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Tube Investments of India Limited (TII) is one of India‚Äôs leading manufacturers of a wide range of products for major industries such as Automotive, Railway, Construction, Mining, Agriculture, etc. The Company‚Äôs 3 main verticals are Engineering, Metal Formed Products and Bicycles. In line with its growth strategies, the Company has forayed into TMT bars and Truck Body Building business and is additionally…
TII reported Q1 revenue of ₹2,366 Cr (+18%) and Free Cash Flow surged to ₹174 Cr (+112%). Subsidiaries launched new EV variants, including battery swapping trucks, and commissioned major facilities like CG Power's EHV switchgear and CG Semi's semiconductor plant. TII also acquired Orange Koi and invested ₹25 Cr in...
TII reported robust FY26 standalone results: revenue up 8.4% to ₹8,556 Cr, PBT up 12.7% to ₹1,099 Cr, and FCF surged 108%. Subsidiary CG Power secured a record ₹900 Cr export order. TII also increased stakes in EV units TIVOLT to 100% and IPLT to 95.58%.
TII is investing Rs. 75 Cr. in its subsidiary 3xper Innoventure for Compulsorily Convertible Preference Shares. Mr. N Govindarajan also invested Rs. 25 Cr. in 3xper. This Rs. 100 Cr. capital injection aims to scale up 3xper's pharmaceutical manufacturing operations.
Tube Investments of India (TII) is boosting its clean mobility efforts. Its subsidiary, TI Clean Mobility, allotted 2.5 crore Series C preference shares to TII, injecting fresh capital into this key growth segment.
Tube Investments of India will invest Rs. 250 Cr in its subsidiary, TI Clean Mobility Private Limited, via Compulsorily Convertible Preference Shares. This capital aims to scale TICMPL's electric mobility business.