Gandhi Special Tubes
GANDHITUBE NSE
Gandhi Special Tubes
Industrial ProductsNSE: GANDHITUBE BSE: 513108 Iron & Steel Products
Key Fundamentals
MicrocapIron & Steel ProductsIndustrial ProductsMarket Cap
₹1,081 Cr
Volatility
Moderate
P/E Ratio
14.44
EBITDA
₹95.40 Cr
Return on Equity
21.64%
Debt to Equity
0
Book Value
₹260
EPS
₹44.54
52W High
₹1,010
52W Low
₹681.05
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
3- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 28.7%
Weaknesses
1- The company has delivered a poor sales growth of 11.0% over past five years.
Growth Rate
Revenue Growth
10.41% higher than
3Y
Net Income Growth
16.52% higher than
3Y
Cash Flow Change
17.32% lower than
3Y
ROE
-1.99% lower than
3Y
ROCE
-0.25% higher than
3Y
EBITDA Margin (Avg.)
7.67% lower than
3Y
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 46 | 44 | 41 | 39 | 41 | 49 | 40 | 43 | 48 | 48 | 48 | 47 | 57 |
| Expenses | 29 | 28 | 26 | 24 | 25 | 29 | 23 | 27 | 27 | 27 | 26 | 28 | 31 |
| Operating Profit | 17 | 16 | 16 | 16 | 16 | 20 | 17 | 16 | 21 | 21 | 22 | 19 | 27 |
| OPM % | 37% | 36% | 38% | 40% | 39% | 41% | 42% | 37% | 43% | 44% | 46% | 41% | 47% |
| Other Income | 4 | 3 | 3 | 3 | 3 | 4 | 2 | 2 | 8 | 3 | 5 | -5 | 10 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| PBT | 20 | 18 | 18 | 18 | 18 | 23 | 18 | 17 | 28 | 23 | 26 | 13 | 36 |
| Tax % | 23% | 25% | 25% | 25% | 22% | 25% | 15% | 31% | 23% | 24% | 25% | 30% | 23% |
| Net Profit | 16 | 13 | 13 | 13 | 14 | 17 | 15 | 12 | 22 | 18 | 20 | 9 | 28 |
| EPS in Rs | 12.98 | 10.9 | 10.87 | 10.99 | 11.78 | 14.2 | 12.48 | 9.83 | 17.78 | 14.56 | 16.21 | 7.7 | 22.99 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 92 | 91 | 98 | 114 | 123 | 81 | 114 | 137 | 167 | 171 | 173 | 192 | 201 |
| Expenses | 69 | 64 | 65 | 73 | 77 | 57 | 69 | 88 | 107 | 107 | 104 | 108 | 111 |
| Operating Profit | 23 | 27 | 33 | 41 | 46 | 24 | 45 | 49 | 61 | 64 | 68 | 84 | 89 |
| OPM % | 25% | 30% | 34% | 36% | 37% | 30% | 39% | 36% | 36% | 38% | 40% | 44% | 45% |
| Other Income | 4 | 3 | 10 | 8 | 8 | 6 | 6 | 5 | 5 | 12 | 12 | 11 | 13 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 5 | 5 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| PBT | 23 | 25 | 38 | 45 | 50 | 26 | 48 | 50 | 63 | 73 | 77 | 91 | 99 |
| Tax % | 31% | 26% | 19% | 26% | 22% | 18% | 24% | 24% | 25% | 24% | 24% | 25% | — |
| Net Profit | 16 | 19 | 31 | 34 | 39 | 21 | 36 | 39 | 47 | 56 | 59 | 68 | 75 |
| EPS in Rs | 10.75 | 12.62 | 20.96 | 24.29 | 27.96 | 16.54 | 27.98 | 31.74 | 38.96 | 45.74 | 48.28 | 56.25 | 61.46 |
| Div. Payout % | 70% | 59% | 43% | 37% | 32% | 54% | 32% | 32% | 31% | 28% | 31% | 27% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Reserves | 153 | 158 | 180 | 170 | 194 | 140 | 165 | 141 | 176 | 217 | 260 | 310 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 14 | 15 | 18 | 20 | 20 | 15 | 20 | 19 | 20 | 20 | 20 | 24 |
| Total Liabilities | 174 | 180 | 206 | 197 | 221 | 162 | 192 | 166 | 202 | 243 | 286 | 340 |
| Fixed Assets | 63 | 59 | 55 | 51 | 51 | 48 | 45 | 47 | 44 | 43 | 43 | 42 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 65 | 82 | 104 | 99 | 120 | 69 | 94 | 73 | 85 | 132 | 170 | 213 |
| Other Assets | 46 | 40 | 46 | 47 | 50 | 44 | 53 | 47 | 73 | 68 | 73 | 85 |
| Total Assets | 174 | 180 | 206 | 197 | 221 | 162 | 192 | 166 | 202 | 243 | 286 | 340 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 15 | 29 | 21 | 32 | 31 | 19 | 32 | 42 | 45 | 26 | 47 | 55 |
| Investing | -1 | -14 | -5 | 13 | -17 | 56 | -20 | 22 | -7 | -37 | -30 | -34 |
| Financing | -13 | -13 | -16 | -44 | -15 | -76 | -12 | -64 | -12 | -15 | -16 | -18 |
| Net Cash Flow | 0 | 1 | 0 | 1 | -1 | -1 | 1 | 0 | 26 | -25 | 1 | 3 |
| Free Cash Flow | 11 | 28 | 20 | 32 | 27 | 18 | 31 | 38 | 44 | 25 | 43 | 53 |
| CFO/OP | 95 | 134 | 81 | 109 | 91 | 107 | 97 | 110 | 100 | 66 | 96 | 93 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 50 | 65 | 61 | 62 | 46 | 66 | 82 | 44 | 39 | 42 | 47 | 39 |
| Inventory Days | 300 | 186 | 288 | 197 | 231 | 308 | 204 | 179 | 138 | 233 | 266 | 313 |
| Days Payable | 13 | 10 | 10 | 16 | 15 | 12 | 17 | 10 | 9 | 9 | 11 | 10 |
| Cash Conversion Cycle | 337 | 240 | 339 | 243 | 262 | 362 | 269 | 213 | 168 | 265 | 302 | 341 |
| Working Capital Days | 152 | 120 | 139 | 107 | 113 | 168 | 122 | 92 | 72 | 115 | 120 | 120 |
| ROCE % | 13% | 15% | 21% | 25% | 26% | 15% | 30% | 30% | 36% | 32% | 28% | 28% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Gandhi Special Tubes insights
61 extracted metrics + investor summaries across FY02–FY26.
Documents
1
Announcement under Regulation 30 (LODR)-Newspaper Publication
23 Apr - Newspaper Advertisement - Opening of Special Window for lodgement / re lodgement of transfer of shares in physical form as per SEBI Circular 23 Apr - Newspaper Advertisement - Opening of Special Window for lodgement / re lodgement of transfer of shares in physical form as per SEBI Circular
2
Announcement under Regulation 30 (LODR)-Newspaper Publication
12h - Newspaper Advertisement - Opening of Special Window for lodgement / re lodgement of transfer of shares in physical form as per SEBI Circular 12h - Newspaper Advertisement - Opening of Special Window for lodgement / re lodgement of transfer of shares in physical form as per SEBI Circular
3
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
16 Apr - Company confirms it is not a Large Corporate for FY 2025-26; initial disclosure not required. 16 Apr - Company confirms it is not a Large Corporate for FY 2025-26; initial disclosure not required.
4
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Apr - Submitted Regulation 74(5) compliance certificate for quarter ended 31 March 2026. 6 Apr - Submitted Regulation 74(5) compliance certificate for quarter ended 31 March 2026.
Frequently Asked Questions about Gandhi Special Tubes
What does Gandhi Special Tubes Ltd do?
Incorporated in 1959, Gandhi Special Tubes Ltd deals in manufacturing of Seamless and Welded Steel Tubes, Nuts and generation of Wind Power [1]
Where is Gandhi Special Tubes Ltd (GANDHITUBE) listed?
Gandhi Special Tubes Ltd trades as GANDHITUBE on the NSE and under code 513108 on the BSE.
Which sector does Gandhi Special Tubes Ltd belong to?
Gandhi Special Tubes Ltd is classified under the Industrial Products sector, in the Iron & Steel Products industry.
What is the market capitalisation of Gandhi Special Tubes Ltd?
Gandhi Special Tubes Ltd has a market capitalisation of ₹1,081 Cr, which places it in the Small Cap band.
What is the PE ratio of Gandhi Special Tubes Ltd?
Gandhi Special Tubes Ltd trades at a PE ratio of 14.44, on earnings per share of ₹44.54, against a book value of ₹260 per share.
What is the 52-week high and low of Gandhi Special Tubes Ltd?
Over the last 52 weeks Gandhi Special Tubes Ltd has traded between ₹681.05 and ₹1,010.
Does Gandhi Special Tubes Ltd pay dividends?
Gandhi Special Tubes Ltd has a dividend yield of 1.67%.
What is the Return on Equity (ROE) of Gandhi Special Tubes Ltd?
Gandhi Special Tubes Ltd reported a return on equity of 21.64%. Its debt-to-equity ratio is 0.00.
Company Information
Incorporated in 1959, Gandhi Special Tubes Ltd deals in manufacturing of Seamless and Welded Steel Tubes, Nuts and generation of Wind Power [1]
Website gandhitubes.com
CEO Mr. Manharlal Gordhandas Gandhi
Employees 385
Listed 2002-01-03
Face Value ₹ 5
Issued Size 1,21,52,000
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