Tube Investments of India Limited has informed the Exchange about Transcript
TIINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Tube Investments posted Q4 FY25 standalone revenue of Rs. 1,957 Cr (flat YoY) and full-year revenue of Rs. 7,893 Cr (up 3.7%). The company recognized a Rs. 569 Cr fair value gain from its CCPS investment in TI Clean Mobility. Engineering division revenue was flat but management expects margin recovery once the new Nasik plant gets customer approvals in 3-4 months. A Rs. 1,000 Cr railway order over 7 years (starting Q4 FY26) is expected to revive the Metal Formed Products division. ROCE moderated to 44% from 54%, and the board recommended a final dividend of Rs. 1.5/share (on top of Rs. 2 interim already paid). EV subsidiary TI Clean Mobility grew 160% YoY, targeting $1 billion revenue in 3-4 years and EBITDA break-even for two of its four businesses within FY26. Rs. 940 Cr cash on hand is expected to cover EV operations for 1.5-2 years. Capex guidance for core business is Rs. 300 Cr in FY26, with further spending on medical, CDMO, and possible new opportunities.
The fair value gain from TI Clean Mobility CCPS boosted reported Q4 profits, while core engineering and MFPD margins remain soft with recovery expected in H2 FY26. Positive signals include the sizeable railway order win, EV business scale-up, and management's guidance for margin improvement, though continued EV losses and absence of specific capex/break-even details may temper near-term enthusiasm.