Gandhi Spl. Tube

Is Gandhi Spl. Tube overvalued or undervalued?

As of May 15, 2023, Gandhi Spl. Tube is considered very expensive with a PE ratio of 15.15, an EV to EBITDA of 12.82, and a Price to Book Value of 3.73, indicating significant overvaluation compared to its peers and historical performance, alongside a year-to-date return of -7.72% against the Sensex's gain of 5.58%.

As of 15 May 2023, the valuation grade for Gandhi Spl. Tube has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently assessed as overvalued, with a PE ratio of 15.15, an EV to EBITDA of 12.82, and a Price to Book Value of 3.73. These ratios suggest that the stock is trading at a premium compared to its earnings and book value.<BR><BR>In comparison to its peers, Gandhi Spl. Tube's PE ratio is notably lower than that of JSW Steel, which stands at 64.98, but higher than Tata Steel's attractive PE of 51.92. This indicates that while Gandhi Spl. Tube may be less expensive than some peers, it remains significantly overvalued relative to its own historical performance and the broader market. Furthermore, the company's recent stock performance has been underwhelming, with a year-to-date return of -7.72%, contrasting with the Sensex's gain of 5.58% in the same period.

how big is Gandhi Spl. Tube?

As of Jun 06, Gandhi Special Tubes Ltd has a market capitalization of 861.03 Cr, with net sales of 172.54 Cr and net profit of 58.68 Cr reported for the latest four quarters. Shareholder's funds are valued at 222.78 Cr, and total assets amount to 242.68 Cr as of the latest annual period ending in Mar'24.

Market Cap: Gandhi Special Tubes Ltd has a market capitalization of 861.03 Cr and is classified as a Micro Cap company as of Jun 06.<BR><BR>Recent Quarterly Performance: The company reported a sum of Net Sales of 172.54 Cr and a sum of Net Profit of 58.68 Cr for the latest 4 quarters, which is Standalone data.<BR><BR>Balance Sheet Snapshot: This is Standalone data for the latest annual period ending in Mar'24. The Shareholder's Funds are valued at 222.78 Cr, and the Total Assets amount to 242.68 Cr.

When is the next results date for Gandhi Spl. Tube?

No Upcoming Board Meetings

What does Gandhi Spl. Tube do?

Gandhi Special Tubes Ltd manufactures seamless and welded steel tubes and nuts, and generates wind power. As of March 2025, it reported net sales of ₹43 Cr and a net profit of ₹12 Cr, with a market cap of ₹861 Cr.

Overview: <BR>Gandhi Special Tubes Ltd is engaged in the manufacture of Seamless and Welded Steel Tubes, Nuts, and the generation of Wind Power, operating within the Iron & Steel Products industry as a Micro Cap company.<BR><BR>History: <BR>Gandhi Special Tubes Ltd was incorporated on April 22, 1985, and commenced business in May 1985. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 43 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 12 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 861 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 15.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 1.79% <BR>Debt Equity: -0.05 <BR>Return on Equity: 24.62% <BR>Price to Book: 3.70 <BR><BR>Contact Details: <BR>Address: 201-204 Plaza 2nd Floor, 55 Hughes Road Mumbai Maharashtra : 400007 <BR>Tel: 91-22-23634179/4183/5042 <BR>Email: complianceofficer@gandhitubes.com <BR>Website: http://www.gandhispecialtubes.com

Has Gandhi Spl. Tube declared dividend?

Yes, Gandhi Special Tubes Ltd has declared a 260% dividend, amounting to ₹13 per share, with an ex-date of August 5, 2024. While the recent total returns show negative performance in the short term, the company has demonstrated strong growth over longer periods.

Gandhi Special Tubes Ltd has declared a 260% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 260%<BR>- Amount per share: 13<BR>- Ex-date: 05 Aug 24<BR><BR>Dividend Yield: 1.79%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -18.56%, with a dividend return of 0%, resulting in a total return of -18.56%.<BR><BR>Over the past year, the price return was -7.61%, the dividend return was 1.66%, leading to a total return of -5.95%.<BR><BR>In the 2-year period, the price return was 21.5%, the dividend return was 4.22%, culminating in a total return of 25.72%.<BR><BR>For the 3-year period, the price return was 100.66%, the dividend return was 10.20%, resulting in a total return of 110.86%.<BR><BR>In the last 4 years, the price return was 108.77%, with a dividend return of 10.38%, leading to a total return of 119.15%.<BR><BR>Over the past 5 years, the price return was 320.22%, the dividend return was 27.69%, resulting in a total return of 347.91%.<BR><BR>Overall, while the company has declared a significant dividend, the recent total returns indicate a mixed performance, with negative returns in the short term but strong growth over longer periods.

Who are the peers of the Gandhi Spl. Tube?

Peers of Gandhi Spl. Tube include APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Suraj, Uni Abex Alloy, Bedmutha Indus., and Mahamaya Steel. Gandhi Spl. Tube has average management risk and growth, with a 1-year return of -3.19%.

Peers: The peers of Gandhi Spl. Tube are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Suraj, Uni Abex Alloy, Bedmutha Indus., and Mahamaya Steel.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, and Ratnamani Metals, and Average management risk is present at Gandhi Spl. Tube, Jindal Saw, Suraj, and Uni Abex Alloy, with Below Average management risk at Bedmutha Indus. and Mahamaya Steel. Excellent growth is noted at APL Apollo Tubes and Jindal Saw, while Average growth is found at Shyam Metalics, Ratnamani Metals, and Gandhi Spl. Tube, and Below Average growth is observed at Welspun Corp, Suraj, Uni Abex Alloy, and the rest. Excellent capital structure is seen at APL Apollo Tubes, Ratnamani Metals, Gandhi Spl. Tube, and Uni Abex Alloy, while Good capital structure is present at Welspun Corp, and Below Average capital structure is noted at Jindal Saw, Suraj, Bedmutha Indus., and Mahamaya Steel.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Mahamaya Steel at 201.22%, while the lowest is Jindal Saw at -22.93%. Gandhi Spl. Tube's 1-year return is -3.19%, which is higher than Jindal Saw but lower than Mahamaya Steel. Additionally, the six-month return is negative for Ratnamani Metals, Jindal Saw, Suraj, Bedmutha Indus., and Mahamaya Steel.

Who are in the management team of Gandhi Spl. Tube?

As of March 2023, the management team of Gandhi Spl. Tube includes Manhar G Gandhi (Chairman & Managing Director), Bhupatrai G Gandhi (Non Executive Director), Kavas N Warden, Dharmen B Shah, and Bhavi Jatin Koradia (Independent Directors), Jayesh M Gandhi (Non Executive Director), and Chaitali Kachalia (Company Secretary & Compliance Officer). They oversee the company's operations and strategic direction.

As of March 2023, the management team of Gandhi Spl. Tube includes the following individuals:<BR><BR>1. Manhar G Gandhi - Chairman & Managing Director<BR>2. Bhupatrai G Gandhi - Non Executive Director<BR>3. Kavas N Warden - Independent Director<BR>4. Dharmen B Shah - Independent Director<BR>5. Jayesh M Gandhi - Non Executive Director<BR>6. Bhavi Jatin Koradia - Independent Director<BR>7. Chaitali Kachalia - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Who are the top shareholders of the Gandhi Spl. Tube?

The top shareholders of Gandhi Spl. Tube include promoter Manhar G. Gandhi with 14.11%, six Foreign Institutional Investors holding 1.41%, and public shareholder Manish Jain with 1.08%. Individual investors collectively own 19.09%, with no pledged promoter holdings or mutual fund investments.

The top shareholders of Gandhi Spl. Tube include the promoters, who are the majority shareholders. The promoter with the highest holding is Manhar G. Gandhi, owning 14.11% of the company. Additionally, there are 6 Foreign Institutional Investors (FIIs) holding a total of 1.41%. The highest public shareholder is Manish Jain, with a holding of 1.08%. Individual investors collectively hold 19.09% of the shares. Notably, there are no pledged promoter holdings and no mutual funds currently invested in the company.

How has been the historical performance of Gandhi Spl. Tube?

Gandhi Spl. Tube has shown consistent growth, with net sales increasing from 113.53 Cr in Mar'21 to 172.54 Cr in Mar'25, and profit after tax rising from 21.37 Cr to 58.67 Cr during the same period. The company has demonstrated strong financial performance, marked by rising revenues, profits, and total assets.

Answer:<BR>The historical performance of Gandhi Spl. Tube shows a consistent growth trend in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Gandhi Spl. Tube's net sales have increased from 113.53 Cr in Mar'21 to 172.54 Cr in Mar'25, reflecting a steady growth trajectory. The total operating income has similarly risen, reaching 172.54 Cr in Mar'25, up from 80.94 Cr in Mar'20. The company's operating profit (PBDIT) has also shown a positive trend, climbing from 29.62 Cr in Mar'20 to 80.26 Cr in Mar'25, with an operating profit margin of 39.63% in the latest fiscal year. Profit before tax has increased significantly from 26.03 Cr in Mar'20 to 76.75 Cr in Mar'25, while profit after tax has grown from 21.37 Cr to 58.67 Cr over the same period. The company's total assets have expanded from 161.70 Cr in Mar'20 to 285.99 Cr in Mar'25, with total liabilities also increasing but remaining manageable at 285.99 Cr. Cash flow from operating activities improved from 18.00 Cr in Mar'20 to 47.00 Cr in Mar'25, indicating enhanced operational efficiency. Overall, Gandhi Spl. Tube has demonstrated robust financial performance with increasing revenues, profits, and asset growth.

Is Gandhi Spl. Tube technically bullish or bearish?

As of December 3, 2025, the market trend is neutral with mixed signals; while weekly indicators show short-term weakness, monthly indicators suggest potential long-term strength, resulting in a cautious outlook overall.

As of 3 December 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across different time frames. The weekly MACD and KST are both mildly bearish, indicating short-term weakness, while the monthly MACD and RSI are bullish, suggesting potential longer-term strength. However, the Bollinger Bands are bearish on both weekly and monthly charts, reinforcing a cautious outlook. Daily moving averages show a mildly bullish trend, but overall, the lack of a clear direction in the weekly indicators and the sideways trend suggest a neutral stance.

Are Gandhi Special Tubes Ltd latest results good or bad?

Gandhi Special Tubes Ltd's Q3 FY26 results are generally positive, with a net profit of ₹19.70 crores and a year-on-year sales growth of 21.80%. However, concerns about stagnant revenue growth and market positioning may impact future performance.

Gandhi Special Tubes Ltd's latest results for Q3 FY26 can be considered good overall. The company reported a net profit of ₹19.70 crores, which reflects an impressive quarter-on-quarter increase of 11.36% and a year-on-year growth of 29.96%. Additionally, the operating margin reached 46.02%, marking a significant improvement from the previous quarter and indicating strong operational efficiency.<BR><BR>While revenue growth was modest at 0.90% quarter-on-quarter, the year-on-year sales growth of 21.80% is noteworthy. The company's ability to expand its margins while maintaining profitability suggests effective cost management and a favorable product mix in its steel tubes business.<BR><BR>However, there are some concerns regarding the sustainability of these margins, especially given the stagnant revenue growth. The company's performance has also lagged behind the broader sector, which raises questions about its market positioning. Overall, while the results show strong operational metrics, the company faces challenges that could impact future growth.

Why is Gandhi Special Tubes Ltd falling/rising?

As of 17-Mar, Gandhi Special Tubes Ltd's stock price is falling due to underperformance relative to its sector, a trend reversal after previous gains, and declining investor participation. Despite positive financial results, concerns about long-term growth and high valuation contribute to the negative sentiment.

As of 17-Mar, Gandhi Special Tubes Ltd's stock price is falling, currently at 805.00, reflecting a change of -9.1 (-1.12%). This decline is attributed to several factors. Firstly, the stock has underperformed its sector by 4.36% today, indicating weaker performance relative to its peers. Additionally, the stock has experienced a trend reversal, having fallen after two consecutive days of gains.<BR><BR>The stock's performance over the past week shows a decrease of 2.50%, while it has also dropped 12.50% over the past month, contrasting with a year-to-date increase of 4.74%. Despite a strong one-year return of 18.04%, the recent negative momentum suggests a shift in investor sentiment. The stock's intraday high reached Rs 839, but it has not sustained this level, with trading volumes indicating a decline in investor participation, as evidenced by a 38.44% drop in delivery volume compared to the five-day average.<BR><BR>Moreover, while the company has reported positive financial results, including a 28.15% growth in PAT and record net sales, concerns about long-term growth persist. The annual growth rate of net sales over the past five years stands at only 14.90%, and the stock is considered expensive with a high Price to Book Value ratio of 3.7. The lack of investment from domestic mutual funds, holding only 0% of the company, may also reflect a lack of confidence in the stock's valuation at current prices.<BR><BR>In summary, the combination of recent underperformance, declining investor participation, and concerns over long-term growth prospects contribute to the falling stock price of Gandhi Special Tubes Ltd.

Why is Gandhi Special Tubes Ltd falling/rising?

As of 18-Mar, Gandhi Special Tubes Ltd's stock price is currently Rs 818.10, reflecting a 0.84% increase. Despite a recent decline over the past month, the stock shows a positive year-to-date performance and significant growth over the past year and five years, although it has underperformed its sector today.

As of 18-Mar, Gandhi Special Tubes Ltd's stock price is rising, currently at Rs 818.10, reflecting a change of Rs 6.8 or 0.84% increase. This upward movement is supported by a strong performance over the past week, where the stock has gained 3.74%, contrasting with a slight decline in the benchmark Sensex, which fell by 0.21%. <BR><BR>Despite a negative performance over the past month, where the stock decreased by 9.66% compared to the Sensex's decline of 8.40%, the year-to-date performance shows a positive trend with the stock up by 6.45% while the Sensex has dropped by 9.99%. Additionally, the stock has demonstrated significant growth over longer periods, with a 17.54% increase over the past year and an impressive 210.06% rise over the last five years.<BR><BR>However, it is important to note that the stock has underperformed its sector by 0.29% today, and there has been a notable decrease in investor participation, with delivery volume falling by 59.86% against the five-day average. Despite these factors, the stock's current price is above its moving averages for 5, 50, 100, and 200 days, indicating a generally positive trend in the short to medium term. The stock also reached an intraday high of Rs 829, further contributing to the perception of a rising stock price.

Why is Gandhi Special Tubes Ltd falling/rising?

As of 19-Mar, Gandhi Special Tubes Ltd's stock price has declined to 800.60, reflecting a drop of -3.31%. This decline is driven by poor sector performance, reduced investor participation, and concerns over long-term growth prospects.

As of 19-Mar, Gandhi Special Tubes Ltd is experiencing a decline in its stock price, currently at 800.60, which reflects a change of -27.4 (-3.31%). This drop can be attributed to several factors highlighted in the source data. <BR><BR>Firstly, the stock opened with a loss of -2.05% today and reached an intraday low of Rs 800.6, indicating a negative trend in the short term. Additionally, the performance of the steel sector, which includes Gandhi Special Tubes Ltd, has also been poor, with a decline of -3.29%. <BR><BR>Investor participation has decreased significantly, as evidenced by a delivery volume of 2.77k on March 18, which is down by -55.13% compared to the 5-day average delivery volume. This reduced interest from investors may signal a lack of confidence in the stock's future performance.<BR><BR>While the company has shown positive results in terms of net sales and profit after tax growth, the long-term growth prospects appear weak. The net sales growth rate over the past five years has been only 14.90%, and the stock is trading at a premium compared to its peers, which may deter potential investors. Furthermore, domestic mutual funds hold no stake in the company, suggesting that institutional investors may not be comfortable with the current valuation or business outlook.<BR><BR>In summary, the combination of poor sector performance, declining investor participation, and concerns over long-term growth and valuation are contributing to the falling stock price of Gandhi Special Tubes Ltd.

Why is Gandhi Special Tubes Ltd falling/rising?

As of 20-Mar, Gandhi Special Tubes Ltd's stock price is at 802.00, showing a minor increase but underperforming its sector. Despite a positive year-to-date return of 4.35% and strong long-term growth, recent declines in investor participation and short-term weaknesses suggest challenges ahead.

As of 20-Mar, Gandhi Special Tubes Ltd's stock price is currently at 802.00, reflecting a slight increase of 0.9 (0.11%). Despite this minor rise, the stock has underperformed its sector by 2.83% today. Over the past week, the stock has decreased by 1.43%, while over the past month, it has seen a more significant decline of 9.46%. <BR><BR>Year-to-date, the stock has shown a positive return of 4.35%, contrasting with the Sensex, which has dropped by 12.54%. Over the past year, Gandhi Special Tubes Ltd has performed well, with a return of 17.25%, significantly outperforming the Sensex's decline of 2.38%. Additionally, the stock has demonstrated strong growth over longer periods, with a 61.22% increase over three years and an impressive 205.12% rise over five years.<BR><BR>However, the stock's current performance is affected by a notable decline in investor participation, as evidenced by a delivery volume of 1.7k on March 19, which is down 66.83% compared to the five-day average. This drop in trading activity may indicate reduced investor interest, contributing to the stock's overall underperformance today. Furthermore, while the stock is trading above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages, suggesting some short-term weakness. <BR><BR>In summary, while there is a slight uptick in the stock price today, the overall trend indicates challenges, including underperformance relative to the sector and declining investor participation.

Should I buy, sell or hold Gandhi Special Tubes Ltd?

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