TVS Motor Company has been ranked number one globally in the Durable Consumer Goods category in the annual Best Stocks in the World analysis, published by Germany’s WirtschaftsWoche business weekly and based on research conducted by Boston Consulting Group. The study evaluated more than 2,000 listed companies across 35 industries worldwide and covered the five-year period from 2021 to 2025.
Over that period, TVS Motor Company delivered an average annual Total Shareholder Return of approximately 51 percent, the highest in its global category, ahead of peers from Japan, China, the United States, and India.
The performance was driven primarily by strong revenue growth, which contributed 22 percentage points to the return, and a premium market valuation, contributing 18 percentage points, along with improving profitability and consistent balance sheet strengthening.
This ranking reflects a business that has been growing with consistency and scale. In FY 2025-26, TVS Motor recorded its highest-ever annual sales of 5.89 million units, a 24 percent increase over the previous year. International business grew even faster, at 33 percent, across more than 90 countries. Revenue for the financial year climbed 30 percent year-on-year to Rs 47,270 crore. Operating profit before tax jumped 40 percent to Rs 4,975 crore, while the operating EBITDA margin improved 60 basis points to 12.9 percent.
These are not easy numbers to achieve simultaneously. Revenue growth, margin expansion, and a stronger balance sheet running together over five years is exactly what BCG’s criteria identifies as the hallmark of a resilient, durable company.
WirtschaftsWoche is not an obscure title. Founded in 1926 and celebrating its centenary this year, it is Germany’s largest weekly business publication, widely read by institutional investors, senior executives, and corporate decision-makers across Germany, Austria, and Switzerland.
Its Best Stocks analysis carries significant weight with the European investment community, making this ranking visible to a global audience of capital allocators who would otherwise have limited exposure to an Indian two-wheeler manufacturer.

For TVS Motor, being ranked above global consumer durables peers from developed markets is a signal that its growth story has crossed the threshold from regional success to global benchmark status.
Professor Sir Ralf Speth, Chief Mentor at TVS Motor Company, attributed the recognition to the strategic direction set by Chairman Sudarshan Venu and the operational culture that TVS Motor has built around quality, technology, and manufacturing discipline.

He also pointed specifically to Norton Motorcycles, the British brand owned by TVS, noting that Norton’s global resurgence is now clearly visible in the combination of technology, design, and product dynamism it is delivering.
A meaningful part of TVS Motor’s recent growth has come from its electric mobility push domestically. The TVS iQube has been one of the consistently stronger performers in the electric scooter segment, and the company has continued to scale up production capacity to meet demand. The international business expansion running at 33 percent year-on-year has also helped reduce dependence on any single market.
For a two-wheeler manufacturer to deliver 51 percent average annual shareholder returns over five years, in a period that included supply chain disruptions, commodity cost shocks, and a global economic slowdown, is a result that the BCG data places above every other durable consumer goods company in the world. The Bengaluru-headquartered company is no longer just a domestic market story.
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