Gandhi Special Tubes Ltd

Gandhi Special Tubes Ltd – Company Report


1. Company Overview


Gandhi Special Tubes Ltd, incorporated in 1985 and headquartered in Mumbai, Maharashtra, is a leading Indian manufacturer of seamless and welded steel tubes and cold-formed nuts. The company was established as part of the Gandhi Group, which began operations in 1959, and has built its reputation on supplying high-quality tubular solutions for over three decades. Gandhi Special Tubes operates with advanced German technology and leverages technical collaboration with prominent international players, notably BENTELER of Germany. The company serves core industries such as automotive, commercial vehicles, hydraulic systems, earthmovers, and general engineering, and enjoys a wide presence both in India and across export markets in Asia, Europe, and North America. It is known for its strong emphasis on quality, integrity, dependability, and sustainable practices, supported by a workforce of approximately 201–500 employees.

  • Incorporated: December 22, 1985
  • Headquarters: Mumbai, Maharashtra, India
  • Employees: 201–500
  • Stock Listing: BSE/NSE (Code: GANDHITUBE)
  • Certifications: ISO standards, state-of-the-art German technical collaboration
  • Core Focus: Seamless and welded steel tubes, high-pressure tubes, and coupling nuts for industrial and automotive use

2. Products and Services


Gandhi Special Tubes Ltd offers a comprehensive portfolio of tubular products and related components tailored to the needs of automotive, hydraulic, general engineering, and infrastructure sectors:

  • Seamless Steel Tubes: For automotive, commercial vehicles, excavators, and construction equipment; precision cold drawn and bright annealed for high durability and accuracy
  • Welded Tubes: Supply to compressors, tractors, automobiles, heating elements, and other industrial segments
  • High Pressure Diesel Fuel Injection Tubes: Custom made for automotive and engineering applications
  • Coupling Nuts & Cold-Formed Nuts: Designed for fuel injection tube assemblies, hydraulics, and other tube assemblies
  • Custom Tubular Solutions: Tailored products meeting strict automotive and engineering standards with strong R&D and advanced continuous roller hearth furnaces (German technology) ensuring bright, scale-free tubes

3. Recent News & Financial Performance


Business Developments

  • Gandhi Special Tubes continues to be a preferred supplier for leading OEMs in automotive and engineering both in India and internationally, expanding both its capacity and technical portfolio to address new market opportunities.
  • Ongoing investments in modernizing manufacturing, enhancing product quality, and adapting to evolving global industry trends.

4. Financial Performance (FY2025)


Metric FY2025 Value
Total Revenue ₹185 crore
Net Profit ₹59 crore
Net Profit Margin 30%
EPS (TTM, Mar 2025) ₹48.28
EBITDA Margin 43%

Financial Summary

FY2025
MetricCompanyIndustry Avg.
Price / Sales5.131.24
EV / EBITDA10.9811.59
Debt / Equity00.59
ROE %24.0220.13
ROCE %31.4822.33
P / B3.313.31
Div Yld %1.790.65
P/E15.0819.94
OPM %39.6410
Qtr Sales Growth YOY %9.8435.87
Qtr Profit Growth YOY %-10.5568.94
ROA LAST 12M %22.1911.1
Prom. Hold. %73.5362.68
Sales 3Yrs CAGR %7.9927.5
Sales 5Yrs CAGR %16.3431.02
Profit 3Yrs CAGR %12.5649.93
Profit 5Yrs CAGR %19.253.39

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