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Fundamentals for Tube Investments of India Limited
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Fundamentals for Tube Investments of India Limited
Business Operations:
Sector: IndustrialsIndustry: Conglomerates
Tube Investments of India Limited, together with its subsidiaries, engages in the manufacture and sale of precision engineered and metal formed products to automotive, railway, construction, agriculture, etc. in India. The company operates through eight segments: Engineering, Metal Formed Products, Mobility, Gear and Gear Products, Power Systems, Industrial Systems, Electric Vehicle, and Medical. The Engineering segment offers cold rolled steel strips, precision steel tubes, cold drawn welded tubes, electric resistance welded tubes, and tubular components. The Metal Formed Products segments provides automotive chains, fine blanked and stamped products, roll-formed car doorframes, and cold rolled formed sections. The Mobility segment offers standard bicycles; special bicycles, including alloy bikes; specialty performance bikes; fitness equipment; and electric bicycles, as well as cycling accessories and spare parts. The Gear and Gear Products segment provides gears, gear boxes, gear motors, and gear assemblies. The Power Systems segment offers transformers and switchgears, as well as engages automation and turnkey projects. The Industrial Systems segment provides electric motors, alternators, drives, and traction electronics, as well as SCADA solutions. The Electric Vehicle segment offers electric three-wheelers, tractors, and commercial vehicles. The Medical segment is involved in the provision of medical consumables; and contract development and manufacturing operations of active pharmaceutical ingredients. It also offers industrial chains, optic lens, TMT bars and TI machine building solutions. The company was founded in 1900 and is based in Chennai, India.
Revenue projections:
With TIINDIA's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.
Financial Ratios:
| currentRatio | 1.785000 |
|---|---|
| forwardPE | 45.616783 |
| debtToEquity | 27.724000 |
| earningsGrowth | -0.097000 |
| revenueGrowth | 0.125000 |
| grossMargins | 0.316710 |
| operatingMargins | 0.072810 |
| trailingEps | 32.250000 |
| forwardEps | 48.830000 |
Tube Investments of India Limited's current ratio of 1.785 shows that the company has ample resources to service its short-term debt. This indicates a solid financial position, as Tube Investments of India Limited can rely on its cash reserves and current assets to cover its immediate liabilities without strain.
Tube Investments of India Limited's low Debt-to-Equity ratio highlights its minimal reliance on debt, showing that the company is not over-leveraged. This contributes to lower financial risk and greater stability, giving Tube Investments of India Limited a stronger position in managing its financial obligations.
Tube Investments of India Limited's low earnings and revenue growth indicate potential profit shrinkage. This suggests that the company's financial performance may be weakening, raising concerns about its future profitability and overall business outlook.
TIINDIA's negative gross and operating margins suggest the company is not generating profit from either its production process or day-to-day operations. This could signal cost overruns or difficulties in maintaining revenue levels.
TIINDIA's forward EPS exceeding its trailing EPS means that the company is expected to increase profitability in the current financial year. This reflects improved earnings potential, signaling that TIINDIA is likely to outperform its previous year's financial performance.
Price projections:
The current price of TIINDIA, relative to its projections, shows no clear risks or opportunities. This neutral assessment may encourage investors to take a cautious approach, awaiting further developments before making substantial changes.
Recommendation changes over time:
Analysts' recent buy bias toward TIINDIA suggests the stock is gaining favor as a strong investment choice. This optimism could drive more investors to see TIINDIA as a smart place to invest, further bolstering confidence in the company's long-term growth and potential returns.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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