TVS Motor Company, part of TVS Venu, has been ranked the world’s top company in the ‘Durable Consumer Goods’ category in the annual ‘Best Stocks in the World’ ranking published by German business weekly WirtschaftsWoche, based on analysis by Boston Consulting Group.
The independent study evaluated more than 2,000 listed companies across 35 industries globally.
Founded in 1926, WirtschaftsWoche is among Germany’s most widely read business publications and its annual rankings are closely tracked by institutional investors and corporate leaders across Germany, Austria and Switzerland.
Strong shareholder returns drive ranking
According to the study, TVS Motor delivered an average annual Total Shareholder Return (TSR) of nearly 51% during the 2021–2025 period, emerging ahead of peers from Japan, China, the United States and India.
The report attributed the company’s performance primarily to strong revenue growth, premium market valuation, improving profitability and a stronger balance sheet.
The analysis also highlighted that TVS Motor’s profile aligns with characteristics associated with resilient companies, including profitability, growth orientation and financial discipline.
FY26 performance strengthens momentum
In FY26, TVS Motor reported its highest-ever annual sales at 5.89 million units, marking a 24% year-on-year increase. The company’s international business grew 33% across more than 90 markets during the year.
Revenue rose 30% year-on-year to ₹47,270 crore, while operating profit before tax increased 40% to ₹4,975 crore. Operating EBITDA margin improved by 60 basis points to 12.9%.
Leadership commentary
TVS Motor Company, Chief Mentor, Professor Sir Ralf Speth, said, “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.”
He added that TVS Motor continues to strengthen its leadership in electric mobility while maintaining a strong focus on quality, sustainability and manufacturing excellence.
Speth also highlighted the revival of Norton Motorcycles under TVS Motor’s ownership, stating that the brand is now delivering a compelling mix of technology, design integrity and performance.
Focus on sustainable growth
TVS Motor said its long-term strategy remains focused on sustainable growth, strengthening global competitiveness and creating long-term shareholder value through technology-led innovation and operational excellence.