Revenue distribution by sectors:

• Automotive components: approx. 40%
• Metal products: approx. 35%
• Engineering: approx. 25%

TOP 3 markets and their percentage shares:

• India: approx. 60%
• Europe: approx. 20%
• North America: approx. 15%

Tube Investments of India Limited generates the majority of its revenues from the automotive components sector, followed by metal products and engineering. The Indian market is the company's largest single market, attributed to its strong presence and demand in the home country. Europe and North America are also significant markets served through export activities and international partnerships.

Production Sites:

• Chennai, Tamil Nadu
• Rajpura, Punjab
• Shirwal, Maharashtra
• Bawal, Haryana

Tube Investments of India Limited mainly produces its products in India, spread across several strategically located sites. These production facilities enable the company to efficiently respond to demand in different regions while optimizing logistics costs. The sites are chosen to serve both domestic markets and exports.

Revenue Growth: 18% (2024)

Profit Growth: 14% (2024)

Tube Investments of India Limited pursues a diversified growth strategy based on several pillars. Firstly, the company heavily focuses on expanding its product portfolio, especially in the automotive components and industrial applications sectors. This enables them to tap into new market segments and deepen existing customer relationships.

Secondly, the company is investing in modernizing and expanding its production capacities to produce more efficiently and cost-effectively. These investments aim to enhance competitiveness and expand market share in core segments.

Furthermore, Tube Investments places a strong emphasis on sustainability and innovation. By introducing more environmentally friendly production processes and developing sustainable products, the company aims to meet regulatory requirements and capitalize on new business opportunities in high-growth markets.

Lastly, geographic expansion, particularly in emerging markets, is considered a key strategy to drive international growth and reduce dependence on individual markets.

Main raw materials: Steel, Aluminum, Copper

Import countries: China, Japan, South Korea

Tube Investments of India Limited mainly imports steel, aluminum, and copper, which are needed for the production of their products such as bicycles, automotive components, and precision steel tubes.

China is one of the largest suppliers of steel and aluminum, while Japan and South Korea are also important partners for the supply of high-quality steel and other metals. These countries offer competitive prices and high quality, making them preferred suppliers for Tube Investments.

Market share in the bicycle segment: 25% (2024)
EBITDA margin: 15% (2024)
ROCE (Return on Capital Employed): 18% (2024)

Tube Investments of India Limited has a significant competitive advantage, especially in the bicycle segment, where it holds a market share of about 25%. This strong market position is supported by a wide range of products and an established brand presence.

The EBITDA margin of 15% shows that the company is able to manage its costs efficiently and still operate profitably. This is an indicator of operational efficiency and pricing power.

The ROCE of 18% suggests that the company effectively utilizes its capital resources to achieve above-average returns. This is a sign of strong financial health and the ability to create long-term value for shareholders.

Overall, Tube Investments of India benefits from a strong market position, operational efficiency, and effective capital utilization, giving the company a solid competitive advantage.

Institutional Investor Share: approximately 35% (2025, estimated)

Insider Purchases/Sales: No significant transactions in the last year (2025, estimated)

The institutional investor share in Tube Investments of India Limited is estimated to be around 35%. This indicates a moderate interest from institutional investors, suggesting confidence in the company's strategy and management.

In 2025, there were no significant insider purchases or sales, indicating that the management and other insiders do not expect significant changes in the company's valuation or strategy. However, such activities could also be influenced by regulatory or strategic considerations.

Market share of Tube Investments of India Limited: 12% (estimated, 2025)

Top competitors and their market shares:

1. Bajaj Auto Limited: 18%
2. Hero MotoCorp Limited: 15%
3. TVS Motor Company: 14%
4. Tube Investments of India Limited: 12%
5. Eicher Motors Limited: 10%
6. Mahindra & Mahindra Limited: 9%
7. Ashok Leyland Limited: 8%
8. Force Motors Limited: 6%
9. Sundaram-Clayton Limited: 5%
10. Atul Auto Limited: 3%

Moat of Tube Investments of India Limited:

Tube Investments of India Limited has a moderate moat, mainly due to its diversification into various business segments such as automotive components, metal products, and financial services. This diversification provides a certain level of stability and risk mitigation compared to companies heavily reliant on a single sector.

Compared to its competitors, Tube Investments has an advantage through its strong presence in the bicycles and automotive components sector. However, companies like Bajaj Auto and Hero MotoCorp have significant moats due to their established brands, wide product ranges, and extensive distribution networks that give them a competitive edge.

Overall, Tube Investments has a solid, but not outstanding moat compared to some of its larger competitors that dominate through brand strength and market presence.

Revenue Growth: 18% (2024) EBITDA Margin: 15% (2024) ROE (Return on Equity): 20% (2024)

Tube Investments of India Limited recorded a revenue growth of 18% in 2024, attributed to strong demand in its core segments and successful expansions into new markets. The EBITDA margin of 15% indicates that the company operates efficiently and is able to control its costs well.

An ROE of 20% suggests that the company is able to effectively maximize its return on equity, which is a positive signal for investors. This indicates a solid return on capital and efficient use of equity.

Overall, the company demonstrates strong financial performance and growth dynamics, making it a potentially attractive investment. However, investors should also consider external factors and market risks before making a final decision.

Dividend yield: 0.8% (estimated for 2025)
Dividend growth: 5% annually (last 3 years)

Tube Investments of India Limited has been paying dividends in recent years, with the dividend yield expected to be around 0.8% in 2025. The company has shown a consistent dividend growth of about 5% per year in the past.

The reliability of dividend payments can be considered high, as the company demonstrates stable financial performance and has regularly distributed dividends in the past. The continuous increase in dividends indicates that the company aims to provide value to its shareholders.