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.

Are Gandhi Spl. Tube latest results good or bad?

Gandhi Special Tubes' latest Q2 FY26 results show a net profit of ₹17.69 crore, down 18.14% from the previous quarter but up 2.55% year-on-year, while net sales decreased slightly by 0.21% quarter-on-quarter and 1.23% year-on-year. Despite strong operational efficiency with a 43.80% operating margin, the decline in profit and sales raises concerns about future growth prospects.

Gandhi Special Tubes' latest results for Q2 FY26 present a mixed picture. On one hand, the company reported a net profit of ₹17.69 crore, which reflects a significant decline of 18.14% compared to the previous quarter. However, on a year-on-year basis, this figure shows a modest increase of 2.55%. <BR><BR>In terms of net sales, the company achieved ₹48.01 crore, marking a slight decrease of 0.21% from the previous quarter and a more pronounced decline of 1.23% year-on-year. This stagnation in revenue is concerning, especially given the broader context of subdued demand in the steel sector.<BR><BR>Despite these challenges, Gandhi Special Tubes demonstrated strong operational efficiency, with an operating margin of 43.80%, which is an improvement from the previous quarter. This indicates that the company is managing its costs effectively, even in a tough market environment.<BR><BR>Overall, while the company maintains strong profitability metrics and operational efficiency, the decline in net profit and sales suggests that it is facing some headwinds. Investors may view this performance as a sign of resilience in challenging conditions, but the revenue stagnation raises concerns about future growth prospects.

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.

Should I buy, sell or hold Gandhi Spl. Tube?

Which are the latest news on Gandhi Spl. Tube?

Why is Gandhi Spl. Tube falling/rising?

As of 04-Dec, Gandhi Special Tubes Ltd's stock price is currently rising at 754.55, indicating a potential shift in market sentiment after a period of decline. However, it has faced significant long-term losses and declining investor participation.

As of 04-Dec, Gandhi Special Tubes Ltd's stock price is rising, currently at 754.55, with a change of 2.45 (0.33%) upwards. This increase follows a trend reversal after four consecutive days of decline, indicating a potential shift in market sentiment. The stock opened with a gain of 2.37% today and reached an intraday high of Rs 769.95. Additionally, it outperformed its sector by 0.4%, which suggests that it is gaining traction compared to its peers.<BR><BR>However, despite the current rise, the stock has experienced significant declines over longer periods, such as a 11.82% drop over the past month and a 16.25% decrease over the past year. It is also trading below its moving averages across various time frames, indicating a longer-term bearish trend. Furthermore, there has been a decline in investor participation, with delivery volume falling by 8.28% compared to the five-day average.<BR><BR>In summary, while the stock is currently rising, this is occurring against a backdrop of recent poor performance and declining investor interest.