Tube Investments of India Limited
Tube Investments of India Limited, together with its subsidiaries, engages in the manufacture and sale of precision engineered and metal formed products to automotive, railway, construction, agriculture, etc. in India. It operates through eight segments: Engineering, Metal Formed Products, Mobility, Gear and Gear Products, Power Systems, Industrial Systems, Medical, and Semiconductors. The Engine… Read more
Tube Investments of India Limited (TIINDIA) - Net Assets
Latest net assets as of September 2025: ₹113.52 Billion INR
Based on the latest financial reports, Tube Investments of India Limited (TIINDIA) has net assets worth ₹113.52 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹203.16 Billion) and total liabilities (₹89.64 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹113.52 Billion |
| % of Total Assets | 55.88% |
| Annual Growth Rate | 166.44% |
| 5-Year Change | 206.74% |
| 10-Year Change | 594.71% |
| Growth Volatility | 656282.65 |
Tube Investments of India Limited - Net Assets Trend (2013–2025)
This chart illustrates how Tube Investments of India Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tube Investments of India Limited (2013–2025)
The table below shows the annual net assets of Tube Investments of India Limited from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹76.92 Billion | +14.05% |
| 2024-03-31 | ₹67.45 Billion | +36.11% |
| 2023-03-31 | ₹49.55 Billion | +33.02% |
| 2022-03-31 | ₹37.25 Billion | +48.55% |
| 2021-03-31 | ₹25.08 Billion | +38.84% |
| 2020-03-31 | ₹18.06 Billion | +14.93% |
| 2019-03-31 | ₹15.72 Billion | +14.48% |
| 2018-03-31 | ₹13.73 Billion | +7.32% |
| 2017-03-31 | ₹12.79 Billion | +15.52% |
| 2016-03-31 | ₹11.07 Billion | +2374538.10% |
| 2015-03-31 | ₹466.29K | -16.43% |
| 2014-03-31 | ₹557.99K | -7.14% |
| 2013-03-31 | ₹600.88K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tube Investments of India Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 4720079912200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹47.20 Billion | 85.26% |
| Common Stock | ₹193.50 Million | 0.35% |
| Other Comprehensive Income | ₹4.01 Billion | 7.24% |
| Other Components | ₹3.96 Billion | 7.14% |
| Total Equity | ₹55.36 Billion | 100.00% |
Tube Investments of India Limited Competitors by Market Cap
The table below lists competitors of Tube Investments of India Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Far Eastern New Century Corp
TW:1402
|
$3.01 Billion |
|
Getinge AB ser. B
ST:GETI-B
|
$3.01 Billion |
|
Blackstone Mortgage Trust Inc
NYSE:BXMT
|
$3.01 Billion |
|
Vallourec S.A
PINK:VLOUF
|
$3.01 Billion |
|
Constellium Nv
NYSE:CSTM
|
$3.01 Billion |
|
MediPal Holdings Corporation
PINK:MEPDF
|
$3.01 Billion |
|
Genting Berhad
PINK:GEBHY
|
$3.00 Billion |
|
Western Union Co
NYSE:WU
|
$3.00 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tube Investments of India Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 50,996,800,000 to 55,357,300,000, a change of 4,360,500,000 (8.6%).
- Net income of 6,737,100,000 contributed positively to equity growth.
- Dividend payments of 1,622,100,000 reduced retained earnings.
- Share repurchases of 11,069,600,000 reduced equity.
- New share issuances of 11,069,600,000 increased equity.
- Other comprehensive income increased equity by 58,200,000.
- Other factors decreased equity by 812,700,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹6.74 Billion | +12.17% |
| Dividends Paid | ₹1.62 Billion | -2.93% |
| Share Repurchases | ₹11.07 Billion | -20.0% |
| Share Issuances | ₹11.07 Billion | +20.0% |
| Other Comprehensive Income | ₹58.20 Million | +0.11% |
| Other Changes | ₹-812.70 Million | -1.47% |
| Total Change | ₹- | 8.55% |
Book Value vs Market Value Analysis
This analysis compares Tube Investments of India Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.60x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 450011.48x to 8.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | ₹0.01 | ₹2458.20 | x |
| 2014-03-31 | ₹0.01 | ₹2458.20 | x |
| 2015-03-31 | ₹0.00 | ₹2458.20 | x |
| 2016-03-31 | ₹54.55 | ₹2458.20 | x |
| 2017-03-31 | ₹63.36 | ₹2458.20 | x |
| 2018-03-31 | ₹67.81 | ₹2458.20 | x |
| 2019-03-31 | ₹78.83 | ₹2458.20 | x |
| 2020-03-31 | ₹92.16 | ₹2458.20 | x |
| 2021-03-31 | ₹121.91 | ₹2458.20 | x |
| 2022-03-31 | ₹158.89 | ₹2458.20 | x |
| 2023-03-31 | ₹204.22 | ₹2458.20 | x |
| 2024-03-31 | ₹263.49 | ₹2458.20 | x |
| 2025-03-31 | ₹285.94 | ₹2458.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tube Investments of India Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.17%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.56%
- • Asset Turnover: 1.19x
- • Equity Multiplier: 2.88x
- Recent ROE (12.17%) is above the historical average (10.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -12.13% | -263.78% | 0.04x | 1.07x | ₹-132.96K |
| 2014 | -7.69% | -135.57% | 0.05x | 1.06x | ₹-98.69K |
| 2015 | -6.06% | -98.47% | 0.06x | 1.00x | ₹-80.31K |
| 2016 | 0.00% | -65.81% | 0.00x | 3.37x | ₹-1.02 Billion |
| 2017 | 14.11% | 3.89% | 1.35x | 2.68x | ₹488.61 Million |
| 2018 | 11.58% | 3.08% | 1.43x | 2.64x | ₹201.59 Million |
| 2019 | 16.30% | 4.39% | 1.62x | 2.29x | ₹928.80 Million |
| 2020 | 17.67% | 6.76% | 1.47x | 1.78x | ₹1.33 Billion |
| 2021 | 11.90% | 4.71% | 0.65x | 3.91x | ₹440.27 Million |
| 2022 | 25.03% | 6.41% | 1.35x | 2.89x | ₹4.62 Billion |
| 2023 | 24.19% | 6.62% | 1.41x | 2.60x | ₹5.60 Billion |
| 2024 | 23.65% | 7.38% | 1.24x | 2.58x | ₹6.96 Billion |
| 2025 | 12.17% | 3.56% | 1.19x | 2.88x | ₹1.20 Billion |
Industry Comparison
This section compares Tube Investments of India Limited's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $13,869,360,529
- Average return on equity (ROE) among peers: 13.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tube Investments of India Limited (TIINDIA) | ₹113.52 Billion | -12.13% | 0.79x | $3.01 Billion |
| 3M India Limited (3MINDIA) | $21.47 Billion | 27.17% | 0.51x | $1.05 Billion |
| Balmer Lawrie & Company Limited (BALMLAWRIE) | $15.81 Billion | 7.61% | 0.50x | $123.07 Million |
| BEML Limited (BEML) | $21.83 Billion | 3.88% | 1.16x | $709.97 Million |
| Carborundum Universal Limited (CARBORUNIV) | $32.65 Billion | 14.13% | 0.27x | $1.06 Billion |
| Career Point Limited (CAREERP) | $428.15 Million | 36.42% | 0.38x | $4.97 Million |
| Cyient Limited (CYIENT) | $9.06 Billion | 17.38% | 0.24x | $822.46 Million |
| DCM Shriram Limited (DCMSHRIRAM) | $14.95 Billion | 13.57% | 2.18x | $450.11 Million |
| Excel Realty N Infra Limited (EXCEL) | $1.73 Billion | 0.40% | 0.03x | $3.49 Million |
| Godrej Industries Limited (GODREJIND) | $14.66 Billion | 11.45% | 1.47x | $650.30 Million |
| HBL Power Systems Limited (HBLPOWER) | $6.10 Billion | 3.04% | 2.17x | $661.89 Million |