āagman

Not investment advice. Data and computed figures, for information only.

Tube Investments of India Ltd

NSE: TIINDIAF&O
₹2,184.60
−₹35.90 (−1.62%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹42,838 Cr
CMP
₹2,184.60
52-wk High / Low
₹3,335 / 2,137
P/E
68.4
P/B
5.5
Book Value
₹400.0
Div Yield
0.16%
ROCE
17.0%
ROE
10.0%
Face Value
₹1
D/E
0.10

Price−30.8% over 1Y

āagman read

Computed by āagman
Derived from 11 years and 14 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
5
/ 9
5 of 9 F-score tests passed
Graham Number
₹544
√(22.5 × EPS × book value per share)
ROIC
11.5%
vs 11.5% sector median
Cash flow to profit
1.04
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−147
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
8.9%
ROE × earnings retention ratio
ROE stability
8.2
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.06FII +0.93DII −0.74
Latest quarter vs the previous one
Cash-accrual divergence
−0.2%
of assets
Low = accruals track cash flow
Strengths
Watch-outs
−Latest ROCE of 17% trails the sector median of 18.5%
−Price trades below its 200-day moving average (0.8x)
−Price is 34.5% below its 52-week high
−Promoter holding fell by 2.1pp over the last year

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales3,8984,3064,1974,4904,5784,9254,8125,1505,3095,5235,8016,2156,215
Expenses3,4313,7443,7284,0394,0474,4344,3214,8134,7634,9785,2165,6325,667
Operating Profit467562469451531490491337546544585583548
OPM %12.0%13.1%11.2%10.0%11.6%9.9%10.2%6.5%10.3%9.8%10.1%9.4%8.8%
Other Income425960977627177150729349108112
Interest11131315161615161714151616
Depreciation108112119115110119127137152164173175183
Profit before tax390496946398467426426334449459445500461
Net Profit284346828274317299280158303302279234294
EPS (₹)11.1413.7727.589.8811.7310.6910.012.4010.289.658.574.418.71

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 11 years + TTM
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 %—9.1%7.5%9.2%12.3%10.5%11.6%12.6%11.7%9.6%10.0%9.5%
Other Income04155624026147319787359317362
Interest07762563452995873837962
Depreciation0149154162185251347396465492664695
Profit before tax02212143784033651,1521,7482,2181,6531,8521,864
Net Profit01741562513132869911,3251,7231,0541,1181,109
EPS (₹)——7.8612.8116.3114.2839.8549.4862.0834.8232.9031.34

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital019191919191919191919—
Reserves01,1691,2541,4571,7152,2933,0523,9315,0805,5167,732—
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—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity03834094935962578961,3866751,1851,161
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

Ratios

As of 31 Mar 2026
11 periods
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—26.013.020.021.013.026.032.026.022.017.0
ROE %——————————10.0
EPS (₹)——7.8612.8116.3114.2839.8549.4862.0834.8232.90
Book Value (₹)——————————400.0
Face Value (₹)——————————1
P/E——————————68.4
Div Yield %——————————0.16
NPM %—3.83.14.36.54.77.98.79.75.34.8
OPM %—9.07.09.012.011.012.013.012.010.010.0
D/E0.000.720.610.410.240.850.280.180.180.130.10
P/B——————————5.5

Growth

As of 11 Oct 2026
Compounded sales growth
5 years+30.0%
3 years+15.0%
TTM+18.0%
Compounded profit growth
5 years+17.0%
3 years−11.0%
TTM−3.0%
Stock price CAGR
5 years+10.0%
3 years−9.0%
Last year−30.0%
Return on equity
10 years18.0%
5 years19.0%
3 years15.0%
Last year10.0%

Shareholding pattern

As of 31 Dec 2025
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters49.92%49.92%48.46%47.89%46.66%46.46%46.21%45.11%44.11%44.05%44.11%
FIIs11.17%11.17%10.21%17.81%25.45%26.06%28.92%28.33%26.93%21.42%22.35%
DIIs15.72%15.72%20.77%20.20%15.02%14.34%11.79%14.81%16.12%21.75%21.01%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.45%0.45%0.45%0.45%0.45%
Public22.80%22.80%20.18%14.10%12.87%13.13%12.64%11.31%12.40%12.33%12.08%
No. of shareholders23,63423,63422,47929,30331,43558,98083,88980,7781,02,3081,06,1781,00,623
Change since Jun 2023 (pp)
Promoters −5.81FIIs +11.18DIIs +5.29Public −10.72

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Incremental Investment In TI Clean Mobility Private Limited, A Subsidiary CompanyClosure of Trading WindowAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingMay 2026TranscriptMay 2026PPTFeb 2026TranscriptFeb 2026RecordingNov 2025TranscriptNov 2025PPTAug 2025TranscriptAug 2025Recording

Corporate actions

As of 7 Aug 2026
7 Aug 2026DIVIDENDDividend - Rs 1.50 Per Share—
10 Feb 2026DIVIDENDInterim Dividend - Rs 2 Per Share—
25 Jul 2025DIVIDENDDividend - Rs 1.50 Per Share—
7 Feb 2025DIVIDENDInterim Dividend - Rs 2 Per Share—
23 Jul 2024DIVIDENDAnnual General Meeting/Dividend - Rs 1.50 Per Share—
13 Feb 2024DIVIDENDInterim Dividend - Rs 2 Per Share—
26 Jul 2023DIVIDENDAnnual General Meeting/Dividend - Rs 1.50 Per Share—
15 Feb 2023DIVIDENDInterim Dividend - Rs 2 Per Share—
20 Jul 2022DIVIDENDDividend - Rs 1.50 Per Sh—
17 Feb 2022DIVIDENDInterim Dividend - Rs 2 Per Share—
4 Aug 2021DIVIDEND Annual General Meeting/Dividend - Rs 1.50 Per Share—
22 Feb 2021DIVIDEND Interim Dividend - Rs 2 Per Share—
11 Mar 2020DIVIDEND Interim Dividend - Rs 3.50 Per Share—
8 Jul 2019DIVIDEND Dividend - Re 0.75 Per Share—
14 Feb 2019DIVIDEND Interim Dividend - Rs 1.75 Per Share—
30 Jul 2018DIVIDEND Dividend- Re 0.50 Per Share—
22 Feb 2018DIVIDEND Interim Dividend - Rs 1.25 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman