TVS Supply Chain Solutions Ltd Hits All-Time Low Amidst Prolonged Downtrend

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Shares of TVS Supply Chain Solutions Ltd have declined to a new all-time low of ₹99.05 on 20 Jan 2026, marking a significant milestone in the stock’s extended period of underperformance relative to the broader market and its sector peers.
TVS Supply Chain Solutions Ltd Hits All-Time Low Amidst Prolonged Downtrend



Recent Price Movement and Market Context


On the day in question, the stock fell by 0.85%, underperforming the Sensex which declined by 0.35%. This marks the fourth consecutive day of losses, during which the stock has shed 9.17% of its value. Over the past week, the decline stands at 8.76%, considerably steeper than the Sensex’s 0.81% fall. The one-month and three-month performances also reflect this downward trend, with losses of 6.18% and 20.50% respectively, compared to the Sensex’s more modest declines of 2.33% and 1.67% over the same periods.


Year-to-date, the stock has dropped 10.88%, while the Sensex has fallen by 2.66%. The underperformance is even more pronounced over the last year, with TVS Supply Chain Solutions Ltd posting a negative return of 39.70%, in stark contrast to the Sensex’s positive 7.63% gain.


The stock is trading below all key moving averages – 5-day, 20-day, 50-day, 100-day, and 200-day – signalling sustained bearish momentum. This technical positioning underscores the challenges faced by the company in regaining investor confidence.



Long-Term Performance and Comparative Analysis


Over a three-year and five-year horizon, the stock has delivered no appreciable returns, standing at 0.00%, while the Sensex has surged by 36.84% and 66.60% respectively. The ten-year performance similarly shows no growth for the stock, compared to the Sensex’s impressive 244.75% appreciation. This prolonged stagnation highlights the company’s difficulties in generating shareholder value over the long term.


Within the Transport Services sector, TVS Supply Chain Solutions Ltd’s relative underperformance is notable, as it has consistently lagged behind sector averages and broader market indices.




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Fundamental Metrics and Financial Health


The company’s fundamental profile remains subdued. Over the last five years, the compound annual growth rate (CAGR) of operating profits has been negative at -1.29%, indicating contraction in core earnings. Profitability metrics also reflect challenges, with an average return on equity (ROE) of just 3.86%, signalling limited returns generated on shareholders’ funds.


Debt servicing capacity is another area of concern. The average EBIT to interest ratio stands at 0.84, below the threshold generally considered comfortable for debt coverage. This suggests that earnings before interest and tax are insufficiently robust to comfortably meet interest obligations, potentially constraining financial flexibility.


Adding to the pressure on the stock, 29.23% of promoter shares are pledged. In volatile or declining markets, such a high level of pledged shares can exacerbate downward price movements due to potential forced selling or margin calls.



Recent Financial Highlights


Despite the overall subdued performance, the company reported some positive financial indicators in the half-year ended September 2025. Operating cash flow for the year reached a peak of ₹524.20 crores, the highest recorded. Return on capital employed (ROCE) for the half-year was also at its highest level of 8.72%, while the debt-to-equity ratio improved to a low of 1.14 times.


Valuation metrics suggest the stock is trading at a discount relative to its peers. The enterprise value to capital employed ratio stands at 1.7, and the ROCE of 4.3 indicates an attractive valuation on a relative basis. Notably, the company’s profits have risen by 302% over the past year, despite the stock’s 39.70% decline, resulting in a PEG ratio of 0.1. This divergence between profit growth and share price performance highlights the complex dynamics influencing the stock.




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Mojo Score and Market Sentiment


Reflecting the stock’s current standing, the MarketsMOJO score for TVS Supply Chain Solutions Ltd is 29.0, categorised as a Strong Sell. This represents a downgrade from the previous Sell rating as of 5 Jan 2026. The market capitalisation grade is rated at 3, indicating a relatively small market cap within its sector.


The downgrade to Strong Sell underscores the prevailing market sentiment and the challenges faced by the company in reversing its downward trajectory.



Summary of Performance and Outlook


TVS Supply Chain Solutions Ltd’s stock has experienced a significant decline, reaching an all-time low of ₹99.05. The stock’s performance has lagged behind the broader market and sector indices across multiple time frames, including one day, one week, one month, three months, one year, and longer-term horizons. Key financial metrics reveal subdued profitability, constrained debt servicing ability, and a high proportion of pledged promoter shares, all contributing to the stock’s current valuation pressures.


While recent half-year financials show some improvement in cash flow and capital efficiency, these have not translated into positive price momentum. The MarketsMOJO Strong Sell rating reflects the comprehensive assessment of the company’s fundamentals and market position as of January 2026.






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