Tube Investments of India Ltd

About

Tube Investments of India Limited, together with its subsidiaries, engages in the manufacture and sale of precision engineered and metal formed products to automotive, railway, construction, agriculture, etc. in India. It operates through eight segments: Engineering, Metal Formed Products, Mobility, Gear and Gear Products, Power Systems, Industrial Systems, Medical, and Semiconductors. The Engineering segment offers cold rolled steel strips, precision steel tubes, cold drawn welded tubes, electric resistance welded tubes, and tubular components. The Metal Formed Products segments provides automotive chains, fine blanked and stamped products, roll-formed car doorframes, and cold rolled formed sections. The Mobility segment offers standard bicycles; special bicycles, including alloy bikes; specialty performance bikes; fitness equipment; and electric bicycles, as well as cycling accessories and spare parts. The Gear and Gear Products segment provides gears, gear boxes, gear motors, and gear assemblies. The Power Systems segment offers transformers and switchgears, as well as engages automation and turnkey projects. The Industrial Systems segment provides electric motors, alternators, drives, and traction electronics, as well as SCADA solutions. The Electric Vehicle segment offers electric three-wheelers, tractors, and commercial vehicles. The Medical segment is involved in the provision of medical consumables; and contract development and manufacturing operations of active pharmaceutical ingredients. It also offers industrial chains, optic lens, TMT bars and TI machine building solutions. The company was founded in 1900 and is based in Chennai, India.

Key Metrics

as of Sep 2026

Market Cap52,631 Cr

P/E84.00

Div Yield0.13 %

Book Value₹400.00

52w High₹3,420.00

52w Low₹2,165.00

Face Value₹1.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	2,366.00	2,279.00	2,152.00	2,119.00	2,007.00	1,957.00	1,910.00	2,065.00	1,960.00	1,962.00	1,898.00	1,970.00	1,780.00
Expenses	2,120.00	2,027.00	1,843.00	1,842.00	1,759.00	1,729.00	1,667.00	1,819.00	1,717.00	1,745.00	1,659.00	1,718.00	1,564.00
Operating Profit	246.00	251.00	309.00	277.00	247.00	228.00	243.00	246.00	243.00	217.00	239.00	251.00	216.00
OPM %	10.00	11.00	14.00	13.00	12.00	12.00	13.00	12.00	12.00	11.00	13.00	13.00	12.00
Other Income	17.00	156.00	-7.00	23.00	23.00	704.00	17.00	26.00	10.00	145.00	14.00	36.00	22.00
Depreciation	49.00	49.00	48.00	47.00	45.00	46.00	43.00	41.00	39.00	37.00	36.00	35.00	33.00
Interest	1.00	1.00	1.00	2.00	4.00	5.00	5.00	7.00	7.00	7.00	7.00	8.00	7.00
Profit before tax	213.00	357.00	253.00	250.00	222.00	880.00	212.00	225.00	208.00	318.00	210.00	245.00	198.00
Tax %	25.00	21.00	25.00	25.00	24.00	8.00	24.00	25.00	26.00	22.00	25.00	26.00	25.00
Net Profit	159.00	284.00	189.00	187.00	168.00	814.00	161.00	168.00	154.00	248.00	158.00	181.00	148.00
EPS in Rs	8.19	14.65	9.77	9.65	8.69	42.05	8.31	8.68	7.99	12.82	8.14	9.39	7.64

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	8,556.00	7,893.00	7,611.00	7,236.00	6,359.00	4,256.00	4,276.00	5,286.00	4,571.00	4,099.00	0.00	0.00
Expenses	7,470.00	6,930.00	6,684.00	6,354.00	5,646.00	3,751.00	3,729.00	4,790.00	4,218.00	3,733.00	0.00	0.00
Operating Profit	1,086.00	962.00	926.00	882.00	713.00	504.00	547.00	496.00	353.00	366.00	0.00	0.00
OPM %	13.00	12.00	12.00	12.00	11.00	12.00	13.00	9.00	8.00	9.00	—	—
Other Income	195.00	757.00	216.00	162.00	74.00	25.00	62.00	59.00	26.00	31.00	0.00	0.00
Interest	9.00	27.00	32.00	24.00	13.00	21.00	30.00	53.00	59.00	74.00	0.00	0.00
Depreciation	189.00	169.00	141.00	146.00	145.00	150.00	161.00	140.00	128.00	121.00	0.00	0.00
Profit before tax	1,083.00	1,524.00	970.00	876.00	628.00	359.00	418.00	362.00	193.00	202.00	0.00	0.00
Tax %	24.00	15.00	24.00	24.00	24.00	24.00	21.00	33.00	29.00	21.00	—	—
Net Profit	827.00	1,297.00	735.00	665.00	475.00	273.00	331.00	244.00	136.00	159.00	0.00	0.00
EPS in Rs	42.75	67.01	37.98	34.44	24.63	14.17	17.59	12.97	7.28	—	—	—
Dividend Payout %	8.00	5.00	9.00	10.00	14.00	25.00	20.00	19.00	24.00	24.00	—	—

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	0.11	0.11
Reserves	5,968.00	5,191.00	3,951.00	3,273.00	2,682.00	2,274.00	1,694.00	1,406.00	1,194.00	1,123.00	0.00	0.00
Borrowings	50.00	153.00	513.00	502.00	381.00	346.00	309.00	517.00	679.00	776.00	0.00	0.00
Other Liabilities	1,455.00	1,212.00	1,277.00	1,100.00	1,285.00	1,293.00	745.00	1,038.00	1,042.00	918.00	0.00	0.00
Total Liabilities	7,492.00	6,576.00	5,761.00	4,894.00	4,367.00	3,932.00	2,766.00	2,980.00	2,934.00	2,836.00	0.00	0.00
Fixed Assets	1,546.00	1,326.00	1,113.00	995.00	1,023.00	997.00	1,062.00	986.00	918.00	886.00	0.00	0.00
CWIP	56.00	255.00	204.00	97.00	56.00	126.00	52.00	69.00	90.00	33.00	0.00	0.00
Investments	3,783.00	3,129.00	2,626.00	2,041.00	1,666.00	1,534.00	629.00	557.00	572.00	669.00	0.00	0.00
Other Assets	2,107.00	1,866.00	1,818.00	1,762.00	1,622.00	1,274.00	1,024.00	1,368.00	1,354.00	1,248.00	0.00	0.00
Total Assets	7,492.00	6,576.00	5,761.00	4,894.00	4,367.00	3,932.00	2,766.00	2,980.00	2,934.00	2,836.00	0.00	0.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	898.00	703.00	594.00	625.00	326.00	664.00	528.00	411.00	356.00	355.00	0.00	0.00
Cash from Investing Activity	-754.00	-217.00	-552.00	-553.00	-290.00	-1,005.00	-218.00	-134.00	-128.00	337.00	0.00	0.00
Cash from Financing Activity	-177.00	-451.00	-102.00	39.00	-42.00	326.00	-249.00	-255.00	-299.00	-683.00	0.00	0.00
Net Cash Flow	-32.00	36.00	-59.00	111.00	-6.00	-15.00	61.00	22.00	-71.00	10.00	0.00	0.00
Free Cash Flow	669.00	280.00	256.00	445.00	206.00	540.00	333.00	243.00	144.00	211.00	0.00	-136.00
CFO/OP %	104.00	97.00	90.00	95.00	65.00	150.00	118.00	105.00	119.00	107.00	—	—

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	47.00	44.00	45.00	35.00	44.00	52.00	37.00	36.00	46.00	47.00	—	—
Inventory Days	49.00	47.00	48.00	47.00	57.00	75.00	60.00	70.00	78.00	85.00	—	—
Days Payable	85.00	72.00	82.00	73.00	101.00	167.00	92.00	93.00	114.00	105.00	—	—
Cash Conversion Cycle	11.00	19.00	10.00	9.00	0.00	-40.00	6.00	14.00	10.00	27.00	—	—
Working Capital Days	21.00	19.00	-2.00	-11.00	-8.00	-31.00	-8.00	-11.00	-18.00	-12.00	—	—
ROCE %	20.00	32.00	24.00	28.00	22.00	17.00	23.00	22.00	15.00	28.00	0.00	0.00

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	43.93	44.05	44.06	44.09	44.09	44.11	44.11	44.97	45.04	45.11	45.11	46.12
FIIs	22.35	21.42	23.15	25.45	26.31	26.93	28.25	28.38	27.40	28.33	28.83	30.42
DIIs	21.01	21.75	19.68	17.71	16.78	16.12	15.04	14.73	15.50	14.81	14.14	11.47
Public	12.26	12.33	12.67	12.29	12.35	12.40	12.15	11.48	11.60	11.31	11.48	11.55
No. of Shareholders	100,623	106,178	108,615	104,102	106,311	102,308	95,152	87,030	83,215	80,778	79,168	76,472

Corporate Actions

18 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Dividend	07 Aug 2026	07 Aug 2026	—	1.50
Dividend	10 Feb 2026	10 Feb 2026	—	2.00
Dividend	25 Jul 2025	25 Jul 2025	—	1.50
Dividend	07 Feb 2025	07 Feb 2025	—	2.00
Dividend	23 Jul 2024	—	—	1.50
Dividend	13 Feb 2024	13 Feb 2024	—	2.00
Dividend	26 Jul 2023	—	—	1.50
Dividend	15 Feb 2023	15 Feb 2023	—	2.00
Dividend	20 Jul 2022	—	—	1.50
Dividend	17 Feb 2022	18 Feb 2022	—	2.00
Dividend	04 Aug 2021	—	—	1.50
Dividend	22 Feb 2021	23 Feb 2021	—	2.00
Other	15 Jul 2020	—	—	—	Annual General Meeting
Dividend	11 Mar 2020	12 Mar 2020	—	3.50
Dividend	08 Jul 2019	—	—	0.75
Dividend	14 Feb 2019	15 Feb 2019	—	1.75
Dividend	30 Jul 2018	—	—	0.50
Dividend	22 Feb 2018	23 Feb 2018	—	1.25