Tube Investments of India Ltd

Press Meet‐ 4th September, 2009

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 TI down the years
1949 TI Cycles of India is
established in collaboration
with Tube Investments
Limited, UK.
1955 A backward integration into the
manufacture of tubes is initiated
through Tube Products of India..

1959 Tube Products of India Limited

merges with TI Cycles of India.
Name changed to Tube
Investments of India Limited. TI is
listed.
1962 Another backward integration is
initiated through a cold rolling mill
for the production of CR strips.
1967 TI makes its maiden bonus issue-one
for two shares held.

1979 TI makes a public issue of 5.5 Lakh

shares at par. Issue is oversubscribed
by more than 25 times.

1982 Foray into metal forming

for the automobile
industry through a new 2
factory at Avadi
 TI down the years
1985 TI makes a second bonus issue-one
for three shares held.

1989 TI issues rights of 10.29 Lakh shares

at Rs. 20 per share

1992 TI makes and issue of 36,70,595

partly convertible debentures of Rs.
100 each

1994 TI makes a GDR issue for $50

million

1995 TI issues its third bonus-one for

every three held

1996 EOU for tubes is established at Avadi

1997 A new tube plant at Shirwal in Satara

District is commissioned

1998 A new facility to produce car

doorframes for Maruti 800 is set up
at Bawal near Gurgaon (Haryana).
The Company sets up facilities for
producing doorframes for Hyundai
Santro at Nemilicherry factory.
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 TI down the years
1999 The company acquires a Tube Plant
at Mohali

2001 The company sets up a cycle

manufacturing plant at Nashik in
Maharashtra. Turnover and
profitability cross Rs. 1000 Cr and Rs.
50 Cr respectively

2002 Setting up of the R&D and

EDC center

2002 Oracle/ERP system gets

Implemented

2003 TI commissions a cycle assembly

plant at NOIDA and a doorframe
manufacturing plant at Halol,
Gujarat

2004 Fine Blanking division started

of in TIDC

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 TI down the years
2006 Setting up of Tubular Components
Division

2006 Foray into Roll-Formed sections for

Railways

2007 Introduction of BSA GO (Retail)

concept

2008 Launch of BSA motors

Setting up of the Pune Plant to cater

to the requirements of the Auto
Cluster in West

Establishment of a plant in
Uttarakhand to cater to the 2-WH
market of the north

2009 TII turnover crosses Rs. 2000

Crores

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 TII: Turnover & PAT
2500 2214
2000
1500
1000 782
500 24
0 PAT (Rs. Cr)

1974 1999 2009 72

80
Turnover (Rs. Cr) 60
40 28
20 3
0
1974 1999 2009
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 TI Cycles of India
• Sold over 3 M bicycles in 2008‐09

• No 2 in industry with 30% market share

• Leader and innovator in Specials segment

• Pioneering effort in Retailing

– 101 exclusive branded showrooms and 322 shop in shops
to enhance buying experience;
– Plan to increase this to 450 by Mar, 2010

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 TI Cycles of India
• Ultimate destination stores – Track & Trail

B I K I NG A ND B E YO ND

• Tie‐up with Cannondale & Bianchi

• Multi‐locational manufacturing ‐ 3 locations

• 1470 active distributors and outlets

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 TI Cycles of India: Way Forward
• From Cycles to Cycling
– Ground level activities to promote cycling
– Cycling in tourist destinations

• Further thrust on retailing & fitness equipment

• Higher value add bicycles – alloys / carbon fibre

• Enhance export of high value added products

• Focus on brand value enhancement through unique

designs

• Better after sales service through service camps etc

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 BSA Motors

• First to introduce range of models

• Completely equipped outlets for after sales

service

• Good testing and quality control facility to

provide reliable products

• Achieved 8% market share in 9 months

• 60 exclusive outlets in 48 cities in 9 states

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 BSA Motors: Way Forward

• 120 outlets in 12 states by March 2010

• Introduce products with advanced motor/

controller technology
– Better power & comfort

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 Tube Products of India
• Focus on niche/ specialty value added products in Cold
Rolled Steel Strips

• Leader in CDW precision tubes segment in India

– Market share of 60%

• Multi‐locational plants catering to all major auto OEMS

– 2 Wheeler, 4 Wheeler & Commercial vehicle segments

• Solution provider through tubular components

• Export of products to discerning North American &

European markets – 11% of division revenue

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Tube Products of India: Way Forward

• Thrust on value added products / solutions

• Tubes to cater to growth segments such as

infrastructure and energy industries

• Exports
– 20% of revenue

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 TIDC India
• Leader in auto and industrial chains
– Supplier to all two wheeler majors – market share of 30%
– Servicing various industries including cement and infrastructure
segments – market share of 41%

• A third of revenue from exports

• Presence in three locations

• Servicing global majors in USA and Europe

– John Deere
– Case New Holland
– Iwis Flexon

• State of the art equipment

– <100 PPM
– Fine blanked products catering to two wheeler industry
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 TIDC India: Way Forward

• Chain manufacturer to a Power Transmission

solutions provider

• Leverage infrastructure growth with Engineering

Class Chains

• Fine blanked products for non auto sector

• Enhance exports & drive growth

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 TI Metal Forming
• Leader in car doorframes
– 60% Market Share
– Dedicated supplier to Hyundai, Maruti, TATA, GM

• Presence in six locations

– To meet Customer need (JIT)

• Sections for Wagon and passenger coaches

– a third of revenue from this segment

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 TI Metal Forming: Way Forward

• Expansion of capacity for supply to railways

– Double turnover to Rs. 180 cr. in three years

• Plant at Sanand to cater to “Nano” requirement

• Enhance product portfolio for auto customers

• Additional value added parts for wagons and coaches

• Leverage facility for hydro‐forming

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 Tube Investments of India Ltd
• R&D / EDC centre to drive engineering excellence

• 8,000 employees across 14 locations

• Promoters of General Insurance Company

– Cholamandalam MS General Insurance Co Ltd

• Joint Venture with DBS Bank, Singapore in NBFC

– Cholamandalam DBS Finance Ltd

• High financial standing

– P1+ rating for short term and AA rating for long term

• Fully networked organisation across 45 business points

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 TII: Technologies Deployed
• Cold Rolling
• Surface Preparation
• Roll Forming & Stretch Forming
• Spot Welding
• Cold Extrusion
• Fine Blanking
• Annealing
• Normalizing
• Gas Carburising, Carbonitriding
• Induction Hardening
• Hard Metal Coating
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 TII: Current Position
• Leader – either No. 1 or No. 2 in all the
segments it is present in
– TICI – Leader in specials ; Market share of 30%
– TPI – Leader in CDW tubes‐ Market share of 60%
– TIDC – Leader in automotive and industrial chains
– Market share of 30% in auto chains and 41% in
industrial chains
– TIMF – leader in roll formed car doorframes and
cold rolled sections – Market share of about 60%
in car doorframes and 50% in wagons

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 Additional information: Please visit
• TI Cycles of India – www.ticyclesindia.com

• BSA Motors – www.bsamotorsindia.com

• Tube Products of India – www.tubeproductsindia.com

• TIDC India – www.tidcindia.in

• TI Metal Forming – www.timetalforming.com

• Tube Investments of India Ltd – www.tiindia.com

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The Theme

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 The Theme
• Faster
– Dynamic and fast growing environment – need to
grow in an accelerated fashion

• Fitter
– “Competitiveness” – key to success in global scenario
– Agile and fit to move swiftly

• Greener
– Need to be mindful of environment in all our actions
– Increase our presence in environment friendly
products
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 Events
• 1st Sunday of September ‐ ”BSA Hercules Cycling Day”
– Dedicated to people who love & respect their planet
– Contribute to the green cause

• Cycling event on 13th September in Noida, Nasik & Chennai

– Ride of 10 kms around the city for employees at these locations

• Series of Fun, Fitness & Freedom rides across cities

– Kick off in Bangalore ‐ 13th of September 2009
– Mumbai, Pune, Delhi & Hyderabad ‐ 20th of September 2009.

• Mega event on 21st of September, 2009 at Mayor Ramanathan

Chettiar Hall
– Celebratory function of 60 years of Tube Investments of India
Ltd
– Shri P Chidambaram, the Honorable Union Minister for Home
will be the Chief Guest

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 Events
• Partnering India’s biggest mass mobilizing cycling event – The
BSA Hercules Cyclathon.
– On 11th October 2009 in Bangalore
– Participation to touch over 7000 cyclists across age groups

• A function at each of the manufacturing locations involving

– Employees
– Customers
– Suppliers

• Tree planting in and around our plant locations

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Thank You

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