TVS Supply Chain Solutions has reported a robust financial performance for Q4 and Full Year FY26. The company achieved a revenue milestone of over ₹11,000 crore, driven by significant growth in its India business. Profitability metrics saw a strong uptick, with Adjusted EBITDA rising 37.5% year-on-year and PAT reaching ₹117 crore for the year. Furthermore, the company successfully expanded its global reach, increasing its Fortune Global 500 customer count to 100.
Fiscal Year Highlights
For the quarter ended March 31, 2026, TVS Supply Chain Solutions delivered impressive results. Consolidated revenue grew by 21.3% to ₹3,032 crore, while the full-year revenue crossed the ₹11,000 crore threshold. The India business remains a key engine of growth, recording a 31.4% year-on-year revenue increase during the fourth quarter, supported by deep customer engagement and operational excellence across key sectors.
Profitability and Operational Efficiency
Profitability saw a marked improvement throughout the year. Adjusted EBITDA grew by 37.5% year-on-year, and the company reported an annual PAT of ₹117 crore, a significant turnaround from the loss reported in FY25. These gains were driven by disciplined execution and strategic initiatives, including ‘Project One’, which focused on cost management and improved business mix. Additionally, the company secured ₹524 crore in new business wins during the quarter.
Segment Performance
The company operates through two primary segments: Integrated Supply Chain Solutions (ISCS) and Global Forwarding Solutions (GFS). The ISCS segment was a standout performer, with Q4 revenue reaching ₹2,283.43 crore, representing a 17.5% year-on-year growth. Adjusted EBITDA margins for the ISCS segment also expanded to 9.32% in Q4, up from 8.48% in the same period last year.
Leadership Transition
The company announced a planned leadership succession. Ravi Viswanathan, the current Managing Director, will step down on June 30, 2026. The Board has appointed Vikas Chadha, the current Global CEO, to take over as Managing Director effective July 1, 2026.
Source: BSE
