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Eurogrip Tyres

Eurogrip Tyres Franchise

Automobile & EVEst. 1982Madurai, Tamil Nadu

Two- and three-wheeler tyre brand of listed TVS Srichakra. Takes dealers; 21 exclusive stores (Sep 2026). Dealer investment and margins not published.

Eurogrip Tyres franchise at a glance (terms checked Oct 2026)

Dealers / distributors onlyModels: Dealer ¡ Shop-in-shopTerms checked Oct 2026

Investment

Not published

The brand doesn't publish its investment

Ongoing take

Not published

Franchise fee

No franchise fee

Payback

Not published

FranchiseChuno ScoreNot scored yet — 31% of data verified
  • Disputes with franchisees: None found (records checked Oct 2026)
  • Company standing: Active and up to date with the registrar

Outlets

21 (brand claim)

What we couldn't verify

  • â€ĸ Outlet closures
  • â€ĸ Franchisee satisfaction
  • â€ĸ Profit or loss
  • â€ĸ Revenue trend

Ask before you sign

  1. Speak to at least 3 franchisees who have run an outlet for 2+ years and see their actual monthly sales and profit — a franchisor making money doesn't mean its franchisees do.
  2. Ask for every upfront payment in writing — deposit, onboarding, equipment or stock — and which parts are refundable.
  3. Ask exactly how your margin or commission is calculated, when it's paid, and whether the brand can change it.

Franchise terms checked against Eurogrip's official dealer page on 26 Oct 2026. Figures marked * aren't published by the brand — they come from other published sources or our own estimate, and aren't verified.

Ways to Partner with Eurogrip Tyres

2 partner models published by the brand. Figures it doesn't publish are left blank.

Dealership

Distributor, dealer or mechanic

Who it suits
Page says 'distributors, dealers & Mechanics'; no criteria published

No fee, margin, area or territory published

Shop-in-shop

Exclusive Eurogrip store

Who it suits
—

Stores are run by local businesses under their own names; terms not published

Reputation & News

What the press, courts and real franchisees or customers have said about Eurogrip Tyres — summarised by us, with every source linked.

  • Customer view★ 3.8/5 ¡ 93 ratings

    Eurogrip tyre reviews on a car-and-bike portal

    Riders rate Eurogrip 3.8 of 5 across 93 reviews; comments mostly praise value for money.

    Source: CarDekho tyre reviews

Legal & Contract Summary

Key contract terms at a glance — read before you sign.

Agreement Type

Dealership

You buy and resell the brand's products

Contract Duration

—

Renewal Available

—

Territory Exclusivity

—

Non-Compete Clause

—

Exit Clause

—

About the Brand

Brand USP

A tyre brand from a listed manufacturer that takes dealers and has begun opening branded exclusive stores.

Parent CompanyTVS Srichakra Limited
HeadquartersMadurai, Tamil Nadu
Eurogrip is the two- and three-wheeler tyre brand of TVS Srichakra Limited, a listed company (NSE: TVSSRICHAK, BSE: 509243) incorporated in 1982 and headquartered in Madurai; the company's own site and filings name it as the maker of the Eurogrip brand. The company says it makes tyres at Madurai and Pantnagar (Rudrapur) and sells through a network of distributors and dealers in India. Since 2024 it has also been opening Eurogrip-branded exclusive tyre stores, which its filings show are run by local businesses under their own names, such as Ganesh Tyres (Mehsana) and ST Enterprises (Chennai). Eurogrip's dealer page invites distributors, dealers and mechanics to become dealers; it carries a short enquiry form and no terms. A September 2026 press release filed with the exchanges calls its Aligarh store the 21st exclusive store (a July 2026 filing counted 19). Eurogrip publishes no investment, fee, margin, area, territory or contract terms for dealers or for the exclusive stores, so none are shown here. Nothing published describes a royalty franchise; the offer reads as a dealership in which tyres are bought from the company and resold. What to watch: you cannot compare cost or returns before enquiring, so ask for the written dealer or store terms, stock and credit terms, margin on each tyre line, any exclusivity, and who pays for fit-out. Fitment, warranty handling and returns are part of the store job. The listed parent has disclosed seven tax and customs demand notices and orders in exchange filings between Dec 2023 and Sep 2026 (GST, customs and income tax, listed in the case records; the amounts add up to about Rs 119 crore on our sum, interest not always included, and the company says it is contesting or will contest them; none concerns dealers). Smaller state-GST penalties reported elsewhere are not listed. A rider-review portal rates Eurogrip 3.8 of 5 (93 reviews), mostly about product value rather than dealers. The company's revenue and profit are not a dealer's: check real store numbers with existing dealers.

Why invest in Eurogrip Tyres?

- Eurogrip is made by TVS Srichakra Limited, listed on NSE and BSE and incorporated in 1982 (company filing, 31 Jul 2026) - Its Sep 2026 press release (filed with the exchanges) calls the Aligarh store its 21st exclusive retail store; a Jul 2026 release counted 19, and in Jun 2025 the company named six cities with exclusive stores - TVS Srichakra reported standalone FY25 revenue of Rs 3,022.90 crore and profit after tax of Rs 36.96 crore, down from Rs 103.56 crore (the company's, not a dealer's, earnings)

Eurogrip Tyres by the Numbers

Source marked on each figure

21

Exclusive Eurogrip stores ¡ 25 Sep 2026

Company filing

over 3 million tyres a month

Manufacturing capacity (company claim) ¡ 2026-10-24

Brand claim

Eurogrip Tyres Outlet Network

By channel ¡ 31 Jul 2026

Eurogrip exclusive and experience stores, TVS Srichakra filing: 19 outlets ¡ 31 Jul 2026 ¡ nsearchives.nseindia.com

Cities with Outlets

Show all 17 cities
Chennai, Tamil NaduMysuru, KarnatakaPatna, BiharAhmedabad, GujaratRajkot, GujaratHyderabad, TelanganaDelhi, DelhiLudhiana, PunjabNoida, Uttar PradeshBareilly, Uttar PradeshPanipat, HaryanaAligarh, Uttar PradeshMehsana, GujaratBahraich, Uttar PradeshAlappuzha, KeralaFarrukhabad, Uttar PradeshNainital, Uttarakhand

Cities with Outlets

17 cities
Has an outlet
Major city, no outlet listed
Click a city to explore

Company Financials

Parent / group level

These figures are for TVS Srichakra Limited, not this brand alone — separate from what a single franchise outlet earns.

Revenue (FY25)

₹3022.9 Cr

Net profit (FY25)

₹36.96 Cr

Source: TVS Srichakra 42nd Annual Report, directors' report (standalone, all tyre brands, not Eurogrip alone)

A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle — talk to existing franchisees and see their accounts before you decide.

Company Health Check

What Eurogrip Tyres's franchisor company has filed with the registrar and the courts — the checks a lawyer would run before you sign.

Auditor
PKF Sridhar & Santhanam LLP

Source: Company site, exchange filing and annual report extract read 24 Oct 2026; registry, GST, court and trademark registers were not searched (no Tracxn; registers need captcha) (checked 2026-10-24)

Full company recordsFinancials year by year, registered details, leadership and timelineShow

Eurogrip Tyres Financials Over Time

Figures for the parent company, from filed or reported accounts.

FY24
₹2754.03 Cr
Profit ₹103.56 Cr
FY25
₹3022.9 Cr▲ 10%
Profit ₹36.96 Cr

Source: Prior-year comparatives in TVS Srichakra 42nd Annual Report, standalone ¡ TVS Srichakra 42nd Annual Report, standalone, all tyre brands

A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle — talk to existing franchisees and see their accounts before you decide.

Company Profile

The legal entity behind the brand, its leadership, and its official channels.

Registered name
TVS Srichakra Limited
Company type
Public limited company (listed)
CIN
L25111TN1982PLC009414
Headquarters
Madurai, Tamil Nadu

Leadership

  • SShobhana RamachandhranManaging Director, TVS Srichakra Limited
  • TT K RaviChief Operating Officer, TVS Srichakra Limited

Company details source: TVS Srichakra Limited stock-exchange filing, 31 Jul 2026

Eurogrip Tyres Timeline

  1. 2025-06-26

    Two more exclusive stores in Chennai

    Company said it then had exclusive stores in Chennai, Mysore, Ahmedabad, Patna, Farrukhabad and Hyderabad.

    Source
  2. 2026-07-31

    Three new stores; total 19

    Mehsana, Noida and Bareilly added.

    Source
  3. 2026-09-25

    Aligarh store; '21st new exclusive retail store'

    Press release also names Nainital among recently opened stores.

    Source

FranchiseChuno Analysis

Our analysis of verified data

How Eurogrip Tyres looks once the numbers are checked side by side.

  • â€ĸInvestment below the Automobile & EV medianMidpoint ₹0 L vs a category median of ₹37.5 L across brands on FranchiseChuno.
  • ✓The franchisor company is profitableIts latest filed accounts show a net profit. That's the franchisor's money, not yours: a profitable franchisor doesn't mean its franchisees make money. Check real outlet numbers before you invest.
  • ✓Brand operating for 44 yearsFounded in 1982. The brand doesn't state when franchising began.

Data completeness

55%

  • ✓ Terms checked against the brand's own page
  • ✓ Published investment (not an estimate)
  • ○ Franchise fee
  • ○ Royalty
  • ○ ROI or payback claim
  • ○ Agreement term
  • ○ Training details
  • ✓ Outlet cities verified
  • ✓ Company financials
  • ✓ Legal entity
  • ✓ News & public opinion checked

Ask Before You Sign

Questions tailored to what Eurogrip Tyres does and doesn't publish.

  1. 1Speak to at least 3 franchisees who have run an outlet for 2+ years and see their actual monthly sales and profit — a franchisor making money doesn't mean its franchisees do.
  2. 2Ask for every upfront payment in writing — deposit, onboarding, equipment or stock — and which parts are refundable.
  3. 3Ask exactly how your margin or commission is calculated, when it's paid, and whether the brand can change it.
  4. 4Ask for the agreement term, renewal fee and exit or transfer terms.
  5. 5Ask whether you get an exclusive territory, and how large it is.
  6. 6Have a lawyer review the franchise agreement before paying anything.
  7. 7Visit 2–3 existing outlets and speak to their owners without the brand present.
Running the outletSpace, staff, launch steps, training, support and who does whatShow

Operations Required

What you'll need on the ground to run this franchise day-to-day.

Area Required

—

Staff Needed

—

Setup Time

—

Owner Involvement

—

Best Locations

Not published

Business Type

Not published

Training & Support

What the brand provides to help you launch and run your franchise.

Operations Manual

Step-by-step playbook for running the outlet

Not published

Supply Chain Support

Vendor sourcing, inventory & logistics

Not published

Technology / POS

Billing, inventory, and management software

Not published

Marketing Support

National & local marketing campaigns

Not included

Launch Support

Pre-opening setup and grand-opening assistance

Not published

Ongoing Field Support

Regular visits and operational coaching

Not published

What Eurogrip Tyres franchisees say

We haven't yet heard from enough Eurogrip Tyres franchisees to show anything. We publish totals once 3 or more people who run an outlet have answered and we've called each one to check.

I run a Eurogrip Tyres outlet — share how it went

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