How has Gandhi Special Tubes Limited (GANDHITUBE) been performing? We dig into revenue, profitability, valuation, and ownership trends.
Gandhi Tubes Revenue Trend
Year-over-year, Gandhi Special Tubes Limited grew revenue by 11.1% — from ₹173 Cr in FY2025 to ₹192 Cr in FY2026.
Revenue compounded at 7.7% annually over 10 years for Gandhi Special Tubes Limited. It's a reasonable growth rate that's roughly kept pace with the broader market.
A ₹192 Cr revenue base makes Gandhi Special Tubes Limited a smaller name in the Indian tubes sector.
The consistency stands out: 6 consecutive years of growth in top-line revenue.
| Year | Revenue | YoY % |
|---|---|---|
| FY2026 | ₹192 Cr | +11.1% |
| FY2025 | ₹173 Cr | +1.0% |
| FY2024 | ₹171 Cr | +2.0% |
| FY2023 | ₹167 Cr | +22.2% |
| FY2022 | ₹137 Cr | — |
View Gandhi Special Tubes Limited's full 10-year revenue trend with CAGR analysis →
Gandhi Tubes Profitability
On the profitability front, Gandhi Special Tubes Limited did well — net income rose 16.5% to ₹68.4 Cr from ₹58.7 Cr a year earlier.
A stronger net margin of 35.6% in FY2026 (from 34.0%) points to better profitability per rupee of revenue.
Diluted EPS came in at ₹56.26 for FY2026, up from ₹48.28 a year earlier.
Is Gandhi Tubes Undervalued
Gandhi Special Tubes Limited shares are currently trading at ₹881.20.
Craytheon calculates intrinsic value using the P/E Ratio, DCF, and EPS Growth models. All three appear in the Valuation Models cards below.
Valuation Models
Gandhi Tubes Shareholding Pattern
No change in promoter stake — it has held at 73.5% for the past 4 quarters.
No movement from FIIs — their 1.2% holding is unchanged year-over-year.
As of June 2026, DIIs own 0.1% of the company, the same as a year earlier.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Jun 2026 | 73.5% | 1.2% | 0.1% | 25.2% |
| Mar 2026 | 73.5% | 1.2% | 0.1% | 25.2% |
| Dec 2025 | 73.5% | 1.2% | 0.1% | 25.2% |
| Sep 2025 | 73.5% | 1.2% | 0.1% | 25.2% |
Track quarterly shareholding changes for Gandhi Special Tubes Limited →
Gandhi Tubes Balance Sheet
Proportional view as of 3 Aug 2026. Hover blocks for details.
Assets
Liabilities & Equity
FY2026 total assets: ₹3.40B (up 18.9% YoY from ₹2.86B).
Top categories: Investments (61.0%), Inventories (16.3%), Property, Plant & Equipment (12.2%).
Of the ₹3.40B in liabilities and equity, 92.9% is shareholder equity, 0.0% is interest-bearing debt, and 7.1% is operating liabilities. Over the year, debt is down 59.2% and equity is up 18.9%.
Balance sheet composition — FY 2026
| Category | Value |
|---|---|
| Cash & ST Investments | 112.30M |
| Receivables | 203.38M |
| Inventories | 555.55M |
| Property, Plant & Equipment | 415.43M |
| Investments | 2.07B |
| Intangibles & Goodwill | 154,000 |
| Other Assets | 39.41M |
| Category | Value |
|---|---|
| Equity | 3.16B |
| Short-term Debt | 411,000 |
| Long-term Debt | 606,000 |
| Trade Payables | 18.30M |
| Other Liabilities | 221.74M |
What Stands Out About Gandhi Tubes
To sum up Gandhi Special Tubes Limited's financial position: the data paints a clear picture for investors evaluating this tubes stock.
Revenue of ₹192 Cr in FY2026, up 11.1% year-over-year.
Long-term revenue has been compounding at 7.7% annually over 10 years.
The company is profitable, with a net margin of 35.6% and net income of ₹68.4 Cr.
Unlock Full Analysis
There's more to the story. Craytheon's full profile for Gandhi Special Tubes Limited includes three valuation models, decade-long financials, and insider activity.