Gandhi Special Tubes reported its best-ever financial year, with revenues rising to ₹191.77 crore and profit after tax surging to ₹68.36 crore in FY 2025-26. The company recommended a 300% dividend and proposed a share buyback of up to ₹78.13 crore.
Gandhi Special Tubes Announces Record Financial Year with Strong Dividend and Share Buyback
Revenue from Operations for FY 2025-26 reached ₹191.77 crore, up from ₹172.54 crore in the previous year. Profit After Tax (PAT) for FY 2025-26 stood at ₹68.36 crore, an increase from ₹58.67 crore in FY 2024-25. ## What just happened Gandhi Special Tubes Ltd. has reported its strongest financial year to date for the period ending March 31, 2026. The company saw its revenue climb to ₹191.77 crore and its net profit increase to ₹68.36 crore. Alongside these strong results, the board has recommended a significant final dividend of 300% (₹15 per share) and proposed a share buyback of up to 8,68,100 shares at a maximum price of ₹900 per share, amounting to a total outlay of up to ₹78.13 crore. ## Why this matters These corporate actions signal robust financial health and a commitment to returning value to shareholders. The record profitability, improved margins, and a debt-free status with a substantial net worth provide confidence. The proposed dividend and buyback are significant capital return initiatives that could boost investor sentiment and shareholder returns. ## The backstory The company's performance in FY 2025-26 was boosted by positive trends in both the commercial vehicle and tractor segments. Gandhi Special Tubes has maintained a consistent focus on cost leadership, efficient supply chain management, and customer satisfaction. ## What changes now With the dividend recommendation and buyback proposal, Gandhi Special Tubes is set to return a substantial amount of capital to its shareholders. The company aims to leverage its strong market position and operational efficiencies to navigate future challenges and continue its growth trajectory. ## Risks to watch While the company expresses confidence, it acknowledges potential external headwinds including volatility in raw material prices and uncertainty related to monsoon patterns, which could impact rural demand. ## Peer comparison (No verifiable peer comparison data available in the filing). ## Context metrics (time-bound) * **FY 2025-26 Revenue:** ₹191.77 crore (vs. ₹172.54 crore in FY 2024-25) * **FY 2025-26 PAT:** ₹68.36 crore (vs. ₹58.67 crore in FY 2024-25) * **Net Profit Margin:** 35.65% (FY 2025-26) vs. 34.01% (FY 2024-25) * **EBIDTA Margin:** 49.71% (FY 2025-26) vs. 46.42% (FY 2024-25) * **EPS:** ₹56.26 (FY 2025-26) * **Net Worth:** ₹315.95 crore (as of 31 March 2026) * **RoCE:** 24.29% * **Proposed Dividend:** 300% (₹15 per share) * **Proposed Buyback:** Up to 8,68,100 shares @ max ₹900/share (Total outlay up to ₹78.13 crore) ## What to track next Investors will be watching the finalization of the share buyback and the actual payout of the dividend. Monitoring raw material price trends and the impact of monsoon on demand will be crucial for the company's performance in the upcoming fiscal year.
