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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Tube Investments of India Limited is an India-based engineering company. Its divisions include Mobility, Engineering, Metal-Formed Products, and Others. The Mobility division comprises standard bi-cycles, special bi-cycles, such as alloy bikes and specialty performance bikes,…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, stagnant business, reasonably priced.
Tube Investments of India is scored on the general / industrial framework. It keeps a slim 4.8% of every rupee of sales as net profit. Cash broadly tracks reported profit (CFO/PAT 1.04×). Free cash flow is worth about -6.7% of its market value.
Over the last 3 years revenue compounded at 15%/yr and profit at -6%/yr. Book value itself has compounded 42%/yr — the hallmark of a genuine compounder. Return on equity is a modest 8.3%. In the latest quarter profit grew 26% versus the prior quarter.
At 66× earnings, the stock sits at the 39th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~16%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 34.22 | 37.55 | better |
| P/B | 5.18 | 4.15 | worse |
| EV/EBITDA | 15.48 | 17.82 | better |
| ROE | 8.25 | 13.31 | worse |
| ROCE | 23.3 | 11.95 | better |
| ROA | 5.11 | 5.72 | worse |
| Quick Ratio | 1.43 | 3.56 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Cummins India | 49.9 | 13.5 | 27.1% |
| Welspun Corp | 24.6 | 5.5 | 22.3% |
| Indo-mim | 109.9 | 21.2 | 23.4% |
Revenue has grown every year across all 4 financial years shown. 15% CAGR over 3 years — steady double-digit compounder.
Revenue is outpacing profit (15% vs -5%) — costs are rising faster than the top line.
Operating margin has compressed from 10% to 8% — costs or competition are eating into profitability. Margins have declined for 3 consecutive years — watch for a structural cost problem.
ROE at 8% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 16pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. Profit grew faster than EPS (-5% vs -13%) — share dilution is eroding per-share value. -13% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Investing outflows exceed operating cash — the company relies on external funding to finance expansion. Raising capital despite positive cash flow — could signal expansion plans or opportunistic fundraising.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Run-rate stepping up — recent quarters average 10% above earlier ones.
Profit jumped 26% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters at 44.1% — dispersed ownership; institutional flows drive the stock.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.