Gandhi Special Tubes logo

Gandhi Special Tubes share price

NSE: GANDHITUBEBSE: 513108Industrial ProductsSmall Cap

Last close ₹838.50down ₹27.90 (3.22%)BSE ₹843.10

Share price at the NSE close on 23 Oct 2026. Previous close ₹866.40.

52-week range of traded prices to 23 Oct 2026
₹681.05Low, 27 Jan 2026₹1,046.60High, 22 Sep 2026
Market cap
₹946 Cr1,480th largest listed
P/E
12.7
P/B
Shares changed
Dividend yield
1.79%
ROE
25.7%
ROCE
27.2%
Debt to equity
0.00
Volume, NSE
12,53252.5% delivered

Share price

Daily closes since Jan 2007, BSE closes in Jan 2007, adjusted for splits and bonuses

−9.2%over a year · Nifty 500 −9.8%

ResultsBuyback20-session average 8,971 shares a day, 52.7% delivered

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 12 Aug

Revenue
₹57 Crup 21.15%
Net profit
₹28 Crup 198.32%
Net margin
48.8%

Revenue by year

Peak revenue ₹192 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 29 OctDec 2024Filed 11 FebMar 2025Filed 29 OctJun 2025Filed 11 AugSep 2025Filed 10 NovDec 2025Filed 10 FebMar 2026Filed 25 MayJun 2026Filed 12 Aug
Revenue48.639.843.348.148.048.447.257.2
Net profit17.215.211.921.617.719.79.427.9
Net margin35.5%38.1%27.6%44.9%36.8%40.7%19.8%48.8%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, METAL STEEL TUBE, which carries all its revenue.

Valuation

Today, against the company's own history. Not shown, P/B: the share count changed after the latest balance sheet (a rights issue, a buyback, an allotment or a listing), which does not yet hold the money it brought or returned. Not shown, EV/EBITDA: the share count changed after the latest balance sheet (a rights issue, a buyback, an allotment or a listing), which does not yet hold the money it brought or returned.PE ratio and valuation history

Price to earnings

At or below today's level on 18% of 2,480 trading days over the last 10 years.

LowestHighest
Its median14.8Industry median17.4
Dividend yield

At or below today's level on 30% of 2,406 trading days over the last 10 years.

LowestHighest
Its median2.13%Industry median0.44%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+19.1%+16.5%+0.5%2.0%
3 years+17.7%+13.0%+2.4%2.0%
5 years+25.2%+15.0%+6.9%2.3%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters71.70%
  • Foreign institutions1.21%
  • Indian institutions0.02%
  • Individuals and others27.07%
Holder
MANOJ B GANDHIPromoter25.07%
MANHAR GORDHANDAS GANDHIPromoter12.58%
JAYESH M GANDHIPromoter8.73%
BHARTI M GANDHIPromoter5.43%
GOPI J GANDHIPromoter3.28%
JIGNA M.GANDHIPromoter3.12%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Iron & Steel Products, 146 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Gandhi Special Tubes in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Mangalam Worldwide logoMangalam WorldwideMWL1,11620.23.411.8+8.9%+48.2%18.1%16.1%0.08%
BMW Industries logoBMW IndustriesBMW1,08112.71.38.5+13.1%+25.2%11.1%9.9%0.90%
Bharat Wire Ropes logoBharat Wire RopesBHARATWIRE1,00114.51.28.4−7.7%−1.3%8.9%11.5%0.00%
Tembo Global Industries logoTembo Global IndustriesTEMBO9789.62.27.5+34.6%–30.9%18.0%0.20%
Hariom Pipe Industries logoHariom Pipe IndustriesHARIOMPIPE93013.51.46.6––11.3%12.8%0.25%
Kamdhenu logoKamdhenuKAMDHENU92810.82.38.9+2.9%+28.1%24.0%23.8%1.22%
Cosmic CRF logoCosmic CRFCOSMICCRF89317.72.0–+78.4%+57.5%11.8%–0.00%
Electrotherm (India) logoElectrotherm (India)ELECTHERM773––421.7−3.0%−110.1%–−4.4%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹15.00 a share, years to Mar 2025 and Mar 2026.
Ex-dateTypePer share
5 Aug 2026Final₹15.00
4 Aug 2025Final₹15.00
5 Aug 2024Final₹13.00
28 Jul 2023Final₹12.00
30 Jun 2022Final₹10.00
29 Jul 2021Final₹9.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Gandhi Special Tubes share price by year

Each calendar year to 2025.Gandhi Special Tubes share price history

YearClose at year endChangeHighest closeLowest close
2025765.75−2.7%1,003.80592.75
2024786.60+7.9%901.45683.90
2023728.95+42.4%763.10459.30
2022511.75+38.4%624.50308.00
2021369.75+44.1%540.60241.15
2020256.60−8.4%280.90140.65
2019280.00−25.3%407.95266.75
2018374.60−12.3%439.35344.10
2017427.25+40.1%428.55288.50
2016304.90+24.0%335.30199.40
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026865.85865.85820.05838.50835.9112,53252.5%
22 Oct 2026870.00887.90855.55866.40873.286,76357.7%
21 Oct 2026923.00938.50877.85888.30895.899,57851.4%
19 Oct 2026929.80937.10918.05926.30927.244,87361.9%
16 Oct 2026946.45951.95925.00934.40936.303,01959.5%
15 Oct 2026959.40959.40941.00943.70946.712,10450.3%
14 Oct 2026945.05969.45945.05956.15961.002,99841.7%
13 Oct 2026944.05960.00941.00951.90947.612,56853.6%
12 Oct 2026938.00962.95938.00947.25948.715,50845.1%
9 Oct 2026951.60964.75940.05948.65949.153,93359.2%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
17 Mar 2008Split0.5000Each share became 2.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Legal name
Gandhi Special Tubes Limited
NSE symbol
GANDHITUBE
BSE code
513108
ISIN
INE524B01027
Industry
Industrial Products
Listed
Aug 1986 on BSE, Jan 2007 on NSE
Face value
₹5
CIN
L27104MH1985PLC036004
Corporate identity number, the registrar of companies' code for it