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Tube Investments of India Ltd share Price Today

Company details

3,620.00
3,709.80
2,664.80
4,162.50
6M Return 15.76%
1Y Return 36.41%
Mkt Cap.(Cr) 71,553.91
Volume 415,146
Div Yield 0.11%
OI
-
OI Chg %
-
Volume 415,146

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Auto Parts & Equipment company Tube Investments of India announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

Consolidated:

  • TII’s consolidated revenue: Rs 4,490 crore
  • Profit (before share of profit of an Associate/Joint Venture, Exceptional Items and Tax): Rs 401 crore
  • CG Power and Industrial Solutions Ltd consolidated revenue: Rs 2,192 crore
  • Profit before tax: Rs 301 crore
  • Shanthi Gears Ltd. revenue: Rs 154 crore
  • Profit before tax: Rs 32 crore

Standalone:

  • Revenue: Rs 1,962 crore (increase from Rs 1,663 crore in the same quarter previous year)
  • PBT: Rs 318 crore (increase from Rs 301 crore in the same quarter previous year)
  • Free Cash Flow: Rs 104 crore

FY24 Financial Highlights:

Consolidated:

  • TII’s consolidated Revenue: Rs 16,890 crore
  • Profit (before share of profit/(loss) of an Associate/Joint Venture, Exceptional Items and Tax): Rs 1,683 crore
  • CG’s consolidated Revenue: Rs 8,046 crore
  • Profit before tax: Rs 1,158 crore
  • Shanthi Gears Ltd. Revenue: Rs 536 crore
  • Profit before tax: Rs 110 crore

Standalone:

  • Revenue: Rs 7,611 crore (increase from Rs 7,236 crore of previous year)
  • PBT: Rs 970 crore (increase from Rs 876 crore of previous year)
  • ROIC: 54% (decrease from 55% in the previous year)
  • Cumulative Free Cash Flow: Rs 376 crore (51% of PAT)

Commenting on the financial results, M.A.M Arunachalam (known as Arun Murugappan), Chairman, Tube Investments of India, said "TII demonstrated resilience, achieving a consistent growth in Consolidated Profits before tax, driven by a strategic focus on Cost Reduction Initiatives and operational efficiency through Kaizen improvements. Exports during the year have grown by 14%. Notably, our subsidiaries, CG Power and Industrial Solutions Ltd, as well as Shanthi Gears Ltd, sustained their impressive performance. CG Power & Industrial Solutions Limited secured approval from the Union Cabinet under India’s Semi-conductor scheme to establish an Outsourced Semiconductor Assembly and Test (OSAT) facility, with an investment of around Rs 7,600 crore. over 5 years. This investment will be supported by Government Subsidies, Equity Contribution, and bank borrowings, with technology and Joint venture partnerships from Renesas Electronics Corporation, Japan, and Stars Microelectronics, Thailand. Additionally, TII and its subsidiary, TI Clean Mobility Private Limited, forged an agreement with GEF to raise Rs.580 crore through Compulsory Convertible Preference Shares."

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Tube Investments of India Ltd shares SWOT Analysis

Strengths (3)

  • Company with high TTM EPS Growth
  • Company with Low Debt
  • FII / FPI or Institutions increasing their shareholding

Weakness (1)

  • MFs decreased their shareholding last quarter

Opportunity (0)

Data not found

Threats (3)

  • Big Deal (Insider and SAST) sells last month greater than 1% of total shares
  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 3,733.0
R2 3,766.3
R3 3,822.8
Pivot

3,676.52

S1 3,643.2
S2 3,586.7
S3 3,553.4
EMA SMA
3,776.4
3,716.7
3,638.4
3,455.3
3,806.9
3,677.5
3,693.6
3,434.5
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
MOTILAL OSWAL MUTUAL FUND Bulk Purchase 2023-12-07 3348.09 1000000 NSE
SBI MUTUAL FUND Bulk Purchase 2023-09-29 2900 1204746 BSE
AMBADI ENTERPRISES LTD Bulk Sell 2023-09-29 2904.6 1058200 BSE
Name Category Shares
AMBADI INVESTMENTS LIMITED PROMOTER 35.66%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Tube Investments of India Ltd Stocks COMPARISON

Financials( in Cr) Tube Investments of India Ltd JSW Steel Ltd Tata Steel Ltd Jindal Steel & Power Ltd Steel Authority of India Ltd
Price 3,699.75 915.80 173.30 1,077.70 169.05
% Change 0.54 -0.83 -0.60 0.82 -3.04
Mcap Cr 71,553.91 223,954.68 216,339.61 109,934.88 69,826.53
Revenue TTM Cr 14,964.73 165,960.00 243,352.69 53,211.52 104,447.72
Net Profit TTM Cr 1,325.06 4,139.00 8,075.35 3,974.09 2,176.53
PE TTM 107.55 26.59 87.97 18.52 18.86
1 Year Return 36.41 29.97 65.05 105.22 106.03
ROCE 33.06 8.60 12.10 14.17 5.25
ROE 37.40 6.22 7.48 13.27 3.57
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 3,950.63 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 41,960.24 -29,509.50
LAST 3M 102,987.80 -35,737.56
LAST 6M 169,824.52 46,518.61
LAST 12M 263,691.56 126,663.80
Tube Investments of India Limited - Analysts/Institutional Investor Meet/Con. Call Updates

May 22, 2024 l NSE Announcement

Tube Investments of India Limited - Analysts/Institutional Investor Meet/Con. Call Updates

May 17, 2024 l NSE Announcement

Date Action Type Ratio
Feb 13, 2024 Dividend 200
Jul 26, 2023 Dividend 150
Feb 15, 2023 Dividend 200

Tube Investments of India Ltd Information

Stock PE (TTM)
107.55
Promoter Holding
45.1%
Book Value
263.6781
ROCE
33.06%
ROE
37.4%
Registered Address

Dare House, 234 NSC Bose Road, Chennai, Tamil Nadu, 600001

Tel : 91-44-42177770-5
Email : investorservices:tii.murugappa.com
Website : http://www.tiindia.com
Registrar

KFin Techologies Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 540762
NSE Code : TIINDIA
Book Closure Date (Month) : Jul/Aug
BSE Group : A
ISIN : INE974X01010

FAQ’s on Tube Investments of India Ltd Shares

You can buy Tube Investments of India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Tube Investments of India Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 22, 2024 03:59 PM the closing price of Tube Investments of India Ltd was Rs.3,699.75.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 22, 2024 03:59 PM, the market cap of Tube Investments of India Ltd stood at Rs. 71,553.91.

The latest PE ratio of Tube Investments of India Ltd as of May 22, 2024 03:59 PM is 107.55

The latest PB ratio of Tube Investments of India Ltd as of May 22, 2024 03:59 PM is 0.07

The 52-week high of Tube Investments of India Ltd share price is Rs. 4,162.50 while the 52-week low is Rs. 2,664.80

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