Tube Investments of India
- Market cap
- ₹ 40,186 Cr.
- P/E
- 66.2x
- P/B
- 5.24x
- 52-week range
- 2,005.2 – 3,335.2
- ROE
- 10%
- ROCE
- 17%
- Dividend yield
- 0.2%
- Debt / equity
- 0.1
- Sector
- Auto Components
- Industry
- Auto Components & Equipments
- Listed on
- NSE, BSE
About
Tube Investments of India Limited is an India-based engineering company. Its divisions include Mobility, Engineering, Metal-Formed Products, and Others. The Mobility division comprises standard bi-cycles, special bi-cycles, such as alloy bikes and specialty performance bikes, fitness equipment and three-wheeler electric vehicles. The Engineering division comprises cold rolled steel strips and precision steel tubes, such as cold drawn welded tubes and electric resistant welded (ERW) tubes. The Metal Formed Products division comprises automotive chains, fine blanked products, stamped products, roll-formed car door frames and cold rolled formed sections for railway wagons and passenger coaches. The other product division includes TIDC industrial chains, TI Macho TMT Bars, and TI Optoelectronic Solutions. Its products include Engineering Class Chains, cowl cross beam, cam chain, and others. Its subsidiaries are Shanthi Gears Ltd and CG Power and Industrial Solutions Ltd.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Auto Components & Equipments: 155 companies →Tube Investments of India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)66.2 against a typical 27.4: pricier than most peers (1st = cheapest).129th of 153
- Sales growth+17.1% against a typical +20.7% from a year earlier.91st of 142
- Profit growth−3% against a typical +15.3% from a year earlier.95th of 127
- Share price, 3 months−23.4% against a typical −4.4%.132nd of 142
- Size₹ 40,185.6 Cr. market value against a typical ₹ 728 Cr. (1st = largest).6th of 138
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA+ by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil AA+ | Stable | 15 Sep 2026 |
| ICRA | [ICRA]AA+ | Stable | 27 Nov 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 15 Sep 2026 | Reaffirmed | Crisil AA+ | — | CRISIL | ₹ 1,500 Cr. | |
| 27 Nov 2025 | Reaffirmed | [ICRA]AA+ | — | ICRA | ₹ 2,075 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 5 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 14 Aug 2026 | Financial Results | To consider and approve the Unaudited financial results for the quarter ended Jun 30, 2026 |
| 13 May 2026 | Financial Results/Dividend/Fund Raising | To consider and approve the financial results for the period ended March 31, 2026, dividend and Fund Raising |
| 4 Feb 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended December 31, 2025 and dividend |
| 5 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 1 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 15 May 2025 | Financial Results/Dividend/Fund Raising | To consider and approve the financial results for the period ended March 31, 2025, dividend and Fund Raising |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,306 | 4,197 | 4,490 | 4,578 | 4,925 | 4,812 | 5,150 | 5,309 | 5,523 | 5,801 | 6,215 | 6,215 |
| Expenses | 3,744 | 3,728 | 4,039 | 4,047 | 4,434 | 4,321 | 4,813 | 4,763 | 4,978 | 5,216 | 5,632 | 5,667 |
| Operating Profit | 562 | 469 | 451 | 531 | 490 | 491 | 337 | 546 | 544 | 585 | 583 | 548 |
| OPM % | 13% | 11% | 10% | 12% | 10% | 10% | 7% | 10% | 10% | 10% | 9% | 9% |
| Other Income | 59 | 609 | 77 | 62 | 71 | 77 | 150 | 72 | 93 | 49 | 108 | 112 |
| Interest | 13 | 13 | 15 | 16 | 16 | 15 | 16 | 17 | 14 | 15 | 16 | 16 |
| Depreciation | 112 | 119 | 115 | 110 | 119 | 127 | 137 | 152 | 164 | 173 | 175 | 183 |
| Profit before tax | 496 | 946 | 398 | 467 | 426 | 426 | 334 | 449 | 459 | 445 | 500 | 461 |
| Tax % | 30% | 12% | 31% | 32% | 30% | 34% | 53% | 32% | 34% | 37% | 53% | 36% |
| Net Profit | 346 | 828 | 274 | 317 | 299 | 280 | 158 | 303 | 302 | 279 | 234 | 294 |
| EPS in Rs | 13.77 | 27.58 | 9.88 | 11.73 | 10.69 | 10.01 | 2.4 | 10.28 | 9.65 | 8.57 | 4.41 | 8.71 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 30%
- 3 Years
- 15%
- TTM
- 18%
- 10 Years
- —
- 5 Years
- 17%
- 3 Years
- −11%
- TTM
- −3%
- 10 Years
- —
- 5 Years
- 18%
- 3 Years
- 1%
- TTM
- —
- 10 Years
- 18%
- 5 Years
- 19%
- 3 Years
- 15%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Tube Investments of India | ₹ 2,135.00 | ₹ 40,186 Cr. | 66.2x | 5.2x | 10% | — |
| Bajaj Auto | ₹ 10,080.00 | ₹ 2,77,002 Cr. | 27.1x | 7.5x | 29% | 16.8% |
| TVS Motor Company | ₹ 3,977.00 | ₹ 1,88,942 Cr. | 56.6x | 18x | 33.4% | 5.7% |
| Hero Motocorp | ₹ 5,035.35 | ₹ 1,00,778 Cr. | 16.8x | 4.6x | 28.1% | 12.2% |
| Ather Energy | ₹ 1,383.85 | ₹ 54,900 Cr. | — | 19.1x | −33.7% | −14.1% |
| Ola Electric Mobility | ₹ 29.90 | ₹ 13,839 Cr. | — | 5x | −43.2% | −81.4% |
Management
- M. A. M. Arunachalam
- Executive Chairman of the Board
- A. N. Meyyappan
- Chief Financial Officer
- S. Krithika
- Compliance Officer, Company Secretary
- Mukesh Ahuja
- Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.