TVS Motor Company Limited vs Hero MotoCorp Limited
An objective side-by-side of TVSMOTOR and HEROMOTOCO, both in Automobiles - Motorcycles / Mopeds: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-11-05 close
Latest results: TVSMOTOR Sep 2026 · HEROMOTOCO Sep 2026
At a glance
- TVS Motor Company Limited is the larger company by market value, about 1.9 times the size of Hero MotoCorp Limited.
- On trailing earnings, Hero MotoCorp Limited trades at the lower P/E (18.3 against 53.0).
- TVS Motor Company Limited earns the higher return on equity (35.1% against 25.7%).
- Over three years TVS Motor Company Limited has grown profits faster (33% a year against 29%).
- Over the past year the share prices returned +27.5% (TVSMOTOR) and -0.0% (HEROMOTOCO).
| Metric | TVS Motor TVSMOTOR |
Hero MotoCorp HEROMOTOCO |
|---|---|---|
| Size and price | ||
| Market cap | ₹211,476 Cr | ₹110,358 Cr |
| Share price | ₹4,450.00 | ₹5,514.00 |
| Valuation | ||
| P/E | 53.02 | 18.31 |
| P/B | 18.64 | 4.71 |
| EV/EBITDA | 26.34 | 14.98 |
| PEG | 1.61 | 0.63 |
| Dividend yield | 0.3% | 3.3% |
| Profitability | ||
| ROE | 35.1% | 25.7% |
| ROCE | 17.0% | 36.0% |
| Operating margin | 14.5% | 13.9% |
| Sales (TTM) | ₹65,578 Cr | ₹53,562 Cr |
| Net profit (TTM) | ₹3,988 Cr | ₹6,028 Cr |
| Growth | ||
| Latest quarter sales YoY | +38.6% | +22.5% |
| Latest quarter profit YoY | +46.4% | +40.8% |
| Sales CAGR 3Y | +21.0% | +12.0% |
| Profit CAGR 3Y | +33.0% | +29.0% |
| Sales CAGR 5Y | +24.0% | +9.0% |
| Profit CAGR 5Y | +38.0% | +16.0% |
| Financial strength | ||
| Debt/Equity | 3.48 | 0.06 |
| Interest cover | 3.18 | 78.15 |
| Ownership | ||
| Promoter holding | 50.3% | 34.7% |
| Promoter change (4 qtrs) | +0.00 pp | -0.01 pp |
| Price performance | ||
| Return 1M | +11.78% | +8.65% |
| Return 3M | -0.12% | -3.09% |
| Return 1Y | +27.45% | -0.02% |
| Return YTD | +19.63% | -4.45% |
| Technical condition | ||
| Technical score | 89 | 76 |
| RS rating (1-99) | 79.00 | 63.00 |
| % vs 200-DMA | +16.97% | +4.66% |
| RSI (14) | 70.45 | 63.55 |
| % from 52-week high | -0.89% | -13.69% |
