Tube Investments of India (TIINDIA) Q1 26/27 earnings summary

Executive summary

• Standalone Q1 FY27 revenue rose to ₹2,366 Cr from ₹2,007 Cr year-over-year; PBT at ₹213 Cr versus ₹222 Cr last year.

• Consolidated Q1 FY27 revenue reached ₹6,215 Cr, up from ₹5,309 Cr year-over-year; consolidated PBT before exceptional items at ₹461 Cr versus ₹449 Cr last year.

• Free cash flow for the quarter was ₹174 Cr; annualized ROIC stood at 41% compared to 39% last year.

Financial highlights

• Standalone PAT for Q1 FY27 was ₹159 Cr, down from ₹168 Cr year-over-year.

• Consolidated PAT for Q1 FY27 was ₹294 Cr, down from ₹303 Cr year-over-year.

• Standalone EPS for Q1 FY27 was ₹8.19 (basic and diluted); consolidated EPS was ₹8.71 (basic) and ₹8.70 (diluted).

• Networth at quarter-end: standalone ₹5,968 Cr; consolidated ₹7,751 Cr.

Outlook and guidance

• Management continues to monitor the impact of new labour codes and will adjust accounting as clarifications are issued.