Gandhi Special Tubes Ltd

NSE: GANDHITUBE BSE: 513108

₹951.95

-4.20 (0.44%)

Fri, 23 Oct 2026, 07:49 am

MTF 5xInvest in Gandhi Special Tubes Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)1156.87

PE Ratio15.49

Dividend1.58

Non-Energy Minerals

Steel

24.5K

Gandhi Special Tubes Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	Mar 2006	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	0	0	0	0	0	0	—	0	0	-211.66K	-156.82K	-181.00K	-188.00K	-365.00K	-422.00K	-661.00K	-764.00K	-1.42M	-948.00K	-1.78M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	584.71M	677.99M	835.93M	961.18M	1.12B	1.31B	1.52B	1.65B	1.73B	1.75B	1.81B	2.05B	1.97B	2.21B	1.62B	1.92B	1.66B	2.02B	2.43B	2.87B
Total current assets	236.66M	243.28M	297.32M	313.96M	389.85M	405.13M	548.62M	632.27M	652.73M	500.63M	570.90M	629.47M	653.98M	970.11M	747.15M	1.18B	804.03M	955.41M	706.98M	772.59M
Cash and short term investments	28.73M	12.37M	10.91M	12.50M	26.32M	22.43M	143.08M	253.21M	239.56M	77.72M	225.86M	201.71M	228.55M	508.82M	324.56M	687.87M	364.09M	512.21M	65.18M	88.51M
Cash & equivalents	28.28M	12.07M	10.71M	12.40M	26.32M	22.43M	41.71M	28.19M	17.88M	21.25M	29.88M	32.33M	45.25M	35.15M	21.08M	28.34M	22.64M	28.49M	28.18M	36.51M
Short term investments	451.50K	300.00K	200.00K	100.00K	—	0	101.37M	225.02M	221.68M	56.47M	195.98M	169.38M	183.30M	473.67M	303.49M	659.53M	341.44M	483.72M	37.00M	52.01M
Total receivables, net	95.29M	102.78M	114.73M	107.96M	180.54M	191.69M	165.53M	155.01M	158.34M	131.77M	167.04M	169.10M	200.80M	170.78M	161.07M	267.07M	177.10M	187.30M	200.38M	224.51M
Accounts receivable - trade, net	90.15M	90.64M	96.77M	99.77M	146.70M	156.61M	164.07M	149.44M	153.23M	126.65M	161.27M	162.75M	194.53M	153.79M	147.22M	254.66M	166.89M	178.87M	195.75M	219.87M
Other receivables	5.14M	12.14M	17.97M	8.19M	33.84M	35.08M	1.46M	5.57M	5.11M	5.12M	5.77M	6.35M	6.27M	16.99M	13.85M	12.41M	10.21M	8.44M	4.62M	4.64M
Total inventory	96.88M	107.13M	147.36M	177.40M	180.86M	188.30M	228.49M	213.81M	237.67M	280.39M	169.95M	243.72M	200.85M	272.07M	252.98M	209.86M	237.78M	237.29M	421.43M	447.19M
Other current assets, total	14.34M	21.00M	24.32M	16.10M	2.13M	2.71M	6.99M	5.31M	11.33M	6.52M	5.53M	12.45M	21.18M	18.45M	6.06M	15.65M	22.04M	15.46M	15.75M	9.58M
Total non-current assets	348.06M	434.72M	538.61M	647.23M	735.14M	904.78M	967.17M	1.02B	1.08B	1.25B	1.24B	1.43B	1.32B	1.24B	869.87M	740.93M	859.61M	1.07B	1.73B	2.09B
Long term investments	53.59M	56.09M	40.16M	176.23M	309.44M	514.17M	577.72M	386.48M	427.73M	610.53M	620.44M	873.16M	805.43M	725.27M	385.14M	278.71M	385.24M	616.41M	1.28B	1.65B
Note receivable - long term	—	—	—	—	—	—	0	0	0	0	0	—	—	—	—	—	—	—	—	—
Investments in unconsolidated subsidiaries	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other investments	53.59M	56.09M	40.16M	176.23M	309.44M	514.17M	577.72M	386.48M	427.73M	610.53M	620.44M	873.16M	805.43M	725.27M	385.14M	278.71M	385.24M	616.41M	1.28B	1.65B
Net property/plant/equipment	292.52M	376.29M	496.01M	468.89M	421.08M	385.99M	361.03M	557.77M	641.96M	627.18M	589.89M	551.98M	514.28M	512.58M	483.70M	461.18M	467.32M	444.70M	431.76M	432.91M
Gross property/plant/equipment	563.98M	686.26M	846.79M	870.23M	869.22M	881.26M	897.26M	1.13B	1.27B	1.29B	1.30B	588.17M	586.79M	617.78M	623.84M	630.81M	667.28M	669.54M	664.48M	676.03M
Deferred tax assets	1.95M	2.33M	2.44M	2.11M	4.62M	4.62M	4.88M	9.55M	8.41M	9.22M	9.69M	10.28M	—	—	—	—	—	—	6.23M	6.61M
Net intangible assets	0	0	0	0	0	0	0	174.62K	87.31K	218.75K	248.30K	69.00K	15.00K	256.00K	309.00K	325.00K	67.00K	0	39.00K	194.00K
Goodwill, net	—	—	—	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	—	—	—	—	0	0	0	174.62K	87.31K	218.75K	248.30K	69.00K	15.00K	256.00K	309.00K	325.00K	67.00K	0	39.00K	194.00K
Other long term assets, total	0	0	0	0	0	0	17.60M	48.79M	0	0	20.44M	250.00K	245.00K	485.00K	721.00K	721.00K	6.98M	6.97M	6.60M	6.60M
Short term debt	—	—	—	—	0	0	0	0	0	0	0	0	0	0	0	0	917.00K	452.00K	359.00K	388.00K
Current portion of LT debt and capital leases	—	—	—	—	0	0	0	0	0	0	0	0	0	0	0	0	917.00K	452.00K	359.00K	388.00K
Short term debt excl. current portion of LT debt	—	—	—	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accounts payable	13.54M	19.23M	4.06M	18.80M	7.24M	10.47M	19.26M	15.94M	19.51M	11.88M	9.50M	8.82M	16.23M	17.29M	10.17M	17.12M	13.68M	15.62M	16.63M	18.25M
Income tax payable	0	500.80K	4.57M	6.81M	530.95K	3.29M	35.24K	67.74K	12.78M	2.54M	—	4.44M	7.08M	—	1.64M	8.18M	2.31M	0	17.76M	4.47M
Long term debt	11.35M	8.52M	5.69M	2.87M	0	0	0	0	0	0	0	0	0	0	3.03M	3.19M	3.07M	2.69M	2.46M	2.10M
Long term debt excl. lease liabilities	11.35M	8.52M	5.69M	2.87M	0	0	0	0	0	0	0	0	0	0	3.03M	3.19M	3.07M	2.69M	2.46M	2.10M
Total equity	490.87M	586.06M	731.51M	847.80M	1.02B	1.19B	1.39B	1.50B	1.57B	1.60B	1.65B	1.88B	1.77B	2.01B	1.47B	1.72B	1.47B	1.82B	2.23B	2.66B
Shareholders' equity	490.87M	586.06M	731.51M	847.80M	1.02B	1.19B	1.39B	1.50B	1.57B	1.60B	1.65B	1.88B	1.77B	2.01B	1.47B	1.72B	1.47B	1.82B	2.23B	2.66B
Common equity, total	490.87M	586.06M	731.51M	847.80M	1.02B	1.19B	1.39B	1.50B	1.57B	1.60B	1.65B	1.88B	1.77B	2.01B	1.47B	1.72B	1.47B	1.82B	2.23B	2.66B
Other common equity	416.84M	512.03M	657.48M	773.76M	941.65M	1.12B	1.31B	1.43B	291.54M	321.00M	321.00M	321.54M	25.94M	25.94M	30.44M	30.44M	34.27M	34.27M	34.27M	34.27M
Total debt	11.35M	8.52M	5.69M	2.87M	0	0	0	0	0	0	0	0	0	0	3.03M	3.19M	3.98M	3.14M	2.82M	2.49M
Net debt	-17.39M	-3.85M	-5.21M	-9.63M	-26.32M	-22.43M	-143.08M	-253.21M	-239.56M	-77.72M	-225.86M	-201.71M	-228.55M	-508.82M	-321.54M	-684.69M	-360.10M	-509.07M	-62.36M	-86.02M
Change in accounts receivable	-13.60M	-14.14M	-15.28M	15.00M	-58.61M	-11.74M	-8.85M	24.54M	-12.56M	32.54M	-26.49M	-1.47M	-31.79M	40.74M	6.57M	-107.44M	87.77M	-11.97M	-16.89M	-24.11M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	16.40M	-8.08M	1.54M	2.47M	5.85M	5.98M	12.94M	11.70M	-22.16M	-4.24M	9.64M	5.23M	31.56M	-8.27M	-27.39M	53.33M	-7.63M	19.21M	-26.50M	8.01M
Change in other assets/liabilities	0	0	0	0	—	0	—	0	0	0	0	2.40M	-7.59M	-7.14M	19.58M	-15.02M	-4.52M	-4.35M	5.49M	8.39M
Sale of fixed assets & businesses	—	285.00K	908.94K	684.17K	17.25M	0	913.02K	1.07M	0	856.78K	2.09M	2.24M	525.00K	1.50M	38.00K	58.00K	3.00K	1.00K	23.47M	1.70M
Purchase/sale of investments, net	50.68M	-2.51M	14.61M	-136.07M	-130.03M	-204.08M	-143.48M	73.54M	36.19M	3.63M	-159.49M	-61.82M	106.97M	-161.41M	534.38M	-212.20M	247.03M	-86.55M	-381.87M	-284.84M
Sale/maturity of investments	342.93M	184.98M	203.04M	349.04M	433.40M	532.76M	856.37M	576.50M	1.13B	602.72M	807.13M	1.15B	935.55M	761.84M	1.39B	636.16M	889.76M	853.23M	925.76M	568.14M
Purchase of investments	-292.25M	-187.50M	-188.43M	-485.11M	-563.43M	-736.84M	-999.85M	-502.96M	-1.09B	-599.09M	-966.62M	-1.21B	-828.58M	-923.25M	-853.05M	-848.37M	-642.73M	-939.78M	-1.31B	-852.98M
Other investing cash flow items, total	3.57M	34.08K	2.40M	564.50K	0	-251.32K	0	0	0	0	0	0	0	0	0	0	-5.00M	5.00M	0	0
Issuance/retirement of debt, net	-2.83M	-2.83M	-2.83M	-2.83M	-2.87M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance/retirement of long term debt	—	0	0	0	-2.87M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance/retirement of short term debt	-2.83M	-2.83M	-2.83M	-2.83M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	0	—	—	—	—	—	—	—
Total cash dividends paid	-33.52M	-33.52M	-42.99M	-42.99M	-85.98M	-85.70M	-88.19M	-88.19M	-88.19M	-132.81M	-132.68M	-159.22M	0	-149.93M	-149.93M	-116.27M	-116.27M	-121.52M	-145.82M	-157.98M
Other financing cash flow items, total	0	0	0	0	0	0	-14.31M	-14.31M	-14.99M	0	0	0	-440.00M	0	0	0	0	0	0	0

Particulars	Mar 2006	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	0	0	0	0	0	0	—	0	0	-211.66K	-156.82K	-181.00K	-188.00K	-365.00K	-422.00K	-661.00K	-764.00K	-1.42M	-948.00K	-1.78M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	584.71M	677.99M	835.93M	961.18M	1.12B	1.31B	1.52B	1.65B	1.73B	1.75B	1.81B	2.05B	1.97B	2.21B	1.62B	1.92B	1.66B	2.02B	2.43B	2.87B
Total current assets	236.66M	243.28M	297.32M	313.96M	389.85M	405.13M	548.62M	632.27M	652.73M	500.63M	570.90M	629.47M	653.98M	970.11M	747.15M	1.18B	804.03M	955.41M	706.98M	772.59M
Cash and short term investments	28.73M	12.37M	10.91M	12.50M	26.32M	22.43M	143.08M	253.21M	239.56M	77.72M	225.86M	201.71M	228.55M	508.82M	324.56M	687.87M	364.09M	512.21M	65.18M	88.51M
Cash & equivalents	28.28M	12.07M	10.71M	12.40M	26.32M	22.43M	41.71M	28.19M	17.88M	21.25M	29.88M	32.33M	45.25M	35.15M	21.08M	28.34M	22.64M	28.49M	28.18M	36.51M
Short term investments	451.50K	300.00K	200.00K	100.00K	—	0	101.37M	225.02M	221.68M	56.47M	195.98M	169.38M	183.30M	473.67M	303.49M	659.53M	341.44M	483.72M	37.00M	52.01M
Total receivables, net	95.29M	102.78M	114.73M	107.96M	180.54M	191.69M	165.53M	155.01M	158.34M	131.77M	167.04M	169.10M	200.80M	170.78M	161.07M	267.07M	177.10M	187.30M	200.38M	224.51M
Accounts receivable - trade, net	90.15M	90.64M	96.77M	99.77M	146.70M	156.61M	164.07M	149.44M	153.23M	126.65M	161.27M	162.75M	194.53M	153.79M	147.22M	254.66M	166.89M	178.87M	195.75M	219.87M
Other receivables	5.14M	12.14M	17.97M	8.19M	33.84M	35.08M	1.46M	5.57M	5.11M	5.12M	5.77M	6.35M	6.27M	16.99M	13.85M	12.41M	10.21M	8.44M	4.62M	4.64M
Total inventory	96.88M	107.13M	147.36M	177.40M	180.86M	188.30M	228.49M	213.81M	237.67M	280.39M	169.95M	243.72M	200.85M	272.07M	252.98M	209.86M	237.78M	237.29M	421.43M	447.19M
Other current assets, total	14.34M	21.00M	24.32M	16.10M	2.13M	2.71M	6.99M	5.31M	11.33M	6.52M	5.53M	12.45M	21.18M	18.45M	6.06M	15.65M	22.04M	15.46M	15.75M	9.58M
Total non-current assets	348.06M	434.72M	538.61M	647.23M	735.14M	904.78M	967.17M	1.02B	1.08B	1.25B	1.24B	1.43B	1.32B	1.24B	869.87M	740.93M	859.61M	1.07B	1.73B	2.09B
Long term investments	53.59M	56.09M	40.16M	176.23M	309.44M	514.17M	577.72M	386.48M	427.73M	610.53M	620.44M	873.16M	805.43M	725.27M	385.14M	278.71M	385.24M	616.41M	1.28B	1.65B
Note receivable - long term	—	—	—	—	—	—	0	0	0	0	0	—	—	—	—	—	—	—	—	—
Investments in unconsolidated subsidiaries	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other investments	53.59M	56.09M	40.16M	176.23M	309.44M	514.17M	577.72M	386.48M	427.73M	610.53M	620.44M	873.16M	805.43M	725.27M	385.14M	278.71M	385.24M	616.41M	1.28B	1.65B
Net property/plant/equipment	292.52M	376.29M	496.01M	468.89M	421.08M	385.99M	361.03M	557.77M	641.96M	627.18M	589.89M	551.98M	514.28M	512.58M	483.70M	461.18M	467.32M	444.70M	431.76M	432.91M
Gross property/plant/equipment	563.98M	686.26M	846.79M	870.23M	869.22M	881.26M	897.26M	1.13B	1.27B	1.29B	1.30B	588.17M	586.79M	617.78M	623.84M	630.81M	667.28M	669.54M	664.48M	676.03M
Deferred tax assets	1.95M	2.33M	2.44M	2.11M	4.62M	4.62M	4.88M	9.55M	8.41M	9.22M	9.69M	10.28M	—	—	—	—	—	—	6.23M	6.61M
Net intangible assets	0	0	0	0	0	0	0	174.62K	87.31K	218.75K	248.30K	69.00K	15.00K	256.00K	309.00K	325.00K	67.00K	0	39.00K	194.00K
Goodwill, net	—	—	—	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	—	—	—	—	0	0	0	174.62K	87.31K	218.75K	248.30K	69.00K	15.00K	256.00K	309.00K	325.00K	67.00K	0	39.00K	194.00K
Other long term assets, total	0	0	0	0	0	0	17.60M	48.79M	0	0	20.44M	250.00K	245.00K	485.00K	721.00K	721.00K	6.98M	6.97M	6.60M	6.60M
Short term debt	—	—	—	—	0	0	0	0	0	0	0	0	0	0	0	0	917.00K	452.00K	359.00K	388.00K
Current portion of LT debt and capital leases	—	—	—	—	0	0	0	0	0	0	0	0	0	0	0	0	917.00K	452.00K	359.00K	388.00K
Short term debt excl. current portion of LT debt	—	—	—	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accounts payable	13.54M	19.23M	4.06M	18.80M	7.24M	10.47M	19.26M	15.94M	19.51M	11.88M	9.50M	8.82M	16.23M	17.29M	10.17M	17.12M	13.68M	15.62M	16.63M	18.25M
Income tax payable	0	500.80K	4.57M	6.81M	530.95K	3.29M	35.24K	67.74K	12.78M	2.54M	—	4.44M	7.08M	—	1.64M	8.18M	2.31M	0	17.76M	4.47M
Long term debt	11.35M	8.52M	5.69M	2.87M	0	0	0	0	0	0	0	0	0	0	3.03M	3.19M	3.07M	2.69M	2.46M	2.10M
Long term debt excl. lease liabilities	11.35M	8.52M	5.69M	2.87M	0	0	0	0	0	0	0	0	0	0	3.03M	3.19M	3.07M	2.69M	2.46M	2.10M
Total equity	490.87M	586.06M	731.51M	847.80M	1.02B	1.19B	1.39B	1.50B	1.57B	1.60B	1.65B	1.88B	1.77B	2.01B	1.47B	1.72B	1.47B	1.82B	2.23B	2.66B
Shareholders' equity	490.87M	586.06M	731.51M	847.80M	1.02B	1.19B	1.39B	1.50B	1.57B	1.60B	1.65B	1.88B	1.77B	2.01B	1.47B	1.72B	1.47B	1.82B	2.23B	2.66B
Common equity, total	490.87M	586.06M	731.51M	847.80M	1.02B	1.19B	1.39B	1.50B	1.57B	1.60B	1.65B	1.88B	1.77B	2.01B	1.47B	1.72B	1.47B	1.82B	2.23B	2.66B
Other common equity	416.84M	512.03M	657.48M	773.76M	941.65M	1.12B	1.31B	1.43B	291.54M	321.00M	321.00M	321.54M	25.94M	25.94M	30.44M	30.44M	34.27M	34.27M	34.27M	34.27M
Total debt	11.35M	8.52M	5.69M	2.87M	0	0	0	0	0	0	0	0	0	0	3.03M	3.19M	3.98M	3.14M	2.82M	2.49M
Net debt	-17.39M	-3.85M	-5.21M	-9.63M	-26.32M	-22.43M	-143.08M	-253.21M	-239.56M	-77.72M	-225.86M	-201.71M	-228.55M	-508.82M	-321.54M	-684.69M	-360.10M	-509.07M	-62.36M	-86.02M
Change in accounts receivable	-13.60M	-14.14M	-15.28M	15.00M	-58.61M	-11.74M	-8.85M	24.54M	-12.56M	32.54M	-26.49M	-1.47M	-31.79M	40.74M	6.57M	-107.44M	87.77M	-11.97M	-16.89M	-24.11M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	16.40M	-8.08M	1.54M	2.47M	5.85M	5.98M	12.94M	11.70M	-22.16M	-4.24M	9.64M	5.23M	31.56M	-8.27M	-27.39M	53.33M	-7.63M	19.21M	-26.50M	8.01M
Change in other assets/liabilities	0	0	0	0	—	0	—	0	0	0	0	2.40M	-7.59M	-7.14M	19.58M	-15.02M	-4.52M	-4.35M	5.49M	8.39M
Sale of fixed assets & businesses	—	285.00K	908.94K	684.17K	17.25M	0	913.02K	1.07M	0	856.78K	2.09M	2.24M	525.00K	1.50M	38.00K	58.00K	3.00K	1.00K	23.47M	1.70M
Purchase/sale of investments, net	50.68M	-2.51M	14.61M	-136.07M	-130.03M	-204.08M	-143.48M	73.54M	36.19M	3.63M	-159.49M	-61.82M	106.97M	-161.41M	534.38M	-212.20M	247.03M	-86.55M	-381.87M	-284.84M
Sale/maturity of investments	342.93M	184.98M	203.04M	349.04M	433.40M	532.76M	856.37M	576.50M	1.13B	602.72M	807.13M	1.15B	935.55M	761.84M	1.39B	636.16M	889.76M	853.23M	925.76M	568.14M
Purchase of investments	-292.25M	-187.50M	-188.43M	-485.11M	-563.43M	-736.84M	-999.85M	-502.96M	-1.09B	-599.09M	-966.62M	-1.21B	-828.58M	-923.25M	-853.05M	-848.37M	-642.73M	-939.78M	-1.31B	-852.98M
Other investing cash flow items, total	3.57M	34.08K	2.40M	564.50K	0	-251.32K	0	0	0	0	0	0	0	0	0	0	-5.00M	5.00M	0	0
Issuance/retirement of debt, net	-2.83M	-2.83M	-2.83M	-2.83M	-2.87M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance/retirement of long term debt	—	0	0	0	-2.87M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance/retirement of short term debt	-2.83M	-2.83M	-2.83M	-2.83M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	0	—	—	—	—	—	—	—
Total cash dividends paid	-33.52M	-33.52M	-42.99M	-42.99M	-85.98M	-85.70M	-88.19M	-88.19M	-88.19M	-132.81M	-132.68M	-159.22M	0	-149.93M	-149.93M	-116.27M	-116.27M	-121.52M	-145.82M	-157.98M
Other financing cash flow items, total	0	0	0	0	0	0	-14.31M	-14.31M	-14.99M	0	0	0	-440.00M	0	0	0	0	0	0	0