Tube Investments of India reported a robust financial performance for the quarter and year ended March 31, 2026. The company achieved standalone revenue of ₹2,279 crore for the final quarter and ₹8,556 crore for the full year. Driven by strong business performance, the Board has recommended a final dividend of ₹1.50 per share, bringing the total dividend for the year to ₹3.50 per share, while announcing plans for ₹350 crore in long-term borrowing.
Financial Highlights for the Year
The company concluded the fiscal year with strong momentum, reporting a standalone revenue of ₹8,556 crore, up from ₹7,893 crore in the previous year. Profit before tax stood at ₹1,082.80 crore, reflecting the company’s resilient operations across its diverse business segments. On a consolidated basis, revenue for the year reached ₹22,847 crore, underscoring the significant contribution of its subsidiaries, including CG Power and Industrial Solutions.
Strategic Business Performance
The Engineering business remains a core pillar, contributing ₹5,612 crore to the annual revenue, with a profit of ₹689 crore. Meanwhile, the Metal Formed Products division posted a revenue of ₹1,603 crore. The company continues to invest in growth, having deployed ₹100 crore and ₹250 crore respectively into its subsidiaries, 3xper Innoventure Limited and TI Clean Mobility Private Limited, during the year, alongside a strategic 76.24% acquisition of Orange Koi Private Limited to bolster its future capabilities.
Dividend and Governance
Reflecting its commitment to shareholder value, the Board has recommended a final dividend of ₹1.50 per equity share. When added to the interim dividend of ₹2.00 per share paid in February 2026, the total dividend for FY 2025-26 amounts to ₹3.50 per share. Additionally, the company announced that its 18th Annual General Meeting is scheduled for August 14, 2026, to be conducted via video conferencing.
Capital and Growth Initiatives
To support its ongoing expansion and fund requirements for FY 2026-27, the Board has approved long-term borrowing of up to ₹350 crore. This funding will be executed through term loans or the issuance of privately placed non-convertible debentures, ensuring the company maintains the necessary financial flexibility to pursue its strategic objectives in the coming year.
Source: BSE
