Tube Investments of India Limited — Investor Meet, 18-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Tube Investments of India posted strong Q4 and FY26 financial results. The Board declared a final dividend of Rs.1.50 per share. Management reports bullish volume growth, actively addressing commodity and fuel cost pressures. EV demand is robust for heavy trucks and small CVs, with a strong order book, though deployment challenges exist. The 3-wheeler segment, after resolving a supplier issue, targets scaled production. Medical devices anticipate 15-20% growth, supported by an IV cannula acquisition. The CDMO plant begins commercial production next quarter. FY27 capex is estimated at Rs.300-350 Cr for core business and ~Rs.300 Cr for subsidiaries, reflecting strategic expansion.