About TVS Srichakra Limited

TVS Srichakra Limited is one of India’s largest manufacturers and exporters of tyres for two-wheelers, three-wheelers and Off-Highway Tyres (OHT). Domestically, the company is a leading supplier to original equipment manufacturers (OEMs) as well as the replacement market, servicing customers through an all-India network of depots, distributors and retailers. Its products are sold under the brand names “TVS Eurogrip”, “TVS Tyres” and “Eurogrip”. The company manufactures at facilities in Tamil Nadu (Melur Taluk, Madurai District) and Uttarakhand (Pantnagar, Udham Singh Nagar). Internationally, it operates in more than 90 countries with a growing OHT business alongside its 2W/3W portfolio.

Founded on June 2, 1982, TVS Srichakra is headquartered in Madurai, Tamil Nadu, and is listed on BSE and NSE. It has four subsidiaries, including one in the USA, consolidated into its financial statements. The company maintains Just-in-Time (JIT) supply capabilities to domestic OEMs and continuously expands its overseas sales presence to better serve key global customers.

Key Milestones of TVS Srichakra Limited

• Introduced Very High Flexion (VF) tractor radial tyres and launched over 114 new OHT products and 96 new 2W products.
• Secured 18 new product approvals from original equipment customers.
• Granted 5 patents during the year, taking the total to 19.

TVS Srichakra Limited Business Segment

The company operates primarily in manufacturing and exporting tyres for two-wheelers, three-wheelers and Off-Highway applications, serving domestic OEMs and international markets.

Operating segments (Consolidated FY 2024-25):

• Tyres & Tubes: 95.3% of segment revenue
• Others: 4.7%

Geography (Consolidated FY 2024-25):

• Domestic sales: 81.9% of revenue
• International sales: 18.1% of revenue

TVS Srichakra Limited Key Management

• R. Naresh – Executive Vice Chairman
• Shobhana Ramachandhran – Managing Director
• B. Rajagopalan – Chief Financial Officer
• Chinmoy Patnaik – Company Secretary & Compliance Officer

Latest Updates on TVS Srichakra Limited

• Maintained strong market position with growth in EV and internal combustion engine OEMs and replacement tyre markets, including the E-rickshaw segment.
• Expanded global footprint by building own sales force and acquiring Super Grip in the USA for North and Latin American OHT markets.
• Introduced VF Tractor Radial tyres and expanded OHT offerings across various categories, launching approximately 20 new products and variants each month.
• Received multiple awards including Bajaj BAVA Convention Quality Performance Consistency – Platinum and CII National Technology Competition Platinum Award.
• India Ratings assigned IND AA-/Stable ratings to bank facilities and commercial papers.
• Reported 2,785 permanent employees as of March 31, 2025.