Tube Investments of India Full Year 2024 Earnings: EPS: ₹34.41 (vs ₹40.87 in FY 2023)

Simply Wall St

July 12, 2024

Tube Investments of India (NSE:TIINDIA) Full Year 2024 Results

Key Financial Results

Revenue: ₹163.4b (up 13% from FY 2023).
Net income: ₹6.65b (down 16% from FY 2023).
Profit margin: 4.1% (down from 5.5% in FY 2023). The decrease in margin was driven by higher expenses.
EPS: ₹34.41 (down from ₹40.87 in FY 2023).

revenue-and-expenses-breakdown — NSEI:TIINDIA Revenue and Expenses Breakdown July 12th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Tube Investments of India Earnings Insights

The primary driver behind last 12 months revenue was the Industrial Systems segment contributing a total revenue of ₹53.4b (33% of total revenue). Notably, cost of sales worth ₹112.1b amounted to 69% of total revenue thereby underscoring the impact on earnings.Explore how TIINDIA's revenue and expenses shape its earnings.

Looking ahead, revenue is expected to decline by 9.3% p.a. on average during the next 3 years, while revenues in the Auto Components industry in India are expected to grow by 9.8%.

Performance of the Indian Auto Components industry.

The company's shares are down 1.8% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Tube Investments of India's balance sheet health.

Valuation is complex, but we're here to simplify it.

Discover if Tube Investments of India might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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