Shares of Tube Investments of India Ltd were trading at Rs 2,945.20 in Tuesday's session, a marginal rise of 0.20 percent. The stock experienced high volume and a volume surge during the session, as per alerts at 3:12 pm.
Tube Investments of India is included as one of the stocks in the benchmark NIFTY MIDCAP 150 index.
The following tables provide a consolidated financial overview of Tube Investments of India, including quarterly and yearly data.
Here is a summary of the consolidated quarterly financials for Tube Investments of India:
| Heading | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Revenue | Rs 4,490.11 Crore | Rs 4,577.92 Crore | Rs 4,924.55 Crore | Rs 4,812.22 Crore | Rs 5,149.96 Crore |
| Net Profit | Rs 271.46 Crore | Rs 313.80 Crore | Rs 299.30 Crore | Rs 280.22 Crore | Rs 158.22 Crore |
| EPS | 9.80 | 11.64 | 10.69 | 10.01 | 2.41 |
The revenue for the quarter-ending March 2025 was Rs 5,149.96 Crore, compared to Rs 4,490.11 Crore in March 2024, indicating an increase. The net profit for the quarter-ending March 2025 was Rs 158.22 Crore, down from Rs 271.46 Crore in March 2024. Earnings per share (EPS) also decreased to 2.41 in March 2025 from 9.80 in March 2024.
The consolidated yearly financials provide an overview of key performance indicators:
| Heading | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | Rs 6,083.29 Crore | Rs 12,525.30 Crore | Rs 14,964.73 Crore | Rs 16,890.33 Crore | Rs 19,464.65 Crore |
| Net Profit | Rs 304.69 Crore | Rs 994.31 Crore | Rs 1,177.98 Crore | Rs 1,187.51 Crore | Rs 1,054.67 Crore |
| EPS | 15.13 | 39.89 | 49.50 | 62.12 | 34.83 |
| BVPS | 130.07 | 193.12 | 256.63 | 348.74 | 286.08 |
| ROE | 13.18 | 25.03 | 24.18 | 23.54 | 12.17 |
| Debt to Equity | 0.61 | 0.26 | 0.16 | 0.15 | 0.08 |
The annual revenue saw consistent growth, increasing from Rs 6,083.29 Crore in 2021 to Rs 19,464.65 Crore in 2025. Net profit also increased significantly from Rs 304.69 Crore in 2021 to Rs 1,054.67 Crore in 2025. The debt-to-equity ratio has increased from 0.61 in 2021 to 0.08 in 2025.
The following table shows the yearly income statement for Tube Investments of India:
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Sales | Rs 19,464 Crore | Rs 16,890 Crore | Rs 14,964 Crore | Rs 12,525 Crore | Rs 6,083 Crore |
| Other Income | Rs 371 Crore | Rs 251 Crore | Rs 143 Crore | Rs 108 Crore | Rs 111 Crore |
| Total Income | Rs 19,835 Crore | Rs 17,142 Crore | Rs 15,107 Crore | Rs 12,633 Crore | Rs 6,194 Crore |
| Total Expenditure | Rs 18,118 Crore | Rs 15,406 Crore | Rs 13,464 Crore | Rs 11,420 Crore | Rs 5,741 Crore |
| EBIT | Rs 1,717 Crore | Rs 1,735 Crore | Rs 1,643 Crore | Rs 1,213 Crore | Rs 453 Crore |
| Interest | Rs 63 Crore | Rs 52 Crore | Rs 42 Crore | Rs 58 Crore | Rs 40 Crore |
| Tax | Rs 598 Crore | Rs 495 Crore | Rs 422 Crore | Rs 160 Crore | Rs 107 Crore |
| Net Profit | Rs 1,054 Crore | Rs 1,187 Crore | Rs 1,177 Crore | Rs 994 Crore | Rs 304 Crore |
Sales increased by approximately 15.2% in March 2025 compared to March 2024, from Rs 16,890 Crore to Rs 19,464 Crore. Other income also saw an increase from Rs 251 Crore to Rs 371 Crore over the same period.
The following table shows the quarterly income statement:
| Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | |
|---|---|---|---|---|---|
| Sales | Rs 5,149 Crore | Rs 4,812 Crore | Rs 4,924 Crore | Rs 4,577 Crore | Rs 4,490 Crore |
| Other Income | Rs 158 Crore | Rs 77 Crore | Rs 70 Crore | Rs 64 Crore | Rs 83 Crore |
| Total Income | Rs 5,308 Crore | Rs 4,889 Crore | Rs 4,995 Crore | Rs 4,642 Crore | Rs 4,573 Crore |
| Total Expenditure | Rs 4,958 Crore | Rs 4,448 Crore | Rs 4,552 Crore | Rs 4,163 Crore | Rs 4,163 Crore |
| EBIT | Rs 350 Crore | Rs 441 Crore | Rs 442 Crore | Rs 479 Crore | Rs 409 Crore |
| Interest | Rs 16 Crore | Rs 15 Crore | Rs 16 Crore | Rs 15 Crore | Rs 14 Crore |
| Tax | Rs 175 Crore | Rs 146 Crore | Rs 126 Crore | Rs 150 Crore | Rs 123 Crore |
| Net Profit | Rs 158 Crore | Rs 280 Crore | Rs 299 Crore | Rs 313 Crore | Rs 271 Crore |
Sales increased from Rs 4,490 Crore in March 2024 to Rs 5,149 Crore in March 2025. Net profit, however, decreased from Rs 271 Crore to Rs 158 Crore over the same period.
The following table summarizes the consolidated cash flow for Tube Investments of India:
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Operating Activities | Rs 1,213 Crore | Rs 675 Crore | Rs 1,385 Crore | Rs 877 Crore | Rs 268 Crore |
| Investing Activities | Rs -1,615 Crore | Rs -1,657 Crore | Rs -871 Crore | Rs -79 Crore | Rs -340 Crore |
| Financing Activities | Rs 522 Crore | Rs 645 Crore | Rs -74 Crore | Rs -899 Crore | Rs 285 Crore |
| Others | Rs 0 Crore | Rs 1 Crore | Rs 21 Crore | Rs 0 Crore | Rs 277 Crore |
| Net Cash Flow | Rs 120 Crore | Rs -336 Crore | Rs 461 Crore | Rs -101 Crore | Rs 491 Crore |
The net cash flow for March 2025 was Rs 120 Crore, compared to Rs -336 Crore in March 2024.
The following table presents the consolidated balance sheet for Tube Investments of India:
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Share Capital | Rs 2,413 Crore | Rs 19 Crore | Rs 19 Crore | Rs 19 Crore | Rs 19 Crore |
| Reserves & Surplus | Rs 5,516 Crore | Rs 5,080 Crore | Rs 3,916 Crore | Rs 3,044 Crore | Rs 2,143 Crore |
| Current Liabilities | Rs 5,231 Crore | Rs 4,892 Crore | Rs 4,687 Crore | Rs 4,712 Crore | Rs 5,527 Crore |
| Other Liabilities | Rs 2,803 Crore | Rs 3,186 Crore | Rs 1,628 Crore | Rs 1,112 Crore | Rs 1,356 Crore |
| Total Liabilities | Rs 15,964 Crore | Rs 13,179 Crore | Rs 10,251 Crore | Rs 8,888 Crore | Rs 9,047 Crore |
| Fixed Assets | Rs 4,730 Crore | Rs 3,694 Crore | Rs 2,949 Crore | Rs 2,789 Crore | Rs 3,012 Crore |
| Current Assets | Rs 9,429 Crore | Rs 7,921 Crore | Rs 5,964 Crore | Rs 4,596 Crore | Rs 4,508 Crore |
| Other Assets | Rs 1,804 Crore | Rs 1,563 Crore | Rs 1,337 Crore | Rs 1,502 Crore | Rs 1,525 Crore |
| Total Assets | Rs 15,964 Crore | Rs 13,179 Crore | Rs 10,251 Crore | Rs 8,888 Crore | Rs 9,047 Crore |
| Contingent Liabilities | Rs 1,048 Crore | Rs 425 Crore | Rs 370 Crore | Rs 229 Crore | Rs 310 Crore |
Total assets increased from Rs 9,047 Crore in March 2021 to Rs 15,964 Crore in March 2025. Total liabilities also increased from Rs 9,047 Crore to Rs 15,964 Crore over the same period.
Key financial ratios provide insight into the company's performance:
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Basic EPS (Rs.) | 15.13 | 39.89 | 49.50 | 62.12 | 34.83 |
| Diluted EPS (Rs.) | 15.10 | 39.89 | 49.40 | 62.04 | 34.80 |
| Book Value / Share (Rs.) | 130.07 | 193.12 | 256.63 | 348.74 | 286.08 |
| Dividend / Share (Rs.) | 3.50 | 3.50 | 3.50 | 3.50 | 3.50 |
| Face Value | 1 | 1 | 1 | 1 | 1 |
| Gross Profit Margin (%) | 12.26 | 12.31 | 13.57 | 13.03 | 11.40 |
| Operating Margin (%) | 8.13 | 9.52 | 10.92 | 10.27 | 8.87 |
| Net Profit Margin (%) | 5.00 | 7.93 | 8.98 | 10.20 | 5.41 |
| Return on Equity (%) | 13.18 | 25.03 | 24.18 | 23.54 | 12.17 |
| ROCE (%) | 14.06 | 28.56 | 29.38 | 20.94 | 16.10 |
| Return On Assets (%) | 3.16 | 8.64 | 9.32 | 9.11 | 4.22 |
| Current Ratio (X) | 0.82 | 0.98 | 1.27 | 1.62 | 1.80 |
| Quick Ratio (X) | 0.61 | 0.69 | 0.98 | 1.25 | 1.38 |
| Debt to Equity (x) | 0.61 | 0.26 | 0.16 | 0.15 | 0.08 |
| Interest Coverage Ratios (X) | 12.10 | 26.47 | 47.83 | 42.12 | 34.99 |
| Asset Turnover Ratio (%) | 67.24 | 0.95 | 1.56 | 1.44 | 1.34 |
| Inventory Turnover Ratio (X) | 5.48 | 4.51 | 6.86 | 6.66 | 9.43 |
| 3 Yr CAGR Sales (%) | 10.00 | 47.27 | 77.49 | 66.63 | 24.66 |
| 3 Yr CAGR Net Profit (%) | 34.44 | 95.68 | 93.91 | 97.42 | 2.99 |
| P/E (x) | 78.87 | 40.73 | 51.45 | 60.15 | 79.51 |
| P/B (x) | 10.58 | 10.18 | 12.43 | 14.15 | 9.69 |
| EV/EBITDA (x) | 32.24 | 20.84 | 24.52 | 33.31 | 25.48 |
| P/S (x) | 3.78 | 2.50 | 3.28 | 4.27 | 2.75 |
The company’s P/E ratio as of March 2025 is 79.51, and the P/B ratio is 9.69. The debt-to-equity ratio for March 2025 is 0.08.
Tube Investments of India Ltd. has announced several corporate actions. The company announced a final dividend of Rs 1.50 per share (150%) on May 15, 2025, with an effective date of July 25, 2025. Additionally, an interim dividend of Rs 2.00 per share (200%) was announced on February 3, 2025, with an effective date of February 7, 2025.
Recent announcements also include:
With the stock trading flat with high volume, Tube Investments of India shows a slight increase in price.
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