Tube Investments of India Ltd - 540762 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation for Analyst and Investor(s) meet22-05-2024
22-05-2024
Tube Investments of India Ltd - 540762 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Announcement under Regulation 30 (LODR) - Earnings Call Transcript17-05-2024
Tube Investments of India Q4 Review - Miss On Operating Profit Due To Higher Other Expenses: Motilal Oswal
FY25E capex for standalone business is Rs 5 billion, while it is Rs 4.7 billion for the TI Clean Mobility15-05-2024
Tube Investments of India Ltd - 540762 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio recording for Q4 Earnings Conference Call with Analysts and Investors14-05-2024
Tube Investments of India Results Earnings Call for Q4FY24
Conference Call with Tube Investments of India Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.14-05-2024
Tube Investments' board gives nod for 350-crore fundraising, recommends a final dividend
Tube Investments of India Ltd plans to raise 350 crore, with a slight drop in net profit but an increase in revenue13-05-2024
Tube Investments of India Ltd - 540762 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release- Audited Financial Results- 31st March 202413-05-2024
Tube Investments of India Ltd - 540762 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release on Audited Financial Results for the year ended 31st March 202413-05-2024
Q4FY24 Quarterly & FY24 Annual Result Announced for Tube Investments of India Ltd.
Auto Parts & Equipment company Tube Investments of India announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Consolidated: TII’s consolidated revenue: Rs 4,490 crore Profit (before share of profit of an Associate/Joint Venture, Exceptional Items and Tax): Rs 401 crore CG Power and Industrial Solutions Ltd consolidated revenue: Rs 2,192 crore Profit before tax: Rs 301 crore Shanthi Gears Ltd. revenue: Rs 154 crore Profit before tax: Rs 32 crore Standalone: Revenue: Rs 1,962 crore (increase from Rs 1,663 crore in the same quarter previous year) PBT: Rs 318 crore (increase from Rs 301 crore in the same quarter previous year) Free Cash Flow: Rs 104 crore FY24 Financial Highlights: Consolidated: TII’s consolidated Revenue: Rs 16,890 crore Profit (before share of profit/(loss) of an Associate/Joint Venture, Exceptional Items and Tax): Rs 1,683 crore CG’s consolidated Revenue: Rs 8,046 crore Profit before tax: Rs 1,158 crore Shanthi Gears Ltd. Revenue: Rs 536 crore Profit before tax: Rs 110 crore Standalone: Revenue: Rs 7,611 crore (increase from Rs 7,236 crore of previous year) PBT: Rs 970 crore (increase from Rs 876 crore of previous year) ROIC: 54% (decrease from 55% in the previous year) Cumulative Free Cash Flow: Rs 376 crore (51% of PAT) Commenting on the financial results, M.A.M Arunachalam (known as Arun Murugappan), Chairman, Tube Investments of India, said "TII demonstrated resilience, achieving a consistent growth in Consolidated Profits before tax, driven by a strategic focus on Cost Reduction Initiatives and operational efficiency through Kaizen improvements. Exports during the year have grown by 14%. Notably, our subsidiaries, CG Power and Industrial Solutions Ltd, as well as Shanthi Gears Ltd, sustained their impressive performance. CG Power & Industrial Solutions Limited secured approval from the Union Cabinet under India’s Semi-conductor scheme to establish an Outsourced Semiconductor Assembly and Test (OSAT) facility, with an investment of around Rs 7,600 crore. over 5 years. This investment will be supported by Government Subsidies, Equity Contribution, and bank borrowings, with technology and Joint venture partnerships from Renesas Electronics Corporation, Japan, and Stars Microelectronics, Thailand. Additionally, TII and its subsidiary, TI Clean Mobility Private Limited, forged an agreement with GEF to raise Rs.580 crore through Compulsory Convertible Preference Shares." Result PDF13-05-2024
Tube Investments of India Ltd - 540762 - Announcement under Regulation 30 (LODR)-Raising of Funds
Long-term borrowing for an aggregate sum of not exceeding Rs. 350 Crores by way of term loan and/or by way of issue of privately placed secured non-convertible debentures.13-05-2024