Automobile and Auto Components · NIFTY 500
Tube Investments of India Limited
NSETIINDIA
BSE540762 ISININE974X01010 SeriesEQ Listed on NSE · BSE
₹2,302.30 +16.30 (+0.71%) Updated 12 Nov, 9:19 pm IST
Price, daily close-27.49% in a year
Today
- Open
- ₹2,286.00
- Prev close
- ₹2,286.00
- Day high
- ₹2,349.00
- Day low
- ₹2,259.20
- Volume
- 6.30 L
- Value traded
- ₹145.51 Cr
- Upper circuit
- ₹2,376.10
- Lower circuit
- ₹2,237.70
- 52W high
- ₹3,335.20
- 52W low
- ₹2,005.20
- 1 month
- -3.17%
- 6 months
- -27.48%
52W low52W high
Ratios
Key numbers
Worked out from the latest filings (Consolidated) and today's price. TTM = last four quarters.
Market cap₹44,573 Cr
P/E (TTM)66.64
P/B5.50
Book value / share₹418.92
EPS (TTM)₹34.55
ROE8.2%
Dividend yield0.15%
Dividend (12m)₹3.50 / share
Net margin (TTM)2.6%
Operating margin10.0%
Debt / equity0.06
Current ratio1.69
EV / EBITDA18.69
Sales growth (YoY qtr)+32.73%
Profit growth (YoY qtr)+33.44%
Sales CAGR 3Y+15.15%
Profit CAGR 3Y-12.65%
Shares19.36 Cr
Quarterly results
Results for each quarter
Last 12 quarters, consolidated, ₹ crore. Hover a bar to see the number.
Revenue and net profit
Dec 23
Mar 24
Jun 24
Sep 24
Dec 24
Mar 25
Jun 25
Sep 25
Dec 25
Mar 26
Jun 26
Sep 26
Revenue · QoQ (vs last quarter)
—+7.0%+2.0%+7.6%-2.3%+7.0%+3.1%+4.0%+5.0%+7.1%+0.0%+18%
Revenue · YoY (vs a year ago)
————+15%+15%+16%+12%+21%+21%+17%+33%
Net profit · QoQ (vs last quarter)
—-64%+19%-8.2%-6.4%-76%+327%-6.1%-11%-48%+97%+48%
Net profit · YoY (vs a year ago)
————-64%-75%-12%-9.7%-14%+84%-15%+33%
RevenueNet profitLine = trend
Dec 23
Mar 24
Jun 24
Sep 24
Dec 24
Mar 25
Jun 25
Sep 25
Dec 25
Mar 26
Jun 26
Sep 26
EPS (₹) · YoY (vs a year ago)
————-64%-75%-12%-9.7%-14%+84%-15%+33%
EPS (₹)Line = trend
| ₹ Cr | Dec 23 | Mar 24 | Jun 24 | Sep 24 | Dec 24 | Mar 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,197 | 4,490 | 4,578 | 4,925 | 4,812 | 5,150 | 5,309 | 5,523 | 5,801 | 6,215 | 6,215 | 7,330 |
| Other income | 58.3 | 83.4 | 64.7 | 70.7 | 77.4 | 158 | 71.6 | 92.7 | 106 | 117 | 112 | 111 |
| Total income | 4,255 | 4,573 | 4,643 | 4,995 | 4,890 | 5,308 | 5,381 | 5,615 | 5,907 | 6,332 | 6,327 | 7,442 |
| Raw material | 2,586 | 2,760 | 2,893 | 2,970 | 2,949 | 3,224 | 3,308 | 3,483 | 3,635 | 3,826 | 4,116 | 4,752 |
| Purchases | 190 | 203 | 241 | 234 | 242 | 233 | 235 | 213 | 236 | 297 | 290 | 243 |
| Employee cost | 379 | 407 | 416 | 443 | 454 | 477 | 529 | 567 | 568 | 615 | 624 | 647 |
| Other expenses | 600 | 702 | 659 | 730 | 713 | 942 | 751 | 803 | 838 | 943 | 929 | 1,037 |
| Total expenses | 3,865 | 4,172 | 4,179 | 4,569 | 4,463 | 4,966 | 4,932 | 5,156 | 5,405 | 5,823 | 5,866 | 6,799 |
| Operating profit | 469 | 445 | 529 | 490 | 491 | 329 | 546 | 544 | 528 | 572 | 548 | 734 |
| OPM % | 11.2% | 9.9% | 11.5% | 10.0% | 10.2% | 6.4% | 10.3% | 9.9% | 9.1% | 9.2% | 8.8% | 10.0% |
| Finance cost | 13.5 | 15.0 | 15.7 | 16.2 | 15.0 | 16.5 | 16.7 | 14.1 | 15.5 | 15.8 | 16.3 | 19.2 |
| Depreciation | 123 | 119 | 114 | 119 | 127 | 137 | 152 | 164 | 173 | 175 | 183 | 183 |
| Exceptional items | — | -6.1 | — | — | — | -8.1 | — | — | -57.0 | -11.0 | — | — |
| Profit before tax | 390 | 395 | 464 | 426 | 427 | 334 | 449 | 459 | 445 | 498 | 461 | 643 |
| Tax | 118 | 124 | 150 | 127 | 146 | 175 | 146 | 157 | 166 | 266 | 167 | 223 |
| Net profit | 824 | 271 | 314 | 299 | 280 | 158 | 303 | 302 | 279 | 234 | 294 | 421 |
| Profit to shareholders | 531 | 190 | 225 | 207 | 194 | 46.5 | 199 | 187 | 166 | 85.5 | 169 | 249 |
| EPS (₹) | 27.44 | 9.79 | 11.63 | 10.68 | 9.99 | 2.40 | 10.27 | 9.64 | 8.57 | 4.42 | 8.70 | 12.86 |
Profit & loss
Results for each year
8 financial years (April to March), consolidated, ₹ crore.
Sales, operating profit and net profit
FY19
FY20
FY21
FY22
FY23
FY24
FY25
FY26
Revenue · YoY (vs a year ago)
—-18%+28%+106%+19%+13%+15%+17%
Net profit · YoY (vs a year ago)
—+27%-6.5%+169%+24%+26%-44%-5.5%
RevenueOperating profitNet profitLine = trend
| ₹ Cr | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,775 | 4,750 | 6,083 | 12,525 | 14,965 | 16,890 | 19,465 | 22,847 |
| Other income | 53.2 | 62.3 | 111 | 109 | 143 | 252 | 371 | 387 |
| Total expenses | 5,445 | 4,388 | 5,741 | 11,499 | 13,515 | 15,459 | 18,171 | 21,316 |
| Employee cost | 578 | 587 | 711 | 1,045 | 1,205 | 1,493 | 1,790 | 2,279 |
| Operating profit | 548 | 557 | 593 | 1,454 | 1,896 | 1,950 | 1,838 | 2,190 |
| OPM % | 9.5% | 11.7% | 9.7% | 11.6% | 12.7% | 11.5% | 9.4% | 9.6% |
| Finance cost | 52.8 | 30.4 | 40.9 | 58.3 | 42.5 | 52.3 | 63.5 | 62.0 |
| Depreciation | 162 | 185 | 251 | 349 | 396 | 465 | 492 | 664 |
| Profit before tax | 386 | 403 | 412 | 1,155 | 1,601 | 1,683 | 1,654 | 1,851 |
| Tax | 127 | 89.9 | 108 | 161 | 423 | 496 | 599 | 734 |
| Tax rate % | 32.8% | 22.3% | 26.1% | 13.9% | 26.4% | 29.5% | 36.2% | 39.7% |
| Net profit | 251 | 313 | 305 | 991 | 1,325 | 1,723 | 1,054 | 1,118 |
| Profit to shareholders | 240 | 306 | 286 | 769 | 956 | 1,201 | 674 | 637 |
| Net margin % | 4.2% | 6.4% | 4.7% | 6.1% | 6.4% | 7.1% | 3.5% | 2.8% |
| EPS (₹) | 12.85 | 16.28 | 15.10 | 39.76 | 58.01 | 62.04 | 34.80 | 32.90 |
Balance sheet
Assets and debt
At each year end (and the latest half year), ₹ crore.
Equity, debt and assets
Mar 23
Mar 24
Mar 25
Mar 26
Sep 26
Shareholders' equity · YoY (vs a year ago)
—+29%+8.6%+40%—
Shareholders' equityBorrowingsCashLine = trend
| ₹ Cr | Mar 23 | Mar 24 | Mar 25 | Mar 26 | Sep 26 |
|---|---|---|---|---|---|
| Shareholders' equity | 3,951 | 5,100 | 5,536 | 7,751 | 8,110 |
| Long-term borrowings | 44.2 | 49.1 | 66.8 | 58.3 | 63.7 |
| Short-term borrowings | 585 | 691 | 376 | 334 | 439 |
| Total borrowings | 629 | 740 | 443 | 392 | 502 |
| Current liabilities | 3,995 | 4,829 | 5,167 | 6,555 | 8,369 |
| Fixed assets (PPE) | 2,221 | 2,657 | 3,203 | 4,095 | 4,497 |
| Inventories | 1,353 | 1,788 | 2,224 | 2,853 | 3,601 |
| Trade receivables | 2,129 | 2,733 | 3,305 | 4,367 | 5,395 |
| Cash & equivalents | 843 | 536 | 656 | 532 | 569 |
| Current assets | 5,775 | 7,848 | 9,356 | 12,226 | 14,163 |
| Total assets | 10,252 | 13,179 | 15,964 | 21,487 | 24,045 |
| Debt / equity | 0.16 | 0.15 | 0.08 | 0.05 | 0.06 |
Cash flow
Cash coming in and going out
For each financial year, ₹ crore. Free cash flow = cash from operations minus spending on fixed assets.
Operating, investing and financing cash
FY22
FY23
FY24
FY25
FY26
Operations · YoY (vs a year ago)
—+58%-51%+80%-4.3%
OperationsInvestingFinancingLine = trend
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 877 | 1,386 | 675 | 1,213 | 1,161 |
| Cash from investing | -79.3 | -871 | -1,657 | -1,615 | -3,953 |
| Cash from financing | -899 | -74.7 | 645 | 522 | 2,668 |
| Spent on fixed assets | -248 | -416 | -851 | -1,213 | -1,433 |
| Free cash flow | 629 | 970 | -176 | 0.5 | -272 |
| Net cash flow | -101 | 440 | -336 | 121 | -124 |
Shareholding
Who holds the shares
Promoter and public holding at each quarter end, as filed with NSE.
Holding over time
Promoter & groupPublic
Latest (30 Sep 2026)
44.1%promoter
- Promoter & group
- 44.10%
- Public (FIIs, mutual funds, retail…)
- 55.90%
- Promoter change, last quarter
- 0.00 pts
Dividends & news
Latest dividends and announcements
Dividends & corporate actions
- Dividend - Rs 1.50 Per Share
- Interim Dividend - Rs 2 Per Share
- Dividend - Rs 1.50 Per Share
- Interim Dividend - Rs 2 Per Share
- Annual General Meeting/Dividend - Rs 1.50 Per Share
- Interim Dividend - Rs 2 Per Share
- Annual General Meeting/Dividend - Rs 1.50 Per Share
- Interim Dividend - Rs 2 Per Share
Board meetings
- TUBE INVESTMENTS OF INDIA LIMITED has informed the Exchange about Board Meeting to be held on 05-Nov-2026 to inter-alia consider and approve the Unau…
- the financial results for the period ended September 30, 2026
- TUBE INVESTMENTS OF INDIA LIMITED has informed the Exchange about Board Meeting to be held on 14-Aug-2026 to inter-alia consider and approve the Unau…
- the Unaudited financial results for the quarter ended Jun 30, 2026
- the Yearly Audited Financial results of the Company for the period ended March 2026 and Dividend/Fund raising.
Filings with NSE
- Analysts/Institutional Investor Meet/Con. Call Updates
- Analysts/Institutional Investor Meet/Con. Call Updates
- Press Release
- Capacity addition
- Outcome of Board Meeting
- Action(s) initiated or orders passed
- Analysts/Institutional Investor Meet/Con. Call Updates
Latest news
Tube Investments of India shares surge 8% after Q1 earnings. What Motilal Oswal is sayingThe Economic Times · 18 Aug, 12:30 pmTube Investments share price rallies 9% post Q1 earnings commentaryBusiness Standard · 18 Aug, 12:30 pmTube Investments of India shares rise over 2% in early tradeMoneycontrol.com · 18 Aug, 12:30 pmWhy Tube Investments of India Share Price is RisingEquitymaster · 18 Aug, 12:30 pmTube Investments Q1FY27 revenue up 17%; PAT dips 3% on steel costsscanx.trade · 14 Aug, 4:12 pmTube Investments of India (TIINDIA) Share Price hits fresh 52-week lowUnivest · 21 Oct, 12:30 pmTube Investments Reports 17% Q1 Revenue Growth in Key Business AreasSahi · 17 Aug, 12:30 pmTube Investments of India Shares Fall 2.04% to Rs 2,781.00Moneycontrol.com · 13 Aug, 12:30 pmAbout
About Tube Investments of India Limited
Tube Investments of India Limited is an Indian engineering and manufacturing company that specializes in bicycles, metal formed products, and chains. It is based in Chennai and a part of Murugappa Group. It was incorporated as TI Cycles of India Limited in 1949, as a joint venture company.
From Wikipedia (CC BY-SA 4.0).
BRANDS
Company details
- Company name
- Tube Investments of India Limited
- NSE symbol
- TIINDIA
- BSE scrip code
- 540762
- ISIN
- INE974X01010
- Listed on
- NSE, BSE
- Series
- EQ (normal equity)
- Listed on NSE since
- 2 Nov 2017
- Face value
- ₹1 per share
- Market lot
- 1 share
- Shares issued
- 19.36 crore
- Index
- NIFTY 500
- Sector (NSE)
- Automobile and Auto Components
- Industry
- Steel
- Managing director / CEO
- Mukesh Ahuja
- Chair
- M A M Arunachalam
- Headquarters
- Chennai, Tamil Nadu, India
- Registered address
- Chola Crest, No C54-55 & Super B-4, Thiru Vi Ka Industrial Estate, Guindy, Chennai 600 032
- Founded
- 2008
- Employees
- 19,253
- Financial year
- April to March
- Results basis
- Consolidated
- Website
- tiindia.com
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Prices from NSE via Upstox. Financials from the company's results filed with NSE (XBRL); ratios are our own working. Profile from global-stock-logos (MIT). For information only, not a recommendation to buy or sell.