Tube Investments Reports ₹8,556 Cr FY26 Revenue; CG Power Revenue Surges 22%

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AuthorIshaan Verma|Published at:
Tube Investments Reports ₹8,556 Cr FY26 Revenue; CG Power Revenue Surges 22%
Overview

Tube Investments of India reported ₹8,556 Crores in standalone revenue for the fiscal year ended March 2026. Its subsidiary, CG Power, achieved a significant 22% revenue increase and secured a large export order, as the parent company expands into electric vehicles and semiconductors.

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Tube Investments of India FY26 Financials Show Strong Growth and New Ventures

Tube Investments of India Limited (TII) announced its financial results for the fiscal year ending March 31, 2026, reporting standalone revenue of ₹8,556 Crores. The company also posted standalone Profit Before Tax (PBT) of ₹1,099 Crores and generated Free Cash Flow (FCF) of ₹826 Crores, achieving a pre-tax Return on Invested Capital (ROIC) of 44%.

Key Financial Highlights for FY26

TII's financial performance was bolstered by its subsidiary, CG Power and Industrial Solutions. CG Power reported standalone revenue of ₹11,331 Crores, marking a 22% increase from the previous year. On a consolidated basis, CG Power's revenue grew to ₹12,418 Crores, a 25% jump for the same period.

Strategic Expansion into Future Sectors

The company's results reflect a robust financial position and a clear strategy to tap into high-growth sectors. CG Power's strong performance, combined with a significant export order valued at ₹900 Crores, contributed positively to the group's overall results. TII is actively expanding its presence in the electric vehicle (EV) market through its subsidiary TI Clean Mobility (TICMPL) and in the semiconductor industry via its recent acquisition of Renseas Electronics' business.

Future Outlook and Risks

Looking ahead, TII will focus on scaling its existing operations and integrating new strategic initiatives. Key developments to monitor include the successful execution of CG Power's substantial export order and the ramp-up of its semiconductor business. Potential challenges include navigating the competitive EV market and managing the integration of new acquisitions. Investors will be watching the performance of the semiconductor division and the market traction of TII's EV products.

Industry Context

CG Power's 22% standalone revenue growth places it competitively within the industrial solutions sector. Competitors such as ABB India and Siemens India operate in similar spaces, also targeting opportunities in industrial automation and power solutions.

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Disclaimer:This content is for educational and informational purposes only and does not constitute investment, financial, or trading advice, nor a recommendation to buy or sell any securities. Readers should consult a SEBI-registered advisor before making investment decisions, as markets involve risk and past performance does not guarantee future results. The publisher and authors accept no liability for any losses. Some content may be AI-generated and may contain errors; accuracy and completeness are not guaranteed. Views expressed do not reflect the publication’s editorial stance.