The ranking published exclusively by Germany’s leading business weekly WirtschaftsWoche, based on the Boston Consulting Group (BCG) Value Creators analysis.
WirtschaftsWoche, founded in 1926 and celebrating its centenary this year, is Germany’s largest weekly business publication, widely read by senior executives, institutional investors and corporate decision-makers across Germany, Austria and Switzerland. Its annual ‘Best Stocks in the World’ analysis is one of the most widely cited rankings of listed companies in the German-speaking region.
The independent study evaluated more than 2,000 listed companies across 35 industries worldwide. Over the five-year period from 2021 to 2025, TVS Motor Company delivered an average annual Total Shareholder Return of approximately 51 per cent — the highest in its global category, ahead of established peers from Japan, China, the United States, and India.
According to the analysis, TVS Motor’s performance was driven primarily by strong revenue growth (22 percentage points) and a premium market valuation (18 percentage points), complemented by improving profitability and continuous strengthening of the balance sheet.
“This recognition by WirtschaftsWoche and BCG is the result of the consistent implementation of Chairman Sudarshan Venu’s clear strategic vision. His passion for the company, deep understanding of markets and customers, openness to new technology, and attentiveness to the workforce create a values-based environment in which creativity and performance can flourish. Equally exemplary is the strong commitment to social responsibility,” Professor Sir Ralf Speth, Chief Mentor, TVS Motor, said in a statement.
“I am confident TVS Motor Company is strongly positioned for the future – delivering sustainable growth, strengthening global competitiveness and creating long-term shareholder value – recognition goes to the whole TVS team for their hard work and commitment,” he said.
In FY2026, TVS Motor recorded its highest-ever annual sales of 5.89 million units, a 24 per cent increase year-on-year, with international business growing 33 per cent across more than 90 markets. Revenue grew 30 per cent year-on-year to Rs. 47,270 crore, with operating profit before tax was up 40 per cent to Rs. 4,975 crore and operating EBITDA margin improving 60 basis points to 12.9 per cent.
