Tube Investments

₹2919 2 | 0.1%

WEBSITE BSE:540762 NSE : TIINDIA 13 Mar, 16:01

Market Cap ₹56480 Cr.

Stock P/E 47.6

P/B 10.1

Current Price ₹2919

Book Value ₹ 290.2

Face Value 1

52W High ₹4807.1

Dividend Yield 0.12%

52W Low ₹ 2408

Edit Ratio

Tube Investments Research see more...

Overview Inc. Year: 2008Industry: Cycles

Tube Investments of India Limited (TII) is an India-based agency, that is engaged in production of a number of precision engineered and steel formed merchandise. The Company gives its merchandise to industries such as car, railway, production, mining, agriculture. TII operates thru 3 segments: engineering, bicycles and metallic formed merchandise. The engineering segments is engaged in manufacturing cold drawn welded (CWD) and electric resistance welded (ERW) tubes, tubular components, massive diameter tubes for hydraulic cylinders and rancid-avenue packages, and special grade cold rolled steel strips (CRSS). The bicycles section is engaged in production and marketing a wide range of bicycle manufacturers, health equipment and accessories. The metallic product segment is engaged in manufacturing and imparting vehicle and commercial chains, blanking components, motor casings and steel formed products for automotive, business and railway segments.

Tube Investments Share Price

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Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

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Peer Comparison

Tube Investments Quarterly Results

#(Fig in Cr.)	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Net Sales	3767	3643	3778	3898	4306	4197	4490	4578	4925	4812
Other Income	24	50	47	48	62	58	83	65	71	77
Total Income	3791	3693	3824	3946	4367	4255	4573	4643	4995	4890
Total Expenditure	3253	3170	3286	3431	3743	3728	4039	4049	4434	4321
Operating Profit	539	523	539	515	624	527	535	593	561	568
Interest	12	11	11	11	13	13	15	16	16	15
Depreciation	92	95	124	108	112	119	119	114	119	127
Exceptional Income / Expenses	-18	51	-25	-13	19	0	-6	0	0	0
Profit Before Tax	417	469	378	383	518	395	395	464	426	427
Provision for Tax	137	135	64	106	150	118	124	150	127	146
Profit After Tax	280	333	314	278	369	277	271	314	299	280
Adjustments	-66	-98	-2	-62	-102	256	-82	-89	-93	-87
Profit After Adjustments	214	235	312	215	266	533	190	225	207	194
Adjusted Earnings Per Share	11.1	12.2	16.1	11.1	13.8	27.6	9.8	11.6	10.7	10

Tube Investments Profit & Loss

#(Fig in Cr.)	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Net Sales	4493	5000	5773	4750	6083	12447	14964	16890	18805
Other Income	48	59	54	62	68	104	144	252	296
Total Income	4541	5059	5827	4813	6151	12552	15108	17142	19101
Total Expenditure	4087	4613	5226	4169	5443	10995	13062	14921	16843
Operating Profit	455	445	601	644	709	1557	2046	2221	2257
Interest	77	62	56	34	52	99	58	73	62
Depreciation	149	154	162	185	251	347	396	465	479
Exceptional Income / Expenses	0	-3	3	-22	-42	20	8	0	-6
Profit Before Tax	221	214	378	403	365	1128	1581	1683	1712
Provision for Tax	47	58	127	90	79	161	423	496	547
Profit After Tax	174	156	251	313	286	968	1158	1187	1164
Adjustments	-7	-8	-10	-7	-10	-199	-203	14	-351
Profit After Adjustments	168	147	240	306	275	769	956	1201	816
Adjusted Earnings Per Share	0.9	7.9	12.8	16.3	14.3	39.9	49.5	62.1	42.1

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	13%	41%	24%	0%
Operating Profit CAGR	9%	46%	30%	0%
PAT CAGR	3%	61%	36%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	-16%	23%	44%	NA%
ROE Average	26%	32%	26%	21%
ROCE Average	34%	34%	27%	22%

Tube Investments Balance Sheet

#(Fig in Cr.)	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Shareholder's Funds	1188	1272	1475	1734	2312	3071	3951	5100
Minority's Interest	92	100	96	73	383	654	1005	1645
Borrowings	378	229	123	16	925	345	44	49
Other Non-Current Liabilities	23	24	47	45	-411	-408	206	1368
Total Current Liabilities	1455	1687	1608	1213	4919	4696	4055	4829
Total Liabilities	3135	3312	3349	3080	8140	8368	9953	13055
Fixed Assets	1294	1346	1417	1503	3413	3313	3576	4405
Other Non-Current Assets	149	207	209	216	331	466	496	729
Total Current Assets	1692	1759	1724	1362	4003	4581	5691	7848
Total Assets	3135	3312	3349	3080	8140	8368	9953	13055

Tube Investments Cash Flow

#(Fig in Cr.)	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Opening Cash & Cash Equivalents	0	0	14	-48	-31	35	516	412	873
Cash Flow from Operating Activities	-0	383	409	493	596	257	896	1386	675
Cash Flow from Investing Activities	0	-263	-190	-196	-246	-345	-79	-871	-1658
Cash Flow from Financing Activities	0	-685	-291	-280	-284	304	-921	-75	645
Net Cash Inflow / Outflow	0	-565	-72	17	66	216	-104	440	-338
Closing Cash & Cash Equivalent	0	14	-48	-31	35	516	412	873	536

Tube Investments Ratios

#	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Earnings Per Share (Rs)	0	0.89	7.86	12.81	16.3	14.28	39.86	49.48	62.08
CEPS(Rs)	0	1.72	16.48	21.97	26.53	27.82	68.13	80.49	85.44
DPS(Rs)	0	2	1.75	2.5	3.5	3.5	3.5	3.5	3.5
Book NAV/Share(Rs)	0.45	6.34	67.57	78.18	91.78	119.48	158.81	203.82	262.79
Core EBITDA Margin(%)	0	8.42	7.49	9.28	12.05	10.3	11.54	12.58	11.52
EBIT Margin(%)	0	6.19	5.34	7.35	9.04	6.69	9.76	10.84	10.27
Pre Tax Margin(%)	0	4.59	4.14	6.4	8.35	5.86	8.97	10.46	9.84
PAT Margin (%)	0	3.62	3.01	4.25	6.49	4.59	7.69	7.66	6.94
Cash Profit Margin (%)	0	6.71	5.99	6.99	10.32	8.62	10.45	10.28	9.66
ROA(%)	0	11.12	4.82	7.53	9.74	5.09	11.72	12.65	10.32
ROE(%)	0	29.36	12.67	18.35	19.63	14.19	36.06	33.1	26.32
ROCE(%)	0	29.26	13.49	20.97	20.84	13.15	30.3	38.77	33.69
Receivable days	0	46.57	46.37	41.63	44.31	51.74	43.87	47.26	51.89
Inventory Days	0	55.37	52.74	48.76	51.89	48.84	35.3	32.35	33.51
Payable days	0	107.42	105.73	97.64	109.67	146.63	100.71	86.21	84.15
PER(x)	0	0	28.5	29.83	16.82	83.47	40.65	51.41	60.1
Price/Book(x)	0	0	3.32	4.89	2.99	9.97	10.2	12.48	14.2
Dividend Yield(%)	0	0	0.78	0.65	1.28	0.29	0.22	0.14	0.09
EV/Net Sales(x)	0	0.19	0.99	1.34	1.15	3.99	2.53	3.26	4.24
EV/Core EBITDA(x)	0	1.86	11.1	12.86	8.52	34.24	20.22	23.85	32.27
Net Sales Growth(%)	0	0	11.28	15.46	-17.71	28.06	104.62	20.22	12.87
EBIT Growth(%)	0	0	-7.57	57.36	0.74	-4.68	194.73	33.52	7.12
PAT Growth(%)	0	0	-10.81	61.3	24.89	-8.79	238.63	19.71	2.46
EPS Growth(%)	0	0	778.79	62.94	27.28	-12.43	179.17	24.15	25.46
Debt/Equity(x)	0	0.72	0.61	0.42	0.22	0.83	0.26	0.16	0.15
Current Ratio(x)	0	1.16	1.04	1.07	1.12	0.81	0.98	1.4	1.63
Quick Ratio(x)	0	0.66	0.59	0.57	0.66	0.59	0.69	1.07	1.26
Interest Cover(x)	0	3.87	4.46	7.74	12.98	8.02	12.41	28.36	24.18
Total Debt/Mcap(x)	0	0	0.18	0.09	0.07	0.08	0.03	0.01	0.01

Tube Investments Shareholding Pattern

#	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoter	46.45	46.43	46.21	46.13	46.11	45.1	45.1	45.04	44.97	44.11
FII	26.17	28.7	28.78	29.27	30.28	28.69	28.19	27.27	28.25	28.12
DII	14.65	12.34	12.38	12.84	12.06	14.72	15.39	16.08	15.3	15.61
Public	12.74	12.54	12.63	11.76	11.55	11.48	11.33	11.61	11.48	12.16
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoter	8.96	8.96	8.92	8.91	8.91	8.72	8.72	8.71	8.7	8.53
FII	5.05	5.54	5.56	5.66	5.85	5.55	5.45	5.27	5.46	5.44
DII	2.83	2.38	2.39	2.48	2.33	2.85	2.98	3.11	2.96	3.02
Public	2.46	2.42	2.44	2.27	2.23	2.22	2.19	2.25	2.22	2.35
Others	0	0	0	0	0	0	0	0	0	0
Total	19.3	19.31	19.31	19.33	19.33	19.34	19.34	19.34	19.34	19.35

Pros

Company has delivered good profit growth of 36% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 32%
Debtor days have improved from 86.21 to 84.15days.
Company is almost debt free.

Cons

Promoter holding is low: 44.11%.
Stock is trading at 10.1 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Tube Investments

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Tube Investments Research see more...

Overview Inc. Year: 2008Industry: Cycles

Tube Investments Share Price

Alert Data

Quarterly Price

Peer Comparison

Tube Investments Quarterly Results

Tube Investments Profit & Loss

Growth Rates

Tube Investments Balance Sheet

Tube Investments Cash Flow

Tube Investments Ratios

Tube Investments Shareholding Pattern

Tube Investments News

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