Tube Investments of India share price today

Tube Investments of India Ltd's share price was ₹2,300.00 at the close on 5 November 2026. It has been falling for 8 weeks. That is 14.5% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 18 weeks running.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Tube Investments of India Ltd is in stage 4. The phase helps read everything below.

In the last 52 weeks it traded between ₹2,076 and ₹3,292, and at that close it sat 18% of the way up from that low.

Over the last 9 years the share price moved +809% while the NIFTY 500 moved +140%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 3 July 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

One change stood out: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare).

1. Revenue up on a year earlier for 11 quarters in a row (every quarter we can compare)

   In the June 2026 quarter revenue was ₹6,215 crore, +17.1% on a year earlier.

   Why: Revenue rose because the engineering business sold more, helped by strong demand across vehicle types and double digit export growth.

   Next results: check whether the company gets back the steel cost it did not pass on and whether Engineering and MFP margins move back up.

   From the earnings call on 17 Aug 2026.

For July to September 2026 (the quarter ended 30 September 2026), Tube Investments of India reported revenue of ₹7,330 crore, up 32.7% from ₹5,523 crore a year earlier, and a profit of ₹421 crore, up 39.4% from ₹302 crore.

Tube Investments of India results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

The newest call in our records is from 17 August 2026, about April to June 2026; a call about these results is not in our records yet.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Tube Investments of India closed at ₹2,300.00 on 5 November 2026, down 22.9% from ₹2,983.00 a year earlier (7 November 2025) and up 38.2% over five years. Its highest weekly close since November 2017 was ₹4,624.55 on 25 October 2024.

Tube Investments of India share price: then and now

Weekly closing prices. Each change is the move from that price to the 5 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

477 weekly closes from 3 November 2017 to 5 November 2026.

5 Nov 2026: Tube Investments of India closed at ₹2,300.00, up 8.5% on the week and up 3.6% on the month. Results for July to September 2026: Revenue up 32.7% and profit up 39.4% on a year earlier.

Earlier

• 17 Aug 2026: Tube Investments of India held its results call for April to June 2026. Management guided: Engineering and MFP steel under-recovery including Q1 expected fully recovered, with margins returning toward earlier levels and double-digit EBIT-margin improvement thereafter; cycles margin at least 200 basis points higher in FY27.
• 7 Aug 2026: ex-date for a dividend of ₹1.50 a share.
• 10 Feb 2026: ex-date for an interim dividend of ₹2 a share.

Tube Investments of India paid ₹3.50 a share in regular dividends in the 12 months to 5 November 2026 (2 payments), a yield of 0.15% at the ₹2,300.00 close on 5 November 2026. The last was a dividend of ₹1.50 a share, ex-date 7 August 2026.

Tube Investments of India dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Tube Investments of India Ltd paid out 11% of its profit as dividends in FY26, and it paid a dividend in 9 of its last 10 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 17 August 2026, Tube Investments of India's management guided: Engineering and MFP steel under-recovery including Q1 expected fully recovered, with margins returning toward earlier levels and double-digit EBIT-margin improvement thereafter; cycles margin at least 200 basis points higher in FY27.

“In our case, we are relying on pre-booking some orders for long-lead-time items and locking prices with cell and battery manufacturers. These are the mitigating steps we are taking. However, directionally, cell prices do not appear likely to cool down, at least in this quarter or even in Q3.”Mukesh Ahuja, on the call for April to June 2026

What management guided

• TI Medical revenue growth around 20% on a year earlier with profitability; Medicura IV-cannula revenue expected from August/September after plant start.
• 3xper clean-room commissioning expected in 30-40 days; customer PV/AS submission in 45 days should trigger site inspection next financial year; revised numbers remain on track.
• TI Clean Mobility: one business expected to break even this financial year and two next financial year; peak quarterly losses viewed as past, but cell prices unlikely to cool through Q3.
• Standalone to infuse ₹250 crore into new-venture subsidiaries in Q3; total planned infusion approximately ₹750 crore over time.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 17 August 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

When Tube Investments of India reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Engineering and MFP EBIT recovery after customer pass-through discussions - check whether margin neutralization starts.

Tube Investments of India is on one of our India lists: Small & mid cap stocks.

Tube Investments of India Ltd earned ₹421 Cr of net profit in the Sep 2026 quarter, +39.4% on the same quarter a year earlier. Full-year FY26 profit was ₹1,118 Cr. That is 5.7% of the quarter's revenue. The same quarter a year earlier earned ₹302 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹1,118 Cr (+6.1% on the year before).

Why profit moved: revenue changed +32.7% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +21.0% and revenue +22.8%. Profit and revenue are moving at about the same pace.

Tube Investments of India Ltd reported ₹7,330 Cr of revenue in the Sep 2026 quarter, +32.7% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. The last full year, FY26, came in at ₹22,847 Cr. The last four reported quarters add to ₹25,561 Cr.

Revenue is everything the company billed its customers in the period.

A growth rate over several years is not shown, because there are too few years of figures to work one out properly.

FY26 revenue was ₹22,847 Cr, +17.4% on the year before.

Is growth speeding up? Revenue over the last 12 months grew +22.9%, against +18.5% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +17.7%, against −15.5% a year (accelerating).

Tube Investments of India Ltd's operating margin was 10.0% in the Sep 2026 quarter, about the same as the same quarter a year ago. Across 10 years it has been between 7.0% and 13.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

In the latest quarter it moved +0.0 percentage points on the same quarter a year ago.

Why the margin moved: operating margin changed +0.2 percentage points on the year while gross margin changed −1.7 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 78% of Tube Investments of India Ltd's reported profit came in as cash from its operations, so most of the profit is real cash. In FY26 it brought in ₹1,161 Cr of operating cash against ₹1,118 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹1,811 Cr of spending on assets, free cash was −₹650 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 78% of profit came in as cash: the cash cycle got 79 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: less of the profit turns into cash than it should, and the cash cycle is 79 days longer. The next section looks at where the cash is stuck.

Tube Investments of India Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 41 days in FY26, up from −38 days in FY21. It spent ₹4,969 Cr on assets over the last 3 years. Customers take 70 days to pay, and stock sits for 70 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹22,847 Cr, each day of that cycle ties up about ₹62.6 Cr, so roughly ₹2,566 Cr is tied up in the business at any time.

FY26: customers took 70 days to pay and stock sat for 70 days, about 2.3 months of sales sitting as stock, for a full cycle of 41 days, longer than FY21's −38.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 70 days. Customers pay about 70 days after that. Suppliers are paid at 98 days. Together that makes the 41-day cycle.

Spending on assets: ₹4,969 Cr over the last 3 years, against ₹1,621 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹895 Cr (FY26): assets paid for that are not earning yet.

In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit.

Tube Investments of India Ltd's P/E is 64.3×, in the middle of its own history: higher than 52% of past readings. Its usual P/E (the middle reading) is 62.9×, over 9 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹34.56.