CRISIL rates TVS Holdings at CRISIL AA+
TVS Holdings (NSE: TVSHLTD) said CRISIL has reviewed its credit rating at CRISIL AA+. The company is valued at about ₹26,265 crore.
What happened
TVS Holdings (NSE: TVSHLTD) informed the stock exchanges on 6 November 2026 at 07:15 PM that CRISIL has reviewed its credit rating at CRISIL AA+.
Company snapshot
TVS Holdings is a small-cap company, with a market value of about ₹26,265 crore.
The stock last traded at ₹12,982, against a 52-week range of ₹10,790–₹16,297 (20.3% below the high).
Before this filing the shares had moved +9.2% over the month and −13.0% over three months. Average daily turnover over the last 20 sessions was about ₹10.09 crore.
Promoters held 74.45% at the end of Q2 FY27; 15.67% of promoter shares were pledged. Foreign institutions owned 3.10% and domestic institutions 9.54%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 14,549 | 442.9 | 218.89 |
| Q3 FY26 | 15,276 | 493.2 | 243.75 |
| Q4 FY26 | 15,588 | 424.1 | 209.62 |
| Q1 FY27 | 17,076 | 610.3 | 301.62 |
| Q2 FY27 | 37,259 | 1,245 | 615.38 |
What history shows
This is not the company's first credit rating disclosure: BCEIE has 2 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 0.0% on average the next trading day and was down 6.6% on average after five days (2 filings with price data).
Market-wide, 1,419 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 5 Sept 2026 | Intimation of Credit Rating under SEBI (LODR) Regulations, 2015 | +0.0% | −6.6% |
| 5 Sept 2026 | Credit Rating | +0.0% | −6.6% |
What to watch
- Whether other agencies take a similar view on the company's credit.
In the news
Recent coverage elsewhere (links open the original publisher):
- TVS Holdings Q2 Results: Net profit surges 43% to ₹635 crore as revenue crosses ₹20,000 crore - CNBC TV18
- TVS Holdings revises related-party transaction policy before sale of TVS Emerald stake
- TVS Holdings amended RPT policy months before Emerald sale to promoter-group entity
- TVS Holdings invests Rs 483.91 crore, retains 74.45% stake
- TVS Holdings Q2 Results: Net profit surges 43% to ₹635 crore as revenue crosses ₹20,000 crore
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.