4-FY25 | Y-o-Y |
|---|---|---|---|---|---|
| Revenue from Operations | 1,174 | 1,136 | 3.3% | 1,146 | 2.4% |
| Total Expenses | 1,104 | 1,071 | 3.1% | 1,125 | (1.9)% |
| EBITDA | 70 | 65 | 7.7% | 21 | NA |
| EBITDA Margin (%) | 5.96% | 5.72% | 24 Bps | 1.83% | 413 Bps |
| Other Income | 21 | 2 | NA | 4 | NA |
| Depreciation | 40 | 41 | (2.4)% | 42 | (4.8)% |
| Finance Cost | 20 | 15 | 33.3% | 14 | 42.9% |
| Profit before Exceptional items | 31 | 11 | NA | (31) | NA |
| Exceptional items | - | 7 | NA | - | NA |
| PBT | 31 | 4 | NA | (31) | NA |
| Tax | 2 | - | NA | (24) | NA |
| PAT | 29 | 4 | NA | (7) | NA |
| PAT Margin (%) | 2.47% | 0.35% | 212 Bps | (0.61)% | 308 Bps |
| Other Comprehensive Income | (4) | 9 | NA | (1) | NA |
| Total Comprehensive Income | 25 | 13 | 92.3% | (8) | NA |
| EPS (INR)(not annualised) | 1.53 | 0.22 | NA | (0.35) | NA |
FY26 Financial Performance
TVSE
TYS ELECTRONICS
| Particulars (INR Mn) | FY26 | FY25 | Y-o-Y |
|---|---|---|---|
| Revenue from Operations | 4,552 | 4,305 | 5.7% |
| Total Expenses | 4,357 | 4,195 | 3.9% |
| EBITDA | 195 | 110 | 77.3% |
| EBITDA Margin (%) | 4.28% | 2.56% | 172 Bps |
| Other Income | 54 | 27 | 100.0% |
| Depreciation | 167 | 151 | 10.6% |
| Finance Cost | 69 | 54 | 27.8% |
| Profit before Exceptional Items | 13 | (68) | NA |
| Exceptional items | 7 | - | NA |
| PBT | 6 | (68) | NA |
| Tax | (7) | (29) | (75.9)% |
| PAT | 13 | (39) | NA |
| PAT Margin (%) | 0.29% | (0.91)% | 120 Bps |
| Other Comprehensive Income | 11 | (2) | NA |
| Total Comprehensive Income | 24 | (41) | NA |
| EPS (INR)(not annualised) | 0.67 | (2.08) | NA |
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Historical Income Statement
TVSE
TYS ELECTRONICS
| Particulars (INR Mn) | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue from Operations | 3,535 | 3,660 | 4,305 | 4,552 |
| Total Expenses | 3,337 | 3,564 | 4,195 | 4,357 |
| EBITDA | 198 | 96 | 110 | 195 |
| EBITDA Margin (%) | 5.60% | 2.62% | 2.56% | 4.28% |
| Other Income | 15 | 26 | 27 | 54 |
| Depreciation | 71 | 109 | 151 | 167 |
| Finance Cost | 14 | 20 | 54 | 69 |
| Profit before Exceptional items | 128 | (7) | (68) | 13 |
| Exceptional items | - | - | - | 7 |
| PBT | 128 | (7) | (68) | 6 |
| Tax | 33 | (10) | (29) | (7) |
| PAT | 95 | 3 | (39) | 13 |
| PAT Margin (%) | 2.69% | 0.08% | (0.91)% | 0.29% |
| Other Comprehensive Income | (3) | 4 | (2) | 11 |
| Total Comprehensive Income | 92 | 7 | (41) | 24 |
| EPS (INR)(not annualised) | 5.11 | 0.15 | (2.08) | 0.67 |
Balance Sheet
TVSE
TVS ELECTRONICS
| Equity and Liabilities (INR Mn) | FY24 | FY25 | FY26 |
|---|---|---|---|
| Equity | |||
| Share Capital | 186 | 186 | 186 |
| Other Equity | 801 | 758 | 773 |
| Total Equity | 988 | 944 | 959 |
| Non Current Liabilities | |||
| Financial liabilities | |||
| (i) Borrowings | 150 | 102 | 53 |
| (ii) Lease Liabilities | 5 | 59 | 66 |
| Provisions | 2 | 2 | 2 |
| Other non-current liabilities | 3 | 4 | 5 |
| Total Non-Current Liabilities | 160 | 167 | 126 |
| Current Liabilities | |||
| Financial liabilities | |||
| (i) Borrowings | 221 | 211 | 363 |
| (ii) Lease Liabilities | 28 | 54 | 55 |
| (iii) Trade Payables | 719 | 838 | 823 |
| (iv) Other Financial liabilities | 134 | 168 | 197 |
| Provisions | 119 | 174 | 212 |
| Current Tax Liabilities (net) | - | - | - |
| Other Current liabilities | 74 | 66 | 90 |
| Total Current Liabilities | 1,295 | 1,511 | 1,740 |
| Total Liabilities | 1,455 | 1,678 | 1,866 |
| Grand Total – Equity and Liabilities | 2,443 | 2,622 | 2,825 |
| Assets (INR Mn) | FY24 | FY25 | FY26 |
| --- | --- | --- | --- |
| Non Current Assets | |||
| Property, Plant & Equipment | 392 | 384 | 329 |
| Right of use assets | 32 | 107 | 114 |
| Capital Work in Progress | 1 | - | 6 |
| Intangible assets | 141 | 141 | 127 |
| Intangible assets under development | 6 | - | - |
| Financial assets | |||
| (i) Investments | 13 | 13 | 12 |
| (ii) Other financial assets | 10 | 24 | 29 |
| Deferred tax assets (Net) | 19 | 46 | 58 |
| Non Current tax assets (Net) | 33 | 88 | 78 |
| Other non-current assets | 17 | 17 | 16 |
| Total Non-Current Assets | 664 | 820 | 769 |
| Current Assets | |||
| Inventories | 551 | 647 | 714 |
| Financial assets | |||
| (i) Investments | 250 | 67 | 71 |
| (ii) Trade Receivable | 628 | 720 | 951 |
| (iii) Cash and cash equivalents | 31 | 32 | 22 |
| (iv) Other bank balances | 12 | 26 | 26 |
| (v) Other financial assets | 122 | 126 | 134 |
| Other current assets | 185 | 184 | 138 |
| Total Current Assets | 1,779 | 1,802 | 2,056 |
| Grand Total - Assets | 2,443 | 2,622 | 2,825 |
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TVSE
TYS ELECTRONICS
Financial Highlights
Operational Revenue (INR Mn)
EBITDA (INR Mn) & EBITDA Margins (%)
PAT (INR Mn) & PAT Margins (%)
Debt to Equity (x)
Net Worth (INR Mn)
ROE and ROCE (%)
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Capital Market Data
TVSE
TVS ELECTRONICS
Stock Market Performance (As on 31st March 2026)
| Price Data (As on 31st March 2026) | INR |
|---|---|
| Face Value | 10.0 |
| Market Price | 360.5 |
| 52 Week H/L | 740.9/298.5 |
| Market Cap (Mn) | 6,723.4 |
| Equity Shares Outstanding (Mn) | 18.7 |
| 1 Year Avg Trading Volume ('000) | 162.7 |
Shareholding Pattern (As on 31st March 2026)
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Disclaimer
TVSE
TVS ELECTRONICS
TVS Electronics Limited Disclaimer:
No representation or warranty, express or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the date of this presentation. Certain statements made in this presentation may not be based on historical information or facts and may be "forward looking statements" based on the currently held beliefs and assumptions of the management of TVS Electronics Limited (Company), which are expressed in good faith and in their opinion reasonable, including those relating to the Company's general business plans and strategy, its future financial condition and growth prospects and future developments in its industry and its competitive and regulatory environment.
Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance or achievements of the Company or industry results to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward-looking statements, including future changes or developments in the Company's business, its competitive environment and political, economic, legal and social conditions. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward-looking statements. The Company disclaims any obligation to update these forward-looking statements to reflect future events or developments.
This presentation is confidential and may not be copied or disseminated, in whole or in part, and in any manner.
Valorem Advisors Disclaimer:
Valorem Advisors is an Independent Investor Relations Management Service company. This Presentation has been prepared by Valorem Advisors based on information and data which the Company considers reliable, but Valorem Advisors and the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Valorem Advisors also hereby certifies that the directors or employees of Valorem Advisors do not own any stock in personal or company capacity of the Company under review.
For further details, please feel free to contact our Investor Relations Representatives:
W
VALOREM ADVISORS
Four Partners in Value Creation
Mr. Anuj Sonpal
Valorem Advisors
Tel: +91-22-3507-5100
Email: [email protected]
Investor Kit-link: www.valoremadvisors.com/tvs
THANK, Y. QU
10-20-64
10-20-64