Tube investment share

Q4FY23 Quarterly & FY23 Annual Result Announced for Tube Investments of India Ltd. Auto Parts & Equipment company Tube Investments of India announced Q4FY23 & FY23 results: • Standalone Q4FY23: • Revenue in Q4FY23 was at Rs 1,663 crore compared with Rs 1,735 crore in Q4FY22 • PBT in Q4FY23 (before exceptional items) was Rs 331 crore as against Rs 173 crore in Q4FY22 • Free cash flow for Q4FY23 was Rs 235 crore • Standalone FY23: • Revenue for FY23 was at Rs 7,236 crore compared with Rs 6,359 crore of FY22 • PBT for FY23 is Rs 928 crore compared with Rs 628 crore of FY22 • ROIC at 54.5% for FY23 compared with 46.8% in FY22 • Cumulative free cash flow for FY23 was Rs 608 crore which is 91% of the PAT • Consolidated Q4FY23: • Revenue for the quarter was Rs 3,778 crore as against Rs 3,393 crore in Q4FY22 • The profit (before share of profit/(loss) of an Associate/Joint Venture, Exceptional Items and Tax) for Q4FY23 was at Rs 403 crore as against Rs 291 crore in Q4FY22 • Consolidated FY23: • For FY23, revenue was Rs 14,965 crore as against Rs 12,447 crore in FY22 • The profit (before share of profit/(loss) of an Associate/Joint Venture, Exceptional Items, and Tax) was at Rs 1,593 crore as against Rs 1,111 crore in FY22 • The board has recommended a final dividend of Rs 1.50 per share for FY23 Commenting on the financial results, M.A.M Arunachalam (known as Arun Murugappan), Chairman, Tube Investments of India said, “Engineering and Metal Formed Products Businesses continued the...

Tube Investments of India Ltd.: Share Price, Stock Analysis, Annual Report | Value Research Tube Investments of India Ltd.: Share Price, Stock Analysis, Annual Report | Value Research https://www.valueresearchonline.com/stocks/175842/tube-investments-of-india-ltd/ Get Tube Investments of India Ltd.'s stock analysis, price valuation, corporate actions, and financials from India's independent mutual fund research house. Business Tube Investments of India Limited manufactures and sells precision engineered and metal formed products to automotive, railway, construction, mining, agriculture, etc. in India. The company operates through three segments: Engineering, Metal Formed Products, and Mobility. Its Engineering segment offers cold rolled steel strips, precision steel tubes, cold drawn welded tubes, and electric resistance welded tubes. The company Metal Formed Products segments provides automotive chains, fine blanked and stamped products, roll-formed car doorframes, and cold rolled formed sections. Its Mobility segment offers standard bicycles, special bicycles including alloy bikes and specialty performance bikes, and fitness equipment. In addition, the company offers gear and gear products, such as gear, gear boxes, and gear motors and assemblies; power systems, which include transformers, switchgear, automation, and turnkey projects; and industrial systems, such as electric motors, alternators, drives, traction, electronics, and SCADA products. Further, it engages in th...

Tube Investment of India (TII) is set for a good rally ahead on stock exchanges with a long-term growth strategy and foraying into electric three-wheelers market along with Optic lens to work in favor of the stock. Due to strong fundamentals and strategic change adopted by the company, Geojit Financial Services has recommended 'Accumulate' on the stock with a target price of Rs1,746 apiece going forward. In its report, Geojit stated that Tube Investment's long-term strategy to insulate itself from the cyclical nature of the auto sector through organic, inorganic growth and entering into a new venture such as an EV OEM is largely in place for the company. The growth share in the export market for legacy products like engineering and TI cycles are growing in double-digit due to entering newer geographies and having export incentives. Acquisition of CG Power has become positive for the company. It is well poised to take the benefit of CG power’s market leadership globally. Tube Investments has set a modest target of Rs5000 crore and ₹500 crore in revenue and PBT in four to five years for CG. Further, Geojit's report states that Tube Investment's entry into 3W electric manufacturing with an outlay of Rs200cr will also mark the group’s foray into complete automobile manufacturing. The technology and the prototype of the EV three-wheeler have already been developed and will be a combination of in-house as well as design support from a Korean company. "Due to semiconductor shorta...

Tube Invest Of India Ltd Quick Overview Tube Investments of India Limited is an India-based company engaged in manufacturing a range of precision-engineered and metal-formed products. The Company provides its products to industries such as automotive, railway, construction, mining and agriculture. The Company operates through three segments: Engineering, Metal-Formed Products and Mobility. The Engineering segment comprises cold-rolled steel strips and precision steel tubes, including cold-drawn welded tubes and electric resistance welded tubes. The Metal Formed Products segment comprises automotive chains, fine blanked products, stamped products, roil-formed car doorframes and cold-rolled formed sections for railway wagons and passenger coaches. The Mobility segment comprises standard bi-cycles, special bi-cycles, including alloy bikes and specialty performance bikes, fitness equipment and three-wheeler electric vehicles. It supplies hydraulic cylinder manufacturing used in construction equipment and off-highway vehicles. RKSV Securities: SEBI Registration No. INZ000185137 | NSE Member Code: 13942 | BSE Clrg Code: 6155 | CDSL: IN-DP-CDSL- 00282534 | NSDL: IN-DP-NSDL-11496819 | CDSL: IN-DP-CDSL- 00283831 | NSDL: IN-DP-NSDL-11497282 | RKSV Commodities MCX Member Code: 46510 | SEBI Regn. No. INZ000015837| Registered Address: 807, New Delhi House Barakhamba Road, Connaught Place, New Delhi- 110001. | Correspondence Address: RKSV/Upstox, 30th Floor, Sunshine Tower, Senapati Bap...

Sector Automobile & Ancillaries Compare with Sector peers Industry Cycles Compare with Industry peers Website http://www.tiindia.com Market Cap 57,782.08 Cr. Enterprise Value(EV) 57,457.62 Cr. 2023-03 Financial Indicators • Consolidated • Standalone Earnings per share (EPS) 49.45 Trailing Twelve Months Ending 2023-03 Price-Earning Ratio (PE) 60.47 Trailing Twelve Months Ending 2023-03 Industry PE 60.47 Trailing Twelve Months Ending 2023-03 Book Value / Share 204.56 Trailing Twelve Months Ending 2023-03 Price to Book Value 14.62 Calculated using Price: 2,989.85 Dividend Yield 0.12 Period Ending 2022-03 No. of Shares Subscribed 19.33 Cr. 193,260,791 Shares FaceValue 1 About Tube Investments of India Ltd. Tube Investments of India Ltd. (TII) is one of India’s leading manufacturers of a wide range of products for major industries such as Automotive, Railway, Construction, Mining, Agriculture, etc. The Company’s 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 exploring opportunities in optic lens and other vision systems for the Auto industry. The company is a flagship Company of the renowned Murugappa Group, India’s leading business conglomerate. Particulars 8 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03* Rs. Cr. Shh. Funds 0 1,188 1,272 1,475 1,734 2...

• The company has shown a good profit growth of 24.9618379664914% for the Past 3 years. • Company has been maintaining healthy ROCE of 20.7035066936073% over the past 3 years. • Company has a healthy Interest coverage ratio of 48.0794602698651. • The company has an efficient Cash Conversion Cycle of -28.9744428124462 days. • The company has a good cash flow management; CFO/PAT stands at 1.56563641722703. • The company has a strong degree of Operating leverage, Average Operating leverage stands at 11.0257141163909. Quarterly Result (All Figures in Cr.) PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Net Sales 1734.52 1957.04 1905.86 1709.69 1663.36 Total Expenditure 1560.16 1753 1654.65 1495.27 1452.78 Operating Profit 174.36 204.04 251.21 214.42 210.58 Other Income 37.69 12 14.46 17.1 171.66 Interest 2.17 3.58 5.22 6 6.82 Depreciation 36.74 32.48 34.64 33.66 44.78 Exceptional Items 0 0 -23.45 0 -29.27 Profit Before Tax 173.14 179.98 202.36 191.86 301.37 Tax 36.78 45.66 59.9 54.15 50.66 Profit After Tax 136.36 134.32 142.46 137.71 250.71 Adjusted EPS (Rs) 7.07 6.96 7.38 7.13 12.98 Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.) PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Net Sales 4571.41 5285.73 4276.09 4255.75 6359.33 Total Expenditure 4221.12 4787.94 3729.28 3751.36 5646.5 Operating Profit 350.29 497.79 546.81 504.39 712.83 Other Income 54.53 66.52 64.77 46.53 73.58 Interest 58.58 53.03 30.15 20.57 13.34 Depreciation 128.3 140.2 160.71 149.64...

Tube Invest Of India Ltd Quick Overview Tube Investments of India Limited is an India-based company engaged in manufacturing a range of precision-engineered and metal-formed products. The Company provides its products to industries such as automotive, railway, construction, mining and agriculture. The Company operates through three segments: Engineering, Metal-Formed Products and Mobility. The Engineering segment comprises cold-rolled steel strips and precision steel tubes, including cold-drawn welded tubes and electric resistance welded tubes. The Metal Formed Products segment comprises automotive chains, fine blanked products, stamped products, roil-formed car doorframes and cold-rolled formed sections for railway wagons and passenger coaches. The Mobility segment comprises standard bi-cycles, special bi-cycles, including alloy bikes and specialty performance bikes, fitness equipment and three-wheeler electric vehicles. It supplies hydraulic cylinder manufacturing used in construction equipment and off-highway vehicles. RKSV Securities: SEBI Registration No. INZ000185137 | NSE Member Code: 13942 | BSE Clrg Code: 6155 | CDSL: IN-DP-CDSL- 00282534 | NSDL: IN-DP-NSDL-11496819 | CDSL: IN-DP-CDSL- 00283831 | NSDL: IN-DP-NSDL-11497282 | RKSV Commodities MCX Member Code: 46510 | SEBI Regn. No. INZ000015837| Registered Address: 807, New Delhi House Barakhamba Road, Connaught Place, New Delhi- 110001. | Correspondence Address: RKSV/Upstox, 30th Floor, Sunshine Tower, Senapati Bap...

Q4FY23 Quarterly & FY23 Annual Result Announced for Tube Investments of India Ltd. Auto Parts & Equipment company Tube Investments of India announced Q4FY23 & FY23 results: • Standalone Q4FY23: • Revenue in Q4FY23 was at Rs 1,663 crore compared with Rs 1,735 crore in Q4FY22 • PBT in Q4FY23 (before exceptional items) was Rs 331 crore as against Rs 173 crore in Q4FY22 • Free cash flow for Q4FY23 was Rs 235 crore • Standalone FY23: • Revenue for FY23 was at Rs 7,236 crore compared with Rs 6,359 crore of FY22 • PBT for FY23 is Rs 928 crore compared with Rs 628 crore of FY22 • ROIC at 54.5% for FY23 compared with 46.8% in FY22 • Cumulative free cash flow for FY23 was Rs 608 crore which is 91% of the PAT • Consolidated Q4FY23: • Revenue for the quarter was Rs 3,778 crore as against Rs 3,393 crore in Q4FY22 • The profit (before share of profit/(loss) of an Associate/Joint Venture, Exceptional Items and Tax) for Q4FY23 was at Rs 403 crore as against Rs 291 crore in Q4FY22 • Consolidated FY23: • For FY23, revenue was Rs 14,965 crore as against Rs 12,447 crore in FY22 • The profit (before share of profit/(loss) of an Associate/Joint Venture, Exceptional Items, and Tax) was at Rs 1,593 crore as against Rs 1,111 crore in FY22 • The board has recommended a final dividend of Rs 1.50 per share for FY23 Commenting on the financial results, M.A.M Arunachalam (known as Arun Murugappan), Chairman, Tube Investments of India said, “Engineering and Metal Formed Products Businesses continued the...

Tube Investment of India (TII) is set for a good rally ahead on stock exchanges with a long-term growth strategy and foraying into electric three-wheelers market along with Optic lens to work in favor of the stock. Due to strong fundamentals and strategic change adopted by the company, Geojit Financial Services has recommended 'Accumulate' on the stock with a target price of Rs1,746 apiece going forward. In its report, Geojit stated that Tube Investment's long-term strategy to insulate itself from the cyclical nature of the auto sector through organic, inorganic growth and entering into a new venture such as an EV OEM is largely in place for the company. The growth share in the export market for legacy products like engineering and TI cycles are growing in double-digit due to entering newer geographies and having export incentives. Acquisition of CG Power has become positive for the company. It is well poised to take the benefit of CG power’s market leadership globally. Tube Investments has set a modest target of Rs5000 crore and ₹500 crore in revenue and PBT in four to five years for CG. Further, Geojit's report states that Tube Investment's entry into 3W electric manufacturing with an outlay of Rs200cr will also mark the group’s foray into complete automobile manufacturing. The technology and the prototype of the EV three-wheeler have already been developed and will be a combination of in-house as well as design support from a Korean company. "Due to semiconductor shorta...

• The company has shown a good profit growth of 24.9618379664914% for the Past 3 years. • Company has been maintaining healthy ROCE of 20.7035066936073% over the past 3 years. • Company has a healthy Interest coverage ratio of 48.0794602698651. • The company has an efficient Cash Conversion Cycle of -28.9744428124462 days. • The company has a good cash flow management; CFO/PAT stands at 1.56563641722703. • The company has a strong degree of Operating leverage, Average Operating leverage stands at 11.0257141163909. Quarterly Result (All Figures in Cr.) PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Net Sales 1734.52 1957.04 1905.86 1709.69 1663.36 Total Expenditure 1560.16 1753 1654.65 1495.27 1452.78 Operating Profit 174.36 204.04 251.21 214.42 210.58 Other Income 37.69 12 14.46 17.1 171.66 Interest 2.17 3.58 5.22 6 6.82 Depreciation 36.74 32.48 34.64 33.66 44.78 Exceptional Items 0 0 -23.45 0 -29.27 Profit Before Tax 173.14 179.98 202.36 191.86 301.37 Tax 36.78 45.66 59.9 54.15 50.66 Profit After Tax 136.36 134.32 142.46 137.71 250.71 Adjusted EPS (Rs) 7.07 6.96 7.38 7.13 12.98 Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.) PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Net Sales 4571.41 5285.73 4276.09 4255.75 6359.33 Total Expenditure 4221.12 4787.94 3729.28 3751.36 5646.5 Operating Profit 350.29 497.79 546.81 504.39 712.83 Other Income 54.53 66.52 64.77 46.53 73.58 Interest 58.58 53.03 30.15 20.57 13.34 Depreciation 128.3 140.2 160.71 149.64...