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

₹ 3,011 0.36%
22 May - 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

Leadership[1]
Company is the largest manufacturer of cold drawn welded steel tubes in India. It’s the market leader of transmission chains in India & 2nd largest manufacturer of cycles transmission chain in India. It has 35+ manufacturing locations.

Website BSE NSE
  • Market Cap ₹ 58,287 Cr.
  • Current Price ₹ 3,011
  • High / Low ₹ 3,420 / 2,165
  • Stock P/E 69.0
  • Book Value ₹ 309
  • Dividend Yield 0.12 %
  • ROCE 19.5 %
  • ROE 15.1 %
  • Face Value ₹ 1.00
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Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 9.73 times its book value

* 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 BSE Dollex 200 Nifty 500

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
1,663 1,780 1,970 1,898 1,962 1,960 2,065 1,910 1,957 2,007 2,119 2,152 2,279
1,453 1,564 1,718 1,659 1,745 1,717 1,819 1,667 1,729 1,759 1,842 1,843 2,027
Operating Profit 211 216 251 239 217 243 246 243 228 247 277 309 251
OPM % 13% 12% 13% 13% 11% 12% 12% 13% 12% 12% 13% 14% 11%
142 22 36 14 145 10 26 17 704 23 23 -7 156
Interest 7 7 8 7 7 7 7 5 5 4 2 1 1
Depreciation 45 33 35 36 37 39 41 43 46 45 47 48 49
Profit before tax 301 198 245 210 318 208 225 212 880 222 250 253 357
Tax % 17% 25% 26% 25% 22% 26% 25% 24% 8% 24% 25% 25% 21%
251 148 181 158 248 154 168 161 814 168 187 189 284
EPS in Rs 12.98 7.64 9.39 8.14 12.82 7.99 8.68 8.31 42.05 8.69 9.65 9.77 14.65
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-0 -0 4,099 4,571 5,286 4,276 4,256 6,359 7,236 7,611 7,893 8,556
-0 -0 3,733 4,218 4,790 3,729 3,751 5,646 6,354 6,684 6,930 7,472
Operating Profit -0 -0 366 353 496 547 504 713 882 926 962 1,084
OPM % 9% 8% 9% 13% 12% 11% 12% 12% 12% 13%
-0 -0 31 26 59 62 25 74 162 216 757 195
Interest -0 -0 74 59 53 30 21 13 24 32 27 8
Depreciation -0 -0 121 128 140 161 150 145 146 141 169 189
Profit before tax -0 -0 202 193 362 418 359 628 876 970 1,524 1,083
Tax % 21% 29% 33% 21% 24% 24% 24% 24% 15% 24%
-0 -0 159 136 244 331 273 475 665 735 1,297 827
EPS in Rs 7.28 12.97 17.59 14.17 24.63 34.44 37.98 67.01 42.75
Dividend Payout % 24% 24% 19% 20% 25% 14% 10% 9% 5% 8%
Compounded Sales Growth
10 Years: %
5 Years: 15%
3 Years: 6%
TTM: 8%
Compounded Profit Growth
10 Years: %
5 Years: 24%
3 Years: 6%
TTM: -36%
Stock Price CAGR
10 Years: %
5 Years: 20%
3 Years: 4%
1 Year: -1%
Return on Equity
10 Years: 20%
5 Years: 21%
3 Years: 21%
Last Year: 15%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 0.11 0.11 19 19 19 19 19 19 19 19 19 19
Reserves -0 -0 1,123 1,194 1,406 1,694 2,274 2,682 3,273 3,951 5,191 5,968
-0 -0 776 679 517 309 346 381 502 513 153 50
-0 -0 918 1,042 1,038 745 1,293 1,285 1,100 1,277 1,212 1,455
Total Liabilities 0 0 2,836 2,934 2,980 2,766 3,932 4,367 4,894 5,761 6,576 7,492
-0 -0 886 918 986 1,062 997 1,023 995 1,113 1,326 1,546
CWIP -0 -0 33 90 69 52 126 56 97 204 255 56
Investments 0 -0 669 572 557 629 1,534 1,666 2,041 2,626 3,129 3,783
-0 0 1,248 1,354 1,368 1,024 1,274 1,622 1,762 1,818 1,866 2,107
Total Assets 0 0 2,836 2,934 2,980 2,766 3,932 4,367 4,894 5,761 6,576 7,492

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-0 -0 355 356 411 528 664 326 625 594 703 898
-0 0 337 -128 -134 -218 -1,005 -290 -553 -552 -217 -754
-0 -0 -683 -299 -255 -249 326 -42 39 -102 -451 -177
Net Cash Flow -0 0 10 -71 22 61 -15 -6 111 -59 36 -32
Free Cash Flow -136 -0 211 144 243 333 540 206 445 256 280 669
CFO/OP 107% 119% 105% 118% 150% 65% 95% 90% 97% 104%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 47 46 36 37 52 44 35 45 44 47
Inventory Days 85 78 70 60 75 57 47 48 47 49
Days Payable 105 114 93 92 167 101 73 82 72 85
Cash Conversion Cycle 27 10 14 6 -40 0 9 10 19 11
Working Capital Days -12 -18 -11 -8 -31 -8 -11 -2 19 33
ROCE % -0% -0% 28% 15% 22% 23% 17% 22% 28% 24% 32% 20%

Insights

In beta
Mar 2014 Mar 2015 Mar 2017 Mar 2018 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Energy Intensity - Bicycles
kWh per cycle

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Return on Invested Capital (ROIC) Standalone (Pre-tax)
%
Energy Intensity - Tubes & Steel Strips
kWh per ton
Bicycle Sales Volume
Lakh Units
Electric Heavy Commercial Vehicles (HCV) Sales Volume
Units
Organized Bicycle Market Share
%
Electric Vehicle Touchpoints
Count
Engineering Division Capacity Utilization
%
Number of Manufacturing Plants
Count

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
46.13% 46.12% 45.11% 45.11% 45.04% 44.97% 44.11% 44.11% 44.09% 44.09% 44.06% 44.05%
29.41% 30.42% 28.83% 28.33% 27.40% 28.38% 28.25% 26.93% 26.31% 25.45% 23.15% 21.42%
12.25% 11.47% 14.14% 14.81% 15.50% 14.73% 15.04% 16.12% 16.78% 17.71% 19.68% 21.75%
0.45% 0.45% 0.45% 0.45% 0.45% 0.45% 0.45% 0.45% 0.45% 0.45% 0.45% 0.45%
11.77% 11.55% 11.48% 11.31% 11.60% 11.48% 12.15% 12.40% 12.35% 12.29% 12.67% 12.33%
No. of Shareholders 75,34376,47279,16880,77883,21587,03095,1521,02,3081,06,3111,04,1021,08,6151,06,178

* 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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