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T&I Global Overview

Here is a structured overview of T&I Global Ltd. based on the provided information and general industry understanding for "Engineering - Industrial Equipment" companies in India. Please note that without specific financial reports, company filings, or news, the analysis will rely on typical characteristics of companies in this sector.

T&I Global Ltd.

1. Business Overview

T&I Global Ltd., operating in the Engineering - Industrial Equipment sector in India, is typically involved in the design, manufacture, supply, installation, and servicing of various industrial machinery, components, or complete plant solutions. These products and services cater to a range of industries, potentially including manufacturing, infrastructure, power, chemicals, or other heavy industries. The company primarily makes money through direct sales of its manufactured equipment, execution of engineering projects (EPC contracts), and potentially through after-sales services, spare parts, and maintenance contracts.

2. Key Segments / Revenue Mix

Specific key segments and their revenue contribution for T&I Global Ltd. are not provided in the given information. Typically, companies in this sector might have segments such as:

Product Sales: Revenue from the sale of standardized or custom-built industrial equipment.

Project & Solutions: Income from undertaking larger engineering projects, providing integrated solutions for specific industrial processes.

After-sales Service & Spares: Revenue from maintenance contracts, repairs, and sale of spare parts.

Without further data, the exact mix remains unknown but is likely derived from a combination of these activities.

3. Industry & Positioning

The Indian Engineering - Industrial Equipment sector is diverse, comprising both large multinational corporations and numerous domestic players. It is highly competitive, often fragmented, and cyclical, heavily dependent on the broader economic growth, government infrastructure spending, and manufacturing output. T&I Global Ltd., given the general nature of its ticker, is likely a domestic player. Its positioning could be either as a specialized provider in a particular niche (e.g., specific type of machinery, industry focus), a regional player, or a generalist competing on cost, quality, or delivery within a broader market. Its exact market share or competitive standing without specific product details is difficult to ascertain.

4. Competitive Advantage (Moat)

Without specific details about T&I Global Ltd., identifying a durable competitive advantage (moat) is challenging. Potential moats in this industry could include:

Proprietary Technology/Expertise: Specialized engineering know-how or patented processes.

Strong Client Relationships & Reputation: Long-standing relationships with key industrial clients, built on reliability and quality.

Cost Efficiency/Scale: Ability to produce at lower costs due to economies of scale or efficient manufacturing processes.

After-sales Service Network: Extensive and reliable service network for equipment maintenance, ensuring customer loyalty.

High Switching Costs: If their equipment is deeply integrated into client operations, making it costly to switch providers.

It's possible T&I Global benefits from some of these, particularly strong client relationships or niche expertise.

5. Growth Drivers

Key factors that could drive T&I Global Ltd.'s growth over the next 3-5 years include:

Government Infrastructure Spending: Increased investment in roads, railways, ports, and industrial corridors.

'Make in India' Initiative: Promotion of domestic manufacturing, leading to demand for industrial machinery.

Industrial Automation & Modernization: Demand for advanced and efficient equipment as industries upgrade.

Revival of Manufacturing Sector: Growth across core sectors like automotive, cement, steel, and capital goods.

Export Opportunities: Leveraging India's competitive manufacturing base to serve global markets.

6. Risks

Key business risks for T&I Global Ltd. typically include:

Economic Downturn: The industrial equipment sector is cyclical; an economic slowdown can significantly impact demand.

Raw Material Price Volatility: Fluctuations in prices of steel, non-ferrous metals, and other components can impact profitability.

Intense Competition: High competition from both domestic and international players can lead to pricing pressures.

Technological Obsolescence: Failure to innovate or adapt to new technologies can lead to loss of market share.

Project Execution Risk: Delays, cost overruns, or quality issues in complex projects can impact reputation and finances.

Regulatory Changes: Changes in industrial policies, environmental regulations, or import duties.

7. Management & Ownership

Specific details about the management and ownership of T&I Global Ltd. are not provided. In India, many companies, especially mid-sized ones, are promoter-led, meaning the founding family or individuals hold a significant stake and are actively involved in management. The ownership structure would typically involve the promoter group, institutional investors, and public shareholders. The quality of management (experience, strategic vision, execution capabilities) would be crucial for navigating the competitive landscape.

8. Outlook

T&I Global Ltd. operates in a sector poised to benefit from India's long-term economic growth, particularly the focus on manufacturing and infrastructure development. The 'Make in India' initiative and government capital expenditure plans present significant opportunities for industrial equipment providers. However, the sector is also characterized by intense competition, susceptibility to economic cycles, and vulnerability to raw material price volatility. The company's ability to differentiate its offerings, manage project execution efficiently, and adapt to technological advancements will be crucial for sustained performance. A balanced outlook would suggest potential for growth driven by broader economic tailwinds, but also significant operational and competitive challenges that require robust strategic execution.

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T&I Global Key Financials

Market Cap ₹86 Cr.

Stock P/E 21.1

P/B 0.9

Current Price ₹170.2

Book Value ₹ 191.6

Face Value 10

52W High ₹210.4

Dividend Yield 0%

52W Low ₹ 142.3

T&I Global Share Price

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Volume
Price

T&I Global Quarterly Price

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T&I Global Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 45 39 35 16 22 20 27 35 25 25
Other Income 2 4 -3 0 0 0 2 0 0 1
Total Income 46 43 32 16 22 20 29 35 25 26
Total Expenditure 40 38 32 15 19 19 32 30 22 22
Operating Profit 6 4 -0 1 4 1 -3 4 3 3
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 3 0 0 0
Profit Before Tax 6 4 -0 1 3 1 -0 4 3 3
Provision for Tax 2 1 0 0 1 0 -1 1 1 1
Profit After Tax 4 3 -1 1 3 1 0 3 2 3
Adjustments -0 0 0 0 -0 0 -0 -0 0 -0
Profit After Adjustments 4 3 -1 1 3 1 0 3 2 3
Adjusted Earnings Per Share 8.3 6.1 -1.5 1.1 5.1 1 0.8 5.1 3.5 5.1

T&I Global Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 73 101 139 114 132 96 102 103 152 183 84 112
Other Income 1 2 0 3 2 2 2 4 4 3 3 3
Total Income 74 103 139 116 134 98 104 107 157 187 88 115
Total Expenditure 71 99 132 107 121 80 88 93 142 171 84 106
Operating Profit 3 5 7 10 14 18 16 14 14 15 3 7
Interest 0 1 2 2 2 1 1 1 0 0 0 0
Depreciation 1 1 1 1 1 1 1 1 1 1 1 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 3 3
Profit Before Tax 2 3 4 7 10 15 14 12 13 14 5 10
Provision for Tax 1 2 2 3 3 4 4 3 5 4 1 2
Profit After Tax 1 1 2 4 7 12 10 9 8 10 4 8
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 1 1 2 4 7 12 10 9 8 10 4 8
Adjusted Earnings Per Share 1.8 2.4 4.2 8 14.1 22.9 19.9 17.2 16.6 19.6 8.1 14.5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -54% -7% -3% 1%
Operating Profit CAGR -80% -40% -30% 0%
PAT CAGR -60% -24% -20% 15%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 1% -1% 5% 22%
ROE Average 5% 10% 13% 14%
ROCE Average 6% 14% 19% 19%

T&I Global Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 20 21 23 27 33 45 55 65 73 84 89
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities -0 -0 0 -0 -0 -0 -0 -0 -0 4 4
Total Current Liabilities 36 48 78 63 56 36 40 43 57 30 33
Total Liabilities 57 69 101 89 89 80 94 107 130 118 125
Fixed Assets 18 19 21 20 20 19 20 19 20 20 20
Other Non-Current Assets 3 4 1 1 1 10 11 17 29 10 50
Total Current Assets 36 47 78 68 68 51 63 71 81 89 55
Total Assets 57 69 101 89 89 80 94 107 130 118 125

T&I Global Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 5 2 6 8 18 15 17 23 24 15 11
Cash Flow from Operating Activities -6 7 -9 23 -5 31 8 7 5 -25 34
Cash Flow from Investing Activities -2 -2 -1 -0 -0 -9 -1 -5 -14 22 -38
Cash Flow from Financing Activities 5 -1 12 -13 2 -20 -1 -1 -0 0 0
Net Cash Inflow / Outflow -3 4 2 10 -3 2 6 1 -9 -4 -4
Closing Cash & Cash Equivalent 2 6 8 18 15 17 23 24 15 11 7

T&I Global Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 1.82 2.38 4.18 8.04 14.05 22.9 19.92 17.21 16.63 19.61 8.05
CEPS(Rs) 3.63 3.55 6.29 10.41 15.95 25.09 21.85 19.22 18.55 21.81 10.49
DPS(Rs) 0.5 0.5 0.5 0.5 0.5 0 0 0 0 0 0
Book NAV/Share(Rs) 40.27 42.05 45.29 52.71 65.72 87.89 107.97 127.68 143.9 165.2 174.94
Core EBITDA Margin(%) 2.82 2.75 4.88 6.14 8.9 16.1 13.43 9.59 6.51 6.63 0.2
EBIT Margin(%) 2.73 4.25 4.28 7.49 9.59 17.23 14.36 12.29 8.61 7.68 5.67
Pre Tax Margin(%) 2.09 3.11 3.16 5.86 7.72 15.77 13.59 11.41 8.49 7.53 5.53
PAT Margin (%) 1.26 1.19 1.53 3.58 5.38 12.12 9.89 8.43 5.53 5.42 4.83
Cash Profit Margin (%) 2.52 1.78 2.3 4.64 6.11 13.27 10.85 9.42 6.17 6.02 6.3
ROA(%) 1.77 1.91 2.49 4.29 7.99 13.73 11.6 8.67 7.12 8.02 3.36
ROE(%) 4.55 5.78 9.58 16.4 23.73 29.82 20.34 14.6 12.25 12.69 4.73
ROCE(%) 7.52 13.67 14.49 19.04 27.33 34.23 29.52 21.27 19.07 17.99 5.55
Receivable days 81.07 86.93 115.61 153.73 95.34 85.62 58.33 77.36 81.04 111.44 217.34
Inventory Days 30.3 27.82 18.88 19.55 15.05 19.08 18.87 21.58 19.54 16.55 30.94
Payable days 124.81 110.6 120.46 176.01 92.39 112.13 76.73 63.87 32.11 28.24 68.73
PER(x) 8.09 11.57 15.45 8.54 6.22 2.52 4.84 5.05 5.87 10.69 16.37
Price/Book(x) 0.36 0.66 1.43 1.3 1.33 0.66 0.89 0.68 0.68 1.27 0.75
Dividend Yield(%) 3.4 1.81 0.77 0.73 0.57 0 0 0 0 0 0
EV/Net Sales(x) 0.2 0.2 0.36 0.27 0.37 0.13 0.25 0.19 0.22 0.52 0.71
EV/Core EBITDA(x) 4.91 4.11 7.19 3.2 3.54 0.7 1.66 1.45 2.42 6.24 18.04
Net Sales Growth(%) 9.07 38.61 36.99 -18.08 16.44 -27.63 6.54 1.31 47.33 20.46 -54
EBIT Growth(%) 12.49 115.86 37.83 43.29 49.12 30.03 -11.22 -13.31 3.3 7.4 -66.06
PAT Growth(%) 87.44 30.98 75.73 92.1 74.83 63 -13.03 -13.62 -3.36 17.94 -58.94
EPS Growth(%) 87.44 30.98 75.73 92.1 74.83 63 -13.03 -13.62 -3.36 17.94 -58.94
Debt/Equity(x) 0.44 0.58 1.11 0.53 0.56 0 0 0 0 0 0
Current Ratio(x) 0.99 0.98 1.01 1.09 1.22 1.44 1.59 1.67 1.42 2.92 1.68
Quick Ratio(x) 0.79 0.81 0.93 0.99 1.14 1.29 1.46 1.51 1.26 2.68 1.46
Interest Cover(x) 4.25 3.71 3.84 4.61 5.12 11.84 18.75 13.97 72.18 52.59 41.77
Total Debt/Mcap(x) 1.21 0.88 0.78 0.41 0.42 0 0 0 0 0 0

T&I Global Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 53.3 53.3 53.3 53.3 53.3 53.3 53.3 53.3 53.3 53.3
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 46.7 46.7 46.7 46.7 46.7 46.7 46.7 46.7 46.7 46.7
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

T&I Global News

T&I Global Pros & Cons

Pros

  • Stock is trading at 0.9 times its book value
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 10% over the last 3 years.
  • Debtor days have increased from 28.24 to 68.73days.
  • The company has delivered a poor profit growth of -19% over past five years.
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