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GAND

Gandhi Special TubesNSEI:GANDHITUBE Stock Report

Last Price

₹396.55

Market Cap

₹4.8b

7D

2.3%

1Y

53.8%

Updated

20 Jan, 2022

Data

Company Financials
GANDHITUBE fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends5/6

GANDHITUBE Stock Overview

Gandhi Special Tubes Limited manufactures and markets welded and seamless steel tubes in India.

Price History & Performance

Summary of all time highs, changes and price drops for Gandhi Special Tubes
Historical stock prices
Current Share Price₹396.55
52 Week High₹558.85
52 Week Low₹236.00
Beta0.29
1 Month Change11.99%
3 Month Change-7.27%
1 Year Change53.82%
3 Year Change9.33%
5 Year Change23.02%
Change since IPO164.45%

Recent News & Updates

Shareholder Returns

GANDHITUBEIN Metals and MiningIN Market
7D2.3%1.2%-1.1%
1Y53.8%61.0%32.6%

Return vs Industry: GANDHITUBE underperformed the Indian Metals and Mining industry which returned 61% over the past year.

Return vs Market: GANDHITUBE exceeded the Indian Market which returned 32.6% over the past year.

Price Volatility

Is GANDHITUBE's price volatile compared to industry and market?
GANDHITUBE volatility
GANDHITUBE Average Weekly Movement4.8%
Metals and Mining Industry Average Movement6.9%
Market Average Movement6.7%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.1%

Stable Share Price: GANDHITUBE is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: GANDHITUBE's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1985358Manhar Gandhihttps://www.gandhispecialtubes.com

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.

Gandhi Special Tubes Fundamentals Summary

How do Gandhi Special Tubes's earnings and revenue compare to its market cap?
GANDHITUBE fundamental statistics
Market Cap₹4.81b
Earnings (TTM)₹468.11m
Revenue (TTM)₹1.47b

10.3x

P/E Ratio

3.3x

P/S Ratio

Is GANDHITUBE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
GANDHITUBE income statement (TTM)
Revenue₹1.47b
Cost of Revenue₹511.80m
Gross Profit₹957.02m
Expenses₹488.91m
Earnings₹468.11m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)38.52
Gross Margin65.16%
Net Profit Margin31.87%
Debt/Equity Ratio0%

How did GANDHITUBE perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

25%

Payout Ratio

Valuation

Is Gandhi Special Tubes undervalued compared to its fair value and its price relative to the market?

46.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GANDHITUBE (₹396.55) is trading below our estimate of fair value (₹736.23)

Significantly Below Fair Value: GANDHITUBE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: GANDHITUBE is good value based on its PE Ratio (10.3x) compared to the Indian Metals and Mining industry average (14x).

PE vs Market: GANDHITUBE is good value based on its PE Ratio (10.3x) compared to the Indian market (23.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GANDHITUBE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GANDHITUBE is overvalued based on its PB Ratio (2.6x) compared to the IN Metals and Mining industry average (1.7x).


Future Growth

How is Gandhi Special Tubes forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-9.3%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Gandhi Special Tubes has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Gandhi Special Tubes performed over the past 5 years?

2.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GANDHITUBE has high quality earnings.

Growing Profit Margin: GANDHITUBE's current net profit margins (31.9%) are higher than last year (26.6%).


Past Earnings Growth Analysis

Earnings Trend: GANDHITUBE's earnings have grown by 2.2% per year over the past 5 years.

Accelerating Growth: GANDHITUBE's earnings growth over the past year (131.7%) exceeds its 5-year average (2.2% per year).

Earnings vs Industry: GANDHITUBE earnings growth over the past year (131.7%) underperformed the Metals and Mining industry 154%.


Return on Equity

High ROE: GANDHITUBE's Return on Equity (25.7%) is considered high.


Financial Health

How is Gandhi Special Tubes's financial position?


Financial Position Analysis

Short Term Liabilities: GANDHITUBE's short term assets (₹1.3B) exceed its short term liabilities (₹144.3M).

Long Term Liabilities: GANDHITUBE's short term assets (₹1.3B) exceed its long term liabilities (₹94.7M).


Debt to Equity History and Analysis

Debt Level: GANDHITUBE is debt free.

Reducing Debt: GANDHITUBE had no debt 5 years ago.

Debt Coverage: GANDHITUBE has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: GANDHITUBE has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Gandhi Special Tubes's current dividend yield, its reliability and sustainability?

2.27%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GANDHITUBE's dividend (2.27%) is higher than the bottom 25% of dividend payers in the Indian market (0.3%).

High Dividend: GANDHITUBE's dividend (2.27%) is in the top 25% of dividend payers in the Indian market (1.33%)


Stability and Growth of Payments

Stable Dividend: GANDHITUBE's dividends per share have been stable in the past 10 years.

Growing Dividend: GANDHITUBE's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (24.8%), GANDHITUBE's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

22.2yrs

Average management tenure


CEO

Manhar Gandhi

36.75yrs

Tenure

₹23,000,000

Compensation

Mr. Manhar G. Gandhi has been Managing Director of Gandhi Special Tubes Ltd. since April 22, 1985 and its Director since January 1, 2010. Mr. Gandhi serves as the chairman of Gandhi Finance Company Pvt Ltd...


CEO Compensation Analysis

Compensation vs Market: Manhar's total compensation ($USD309.26K) is above average for companies of similar size in the Indian market ($USD38.28K).

Compensation vs Earnings: Manhar's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: GANDHITUBE's management team is seasoned and experienced (22.2 years average tenure).


Board Members

Experienced Board: GANDHITUBE's board of directors are seasoned and experienced ( 13.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Gandhi Special Tubes Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Gandhi Special Tubes Limited
  • Ticker: GANDHITUBE
  • Exchange: NSEI
  • Founded: 1985
  • Industry: Steel
  • Sector: Materials
  • Implied Market Cap: ₹4.813b
  • Shares outstanding: 12.15m
  • Website: https://www.gandhispecialtubes.com

Number of Employees


Location

  • Gandhi Special Tubes Limited
  • 201-204, Plaza
  • 2nd Floor
  • Mumbai
  • Maharashtra
  • 400007
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/20 16:00
End of Day Share Price2022/01/20 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.