TIINDIA - Tube Investments of India Ltd Share Price

Auto Components

₹2573.90-81.60(-3.07%)

Market Closed as of Apr 25, 2025, 15:30 IST

What does Tube Investments of India Ltd do?

Auto Components & Equipments•Automobile and AutoComponents•Mid Cap

Tube Investments of India is a prominent player in the Auto Components & Equipments sector with the stock ticker TIINDIA. The company boasts a market capitalization of Rs. 52,273.6 Crores and is headquartered in Chennai, India.

Incorporated in 1900, Tube Investments of India Limited and its subsidiaries specialize in the manufacture and sale of precision engineered and metal formed products across various industries, including automotive, railway, construction, and agriculture.

The company's operations are divided into eight segments:

Engineering: Produces cold rolled steel strips, precision steel tubes, electric resistance welded tubes, and tubular components.
Metal Formed Products: Offers automotive chains, fine blanked and stamped products, and roll-formed components such as car doorframes.
Mobility: Features a range of bicycles, including special and performance bikes, fitness equipment, and electric bicycles, along with accessories and spare parts.
Gear and Gear Products: Supplies gears, gear boxes, gear motors, and assemblies.
Power Systems: Develops transformers, switchgears, and engages in automation and turnkey projects.
Industrial Systems: Delivers electric motors, alternators, drives, traction electronics, and SCADA solutions.
Electric Vehicle: Focuses on electric three-wheelers, tractors, and commercial vehicles.
Medical: Engages in providing medical consumables and the contract development of active pharmaceutical ingredients.

The company's trailing twelve-month revenue stands at Rs. 19,101 Crores, and it showcases a 59.2% revenue growth over the past three years. Tube Investments of India also distributes dividends, currently offering a yield of 0.2% per year, with a recent distribution of Rs. 5.5 per share.

However, it is notable that the company has diluted the shareholding of its investors in the past, with a dilution of 0.3% over the last three years.

Industry Group:Auto Components

Employees:3,233

Website:www.tiindia.com

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Category	TIINDIA	Auto
PE	42.77	34.42
PS	2.61	1.98
Growth	16.5 %	7.8 %

Description	Share	Value
Industrial Systems	32.4%	1.6 kCr
Engineering	24.6%	1.2 kCr
Power Systems	18.7%	920.2 Cr
Metal Formed Products	8.1%	399.7 Cr
Others	6.5%	321.2 Cr
Gears and Gear Products	3.2%	157.5 Cr
Mobility	2.9%	142.2 Cr
Electric Vehicles	2.6%	127 Cr
Medical	1.0%	46.7 Cr
Total		4.9 kCr

Share Holdings

Understand Tube Investments of India ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

As of 2025-03-31

Shareholder Name	Holding %
AMBADI INVESTMENTS LIMITED	35.64%
SMALLCAP WORLD FUND, INC	5.33%
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA NIF	2.35%
MOTILAL OSWAL NIFTY MIDCAP 100 ETF	1.22%
FRANKLIN INDIA MULTI CAP FUND	1.2%
HDFC LIFE INSURANCE COMPANY LIMITED	1.01%
M A M ARUNACHALAM	0.44%
ARUN ALAGAPPAN	0.39%
MURUGAPPA EDUCATIONAL AND MEDICAL FOUNDATION	0.38%
M.A.ALAGAPPAN	0.37%
Lakshmi Ramaswamy Family Trust (A A Alagammai & Lakshmi Ramaswamy holds shares on behalf of Trust)	0.36%
LAKSHMI CHOCKALINGAM	0.32%
A VELLAYAN	0.31%
Shambho Trust (M V Subbiah and S Vellayan hold shares)	0.31%
Saraswathi Trust (M V Subbiah, S Vellayan and M V Seetha Subbiah hold shares)	0.28%
M A MURUGAPPAN HOLDINGS LLP (Formerly, M A Murugappan Holdings Pvt. Ltd).	0.28%
A VENKATACHALAM	0.27%
Meenakshi Murugappan Family Trust (M M Murugappan and Meenakshi Murugappan hold shares)	0.26%
M M Muthiah Family Trust (M M Murugappan & M M Muthiah holds shares on behalf of Trust)	0.25%
M V Muthiah Family Trust (M M Venkatachalam & M V Muthiah holds shares on behalf of Trust)	0.24%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Valuation
Market Cap	49.8 kCr
Price/Earnings (Trailing)	42.77
Price/Sales (Trailing)	2.61
EV/EBITDA	22.12
Price/Free Cashflow	-378.37
MarketCap/EBT	29.1

Fundamentals
Revenue (TTM)	19.1 kCr
Rev. Growth (Yr)	14.91%
Rev. Growth (Qtr)	-2.11%
Earnings (TTM)	1.16 kCr
Earnings Growth (Yr)	-66%
Earnings Growth (Qtr)	-6.36%

Profitability
Operating Margin	8.99%
EBT Margin	8.96%
Return on Equity	15.93%
Return on Assets	7.77%
Free Cashflow Yield	-0.26%

Investor Care
Dividend Yield	0.21%
Dividend/Share (TTM)	5.5
Shares Dilution (1Y)	0.05%
Diluted EPS (TTM)	42.09

Financial Health
Current Ratio	1.85
Debt/Equity	0.07
Debt/Cashflow	1.26

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
BHARATFORG	Bharat ForgeAuto Components & Equipments	52.04 kCr	15.64 kCr	-7.98%	-17.03%	60.67	3.33	+1.71%	+5.79%
SCHAEFFLER	Schaeffler IndiaAuto Components & Equipments	49.93 kCr	8.35 kCr	-8.86%	-2.52%	53.18	5.98	+13.60%	+3.54%
ENDURANCE	Endurance TechAuto Components & Equipments	27.04 kCr	11.39 kCr	-3.85%	-1.80%	33.74	2.37	+15.41%	+32.07%
SUNDRMFAST	Sundram FastenersAuto Components & Equipments	19.46 kCr	5.92 kCr	-1.99%	-12.15%	35.27	3.28	+4.03%	+6.36%
RKFORGE	ramkrishna forgingsAuto Components & Equipments	11.88 kCr	13.89 kCr	-16.76%	-13.69%	8.73	0.86	+262.05%	+330.54%
JAMNAAUTO	Jamna Auto IndustriesAuto Components & Equipments	3.33 kCr	2.28 kCr	+9.59%	-37.98%	18.01	1.46	-6.17%	-9.04%

Income Statement for Tube Investments of India

Standalone figures (in Rs. Crores) / View Consolidated Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-7.5%	1,910	2,065	1,960	1,962	1,898	1,970
Other Income	-36%	17	26	14	145	14	36
Total Income	-7.8%	1,928	2,091	1,974	2,108	1,912	2,005
Cost of Materials	-6.5%	1,057	1,131	1,134	1,129	1,135	1,142
Purchases of stock-in-trade	2.1%	144	141	125	109	117	77
Employee Expense	1.2%	173	171	162	161	158	158
Finance costs	-25.3%	5.41	6.9	7.21	7.48	7.39	7.71
Depreciation and Amortization	5%	43	41	39	37	36	35
Other expenses	-4.2%	317	331	320	333	287	305
Total Expenses	-8%	1,716	1,866	1,766	1,790	1,702	1,761
Profit Before exceptional items and Tax	-5.8%	212	225	208	318	210	245
Exceptional items before tax	-	0	0	0	0	0	0
Total profit before tax	-5.8%	212	225	208	318	210	245
Current tax	-12.7%	49	56	54	70	53	63
Deferred tax	-	2.09	1	-0.21	0.02	-0.53	0.37
Total tax	-10.7%	51	57	53	70	52	63
Total profit (loss) for period	-4.2%	161	168	154	248	158	181
Other comp. income net of taxes	63.4%	-1.51	-5.85	-1.66	-1.64	-5.34	-0.85
Total Comprehensive Income	-1.9%	159	162	153	246	152	181
Earnings Per Share, Basic	-4.8%	8.31	8.68	7.99	12.82	8.15	9.39
Earnings Per Share, Diluted	-4.7%	8.3	8.66	7.98	12.8	8.14	9.38

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	5.2%	7,611	7,236	6,359	4,256	4,276	5,286
Other Income	0.5%	216	215	74	47	65	67
Total Income	5%	7,827	7,451	6,433	4,302	4,341	5,352
Cost of Materials	4.1%	4,521	4,344	3,966	2,446	2,296	3,195
Purchases of stock-in-trade	11.3%	364	327	262	92	80	187
Employee Expense	9.5%	624	570	507	455	450	439
Finance costs	-80%	30	146	12	19	29	52
Depreciation and Amortization	566.7%	141	22	145	150	161	140
Other expenses	6.9%	1,201	1,124	1,002	792	779	994
Total Expenses	5.1%	6,857	6,523	5,805	3,922	3,920	4,981
Profit Before exceptional items and Tax	4.5%	970	928	628	381	421	371
Exceptional items before tax	98.1%	0	-52.72	0	-21.67	-2.86	-9
Total profit before tax	10.7%	970	876	628	359	418	362
Current tax	6.8%	236	221	147	101	110	114
Deferred tax	88.7%	-0.27	-10.27	5.67	-15.36	-22.44	4.94
Total tax	12.4%	236	210	153	86	87	119
Total profit (loss) for period	10.5%	735	665	475	273	331	244
Other comp. income net of taxes	57.4%	-8.08	-20.29	-3.39	-2.51	-14.47	1
Total Comprehensive Income	12.6%	726	645	472	271	316	245
Earnings Per Share, Basic	10.6%	38	34.46	24.64	14.437	17.602	13.025
Earnings Per Share, Diluted	10.7%	37.95	34.39	24.586	14.403	17.571	13.011
Debt equity ratio	-	-	-	-	014	016	036
Debt service coverage ratio	-	-	-	-	0.0443	0.0472	0.0184
Interest service coverage ratio	-	-	-	-	0.2769	0.211	0

Consolidated figures (in Rs. Crores) / View Standalone Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-2.3%	4,812	4,925	4,578	4,490	4,197	4,306
Other Income	8.6%	77	71	65	83	58	62
Total Income	-2.1%	4,890	4,995	4,643	4,573	4,255	4,367
Cost of Materials	-0.7%	2,949	2,970	2,893	2,760	2,586	2,579
Purchases of stock-in-trade	3.4%	242	234	241	203	190	158
Employee Expense	2.5%	454	443	416	407	379	367
Finance costs	-6.7%	15	16	16	15	13	13
Depreciation and Amortization	6.8%	127	119	114	119	123	118
Other expenses	-2.3%	713	730	659	702	600	608
Total Expenses	-2.3%	4,463	4,569	4,179	4,172	3,865	3,875
Profit Before exceptional items and Tax	0.2%	427	426	464	401	390	493
Exceptional items before tax	-	0	0	0	-6.12	0	19
Total profit before tax	0.2%	427	426	464	395	390	512
Current tax	3.5%	120	116	113	69	67	80
Deferred tax	177.8%	26	10	37	55	51	68
Total tax	15.1%	146	127	150	124	118	149
Total profit (loss) for period	-6.4%	280	299	314	271	824	341
Other comp. income net of taxes	-1870.1%	-17.94	2.07	-5.04	-11.52	-3.44	-0.76
Total Comprehensive Income	-13%	262	301	309	260	820	340
Earnings Per Share, Basic	-7%	10.01	10.69	11.64	9.8	27.48	13.63
Earnings Per Share, Diluted	-7.1%	9.99	10.68	11.63	9.79	27.44	13.61

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	12.9%	16,890	14,965	12,525	6,083	4,750	5,775
Other Income	76.8%	252	143	109	111	62	53
Total Income	13.5%	17,142	15,108	12,634	6,195	4,813	5,828
Cost of Materials	13.8%	10,458	9,193	7,953	3,579	2,425	3,329
Purchases of stock-in-trade	7.1%	712	665	507	171	136	243
Employee Expense	23.9%	1,493	1,205	1,045	711	587	578
Finance costs	24.4%	52	42	58	41	30	53
Depreciation and Amortization	17.5%	465	396	349	251	185	162
Other expenses	19.5%	2,441	2,042	1,724	1,096	881	1,119
Total Expenses	14.4%	15,459	13,515	11,499	5,741	4,388	5,444
Profit Before exceptional items and Tax	5.7%	1,683	1,593	1,135	454	425	383
Exceptional items before tax	-113%	0.08	8.06	20	-41.85	-21.97	3
Total profit before tax	5.1%	1,683	1,601	1,155	412	403	386
Current tax	7%	277	259	173	107	114	120
Deferred tax	34.6%	219	163	-12.28	0.15	-24.43	6.68
Total tax	17.3%	496	423	161	108	90	127
Total profit (loss) for period	30.1%	1,723	1,325	991	305	313	251
Other comp. income net of taxes	55.5%	-17.48	-40.52	9.57	13	-11.99	1.24
Total Comprehensive Income	32.7%	1,705	1,285	1,001	318	301	252
Earnings Per Share, Basic	7%	62.12	58.13	39.85	15.13	16.31	12.86
Earnings Per Share, Diluted	7.1%	62.04	58.01	39.76	15.1	16.28	12.85
Debt equity ratio	-	-	-	-	0	021	041
Debt service coverage ratio	-	-	-	-	0	0.0457	0.0191
Interest service coverage ratio	-	-	-	-	0	0.2038	0

Balance Sheet for Tube Investments of India

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-54.9%	24	52	24	111	10	2.36
Current investments	-66.7%	77	229	160	293	90	280
Loans, current	53.6%	9.14	6.3	1.89	2.07	2.81	2.17
Total current financial assets	-7.8%	1,148	1,245	1,068	1,107	1,168	1,063
Inventories	-8.2%	586	638	586	604	624	648
Total current assets	-6.9%	1,815	1,949	1,704	1,761	1,847	1,776
Property, plant and equipment	11.5%	1,230	1,103	1,058	988	1,015	1,017
Capital work-in-progress	7.9%	220	204	102	97	56	56
Investment property	-1.7%	4.45	4.51	4.54	4.59	4.62	4.67
Non-current investments	-99.8%	6.44	2,397	8.73	1,748	1,574	1,386
Loans, non-current	-86.2%	1.4	3.9	6.25	226	215	64
Total non-current financial assets	-98.7%	33	2,424	36	1,991	1,807	1,465
Total non-current assets	3.8%	3,956	3,812	3,616	3,133	2,932	2,591
Total assets	0.2%	5,770	5,761	5,321	4,894	4,779	4,367
Borrowings, non-current	-	0	0	0	0	0	0
Total non-current financial liabilities	0%	48	48	49	26	25	28
Provisions, non-current	37%	38	28	0	0	0	0
Total non-current liabilities	13.3%	86	76	49	26	28	30
Borrowings, current	-51.1%	226	461	455	473	483	348
Total current financial liabilities	-19.6%	1,316	1,636	1,539	1,456	1,675	1,533
Provisions, current	11.1%	41	37	61	54	41	37
Current tax liabilities	31.2%	7.01	5.58	27	12	20	6.44
Total current liabilities	-17.1%	1,422	1,715	1,670	1,576	1,795	1,636
Total liabilities	-15.8%	1,509	1,791	1,719	1,601	1,823	1,666
Equity share capital	0%	19	19	19	19	19	19
Total equity	7.4%	4,262	3,970	3,602	3,292	2,956	2,701
Total equity and liabilities	0.2%	5,770	5,761	5,321	4,894	4,779	4,367

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-63.7%	195	536	307	843	857	414
Current investments	18.9%	1,586	1,334	1,591	690	171	349
Loans, current	19.6%	2.95	2.63	1.89	2.07	2.89	2.17
Total current financial assets	17.5%	6,534	5,560	5,043	3,934	3,534	2,865
Inventories	11.4%	1,992	1,788	1,654	1,353	1,407	1,327
Current tax assets	-	0	0	89	83	83	83
Total current assets	15.6%	9,072	7,848	7,207	5,775	5,365	4,588
Property, plant and equipment	8.2%	2,876	2,657	2,413	2,221	2,163	2,245
Capital work-in-progress	25.6%	437	348	209	178	127	117
Investment property	0%	12	12	12	12	12	12
Goodwill	13.3%	1,250	1,103	1,081	834	743	663
Non-current investments	0%	27	27	30	30	32	31
Total non-current financial assets	5.6%	95	90	118	78	85	88
Total non-current assets	10.9%	5,832	5,258	5,005	4,287	4,262	4,292
Total assets	13.7%	14,978	13,179	12,284	10,252	9,734	8,888
Borrowings, non-current	35.4%	66	49	53	44	242	345
Total non-current financial liabilities	78.2%	2,489	1,397	1,374	531	326	412
Provisions, non-current	29.4%	89	69	50	43	39	31
Total non-current liabilities	75.5%	2,705	1,542	1,528	609	397	451
Borrowings, current	-32.2%	469	691	625	585	588	458
Total current financial liabilities	-0.4%	3,970	3,984	3,611	3,305	3,761	3,567
Provisions, current	3.9%	291	280	255	250	195	198
Current tax liabilities	-20%	49	61	33	14	22	6.44
Total current liabilities	1.5%	4,901	4,829	4,342	3,995	4,378	4,703
Total liabilities	19.2%	7,671	6,435	6,505	5,296	5,432	5,163
Equity share capital	0%	19	19	19	19	19	19
Non controlling interest	19.8%	1,971	1,645	1,354	1,005	857	654
Total equity	8.3%	7,307	6,745	5,779	4,956	4,302	3,725
Total equity and liabilities	13.7%	14,978	13,179	12,284	10,252	9,734	8,888

Cash Flow for Tube Investments of India

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	-104.8%	0	22	12
Change in inventories	-179.9%	-33.34	44	-133.74
Depreciation	-3.4%	141	146	145
Impairment loss / reversal	-96%	3.18	55	-5.13
Unrealised forex losses/gains	-	0.22	0	0.85
Dividend income	-100.7%	0	149	14
Adjustments for interest income	-104.8%	0	22	7.22
Share-based payments	-5%	7.51	7.85	0.58
Net Cashflows from Operations	14.3%	955	836	465
Dividends received	-	-142.27	0	0
Interest paid	-	-29.53	0	0
Interest received	-	-5.98	0	0
Income taxes paid (refund)	14.8%	242	211	139
Net Cashflows From Operating Activities	-5%	594	625	326
Cashflows used in obtaining control of subsidiaries	70.6%	656	385	158
Proceeds from sales of PPE	-39.1%	5.52	8.42	7.84
Purchase of property, plant and equipment	82.9%	343	188	128
Cash receipts from repayment of advances and loans made to other parties	33.1%	222	167	0
Dividends received	-5.3%	143	151	14
Interest received	-88.7%	3.71	25	1.69
Other inflows (outflows) of cash	10.1%	-0.25	-0.39	39
Net Cashflows From Investing Activities	0.2%	-551.64	-553.01	-290.4
Proceeds from issuing shares	197.3%	12	4.7	3.32
Proceeds from borrowings	-100.6%	0	176	88
Repayments of borrowings	-79.6%	11	50	50
Payments of lease liabilities	-	4.28	0	6.86
Dividends paid	0%	67	67	67
Interest paid	66.7%	31	19	9.79
Net Cashflows from Financing Activities	-370.3%	-101.7	39	-41.65
Net change in cash and cash eq.	-154.8%	-59.23	111	-6.23

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	24.4%	52	42	58
Change in inventories	-1365.8%	-386.85	-25.46	-223.92
Depreciation	17.5%	465	396	349
Impairment loss / reversal	-33.3%	11	16	-20.78
Unrealised forex losses/gains	414.5%	3.17	0.31	19
Dividend income	-	0	0	2.43
Adjustments for interest income	159.5%	97	38	0.39
Share-based payments	76.9%	24	14	2.36
Net Cashflows from Operations	-40.8%	959	1,620	992
Income taxes paid (refund)	13.5%	278	245	115
Other inflows (outflows) of cash	-166.7%	-5.67	11	0
Net Cashflows From Operating Activities	-51.3%	675	1,386	877
Cashflows used in obtaining control of subsidiaries	135.2%	375	160	0
Proceeds from sales of PPE	115.4%	29	14	11
Purchase of property, plant and equipment	104.8%	851	416	248
Dividends received	-	0	0	2.43
Interest received	80.6%	66	37	25
Other inflows (outflows) of cash	-52.6%	-524.71	-343.47	292
Net Cashflows From Investing Activities	-90%	-1,656.65	-871.26	-79.3
Payments from changes in ownership interests in subsidiaries	-	0.81	0	0
Proceeds from issuing shares	-	30	0	0
Proceeds from issuing other equity instruments	-	7.47	0	0
Proceeds from exercise of stock options	240.6%	15	5.11	3.32
Proceeds from issuing debt	-	807	0	0
Proceeds from borrowings	-72.1%	58	205	81
Repayments of borrowings	-100.3%	0	362	696
Payments of lease liabilities	-105%	0	21	18
Dividends paid	-4.2%	162	169	72
Interest paid	82.1%	52	29	59
Other inflows (outflows) of cash	-114.8%	-42.64	296	-138.72
Net Cashflows from Financing Activities	951%	645	-74.68	-899.34
Net change in cash and cash eq.	-176.9%	-336.42	440	-101.35

TIINDIA - Tube Investments of India Ltd Share Price

What does Tube Investments of India Ltd do?

Sector Comparison: TIINDIA vs Auto Components

Comparative Metrics

Performance Comparison

Revenue Breakdown

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Valuation

Fundamentals

Profitability

Investor Care

Financial Health

Is Tube Investments of India Better than it's peers?

Income Statement for Tube Investments of India

Balance Sheet for Tube Investments of India

Cash Flow for Tube Investments of India

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)