TVS Supply Chain Solutions Ltd has been promoted by the $3 billion TVS Mobility Group having commenced operations in 1995 as ‘TVS Logistics’ before being incorporated as a separate company in 2004. The TVS Group over the last many decades has an excellent culture and philosophy of doing business by first building trust and prioritising customers to their utmost satisfaction. The business is focused primarily on helping customers achieve their cost and revenue goals by aiming to deliver high levels of productivity, ensuring high levels of customer experience with efficiency and providing a digital-ready platform along with high tech innovation driven solutions.
TVS delivered a year or year growth in revenue and profitability driven by a disciplined execution, continued cost focus and benefits from strategic investments. During Q1FY26, the company posted a major swing towards profitability due to the Integrated Final Mile business in the UK and Europe. The company had initiated a major structural transformation during the month of April 2025, by merging the Integrated Final Mile business with the Integrated Supply Chains business in a single leadership. The integration was extremely necessary for the customers , thereby aligning the services to deliver value and efficiency to its customers.
The structural integration of the two businesses also involves the consolidation of warehouse infrastructure which should drive efficiency across the platform. During Q1FY26 , TVS Supply Chains Solutions did a one time restructuring cost exercise of Rs 53 crores along with a one time impairment relating to legacy brands of Rs 38 crores . Aptly named as Project One , it is expected to deliver around Rs 110-120 crores in cost saving per year with about Rs 50-60 crores benefit to start immediately in the current financial year itself. The company had made a strategic investment in the TVS ILP business several years ago to acquire and develop warehouse infrastructure. During the first quarter of FY2026 , TVS Supply Chains transformed around 11 million square feet of developed asset into a INVIT platform backed by blue-chip investors, recording a significant value of Rs 177 crores as profit for the company.
The company posted financial results for Q1FY26 with consolidated revenue of Rs 2592 crores, reflecting a growth of 3.7% sequentially and 2.1% year on year. The profit before tax improved to Rs 19 crores for Q1FY26 from Rs 14 crores in Q1FY 25 . Notably, if the profit of Rs 177 crores from the sale of the strategic investment in TVS ILP is added, then the total adjusted profit before tax comes to Rs 196 crores. In terms of profitability, EBITDA for the same quarter stood at Rs 173 crores, seeing a clear improvement in margin recovery, despite continuous pricing headwinds . TVS Supply Chains Solutions has an excellent strong order pipeline of around Rs 5300 crores, giving a solid revenue visibility going forward.
The company remains very confident about sustaining the growth trajectory and creating long-term value for all stakeholders with a clear roadmap to achieve 4% profit before tax in the next one year. While the company’s Integrated Supply Chains Solutions business remains resilient, the IFM business on the other hand is growing on a strong performance path. In spite of the Global Forwarding Solutions business facing micro economic pressures due to the uncertainty of tariffs, the company remains on track to move forward with its long-term objective plan of solid growth.
The company management is extremely confident and optimistic for the future that it will build on the various opportunities to deliver substantial higher profits . The TVS Supply Chains Solution stock is quoting at Rs 130 on the bourses and can be purchased by portfolio investors for solid profits in the long term.
