Tube Investments of India logo

Tube Investments of India share price

NSE: TIINDIABSE: 540762Auto ComponentsMid Cap

Last close ₹2,080.00down ₹20.00 (0.95%)BSE ₹2,076.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹2,100.00.

52-week range of traded prices to 23 Oct 2026
₹2,005.20Low, 23 Oct 2026₹3,335.20High, 24 Jun 2026
Market cap
₹40,263 Cr193rd largest listed
P/E
66.4
P/E without one-offs
59.9
P/B
5.2
Dividend yield
0.17%
ROE
9.1%
ROE without one-offs
10.1%
ROCE
10.7%
Debt to equity
0.03
Volume, NSE
5,01,18151.7% delivered

Share price

Daily closes since Nov 2017, adjusted for splits and bonuses

−35.1%over a year

Results20-session average 5,71,159 shares a day, 52.4% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 14 Aug

Revenue
₹6,215 Crup 0.01%
Net profit
₹294 Crup 25.62%
Net margin
4.7%

Revenue by year

Net profit by year, a loss in red

The years either side of a change of basis do not compare. From the year to Mar 2023, the company reports a discontinued business.

₹ croreSep 2024Filed 4 NovDec 2024Filed 3 FebMar 2025Filed 10 JunJun 2025Filed 1 AugSep 2025Filed 5 NovDec 2025Filed 4 FebMar 2026Filed 13 MayJun 2026Filed 14 Aug
Revenue4,9254,8125,1505,3095,5235,8016,2156,215
Net profit299280158303302279234294
Net margin6.1%5.8%3.1%5.7%5.5%4.8%3.8%4.7%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Industrial Systems₹6,747 Crup 5.82%29.0%
  • Engineering₹5,612 Crup 11.60%24.2%
  • Power Systems₹5,138 Crup 46.40%22.1%
  • Metal Formed Products₹1,603 Crup 2.44%6.9%
  • Mobility₹784 Crup 16.65%3.4%
  • Electric Vehicles₹683 Crup 26.30%2.9%
  • Gears and Gear Products₹517 Crdown 14.26%2.2%
  • Semiconductors₹503 Cr2.2%
  • Medical₹209 Cr0.9%
  • Others₹1,442 Crup 5.27%6.2%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2023: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 12% of 1,113 trading days over the last 5 years.

LowestHighest
Its median79.0Industry median23.0
Price to book

At or below today's level on 17% of 1,974 trading days since Nov 2018.

LowestHighest
Its median10.6Industry median2.5
EV to EBITDA17.3

At or below today's level on 20% of 1,974 trading days since Nov 2018.

LowestHighest
Its median28.7Industry median13.1
Dividend yield

At or below today's level on 52% of 2,168 trading days since Jan 2018.

LowestHighest
Its median0.16%Industry median0.63%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−9.0%−5.5%−3.8%0.1%
3 years−0.3%−12.7%+14.1%0.1%
5 years+16.2%+16.8%−0.6%0.1%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 1, 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2021, Mar 2023 and Mar 2026.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters44.10%
  • Foreign institutions21.50%
  • Indian institutions21.63%
  • Governments0.45%
  • Individuals and others12.32%
Holder
AMBADI INVESTMENTS LIMITEDPromoter35.63%
SMALLCAP WORLD FUND, INCForeign portfolio investors, category I4.31%
LIFE INSURANCE CORPORATION OF INDIAInsurance companies1.85%
NPS TRUST A/C - HDFC PF NPS SURAKSHIT INCOME FUNDProvident and pension funds1.02%
M A M ARUNACHALAMPromoter0.44%
ARUN ALAGAPPANPromoter0.39%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

198 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 103 of the 126 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
1
Bought again
2
Added
79
Cut
47
Held unchanged
68
Sold out
6
Fund
Motilal Oswal Mutual Fund logoMotilal Oswal Midcap FundMotilal Oswal Mutual Fund41,10,3962.43%₹976.2 Cr
Nippon India Mutual Fund logoNippon India Growth Mid Cap FundNippon India Mutual Fund26,70,0001.26%₹634.1 Cr
Nippon India Mutual Fund logoNippon India Small Cap FundNippon India Mutual Fund24,99,2220.73%₹593.6 Cr
DSP Mutual Fund logoDSP Midcap FundDSP Mutual Fund12,90,7291.57%₹306.5 Cr
Franklin Templeton Mutual Fund logoFranklin India Flexi Cap FundFranklin Templeton Mutual Fund10,23,6011.34%₹243.1 Cr
Kotak Mahindra Mutual Fund logoKotak Arbitrage FundKotak Mahindra Mutual Fund10,15,2000.32%₹241.1 Cr
Nippon India Mutual Fund logoNippon India Focused FundNippon India Mutual Fund9,08,7482.67%₹215.8 Cr
Invesco Mutual Fund logoInvesco India Mid Cap FundInvesco Mutual Fund8,15,2811.23%₹193.6 Cr
Sundaram Mutual Fund logoSundaram Mid Cap FundSundaram Mutual Fund7,65,0001.31%₹181.7 Cr
DSP Mutual Fund logoDSP Large & Mid Cap FundDSP Mutual Fund7,45,0391.02%₹176.9 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Auto Components & Equipments, 155 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Tube Investments of India in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Bharat Forge logoBharat ForgeBHARATFORG83,621118.48.730.2+17.5%−30.9%7.5%11.9%0.50%
UNO Minda logoUNO MindaUNOMINDA61,03850.88.927.7+18.8%+16.2%19.1%15.9%0.25%
Schaeffler India logoSchaeffler IndiaSCHAEFFLER54,28743.38.827.5+19.7%+23.8%21.6%25.3%1.01%
Sona BLW Precision Forgings logoSona BLW Precision ForgingsSONACOMS46,98868.07.938.8+40.5%+18.3%12.0%14.3%0.45%
Endurance Technologies logoEndurance TechnologiesENDURANCE31,47232.44.615.5+29.3%+12.9%15.4%15.5%0.51%
Exide Industries logoExide IndustriesEXIDEIND28,21630.32.014.9+7.6%+9.9%6.7%9.1%0.60%
Dhoot Transmission logoDhoot TransmissionDHOOTTRANS27,659–––––––0.00%
Craftsman Automation logoCraftsman AutomationCRAFTSMAN27,43159.0––+37.9%+117.0%15.2%13.5%0.11%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹3.50 a share, in 7 years, the latest the year to Mar 2026.
Ex-dateTypePer share
7 Aug 2026Final₹1.50
10 Feb 2026Interim₹2.00
25 Jul 2025Final₹1.50
7 Feb 2025Interim₹2.00
23 Jul 2024Final₹1.50
13 Feb 2024Interim₹2.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Tube Investments of India share price by year

Each calendar year to 2025.Tube Investments of India share price history

YearClose at year endChangeHighest closeLowest close
20252,614.10−26.9%3,672.452,462.15
20243,576.25+1.0%4,716.603,389.15
20233,541.65+27.6%3,895.852,419.45
20222,775.55+58.2%3,017.351,461.55
20211,754.80+119.1%1,757.40756.80
2020800.85+66.3%854.50258.80
2019481.60+35.2%498.45324.50
2018356.25+32.2%356.25212.15
2017269.55–293.50243.05
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2017 is from its first session, 2 Nov 2017.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20262,088.002,088.002,005.202,080.002,048.535,01,18151.7%
22 Oct 20262,110.002,114.802,053.402,100.002,082.126,45,03551.4%
21 Oct 20262,177.302,177.302,100.502,113.902,123.892,96,62352.6%
19 Oct 20262,203.602,239.902,160.002,170.002,191.431,93,26443.6%
16 Oct 20262,190.002,222.802,163.602,197.302,196.746,55,32155.2%
15 Oct 20262,220.002,225.102,167.502,184.602,193.524,75,99752.3%
14 Oct 20262,192.002,242.102,161.502,220.502,220.0112,33,90864.9%
13 Oct 20262,220.002,229.902,136.502,194.902,167.2912,01,21560.2%
12 Oct 20262,220.902,307.902,206.502,214.002,254.036,59,60336.1%
9 Oct 20262,245.502,272.702,213.002,213.002,238.618,41,28658.9%
Prices in ₹ per share as traded, not adjusted.

About Tube Investments of India

Tube Investments of India Limited is an engineering and mobility company with its registered office in Chennai. It makes steel tubes, cold rolled steel strips, metal-formed automotive components, chains and bicycles. Through subsidiaries it also builds electric vehicles and power equipment, and runs medical consumables and contract drug manufacturing businesses. It was incorporated in 2008.

The company reports three main divisions, plus other businesses. Engineering makes cold drawn welded and electric resistance welded tubes and cold rolled steel strips. Metal Formed Products makes fine blanked products, automotive chains and roll-formed car doorframes. Mobility sells standard bicycles, special bicycles, e-bicycles and fitness equipment. Other businesses include industrial chains.

Several businesses sit in subsidiaries. CG Power and Industrial Solutions, acquired in 2020, makes transformers and switchgears and has entered semiconductors. Shanthi Gears, acquired in 2012, makes gears and gear boxes. TI Clean Mobility, set up in February 2022, makes electric three-wheelers and electric tractors under the Montra Electric brand. TI Medical, a collaboration with Premji Invest, makes medical consumables. 3xper Innoventure, set up in May 2023, offers contract development and manufacturing services. In January 2025 the company acquired Kcaltech System India, which makes aluminium tubes and parts for vehicle air conditioning.

Its plants are in Tamil Nadu, Maharashtra, Punjab, Gujarat, Haryana and Uttarakhand, and it has a subsidiary in France, Financière C10. The company is part of the Murugappa Group.

Legal name
Tube Investments of India Limited
NSE symbol
TIINDIA
BSE code
540762
ISIN
INE974X01010
Industry
Auto Components
Listed
Nov 2017
Face value
₹1
CIN
L35100TN2008PLC069496
Corporate identity number, the registrar of companies' code for it