Tube Investments of India Ltd

Tube Investments Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Tube Investments of India Ltd

₹ 3,028 -1.98%
11 Jun - close price
tiindia.com BSE: 540762 NSE: TIINDIA
About

Tube Investments of India Limited (TII) is one of India’s leading manufacturers of a wide range of products for major industries such as Automotive, Railway, Construction, Mining, Agriculture, etc. The Company’s 3 main verticals are Engineering, Metal Formed Products and Bicycles. In line with its growth strategies, the Company has forayed into TMT bars and Truck Body Building business and is additionally exploring opportunities in optic lens and other vision systems for the Auto industry. [1]

Key Points

Business Segments FY24
1) Industrial Systems (31%): Manufactures Electric Motors, Alternators, Drives, Traction, Electronic & SCADA, etc. for industries such as power, transmission, oil and gas, cement, metals & mining, and railways transportation. [1]

Website BSE NSE
  • Market Cap ₹ 58,601 Cr.
  • Current Price ₹ 3,028
  • High / Low ₹ 4,811 / 2,400
  • Stock P/E 44.6
  • Book Value ₹ 269
  • Dividend Yield 0.12 %
  • ROCE 31.8 %
  • ROE 28.6 %
  • Face Value ₹ 1.00
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 31.6% CAGR over last 5 years

Cons

  • Stock is trading at 11.2 times its book value
  • Tax rate seems low

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Consumer Discretionary Automobile and Auto Components Auto Components Auto Components & Equipments

Part of BSE 500 BSE 100 BSE 200 Nifty 500 BSE Auto

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
1,735 1,957 1,906 1,710 1,663 1,780 1,970 1,898 1,962 1,960 2,065 1,910 2,526
1,560 1,753 1,655 1,495 1,453 1,564 1,718 1,659 1,745 1,720 1,819 1,667 1,729
Operating Profit 174 204 251 214 211 216 251 239 217 240 246 243 797
OPM % 10% 10% 13% 13% 13% 12% 13% 13% 11% 12% 12% 13% 32%
38 12 -9 17 142 22 36 14 145 14 26 17 135
Interest 2 4 5 6 7 7 8 7 7 7 7 5 5
Depreciation 37 32 35 34 45 33 35 36 37 39 41 43 46
Profit before tax 173 180 202 192 301 198 245 210 318 208 225 212 880
Tax % 21% 25% 30% 28% 17% 25% 26% 25% 22% 26% 25% 24% 8%
136 134 142 138 251 148 181 158 248 154 168 161 814
EPS in Rs 7.07 6.96 7.38 7.13 12.98 7.64 9.39 8.14 12.82 7.99 8.68 8.31 42.05
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
0 0 0 4,099 4,571 5,286 4,276 4,256 6,359 7,236 7,611 8,462
0 0 0 3,733 4,218 4,790 3,729 3,751 5,646 6,354 6,684 6,932
Operating Profit 0 0 0 366 353 496 547 504 713 882 926 1,530
OPM % 9% 8% 9% 13% 12% 11% 12% 12% 18%
0 0 0 31 26 59 62 25 74 162 216 188
Interest 0 0 0 74 59 53 30 21 13 24 32 25
Depreciation 0 0 0 121 128 140 161 150 145 146 141 169
Profit before tax 0 0 0 202 193 362 418 359 628 876 970 1,524
Tax % 21% 29% 33% 21% 24% 24% 24% 24% 15%
0 0 0 159 136 244 331 273 475 665 735 1,297
EPS in Rs 7.28 12.97 17.59 14.17 24.63 34.44 37.98 67.01
Dividend Payout % 24% 24% 19% 20% 25% 14% 10% 9% 5%
Compounded Sales Growth
10 Years: %
5 Years: 15%
3 Years: 10%
TTM: 11%
Compounded Profit Growth
10 Years: %
5 Years: 32%
3 Years: 41%
TTM: 79%
Stock Price CAGR
10 Years: %
5 Years: 50%
3 Years: 26%
1 Year: -26%
Return on Equity
10 Years: 22%
5 Years: 22%
3 Years: 25%
Last Year: 29%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 0.11 0.11 0.11 19 19 19 19 19 19 19 19 19
Reserves -0 -0 -0 1,123 1,194 1,406 1,694 2,274 2,682 3,273 3,951 5,191
0 0 0 776 679 517 309 346 381 502 513 153
0 0 0 918 1,042 1,038 751 1,282 1,285 1,100 1,277 1,212
Total Liabilities 0 0 0 2,836 2,934 2,980 2,772 3,921 4,367 4,894 5,761 6,576
0 0 0 886 918 986 1,062 997 1,023 995 1,113 1,326
CWIP 0 0 0 33 90 69 52 126 56 97 204 255
Investments 0 0 0 669 572 557 629 1,534 1,666 2,041 2,626 3,129
0 0 0 1,248 1,354 1,368 1,030 1,263 1,622 1,762 1,818 1,866
Total Assets 0 0 0 2,836 2,934 2,980 2,772 3,921 4,367 4,894 5,761 6,576

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-0 -0 -0 355 356 411 526 665 326 625 594 703
0 0 0 337 -128 -134 -216 -1,006 -290 -553 -552 -217
0 0 0 -683 -299 -255 -249 326 -42 39 -102 -451
Net Cash Flow -0 -0 0 10 -71 22 61 -15 -6 111 -59 36

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 47 46 36 37 49 44 35 45 41
Inventory Days 85 78 70 60 75 57 47 48 47
Days Payable 105 114 93 92 163 101 73 82 72
Cash Conversion Cycle 27 10 14 6 -38 0 9 10 16
Working Capital Days 14 1 11 7 -9 12 13 20 22
ROCE % 0% 0% 0% 28% 15% 22% 23% 17% 22% 28% 24% 32%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
46.45% 46.45% 46.44% 46.21% 46.13% 46.12% 45.11% 45.11% 45.04% 44.97% 44.11% 44.11%
25.90% 26.30% 28.82% 28.92% 29.41% 30.42% 28.83% 28.33% 27.40% 28.38% 28.25% 26.93%
14.70% 14.06% 11.76% 11.79% 12.25% 11.47% 14.14% 14.81% 15.50% 14.73% 15.04% 16.12%
0.00% 0.45% 0.45% 0.45% 0.45% 0.45% 0.45% 0.45% 0.45% 0.45% 0.45% 0.45%
12.95% 12.74% 12.55% 12.64% 11.77% 11.55% 11.48% 11.31% 11.60% 11.48% 12.15% 12.40%
No. of Shareholders 54,97277,07191,12283,88975,34376,47279,16880,77883,21587,03095,1521,02,308

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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