Peugeot vs TVS Motor: Revenue, Profit and Business Model
A full-year revenue figure is unavailable here for Peugeot. TVS Motor had ~$6.5B of annual revenue in FY2026 and ~$350.1M of net income.
Latest financial snapshot
Financial summary
Peugeot
Stellantis does not report Peugeot revenue or profit separately. At group level, Stellantis reported 2025 net revenues of ~$173 billion (€153.5 billion) (down 2%) and a ~$25.2 billion (€22.3 billion) net loss after ~$28.7 billion (€25.4 billion) of charges linked to scaling back EV plans. Revenues rose 6% to ~$43.1 billion (€38.1 billion) in Q1 2026, and Q2 2026 adjusted operating income was about $904 million (€0.8 billion) (1.8% margin). Peugeot's own 2025 volume was about 1,079,000 units, roughly 1% higher than 2024.
TVS Motor
In FY2026 TVS Motor posted consolidated revenue of ~$6.5 billion (₹56,028 crore) (up from ~$5.12 billion (₹44,134 crore)) and profit attributable to owners of ~$350 million (₹3,018 crore), up 35%. Standalone revenue rose 30% to ~$5.48 billion (₹47,270 crore), operating EBITDA grew 37% to ~$705 million (₹6,079 crore) (12.9% margin) and operating PBT rose 40% to ~$577 million (₹4,975 crore). Momentum continued in Q1 FY2027 (April-June 2026): consolidated revenue rose 33.5% to ~$1.89 billion (₹16,296 crore) and consolidated net profit jumped 67% to ~$118 million (₹1,019 crore), with standalone EBITDA margin at 12.8%.
Revenue and profit by year
Peugeot
A revenue figure is unavailable here for Peugeot. What is known about its finances is in the summary above.
TVS Motor
| Year | Revenue | Net income | Margin | Growth | Source |
|---|---|---|---|---|---|
| FY2026 | ~$6.5B | ~$350.1M | 5.4% | +26.9% | Source |
| FY2025 | ~$5.1B | ~$259.3M | 5.1% | +13.6% | Source |
| FY2024 | ~$4.5B | ~$195.6M | 4.3% | +21.1% | Source |
| FY2023 | ~$3.7B | ~$154.1M | 4.1% | +31.7% | Source |
| FY2022 | ~$2.8B | ~$87.8M | 3.1% | — | Source |
Where the revenue comes from
Peugeot
- B-Segment & C-Segment Passenger Cars
Not formally reported
High-volume compact hatchbacks and crossover SUVs, including the best-selling Peugeot 208, 2008, 308, and the fastback 408 across European and South American markets.
- Midsize Family & Flagship C-SUVs
Not formally reported
Higher-margin long-wheelbase SUVs and electrified fastbacks, featuring the Peugeot 3008, 5008 7-seater, and 508 executive fastback and wagon.
- Light Commercial Vehicles (LCV)
Not formally reported
Commercial fleet vans and utility chassis cabs, including the Peugeot Partner, Expert, and Boxer vans powering trade logistics and urban delivery.
- Aftersales, Parts & Connected Services
Not formally reported
OEM replacement components through Stellantis Eurorepar, long-term fleet maintenance contracts, and over-the-air connected navigation software subscriptions.
TVS Motor
- Domestic Motorcycle Sales38
Sales of commuter and performance motorcycles across India, powered by the flagship Apache RTR and RR performance series and commuter models such as the Raider 125 and Radeon.
- Scooter Portfolio (ICE & Electric)30
Market-leading scooter lineup headlined by the TVS Jupiter family, sporty TVS Ntorq 125, and the rapidly growing TVS iQube electric scooter ecosystem.
- International Exports20
Direct vehicle and CKD kit exports to more than 80 countries spanning Africa, Latin America, Southeast Asia, and the Middle East, alongside overseas assembly in Karawang, Indonesia.
- Mopeds, Commercial 3-Wheelers & Spare Parts12
High-margin genuine replacement parts, authorized dealer workshop services, TVS King passenger/cargo 3-wheelers, and the utilitarian TVS XL100 heavy-duty moped.
Business model and strategy
Peugeot
How it makes money
Peugeot makes money by designing, building and selling passenger cars and light commercial vans, mainly in Europe, plus parts, servicing and financing through Stellantis.
Growth strategy
Under Alain Favey, Peugeot aims to grow from about 1.1 million to 1.5 million annual sales by 2030 with seven new models, including a next-generation 208 previewed by the Polygon concept and new C-segment models replacing the 308, 308 SW and 408.
Competitive advantage
Peugeot's edge is a recognisable design and interior (the i-Cockpit with a small steering wheel and raised instruments) combined with access to Stellantis's shared platforms, plants and purchasing. That lets it price above mass-market rivals while sharing development costs with Citroën, Opel and other group brands.
TVS Motor
How it makes money
TVS Motor Company operates a high-volume, integrated two-wheeler and three-wheeler manufacturing business model, generating revenue through the engineering, assembly, and global wholesale distribution of commuter motorcycles, premium performance bikes, scooters, and urban electric vehicles.
Growth strategy
TVS Motor Company's growth strategy centers on three strategic pillars: aggressive premiumization, multi-category electrification, and global market expansion.
Competitive advantage
TVS Motor Company's competitive advantage stems from its award-winning engineering excellence, being the only two-wheeler company to win the prestigious Deming Prize for total quality management, combined with strong brand equity in sporty performance motorcycles (Apache series) and early leadership in the electric vehicle transition with its best-selling iQube electric scooter family.
Questions about Peugeot vs TVS Motor
Which company has higher revenue — Peugeot or TVS Motor Company?
TVS Motor Company had ~$6.5B (FY2026). A comparable annual revenue figure for Peugeot was unavailable here.
What is the market cap of Peugeot vs TVS Motor Company?
TVS Motor Company has a market capitalisation of $20.8B. A public market cap figure for Peugeot was not available (it may be privately held).
How does revenue per employee compare for Peugeot and TVS Motor Company?
TVS Motor Company generates $1.18M / employee in revenue per employee. A comparable figure for Peugeot requires matching employee and revenue data from the same reporting period.
How do Peugeot and TVS Motor Company make money?
Peugeot and TVS Motor Company generate revenue in fundamentally different ways. Peugeot: Peugeot makes money by designing, building and selling passenger cars and light commercial vans, mainly in Europe, plus parts, servicing and financing through Stellantis. TVS Motor Company: TVS Motor Company operates a high-volume, integrated two-wheeler and three-wheeler manufacturing business model, generating revenue through the engineering, assembly, and global wholesale distribution of commuter motorcycles, premium performance bikes, scooters, and urban electric vehicles.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Peugeot vs TVS Motor overview