GANDHI SPL. TUBES LTD (GANDHITUBE) financials

GANDHI SPL. TUBES LTD (GANDHITUBE) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

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: ₹1,054Cr.
Current Price: ₹934
Stock P/E: 14.0
ROE: 20.0%
ROCE: 28.4%
Book Value: ₹260
Dividend Yield: 1.61%
52W High / Low: ₹1,048/681

In Jun 2026, GANDHI SPL. TUBES LTD (GANDHITUBE) reported sales ₹57 Cr and net profit ₹28 Cr.

Annual TTM: sales ₹201 Cr, net profit ₹75 Cr.

Shareholding: Promoters 71.70% (Sep 2026), FIIs 1.21% (Sep 2026), DIIs 0.02% (Sep 2026), Public 27.07% (Sep 2026), No. of Shareholders 12,728% (Sep 2026).

GANDHITUBE quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	49	40	43	48	48	48	47	57
Expenses	29	23	27	27	27	26	28	31
Operating Profit	20	17	16	21	21	22	19	27
OPM %	41%	42%	37%	43%	44%	46%	41%	47%
Other Income	4	2	2	8	3	5	-5	10
Interest	0	0	0	-0	0	0	-0	0
Depreciation	1	1	1	1	1	1	1	1
Profit before tax	23	18	17	28	23	26	13	36
Tax %	25%	15%	31%	23%	24%	25%	30%	23%
Net Profit	17	15	12	22	18	20	9	28
EPS in Rs	14.20	12.48	9.83	17.78	14.56	16.21	7.70	22.99
Raw PDF	—	—	—	—	—	—	—	—

GANDHITUBE profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	81	114	137	167	171	173	192	201
Expenses	57	69	88	107	107	104	108	111
Operating Profit	24	45	49	61	64	68	84	89
OPM %	30%	39%	36%	36%	38%	40%	44%	45%
Other Income	6	6	5	5	12	12	11	13
Interest	0	0	0	0	0	0	0	0
Depreciation	4	3	3	3	3	3	3	3
Profit before tax	26	48	50	63	73	77	91	99
Tax %	18%	24%	24%	25%	24%	24%	25%	—
Net Profit	21	36	39	47	56	59	68	75
EPS in Rs	16.54	27.98	31.74	38.96	45.74	48.28	56.25	61.46
Dividend Payout %	54%	32%	32%	31%	28%	31%	27%	—

GANDHITUBE balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	7	6	6	6	6	6	6	6
Reserves	194	140	165	141	176	217	260	310
Borrowings	0	0	0	0	0	0	0	0
Other Liabilities	20	15	20	19	20	20	20	24
Total Liabilities	221	162	192	166	202	243	286	340
Fixed Assets	51	48	45	47	44	43	43	42
CWIP	0	0	0	0	0	0	0	0
Investments	120	69	94	73	85	132	170	213
Other Assets	50	44	53	47	73	68	73	85
Total Assets	221	162	192	166	202	243	286	340

GANDHITUBE cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	31	19	32	42	45	26	47	55
Cash from Investing Activity	-17	56	-20	22	-7	-37	-30	-34
Cash from Financing Activity	-15	-76	-12	-64	-12	-15	-16	-18
Net Cash Flow	-1	-1	1	-0	26	-25	1	3
Free Cash Flow	27	18	31	38	44	25	43	53
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	91%	107%	97%	110%	100%	66%	96%	93%

GANDHITUBE shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	73.52%	73.52%	73.52%	73.52%	73.52%	73.52%	73.52%	71.70%
FIIs	1.42%	1.41%	1.40%	1.23%	1.23%	1.23%	1.23%	1.21%
DIIs	0.04%	0.04%	0.05%	0.05%	0.09%	0.06%	0.05%	0.02%
Public	25.02%	25.02%	25.02%	25.19%	25.17%	25.19%	25.20%	27.07%
No. of Shareholders	11,507	11,626	11,475	12,113	12,017	12,082	13,841	12,728

GANDHITUBE key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	46	66	82	44	39	42	47	39
Inventory Days	231	308	204	179	138	233	266	313
Days Payable	15	12	17	10	9	9	11	10
Cash Conversion Cycle	262	362	269	213	168	265	302	341
Working Capital Days	113	168	122	92	72	115	120	120
ROCE %	26%	15%	30%	30%	36%	32%	28%	28%

GANDHITUBEUpdated 18 Oct 2026, 7:16

Gandhi Spl. Tubes Ltd

GANDHITUBEUpdated 18 Oct 2026, 7:16

Market Cap

₹1,054Cr.

Current Price

₹934

High / Low

₹1,048/681

Stock P/E

14.0

ROE20.0%

ROCE28.4%

Book Value₹260

Face Value₹5.00

Dividend Yield1.61%

About

Incorporated in 1959, Gandhi Special Tubes Ltd deals in manufacturing of Seamless and Welded Steel Tubes, Nuts and generation of Wind Power[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	46	29	4	1	20	23	16	12.98
Sep 2023	44	28	3	1	18	25	13	10.9
Dec 2023	41	26	3	1	18	25	13	10.87
Mar 2024	39	24	3	1	18	25	13	10.99
Jun 2024	41	25	3	1	18	22	14	11.78
Sep 2024	49	29	4	1	23	25	17	14.2
Dec 2024	40	23	2	1	18	15	15	12.48
Mar 2025	43	27	2	1	17	31	12	9.83
Jun 2025	48	27	8	1	28	23	22	17.78
Sep 2025	48	27	3	1	23	24	18	14.56
Dec 2025	48	26	5	1	26	25	20	16.21
Mar 2026	47	28	-5	1	13	30	9	7.7
Jun 2026	57	31	10	1	36	23	28	22.99

Profit & loss

Annual statement₹ Cr.

Year	Sales	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	92	69	4	5	23	31	16	10.75
Mar 2016	91	64	3	5	25	26	19	12.62
Mar 2017	98	65	10	4	38	19	31	20.96
Mar 2018	114	73	8	4	45	26	34	24.29
Mar 2019	123	77	8	4	50	22	39	27.96
Mar 2020	81	57	6	4	26	18	21	16.54
Mar 2021	114	69	6	3	48	24	36	27.98
Mar 2022	137	88	5	3	50	24	39	31.74
Mar 2023	167	107	5	3	63	25	47	38.96
Mar 2024	171	107	12	3	73	24	56	45.74
Mar 2025	173	104	12	3	77	24	59	48.28
Mar 2026	192	108	11	3	91	25	68	56.25
TTM	201	111	13	3	99	—	75	61.46

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	71.7%
FIIs	1.21%
DIIs	0.02%
Public	27.07%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Dec 2023	73.52%	1.49%	0%	24.99%
Mar 2024	73.52%	1.43%	0%	25.05%
Jun 2024	73.52%	1.43%	0%	25.06%
Sep 2024	73.52%	1.42%	0%	25.04%
Dec 2024	73.52%	1.42%	0.04%	25.02%
Mar 2025	73.52%	1.41%	0.04%	25.02%
Jun 2025	73.52%	1.4%	0.05%	25.02%
Sep 2025	73.52%	1.23%	0.05%	25.19%
Dec 2025	73.52%	1.23%	0.09%	25.17%
Mar 2026	73.52%	1.23%	0.06%	25.19%
Jun 2026	73.52%	1.23%	0.05%	25.2%
Sep 2026	71.7%	1.21%	0.02%	27.07%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Other Liabilities	Total Liabilities	Fixed Assets	Investments	Other Assets	Total Assets
Mar 2015	7	153	14	174	63	65	46	174
Mar 2016	7	158	15	180	59	82	40	180
Mar 2017	7	180	18	206	55	104	46	206
Mar 2018	7	170	20	197	51	99	47	197
Mar 2019	7	194	20	221	51	120	50	221
Mar 2020	6	140	15	162	48	69	44	162
Mar 2021	6	165	20	192	45	94	53	192
Mar 2022	6	141	19	166	47	73	47	166
Mar 2023	6	176	20	202	44	85	73	202
Mar 2024	6	217	20	243	43	132	68	243
Mar 2025	6	260	20	286	43	170	73	286
Mar 2026	6	310	24	340	42	213	85	340

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	15	-1	-13	0
Mar 2016	29	-14	-13	1
Mar 2017	21	-5	-16	0
Mar 2018	32	13	-44	1
Mar 2019	31	-17	-15	-1
Mar 2020	19	56	-76	-1
Mar 2021	32	-20	-12	1
Mar 2022	42	22	-64	0
Mar 2023	45	-7	-12	26
Mar 2024	26	-37	-15	-25
Mar 2025	47	-30	-16	1
Mar 2026	55	-34	-18	3

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	50	65	61	62	46	66	82	44	39	42	47	39
Inventory Days	300	186	288	197	231	308	204	179	138	233	266	313
Days Payable	13	10	10	16	15	12	17	10	9	9	11	10
Cash Conversion Cycle	337	240	339	243	262	362	269	213	168	265	302	341
Working Capital Days	152	120	139	107	113	168	122	92	72	115	120	120
ROCE %	13%	15%	21%	25%	26%	15%	30%	30%	36%	32%	28%	28%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of GANDHI SPL. TUBES LTD (GANDHITUBE)?

The reported market capitalisation for GANDHI SPL. TUBES LTD (GANDHITUBE) is ₹1,054Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of GANDHITUBE?

The current price shown for GANDHI SPL. TUBES LTD (GANDHITUBE) on Fincrux is ₹934 with a 52-week high/low of ₹1,048/681.

What is the P/E ratio of GANDHI SPL. TUBES LTD (GANDHITUBE)?

The stock P/E for GANDHI SPL. TUBES LTD (GANDHITUBE) is 14.0 on Fincrux, with ROE at 20.0% and ROCE at 28.4%.

What were GANDHITUBE latest quarterly results?

For Jun 2026, GANDHI SPL. TUBES LTD (GANDHITUBE) reported sales ₹57 Cr and net profit ₹28 Cr (figures in ₹ crore unless noted).

What are GANDHITUBE annual sales and net profit?

For TTM, GANDHI SPL. TUBES LTD (GANDHITUBE) shows sales of ₹201 Cr and net profit of ₹75 Cr on the Fincrux profit & loss statement.

Who owns GANDHI SPL. TUBES LTD (GANDHITUBE)?

Latest shareholding for GANDHI SPL. TUBES LTD (GANDHITUBE) on Fincrux: Promoters 71.70% (Sep 2026), FIIs 1.21% (Sep 2026), DIIs 0.02% (Sep 2026), Public 27.07% (Sep 2026), No. of Shareholders 12,728% (Sep 2026).

Where can I find GANDHI SPL. TUBES LTD (GANDHITUBE) financials?

GANDHI SPL. TUBES LTD (GANDHITUBE) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show GANDHITUBE balance sheet and cash flow?

Yes. The GANDHI SPL. TUBES LTD (GANDHITUBE) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 18 October 2026 at 7:16