Tube Investments of India Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: March 17, 2026, 4:20 am

Market Cap	46,882 Cr.
Current Price	2,422
Intrinsic Value	₹2,873.64
High / Low	3,420/2,165
Stock P/E	75.8
Book Value	389
Dividend Yield	0.14 %
ROCE	21.8 %
ROE	12.8 %
Face Value	1.00
PEG Ratio	-15.28

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Tube Investments of India Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Tube Investments of India Ltd	46,882 Cr.	2,422	3,420/2,165	75.8	389	0.14 %	21.8 %	12.8 %	1.00
Industry Average	46,882.00 Cr	2,422.00		75.80	389.00	0.14%	21.80%	12.80%	1.00

All Competitor Stocks of Tube Investments of India Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	3,643	3,778	3,898	4,306	4,197	4,490	4,578	4,925	4,812	5,150	5,309	5,523	5,801
Expenses	3,174	3,288	3,431	3,744	3,728	4,039	4,047	4,434	4,321	4,813	4,763	4,978	5,216
Operating Profit	469	489	467	562	469	451	531	490	491	337	546	544	585
OPM %	13%	13%	12%	13%	11%	10%	12%	10%	10%	7%	10%	10%	10%
Other Income	95	188	42	59	609	77	62	71	77	150	72	93	49
Interest	11	11	11	13	13	15	16	16	15	16	17	14	15
Depreciation	95	124	108	112	119	115	110	119	127	137	152	164	173
Profit before tax	460	542	390	496	946	398	467	426	426	334	449	459	445
Tax %	29%	12%	27%	30%	12%	31%	32%	30%	34%	53%	32%	34%	37%
Net Profit	324	477	284	346	828	274	317	299	280	158	303	302	279
EPS in Rs	12.19	16.14	11.14	13.77	27.58	9.88	11.73	10.69	10.01	2.40	10.28	9.65	8.57

Last Updated: March 3, 2026, 2:06 pm

Below is a detailed analysis of the quarterly data for Tube Investments of India Ltd based on the most recent figures (Dec 2025) and their trends compared to the previous period:

For Sales, as of Dec 2025, the value is 5,801.00 Cr.. The value appears strong and on an upward trend. It has increased from 5,523.00 Cr. (Sep 2025) to 5,801.00 Cr., marking an increase of 278.00 Cr..
For Expenses, as of Dec 2025, the value is 5,216.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4,978.00 Cr. (Sep 2025) to 5,216.00 Cr., marking an increase of 238.00 Cr..
For Operating Profit, as of Dec 2025, the value is 585.00 Cr.. The value appears strong and on an upward trend. It has increased from 544.00 Cr. (Sep 2025) to 585.00 Cr., marking an increase of 41.00 Cr..
For OPM %, as of Dec 2025, the value is 10.00%. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 10.00%.
For Other Income, as of Dec 2025, the value is 49.00 Cr.. The value appears to be declining and may need further review. It has decreased from 93.00 Cr. (Sep 2025) to 49.00 Cr., marking a decrease of 44.00 Cr..
For Interest, as of Dec 2025, the value is 15.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 14.00 Cr. (Sep 2025) to 15.00 Cr., marking an increase of 1.00 Cr..
For Depreciation, as of Dec 2025, the value is 173.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 164.00 Cr. (Sep 2025) to 173.00 Cr., marking an increase of 9.00 Cr..
For Profit before tax, as of Dec 2025, the value is 445.00 Cr.. The value appears to be declining and may need further review. It has decreased from 459.00 Cr. (Sep 2025) to 445.00 Cr., marking a decrease of 14.00 Cr..
For Tax %, as of Dec 2025, the value is 37.00%. The value appears to be increasing, which may not be favorable. It has increased from 34.00% (Sep 2025) to 37.00%, marking an increase of 3.00%.
For Net Profit, as of Dec 2025, the value is 279.00 Cr.. The value appears to be declining and may need further review. It has decreased from 302.00 Cr. (Sep 2025) to 279.00 Cr., marking a decrease of 23.00 Cr..
For EPS in Rs, as of Dec 2025, the value is 8.57. The value appears to be declining and may need further review. It has decreased from 9.65 (Sep 2025) to 8.57, marking a decrease of 1.08.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 6:46 am

Metric	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	0	4,479	5,000	5,773	4,750	6,083	12,447	14,964	16,890	19,465	21,783
Expenses	0	4,073	4,626	5,240	4,169	5,442	10,997	13,081	14,921	17,595	19,771
Operating Profit	0	406	374	533	582	641	1,450	1,883	1,969	1,870	2,012
OPM %		9%	7%	9%	12%	11%	12%	13%	12%	10%	9%
Other Income	0	41	55	62	40	70	147	319	787	359	363
Interest	0	77	62	56	34	47	99	58	73	83	63
Depreciation	0	149	154	162	185	251	347	396	465	492	626
Profit before tax	0	221	214	378	403	412	1,152	1,748	2,218	1,653	1,686
Tax %		21%	27%	34%	22%	26%	14%	24%	22%	36%
Net Profit	0	174	156	251	313	305	991	1,325	1,723	1,054	1,042
EPS in Rs			7.86	12.81	16.31	14.85	39.85	49.48	62.08	34.82	30.90
Dividend Payout %		0%	17%	20%	21%	24%	9%	7%	6%	10%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-10.34%	60.90%	24.70%	-2.56%	224.92%	33.70%	30.04%	-38.83%
Change in YoY Net Profit Growth (%)	0.00%	71.24%	-36.20%	-27.26%	227.47%	-191.21%	-3.67%	-68.87%

Tube Investments of India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2017-2018 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	33%
3 Years:	16%
TTM:	15%

Compounded Profit Growth
10 Years:	%
5 Years:	16%
3 Years:	-4%
TTM:	-25%

Stock Price CAGR
10 Years:	%
5 Years:	35%
3 Years:	6%
1 Year:	-26%

Return on Equity
10 Years:	%
5 Years:	22%
3 Years:	21%
Last Year:	13%

Last Updated: September 5, 2025, 1:50 pm

Balance Sheet

Last Updated: January 7, 2026, 4:34 pm

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	0.11	19	19	19	19	19	19	19	19	19	19
Reserves	-0	1,169	1,254	1,457	1,715	2,152	3,052	3,931	5,080	5,516	7,499
Borrowings	0	851	776	611	414	1,972	871	726	896	703	705
Other Liabilities	0	1,097	1,263	1,263	932	4,892	4,932	5,583	7,109	9,640	12,093
Total Liabilities	0	3,135	3,312	3,349	3,080	9,036	8,874	10,260	13,105	15,879	20,316
Fixed Assets	0	1,306	1,358	1,429	1,515	3,477	3,324	3,588	4,417	5,210	5,967
CWIP	0	34	90	69	58	135	128	191	381	770	763
Investments	0	202	134	132	186	369	542	729	1,370	931	1,389
Other Assets	0	1,593	1,730	1,719	1,321	5,054	4,880	5,752	6,938	8,969	12,197
Total Assets	0	3,135	3,312	3,349	3,080	9,036	8,874	10,260	13,105	15,879	20,316

Below is a detailed analysis of the balance sheet data for Tube Investments of India Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

For Equity Capital, as of Sep 2025, the value is 19.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 19.00 Cr..
For Reserves, as of Sep 2025, the value is 7,499.00 Cr.. The value appears strong and on an upward trend. It has increased from 5,516.00 Cr. (Mar 2025) to 7,499.00 Cr., marking an increase of 1,983.00 Cr..
For Borrowings, as of Sep 2025, the value is 705.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 703.00 Cr. (Mar 2025) to 705.00 Cr., marking an increase of 2.00 Cr..
For Other Liabilities, as of Sep 2025, the value is 12,093.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 9,640.00 Cr. (Mar 2025) to 12,093.00 Cr., marking an increase of 2,453.00 Cr..
For Total Liabilities, as of Sep 2025, the value is 20,316.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 15,879.00 Cr. (Mar 2025) to 20,316.00 Cr., marking an increase of 4,437.00 Cr..
For Fixed Assets, as of Sep 2025, the value is 5,967.00 Cr.. The value appears strong and on an upward trend. It has increased from 5,210.00 Cr. (Mar 2025) to 5,967.00 Cr., marking an increase of 757.00 Cr..
For CWIP, as of Sep 2025, the value is 763.00 Cr.. The value appears to be declining and may need further review. It has decreased from 770.00 Cr. (Mar 2025) to 763.00 Cr., marking a decrease of 7.00 Cr..
For Investments, as of Sep 2025, the value is 1,389.00 Cr.. The value appears strong and on an upward trend. It has increased from 931.00 Cr. (Mar 2025) to 1,389.00 Cr., marking an increase of 458.00 Cr..
For Other Assets, as of Sep 2025, the value is 12,197.00 Cr.. The value appears strong and on an upward trend. It has increased from 8,969.00 Cr. (Mar 2025) to 12,197.00 Cr., marking an increase of 3,228.00 Cr..
For Total Assets, as of Sep 2025, the value is 20,316.00 Cr.. The value appears strong and on an upward trend. It has increased from 15,879.00 Cr. (Mar 2025) to 20,316.00 Cr., marking an increase of 4,437.00 Cr..

Notably, the Reserves (7,499.00 Cr.) exceed the Borrowings (705.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	-0	383	409	493	596	268	896	1,386	675	1,213
Cash from Investing Activity +	0	316	-181	-196	-246	-63	-79	-850	-1,657	-1,615
Cash from Financing Activity +	0	-685	-291	-280	-284	286	-921	-75	645	522
Net Cash Flow	0	14	-63	17	66	491	-104	461	-336	120

Free Cash Flow

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	0.00	-445.00	-402.00	-78.00	168.00	640.00	-870.00	-725.00	-895.00	-702.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	50	51	41	40	77	52	52	59	62
Inventory Days	101	93	84	75	111	58	50	59	63
Days Payable	107	117	96	94	226	103	85	90	89
Cash Conversion Cycle	44	26	29	22	-38	8	17	28	36
Working Capital Days	4	-4	-3	-2	-115	-30	0	10	24
ROCE %	26%	13%	20%	21%	14%	27%	32%	26%	22%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	46.21%	46.13%	46.12%	45.11%	45.11%	45.04%	44.97%	44.11%	44.11%	44.09%	44.09%	44.06%
FIIs	28.92%	29.41%	30.42%	28.83%	28.33%	27.40%	28.38%	28.25%	26.93%	26.31%	25.45%	23.15%
DIIs	11.79%	12.25%	11.47%	14.14%	14.81%	15.50%	14.73%	15.04%	16.12%	16.78%	17.71%	19.68%
Government	0.45%	0.45%	0.45%	0.45%	0.45%	0.45%	0.45%	0.45%	0.45%	0.45%	0.45%	0.45%
Public	12.64%	11.77%	11.55%	11.48%	11.31%	11.60%	11.48%	12.15%	12.40%	12.35%	12.29%	12.67%
No. of Shareholders	83,889	75,343	76,472	79,168	80,778	83,215	87,030	95,152	1,02,308	1,06,311	1,04,102	1,08,615

Shareholding Pattern Chart

No. of Shareholders

Tube Investments of India Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Nippon India Growth Mid Cap Fund	2,500,000	1.4	583.78	2,290,000	2026-02-23 07:11:39	9.17%
Nippon India Small Cap Fund	2,499,222	0.89	583.59	3,267,559	2025-11-02 17:56:35	-23.51%
Franklin India Flexi Cap Fund	950,941	1.14	222.05	802,084	2026-02-23 07:55:22	18.56%
HDFC Multi Cap Fund	577,588	0.7	134.87	N/A	N/A	N/A
Franklin India Mid Cap Fund	541,027	1.03	126.34	N/A	N/A	N/A
Sundaram Mid Cap Fund	463,181	0.84	108.16	914,499	2025-11-02 17:56:35	-49.35%
SBI Energy Opportunities Fund	425,000	1.15	99.24	N/A	N/A	N/A
ICICI Prudential Large & Mid Cap Fund	415,937	0.35	97.13	N/A	N/A	N/A
HSBC Small Cap Fund	344,049	0.53	80.34	N/A	N/A	N/A
SBI Large & Midcap Fund	327,306	0.2	76.43	477,423	2025-12-15 01:44:56	-31.44%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	34.83	62.12	49.50	39.89	15.13
Diluted EPS (Rs.)	34.80	62.04	49.40	39.89	15.10
Cash EPS (Rs.)	79.94	113.17	90.13	69.63	28.84
Book Value[Excl.RevalReserv]/Share (Rs.)	286.08	348.74	256.63	193.12	130.07
Book Value[Incl.RevalReserv]/Share (Rs.)	286.08	348.74	256.63	193.12	130.07
Revenue From Operations / Share (Rs.)	1005.93	873.34	774.97	649.32	315.52
PBDIT / Share (Rs.)	114.74	113.81	105.17	79.96	38.71
PBIT / Share (Rs.)	89.31	89.74	84.67	61.85	25.67
PBT / Share (Rs.)	85.46	87.05	82.89	59.88	21.38
Net Profit / Share (Rs.)	54.50	89.10	69.63	51.53	15.80
NP After MI And SOA / Share (Rs.)	34.82	62.08	49.49	39.86	14.85
PBDIT Margin (%)	11.40	13.03	13.57	12.31	12.26
PBIT Margin (%)	8.87	10.27	10.92	9.52	8.13
PBT Margin (%)	8.49	9.96	10.69	9.22	6.77
Net Profit Margin (%)	5.41	10.20	8.98	7.93	5.00
NP After MI And SOA Margin (%)	3.46	7.10	6.38	6.13	4.70
Return on Networth / Equity (%)	12.17	23.54	24.18	25.03	13.18
Return on Capital Employeed (%)	16.10	20.94	29.38	28.56	14.06
Return On Assets (%)	4.22	9.11	9.32	8.64	3.16
Long Term Debt / Equity (X)	0.01	0.01	0.01	0.11	0.42
Total Debt / Equity (X)	0.08	0.14	0.15	0.26	0.61
Asset Turnover Ratio (%)	1.34	1.44	1.56	0.94	1.21
Current Ratio (X)	1.80	1.62	1.27	0.97	0.81
Quick Ratio (X)	1.38	1.25	0.98	0.69	0.61
Inventory Turnover Ratio (X)	9.70	6.66	6.86	4.51	4.56
Dividend Payout Ratio (NP) (%)	10.05	5.63	7.07	8.78	0.00
Dividend Payout Ratio (CP) (%)	5.80	4.06	4.99	6.03	0.00
Earning Retention Ratio (%)	89.95	94.37	92.93	91.22	0.00
Cash Earning Retention Ratio (%)	94.20	95.94	95.01	93.97	0.00
Interest Coverage Ratio (X)	34.99	42.12	47.83	26.47	18.25
Interest Coverage Ratio (Post Tax) (X)	17.79	23.72	28.55	17.72	9.47
Enterprise Value (Cr.)	56572.45	73321.11	49805.05	32137.01	24060.64
EV / Net Operating Revenue (X)	2.91	4.34	3.33	2.57	3.96
EV / EBITDA (X)	25.48	33.31	24.52	20.84	32.24
MarketCap / Net Operating Revenue (X)	2.75	4.27	3.28	2.50	3.78
Retention Ratios (%)	89.94	94.36	92.92	91.21	0.00
Price / BV (X)	9.69	14.15	12.43	10.18	10.58
Price / Net Operating Revenue (X)	2.75	4.27	3.28	2.50	3.78
EarningsYield	0.01	0.01	0.01	0.02	0.01

After reviewing the key financial ratios for Tube Investments of India Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
For Basic EPS (Rs.), as of Mar 25, the value is 34.83. This value is within the healthy range. It has decreased from 62.12 (Mar 24) to 34.83, marking a decrease of 27.29.
For Diluted EPS (Rs.), as of Mar 25, the value is 34.80. This value is within the healthy range. It has decreased from 62.04 (Mar 24) to 34.80, marking a decrease of 27.24.
For Cash EPS (Rs.), as of Mar 25, the value is 79.94. This value is within the healthy range. It has decreased from 113.17 (Mar 24) to 79.94, marking a decrease of 33.23.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 286.08. It has decreased from 348.74 (Mar 24) to 286.08, marking a decrease of 62.66.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 286.08. It has decreased from 348.74 (Mar 24) to 286.08, marking a decrease of 62.66.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 1,005.93. It has increased from 873.34 (Mar 24) to 1,005.93, marking an increase of 132.59.
For PBDIT / Share (Rs.), as of Mar 25, the value is 114.74. This value is within the healthy range. It has increased from 113.81 (Mar 24) to 114.74, marking an increase of 0.93.
For PBIT / Share (Rs.), as of Mar 25, the value is 89.31. This value is within the healthy range. It has decreased from 89.74 (Mar 24) to 89.31, marking a decrease of 0.43.
For PBT / Share (Rs.), as of Mar 25, the value is 85.46. This value is within the healthy range. It has decreased from 87.05 (Mar 24) to 85.46, marking a decrease of 1.59.
For Net Profit / Share (Rs.), as of Mar 25, the value is 54.50. This value is within the healthy range. It has decreased from 89.10 (Mar 24) to 54.50, marking a decrease of 34.60.
For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 34.82. This value is within the healthy range. It has decreased from 62.08 (Mar 24) to 34.82, marking a decrease of 27.26.
For PBDIT Margin (%), as of Mar 25, the value is 11.40. This value is within the healthy range. It has decreased from 13.03 (Mar 24) to 11.40, marking a decrease of 1.63.
For PBIT Margin (%), as of Mar 25, the value is 8.87. This value is below the healthy minimum of 10. It has decreased from 10.27 (Mar 24) to 8.87, marking a decrease of 1.40.
For PBT Margin (%), as of Mar 25, the value is 8.49. This value is below the healthy minimum of 10. It has decreased from 9.96 (Mar 24) to 8.49, marking a decrease of 1.47.
For Net Profit Margin (%), as of Mar 25, the value is 5.41. This value is within the healthy range. It has decreased from 10.20 (Mar 24) to 5.41, marking a decrease of 4.79.
For NP After MI And SOA Margin (%), as of Mar 25, the value is 3.46. This value is below the healthy minimum of 8. It has decreased from 7.10 (Mar 24) to 3.46, marking a decrease of 3.64.
For Return on Networth / Equity (%), as of Mar 25, the value is 12.17. This value is below the healthy minimum of 15. It has decreased from 23.54 (Mar 24) to 12.17, marking a decrease of 11.37.
For Return on Capital Employeed (%), as of Mar 25, the value is 16.10. This value is within the healthy range. It has decreased from 20.94 (Mar 24) to 16.10, marking a decrease of 4.84.
For Return On Assets (%), as of Mar 25, the value is 4.22. This value is below the healthy minimum of 5. It has decreased from 9.11 (Mar 24) to 4.22, marking a decrease of 4.89.
For Long Term Debt / Equity (X), as of Mar 25, the value is 0.01. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.01.
For Total Debt / Equity (X), as of Mar 25, the value is 0.08. This value is within the healthy range. It has decreased from 0.14 (Mar 24) to 0.08, marking a decrease of 0.06.
For Asset Turnover Ratio (%), as of Mar 25, the value is 1.34. It has decreased from 1.44 (Mar 24) to 1.34, marking a decrease of 0.10.
For Current Ratio (X), as of Mar 25, the value is 1.80. This value is within the healthy range. It has increased from 1.62 (Mar 24) to 1.80, marking an increase of 0.18.
For Quick Ratio (X), as of Mar 25, the value is 1.38. This value is within the healthy range. It has increased from 1.25 (Mar 24) to 1.38, marking an increase of 0.13.
For Inventory Turnover Ratio (X), as of Mar 25, the value is 9.70. This value exceeds the healthy maximum of 8. It has increased from 6.66 (Mar 24) to 9.70, marking an increase of 3.04.
For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 10.05. This value is below the healthy minimum of 20. It has increased from 5.63 (Mar 24) to 10.05, marking an increase of 4.42.
For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 5.80. This value is below the healthy minimum of 20. It has increased from 4.06 (Mar 24) to 5.80, marking an increase of 1.74.
For Earning Retention Ratio (%), as of Mar 25, the value is 89.95. This value exceeds the healthy maximum of 70. It has decreased from 94.37 (Mar 24) to 89.95, marking a decrease of 4.42.
For Cash Earning Retention Ratio (%), as of Mar 25, the value is 94.20. This value exceeds the healthy maximum of 70. It has decreased from 95.94 (Mar 24) to 94.20, marking a decrease of 1.74.
For Interest Coverage Ratio (X), as of Mar 25, the value is 34.99. This value is within the healthy range. It has decreased from 42.12 (Mar 24) to 34.99, marking a decrease of 7.13.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 17.79. This value is within the healthy range. It has decreased from 23.72 (Mar 24) to 17.79, marking a decrease of 5.93.
For Enterprise Value (Cr.), as of Mar 25, the value is 56,572.45. It has decreased from 73,321.11 (Mar 24) to 56,572.45, marking a decrease of 16,748.66.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 2.91. This value is within the healthy range. It has decreased from 4.34 (Mar 24) to 2.91, marking a decrease of 1.43.
For EV / EBITDA (X), as of Mar 25, the value is 25.48. This value exceeds the healthy maximum of 15. It has decreased from 33.31 (Mar 24) to 25.48, marking a decrease of 7.83.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 2.75. This value is within the healthy range. It has decreased from 4.27 (Mar 24) to 2.75, marking a decrease of 1.52.
For Retention Ratios (%), as of Mar 25, the value is 89.94. This value exceeds the healthy maximum of 70. It has decreased from 94.36 (Mar 24) to 89.94, marking a decrease of 4.42.
For Price / BV (X), as of Mar 25, the value is 9.69. This value exceeds the healthy maximum of 3. It has decreased from 14.15 (Mar 24) to 9.69, marking a decrease of 4.46.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 2.75. This value is within the healthy range. It has decreased from 4.27 (Mar 24) to 2.75, marking a decrease of 1.52.
For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Tube Investments of India Ltd as of March 17, 2026 is: ₹3,023.61

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 17, 2026, Tube Investments of India Ltd is Undervalued by 24.84% compared to the current share price ₹2,422.00

Intrinsic Value of Tube Investments of India Ltd as of March 17, 2026 is: ₹2,873.64

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 17, 2026, Tube Investments of India Ltd is Undervalued by 18.65% compared to the current share price ₹2,422.00

Last 5 Year EPS CAGR: -4.96%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 20.10%, which is a positive sign. The stock has a low average Working Capital Days of -11.60, which is a positive sign. The company has higher reserves (2,984.09 cr) compared to borrowings (775.00 cr), indicating strong financial stability. The company has shown consistent growth in sales (9.64 cr) and profit (148.55 cr) over the years.	The stock has a high average Cash Conversion Cycle of 17.20, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Tube Investments of India Ltd:
1. Net Profit Margin: 5.41%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 16.1% (Industry Average ROCE: 21.8%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 12.17% (Industry Average ROE: 12.8%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 17.79
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.38
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 75.8 (Industry average Stock P/E: 75.8)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.08
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Tube Investments of India Ltd. is a Public Limited Listed company incorporated on 06/10/2008 and has its registered office in the State of Tamil Nadu, India. Company's Corporate Identification Number(CIN) is L35100TN2008PLC069496 and registration number is 069496. Currently Company is involved in the business activities of Casting of iron and steel. Company's Total Operating Revenue is Rs. 7892.53 Cr. and Equity Capital is Rs. 19.35 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Cycles & Accessories	Chola Crest, C54-55 & Super B-4, Thiru-Vi-Ka Industrial Estate, Chennai (Madras) Tamil Nadu 600032	Contact not found

Management
Name	Position Held
Mr. M A M Arunachalam	Executive Chairman
Mr. Vellayan Subbiah	Executive Vice Chairman
Mr. Mukesh Ahuja	Managing Director
Mr. V S Radhakrishnan	Independent Director
Mr. Anand Kumar	Independent Director
Mr. Tejpreet Singh Chopra	Independent Director
Ms. Sasikala Varadachari	Independent Director
Ms. Shelina Pranav Parikh	Independent Director

FAQ

What is the intrinsic value of Tube Investments of India Ltd?

Tube Investments of India Ltd's intrinsic value (as of 17 March 2026) is ₹2873.64 which is 18.65% higher the current market price of ₹2,422.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹46,882 Cr. market cap, FY2025-2026 high/low of ₹3,420/2,165, reserves of ₹7,499 Cr, and liabilities of ₹20,316 Cr.

What is the Market Cap of Tube Investments of India Ltd?

The Market Cap of Tube Investments of India Ltd is 46,882 Cr..

What is the current Stock Price of Tube Investments of India Ltd as on 17 March 2026?

The current stock price of Tube Investments of India Ltd as on 17 March 2026 is ₹2,422.

What is the High / Low of Tube Investments of India Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Tube Investments of India Ltd stocks is ₹3,420/2,165.

What is the Stock P/E of Tube Investments of India Ltd?

The Stock P/E of Tube Investments of India Ltd is 75.8.

What is the Book Value of Tube Investments of India Ltd?

The Book Value of Tube Investments of India Ltd is 389.

What is the Dividend Yield of Tube Investments of India Ltd?

The Dividend Yield of Tube Investments of India Ltd is 0.14 %.

What is the ROCE of Tube Investments of India Ltd?

The ROCE of Tube Investments of India Ltd is 21.8 %.

What is the ROE of Tube Investments of India Ltd?

The ROE of Tube Investments of India Ltd is 12.8 %.

What is the Face Value of Tube Investments of India Ltd?

The Face Value of Tube Investments of India Ltd is 1.00.