Gandhi Special Tubes Ltd (GANDHITUBE) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 513108 | NSE: GANDHITUBE | Steel & Iron Products | Small Cap

Gandhi Spl. Tubes Share Price

759.50 4.95 0.66%
as on 05-Dec'25 15:31

Gandhi Special Tubes Ltd (GANDHITUBE) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 513108 | NSE: GANDHITUBE | Steel & Iron Products | Small Cap

DeciZen - make an informed investing decision on Gandhi Spl. Tubes

Based on:

Overall Rating
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1. Quality


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2. Valuation


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3. Price Trend


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Gandhi Special Tubes stock performance -

Key Ratios
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P/E Ratio (SA):
13.81
Market Cap:
916.9 Cr.
52-wk low:
580
52-wk high:
1,033.7

Is Gandhi Special Tubes Ltd an attractive stock to invest in?


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10 Year X-Ray of Gandhi Spl. Tubes: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Gandhi Special Tubes Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 15.5%21.6%24.9%26.3%15%29.9%31.8%38.3%36.3%31.5%-
Value Creation
Index
0.10.50.80.90.11.11.31.71.61.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 91.297.611412380.9114137167171173179
Sales YoY Gr.-7%16.8%7.9%-34.2%40.3%20.7%22.3%2%1%-
Adj EPS 12.420.721.627.716.527.830.838.143.847.454.7
YoY Gr.-66.6%4.2%28.3%-40.4%68.5%10.5%23.8%15.2%8%-
BVPS (₹) 112.5127.7128.3145.5113.5133.1121.1149.9183.3218.7236.1
Adj Net
Profit
18.330.429.838.321.335.937.446.353.357.566
Cash Flow from Ops. 28.520.831.931.118.632.441.645.426.447.1-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7.4%16.3%8%1%
Adj EPS 16%23.5%15.5%8%
BVPS7.7%14%21.8%19.3%
Share Price 12.2% 26.3% 7.5% -14.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
11.217.216.420.212.322.623.428.126.323.624
Op. Profit
Mgn %
29.533.836.137.229.639.535.936.237.539.641.6
Net Profit
Mgn %
2031.226.231.126.431.727.327.631.233.437.1
Debt to
Equity
00000000000
Working Cap
Days
1431351351322001491279811814280
Cash Conv.
Cycle
1261181191141771321098410513068

Recent Performance Summary

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Latest Financials - Gandhi Special Tubes Ltd.

Standalone Consolidated
TTM EPS (₹) 54.7 -
TTM Sales (₹ Cr.) 179 -
BVPS (₹.) 236.1 -
Reserves (₹ Cr.) 281 -
P/BV 3.20 -
PE 13.81 -
From the Market
52 Week Low / High (₹) 580.00 / 1033.70
All Time Low / High (₹) 2.50 / 1033.70
Market Cap (₹ Cr.) 917
Equity (₹ Cr.) 6.1
Face Value (₹) 5
Industry PE 22.7

Management X-Ray of Gandhi Spl. Tubes:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Gandhi Spl. Tubes - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

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No data found!

Key Ratios of Gandhi Spl. Tubes

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales919811412381114137167171173
Operating Expenses 64657377576988107107104
Manufacturing Costs22242424172026312930
Material Costs33313743303848636661
Employee Cost 67887891089
Other Costs 3242434344
Operating Profit 27334146244549616468
Operating Profit Margin (%) 29.5%33.8%36.1%37.2%29.4%39.5%35.9%36.2%37.5%39.6%
Other Income 3108866551212
Interest 0000000000
Depreciation 5444433333
Exceptional Items 0000000000
Profit Before Tax 25384550264850637377
Tax 77121151112161818
Profit After Tax 19313439213639475659
PAT Margin (%) 20.3%31.6%29.5%31.4%26.4%31.8%28.2%28.3%32.5%34.0%
Adjusted EPS (₹)12.621.024.328.016.528.031.739.045.748.3
Dividend Payout Ratio (%)59%43%37%32%54%32%32%31%28%31%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 165188177201147172147182223266
Share Capital 7777666666
Reserves 158180170194140165141176217260
Minority Interest0000000000
Debt0000000000
Long Term Debt0000000000
Short Term Debt0000000000
Trade Payables1122121222
Others Liabilities 14181918141918191818
Total Liabilities 180207197221162192166202243286

Fixed Assets

Gross Block130595962626267676668
Accumulated Depreciation714711141720232425
Net Fixed Assets 59555151484547444343
CWIP 0000000000
Investments 821049912069947385132170
Inventories17242027252124244245
Trade Receivables16161915152517182022
Cash Equivalents 33542322834
Others Assets 3334244443
Total Assets 180207197221162192166202243286

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 29213231193242452647
PBT 25384550264850637377
Adjustment 2-5-4-4-2-2-1-2-9-8
Changes in Working Capital 9-74-52-350-22-3
Tax Paid -8-6-13-10-7-11-13-15-16-19
Cash Flow From Investing Activity -14-513-1756-2022-7-37-30
Capex -1-1-0-4-1-1-4-1-1-4
Net Investments -16-611-1653-2125-9-38-28
Others 3333321232
Cash Flow From Financing Activity -13-16-44-15-76-12-64-12-15-16
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000-0-0-0-0-0-0
Dividend Paid -11-160-15-15-12-12-12-15-16
Others -20-440-610-52-0-0-0
Net Cash Flow 101-1-11-026-251

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)11.417.4518.420.4212.322.724.1728.7527.4524.02
ROCE (%)15.521.5824.9426.3215.0129.9131.7938.2636.2831.49
Asset Turnover Ratio0.580.560.580.590.420.640.760.910.770.65
PAT to CFO Conversion(x)1.530.680.940.790.90.891.080.960.460.8
Working Capital Days
Receivable Days51545652686556384044
Inventory Days806969701187460527092
Payable Days121112141713129910

Gandhi Special Tubes Ltd Stock News

Gandhi Special Tubes Ltd FAQs

The current trading price of Gandhi Spl. Tubes on 05-Dec-2025 15:31 is ₹759.5.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Dec-2025 the market cap of Gandhi Spl. Tubes stood at ₹916.9.
The latest P/E ratio of Gandhi Spl. Tubes as of 04-Dec-2025 is 13.81.
The latest P/B ratio of Gandhi Spl. Tubes as of 04-Dec-2025 is 3.20.
The 52-week high of Gandhi Spl. Tubes is ₹1,033.7 and the 52-week low is ₹580.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Gandhi Spl. Tubes is ₹179.2 ( Cr.) .

About Gandhi Special Tubes Ltd

Gandhi Special Tubes Limited formerly known as Gandhi Special 07 Tubes Limited was a project set up by Gandhi Group in technical collaboration with Benteler of Germany. Benteler is one of the leading enterprises in manufacturing of steel. Besides steel they manufacture welded and seamless steel tubes and are also producing pressed, drawn, stamped parts and tubular components.

The project was for manufacturing small diameter welded and cold drawn seamless steel tubes. M/S Benteler have supplied most of the critical machines and were involved in installation and commissioning of the plant and training personnel in India as well as Germany. The plant situated at Gujarat, started commercial production in April 1988. Gandhi Special Tubes Limited have also subsequently started producing tubular components like condenser coils and wire on tube condensors at Halol plant mentioned above and have recently set up a unit at Pune to manufacture tubular components.

Gandhi Special Tubes Limited had also started manufacturing of Cold Formed Tube Nuts for Fuel Injection Tube Assemblies as well as Hydraulic Tube Assemblies. This is a pioneering effort in India as hitherto tube nuts were being manufactured by machining.

Gandhi Group manufactures automobile components. The products are marketed all over India and are also exported all over the world including Germany, UK, South East Asian countries etc.

The organization’s philosophy is to aim at continuous growth by giving priority to customer satisfaction through assured product quality and use of state of art technology. Facilities at Pune plant for manufacturing tubular components include CNC and manual bending, hydraulic head forming, welding / brazing, flushing, pressure testing etc.Standard steel grades used are AISI 1010 / AISI 1015 / En1A other steel grades as well. Stainless steel grades like SSS304 / SS316 are also considered on request.

They are pioneers in introducing cold drawn seamless steel tubes normalized / annealed in bright annealing furnace in India. This ensures soft and scale free tubes.Clients of the company include organizations like, Tata Engineering & Locomotive, Tata Iron & Steel, Ashok Leyland, Maruti Udyog, Mahindra & Mahindra, Bajaj Auto, Escorts group companies, Larsen & Toubro, SMS India, Steel Authority of India, Bharat Heavy Electricals, Godrej Appliances, Electrolux India, Voltas, Daewoo India, Kirloskar Copeland, etc.

Product range of the company includes:

  • Small Diameter Welded Steel Tubes- The size range of small diameter welded steel tubes manufactured is 3.1 to 12.7mm OD and 0.5 to 1.5mm wall thickness. Plain, inside and outside copper plated and outside zinc plated tubes are manufactured. These tubes find applications mainly in refrigration and automobile industry.
  • Cold Drawn Seamless Steel Tubes- The size range of cold drawn seamless steel tubes manufactured is 3 to 75mm OD and 0.5 to 7.5 mm wall thickness. hese tubes find applications in high pressure fuel injection tubings and hydraulic tubings.
  • Tubular Components- Components manufactured are condensors , compressor parts, fuel injection tube assemblies , hydraulic tubes etc.
  • Cold Formed Nuts- Cold formed nuts have following distinct advantages over machined nuts :- High degree of reliability ensuring zero failures on account of cracked nuts.-Fatigue life, Tensile Strength, Yield Strength & Shear strength increase due to cold working. The unbroken flow lines follow the part contour which increase the strength of the part.-Improved surface finish which not only gives better looks to the nuts but improves life & greatly helps sealing where ferrules are used.

The organisation has given due importance to developing reliable quality systems. Company's quality system has been certified as per ISO/TS 16949 : 2002 as well as ISO 9001: 2000 by M/S TUV.

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