Results Snapshot
Figures in Cr
Consolidate Nine Monthly Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
16,632.69
14,314.69
12,400.22
11,186.49
9,110.34
3,350.48
3,719.37
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
16,632.69
14,314.69
12,400.22
11,186.49
9,110.34
3,350.48
3,719.37
Raw Material Cost
10,425.79
8,811.88
7,698.52
6,934.46
5,881.45
1,770.93
1,875.99
Purchase of Finished goods
683.77
716.34
508.62
490.26
303.75
92.20
112.33
(Increase) / Decrease In Stocks
-208.98
-139.33
-131.11
-69.73
-167.81
32.27
149.41
Employee Cost
1,664.25
1,313.01
1,086.70
888.02
769.50
464.40
431.30
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
11.30
0.00
0.00
0.00
0.00
0.00
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
2,381.32
2,103.15
1,739.31
1,548.55
1,225.34
629.15
699.31
Total Expenditure (Excl Depreciation)
14,957.45
12,805.05
10,902.04
9,791.56
8,012.23
2,988.95
3,268.34
Operating Profit (PBDIT) excl Other Income
1,675.24
1,509.64
1,498.18
1,394.93
1,098.11
361.53
451.03
Other Income
270.12
212.81
168.34
97.17
76.31
33.23
44.13
Operating Profit (PBDIT)
1,945.36
1,722.45
1,666.52
1,492.10
1,174.42
394.76
495.16
Interest
46.20
46.98
37.27
31.03
66.70
24.57
24.73
Exceptional Items
-56.99
0.00
541.85
33.07
-0.16
-18.96
0.00
Gross Profit (PBDT)
1,842.17
1,675.47
1,635.45
1,493.69
1,127.93
351.23
470.43
Depreciation
489.35
355.53
338.72
271.45
282.51
153.12
134.61
Profit Before Tax
1,352.74
1,319.87
1,296.59
1,218.42
845.39
198.11
335.82
Tax
468.34
423.49
373.37
358.24
118.44
55.34
82.32
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
884.48
896.45
923.36
864.00
726.98
142.77
253.50
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
535.65
0.45
-0.16
0.01
0.00
Net Profit
884.48
896.45
1,459.01
864.45
726.82
142.78
253.50
Share in Profit of Associates
-0.27
-0.35
-0.48
-16.79
-0.03
0.00
0.00
Minority Interest
-106.60
-95.80
145.72
-26.14
62.89
1.59
-3.49
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
551.39
627.18
1,014.83
643.74
567.36
140.09
246.87
Equity Capital
19.35
19.35
19.34
19.31
19.29
19.27
18.78
Face Value
1.0
1.0
1.0
1.0
1.0
1.0
1.0
Reserves
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Diluted Earnings per share
8.57
9.99
27.56
11.88
14.42
5.57
4.25
Operating Profit Margin (Excl OI)
10.07%
10.55%
12.08%
12.47%
12.05%
10.79%
12.13%
Gross Profit Margin
11.08%
11.7%
13.19%
13.35%
12.38%
10.48%
12.65%
PAT Margin
5.32%
6.26%
7.45%
7.72%
7.98%
4.26%
6.82%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Nine Monthly Analysis Highlights
Net Sales
YoY Growth in nine months ended Dec 2025 is 16.19% vs 15.44% in Dec 2024
Consolidate Net Profit
YoY Growth in nine months ended Dec 2025 is -12.08% vs -38.20% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in nine months ended Dec 2025 is 10.97% vs 0.76% in Dec 2024
Interest
YoY Growth in nine months ended Dec 2025 is -1.66% vs 26.05% in Dec 2024
Operating Profit Margin (Excl OI)
YoY Growth in nine months ended Dec 2025 has fallen from Dec 2024
Compare Nine Monthly Results Of Tube Investments With
Figures in Cr
Consolidate Nine Monthly Results
Change(INR)
Change(%)
Net Sales
16,632.69
6,961.65
9,671.04
138.92%
Other Operating Income
0.00
0.00
0.00
Total Operating income
16,632.69
6,961.65
9,671.04
138.92%
Raw Material Cost
10,425.79
2,934.71
7,491.08
255.26%
Purchase of Finished goods
683.77
1,452.08
-768.31
-52.91%
(Increase) / Decrease In Stocks
-208.98
-119.50
-89.48
-74.88%
Employee Cost
1,664.25
437.25
1,227.00
280.62%
Power Cost
0.00
0.00
0.00
Manufacturing Expenses
11.30
0.00
11.30
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
2,381.32
978.21
1,403.11
143.44%
Total Expenditure (Excl Depreciation)
14,957.45
5,682.75
9,274.70
163.21%
Operating Profit (PBDIT) excl Other Income
1,675.24
1,278.90
396.34
30.99%
Other Income
270.12
104.97
165.15
157.33%
Operating Profit (PBDIT)
1,945.36
1,383.87
561.49
40.57%
Interest
46.20
3.61
42.59
1,179.78%
Exceptional Items
-56.99
0.00
-56.99
Gross Profit (PBDT)
1,842.17
1,380.26
461.91
33.47%
Depreciation
489.35
251.70
237.65
94.42%
Profit Before Tax
1,352.74
1,128.56
224.18
19.86%
Tax
468.34
300.57
167.77
55.82%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
884.48
827.99
56.49
6.82%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
884.48
827.99
56.49
6.82%
Share in Profit of Associates
-0.27
0.00
-0.27
Minority Interest
-106.60
0.00
-106.60
Other related items
0.00
0.00
0.00
Consolidated Net Profit
551.39
827.99
-276.60
-33.41%
Equity Capital
19.35
31.26
-11.91
-38.10%
Face Value
1.00
2.00
0.00
Reserves
0.00
0.00
0.00
Gross Profit Margin
11.08%
19.83%
0.00
-8.75%
PAT Margin
5.32%
11.89%
0.00
-6.57%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Nine Monthly - Net Sales
Net Sales 16,632.69 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is 16.19% vs 15.44% in Dec 2024
Nine Monthly - Consolidate Net Profit
Consolidate Net Profit 551.39 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is -12.08% vs -38.20% in Dec 2024
Nine Monthly - Operating Profit (PBDIT)
Operating Profit (PBDIT) 1,675.24 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is 10.97% vs 0.76% in Dec 2024
Nine Monthly - Interest
Interest 46.20 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is -1.66% vs 26.05% in Dec 2024
Nine Monthly - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 10.07%
in Dec 2025Figures in %
YoY Growth in nine months ended Dec 2025 has fallen from Dec 2024






