Gandhi Special Tubes Limited Share Price and Company Fundamentals



Price
₹359.8
Change
-16.550 (-4.398%)
52 week
302.3 - 558.85

Last traded: Last Friday at 9:59 AM

Gandhi Special Tubes Limited manufactures and markets welded and seamless steel tubes in India. The company offers cold drawn bright annealed seamless steel tubes; precision electric resistance welded steel tubes; cold formed coupling nuts; and high pressure diesel fuel injection tubes. It supplies its products primarily to the original equipment manufacturers of the automotive sector, farm equipment manufacturers, construction equipment manufacturers, and other engineering industries. The company is also involved in the wind power generation activities in Maharashtra and Gujarat. It exports its products. The company was formerly known as Gandhi Special 07 Tubes Ltd. Gandhi Special Tubes Limited was incorporated in 1985 and is based in Mumbai, India.

Key Metrics

PE ratio

11.98

PB ratio

3.03

Dividend yield

2.66%

Beta

0.26

Market cap

-

Enterprise value

-

Company profile

Industry / SectorMetal Fabrication / Industrials
Websitehttps://www.gandhispecialtubes.com
Mailing address201-204, Plaza 2nd Floor 55 Hughes Road Next to Dharam Palace Mumbai 400007 India
Phone / Fax91 22 2363 4179 / 91 22 2363 4392

Dividends

Dividend yield

2.66%

Dividend amount

₹10.00

Payout ratio

29.35%

Gandhi Special Tubes Limited paid ₹10.00 dividend and the ex-dividend date was 30 June 2022.The dividend payout ratio is 29.35%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.GANDHITUBE dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

GANDHITUBE's forward dividend amount is ₹10 and the forward dividend yield is 2.79%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Gandhi Special Tubes Limited.

NameTitleAgeTotal Pay
Mr. Manhar G. GandhiChairman & MD23M
Mr. Bhupatrai G. GandhiJoint MD & Exec. Director8223M
Ms. Shobhana Rajan VartakChief Financial Officer
Mr. Jitendra Dattaram KhadyeCompany Sec. & Compliance Officer

Profitability and management effectiveness

Profit margin

28.15%

Operating margin

33.40%

Return on assets

15.94%

Return on equity

24.17%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Gandhi Special Tubes Limited is and its enterprise value is .

The GANDHITUBE's stocks Beta value is 0.26 making it 74% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Gandhi Special Tubes Limited (NSE:GANDHITUBE) Frequently Asked Questions

1. What is Gandhi Special Tubes Limited's Stock Symbol?

Gandhi Special Tubes Limited trades on NSE under the ticker symbol "GANDHITUBE".

2. What is Gandhi Special Tubes Limited's stock price today?

One share of GANDHITUBE stock can currently be purchased for approximately ₹359.8.

3. How can I contact Gandhi Special Tubes Limited?

Gandhi Special Tubes Limited's mailing address is 201-204, Plaza 2nd Floor 55 Hughes Road Next to Dharam Palace Mumbai 400007 India. The company can be reached via phone at 91 22 2363 4179.

4. What is Gandhi Special Tubes Limited's official website?

The official website of Gandhi Special Tubes Limited is https://www.gandhispecialtubes.com.