The Product — What It Is
The TVS Ronin Monotone and Agonda variants feature a refined 225.9cc engine producing 20.4 PS of power and 19.93 Nm of torque. The Agonda edition, inspired by the sands of Agonda Beach in Goa, showcases a pearl white base with red and blue retro pinstripes and a custom black TVS stallion emblem. Technical enhancements include 41mm upside-down front forks for superior handling, an assist and slipper clutch for smooth transitions, and Glide Through Technology to facilitate effortless low-speed urban commuting.
The motorcycles are equipped with all-LED T-face headlamps and a distinctive modern-retro character designed for versatile riding experiences.
Commercial Opportunity
- The Ronin Monotone is priced at NPR 4,29,900 ex-showroom in Nepal
- The premium Ronin Agonda variant is positioned at NPR 4,39,900
- Available color options for the Monotone include Lightning Black and Magma Red
- The launch targets the rapidly expanding premium motorcycle segment for young urban riders
- New variants were unveiled at a musical event at Nova, Kathmandu, to enhance market appeal
Business Overview
TVS Motor Company operates as a global manufacturer of two and three-wheelers with a presence in over 90 countries. The company maintains four state-of-the-art manufacturing facilities across India and Indonesia and is the recipient of the prestigious Deming Prize for quality. Its diverse portfolio includes the Norton Motorcycles brand in the United Kingdom and a wide range of scooters and commuter motorcycles.
As part of its international strategy, the company continues to scale its premium product lineup through customer-focused innovation and sustainable mobility solutions, consistently ranking high in customer service satisfaction surveys.
Financial Context
- Operating Revenue TTM stands at ₹56,069.52 Cr with a 27.02% annual growth
- Net Profit for the TTM period reached ₹3,018.33 Cr, reflecting a 35.01% YoY increase
- The company maintains a healthy Operating Profit Margin of 14.53% as per the latest quarterly results
- Promoter holding remains stable at 50.27% with zero pledged shares
