India's goodwill ambassador at the Rio Olympics, Tendulkar, handed over the keys of the luxury cars to the four sportspersons at a function held at the Gopichand Badminton Academy.
Chamundeshwarnath, President of the Hyderabad District Badminton Association, gifted the BMWs.
Sachin took a selfie with the three women and Gopichand amid cheers by those present.
Speaking on the occasion, Sachin asked them to continue their victorious performances and bring more laurels to the country.
He was all praise for the medallists as well as Dipa and described Gopichand as the real hero.
"I am sure they will bring more medals for the country and continue to make India proud."
Chamundeshwarnath, a former cricketer and businessman, had initially announced that he will gift a BMW to Sindhu but later decided to give it to the three others as well.
Gopi's ward Sindhu won the silver medal in women's singles badminton while wrestler Sakshi bagged a bronze in women's freestyle 58 kg. Dipa finished fourth in artistic gymnastics.