Tube Investments of India Limited (TIINDIA) AI Stock Analysis

• Market Cap: ₹451.58B
• Dividend Yield: 0.13%
• Average Volume (3M): 11.14K
• Price to Earnings (P/E): 72.2
• Beta (1Y): 1.16
• Revenue Growth: 14.32%
• EPS Growth: -45.74%
• Country: IN
• Employees: 3,233
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Parts
• EPS (TTM): 9.60
• Shares Outstanding: 193,508,850
• 10 Day Avg. Volume: 6,793
• 30 Day Avg. Volume: 11,142
• PEG Ratio: 178.99
• Price to Book (P/B): 9.42
• Price to Sales (P/S): 2.76
• P/FCF Ratio: 113.39K
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 59 Neutral
• Price Target: ₹2,439.00 ▼(-3.55% Downside)

The overall stock score is primarily influenced by strong financial performance, which is offset by bearish technical indicators and a high valuation. The lack of earnings call data and corporate events means these factors do not impact the score.

Positive Factors

Revenue and Margin Strength

Sustained revenue growth combined with higher gross and healthy net margins indicates the company is improving pricing or cost control across core businesses. That durable operating leverage supports long‑term profitability and cash generation even through modest demand cycles.

Balance Sheet Strength

A moderate leverage profile and robust return on equity provide financial flexibility to fund capex, invest in capacity, and withstand cyclical downturns. This stable capital structure supports long‑term strategic initiatives without excessive refinancing risk.

Operating Cash Generation

Conversion to positive free cash flow and solid operating cash flow relative to net income reflect improving cash generation from operations. Durable cash generation enables reinvestment, working capital coverage and gradual deleveraging or shareholder returns over multiple quarters.

Negative Factors

Low Cash Conversion Efficiency

Despite positive free cash flow, weak FCF-to-income conversion signals earnings are not fully translating into usable cash, likely due to working capital or capex demands. Persistently low conversion can constrain investment, dividends and balance sheet resilience long term.

Earnings Per Share Contraction

A large decline in EPS indicates pressure on per‑share earnings that may reflect margin volatility, one‑offs, higher interest or dilution. If this trend persists it undermines shareholder returns and suggests earnings quality or capital allocation need attention over coming quarters.

Raw Material and End‑Market Cyclicality

Heavy exposure to steel prices and OEM demand cycles makes margins and volumes vulnerable to commodity swings and automotive cyclicality. Reliance on OEM program wins and utilization leaves earnings sensitive to industry downturns and prolonged commodity cost inflation.

Tube Investments of India Limited Business Overview & Revenue Model

Company Description

Tube Investments of India Limited manufactures and sells cycles and accessories, steel strips and tubes, and metal formed products in India. It operates through three segments: Cycles and Accessories, Engineering, and Metal Formed Products. The Cycles and Accessories segment offers standard bi-cycles; special bi-cycles, such as alloy bikes; specialty performance bikes; and fitness equipment. It serves customers in the group of kids, adolescent boys and girls, urban adults, and performance cyclists. The Engineering segment manufactures and supplies cold drawn welded tubes, electric resistance welded tubes, and tubular components for automobile applications; large diameter tubes for hydraulic cylinders and off-road applications; and special grade cold rolled steel strips. The Metal Formed Products segment manufactures and supplies sheet metal formed products, industrial chains, fine blanked components, motor casings and agri-blades for the automotive, industrial, railway, and agriculture segments; and roll-formed car doorframes and cold rolled formed sections for railway wagons and passenger coaches. The company also provides power generation and distribution solutions. In addition, the company operates Track & Trail Urban, Track & Trail Sport, and BSA Hercules Rural outlets, as well as trackandtrail.in. The company also exports its bicycles, tubes, and industrial chains to other countries in Asia, Europe, and the Americas. Tube Investments of India Limited was incorporated in 2008 and is based in Chennai, India.

How the Company Makes Money

TIINDIA generates revenue through multiple key streams, including the manufacturing and sale of precision tubes, automotive components, and bicycles. The engineering segment contributes significantly to its earnings by providing specialized products and services for various industries such as automotive, aerospace, and infrastructure. Additionally, the company's bicycle division capitalizes on the growing demand for sustainable transportation solutions, offering a range of bicycles and accessories. TIINDIA also benefits from strategic partnerships and collaborations with global players in the automotive sector, enhancing its product offerings and market reach. The company’s focus on innovation and expansion into new markets further supports its revenue growth.

Tube Investments of India Limited Financial Statement Overview

Summary

Tube Investments of India Limited exhibits strong financial performance with robust revenue and profit growth, efficient cost management, and effective capital utilization. The balance sheet is solid with reasonable leverage, though cash flow management shows room for improvement in cash conversion efficiency.

Income Statement

Tube Investments of India Limited has demonstrated strong revenue growth with a notable increase in total revenue from 2024 to 2025. The gross profit margin improved significantly from the previous year, reflecting effective cost management. The net profit margin is healthy, contributing to overall profitability. EBIT and EBITDA margins have shown positive trends, indicating operational efficiency.

Balance Sheet

The company maintains a solid balance sheet structure with a moderate debt-to-equity ratio, indicating a manageable level of leverage. The return on equity is robust, showcasing effective utilization of shareholder funds to generate profits. The equity ratio suggests a stable capital structure with a substantial portion of assets funded by equity.

Cash Flow

The cash flow statement indicates improved operating cash flow, supporting the company's ability to generate cash from its core operations. The free cash flow has transitioned from negative to positive, although the free cash flow to net income ratio remains low, suggesting limited cash conversion efficiency. However, the operating cash flow to net income ratio is strong, reflecting good cash-generating capacity relative to reported earnings.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	196.59B	189.22B	163.42B	144.38B	119.96B	58.38B
Gross Profit	61.65B	59.37B	51.32B	44.18B	35.54B	20.96B
EBITDA	19.17B	19.30B	19.24B	18.83B	14.44B	6.28B
Net Income	6.46B	6.74B	12.06B	9.56B	7.69B	2.75B
Balance Sheet
Total Assets	0.00	159.64B	131.79B	102.52B	88.88B	90.47B
Cash, Cash Equivalents and Short-Term Investments	29.02B	29.35B	26.43B	18.03B	7.68B	9.38B
Total Debt	0.00	30.97B	21.04B	11.26B	8.71B	19.72B
Total Liabilities	-76.92B	82.72B	64.35B	52.96B	51.63B	65.39B
Stockholders Equity	76.92B	55.36B	51.00B	39.51B	30.71B	23.12B
Cash Flow
Free Cash Flow	0.00	4.60M	-1.76B	9.70B	6.29B	1.18B
Operating Cash Flow	0.00	12.13B	6.75B	13.86B	8.77B	2.68B
Investing Cash Flow	0.00	-16.15B	-16.58B	-8.71B	-787.00M	-3.45B
Financing Cash Flow	0.00	5.22B	6.45B	-746.80M	-9.21B	3.04B

Tube Investments of India Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2528.85
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TIINDIA, the sentiment is Negative. The current price of 2528.85 is above the 20-day moving average (MA) of 2363.21, below the 50-day MA of 2555.29, and below the 200-day MA of 2897.84, indicating a bearish trend. The MACD of -88.78 indicates Negative momentum. The RSI at 41.44 is Neutral, neither overbought nor oversold. The STOCH value of 62.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:TIINDIA.

Tube Investments of India Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MRF	68 Neutral	₹560.54B	30.24	―	0.15%	9.56%	-4.82%
APOLLOTYRE	64 Neutral	₹312.50B	39.42	―	0.98%	4.36%	-45.33%
JBMA	64 Neutral	₹133.19B	63.16	―	0.15%	7.63%	11.25%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
TIINDIA	59 Neutral	₹451.58B	72.17	―	0.13%	14.32%	-45.74%
ENDURANCE	59 Neutral	₹341.52B	38.67	―	0.38%	15.84%	14.80%
EXIDEIND	58 Neutral	₹273.27B	33.09	―	0.54%	2.19%	-5.70%

Tube Investments of India Limited Corporate Events

Tube Investments Gains Approval for Promoter Group Reclassification

Tube Investments of India Limited announced that it has received a ‘No-objection’ approval from the National Stock Exchange of India and BSE Limited for the reclassification of Yanmar Coromandel Agrisolutions Private Limited from the ‘Promoter and Promoter Group Category’ to the ‘Public Category’. This reclassification is in accordance with Regulation 31A of SEBI’s Listing Obligations and Disclosure Requirements. This move could potentially impact the company’s shareholding structure and market perception, aligning with regulatory compliance and possibly affecting stakeholder interests.

Tube Investments of India Limited Receives ESG Rating of 70

Tube Investments of India Limited has received an ESG rating of 70 from SES ESG Research Pvt. Ltd., a SEBI registered ESG Rating Provider. This rating, based on publicly disclosed information for the fiscal year 2024-25, reflects the company’s commitment to environmental, social, and governance standards, potentially enhancing its reputation and attractiveness to investors focused on sustainability.

Tube Investments Releases Q2 FY2026 Earnings Call Transcript

Tube Investments of India Limited announced the release of the transcript from its Q2 FY2026 earnings conference call held on November 5, 2025. This release is part of the company’s commitment to transparency and compliance with SEBI regulations, providing stakeholders with insights into its financial performance and strategic direction.