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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…
Tube Investments of India has been assigned a 'Crisil ESG 65' and 'Crisil Core ESG 70' rating by Crisil ESG Ratings. This voluntary review reflects the company's environmental, social, and governance performance for FY26.
Tube Investments reported Q1 standalone revenue of ₹2,366 Cr (up from ₹2,007 Cr) but PBT declined to ₹213 Cr from ₹222 Cr. Consolidated revenue rose to ₹6,215 Cr. Business expansion includes acquiring Orange Koi for ₹35 Cr & investing ₹25 Cr in 3xper Innoventure.
TII's material subsidiary, TI Clean Mobility, saw its statutory auditors resign. This aims to align audit processes across the group, ensuring uniformity with the holding company's auditor for better governance.
Tube Investments reports strong revenue growth. Key moves include significant investments in clean mobility and semiconductor design via subsidiaries. Subsidiary CG Power raised ₹3,000 Cr via QIP. A final dividend of ₹1.50 per share is proposed. Standalone PAT was impacted by lower fair value gains.
TII reported strong Q4/FY revenue. Key investments: Rs.250 Cr in TI Clean Mobility (EVs), Rs.100 Cr in 3xper Innoventure. Subsidiary CG Power raised Rs.3,000 Cr via QIP & acquired a Rs.284 Cr semiconductor design business. Interim Rs.2, proposed final Rs.1.50 dividend per share.