Tube Investments Of India Limited · NSE:TIINDIA
Tube Investments Of India — Q3 FY2025-26 Earnings Presentation
58 slides from Tube Investments Of India's earnings presentation, February 2026
Slide 1: Tube Investments of India Limited Corporate Presentation Q3 FY 2025-26
TUBE INVESTMENTS OF INDIA LIMITED Corporate Presentation Q3 FY 2025-26
Slide 2: Disclaimer
Disclaimer Certain statements made in this presentation may not be based on historical information or facts and may be “forward looking statements,” including those relating to general business plans and strategy of Murugappa Group and Group Companies, future outlook and growth prospects, and future
Slide 3: Group Overview
Group Overview |
Slide 4: Group Companies – Listed & Unlisted
Group Companies – Listed & Unlisted Agriculture Engineering CG Power Financial Services TI Clean Electric Mobility Pvt Ltd IPL Tech Jayem Vehicles Others
Slide 5: The Philosophy We Cherish
The Philosophy We Cherish @ G roup “The fundamental principle of economic activity is that Philosophy | 37203°°°3".. - An excerpt from
Slide 6: About TII
About TII
Slide 7: TII in Nutshell
TII in Nutshell o Largest manufacturer of cold drawn welded steel tubes in India Tube Products of India TI Cycles of India Industrial Chains o Market leader of transmission chains (TPI) (TICI) (IC) in India & 2nd largest manufacturer of cycles transmission chains in India o 35+ Manufacturing locatio
Slide 8: Market Capitalisation
Market Capitalisation ₹ Crores CAGR +44% 72,267 53,585 50,585 49,173 31,258 22,984 4,171 7,189 5,148 Mar’18 Mar’19 Mar’20 Mar’21 Mar’22 Mar’23 Mar’24 Mar’25 Dec’25 Period Mar’18 Mar’19 Mar’20 Mar’21 Mar’22 Mar’23 Mar’24 Mar’25 Dec’25 Share Price as ₹222 ₹383 ₹274 ₹1,192 ₹1,620 ₹2,547 ₹3,737 ₹2,769 ₹
Slide 9: Shareholding Pattern
Shareholding Pattern As of 31st December 2025 Others 13% Promoter & 44% Promoter Group Domestic Institutions 23% 20% FII Promoter Shareholding of 44% includes Ambadi Investment Limited 36% and Others 8%
Slide 10: TII Yearly Performance Trends
TII Yearly Performance Trends ₹ Crores Revenue from operations (net of intersegment) Profit Before Tax (before exceptional items & FV Gain) 7,236 7,611 7,893 928 970 975 6,359 6,278 738 628 FY22 FY23 FY24 FY25 YTD FY26 FY22 FY23 FY24 FY25 YTD FY26 FCF & FCF/PAT% (before FV Gain) ROIC% (pre-tax) (bef
Slide 11: TII Standalone Performance
TII Standalone Performance ₹ Crores Revenue PBT & PBT%(before exceptional items & FV Gain) 12% 12% 11% 11% 5,935 6,278 648 738 1,910 2,152 212 268 Q3 FY 25 Q3 FY 26 YTD FY 25 YTD FY 26 Q3 FY 25 Q3 FY 26 YTD FY 25 YTD FY 26 FCF & FCF/PAT% (before FV Gain) ROIC% (pre-tax) (before exceptional items & F
Slide 12: Business Segments
Business Segments Metal Formed Products TI Metal Forming is pioneer in Sheet Metal Formed Products, Fine Blanked Components, Engineering Business Industrial Chains, Motor Casings, etc. Tube Products of India (TPI) - Most preferred supplier of precision tubes, ERW and CDW to major automotive companie
Slide 13: Engineering Division
Engineering Division
Slide 14: Engineering
Engineering ❑ One of the World’s Largest manufacturer of Cold Drawn Welded Precision Tubes ❑ One of the leading precision tube manufacturer for the automotive Engineering industries Division ❑ Specially designed tubes for the hydraulic and pneumatic applications ❑ Precisely develop products based on
Slide 15: Key Strengths, Products & Manufacturing Locations
Key Strengths, Products & Manufacturing Locations Products Key Strengths • Market leader and preferred Indian supplier in CDW Tubes. Electric Resistant Cold Drawn • Major manufacturer with the Welded Tubes engineering expertise to offer Welded Tubes Strengths Products customized, application specifi
Slide 16: Awards
Awards TPI Receives Localization excellence Award from BorgWarner
Slide 17: First Dispatch from Phaltan Plant
First Dispatch from Phaltan Plant
Slide 18: Engineering Division Performance
Engineering Division Performance ₹ Crores Revenue PBIT & PBIT% 13% 14% 13% 12% 3,800 4,117 475 513 1,212 1,438 156 196 Q3 FY 25 Q3 FY 26 YTD FY 25 YTD FY 26 Q3 FY 25 Q3 FY 26 YTD FY 25 YTD FY 26 FCF ROCE% 183 51 51 47 46 109 77 54 Q3 FY 25 Q3 FY 26 YTD FY 25 YTD FY 26 Q3 FY 25 Q3 FY 26 YTD FY 25 YTD
Slide 19: Metal Formed Products
—_ NEUNGS. — Metal Formed Products
Slide 20: Metal Formed Products
Metal Formed Products ❑ Specialized in manufacturing Cold roll formed sections and components ❑ Preferred supplier of Auto OEMs in various segments. Leader in manufacturing of car doorframes in India, servicing major OEMs in India. ❑ Has diversified product segments like Auto components (Chains, Kit
Slide 21: Key Strengths, Products & Manufacturing Locations
Key Strengths, Products & Manufacturing Locations Products Key Strengths • Market leader in automotive drive and cam chains. • Preferred supplier for roll formed car Auto Kits (Rombo Auto Chains & Diamond Brand) doorframes in India. Strengths Products • Capability to offer just-in-time service and l
Slide 22: Products
Products Door Frames Side Impact Beams Divisional Channels Cowl Cross Beam Cam Chains After Market Brands Railways Fine Blanked Products
Slide 23: Customer visit & Recognition
Customer visit & Recognition • Hyundai Chennai Safety performance (TIMF-TNR) score has been improved from Gold(9.25) • Best partnership award from KIA Motors for FY 2025. to Platinum(9.9) out of 10 for the year 2025.
Slide 24: Metal Formed Products Division Performance
Metal Formed Products Division Performance ₹ Crores Revenue PBIT & PBIT% 11% 11% 1,162 1,182 10% 10% 400 408 122 127 40 46 Q3 FY 25 Q3 FY 26 YTD FY 25 YTD FY 26 Q3 FY 25 Q3 FY 26 YTD FY 25 YTD FY 26 FCF ROCE% 113 67 47 52 46 46 45 10 Q3 FY 25 Q3 FY 26 YTD FY 25 YTD FY 26 Q3 FY 25 Q3 FY 26 YTD FY 25
Slide 25: Mobility Division
Mobility Division
Slide 26: Bicycles Business
Bicycles Business ❑ Manufactures a wide range of Bicycles and accessories from Standard to Premium bicycles, including Performance bicycles for the fitness and adventure space o Special bicycles catering to all ages and customer profiles: kids, adolescent boys & girls, urban adults and performance c
Slide 27: Key Strengths, Products & Manufacturing Locations
Key Strengths, Products & Manufacturing Locations Key Strengths Products • Pioneer in Retail format of experiential stores - Track & Trail Urban, Track & Trail Sport and BSA Hercules Rural outlets. Premium Cycles Strengths Products • Omni-channel presence with unified online and in-store experience
Slide 28: Track & Trail Experience
Track & Trail Experience
Slide 29: Mobility Division Performance
Mobility Division Performance ₹ Crores Revenue PBIT & PBIT% 3% 2% 490 575 0% 15 142 183 -1 4 1 -1% Q3 FY 25 Q3 FY 26 YTD FY 25 YTD FY 26 Q3 FY 25 Q3 FY 26 YTD FY 25 YTD FY 26 FCF ROCE% 23 25 12 21 -6 -8 1 -4 Q3 FY 25 Q3 FY 26 YTD FY 25 YTD FY 26 Q3 FY 25 Q3 FY 26 YTD FY 25 YTD FY 26
Slide 30: Others
Others
Slide 31: Industrial Chains
Industrial Chains ❑ Manufacturer of Various classes of Industrial Chains – Roller Chains, Extended pitch chains, Rubber top chains, Hollow pin chains, Leaf chains, Attachment chains, Extended pin chains, Stainless steel chains, Accumulator chains ❑ Used for various applications – Material handling,
Slide 32: Others Performance (including Industrial Chains)
Others Performance (including Industrial Chains) ₹ Crores Revenue PBIT & PBIT% 9% 8% 5% 5% 743 677 252 214 55 11 19 35 Q3 FY 25 Q3 FY 26 YTD FY 25 YTD FY 26 Q3 FY 25 Q3 FY 26 YTD FY 25 YTD FY 26 FCF ROCE% 51 52 50 38 26 27 2 -22 Q3 FY 25 Q3 FY 26 YTD FY 25 YTD FY 26 Q3 FY 25 Q3 FY 26 YTD FY 25 YTD F
Slide 33: Subsidiaries and Associates
Subsidiaries and Associates
Slide 34: TI Clean Mobility Private Limited
TI Clean Mobility Private Limited
Slide 35: TI Clean Mobility Private Limited (TICMPL)
TI Clean Mobility Private Limited (TICMPL) Product Segment ✓ Electric 3W Auto ✓ Electric Tractors ✓ Electric M & HCV (through its Subsidiary IPLTech Electric Pvt Ltd – “IPLT”) ✓ Electric SCV (through its Subsidiary TIVOLT Electric Vehicles Pvt Ltd – “TIVOLT”) Funding ✓ TII has so far invested ₹250 C
Slide 36: Launch of Super Cargo in the 2025 auto expo
Launch of Super Cargo in the 2025 auto expo
Slide 37: India's 1st Electronic Tractor
Electronic Tractor INDIA’S 1ST ELECTRONIC TRACTOR TICMPL, Tractor segment, is India’s First Manufacturer of Electric Tractors. Our goal is to revolutionize eMobility in India by producing innovative automobiles that address sustainability and efficiency. Our E-tractors are cost effective, pollution
Slide 38: IPL Tech Electric Private Ltd (IPLT)
IPL Tech Electric Private Ltd (IPLT) • IPLT is a manufacturer of electric heavy commercial vehicles, which launched India’s first electric truck – RHINO 5536. • It also launched new RHINO 5538, India’s first heavy-duty electric truck with battery swapping technology • As of 31st December 2025, TI Cl
Slide 39: TIVOLT Electric Vehicles Private Limited
TIVOLT Electric Vehicles Private Limited • TICMPL, a subsidiary of the TII, entered into an agreement with Mr. Anand Jayachandran for pursuing electric small commercial vehicle business ("e-SCV') through a subsidiary to be incorporated by TICMPL, and subsequently in FY 2023-24, TICMPL incorporated a
Slide 40: Jayem Automotives Private Limited
Jayem Automotives Private Limited • Jayem Automotives Private Limited (JAYEM), held by TICMPL, is an automotive research & development company engaged in design, development, testing and manufacturing of a wide range of automotive components, systems and prototypes. • During the nine-months period e
Slide 41: CG Power and Industrial Solutions Limited (CG)
CG Power and Industrial Solutions Limited (“CG”) ❑ Over 8 decades of presence in India ❑ One of top 10 World’s Transformer Manufacturer ❑ #1 motors manufacturer in India ❑ One of the largest manufacturers of Transformers & Switchgears in India ❑ Entered Semiconductor space by the acquisition of Rens
Slide 42: Key Business Verticals
Key Business Verticals POWER INDUSTRIALS Sub-segments Sub-segments Transformers and Drives & Switchgear EPD Railways Motors Stampings Reactors Automation Key Clientele Key Clientele
Slide 43: Industrials: Consistently among the top players
Industrials: Consistently among the top players Products Peers Customers LT Motors ABB, Siemens OEMs of Pumps, Compressors, Gear Box and Construction Motors Large Motors Bhel, ABB Equipment and industries such as power, transmission, oil and gas, cement, metals & mining and in railways transportatio
Slide 44: Power: Consistently among the top players
Power: Consistently among the top players Products Peers Customers EHV Instrument GE, ABB, BHEL Transformers Surge Arresters OBLUM, Lamco ❖Power Grid Corporation of India Limited (PGCIL) Gas Circuit Switchgears GE, Siemens Breakers ❖Nuclear Power Corporation of India Limited (NPCIL) MV Switchgear AB
Slide 45: CG Semi Private Limited
CG Semi Private Limited • CG Semi Private Limited (CG Semi), a subsidiary of CG Power and Industrial Solutions Limited (CGPISL), is a Joint Venture between CGPISL, Renesas Electronics Corporation and Stars Microelectronics (Thailand) Public Co. Ltd. • CG Semi provides Outsourced Semiconductor Assemb
Slide 46: CG Power – Standalone Financials
CG Power –Standalone Financials ₹ Crores Standalone Particulars Q3 24-25 Q3 25-26 YTD YTD Actuals Actuals 24-25 25-26 Revenue from Operations 2,389 2,909 6,766 8,202 PBIT 339 456 965 1,251 Interest 1 2 4 5 PBT (before exceptional) 338 454 961 1,246 Exceptional Item - -36 - -36 PBT (after exceptional
Slide 47: CG Power – Consolidated Financials
CG Power –Consolidated Financials ₹ Crores Consolidated Particulars Q3 24-25 Q3 25-26 YTD YTD Actuals Actuals 24-25 25-26 Revenue from Operations 2,516 3,175 7,156 8,976 PBIT 336 423 969 1,180 Interest 1 4 4 8 PBT (before exceptional) 335 420 964 1,171 Exceptional Item - -36 - -36 PBT (after excepti
Slide 48: Shanthi Gears
Shanthi Gears ❑ Pioneer in gear manufacturing and ranks amongst India’s top gear manufacturers. ❑ Offers a comprehensive range of products and services – cutting edge gear solutions for a wide range of applications and specialized gear reconditioning services ❑ Has been the preferred name for gear a
Slide 49: Gear Business
Helical; Gears & Pinions; Worm Gear Box; Worm Spares; Products for Textiles & Foundry Gear David Brown Bharath Forge; GE; BHEL; Caterpillar, Siemens; TATA; Indian Railways; Business Areva; ELGI; Kone Cranes; Cummins; UniGear; Clean Energy; L&T; Voith etc. 3 manufacturing units in Coimbatore
Slide 50: Products
Products Spur/ Helical Internal Worm and Straight Pinion Shaft Spiral Bevel Gear Gear Wheel Bevel Worm Gearboxes- Adaptable Worm Gearboxes- Standard Worm Gearboxes- Special Helical Gearboxes Bevel Helical Gearboxes
Slide 51: Shanthi Gears Limited Performance
Shanthi Gears Limited Performance ₹ Crores Revenue PBIT & PBIT% 22.5% 21.9% 21.5% 19.8% 451 384 99 82 158 117 35 23 Q3 FY 25 Q3 FY 26 YTD FY 25 YTD FY 26 Q3 FY 25 Q3 FY 26 YTD FY 25 YTD FY 26 FCF & FCF/PAT% ROIC% 89% 65% 61% 48 57 56 37 42 23 31 -11% -2 Q3 FY 25 Q3 FY 26 YTD FY 25 YTD FY 26 Q3 FY 25
Slide 52: SEDIS
SEDIS ❑ Specialized in designing chains for transmission, agricultural, lifting, adapted and conveyor. ❑ With 500+ technical distribution points in France, Sedis currently has the Number One distribution network for French industrial chains.
Slide 53: TI Medical
TI MEDICAL • TI Medical Private Limited (Previously known as LOTUS Surgicals Private Limited) is an established company engaged in the business of manufacturing and supply of medical and surgical consumables. • As of 31st December 2025, TII has invested ₹245 Crores in TI Medical Private Limited.
Slide 54: 3xper Innoventure Limited (CDMO Business)
3xper Innoventure Limited (CDMO Business) • TII incorporated 3xper Innoventure Limited (3IL) by entering into an agreement with Mr. N Govindarajan (“NG”) Company will engage in Contract Development and Manufacturing Operation (CDMO) and active pharmaceutical ingredients business. • 3IL has a wholly-
Slide 55: Kcaltech System India Private Limited
Kcaltech System India Private Limited • On 31st January 2025, TII acquired 67% of the equity share capital of M/s. Kcaltech System India Private Limited) by way of subscription to 2,24,08,313 fresh equity shares for a consideration of about ₹62 Cr. Balance 33% stake is held by Kcaltech Co Limited, K
Slide 56: The Murugappa Way
The Murugappa Way The Five Lights INDIA Our values and beliefs These five lights guide us as we navigate through professional and personal decisions. (© 2026 Tube Investments of india Limaed | wwtingia com All Rights Reserved.
Slide 57: Contact us
Contact us Registered Office Tube Investments of India Ltd. 'Chola Crest', C 54 & C 55, Super B-4, Thiru Vi Ka Industrial Estate, Guindy, Chennai - 600 032 Phone: +91 44 42177770-6 www.tiindia.com Email ID S Krithika – Company Secretary KrithikaS@tii.murugappa.com AN Meyyappan – Chief Financial Offi
Slide 58: Thank You
INDIA Thank You With a rich heritage and global presence spanning generations, TIl remains committed to upholding the core principles of the Murugappa Group - the Five Lights — which have defined us for over a century. As we forge ahead, Tube Investments of India's impact and influence extend beyond
Tube Investments of India — Q3 FY2025-26 Earnings Presentation on 6ix