Tube Investments Of India Limited · NSE:TIINDIA
Tube Investments Of India — Q4 FY2025 Earnings Presentation
57 slides from Tube Investments Of India's earnings presentation, May 2025
Slide 1: Tube Investments of India Limited Corporate Presentation Q4 FY 2024-25
TUBE INVESTMENTS OF INDIA LIMITED Corporate Presentation Q4 FY 2024-25
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: Other Group Companies & JVs
Other Group Companies & JVs Volzhsky Abrasive Works
Slide 6: 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 7: About TII
About TII
Slide 8: 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 9: Market Capitalisation
Market Capitalisation ₹ Crores CAGR +44% 72,267 53,585 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 Share Price as at ₹222 ₹383 ₹274 ₹1,192 ₹1,620 ₹2,547 ₹3,737 ₹ 2,769 period end
Slide 10: Shareholding Pattern
Shareholding Pattern As of 31st Mar’25 Others 13% Domestic Institutions 16% Promoter & 44% Promoter Group 27% FII Promoter Shareholding of 44% includes Ambadi Investment Limited 36% and Others 8%
Slide 11: TII Performance Trends
TII Performance Trends ₹ Crores Revenue Profit Before Tax (before exceptional items & FV Gain) 7,236 7,611 7,893 928 970 975 6,359 4,256 628 381 FY21 FY22 FY 23 FY 24 FY 25 FY21 FY22 FY 23 FY 24 FY25 FCF & FCF/PAT% ROIC% (pre-tax) 195% 91% 43% 51% 55% 608 47 55 54 533 44 376 397 32 205 FY21 FY22 FY
Slide 12: TII Standalone Performance
TII Standalone Performance ₹ Crores Revenue PBT & PBT% (before exceptional items & FV Gain) 17% 13% 16% 12% 7,611 7,893 970 975 1,962 1,957 318 327 Q4 FY 24 Q4 FY 25 FY 24 FY 25 Q4 FY 24 Q4 FY 25 FY 24 FY 25 FCF & FCF/PAT% ROIC% (pre-tax) 92% 51% 55% 42% 376 397 54 43 39 44 225 104 Q4 FY 24 Q4 FY 25
Slide 13: Business Segments
Business Segments Metal Formed Products TI Metal Forming is pioneer in Sheet Metal Formed Products, Fine Blanked Engineering Business Components, Industrial Chains, Motor Tube Products of India (TPI) - Most Casings, etc. preferred supplier of precision tubes, ERW and CDW to major automotive companie
Slide 14: New Acquisitions/Companies at TII & its Subsidiaries level
New Acquisitions/Companies at TII & its Subsidiaries level . Axiro Semiconductor Private Limited: ❑ During the year, CG Power has incorporated, Axiro Semiconductor Private Limited as wholly owned subsidiary in connection with definitive agreement entered into with Renesas Electronics America Inc. an
Slide 15: Engineering Division
❑ One of the World’s Largest manufacturer of Cold Drawn Welded Precision Tubes ❑ One of the leading precision tube manufacturer for Engineering the automotive industries Division ❑ Specially designed tubes for the hydraulic and pneumatic applications ❑ Precisely develop products based on the needs o
Slide 16: Key Strengths, Products & Manufacturing Locations
Key Strengths, Products & Manufacturing Locations Products Key Strengths Electric Resistant Cold Drawn • Market leader and preferred Indian Welded Tubes Welded Tubes supplier in CDW Tubes. Strengths Products • Major manufacturer with the engineering expertise to offer customized, application specifi
Slide 17: Engineering Division Performance
Engineering Division Performance ₹ Crores Revenue PBIT & PBIT% 13% 13% 12% 12% 4,921 5,029 617 617 1,276 1,229 160 142 Q4 FY 24 Q4 FY 25 FY 24 FY 25 Q4 FY 24 Q4 FY 25 FY 24 FY 25 FCF ROCE% 102 104 60 65 42 49 27 -23 Q4 FY 24 Q4 FY 25 FY 24 FY25 Q4 FY 24 Q4 FY 25 FY 24 FY 25
Slide 18: Metal Formed Products
—_ NEUNGS. — Metal Formed Products
Slide 19: 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 20: 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 21: Products
Products Door Frames Side Impact Beams Divisional Channels Cowl Cross Beam Cam Chains After Market Brands Railways Fine Blanked Products
Slide 22: Customer visit
Customer visit Sarre Fine Blanking-Techno-commercial discussion Railways - e-SCV Eviator launched in Auto Expo-2025 paar @ Adient Shanghai New Delhi, with supplied Load body assembly APPRECIATION AWARD Conterred with this Aword for your Dedication ond Commitment to Excalience in 2024 Partnership Day
Slide 23: Metal Formed Products Division Performance
Metal Formed Products Division Performance ₹ Crores Revenue PBIT & PBIT% 12% 11% 10% 10% 1,519 1,565 187 161 386 403 42 39 Q4 FY 24 Q4 FY 25 FY 24 FY 25 Q4 FY 24 Q4 FY 25 FY 24 FY 25 FCF ROCE% 83 58 64 51 45 43 16 -8 Q4 FY 24 Q4 FY 25 FY 24 FY 25 Q4 FY 24 Q4 FY 25 FY 24 FY 25
Slide 24: Mobility Division
Mobility Division
Slide 25: 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 26: Key Strengths, Products & Manufacturing Locations
Key Strengths, Products & Manufacturing Locations Products Key Strengths • Pioneer in Retail format of experiential stores - Track & Trail Urban, Track & Premium Cycles Trail Sport and BSA Strengths Products Hercules Rural outlets. • Omni-channel presence Standards with unified online and in- Specia
Slide 27: Track & Trail Experience
Track & Trail Experience
Slide 28: Mobility Division Performance
Mobility Division Performance ₹ Crores Revenue PBIT & PBIT% 2% 1% 664 671 -3% 4 5 154 181 -9 -18 -6% Q4 FY 24 Q4 FY 25 FY 24 FY 25 Q4 FY 24 Q4 FY 25 FY 24 FY 25 FCF ROCE% 19 5 -19 9 -37 2 1 -3 Q4 FY 24 Q4 FY 25 FY 24 FY 25 Q4 FY 24 Q4 FY 25 FY 24 FY 25
Slide 29: Others
Others
Slide 30: 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 31: Others Performance (including Industrial Chains)
Others Performance (including Industrial Chains) ₹ Crores Revenue PBIT & PBIT% 8% 8% 5% 5% 987 65 834 48 230 244 17 13 Q4 FY 24 Q4 FY 25 FY 24 FY 25 Q4 FY 24 Q4 FY 25 FY 24 FY 25 FCF ROCE% 39 39 31 25 27 17 20 13 Q4 FY 24 Q4 FY 25 FY 24 FY 25 Q4 FY 24 Q4 FY 25 FY 24 FY 25
Slide 32: Expo’s
Expo’s Expos participated in ISE and Bauma
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
TI Clean Mobility Private Limited Product Segment ✓ Electric 3W Auto ✓ Electric Tractors ✓ Electric M & HCV (through its Subsidiary IPLTech Electric Pvt Ltd) ✓ Electric SCV (through its Subsidiary TIVOLT Electric Vehicles Pvt Ltd) Funding ✓ TII has invested Rs. 250 Cr. into TICMPL as Equity and Rs.
Slide 36: Launch of Super Cargo in the 2025 auto expo
Launch of Super Cargo in the 2025 auto expo 36
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. • During FY 24-25, TI Clean Mobility Pvt Ltd (TICMPL) increased its stake in IPLT from 65.77% to 94.31%. • Capital infusion of ₹199.73 Cr (re
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. • During FY 2023-24, TICMPL has incorporated a subsid
Slide 40: Jayem Automotives Private Limited
Jayem Automotives Private Limited • TICMPL acquired 50% stake with Primary Investment of Rs. 30 Cr. and Secondary Investment of Rs. 176 Cr. • Jayem is an automotive research & development company engaged in design, development, testing and manufacturing of a wide range of automotive components, syst
Slide 41: CG Power and Industrial Solutions Limited
CG Power and Industrial Solutions Limited ❑ 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
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 Power – Financials (Standalone)
CG Power –Financials ₹ Crores Standalone Particulars Q4 23-24 Q4 24-25 YTD 23-24 YTD 24-25 Actual Actual Actual Actual Revenue 2,084 2,563 7,610 9,329 PBIT 317 384 1,149 1,348 Interest 1 3 3 6 PBT (before exceptional) 316 381 1,146 1,342 Exceptional Item - - 142 - PBT (after exceptional) 316 381 1,2
Slide 46: CG Power – Financials (Consolidated)
CG Power –Financials ₹ Crores Consolidated Particulars Q4 23-24 Q4 24-25 YTD 23-24 YTD 24-25 Actual Actual Actual Actual Revenue 2,192 2,753 8,046 9,909 PBIT 308 386 1,140 1,355 Interest 1 3 3 7 PBT (before exceptional) 307 384 1,137 1,348 Exceptional Item (6) - 21 - PBT (after exceptional) 301 384
Slide 47: 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 48: 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 49: 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 50: Shanthi Gears Limited Performance
Shanthi Gears Limited Performance ₹ Crores Revenue PBIT & PBIT% 20.8% 21.5% 20.5% 20.5% 536 605 130 110 154 153 32 31 Q4 FY 24 Q4 FY 25 FY 24 FY 25 Q4 FY 24 Q4 FY 25 FY 24 FY 25 FCF & FCF/PAT% ROIC% 120% 79% 52% 76 -72% 51 57 55 43 27 37 -18 Q4 FY 24 Q4 FY 25 FY 24 FY 25 Q4 FY 24 Q4 FY 25 FY 24 FY 2
Slide 51: 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 52: 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. • TII Invested Rs.233 Cr. to acquire 67% of equity share capital of TI Medical and balance
Slide 53: 3xper Innoventure Limited (CDMO Business)
3xper Innoventure Limited (CDMO Business) • TII incorporated 3xper Innoventure Limited by entering into an agreement with Mr. N Govindarajan Company will engage in Contract Development and Manufacturing Operation (CDMO) and active pharmaceutical ingredients business. • During the year, 3xper Innoven
Slide 54: Kcaltech System India Private Limited
Kcaltech System India Private Limited • On 31 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, Ko
Slide 55: Murugappa Group values
‘The light of INSEEGRITY that gives us the courage to always do the right thing The light of ‘The light of RESPONSIBILITY PASZION that gives us the humility to that provides us with think about the world around us the desire to win The light of ‘The light of PRESPECT QUALITY that inspires people whi
Slide 56: 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 57: Thank you
Tube Investments of India — Q4 FY2025 Earnings Presentation on 6ix