Tube Investments Of India Limited · NSE:TIINDIA
Tube Investments Of India — Q4 FY2025-26 Earnings Presentation
49 slides from Tube Investments Of India's earnings presentation, May 2026
Slide 1: Tube Investments of India Limited Investor Presentation Q4 2025-26
Tube Investments of India Limited Engineered. Empowered. Future-Forward. Investor Presentation Q4 2025-26 Unless expressly stated otherwise in this document, the information included in this presentation is not, and shall not create or be considered any form of obligation(s) of TI India to any third
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 3 © 2026 Tube Investments of India Limited | tiindia.com All Rights Reserved.
Slide 4: Murugappa Group – Our Legacy
Murugappa Group – Our Legacy AGRICULTURE A NATIONAL FORCE, GLOBALLY MINDED ENGINEERING 125+ $10.21B Years of Revenue excellence FINANCIAL SERVICES 1 ETHOS 1 GROUP 50+ 94,000+ OTHER BUSINESSES Countries market reach Employees ELECTRIC VEHICLES TIVOLT Electric Vehicles Jayem Automotives IPLTech Electr
Slide 5: The Philosophy We Cherish
The Philosophy We Cherish 5 © 2026 Tube Investments of India Limited | tiindia.com All Rights Reserved.
Slide 6: About TII
About TII 6 © 2026 Tube Investments of India Limited | tiindia.com All Rights Reserved.
Slide 7: Tube Investments of India Limited (TII)
Tube Investments of India Limited (TII) TUBE PRODUCTS OF INDIA INDIA'S PREMIER ENGINEERING COMPANY Precision Tubes Cold Roll Steel Strips Tubular Components $2.6B Revenue in 2025-26 METAL FORMED PRODUCTS DIVISION 35+ 75+ Manufacturing Years of Drives & Transmission Precision Parts Roll Form Sections
Slide 8: Market Capitalization
Market Capitalization In ₹ Crores CAGR 72,267 53,585 49,173 48,723 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 Mar'26 Period Mar’18 Mar’19 Mar’20 Mar’21 Mar’22 Mar’23 Mar’24 Mar’25 Mar’26 Share Price as ₹222 ₹383 ₹274 ₹1,192 ₹1,620 ₹2,547 ₹3,737 ₹2,769 ₹2,
Slide 9: Shareholding Pattern As Of 31st March 2026
Shareholding Pattern As Of 31st March 2026 Others 13% 22% 44% Domestic Institutions Promoter & Promoter Group* 21% FII *Promoter Shareholding of 44% includes Ambadi Investment Limited 36% and Others 8% 9 © 2026 Tube Investments of India Limited | tiindia.com All Rights Reserved.
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 8,556 970 975 1,099 6,359 928 628 FY22 FY23 FY24 FY25 FY 26 FY22 FY23 FY24 FY25 FY26 FCF & FCF/PAT% (before FV Gain) ROIC% (pre-tax) (before e
Slide 11: TII Standalone Performance
TII Standalone Performance ₹ Crores Revenue PBT & PBT%(before exceptional items & FV Gain) 17% 16% 13% 12% 7,893 8,556 975 1099 1,957 2,279 327 361 Q4 FY 25 Q4 FY 26 FY 25 FY 26 Q4 FY 25 Q4 FY 26 FY 25 FY 26 FCF & FCF/PAT% (before FV Gain) ROIC% (pre-tax) (before exceptional items & FV Gain) 112% 10
Slide 12: Engineering Division
INDIA ENGINEERING DIVISION
Slide 13: Precision Tubes, CRSS & Tubular Components
Precision Tubes, Cold-Rolled Steel Strips (CRSS) & Tubular Components Engineering Division INDIA’S LARGEST PRECISION TUBE MANUFACTURER – SHAPING PRECISION, DRIVING GROWTH Key Strengths Products • Market leader and preferred Indian supplier in CDW Tubes. • Major manufacturer with the engineering expe
Slide 14: Awards
Awards Received an award from Endurance Technologies at the 20th Supplier Meet under the category “Significant Support for Ramp-Up through Capacity Enhancement.” 14 © 2026 Tube Investments of India Limited | tiindia.com All Rights Reserved.
Slide 15: Engineering Division Performance
Engineering Division Performance ₹ Crores Revenue PBIT & PBIT% 12% 12% 12% 12% 5,029 5,612 617 689 1,229 1,495 142 176 Q4 FY 25 Q4 FY 26 FY 25 FY 26 Q4 FY 25 Q4 FY 26 FY 25 FY 26 FCF ROCE% 342 46 49 46 42 159 104 27 Q4 FY 25 Q4 FY 26 FY 25 FY 26 Q4 FY 25 Q4 FY 26 FY 25 FY 26 15 © 2026 Tube Investmen
Slide 16: Metal Formed Products Division
METALFORMED @ PRODUCTS DIVISION INDIA
Slide 17: Metal Formed Products Division
Drives and Transmission, Precision parts, Roll form and large mechanical sections Metal Formed Products Division INDIA’S MARKET LEADER FOR AUTOMATIC CHAINS Products Key Strengths • Market leader in automotive drive and cam chains. • Preferred supplier for roll formed car doorframes Auto Kits (Rombo
Slide 18: Products
Products Metal Formed Products Division Side Impact Beams Door Frames Divisional Channels Cowl Cross Beam Cam Chains After Market Brands Railways 18 Fine Blanked Products © 2026 Tube Investments of India Limited | tiindia.com All Rights Reserved.
Slide 19: Customer visit & Recognition
Customer visit & Recognition Participated in the Tech Show organized by Loram USA rail maintenance team visited ACMA for Skoda Auto Volkswagen Railway Business Visit by KINET (Mr. David John) & First DTC Car body integration completed at RVNL (Mr. Manish Agarwal) RVNLS Latur Facility 19 © 2026 Tube
Slide 20: Metal Formed Products Division Performance
Metal Formed Products Division Performance ₹ Crores Revenue PBIT & PBIT% 10% 10% 10% 8% 1,565 1,603 161 162 403 421 39 35 Q4 FY 25 Q4 FY 26 FY 25 FY 26 Q4 FY 25 Q4 FY 26 FY 25 FY 26 FCF ROCE% 104 83 45 44 43 39 16 -9 Q4 FY 25 Q4 FY 26 FY 25 FY 26 Q4 FY 25 Q4 FY 26 FY 25 FY 26 20 © 2026 Tube Investme
Slide 21: Mobility Division
INDIA MOBILITY DIVISION
Slide 22: Cycles
Cycles Mobility Division INDIA’S TRUSTED CYCLING PARTNER – INSPIRING MOBILITY, FITNESS & LIFESTYLE BRAND PORTFOLIO Diverse Portfolio: Manufacturers and marketers of MANUFACTURING bicycles and cycling accessories FACILITIES Leading retail transformation through Track and Trail, with a focus on premiu
Slide 23: Fitness
Fitness Mobility Division REDEFINING FITNESS WITH PERFORMANCE AND PRECISION COMMERCIAL COMMERCIAL DOMESTIC ACCESSORIES CARDIO STRENGTH Treadmill – 54+ Dumbbell - 50+ Treadmill - 18+ Pin-Loaded - 170+ Bikes - 56+ Plates - 30+ Bikes - 15+ Plate Loaded - 50+ Elliptical - 14+ Rods - 25+ Elliptical - 6+
Slide 24: Mobility Division Performance
Mobility Division Performance ₹ Crores Revenue PBIT & PBIT% 2% 2% 2% 671 783 1% 208 19 181 4 4 5 Q4 FY 25 Q4 FY 26 FY 25 FY 26 Q4 FY 25 Q4 FY 26 FY 25 FY 26 FCF ROCE% 42 26 26 19 19 9 1 5 Q4 FY 25 Q4 FY 26 FY 25 FY 26 Q4 FY 25 Q4 FY 26 FY 25 FY 26 24 © 2026 Tube Investments of India Limited | tiindi
Slide 25: Other Businesses
INDIA
Slide 26: Industrial Chains Business Unit
Industrial Chains Business Unit Other Businesses POWERING INDUSTRIES WORLDWIDE - DELIVERING RELIABILITY Global Standards Compliance: Manufactured as per ANSI, British Standards and specifications Strong Manufacturing Base: 5 facilities in Chennai powering diverse industries Sector Coverage: Agricult
Slide 27: Other Divisions Performance
Other Divisions Performance ₹ Crores Revenue PBIT & PBIT% 8% 6% 5% 5% 987 923 48 70 244 246 13 16 Q4 FY 25 Q4 FY 26 FY 25 FY 26 Q4 FY 25 Q4 FY 26 FY 25 FY 26 FCF ROCE% 47 49 31 28 144 39 68 17 Q4 FY 25 Q4 FY 26 FY 25 FY 26 Q4 FY 25 Q4 FY 26 FY 25 FY 26 27 © 2026 Tube Investments of India Limited | t
Slide 28: TII Subsidiaries Performance
Slide 29: TI Clean Mobility Private Limited (TICMPL)
TI Clean Mobility Private Limited (TICMPL) SUBSIDIARIES Product Segment Funding Electric 3W Auto TII has so far invested ₹250 Cr. into TICMPL as Equity and ₹750 Cr. as Compulsorily Convertible Preference Shares (CCPS) Electric Tractors During the year ended 31st March 2026, TICMPL invested ₹
Slide 30: Electric Tractor
Electric Tractor SUBSIDIARIES INDIA’S 1ST ELECTRONIC TRACTOR TICMPL, Tractor segment, is India’s First Manufacturer of Electric Tractors. Our goal is to revolutionize e-Mobility in India by producing innovative automobiles that address sustainability and efficiency. Our E-tractors are cost effective
Slide 31: IPL Tech Electric Private Ltd (IPLT)
IPL Tech Electric Private Ltd (IPLT) SUBSIDIARIES 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 March 2026, T
Slide 32: TIVOLT Electric Vehicles Private Limited
TIVOLT Electric Vehicles Private Limited SUBSIDIARIES 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 inc
Slide 33: Jayem Automotives Private Limited
Jayem Automotives Private Limited SUBSIDIARIES 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 year ended
Slide 34: CG Power and Industrial Solutions Limited
CG Power and Industrial Solutions Limited (“CG”) SUBSIDIARIES 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 acquis
Slide 35: 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 35 © 2026 Tube Investments of India Limited | tiindia.com All Rights Reserved.
Slide 36: Railways
Industrials: Consistently among the top players Products Peers Customers LT Motors ABB, Siemens OEMs of Pumps, Compressors, Gear Box and Construction Motors Equipment and industries such as power, transmission, oil Large Motors Bhel, ABB and gas, cement, metals & mining and in railways transportatio
Slide 37: Transformers Switchgears
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 • Nuclear Power Corporation of India Limited (NPCIL) Breakers MV Switchgear
Slide 38: CG Semi Private Limited
CG Semi Private Limited SUBSIDIARIES 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 Semicon
Slide 39: CG Power – Standalone Financials
CG Power – Standalone Financials ₹ Crores Q4 24-25 Q4 25-26 CY QTD vs YTD 24-25 YTD 25-26 FY 25-26 vs Particulars Actual Actual PY QTD (%) Actual Actual FY 24-25 (%) Revenue from Operations 2,563 3,129 22% 9,329 11,331 22% PBIT 384 549 43% 1,348 1,800 34% Interest 3 3 4% 6 7 21% PBT (before exceptio
Slide 40: CG Power – Consolidated Financials
CG Power – Consolidated Financials ₹ Crores Q4 24-25 Q4 25-26 CY QTD vs FY 24-25 FY 25-26 FY 25-26 vs Particulars Actual Actual PY QTD (%) Actual Actual FY 24-25 (%) Revenue from Operations 2,753 3,442 25% 9,909 12,418 25% PBIT 386 494 28% 1,355 1,674 24% Interest 3 4 37% 7 12 72% PBT (before except
Slide 41: Shanthi Gears Limited
Shanthi Gears Limited Industrial Division ENGINEERING PRECISION, POWERING PROGRESS Leading manufacturer of gears, Gearbox Specifications gearboxes, geared motors & assemblies DIN 3990 compliant gearbox design 50+ years of engineering and manufacturing excellence Customized reduction ratios & power t
Slide 42: Shanthi Gears Limited Performance
Shanthi Gears Limited Performance ₹ Crores Revenue PBIT & PBIT% 21% 22% 20% 16% 605 130 519 103 153 31 22 135 Q4 FY 25 Q4 FY 26 FY 25 FY 26 Q4 FY 25 Q4 FY 26 FY 25 FY 26 FCF ROIC% 120% 79% 39% 76 27 -43% 30 51 55 39 -7 30 Q4 FY 25 Q4 FY 26 FY 25 FY 26 Q4 FY 25 Q4 FY 26 FY 25 FY 26 42 © 2026 Tube Inv
Slide 43: Sedis
Sedis SUBSIDIARIES 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. 43 © 2026 Tube Investments of India Limited |
Slide 44: TI Medical Private Limited
TI Medical Private Limited SUBSIDIARIES Vision: To become India's premier medical devices Offices in Mumbai & platform, delivering advanced solutions through Gurugram innovation, operational excellence, and the expertise of a highly skilled team. Manufacturing Facility: Dehradun Mission: Providing h
Slide 45: 3xper Innoventure Limited
3xper Innoventure Limited SUBSIDIARIES Dynamic Contract Research Organization Discovery Manufacturing (CRO) and Contract Development and Manufacturing Organization (CDMO) in the Services Services pharmaceutical sector. Synthetic Chemistry Custom Synthesis Integrated chemistry services: research to c
Slide 46: KCALTech System India Pvt. Ltd.
KCALTech System India Pvt. Ltd. SUBSIDIARIES PRECISION-ENGINEERED ALUMINIUM PRODUCTS FOR ADVANCED HVAC APPLICATIONS • 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 cons
Slide 47: The Murugappa Way – The Five Lights
The Murugappa Way The Five Lights The light of The light of The light of The light of The light of that provides us with that inspires people the desire to win around us to perform that gives us the courage to that gives us the humility to which makes us think about the world around us always do the
Slide 48: 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 tiindia.com Email ID S Krithika – Company Secretary KrithikaS@tii.murugappa.com AN Meyyappan – Chief Financial Officer
Slide 49: 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
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