TVS Motor Company Limited (NSE: TVSMOTOR) announced its financial results for the second quarter of the fiscal year 2026-27, marking a significant milestone with record revenue and profit. The company posted a revenue of Rs. 17,103 crores, marking a 44% growth compared to Rs. 11,905 crores in the same period last year. Moreover, Profit After Tax (PAT) surged by 52% to Rs. 1,377 crores, up from Rs. 904 crores in Q2 FY25-26.

Record Sales and Growth

The company’s sales reached an all-time high of 1.9 million units, reflecting a robust 27% growth compared to the 1.5 million units sold in Q2 FY25-26. This impressive performance was driven by strong demand across all product segments, including motorcycles, scooters, and three-wheelers. Notably, the two-wheeler electric vehicles segment experienced a remarkable 133% growth, selling 186,186 units compared to 80,009 units in the previous year.

EBITDA and Margin Improvement

TVS Motor Company’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) stood at Rs. 2,219 crores, a 47% increase from Rs. 1,507 crores in Q2 FY25-26. The EBITDA margin improved by 30 basis points to 13.0% from 12.7% in the same quarter last year, highlighting the company’s efficient cost management and operational excellence.

As a result, the company’s overall financial health has strengthened, setting a positive tone for the future. With these impressive results, TVS Motor Company continues to solidify its position as a leader in the two and three-wheeler industry, committed to delivering sustainable and innovative mobility solutions.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of TVS Motor Company Limited

TVS Motor Company Limited belongs to the Consumer Cyclical › Auto Manufacturers sector. Here’s a quick read on where the business and the stock stand today.

TVS rises 13.2% over three months, with buying pressure holding steady. D/E reaches 3.03. High leverage in this environment is a material risk the market cannot ignore. Thin margins at 5.7% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The stock holds at 69% of its 52-week range with RSI at 54. In other words, neither side has a clear edge right now. Revenue grows at 20.2% and profits at 31.5%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of TVS Motor Company Limited.

Hyundai Motor India Limited (HYUNDAI) has announced its financial results for the second quarter and half year of FY 2026-27. The company recorded its highest-ever quarterly revenue of ₹20,000 crore, marking a significant milestone. Despite commodity headwinds affecting profitability, the company achieved record sales of 219,072 units, a 15% year-over-year growth and a 23% quarter-over-quarter increase.

Record Sales and Market Penetration

The domestic market saw a robust 19% growth in volumes both year-over-year and quarter-over-quarter. Notably, rural penetration reached an all-time high of 26.6%, and the contribution from compressed natural gas (CNG) vehicles stood at a record 19.1%. Exports also grew by 4% year-over-year and surged 38% sequentially, despite geo-political challenges.

EBITDA Margin Improvement

Although commodity costs weighed on profitability, the company’s operating leverage, healthy mix, and cost reduction initiatives helped improve the EBITDA margin to 9.5% in Q2 FY27 from 9.3% in Q1 FY27. The company remains optimistic about the second half of the fiscal year, with the launch of the BAYON and a dedicated mass market EV in Q4 FY27.

Mr. Tarun Garg, Managing Director & Chief Executive Officer, commented, “Q2 FY27 was a milestone quarter for HMIL, marked by record volumes and quarterly revenue exceeding ₹20,000 crore for the first time since our inception. Looking ahead, we see H2 as a period of accelerated momentum for us. Launch of BAYON marks the onset of our golden product cycle. We are also fully geared up for the launch of dedicated mass market EV in Q4 FY27. While macro-economic uncertainties and cost pressures persist, we remain focused on strengthening our leadership across key segments, delivering sustainable growth and profitability.”

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Hyundai Motor India Limited

Hyundai Motor India Limited belongs to the Consumer Cyclical › Auto Manufacturers sector. Here’s a quick read on where the business and the stock stand today.

Hyundai moves sideways over three months, with neither buyers nor sellers taking control. The PEG stands at 6.65 — severely stretched. Any earnings miss could trigger a sharp de-rating. Thin margins at 7.0% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The stock holds at 41% of its 52-week range with RSI at 42. In other words, neither side has a clear edge right now. Revenue grows at 5.5% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of Hyundai Motor India Limited.

Iris Clothings Limited (IRISDOREME) showcased its impressive expansion in the investor presentation for Q4 FY26, focusing on its retail footprint and product portfolio. The company has been well-established in the kidswear segment, with a robust presence across 20,000+ retail touchpoints in India. The presentation highlighted the strategic expansion of retail business-to-business (B2B) and direct-to-consumer (D2C) models, aiming to enhance brand recognition and market reach.

Retail Expansion Strategy

The company’s retail expansion strategy includes a cluster model approach to enhance brand presence in cities. Iris Clothings Limited plans to initially open stores in eastern regions where its presence is limited, followed by an expansion into well-established western regions. The company is also considering launching franchise stores after FY26, operating under the Franchise Owned Company Operated (FOCO) model.

Product Portfolio Diversification

IRISDOREME has been diversifying its product portfolio to cater to a wider range of consumer needs. The company introduced new categories like sportswear, innerwear, and infant accessories in FY26. The Disney licensing agreement has also played a significant role in expanding the product range, with strong demand for Disney winterwear collection. The company plans to continue expanding its product portfolio with categories like travel wear, cord sets, denim pants, and woven pants.

Manufacturing Capacity Enhancement

To support its retail and product expansion, Iris Clothings Limited is enhancing its manufacturing capacity. The company plans to construct a new facility of 200,000 sq. ft. in West Bengal, with an estimated capital outlay of Rs. 50 crores. Additionally, the company is focusing on debottlenecking existing facilities and outsourcing manufacturing of certain product categories to reputed companies to optimize production.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Iris Clothings Limited

Iris Clothings Limited belongs to the Consumer Cyclical › Apparel Manufacturing sector. Here’s a quick read on where the business and the stock stand today.

Iris gains 38.2% over three months and trades near its 52-week highs. Thin margins at 8.8% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The PEG of 2.77 makes it expensive versus peers. The premium needs earnings to catch up quickly. Buyers show up with 3.6x the volume of sellers. Moreover, they dominated on 16 of recent sessions versus 14 for sellers — a healthy accumulation pattern. The stock rises 38.2% in three months on 19.2% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Iris Clothings Limited.