Gandhi Special Tubes Ltd
Incorporated in 1959, Gandhi Special Tubes Ltd deals in manufacturing of Seamless and Welded Steel Tubes, Nuts and generation of Wind Power [1]
- Market Cap ₹ 1,051 Cr.
- Current Price ₹ 866
- High / Low ₹ 929 / 580
- Stock P/E 15.9
- Book Value ₹ 219
- Dividend Yield 1.73 %
- ROCE 27.5 %
- ROE 21.0 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 30.1%
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Iron & Steel Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
84 | 92 | 91 | 98 | 114 | 123 | 81 | 114 | 137 | 167 | 171 | 173 | 180 | |
57 | 69 | 64 | 65 | 73 | 77 | 57 | 69 | 88 | 107 | 107 | 104 | 106 | |
Operating Profit | 26 | 23 | 27 | 33 | 41 | 46 | 24 | 45 | 49 | 61 | 64 | 68 | 73 |
OPM % | 31% | 25% | 30% | 34% | 36% | 37% | 30% | 39% | 36% | 36% | 38% | 40% | 41% |
8 | 4 | 3 | 10 | 8 | 8 | 6 | 6 | 5 | 5 | 12 | 12 | 17 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 |
Profit before tax | 29 | 23 | 25 | 38 | 45 | 50 | 26 | 48 | 50 | 63 | 73 | 77 | 86 |
Tax % | 41% | 31% | 26% | 19% | 26% | 22% | 18% | 24% | 24% | 25% | 24% | 24% | |
17 | 16 | 19 | 31 | 34 | 39 | 21 | 36 | 39 | 47 | 56 | 59 | 66 | |
EPS in Rs | 11.78 | 10.75 | 12.62 | 20.96 | 24.29 | 27.96 | 16.54 | 27.98 | 31.74 | 38.96 | 45.74 | 48.28 | 54.29 |
Dividend Payout % | 64% | 70% | 59% | 43% | 37% | 32% | 54% | 32% | 32% | 31% | 28% | 31% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 16% |
3 Years: | 8% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | 19% |
3 Years: | 13% |
TTM: | 22% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 31% |
3 Years: | 27% |
1 Year: | 11% |
Return on Equity | |
---|---|
10 Years: | 20% |
5 Years: | 23% |
3 Years: | 24% |
Last Year: | 21% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 6 | 6 | 6 |
Reserves | 150 | 153 | 158 | 180 | 170 | 194 | 140 | 165 | 141 | 176 | 217 | 260 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
15 | 14 | 15 | 18 | 20 | 20 | 15 | 20 | 19 | 20 | 20 | 20 | |
Total Liabilities | 172 | 174 | 180 | 206 | 197 | 221 | 162 | 192 | 166 | 202 | 243 | 286 |
64 | 63 | 59 | 55 | 51 | 51 | 48 | 45 | 47 | 44 | 43 | 43 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 64 | 65 | 82 | 104 | 99 | 120 | 69 | 94 | 73 | 85 | 132 | 170 |
45 | 46 | 40 | 46 | 47 | 50 | 44 | 53 | 47 | 73 | 68 | 73 | |
Total Assets | 172 | 174 | 180 | 206 | 197 | 221 | 162 | 192 | 166 | 202 | 243 | 286 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
14 | 15 | 29 | 21 | 32 | 31 | 19 | 32 | 42 | 45 | 26 | 47 | |
-4 | -1 | -14 | -5 | 13 | -17 | 56 | -20 | 22 | -7 | -37 | -30 | |
-10 | -13 | -13 | -16 | -44 | -15 | -76 | -12 | -64 | -12 | -15 | -16 | |
Net Cash Flow | -1 | 0 | 1 | 0 | 1 | -1 | -1 | 1 | -0 | 26 | -25 | 1 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 67 | 50 | 65 | 61 | 62 | 46 | 66 | 82 | 44 | 39 | 42 | 47 |
Inventory Days | 292 | 300 | 186 | 288 | 197 | 231 | 308 | 204 | 179 | 138 | 233 | 266 |
Days Payable | 24 | 13 | 10 | 10 | 16 | 15 | 12 | 17 | 10 | 9 | 9 | 11 |
Cash Conversion Cycle | 335 | 337 | 240 | 339 | 243 | 262 | 362 | 269 | 213 | 168 | 265 | 302 |
Working Capital Days | 156 | 152 | 120 | 139 | 107 | 113 | 168 | 122 | 92 | 72 | 115 | 124 |
ROCE % | 15% | 13% | 15% | 21% | 25% | 26% | 15% | 30% | 30% | 36% | 32% | 28% |
Documents
Announcements
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Clarification With Respect To Significant Increase In Volume Of The Securities Of The Company
26 Aug - Clarifies 26 Aug 2025 volume surge is market-driven; no undisclosed events; disclosures made to BSE/NSE.
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Clarification sought from Gandhi Special Tubes Ltd
26 Aug - Exchange has sought clarification from Gandhi Special Tubes Ltd on August 26, 2025, with reference to Movement in Volume.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Aug
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
13 Aug - 40th AGM held; all resolutions including financials, dividend, director appointments approved.
-
Standalone Unaudited Financial Result 30 June 2025
11 Aug - Q1 FY2026 unaudited financial results approved and published with limited review report.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
Business Overview:[1]
GSTL started as a project set up by The Gandhi Group in technical collaboration with a German based company BENTELER to substitute imports of small diameter welded and cold drawn seamless steel tubes in India. At present, company does manufacturing of seamless steel tubes and welded tubes coupling nuts