Gandhi Special Tubes Ltd
NSE: GANDHITUBE BSE: 513108Metal
Incorporated in 1959, Gandhi Special Tubes Ltd deals in manufacturing of Seamless and Welded Steel Tubes, Nuts and generation of Wind Power [1]
₹849
52W: ₹650 — ₹1034
PE 14.4 · Book ₹236 · +260% vs bookMarket Cap₹1,032 Cr
Stock P/E14.4Price to Earnings
ROCE27.5%Return on Capital
ROE21%Return on Equity
Div. Yield1.77%Face Value ₹5
Strengths
- +Company is almost debt free.
- +Company has been maintaining a healthy dividend payout of 30.1%
Shareholding Pattern
Promoters73.52%
FIIs1.23%
DIIs0.06%
Public25.19%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 73.52% | 73.52% | 73.52% | 73.52% | 73.52% | 73.52% | 73.52% | 73.52% |
| FIIs | 1.43% | 1.42%▼0.0 | 1.42% | 1.41%▼0.0 | 1.4%▼0.0 | 1.23%▼0.2 | 1.23% | 1.23% |
| DIIs | 0% | 0% | 0.04%▲0.0 | 0.04% | 0.05%▲0.0 | 0.05% | 0.09%▲0.0 | 0.06%▼0.0 |
| Public | 25.06% | 25.04%▼0.0 | 25.02%▼0.0 | 25.02% | 25.02% | 25.19%▲0.2 | 25.17%▼0.0 | 25.19%▲0.0 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 44 | 41 | 39 | 41 | 49 | 40 | 43 | 48 | 48 | 48 |
| Expenses | 28 | 26 | 24 | 25 | 29 | 23 | 27 | 27 | 27 | 26 |
| Operating Profit | 16 | 16 | 16 | 16 | 20 | 17 | 16 | 21 | 21 | 22 |
| OPM % | 36% | 38% | 40% | 39% | 41% | 42% | 37% | 43% | 44% | 46% |
| Net Profit | 13 | 13 | 13 | 14 | 17 | 15 | 12 | 22 | 18 | 20 |
| EPS ₹ | 10.9 | 10.87 | 10.99 | 11.78 | 14.2 | 12.48 | 9.83 | 17.78 | 14.56 | 16.21 |
AI Insights
Revenue Trend
TTM revenue at ₹188Cr, up 8.7% YoY. OPM at 43%.
Debt Position
Borrowings at ₹0Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.
Institutional Flow
DIIs: 0.06% (+0.06pp change). FIIs: 1.23% (-0.26pp change). Promoters hold 73.52%.
Margin & Efficiency
ROCE improving from 15% (Mar 2014) to 28% (Mar 2025). Working capital days: 124.
Valuation
PE 14.4x with 27.5% ROCE. Price is 260% above book value of ₹236. Dividend yield: 1.77%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 14 May - Newspaper Advertisement - Transfer of Equity Shares to IEPF
- 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
- 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.
- 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.
- Closure of Trading Window 27 Mar
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse