Tube Investments of India Ltd shares declined by 1.47% to ₹2,739 on Friday afternoon, as reported by CNBC TV18. The stock was trading lower at 3:14 pm on August 14, down by ₹41 from the previous close. The latest decline reflects continued bearish sentiment on the stock, with investors showing caution towards the company's performance. The company is part of the Murugappa Group, involved in manufacturing bicycles, engineering products, metal-formed products, and various other industrial goods.
According to CNBC TV18 reports, consolidated net profit declined 15% to ₹168.6 crore in Q1 FY27 compared to ₹198.9 crore in the same quarter of the previous year. However, revenue grew 17% to ₹6,215.1 crore from ₹5,309.1 crore in Q1 FY26. The company's EBITDA remained broadly unchanged at ₹547.8 crore against ₹546.2 crore in the year-ago quarter, but EBITDA margin contracted to 8.8% from 10.3% a year earlier. Segment performance showed mixed results with Engineering revenue rising to ₹1,566.26 crore, Industrial Systems increasing to ₹1,789.54 crore, and Power Systems growing to ₹1,398.24 crore. The mixed performance indicates strong revenue growth but margin compression affecting profitability.
As per CNBC TV18 reports, Engineering remained one of the largest contributors with revenue rising to ₹1,566.26 crore from ₹1,298.24 crore year-on-year. Industrial Systems revenue increased to ₹1,789.54 crore from ₹1,691.54 crore, while Power Systems revenue rose to ₹1,398.24 crore from ₹1,070.14 crore in the year-ago quarter. Metal Formed Products reported revenue of ₹407.79 crore compared with ₹365.76 crore earlier, and Mobility revenue increased to ₹250.42 crore from ₹198.71 crore. Electric Vehicles revenue rose significantly to ₹239.20 crore from ₹135.44 crore, demonstrating strong growth in the EV segment. Gears and Gear Products revenue stood at ₹115.13 crore against ₹134.70 crore in the corresponding quarter last year.
According to CNBC TV18, CG Power and Industrial Solutions Ltd, a subsidiary in which Tube Investments holds a 56.29% stake, reported consolidated revenue of ₹3,281 crore during the quarter, compared with ₹2,878 crore in the corresponding quarter of the previous year. Its profit before tax rose to ₹423 crore from ₹364 crore year-on-year. Shanthi Gears Ltd, a subsidiary in the Gears business in which Tube Investments holds a 70.46% stake, reported revenue of ₹115 crore against ₹135 crore in the corresponding quarter last year, with profit before tax declining to ₹14 crore from ₹31 crore. During the quarter, the company allotted 15,450 equity shares to employees following the exercise of options granted under its Employee Stock Option Scheme, ESOP 2017. Total outstanding employee stock options stood at 8,93,861 as of June 30, 2026, compared with 9,09,311 as of March 31, 2026 and 3,53,701 as of June 30, 2025.
According to latest market data, Tube Investments of India's market capitalisation stands at ₹54,490.60 crores as of August 13, 2026. The stock has delivered a return of -2.45% over the last 1 year, with a 52-week high of ₹3,419.90 and 52-week low of ₹2,164.90. The company's Mutual Fund Shareholding was 14.15% at the end of June 2026. Current PE ratio stands at 76.49 and P/B ratio at 6.28 as of August 13, 2026. The company has shown remarkable growth with revenue increasing from ₹12,525.30 crore in 2022 to ₹22,847.43 crore in 2026, demonstrating consistent expansion across its manufacturing and engineering operations. As of August 10, 2026, Moneycontrol's analysis indicated a bearish sentiment on the stock, explaining the recent decline despite strong annual revenue growth.
