Tube Investments of India Ltd
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]
- Market Cap ₹ 60,188 Cr.
- Current Price ₹ 3,109
- High / Low ₹ 4,811 / 2,400
- Stock P/E 88.8
- Book Value ₹ 286
- Dividend Yield 0.11 %
- ROCE 21.6 %
- ROE 12.8 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Stock is trading at 10.9 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
0 | 4,479 | 5,000 | 5,773 | 4,750 | 6,083 | 12,447 | 14,964 | 16,890 | 19,465 | |
0 | 4,073 | 4,626 | 5,240 | 4,169 | 5,442 | 10,997 | 13,081 | 14,921 | 17,616 | |
Operating Profit | 0 | 406 | 374 | 533 | 582 | 641 | 1,450 | 1,883 | 1,969 | 1,849 |
OPM % | 9% | 7% | 9% | 12% | 11% | 12% | 13% | 12% | 10% | |
0 | 41 | 55 | 62 | 40 | 70 | 147 | 319 | 787 | 360 | |
Interest | 0 | 77 | 62 | 56 | 34 | 47 | 99 | 58 | 73 | 63 |
Depreciation | 0 | 149 | 154 | 162 | 185 | 251 | 347 | 396 | 465 | 492 |
Profit before tax | 0 | 221 | 214 | 378 | 403 | 412 | 1,152 | 1,748 | 2,218 | 1,653 |
Tax % | 21% | 27% | 34% | 22% | 26% | 14% | 24% | 22% | 36% | |
0 | 174 | 156 | 251 | 313 | 305 | 991 | 1,325 | 1,723 | 1,054 | |
EPS in Rs | 7.86 | 12.81 | 16.31 | 14.85 | 39.85 | 49.48 | 62.08 | 34.82 | ||
Dividend Payout % | 0% | 17% | 20% | 21% | 24% | 9% | 7% | 6% | 10% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 33% |
3 Years: | 16% |
TTM: | 15% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | -4% |
TTM: | -43% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 47% |
3 Years: | 21% |
1 Year: | -27% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 22% |
3 Years: | 21% |
Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.11 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
Reserves | -0 | 1,169 | 1,254 | 1,457 | 1,715 | 2,152 | 3,052 | 3,931 | 5,080 | 5,516 |
0 | 851 | 776 | 611 | 414 | 1,972 | 871 | 726 | 896 | 703 | |
0 | 1,097 | 1,263 | 1,263 | 932 | 4,892 | 4,932 | 5,583 | 7,109 | 9,725 | |
Total Liabilities | 0 | 3,135 | 3,312 | 3,349 | 3,080 | 9,036 | 8,874 | 10,260 | 13,105 | 15,964 |
0 | 1,306 | 1,358 | 1,429 | 1,515 | 3,477 | 3,324 | 3,588 | 4,417 | 5,247 | |
CWIP | 0 | 34 | 90 | 69 | 58 | 135 | 128 | 191 | 381 | 733 |
Investments | 0 | 202 | 134 | 132 | 186 | 369 | 542 | 729 | 1,370 | 931 |
0 | 1,593 | 1,730 | 1,719 | 1,321 | 5,054 | 4,880 | 5,752 | 6,938 | 9,055 | |
Total Assets | 0 | 3,135 | 3,312 | 3,349 | 3,080 | 9,036 | 8,874 | 10,260 | 13,105 | 15,964 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
-0 | 383 | 409 | 493 | 596 | 268 | 896 | 1,386 | 675 | 1,213 | |
0 | 316 | -181 | -196 | -246 | -63 | -79 | -850 | -1,657 | -1,615 | |
0 | -685 | -291 | -280 | -284 | 286 | -921 | -75 | 645 | 522 | |
Net Cash Flow | 0 | 14 | -63 | 17 | 66 | 491 | -104 | 461 | -336 | 120 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 50 | 51 | 41 | 40 | 77 | 52 | 52 | 59 | 62 | |
Inventory Days | 101 | 93 | 84 | 75 | 111 | 58 | 50 | 59 | 63 | |
Days Payable | 107 | 117 | 96 | 94 | 226 | 103 | 85 | 92 | 89 | |
Cash Conversion Cycle | 44 | 26 | 29 | 22 | -38 | 8 | 17 | 26 | 36 | |
Working Capital Days | 33 | 18 | 21 | 18 | -90 | -17 | 15 | 25 | 48 | |
ROCE % | 26% | 13% | 20% | 21% | 14% | 27% | 32% | 26% | 22% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Copy of Newspaper Publication - AGM Updates
- Closure of Trading Window 2d
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
17 Jun - Scheduled one-on-one analyst/investor meetings on 20th June 2025 at 3 PM and 4 PM.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
17 Jun - Analyst/Investor meet scheduled to be held on 20th June 2025
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Announcement under Regulation 30 (LODR)-Change in Directorate
16 Jun - Independent Director Sasikala Varadachari retires on 16 June 2025 after tenure completion.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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May 2025Transcript PPT
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT
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Aug 2024TranscriptPPT
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May 2024TranscriptPPTREC
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Feb 2024Transcript PPT
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Oct 2023Transcript PPT
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Aug 2023TranscriptPPT
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May 2023TranscriptPPT
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Feb 2022TranscriptPPT
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Oct 2021TranscriptPPT
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Aug 2021TranscriptPPT
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Jun 2021TranscriptPPT
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Mar 2021TranscriptPPT
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Oct 2020TranscriptPPT
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Sep 2020TranscriptPPT
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Jul 2020TranscriptPPT
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May 2020TranscriptPPT
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Jan 2020TranscriptPPT
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Dec 2019Transcript PPT
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Nov 2019TranscriptNotesPPT
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Jul 2019TranscriptPPT
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May 2019TranscriptPPT
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Feb 2019TranscriptPPT
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Nov 2018TranscriptPPT
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Aug 2018TranscriptPPT
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May 2018TranscriptPPT
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Feb 2018TranscriptPPT
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Nov 2017Transcript PPT
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]