Gandhi Special Tubes
- Market cap
- ₹ 1,035 Cr.
- P/E
- 12.6x
- P/B
- 3.33x
- 52-week range
- 681.05 – 1,046.6
- ROE
- 20%
- ROCE
- 28%
- Dividend yield
- 1.7%
- Debt / equity
- 0
- Sector
- Industrial Products
- Industry
- Iron & Steel Products
- Listed on
- NSE, BSE
About
Gandhi Special Tubes Limited is an India-based company, which is engaged in manufacturing of seamless and welded steel tubes, nuts, and generation of wind power. The Company’s products include seamless steel tubes, high-pressure tubes, welded tubes, and coupling nuts. The Company is specialized in the manufacturing of welded tubes, cold formed coupling nuts and seamless tubes in various sizes and specifications. The Company manufactures automobile components and cold formed tube nuts for fuel injection tube assemblies, hydraulic and other tube assemblies. Its products are supplied to the original equipment manufacturers of the automotive sector, farm equipment manufacturers, construction equipment manufacturers, and other engineering industries. Its seamless steel tube product applications are automobiles, hydraulics, tractors, earthmovers, and general engineering. It has a plant located at Halol in Gujarat, and windmills at Bhogat and Kutch in Gujarat.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Iron & Steel Products: 148 companies →Gandhi Special Tubes against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)12.6 against a typical 18.6: cheaper than most peers (1st = cheapest).48th of 146
- Sales growth+18.8% against a typical +13.1% from a year earlier.49th of 117
- Profit growth+27.3% against a typical +26.2% from a year earlier.51st of 105
- Share price, 3 months−3.3% against a typical −3.1%.70th of 135
- Size₹ 1,035.4 Cr. market value against a typical ₹ 156.5 Cr. (1st = largest).34th of 135
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 3 Nov 2026Upcoming | Financial Results | To consider and approve the unaudited financial results for the period ended September 30, 2026 |
| 12 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 25 May 2026 | Financial Results/Dividend/Buyback | To consider and approve the financial results for the period ended March 31, 2026, dividend and buyback for equity shares |
| 10 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 10 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 11 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 28 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | 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 | 44 | 41 | 39 | 41 | 49 | 40 | 43 | 48 | 48 | 48 | 47 | 57 |
| Expenses | 28 | 26 | 24 | 25 | 29 | 23 | 27 | 27 | 27 | 26 | 28 | 31 |
| Operating Profit | 16 | 16 | 16 | 16 | 20 | 17 | 16 | 21 | 21 | 22 | 19 | 27 |
| OPM % | 36% | 38% | 40% | 39% | 41% | 42% | 37% | 43% | 44% | 46% | 41% | 47% |
| Other Income | 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 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 18 | 18 | 18 | 18 | 23 | 18 | 17 | 28 | 23 | 26 | 13 | 36 |
| Tax % | 25% | 25% | 25% | 22% | 25% | 15% | 31% | 23% | 24% | 25% | 30% | 23% |
| Net Profit | 13 | 13 | 13 | 14 | 17 | 15 | 12 | 22 | 18 | 20 | 9 | 28 |
| EPS in Rs | 10.9 | 10.87 | 10.99 | 11.78 | 14.2 | 12.48 | 9.83 | 17.78 | 14.56 | 16.21 | 7.7 | 22.99 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 8%
- 5 Years
- 11%
- 3 Years
- 5%
- TTM
- 12%
- 10 Years
- 12%
- 5 Years
- 10%
- 3 Years
- 9%
- TTM
- 14%
- 10 Years
- 11%
- 5 Years
- 14%
- 3 Years
- 10%
- TTM
- —
- 10 Years
- 20%
- 5 Years
- 22%
- 3 Years
- 21%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Gandhi Special Tubes | ₹ 865.65 | ₹ 1,035 Cr. | 12.6x | 3.3x | 20% | — |
| Grindwell Norton | ₹ 1,858.00 | ₹ 20,572 Cr. | 55.4x | 9.1x | 17.4% | 13.6% |
| Carborundum Universal | ₹ 1,031.30 | ₹ 19,647 Cr. | 71.3x | 5.2x | 5.2% | 3.2% |
| Kajaria Ceramics | ₹ 1,137.65 | ₹ 17,896 Cr. | 38x | 6.4x | 16.8% | 10.2% |
| Century Plyboards (India) | ₹ 636.25 | ₹ 14,165 Cr. | 65.9x | 6.8x | 10.6% | 5% |
| Jindal SAW | ₹ 233.30 | ₹ 14,864 Cr. | 17.4x | 1.4x | — | 3.3% |
Management
- Manhar Gordhandas Gandhi
- Executive Chairman of the board, Managing Director
- Shobhana Rajan Vartak
- Chief Financial Officer
- Chaitali Kirti Kachalia
- Compliance Officer, Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.