MarketFriction

Tube Investments of India Ltd

NSE TIINDIA · BSE 540762 · Auto Components & Equipments
₹2,340.00 -1.47%
NSE close2026-10-01
52 week range2,164.90 - 3,335.20
Market cap₹46,709 Cr.
P/E74.5
Nifty 200Nifty 500Nifty Midcap 50Nifty Midcap 100Midcap 150Nifty Auto No price band Delivery 53.6%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales4,3064,1974,4904,5784,9254,8125,1505,3095,5235,8016,2156,215
Expenses3,7443,7284,0394,0474,4344,3214,8134,7634,9785,2165,6325,667
Operating Profit562469451531490491337546544585583548
OPM %13%11%10%12%10%10%7%10%10%10%9%9%
Other Income5960977627177150729349108112
Interest131315161615161714151616
Depreciation112119115110119127137152164173175183
Profit before tax496946398467426426334449459445500461
Tax %30%12%31%32%30%34%53%32%34%37%53%36%
Net Profit346828274317299280158303302279234294
EPS in Rs13.7727.589.8811.7310.6910.012.4010.289.658.574.418.71
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales04,4795,0005,7734,7506,08312,44714,96416,89019,46522,84723,754
Expenses04,0734,6265,2404,1695,44310,99713,08114,92117,59520,56921,494
Operating Profit04063745335826411,4501,8831,9691,8702,2792,259
OPM %9%7%9%12%11%12%13%12%10%10%10%
Other Income04155624026147319787359317362
Interest07762563452995873837962
Depreciation0149154162185251347396465492664695
Profit before tax02212143784033651,1521,7482,2181,6531,8521,864
Tax %21%27%34%22%22%14%24%22%36%40%
Net Profit01741562513132869911,3251,7231,0541,1181,109
EPS in Rs7.8612.8116.3114.2839.8549.4862.0834.8232.9031.34
Dividend Payout %0%17%20%21%25%1%7%6%10%11%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%30%15%18%
Compounded Profit Growth%17%-11%-3%
Stock Price CAGR%12%-7%-22%
Return on Equity18%19%15%10%
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.1119191919191919191919
Reserves-01,1691,2541,4571,7152,2933,0523,9315,0805,5167,732
Borrowings08517766114141,972871726896703754
Other Liabilities01,0971,2631,2639324,3494,9325,5837,1099,64012,919
Total Liabilities03,1353,3123,3493,0808,6348,87410,26013,10515,87921,425
Fixed Assets01,3061,3581,4291,5153,4263,3243,5884,4175,2106,232
CWIP034906958152128191381770895
Investments02021341321863695427291,3709311,024
Other Assets01,5931,7301,7191,3214,6874,8805,7526,9388,96913,274
Total Assets03,1353,3123,3493,0808,6348,87410,26013,10515,87921,425
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-03834094935962578961,3866751,1851,161
Cash from Investing Activity0316-181-196-246-80-79-850-1,657-1,587-3,953
Cash from Financing Activity0-685-291-280-284304-921-756455222,668
Net Cash Flow014-631766481-104461-336120-124
Free Cash Flow-0227182310377112658983-148-22-266
CFO/OP104%128%115%123%56%70%87%48%88%85%
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days50514140745252596270
Inventory Days1019384751115850596370
Days Payable107117969422410385928998
Cash Conversion Cycle44262922-38817263641
Working Capital Days4-4-3-2-88-300102452
ROCE %26%13%20%21%13%26%32%26%22%17%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters46.12%45.11%45.11%45.04%44.97%44.11%44.11%44.09%44.09%44.06%44.05%44.11%
FIIs30.42%28.83%28.33%27.40%28.38%28.25%26.93%26.31%25.45%23.15%21.42%22.35%
DIIs11.47%14.14%14.81%15.50%14.73%15.04%16.12%16.78%17.71%19.68%21.75%21.01%
Government0.45%0.45%0.45%0.45%0.45%0.45%0.45%0.45%0.45%0.45%0.45%0.45%
Public11.55%11.48%11.31%11.60%11.48%12.15%12.40%12.35%12.29%12.67%12.33%12.08%
No. of Shareholders76,47279,16880,77883,21587,03095,1521,02,3081,06,3111,04,1021,08,6151,06,1781,00,623

Fundamentals

Market Cap₹ 46,709 Cr.
Current Price₹ 2,413
Stock P/E74.5
Book Value₹ 400
ROCE17.1 %
ROE9.95 %
Dividend Yield0.15 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)18%
Compounded Profit Growth (TTM)-3%
Consolidated figures.
Valuation
Market capRs 45,291 Cr
Enterprise valueRs 44,577 Cr
P/E (TTM)74.67x
Price to book5.84x
Price to sales1.91x
EV / EBITDA17.01x
EV / EBIT23.15x
EV / sales1.88x
Price to cash flow39.01x
Earnings yield1.34%
Dividend yield0.15%
P/E, 3-year average72.08x
P/B, 3-year average10.05x
P/E, 5-year average61.70x
P/B, 5-year average10.56x
Profitability
Operating margin (excl. other income)9.97%
Operating margin (incl. other income)11.36%
EBITDA margin11.03%
Pre-tax margin7.85%
Net profit margin2.55%
Net margin, latest quarter2.71%
ROE9.59%
ROCE26.20%
ROA3.41%
ROE, 3-year average16.26%
ROCE, 3-year average32.50%
ROA, 3-year average6.11%
ROE, 5-year average20.91%
ROCE, 5-year average33.96%
ROA, 5-year average7.42%
ROIC (approx.)16.52%
Tax rate39.64%
Other income / net worth4.10%
Growth
Sales growth (latest year)17.38%
Profit growth (latest year)-5.47%
Sales CAGR, 3 years15.15%
Sales CAGR, 5 years30.30%
Profit CAGR, 3 years-12.65%
Profit CAGR, 5 years18.27%
Sales growth QoQ0.01%
Profit growth QoQ97.25%
Sales growth YoY (latest quarter)17.07%
Profit growth YoY (latest quarter)-15.25%
Per share
EPS (TTM)Rs 31.34
EPS (latest year)Rs 32.90
EPS (latest quarter)Rs 8.71
EPS, 3-year averageRs 43.27
EPS, 5-year averageRs 43.82
Book value per shareRs 400.48
Sales per shareRs 1,227.25
Cash flow per shareRs 59.98
Free cash flow per shareRs -13.74
Dividend per share (latest year)Rs 3.50
Dividend per share, 3-year averageRs 3.50
Dividend per share, 5-year averageRs 2.87
Dividends
Dividend payout10.64%
Dividend payout, 3-year average8.78%
Dividend payout, 5-year average6.86%
Efficiency
Asset turnover1.07x
Fixed asset turnover3.67x
Inventory turnover5.74x
Inventory days64 days
Debtor days70 days
Debtors turnover5.23x
Creditor days98 days
Cash conversion cycle41 days
Working capital days52 days
Leverage
Total debtRs 754 Cr
Cash and bankRs 1,469 Cr
Net debtRs -715 Cr
Debt to equity0.10x
Net debt / EBITDA-0.27x
Interest coverage31.27x
Current ratio (filing 2026-03-31)1.87x
Quick ratio (filing 2026-03-31)1.43x
Trade payables (filing 2026-03-31)Rs 4,035 Cr
Owners' fund to total sources36.18%
Debt to assets3.52%
Cash flow
Cash from Operating Activity (latest year)Rs 1,161 Cr
Cash from Investing Activity (latest year)Rs -3,953 Cr
Cash from Financing Activity (latest year)Rs 2,668 Cr
Net Cash Flow (latest year)Rs -124 Cr
Free cash flow (latest year)Rs -266 Cr
FCFE (approx.: FCF + change in debt)Rs -215 Cr
Cash from ops / profit, 5 years0.85x
Sales to cash flow19.68x
Statement figures
Net sales (TTM)Rs 23,754 Cr
Net sales (latest year)Rs 22,847 Cr
Sales (latest quarter)Rs 6,215 Cr
Operating profit excl. other income (latest year)Rs 2,279 Cr
Operating profit (latest quarter)Rs 548 Cr
Other income (TTM)Rs 362 Cr
EBITDA (TTM)Rs 2,621 Cr
PBDT (TTM)Rs 2,559 Cr
Profit before tax (TTM)Rs 1,864 Cr
Tax (latest year)Rs 734 Cr
Net profit (TTM)Rs 607 Cr
Net profit (latest year)Rs 637 Cr
Net profit (latest quarter)Rs 169 Cr
Depreciation (TTM)Rs 695 Cr
Depreciation (latest quarter)Rs 183 Cr
Interest (TTM)Rs 62 Cr
Cost of goods sold (latest year)Rs 16,388 Cr
Total expenditure (latest year)Rs 20,569 Cr
Total income (latest year)Rs 23,165 Cr
Share capitalRs 19 Cr
ReservesRs 7,732 Cr
Shareholders' fundsRs 7,751 Cr
Total assetsRs 21,425 Cr
Net blockRs 6,232 Cr
Capital work in progressRs 895 Cr
InvestmentsRs 1,024 Cr
ReceivablesRs 4,367 Cr
InventoryRs 2,853 Cr
Other liabilitiesRs 12,919 Cr
Shares outstanding (crore)19.36
Ownership
Promoter holding44.11% (+0.02 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 74.7 is at the 68th percentile of its own 9.0-year range (median 65.2, low 22.1, high 131.2).
P/B 5.84 is at the 26th percentile (median 10.31).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodTIINDIANifty 50Difference
1 week-7.9%-2.8% -5.1 pts
1 month-15.3%-6.8% -8.5 pts
3 months-21.4%-7.6% -13.7 pts
6 months-7.0%+0.4% -7.4 pts
1 year-27.2%-9.9% -17.2 pts
2 years-45.4%-13.6% -31.8 pts
3 years-21.7%+14.2% -35.9 pts
5 years+68.8%+27.9% +40.9 pts
184 mutual fund schemes hold about ₹7,810 Cr. Over three months 138 bought more and 31 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Motilal Oswal Midcap Fund2.67%1,143 -1%
Nippon India Growth Mid Cap Fund1.42%742 +23%
Nippon India Small Cap Fund0.84%695 +11%
DSP Midcap Fund1.71%359 +18%
Franklin India Flexi Cap Fund1.47%285 +16%
Invesco India Midcap Fund1.43%227 +1158%
Sundaram Mid Cap Fund1.43%213 +10%
Nippon India Focused Fund2.44%211 +27%
Sundaram Mid Cap Fund1.43%208 +10%
Kotak Arbitrage Fund(M0.27%205 +261%
Franklin India Mid Cap Fund1.52%199 -4%
DSP Large & Mid Cap Fund1.05%193 +46%
HDFC Multi Cap Fund0.82%169 +14%
Axis Midcap Fund0.45%156 -29%
SBI Energy Opportunities Fund1.51%126 +22%
Tata Large & Mid Cap Fund1.50%115 +20%
Aditya Birla SL Value Fund1.66%115 +11%
Aditya Birla SL Flexi Cap Fund0.38%111 +19%
ICICI Pru Large & Mid Cap Fund0.32%106 +100%
Mahindra Manulife Mid Cap Fund1.84%99 +10%
HSBC Small Cap Fund0.50%96 +9%
PGIM India Midcap Fund0.84%94 +14%
Franklin India ELSS Tax Saver Fund1.51%94 +16%
UTI Mid Cap Fund0.71%90 -59%
Nippon India Flexi Cap Fund0.85%83 +14%

Red flags

F-score 6 of 8
lookAuditor change Auditor change 2026-06-29: Tube Investments of India Limited has informed the Exchange regarding Change in Auditors of the company.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2022-08-17Krishna SrinivasEmployees/Designated Employeother24,388Rs 0.66 CrESOP
2022-07-05Mr. Mukesh AhujaDirectorother5,000Rs 0.14 CrESOP
2022-06-09Srinivasan K RDirectorother15,341Rs 0.59 CrESOP
2022-06-09Mahendra Kumar KKey Managerial Personnelother20,000Rs 0.54 CrESOP
2022-03-15Lakshmi VenkatachalamPromoter Groupother1,200Rs 0.18 CrOff Market
2022-03-15Lakshmi VenkatachalamPromoter Groupother1,200Rs 0.18 CrOff Market
2022-03-10Muthukumaran AEmployees/Designated Employeother41,852Rs 6.58 CrRevokation of Pledge
2022-03-08Muthukumaran AEmployees/Designated Employesell7,880Rs 1.15 CrMarket Sale
2022-03-08Muthukumaran AEmployees/Designated Employeother41,952Rs 6.13 CrPledge Creation
2022-03-07Muthukumaran AEmployees/Designated Employeother41,952Rs 1.13 CrESOP
2022-02-02Krishna SrinivasEmployees/Designated Employeother8,500Rs 0.23 CrESOP
2021-12-20Mr. Mukesh AhujaEmployees/Designated Employeother5,000Rs 0.14 CrESOP
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹6,215 Cr +17.1% vs Jun 2025. Net profit ₹294 Cr -3.0%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-07Dividend - Rs 1.50 Per Share
2026-02-10Interim Dividend - Rs 2 Per Share
2025-07-25Dividend - Rs 1.50 Per Share
2025-02-07Interim Dividend - Rs 2 Per Share
2024-07-23Annual General Meeting/Dividend - Rs 1.50 Per Share
2024-02-13Interim Dividend - Rs 2 Per Share
2023-07-26Annual General Meeting/Dividend - Rs 1.50 Per Share
2023-02-15Interim Dividend - Rs 2 Per Share
2022-07-20Dividend - Rs 1.50 Per Sh
2022-02-17Interim Dividend - Rs 2 Per Share
2021-08-04 Annual General Meeting/Dividend - Rs 1.50 Per Share
2021-02-22 Interim Dividend - Rs 2 Per Share
2020-07-15 Annual General Meeting
2020-03-11 Interim Dividend - Rs 3.50 Per Share
2019-07-08 Dividend - Re 0.75 Per Share
2019-02-14 Interim Dividend - Rs 1.75 Per Share
2018-07-30 Dividend- Re 0.50 Per Share
2018-02-22 Interim Dividend - Rs 1.25 Per Share
DateTypeWhat it says
2026-09-29UpdatesIncremental Investment in TI Clean Mobility Private Limited, subsidiary.
2026-09-18Concall / analyst meetSchedule of meet
2026-09-18Concall / analyst meetSchedule of meet
2026-09-16Credit RatingCredit Rating
2026-09-03Concall / analyst meetSchedule of meet
2026-08-21UpdatesInvestor Presentation for the quarter ended 30th June 2026..
2026-08-21AcquisitionAcquisition
2026-08-20Concall / analyst meetTranscript
2026-08-17Concall / analyst meetLink of Recording
2026-08-14General UpdatesESG Ratings given by CRISIL ESG Ratings & Analytics Limited
2026-08-14Shareholder meetingVoting results.
2026-08-14Shareholder meetingProceedings of Annual General Meeting held on August 14, 2026
2026-08-14Press ReleaseA press release dated August 14, 2026, titled "Press Release - Q1 FY 2026-27 Financial Results".
2026-08-14Board meeting outcomeTube Investments of India Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-10Concall / analyst meetSchedule of meet
2026-08-04Concall / analyst meetSchedule of meet
2026-07-30General UpdatesResignation of Statutory Auditors of a Material Subsidiary
2026-07-27ESOPAllotment of 4001 Shares.
2026-07-10Shareholder meetingNotice of Annual General Meeting to be held on August 14, 2026
2026-07-01Disclosure under SEBI TakeovAmbadi Investments Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) and 31 (5) of the Securities and Exchange Board o...
2026-06-29Change in ManagementChange in Senior Management Personnel
2026-06-29Change in AuditorsChange in Auditors of the company.
2026-06-29Board meeting outcomeOutcome of Board Meeting held on Jun 29, 2026.
2026-06-29Board meeting outcomeOutcome of Board Meeting held on Jun 29, 2026.
2026-06-24Concall / analyst meetSchedule of meet
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
Put / call open interest0.54
Max pain (expiry 2026-10-27)2,500
Largest call open interest at2,700
Largest put open interest at2,500
Implied volatility, at the money28.3%
Underlying at snapshot2,340.00
Open interest by strike around the price, nearest expiry. End-of-day NSE snapshot, 01-Oct-2026 15:40:00. Max pain is the strike where option buyers together would lose the most at expiry.
Trade dateShares sold short
2026-09-30175
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-03-24NCLATKamlesh Kalidas Shah VS Tube Investments of India Ltd & Ors
2021-02-05NCLATKamlesh Kalidas Shah VS Tube Investments of India Ltd & Ors
2021-01-04NCLATKamlesh Kalidas Shah VS Tube Investments of India Ltd & Ors
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Tube Investments of India Ltd?

Tube Investments of India Ltd (TIINDIA) has a market capitalisation of Rs 46,709 Cr. at the 2026-10-01 close.

What is the P/E ratio of Tube Investments of India Ltd?

Tube Investments of India Ltd trades at a P/E of 74.5 on trailing twelve-month profit, at the 2026-10-01 close.

What were Tube Investments of India Ltd's latest quarterly results?

In the Jun 2026 quarter, Tube Investments of India Ltd sales was Rs 6,215 Cr (+17.1% vs Jun 2025) and net profit was Rs 294 Cr.

What is the 52-week high and low of Tube Investments of India Ltd?

The 52-week high is Rs 3,335.20 and the 52-week low is Rs 2,164.90.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03