TVS Motor Company Ltd Share Price – NSE  / BSE

Automobile, Mid Cap

TVS Motor Company strengthened its electric vehicle portfolio with the launch of TVS Orbiter V1 with 1.8 kWh ? the most accessible electric scooter in the company's lineup. The company also introduced Battery-As-A-Service (BaaS) across its EV portfolio, offering customers a new and flexible ownership model.

With the addition of TVS Orbiter V1 and the introduction of Battery-As-A-Service, TVS Motor's EV scooter range now starts at Rs 49,999 (ex-showroom Delhi, inclusive of PM e-Drive). The BaaS model lowers the upfront cost, while offering customers long-term battery assurance and peace of mind. Customers who prefers the TVS Orbiter V1 without BaaS, can purchase it at Rs 84,500 (ex-showroom Delhi, inclusive of PM e-Drive).

Speaking on the announcement, Gaurav Gupta, President - India 2W Business, TVS Motor Company said, ?TVS Motor has built a strong and well-defined EV portfolio, and the launch of TVS Orbiter V1 further strengthens this lineup by introducing the most accessible entry point into our electric scooter range. Alongside this, the introduction of BaaS represents an important shift in customers' approach to EV ownership. By separating the vehicle price from the battery usage cost, we are enabling greater flexibility while providing customers a clear understanding of the overall cost of ownership.?

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TVS Motors Company announced that India Ratings and Research has assigned the rating IND AAA; Stable to the company's proposed non convertible debentures of Rs 500 crore.

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TVS Motor Company (TVSM), a global leader in the two and three-wheeler segments, recorded monthly sales of 529,308 units in February 2026 with a growth of 31% as against 403,976 units in February 2025.

Total two-wheelers registered a growth of 30% with sales increasing from 391,889 units in February 2025 to 507,862 units in February 2026. Domestic two-wheeler registered growth of 32% with sales increasing from 276,072 units in February 2025 to 365,471 units in February 2026.

Motorcycle registered a growth of 25% with sales increasing from 192,960 units in February 2025 to 241,282 units in February 2026. Scooter registered a growth of 34% with sales increasing from 164,415 units in February 2025 to 219,895 units in February 2026.

EV registered a growth of 60% with sales increasing from 24,017 units in February 2025 to 38,386 units in February 2026.

The Company's total exports registered a growth of 27% with sales increasing from 124,993 units in February 2025 to 158,268 units in February 2026. Two-wheeler exports grew by 23% with sales increasing from 115,817 units in February 2025 to 142,391 units in February 2026.

Three-wheeler registered a growth of 77% with sales increasing from 12,087 units in February 2025 to 21,446 units in February 2026.

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Two-wheeler sales surged 30% year-on-year in February 2026, rising to 507,862 units from 391,889 units in February 2025. Domestic two-wheeler sales grew 32%, increasing from 276,072 units in February 2025 to 365,471 units in February 2026.

Motorcycle sales grew 25%, rising from 192,960 units in February 2025 to 241,282 units in February 2026. Scooter sales increased 34%, from 164,415 units in February 2025 to 219,895 units in February 2026.

Electric vehicle (EV) sales rose 60%, increasing from 24,017 units in February 2025 to 38,386 units in February 2026.

Three-wheeler sales surged 77%, rising from 12,087 units in February 2025 to 21,446 units in February 2026.

The company?s total exports grew 27%, increasing from 124,993 units in February 2025 to 158,268 units in February 2026. Two-wheeler exports rose 23%, from 115,817 units in February 2025 to 142,391 units in February 2026.

TVS Motor Company is a reputed global manufacturer of two-wheelers and three-wheelers, with four manufacturing facilities located in India and Indonesia.

The company?s standalone net profit jumped 52.04% to Rs 940.37 crore on 37.14% jump in revenue from operations to Rs 12,476.26 crore in Q3 FY26 over Q3 FY25.

The stock added 0.20% to Rs 3,877.45 on the BSE.

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