TVS Supply Chain Solutions (“TVS SCS”), the only Indian supply chain logistics solution provider with global capabilities and network across the value chain, is expected to generate revenue of approximately Rs. 10,500 crore revenue and $2.5 billion company and has the ambition to be among the top 50 global companies globally. TVS is likely to achieve 90 percent visibility in FY 2024 by acquiring SCS contracts and new business.
TVS SCS is a strong and integrated organization with over 18,000 highly skilled employees with a presence across four continents, over 26 countries. Today, with a size of $1.2 billion, TVS SCS works with 733 clients in India and 7,120 clients worldwide.
Non-cyclical and clients with high growth potentials contribute significantly to its diverse client base. The company’s clients include various sectors like consumer durables, telecom, electronics, renewable energy, healthcare, automobile etc.
The company has grown steadily over the past few years and has grown steadily with high revenue growth of 36 percent CAGR and EBITDA of 37 percent CAGR since 2005.
In the first half of FY2023, TVS SCS posted a positive PAT of Rs. 38.05 crore in profit, as mentioned in the current addendum to the DRHP filed with the regulator SEBI.
As of September 30, 2022, TVS SCS works with 64 ‘Global Fortune 500 2021’ companies. 75 percent of its business comes from non-auto clients and 95 percent from non-TVS family companies. TVS SCS has long-term relationships with its customers and the average relationship duration with the top 10 customers is 10-13 years.
TVS SCS has successfully acquired and integrated 65 companies. It has acquired companies to build new capabilities/geographical expansion, build international networks for global forwarding solutions, and build domestic networks to provide critical services to remote areas.
TVS SCS pioneered the concept of Third Party Logistics (3PL) in India in the year 1995 and is now an end-to-end global supply chain solutions provider. TVS SCS Executive Vice Chairman R. Dinesh is known as a ‘visionary’ leader in the supply chain sector and was invited by the PMO during the unveiling of the National Logistics Policy.
Dinesh has been continuously engaged with the Ministry of Commerce to provide valuable input in shaping policies related to the logistics and supply chain industry.
He is currently the President-designate of the CII National Council. He is also the Chairperson of CII National Committee of Logistics and CII Institute of Logistics Advisory Council. He has been instrumental in achieving ‘Infrastructure Status’ for the logistics sector by CII.