Tube Investments of India Limited has scheduled its 18th Annual General Meeting on August 14, 2026, at 3:30 P.M. IST via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The Board of Directors has recommended a final dividend of ₹1.50 per equity share for FY 2025-26. Combined with an interim dividend of ₹2 per share paid on February 25, 2026, the total dividend for FY26 amounts to ₹3.50 per share, consistent with the dividend per share paid in each of the preceding four financial years.

Meeting and Dividend Details

The AGM agenda includes adoption of standalone and consolidated financial statements for FY 2025-26, declaration of the final dividend, re-appointment of Mr. Vellayan Subbiah as Director retiring by rotation, and appointment of M/s. Price Waterhouse Chartered Accountants LLP as Statutory Auditors for five years. The Board approved an aggregate annual remuneration of ₹95 lakhs for the auditors for FY 2026-27 and FY 2027-28. Additionally, the meeting will ratify the remuneration of ₹3.85 lakhs to M/s. S Mahadevan & Co. as Cost Auditors for FY 2026-27 and approve payment of commission to non-executive directors not exceeding 1% of net profits per annum for five financial years commencing April 1, 2026.

FY 2025-26 Standalone Financial Performance

Tube Investments delivered steady standalone performance in FY 2025-26, with net sales growing 9% year-on-year to ₹8,072 crore. Profit Before Tax (PBT), before exceptional items and fair value adjustments, stood at ₹1,099 crore. Return on Invested Capital (ROIC) remained robust at 43.70%, and Free Cash Flow amounted to ₹826 crore. The company moved to a net surplus position of ₹380 crore from a net debt of ₹12 crore in the prior year.

Segment-wise and Consolidated Performance

All four business segments contributed to growth. The Engineering segment led with 12% revenue growth, while Mobility posted the highest growth rate at 17%. On a consolidated basis, the Group achieved revenue from operations of ₹22,221.18 crore in FY 2025-26, compared to ₹18,915.14 crore in the prior year. Profit Before Exceptional Items and Tax stood at ₹1,936.85 crore versus ₹1,801.33 crore previously. Profit After Tax from continuing operations was ₹1,116.27 crore.

Subsidiary CG Power and Industrial Solutions Limited delivered consolidated revenue of ₹12,418 crore and Profit Before exceptional items and tax of ₹1,626 crore. Shanthi Gears Limited recorded revenue of ₹519 crore with Profit Before exceptional items and tax of ₹107 crore. TI Clean Mobility Private Limited recorded standalone revenue of ₹248 crore and a loss before tax of ₹264 crore. TI Medical Private Limited recorded revenue of ₹210 crore and profit before tax of ₹14 crore.

Key Corporate Developments

During FY 2025-26, the company invested ₹250 crore in Series C Compulsorily Convertible Preference Shares of TI Clean Mobility Private Limited and ₹100 crore in preference shares of 3xper Innoventure Limited. TI Medical completed the acquisition of Medicura Devices Private Limited's manufacturing facility for approximately ₹34 crore. In April 2026, the company acquired 76.24% of Orange Koi Private Limited for a total consideration of ₹35 crore, making it a subsidiary. The company's CSR spend for FY 2025-26 was ₹14.80 crore against a statutory requirement of ₹14.31 crore.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE974X01010/3d50a4f71df44de2.pdf

Tube Investments of India Limited filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. The report outlines the company's performance across environmental, social, and governance parameters, including energy consumption, waste management, and employee welfare. Sundaram & Srinivasan, Chartered Accountants, provided reasonable assurance for the identified sustainability information.

Environmental Performance

The company reported a total energy consumption of 16,07,325 GJ for FY26, with renewable sources contributing 5,09,731 GJ. Energy intensity per rupee of turnover remained constant at 199 GJ/₹ Cr compared to the previous year. Tube Investments achieved 100% Zero Liquid Discharge, utilizing Effluent Treatment Plants (ETPs) and Sewage Treatment Plants (STPs) to treat and reuse water.

Total greenhouse gas emissions, comprising Scope 1 and Scope 2, stood at 99,603 metric tonnes of CO2 equivalent. The company expanded its Scope 3 emissions assessment to cover all ten applicable categories, reporting 4,97,139 metric tonnes of CO2 equivalent for FY26. Waste generation totaled 1,32,976 metric tonnes, with 1,27,503 metric tonnes recovered through recycling and other recovery operations.

Social and Governance Metrics

The company employed 1,767 permanent employees and 13,508 workers as of March 31, 2026. Spending on well-being measures accounted for 1.01% of total revenue. The Lost Time Injury Frequency Rate (LTIFR) improved to 0.007 per million person hours worked from 0.015 in the previous year. There were no fatalities reported among employees or workers during the year.

Tube Investments confirmed compliance with all applicable environmental laws and regulations. The report disclosed no fines, penalties, or instances of data breaches during the financial year. The company’s Board of Directors oversees the implementation of the Business Responsibility policy, with Mr. Mukesh Ahuja, Managing Director, serving as the highest authority responsible for sustainability matters.

Key Sustainability Data FY26