Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Tube Investments of India Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 3,778 | 3,898 | 4,306 | 4,197 | 4,490 | 4,578 | 4,925 | 4,812 | 5,150 | 5,309 | 5,523 | 5,801 | 6,215 |
| Expenses + | 3,288 | 3,431 | 3,744 | 3,728 | 4,039 | 4,047 | 4,434 | 4,321 | 4,813 | 4,763 | 4,978 | 5,216 | 5,632 |
| Operating Profit | 489 | 467 | 562 | 469 | 451 | 531 | 490 | 491 | 337 | 546 | 544 | 585 | 583 |
| OPM % | 13% | 12% | 13% | 11% | 10% | 12% | 10% | 10% | 7% | 10% | 10% | 10% | 9% |
| Other Income + | 188 | 42 | 59 | 609 | 77 | 62 | 71 | 77 | 150 | 72 | 93 | 49 | 108 |
| Interest | 11 | 11 | 13 | 13 | 15 | 16 | 16 | 15 | 16 | 17 | 14 | 15 | 16 |
| Depreciation | 124 | 108 | 112 | 119 | 115 | 110 | 119 | 127 | 137 | 152 | 164 | 173 | 175 |
| Profit before tax | 542 | 390 | 496 | 946 | 398 | 467 | 426 | 426 | 334 | 449 | 459 | 445 | 500 |
| Tax % | 12% | 27% | 30% | 12% | 31% | 32% | 30% | 34% | 53% | 32% | 34% | 37% | 53% |
| Net Profit + | 477 | 284 | 346 | 828 | 274 | 317 | 299 | 280 | 158 | 303 | 302 | 279 | 234 |
| EPS in Rs | 16.14 | 11.14 | 13.77 | 27.58 | 9.88 | 11.73 | 10.69 | 10.01 | 2.40 | 10.28 | 9.65 | 8.57 | 4.41 |
Financials of Tube Investments of India Ltd
Annual income statement trend
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 0 | 4,479 | 5,000 | 5,773 | 4,750 | 6,083 | 12,447 | 14,964 | 16,890 | 19,465 | 22,847 |
| Expenses + | 0 | 4,073 | 4,626 | 5,240 | 4,169 | 5,443 | 10,997 | 13,081 | 14,921 | 17,595 | 20,590 |
| Operating Profit | 0 | 406 | 374 | 533 | 582 | 641 | 1,450 | 1,883 | 1,969 | 1,870 | 2,258 |
| OPM % | 9% | 7% | 9% | 12% | 11% | 12% | 13% | 12% | 10% | 10% | |
| Other Income + | 0 | 41 | 55 | 62 | 40 | 26 | 147 | 319 | 787 | 359 | 321 |
| Interest | 0 | 77 | 62 | 56 | 34 | 52 | 99 | 58 | 73 | 83 | 62 |
| Depreciation | 0 | 149 | 154 | 162 | 185 | 251 | 347 | 396 | 454 | 492 | 664 |
| Profit before tax | 0 | 221 | 214 | 378 | 403 | 365 | 1,152 | 1,748 | 2,230 | 1,653 | 1,852 |
| Tax % | 21% | 27% | 34% | 22% | 22% | 14% | 24% | 22% | 36% | 40% | |
| Net Profit + | 0 | 174 | 156 | 251 | 313 | 286 | 991 | 1,325 | 1,733 | 1,054 | 1,118 |
| EPS in Rs | 7.86 | 12.81 | 16.31 | 14.28 | 39.85 | 49.48 | 62.35 | 34.82 | 32.90 | ||
| Dividend Payout % | 0% | 17% | 20% | 21% | 25% | 9% | 7% | 6% | 10% | 11% |
Financials of Tube Investments of India Ltd
Capital structure and asset base
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.11 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
| Reserves | -0 | 1,169 | 1,254 | 1,457 | 1,715 | 2,293 | 3,052 | 3,931 | 5,086 | 5,516 | 7,732 |
| Borrowings + | 0 | 851 | 776 | 611 | 414 | 1,972 | 871 | 726 | 896 | 703 | 754 |
| Other Liabilities + | 0 | 1,097 | 1,263 | 1,263 | 932 | 4,349 | 4,932 | 5,583 | 7,082 | 9,640 | 12,981 |
| Total Liabilities | 0 | 3,135 | 3,312 | 3,349 | 3,080 | 8,634 | 8,874 | 10,260 | 13,084 | 15,879 | 21,487 |
| Fixed Assets + | 0 | 1,306 | 1,358 | 1,429 | 1,515 | 3,426 | 3,324 | 3,588 | 4,393 | 5,210 | 6,321 |
| CWIP | 0 | 34 | 90 | 69 | 58 | 152 | 128 | 191 | 381 | 770 | 806 |
| Investments | 0 | 202 | 134 | 132 | 186 | 369 | 542 | 729 | 1,370 | 931 | 1,024 |
| Other Assets + | 0 | 1,593 | 1,730 | 1,719 | 1,321 | 4,687 | 4,880 | 5,752 | 6,940 | 8,969 | 13,336 |
| Total Assets | 0 | 3,135 | 3,312 | 3,349 | 3,080 | 8,634 | 8,874 | 10,260 | 13,084 | 15,879 | 21,487 |
Financials of Tube Investments of India Ltd
Operating, investing and financing cash movement
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -0 | 383 | 409 | 493 | 596 | 257 | 896 | 1,386 | 1,306 | 1,213 | 1,161 |
| Cash from Investing Activity + | 0 | 316 | -181 | -196 | -246 | -80 | -79 | -850 | -2,288 | -1,615 | -3,953 |
| Cash from Financing Activity + | 0 | -685 | -291 | -280 | -284 | 304 | -921 | -75 | 646 | 522 | 2,668 |
| Net Cash Flow | 0 | 14 | -63 | 17 | 66 | 481 | -104 | 461 | -336 | 120 | -124 |
| Free Cash Flow | -0 | 227 | 182 | 310 | 377 | 112 | 658 | 983 | 483 | 7 | -266 |
| CFO/OP | 104% | 128% | 115% | 123% | 56% | 70% | 87% | 80% | 90% | 86% |
Financials of Tube Investments of India Ltd
Working capital efficiency and return ratios
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 50 | 51 | 41 | 40 | 74 | 52 | 52 | 59 | 62 | 70 | |
| Inventory Days | 101 | 93 | 84 | 75 | 111 | 58 | 50 | 59 | 63 | 70 | |
| Days Payable | 107 | 117 | 96 | 94 | 224 | 103 | 85 | 90 | 89 | 98 | |
| Cash Conversion Cycle | 44 | 26 | 29 | 22 | -38 | 8 | 17 | 28 | 36 | 41 | |
| Working Capital Days | 4 | -4 | -3 | -2 | -88 | -30 | 0 | 10 | 24 | 67 | |
| ROCE % | 26% | 13% | 20% | 21% | 13% | 26% | 32% | 26% | 22% | 17% |